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RE: Bombarding EPC players with STEEM

in #epicdice2 years ago

Based on the current market price I'm basically getting 1.1% Daily ROI on my 1 Million+ EPC. Thank you for you great work. That's a crazy return compared to any traditional investment on the planet. 2 weeks on EPC can beat yearly returns on an investment fund. That's some real performance. Excellent job!

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That's surreal! We have zero clue about this crazy ROI to be frank. Would be great if you can further elaborate what strategies did you use, we are sure the community would definitely love to learn!

You don't know? I mean, there's no strategy... it's just, buy as much EPC as you can (low liquidity, so you can't buy much, but, you know, what you can), then just hodl, and watch the ~1% on average roll in daily.

We are well aware every system upgrade will impact the token value in a positive way. But we rather focus the development and let user tell us how things work for them. Nice to hear that, simple but definitely still a strategy!

What do you mean by 1% a day? Is this investment advice?

It's certainly not advice, as historical returns do not indicate future behavior, and I'm not a financial advisor. But it's been true so far for me. I spent about 100 steemp acquiring just over a million epc. I have received as daily dividends an average of 1 steem. Some days more, some days nothing.
IF THIS CONTINUES.
which there's no guarantee it will. it will have been 300% ish roi

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300% ROI per year is high but it is a lot less than 1% per day considering compounding. I suspect returns will settledown once more tokens get distributed and some of the heavier gamblers give up. Even with a risk premium for speculating on an unregistered gambling DApp, I still suspect 300% is a bit extreme. Gotta wait more than a month or two of divs before we start speculating on ROI.

Alternatively, the price of tokens goes higher. Certainly it won't always be 300%, but I'm hoping it's because it simply gets more expensive to acquire tokens.

Posted using Partiko Android

Also re: compounding. The math gets more difficult there, because you're paid in steem, which you'd have to send to steem-engine and pay 1% on. Then you'd have to buy EPC, and the price has been going up.

Posted using Partiko Android

It's basically what @improv mentioned. Just buy them on STEEM-Engine. I've also earned lot from playing the game too. So far I'm loving he results. Let's hope STEEM will get a lot more users fast and they will be using the DAPPs a lot :-)

The great part is I got keychain working on android using the kiwi browser, so that's an option for some smart phone players.

Just curious how exactly did you come to this figure? 1.1% daily ROI is a 5322% APR, clearly unsustainable and science fiction for a dice game. Don't mislead potetial investors with such bogus claims. And shame on Epicdice for even responding to such ludicrous claims.

ludicrous claims

Seriously, just do the math before coming with accusations and shaming at me and @epicdice You are only going to make yourself sound salty. You seem to be "educating" people without even taking a proper look at the tokens. If you actually bothered for a minute to see take a look on https://steem-engine.com prices and daily payouts of @epicdice you won't be making these comments.

Another Miscalculation of Yours

1.1% Daily ROI is based on dividends. Don't calculate with compounding interest when talking about STEEM dividends sent to your wallet every day. Either you are not fully aware of how @epicdice work or you are willfully ignoring this.

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