Bitcoin Forum

We have relaunched! Visit us at moneypot.com (http://moneypot.com)


Hi, our team is the winning bidder for MoneyPot. We’re just checking in and saying hi before Ryan hands the torch off! You might be wondering who we are and what our plans for the future are. We hope this announcement can answer these questions and give you peace of mind.


The Team
Matt - Matt has been in the cryptocurrency scene since 2012. He is just re-entering the scene after taking a year off. His friends call him Rango.

Ranlo – Ranlo has been in the cryptospace since early 2013, and has worked with hundreds of people, businesses, and coins in an effort to help take cryptos to the next level. He’s now looking to do the same for MoneyPot and its affiliated websites!

Doge Digital - Beginning with Dogecoin in December 2013, Keeth became quickly fascinated with cryptocurrency and the potential it had for global goods and services. Ever since, he has been transitioning from a previous career involving game theory and human behavior analysis to slowly acquiring Bitcoin-related businesses and projects and applying his skills and efforts to build them for success.

Cyclops – Cyclops has been involved with Bitcoin since 2013. He has been trading on the forum ever since. Cyclops has a passion for physical crypto coins, and is vested in multiple Bitcoin businesses. Cyclops is also a native Spanish speaker.

Rio - A creative force, and a math wizard (yes, he is a wizard). Never challenge Rio to a game of Hold’em. Rio has been involved in Bitcoin for nearly 4 years now.

Alex - Alex is a design guru and is new to cryptocurrencies. He is excited to help build MoneyPot further.

Moving Forward
We have a lot of ideas we want to implement. A lot. Unfortunately, there are only 24 hours in a day, so some of the things we want to do will have to be put aside for now. Here are few of the things in our pipeline:

•   Dedicated forum. Over the next couple weeks, we will be launching a forum dedicated to MoneyPot. Each casino can have their own thread for players to congregate in, without the thread getting buried in the craziness of BitcoinTalk. This is also great for casinos that are not featured on our homepage, as they can get exposure with more players.

•   Alt-coin support. We want to open up MoneyPot to altcoin players, so we’re going to add support for DOGE, LTC, and potentially other coins. If there is a certain coin you would like added, reach out to us!

•   Achievements. Unfortunately, this is further down on our to-do list. We think it would be pretty nifty to make user profiles more personal by creating unlockable achievements.

If you have any suggestions or feature requests, we would love to hear them. Send us an email and we will look into it!

Q/A Session
We will be hosting a Q/A session sometime over the next couple of days.

So far we’ve had the pleasure of speaking with a few casino owners, and we are hoping to speak with every casino operator over the next couple weeks.

Stay tuned for more information!

Hey all! I'm posting to verify the above, :).

After our talks with the new owners and Bet King this transition will prove very positive for the future of all players and casinos alike. Ryan chose very well with this team and based on our observations we are happy to be associated with the entire group. Look forward to a great future for players and we give our blessing on this new team!

I'll leave this quote here because it's fitting :)

Anytime we step out boldly to make changes, we take a chance that we might fail. But the only way to get better is to try.

-Joyce Meyer

To a bright future for players,

Bjorn

Hi,

congratulations  ;-)

Which alts are you considering? I'd suggest monero ;-)
I like playing on monerodice - maybe you can add them too?

Regards, best wishes and good luck

"Ah, this seems good! Looks like they know what they're doing for sure!"


"Oh."

First...what? You're giving away the security side of your operations to an app?

Before I get it when Dean sees this, please don't give me the "over-reaction, he's saying we're the shittiest-site-in-Bitcoin" job, like you've done before. No, you're pretty decent (you have fucked up before, but that's more minor now). But that's not really my point, though.

You've got a bit of a conflict of interest here and it seems like you're just tilting away your security to another firm because they entered a business partnership with you, as if you're the government giving contracts to the lowest bidder. Why the hell are you giving away your security?

Do it yourself. If you can't secure your own new service, why are you buying it!?

it is time to get started after the few weeks of suspense

please don't forget the featured apps issue

good luck to all

Hi

Happy to confirm that I will be partnering with the new Money Pot team and working with them and app owners on bringing the best gambling platform possible for players, operators and investors.

Bet King is currently the most trusted Bitcoin dice site with around 3000 Bitcoin invested and operating for over 2.5 years now.

I'll clear up a few points that may confuse people on why and how this partnership will work.

I have always been looking to take PRC (now BetKing.io) in a Money Pot style direction.
I wasn't made aware of the Money Pot auction until after it had ended and so I contacted Ryan and the new team.

We were both interested in a partnership but I needed to make sure that there was no risk to the existing Bet King investors if we were to work together.

The best solution is that I alone will secure all investor and player funds and also players seeds. This means I will be hosting the Money Pot code/server.

I will then be converting Bet King in to a Money Pot app and then the existing bankroll from Bet King will be able to be used by all Money Pot apps providing them with the largest bankroll and betting limits in the industry.

I will be looking to work with the rest of the team and app owners, existing and new, on any features and improvements they would like as well as more open source games for people to play and app owners to setup on their own sites.

Feel free to ask any questions about concerns or plans for the future of Bet King and Money Pot.

Dean

Seriously?

Like, I'm not taking shots at you yourself here. But it doesn't matter who the person hosting the code/server would be here, whether you, Stunna, theymos, or whoever - I really think that's a stupid thing to do. You buy MoneyPot and the first thing you do is hand off the responsibilities and everything to do with the security to an app?

Which commision system is moneypot gonna use? The reason the old commision system on mp worked because the bankroll was relatively small.
Now the bankroll will be more than 4x the old size. This means that moneypots EV for investors will not be competitive anymore(unless wagered/time period rises significantly)

hi Dean

that sounds really very good. but we hope that all app devs/owners will get an equal treatment and not a preferential treatment like it was handled before. I don't  want to get into any details because it should be history

bitcoin is in our opinion regarded as a truly democratic form of money and so should be the moneypot business idea

good luck

We are most likely going to be working on customisable options for app owners to set how they receive their commission since some sites offer VIP promos based on wagered amounts.

Currently Money Pot apps receive commission as a share of the wagered amount.

BetKing.io takes a share of wagered and weekly profit.

So we want to allow apps to choose if they want only wagered share or if they want half and half like how Bet King works.

I would like to stress though that the top priority is just getting Money Pot up and running on the new server and with the new team and having no unnecessary downtime or issues to the existing sites that use Money Pot. All other planned changes will happen after that.

I'll start posting under the BetKing.io account instead of this one when answering other questions.

Hearty congratulations to Matt, Ranlo, Doge Digital, Cyclops, Rio and Alex :)

Wish you all to take Moneypot one step higher to it's current position and maintain it's dignity as was done by RHavar.

We gamblers welcome aboard and hope to get more traction from Moneypot.

Cheers.

Welcome aboard guys. Everything will continue working as it did before, or there are going to be any changes?

Hi
All app devs/owners will all be able to offer ideas and requests as to features or support tools that they would like to see.

The new forum will be a place for people to discuss things of that nature.

I feel that in order for us to provide the player with the best possible gaming experience that all of us should be trying to work together.
With app owners providing unique sites and promos, devs creating new games, open source contributions and a great support network.

Congratulations to you guys and welcome aboard!
I think the plans to move forward are great and almost can't wait to see them added.

Im interested in these new changes that will be happening as im an app owner on MP. I offer my congrats to Dean for becomming a part of the team but at the same time im a little confused about all this.

Im available via skype(id is in my profile) if any of you wish to reach out to myself or my dev

Hi DiamondCardz,

We appreciate your concerns. We feel that you and the team behind MoneyPot share a common interest in having all aspects of MoneyPot be as secure as possible. We had a lengthy discussion regarding the partnership with BetKing.IO and tried to view it from all possible angles and scenarios before making our final decision. This partnership goes well beyond just an ‘app’ coming to our site. Both players and casinos will benefit from a combined bankroll that greatly exceeds 3,000BTC, which allows us to offer the largest maximum bet size in the entire industry. Additionally, we have spent quite a bit of time talking with Dean, and we share many common goals -- we believe that combined we can achieve them.

The security of these funds (over ~1 Million US Dollars at current rates) is top priority for us and we understood that albeit being a reputable team, the funds would be better suited in the hands of the owner of the longest and largest Bitcoin investment site that it was originally entrusted with. We understand that running MoneyPot will be a tough task, but our team feels up to the challenge and we’re dedicated to making MoneyPot the most secure but enjoyable Bitcoin Gaming site around for years to come.



As Dean said, we are planning on offering casinos multiple choices on how they can receive their income. If an app owner has any questions regarding which option to take, we can gladly advise them regarding the risk/reward of each of the choices.

We believe that this plan will also work out to generate more income for investors. Investors will be able to choose their Kelly risk, and will benefit from the increased volume stemming from Bet King, and whales that can bet amounts far larger than they previously could on other apps in the network.



All app owners will be treated equally! We are creating a forum where every app can have their own thread. In addition, we have a few ideas in mind on how to fix the featured apps location. Right now we are thinking of having a slot system where a few spots are dedicated to the casinos doing the most volume, as well as having a few temporary slots that are not based on volume. If you ever have any concerns or suggestions you can always reach out to us and we will assist you as soon as possible.


We more than welcome all questions, critiques and concerns.  All voices will be heard and we will continually adjust to keep MoneyPot as efficient as possible for all parties involved.

im glad to see ranlo being part of new owners team.
wish you good luck with running moneypot!
regards.
-Katerniko1

Thanks! I'm glad to be part of it, :).

very pleased to hear your opinion and just for info we came up with the idea with the moneypot forum where all app owners can present their apps and also we were asking to get
a fair featured handling for all app owners.
but reading now that the featured rules are already set and it looks not like it will be for all app owners equally and fair handled :(

regarding promos I have to ask if we will get a chance to offer no deposit bonus? until now it was not possible for the app owners

best of luck

Can i ask when can we expect all these changes to take effect? ETA on the new bankroll being implemented? Maybe a new slack group needs to be created for all current MP owners and staffs?

Congrats to the new team of one of the most trusted gambling sites in the business, hope you can get more and more improvements for the site

Congratulations for the team Matt, Ranlo, Doge Digital, Cyclops, Rio and Alex. Hopefully MoneyPot can be better again.

I would say that nothing is set in concrete yet and we are having a lot of discussions and ideas on how to move forward now, in the short term and in the long term.

The featured apps section will probably go through a couple of design phases to see what looks and works the best.

Regarding the no deposit bonus.

We would have no plans to offer a no deposit bonus funded by investors or Money Pot.
App owners are however free to use their own funds, either starting capital or commission from running their app, for any kind of promotion they can imagine.

If what you mean is a feature so that you can offer a no deposit bonus that requires a minimum wager amount before withdrawing but that the app owners still fund then that can be discussed and implemented.

Basically we are open to providing any tools and support needed to help with any promotion ideas you may have.

One thing to note is we will take all feature requests on board but certainly at first, and to answer yahoo62278's question, all these changes will not be made immediately.

