When dooglus made a mistake he admitted his mistake and came clean about it immediately, he also rectified it immediately. You kept the site going knowing that you were taking money from people that you couldn't afford to repay. It is not a matter of you not having the spare 400BTC, it's that you knew you were robbing people and you had no problems with it. Like many others have stated in the past if you came clean early on people would be willing to work with you, but you choose another route. Therefore you are scammer. Explain to me again how u can try to compare yourself to other legitimate site operators?
All the people that have opened accounts and deposited BTC more than a week after the incident have been paid out immediately upon withdraw as I recall. Really why don't you start reading around page 41 of this thread. See how much you recall after that.
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When dooglus made a mistake he admitted his mistake and came clean about it immediately, he also rectified it immediately. You kept the site going knowing that you were taking money from people that you couldn't afford to repay. It is not a matter of you not having the spare 400BTC, it's that you knew you were robbing people and you had no problems with it. Like many others have stated in the past if you came clean early on people would be willing to work with you, but you choose another route. Therefore you are scammer. Explain to me again how u can try to compare yourself to other legitimate site operators?
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I think I have a claim to 5% of profits prior to the "investment" feature. I'm not entirely sure how much that is and I don't really want to look through the records to find out. The contract is dated May 9th when around 50btc were wagered on the site and I think the site funds were pulled prior to the investment feature at around 1500btc wagered.
Maybe this has no/little value, I don't know.
Would concur with that but did you recieve BTC back after "investment" feature, because that is on you to recover prior to investment option releasing in my opinion, ultimately you are still in a bad place. Ultimately though you own 5% of the company and have made that public now, not just invested in it as per you apparent contract. If I was you I would not "extort" (even though you appear not to be), your 5% of the company, I would as a sign of good faith be willing to release information of Casinobit as a way to protect yourself, because now people have someone with known involvement and easily could attack you to get to him. I received no return on my ownership stake, but I expected to. I would like to sell the stake for as much as I can get. I will only release information to the buyer. Who in there right mind is going to pay you money for something that is going to incur them more debt in the future. If you own 5% equity of the business you inturn own 5% of there liabilities as well.
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Not risk free, and 100% interest per week is more than you would get if pyramid schemes followed thru on the investment
Looks like you're a few weeks behind. That's actually a good thing in this scenario.
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I think they just need time to let the order book naturally sync itself up to the rest of the market. The platform seems light years ahead of everything else on the market. They also offer leveraged shorts which is huge for price stability in the long run. It's quiet shocking that none of the larger exchanges offer leveraged shorts. I know bitfinex does but the rates that are being charge are absurd.
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I would say that a casino that stay solvent is far superior; regardless, the games it offers.
So wait are you saying there's no value in offering an original idea and failing miserably. I can't seem to wrap my head around how being generic and profitable is better than being original and not profitable. Casinobit please enlighten us all with your maverick wisdom.
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Of course if we'd all be listening to your suggestions we'd all be running generic chinese games and paying 20% fees to our game owners in Bulgaria.
Yeah I can see you did better by not listening to my suggestions And people will definitely bet hundreds of bitcoins in the new casino knowing you are involved in it... You know that the "The house doesn't have much coins but if someone wins I will get the bitcoins from a friend" card works only once right? Don't take this scam any further and repay your investors and players! Yes I see where you're coming from, I will lend BTC from a person who owns equity in the company in the event of someone winning a large sum of money to bail all of our asses out. I have already done so previously.
Better be a maverick or a true original who is in debt rather than a copycat who offers generic games. And my statement still stands, I would cover any bets up to 2BTC. It's significantly easier to get additional loans to cover variance as well. Yeah you and your dirt ass cheap if not free video feed and a buggy as hell site are a true maverick. Better be a maverick with a dirt ass cheap video and a buggy website than a copycat who offers generic chinese games. What people don't seem to understand is that these things happen, if Dooglus wouldn't have 110k sitting on the table at the time of the error he would probably find himself in the same situation. Hoorah for the failed maverick. It's amazing that you compare yourself to others that actually pay debts. I really hope your not this clueless. Way to go fallen maverick.
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So, when are we going to be paid You (bettor) will be at the highest priority. The new owners should put up their new casino soon enough. What prevents you from paying the 100btc to the users/investors right now (approximately 1/3rd), and then when the new casino goes live, paying the other 2/3rds?
I don't see any logic in your actions. However, I did not see any logic in your actions in the past 2 months, so I guess that is expected.
Because putting the 100BTC towards the bankroll of the new casino will greatly accelerate repays as higher bets will be possible, plus I expect to get at least a part of those 100BTC back, as they are my own. He has no interest in paying anyone. Otherwise he would have already began to. He's claiming to fund someone else's casino with the money he stole then claiming those profits will make everyone whole. What he doesn't realize is the 100BTC he's investing needs to make 300BTC++ to cover everyone. So unless there's millions wagered in this new casino the reality of anyone getting payed is slim to none.
Troll harder Oh so he won't be actually paying anyone unless that casino becomes a wild success and generates enough profit for his investment share to cover the btc owed here. Yeah this is dumb if that's what he is planning to do.
Of course if we'd all be listening to your suggestions we'd all be running generic chinese games and paying 20% fees to our game owners in Bulgaria. Your level of stupidity is mind boggling. Had you coded/ran a successful venture you would understand how casinos work, but based on your logic of accerated profits to accept larger bets your clearly just a clueless gambler. Good luck turning your 100BTC into over 3 times that much to make people whole. Keep dreaming man. Let me keep trolling though you fucking moron, man up already and pay what you owe deadbeat.
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Which is the new casino you're going to invest? Is it open to everyone for invest in the bankroll?
