Bitcoin Forum

Economy => Gambling => Topic started by: MRKLYE on June 23, 2014, 07:04:32 PM



Title: Just-Dice.com halts betting due to regulation
Post by: MRKLYE on June 23, 2014, 07:04:32 PM
Official blog release here: http://just-dice.blogspot.ca/2014/06/betting-and-depositing-disabled-on-jd.html

It is uncertain if they will be resuming betting at this time. I hope they do though.
Dooglus and Deb run a great site and I will be sad if they close shop.

Relevant video: https://www.youtube.com/watch?v=_aY9Ensgd0c


Title: Re: Just-Dice.com halts betting due to regulation
Post by: a1choi on June 23, 2014, 07:05:43 PM
Official blog release here: http://just-dice.blogspot.ca/2014/06/betting-and-depositing-disabled-on-jd.html

It is uncertain if they will be resuming betting at this time. I hope they do though.
Dooglus and Deb run a great site and I will be sad if they close shop.

I know i'll be sad as well if they have to close.  But I'm sure once they get everything figure out regarding jurisdiction, everything will be back online.


Title: Re: Just-Dice.com halts betting due to regulation
Post by: minerpumpkin on June 23, 2014, 07:06:38 PM
Official blog release here: http://just-dice.blogspot.ca/2014/06/betting-and-depositing-disabled-on-jd.html

It is uncertain if they will be resuming betting at this time. I hope they do though.
Dooglus and Deb run a great site and I will be sad if they close shop.

Sorry for your loss  :'(


Title: Re: Just-Dice.com halts betting due to regulation
Post by: leex1528 on June 23, 2014, 07:30:23 PM
Wow this is pretty big news.....


I wonder what they have planned for the future here?  They didn't say too much about investments but I am assuming they are allowing people to withdraw from those ?

Hope this isn't a first of many to come....


Title: Re: Just-Dice.com halts betting due to regulation
Post by: icey on June 23, 2014, 07:40:06 PM
Of course, withdrawals are being processed as normal. doog is moving coins from cold storage and into the hot wallet, which is getting depleted just as quick!


Title: Re: Just-Dice.com halts betting due to regulation
Post by: hodlmybtc on June 23, 2014, 07:42:23 PM
Sad to hear, I just divested and withdrawn everything I had on JD as advised:

Quote
We recommend that you withdraw your coins from both sites and keep them safely in storage until such a time as we are once again open for business.

Hope JD will be back soon!


Title: Re: Just-Dice.com halts betting due to regulation
Post by: nandubatchu on June 23, 2014, 10:10:10 PM
I was unaware of the latest news of Just-dice stopping their operations, I accidentally sent a payment to the deposit address. What are the consequences going to be??


Title: Re: Just-Dice.com halts betting due to regulation
Post by: iram3130 on June 23, 2014, 10:35:19 PM
Douglus taking precaution, it is better for their future after new law in Canada, they are just searching all possiblities they can run site or not with their lawyer.


Title: Re: Just-Dice.com halts betting due to regulation
Post by: nwfella on June 24, 2014, 12:08:34 AM
Bummer deal.  I wonder how many of these types of sites are going to be getting shutdown between now and the end of the year as well.  Doesn't bode well for gambling sites it appears.


Title: Re: Just-Dice.com halts betting due to regulation
Post by: cech4204a on June 24, 2014, 12:32:42 AM
Good times are gone, you will be able to make it legal for few months but then laws will change again. Anyways those gambling sites aren't helping to comunity, so they better shut them down all or request taxes from investors, from players and others.


Title: Re: Just-Dice.com halts betting due to regulation
Post by: monbux on June 24, 2014, 12:54:18 AM
Official blog release here: http://just-dice.blogspot.ca/2014/06/betting-and-depositing-disabled-on-jd.html

It is uncertain if they will be resuming betting at this time. I hope they do though.
Dooglus and Deb run a great site and I will be sad if they close shop.

Relevant video: https://www.youtube.com/watch?v=_aY9Ensgd0c

Catchy song ;D  Proud to be Canadian :O
Sad to see this; been with JD since day one... Hopefully they can work something out.  If not, I'd be interested to see where the users of JD will migrate to... Primedice?


