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. Stop the bullshit and vague nonsense and answer people's questions already. You keep talking about frozen BTC your not making any sense. There supposed to be in a blockchain wallet, how are they frozen? Only one illiterate here is you. Read people's questions and answer them. |
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Thanks for the tip. Glad I did not invest. So I take it this was some kind of hoax?
Yes, it was some sort of failed ponzi/scam I think that's still TBD. I for one still expect to get my coins out. I won't be too upset if I don't, since I did some withdraws early and the remainder in there is just winnings. My guess is that Casinobit had a ponzi-like error in his investment calculations and has since been skimming profits so as to get back to solvency. When he does, I think he'll be back and ready to pay out all investments. Sort of a Catch-22 though, because no one is going to deposit money in there for any purpose, including gambling, if they don't feel confident they can get it out. He is skimming because since the troubles started, the Casino has continued to make a loss which is in stark contrast to the incredible volume of takings initially. That's cuz it's a scam that he wasn't smart enough to prolong & people got weary because of the insanely high returns & started pulling out which caused it to blow up faster than he expected. In the end this retard probably barely made off with any coins, I'd guess the majority all went to the early investors to get people excited to invest. The guy should have just charged a percentage on profits from the EV & he would have done very well over time. ^^ is exactly why I doubt it's actually a scam. You could be right, I just feel that if the guy legitimately made an error in the coding that caused the calculations to be wrong then he would just come clean about it & try to work with everyone to make things right, instead of being vague about what happened & insisting its not a scam. I'm confused how he'd be able to make people whole when sites volume has fell off a cliff. It's kind of late to regain people trust don't you think? |
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Thanks for the tip. Glad I did not invest. So I take it this was some kind of hoax?
Yes, it was some sort of failed ponzi/scam I think that's still TBD. I for one still expect to get my coins out. I won't be too upset if I don't, since I did some withdraws early and the remainder in there is just winnings. My guess is that Casinobit had a ponzi-like error in his investment calculations and has since been skimming profits so as to get back to solvency. When he does, I think he'll be back and ready to pay out all investments. Sort of a Catch-22 though, because no one is going to deposit money in there for any purpose, including gambling, if they don't feel confident they can get it out. He is skimming because since the troubles started, the Casino has continued to make a loss which is in stark contrast to the incredible volume of takings initially. That's cuz it's a scam that he wasn't smart enough to prolong & people got weary because of the insanely high returns & started pulling out which caused it to blow up faster than he expected. In the end this retard probably barely made off with any coins, I'd guess the majority all went to the early investors to get people excited to invest. The guy should have just charged a percentage on profits from the EV & he would have done very well over time. |
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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.
I don't care what's going on behind the scenes, I just wanna get my money out. Christ, just give us an ETA. For real 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. |
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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.
I don't care what's going on behind the scenes, I just wanna get my money out. Christ, just give us an ETA. Consider the money lost. If the owner had the coins investors & players would be able to withdraw them. It's very obvious the owner of the site is trying to squeeze out what ever money possible before site goes offline. |
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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.
Would you be up for selling as you have lost most confidence in your players? He really should sell the site, at least he'd make something off of it. The volume is basically nothing now & he really couldn't have profited to much from the scam, based on the intial profit investors withdrew. |
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I will bet 10BTC against Casinobit being a scam, anyone sure enough to bet 1:10?
I would take the same bet as you anytime with those kind of odds that Casinobit will reimburse all investors deposit. Well claim to be 99% sure so I should take them up to their word and bet 1:100, but since people like to overestimate I can bet 1:10 (for those who are just 90% sure) or even 1:5 for 80%, if you are just 50% sure don't go running your mouth and criticizing people harshly. I'm confused on how you think this is not a scam when players & investors are not being payed. Please explain what it is then? I guess you think everyone is lying. Didn't you start a thread with a list of scammers? Weird how the one casino that's not paying anyone is listed as trusted on your list yet the ones that are paying out are listed as scams. |
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Thanks for the tip. Glad I did not invest. So I take it this was some kind of hoax?
Yes, it was some sort of failed ponzi/scam I think that's still TBD. I for one still expect to get my coins out. I won't be too upset if I don't, since I did some withdraws early and the remainder in there is just winnings. My guess is that Casinobit had a ponzi-like error in his investment calculations and has since been skimming profits so as to get back to solvency. When he does, I think he'll be back and ready to pay out all investments. Sort of a Catch-22 though, because no one is going to deposit money in there for any purpose, including gambling, if they don't feel confident they can get it out. If he was smart he would sell the site, I'm pretty sure it wouldnt be to hard to find a buyer that would offer him some coins as well as make investors & players whole over time. |
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there is also the https://trucoinrt.com/ platform now which connects the biggest 3 exchanges in one umbrella platform. easy to trade in one-stop-shop The site is not running yet |
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LOL there is no way I would ever copy the code on this page. I mean really? the page has a red background with red font? From a UI/UX perspective this is a disaster and I hate to break it to you but a casino isn't a new idea... There about a million online casinos and just in the last year there has been about 100 new bitcoin casinos.
