wilbur Posted February 22, 2019 #1 Posted February 22, 2019 Stake has becoming more popular day by day, thanks to the endorsers and the non stop advertisement and promotion here and on btt, more players are coming, If ever stake decided to open an investment option do you want to invest or still going to play?
bicoinman Posted February 22, 2019 #2 Posted February 22, 2019 6 minutes ago, wilbur said: Stake has becoming more popular day by day, thanks to the endorsers and the non stop advertisement and promotion here and on btt, more players are coming, If ever stake decided to open an investment option do you want to invest or still going to play? I would choose to invest for a return .... and the game to bet with this return the ..but say that we replace the games by the investment, I do not agree Cheers...!
polor12 Posted February 22, 2019 #3 Posted February 22, 2019 depending on how much the return percentage..I think i've invested plenty...in a way.. if you see my stats have more reds (invested) then greens (returns/profits)
irawk0 Posted February 22, 2019 #4 Posted February 22, 2019 First of all I don't think Stake wants to even offer an investment option. It's a casino not a bank/investment group, and if people can make say 10% with investment on here why would they gamble? It'd defeat the purpose. Second of all it's very very risky in the area of crypto investment due to its volatility and I strongly suggest investing yourself, if at all. 99% of all new altcoins become worthless in a year and honestly I prefer my bank's mutual funds/TFSA. It doesn't help that there are so many "investment scams" out there as well. Third, if you want to consider something like banks paying interest on money, there are already at least two other topics made here regarding that:
skillex Posted February 22, 2019 #5 Posted February 22, 2019 4 minutes ago, polor12 said: depending on how much the return percentage..I think i've invested plenty...in a way.. if you see my stats have more reds (invested) then greens (returns/profits) Same. It depends on their offered ROI If its really good then i'll prefer investing than playing.
wilbur Posted February 22, 2019 Author #6 Posted February 22, 2019 5 minutes ago, bicoinman said: I would choose to invest for a return .... and the game to bet with this return the ..but say that we replace the games by the investment, I do not agree Cheers...! I do not mean replace but to add investment as an option. 6 minutes ago, polor12 said: depending on how much the return percentage..I think i've invested plenty...in a way.. if you see my stats have more reds (invested) then greens (returns/profits) Yeah ofc we should pick what game, how many days will the investment lasts
wry Posted February 22, 2019 #7 Posted February 22, 2019 This has been discussed since the early days of Primedice. Stunna was adamant that he did not want investors. Clearly he (and Eddie) have plenty of coins and can finance the bankroll on their own. Obviously, it has worked out well. They take all the risk and reap the considerable rewards. Personally I think that may be a reason why the site can be so generous, they do not have to give a cut to investors. There are sites that do investment, but one important thing to keep in mind as an investor is that the site can easily cheat you. There is provably fair for players, but there can be no such safeguard for investors, so invest with caution.
wilbur Posted February 22, 2019 Author #8 Posted February 22, 2019 48 minutes ago, wry said: This has been discussed since the early days of Primedice. Stunna was adamant that he did not want investors. Clearly he (and Eddie) have plenty of coins and can finance the bankroll on their own. Obviously, it has worked out well. They take all the risk and reap the considerable rewards. Personally I think that may be a reason why the site can be so generous, they do not have to give a cut to investors. There are sites that do investment, but one important thing to keep in mind as an investor is that the site can easily cheat you. There is provably fair for players, but there can be no such safeguard for investors, so invest with caution. I guess they will not open third party investors amma right? Relating from PD who is there since the very beginning of gambling sites. Im starting to think that third party investor option is never been an option to them.
wry Posted February 22, 2019 #9 Posted February 22, 2019 10 minutes ago, wilbur said: I guess they will not open third party investors amma right? Relating from PD who is there since the very beginning of gambling sites. Im starting to think that third party investor option is never been an option to them. Let me put it this way, if they opened up third party investment it would signal that something very significant changed behind the scenes, e.g. company was sold. I know it has been mentioned for years and Stunna always opposed strongly. He even comments on it from time to time, "this is an advantage of the site not having investors." Of course it has investors, just not investments that are open to anyone like a few other sites.
ceastem Posted February 22, 2019 #10 Posted February 22, 2019 I have seen this type on a different onlline casino efore but i forgot the name. Anyways this was how it works. I don't know if it is the same as @wilbur is saying but here it goes. Investors "invest" a certain amount. for example, the site has X full bitcoins of capital due to investors. If you own X/2 bitcoins from it, then the profit for the whole month from that said casino can be viewed from a certain link and shared to all investors with regards to the percentage of how much they invested. so if the site managed to earn 50 bitcoins this month, and since you invested for the 50% of the total capital, you will be shared a hefty amount of 25 full bitcoins for the month. It is different to the "interest" that @irawk0 is talking about since with that, it only means you have to hold money to your account and earn few cents of coins daily, or even annually. Again i might be wrong here on some points, so input is appreciated.