Top priority is a smooth transition to the new owners/server with as little disturbance to app owners and players as possible.

Thanks for the support so far.

How about the slack group? or maybe could there be a skype group created?

I knew that there was sale going on for the MoneyPot in the background somewhere but I did not follow it directly. Someone can tell me why original owners of the MP sold their service?
I thought MoneyPot was pretty successful project and this 'sale' is surprising for me.

We can definitely create a Skype group!


Ryan is involved in a couple other projects at the moment (namely BustaBit). He tried to sell BustaBit previously so he could dedicate himself fully to MoneyPot, but the auction ended without a bid, so he decided to sell MoneyPot instead.

This should help you: https://bitcointalk.org/index.php?topic=1249919.0

It seems the new team has good plans to expand and make the site even better. Ranlo been here long time too so this is good. Plus larger bankroll should help the whales.

Yes, all-around, I've been very careful with who I deal with. I didn't take the decision to join the team lightly -- I did it because it was a positive step for me, but also because I have the chance to help turn MP into something much greater than it was in the past. But before we can make any changes going forward, we need to get the launch handled. The plan is to start out by getting things up and running like they were in the beginning, and then work from there. First steps first. And as of now, it looks like we'll be taking over in ~2 weeks!

What does this mean for future game/app developers? What services would you offer to those who are interested in creating new games for MP?

We're going to be making things easier for new app developers, for one: both on the advertising side and development side. Through open-source games, developers will be able to fast-track their way to custom variations. And it will start out with a bankroll of ~3k BTC, so as soon as your site launches, you instantly have the backing of that bankroll behind it, attracting whales and the like. There's a lot of things in the works, and we will be working directly with existing and future app developers to create a smooth, fluid environment for all.

First of all congratulations to you guys. And hope to see you guys run moneypot with honesty :)
Good luck with running moneypot.
As im one of member there i would like to say thank you for taking over. Hopfully will be great services near future.

I appreciate the speedy reply!

I also look forward to working with you guys. I have a couple of game ideas and need some serious moolah to bank.

Always nice to see some new blood that can add some energy.
Hopefully you guys improve MP and are a success. Cheers and
good luck.

Thanks for your support, guys! We will do our best to make you proud, :).

hi

the featured app section is one of the most important implementations that would be needed for all app owners. there will be many app owners who will be interested to be featured and many who not will want to be featured because they opened the apps for their own fun and friends. but those apps who want to be featured should be featured and there should be explicit rules for all and fair for all. here is our posting in full so I don't need to repeat it
https://bitcointalk.org/index.php?topic=1020726.msg13032377#msg13032377

as we are discussing the featured app section could you or someone else of the new group tell us who is doge digital? could it be that it is the owner of sharp dice app? because sharp dice is a featured app that is for about 20 days dead and coining a dice is for about 3 month dead and still in the featured list. that is just a shame because we = all the other app owners who would like to be featured are just left out but they could be in the featured list instead of the dead ones. and it can't be that if we for example would like to have our apps featured will get an answer " let's see some volume first"
where should this volume come from if you have a brand new app? sure from ourselves?
that would be to easy for some app owners who are wagering at their own app and there are a few nice examples for those apps who have a nice wager amount and listed in NLNicos list on top but already dead for a long time.
just was mentioning this because you guys mentioned the option to get the high volume apps featured. volume only would not be a fair method or rule IMHO

we were always using our funds for any promo we did. and to be frank I can't remember that the investors were helping or investing in any promo that app owners were offering as long as we are with moneypot.

and yes I mean a no deposit bonus that requires minimum rollover of xxx and the whole casino industry is offering this for a long time but Ryan did not like the no deposit bonus promos.

it would be good to have something like slack or whatever where app owners can discuss stuff with you guys because here in thread it does not make sense to talk about important
stuff it just will get lost with all congratz postings

sorry for my english

good luck

We're already discussing this internally. Again, we're not in control of MP yet. Again, we are going to work with you all to make things better. You're rushing something that we haven't even begun on yet because we have no control over MP yet. First things first: we get things up and running as they were. Then, and only then, will we start making changes.

Your featured app one is something we've already been discussing. We already have ideas on how to resolve it. But until we're at that point, there's no reason to rush it. Tackle one thing at a time, :).

And who is on the featured list has nothing to do with us. We have no control over that yet. Dead or alive sites, it's irrelevant at this point. That will be resolved once we take over. And all site owners will be in discussions with us, going over how to move forward with some things. No worries. Just give it time.

(About the no-deposit bonuses, we did discuss this today. The consensus was that if individual app owners want to do that, it's on them. We will not personally be facilitating anything of that nature. However, new mechanisms can be added that allow app owners to have their own rollover requirements and the like)

This should be very interesting. AFAIK this is the first deal that is anything close to the acquisition of a business by another business that are both bitcoin related on the forum. In other words, this is the first merger of bitcoin related business.

From an app owner point of view, there is no doubt in my mind that the site as a whole will be successful similar to how prcdice.eu/betking.io was/has been successful. The very large bankroll should attract large players of all types to play at the various MoneyPot apps.

From an bankroll investor/player point of view, the success obviously depends somewhat on luck and the ability to keep the site secured. Although it does appear that prcdice was kept secure for the duration of it's tenure based on it's overall bankroll profit. 

@ranlo

please don't misunderstand my posting. we don't blame you or the new group for all those not solved problems. we also know that it is not an easy task at all or a walk in the park. I just wanted to point to some important tasks that were never taken care in a serious way. and lets put the reasoning aside.

I am sure that all app owners want you guys to succeed and bring moneypot business idea to the top of the top.

good luck

I was looking forward to who wins the auction on the site and i knew ranlo's team was a likely candidate but i never expected the team to be as big as it is. It will be interesting to see what new features you guys bring to MP and how it goes from here, the new bankroll will also be interesting because i fear some things might change there.

Im not 100% sure but you guys will change some of the rules right ? I mean how APP's HE works in general as some of them have a HE of 0.1 and maybe even 0.01 at cases ? Will this mean everyone will be pushed up more towards 1 ? Or are the big investors willing to go against the players on such a small HE ?

Some interesting times ahead.

P.S Graz to you guys.

We have had no talks about changing HE yet.

As for bankroll changes, the only thing we've discussed so far is that we're going to be allowing investors to choose their own risk tolerance (kelly). For example, you can invest 0.2 BTC at 5x kelly and it's as if you invested 1 BTC.

Sounds like you guys are moving up and forward with this project

Can't wait to hear more about it. Would be nice to see some updates on how the developments are going

Wish you guys all the best with MoneyPot.

Im pretty sure theyre planning on showing everyone updates. Give them a chance to actually take control of the site first

So for I have opened account only but never invested anything in moneypot site. But now looks like you guys have few plans to improve service further so I would like to invest some coins in this site. Hope to see your improvements soon.

The xKelly part is understandable and pretty much standard among investing sites i believe. Will you also have something like a x.5 kelly ? Or will they only go up from 1 (P.S if it is too soon development/agreement wise i can fully understand)
HE questions are the ones what are the most interesting to me right now tho.

We haven't discussed the kelly ratios yet. What I can say is that likely (unconfirmed) there will be: 1/4, 1/2, 1, 2, 5, 10x. That's tentative at this point, though.

Good luck to the New Team ,I guess this would be the best platform for the gamblers in the future.
anyways is that alex' from bitdice ?

No. Just shares the same name.

Really nice to hear in which direction it's going.

Wish you all the best of luck

I'm definitely staying tuned for more updates posts

What happens to the 775btc thats already invested on MP? I know ryan is not releasing that but do those investors still continue making profits when you guys take complete control? Or will they have to divest from old MP and reinvest into the new?

Ryan will be setting up a site where you can go to divest and withdraw your balance. No existing funds will be transferred to us.

Investors and players will then need to deposit with us if they wish to continue. So far a lot of the investors are happy with the new ownership and have already agreed to re-invest.

I was on my way on releasing my app under moneypot, but because of the sudden auction, i had to pause it for awhile and see where it goes. Now that its over,i have some few questions:
-will there be any changes once the transfer has begun?
-will it be same API?
-do we have to register an account again and create a new app?
- most app uses socketpot for their chat ( tho my app doesnt), will it still be available?
-is there any change on the commision for the app owners?

Thanks,
uni

Sounds good guys.

I actually withdrew my small investment a few days ago at MP to be sure... but looks like I am still invested in new MP already lol.

Also sounds like Dean got some work to do to change BK (no not Burger King, nor Bangkok, but BetKing :P) into a MP app and transferring the players/investors to MP(?) Or will "new MP" (as in: transferred) open without PRC BK players merged? (which would mean no investments other than first new investors?)

I like the moneypot project, it helps new sites to be trusted easily, and players to transfer deposited bits from you app to another without any fees. Congratulations for your winning bid, and Good luck.

Anyone knows how to restore a MoneyPot account if you haven't set up the recovery email address while registering?

talk to Ryan he will help if he can

Congratulations to the new team!

Hope this project will work out well for you guys

Wish you all the best

Users will NOT need to create a new account after the transfer, you just would need to deposit your coins again if you wish to play/invest. We will launch before BK is fully integrated: that should happen within a few weeks of us taking over MP. Any changes requiring app owners to change their platform will be given a heads up in advance. As far as commission rates, we are planning on offering a variety compensation packages that the app owner can choose from.

Awesome!

This is something for MoneyPot fans to really get excited about. I'm looking forward to following the progress on this.

Good luck guys :)

Thanks for the kind greetings friends.  I'm excited too!

Just to clear the air, since there are so many questions coming in still, I'm going to toss out a tl;dr (though long):

1) Please be patient. We won't have the site in our control for another 1-2 weeks. In the meantime, we're going to work on setting everything up locally so that as soon as the transaction is finished, we can get the new MP up and running!

2) Any existing investors or players with funds on ANY of the MP sites will have their FULL balance transferred to a subdomain under Ryan's control. We, the new MP owners, will have NO access to your funds. If you can trust Ryan now, you can trust him later. You can also withdraw your funds now, if you wish. Essentially, what will happen is those of you that want to return your money to the new MP platform for playing or investing will need to withdraw from Ryan's setup and deposit to ours. You can do that as a direct withdrawal straight from Ryan's->new MP once it's up! Account names will be reserved. Passwords will all be reset. All existing deposit/withdrawal/IP logs will be reset on OUR side but not Ryan's. We are quite literally starting fresh. But if you have a MP account already, you can continue using it later once you reset your password!

3) Many app developers (existing and new) have contacted me with different questions. One of the big changes going forward is that we are going to be having roundtable meetings. What this means is that ALL of you will have access to us. We will field all questions, concerns, ideas, and requests as a large group and work as a whole to make MP better and facilitate the creation of what you guys need to be successful. Some of you have given me your Skype and I haven't gotten back to you yet -- no worries. I have them all noted and we will get you all situated as we get close to launch time. If you have NOT sent me your Skype, you can do so via PM and I'll add you to the list. You can also toss me your emails and I'll set up a mailing list group since that may be easier to contact some of you than Skype.

