Congrats to Primedice for reaching..... 1,000,000 BTC total wagered!Just moments ago  |
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1. Your "largest investor" excuse is a complete joke. First of all by just putting 90% of the funds in 1 address, you are not necessarily giving out information of this investor. Secondly, since you claim to still own more than 90% of the funds, you can simply move only your own funds to 1 cold address and this "big investor" is not even included(!!) 2. Investors have invested tens of thousands of bitcoins over the years (especially JD obv) and this is the first time I hear a ~30(?) coin investor having a concern about his privacy. 3. He isn't really a large investor, he must have less than 50 coins invested and there is 0% reason for you to be SO shady just because he tells you to do so. 4. If a player wins you will pay out (right?), so his coins will be transferred to that winner. Oops "privacy" gone. 5. Getting privacy for this situation is dead easy and cheap. Just deposit and withdraw from a known bitcoin exchange. Costs the investor 0.0002 BTC and few minutes of time. Ugh, no need to argue anymore. Anyone who cannot see that this is a scam in the making is extremely naive. It is so easy and obvious to make a cold wallet address and your excuses are invalid. |
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I consider the whole story as a public attack. LOL. Your own site says: Do you have proof of solvency?
90% of the coins are held in one cold storage address which will be displayed to our members, thereby allowing for full transparency to all of DaDice members. And then when I start asking about the actual cold storage address, which is not an attack at all - a completely valid request, you come up with several bad excuses: - Need more investments first. WRONG.- Other sites also don't have it. WRONG.- It's impossible because of kelly investments. WRONG.- This investor is asking to not show it. WRONG.- We show solvency by private cold addresses. WRONG.I have given a lot of valid arguments and proof for each bad excuse. And now the conclusion is " I consider the whole story as a public attack". Lol. Well... situation seems pretty obvious to me... |
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So since it took 5 days for an email to reach the developer, I am wondering if the development is outsourced or is DaDice truly 1 team that worked together before? Also since there supposed to be 500+ coins invested, I am wondering if there is already a public cold bitcoin address? Thanks.
We'll surely do so Nico. Currently 97% of the bankroll are our own funds. Once we reach a certain level of at least 10% investors funds a public address will be provided.EDIT: To answer the first part of your post, our developer is part of the team and we have previously worked together. I know him actually since 5+ years. wait wait wait... that would mean that a single investor or a group of investors would have to risk over 55 BTC with you, before you'd be willing to prove that you're solvent? Agree 100%. I could say a lot about it... but I noticed BR went from 540 to 632, so seems time to make that public cold wallet anyway. I assume we can expect it today/tomorrow, DaDice? ....
Look, we don't see any reason why you (or others) should tell us how to run our business. We pay out large withdrawals, as well as smaller ones all day. We have by far the largest advertising and marketing budget of any dice site around. Ask some of our HR in the chat, if they don't receive their withdrawals? Or did anybody complain that we don't process on time and I missed it? Other dice sites do not publish their cold wallet addresses, so why should we?We've offered all our investors to have their funds in a dedicated address on request, with a public note to whom the funds belong. Lol, wow. Currently the BR is actually supposed to be 924 BTC, so definitely more than your 10% mark. In the Bitcoin community we never care much about regulation and licenses, including gambling licenses and such. We prefer to self-regulate and have math and tools to prove things. The greatest example of this is the provably fair mechanism. A tool that allows players to ensure they have not been cheated. For investors unfortunately this is not possible yet. But we do have 1 little thing to at least prove the solvency of a site, a cold public address. It is extremely easy for site owners to setup. And in history there have been only 1 site who suddenly removed the cold public address, DiceNinja, just days before they run with the whole BR. So first you tell me you are waiting for that magical 10% requirement. Which is completely idiotic already, but okay. Now you have clearly reached that 10% and you are telling me another excuse?!? " Other dice sites do