is aprilcoin scam?
Of course it is. Look at the front page: "A Risk Free Investment Opportunity Platform" and "We pay 0.1% Hourly (2.4% Daily) on your Active Investments. By Real Trade in Real Markets." There's no risk free way of making 2.4% daily on the markets. It's a scam, I guarantee it. |
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lol..I can see many nice red marks on the op's profile should I add mine too..I have also lost my coins too so I have rights to mark him red
It's too late - OP already made a new profile to advertise his new scam. This one is dead. People need to leave feedback when the scam starts, not after it has finished. It's easy enough to spot these scams. If they are paying unrealistic guaranteed returns, it's a scam. End of story. |
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Let's tell anonymous about. They will do the rest for us  Not your personal army.  |
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* the initial distribution was done in blocks 558 to 9262 inclusive, and no other unspent outputs from the first 10k blocks exist.
Not entirely accurate: there were also rewards from initial staking/mining (to get the chain to the launch height of 10,000 blocks as well as to smooth the launch itself as we were 100% PoS immediately at launch) in blocks 9262++. That said, all of those unspent outputs ended up at the unspendable burn address. Edit: I suppose those outputs used to stake initially would now be "unspent outputs" at a greater height than 10,000. Not entirely accurate? How very DARE you?!?  The burn transactions happened after block 10k, so I think I'm right in saying that all unspent outputs from the first 10k blocks are all initial distribution outputs. I think I remember checking once and am pretty sure it's true, but I don't have a proof on hand right now. |
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Let's break the maths down a bit:
[...]
So let's plug that back in the equation:
(-10BTC)(0.495)+((10BTC)(0.505) * 0.9)
which gives:
-0.405 BTC
The same number the OP gave. In effect, the investors have an expected loss of 0.405 BTC. JD makes up for this, by using a high-water mark on commissions, so that if you've taken an investing loss you get pure +EV until you're eventually back in the profit
I calculated the EV for the investor when there's a single bet of 10 BTC at 2x when you first asked, without reading on to see how you calculated it. I wrote: player loses 50.5% of the time, investor wins 10 BTC, pays 1 BTC commission, net win +9
player wins 49.5%% of the time, investor loses 10 BTC, net win -10
EV for investor: 0.505 * 9 - 0.495 * 10 = -0.405 = -4.05%
so we agree. If there's only a single 10@2x bet in the first week, the EV for the investor is -4.05% of the amount wagered. However, I disagree that JD makes up for this by using the high-water mark. While the high-water mark helps a little, I think the most significant factor is that we only take commission on *net* profits, at the end of each week. There's never only a single bet, and as soon as there are more than 17 bets, the EV for the investor goes positive. Here's the EV for the investor for various numbers of bets: 1 -4.0500%
2 -1.5502%
4 -0.9254%
6 -0.6130%
8 -0.4177%
10 -0.2811%
12 -0.1786%
14 -0.0981%
16 -0.0327%
17 -0.0327%
18 0.0218%
20 0.0681%
30 0.2266%
50 0.3872%
100 0.5501%
200 0.6654%
500 0.7672%
1000 0.8176% and the script I wrote to calculate that: #!/usr/bin/env python
f = {}
def factorial(x):
if f.has_key(x): return f[x]
if x < 2: return 1
f[x] = x * factorial(x - 1)
return f[x]
def c(n, k): return factorial(n) / (factorial(k) * factorial(n - k))
p = 0.495
for trials in [1, 2, 4, 6, 8, 10, 12, 14, 16, 17, 18, 20, 30, 50, 100, 200, 500, 1000]:
sum = 0
for wins in range(trials + 1):
profit = (trials - 2 * wins) * 10
if profit > 0: profit = profit * 0.9
v = 100 * c(trials, wins) * p**wins * (1-p)**(trials-wins)
sum += v * profit
print "%4d %7.4f%%" % (trials, sum / (trials * 10))
Edit: I would have run it for bigger numbers of bets, but the script fails shortly after 1000, with errors like: v = 100 * c(trials, wins) * p**wins * (1-p)**(trials-wins) OverflowError: long int too large to convert to float and: RuntimeError: maximum recursion depth exceeded I guess I need a better implementation of c(). |
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It's clear that dev received jackpot when Doog decide to go with CLAM. But what else can we expect from dev. That plans from beginning ( http://clamclient.com/#/development-plan/) are still have very slow progress or not progress at all (CLAMprivacy, CLAManon). Beside that; these is only coin that give better reword to those who come later, again thanks to Doog. Can we expect some change ( reducing rewords) or that 4.6 CLAM per address will stay forever? The coin gives the same reward whenever you find CLAM: a little over 4.6 CLAM per address. I can't take much credit for the price of CLAM. The price of CLAM depends on the demand for it which is largely out of my control. I provide the JD platform but don't have control of how much people want to use it. The rewards have already been distributed. I don't think its possible to change that.
