ethbet.io - "The Ethbet Token has been reworked and wil

>>3379932
Dead

I think this is so they won't be harassed by the SEC and will be able to get on larger exchange, such as bittrex, without a problem.

It still gives value to the coin because it will be required to pay a small fee for every bet placed on the platform.

The dividend way etheroll does it sounds nice, but there is a reason they are stuck at a $30 million market cap. No exchanges want them because of the fact THEY offer dividend.

I think this is a good compromise and shows the competence of the dev. Will be putting even more into this.

inb4 shill... refute everything I said with facts then, faggot

>>3379932
Sounds useless now.

File: 1500299085238-b.jpg (144KB, 682x600px) Image search: [Google]

144KB, 682x600px

>>3379932
>laughs in xrl

This rework attempt will end badly. You just don't change the use case of a coin or the goals of a dev team and expect to get away with it.

>>3380009
Still 10 days left till ICO

>>3379962
>but there is a reason they are stuck at a $30 million market cap. No exchanges want them because of the fact THEY offer dividend.
>he thinks dice isn't undervalued
>he thinks there aren't coins that offer dividends on big exchanges

the reason it's particularly bad for dice is because it's incentivized to keep your coins in a wallet, rather than on the exchange so they have little reason to bother with it right now

>>3379962
Etheroll DICE is the most undervalued coin in crypto right now. Crypto Beak talks about it in his last vid.

https://www.youtube.com/watch?v=rgc8aPq1gOY

Hahahahahah

No thanks fucking rekt everyone who has already contributed

>Investing in this shit instead of FUN

>>3380319
Lol crypto beak also talks about fun

>>3380257
Isn't that still a problem for growth tho?

Looks like dev just posted addressing the issue:

https://medium.com/@ethbet/changes-to-the-ethbet-token-model-e4eef4923b91

Good, now I dont have to hold money ready for another 10 days and can invest it into something else right now... .

>>3380292
looks like no one bought it yet, their post says that's why they made this change now

>>3380319
R u invested in bitdice

their post is actually a good example of why this is a good thing, and the only reason why it would be bad is becuase of uninformed investors

>>3380693
Yup..
Also on the blog post:

"We are investigating clever token-usage mechanisms that encourage the value of the token to appreciate. Even without these mechanics, credit-based tokens have historically performed comparable to dividend-based tokens. For example, instead of Ethbet’s profits being distributed to token holders as a dividend, we can have a buy-back feature, consisting of an Ethbet smart contract that offers to buy EBET at a high price with any profits in ETH that it has acquired. It may also be possible for token holders to vote on a burn rate of this EBET, causing the token supply to become deflationary."

>>3380759
so do i buy this now or not?

help /biz/

>>3380759
Desperation. In other words "Buy it and lets hope, that there will some suckers, that will be willing to buy it for more. Because otherwise there is 0% interest what price of this token is. If it will be 1$ people will be betting 1coin, if it will be 0.1$ people will be betting 10 coins. Value of token means in this system nothing".

>>3380864

token will still increase in value due to buybacks, so yes.

>>3381397
how many should I buy? i only have 2 eth