Bitcoin Forum

Introducing LetsDice.com (https://letsdice.com)

I have spent innumerable amounts of time and energy doing research and preparation for the creation of this site. I have good reason to believe that letsdice.com will provide the next big investment opportunity in the bitcoin gambling world, ever since SatoshiDice was sold to a private buyer and taken off the market. LetsDice will innovate in the following areas:

Simultaneously support both the Satoshi Dice and Just-Dice styles of betting. That is, both on- and off-blockchain betting.

Shares of LetsDice will pay daily dividends equal to 1% of the daily wagered amount. Shareholders will not be subject the house’s fluctuations of wins and losses. Investors maintain a steady profit. (Although the bankroll of any gambling site will go up and down, the laws of mathematics ensure long term growth of bankroll.)

Letsdice.com will offer a jackpot side game. 0.48% of the total wagered amount will go into the jackpot pool. A player can then win the entire jackpot by rolling the exact lucky number for the jackpot.

The website will employ the use of a “seed user” plus invitation system:

• The first batch of users (“seed users”) will comprise of 127 people. Once there are 127 registered users, registration will be closed and new users must come by way of invite.
• The first 127 users in the system will comprise the main branches of the User Tree. The User Tree will employ a binary tree method. This method will be used to generate the client seed.
• New users will have to follow the invitation link of an existing user in order to create an account.

There will be a referral program in place, where users can earn extra money for inviting more users. More details to follow.

The site will have an anonymous board of directors. Shareholders with more than 20,000 shares (initial price: 0.01 BTC per share) will receive a board seat. Important decisions will be made by board member votes.

Other small but important refinements:

• Built in martingale scripts.
• Enhanced user experience.
• Responsive design. Mobile & tablet device compatible.
• Multi-language interface (English, Russian, German, French, Chinese, Japanese, Korean)
• High-speed, automatic, deposits and withdrawals
• Deposits are 0-confirmation. Small withdrawals are also automated. Large withdrawals must wait for manual confirmation.
• Advanced risk management and extensive backend management.
• Multi-dimensional, extensive data analysis tools will be made available.
• After the dice game fundamentals are in place, we will create more gambling games in the future.

Player Referral Plan and User Tree Dividends

Apart from the first 127 “seed users”, subsequent users must receive an invite to create an account. This is how the user tree is composed.
  -Alice sends an invite to Bob. Bob creates an account and becomes part of Alice’s branch of the invite tree.
  -Any user, including seed users may invite new users. New users join the branch of the user that invited them.
  -Every player’s sub-branches have no limits on the number of users they can contain. The more users you invite, the greater your profit.
  -Players will receive benefits from the 7 layers of users below them. 0.5% of a user’s daily wagered amount (denoted as Y) will be distributed to the branches above them in the user tree.

*NOTE*: the benefits are calculated by the wagered amount, not by the site’s profit, which means, you are not living on other’s losses, rather, both you and your friend have the same opportunity to profit!

In order to receive a daily dividends from sub-users, a player must have a wagered amount greater than or equal to 0.1 BTC for that day.

If the user does not meet this condition, his branch will be skipped (however dividends will still move upwards)

If there are not seven remaining branches moving upwards, the remainder of the dividend returns to the site’s bankroll.

A player can attach an amount of BTC to his invitation link.

By attaching a gift of BTC to an invitation link, a user can incentivize others to sign up on their sub-branches.

Site Income
House Edge

LetsDice.com will have a house edge of 1.98%

This will be distributed in the following ways:

• 1% as site profit
• 0.5% as player referral bonuses
• 0.48% adds to the jackpot

Investor Profit

As an investor, letsdice.com gives you the following ways to earn profit:

Share dividends
Equal to (.75)*1% of total daily amount wagered. Shareholders do not bear risk for fluctuations in the site’s bankroll. Investors will receive a steady and reliable dividend.

Share price increase
As this is a stock that will be paying a reliable daily dividend, we believe that it is practically inevitable for it to become a viable asset that people want to hold (read: higher stock price). The only way for there to be no dividend is for no one to use the site at all.

Popularizing letsdice.com = Profit
New users must pass through an existing user’s invite link. Assuming they use your invite link, you will receive payments based on how much this user (and those he invites) wager. Even if you aren’t a shareholder, you can still make money in this way.

Profiting from other gambling games
After developing the dice game, shareholders of letsdice.com will share a cumulative 10% of equity in new projects created under the LetsDice banner. Shareholders will also receive priority purchase rights to additional shares of those projects.

IPO Details

• Total market value: 50,000 BTC
• Each share is valued at 0.01 BTC, in total there are 5,000,000 shares
• This IPO is the sale of 20% of total equity: 1,000,000 shares, for 10,000 BTC.
• The purpose of the IPO is to guarantee the site’s bankroll can cope with large-sized bets. All 10,000 BTC will be used as the site’s bankroll. Development expenses have already been paid out of pocket.
• Of the 1% of daily amount wagered (calculated by the wagered amount, rather than “profit”):
  
  • 20% will be sent back into the bankroll; (exact percentages may be changed by board member vote.)
  • 5% will be set aside for the maintenance and upkeep; (this percentage will be determined by votes of board members.)
  • 75% will be sent as dividend to shareholders daily.
• 5,000,000 shares is a fixed number - no new shares will ever be created.
  
  • After this IPO, there will be 1,000,000 tradable shares on the market
  • When the site’s bankroll hits 20,000 BTC, an additional 3,000,000 shares will be released to the market as tradable shares, bringing the total number of shares on the market to 4,000,000.
  • When the bankroll hits 30,000 BTC, another 500,000 shares will be released to the market as tradable shares, bringing the total number of shares on the market to 4,500,000.
  • The final 500,000 shares will be retained as reserve funds, in case of dire circumstances (for example, if a whale won big and the site’s bankroll fell below 5,000 BTC). If this were to happen, the shares would be sold at market price. We chose to do it this way to safeguard from share dilution.
  • Each board member must hold at least 20,000 shares (direct shares) for at least two months to achieve board seat status. (Any passthroughs created in the future will not count towards a board seat).
    
    • Items which the board of directors may need to vote on:
      
      • Decide how much of the money the site earns should be funneled back into the bankroll (we will begin by sending 20% of site profits back into the bankroll. The site’s profit is calculated as Wagered Amount x 1%)
      • The house’s maximum bankroll (currently set at 50,000 BTC)
      • What percent of site profit will be set aside for maintenance and upkeep (currently set at 5% - for example, some of this will go to funding bounties for users who report bugs)
      • Max bet winnings (currently set at 2% of site bankroll)
  • This IPO will end September 15th, 2013, 00:00:00 UTC.
  • If the IPO raises more than 8,000 BTC before the deadline, it shall be considered a success. If the IPO fails, all funds will be returned to their original owners.
  • After the IPO is complete, shareholders will be able to transfer them to the various exchange sites to engage in trade.
  • The website will pay a dividend from it’s first day of operation, that is, September 15th, 2013. Once the IPO is completed, we encourage shareholders to create passthroughs on the various bitcoin stock exchanges.

