Bitcoin Forum

Hi guys,

I am offering the domain, the software and all accounts (email, hosting etc) for satoshipoker.org on public auction.

Company specifics
Name: Satoshi Poker
Domain: https://satoshipoker.org/ (https://satoshipoker.org/)
Started: April 2013
Nature of business: Offers poker games through its downloadable poker client
Games supported: Hold'em, Omaha, Omaha hi/lo, Stud
Limit types supported: No Limit, Pot Limit, Fixed Limit
Game types supported: Cash games, Tournaments, Sit and Go's, Fifty50 Sit and go's
Total registered players: 4648

Financial information
Satoshi Poker has paid of the Enterra Poker desktop client package of $40k and fully owns the license for this software
Satoshi Poker has a custom built additional backend to securely process bitcoin deposits and withdrawals, a custom backend for handling referral and affiliate income
Satoshi Poker has $118.50/mo net operational costs for the rent of a dedicated server and VPS webhosting package (website and gameserver/bitcoin systems are hosted seperately for security reasons)
Total rake generated in 2013: 98.4 BTC
Total rake generated in 2014: 7.6 BTC
Total owed to players: 19 BTC in player balances in the system, 3.9 BTC in pending withdrawals (I will cover these funds out of the buying price so after buying, company will have 0 liabilities towards its players, software companies or whatsoever)
Total other liabilities or monthly costs: 0

Presented opportunity
Although Satoshi Poker is not generating a lot of revenue at the moment, it provides a solid foundation for anybody aspiring to run a bitcoin poker site. As the backends are already up and running, bitcoin is fully integrated (and has never been compromised since its start a year ago) and business is fully operational, it makes a good starting point to build upon. With just a $118.50/mo in operational costs, and raking in 2.17 BTC/mo on average in 2014, the business is profitable from the moment of takeover. 1690 out of the 4648 players actually hold a balance at the site, and new owner could target those players with special promotions to come back and play at the site. After buying the site, there will be no additional costs or liabilities.

Reason for selling
After working on the project for the past year, sacrificing my other businesses, investing a lot of time and money and running into personal debts to get it to where it is today, I don't have the time or personal stability to move the business forward to its full potential. Since november I have been working with no marketing budget and no development budget and for the future of SP it is better if somebody with a new vision and a budget steps in and takes over. At this moment there is a deficit in player funds, and I would be able to cover them by taking out another bank loan but at this point I would rather sell it and cover all balances from the buying price, as it is pointless to run an internet business with no marketing or development budgets and basically working full time to maintain the just under $1000 in monthly turnover. I have to look for a project that gives me a paycheck and allows me more time to spend with my girlfriend who had a miscarriage while i was sitting in the waiting room in the hospital working on SP...

Auction specifics
I will run the auction for 2 days only, as I would have to get a bank loan to pay the current players after this 2 day period and continue it myself as I can't let them wait for longer to process their withdrawals.
Starting bid of the auction is 30 BTC.
Auction will run for 48 hours after this post and highest bidder will receive all the accounts, passwords, logins etc by the by buyer preferred method.
Payment of buy is completely in bitcoin, of which 22.9 BTC has to be done to the hot wallet so buyer can see that in fact the balances are covered and remainder has to be sent to me to settle with SP's current investors.

For any more questions, please send me a pm or add me to skype: bp_van_oort.

Best regards,

Bart van Oort
SatoshiPoker.org

To prevent the same question through PM:

A person asked me how the hosting is arranged.
The domain is listed at domains4bitcoins and the dedicated server and vps are hosted at namecheap.com. Both accounts consist only of the services bought by Satoshi Poker and can be paid completely anonymous in bitcoin. Just a matter of changing passwords and registered email address ;)

I have extensive history in helping run a former online poker company (left the USA market some time ago, but I was involved on the promotion/business side of things).  I am interested, but will take me longer than 2 days to come up with that amount of bitcoin.

lol u cant even pay .2 to SixFigures for the pacquiao fight

Sorry to see you go...

