Rarely (never?) will you see a detractor with a registration date before Feb 2103.
How's the weather over there in the 22nd century? And what's the price of Bitcoin? There has been a huge surge in the amount of negativity on reddit's /r/bitcoin in the last couple of days (2014 time). All the trolls are upvoting each other and downvoting everyone else. |
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If it makes you feel better, it's not like you could actually cash out that much BTC to real money.
There are currently bids of $500 and over for 721 BTC on bitstamp alone. That is money that has been deposited and is just sat there waiting for someone to offer their coins for sale for $500. That means OP could get over $350k for the 700 BTC he is owed. I don't understand why people think it's not possible to exchange BTC for dollars. It's very possible and happens all the time. |
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I have seen cumulative turnover BTC of over 600 coins on a single user at Just-dice by the way.
We've taken single bets over 5000 BTC each, with the biggest one being over 7000 BTC. One guy bet over a million BTC in a single day. We've cashed out players to the tune of 10,000 BTC in a single withdrawal. We've taken over a billion bets without a single withdrawal problem. We hold coins for over a thousand people who bankroll the site. It is possible to run a trustworthy, probably fair, provably solvent Bitcoin betting site. |
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If people can create fractions of satoshis withou limits, it's the same as creating more than 21 million coins isn't it?
No. If I have 1% of all the bitcoins that exist and the protocol is changed to allow 10 digits after the decimal instead of 8, I still have 1% of all the bitcoins that exist. I'm no richer or poorer than before. If I have 1% of all the bitcoins that exist and 21 million new coins are created, I now only have 0.5% of all the bitcoins, and am now only half as rich as before, since doubling the number of bitcoins makes each one worth less. It's entirely different. |
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I will ask a moderator to close this thread.
Is there any official information as to what happened here? I was asked to help keep the signature contest honest by making up a random secret key and keeping it secret, and did so. And now it has all apparently gone wrong. Why isn't Scrat saying anything about it? Or has he, and I missed it? The last I heard was around a month ago when he asked me to sign a message listing the winners and their addresses with my PGP key, which I did. |
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where's the rest ~30k?
maybe its expected result was -25K but he finished +5K Yes, it's something like that. The extra 30k (or whatever - it's hard to put accurate numbers on it because he constantly switched accounts and so it was hard to know which accounts were him) is the amount nakowa should have lost but didn't. To make a cleaner example / thought experiment: If someone comes to the site, deposits 10k BTC, bets it over and over again, making a total of 3 million BTC wagered, and ends up breaking even, the expected profit increases by 30k BTC, but the actual profit doesn't change. The shortfall increases by 30k. Where is the missing 30k? The player doesn't have it - he only deposited 10k BTC and withdrew 10k BTC. The site doesn't have it. It's merely a shortfall of expectation, I guess. |
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Well, he also played with some virtual money accidentally credited to his account.
He lost that money, which is not much different from not getting it in the first place.
Still, you might consider he owes that money to the site anyway, since technically he actually played and lost it.
He claims that someone else played it without his permission. But let's not go digging all this up again, eh?  |
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Looks like GNUPlot.
That's right. |
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As you mentioned, BitcoinProject doesn't include data from the start of JD, the graphs Dooglus has made do.
Right. He set expected profit equal to actual profit when he started collecting data. Click 'all' and see how the two lines meet at the left. |
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This should be petty easy to resolve. If they're for real, I'm sure they will be willing to offer proof of solvency, and if not they will be unable to.
Of course nobody can make consistent gains of 1 or 2% day trading, and even if they could they would use their own coins, not yours.
Barely literate quote from operator doesn't help credibility much either.
"The question is basically and need proof".
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When I first saw JD the site profit was 0.24%, now its 0.3%. What was it at the low point after that whale won a bunch?