not publish their cold wallet addresses, so why should we?" Hereby a list of the most popular dice sites that accepts investors: - PRC: https://blockchain.info/address/1FhxjhFb1YudGC1vtV4FuLpQc2uHzq3XFd- Just-Dice: http://clamsight.com/address/xJDCLAMZsZg1YqGytiP9CRzYYdsrJXX9Kh- SatoshiDice: https://blockchain.info/address/18e5jpfn9zo9GQov1Ks9Pzh6Yam2SvFqqo & https://blockchain.info/address/1GBEAxb91tea1magDAQoKnjx18oH4ax2T3- BitDice: https://blockchain.info/address/19yR1HxBNy5As4joecih4wgj8Cpe5SdmWk- Diggit: https://blockchain.info/address/1AqGXXoFRRa27ThqVLfsiPykkp2NC4i7QU (not dice, but has investors) - Dicenow: https://blockchain.info/address/1FY3J5Zuh7mp7q47brqr4wHUsUTeVLT8hb- MoneyPot(DustDice/betterbets): https://blockchain.info/address/1QD1u16PFzsmsqdBWJjx2WjSpHstsDX9ST- SafeDice: https://blockchain.info/address/1SD1ciWyeDNf26YoAUjSsifQZK1ShFJ2sDo you see the pattern.... all dice sites have public cold wallet addresses! (if they accept investors.) So, again, and please DO answer this question: why don't you have a public cold address like all other dice sites? With both the silly and wrong excuses for posting a public cold wallet address, I do have to say: Be very careful with this site, I would personally not recommend investing or playing here. Every gambling site with investors should have a public cold wallet address, no excuses!Self-regulation only works if we actively enforce the few standards in the bitcoin gambling community. Provably fair = a standard, any site that doesn't offer that should be left alone. Cold wallet address = a standard for investor sites, any site that doesn't offer that should be left alone. I do not care at all about any of your other business decisions. But WE, as the community, definitely have a say about these FEW "self-regulation standards" that are used by any other site too. Of course you can just easily make that cold wallet already (should take like 2 hours max?) and no hard feelings. A few answers here may be of interest in resolving the above queries and statements Let us look at an example: A Bitcoin exchange typically offers an instant withdrawal feature, and might be a steward over hundreds of thousands of Bitcoins. To minimize the possibility that an intruder could steal the entire reserve in a security breach, the operator of the website follows a best practice by keeping the majority of the reserve in cold storage, or in other words, not present on the web server or any other computer. The only amount kept on the server is the amount needed to cover anticipated withdrawals. Q. Is it possible to run away with coins in cold storage? A. You generate a wallet on the offline computer the same way that you do on an online computer. This makes sure your Bitcoin private keys are in cold storage. You then make a “watching-only” copy of that wallet to be used imported on the online computer. Using this watching-only wallet, you can generate addresses and monitor payments exactly the same as any other wallet. In order to send money, you will be doing the following: Create unsigned transaction (online). Sign it (offline). Broadcast it (online). Q. Why other dice sites provide cold storage addresses? A. Main purpose of cold storage is to ensure protection of coins against hackers, there is NO guarantee of any sort that admin (such as Dean of PocketRocketCasino) won't SCAM you eventually. All the funds in any cold wallet (for instances PocketRocketCasino's one) are as fragile as any ordinary wallet as private key holder can RUN with your coins at any time, there is nothing stopping them from doing so. Note to the technical sites that should be considered as well. Let's assume we have only one investor who has invested 100 btc at kelly 10 That's all So we would have a bankroll of 1000 btc, shown to everyone who would wish to check. However, the cold wallet would only show 100 btc. Now, with more and more investors and different kelly selections, the picture is even more bizarre Like ours: Bankroll is currently 924 Actually available 546 This means that we still have not reached the 10% originally stipulated We have another issue as well. Our largest investor in the site does not wish to have this publicly known. We have the most advanced stats site of any dice site and strive to be as transparent as possible, but we cannot act against the wishes of our members, particularly our largest investor. As a matter of fact the investor came to our public chat to discuss his concerns and that it was witnessed by many other members. The reason behind the investors statements: Privacy concerns In addition we have decided to provide each investor who has invested a minimum of 1 BTC their own private cold storage address. Lol, what a joke. Of course posting a public cold wallet isn't proof that you will not scam. But at