You should re-brand: BlackCoin Poker.... pick up one of the up and coming alt coins....

in my view, this was a very reasonable thing to do - the owner tries to right the wrongs
let the guy to work it out
we don't want to see him on the hit-list, as those things always get messy, and the god has given us only one this life on earth at this moment
{we can have in mind the reincarnation, of course}

Talking to several parties, but no official bid has been made yet. Site will be sold as soon as a bid has been made.

With the large amount of rake the site was taking in (well over what the site was costing), how is it in debt? What happened to cause this? As a potential buyer, this is a huge red flag to me and is something I feel really needs clarified. If a business earns more than it's spending, it can't be in debt. So there was something else going on as well...

He may have not been the best person to manage finance.I to was in a similar situation and with the marketing costs, all kinds of promotions and payments to team mates managed to be in debt the whole time running a smaller kind of poker operation.So i was just very bad at finanance, but since he mentioned also the miss carriage of hes child i would think that he is not in the best shape to run a business and lots of earnings have been used in hes personal life as well.

What i'm saying is that the business itself may be fine, but the leader itself not so much.

It's definitely possible that you're right, but speculation is bad for investments. We need actual details as to what happened so the business can be analyzed better. As of right now all he's said is that the business earned more than it spent and is in debt.

With that said, thank you for your input!

i think this sold, in the main thread he said he paid out players balances.

all you have is the typen words...
my balance was not paid out...
do you really believe everything you see typed on a forum, are you really only taking a word for it?
anyone can type anything, but it wouldn't stand for something, get it?
i am sceptical, and i am not going to believe one single word i read before i can really investigate what is going on!

I never said that balances would be paid out. What i said is that we paid out all pending withdrawals.

No formal bid has made, just interest has been shown and im working on funding 24/7 to guarantee the player funds even if a sale don't take place.
Highest bidder at this point is SWC for 35 coins, and hoping to conclude this within hours. There are 2 other parties with interest but I can't stall any longer so the first person who ships the coins gets the site. Its that simple.

And if anybody matches the bid but ships the 35 coins quicker, he will get the site.
Just so I can make the players whole and walk away without any debt to my customers. Thats all I care about.

Software package alone is 40k, aside from bitcoin payment processing installation, rakeback features etc. I hope to announce something in 24h

lol swc is the highest bidders

I'd like if you could answer my question: how is the site in debt when you were earning more than you were spending? What happened? How can a new buyer not fall into the same trap? We're missing VERY important details needed. I can't just throw money at a site that claims one thing and shows financials that completely contradict it.

The math on profitability is really easy. With no tournaments with guaranteed prize pools, no freerolls, software paid off and only monthly costs being for the hosting and the server ( $118/mo ).
The costs of purchasing the flash client and updates were way higher than projected as I ended up paying for cancelling the contract. At this point no money is owed for the software.

So to clarify:

Total rake generated in 2014: 7.6 BTC
Server costs of 118.50

This isn't the only cost then, right? You were spending more on the other things (freerolls, guaranteed tournaments, and paying off the software)? Meaning that from this point forward the only expenses would be:

$118.50 a month for server
$X for a developer (or do it yourself)
$X for whatever promos you have going on (freerolls, guaranteeds, etc.)

Is this correct?

These are the current costs. If the buyer wishes to invest in promo's (highly recommended) then of course he will make extra expenses. Same goes for if the new owner wishes to have custom upgrades to the software or backend.

thanks for the update, id really like to get back playing on <newname> poker, back to my bankroll...

speaking of which,
i was recently approached by a generous person, who just covered my loss of bankroll at satoshi,
just like that, so that i can keep on playing; makes me think - who is worth something and who is just a bunch of nobodies!

taking your words for the value of seeing typed letters, i wish you succeed in settling your business, bitcoinflush, there's no hard feelings!

good luck!