It's possible to change pretty much anything. It would be possible to add code to the client saying "in all blocks after block 500k all inputs created in the first 10k* blocks are worth half their apparent value" (or double, or nothing at all). That would create or destroy coins the same way that staking currently does. * the initial distribution was done in blocks 558 to 9262 inclusive, and no other unspent outputs from the first 10k blocks exist. |
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Yup I found aprilcoin.com
Absolutely no fees? This is incredible!  ... and then:  Hmm. Greedy Ponzi operator is greedy! |
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While doog's take down in the post above is nicely done, I really liked his earlier step by step tutorial on how to verify your rolls on PD. The closing paragraph should be posted to every thread where some loser complains of cheating on a provably fair dice site!
Thanks dooglus and good luck to everyone!
Ah, a flashback to when I had a little more patience...  |
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I wouldn't say they are cheating using something as obvious as that.. but before the total bullshit streak that always seems to happen no matter what, notice the bets lag just beforehand . Lag is random. Sometimes it happens before you lose, other times before you win. You're giving more significance to lag before you lose because it confirms your suspicions. This is called confirmation bias. You can verify your rolls after they happen. All your rolls are predetermined. PrimeDice can't affect the numbers you roll. Primedice obviously have somewhat control over bets or they would be bust long ago..
They have a 1% edge in their favour. They pay out only 1.98x instead of 2x for a 50% bet. That's why they aren't bust. Everyone can see the verified rolls, but surely some people are smart enough to realize they have a system in place that chooses them rolls for you lol?
Some people are smart enough to understand that it doesn't work like that. Your pair of seeds determines all your future rolls. There's no choosing once the seeds are set. The rolls are legit and random yes, but the rolls that end up that you win are cancelled out and made sure they out of whatever range your betting within. (Or something similar anyway)
Either the rolls are legit or they aren't. Your (or something) at the end just shows that you have no idea what you are talking about. The 20 loses in the row bullcrap happens all the time if you leave it run for too long, if i had the luck too pull odds like that so often i'd be winning the lottery monthly - yeah ok..
20 losses in a row at 49.5% should happen about once every 860k rolls. Lottery jackpot wins happen much less often than that. Also you play the lottery much less often. You can make a million PrimeDice rolls in a week, but you can't play the lottery a million times in a lifetime. EDIT: Old thread but why isn't this looked into?
It has been looked into. You're not contributing anything new. |
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From what I heard in the beginning days Primedice did take private investments to fund the bankroll, but seems that was before, and not sure about now. If they took investments, they would probably not be disclosing any bug information, so I doubt they still have any investments.
