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An Idea with the Vault.


Kate

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Posted

So Stake Developers have added many features to our beloved Stake.com like Bets Archive and another feature called the Vault where you can store your Bitcoins, Litecoin, Dogecoin, Ethereum so its in safe keeping when a hacker gets into your account. To withdraw from the vault you need the 2fa password and also the email confirmation. It is a useful feature if a person having lot of bitcoins goes on a vacation and doesn't open up the site for a long time. I had an Idea from this so that we can save some sats and keep.

My idea is : Deposit all your balance into the vault at first and then if your an everyday gambler then set a limit to gamble like maybe 0.001 BTC or maybe 0.0005 BTC and then since all your money is in the Vault then you just withdraw either 0.001 BTC or 0.0005 BTC so that you can only now play with that much Satoshi's and not more and then try your best not to even think you have more money in the vault.

So that way you can save some Satoshi's for the next day too and you don't need to gamble and bust your whole balance making you sad and desperate for more BTC.

So it basically means like making the Vault into a Bank or a safe so that you bust your balance not all at once but everyday basis.

What are your thoughts on this ? 

Posted
10 minutes ago, Kate said:

So Stake Developers have added many features to our beloved Stake.com like Bets Archive and another feature called the Vault where you can store your Bitcoins, Litecoin, Dogecoin, Ethereum so its in safe keeping when a hacker gets into your account. To withdraw from the vault you need the 2fa password and also the email confirmation. It is a useful feature if a person having lot of bitcoins goes on a vacation and doesn't open up the site for a long time. I had an Idea from this so that we can save some sats and keep.

My idea is : Deposit all your balance into the vault at first and then if your an everyday gambler then set a limit to gamble like maybe 0.001 BTC or maybe 0.0005 BTC and then since all your money is in the Vault then you just withdraw either 0.001 BTC or 0.0005 BTC so that you can only now play with that much Satoshi's and not more and then try your best not to even think you have more money in the vault.

So that way you can save some Satoshi's for the next day too and you don't need to gamble and bust your whole balance making you sad and desperate for more BTC.

So it basically means like making the Vault into a Bank or a safe so that you bust your balance not all at once but everyday basis.

What are your thoughts on this ? 

So you choose the limit? What stops you from changing the limit again so you can withdraw more?

I like the idea though. I was trying to think of something similar to suggest. I have a hard time holding sats and the only time I used the vault, i took it back out in thirty minutes. 

  • Moderator
Posted

I was creating same topic about Stake Vault, my idea was giving vault a lock for xx days. 

Your idea was great enough to make a limit than lock the vault.

If Stake implement that vault limit, we wouldn't bust many balance.

Posted

Yeah! Totally that was a great idea, since my hobby is busting. i think i need to do exactly keep my money safe in Vault

Putting a limit every single, whenever i bust ill stop that day and continue another day

why i never thinking of that lol, thanks kate xD 

 

Posted

I'd be against it if it can't be disabled. I wouldn't like to wait a day or even more to withdraw from Vault. You can limit yourself too, there's no need for a feature to do so. If you can't then there surely is a problem and should reach a psychiater to help you with the gambling addiction.

Posted

If there is a percentage limit for daily withdraw, I don't think people will use it lol (they'll go back to alt banks). A vault should not be restricting, that part is all up to the player really.

I do have a unique idea though, e.g. if you keep money in the vault there is a daily interest bonus, or even monthly interest bonus. This will encourage players to save, kind of like a savings bank account.

Posted
8 minutes ago, irawk0 said:

 

I do have a unique idea though, e.g. if you keep money in the vault there is a daily interest bonus, or even monthly interest bonus. This will encourage players to save, kind of like a savings bank account.

A good idea maybe they could implement this just like how the freebitco.in site did and for 100,000 satoshi you gain 100 satoshi's so I guess that's not a biggie for Stake. But Stake wants everyone to gamble that's what the site is for not bonus's so I don't think they would implement this.

Posted
42 minutes ago, Kate said:

A good idea maybe they could implement this just like how the freebitco.in site did and for 100,000 satoshi you gain 100 satoshi's so I guess that's not a biggie for Stake. But Stake wants everyone to gamble that's what the site is for not bonus's so I don't think they would implement this.

True, I'm thankful Stake actually implemented vault, since it deters people from gambling which is what Stake wants everyone to do lol

Posted

trying your best is not the same as being forced to, 

some of us need to be forced... we cannot control ourselves, check out this

 

image.pngsry i accidentally added pic cant take it off now lol

Posted
5 hours ago, Shaniqua said:

 

 

 

Yea that is a good idea but as i mentioned people would sometimes need some funds in emergency cases and if it can't be withdrawn for x number of hours then that would be a hassle and people will open up many support tickets and that will create a headache for the support team. 

4 hours ago, GamesOver said:

This is great idea, I will try your way, it will save me and not lose all

Welcome but to do this you should have a lot and by lot i mean a lot lot of patience and self control so you don't withdraw more than the set goal. 

  • 9 months later...
Posted

You know, most state run gambling companies have a user made limit for how much one can stake per day/week/month. I guess this is in the style that OP is thinking. And to those who asks "what keeps you from changing the limit?" the answer is simple: the change will be valid from the first monday (or any other set day) after...

Posted

good idea. Vault is very useful for storing all our balance when we do not come to the site for a long time, and it makes us feel safe. have no doubts about losing balance. and to discuss playing with some of our balance in vault, I disagree, I better play it all. It doesn't mean I play with big bets, but I need a big balance with a small bet

Posted

Yeah, it would be a good addition, to lock it for a certain period of time so you cannot take it out and bust everything from the vault, I would love to see it in stake, because it would help gamblers either decrease or cure their addiction if they put everything in their vaults.

Posted
On 11/23/2018 at 5:48 PM, blurrijs said:

Why would this be needed though, it's only for people who are really addicted to gambling, or some highrollers, not the normal people in stake

I totally agree with what you are saying here. It is like the people who ask a casino to lock their account.

If you don’t have the mental capacity to control your bets, just don’t gamble at all then. We shouldn’t expect a casino to baby sit us and not want us to withdraw money from our vault.

I think that if you don’t have the will power to say to yourself that “I will only withdraw a certain amount from the vault”, you just shouldn’t gamble.

Also, people that ask a casino to lock their account just have a lack of will power. What they would be better off doing is going out of their way to not play on the site. This would show a more determined attitude and you would think more highly of yourself in the future.

Posted

Vault lock that can open once a day maybe is a good idea if you want to minimize your gambling limit. And you could choose a certain amount to widraw from vault. So when you bust that widrawal you could not get any money from vault until the next day. That maybe good to control gambling limit. 

Posted
6 minutes ago, brad1278 said:

Vault lock that can open once a day maybe is a good idea if you want to minimize your gambling limit. And you could choose a certain amount to widraw from vault. So when you bust that widrawal you could not get any money from vault until the next day. That maybe good to control gambling limit. 

I like this idea!

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