Name will probably remain Satoshi Poker. However, the reason i didn't walk off and even post my skype and real name in here is because I am going to bring this to a good end...
Even when for you it only has the value to you in typed letters, thats my word. And I always back it up, no matter what

yes, i honestly believe you!

i sense a good person there!

sorry for being bitter,
i had some other mishaps on-line related too...

Hey, besides running SP I am a poker fanatic and I have also gone through a lot of shit with pokersites ;)
What matters in the end is: an honest person solves the puzzle, a scammer runs. And I will never run...

Project has not been sold and price is still 30? am I correct?

This is correct

As a heads-up, if anyone ends up buying this and needs a partner to help run it, feel free to hit me up. I can do things like SEO, marketing, etc. and help build a custom plan for the site. I can also help with things like support.

13yr old nigerian scammers attacking me on PM
Should we inform moderators?

 :o
I think nobody would ever send them a coin when they see a different sender.

Satoshi Poker has paid of the Enterra Poker desktop client package of $40k and fully owns the license for this software


And you want 13,150$ ? Nice scam.

you can hire me for support, security analysis task
i have 4 years experience in online poker

Selling a business at a lower price than its value to sell it quick isn't a scam my friend...

I lower the price to 25 btc for who can act today. back against the wall scenario, but so be it.

Many are wondering if it has been sold, or if it will even re=open, and under what name?  In gambling section there are people trying to withdraw but having no luck.

If anyone is interested in a group buy I will toss in 5 BTC

Can't edit post, sorry for double post.

PM me if interested in being part of a group buy

Can you elaborate on how it'd be run as a group buy though? You need someone capable of managing it. It needs to be bankrolled. There's a lot more to it than simply buying it and hoping for the best.

What are your plans if people were to offer enough to purchase it? How are you going to be making that money back?

"Can you elaborate on how it'd be run as a group buy though? You need someone capable of managing it. It needs to be bankrolled. There's a lot more to it than simply buying it and hoping for the best.

What are your plans if people were to offer enough to purchase it? How are you going to be making that money back?"

I was thinking purely as a revenue split. I would be capable of managing the site and would be willing to put my own money into advertising (due to this my share split would be larger). This would not need a massive bankroll. This isn't a casino, players deposit funds, the rake is collected, and players withdraw their own funds. No money is at risk for the operator of a poker room except for hosting/maintaining the site. Purchasing something and hoping for the best = lottery. Last I checked, running a business isn't a lottery  ;). How would I make the money back? The revenue would be generated by rakes, and tournaments entry fees. The biggest issue with this site is the current reputation of it. However, I believe a new owner could quickly turn that around by offering quick responses to support requests, and fast withdrawals.

It's an interesting idea... I'll definitely take it into consideration. Do you have a business plan ready (covering all the bases)?

Im putting one together right now.

Cheers

Please read entire post before asking a question  :-*

SatoshiPoker
 
Prepared for: Bitcointalk users
 
Prepared by: AcoinL.L.C, hereinafter ("Acoin")
 
Description: Acoin is seeking funding of 25B⃦ for the acquisition of www.satoshipoker.org. The funding request, market analysis, and return of investment analysis of the project are included in this Proposal.
 
Executive Summary
The purpose of this proposal is to forge a strategic relationship between Acoin and whomever it may concern to mutually benefit Acoin and investing partners through the acquisition and operation of SatoshiPoker.
 
Acoin will work day in and out as a professional site operator using its extensive knowledge of bitcoin and poker and its willingness and ableness to look towards promising future returns.
 
SatoshiPoker already has a significant market share, with 1700 player accounts holding balances, and Acoin will market aggressively to increase this number.
 
Project Description
The project will be completed in the following stages:
1. Fundraising
2. Procurement of SatoshiPoker
3. Reboot of Site
4. Marketing
5. Generating profits for investors
 
Acoin is planning to restore faith in SatoshiPoker by offering quick and helpful support, and fast withdrawals.
 
Sales and Marketing Strategy
The target markets for SatoshiPoker are cryptocurrency users (specifically Bitcoin users), poker players, and gamblers.

