I think the visual aspect of the game would be better if it plotted your net profit rather than your current balance.
It actually originally used to be like that, but I found that profit/loss tends a bit too abstract for most people, and generally not how people think. But yeah deposits and withdrawals are an ugly hack (you can hit 'c' to clear the screen though). It's actually something that wouldn't be hard to have an option though: "show absolute balance" vs "show profit/loss". (And yeah, there's 101 outcomes. 0 to 100. It used to only be 100, but that doesn't leave the sexy clean numbers like 101 does)
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You're probably just best off finding someone who also wants a chance of double their money, and then flip for it. (While taking proper precautions that you don't get cheated while doing it ) There's also some crazy low house edge games on MoneyPot if you want to maximize your chance of winning. I think if you're trying to double a small amount (< 0.75 BTC), you can do it with only 0.1% house edge on sharpdice.com for example.
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so it was an internal deal and not an auction that we maybe missed?
It was just a small private deal. The goal wasn't to sell it to the highest bidder, just someone was interested in the project, and considering that I haven't had the time to do anything with it, it seemed like a win-win. Perhaps a public auction is a better way to see who's the most committed, but lets see how it goes =) The app uses the public interface (like all other MP apps) so i don't really see there will be an issue, and hope the new owner can take it to its full potential
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Was it sold or just given?
It was sold for a small (but undisclosed) price oh no, what happen??? it was one of the advertised app on moneypot!
It still is. I think this is a net positive for everyone, as I haven't had any real time to be able to further develop it at all, and I think the whole app has a lot of potential, so it's best off in the hands of someone who's committed to it, instead of stagnating with me =)
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The proofs appear fine to me, we use sha256 for everything except the final result, which we use sha512 for, due to needing 512 bits to path up to 32 bits dropping at once.
Seems to work fine now, does that mean you fixed it or I got it in some weird state earlier? (if it's the latter, I kept a record of the non-validating bets if that would help you debug it)
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I've transferred ownership of the app DustDice to a third party, who can hopefully promote and improve the game to it's full potential. So from now on, DustDice will not be an officially supported MoneyPot app =)
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Happy to announce that DustDice has been sold to a new owner "Ray" who will hopefully be able to promote and continue it's development. This means that DustDice is no longer maintained by MoneyPot itself =)
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Yes, it's provably fair, we also have a detailed and easy to use proof tool on our results page.Have you tried verifying games? I gave it a go, but couldn't get very far. There's a few bugs like changing server seeds and even things like the server seed hash not actually being the hash of the server seed. Also in one place it says it uses sha512 and the other uses sha256. Is that intentional? But neither of the hash functions seem to actually give the expected output =) Anyway, cool game it looks like it has a bright future. I think plinko is massively unrated and will get a lot more popular with time =)
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A nice win from Sparrow this morning:
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I just curious what is the use of invest and dinvest of moneypot .com Invest you can have interest 1% every day just like that?
Not really, it just allows you to be the "house". So when players win, they win from you (thus you lose money). When players loser, you win. There's a horribly written FAQ that covers it.
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Do you have it set up to where fees and such go to a separate account than your personal investment one? Kind of trying to grasp why there's such a big difference in what the site has/owes, . I guess the thing to note is that the "proof-of-assets" money is merely money to prove I'm solvent, not the exact sites assets. e.g. If you deposit 1 BTC, the sites assets (and liabilities) do go up by 1 BTC, but the money you see on proof of assets is going to be unchanged. Only when the public assets are less than the liabilities, will I dump more money into that address (or might source from it, if there's a run on the site) I don't provide exact proof of assets, as that would defeat a lot of the builtin privacy features of MoneyPot and it's not particularly important to show which bitcoins I own, but it's extremely important to show that I do own enough bitcoins (to prevent nonsense like operating while insolvent, or even running a ponzi)
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overpriced. lower initial bid amount and I might be interested
I'll lower the initial bid to 8 BTC, but for anything less than that, I'll keep it. 8 BTC would be less than 9 months of estimated income. can you prove income? You can check it yourself on: https://www.moneypot.com/full-stats.jsonwhich as of this moment: { id: 55, name: "Plinkopot", description: "", thumbnail: "8fc382bb8bf9eaf565b71de577c19f23e21bfd76a1ad1bbb8819c94d0b353f91", bets: 329302, wagered: 86786111368, ev: 830599976.776715, profit: 1078946544.6, app_comissions: 409755109.862347 }
Divide by 1e8 to get in bitcoin. So the app has made 4.1 BTC in commissions to date.
