Obvious shilling thread of course, however, you might want to stay to listen to what I have to say.
Ethbet (EBET) is a betting platform. However, unlike other betting programs, this is peer to peer. To sum it up, there is no house edge which automatically makes it the best betting program.
Here is a list of pros and cons of the ethbet platform and the price it is currently valued at.
PROS:
-Low market cap which means it has a lot of room to grow.
An other ethereum based betting platform called Etheroll has a market cap of $23,572,083. Ethbet currently has a market cap of $504,433. Keep in mind that Etheroll is not peer to peer and has a house edge, which makes it less of a fair program, which could possibly mean the market cap of Ethbet will be even higher then that of Etheroll. If all goes well we might look at at least an x50 ((23,572,083/504,433=46.7)+better program).
-Active community
The backbone to any project is a good community willing to support it. If you go to the official Ethbet site and scroll down you will see a plethora of ways to become part of this community. I have found that the discord especially is very active, with even a developer anwsering my questions about the platform.
In this day and age 75% of ICO's are after your money and don't really care about the product. This might also be true for this platform. Either way it does not matter. This is because of how the program works. There is no house edge so the developer does not make any money using the platform. The way he makes money is through the fact he holds a portion of the tokens you need to use to bet on the platform. However, he can only sell his tokens 6 months after the crowdsale ended, so he will have to work te make the tokens be worth more so he can make a decent profit.
-low market cap and EBET prices are really low. a small amount of money can move the price of EBET up a LOT.
The market cap of Ethbet is currently around 500k. Most of the whales that bought into this are holding, which leaves a small amount on exchanges. Currently, only $8.5k will make the price x2.5. Also, if the EBET price will remain low, there is a big chance the whales that bought EBET will buy more to increase the price to protect their investment. Also, the EBET price is currently beneath ICO. Especially if you have small amounts of money I would suggest buying EBET.
-Easy to use platform.
The developers already put an Alpha version of the platform on their site. It seems easy to use and simplistic, which makes it user friendly. The platform is also open source which means there is no shady business going on.
-There is a clear roadmap with a lot a future plans
According to the roadmap (you can find it in the Ethbet whitepaper) the platform will be ready around Q1 2018. However, the developers are making a lot of progress and it might be ready earlier.
There are more pros but I don't feel like writing an entire paragraph. A con might be that it is currently available at only 2 exchanges (hitbtc and etherdelta)
For more information you can go to their site: ethbet.io/
Jackson Jackson
Iron hands here, been accumulating since ico. Pretty comfy developer who is active on discord.
5 dollar a coin easily by q1 2018.
Andrew Martinez
Why did it dump? Did people just get sick and tired of waiting a whopping week after ICO to see results for something literally stated to launch 2018?
Isaiah Jones
Yeah, people are retarded expecting results after 1 week of ICO kek.
Benjamin Evans
Most people are impatient and want quick profit really fast. If they would haver waited a couple of months they would have made a lot of money, however, everyone is expecting x10 in a week from ICO's, and when it did not deliver it dumped. Or something like that.
Gabriel Gomez
EBET token has 1000 holders, but only around 60 people were in the discord at the time of dump. Basically the dev was solely updating on the discord. So the other 940 holders assumed the coin was dead / the dev had left.
Joseph Johnson
I really don't understand why devs don't post updates on reddit. Why limit your audience on purpose?
Luis Diaz
Also the dev is actively trying to get it listed on new exchanges but we need more volume for that to happen.
Aaron Gutierrez
Join the discord and ask him yourself, I didnt mind , just meant i could get more EBET on the cheap
Carson Russell
I'm holding a little EBET. It definitely has potential, and a strong brand name, but I'm just waiting for some news right now. An update before the end of the year would be nice and if things are on track then we should hear something by then. Hoping the dev (or possibly team of devs) is busy working away in the meantime.
Asher Smith
The ICO bubble is over
Asher Stewart
I think the developer said he didnt want to create hype before they had product. Same goes for marketing, which is also said to take place in Q1 2018.
From their whitepaper: Q1 2018; Full Launch, Playerbase building, community growth
Oliver Jenkins
Yeah he said he wasnt going to spend anything on marketing until there was a product.
Nathan Williams
This
Adam Hughes
I bought ICO, sold the first pump, looking to buy back in soon
Jace Hill
I would not wait too long, but either way make sure you buy during November. I heard form sources they are moving quicker then excpected.
Nolan Anderson
Why would i want to invest in a casino that didn't have the house edge? So fucking stupid
Jeremiah Phillips
I trust the dev since he actually seems to give a shit as he actually went through the process of tipping people ETH who could improve their code.
Eli Brooks
Are you braindamaged?
Robert Hughes
BECAUSE it has no house edge.
Mason Torres
I'll buy in along with some of my favorite alts when everybody shits themselves during Segwit 2x and Ethereum crashes to $200 or something. EBET is something I'll park away to look at for Christmas 2018
Cameron Foster
Sounds like a plan, im going to try and do the same
Owen Allen
Someone just bought 10 eth worth, guess accumulating started, better get in while price is still low.
Parker Moore
...
Lucas Roberts
Get ready
Christopher Smith
You are going to get appreciation for it being wide spread and adopted. Not because it gives people a slight amount of money.
Brayden Cooper
Why is Kanye West crying?
Michael Martinez
This is why I love the developers.
Jose Martinez
Imagine if this becomes the standard in etherium gambling. You're looking at a minimum of 10 dollar a coin, its fucking 8 cents now. Easily the best money making out there. God i feel bad for the fags that miss out on this one
Parker Stewart
Price is already rocketing atm. I don't know if it is as a result of this post but this is great either way.
Nolan Martinez
I see, but I bought in at the ICO.
I feel like I've been scammed or something because now the price is just so much lower than the the ICO. It has to go up a ton for me to even break even.
Cameron White
there has been literally below 0.4 ETH of volume on HitBTC since you posted this (not taking into account the one bought 18 sec after your post, that was probably yourself), so no, not due to your post
Isaac Torres
>etherium
Ayden Russell
he probably should've had the product ready before ico
Christopher Hill
wow must be huge bags tellin such a blatant lie
Ian Perry
So because the lack of house edge will make people use it more? That's stupid it makes no difference if more people are playing it if no profit will be made. Next you will want to invest in a grocery store where the food cost the same as they bought it for. Sure it will be cheap and gather customers but no money will be made