FotisNt Posted February 22, 2019 #11 Posted February 22, 2019 I would definitely invest in Stake while more and more people comming up.
skillex Posted February 23, 2019 #12 Posted February 23, 2019 2 hours ago, wry said: This has been discussed since the early days of Primedice. Stunna was adamant that he did not want investors. Clearly he (and Eddie) have plenty of coins and can finance the bankroll on their own. Obviously, it has worked out well. They take all the risk and reap the considerable rewards. Personally I think that may be a reason why the site can be so generous, they do not have to give a cut to investors. There are sites that do investment, but one important thing to keep in mind as an investor is that the site can easily cheat you. There is provably fair for players, but there can be no such safeguard for investors, so invest with caution. And that explains it. Investment sites really are difficult to manage sometimes especially on crypto type of investments since its really volatile and I think the site will at least require more manpower to every hour monitoring of price movement and adjust the fees for every investments the investors are buying. And theres a great risk of site being bankrupt for lack of funds anymore to pay the investors. This is why maybe Edward and Stunna doesnt want to build investment site so they prefer Casino.
KiXxnTRiXx Posted February 23, 2019 #13 Posted February 23, 2019 depends on where the investment will go, or how it would be invested.. but in general, sure why not.. were already investing alot already by busting everyday! haha,, would be better to invest it in a way where one would actually make money in return xD.. but not sure if it would happen, i think this has been talked about before?.. or perhaps it will and its just being throughly thought about before introducing it.. im pretty certain alot of players now would invest.. xD
KharmaBetz Posted February 23, 2019 #14 Posted February 23, 2019 There is a dice site that does this, you invest x BTC and you can invest on leverage too. The amount of your investment decides how much of a percentage of the bankroll you get a claim in. For simplicity let's pretend there are no other investments except my examples being open or closed here.. if the site's bankroll is 90 BTC and I invest 10 BTC at that time, I bring the bankroll up to 100 BTC and due to investing 10% of the bankroll (10/100=10), my share equals 10%. If players lose money by the end of the week and bankroll grows to 150 BTC, if I decide to divest at that point I take my 10% share, so my 10 BTC turned into 15 BTC which gives me a 5 BTC profit. Generally, the site will then shave off a certain percentage for a commission taxed on the profits (so a percentage of my 5 BTC profit), so I take home a little less than 15 but more than my original investment. Investing with leverage is a whole different ball-game I'm not going to get into, as well your total share can change based on any other investments that open or close while yours is still open... but hopefully I've explained a little (in the simplest terms) about how I've seen it done elsewhere, as a couple micro casinos, all approach it slightly different especially where commissions are concerned and I've seen only one place offer leverage.To answer your question, I would rather invest on PD and play on Stake - I get bored of single-game dice sites so investing would be a way for me to still participate and 'gamble' there, whereas I have a lot more fun gambling on Stake.
Paecga129 Posted February 23, 2019 #15 Posted February 23, 2019 I probably would not because I am quite poor but I think it would be a nice addition to the site.
Kate Posted February 23, 2019 #16 Posted February 23, 2019 I would but on some conditions like I would be a debenture rather than a share holder of the company so I gain profits only and less loses 😛
FotisNt Posted February 23, 2019 #17 Posted February 23, 2019 You can actually invest by hodling, which means having stake as a wallet, I've actually done that in the past but bitcoin dissapointed me.:D So I guess no more investments even on stake's platform lol.
bensinx12 Posted March 3, 2019 #18 Posted March 3, 2019 Yes i would like to invest in stake if given a chance. Just make sure it has a high return lol
bicoinman Posted March 3, 2019 #19 Posted March 3, 2019 7 minutes ago, bensinx12 said: Yes i would like to invest in stake if given a chance. Just make sure it has a high return lol effectively !! if the return is not high how can one invest then here whereas other legitimate sites propose and better ...? so I agree with you good idea man
peonminer Posted March 3, 2019 #20 Posted March 3, 2019 I do miss the days when you could loan out coin on poloniex... I wonder if stake would ever offer an option like that? Maybe you would have to put up 120% of an alt coin and could get a loan in btc? Seems lucrative because stake would keep the collateral upon default. I guess that is different than paying interest on balances in the casino. I don't think they would do that when they already have so many customers that have no problem depositing coin and leaving it in I believe. I have a few small balances of alts in there that I don't mind leaving in and playing around with.
jualid Posted March 3, 2019 #21 Posted March 3, 2019 Yes i would invest my money/coins into stake, i still going to play too though. So become both investor and player
Eugene265 Posted March 3, 2019 #22 Posted March 3, 2019 I think yeah, its good choice if u are not gambling. Good way to make some extra money. I trust to stake so yeah,sure.
Furlicious Posted March 5, 2019 #23 Posted March 5, 2019 Oh yes for sure! It's as good as an early retirement plan!🤑 Hopefully one day I can have a share of Stake. Hehe
yololife222 Posted March 5, 2019 #24 Posted March 5, 2019 well im like 75% i will invest but if i get good replys that it works otherwise i will withdraw :d
KinAniK Posted March 5, 2019 #25 Posted March 5, 2019 On 2/23/2019 at 4:28 AM, irawk0 said: First of all I don't think Stake wants to even offer an investment option. It's a casino not a bank/investment group, and if people can make say 10% with investment on here why would they gamble? It'd defeat the purpose. Second of all it's very very risky in the area of crypto investment due to its volatility and I strongly suggest investing yourself, if at all. 99% of all new altcoins become worthless in a year and honestly I prefer my bank's mutual funds/TFSA. It doesn't help that there are so many "investment scams" out there as well. Third, if you want to consider something like banks paying interest on money, there are already at least two other topics made here regarding that: But lots of online casinos has an investment option tho and there you can get a good profit from them
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