least it shows that you are solvent. It is such an easy thing to do for you (if you have the coins.) "Bankroll is currently 924 - Actually available 546"This means you are currently not showing bankroll correctly. Bankroll is how much money there is invested on a site. "Virtual bankroll" is the one based on kelly. The max profit is obviously based on the virtual bankroll. Normal sites (read all those I listed that have kelly) show only "bankroll" and "max profit" since virtual br is not so relevant. You should also show bankroll and show the solvency based on that. Your "largest investor" excuse is a complete joke. First of all by just putting 90% of the funds in 1 address, you are not necessarily giving out information of this investor. Secondly, since you claim to still own more than 90% of the funds, you can simply move only your own funds to 1 cold address and this "big investor" is not even included(!!) " In addition we have decided to provide each investor who has invested a minimum of 1 BTC their own private cold storage address." This is completely irrelevant. It is about proving you have all the funds you claim to have. Not that you have 1 BTC. All you do is giving more bad excuses while I explained to you that it is very normal to prove your solvency by a cold wallet - so normal that EVERY invest site is doing it - except you. I think it is safe to say that DaDice is very likely a scam in the making due to lack of proving solvency. Continuously coming up with new excuses doesn't look good either. |
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It is actually fairly easy to make 350,680 BTC. First just use satoshifaucet.wix.com to get up to 5 BTC (claim faucet once every hour, just only 2,500,000 times.) Then just invest 5 BTC at obviousponzi.tk to get 350,680 BTC return in a week. In addition to "Only escrow and don't make deals with newbies via private message", also don't throw away your coins to sites that offer "guaranteed investment returns".Ps, your video is down due copyright things   was really excited to see that, bit disappointed now. edit: here we go: https://www.youtube.com/watch?v=v5HB1tvHfvU |
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So since it took 5 days for an email to reach the developer, I am wondering if the development is outsourced or is DaDice truly 1 team that worked together before? Also since there supposed to be 500+ coins invested, I am wondering if there is already a public cold bitcoin address? Thanks.
We'll surely do so Nico. Currently 97% of the bankroll are our own funds. Once we reach a certain level of at least 10% investors funds a public address will be provided.EDIT: To answer the first part of your post, our developer is part of the team and we have previously worked together. I know him actually since 5+ years. wait wait wait... that would mean that a single investor or a group of investors would have to risk over 55 BTC with you, before you'd be willing to prove that you're solvent? Agree 100%. I could say a lot about it... but I noticed BR went from 540 to 632, so seems time to make that public cold wallet anyway. I assume we can expect it today/tomorrow, DaDice? ....
Look, we don't see any reason why you (or others) should tell us how to run our business. We pay out large withdrawals, as well as smaller ones all day. We have by far the largest advertising and marketing budget of any dice site around. Ask some of our HR in the chat, if they don't receive their withdrawals? Or did anybody complain that we don't process on time and I missed it? Other dice sites do not publish their cold wallet addresses, so why should we?We've offered all our investors to have their funds in a dedicated address on request, with a public note to whom the funds belong. Lol, wow. Currently the BR is actually supposed to be 924 BTC, so definitely more than your 10% mark. In the Bitcoin community we never care much about regulation and licenses, including gambling licenses and such. We prefer to self-regulate and have math and tools to prove things. The greatest example of this is the provably fair mechanism. A tool that allows players to ensure they have not been cheated. For investors unfortunately this is not possible yet. But we do have 1 little thing to at least prove the solvency of a site, a cold public address. It is extremely easy for site owners to setup. And in history there have been only 1 site who suddenly removed the cold public address, DiceNinja, just days before they run with the whole BR. So first you tell me you are waiting for that magical 10% requirement. Which is completely idiotic already, but okay. Now you have clearly reached that 10% and you are telling me another excuse?!? " Other dice sites do not publish their cold wallet addresses, so why should we?" Hereby a list of