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Don't forget that the first account shown in https://www.moneypot.com/proof-of-liabilities.txt belongs to Ryan (he mentioned that somewhere in this thread in the past), so the actual liabilities (that is the total account balance of all MP users) of moneypot would be more like 777 - 170 = 607 btc. Yes, that is correct, I'm the first in that list =) Sometimes it's a bit tricky, but I do try keep a clear distinction between the site as an entity and me personally. So I'd definitely say the sites liability is actually 777 btc =) For all intents and purposes, I'm just a normal investor/creditor (although the only one who enjoys no counterparty risk) Does this essentially mean that 223 BTC of it is yours, and the site essentially has 25% more money than is needed to pay off all debtors?
Well, from the sites perspective, I'm just a normal creditor and would be treated as such. It's also important that my investment is covered by the proof of solvency, or there would be nothing would prevent me hiding I was insolvent (or faking a bankroll, or running a ponzi)
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The "proof of liabilities" list hasn't been updated for more than a week it seems. It is not a big issue so you could leave it behind and fix it when you are back. Have a nice trip. Thanks, and thanks for reminding me. I've updated it now, showing 777 BTC of liabilities on 1000 btc of assets =)
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I'll be traveling this weekend, and likely with intermittent internet access. Support tickets will be handled a bit slow (i'll try prioritize the more important ones first) and if the hot wallet runs out, I can't promise to refill it instantly (although I'll do my best, and put as much as I sanely can it in now).
If any large investors want to make sure there's funds to process their withdrawal, best to do it now =)
(I don't actually think there's going to be any problems, though.)
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Problem for BB is their low max. win 42 times lower than at PRC. This high max win allow players to bet 200 BTC at once, like this. Yeah, it's a definite limitation, and not something I see changing in the near future I think having a ~1000 BTC bankroll, with ~10 BTC wins is a sort of sweet spot in terms of catering to most players vs liability Although technically MP would support that bet if the person was willing to play with a ~9.2% house edge (not that anyone sane would do that)
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Wow, I was away for maybe a month from Bustabit and I just noticed maxprofit is higher than 19 BTC Someone lost big or Ryan put some liquidity in the pot? I put a lot of extra money (~200 btc) in the bankroll to support higher wins (something the whale wanted) but now that battle has been fought, i'll be shortly pulling money out of the bankroll and reducing my exposure =) So if you want your chance of a big hit, better be quick (Yesterday someone set a new record, with a >15 BTC profit hit) before i lower it down to about ~10 BTC again
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Ok, so how would I go about getting a patent on it? Especially in my country where it'll be illegal for me to run it anyways?
There's a lot of guides online to the process, they'll cover it far better than I ever could. As for the legality, I'm rather certain that it's not going to have an impact on your patent application.
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Slightly relevant, a couple weeks ago this guy approaches me to build him a casino. I told him I'm not really in the business of building casinos for other people, but he insisted that he needed someone he could trust to build it and he'd make it worth my while. So I decided to hear him out, and he explained his idea, and showed me his mockups. It seemed all pretty reasonable, and quite simple. Something that could probably be done in a month. So after a long speech, he finally started talking about consideration, and said that he'd be willing to pay 20, 10 before and 10 after it was done.
So I'm thinking I don't really have the energy to spend a month on someone else's project for 20 btc, but 20k USD on the other hand is something I'd have trouble turning down. So I asked him to clarify. No, $20. As in $20.00. Apparently he already has the idea and the mockup, so i just need to make it work. At that point I politely ended the conversation, and wished him luck finding someone else. (Which seems to be a good negotiating tactic, he later emailed me a 50% increase in the offer)
(Anyway, I don't mean to make fun of him. Many people are unaware of much energy, time, skill and care needs to go into coding. I get the impression that some people believe you just load up a form, tick a few boxes upload a config file and you're done)
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