Author Topic: Decentraliced Dice Game is a awsome idea!  (Read 12597 times)

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Offline Empirical1.2

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Just one small side note :

If this gambling thing is build-in BTS wallet and goes viral  , it may hurt the adoption of BitCNY in China . Even lead to the ban of Bitshares in China .


So you better hope it's worth the risks . I'll be contacting lawyers to evaluate it  .


Play is taking a different approach using third party design  .

Well China is the biggest market atm. So yes that would be very important as well as the legal implications in general.
If you want to take the island burn the boats

Offline btswildpig

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Just one small side note :

If this gambling thing is build-in BTS wallet and goes viral  , it may hurt the adoption of BitCNY in China . Even lead to the ban of Bitshares in China .


So you better hope it's worth the risks . I'll be contacting lawyers to evaluate it  .


Play is taking a different approach using third party design  .
« Last Edit: February 01, 2015, 05:26:43 pm by btswildpig »
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Offline Empirical1.2

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I agree with Helikoperben, this is  a terrible idea. This kind of thing is better addressed by Play, putting gambling in BTS will just make us look desperate.

We are desperate; we are closer to the cliff than you realise.

I hate this idea, but sadly a dying person can't pick and choose.
I disagree, I think we're looking better than ever with a product that's finally close to the state it should have been in at launch. If you really think we're about to fall off a cliff, feel free to enlighten us.

There's been lots of positive developments lately like Shapeshift and the arrival of serious Chinese delegates that make me optimistic about the future. The light wallet is another one that will help take us to the next level, we just need to focus on what Bitshares does and optimize the hell out of it, no need to expand the scope of what Bitshares is.

Blockchain based solutions to centralized problems is exactly what BitShares does and adding gambling would be optimising the hell out the Super-DAC's capabilities.

I think you're right that things are coming together quite well in the next month. I think Bitcoin may dive off a cliff it breaks $200 again, so I'm worried about the impact that may have on BTS and I think it's important we make sure we decouple & I think explaining why stable BitAssets solve a lot of their problems is a big part of that.

Looking one to three months ahead, though I like Runes cryptohedge in particular, I'm not sure I see anything that's going to suddenly swing BitAsset adoption other than gambling. If you/anyone have any numbers you want throw into the conversation that point to us being able to drive BitAsset adoption & compete against PLAY/Competitor without gambling that would be very helpful.

« Last Edit: February 01, 2015, 05:04:56 pm by Empirical1.2 »
If you want to take the island burn the boats

Offline joele

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I agree with Helikoperben, this is  a terrible idea. This kind of thing is better addressed by Play, putting gambling in BTS will just make us look desperate.

We are desperate; we are closer to the cliff than you realise.

I hate this idea, but sadly a dying person can't pick and choose.
I disagree, I think we're looking better than ever with a product that's finally close to the state it should have been in at launch. If you really think we're about to fall off a cliff, feel free to enlighten us.

There's been lots of positive developments lately like Shapeshift and the arrival of serious Chinese delegates that make me optimistic about the future. The light wallet is another one that will help take us to the next level, we just need to focus on what Bitshares does and optimize the hell out of it, no need to expand the scope of what Bitshares is.

What about this Chinese delegates? can you give us some info?

Offline svk

I agree with Helikoperben, this is  a terrible idea. This kind of thing is better addressed by Play, putting gambling in BTS will just make us look desperate.

We are desperate; we are closer to the cliff than you realise.

I hate this idea, but sadly a dying person can't pick and choose.
I disagree, I think we're looking better than ever with a product that's finally close to the state it should have been in at launch. If you really think we're about to fall off a cliff, feel free to enlighten us.

There's been lots of positive developments lately like Shapeshift and the arrival of serious Chinese delegates that make me optimistic about the future. The light wallet is another one that will help take us to the next level, we just need to focus on what Bitshares does and optimize the hell out of it, no need to expand the scope of what Bitshares is.
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sumantso

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I agree with Helikoperben, this is  a terrible idea. This kind of thing is better addressed by Play, putting gambling in BTS will just make us look desperate.

We are desperate; we are closer to the cliff than you realise.

I hate this idea, but sadly a dying person can't pick and choose.

Offline bytemaster


Can this be done externally on a website with provably fair methods?

It isn't about probably fair.  It is about trust free. 
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Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline kokojie

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Can this be done externally on a website with provably fair methods?

Offline luckybit

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I agree with Empirical here all around. And I would think the best option would be to make a separate client that's focused solely on gambling. It would probably be too much to combine investing and gambling into the same client. By splitting the two then everyone can be happy and "hardcore serious investors" never have to step foot in the "BTS Casino" if they so wish.

Add-on features could work as well if we don't want to end up with split software fragments.

This kind of thing is better addressed by Play.

Not all of us were AGS/PTS holders, and thus not all of us hold all that big of stake in Play. Hell I'm sure there's plenty of people who bought into BTS after the Play snapshot and therefore have no stake at all. We can't just allow what is essentially a competitor to gobble up one of the most lucrative markets on the planet and be okay with it because "some" of us were lucky enough to have bought in early.