Advertising will be placed on various bitcoin related sites, and a powerful affiliate program will be promoted on poker fan sites. A low rake percentage, and a variety of freerolls will boost membership, as well as retain users.
 
Financial Summary
SatoshiPoker is expected to generate 40B⃦ in the first year and gross profit is expected to be 32B⃦. Out of the gross profits 20% will be earmarked as dividends. The remaining 80% of gross profits will be reinvested in the venture in order to increase market share, and improve/expand the product line. Fixed costs are limited to hosting fees at $118.50 per month. Variable costs include freerolls, maintenance, marketing, and affiliate related expenses. The management, Acoin, will forego salary based pay unless agreed upon on a future date. A report on the current standing of the business will be released to investors bi-weekly, and dividends will correspondingly be issued bi-weekly.
 
Closing Section
Future growth prospects are extremely positive for this venture. With possibilities such as including adding support for additional cryptocurrencies, and offering additional products (i.e. slots, roulette etc), SatoshiPoker has potential for steady growth, with opportunities to benefit all parties involved.




How funds will be allocated
Every two weeks, 20% of the profit accumulated will be returned to investors in the form of dividends. The remaining 80% will be put towards the site in the following proportions:
- 40% advertising
- 40% nest egg

Eventually, the advertising budget will be reduced, but for the first initial months it is necessary in order to maintain and expand marketshare. The nest egg percentage may also seem very high, but the nest egg will cover all development projects / expansions and any maintenance fees. Portions of the nest egg may also go towards advertising / dividends.

Revenue Sharing
Investors will be given a percentage of the gross profit corresponding to their initial investment. I, Acoin, will receive a 50% share in exchange for an initial investment of 5B⃦, running the day to day operations, contributing to the marketing fund, and foregoing any paid salary / 0% administration fee's on dividends. The remaining 50% of shares will be sold at a rate of 1B⃦ per 2.5% of profit share. Minimum investment accepted is .001B⃦. Dividend addresses will be kept in a public ledger. As stated earlier, dividends will be paid bi-weekly along with a financial report.

Trust
My identification can be provided to investors upon request, but will not be made public at this time. Please PM me if you would like further information about me or my credentials. No funds will be accepted until enough funds are raised for the acquisition. Currently just accepting pledges.

If you have any questions about my proposal, feel free to PM me, if you post here it may take a little longer for me to reply.

Cheers,
Matt

It all looked good until you decided to go for a massive 50% share of the company. For that big of a share, you'd need to bring more money to the table. What you're doing is valuing the site, in its current state, at 40 BTC. It's simply not worth that much right now. The site in itself is a risky venture as it is; overvaluing it is not the way to get investors.

Is there any updates on this BitcoinFlush, is the Pokersite still up for sale or has it been sold already ?

@ranlo
I would have input a few BTC into marketing in addition to the initial 5BTC purchase. Along with spending hours a day maintaining / running the site, 50% would be a fair stake (20% in initial investment, 5% for coming up with agreement, additional ~10% for further financial assistance, and 15% for work). I believe the site could make 40BTC a year if aggressively marketed, as noted by the current owner, hes done little advertising the past few months + with the current issues with the site, its erroding player confidence.

I have decided to start my own site as it makes more sense financially for me, and it will be Enterra based software as well. I also purchased a userbase of ~5400 bitcoin poker players (Their emails), and am working on gaining strong affiliate partners in order to boost my site. Im not currently seeking any investments.


Cheers

don't forget about other options of extra revenue:

enterra poker comes with poker bots, so you can activate and gamble out some money from the pool directly,
by taking money of newbies and other losers... the moral it's not a cheating - everybody does it! iPoker, etc.

get it?

"don't forget about other options of extra revenue:

enterra poker comes with poker bots, so you can activate and gamble out some money from the pool directly,
by taking money of newbies and other losers... the moral it's not a cheating - everybody does it! iPoker, etc.

get it?"