Not really taking public investments but yes PrimeDice is funded not only by Stunna and Edward but also several others people. Might just be a small group of people whom Stunna knows pretty well. P.S : Dooglus might be one of them ( I may be wrong though ) I'm not ( you are ) Investors are the one's who got fucked the most
It is a risk which you have to endure as the funder of the site. "House always win" but the phrase doesnt mean that someone cant win big from the site. Which unfortunately in this case, 2k + BTC obtained by using some sort of exploit I would imagine that each investor got fucked in proportion to the size of their investment. |
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Yep i dont think its a scam either, i used to play there and it just seems that most of the people who play there are pretty dumb wich would explain why their profit is so high with such low house edge
Dice isn't a game of skill. Being "dumb" doesn't change the house edge. However you play the edge is the same, unless the site is cheating. Haha... Thats so true. I know a guy who was trying to lose so hard. Betting "dumb" and he just couldn't lose and eventually went up A LOT. So yeah , doesn't matter if u are dumb or smart , all that matters is house edge and ur luck . But what does matter is if you quit or you still play there and when i was playing there the users in chat were always coming up with "new strategies" and they kept loosing their money and again and again, thats what i meant by dumb players Whether you quit or not only matters to individual players. It doesn't affect the site's percentage profit. As far as the math is concerned all players are the same. One player playing for 10 hours is the same as 10 players playing for an hour each - you still expect them to lose 0.1% of everything they wager if the house edge is 0.1%. |
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Dice isn't a game of skill. Being "dumb" doesn't change the house edge. However you play the edge is the same, unless the site is cheating.
Haha... Thats so true. I know a guy who was trying to lose so hard. Betting "dumb" and he just couldn't lose and eventually went up A LOT. So yeah , doesn't matter if u are dumb or smart , all that matters is house edge and ur luck . When testing changes to Just-Dice I will sometimes try to lose, and it's hard. The 1% edge is tiny if you don't play for long. The most effective way of losing is to play with a very low chance of winning, but then it can go horribly wrong and you win a massive payout if you're unlucky. |
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Yep i dont think its a scam either, i used to play there and it just seems that most of the people who play there are pretty dumb wich would explain why their profit is so high with such low house edge
Dice isn't a game of skill. Being "dumb" doesn't change the house edge. However you play the edge is the same, unless the site is cheating. |
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The problem with that assumption is that there will have to be 3 accounts with the same seeds to make sense of that theory. At the end Robinhood clearly showed the advantage he took of the flaw by winning many 10 BTC bets. So he probably didn't reveal the seed on that account, as he knew the rolls.
[...]
Or perhaps he had 2 separate pairs. If he managed to get seeds off 3 accounts, then there definitely exists or existed a flaw. I wonder why Stunna still hasn't commented on it.
My guess would be that he had a way of making pairs of accounts with the same server seed. So Hufflepuff and Robbinhood had different seeds, but each had a 'twin' that was used to reveal their seed. Of course, that's just a guess, and we'll have to wait for Stunna's edit to really know. |
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So when will stunna explain?
what explain? how hufflepuff did that? Stunna said he is going to edit his post in this thread with full details of the exploit. this is the post where Stunna is going to provide the full details. Originally it said: Since this up again.
Robinnhood = Hufflepuff. Both abusing the same exploit I posted about a couple of months ago.
Hufflepuff was paid out over 2.5k BTC over multiple accounts he used with this exploit. Can link the TXID's if need be since I'm not concerned about his privacy obviously. Robinnhood however was not paid out as when we patched the glitch we made it so anyone who did it could not withdraw in an attempt to recoup a small amount of our losses from the exploit. So instead he kept rolling wins in attempt to be funny with no ability to cash out.
Hope this clears things up.
And Primedice's bank roll was barely affected and the exploit is now 100% fixed. The exploit only affected the house & not players. This is another reason why we don't accept investments and advise others to be careful doing so! Unforeseeable stuff like this happens.
Then it changed to this: Edited out for now, will edit in with the full details later. It would be preferable for people to be presented the full story rather than vague details here and there.
And later he will edit it again and fill in the details. He doesn't appear to have edited the post yet. What has to be explained is the more detailed story on how did he manage to get his own seed. The server seed is never revealed to the gambler until he changes or resets his seed. But in this case hufflepuff managed to figure out his seed in some way.
If two accounts had the same server secret for some reason, you could reveal the secret on one account, and play using it on the other account. That may be what happened, but I don't think it has been revealed yet how anyone would get the same secret on two different accounts. |
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I'm not sure why you are attacking me in this situation? I have removed investment options from the site. Although 25% is easily reachable with my advertising payout and investing some of the funds into more advertising, I have choose to just build the site without outside help.