We recently broke 0.3% for the first time since nakowa played back in September. It prompted me to make charts showing how the profit percentage has changed over time. These charts show the actual percentage over time, and corresponding percentages:   I am interested to know peoples real life investment returns on JD if anyone would share. Cheers
There's only one investor who: * invested on the day of launch, and * hasn't touched that investment since I wish I have made an account on the day of launch and put 1 BTC into it to have a reference to show people, but I didn't. So here's that investor's history:  He invested 0.01077792 in June 2013 and now has 0.01437991. That's a 33.42% growth in 10 months. |
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can someone help me please ?
where do I find the "tx_id:out_index" to calculate bet results.
is it simply the txid ? or something other.
It's the txid of your bet transaction, then a colon, then the number of the output within that transaction, counting from zero. Typically there are two outputs in a transaction, the payment and the change. One is output 0 and the other is output 1. Blockchain.info will list them in the correct order. |
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I've Spent the last 2-3 years paying back clients working 2 jobs and running a security business and to date ive paid back 95% of outstanding AUD accounts to my clients and the other 5% being in my opinion Scam artists.... the bank still retains my funds to-date.
Are you saying you have been paying back WBX clients? Because I paid them back too, using the BTC from the WBX cold wallet. I posted in this thread regularly about my progress towards refunding your clients. Does this mean that some lucky WBX clients got paid back twice? From day 1 the bitcoin was always secured by Chris (dooglus) both online and offline for security reasons and i can honestly say and chris will back this up.....i had no control over where it was stored (i only knew the address it was stored under) even to the point of not having access to withdraw the BTC, (as you are all aware of) once i had all AUD seized from me by the bank i became increasingly worried for the BTC that Chris would run off with the funds, so i requested the BTC back on several occasion even to the point of threatening him.
I don't remember you threatening me at all. You suggested that I should take care of the cold wallet since you didn't have a way of keeping it safe, and I agreed to. When you shut down the exchange and vanished I took it upon myself to make sure your clients were paid back. You agreed that I should do that too. I'm surprised that you now say that you have also been paying them back. I'm pretty sure that you had access to the online coins at all times. The hot wallet was on the website. That was an account you signed up for and maintained control of, even to the point of locking me out of it eventually. A few weeks ago i reached out to Chris to help with the exchange again and had no reply? also apologizing to him with no reply?
I'm sorry. That was a little rude of me. I'm not interested in working with you again. At the time I was trying my best to ensure a fair refund to the clients you left high and dry I attempted to contact you many times and got no reply. You answered none of my enquiries about specific uncredited deposits or unpaid withdrawals. Then, to see you raise your head again after more than a year of silence, calling me "Doug", and asking me to help you get the exchange back up and running was pretty unbelievable. I decided to go with the old advice that if you don't have anything nice to say then say nothing at all. I just received an email from a stranger asking me about you: I hate to impose but we've never met, I found you on one of the bitcoin forums. I was wondering if you could give me a summary of where Worldbitcoinexchange aka WBX stands at the moment? Has Andre paid all of his customers and has the owner of this site been a part of any fraud?
The reason I ask is because I was about to contact him in relation to a business proposal, but I don't want to deal with an individual that has burnt either his customers or previous business associates, seeing as though you seem genuine and have worked with andre in the past, what is your recommendation?
The stress and pressure of cleaning up the mess after you went to ground was something I'd choose never to repeat. I don't really know how to reply as I've no idea whether you were part of any fraud or not. I've seen no evidence that your bank accounts were frozen. It could be that the banks ripped you off, or that you ripped your clients off. |
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The site is very nice, it could be better to let the investors opt to risk up to 1% of their investments per bet
This has been discussed a lot in this thread already, and while I've not ruled it out, I'm still not convinced it is worth allowing. |
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Sometimes it's rigged sometimes is not  The game is provably fair. It's never rigged. On an average day the house profit is 1% of the amount wagered. If you average over a long enough period which extends forwards to infinity. If you average over the time it has been running and weight by volume then the profit on an average day is just 0.29% of the amount wagered. |
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Doog what are you working on these days? How are you spending your time? Has this turned into more of a maintenance site now and it's not innovating or are changes coming? What's your personal plan for the future of this site?
Most of my time is taken up maintaining the site and supporting existing customers. I'm making improvements when I can. Most recently I added the ability of players to private-message each other, or to privately message whichever chat moderators are currently online (/msg and /mod commands respectively). |
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