---

How to register shares

1. Send money to the following address: 1LDipoYVWA7UsFzWrrcXUGLnsXWuYaJB9f.
2. Make sure you send from an address that you fully control (NO SHARED WALLETS! DO NOT SEND COINS FROM ANY EXCHANGE!), as your sending address is where dividends will be sent.
3. During the IPO period, we shall only accept sales of equal to or greater than 1 BTC, sent in whole integer amounts (For example, you could buy 100 shares for 1 BTC, or 200 shares for 2 BTC, but could not buy 123 shares for 1.23 BTC)
4. Non-integer amounts of BTC will be refunded.
5. If the balance of the address exceeds 10,000 BTC, all coins in excess of 10,000 BTC will be refunded.
6. If the IPO succeeds, for the one week following it being closed, all new deposits to the address will be returned. After the one week, any more BTC sent to this address is sent at your own risk.
7. Refunded BTC guidelines: any deposits to be refunded will be returned, minus the miner’s fee, to the first input address from the transaction (so only send BTC from an address that you fully control)
8. You must sign a message containing an email address, proving that you own the address that coins were sent from. Your dividend address and email address will then be linked. Email this message to me. (find my email just below)
9. Receive a Google Authenticator 2-factor authentication code

Contact Us

At present, we only communicate through email: martin.gale888@gmail.com

Who are you?

Call me Martin, please. I’m nobody. I first began mining bitcoins in early 2011. I was never active on the bitcointalk forums, but I am a lurker, and because of this, even my earliest bitcointalk account is still only “Jr. Member” status.

Why should I trust you？

Because I would like to maintain anonymity, aside from my project itself, I don’t have anything to say to you to prove more. So, investing in this project is taking a leap of faith -- at present, there’s no other way.

What risks are there?

In theory, of course there are risks. An anonymous poster reveals his business plan, provides a payment address, and asks everyone to “just trust him”. Then this anonymous person disappears into the night, taking everyone’s coins with him. This is the classic story of bitcoin scams. All I can tell you is: I believe that the long-term value of letsdice.com will be more than 10x greater than the 10,000 BTC that I am looking to raise with this IPO. This is my nature: I honor my own work.

Another dice game?

Yep. Dice games are the classic bitcoin gambling game. It essentially shares the same basics as other dice games. Where it differs is that letsdice.com plans to build several improvements upon these fundamentals. Once the dice game has been perfected, we will focus on creating other games.

Why are you more qualified to build this site than others?

My expertise does not lie in programming, but rather in business operations. I know how to build a good project from the ground up, and more importantly, I know how to guide my projects to natural growth. Please pay more attention to the Player Referral Plan.

What kind of major expenditures does this project have?

No significant expenses. An online casino, aside from initial development costs and web hosting, will have no large expenditures. The reason for this IPO is to bankroll the site. The main expenses will be web hosting, bounties for bug discovery, etc.

What will be the done in case of your injury or death?

I have a backup plan in place to ensure that in the event of my becoming incapacitated, my colleagues will be able to carry on the operation of the site and control of the site wallets.

---

Again, if you have questions, comments, or concerns, please get in contact with the LetsDice team via email: martin.gale888@gmail.com

---

Update - September 13th - New Bankroll Info

1. About the Bankroll

a) The first 10,000 BTC bankroll belongs to the shareholders of the initial 20% of shares released.

b) These original IPO shares are specially noted and traceable (so we know who owns IPO shares)

c) Every time the bankroll increases by 10,000 BTC, we will send 2,000 BTC back to the shareholders who bought in at the IPO. So, when the bankroll reaches 20,000 BTC, a payment of 2,000 BTC will be spread among the original 1,000,000 shares.
i. Bankroll: 20,000-2,000=18,000
ii. Bankroll: 28,000-2,000=26,000
iii. Bankroll: 36,000-2,000=34,000
iv. Bankroll: 44,000-2,000=42,000
v. Bankroll: 52,000-2000=50,000

d) In this way, when the bankroll hits 50,000 BTC, the original shareholders will have recovered their investment, while still retaining their shares. The entire bankroll belongs to the shareholders.

e) The initial bankroll is planned to grow by [wagered amount x 1% x 25%] (although this will be decided in the initial board member meeting). Board members may decide in the early stages to increase this percentage to allow for faster bankroll growth.

f) If the bankroll drops below 5,000 BTC, we have the following plan (which we hope we will not have to ever use!)
i. We will sell the necessary number of shares at market price to bring the bankroll back up.
ii. The IPO shareholders will have first preference to buy these shares.
iii. This 5000 BTC bankroll is also the property of all shareholders, and will follow the aforementioned restitution plan (i.e., 2,000 BTC back to the original shareholders per 10k raised)

2. Regarding the Board of Directors
a) To become a board member, one must own at least 20,000 shares and hold them for more than 2 months.
b) Any given shareholder may only have one board seat, regardless of number of shares held.
c) The LetsDice team has only one board seat (although we retain a veto power)[/list][/list]

Asking for 10k BTC with no reputation is quite ballsy. I'm interested in investing, but it seems really risky at this point.

Edit:

If I understand it correctly, the ownership of shares is determined by my BTC address. Whats your plan on making the shares tradable? Is it enough to message you to transfer my shares to another address?

Edit 2:

According to the IP of the server, the operation is running in Japan. In either case, have you considered legal concerns? Whats the regulatory framework regarding gambling in your country? (Or the country where the operation is running for that matter).

Your effort in getting the site operational is not worth 40,000BTC.

I'll pass.

Hi Pascal257,

Thanks for the questions. We decided not to put our shares up on the exchange sites at the beginning, instead opting for an AsicMiner style direct share sale. We encourage shareholders to create passthroughs on exchanges in the future.

We have considered legal concerns, which is why we are choosing to remain anonymous at the moment. Our server space is currently in Japan (however we are not located there), but we are currently in the process of hosting the site in a country where online gambling remains legal.

“A better investment than ASIC chips!”

Being one of 10+ dice-sites online, from an unknown member and asking for a starting valuation of close to 1/2 of Satoshidice at exit? I am wondering if OP has delusions of grandeur or is plain crazy..

Even IF OP was known, site is a smashing success etc. the starting valuation is absolutely 100% wildly out of the question for me.

Good work! Martin!

I've been waiting for a long time.

And now, I'm happily moving my coins...

We are currently finishing up development and running internal tests using testnet coins. The public beta of our site will open on September 10th, at midnight UTC. Until the site's official opening on September 15th, bets will be made with play coins. We will not allow real money to be wagered until the site has undergone this brief public beta period.

Also, during this time, users are encouraged to report bugs they may find while testing the site. If you find and document a bug and tell us about it (via email, please do not post publicly), we will pay a minimum bounty of 0.1 BTC, increasing depending on how big of a bug it is.

Ok, I sent you a bitcoin so I can be your first shareholder:

https://blockchain.info/tx/24cc2259b70466b9bf8c15894ee5c7aee1eae0a20c9222d6456b126e522ab492

Good luck everybody!    ;D

Seems that you're the second. :)

Nobody knows you.  Good luck.