Quite frankly there wasn't enough participation for it to be worth the time and effort.
Thanks Dooglus for your concern.
I'm not attacking you, but you didn't appear to have any upper limit on the amount you were willing to accept. There was a lower limit, but no upper limit. If you really are able to make 25% weekly on any large amount, we need to talk. I'd love to be able to almost double my net worth every 3 weeks. I think it's reasonable for me to check out any links that people advertise in my site's chat box. Also, when one of them looks potentially scammy I think it's fine for me to follow up with some questions to try to figure out whether it really is scammy or whether the site owner has found a miracle way of making unheard of returns on a weekly basis. Don't you? |
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The investment I was referring to was to fund the faucet and Development time for the site. Please refrain from coming to a conclusion and calling me a scammer. I have given away a lot of Bitcoin and I am not looking to scam anyone. How is it possible that you're paying 25% weekly when you have yourself said you are YET to see any return on your own investment? Sorry... but this does not add up. You're a scammer and only want us to "help your wallet". You don't specify any maximum on the amount to send, just that you will pay 25% interest weekly. How are you able to do that? I wouldn't mind making 25% per week. If I invested 1000 BTC, after 45 weeks I would have over 22 million BTC and declare myself "winner of Bitcoin", so excuse us if we're a little sceptical of your claim to be able to generate 25% per week on any amount.  Edit: I was entirely unaware of helpmywallet.com and this thread before you started advertising it in the Just-Dice chat. Some chat: 11:42:59 (1) <@dooglus> helpmywallet, I just noticed your 25% investment feature. is there a maximum amount people can invest?
11:44:00 (1096421) <helpmywallet> dooglus, I was just talking with arrogant. I haven't had alot of response with the investments. I would consider private investment options doog
11:44:31 (1) <@dooglus> helpmywallet, so if I invest 1000 BTC with you, you would pay me 250 BTC per week, forever?
11:50:05 (1096421) <helpmywallet> I removed the investment option. I am very vocal and give investors direct email... 25% can be offered with my mining efforts and ad payouts
11:50:17 (1096421) <helpmywallet> i am getting alot of traffic
I'm not clear on the situation still. If you can afford to pay the 25% why did you remove the option? |
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The client is fully synced now, and I can see it's trying to stake, too. With a relatively fresh deposit of only 108 CLAM it may take a while. Thanks for letting us know that it is possible! It's a shame you weren't able to reproduce the crash though. I would have liked to fix it. |
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www.bitaces.me is running fine and everything is working so feel free to give it a try! I gave it a try. It seems to be treating pushes as losses:  We both have 2 pair with an ace kicker. So why does that count as a loss? Also, the cards are very hard to read. They all look like aces, except for the rank in a tiny font. There were 28 push hands, with total of 0.3BTC which were returned to the account balance. Also it has been fixed now, so you are safe to play I'm not gonna add new functional on bitaces as it will be moved to bitdice later. But everyone is able and allowed to play in the meantime. Regards, Alex Thanks. Received my 0.1 BTC refund. |
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FWIW, I compiled clam for the Odroid C1 a few hours ago, and it's currently syncing. It did die with a segmentation fault (  ) after syncing a few thousand blocks, but has not skipped a beat since I restarted it. I'm doing a sync from scratch to give it a good workout. The seemingly random segfault bothers me a little. Once fully synced I'll move the db elsewhere temporarily then try another sync from scratch, to see if it dies at the same place. Hopefully it does. [edit: running from a virgin data dir didn't segfault.] For a more consistent and faster syncing experience, try using the bootstrap.dat file I updated yesterday. https://bitcointalk.org/index.php?topic=623147.msg9772191#msg9772191Starting with just that file, and running with -connect=127.0.0.1 should prevent your node from connecting to any peers while it loads the blockchain from the bootstrap file, so if it crashes once it should crash the same way every time. |
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