Title: Re: Just-Dice.com halts betting due to regulation
Post by: Light on June 24, 2014, 01:11:48 AM
Well I'm sad to see them go (even if it is temporary), hopefully they'll find a way to reopen. Just-dice was a pretty good place to invest, small reliable gains. That being said even if they do reopen much of the market might have shifted to other dice site operators (in all probability Primedice).


Title: Re: Just-Dice.com halts betting due to regulation
Post by: a1choi on June 24, 2014, 07:00:10 AM
Well I'm sad to see them go (even if it is temporary), hopefully they'll find a way to reopen. Just-dice was a pretty good place to invest, small reliable gains. That being said even if they do reopen much of the market might have shifted to other dice site operators (in all probability Primedice).

primedice doesn't accept investments from what i've seen.. maybe stunna will change his mind.


Title: Re: Just-Dice.com halts betting due to regulation
Post by: Minnlo on June 24, 2014, 08:15:56 AM
Well I'm sad to see them go (even if it is temporary), hopefully they'll find a way to reopen. Just-dice was a pretty good place to invest, small reliable gains. That being said even if they do reopen much of the market might have shifted to other dice site operators (in all probability Primedice).

primedice doesn't accept investments from what i've seen.. maybe stunna will change his mind.

Probably not, at least in near future.

Have received many PM's & emails regarding whether PrimeDice will take investments now that JD is down. Our answer still remains no as we see no need to split profits through a shared bank roll as ours is more than sufficient.

What I'm concerned about however is ex-JD investors trying to invest in other dice sites which will surely be popping up over the next few days in an attempt to take the missing market share. PLEASE DO SO WITH EXTREME CAUTION! Do not trust people unless that trust is well and truly deserved. Despite me saying this people are still going to invest in these new sites & lose their money. Stay safe people.


Title: Re: Just-Dice.com halts betting due to regulation
Post by: zetaray on June 24, 2014, 09:36:33 AM
Sorry to see just-dice go. Regulation is killing bitcoin. Have not read the new laws yet, will do soon. Let's see if it is a matter of tax or licence...


Title: Re: Just-Dice.com halts betting due to regulation
Post by: madmat on June 24, 2014, 09:40:34 AM
Sorry to see just-dice go. Regulation is killing bitcoin. Have not read the new laws yet, will do soon. Let's see if it is a matter of tax or licence...

Regulation can't kill gambling. These kind of websites will just move off-shore. Things happen really quick in bitcoin world.


Title: Re: Just-Dice.com halts betting due to regulation
Post by: zimmah on June 24, 2014, 09:50:05 AM
Well I'm sad to see them go (even if it is temporary), hopefully they'll find a way to reopen. Just-dice was a pretty good place to invest, small reliable gains. That being said even if they do reopen much of the market might have shifted to other dice site operators (in all probability Primedice).

primedice doesn't accept investments from what i've seen.. maybe stunna will change his mind.

I would like to make a betting site of my own to allow investments like J-D, but i wouldn't know how to code it.

Anyone else who wants to make a J-D similar site? There's probably a lot of investors (and gamblers) who would like to join the replacement.



Title: Re: Just-Dice.com halts betting due to regulation
Post by: Minnlo on June 24, 2014, 09:54:08 AM
Have not read the new laws yet, will do soon. Let's see if it is a matter of tax or licence...

It seems it is about license and stuff like AML.