So basically a wordy rehash of the "send BTC to this address" scam. Shouldn't you be in Jita?

Your skepticism is always appreciated, MPOE-PR. Wait until the public beta opens, you can try out the site and see for yourself.

invested!

http://blockchain.info/tx/0f8e037c4460340fdb9b1e17700e8804cb7b06adfc2bce66c30d1d4750c067a9

Less than 2 hours old, 4,510 BTC invested.

I suppose we Bitcoiners live life on the edge.

Except that it's quite likely the only big investor is also the site owner...

There was 10BTC invested, I refresh 10 minutes later 4510BTC  :o

I promised to martin that I'll invest that amount when he's ready.

celeste is one of towtoad's handles.

what is your history o making websites and managing businesses?

tell us why we should trust you with our money, your a BRAND NEW account asking for a LOT of money.

If he is, I hope he isn't hosting it at the same internet cafe that he stole lost 1300 coins at back in July. (see the just-dice thread for details)

I won't go into specifics, in order to preserve my anonymity for now, but I have created several small-scale businesses over the past several years. I consider none of them a failure. Some were more profitable than others, but I believe I have what it takes.

Trust me if you like, no one is forcing you to invest.

Just so you know, this OP is celeste/nakowa/cici - of Just-Dice infamy.  This is the guy who won big (like 5000 BTC) and then when Dooglus made an error and left 1300 BTC in his account after a withdraw, he gambled them away.  Then made up a ridiculos excuse someone got access to his labtop and did it, not him.  How does he thank Dooglus for not only not holding it against him, but letting him invest on the site after he stole from him?  He makes a copycat site.

Sorry, but celeste/cici/nakowa/Martin Gale is a piece of sh*t. Anyone that gives your coins to someone who has proven himself to be dishonest deserves to lose them.  And anyway, besides that he cannot be trusted for investors, who would play a 1.98% house edge dice game when there are 3 established (and reputable) dice games (Just-Dice, Primedice and coinroll.it) with 1% house edges?

Here the article of the incident: http://www.coindesk.com/bitcoin-gambler-cheats-satoshidice-competitor-just-dice-out-of-1300-btc/

Nobody knows you.  Good luck.

I'm not. Martin is.
I invest.
I gave up my own site development, towtoad.com

Wow, this blows my mind. The coins for the large investment do indeed originate from Just-Dice.

So Celeste is bankrolling Martin with JD winnings? LOL bitcoin!

More than one thing about this 'IPO' that smells pretty damn fishy in my opinion.

Um...quote

I love how someone new acquired 225 BTC from just a fancy worded post...Man makes me think I should do that.  ::)

As for celeste, go to hell you still owe 1300 BTC.

Hey there, I'm not going to remember again the issues involving nakowa and just-dice. Instead, I'm going to focus in your preview images.

I take that the current site is not only a couple of some preview images, but that there is an actual working version that is not accessible to the public. If it is not the case, no good professional (as your site claims) in their right mind would consider only 5 days for testing it. So, resuming, the site is running and those screenshots were taken from that secret running version, right ?

In your first screenshot at https://letsdice.com/img/1.png:

• You wrote "BET COUNTS" instead of "BET COUNT"
• The payout at top left shows "1.97979798", but the table below shows "1.97979797"
• Both bets shown were winning ones, but one of them shows profit in green and the other one in red (also, one shows -0, and the other +0)

On the current /img/3.png, you wrote "WhenWhen" instead of "When".

All these quick observations regard basic stuff, which can be fixed very quickly and easily. But the fact that these mistakes are so obvious makes everything much less credible to me. I find it hard to believe that there is an ready site, made by professionals, which is ready to go.

Can you clarify why these mistakes are there ?

Martin?

Towtoad，I think you could just step back as an investor of the site ,not the developer of the site. There are many Jd players thought the letsdice is yours,and they "hated" you ,because you win a lot from them :) . So, maybe there are more people will buy the IPO

Why should players play at your site if there are several sites with 1% house egde?

Hi knowitnothing,

You make some good points, thank you for bringing it up. Our core dev is not a native English speaker, which would account for the text mistakes. As for things like bet color displaying incorrectly, or the odds rounding differently in different places, these are the kinds of things we are working hard on ironing out this week.

Hi eltopo, we could have gone with a 1% house edge (which is what is set aside for investor gains and growing the site bankroll), but we decided to use the additional 0.98% to fund the jackpot and the referral program features.

To your question, I offer a counter question: Why do people still play on Satoshidice, when they can find a lower house edge elsewhere? Maybe it's because they perceive SD to be better. We aim to be better, too.

What if the IPO won't successful 8 days later ,what would you guys do?

SD was the first one around and is a big name, I guess most of SD players even don't know other sites. You inevitably need players, they are your customers. With only a few players there'll be not much profit, not for the site and not for investors. I don't think you'll gain much attention from players with a nearly 2% house edge, but that's just my 2 satoshis.

Hi David,

It's in the original post. If we do not raise at least 8,000 BTC by the termination date, we will refund all deposits.

I mean , will you find another way to finish this project?

If it really is 1.98% then your preview is broken even more.

At 1.98% edge, the payout at 49.5% win chance should be 1.98020202.

A payout of 1.97979798x (if you round, or 1.97979797x if you truncate) at those odds requires a 2% edge for that game. I know this is trivial stuff compared to the other issues people are mentioning, but...

Can you tell who constitute your team of developers ?

Your valuation is absurd.  Do you have any real world data (market research etc...) to support even a small fraction of what you're asking?

Yes.

This is so suspicious it is not even funny.

I have a feeling these investments are flawed, but if they're legit I have officially lost faith in the Bitcoin community.

Martin Gale：
               Could you pls introduce the core member of your development team,such as expertise background\reputation record\ . Annoymous is ok, but we need to sure you are qualified to run the excellent business .

Keep in mind out of the 5145 funding the IPO, 5100 BTC he is self-funding under an alias nakowa/cici/celeste

no, mine is 4500BTC.

however, if at the end of the day, funding is not up to 8000, I'll buy them up. :)

Why did you even bother with an IPO if you were going to just take up the vast majority of ownership? Why not just seed the project privately?

Call this IPO, Individual Portion Offereing. Yes to individual not public

Why the HELL would anyone do an open-IPO when 'a friend' is pre-subscribed for 8.000 BTC? This 'IPO' is so full of scam/strange.

Good point

take care of your own labcoin, please.

:)

I even gave up my own site (towtoad.com), which means I have a great confidence on letsdice.com.

BTW, I won another 200+ from JD today. and will spread 100BTC, 1BTC to each of those who invest 10BTC on lestsdice.com.

:) wait me figure out a way to do this.

congrat!

edit:
From now on! 100BTC, each 1BTC for those who invest 10BTC on letsdice.com!
I'll send them respectively tomorrow.

Towtoad, assuming you aren't the alter ego of the OP, why would you provide nearly all of the capital to fund the project (8000BTC) for only 16% ownership? There must be more to the story, no?

