MONEY FOR NOTHING AND CHICKS FOR FREE

You're buying a gambling service token that doesn't pay out profits from their gambling service. This alone kills any real investor incentive. GG small monies

but muh buybacks + low cap
ez money

No product on the blockchain. They literally just have a token and a website with a shitty demo any coder could throw together in 5 minutes.

You guys need to learn how to separate good shilled coins from shitty shilled coins. It will probably go under ICO like Blackmoon since everyone is looking for quick gains. Maybe the guys that got in on the first day will make a little money.

If you want a real up and coming gambling token check out Etherflip. Instead of taking millions in an ico they actually have a working gambling smart contract with new features being added all the time. Their take at an ico is giving you Eth when you win and FLIP when you lose. Also, FLIP will pay dividends unlike this project.

Managed to get 100 eth in some time ago. might get more

>If you want a real up and coming gambling token check out the coin i bought

first, Tokens that pay dividends still appreciate in value primarily due to speculation. One of the only projects that has paid out dividends, Etheroll, has a market cap of over $25M million, but produced only $300K of dividends in its first payout period, 7 months after the token was created. This isn’t intended to undermine their success, but rather demonstrate that the value of a token is driven more by speculation than by realized dividends.

second, It is technically complex to pay out dividends. Token holders must have their own private keys during the dividend period, and must execute the dividend smart contract during this period in order to receive anything. It’s much more favorable to have the value of a token be derived from its usage rather than potential dividends.

third, Many projects that use the token-as-credit model still experience large market cap growth and demand for their token. Some examples of this include 0x, Funfair, and Edgeless, but there are likely hundreds of others.

and fourth, having a token that pays out dividends is not sustainable and is technically illegal in many countries in many different ways, even if no one has been prosecuted for it yet

...

>no refutation

fud'ers on suicide watch

>Their take at an ico is giving you Eth when you win and FLIP when you lose

kek

these arguments are decent but the real one is no one will fucking list a dividends token, they're illegal for exchanges to allow US customers to buy, and 500 other t hings

HOW LONG

UNTIL IT SELLS OUT

TELL ME

1-3 days

My instincts tell me this is a good investment and my instincts are never wrong.

Gonna drop 20eth on this

seems like it will close soon, good luck

discord is cozy if you do join

confirm that, guys there seem based
It's a pretty safe thing, just don't expect gains overnight. This will most likely take some time

my instinct tells me this is another wagerr

i mean, you guys play dice on a regular basis? you know only chinks play dice...

i have before. plenty of dice shit is doing great (etheroll - $25M, 20 times that of Ethbet), satoshidice, primedice, etc

>tfw I now own 0.27% of the ethbet supply

based. very little can go wrong as long as you hold into q1 18'

really exited for this boys, it has a whole lot more reason to moon than any of the other gambling shitcoins that have

etherscan.io/tx/0xb6f6f05c4b1a1f42fb02318bdb65f79b0b492362a4259e578d75d4fef3dac6fb

thats not 20

my blockfolio was a bit out of sync with my actual wallet value

>not buying on the first day
Why the fuck would you drop ~20ETH NOW?!?!

Maybe he dropped 20 more?

i fucking hate etherdelta hopefully they list on other exchanges.

Shouldn't be too hard getting on exchanges that aren't Bittrex since no dividends.

he said more exchanges will be added but not bittrex yea

>some people are FUD'ing saying it doesnt offer 'dividends' but in the actual matter only a single coin has ONCE given dividends of about 600k to their token holders
You're saying that only one coin in the history of crypto has given dividends???

I don't think Ethbet is a bad pick, I just think BitDice is better buy.
>The old money is in Bitcoin, not Ether
>BitDice already has a working website (product)
>Bitcoin is more reconized globally rather than Etherum, if someone is just going to gamble just to gamble, it's going to be using BTC.

Yes but the beauty of ethereum is that the entire code of the gambling contract is on the blockchain so it's impossible for anybody to tamper wih the outcomes.

Bitcoin dice sites do not have that. Its possible and probable that all bitcoin casinos have backdoors that allow the owner to change results.

Cheers, thank you.
I'm buying both. uwu

Buy etheroll too. Its way out in front in ethereum gambling

Suprised it has such a low market cap considering it's the 5th largest user of gas on the network.

im not surprised considered it's an illegal security and exchanges wont list it or the US will fuck them up

tfw no one ever gets the reference you're making OP

This. Also, theres like 2 people working on the project. They wont tell you who they are because apparently they dont like their faces on the internet.

I know its appealing with the market cap, but thats literally how they're drawing you in to scam you. I seriously hope im wrong and people more retarded than Veeky Forumsbros make this moon so you all make some money.

Its always risky with crypto and any ICO but this one has red flags all over. Good luck bros

ZZtop. i get it

it doesnt have red flags all over, it has like 2 max.

they're already working on it and talking with users in the discord

lol you mong. how many red flags does it take for you to give your money to someone?

at least 20

blackmoon went under ico cause price was too high

i think ethbet tokens are going for 0.1 or so. not a lot of room to mess up.

almost all crypto gambling projects have anonymous teams because regulations could really fuck them over

Yeah but everything is on etherdelta these days AND it is much safer than a normal exchange.

I'm pretty sure the whole envisioning of tokens was to pay out dividends but US laws make people skirt around it with a bunch of stupid uses

confidently shilled my man

it's an extremely dank token. but the devs are based in panama and the plan is to have it run as an autonomous DAO. so it will be a permanent feature of ethereum kind of like owning a goose that lays golden ETH

okay. exchanges don't care where the devs are. the won't list a token that is an unregistered security becuase then if they allow US people to purchase it from their exchange they're violating SEC regulations which will get them shut down no matter where they are

kek. True Veeky Forumstard. Good luck bro, hope you make some gains

>almost all crypto gambling projects have anonymous teams because regulations could really fuck them over
didnt know this. I still think its sketch as fuck to give my money without any notion of who im giving it to....Even though people who put their face out there could scam you just as easily.

Are all these gambling projects just gonna operate illegaly?

>didnt know this. I still think its sketch as fuck to give my money without any notion of who im giving it to
you're right, i think most of us (not all) realize the risk, and that's why it's greater reward too. Veeky Forums loves to bet on shit.
>Are all these gambling projects just gonna operate illegaly?
even if they get licenses and shit blockchain gambling is weird becuase for example, you cant do the things you normally can, like you cant block US residents from executing your smart contract, or do KYC, or anything.

so depending on what they're doing it might be impossible to, reasonably, do it legall, but there isnt any legal precedence in this area so just to be safer it's easier if theyre anonymous

Gotcha, thanks. Thats unfortunate though; the burden of blocking US costumers shouldnt fall on the company; If the government is gonna go after anyone in that scenario, it should be its citizens breaking its laws.

Thanks for clarifying famalam

yea, the US controls a fuckton of stuff. sometimes it's nice but most of the time probably not and they just kind of do whatever they want to

im scared of regulations ruining what we already have even though it's already worse than Ethereum was supposed to be, since anything like a DAO is basically illegal in US, along with 500 other problems

less than 9% left
buy now or fomo hits you any sooner
and we will laugh at you so hard

sounds like it's going slow desu senpai

This is so stealth mode
No real advertising nor marketing
Only Veeky Forums knows from this.
ez money

they did a lot of advertising i think just not compared to shit like LINK