and very quick you delete it and I am sure Dogedigital send a PM asking for a quick delete.
No one asked me to delete my post. I don't think I said anything wrong or controversial, but after posting it I realized there's probably a lot more to the story than I'm aware of, so the sensible and responsible thing is to wait until it comes to light (or at least more time elapsed) before commenting. And for what it's worth, my post never said or alluded to anything such as: "RHavar was absolulely right that yo cant handle any legit critics".
|
|
|
sorry but it doesnt make sense to delete a legit posting and then answer it your way and it only shows again that RHavar was absolulely right that yo cant handle any legit critics I really wish you'd stop putting words in my mouth, I'm perfectly capable of speaking for myself.
|
|
|
I am not sure if this part can be expressed mathematically, however I am also curious to know the chances of a gambler BOTH having a sequence, server/client seed combination, bankroll/starting bet combination that will allow him to 4x his money AND to stop gambling before busting. For example, a gambler who wants to 10x his initial bankroll who has a server/client seed combination (ect.) that would allow him to 6x his initial bankroll will end up busting, however a gambler who is in the same situation except whose goal is to 4x his initial bankroll will end up multiplying his initial bankroll by 4x even though he could have potentially multiplied his bankroll by 6x.
Well it's just statistics. If you have the persons "play strategy", the probability calculations are very easy. The problem is you can't reliable figure out someones "play strategy" just based on their bets. For example, you you have things like causation (e.g. maybe he wanted to double his money, but since things were going well so fast he decided to go more aggressive). Or maybe he withdrew as he just won an amazing streak, and was worried his luck would run out. Or maybe the play strategy was to stop after a certain time rather than outcome, etc. There's also a lot of hidden variables, like a users "true bankroll". It's pretty common (especially in loss-chasing players) to only deposit a small amount of money, and then only if they lose they deposit more, and more, to chase that loss. But the casino can only see what they did deposit, not how much they were prepared to do so. So I like to simplify it, and approximate the probability of someone getting X times their money is a little under 1 in X. It obviously will vary a little depending on their play strategy. e.g. if they do a single bet, they'll pay an expected the house edge. Various betting sequences (like a reverse-martingale) can even lower the expected player loss. Normal betting (Turning the money over and over) will increase the expected loss.
|
|
|
do you mean the access to the server seeds?
Well what I mean is that most sites use the just-dice.com scheme, which makes the entire sequence of players bets derived from a single seed. This means that a hacker would only need to access the seed once, and then could offline generate all games. However MP is a little bit more secure (for certain type of attacks) in that it generates a new server seed each bet, which means that someone exploiting the games would need to be continually monitoring it. Something like that, anyway.
|
|
|
The conclusion is rather silly. The article makes a lot of valid points, but to jump from "it's very risky" to "it's a bad idea" doesn't really follow. Like any investment, diversification is the key. I would say if you're putting more than ~1% (?) of your money in a single site, you're risking too much. And for what it's worth, I know quite a few people who have participated in crowd funding bankrolls from the time of just-dice, and every single one of them is has made a good return (and that even includes someone who had a very considerable amount of money stollen in the dice.ninja scam). Also the bitroll investment comparison, is not really representative how normal people would invest. Despite the urging of several people, he left his money in dead/dying/idle sites, just for the purpose of computing a review. The coinwin and icedice loss was completely avoidable, by anyone paying attention. Probably a much better example is this: https://bitcointalk.org/index.php?topic=1585408.0 by someone who actively monitors their investments and pulls the plug when things aren't looking great
|
|
|
oops RHavar's spot on answer disappeared hmm was it deleted by OP or RHavar?