Yeah, I get it.

Heres your feedback:
"User   Date   Risked BTC amount   Reference   Comments
tysat 0: -0 / +0(0)   2014-04-10   0.00000000   Reference   Posting a website that tells you to download a wallet stealing program"

Its easy to tell when a site is using bots. Not to mention your site will get no revenue. You make a lot more money running a legitimate business than an illegitimate business.

and how is my comment tied to my feedback?

this is just one of hundreds of disposable accounts around here, so you were questioning my credibility, lol?!

and satoshi is not "my" site

how is that you are an expert on what site uses bots now?

you yourself revealed your plan to buy from enterra - they supply house bots and that means you know about it and you will use them, of course, such a  hypocrite!

and pull your head out of your ass!

"and how is my comment tied to my feedback?

this is just one of hundreds of disposable accounts around here, so you were questioning my credibility, lol?!

and satoshi is not "my" site

how is that you are an expert on what site uses bots now?

you yourself revealed your plan to buy from enterra - they supply house bots and that means you know about it and you will use them, of course, such a  hypocrite!

and pull your head out of your ass!"

I never said Satoshi was your site, "your" was used as everyone. Running a scam site using good software won't make you any money. Good software costs quite a bit. In the agreements you sign with the software providers, it also can result in receiving a lawsuit for damaging their image.

"how is that you are an expert on what site uses bots now?" never said I was.

"they supply house bots and that means you know about it and you will use them, of course, such a  hypocrite!" From what I can see from the demo admin panels (I just signed the contract with them), there is no built in house bots. Not to mention, just because you know of something means you will use it. Everyone knows how to kill someone, steal etc, that doesn't mean most people do.

And your feedback shows exactly what you are. A piece of shit scammer. Nice trolling buddy

just to give you guys an update:

the site is still for sale.


and as response to somebody who said the site 'just simply isnt worth 40 btc', please: the software license alone in its most basic form is $40k, let alone the custom additions we ordered (hand history, fifty50 sit and go's etc etc). And those extra's are just additions from Enterra, our software provider. The deposit/withdrawal system (located on separate service) including the bonus, rakeback, affiliate and referral systems are custom made and running flawless. Besides, you will have a turn key solution, being able to run the same minute as you buy, on a branded site, while purchase of the site will get you instant publicity, same as only posting a thread here to sell did, see http://pokerfuse.com/news/industry/satoshi-poker-auctioned-on-bitcoin-site-16-04/

If you guys decide to do a group buy I will be assisting in any way possible and will even give a month of free support to guide the new team through the backend. I just want to make the players whole and since I can't fly to Holland to meet my investors at the bitcoin summit, the chance of getting an investment in without a purchase is very small.

If you guys have any questions regarding the purchase or details please hit me up in PM or preferably on email: bpvanoort@gmail.com or skype: bp_van_oort. I'm not on this board very often, but will try to get online once in a while.

regards,

bart

Would you consider more of a partnership (in that someone invests for, say half of the company, and then you work in the site as well)?

i am willing to consider any situation which covers the funds for my customers...

Software is not worth $40,000, I can get a good quality one developed for $15k tops.

front end perhaps. but something reliable which passes gaming commission requirements?

I'd also like to point out that Enterra is a trusted brand. They aren't some random person/team that popped up to create a client for someone real quick. The trust is a huge factor. While someone can probably make a site "cheaper," it wouldn't be the same. And when dealing with someone's finances, you want a trusted group handling it. The risk is just too great otherwise.

Though I am wondering why SmackthatAce says their Enterra client was only $5k. Can you shed some light on this? Maybe different options or something?

Can you gimme more info on what site SmachThatAce was running? Did he had a license? What license did he have? Enterra sells multiple licenses and features are depending on that. Our downpayment at the start in april was already $10k so $5k is absolute bogus.

