I just want to say... this is ridiculous (not you, the backlog). 0.002+ BTC fee on a somewhat small (byte-wise) transaction and after 7 hours it still has ZERO confirmations? Wow...
Looks like it was caused by a DoS vulnerability in bitcoin (see the reddit link above) but fortunately it appears that miners are no longer mining (?) the exploiting transactions, so the backlog has cleared up and it should be business as usual. (I hope the miners have figured out how to identify and remove the exploiting transactions, rather than just the attacker has stopped)
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This is just a heads up. I've been waiting for more then 2.5 hours for a withdraw to confirm. I'm posting the txid to see if anybody can see why its taking so long.
txid: e5a361b7da376bcf7f9575e1a16414faac6261f850740dabf9d9f6c0f1b445ed
I think I've explained it already a couple times why on support, but it's because after that transaction was sent a flux of new transactions have come in with higher priority, and backlogged it. I promise you'll get your money, and I even created a conflicting transaction for you with an *extremely* high fees: https://live.blockcypher.com/btc/tx/c0c364ec8bfee5059f6cb4a3fe1578643ce5bce43b2f5510d25822364732ff59/There's nothing else I can do, and you just need to be patient, and I promise you'll get your money. Incidentally, once 0.12 bitcoin comes out, this will be supported much better and won't be a problem. Turns out this was the cause: https://www.reddit.com/r/Bitcoin/comments/3ur5ma/stuck_transactions/cxh9o4xlooks like quite nasty, hopefully there will be some fixes soon :/
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Ryan can you please explain if you have time how would you use kelly criterion in order to calculate the max bet?
Doing it perfectly in a game like bustabit would be quite challenging, as we have a dynamic house edge (between 0 and ~0.99%). Basically you'd have to wait until everyone bet, then solve for "Point that my loss would be: HOUSE_EDGE_AT_THAT_POINT * MyBankroll" (as equation I'd only know how to solve numerically) and probably adjust that after each person cashout. Or you could just estimate the average house edge at ~0.33% and make the make max profit = 0.33% * bankroll
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This is just a heads up. I've been waiting for more then 2.5 hours for a withdraw to confirm. I'm posting the txid to see if anybody can see why its taking so long.
txid: e5a361b7da376bcf7f9575e1a16414faac6261f850740dabf9d9f6c0f1b445ed
I think I've explained it already a couple times why on support, but it's because after that transaction was sent a flux of new transactions have come in with higher priority, and backlogged it. I promise you'll get your money, and I even created a conflicting transaction for you with an *extremely* high fees: https://live.blockcypher.com/btc/tx/c0c364ec8bfee5059f6cb4a3fe1578643ce5bce43b2f5510d25822364732ff59/There's nothing else I can do, and you just need to be patient, and I promise you'll get your money. Incidentally, once 0.12 bitcoin comes out, this will be supported much better and won't be a problem.
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The explanation had me tangled lol..
Basically the "max profit" functions as a stop-limit to the amount of money that bustabit.com can lose in a single game. If the house ever loses this amount of money, everyone is instantly cashed out at that point (enjoying that amount of money)
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Hi Ryan, can you please explain the idea of the max profit, how is it calculated and effect the multiplier ?
Not Ryan, but I think I can answer it. The max profit is a number calculated by the height of the bankroll. Bustabit calculates the max profit by the kelly criterion. That basically means you can win (i believe it is this number now) 3% of the current bankroll of the site. It does not affect the multiplier at all, except for the following: If everyone combined bet 2 btc on a max profit of 10 btc, the game cashes everyone out that is not yet cashed out when the profit of everyone combined reaches 10 btc. To make it real simple, let's say you are the only player playing currently. You bet 1 btc with a max profit of 10 btc. If you keep it running, the game will cash you out at 10x multiplier. Even though the multiplier could have gone higher. Great explanation, but I'll make one minor correction: the max profit isn't calculated using the kelly criterion (that's only what sane people use, and what moneypot uses). I'm just using a fixed 3% of the site bankroll, which is probably around ~6-10x the kelly. That said, I'm also under-reporting the site of my "true bankroll", like for instance when recently the whales started raping the site, I kept filling up the bankroll (as I was confident they were legitimate whales, not someone with an exploit)
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It's just a security reason. We use the same script to generate the rolls.
Sure, but you can just use a fixed salt. Like '-outcome'. About the luckynumber, it's a number between 0 and 999,99. Then we divided by 333 to get the win card. Is it clear?
