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Update: coins returned. Lucky this time.
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Anyone lending on POLO should realize that return of his loan is not guaranteed. You are lending to traders who buy millions of dollars worth of s**tcoins like STR and DOGE, and should factor risk of trader's default into calculations.
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Probably related to the reports people's balances disappear due to Stop Limit Bug. If her balance disappears, obviously she can't repay the loan. Hopefully this all will be sorted out.
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Just happened to me for the first time - my loan is 4 hours past due. Has trader defaulted and Polo's algorithms failed to recover the loan? Or some temporary glitch due to servers overload? We'll see.
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It's not just today, Bitcoin has crashed x3-x10 times vs most other coins in the last 2 months. Bitcoin development has stalled after bearded crazies took control over its github repository. There is a race which coin will replace bitcoin as leading cryptocurrency, and everyone tries to pick a winner and become an early adopter.
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This seems a one-way road: you can deposit but you can't withdraw coins.
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nope it is not, there is less than one BTC in hot wallet
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It takes up to 72 hours to refill hot wallet; send an email and wait patiently.
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Wait, Cloudflare has access to all decrypted data on the server end of https sessions? So Cloudflare employees or employees at data centers that cloudflare uses have access to all Bitfinex, poloniex etc passwords? Completely irresponsible if so, regardless of cloudbleed bug. They are basically selling user security for 30 shekels worth of traffic reduction.
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this dice needs more promotion imo, it was better before now needs volumes
They have issues with balances. How much did you deposit?
About ~0.002btc (not much) Still, I couldn't claim the faucet even before depositing. So there must be some kind of hard limit of only allowing to claim 3-4 times per week? I have no idea how you guys are even accessing the website. For me it was down for the last few weeks with a few hours of uptime in between. Basically it redirects to some secret URL hash and then that's it, completely blank page. No idea why I can't access it. Same here. Completely blank, tried 3 different browsers. |
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Max profit in dice is Global Bankroll / 1200
Thanks, this is very valuable information. |
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Max bets are based on the "Global bankroll" not the pre-margin numbers.
In that case max profit in dice would be 1500*1% = 15 BTC. But max profit in dice is 1.26 BTC currently. What am I missing? |
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Looks like Max Bet is computed from real invested BTC, not from "Global BR", so the latter number has not much meaning
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Hmm, looking into it, it's not really x5 Kelly, its x5/(average for all investors). So if everyone else invests at x4, and you invest at x5, you've got 1.25 Kelly, do I understand it correctly?
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Assuming probability of site cheating is zero, there are also non-zero probabilities of 1) an implementation bug 2) server hacking. Bitcoin history shows ~10% of all servers with bitcoins on them are hacked ... so it's 50 times more probable that N2s has hacked the server than that he won it randomly  |
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Probability to win 110 BTC in 625 bets of 1.7BTC each, with 1% house edge, is about 0.2%. Considering some bets were lower than 1.7BTC, this event is even more unprobable.
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Actual profit for investors still positive though - about 0.1% of total bet
Incredible low considering the time the site has been around, the volume bet and also the high house edge (dice is 1% but all other games are much higher). Dice accounts for 75% of all bets |
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Actual profit for investors still positive though - about 0.1% of total bet
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Now that is very serious accusation.
Not an accusation, just disclosing one of the risk factors that investors must understand. |
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pray that N8s is not house itself .. you can never be sure
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