I think some of the ideas presented in the offering are novel and I'm interested to see how might they affect player behavior, but even if I knew the parties involved personally I don't see any justification for the proposed valuation.

Promise is promise, I will invest 10 BTC

Thats why even 'ScammerZhouTong' can't block the access of gambling in SD with his DDos. Oh hey, have you bribed him yet totoward

Promise is promise.

I'm interested. I will in.

Very good!

I'm sorry but a brand new user named Martin Gale asking for the equivalent of $7 Million dollars to launch a dice site? That's nearly the sales price of all of satoshidice. This has to be some sort of joke. I'm willing to wager that this is the just-dice whale that scammed and realized he couldn't open up a casino with his reputation so he spins it off and now is just trying to go for a quick cash grab, in fact I'm 100% sure of it. Otherwise this is just a late april fools joke.


To generate 7 million dollars of profit which is what you value the company at currently, you'd need to receive $700M worth of bets assuming a 1% edge. If half of all bitcoin users went all in your website you'd reach your worth.


This all goes without saying, why does a dice site need 50,000 BTC to operate? SD itself started with 65BTC. If you invest in this you deserve the consequences.


Valuation is a joke, owner has no reputation and this is surely a scam.  

Okay guys...this dude won 4500 BTC. He could not stop...he said he stopped...oh look he won another 200 BTC today...even if hes legit...HES A DEGENERATE GAMBLER. He will gamble with your coins should he lose quite a bit of his own. Your coins are not safe here. Plus this is a scam anyways.

 ??? ??? ???

Yes you will be able to publicly account when he steals all your bitcoins.  Does that make you feel better? lol

I'm not sure how a thread from a total unknown asking for thousands of BTC for vapourware has got to 4 pages.  Surely there's nothing to actually discuss.

I assume your valuation was a typo. More accurate valuation 25BTC.

WTB 200,000 @ 0.000005 BTC/share

:)

So only 10, 000 bitcoin will be used for bankroll meanwhile he will pocket 40, 000 bitcoin. Well because why not? Why not just pocket $6, 000, 000 for launching a website lol.

Its all scam speculation!

Promise is promise. SENT

1 for 10
http://blockchain.info/tx/aee64290179016c758ecee3a8374481934c7c82d2bb11a5b9f612d16c88b06c2

2 for 20
http://blockchain.info/tx/21d338a4d68cd621a56fc86bb249403e63ed0dad39eb162f0f7c6248e9a94a7b

Hi JohnyBigs, I think you misunderstand.

LetsDice has 5,000,000 shares. This IPO is only the release of 1,000,000 shares, @ 0.01 BTC per share. We are not trying to raise 50k bitcoin immediately.

JohnyBigs may mean IPO 10,000 bitcoin for 1,000,000 shares,and in total 2,000,000 shares should be better!

here's another 2 BTC for someone invested 20 BTC on letsdice.com

https://blockchain.info/tx/0990bd19d9a669c10a803f7356d2796193039b3924a37e8219a47ebfb035dc27

Someone just invested 200BTC.

As promised, I send to him/her 20 BTC.

https://blockchain.info/tx/cf7220acb450324075785e85f1dc76d4b5fe18e75c5aa2feb61c8ed4d891ad9e

Someone just invested 100BTC.

As promised, I send to him/her 10 BTC.

https://blockchain.info/tx/2c89db197fc9794ca149ee2a55f0b077be14f56784df112a57d85d7dc24c26a2

Someone just invested 20BTC.

As promised, I send to him/her 2 BTC.

https://blockchain.info/tx/f56dbc8ac4175b1df9ab18bb8e5e1ca0890d74d492b6cf1d5d4d013dee5e334a

Your 1.98% house edge might keep some from playing there they stand to lose a lot more than some other dice games.  Valuation seems way too high also.  You must expect to see as much action as Just-Dice with a house edge 2x higher, and no real benefits over it.

Invested 8 BTC earlier and missed :(.

Nakowa, you are such an scumbag.  You are matching investments to yourself.  Dooglus should confiscate your investment if you have the balls to re-invest at just-dice after first stealing 1300 and now running a scam. Unfortunately, unlike your pathetic ass, Dooglus has honor and would not do so even if justified.

Having said that, any moron who actually invested, deserves to lose their coins to this scam for blatant stupidity.

The fact that dooglus continues to allow him to play, and win, at just-dice is a testament to doog's trustworthiness.  That, plus the better odds is reason for people to play at just-dice and not on nakowa's sketchy site which doesn't even exist yet.  That is *IF* all of this isn't a giant scam, which it probably is.

Like a true ponzi scheme, he may pay out a few people in the first few days.  After that, you can kiss your coins goodbye.  Casinobit and pirateat40 redux.  So at best, the odds suck and there is no reason to trust the owner.  A better alternative already exists.  At worst, it's going to be one of the biggest scams we've seen in a while.  Quite a shame either way.

Nakowa just paid himself on his own investment..?

LMFAO.. You may be rich.. But the people here are not retarded (well, most) and they see right through this shit.

Martin Gale is not only scamming people but also spamming. I've got an email from him selling the website, however I've never revealed my email address to anyone on the forum. Martin, how on earth did you get my email address?
http://img02.taobaocdn.com/imgextra/i2/248352972/T2HgVbXyhXXXXXXXXX_!!248352972.png

Someone just invested 100BTC.

As promised, I send to him/her 10 BTC.

https://blockchain.info/tx/ca8b2256c99d3219f8b540d80f59b07479fcb478396fdc7f1b2a31e7c8a8332e

53 BTC left to spread out.

Nakowa, send me 50 btc 1BkcBNxVGrYhA1aGjiYRZkJr1Weh6Qs2KS for good luck karma for your investment.

:p

I'm impressed :o :o :o :o :o :o :o :o :o

This smells too much like a ponzi for me, nonetheless I wish you the best of luck.

Someone just invested 10BTC.

As promised, I send to him/her 1 BTC.

http://blockchain.info/tx/edccde0debfaca6e01653c260e6517b90ab186c0b8cdb210348e3aaacf9e8753

Someone just invested 200BTC.

As promised, I send to him/her 20 BTC.

http://blockchain.info/tx/6328cb1e24e1db2468129c8eb9142f1591b941636abf389fb8976fc3c50832f0

32 BTC left to spread out. :)

But he has a fred durst avatar, what could go wrong?

A bad tongue could call this a ponzi scheme

Someone just invested 2BTC, and claimed he/she invested 8 yesterday.

As promised, I send to him/her 1 BTC.

http://blockchain.info/tx/27ce31a0044dc747781a6d1b17032a7e006ac6057030a12a36f6f4bb4bd11cbe

31 BTC left to spread out. Smiley

Promise is promise
Done!

here: http://blockchain.info/zh-cn/tx/2c89db197fc9794ca149ee2a55f0b077be14f56784df112a57d85d7dc24c26a2

SO... Promise is promise.

Done!

Someone just invested 10BTC.