Well your code explicitly redraws if it's 0, so it's actually between 0.01 and 999.99. Although I don't understand why you don't just generate a number between 0 and 999.98 then add 0.01
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I think I see now, I'll give that a try. Although my immediate questions would be: if ($luckyNumber < 0) $luckyNumber = -$luckyNumber;
How could luckyNumber ever be less than 0? And: $i = 0; do { .... $i++; } while($luckyNumber == 0)
Wouldn't you be better off just shifting $luckyNumber by 1 spot instead of all that?
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Also, the only game I looked at so far (blackace) doesn't seem to be provably fair at all? AFAICT you're only proving the "win multiplier" **if** they win, but rely on us to trust you to tell us if we won or not.
For instance in game #155 I bet 702 bits on the 2nd card, but you claim the correct result was the third card. Now if I use your provably fair, I can tell that had I won I would've got x4 my money, but how can if the real winning card was the 2nd card or the 3rd card?
In fact, I care a lot more about knowing if I was right or wrong, than knowing how much I would have got had I won =)
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Is it good?
I now have the money, but it's not showing up in the deposit history. But I can't withdraw it: even though I've only claimed the faucet once. Also, locking withdrawals because "faucet abuse" seems rather abusive, once you give people money it should be theirs. If you think they're abusing the faucet, stop giving them more.
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Hello Rhavar,
Can you give me the transaction ID please?
Thank you
It actually has 2 confirmations now: 248941406be6744b72b66bf35d65ad8b233298949ce546db742c9d9e643cdc86 =)
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Looks very nice! I tried sending a bit of money, but it doesn't show up instantly =( Also it doesn't let me change my client seed: Too many request. 13 minute(s) left for change your seeds And this is the first time I've even tried. The typical advice for gamblers is that they set their own client seed before playing, so putting a restriction like this seems a little excessive and counter productive
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Amazon elasticbeanstalk is extremely scalable and way past any personal co-location can match. The difference is we are focused on the user experience instead of counting our money. I assure you that our setup is very different than competitors setups.
but from the OP: Mega Companies already trust our Co-Location so what do you think we put in our own projects
So I guess answer to that question is "On Amazon's Cloud"? (Or are you implying you own AWS?)
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Conversely aren't you also saying that MP is the worst place for investors to invest, and that they'd even be better off at PRC, paying the highest commission of all investment sites?
I don't think this is implied at all, as what investors care about is bankroll turn over (* their EV, I guess) rather than absolute commission amounts. So far YTD investors would have made a little over 60% by investing in MP, so I think that would have outperformed most sites (primarily due to its small bankroll)
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If you guys wouldn't mind, this conversation is probably more appropriate for PMs as the site is still hasn't sold yet and the auction is still underway.
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My main concern as an app owner is will the % change? I dont think many ppl will be interested in making apps for MP for any less of a %.
The auction process is still on-going, so I think it'll make sense to wait until we have a winner announced instead of speculating. That said, app owners are the life-blood of MP, so I doubt anyone is going to buy the app just to squeeze them.
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MoneyPot actually has a service specifically designed for this that makes it completely safe to send bitcoins from coinbase. It's significantly better than trying to send to an intermediate wallet, or anything of the sorts. And unlike a traditional mixer, leaves no evidence of mixing. Unfortunately I haven't yet solved the problem of how to (safely) send coins to coinbase, although I do have some ideas (but they'll leave traces that the coins were mixed)
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Hi Ryan,
This doesn't seem like a standard auction that i would be willing to bid on. Since you are choosing which bids to reject it doesn't come off as an action. I think this belongs more as a normal Sales Thread. Anyway that being said if you ever were to convert this into a proper auction i would be happy to place my bid.
- David19.
You're right that it's an unconventional auction, but I believe it's more of an auction than a sale as there is no fixed price. As for why I have and will reject bids, MP has tremendous potential to be used for a huge scam, and that's something I would do anything to avoid. Because of the investor system, all a (rich) scammer would have to do is start creating shill whale accounts on the site, and start losing hundreds of bitcoins to investors. To reassure everyone it's real, you'd just have to show solvency and even though this would be a paper-loss, the reality is that a lot more investor money would come in, then go out because of it. Then after it stops growing (or you run out of paper money), the scammer would just shut down the site and keep investors money. And that's not purely theoretical, I've been contacted already by two people who I believe had bad intentions (and can be traced back to a previous bitcoin scam) one offering a significant more than the highest bidder. So if you're interested in the site, I'd encourage you to place a bid. If you're buying the site with good intentions, I can't imagine myself knocking back the bid. And the site is strongly looking like it'll sell one-way or another, and at something I would consider a very attractive price =)
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