For anyone not following, iDice is a scam site that copy-and-pasted their entire code base from etheroll with some very minor scammy changes and then conned a bunch of investors into giving them money.

No idea what's up with their "50% profit" this month (and can't be bothered to look into it), but I wouldn't be surprised if they just lost money to themselves to make it look attractive with the intention of offloading more tokens to suckers.

@JPR can you please clarify what you are talking about:


You seem to be implying that I embezzled funds or something of the sort. I would like the chance to show that such a thing is nonsense, but I literally have no idea of what you are talking about or have any memory of a jackpot or anything of the sort.

I have no idea of what jackpot you are speaking of

Can confirm He's quite possibly one of the most unpleasant people I've dealt with before.

I'm really not sure why he doesn't just use his energy for something more productive, it's not that much work to process payments using bitcoin and he could have his site up and running again and do things exactly how he likes with no restrictions.

I don't think that's a fair assessment. As I recall (my memory might be off) is he had a high house edge casino where the user is trying to win X bitcoin. There's two ways to structure it: The first is the obvious: the user does a high edge bet where the user was trying to win X bitcoin.

The second way is a bit more clever, you send a low-as-possible-edge bet to moneypot where the user is trying to win (X+N) and then if the user wins, "force tip" the N to the casino owner.

From a players perspective both ways of doing it are identical, so the player isn't getting cheated. (The extra money actually comes from screwing with the commissions that MP charges, and minimizing the "fat" on the bet for investors).

Back when I created/ran MP, I didn't really care because I never accepted any bets that weren't kelly compliant so it was still advantageous to investors; so really the worst case is just that I didn't make commissions, but considering the low volume that JPR did it wasn't an issue.

The real problem though was with some of the later changes under the new ownership, they would accept bets up to a 3.33x kelly (irrc?). For anyone not familiar with the kelly stuff, any bet >2x kelly is actively harmful for investors (at least in terms of expected br growth). So the only way this is really sane is if you expect very little high kelly bets, and get a lot of extra publicity due to it (e.g. the max profit is higher).   But the problem with JPRs style bets, is he effectively turned "good bets" into "bad bets" now.

As I've mentioned a few times, I think the real fix was to make sure that the site never accepted >1x kelly bets and not muck around with any bandaid solutions.   Although it definitely might make sense to stop JPRs "force tip" style of bets, because it's confusing to users and it's obviously intended to subverts the commission structure.

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So anyway, I don't think it's fair to call JPR a thief. But he's sure annoying as fuck, and should move on with his life.

And regarding the thread, it's been >6 months since MP promised to pay back investors. I think the absolute least they could do is publish some pretty firm numbers to the people involved of how much they're going to pay them and in what sort of time frame. I understand it might take a few weeks, but it's now been months. If I held such a debt and made such promises, I would consider it my top priority.

So you froze the ability for people to withdraw for days beforehand and didn't even use that time to even understand how bitcoin cash works? Surely you must realize by now that not only was the freeze pointless (thanks to consensus level replay protection) but unfairly resulted in you now sitting on a lot of bitcoin cash that your users would have otherwise been able to access.

Can you at least confirm if you have a snapshot of all users balances at the time of the fork, if you ever decide to be reasonable and offer bitcoin cash to your users?

I'm ready to process anyone's BCC withdrawal from the snapshot. Just use bustabit.com/support and either ask me for what your snapshot balance is, or give me a BITCOIN CASH withdrawal address (don't reuse a bitcoin address!). You must be logged into the account on bustabit.com/support for me to process

Users will have the option of withdrawing them (by giving me a bitcoin cash withdrawal address) or asking me to sell them, which I'll get the best price I can and put in their account.


Just cause I'm not in a rush to work with bitcoin cash until everything is operating smoothly. Last night there were no blocks for ~12 ? hours, and trezor support for BCC isn't quite ready (should be today though?) so I'm not really keen to waste time on it until everything works well.



Nope. Bustabit will be btc only

Ok! Snapshot has actually been taken!