the most popular dice sites that accepts investors: - PRC: https://blockchain.info/address/1FhxjhFb1YudGC1vtV4FuLpQc2uHzq3XFd- Just-Dice: http://clamsight.com/address/xJDCLAMZsZg1YqGytiP9CRzYYdsrJXX9Kh- SatoshiDice: https://blockchain.info/address/18e5jpfn9zo9GQov1Ks9Pzh6Yam2SvFqqo & https://blockchain.info/address/1GBEAxb91tea1magDAQoKnjx18oH4ax2T3- BitDice: https://blockchain.info/address/19yR1HxBNy5As4joecih4wgj8Cpe5SdmWk- Diggit: https://blockchain.info/address/1AqGXXoFRRa27ThqVLfsiPykkp2NC4i7QU (not dice, but has investors) - Dicenow: https://blockchain.info/address/1FY3J5Zuh7mp7q47brqr4wHUsUTeVLT8hb- MoneyPot(DustDice/betterbets): https://blockchain.info/address/1QD1u16PFzsmsqdBWJjx2WjSpHstsDX9ST- SafeDice: https://blockchain.info/address/1SD1ciWyeDNf26YoAUjSsifQZK1ShFJ2sDo you see the pattern.... all dice sites have public cold wallet addresses! (if they accept investors.) So, again, and please DO answer this question: why don't you have a public cold address like all other dice sites? With both the silly and wrong excuses for posting a public cold wallet address, I do have to say: Be very careful with this site, I would personally not recommend investing or playing here. Every gambling site with investors should have a public cold wallet address, no excuses!Self-regulation only works if we actively enforce the few standards in the bitcoin gambling community. Provably fair = a standard, any site that doesn't offer that should be left alone. Cold wallet address = a standard for investor sites, any site that doesn't offer that should be left alone. I do not care at all about any of your other business decisions. But WE, as the community, definitely have a say about these FEW "self-regulation standards" that are used by any other site too. Of course you can just easily make that cold wallet already (should take like 2 hours max?) and no hard feelings. |
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Definitely not fighting :p I am not blaming him for posting, just gave a warning about the site that will scam. Just don't want people to lose their money.
Ponzi:
Basically you only get paid in these programs because there are other people after you joining. It is not a real investment. If there are no more people to join after you, the owners will just run with the leftover money. So "in the end" they will scam. That is a ponzi and that given site looks like a classic online ponzi. It is in the best interest for people that -do- join the site, to give "good reviews" and say it works great, because they will get paid by people like you joining after them. Therefor you shouldn't believe any "good reviews" about those sites.
Just giving fair warning, again, I just don't want people to be scammed here by those annoying ponzis. It's 100% up to you though.
Cloudmining? Many times not getting ROI if you do the math, and many times it has been proven to be a scam too like PBmining.
Anything promising a high return is generally a scam.
PS, my Tagalog is limited, so hope I understood you well.
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Pretty sure you can send any amount you like. However it is one of the few dice sites that has a minimum bet, which is 0.00001 BTC.
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Don't join stupid ponzis, all scamming in the end.
im not forcing you sir to join he is asking for something. . so i gave it. it just started . I understand he asked for it, otherwise I would have reported the post instead of replying. But since he asked it, it's okay to post. STILL I think it's fair enough to put a warning that this coinsera site will scam in the end like all ponzis, which is why I replied. |
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So since it took 5 days for an email to reach the developer, I am wondering if the development is outsourced or is DaDice truly 1 team that worked together before? Also since there supposed to be 500+ coins invested, I am wondering if there is already a public cold bitcoin address? Thanks.
We'll surely do so Nico. Currently 97% of the bankroll are our own funds. Once we reach a certain level of at least 10% investors funds a public address will be provided. EDIT: To answer the first part of your post, our developer is part of the team and we have previously worked together. I know him actually since 5+ years. wait wait wait... that would mean that a single investor or a group of investors would have to risk over 55 BTC with you, before you'd be willing to prove that you're solvent? Agree 100%. I could say a lot about it... but I noticed BR went from 540 to 632, so seems time to make that public cold wallet anyway. I assume we can expect it today/tomorrow, DaDice? |
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Don't join stupid ponzis, all scamming in the end.