3.1) At this point, the API for developers will not be going through changes. IF this changes before the launch, we will absolutely make sure you all know beforehand, as well as what you need to do to get back on track.

4) We are really looking forward to taking MP to the next level. We absolutely love both our players and our app developers -- both are the lifeblood of MP and we will be constantly working to ensure we're always pushing forward, making things better for you all!

I think that covers most of it for now. As we get closer to the launch, I'll release a list of any updates/changes made to the site. I will from that point on keep a changelog that is publicly available for everyone so that you can always know what's happening and when.

Thank you for your patience with us while we work through this, and thank you for your support! Your support has been overwhelming and it really helps stress the fact that my team and I have made the right decision taking this on. We love you all! <3

Hi and congratulations! What was the winning bid? Are you guys really out of pocket now? Or are you confident you will get a huge ROI?

And thanks awfully for a greeting. Most sites go from hand to hand unnoticed xD

We can't disclose the bid. That said, if we didn't have faith in the future of MP, we wouldn't have gotten involved, :).

hey Dogedigital

first of all congratulations also to you of one of the winner team. I was asking in one of my last postings here if Dogedigital is the owner of sharp dice as I remembered it but no one answered. but now as I see your posting I see that you are the owner

sharp dice is or was a very nice dice site with a nice and low HE. we had customers who were asking in chat if we know why they can't connect to your app. we were not aware of it but followed the discussion.

they asked in your thread and by PM and did not get any answer. and they were right to say that it is a very strange behavior but that is your problem and not ours how you handle your app and customers.

our problem was that sharp dice a featured app and was off line and took a precious space where another app could be featured. in our opinion you as the owner who knew why he took the app off line could also tell Ryan to take the app from the featured list and let him put another app there. we saw this as very unfair vis-a-vis all other app owners who would like to be featured.

we are very interested (as we posted before) that the handling of the featured list or section will be fair to all app owners who want to be featured. and if moneypot has 500+ apps and they all want to be featured they should be featured like for example Nico did in his list where you can check the most wagered and most bets. but there are apps with a lot of wager which are dead for month and Nico can leave them in his list because it is his list but moneypot featured list should not have apps in the featured list even they have  most wagered but for month not one bet. sorry for repeating me but we really think it is very important for new apps to get featured.

please let me compare... you as the owner are like parents with many many children and in such families there are always some children who get a preferred treatment and this is in our opinion not fair and all children should get same treatment so the family will always be one and not be split in groups of upper class, medium and low class.

we really wish moneypot to be the leader of the bitcoin gambling family and we know that it can happen if it is done right

best of luck

Will you go public with your identities, so we know who to blame if anyone does a runner with the funds?

It has already been stated that the only person who will have access to funds is me.

You already know me and how trustworthy I am and that I have had over 5000 Bitcoin invested in Bet King and there's never been an issue in over 2.5 years.

Your funds are safe.

I had absolutely zero input or influence on the featured list before being apart of the moneypot team and we still dont gain full control for a short while.

I was away on personal leave for the last three weeks and did not notice the server down.  Im in the process of moving it so that it stays up permanently.

Im happy to answer any other questions as i can fully assure you that the moneypot team and i have only the best interest of everyone in mind.

Although the funds at PRC never had any issue since the beginning, you have a shady behaviour at the past and of course arrogant attitude . Not sure how the other team trust with you only holding key to the funds but I do hope history in the past doesnt repeat ( although I personally want atleast 2-3 signature for the funds )

hi dogedigital

please let me clear one important point and that is that I did not blame you, the new team or any app owner who was on the featured list that he had any influence to get featured. the featured list was handled by Ryan and he decided who will be on the featured list.

I just tried to explain our experience regarding the featured handling in the past and maybe to get it handled in another and fair way.

we are sure that a good team can bring MP to the top and it is only a question of time but it would be also easy to bring it down and it will fail.

our small team want you to succeed :)

best of luck
JPR and totolino

You do realise that 3000 Bitcoin of the funds are from my current investors? It's not clear to me just how much of the current Money Pot investment will even stay invested on the new site.

So almost all the funds will come from Bet King investors and that's why it was essential that the funds stay under my control as I would never make changes to Bet King that could potentially risk the funds of the investors.

just to give our 2 cents to this matter.

we fully understand BK that he wants to have the responsibility and full control for the funds he brings into the pot

good luck

Guess there are no points in discussing this further since I do know you dont back out on your words and keep on staying arrogant as usual. If you feel it is so then do it anyway . For me personally 2-3 sig is much better even majority of funds will be from betking.io however once it is transferred ,It is not belong to betking.io anymore but to moneypot

How can you even partnership with dean.. the guy is a total a*s.  All he says is "look 0 problems happened in the past so I'm trusted". He's really stupid and not original. I really mind that dean will be the bitcoin holder.. the guy is a greedy fuck and I will not be surprised if he runs away with money in the future.

-Pizza

to be frank I don't know him but as he is accepted by his team partners and by Ryan the seller of MP it looks like that we can trust him

and please give us more serious facts and not some foggy infos. oh and why didn't he ran already with the investors coins?

and to say that he is arrogant that doe not mean that we can't trust him. a few people here think also that I am arrogant and toxic :) does this mean that I can't be trusted? my partner is trusting me for about 40 years :)

2-of-3 multisig doesn't help you if the holder of the server seeds is corrupt because he can use the server seeds to win the majority of the bankroll and then the other multisig key holders have no choice but to allow him to withdraw the coins.

Ultimately, the server "knows" what rolls are coming up, and so the guy with access to the server also knows, and can abuse that knowledge. It's crucial that the investors trust everyone with server access.


It sounds as if you are making changes to Bet King that could potentially risk the funds of the investors - ie. you're switching to the MoneyPot model. That includes exposing your investors' coins to games with less than 1% house edge, which they didn't sign up for. It would be better in my opinion to require the investors to withdraw from the existing site and deposit to the new one. That way you are sure that they consent to the changes you are making.


That seems unfair. He has been an ass at times in the past, but it's not fair to assume that he will behave badly in the future.

It will be interesting to watch and see how everything works out.

are you saying that there is no 100% bullet proof solution to secure the investors coins? IMO this would surprise many investors because many investors believe that their only risk is the person they trust their coins/investment will run away with the coins



I understand your point but IMO the investors could divest before their coins are moved to MP or immediately after it is moved to MP or am I wrong?


if those 3 user are right that would mean that Ryan did not do his homework or he does not care to whom he sold MP. difficult to believe at least for me and I understood that Ryan sold MP to a group that not yet included Dean/BK and in this case the initial group who bought MP is to blame that they did not do their homework or they don't care because 3000 BTC BR is a nice starter

how could all of this harm the app owners? at what risk are they?

regards

All I've read from people is unsubstantiated claims as to why Dean is a bad match. This means absolutely nothing. Ryan didn't sell MP to Dean, he sold it to myself and a few others that are a team here. WE included Dean. Ryan is fully aware of this.

So much misinformation in this thread it's ridiculous. We don't even have control over the site. Worrying about it is meaningless at this point. We welcome those that trust us and want to move forward with us. Those who don't are free to not invest. It's really a personal choice. But these FUD statements are just that: FUD. Adding Dean was NOT a spur-of-the-moment decision. We discussed it. We evaluated it. We decided it was the best move going forward. It wasn't a "I want Dean so I'm inviting him whether you want him or not" situation -- as a TEAM, we took all available information and made our decision. We don't operate based on one ONE person wants. We work TOGETHER.

MP is a BUSINESS. Not a small website that just kind of floats around. I know this is different from most "businesses" around here (in that 99.9% of the owners have no idea what they're doing and think everything's a get-rich scheme) but some of us actually understand business principles. Give us time. Quit with the FUD. If you want to make claims against someone, do it via PM and at least substantiate it.

hi ranlo

why did you quote my questions and answer to dooglus? IMO you should direct your answer to those users who gave their opinion regarding Dean

I was just asking and did not give any good or bad opinion about Dean because I don't know him and was surprised to hear such claims.

you @ranlo are well known and very much respected by our small team because we know you long enough.
but the same applies to @dooglus and @ erwin45hacked they are well known to us and very much respected

I kinda forgot about this thing before you mentioned it


In other words we cant have a perfect solution to this and it is not a secret anymore that the holder of the server secret will have access to the "funds" in other words he can win since he knows the upcoming roll , doesnt really matter whoever holding the funds

It's nice to see all highly experienced guys contributing on a single project to get the best possible experience for gambler's and i hope it happens as intended .
The altcoin support is really a nice implementation but i honestly feel that Doog and Nico should also get in it .

agree that is what we thought when the auction of MP started. this would guarantee in our opinion a big success of MP but it looks like it is a dream :((

I doubt that doog would want to take a piece of this thing due to the legal issue which is why he is switching his site to clams while I do agree that Nico is an outstanding security dev that should take a part in the team however The current team should be well enough to handle MP

therefore I said it is a dream team but it will stay a dream :)

>>>The current team should be well enough to handle MP<<<

even Dean is in the team?

well , it doesn't matters how good the team is or they are able to handle that app or not but one sure thing is it's lacking the best and honest bictointalk  Dev's/expert's .However, ranlo and dean are also some popular forum profile's but majority of the team being unpopular could be a risk to high roller's.

I dont think that its matter alot even if the rest of the team is not popular or even never post in bitcointalk. I do think Ryan has made some good research for the team capabilities and that is why he sold it to them and not to the other team

Yes , all in all it is about ryan's  choice . Still if people are gambling with pretty nice amount of bitcoins they would'nt be as comfortable as they would be on PD or JD cause the owners carry their honesty by paying thousands of coins when they had to .
However , nothing is perfect in the beginning and let's see what they provide to the gambling community.

Actually with they would have to withdraw and redeposit using the Money Pot account system.


BetKing.io has been running for over 2 and a half years (as pocketrocketscasino.eu) and has paid out many thousands of Bitcoin, there's been 35,000 Bitcoin withdrawn in the last year.
We've had players bet hundreds of Bitcoin at a time, up to 1300, and have had many withdrawals over 500, some over 1000.
We've had the biggest Bitcoin investor bankroll for over a year, 5000 at peak, currently 3000.

I think it's unfair to say it's not as trustworthy as PD (considering we look after more player funds at any time than PD) or JD.

You should consider adding Florincoin - FLO, Vericoin - VRC Hyperstacke - HYP and Fluttercoin - FLT

Hopefully we will get to see low fees for transactions !  ;D
Hosting a casino on the wallet itself sounds like a good idea but how many casino owners have agreed to do so ?

This is exciting news. I was an investor on MoneyPot, how will investing be different? I was getting very nice returns from MoneyPot, will the returns be similar?

Thanks,

Keep in mind Dooglus was new at some point. Nico was new at some point. Everyone had their start and proved themselves. We will do the same, :).


Nobody can answer that. Returns are based on volume + player losses. Even from today to tomorrow nobody knows. For reference, I went from +13% in MP to -9% in a one-week period before. Variance.