I've generated a snapshot of all users balances as of a few minutes ago (Tue 1 Aug 2017 12:20:00 UTC). Anyone with a balance of on bustabit as of that time will be eligible to collect bitcoin cash, in ~24-48h   depending how things go with the fork.

Apparently reading comprehension isn't my thing. I thought the fork was when the chain tip was pasted the activation time, but according to the spec it's when the "median time past" of 11 blocks is. So I will be generating the snapshot just before the actual fork.

But please be patient, I do not plan on interacting with BCC until the chain is stable.

The domain they have is:

xn--prmedice-ukb.com


but on some browsers (I believe due to a chrome bug in handling the retarded puny code domain stuff, I believe) will show up as:

prımedice.com

which looks almost identical to primedice.com.   I think the chrome bug should be fixed by now though.


But anyway, then paradice.io took advantage of that to try scam people. Obviously it has nothing to do with SEO or anything...

No, I don't believe so. I believe they are also a victim to paradice.io's scammy ways (I think kingdice.io is owned by paradice.io for the purpose of phishing kingdice.com users)

FWIW replay isn't an issue anymore, they added consensus level replay protection:
https://www.bitcoincash.org/replay



If I was an investor, I'd be pretty concerned. Promising returns strictly increases your risk, and largely defeats the purpose of an investor system. I think you guys have already promised investors a couple hundred bitcoin (?) after the incident last year; so unless you have some sort of cash injection -- solvency would seem to be a major concern.

...you quite literally told him to do it


If you hadn't explicitly told him to do it, then I would agree with you that OGNasty needs to be more flexible and accept alternate proof (such as the tlsnotary from your coinbase account showing the send) or what ever.  However that's not what happened here, you gave instructions for him to release the funds to the sending address and he did so. It's pretty clear cut.

Imagine the opposite happened:  You told him to return-to-sender and he refused. Then you'd be crying scam, and would have a right to do so.

...because you ran multiple sites designed to steal money from people, while targeting PrimeDice's customers.



Even ignoring the fact that's not even ethical in itself, it's bullshit. You were hosting phishing sites and trying to scam people into investing.   
 


You didn't even deny it. Also the fact that your site and all the phishing sites went down when cloudflare took action is pretty strong evidence that you operated all of them.

You really need to give it a rest. He doesn't have your money -- and not only did exactly what he promised to do, he only did it after you explicitly authorized the refund to the sending address and were clearly aware of potential risks. Even if the money is 100% irrecoverable (which I highly doubt), that is totally on you.


I have no lost love for OG (and you'll see, I've excluded him from my trust network), but he really is blameless in this situation and your attacks on him are unfair and bordering on unhinged.

I can't for the life of me understand why you don't just restore your players account to the state it was before he canceled his bonus?

Him canceling it was obviously a misunderstanding, the user received no gain and no potential gain by doing so. Reverting it seems like the bare min you can do.

Yeah, he asked you to -- so regardless what happens it's his responsibility now



I have no idea what coinbase does, but it's actually by far the most efficient way to do it (in terms of bitcoin tx fees); but it's possible just from a pure support point of view it's not worrth the trouble. However, if they never use deposit addresses for sending withdrawals then they'd be actually able to support "return to sender" automatically (assuming there's no batch withdrawals).

Yeah, it'll be sent back to an address that coinbase controls which may or may not be someones deposit address...

I actually run a hot wallet, and have to deal with this all the time.

That's not how hot wallets work.

Users send bitcoin to their deposit address, which the site sees and credits to the user. Then the site uses those funds to process withdrawals (and consolidate and what not). Very often if you "return to sender" to a site with custodial control like coinbase, you'll just be sending money into some random users deposit address in which a user will get an unexpected deposit. That's not always the case though; it could also be a change address or consolidation one, which they would be able to recover.


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That said, the user asked OG to "return to sender", so I don't think OG did anything wrong here. The user now need to chase it up with coinbase, and should've pre-checked with coinbase to make sure the funds were recoverable if "return to sender" was used.