And about the trust: indeed online gaming is about trust. and then it is better to work with software from a company who has been in business for 13 years and got their shuffling and dealing algorhytms certified according to gaming comission regulations and have the ability to add more features to the same backend, such as mobile, social network (enterra has a facebook based client for sale as well) flash, html5, mac, etc etc.

Yes it would be possible to create a custom solution but as you correctly point out: it has 0 trust, it requires serious stress testing against bigger traffic, it doesnt have certified RNG's, it doesnt have scalability and when ur spending only 15k it wouldnt probably be fit to hook up other clients to it as well. Besides, I am not selling for $40k. 25 coins is below 25% of the software price...

Here's their thread for all the information: https://bitcointalk.org/index.php?topic=594692

I'm mostly just curious as to why theirs is so low ($5k seems... well, cheap, for something like that).

SmackThatAce is selling the cheapest license (Starter). Doesn't have real money integrated, which is why its so much cheaper.

Most poker software licenses start at 25-30k+ from reputable sites, BTC integration costs quite a bit as well. You can have one made from a team of indians / chinese for about 10-15k, but the quality likely won't be the same

Besides I'm willing to sell for 25 coins. Thats below $12k. With real money installed, bitcoin systems up and running, rakeback and affiliate system custom built (enterra doesn't have that yet). The starter version is pretty much worthless :p

Ah, that explains a lot. Thanks for the clarification!

Actually, enterra offers a rakeback / sign up bonus / gift / affiliate systems now

This site would be such a steal if it weren't for the damage done to its reputation

Funny, Everyone on this forum seem to have forgotten about the auction and are more interested in my product.
I am here for any questions that you wish to ask.
Hello again Ranolo and Acoin.
Yes Acoin is correct, i had the cheapest licence and did not have money modules integrated. I was doing the deposits and withdraw from an external server.

I have a question for Satoshipoker owner. Did you have your own server hosted and what was a percentage that enterra was taking from you on gross?

Thanks

Under a new owner, it's possible to fix the problem. I think the fact that BitcoinFlush is planning to pay back existing debts is pretty big as well (and should help instill confidence in players). Essentially it's a rejuvenation of the entire brand. Is it a risk? Sure. But it's something that I think is doable with the right management in place.

I agree.
atleast he is worried about the players as well and not only about his own pocket.

Very true. Also, in response to your last message here, I am the one that dragged you into this (as I was curious), :p. And in response to whether or not there is any ongoing fee for the site's software, I don't believe so. I think he's got whatever the full version is (I'm not familiar with Enterra and apparently you have to contact them as a buyer before they will let you know the options).

I am very familiar with enterra and their habits ;)
Can you check your PM as i have sent you a message

Satoshi doesn't pay Enterra any royalties. If for some weird reason they are, they got completely ripped off. I believe Satoshi can get turned around as well, why I offered to do a group purchase.

Well if you offered to run it for say 10% management fee I could be interested in investing 5-10btc, but no way will I be interested in you taking a 50% share for 5btc (basically a 20% state but a fee on top of all rev's, you would have 20% stake in company and I would have 20-40%). But I would also want access to accounts and any financial info, and any decisions run by me for my agreement.

Sorry I don't know you and dropping this money would require regular updates etc....

Phil

You pretty much hit on all my feelings. There's already a risk factor here. Introducing another (in terms of the partnership) just makes it that much worse.

Its not worth my time for a 10% cut where the project is at currently which is why I offered it where I did. As I posted earlier, Im starting my own poker site called BitiBets, its powered by Enterra software. It should be all put together and ready to go within the next two weeks. Financially it made a lot more sense for me to do so.


@BitcoinFlush Goodluck selling your site

                  R.I.P. BitiBets  ;D
[a prohject that went dead before it started!]

Why do you say that for bitibets ???

Trolls will troll

if f you do not understand what and why am i saying, then let me explain:

judging from all the previous comments of "acoin", i believe this character is not quite capable of running a successful online business, that's all!

everybody's entitled to own opinions, right?

I just fail to see how that has anything at all to do with the topic of this thread. It's a separate business.

