Don't expect coins back, pay attention to what's being said "compensation is also being discussed but I will not make any commitments"
The guy is just trying to keep the scam going to continue to get grab as many coins as possible before the site goes dark, or he comes up with some bogus story about how the site was hacked & he wants to fix things.
Not sure if you guys are illiterate or what. Giving back the frozen BTC is a commitment, giving ADDITIONAL compensations OVER the sums of frozen BTC (e.g. 5%, 10%) are not promised.
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Hey everyone, just wanted to give you an update, everything is still being worked on and we are thinking of introducing a live chat.
The claims of me being similar to pirate are absolutely bogus, why would I wait for the total to go from 60k to 30k in order to "rip-off" my players? Seems illogical.
In any case, thanks for your patience, compensation is also being discussed but I will not make any commitments in those regards as of now.
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Stick with the original, accept no substitutes?
Staying with the original and accepting no substitutes would mean you guys would run out of business since we've launched a full month before you. As for everyone else in the thread, sorry for the frozen funds, we are working on it atm.
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We will now be implementing an "Invest" system where you can become the bank and let players bet against your funds, we have been struggling paying for winning bets lately and it seems like the most logical choice. Stay tuned I noticed the unpaid@casinobit email account is not working or denying messages. I have been trying to get an answer for for over two weeks with no reasonable response. Good luck guys. Ever since we have switched the hosting all the other emails have been removed, please check out the new "Contact" section, we only have 1 email now. Sorry for the delays everyone, I understand the frustration and can't help but feel as if I let you down a little, please take comfort in the fact that I am working actively on repaying everything. I get all the emails and the personal messages. Please be patient.
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Come again? You are saying you have 330btc in your hands and delay 10-15 people for 4-5 days now intentionally?
I am not saying anything, just following your illogical, childish, train of thought.
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The only thing that his statement clears is that the coins are not in his possession, which by itself implies that his investment balance on site of 327btc currently is fake, which validates the idea that it is a scam, ponzi or not. pedrog, you just saved 0.5btc, Boelens you too How does it show that the balance is fake again? Just because we have 327BTC invested doesn't mean that we should use the 10% to pay off interest to the 90%.
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Just to let you guys know, I am not a scammer and not a lowlife, currently a deal is being worked out to repay all the investments, sorry for the delays.
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You could be using an IP which is traced to a different city, it is incredibly common. Now when you withdraw a standard 0.005 fee should be applied 100% of the time.
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Why would I still invest when i have knew that it is a friggin ponzi heh?
Because it wasn't, the purpose was to lower the invested sum, ultimately giving you a significantly bigger profit for a shorter timeframe.
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Little to no bugs ? Your fucking withdraw does not work ! Thats a main part of your buggy site dude
That's why I haven't said that there are no bugs at all. Coz when i started to know you are a ponzi owner by studying how the balance fluctualte, the first reaction is to keep my coins safe, next is to tell everyone. simple logic
But you didn't, you've just told everyone and invested yourself.
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CasinoBit, you might not be doing a ponzi, but you are certainly not handling the things very nicely.
Again: public/verifiable stats, fix bugs, make the site clearer to use.
We have public/verifiable stats, there are little to no bugs and making the site clearer is low in priority atm.
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What do you want to say with that ? Not able to handle payouts I want to say that the whole ponzi claim is a scam which turned out to be highly profitable for the 001sonkit. Why would someone claim ponzi and invest himself immediately? The fact that we are bombarded by people demanding withdrawals and scammers doesn't have anything to do with it, before we can process a withdraw we need to check the account and so on.
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Everyone who has money in there and can't withdraw should give a trust rating about this till the problem is solved.
Casinobit do not announce the site is up and tell people to invest until you let your investors withdraw their money.
We will process all the withdrawals, please be patient.
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Claims of Ponzi are discredited here
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Operation Redpill
On August 17, 2013, 02:10:08 PM, 001sonkit, a 17 year old teenager claimed that Casinobit is a ponzi scheme and sent unsolicited messages to members that hold large amounts of BTC invested urging them to divest and withdraw.
During that time he sent an additional 59.9999BTC (2013-08-17 04:28:01) to his deposit address 1EjtPkTp7vuD53EWVpBhxLTowzBDACDXds bringing his balance to 98.9400122BTC and investing the whole sum during the lowest Bankroll period giving him a large portion of the earnings. 001sonkit then withdrew 110BTC from his account and identical, analogous accounts after 2 days from the same IP bringing him dozens of BTC in profit.
The IP of the con man 001sonkit is 124.14.4.13, he is located in China, Beijing.
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This is one of their major wallet addresses by the way. As far as I know this is the return address for ALL transactions, so as soon as someone gets his winnings payed out or his investment, the change goes in here. Used to have several hundred BTC. Now only 1.something http://blockchain.info/address/1JyqZjhwoycF3pWTEAySSsmYVTPxAhEm6DIt's sitting at ~20 BTC, though that's hardly enough to pay everyone if they were all to divest. EDIT: I would like to know since I've been wanting to put a dozen or two of bitcents into this, nothing I can't afford to lose, but I would really want to know if things are working as intended right now. Well, apparently you can at least (probably more since as I said, this is only ONE address which all rest-money eventually ends up in) withdraw 20BTC right now. So I suggest doing so. Vlees, keep your unsolicited messages and advice to yourself please. I have hundreds of Bitcoin addresses all of which I have control of from which 1JygZjh is just a fraction. Stop spreading FUD and constantly harassing people that hold large sums of BTC via PMs and suggesting they divest and withdraw. If you would like a thread for your wild accusations open your own and keep all the foolishness there.
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We are up. Investing now works with 4 decimals instead of 2.
The best time to invest ATM, the total invested sum is relatively low.
Compelling argument. Would like to know how much profit does your casino average though? You can check in the History tab, we are transparent with all our bets.
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Hi CasinoBit, can you check my Deposit on 2013-8-17 7:32AM UTC, i put in 10BTC, after 6 confirmations the balance show 10BTC, then i test withdraw immediately, but it dosen't work and the balance change to 0BTC, but no coins come back to me till now, it's over 3 days, i had mailed and PM to you, please check it and help me.
We are aware of the situation, please understand that there are dozens of people PMing on a daily basis. You have been added to the queue and we will review your account.
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We are up. Investing now works with 4 decimals instead of 2.
The best time to invest ATM, the total invested sum is relatively low.
Withdrawal button is not working, tried couple of hours ago and still cannot withdraw. Yes I know, moving from cold storage.
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We are up. Investing now works with 4 decimals instead of 2.
The best time to invest ATM, the total invested sum is relatively low.
Hi, My withdraw is not working. Could you please check your PM? Sure thing, we check our message/emails regularly, problem is we get many many PMs (especially since the server downtime), so we put new requests at the end of the queue.
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