OK. When you said:


it sounded like you were moving your current investors coins over to moneypot without asking them. I don't see how else you can justify making that claim.


If you're measuring trustworthiness by number of Bitcoins held, biggest bets, volume, profit, or any other similar measure (and that does appear to be what you're doing) then I don't think betking's stats come anywhere near to Just-Dice's.


I'm not saying there's no solution, but as far as I know nobody has implemented a solution. Currently Ryan is in the position of being able to win on your MP app whenever he wants to. He knows the server seed, so knows the outcome of each bet before it happens. This is something investors need to take into account when deciding which bankroll to invest in.

(As for possible solutions, you can imagine a system where three different people ran servers, each of which had their own server seed, and each bet had to pass through all three servers to generate the roll. That way the only way to cheat investors would be if all three people colluded.)


Only if they knew about the switchover. There are quite a few people who still didn't withdraw their BTC from the JD bankroll, 18 months after the site shut down. Some investors just like to "invest and forget". But it turns out that Dean isn't moving the 3000 BTC over from BK to MP after all - he's going to have the investors withdraw from BK and deposit to MP, so the point is moot.


I wasn't meaning to cast any aspersions. I've had run-ins with Dean in the past, but he seems trustworthy enough. I don't know how much of a team player he is, but I'm in no position to criticize on that score either.

No one is disputing that Just-Dice ran the largest site accepting a public bankroll, but ever since Just-Dice decided to switch to clams (which is not for legal purposes, in the eyes of the law BTC is the same as CLAM), Bet King (PRC) has been the largest site accepting user investments. As to the questions about Dean, it is important for people to note that the only "issues" regarding him are that certain people in the community (mainly other casino owners) do not like him.

As Ranlo said earlier, this thread is not intended to be a place for FUD/trolling. If you have any questions/concerns please send us a message and we will be glad to assist.

That isn't true. I don't dislike him. The issues I had with him weren't personal at all.

I understand that you have made your decision to get into business with Dean and give him control of all your (future) investors' coins. But that doesn't mean you need to rewrite history and pretend that there have never been any issues with him other than "people not liking him". To do so seems disingenuous to me.

could you please tell us who you are? I am sorry if I missed it

could you please name those trolls because I did not see any but it could well be that I don't know who a troll is

I agree that we should have a place to talk to you guys = the new team/buyer at another place but this place should IMO be established by you like Ryan did it with inviting us to slack group.

and I disagree that each app owner will message you guys and discuss matters that are interesting for all app owners. that is exactly when I mentioned that no app owner should get a preferred treatment. yes I understand if there are private or internal questions regarding an app that would not be for all ears.

regards

Hey Dooglus, we weren't targeting that comment at you, apologies if you took it that way. Bet King has kept the funds of its users safe for a couple of years now, we have full faith in Dean and are excited for the future.



Hi JPR, this is the group account for us. Naming trolls etc is not the purpose of this thread, this thread is intended for providing updates about our service and to answer genuine questions/concerns. We will be creating a group chat on Skype for app owners over the next couple days, please send us a PM containing your Skype ID.

naming trolls in this thread is not the purpose of this thread? agree but you called some user trolls and I would like to know who those trolls are if there are any

if this is a group account that means that one of the group member is answering under this nick but it could also be that any other group member is answering and therefore it would be nice and polite if I know with whom of the group I am right now talking or are you playing a hide and seek game here. I hope you understand my point

how comes that you decided for a skype group? slack or any other similar option like slack is IMO much better than skype and  myself I am not using skype and that would mean that I am out of any group discussion :(

regards

I believe the team account is right in that we're getting a little side tracked in this thread.


It is of my personal opinion that Dean is a completely trustworthy person and I have no reason to believe that the funds are anything but secure in his hands. I am aware of some of the tension between him and a select few bitcointalk users.  I make no judgements of him outside of our business dealings in which he's always maintained class and composure.

I believe that his good standing record with PocketRocketsCasino puts him on the same level (not above or below) as other trusted major dice site operators and that there is no direct competition or ill will against any of the other sites.

My only hope is that the words in this thread are not misconstrued.  Hypothetical situations, assumptions, and 'what-ifs' tend to steer away from facts and viable information -- I believe as a respectable community, we can move past these.

Many members have attested to the credibility of Dean himself, including the highly respected Dooglus and I believe that the readers can take these pieces of information to gather an informed decision on whether or not Dean and the Moneypot Team have the highest regard for security, fairness, and equality for all.  

I'm sure the Moneypot team is happy to address any valid questions and concerns here in the thread, and leave personal hearsay or opinions to personal messages so that everyone can receive clear and concise answers in a suitable form.  

Cheers :)

What would that give them? As you can see that most of those altcoins are dropping in value. Besides those coins don't provide a decent amount of players

On this note, as of right now, we had a discussion about altcoins and are currently putting them on the back burner. As it is, there's little value to adding them, but a lot of overhead with regards to their addition (development, security, processing, etc.). That said, it doesn't mean that it'll never happen, just isn't on the to-do list at this moment.

This should never have been any kind of secret. I was under the understanding that it was generally well known that if a casino owner was going to cheat their investors they would more likely gamble knowing the server seed rather then simply run away with investor funds, as this gives them somewhat of the ability to deny they actually stole from their investors.

If you were not even aware of this risk, then you probably should not be investing in casino bankrolls

The tl;dr to this is really just that... if you don't trust the person running a business, don't invest in it. Gambling or not. Virtual or B&M. Stock or bond. Loan or raffle. It doesn't matter what it is -- either you trust the person running it or you don't. Owners ALWAYS have access to everything. If they didn't, they wouldn't be able to control anything.

In response to multiple meetings regarding MoneyPot, its current state, and its future, the team behind MoneyPot and Dean, of BetKing, have felt it in the best interest of both companies -- as well as current and future players and investors on both platforms -- to sever their partnership and move in different directions.

Any explanation as to what happened with this partnership? Im sure everyone would like to know

After consideration, we had different opinions about the future of MP, its expansion going into the short- and long-term future, and what we want to bring to the table for players and apps alike.

Here's an idea - how about you guys input a sort of loyalty system. In the source code, maybe you can make a section where you can make multiple house edges. So maybe you start with 0.5% house edge, and each consecutive day you bet 100+ bits, the house edge decreased by 0.05, until it caps at 0.01%.

Those would be on a per-app basis, and are already possible (as shown by BB), :).

That said, we're looking at doing MP-wide promos as well.

Great team. I think it's one that we can trust...

Good luck with your work, and hopefully we can see a better and improved version of MoneyPot in the near future.

Thanks for your support. Even on our end, the team has been beyond amazing in both ideas for moving forward and bringing about the best MP we possibly can. I think you all are going to be fairly surprised once we really hit the ground running, :). We're very anxious for the takeover!

Sweet!

How has the transition been thus far? Are you close to a grand opening yet or so far yet?

Curious, will the old API still be in use of will you guys develop your own API?

Im not gonna lie i was semi excited about the possibility of a 3k bankroll for players to bet against. Oh well hopefully you guys still take this site in the correct direction

to be frank we were not semi but full excited to get a bankroll of 3k and a big new player group etc

and now we are not semi but full disappointed after the big announcement that Dean will bring not in his part and he is out of the game

it is like parents are promising their children a very very big Christmas gift and then very subdued canceling the big gift event. so it should not be a surprise that the children will be very disappointed and sad

now as Dean is out of the game when will the journey start?

We won't have control for ~1.5 weeks.

And the old API will be in use but we've noted things for expansion as well (based on requests app devs. have made). That said, our original focus is getting things up to where they were. Then we focus on additions.

I thought I will paste this conversation between betterbets and ranlo on the betterbets auction thread here because also we = other app owners should get some more information
ranlo in blue text and betterbets in maroon


Quote from: ranlo on December 11, 2015, 05:15:26 AM
Since I couldn't edit the last post, I wanted to let everyone know that MP will be working directly with app developers to help create a mutually beneficial relationship, and ensuring we help make the platform -- as a whole -- successful. There are a lot of exciting things in store for MP over the coming weeks, months, and years ahead, and if you have any questions, feel free to reach out! If you make a bid on BB, understand that you're in great hands, with the full support of the MP team behind you all the way.

We know the new team of owners of Moneypot and have had several conversations with them; we're confident BetterBets.io will be in good hands with them. They understand that in order to their brand to succeed and thrive, the relationship between them and the individual gambling sites has to be mutually beneficial. So while I can't speak for them, I think you'll see positive changes under the new ownership and I'm quite certain that they will not be an impediment to the site's future success.

here we have exactly a very nice example about the preferred treatment of some children of the moneypot family

betterbets knows the new owner.................we don't and after the question to be so nice to introduce themselves we get strange answers. @ranlo and Doge Digital = Keeth are well known in BCT community but not the other partners beside Dean who is out now

betterbets had several conversations with the new team/owners..............hmmm why betterbets and not with us other owners?

Uh, our conversations with BB were unrelated to MP. Also, they only spoke with myself and ACoin LLC. So this is entirely unrelated. They trust, however, that I wouldn't be associated with a bad group, therefore, by nature of me being part of it, they have confidence. And while I would normally say it's not anyone's business what our discussions were related to, I'll be transparent: it was in regards to the auction of BB.

First post of the thread is the introduction of everyone and who we are.

We've been nothing but open to everyone. If you have a question, simply ask it. Quit posting negative things (and especially drop this "favoritism" accusation). We've answered anything you've asked, aside from when you constantly throw out favoritism even after having been answered multiple times. And that's simply because there's only so many times we can answer the same question...

how would you understand this sentence
We know the new team of owners of Moneypot and have had several conversations with them

they could write we had a conversation with ranlo

the first post does introduce some anonymous people in a very anonymous way. or we missed another more detailed introduction

we are asking all our questions here but are not getting any answers

Quit posting negative things (and especially drop this "favoritism" accusation).

it looks that you lost a bit of your temper and we will promise you that we will not quit posting our thoughts and if you don't like our thoughts that would be very understandable because the truth hurts. or do you want us to shut up as it is a usual behavior in a dictatorship?

until now moneypot was treating some apps and owners in a preferred way and for us it looks like as it goes on and we just asking for an equal treatment. what is wrong with this?

You don't have to "shut up." We, as MP, are here to work with all app owners. We don't play favoritism. Those that have concerns are more than free to voice them. I still don't understand where you're getting this flawed perception of playing favorites from. You know as much as any other app owner does. Your complaints (such as having dead sites on the "promoted" list) have been noted, as stated many times in the past, and will be fixed when we have control and can actually do something about it.

You've yet to raise a concern that we can answer to. And it's impossible to give an answer if you're not giving a question that has an answer.

A "more detailed" introduction of members is up to each of them to decide on. That said, you know of myself, Doge, ACoin LLC. Cyclops, Rio and Alex are other members, and if they come out and speak, that's on them. As it is, it's just been us other three that I'm aware of.