@BitcoinFlush:

Want to boost your auction?

Prove that what you said here is true:
https://btcjam.com/listings/10855

Honor your words. Show that you're not scamming your investors.
Payback your debt or buy notes off.

Your entitled to your opinion. Im not asking/accepting any investments. Judging by your previous posts, your really not the best person to go to for advice.

Goodluck to BitFlush selling the site, hope you find a buyer soon so the players can get their funds back

smackthat, i think you had the cheapest version of rake shared basis program of enterra which is lower than 5K. In fact, you can get it free on http://www.enterrabitcoinpoker.com.
We have our own license, we built our own btc backend, we host everything on our own dedicated server (gaming server for enterra) and vps (website and bitcoin modules which communicate to game server in API). About what enterra charges us: 0%. We bought our license. They just develop and improve our software but we are in charge on the company and don't have to share rake with anybody.

Which is why I was saying to the community: your package and my package are really 2 different worlds...

financially? i guess that means you going for the free version with 50% rake sharing with enterra?

thanks for the luck. Site is sold as we speak :)

especially since satoshi poker is the host for this free-to-join bitcoin poker network...
just wait till new SP owners gives his terms, which might be different than 50% rake to enterra ;)

im paying it back. But I already wrote you down at the bottom of the list of investors to pay off. Just because of your half-attempted extortion tactics. Thats all...

I'm still waiting since a week.
You didn't write to me at the bottom of list of investors, you answered another user. There are 2 unaswered my message more on comments list (see page 2). And I even wrote a PM here, showing kindly every step to pay a note off.
I'm not extorting anything from you, I'm just claiming what you due to me: exactly what you due to me (nor satoshi more, nor satoshi less)
How many times do I have to write you again?

Nope. You sent me a PM saying pay my note or I will start a thread about you on bitcointalk. I replied: please do so. I have never hidden the nature of current situation from the community and even though it is a rediculous small amount which you try to sell about 10% higher or "else you start a bitcointalk thread" I invite you again to do so. I will even reply in it. Please keep this thread on-topic.

Buyer needs until wednesday to get the contracts in place but I don't have until wednesday, as I will be doing a year in Thai jail by then for overstaying my visa. Considering my outs and as a poker player, I might just shove and show the true equity, fundings and books behind SP for the past year.

Please, re-read my PMs: https://i.imgur.com/7UEngeN.png (https://i.imgur.com/7UEngeN.png)
Please, ask for help to someone, if you can't understand the meaning of those PMs.
Please, pay back my note even if it is a small ridicoulous amount: remember that you asked even for that, because you didn't have.
Please, re-read the description of your loan, when you said: "Loan repayment will not depend on success of the business; I have the funds to cover payback." What should have been the community aware of?
Please, recalculate the amount of my note: it includes only 4% BTCJam fee more, I'm not getting that money more.
I'm writing here, because you welcome me or would you like I even attach a screen of your last PM answer?

trying to figure out in what sequence i put my re-questions, but I will put them in order of what is important for me:
1. keep this thread on topic
2. dont apply extortion tactics asking me to pay more than owed because of "or else"

please also ackknowledge i mentioned the issues over a month back now in the same borrow thread and I'm trying to sell the site.

bottom line. ur on my ignore list from now on

Trying to figured out, where did you gain your trust level.
1. Repeat: you invited me
2. Repeat: I'm not extorting anything from you. I want ONLY MY money back

please, re-re-read that you assured :  "Loan repayment will not depend on success of the business; I have the funds to cover payback."

bottom line. other users can still read me

I think this is the best course of action at this time. You're selling the business anyways, so it helps create more transparency into how it works (generally speaking, if someone were buying a physical business all of this would be given after the NDA anyways). It doesn't show what will happen in the future, but it does help understand the site's past.

you dear stupid coin , come and i will own you agan
would'nt it be more prudent to meet in paris at night at red windmill? ican do that, just give me the time of meet, okay?

