What's the actual reason for BitBet to steal the coins in this situation ? "You're screwed", as it is written in the FAQ, is not a proper answer.
Explaining to users quite amply and repeatedly that going against sense and acting in a particularly risky manner is not wise and will not result in refunds, and acting accordingly, has nothing in common with stealing. Moreover: If you want to use the service you'll have to read and understand. Operators that bend the rules to fix your mistakes for you can't meanwhile be publicly traded and held. The policy's not going away, but you can certainly prevent yourself from making totally unnecessary mistakes.
Transaction fee present or not, the rule is unjust because it keeps customers' bitcoin for no good reason. The fact that my failure to include a transaction fee has to be 'remedied' (your word choice is an unfair use of rhetoric - are you connected to Bitbet in any way?) is only due to Bitbet's unfair policy. Furthermore, the blame for the lack of transaction fee on my transfer resides solely with Bets of Bitcoin (who have yet to respond to my email saying as much, btw). Your so-called 'earnest' hope that I 'adjust' smacks of still more self-righteous condescension. Sigh. I understand that it's hard not to take it personally when you've lost BTC, but no, seriously, if you're into BTC I think it'd be great if you spent the time and the energy (this isn't "condescension", again; it takes a lot of time and energy, far more than most people are used to expending, to wisely and correctly handle Bitcoin, especially with a zillion "services" out there run by the unskilled who won't tell people what they've done wrong, and instead try to band-aid over things with "being nice" until they inevitably fail and take everyone's coins with them) to get up to speed. I'm "connected" to BitBet inasmuch as I represent MPEx here on the forums, and the owner co-owns BitBet itself. I see that you already talked to actual mods on IRC. |
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We are talking about exchanges people actually use.
The fact that a lot of people could be eating formaldehyde does not make it nourishing. How many fake exchanges have to implode before you get the picture? |
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My post doesn't suggest that I don't grasp the concepts of transactions and confirmations - to say so is beside the point (and insulting). What I didn't understand was Bets of Bitcoin's ineptness. I see your 'caveat emptor', 'screw you noob' mentality displayed much too often by the Bitcoin community (and technically proficient humans in general), which would be better served by welcoming and supporting those with less knowledge. I don't dispute that the rules governing the possibility are in BitBet's FAQ (and in fact linked the rules in my post, which you apparently didn't read), but I do dispute that the rule in question is a just one. That the concepts weren't grasped was inferred from the suggestion that there is something unjust about the rule, and that a service has any obligation to remedy the fact that a user failed to include a tx fee. It's not meant as an insult, it's meant to explain to you how and why the steps you took were taken at great risk to your BTC. You weren't caught in some occult and unknowable coincidence that was out of your hands. You either didn't make sure you understood the basics of using bitcoin, or else you decided not to care. In either case, it is you that will have to adjust (and I do earnestly hope that you do; there are a lot of resources on this very forum, on IRC, and around the web that can help).
And if the service is in fact notoriously inept
Learn to read. At any rate, this isn't a chastisement. If you fuck up to this degree, you're stuck having fucked up. |
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User rhzao sent the following retarded morsel: Hi
I just develop a gambling script for Just-Dice, it uses the bug on the rule of the game and normally could bring over 17 thousand times profit than its initial bet. This script is simple and elegant; it would run on the Windows 7 or Windows 8 and IE9 or IE10 browser. It would automatically open the Just-dice.com. After logging in, you may set up the initial bet and let the script do the rest.
If you bet 0.00001 BTC as the initial bet, you may get about 0.17 BTC as the profit in just 24 hours. If you raise your initial bet to 0.0001 BTC, you may get up to 1.8 BTC as the profit in the 24 hours. However, I would not recommend any initial bet higher than 0.00025 BTC.
The first 20 copies of the script would be 5 BTC, I will double the price after selling out the first 20 copies.