I deleted it. I figured it was a a bit harsh, and there's probably a lot of information that hasn't yet been released. I believe everyone deserves the benefit of doubt, so I'll wait until MP has come to a final decision and given a proper statement before making an ass of myself.
|
|
|
Hey someone sent me a link to your recently launched parabolic game. Congratulations on the release! The notice that the top of the src files have this: /** * Created by led on 9.4.2017.. */
although they are a 100% copy and paste of bustabit (e.g. there's even a few lines you haven't changed that still reference bustabit, like constants.js:113 Anyway, I understand you're using the code from the copy that was AGPLv3 license on github (as opposed to buying the commercial license for 2 btc)? If so, I'm kind of interested in checking out in the server side stuff you've done, but I haven't been able to find any link to full code (and install instructions) as the license would require. (And if you haven't done this yet, no rush. I understand it takes a bit of time to do so, to make sure you're not accidentally including any secrets or anything like that). Anyway, nice work. Thanks for bringing bustabit to a new audience!
|
|
|
A big congratulations to Game1 for breaking into the >100 bitcoin net profit club:
|
|
|
Also here's a link you can save: http://archive.is/uHfZQ in case anything happen to bitcointalk. Archived of the details
|
|
|
Looks good. Quoting the message to prevent change: Hi all,
Assuming we have followed the directions, which we are pretty confident we did - thank you to @RHavar for firstly pointing out the error reporting the terminating hash and helping guide us through the process.
Please save and archive this info, I know it may be a bit lazy but I'm only posting it here on bitcointalk, I'm a major member of the Crypto community, and the one forum I have never built a major rep on is bitcointalk. Other than the spammed PM's I've got to say thank you for the feedback and advice. It's been constructive and very helpful. I'm a major believer in working together as a team.
I may have mentioned this earlier but this site is one of many projects for me and something I've always wanted to run, it's a hobby but will be properly allocated the required resources. I'm a strong advocate of fair gaming, and bitcoin in general. I can't wait until the block comes to ensure everything was done perfectly.
I have an excellent dev, but he's moderately new to more advanced crypto procedures. He's going a great job though adding features and a different look to the site. He built us a quick admin panel, and we will soon roll out a loyalty program. Obviously we have to replace nyan. Still thinking with what we should replace it
Anyways I digress.
Our terminating hash is:
b56d715cb8b77f2b31292d4aee377b5d019d20f59c05daf631a0607eb990807f
Our server secret is the private key of this address. It unlike RHavar, does not contain 10BTC, it's not liked to any hotwallet or anything.
1NK5gVraawUuPia5ARTQUNh5cUPKDLPiBj
Finally we will as mentioned be using the hash from block 46777. We will have the site up and running again by block 46780 at the latest.
If you need anything further, please let us know. Also, if you want a feature added. Let's do it.
Thanks KOBA
|
|
|
I've been researching this a bit. I know bitcoinjs-lib has a standalone way of generating transactions and pushing them to arbitrary nodes. However, are sites polling third party api blockchains like blockr.io or are they all running nodes for each and every cryptocurrency they support (which isn't cheap really on a hosted machine) and polling them?
Inquiring minds want to know.
I think most (all?) serious operations are running their own bitcoin core node, which they can query (generally over the rpc interface).
|
|
|
Due to the insane backlog of high fee paying transactions, I've had to unfortunately double the withdrawal fee to ensure all withdrawals are sent and confirmed fast. Furthermore they are all now "opt-in RBF" (which might trigger some wallets to issue a warning about potential double spends). This is to make it easy for me to replace the transaction with an alternative that pays even more fees should the original transaction get stuck behind a backlog in the future.
Also the onerous fees have made me start to consider the possibility of support an altcoin. Would people be more interested in litecoin or ethereum support?
|
|
|
I'd do this too but I didn't want to download the blockchain for testnet.
It's actually pretty manageable in size, especially if your site supports working with bitcoin running in pruning mode (which for me is only using 2.11 GB). If you do decide to go that way to test out the bitcoin integration, send me a PM and I'll got a few hundred test coins you can have
|
|
|
Nice job! Actually a lot more professional looking than I thought. I like your layout and colors and simplicity. Some thoughts: * While in test mode, I'd generate bitcoin testnet addresses to prevent people from accidentally depositing. (In fact, if you wanted you could test the deposit and withdrawal system by supporting testcoins). * I know it's totally subjective, but I absolutely hate everything about the font you're using. Especially for numbers. Perhaps I have OCD or something, but the numbers not aligning with each other and stuff seems to raise my blood pressure. * You should probably get a .com domain, even if the domain is a bit worse. That way the ".net" doesn't need to be part of your brand * Especially on the investment page, it'd make sense to show the total bankroll size * The use of confirm() is awful, native modals suck so much
|
|
|
Here's the ev:
0.99 * (4999-126+1)/10000 + 5126/10000 * -1.00 = -0.030074
which is a 3.0074% house edge.