As promised, I send to him/her 1 BTC.

https://blockchain.info/tx/c561c3229566a2d9834f4e1808f9934f11ff179718941bf4712a24d9bf183f17

30 BTC left to spread out.  ;D

OK, missed the second 100BTC, now 10BTC sent. :)

Your market evaluation is way off, Without any profit OR any tests, you are already asking for 10,000 BTC....  Your site seems good though, Can I Reserve myself to be one of the first users?

Someone just invested 300BTC.

As promised, I send to him/her 30 BTC.

https://blockchain.info/tx/c7e8354cfce437f6b224c3942d86202577fe43d6459c050d3e76a678bd46fd3d

spread out more than 100BTC. if this guy invest that 30BTC again, I'll send him another 3BTC.

Cheers! letsdice.com got now has 6,268 BTC invested within 2 days.

coins are out. :) you won't miss this opportunity simply because you didn't get the rain.

Last 3 free coins are sent!

https://blockchain.info/tx/224a7a86d6c9baaa450318b79c9070c712ea813858fa54c1f628d36e209e09a4

Cheers!

It's stupid shit like this that makes bitcointalk worth reading. Whenever I get depressed I think "but hey, there's people in this world who believe random month-old shill accounts on dumbasstalk" and feel better.

Ponzi would be proud about this. Over 6k BTC is quite the scam.

It not that impressive, over 5k are his own coins he transferred from J-D alone.  Maybe he did manage to scam some but the idiots deserve to lose their coins for being stupid.

Around 4,000 to 5,000 of those coins belong to towtoad/nakowa/celeste/cici.

However it looks like he raised over 1,000 bitcoin from investors (unless he was making that up, and just a few people actually invested and he sent himself money)

EDIT: It's also somewhat likely the OP is in fact towtoad too. The OP is a business guy outsourcing the development, and towtoad is also a business/investor guy. But I am not certain that the two people are the same. (If so its a very elaborate IPO where towtoad is providing 95% of the money anyway. Why bother with this thread? Unless towtoad is not the OP) But yeah I am not sure.

It's pretty much all his BTC.


Because anyone can scam, scams have no barrier to entry. That means the competition is atrocious, which drives the margins down while increasing capital costs. That means they need more and more of their own BTC (seen above) for less and less income. This last attempt is characteristic, in that it took ~6k BTC from the "business" to generate < 100 BTC in "investment". Which isn't (at least usually) all gravy.

With an ounce of a clue he could have made more by being honest, which incidentally is always the case, it's just that scammers have little clue and little desire to learn, otherwise they'd be crowding -assets rather than falling over each other in 1500 page long threads about watching MtGox/Asicminer/whatever.

In a sense scamming is not much unlike Bitcoin mining, in that a desire to get something for nothing drives people into the unsustainable commoditization march. Soon enough we'll be having people offering the whole palette of scammer "services", from shill posting of "certified" quality to "Bitcoin verification services" where you pay some guy a Bitcoin to move 5000 of them from an address of his to another address of his and give you something signed with that latter as if it were yours. On second thought...we already have these, don't we.

If we know this is nakowa/cici/celeste how is he not wearing scammer tag yet? He sure deserves one for what he did during his Justdice "era".

I invested... but no free coins. >:(

So how are things progressing the "50.000 BTC PhotoShop" IPO?  :o

Badly Photoshopped, btw :) (see my earlier notes on those)

Did anyone call you a scam, and warn others NOT to invest your labcoin?

I DID invest labcoin, but SELL OUT all. You happy with this?

Wonder if there's a bitbet on this...

so crazy~~~~~~~~~~~

It's a crazy world, right?

i am hiring a web developer. apparently even with a bad reputation you can amass a years worth of currency in a few days.

Genius. The OP does not even understand probability and thus gambler's fallacy (https://en.wikipedia.org/wiki/Gambler's_fallacy), and still he has the balls to create his own "dice" site, which he is running like a ponzi.

And people is investing in it, its really true that greed is so powerful that scammers will never run out of work. Never.

OP: you did not find any "hole". You are just playing Martingale with a big (thousands of coins) bankroll. If you play long enough, you will lose. That's it. And that's why some investors are begging you "to please go on playing".

Then, you are an untrustworthy scumbag. You are so dumb you think Martingale is a "hole", you indeed think you have found a vulnerability, and you are selling it for 111BTC (https://nakowa.herokuapp.com/). That's a scam of the lowest kind.

Hard to get too upset with him though.  He is a known scumbag and thief.  This is a blatant scam.  Anyone who loses coins to him in this scam would have lost it elsewhere in another scam. 

Is the beta available somewhere ?

Now that's a point.


Especially if this amassing consists of moving your own coins from an address to another.

Actually, nakowa is good at math, he understand gambler's fallacy. What he was trying to explain is there are do have risks for the site , but he found it's hard to explain clearly .

Also, he is reasonable and not actually a gambler. He said he was trying to never bet in the JD.

just let time speaks, we all actually misunderstand nakowa.

It's slightly delayed, it will be up within a few hours, though.

So, let me gets this straight:

- he understands gambler's fallacy, but he plays Martingale and thinks he will never lose using that strategy, and thus j-d has a flaw.
- he is not "actually a gambler", but he has been gambling compulsively (multiple bets per minute - 50k BTC wagered!!!!), and he openly admitted he couldn't stop when he saw his "strategy" was a winner

Yeah - seems legit. He's definitely great a math and not a gambler at all.

Yeah yeah ok Nakowa is not a gambler and is good at math.

Except he says a certain pattern of WLWLWLWL must be more popular, which is false. And he is a gambler because he wagered 50,000 bitcoin on Just-Dice. He even admitted to being addicted at one point and how its hard to stop. He even got dooglus to put a block on his accounts so he couldn't bet.

I have nothing against Nakowa but what you just said isn't even true, he admitted on chat that he was getting addicted, where is your facts coming from?

it's money, huge amount of money, and yes, WIN or LOSE, it gets people addictive. :)

for those who ask me "would you play again?", the only reasonable answer they can take is "IDK".

We agree that you are a gambling addict, the funny thing is that despite you openly admitting it there was someone in this thread saying "Nakowa is not a gambler".

OK, nakowa is a gambler ,whatever, you are right, you argument wins mine.

read this sentence again, word by word, please :)

for those who ask me "would you play again?", the only reasonable answer they can take is "IDK".

The public beta (test) would come out within an hour!

email verification not working

Same here.

Site seems to be running (in beta-mode, with fake-coins). Not sure what the purpose is for setting an email, but that part seems to need work ^^

Furthermore: Betting hotkeys (at least, I presume that's what they are) are active while the chatwindow is open and the chat-input-box is selected, making it impossible to type out certain letters.

Next edit: The bet graph is a nice touch, but there is no information value in connecting the different dots with a line, since there is no correlation between two consecutive bets (unless you believe the gambler's fallacy to be true, of course).