Here is a copy as a free trail version, and you may create a new account with small amount of balance to test it. Here is the link: (herp)
User manual:
1 Set the default browser as the IE9 or IE10.
2 Run the script: JustDigIt.exe and the IE window would be opened.
3 Log in and the script would read your balance automatically.
4 Set the initial bid, and start the sript!
Thank you
Needless to say, don't go clicking and installing unknown stuff in the hopes of making a quick coin. And if you're using IE in the first place, it's prolly time to take a breather from this BTC stuff and sort out your computer usage skills first.  |
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Hey, sounds kinda cool. You might want to get in the WoT at this point. |
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I recently lost 10 bitcoin to a clusterfuck of poor service on the parts of Bets of Bitcoin and Bitbet. I bet 10 bitcoin on this bet: http://bitbet.us/bet/591/bitcoin-price-to-rise-above-750-usd/However, I transferred the 10 bitcoin from Bets of Bitcoin, which neglected to include a transaction fee (and gave me no option to do so), resulting in my transaction being delayed for ~24 hours: https://blockchain.info/tx/2af75fb4e50a14bf247575bf426615d01f9d6db4d88dc0668d27c88259f68691As a result, due to this unfair technicality in Bitbet's rules: http://bitbet.us/faq/#151, I am now out 10 bitcoin. Adding insult to injury, the mod graced me with this snarky retort: "Unconfirmed bets are not refunded. Kindly see FAQ, and include tx fees next time. Think of the miners!"... More like "think of our pockets which our now 10 ill-begotten bitcoin richer." If we are going to build an ecosystem that can support and serve the mainstream whose attention bitcoin has recently achieved, poor user experiences like this should not (and need not) happen. I'd appreciate any advice on how to solicit/enact the refund of my stolen (I do think this is the appropriate term) coins. If you feel so inclined, tweet to Bitbet that they should refund my coins: https://twitter.com/BitBets "@Bitbets It's unfair to keep @Snack_Man's 10 BTC that was sent to 13EW8oUL5mzLiBbYpZouNqjNsFhabiSoeX. Refund them!" TL;DR: I lost a substantial amount of money to Bets of Bitcoin / Bitbet for no good reason. Beware of Bets of Bitcoin's lack of transaction fee on withdrawals and Bitbet's draconian (read: dumb) rules. Failing to use tx fees is mooching. Using a ( notoriously inept) "service" that fails to use tx fees is also mooching. Placing a bet when the resolution is imminent is dangerous. Doing so without a tx fee is suicidal. The rules governing this possibility are in BitBet's FAQ. It is unfortunate that you deemed it alright to wager your BTC with a service whose guidelines you had not read, and before you had grasped the concepts of transactions and confirmations in the first place. That you made these choices, however, is not anybody else's concern. |
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No matter I like you or not, I don't trust in you as a god that's all...
However let take 1 minute of my time to explain you why I'm not going to waste more than that for you. Well, You came in this thread with just an angry post with no argumentation excepting the fact the website isnt called Mpex... It looks like a company (Individual) fearing new competitors. If you're website was perfect you shouldn't fear about that. If your website isn't perfect then you shouldn't waste your time posting in thread of your competitors. Your attitude show a lack of confidence in your business, that's sad.
You will notice I never came in Mpex thread to say what I'm thinking about (Not because there are nothing to be said about), but because Crypto-trade isn't perfect yet so I have no time to waste for that.
Hoping this little answer will enlight you a bit more with the sense of my previous reply. If you cannot understand my english then I'm sorry. At worst we could speak another language together in MP (French, Spanish) as I guess with your high skills you don't speak only your native language. I will care to explain you it again...