^ Yeah, this maths checks out. So you only have a 48.75% chance of winning (which is already worse than double or nothing bet on a dice site), but if you win you only get 1.99x Since it's a coin-flip site, surely you should at least double your money if you win (especially as you're not given even odds...)
|
|
|
15:15 KOBAdmin: The client seed is the had of the block we announced. They say you need to announce it way in advance. We did it like an hour. Still it makes no difference. The full information is available online. 15:15 KOBAdmin: Only disagreement I've had on that is from someone who's sig is #1 game online bustabit
First of all, my signature isn't a jab at other bust sites (even ones using my source code) but rather was at all the casinos (especially dice sites) all claiming to be #1, so I thought it would be funny to claim to be #1 in a niche where I was the only one If you take issue with it, I don't mind changing it. That said, what you've said is not correct. The problem isn't that you only did it with an hour in advance (which is unideal) but that you didn't tell us how the hash terminated. The entire point of the seeding event is to say "we've already predetermined the hash chain, but to avoid us picking something good or bad we will mix in a salt that is impossible for us to change". In your case you didn't prove you've predetermined the hash chain, so after the salt was picked there would be nothing stopping you brute forcing millions of possible hash chains (with that particular seed) and picking the one that was best for you. Please don't think I'm accusing you of doing this (or cheating), I'm just saying it's possible. And the very fact that it's possible, means the provably fair was done wrong.
|
|
|
We will use Block 465267 and it's hash for our client seed for kickourbit.io.
I think you did the seeding event a little wrong You need to look how it was done here: https://bitcointalk.org/index.php?topic=922898.0Basically you need to include the full details, have it archived a few places and most importantly tell us the terminating hash well in advance of the client seed getting picked. I'd recommend pickign something a few days (or more) out, to give everyone interested a chance to archive it and what not. Without committing to a terminating hash (and thus the hash chain) there's no point even using a client seed actually =)
|
|
|
you should read what I wrote cause the one who is hoarding the few cents is only one of the owners and I call it a shame and very interesting that you are saying it makes MP owners look pretty good LEL
"hoarding the few cents" gave me a good laugh. But a true story: I was in the market to buy a coffee machine, and spent a while going through all the reviews online. There's a lot of options, bullshit and snobbery in that industry which made it quite difficult to pick a model. In the end I went through a lot of the negative reviews to form an opinion. The machine I ended up buying was savaged for "sounding like a dragon" and things like having overly bright LEDs and other stuff I couldn't care less about. In the same way, your major complaint right now seems to be that an owners accepted a few cents that some rainbot sent him (for chatting?).. Personally I'd love to be praised with such faint criticism. just for info I didnt find your posting where you wrote that Dogedigital is behaving like a clown! did you delete it? and if yes WHY?
No idea, I can't remember to be honest. If I did delete it, it was probably very shortly after posting it. I often am a bit of an asshole, then 15 minutes later (and especially after a coffee) I realize it. Then I delete, edit or apologize for my post Anyway if anything I think that just shows that I don't have a horse in this fight.
|
|
|
If you're interested, I sell complete copies of bustabit source (node.js + postgres) for 2 bitcoin =) Several people have made very significant amounts of money in it (although generally applied to different markets, like csgo, altcoins, other languages) as I suspect it would be quite difficult to compete directly
|
|
|
Jesus christ. Don't you have anything better to do with your time?
FWIW you're making the MP owners look pretty good if your biggest complaint is that a rainbot sent them a few cents ><
|
|
|
|