Site looks good; could use some tweaking with the auto-bet functions. Setting and changing a max bet, max win, max loss seems like they should be options, not required

Same situation

A lot of interesting different errors appear, if you don't use correct URLs:

https://letsdice.com/img
https://letsdice.com/img/
https://letsdice.com/test
https://letsdice.com/test/
https://www.letsdice.com/test
https://www.letsdice.com/test/

If you need invitation link

https://letsdice.com/?invite_info=9.1378943602.e3a1968745c0183b63b4b990322e2657

More invitation links: ;)

https://letsdice.com/?invite_info=103.1378949662.18a9f941af42c43f59b951acf1f0cfb9

https://letsdice.com/?invite_info=103.1378949673.79c76307f98a487a56227afa0be201bd

https://letsdice.com/?invite_info=103.1378949778.733e9069805e50e6797bb0052d523dcf

https://letsdice.com/?invite_info=103.1378949783.27d2a55d8932a069e420175c40a4cf0b

How is being addicted to a game you always win in the long term a problem?

Hi guys,

Here some invitation links (each one can be used just one time). help yourself!

https://letsdice.com/?invite_info=175.1378957237.47c81e99d159ac50445acf6887beade5

https://letsdice.com/?invite_info=175.1378957262.0832bf3abf609d14bf5055549c483315

https://letsdice.com/?invite_info=175.1378957267.ed24ce69cce1160b49812f17499ee9e9

https://letsdice.com/?invite_info=175.1378957274.6156147d10b4bfd2c52eaf34d488cf34

Site looks pretty good.

Any "SCAM!" accusers care to change their tune yet?

Thanks for the invites.  Here's a few more:

https://letsdice.com/?invite_info=184.1378957944.39ebcab7ebe5ce02ae4ee110e2a3233f

https://letsdice.com/?invite_info=184.1378958031.8a802e5176b619c094e7d3ed5057489b

https://letsdice.com/?invite_info=184.1378958036.5e64798afbe5de19eaa66135ef808689

https://letsdice.com/?invite_info=184.1378958046.00bd6eb8c9793fffa89d64065180bb22

https://letsdice.com/?invite_info=184.1378958054.199313c69e537f7eed63decc2b84cec6

Here are some invite links if anyone wants to give it a go, as mentioned above can only be used once.

https://letsdice.com/?invite_info=189.1378959395.c527a9ceeebb33f7f4457c5d42302f50

https://letsdice.com/?invite_info=189.1378959429.7799b5f69071a80bd13ef70aaa361a5d

https://letsdice.com/?invite_info=189.1378959429.7799b5f69071a80bd13ef70aaa361a5d

https://letsdice.com/?invite_info=189.1378959448.b331a2be91497c062f6d04b569873826

Here are some invite links  :o   邀请链接！欢迎猛点！
https://letsdice.com/?invite_info=104.1378962220.47d93f9fea21432d9c95e806b0cab844

https://letsdice.com/?invite_info=104.1378962336.5cf3dca0ef97272f479aa2a8fb649c64

https://letsdice.com/?invite_info=104.1378962344.e22707f96d92aed071350e0cbd8242a8

https://letsdice.com/?invite_info=104.1378962352.b285d4dd7c53cb59e3045a45debdd3dd

https://letsdice.com/?invite_info=104.1378962376.91edff961fc08e0bd686ac133e8a19af

https://letsdice.com/?invite_info=104.1378962385.3079152787b37d8219c1679b85705990

did justdice itself or a winner from there invest 4500 into this venture?!

towtoad had a bankroll of 7,000 btc and won 4,000 more from just dice.

So he won 4,000 from just dice and is using that money to invest here.

some invitation link for try letsdice

https://letsdice.com/?invite_info=154.1378963675.f55d6ae41894800c9c6e07fec252be1c

https://letsdice.com/?invite_info=154.1378963688.12ee034e1a9972e72050919b8345f359

https://letsdice.com/?invite_info=154.1378963697.20f21e5da630d239a2594e813dc909f6

https://letsdice.com/?invite_info=154.1378963704.41a62478a69e92c158fdaaf12901cf46

https://letsdice.com/?invite_info=154.1378963711.6dd5983d322aa9ee60187ca7bd4c1438

https://letsdice.com/?invite_info=154.1378963721.8edb3ac53385492dc50f2b449c03eef7

https://letsdice.com/?invite_info=154.1378963727.d766a43d2154a4d93e1ec02b599a1a6d

https://letsdice.com/?invite_info=154.1378963727.d766a43d2154a4d93e1ec02b599a1a6d

https://letsdice.com/?invite_info=154.1378963743.19ab334290eff15f23d01e5a0e924d85

What market will the shares be traded after IPO? I suggest BTCT

Also if anyone is interested. A wagered of 5,000 btc per day will return 25% - 27% per year to the investors.

Which is not all that much considering there are bonds paying in the low-20's per year (as well as CoinLenders), with considerably less risk.

Perhaps and perhaps not. We don't know what risk Coinlenders has because TF has not had a negative run so far. What happens then? Also wagered might be more or might be less than 5,000. I have a feeling that the first few weeks will be really good for them. But this type of investment is long so I am not sure what to think. Its got a higher edge than JD so will it survive in the long run?

Anyone else have any opinions?

I'll assume all the invite links posted yesterday are dead, here are 4 more 1 time use codes.


https://letsdice.com/?invite_info=189.1379019038.ab53339dade200343aa691deef402976

https://letsdice.com/?invite_info=189.1379019049.ef9bef4533632f6ab059e3ad52317128

https://letsdice.com/?invite_info=189.1379019055.e36bfb8cf0fb546c1e602ceb77f144c2

https://letsdice.com/?invite_info=189.1379019064.484b698fbaecd30d4d59ef5dc13b2b48

 new-born invitation babies! ;D

https://letsdice.com/?invite_info=104.1379043435.55d475cd16d09dd2353affa4883e4613

https://letsdice.com/?invite_info=104.1379043451.2fc15e8c7699833346e6801f6e01fe06

https://letsdice.com/?invite_info=104.1379043456.cec63147712145801cb7c895acf378c1

https://letsdice.com/?invite_info=104.1379043460.e7494bf5bd59994b3b07aae15197ae6e

https://letsdice.com/?invite_info=104.1379043465.9f6821d6895d32825a2c00f11b193b6f

https://letsdice.com/?invite_info=104.1379043470.ca0db25d31a0ab3bbe4837dc5b08db21

https://letsdice.com/?invite_info=104.1379043475.fbcb0219c881f948dd0b75794ee6c2d3

https://letsdice.com/?invite_info=104.1379043481.6a639cd654e6cd56c870ed45c04937e3

https://letsdice.com/?invite_info=104.1379043486.3f9b259f7506facbdcff7ef553d94527

https://letsdice.com/?invite_info=104.1379043491.3b8b0dfad003442a7f865615cdd0ffee

I am happy with the public beta... I once was worried about my investment, though

Why the fuck can each link only be used once? That screams spam. And also you can't conveniently advertise the site in your signature. Doesn't seem like a bright idea.