But you have said that you are copying his idea on this thread so I would tread lightly if I was you, plus: Yes, I know someone will get that reference  I guess you don't really understand what qualifies as copying. I can say all I want I am going to copy google's idea of a search engine or copy bitcointalk.org and create a bitcoin forum but no matter what if I write all my source code and aren't stealing anything, then there is nothing to sue about. Once again, do you think all these dice casinos popping up are someones orignal idea? No, they saw a company like just-dice and said oh that's a good idea I want to do that and did it. There is nothing just-dice can do unless they stole their source code. But you are copying an idea which has a copyright, it's like if I manufacture a phone that looks like an iPhone I can get sued, no one will give a fuck when I'll say "but all those Chinese companies are copying iphones!". Now granted you will probably either run out of money or fail to pitch your copycat idea, but if you don't your white ass will be wide open for litigation. This is the dumbest thing I've ever heard. Ask the winki twins how copying there idea worked out for them. Last time i checked zuckerburg is still on the forbes list. the Owner of the site is broke & owes people money & you think he would sue someone. Makes no sense that he'd sue someone & reviel his identity. hed end up getting charged for fraud. |
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But instead for a small amount of money he decides to screw people.
Didn't you see his post? He has said he is neither a scammer nor a lowlife, and just has to do some kind of deal to get people their money back: 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.
Ohhhh duhhhhhh, I keep forgetting if its posted on the Internet it has to be real. |
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guys, why so hard on mt.gox, they are getting screwed by everyone! $2.9m stolen by the government, $70m being sued, and apparently all US financial institutions are done with them... you think this new company will be any different when the government starts fucking with them or when they are getting sued, all financial institutions are banning them, etc?
sure they could have better PR... and i see why people arent using them because of this of course. but its not really their fault whats going on is it?
I'm guessing its because most people have never dealt with a retail broker before. I have been trading forex for over 14 years now & have worked with so many different retail brokers & this is just the way things go. maybe not as long as gox has people waiting but there all the same it always a headache to withdraw funds. Things will get better over time as they become more established & learn how to properly process withdrawals. People need to understand no matter how frustrated you are with gox, them falling is it a good thing for the bitcoin community as a whole. |
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I really wish he would let us know when he plans on paying. A week?
I think he's expecting loses from players to cover what's owed. Not looking to good tho considering there's barely any volume on the site because everyone knows its a scam. It amazes me hoe stupid some people are, this guy could have easily kept this site running & charged a vig on the winnings for allowing users to invest in the house & he would make a fortune over time with no risk. But instead for a small amount of money he decides to screw people. |
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Just to let you guys know, I am not a scammer and not a lowlife, currency a deal is being worked out to repay all the investments, sorry for the delays.
If your not a scammer then where is all the money? |
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i can use greeks to price them. but i need people to try them. can you help me?
I can but I need more info. Are you just looking to just let people buy puts & calls from you & your going to write all the contracts, or will the traders have the ability to write contracts as well & you'll charge a commission. If your looking to write all the contracts yourself I'd say be very careful that can get ugly real quick. Either way pm & let's talk I have an extensive background in finance & have been a trader for the last 14++ years. |
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I'm thinking of bitcoin options.
for example if you think bit coin price will go up you can profit more with the same amount by using leverage.
like you want to buy 2 bit coins for $102 each and you think it will go up to 150 each. so you buy bit coins with 204 and it becomes $306.
you profited $102. but if you bought bitcoin options that expire in a month with 204$ for $10 dollars each and bit coin price goes up to $150 you can buy them for 102(the strike price) and make $48 profit each so that is $979.2 profit.
also people who think the bit coin price will fall can hedge their bit coins. this is how: for example you think the bit coin price will fall so you sell bit coin options for money and if it goes up you still have the money you made and you get the original decided price for your bit coins. so that way you don't lose unless the bit coin price goes down a lot.
its a good way to make income too. for example you can keep bit coins and earn income by selling bit coin options hedged by the bit coins you have.
what do you think?
There's plenty of room for new platforms in all sectors of bitcoin businesses, just look at all the casino & exchange platforms that are springing up everyday. Just make sure you know how to price the options otherwise you can't get burnt very easily. [/quote] |
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[/quote]
My page was showing a 37% loss since closing and that brief moment of access.
[/quote]
I'm also showing a loss not as high tho but over just over 10%
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Any idea when the invest link will be live again?
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You know about another bitcoin binary option, BTClevels, aren't you? They've got better design and usability, but I can not analyse game mechanics. You've got to improve your service, mainly UI and UX to be competitive. If your going plug your site at least acknowledge that your doing it. Btw your site is not much better and it's still not complete. |
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It definitely weeds out a lot of the bs & makes the user read more which is a good so they might not ask dumb questions.
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