Feel free to post your opinions, but make them constructive. We can't help if you're giving nothing to help with. I've been nothing but forthcoming.

It seems like a pretty trustworthy team. Better than I expected.

I hope that you guys can keep up the positive, good work that Ryan has been doing to this project. I also hope that you guys can provide good support just like Ryan did.

Good luck on managing this excellent project that I've been using for a while now.

Be interesting to see how this new team ends up running moneypot and if they end up pulling a runner or not.

The original moneypot was an awesome site and the owner was actually a really decent individual to do business with.
Hopefully these new owners run the site just as well as he did, although the bar has been set pretty damn high in my opinion.
Best of luck to you guys and congrats on getting moneypot.com - The site is awesome, please don't bugger it up or use the established name to scam.

Going to be alot of eyes on you in the upcoming months. Make sure your Dev team is trustworthy.

Your accusation will lead you to nothing. The new team hasnt start working yet and accusation has started that they are playing in favoritsm. You do realize that you need MP for your site, so it is much better for you to stop breaking the house down and better to solve this misunderstanding via something else with the owners

very sorry but  I can't agree with you. first of all I did not accuse the new team of anything bad  I was asking the new team not to give anyone a preferred treatment like it was handled before.

we know how it was handled before and also other app owners are aware of it. but they have no reason to jump in to help us in our discussions here because they got this preferred treatment.
for us it is history and we are very eager to see how the new team will work. we were just pointing out some points what they could make better. lets wait and see.

you have no app as far as I know and this means that you can't know how it was and what I am talking about. only an app owner who was long enough in this machinery could have an opinion and discuss those points I am talking about.

a good example is if you imagine that you are on a flight to Las Vegas and the air plane was facing very bad weather and big flight turbulences and you and all on board were afraid to death. the moment you reach Las Vegas you will call friends and tell them about the terrible flight. no one can discuss this flight with you beside all people who were with you on board. yes they can ask what happened but thats all. I hope you understand my point

The reason why they aren't posting here to join the conversation is because we've already addressed your concern multiple times so there's not really anything to discuss on that front until we have control over the site and announce the changes.

same I said to erwin applies to you. you had no app so I can't and will not blame you for not knowing how it was handled. so lets wait and see

I will repeat that I know @ranlo and dogedigital and not the rest of the team. I trust you and dogedigital that you will  try to get the MP business idea on the right track and it does not matter if we will be on this train or not.

and yes we are very sorry that Dean left the train

good luck

@jackpotracer I know your concerns because I had sorta the same complaint about not being on featured apps myself. I can also say that you just need to message the owners of MP and they will be glad to try to answer your questions. I personally have had a few conversations on Skype with matt and he has done his best to handle my questions professionally.

I dont think they're playing favorites with anyone nor are they trying to ignore anyone. They're taking over a business and I'm sure it takes up alot of their time learning what they need to learn. So the best thing for you would be to pm your concerns and accept their answers

@yahoo

very much appreciated that at least one app owner jumping in and confirming the problem not to be on the featured list.

I don't want to Pm with Matt or the team because we think that for example the featured section should be handled open and fair and should be openly discussed or at least we should see explicit rules to be featured. it does not make sense that 100+ app owners will discuss with Matt by PM any option to get featured. but as you or ranlo already said lets wait till the team takes over. I don't blame the new team for the preferred treatment that happened before they took over. I just would be glad if it will be handled in a fair way for all app owners.

it could well be that the thread is not the right place for those discussions but as long there is no other place we need to discuss it here. Slack was a nice place where app owners would get in by invitation and could discuss all kind of problems.

thanks and good luck with bubblesbit

Yeah, most of our discussions internally have been about future direction and plans so far. There's quite a bit to cover because it's better for us to plot out everything now than to try and work it out later. And as a somewhat large team (relatively speaking, compared to MP before), we do a LOT of brainstorming, :).

I would say that if your business model depends on what is essentially free advertising from others, then you should probably rethink your business plan.

At the end of the day, MoneyPot is going to have the apps that they believe will generate the move additional revenue for MoneyPot featured/advertised on MoneyPot. (this is assuming they use the same model that MoneyPot currently uses).

We're not using the same model. We're restructuring it in such a way that it benefits everyone. More details will come once we roll out the update to it, :).

Kinda like:

"Here is a list of sites that use our services. Please consider supporting them for MP."

I think he's referring to apps who's business model rely on being "featured" to generate traffic.

As for MoneyPot "playing favorites", that's basically the whole point of featured apps. I've looked at apps that seemed new/interesting/cool with app owners that I think users would like to visit. It's probably quite biased, and might be better replaced (or supplemented) with "top X most active MP casinos in the last week" but the energy would be better spent marketing/improving than complaining about someone not giving you free traffic

Thats the whole point of this business I think. MP relies on sites to give them profit so while they can help some sites to generate better traffic then why spend some of their time to help some useless sites. MP may be free for all but lets be real that it is a business and needs to generate revenue as well

95% of all the sites listed on MP would not see any betting on their sites if it was not for MP and that is a fact. Who would trust them ? Where would they get a bankroll ?
MP is a really nice place for new sites and interesting ideas. People should be happy for the opportunity given.
Looking forward to where you go from here :)

do you know how many apps are on moneypot?

Exact number ? No i do not, but it doesn't change anything about what i wrote earlier. Anyway, i do not think this is the topic for this discussion. Besides there's still plenty of time to go before the new team can start making changes and bringing them out.

well i kind of agreeo n your stand. we can actually just move on but it is really not nice for someone to just keep bitting on that tiny end and refuse to let go. As the site owners are still making a changeover, it will takes some times.. instead of argue endless here, lets wait and see the result. i dont think argue here among ourselves will increase more points of concern for them to rechange their decision so lets stop fight and greet them with our best wishes.

the question is from which point of view you guys are talking?

1) app owner
2) investor
3) spectator
4) MP owner
5) player

Very good team IMO. I wish you guys good luck and hopefully you guys can improve your service. I sometimes visit moneypot, and I do enjoy it :)

I've only seen this now.. Anyway, congratulations to
the new MoneyPot Staff and Dean.

I've always been a fan of PRC and Moneypot as I previously owned MiniDice.in and regularly play in other MP apps like plinkopot too, so I hope you grow both together.

Regards,
Jm Erestain

hey

it looks that you missed the very important latest news that Dean is out :(

what happened to mini dice?

A user here named NetPyder purchased it from me
a while back. Anyway: Whoops.

Let me check that out real quick lol

hello new team

I just thought I will ask when we will get some infos where this ship is heading to? for weeks now we are waiting for the take over. we have customers who are asking whats happening with MP and why they don't see many players on the apps they are visiting?

any answer is very much appreciated

Im noticing less traffic on MP apps myself lately, plus the max win keeps going down day by day. No announcements from the new team for a week now?

thank you very much for confirming my statement because I always get attacked that I am toxic :)

IMO our question and statement is legit because the silence hurts the MP owner and the app owners

may I ask which app(s) you own?

Great news: we should be taking over this week! :)

The loss of players/investors is normal during a changeover. Once we have control and can start fixing things and promoting, that'll resolve itself. As it is, the platform has been a bit stagnant while in wait.

I want to apologize for the lack of information over the past week. There's been nothing to really share, as everything is hinged on the takeover, :(. But look forward to new information soon!

my english is not that good :( but what does it mean you guys "should" take over? didn't you already take over?

and when you take over this week how will it look like? when and how will we feel it that the take over started?

sorry for that many questions but as you said we did not hear a lot from you guys regarding starting the new MP lastly.

We'll alert everyone as soon as it's happened. And we were supposed to have taken over already, you're correct. Sadly, there was a small hiccup in the financing area that's supposed to be resolved today so we can finalize everything. And trust me, out of everyone looking forward to the re-launch, I'm probably the most anxious to get things going, :). It's going to be awesome!

Does this have something to do with slick Dean moving out of the team ? Losing 1 person at the team just moments after you guys won the bid would means that losing some financial supporter


Will there be something major to happen exactly when you guys take over or will we needs to wait for updates about what the new team is going to put in MP?

first of all please let me state that we are waiting for the start and it does not matter who the owner will be. if we can help we will help. we just want see that it gets started and hopefully to the moon

Nope, completely unrelated to Dean, and isn't a problem, :). We've been working on settling down on a lot of other things in the meantime, and are, and have been, more focused on doing things right than rushing. Our goal is to provide the best possible platform we can, and really push the bar. I think you'll be fairly surprised at the future!

As for changes, we'll be making announcements as the time comes. In the beginning, we want to get MP running smoothly again, and then we'll be working with improvements on the existing systems and new additions.

Thanks for your support!

It is really nice to see you are back and with good news. I agree with the decision to first have everything up and running optimally and as best as possible for everyone and once that is in place start thinking about tweaks, additions and other things. I hope to see what you guys bring to the table soon :)

Very interested to see what comes out of the new ownership. Good luck to all.

Hi new team

we are quite sure now that you are the new owners of MP. in case I am wrong I will delete my posting and post it in the old MP owner thread

we were always talking about preferred treatment of MP apps and owners. here is the best example of this preferred treatment. the screenshot will show it and here is the link to the posting
https://bitcointalk.org/index.php?topic=1298793.msg13321013#msg13321013 (https://bitcointalk.org/index.php?topic=1298793.msg13321013#msg13321013)

a user asks for any good provably fair roulette. what I would expect is that users who played at any roulette site will give their feedback and the name of the casino. I also would expect that casino owners who offer provably fair roulette will post their casino address.

Ryan (owner of moneypot) is recommending at first place Dean's BK and then he is writing that moneypot has some roulette sites like bryankek's roulette. what do you think how many roulette apps are on moneypot? hundreds like dice apps? no! there are only 2 roulette apps! why not mention both or none? why is our roulette app not featured? when we asked to feature our roulette app coining A Dice was already 2 month without even one bet.

but I would not expect that a casino owner will recommend another roulette casino. if yes that would be really fair and good attitude. for example when other app owners were visiting us we did allow and even announced in chat that coining, bryankek and yahoo (all are app owners) that they own very nice apps and asked them to post their app address in chat. we have no problem to advertise other apps we know that the player will go and play where he feels good and fair treated.

here is the address of bryankek's roulette https://sat.oshi.xyz (https://sat.oshi.xyz)
here is the address of our roulette https://bitroule.com (https://bitroule.com)

let the user/player decide which roulette app he wants to play at. MP owner (doesn't matter who it is) should not decide where player should play at.


https://i.imgur.com/lA8CRBP.jpg

The owner could decide what he wants ti support or preferred imo. If the owner waste resources by promoting all sites on MP then they are wasting resources, it is much better to spend resources at some preferred sites and help them get traffic . Of course if they get some traffic then the owner will earn profit as well most likely

@JackpotRacer

Please be advised that the transition is only happening now.  Ryan is entitled to his own opinion but does not necessarily reflect the opinion of the new moneypot team.

