I realize you've only been open 3 days now, but have any loans been made yet? When loans are made, are they going to be private, or public (at least on an address basis)?

Can you tell us more about yourself? Real name, location, picture, etc? Can you give specific examples of what kinds of things you invest in that would justify 30% yearly interest on bitcoin deposits (which already appreciate at a fairly ridiculous rate on their own)?

Think before you post slander. Noone has even reviewed my method yet so unless you have, you are not the right person to be making judgments.

Its like Gox is taking down the whole system.  All the ways to buy, sell, trade.

Screw this people.  Lets give up on the whole exchange idea, and money services crap.  Lets just buy and sell btc at local meetups and in irc.  Then convince our friends and neighbors to buy some from us, get them to sell to their friends and neighbors.  Like a giant crypto chain letter.  Then we get this sucker distributed and we can use it as a workable currency.

And no more fucking SD!

To make sure we are on the same page, you mean that the casino's earnings are not provable to investors due to easy manipulation and knowing secrets ahead of time.  
You would do this by creating a rawtx and checking its result, rinse and repeat until you have the required winning tx and then broadcast it.

This is completely true and something many SDICE. investors do not appreciate, comments were made before that they could simply run bots to attract investors prior to making their IPO.

We also could abuse this by using it to claim progressive jackpots or flooding our log with win statements to make it look more attractive to players. This would require much more work as our jackpots require you to hit a single number on a max bet thus increasing difficulty of 'mining' the correct sized txid.

No.  This is a list of bets.  

Why does it say Untrustworthy under your name?

I think if you want to make sure its well back/insured you should give 50% or even 100% of any coins deposited into escrow in the case of a default. By this I mean if 50 users deposit a total of 100coins then you should give escrow 100coins in the case of a defunct.Also I would make sure that the escrows are split up between escrows. Maybe a max of X coins per person.

You could also do something with multikeys and have a privite key generated and signed with multiple keys give to X trusted members on the forum. You keep the names privite and in the case of a defunct that one would start a thread and the other would reveal themselves.

Update, started getting my interest payments into my account, will wait a few days to test the withdrawal and all that, but so far so good!

Here is a situation though, Satoshidice knows their own secret word ahead of time, thus they can submit bets to themselves as if they are the player, since they can potentially "be" the player and know the secret word ahead of time (since they are really Satoshidice) they can thus submit selective bets and raise the house edge to such a degree that no one of the investors would be getting a cent.

In the "real world" there is so much surveillance and protocols that casinos have to follow that claiming a person won a million dollars without it happening would be virtually impossible. Funny that so many people are defending their precious stock yet they fail to see and to point out this simple flaw while claiming some algorithms/blockchain protects them on the low level.

We can now establish who is right in the first argument: Me


Satoshidice claims it is "provably fair" but decides they will not prove that they are fair and so far it hasn't been proven once. Now I do understand your claim that they must not prove that they are fair to really be fair but then it's the argument of religion basically, if I hold my hand behind my back and claim I have a couple of pounds of diamonds in my hand I would be the one making the statement thus I would be the one needing proof (e.g. showing you the diamonds) and not you needing proof of me not having the diamonds in my hand behind my back in order to establish that they really are not there, since I have no initial proof of my statement it is disregarded.

Makes sense? Gox has everything to do with it since both of the companies are ran by teenagers that fail to employ the proper people to do a job they are unqualified to do out of pure greed.

We can now establish who is right in the second argument: Me



Interesting that the mainstream will roll with the established website despite the utter stupidity in doing so while such alternatives exist.