Regards, Neotrix
Neotrix honey, citizen finance constructions never have been and never will be anything like competitors to MPEx. The point isn't "angry", it isn't "competition", it isn't a matter of me personally or what I'd like or how you'd like things to be or anything of the sort. I am graciously pointing out that repeating the same mistakes with another iteration of passing off non-securities as the real deal is foolish. The options are to take heed, get back to the drawing board and come up with something actually useful, or else ignore me (which includes ignoring the history of this exact scenario playing out for the various other failed "operators" who imagined ignoring sense was the right move) and keep at it. This third option whereby you fight me as though the truth is entirely subjective is an exercise in absurdity. |
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Sure, I will, and thank you. Although I guess this is probably less critical since the project is free for anyone and there is no registration required to post listings. I have read the post that you are referring to but I am not treating this as a business at the moment and I do not expect to make money out of it (unless of course there is an opportunity down the line).
Well, if you're going to be handling people's coins, either personally or by proxy, it doesn't really matter whether you personally consider it to be a business or have a plan to profit right now. Establishing yourself and your trustworthiness first is one route, expecting people to trust you based on nothing more than whatever impression they get from your posts is another. There are only these two routes, and the latter tends to attract the uninformed, if anyone at all. |
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This isn't going away guys.
Worry not, people with a modicum of sense will still graciously point out that you're scamming no matter how many empty and unsubstantiated posts and threads you make, whether it's me, the countless others, including mods, who have done so, or those who newly stumble upon this stinking garbage heap. |
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Not for you  I dont have time to waste with god of securities... Fighting with sense because you don't like me is the actual waste. |
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Yes, still centralized but at least we do not have to worry about the SEC (US) coming in and shutting down this exchange. Bitfunder and btct.co was US based which was the reason they had to shut down.
Stop propping up this nonsense. Incompetent operators shut down businesses which become inconvenient or difficult to operate. Blaming it on the Boogeyman and imagining that going to non-Boogeymanland is panacea for the problems inherent is disingenuous in the extreme. |
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Even odds atm on the coin toss result for Super Bowl XLVIII, 200 coins set down. Guess the toss, double your btc.
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How about getting in the WoT? |
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Kudos on recognizing an opportunity. There's more work to be done. See here. |
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If I didn't understand and follow what you linked in your post, I wouldn't have waited 6-7 months to post the site here before building up a good reputation on reddit and elsewhere. Why didn't I participate more here ? Well, you know as well as I do that this forum had gone down in the middle with some serious issues. I basically chose not to use it during that period of time.. and most other people had also decided it was time to find a new community.. but it picked up again as you see.
Replacing the WoT with reddit is about on par with taking out a peppermint when asked for your driver's license. A social media presence could be useful. It can in no way replace the actual tools of the trade. And... begging ? Really ? If you're going to call everyone who doesn't fully follow your "golden mantra to a successful bitcoin business" a beggar then.. well.. sorry dude.
Again, it's not about me. I'm not "calling you a beggar". This isn't a magical fairy land where everyone can make up their own, personally comfortable, renditions of the truth and thereby "grow" or whatever. This is bitcoin, we are interested in facts. Simmer down already and work on getting things done correctly. |
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It'd be wise to get yourself in the WoT, btw. |
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Sorry, for late reply, but if you/any other progressivebtcmining holder reads this may answer.
What? 12,5 BTC investment and last payment was 0.05? Thatīs quite shocking to me.
Why do they write about payouts of 75% then? So itīs by far not as lucrative as I thought. I really believed they`d pay me 75% of my investment every 2 weeks.
Going by your apparent lack of understanding as to realistic expectations along with pumping that long-since outed scam in your sig, I'd say your best bet is to chill out and spend some time reading and getting up to speed on bitcoin, investing, and the other concepts in which you're interested before you take any actual plunges. Seriously, it'd be a good idea. |
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Glad i know someone who can possibly damage his computer.
It's unfortunate you were scammed. The better response here would be to learn about computer security and due diligence for your own benefit rather than chasing the revenge rush through a third party. Just sayin'. |
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Neil
Modify message
Hi Neil. Modifying this message would indeed be a good idea. Start here. |
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