There are ZERO cases of the new moneypot team having preferential treatment.  Please refrain from public outburts that we have no control of.  For assistance and output going forward, please contact one of the members of the moneypot team and we'll gladly hear you out and listen to your requests and/or concerns.

please show me where I accused the new owner/team of anything? I just pointed out what the new team should not do in our opinion but the new owner can do whatever he wants. and we will not be afraid to give our feedback and opinion.

btw we will not contact any new team member in a private way because we think that every MP app owner and user should know what we have to say.

we are eager to see the start of the new MP

Why cant you leave it be already? You have been told the same thing over and over and over and you come coming back to it every single time. Just because he was the owner of the site it does not mean he cant have his favorite. It is HIS OPINION if HE likes it then he WILL recommend it. It is as simple as that. Just leave it already im sure the new team got the point you wanted to make about 7 pages back.

why don't you leave your comments? how many apps do you have on MP?

Why dont you? They have sayd over 10 times now that they understand what you are saying and they will figure out a way to make it fair for everyone. Now leave the subject alone and see what they come up with, after it is released you will get a chance to evaluate if it is fair, if not then come and discuss it further. Now let it be.

you did not answer my question.....how many apps do you have on MP?

 I clearly said that we are eagerly waiting for the start. we are not alone who are waiting for the start. there are hundred of apps waiting

@ you and all
Merry Christmas  and may the best of last year be the worst of your new year

I do not own any apps in MP i only play there, im a regular customer who enjoys playing some of the apps there. It is besides the point if i am an app owner or not.
If you want to discuss it further send me a PM, no need to pollute this thread so much. It is just an announcement thread and that is it.

I know the transition hit a slight snag, but is there an official ETA on when the takeover will be complete?

Obviously we're getting into the holiday season, and I hope all of the individuals involved are able to enjoy any desired travel/vacation/family time, but I was just wondering if there was an estimate?

Out of the loop guy here, but I've been using bustabit ever since it was moneypot and Rric was in. What auction is this about? Is there a relevant topic?


TL;DR: What's this and what did I miss?

I think now bustabit is different from moneypot. And nowadays betterbets which is in moneypot is on auction. That is what I know and I think it is quite booming already out there. Lately what I heard there is already being sold

Sorry for late reply. As you don't own any mp app you can't know the pain or joy an app owner feels. I never wanted to discuss with you any app owners problems because it would not make sense. Saying that.......  I will not pm you.

I am no longer able to access moneypot and my casino can no longer access the API.    I am instead redirected to bustabit with a notice telling me to withdraw my funds now.   I thought there was going to be an announcement in this thread?  Where is it?  Am I looking at the wrong thread?

ETA on it being back up ?

Thanks

Changes of ownership is happening right now that is why every access to the site has been cut off it seems they are transfering server right now and it seems its kinda rush . You are redirected to mp.bustabit.com because there are where your balances are, your old balances that are kept with ryan

Yeah, I get that.   A previous post said they would notify us via this thread before such an event takes place.   So do you have specific knowledge that they are currently changing servers, or are you just guessing.   Do you know if there is an ETA for when it will be back up?

We are now live! Thanks for the patience everyone.

Happy Holidays  :)

Hooray! Congrats guys :)

Quick question: I noticed the site bankroll is 29,912,708.96 bits. Has there really been that much redeposited in the past couple of hours?

They were planning on investing significant amounts of their own money into the bankroll to jump start it. I was under the impression that it was going to be more then 29BTC though.

So far our group has invested about 40 BTC of our own funds into it. We are essentially (% wise) the entire BR at the moment. Unfortunately for us https://www.moneypot.com/users/astub1975 has been on a huge roll!

Congrats to yahoo (https://www.moneypot.com/users/yahoo), great run!

We're at almost 40,000 bets in a little over 3 hours, thanks to everyone who has given us a try so far.

Happy Holidays!

Thanks to everyone who has given us some trust during the transition and after. We are going to push to really raise the bar, and are looking forward to building relationships with you, the community of both players and investors, going forward into the near year and beyond!

Congrats on the transition. Seems things have went smooth, though I'm sure there must have been a better date than Christmas Eve to change :)

Look forward to seeing MP in the new year

Oddly enough, the date worked out well for everyone (we're all available and were), giving it a solid time to knock out everything at once, :p. Tomorrow's a different story (I'll personally be available still, though mobile, so fairly sporadic) due to the holiday, but this was a great present for us and the community!

And thanks for your support, :).

I dont see this anywhere so I will ask it here, what percentage of commission are you guys as moneypot's owner will be charging for the investor? will you keep the 10 % profit commission upon divesting or will you be charging according to the wagered amount of each bet like the last system?

Thanks for the question!

At this point in time, site commission works the same as it did in the past. Advanced notice and consideration will be given should this be changed at a later date.

qustion for @NLNico

it is a question and our opinion but not an attack (just for info) :)
I see the list starts new because Betterbets and Jackpotracer are now last in the list. in case the list starts new (IMO thats not a fair way for all apps in the list) why not leave out all old stats and start new as it develops?

thanks

maybe the transition worked out good for the team but not for us non coders because our coders are on holiday and don't care if we need some help and we fully understand that they want to have their holiday with their family

Happy Holidays

I think it was actually a pretty good time to do the transition because i believe most people were with their families and will be today also. This gave a pretty good window for it as not much traffic was lost.
Its nice to see "The Team" is now in charge of the site :) Good luck to you guys!

I only see featured apps on new moneypot, i don't see other apps that i played before on moneypot website, developers of this webs needs to activate it?

finally!!!

thank you for the posting because if I would say this they would kill me :)

and those are exactly the same apps as before. why not take those old featured apps down and start some day a new list? this would be fair for all app owners IMO. we have 2 apps not featured and customers  like raimonn need to search for those on bitcointalk or somewhere else :(

I was using moneypot's services from the very start and stopped for a while to see the completion of transaction between old and new owner.I hope new team will take the money pot to more advanced and high levels in coming months.All the best and happy greetings .

Coiningadice needs to be taken down because there is no activity there. I can only think of 2 possible reason why they are not doing something with this. The very first one they just have control over moneypot for less than 24 hours and the second one is this is christmas and everyone is enjoying their holiday

all those reasons are legit as the owner can do when and what he wants. ranlo posted that the christmas holiday was the best time for them to do the transition. but there were weeks before the transition to think about important points for the transition.

lets take raimonn's posting as an example. I am sure that all of the thousand of moneypot users had bookmarked their favorite apps. I myself had more than 30 apps bookmarked. but now they are gone for all of us. it took me some time to add those again and I did not find all. IMO opinion a mistake because now each user needs to add those apps again and searching those apps. sure if they are in the featured apps it is easy to find. and here was my point why should a mp visitor have it easy to go to the featured apps?  or a new visitor will see only the featured apps? I am saying this out of experience and even we have one app featured there. a fair handling would have been to take off all featured apps for the start and then at some point add the new featured sector with new rules.

yes I am saying it aqain because not taking off  the old featured apps after the transition gives me the reason to say it and as I mentioned before we have a featured app (not a bad one) and I still think it should not be there at the start.

my 2 satoshi

Happy Holidays

I have to agree that atleast there should be a written guidelines for app owners on how to be on the featured list. And like the previous post above me, some of the apps on the list are either not working anymore, is no longer active or not worth to be in the "featured" basing it on the stats.

Tho as a human being its totally understandable that this changes may not be implemented right away or this very moment because of holidays. But business wise, in this online industry, losing a single day of the site being advertised is a lot, whether it be holidays or not.

On other note, i still believe and hope that the new team will improve MP and really push the bar high.

-uni

Almost i think its necessary to add a link under featured apps, a link for the other apps. We need an easy system to found them, we lost all the favorite apps links on moneypot.

My site is automated and it gets only the apps with like more than 10 btc wagered. What happened is that BB, DD and your site got this criteria with the new stats, but the other sites not so they still showed the old stats. Obviously I didn't expected the stats to be reset when I created the script. I have deactivated all stats now and only 3 sites are (automatically) activated again with the new stats: https://dicesites.com/moneypot


Overall I would actually expect that the total stats would be still there. I don't really see why the stats have been reset? It doesn't contain privacy-sensitive data and it's better for both MP and their apps. So I hope MP could still merge the old stats or something in next few days. Otherwise I will probably merge it myself (on my site) even though that will generate different stats on my site and MP site.

thank you for addressing this problem. agree that there was no reason to reset the stats to zero.

right now as you show it on your page it is at least not confusing it sure will fill up soon again and one advantage I see is that all the dead apps are gone :)

Happy Holidays

A feature to show all apps is not needed. Moneypot has 600++ apps and only like 10 % of that has a real site, the others are just for testing or 100 % clone of the untitled dice without any improvement at all so you can easily bookmark the site that you like for this

hey thx for the recognition. Running hot on a cpl mp apps :). Need to get some more investors in wanting to bet bigger

Reading through this, want to hit on everything (hopefully I don't miss anything).

Regarding the featured list and such, as stated previously, step one was to get things running exactly as they were. That's now done. Step two is to alter existing systems to better match our direction going forward (i.e., featured apps).

@JPR, regarding the developer issue, what happened? As far as I'm aware (based on BB + Ryan) no changes occurred that should affect any apps, so anything that was working before should be just as well after?

@NLNico, regarding the reset of stats, Ryan had basically wiped the entire database to start anew. That question would need to be directed towards him.

@MillionsBTC, we are going to be publishing a formal guideline set explaining how the new featured apps will work, detailing requirements and the like.

Ryan announced when he first listed MP for sale that no data would be included with the sale of the site, resetting stats was absolutely necessary in order for us to keep our books orderly.


On another note, in less than 24 hours we are already nearing a 100BTC Bankroll, and 150BTC wagered over 250,000 bets! Happy Holidays everyone, our team is very thankful for the support you all have shown us!

Total stats is just a simple number. I cannot imagine it can bring any problem for "keeping the books orderly". Just keep the old stats in mind for administrative purposes and obv summing up all bets will lack the old stats (but isn't a problem if you keep it in mind.)

The advantage of merging the old stats is that it shows the MP apps are popular already. I assume Ryan could give the total app stats since it's not privacy sensitive and it's even still on: https://mp.bustabit.com/full-stats.json

But up to you guys of course :P

Nice to see everything is up and running clean! I imagine that today will be a slow day for MP and the current numbers are typically lower than expected. Should we see an increase over to next year?

agree and please understand that we worked hard and with costly promos to get some action on our poker and roulette app and were glad we reached Nico's top list. and now? we are gone :(

check the bank roll and you will see that it doubled today so that looks already like a good sign. no need to guess what will be next year.

Numbers have actually exceeded our expectations so far  :) We were expecting lower figures due to the holidays. We also had a few whales deposit funds that haven't started playing yet. Interesting times ahead!

Super awesome!

Congrats to the whole team and I wish all investors and punters good variance!

Just for the sake of discussion, why cant you just take the record from http://mp.bustabit.com/full-stats.json then add or merge it with http://moneypot.com/full-stats.json ?  This way you still have the old stats plus the new ones.Like jpr said its gonna take extra advertising again just to be able to reach your list. And it means alot for an app owner to be on the list of a bitcoin gambling directory site.. This gives extra exposure for the apps.