This casino is being sold, I will be buying into the new bankroll with 100% of the profits going to cover debt. Making it open for everyone wouldn't look too good because I know people will claim that this is some ponzi follow-up so until the whole debt is repaid they are unlikely to open it. Someone invested his life-savings in Casinobit? I'm flattered What prevents you from paying the 100btc to the users/investors right now (approximately 1/3rd), and then when the new casino goes live, paying the other 2/3rds? I don't see any logic in your actions. However, I did not see any logic in your actions in the past 2 months, so I guess that is expected. He has no interest in paying anyone. Otherwise he would have already began to. He's claiming to fund someone else's casino with the money he stole then claiming those profits will make everyone whole. What he doesn't realize is the 100BTC he's investing needs to make 300BTC++ to cover everyone. So unless there's millions wagered in this new casino the reality of anyone getting payed is slim to none.
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Which is the new casino you're going to invest? Is it open to everyone for invest in the bankroll?
This casino is being sold, I will be buying into the new bankroll with 100% of the profits going to cover debt. Making it open for everyone wouldn't look too good because I know people will claim that this is some ponzi follow-up so until the whole debt is repaid they are unlikely to open it. So your taking money you stole to invest in someone else's casino with the expectation of paying off the people you robbed. How could you possibly believe this is a wise idea? Your clearly are delusional to think that your 100BTC investment is going to make over 300% profit to cover the 300BTC++ that you stole. Whoever has this clowns personal info please release it, there are definitely ways to handle this situation that don't involve this retard making decisions.
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Just wanted to update you guys, aksplace seems to have stopped responding along with his casino, it appears that they have changed their mind.
Luckily the casino is still being sold, I personally have about 100BTC that I am going to invest into the new bankroll to speed up the process of repaying all the investors.
I have just looked at the new casino and it looks great, should be live very soon and significantly less sluggish than ours.
You really are a class act, so you steal people's money to invest in another casino, then you try and make it seem like your doing them a favor by investing there money in another casino to pay them back.
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Why is the site being sold?
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For what its worth, I'm unaffiliated with the OP. Even if I've only posted 5 times.
Yes but see, even if someone opted to take you at your word, they'd still be nowhere, given that you haven't established one. Read, lurk, get in the WoT, start building, and then you can come with reviews and opinions that aren't rightfully and immediately written off. This is one of those things where if you want to contribute, you've got to actually contribute. Otherwise you're just increasing the white noise in a hall in which many people have trouble hearing to begin with. Dont take this the wrong way, but I read a lot of your posts where you mention WoT, if I'm not mistaken wasn't pirate40 one of the highest ranked members in the WoT? Seems like the WoT is just as gameable as anything else. IMO WoT or not, if you just assume everyone is full of shit until they prove otherwise you'll be fine. Its no different than the way things work in the real world.
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For what its worth, I'm unaffiliated with the OP. Even if I've only posted 5 times. Of course your not. The OP definitely doesn't post from multiple accounts.
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Maybe it's time for me to develop one...
Or maybe you come up with your own idea instead of leeching off others success, because, I don't know, you can never ever be the best copycat? So successful that he can't afford to pay investors/bettors. Your a clown. Stop posting from multiple accounts.
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Sorry for the delays with the payment, 45,000$ isn't exactly a small amount of money.
but as I understand is that he owes 45k and this is not the price he would like to sell. and maybe it is much less worth than the 45k, who knows? only the owner knows this. Demanding a higher price than what he owes is just plain greed. I think his main intention is to get out of this situation by all means (and to break even of course) and the easiest way would be to just sell this crapload of a casino. Who in there right mind would pay 45k for this casino? You can have something better built for less than 2k. Remember the new owner would still need to bankroll the bank as well. Don't really see selling it as a viable option. Your talking for close to a 100k investment to buy the site. thank You for jumping in. this makes a lot of sense what You are saying. but for 2k an online casino? could You give an example? to tell You the truth until now I didnt understand where the 45k are coming from. could some on explain please? would be very much appreciated. He's only offering 1 game (roulette) & the feed, layout & bet screen is coming from a service provider which charges a monthly fee. Do a simple google search for companies that offer casino software & you will see for 1 game, 2k is a high price. The coding on the site is very basic, all the coins are held on blockchain wallets. Not much to the site at all. The only big capital outlay is the bankroll for the house. The owner of the site was clueless when it comes to simple math & didn't work out proper calculations for investing in the sites bankroll. Anybody with a 6th grade education & 10 minutes to spare can easily figure out the proper calculation for investors shares of the site bankroll & correct payouts.
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Sorry for the delays with the payment, 45,000$ isn't exactly a small amount of money.
but as I understand is that he owes 45k and this is not the price he would like to sell. and maybe it is much less worth than the 45k, who knows? only the owner knows this. Demanding a higher price than what he owes is just plain greed. I think his main intention is to get out of this situation by all means (and to break even of course) and the easiest way would be to just sell this crapload of a casino. Who in there right mind would pay 45k for this casino? You can have something better built for less than 2k. Remember the new owner would still need to bankroll the bank as well. Don't really see selling it as a viable option. Your talking for close to a 100k investment to buy the site.
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Now the website is unavailable... I guess this is it?
Not surprising it's been about a month since he switched servers, doesn't really make sense for him to continue to pay for servers when it's been a known scam for some time now.
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It's quite possible all these troubles were caused by simple incompetence, and no ill-intent at all.
It's my theory too, but at this point CasinoBit's way of handling things makes him a scammer. There's the attempt to pay the investors by his sockpuppet bet, there's the fact that he still accepts new deposits... He's definitely a scammer, it's been over a month since anyone can pull out any real sized investment. Not to mention he uses tmbp as a second account to post on his behalf of not being a scammer.
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