Not only can they only be used once, but they expire in 24 hours if they aren't used.  Here are a few more:

https://letsdice.com/?invite_info=189.1379100958.ecbb23ba5c64afd4354ec4a57edec623

https://letsdice.com/?invite_info=189.1379100966.327420f1db3ee4c34e64671d8d1cfdf1

https://letsdice.com/?invite_info=189.1379100974.0c7d7832be390490d6ddd0f60032065c

https://letsdice.com/?invite_info=189.1379100981.063879b441eb6f21af7b01d9d1e84a36

Updated the OP with more info about the site bankroll.

Are we really suppose to believe there are more than 10 bets a second on this new site?

I really like the site. As a mildly experienced just-dice player I have to say the site looks professional (minus a few small bugs) I really like the built-in martingale feature. Or maybe better to call it auto-play with pre-set parameters? Either way I can see this as one reason people would play here, also the jackpot feature. I personally think this looks to be the best designed of all the recent new dice sites.

 I do however believe the house edge needs to come down. I think it will just give people a reason to stick with other sites long-term.

IPO seems over-priced but may prove reasonable within a few months.

Some questions I have so far are, what do I receive when I send you BTC to prove I own shares?


When will dividend payouts start?

Do you have any plans of selling the company later and what's the plan for shareholders if you do?

Sorry if I missed this info somewhere,

EDIT: Found some answers on first page

Is this site worth $6mil yet?

That is because there is 1 bitcoin test fund and fast automatic betting.

If you need invitation link, click below

https://letsdice.com/?invite_info=9.1379127082.ebc1ecef42f7121113c475a102418c81

https://letsdice.com/?invite_info=9.1379127231.1fcbc79f68aff2422d3af54922d5a02d

https://letsdice.com/?invite_info=9.1379127254.b133a27f52861df16dfdad1a76c24cfe

https://letsdice.com/?invite_info=9.1379127260.b44aba1230302d484f2e6051203d08c3

6 million is ok, but ya know what would be really cool? 6 billion! LOL

Edit: I actually took a look at the site and it seems solid. The graph is cool, but perhaps with an option to collapse it so it's easier to see the chart. I found myself having to scroll down each time to see the results chart. When I dice, I dice with dooglus, but nice job with the site.

This whole thing seems so sketchy.  So in 3 days, they have 100,000 BTC wagered?  And that is with the highest house edge out there of 2% (double that of Just-Dice, Primedice and coinroll.it).  I am going to laugh my ass off when any idiots who fall for this scam cry like babies.

But hey the anonymous "Martin Gale" with no prior rep or posts beyond a couple weeks ago is the OP and it is endorsed by Nakowa/celeste/cici/towtoad a known thief, scammer and all around scumbag.  So funny.

I don't disagree overall, but I think the amount wagered is from test coins. I had 1BTC in my account automatically when I clicked one of the links above.

True, started at 1 BTC and I have now 30 BTC wagered that is because of the fast auto betting, So it's plausible.

Those who need Invitation link, click below. Free 1 BTC for testing

Links are now updated and new

https://letsdice.com/?invite_info=9.1379141690.e774a7e3d04aecb28b749074916b109c
https://letsdice.com/?invite_info=9.1379141698.8e2f79fa57c5b6be6db09ef232422477
https://letsdice.com/?invite_info=9.1379141703.e63bff08ded7525609c481eaf6779d95
https://letsdice.com/?invite_info=9.1379141710.930867458a8a2bb92f23c2307c876abd
https://letsdice.com/?invite_info=9.1379141717.e24ad656d6e98fc191710d994190d0cd
https://letsdice.com/?invite_info=9.1379141723.f470145bc123ee9d8da78ca0ef573b2c
https://letsdice.com/?invite_info=9.1379141736.d3cef124c79bc3fc7c6acfd5a5319eff
https://letsdice.com/?invite_info=9.1379141745.3e40eb21f675aeaadb9b6a2c2c38381d
https://letsdice.com/?invite_info=9.1379141750.1d7f52edbcddfceb63322ed4b4bf5dc5
 

That is because there is 1 bitcoin test fund and fast automatic betting.
If you need invitation link, click below
https://letsdice.com/?invite_info=428.1379143140.1576222a0ccb182cecb5d3ccaa82c22e

https://letsdice.com/?invite_info=428.1379143157.8509efd66a28bc63d0b9e69b8944876b

https://letsdice.com/?invite_info=428.1379143163.0a49a41f7e832b49f521cecf7854e518

https://letsdice.com/?invite_info=428.1379143168.0476f9ea4087c01d589193925e0c18da

https://letsdice.com/?invite_info=428.1379143173.901c556ec54607e41eb32798677154d3

https://letsdice.com/?invite_info=428.1379143178.28783d3fe6e3c911224e9a8cb446bef8

https://letsdice.com/?invite_info=428.1379143183.839c1f9546251a92e35537a50fe5f4dc

https://letsdice.com/?invite_info=428.1379143189.e2bb80168d3f32303cc70a4b654936c7

https://letsdice.com/?invite_info=428.1379143194.705a7fcbd3e02719a7e0578bc2489c91

https://letsdice.com/?invite_info=428.1379143198.ed29843775d33965eb5206e5767a7702

To check my luck, I placed a single bet on JD with 300BTC:

https://just-dice.com/roll/124870903

Since I won, I'll do another spread out:

1 BTC for 10 BTC investment on http://ipo.letsdice.com

from now on, 120 BTC available!

and in case you all didn't notice, I'm quoting Martin's new message here:

I have invested 20 bitcoins yesterday, could you pls give me 2 bitcions feedback?

Sorry, you invested before this policy... However, to be fair, if you invest 20 more, I'll give you back 4. is that OK for you?

Sad, I have no more bitcoins...

I'm thinking about putting some coins in this because I lost trust in JD but I have some questions:

1. Will I be able to send invites if i decide to invest?
2. Will bets be realtime or delayed?
3. Is it provable fair? If so how?
4. Is it possible to sell shares back to you or am I only able to sell if I find a private buyer?

Thanks

1. All users can send invites, but investors will have the first chance to create a "seed user" account (meaning you are at the top of the invite chain).
2. Realtime (the beta of the site is up and running, check it out). We also have an on-chain mode which works like SatoshiDice, which is slightly delayed.
3. https://letsdice.com/fair/
4. I make no guarantees of a share buyback, although I may be willing to. In general you will have to find a private buyer (although this will be much easier once passthrough shares are created)

Shares will be listed on Bitfunder, Havelock or other market?

you can passthrough your shares to any market.

I think this point is clear for everyone, but still, I'd like to ask again:
If the IPO don't reach the 8k BTC until the 15th (1,5 days remaining). The site won't go online, and all the investments will return to the correspondent wallets?
Thanks!