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Site up  |
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Well I do know PRC had some DDoS attack yesterday (didn't last long afaik), so maybe that DDoS kid is trying to extort dice sites again. A DDoS could give a 502 error. Let's hope Alex fixes it soon.
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So: 1. Round has server seed, players get hash of it. 2. Players select blocks and only send hash to server. Got x seconds to do this. 3. After that site broadcasts all hashes of players, so player/investor can copy-paste this. For let's say 5 seconds. Players/site owner cannot change the bets because others have hash of it. 4. Then players send their actual blocks/bet. 5. With this the result is calculated (server seed hashed x times based on combined number of blocks - obviously hashed in different method then first hash :> ) 6. With all the information you can verify if: server seed was really used, players didn't change their blocks and bet results of players. In theory I like it. Few problems: - Most people like fast bets (dice sites) and this will be just too slow for them. - It would only work for the most popular gambling sites. Because new sites will have only 1 player at the time frequently and if that player is the site owner he can still know the results in advance. - Investors gotta be online 24/7 to really verify all rounds themselves, but in theory if multiple investors do it randomly sometimes, it's better than nothing. - What will happen if player is disconnected in the time between sending hash and actual bets If their bets get cancelled, site owner can pretend to be disconnected player and cancel his bet if it was a loss. If it's default loss or some delay, players will complain. But I always like new theories so nice idea overall. |
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So since it took 5 days for an email to reach the developer, I am wondering if the development is outsourced or is DaDice truly 1 team that worked together before? Also since there supposed to be 500+ coins invested, I am wondering if there is already a public cold bitcoin address? Thanks.
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Q. So Dadice was Hacked yesterday?
A. No it was't
The definition of "hacking" is always discussed and there is no clear definition for it. For me and many other hackers, hacking is doing things you are not supposed to by the app/site/device/product creator. Imitating another person on chat is definitely a hack. Perhaps not as serious as bodgybrothers tries to make it look, but it is a hack. Perhaps it wasn't hacked by the mainstream media definition of "breaking into a computer", but by that definition many hacks w/ serious losses in dice history aren't "hacks". Obviously silly definition.Yes, this issue has been fixed although it remained 2nd in our priorty, That is concerning. Although the attacker used it for only trolling purposes - and therefor it wasn't a serious attack - still it was a serious issue and should -always- have first priority on a bitcoin gambling site. A real attacker could use it to imitate trusted players for example with the purpose of getting "loans" and being able to scam some coins. Basically the same w/ the issue I reported. What happened was that the IP address of each player was broadcasted with the dice roll data. So for every roll you see on their site, the IP of the user was sent too. Leaking the IP addresses of all your players is IMO a serious privacy leak and should be fixed immediately. Still it's only fixed after complaining about it on this forum 5 days after my report-mail. It was number 8 on your priority list? Bitcoin gambling site that has security and privacy low on the priority list is definitely a red warning for me. |
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Yeh, realize it just now, whoops. Mm. So any site that has 10% commission on all profits of all bets are EV-? Cuz I am invested in a smaller site that does that, and I actually thought it was EV- but didn't take much time to figure it out.
"net profit" should be "commission high-water mark" (right?) so BitDice should be EV+ because of that. (I am currently down 2 coins on BD investing, yeahhhh EV+ FTW)
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edit: -snip- I think OP's calculation is correct, however because BitDice only charges commission on net profits, it's still EV+. BTW Alex, still would be nice if you could list "Commission amount" in "Invest" tab, noticed this isn't there anymore since V3 |
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No longer does the statement "It's just a simple chat hack" make a difference. They have yet to fix it! If it was so simple, why did it take so long! Well, I reported a security related vulnerability 4-5 days ago, they replied 15h later, but it is still not fixed. This issue should take literally 30 seconds to fix. Obviously I won't abuse nor share the issue before it's fixed. But it is really silly and I cannot really imagine having this on a btc related site. Although nor the site nor the players can directly lose coins with it, still I wouldn't recommend playing here at least until this issue is fixed. Also I would personally hope a dice site would take things like this issue more serious. |
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Just remember to always press that little "REPORT TO MODERATOR" link in right bottom. Generally deleted after few minutes of reporting.
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