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Offline luckybit

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I just heard the new mumble hangout and it is really funny. It seems everyone is concerned about legal stuff. So if you US goverment is Blockchain technology is branding as illegal you are stoping to use BitShares?

So this said i like the idear in general but i don't get Satoshi Dice at all. What do you do on this kind of site? It looks not fun in my opinion.

I am thinking about this game a lot and it would be great to see something similar in our client.

first: we all like competition, so i want to have a competitive game
second: we all like to win money!
third: i hate to much luck

so i propose this game idea here and would like if bytemaster and co will include it into the client

- The delegates will produce random numbers
- the game will start with a small jackpot of, lets say 10 bitUSD
- if i want to play i have to spend .10 bitUSD or so

- one game will run for 1 day
- in this day all paid fees will add to the jackpot

so the setup of the game is this:

- the delegates produce random numbers
- lets say 84, 11 , 22
- i have to play 10 rounds
- every round i get 2 numbers and one is lost - at the same time i get "+" or "-"  or "/" or "*" from the delegates as well
- my goal is to connect the numbers and the +,-,*,/ in a way in 10 rounds that the end number is as high as possible
- i will get in the highscore and the first 30% of the highscore will get the money

this is only a rough idea, but we could implement games who are not depends on luck only and in most restrictions this is legal.

I think this is too limited.

In my opinion games should accomplish something useful. Why not do "serious games" instead of something useless like dice?

Why not do a prediction market? Why not use conditional rebates? Dice shouldn't be built into the wallet because it has no real utility. Prediction markets and conditional rebates can have utility. Serious games can have utility.

Examples:
https://bitsharestalk.org/index.php?topic=5712.75
http://en.wikipedia.org/wiki/Conditional_Rebate
http://en.wikipedia.org/wiki/Serious_game
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Offline nomoreheroes7

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I agree with Empirical here all around. And I would think the best option would be to make a separate client that's focused solely on gambling. It would probably be too much to combine investing and gambling into the same client. By splitting the two then everyone can be happy and "hardcore serious investors" never have to step foot in the "BTS Casino" if they so wish.

Add-on features could work as well if we don't want to end up with split software fragments.

This kind of thing is better addressed by Play.

Not all of us were AGS/PTS holders, and thus not all of us hold all that big of stake in Play. Hell I'm sure there's plenty of people who bought into BTS after the Play snapshot and therefore have no stake at all. We can't just allow what is essentially a competitor to gobble up one of the most lucrative markets on the planet and be okay with it because "some" of us were lucky enough to have bought in early.
« Last Edit: February 01, 2015, 12:17:04 pm by nomoreheroes7 »

Offline joele

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Agreed that Decentraliced Dice Game is an awesome idea, thus the DACx.com took advantage of PLAY Shares,  mostly Chinese devs so US regulation is not much a concern, plus the PLS coin is fixed to 2 Billion and deflating from usage, freezing and burning.

Offline Empirical1.2

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I agree with Helikoperben, this is  a terrible idea. This kind of thing is better addressed by Play, putting gambling in BTS will just make us look desperate.

There are far better things to focus on, number one being the performance of the full node client.

Getting that performance to a state where PCs with mechanical hard drives can use it would go a long way to increasing adoption. As of right now we have a killer product that's exclusive to people with SSDs, so it's no wonder adoption is lagging.

We also badly need documentation in order for 3rd parties to come in and start expanding the ecosystem.

Adding on a blockchain based solution that solves a problem in one of Bitcoins biggest most profitable industries that does billions of dollars of turnover & accounts for up to 40% of all Bitcoin transactions will not be viewed as desperate to any credible investor. There's nothing that compares to this and the exciting thing is that it doesn't require the third party partnerships that BTS struggles to get.

You casually suggest letting PLAY run with it, but PLAY is already valued at 12.5% of BTS, once they launch it could be close to a 1/4. As our BitAsset growth is anemic, once investors who make decisions based on standard valuation metrics view the volume, CAP and MoM growth rate of a BitAsset on PLAY, even based on the most conservative forecasts, it could rapidly surpass BTS imo.



I prefer sort of an adds-on features, you may select to add and can be removed as well.

 +5% That is an option too.
« Last Edit: February 01, 2015, 11:15:41 am by Empirical1.2 »
If you want to take the island burn the boats

Offline joele

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I prefer sort of an adds-on features, you may select to add and can be removed as well.

Offline svk

I agree with Helikoperben, this is  a terrible idea. This kind of thing is better addressed by Play, putting gambling in BTS will just make us look desperate.

There are far better things to focus on, number one being the performance of the full node client.

Getting that performance to a state where PCs with mechanical hard drives can use it would go a long way to increasing adoption. As of right now we have a killer product that's exclusive to people with SSDs, so it's no wonder adoption is lagging.

We also badly need documentation in order for 3rd parties to come in and start expanding the ecosystem.

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