My invite Link: https://letsdice.com/?invite_info=498.1379155880.5c5c60c63226d8c41dac77aa4ab8b920

New invitation links:

https://letsdice.com/?invite_info=77.1379162063.e22819686af2768c402bcebd77989762 (https://letsdice.com/?invite_info=77.1379162063.e22819686af2768c402bcebd77989762)
https://letsdice.com/?invite_info=77.1379162116.6bc7c21fb5c312e12f98f51848019bea (https://letsdice.com/?invite_info=77.1379162116.6bc7c21fb5c312e12f98f51848019bea)
https://letsdice.com/?invite_info=77.1379162135.7b4598e74ec914a7b9bbc208222b0140 (https://letsdice.com/?invite_info=77.1379162135.7b4598e74ec914a7b9bbc208222b0140)
https://letsdice.com/?invite_info=77.1379162147.e83a905e8731c446a5ca0e1ebdb07903 (https://letsdice.com/?invite_info=77.1379162147.e83a905e8731c446a5ca0e1ebdb07903)
https://letsdice.com/?invite_info=77.1379162159.ca5ca648899116390bff994b06e57a90 (https://letsdice.com/?invite_info=77.1379162159.ca5ca648899116390bff994b06e57a90)

New invitation links:
https://letsdice.com/?invite_info=428.1379162833.cd4c575ac8b5f484a541800232a8cb54
https://letsdice.com/?invite_info=428.1379164298.24b2c04d63841ecfea4de669604d6181
https://letsdice.com/?invite_info=428.1379164304.52cfbd9a5ab206c3550c96c1958b538a
https://letsdice.com/?invite_info=428.1379164308.0a2ebfd3cb4f630143c20bdf40792774

It WILL reach 8,000 BTC, since I'll buy the rest up. lol

too bad i a bit early that this policy post..

EDIT:

Permanent invitation link from seed account, have fun!

https://letsdice.com/?invite_info=50

------------------------------------------------------------------------------------
New invitation links:
https://letsdice.com/?invite_info=125.1379205175.04122a5cd6e99df923cf45ed81fd63db
https://letsdice.com/?invite_info=125.1379204506.a48939d68428efc75bddbf2d20713bee
https://letsdice.com/?invite_info=125.1379204883.5ed7265d979133e15f5bafb956b5a586
https://letsdice.com/?invite_info=125.1379204888.69c7ccf8683c06e5619d29ed08ad1549
https://letsdice.com/?invite_info=125.1379204894.b7ebf2bbd80b1d7b3da0b3a1f3c8c39a
https://letsdice.com/?invite_info=125.1379204899.d504dba58611e2cbbaf82ac5a2333c79

You can invest more and I'll give you coins. ;)

Celeste - can you ask Martin to answer my final two questions on the letsdice forum then I might be able to make an informed decision whether to invest or not.  To be honest, I rate strong two-way communication with investors as being one of the most important things when making a decision to invest or not.

Will

I can answer you that:


yes, this return is in addition to the continual daily dividend.

yes, it might well take over a long period.


after all the initial bankroll (10k) is returned, in which case bankroll goes above 50k,

face value price >= bankroll / total shares

since shares have a quite stable daily dividend.

However, we have no buy-back plan.

Will all the existing beta accounts and invited users be wiped today before the site goes live tomorrow?

looks like letsdice hit the IPO.

Congrats :)

Here is a permanent invite link from me:  https://letsdice.com/?invite_info=50

Will

Here is a Permanent invite link from me  https://letsdice.com/?invite_info=104

永久有效的链接，欢迎猛击！

Ok, my refferal link also:

http://letsdice.com/?invite_info=77 (http://letsdice.com/?invite_info=77)


Congratulations for great IPO  :)

Permanent invitation link https://letsdice.com/?invite_info=7  8)

invested!
https://blockchain.info/tx/5b111282905998a0554f55de04c37a574f2695b0206eb63eccd4e0ab00770905

This makes me sad. This makes me really sad.

How are people still investing in this, what is wrong with the Bitcoin community?

It's open!

https://letsdice.com/?invite_info=104

For my own sanity I'm assuming most of the accounts posting here (and in the other 200 spammy threads) are sock puppets.

not a sock puppet :)  letsdice incentivises referral links pretty well, here is mine!

https://letsdice.com/?invite_info=126

Will

What happen to my referrals? Gone?

here is the permanent invite register link, you may register via below.
https://letsdice.com/?invite_info=42 (https://letsdice.com/?invite_info=42)

Permanent invitation link from seed account, have fun!

https://letsdice.com/?invite_info=50

Open new account link :)

https://letsdice.com/?invite_info=502

https://letsdice.com/?invite_info=111

Here's my link  ;)

https://letsdice.com/?invite_info=8

Here is my permanent link!
https://letsdice.com/?invite_info=614

Good bets!

Newest invitation link ;)

https://letsdice.com/?invite_info=1066 (https://letsdice.com/?invite_info=1066)

Here is permanent link
https://letsdice.com/?invite_info=58

scammers always call others scammers :)

ld invite link：
     https://letsdice.com/?invite_info=22

Just press it and enjoy it. Thanks.

Valuing your startup "business" that has no player-base, no assets and a director who is clearly retarded at $6,750,000 is probably the most ridiculous thing I've ever seen on these forums.

Fyi I am basing your retardation on you thinking you can simply write a few words on a forum and are suddenly worth $6.75m. Though I'm not saying you aren't retarded in other ways also.

He tried to sell 11 dice tips for 100 BTC or something earlier.

ld invite link：
     https://letsdice.com/?invite_info=22

Just press it and enjoy it. Thanks.

https://letsdice.com/?invite_info=103

I invested 15 B before this policy. Could you pls give me 1.5 B feedback?

great site. Love the auto feature.

2000 BTC wiped out from bankroll!

why there is a force share buy-back?

Of course it was a scam, Nakowa was behind the entire thing. An easy $5million to add to his stash.

EDIT: I actually have no idea, I think the missing 5,000 was already sent back to shareholders. Any shareholders want to tell us if your investment was fully returned?

Martin did a buy back of 5000 BTC worth of shares at the start of November, because of a change in the profit distribution, then he has more recently bought back all the shares and will soon list LD on a stock exchange.

You can see the buy back by tracking the LD addresses 1LDBankfbBAqMBBX65xgxgKQqgeuR2DD6U and 1LDCoLDLdEYfoMJbms1RizK5JgjSyTdyr1

As far as I can tell, this is not a scam, it's just changing the investment model from IPO to being listed on an exchange.

Will

I received the 1BTC I invested. Maybe the business is more profitable than we think. So he buy back the shares. I am now wondering if old shareholders has priority in acquire those share in an exchange.

R
Yes, force share buy back, and I received mine.

https://blockchain.info/tx/614e72b875e57c8a08da19135d11c698d1c77cf6b264e7aff8b45de4b4a61824

Martin said LD will be listed on exchange, plus I read in the chinese chat that there is a new game developing.

i get back my IPO BTC....actually, LD is doing pretty much for the website and game.

wish all the best to LD..

I got my BTC back from LD too.

Best wish to LD.

What return did you guys end up making on the investment, if you don't mind me asking?

0.35% from the start to now. Not too much yet. Maybe more when the site grows bigger. I cannot figure out why they just buy back the stocks.

they have created a new game.

What game?

LD bought back the shares but the site disapeared, why? Could someone fill me in?