Yes, I am planning to merge the stats on my site if MP isn't going to do it. I just don't want to spend time on it only to see them merging it after a few days ;) so that's why I was asking about it.

To me it just doesn't make sense to see BetterBets with only 21 BTC wagered even though they already had 30k+ wagered :P and same for other apps of course.





Anyway, best of luck to new MP team. The transition seemed to be smooth to me and site is running fine with some decent wagered already. So that's a good start :)

as you mentioned betterbets why do they have their name in a banner? could all apps have a banner of this size with their names?

thanks for posting this list. very helpful

btw your site is another dice site :) but I have to say it is a very nice one :)

good luck

Because they are the only site listed on my homepage. The homepage is a list of most popular dice sites that have been around for a decent while. In general this means a couple thousand wagered and ideally like ~100+ BTC wagered per week. There were some MP dice sites like InvestDice who had some nice wagered, but this was mostly from 1 player and not very consistent, so I wouldn't qualify it as "one of most popular dice sites". I am still considering "Dust Dice" and others but they have some real slow times too.

Besides that, your sites aren't dice sites, so wouldn't be very good for the homepage of a "dice sites" site :P

TBH that MP page is mostly meant for investors, so it's not really optimized for players.

Yes i hope they do merge it. Like you said it openly available on the link given, so they wont need ryan's approval on it. Ive also requested ryan to get a dump of the list of bets on my app just for future reference since this is also no longer available on the new stats.
Thanks, even if im 'flying solo' i try my best to improve it. :)

Jpr hello we have a banner because we provided several variations of logos. We have advantages in our player reach because we spent thousands of euro and hundreds of man hours marketing. We weren't given advantages we did it all ourselves. I think your impression of us is that we have been given advantages over other sites. Let me tell you personally, everything we have ,we have worked hard for. I personally contacted every 3rd party site we are listed on and made arrangements with these people. You need to stop thinking betterbets.io had it easy because we didn't. We were just the first team with previous experience in our respected fields to launch a casino in a long time.

-Bjorn

hey Bjorn

what happened to you? why are you attacking me? lol because everyone is doing it?

I asked Nico a legit question and he was so nice to answer it with a very logic explanation.

what is your problem? that you have spend thousands of euro and many hours that was your decision and your risk

I never thought that you had it easy and you still don't have it easy and I know exactly what your mistake was and I am sure you know it also but I  will not discuss this matter in public.

I always said in public that betterbets is the flagship app of MP and a very nice team. and in general I mean what I am saying and if I had something to say regarding betterbets I would say it.

Happy Holidays and good luck

We are going forward with clean stats for a few reasons. One of them is transparency. While MoneyPot transacted over 45k in BTC, and we believe we will be able to surpass that, its misleading to have those figures posted for investors, as it doesn't reflect the current site. Another is we will be using site statistics to determine placement on featured apps (more information will be made available within the coming week).

You are welcome to use the old stats if you would like, but the official MP stats will represent what has been done since we started running the site.

I don't seem to find the new cold wallet address for MP, would you mind showing us your address(es) and updating the proof-of-assets.txt (it is still showing the old Ryan's address) ?

Okay yeh, I agree for investors that is fair, so that is indeed a good reason.

Actually I have even considered "hiding" BB/MP from my site since technically I should qualify it as "new site" :X But at this point I will probably merge the stats and perhaps add some kind of notice that MP has new owners.



BTW, do you guys have already a public cold address? Also I am personally wondering who is (or will be) holding the cold wallet?

The reason I'm saying anything to you is because you have written several times on how you feel your site wasn't given attention or that you had some kind of disadvantage.  If you want attention then you have to effectively market. You have to market very hard this is a niche market and has (compared to fiat casinos) a tiny player base.  The obligation to gain attention rests on you alone.
Your posts indicate that some sites seemed to get special treatment when in reality every site was treated the same. Anyway you are entitled to your own opinion but I think if you want to succeed it's best to focus energy on self promotion and eliminate negative posts.

My post wasn't an attack either but more of an informative narrative to explain why certain sites have detailed logos and info of BetterBets.

[quote author=BetterBets.io link=topic=1274857.msg13356116#msg13356116

The reason I'm saying anything to you is because you have written several times on how you feel your site wasn't given attention or that you had some kind of disadvantage.  If you want attention then you have to effectively market. You have to market very hard this is a niche market and has (compared to fiat casinos) a tiny player base.  The obligation to gain attention rests on you alone.
Your posts indicate that some sites seemed to get special treatment when in reality every site was treated the same. Anyway you are entitled to your own opinion but I think if you want to succeed it's best to focus energy on self promotion and eliminate negative posts.
[/quote]

yes I have written several times that there were some apps who got a preferred treatment and it is just not fair. and I say it again. glad we have a new owner of MP and hopefully it will be handled differently.

very funny that we had never BB in mind regarding preferred treatment but some other app owners. but you jumped very hard and to be frank I didn't like it.

you want to give us tips how to succeed? that must be a joke because you are selling your site and not we! it is not the money you invest for promos it is the kind of promos you do. and you did all wrong in our opinion. and the result is that you gave up and trying to sell BB.

though very sad because BB is a very good dice app and had a very good chance to succeed but you guys did all wrong that someone can do wrong. and BTC gambling is not a niche market as you are describing it and there are many sites out there that telling us otherwise.

the niche is MP and MP needs time and I am sure that if MP is in the right hands it will be the best business idea in the gambling niche and it does not matter if you or we are still alive and a part of it.

to be frank you guys should have been a part of the new MP team, and it was not expensive at all ( I dont know the price but I know the starting bid).

regarding negative posts it is the point of view from where you are looking at it. the truth always hurts and I will do my best to give my  straight forward opinion. the guys in the featured list were never eager to jump in to help me when I posted my view regarding the featured list. even you didnt see a reason to change it. but I know some app owners who said JPR is right we need a fair handling for all app owners. ask your Mod yahoo for example if he would like to be featured?

Our cold address:
1CwcVUK7DKKB6KCCxBbjGh2fJScGmbCX5

(https://blockchain.info/address/1CwcVUK7DKKB6KCCxBbjGh2fJScGmbCX5)



Our hot wallet contains an ample amount of Bitcoin to ensure speedy withdrawals.

yes I have written several times that there were some apps who got a preferred treatment and it is just not fair. and I say it again. glad we have a new owner of MP and hopefully it will be handled differently.

very funny that we had never BB in mind regarding preferred treatment but some other app owners. but you jumped very hard and to be frank I didn't like it.

you want to give us tips how to succeed? that must be a joke because you are selling your site and not we! it is not the money you invest for promos it is the kind of promos you do. and you did all wrong in our opinion. and the result is that you gave up and trying to sell BB.

though very sad because BB is a very good dice app and had a very good chance to succeed but you guys did all wrong that someone can do wrong. and BTC gambling is not a niche market as you are describing it and there are many sites out there that telling us otherwise.

the niche is MP and MP needs time and I am sure that if MP is in the right hands it will be the best business idea in the gambling niche and it does not matter if you or we are still alive and a part of it.

to be frank you guys should have been a part of the new MP team, and it was not expensive at all ( I dont know the price but I know the starting bid).

regarding negative posts it is the point of view from where you are looking at it. the truth always hurts and I will do my best to give my  straight forward opinion. the guys in the featured list were never eager to jump in to help me when I posted my view regarding the featured list. even you didnt see a reason to change it. but I know some app owners who said JPR is right we need a fair handling for all app owners. ask your Mod yahoo for example if he would like to be featured?





[/quote]of course I would like my game bubblesbit to be featured but attacking betterbers doesn't get my game featured. I understand your frustrations on wanting to be a featured app and I agree that some apps that were featured didnt deserve it but you might try to contact the new mp team to find out how to go about getting your app featured rather than piss ppl off in this thread.

Who controls that address? As in who has access to move funds etc..?

Matt is currently in control of the address. We are planning on switching to a Multi-Sig set up in the near future to protect against a "hit by bus" scenario.

Sorry I dont want to be a jerk on this especially when people are having holidays but there are 98 btc currently at investment and your cold wallet has less than that. Also to ensure safety for withdrawal you need to have maybe atleast 10 % more of the investment amount at the cold wallet

Investment = Cold Wallet + Hot Wallet

Not everything from hot wallet comes from investment, in some sites the deposits of player will stay in the hot wallet too for some period of time help to faster the withdrawal process so some big or decent amount of withdrawal doesnt need to be always comes from the cold wallet instead

If we had everything in a cold wallet withdrawals would need to be manually processed. Right now the cold wallet represents a little over 100% of our liabilities to players/investors.

To add on, basically, there's a trade-off in regards to security. If everything's in the cold wallet, everything is secure but now the funds take time to transfer. If everything's in the hot wallet, now everyone could do a bank run at the same time without affecting anything, but all funds are at risk. Our plan is to constantly watch and analyze the situation and continually work towards a solid median between the two (hot/cold) to ensure timely withdrawals and utmost security.

[quote author=yahoo62278 link=topic=1274857.msg13357610#msg13357610 of course I would like my game bubblesbit to be featured but attacking betterbers doesn't get my game featured. I understand your frustrations on wanting to be a featured app and I agree that some apps that were featured didnt deserve it but you might try to contact the new mp team to find out how to go about getting your app featured rather than piss ppl off in this thread.

[/quote]

please show me where I attacked betterbets???

Bjorn jumped in a conversation between Nico and me and attacked me without any reason!!!
(and luckily it is in public thread and not PM)

I will always react in case of self defense. if bjorn wouldn't jump in with his false accusation I would never answer him.

I always said there are app owners who get a preferred treatment. what is wrong with that? those owners know exactly whom I mean and they didn't bother at all. very understandable.
if Bjorn thought that I mean BB he could ask me if I mean BB and not jump in with his own conclusion and false accusations.

but this is history because MP has a new owner and lets see how they will handle their business. I am sure the new owner will try their best and it is in their hands if MP will succeed. we know one of the team and we trust him to do his best. the other one is dogedigital we only know him as the sharp dice owner. but we know now after the team introduction that he is also familiar with game theory and this gives us even more trust that MP will be on the right track if they will listen to dogedigital. please don't confuse game theory with gambling. we toto and me studied game theory 25 years ago and most of you guys maybe visited the kindergarden those times :) we know what we are talking about. let me confess that we are old people and that we have no clue of coding or all the hash stuff and provably fair implementation. we therefore give all our credit and respect to people like Dooglus, Ryan, Nico, Stunna, Dean and coders like Michael and uni and I am sure I forgot some.


please let me say it again that I will not PM anyone with public stuff that all users might be interested in. for real private matters yes that would make sense. and you can tell Bjorn that  he can stop to send me PM because what I have to say I will say it in public and not in PM.
I have my experience already with PMs

you can ask Ryan that we asked him once to feature our roulette app (we did not had the poker app yet) but he declined it. please ask him if we asked more than once? we did not and did not ask for our poker app. we did not PM him and begging to get featured.

we can live without being featured but only if no app is featured and if there are apps that are featured we want to know what they did to get featured and if we get an answer and a ruling how to get featured we can try to follow the rules and hopefully will succeed to get featured and if we don't succeed we have to blame ourself and not MP. easy as that!

now please tell me what is wrong with this statement? even Ryan agreed and added something regarding provably fair implementation. each app owner will be glad to know the rules to get featured if there are any. we would like to see all people to be treated same and it should not matter if they are black or white or yellow etc. we love Bitcoin and Bitcoin for us is the currency of real democracy.