http://cointelegraph.com/news/111905/canada-signs-first-ever-official-law-regulating-bitcoin
Quote
“The five most important aspects of Bill C-31 as they relate to Bitcoin are as follows:
 1. Regulates Bitcoin as MSB – Bitcoin dealing, more specifically referred to as “dealing in virtual currencies” in Bill C-31, will be subject to the record keeping, verification procedures, suspicious transaction reporting and registration requirements under the PCMLTFA as a money services business.
 2. Does not define “dealing in virtual currencies” - The phrase “dealing in virtual currencies” was left undefined and it is not known what the defined term will encompass in terms of business activities once defined by regulation.
 3. Registration with FINTRAC - Bitcoin dealers will be required to register with FINTRAC and if successfully registered, to implement a complete anti-money laundering compliance regime.
 4. Captures foreign Bitcoin companies targeting Canada – Bill C-31 is more sweeping than other Canadian laws because it extends to: (a) companies that have a place of business in Canada; and (b) companies that have a place of business outside Canada but who direct services at persons or entities in Canada. Coinbase, for example, will have to register with FINTRAC to continue to provide Bitcoin services in Canada. Having a place of business means physically located in Canada, or having an R&R in Canada. Bitcoin businesses in Canada, however, that provide services to persons or entities outside of Canada are exempt from Bill C-31 for those external services.
 5. Prohibits banks from opening accounts for Bitcoin entities if unregistered - Under Bill C-31, banks will be prohibited from opening and maintaining correspondent banking relationships with Bitcoin dealers that are not registered with FINTRAC. This is an extremely important aspect of Bill C-31 and Bitcoin businesses should ensure they understand what a correspondent banking relationship is and how it can affect the provisions of banking services to them internationally.”


Title: Re: Just-Dice.com halts betting due to regulation
Post by: zimmah on June 24, 2014, 10:18:07 AM
for now i think i'll just invest in prcdice (http://prcdice) instead. Even though I liked Just-Dice more.

I just don't really like the website design on this one.


Title: Re: Just-Dice.com halts betting due to regulation
Post by: cheekychap on January 16, 2015, 06:43:58 PM
Please, update your info: JUST-DICE is alive and kicking! (https://bitcointalk.org/index.php?topic=242962.4780)

By bumping this, you almost made me think, it stopped again :P


Title: Re: Just-Dice.com halts betting due to regulation
Post by: ironman80 on January 16, 2015, 10:25:41 PM
It uses CLAMS instead of BTC,I wonder why?


Title: Re: Just-Dice.com halts betting due to regulation
Post by: leex1528 on January 27, 2015, 06:54:28 PM
So is it back, and using a different coin that you can gamble with?  Anyone have more information?


Title: Re: Just-Dice.com halts betting due to regulation
Post by: masterzino on January 27, 2015, 10:10:21 PM
So is it back, and using a different coin that you can gamble with?  Anyone have more information?

It is back from dead it is stated in their signature. They are using Clam coin.


Title: Re: Just-Dice.com halts betting due to regulation
Post by: yahoo62278 on January 27, 2015, 10:39:31 PM
ive been betting clams here. everything seems to working and all is well i believe.


Title: Re: Just-Dice.com halts betting due to regulation
Post by: jayce on January 27, 2015, 11:54:08 PM
its fine, doog did the clam alt coin to avoid the whole btc part im pretty sure, which is why people go exchange it back for bitcoin when they do win.


Title: Re: Just-Dice.com halts betting due to regulation
Post by: adaseb on January 28, 2015, 12:03:48 AM
Didnt' this website shutdown like 6 months ago. Why is it news all of a sudden./ Why bump it?


Title: Re: Just-Dice.com halts betting due to regulation
Post by: jinxx on January 28, 2015, 12:39:54 AM
Didnt' this website shutdown like 6 months ago. Why is it news all of a sudden./ Why bump it?

they didnt shutdown, they just added a altcoin called clam instead, https://just-dice.com/ its on the justdice thread.


Title: Re: Just-Dice.com halts betting due to regulation
Post by: karthus on January 28, 2015, 01:41:33 AM
the only reason why clam is a high value coin is due to justdice, i dont see anyone else carrying it.

and they been back operating since a month now?


Title: Re: Just-Dice.com halts betting due to regulation
Post by: Swordsoffreedom on January 28, 2015, 02:42:09 AM
the only reason why clam is a high value coin is due to justdice, i dont see anyone else carrying it.

and they been back operating since a month now?

Since someone revived it, Just dice has been fully operational for the last month or so after adopting clam
Users with Bitcoin Dogecoin or Litecoin before a certain date in 2014 have Clam in their wallet addresses as long as they have the private key so its free money to convert at an exchange or play around with.

It has a bit of value because older bitcoin users had some spare clams lying around in old wallets and just dice had a good rep.