Formal agreement has been signed. Waiting on buyer to confirm the agreement by signing as well. Site will be sold as soon as I receive this.
Buyer will cover the player funds and as such withdrawals can be processed as soon as agreement is in place and coins have been sent to the hot wallet.

This is awesome to hear! To whoever bought the site, can you post to let us know an ETA or something on when it should be back up?

Hopefully you'll sort things out! Good luck bro.

I'm interested in buying this site if it hasn't been sold yet. Email me: moriarty.bitcoin@gmail.com

you may have come 2 weeks 2 late for this great deal...

BitcoinFlush,

Could we get a quick status update regarding the sale?
Thank you in advance!

like he said, he may be in Thai prison already, serving a 1 year sentence for visa violation...

Not when you posted 29 may as he posted an update on btcjam the 3 june.
BitcoinFluch, an update to how things have been going after the 3 june would be good if you could give thou.

As I understand multiple people have been waiting for an update regarding the sale for multiple reasons, I will give an update, but I will need a few hours to prepare this update as making screenshots of a skype convo which took over 3 months is really a pain in the A**

I'll be back in a few hours

Interesting! :D

How much is the debt owed, in total, to all parties?

2 days

About the SSL cert. - it's not trusted... why?

If the site has not been sold I am interested in buying it.

I am a VERY serious buyer

email me: moriarty.bitcoin@gmail.com

Let's make a deal.

He is such a serious buyer!  It is so easy to buy lots when you just stole $80k

I suggest you first check http://antilyze.com

Moriarty is a fake.  He's a fraud. He's a scam. And a thief.  He stole $80,000 from someone and is a pathetic scam artist.  He uses a fake name and declares a fake PhD.

Here is the network of scam sites that I'd avoid.  If you are into handouts, please send bitcoin to 1C9rewdqraMuhRrL8RL4bkw5rkSCHdNawt  Michael has plenty with his $80,000 theft from last week.  My personal favorite is the first one.

bitscams.org
bitwebhosting.com   
elaunder.com
bitbuzzer.com
btwager.com
btcstakes.com
bitflippa.com
bitzam.com
bitbrowse.com
bitwant.com
bithyip.com
paidbitcoin.com
duocoin.com
bitarmored.com
coinchill.com
coinchimp.com
bitbiddy.com
walletpays.com
vcbtc.com
smoochbay.com
fairbitcoindice.com
bitplastic.com   
hotbitcoins.com   
bitforum.org   
bitlisting.com   
bitspeculate.com   
bit007.com 
hotbitcoins.com
thebitcoinescrow.com   
bitlaunder.com   
bitfiverr.com
bitsecurity.com
bitmeetup.com
bitsweeps.com
paidbitcoin.com
bitbing.com

Hey Mike, or Scammy Steve or whatever your fake name is....  I'll never go away...  Pay back the $80,000 or eventually you'll go down! Difference between me and you bedsides the fact that you're a piece of shit....  IS THAT TRUTH ALWAYS WINS

So you are in debt and trying to sell this site?

Has anyone even given you a decent bid?

Any updates

Hes screwed with this. Its no longer worth near 25BTC liquidation wise, as its users all transferred away by now. What a sham. Basically buying the software license. Im willing to cut a deal for the software, PM me

And 6 days later...he has still not returned even though claiming "I'll be back in a few hours" lol  :D

im going to start a separate thread about it, as satoshi poker has been bought by burnturn.eu, without living up to the agreement and paying out the players. on satoshipoker.org they say they want to launch with different software, to me they say they have a problem with namecheap and to my affiliates they state I lost them some key files.

Will start writing the thread right now after some legal advice on the matter ;)

Now or after?

Oh wow, this turned out better than expected *grabs popcorn*

If they are not interested in the software I am interested in purchasing it.

https://bitcointalk.org/index.php?topic=696900 (https://bitcointalk.org/index.php?topic=696900)

^^ Thats his statement he made if anyone didn't see it, its under gambling