The site shows players an encrypted random value before the players submits his own value and decides how much to wager. Popular Spend mBit Casino. Hufflepuff quickly primedice a new value and won an additional 2k bitcoin. The Primedice game is quite interesting and bitcoin to follow. I value need primedice man: Download bitcoin for free!
Value the past two years Bitcoin has done many things as we primedice know, what were your most exciting moments. The script automatically calculates only positive rates protocols! This is how bitcoin dice sites work, in a nutshell. Do you convert it to fiat? Primedice Bitcoin Gambling - Reviews and Bitcoin PrimeDice is a provably fair dice betting game that allows user to bet with Bitcoin value verify bitcoin fairness of their results on the blockchain.
Login or create your forum account using social media! I'm Edward Miroslav, Founder of Primedice. Forum rules The more people that are involved, the more interesting this AMA series will be for everyone. Please help spread the word of this amazing AMA series on your own social media. I first found out about Bitcoin in after reading an article about Satoshidice, the former 1 Bitcoin gambling site at the time.
As somebody who was trying to break into the gambling industry this spiked my attention and I was astounded by how useful Bitcoin could be for online gambling. I was instantly immersed into the world of Bitcoin and started my first Bitcoin related project, Primedice, alongside Stunna He will also possibly be answering questions in this thread. Primedice was released May and aimed to create the simplest and easiest way to gamble on the internet - And that's exactly what we did.
We've always prided ourselves on simplicity and convenience. Gambling has always been a touchy subject in the Bitcoin scene but it's also the leading industry that Bitcoin is used for.
More Bitcoin is spent on gambling than anything else. This is a definite sign that gambling is healthy for the Bitcoin ecosystem. Feel free to argue that point though! Anyway enough introduction, ask my anything you want ranging from the legal landscape of Bitcoin gambling to simple stuff such as game mechanics.
I'll answer what I can to the best of my ability! By what metric do you consider primedice to be the largest gambling site? Why do you think sites like Satoshidice and Justdice lost favor?
Why is the crux of bitcoin gambling still silly "dice games"? I'm still waiting for a decent bitcoin poker room. Hi Edward, Do your engineers have Poker in the pipeline? Based on the growing bridges from Fiat to Bitcoin, I believe this is a billion dollar opportunity.
If you're seriously exploring this opportunity, I can join your team to setup a decent poker arena within a year. Testing, securing and launching for real Bitcoins within two years. Keep it fair and clean. Last edited by Edward on Wed Nov 11, Hi Edward, This may be a bit private but what does Primedice do with its earnings?
Do you leave it all there in case someone wins big, or do you invest it in other projects and personal spending? Do you convert it to fiat? Do you and Stunna consider yourselves rich? Or is there a way where ordinary people can purchase small amounts of stake in the company? Power To The People Which digital currency litecoin,dogecoin, peercoin etc do you think will be the biggest competitor to bitcoin in 5 years.
In the past two years Bitcoin has done many things as we all know, what were your most exciting moments. What are your next projects or what projects are you interested in related to cryptocurrency, or in general. In 5 years where do you see PD, Bitcoin and 2. If you had to name a price where you would sell your Bitcoin holdings besides living expenses where would you set it and what percentage of holdings would you keep lets say near perpetually.
Feel free to skip these ones How much has Primedice made in two years and does it get tiring hanging out at a beach resort etc. Since Stunna posted on talk that they will also answering questions here picks one out for ya.
How old is Stunna really and I should probably know this but is Stunna a boy or a girl. Actually there is a very good reason for Bitcoin-backed banks to exist, issuing their own digital cash currency, redeemable for bitcoins. Bitcoin itself cannot scale to have every single financial transaction in the world be broadcast to everyone and included in the block chain.
There needs to be a secondary level of payment systems which is lighter weight and more efficient. Likewise, the time needed for Bitcoin transactions to finalize will be impractical for medium to large value purchases. Bitcoin backed banks will solve these problems. They can work like banks did before nationalization of currency. Different banks can have different policies, some more aggressive, some more conservative.
Interest rates may vary. Cash from some banks may trade at a discount to that from others. George Selgin has worked out the theory of competitive free banking in detail, and he argues that such a system would be stable, inflation resistant and self-regulating. I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash.
Most Bitcoin transactions will occur between banks, to settle net transfers. Bitcoin transactions by private individuals will be as rare as Hi, First of all thanks for running a great gambling site. I agree using bitcoin for gambling simply makes sense.
In my impression most bitcoin communities reddit, bitcointalk, bitcoin. However, Russia and China seem to be more independent and have their own communities in their own language. Once Stunna said So I am wondering about China..
It's common to say " Bitcoin is big in China " and " Chinese people love to gamble ". Do you guys try to target them too? If so, did you have any success with that? Some people seem to think it's easy to start and operate a bitcoin gambling website, but obviously it can be difficult. What things do you think people mostly underestimate at starting and operating a site like that? At the time of writing this article this site shows, its members have won Signing up is quite easy.
Click here to join. As you go to the website, you need to put your username and tick the box mentioning you are not a robot, above 18 years old and you are agreed to their terms and conditions. As you enter your username, it will take you to the page mentioned below. Now you are on the dashboard of your official account.
If you want to secure your account, it is recommended to complete the two-factor authentication. The Primedice game is quite interesting and easy to follow.
Here you need to set the bet amount, set the payout according to your requirement and click the roll dice button. As you click on the roll dice button, you will be able to see your result in the bet list given below the game. Primedice comes with amazing features. To make site highly responsive, Primedice has incorporated live chat option where you can chat with the members playing online.
Primedice also includes automatic betting option by which you can select the number of rolls as you prefer and increase the bet by a specific amount. Primedice also houses the hotkeys feature which is off by default. You can make it enable if you prefer to ON these hotkeys. Similarly, you can turn animations and sounds on and off as you prefer.
You can earn with Primedice by using its faucet option. You can get minor percentage of Bitcoins by clicking on the faucet option on the top of the page. One point that is worth mentioning, Primedice rewards you Satoshi after every three minutes even if your account balance is zero. However, the amount of Satoshi given to the member increases as the level of the playing member increases. You can achieve specific level by gaining minimum threshold of experience required for each level.
Balance in your account must be zero to claim faucet. The maximum payout for this site is 30 BTC per individual bet. You can join affiliate program by which you can earn with Primedice for every referral who logs in through your referral link. If you want your deposits to get credited, you need at least one confirmation. However, withdrawals can only be done as long as there are no unconfirmed deposits in your account.
The Primedice API provides low-level access to functions available on the website. Authentication is done by adding a paramter to the url. Here is an example of an authenticated URL query:wearebeachhouse.com? api_key. Multi-factor login required. 11 Nov If you had to name a price where you would sell your Bitcoin holdings besides living expenses where would you set it and what percentage of holdings would you keep lets say near perpetually. Feel free to skip these ones. How much has Primedice made in two years and does it get tiring hanging out at a. wearebeachhouse.com - Bitcoin Gambling for Earning - YouTube. Primedice is the Global Most popular & trusted bitcoin gambling site. They offer instant deposits and withdrawals, alongside the highest paying Auto Betting Primedice 95% WIN in 15 minutes (BTC Dice Game Site: wearebeachhouse.com bitcoin adress.