Title: Re: Just-Dice.com halts betting due to regulation
Post by: Omikifuse on January 28, 2015, 07:22:52 AM
the only reason why clam is a high value coin is due to justdice, i dont see anyone else carrying it.

and they been back operating since a month now?

Since someone revived it, Just dice has been fully operational for the last month or so after adopting clam
Users with Bitcoin Dogecoin or Litecoin before a certain date in 2014 have Clam in their wallet addresses as long as they have the private key so its free money to convert at an exchange or play around with.

It has a bit of value because older bitcoin users had some spare clams lying around in old wallets and just dice had a good rep.

with so many free clams around I'm surprised the price was not dumped to 0. Either by the owners or by Just-Dice


Title: Re: Just-Dice.com halts betting due to regulation
Post by: crazykiddo on January 28, 2015, 08:47:27 AM
the only reason why clam is a high value coin is due to justdice, i dont see anyone else carrying it.

and they been back operating since a month now?

Since someone revived it, Just dice has been fully operational for the last month or so after adopting clam
Users with Bitcoin Dogecoin or Litecoin before a certain date in 2014 have Clam in their wallet addresses as long as they have the private key so its free money to convert at an exchange or play around with.

It has a bit of value because older bitcoin users had some spare clams lying around in old wallets and just dice had a good rep.

with so many free clams around I'm surprised the price was not dumped to 0. Either by the owners or by Just-Dice

There are more willing to buy than to sell it. This applies to other coins.


Title: Re: Just-Dice.com halts betting due to regulation
Post by: buddu on January 28, 2015, 10:38:51 AM
Hope is good for the better luck next time , We must trade by setting up some target and sooner as we reach to our target . We must take our profit and withdraw ourselves from there.


Title: Re: Just-Dice.com halts betting due to regulation
Post by: boumalo on January 28, 2015, 01:12:48 PM
the only reason why clam is a high value coin is due to justdice, i dont see anyone else carrying it.

and they been back operating since a month now?

Since someone revived it, Just dice has been fully operational for the last month or so after adopting clam
Users with Bitcoin Dogecoin or Litecoin before a certain date in 2014 have Clam in their wallet addresses as long as they have the private key so its free money to convert at an exchange or play around with.

It has a bit of value because older bitcoin users had some spare clams lying around in old wallets and just dice had a good rep.

with so many free clams around I'm surprised the price was not dumped to 0. Either by the owners or by Just-Dice

What free CLAM? You can dig some CLAM but usually people get 4.6 CLAM or a few times that so they have to buy to play/invest more

The thread name has to be changed...


Title: Re: Just-Dice.com halts betting due to regulation
Post by: waterpile on January 28, 2015, 01:29:50 PM
What free CLAM? You can dig some CLAM but usually people get 4.6 CLAM or a few times that so they have to buy to play/invest more

The thread name has to be changed...

yup, I think wallets before May has clams in it.


Title: Re: Just-Dice.com halts betting due to regulation
Post by: Swordsoffreedom on January 29, 2015, 08:03:44 AM
What free CLAM? You can dig some CLAM but usually people get 4.6 CLAM or a few times that so they have to buy to play/invest more

The thread name has to be changed...

yup, I think wallets before May has clams in it.

Answers it

The client needs the keys to prove ownership of the BTC, LTC or DOGE that was in the wallet on 12th May. The keys aren't sent anywhere and the client has been fully checked out and approved by several extremely trustworthy individuals (including the owner of just-dice). If you're still not comfortable then you can always send the coins to a new wallet and then import the now empty old wallet. The keys don't leave your machine but are used to generate the CLAM addresses in your CLAM wallet that would have qualified.

You'll receive CLAMS for any non-dust containing output in any of your BTC, LTC and DOGE wallets:

Bitcoin
height=300377 date=2014-05-12 12:48:17

Litecoin
height=565693 date=2014-05-12 13:06:31

Dogecoin
height=218556 date=2014-05-12 13:09:17

You only need the keys if you intend digging up/claiming CLAM from the distribution and you believe one or more of your wallets would qualify. Otherwise you can just buy and sell them like any other altcoin.