Thats a very broad accusation bro, especially to BitInstant.

You should try contact their customer support and sort it out. I'm positive this is a misunderstanding

I think January 2009 would be a very.. very good year to choose

Next up: $200!

Having the same problem :@

Will try above advice though. Thanks in advance if it works

I would love to see this happen. It's funny because I was looking for a similar feature on these forums just before. Assumed they would have had one

Doesn't look hopeful Best of luck none the less!

I enjoyed playing this :p Didn't make BTC though haha

Just verify your identity?...

Wow, that's nearly $10,000,000??

I guess the price rise tempted him too much. Wow

Great update in regard to the cool off period.

Very respectable of you to sacrifice potential profit in order to give users a better experience

Let's just hope never But I wouldn't be surprised if we went down a little this month. It's seeming a little too good to be true, despite all the great supporting facts that this is just a correction :>

If the rise was from $10k to $100k, then maybe this would be something to speculate about, but I don't see why anyone with such powers would be behind our rise ^_^

Wow that really sucks. Don't give up on Bitcoins though, hopefully this won't occur again!

A translator service could come in handy around here. There's currently as massive divide in this forum between English speakers and other languages.

Best of luck

I'm not the owner of a website or anything, but I'd suggest you try Bitzino. It's got a slots game and is provably fair, the lot.

For the sake of this argument, lets say SD's house edge is 2%.

For every 100 games played, you win 49, you lose 51. Therefor, for every 49 games played, you win 24 and lose 25 (Give or take .1 of a win lol). That's one extra loss than win every 50 games on average. In 50/50 gambling, in theory, you will not make any profit or loss. So for 49/50 of the rolls you do with SD, their house edge is not affecting you what so ever. If you're betting an average of 1% of your money every time you bet, it's going to take 1000 rolls for SD's edge to take 20% of your money. Therefor, with an average of 1% of your money (Not compounding) gambled each time, it'll take 5000 rolls before you are 'cleaned' due to SD's house edge.

Obviously the 50/50 can have you go either up or down a lot during those 5000 rolls. But that's 50/50, and has no EV apart from entertainment.

With such a low house edge as 2%, the variance involved when gambling is still massive. The player has enormous chances at making a lot before house edge even comes into play.

It's unbeatable when you look at everyone who has ever gambled there, and then add all their bets together. That's when house edge starts really showing. But to the individual bettor who's looking for a bit of fun, it's more or less unoticeable.

I just feel as if you guys are making it out to be a lot bigger than it really is (The house edge).

It can be beaten . 1.9% house edge is TINY. Chances are, if you played less than 50 games of SD, their house edge hasn't even affected you, and you were playing 50/50.

It's only people who play THOUSANDS of games that end up losing everything due to house edge.

Some casino's take up to 10% margins, SD takes 1.9% which is extremely fair.

Obviously though, in the long run they profit, but so do a lot of other people

I was talking to an old friend who was in the virtual currency 'industry' for gaming. They used to sell these currencies for Paypal. To prevent Paypal fraud they used systems/software which determined the risk factor of a payment being fraudulent (Similar to MaxMind, but a little more 'advanced'). Over the last 15 months they claimed to have lost less than 1% of their sales to chargebacks/fraudulent paypal payments. They obviously only allowed people to buy a limited amount at first, and as they made more transactions they were allowed to buy more over time.

What's stopping people using these systems to also accept Paypal as a way to fund the purchase of BTC? I'm sure people would be willing to pay a certain % over Mt Gox in order to pay via Paypal opposed to other methods.

Have people already tried this? Did it fail? (I assume it did since there's none of them around afaik)

Link to MaxMind: http://www.maxmind.com/
(Again, person I was talking to didn't use Maxmind, but a more advanced variation of it. I'm sure it could also do the trick though?)

Seems unlikely that you'll be able to get a fair resolution, but I hope you do Best of luck, and sorry for your current loss.

Why don't you just continue running it. It seems pretty self manageable. All your doing is making anyone who uses your site probably panic and not wanna play anymore lol.

Also the fact that your selling it after 1 week makes potential buyers obviously assume it didn't hit off :@

Best of luck none the less.