I hope you remember in our chat when toto said that yahoo has a very nice new dice site and told you to post the link and the people went over playing and came back telling us their feedback. (it was a good one) we did this with a few app owners in the past. could you give us some examples which app owners are doing this to post in their chat other app address and tell player to go there and try it?
we are doing it because we know that each player even "pissed of players" will go playing wherever they like and where the money is.

we always wished that MP business idea will succeed and it does not matter if we will be still with MP. but as long we are with our apps on MP we will give our straight forward feedback if needed.

Happy New Year to all

and lets see if someone is old enough to know the title and text of this song :)

Sisters, niggers, whities, jews, crackers!
"Don't Worry If There's A Hell Below We're All gotta Go"

Don't underestimate the power of google. The name of the song is "(Don't Worry) If There's A Hell Below We're All Go" by Curtits Mayfield
(I think, according to this website found on google (http://www.azlyrics.com/lyrics/curtismayfield/dontworryiftheresahellbelowwereallgo.html))

Anyway, back on topic: it's nice to see my investment into the new Moneypot has yielded 2% profit already :)
It was a smooth transition from the old into the new Moneypot. The only thing that could be improved was maybe the free service of transferring bits from the original Moneypot to the new (a daily limit of 1 withdrawal for a single IP?).

hehe when I listened to curtis mayfield there was no google lol

the question was to see who is old enough to know curtis mayfield without google :)

2% yield that is a very nice start

We are pleased to announce we have already passed 1 million bets (1.1 million actually  ;))! We are also nearing 275 BTC wagered. Our bankroll has yielded 9BTC in profit for investors.



After New Years we will be presenting a new promo system. Bets placed now WILL count towards the new system! This is our way of saying thank you to players. Please note that we will be paying for our promo system, and it will not affect investors in the bankroll.

very nice and we are very pleased :)

how will the player feel your promo?

my other question........nah  I am already afraid to ask :)

Happy Holidays

Is this promo system available for every one or just app owners? Speaking of, id like to see some promo intended for app owners, i know, my app may not count for it, but it will be a good inscentive for app owners to promote their app.. And since you guys where talking about featured list, Why cant we just remove that, And put up a solo page for all apps that are atleast domain verified.. You can have it as a leaderboard, or simple directory like dicesites.com.


Just my lil tiny satoshi,
uni

hi uni

they are talking about a player promo that is what I understood.

regarding the featured list i thank you for mentioning it and your proposal gets +100 from us

because it is really easy to take off the list that is right now on the mp page and to do a list like you proposed on a solo page and and start with all verified domain apps and in alphabetical order or like Nico's list.

and finally we get a fair start for all app owners

I am sure you could do this task in a very short time :)

I actually tossed out the idea of a dicesites-like directory but more detailed for MP, so we're on the same page, :).

As for the promo, it's not based on sites, but the network as a whole -- so your site is already included by default! :)

We will be rewarding players for reaching wagered milestones. We will not be offering a promo system for app owners. App owners already have incentive for promoting their apps, as app owners are paid every time a bet is placed on their site.

As for featured list:
The featured list will stay. We will be updating it and removing sites with low volume and putting sites with greater volume on it. Criteria for making the featured list will be released following New Years as well. We will be building a directory for all apps in addition to the featured list however. The featured list is just a way for sites to gain more exposure.

Considering that there are various house edges the players can bet at, would it be appropriate to have fixed wagered milestones? Or do you already plan to take the HE factor into account while calculating the amount for wagered milestone?

HE will not be factored into our promo.


We also fixed proof liabilities so it is up to date. You can view that here: https://www.moneypot.com/proof-of-liabilities.txt (https://www.moneypot.com/proof-of-liabilities.txt)


We are now at nearly 300 BTC wagered, over 12 BTC bankroll profit, and nearly 1.5 million bets placed! All in just a few days. Thanks for the support!

Great to see MoneyPot rocking again. Might want to start make an app myself again soon :P

If you do, please reach out to us and keep in touch! Would love to see a beta, :).

[quote author=moneypot link=topic=1274857.msg13373271#msg13373271

We will be rewarding players for reaching wagered milestones. We will not be offering a promo system for app owners. App owners already have incentive for promoting their apps, as app owners are paid every time a bet is placed on their site.

As for featured list:
The featured list will stay. We will be updating it and removing sites with low volume and putting sites with greater volume on it. Criteria for making the featured list will be released following New Years as well. We will be building a directory for all apps in addition to the featured list however. The featured list is just a way for sites to gain more exposure.
[/quote]


I see ranlo and dogedigital postings and moneypot postings

and again I have to say that I am very interested to know who is behind this answer under moneypot? before I will give my 2 satoshi

with Ryan it was easy to know that we are talking to him

Happy Holidays

Technically, "Moneypot" is a shared, official account. So it depends on who responds. But the responses can all be taken as being official -- in most cases, we've discussed things as a group before answering anything.

i know i am late as i am away for holiday for quite some time. just realise that the old mp acc is shifted to another place and glad that we still can log in with our old acc to the new mp website. it shock me when i first time log in and all my btc gone. glad u all also put annoucement so i can retrive my btc. will continue to invest in your project.

Congrats. Interestingly, it seems most of that 12 btc profit comes from the the JackpotRacer app, in which most of its app profit comes from just one very unlucky whale player MathWhiz.

woa, that is great to know the progress the new moneypot has made. but thx for pointing that out too that it is mainly contributed by one guy. i am investing in it but i will be careful. hope the admin of mp also be aware of it.

There are alot of unlucky whale but most of the profit goes to apps owner as well because they get profit from the wagered amount , JPR should get a good amount with their 2% HE and of course there are some lucky guy to win

yes one very unlucky guy but before the change of owners this guy was lucky to lose 5 BTC and then win about 10 BTC and now lost again. hopefully he will come back and win some or all back. guys that is the name of the game

I know many apps where the owner of the app is doing all the wagering. most of them are dead already. guess why?

a new moneypot app that is not featured can't do a lot of wager volume because MP players don't see those apps. on Nico's list to be up in his list you need to have big wager amounts. therefore a new app owner has no choice but to wager in his own app until he will be seen in Nico's list or maybe get featured. IMO this is not a fair handling for all verified app owners.

You keep repeating the same thing over and over and the new owner has stated that they will not do the same thing like ryan. Also i dont think the sote needs to be featured if it is only a clone of untitled dice, of you want your other site to be noticed, you can put a huge announcement in your JPR game for a whilr until tje new owner featured your site

yes I need to say it again and again because we own some apps ad we know what we are talking about. and my question for you is also the same that I ask all who post this empty stuff. how many apps do you have on MP???

let me see one app owner coming in here in the thread and telling me that he does not want to be featured. yes there will be some app owners who only did the app for himself and his friends and does not want to be featured. but there are many app owners who made an app or more to earn some coins and for those owners the feature option is very important

but how can you know the pain of an app owner if you don't own an app (please correct me if I am wrong)

and I have news for you we will agree to take down our app from the featured list because we like to be fair to other app owners who are not featured and you can take my word for it
and MP new owners are welcome to take our app off the featured list till the new rules are official. lets see how many app owners who are on the featured list will join us?

btw a nice signature you have there

edit:

another app owner posted this (please go back a few sites and you will find it) in regards of the delay of the featured list and he was 100% spot on

Tho as a human being its totally understandable that this changes may not be implemented right away or this very moment because of holidays. But business wise, in this online industry, losing a single day of the site being advertised is a lot, whether it be holidays or not.

The player you are talking about has actually only made up around ~1/4 of our total volume so far. We have had some other players lose around ~1 BTC and we have had several winners as well. Much of the wagering in the gambling industry is done by the whales.




We would appreciate if you would refrain from posting about the featured apps list until our announcement on the changes for it next week, as no changes will be made to the features apps list until then. Thank you for your patience.

Moneypot is the central of this so you guys should better not be terorize by some app owner that wants everything according to their wish. You can always shut their site's access to moneypot and let them open their site by bankrolling it themselves, its getting annoying to see the same complain everyday in this thread , please use PM if you want to complain over and over the same thing

to be frank if needed I will mention it again and again because all the apps that are right now featured could be taken off by a coder in 2 minutes and then all will need to wait with patience no problem with this.

I still would appreciate to know to whom I am talking? if it is always one person so please tell us your nick name or name as in the introduction. or if it is always another person of the team so let us know the nick or name as presented in your introduction.

please read this sentence from another app owner again. maybe it will make sense to you
after reading it more than once

Tho as a human being its totally understandable that this changes may not be implemented right away or this very moment because of holidays. But business wise, in this online industry, losing a single day of the site being advertised is a lot, whether it be holidays or not.

Happy New Year

where have you been when this was posted from a moneypot app owner
https://bitcointalk.org/index.php?topic=1062680.msg12223858#msg12223858 (https://bitcointalk.org/index.php?topic=1062680.msg12223858#msg12223858)

you can always put me on ignore

how many apps do you own?

oh btw thanks for letting us see your nice signature

 to be honest, i also prefer that this thread is not meant to be spammed by constant reminder/warning/pushing of the same thing over and over again. hope to keep it clean and have constant updates to keep the investor or players in the loop.

Same here, i'm pretty sure everyone got the point when it was mentioned the first time. I'm pretty sure almost half of this thread is about the same thing.
I'm looking forward to what you guys figure out, also hyped about what is coming as the promotion! Looking to do some more playing soon

I just created 1 , a clone of untitled dice since you keep signaling that everyone who posted their concern should be app owner, LOL   :)



Oh look, we got 2 people that agree with me that JPR is being stupid by keep requesting same thing over and over again.

@JPR : you should be grateful that they still let arrogant people like you to use their site. You are nothing without moneypot so keep your head off from requesting the same thing over and over at this thread, use PM atleast if you want to do so

We are locking this thread as the conversation has clearly steered away from its original topic.

Please let us be clear.  MoneyPot is on EVERYONE's team. We are aiming to make Moneypot as optimal and efficient as possible while attempting to keep everyone including players, potential players, owners, investors, and app-owners all happy.  

We are constantly discussing ways to improve and adjust as we go along and are currently in the process of making the changes to do so.  Please be patient -- This takes time.

A new official thread will be made shortly.  Please stay tuned.  For anyone wishing to discuss absolutely anything in the meantime, please contact us by PM and we will happily assist you.

All the best,

The Moneypot Team.