*facepalm* Stop giving them money!

If it's a mathematical certainty, please provide the exact date/time. Thanks.

That's 'coz they're so darn attractive!

Fiat will be replaced once ruling bloodlines insure getting more control over herd with the whole replacement deal. It would be so much more effective if herd "comes up" with that which
is to replace fiat and demand global adoption of it, which is what cryptocoins are actualy about.

Herd can never permanently outsmart natural-born rulers. "We are many" can do some damage here and there but in the end they need someone to rule over them. That is nature law.

Slander != Facts. Stick to facts.

Operatr, you are an idealist. I know my tribe 

I'm the owner of StrikeSapphire.

First of all, we denominate our accounts in USD because our software is built to handle multiple deposit methods. We don't hedge one currency against the other or take any trading positions with customer deposits. Once a customer's deposit is in, we convert it to USD and store it as USD -- the same amount you see in your account. What you see is what you get. When we opened in July 2011, BTC dropped from $30 to $2 in the span of a month, but we took no losses, and all of the players with USD in our system were completely unaffected by that.
It's been my belief from the beginning that BTC is, for now, better treated as a payment method than a store of value for us, because we already gamble once with very low- or no-house-edge games. We don't need to gamble with currency volatility on top of that.

We do not make a profit on our BTC<>USD rate. Our deposits and withdrawals are handled at the live rates from Bitstamp.

We have never failed to pay out quickly, and we maintain at least 5x the total customer deposits on hand in USD for immediate withdrawal. We do not have a client-side hashing algorithm built into our site, because most of our games are multiplayer. However every single shoe of cards we've ever dealt is available for public analysis, as well as our daily RTP figures for every game, at https://strikesapphire.com/reports . If you believe there is something unfair about our RNG, you are free to run a statistical analysis on it. If you've played at our site, then any cards you've been dealt can be found in there if you know the hand ID numbers.

I don't know if you're one of our players. If you are, I hope neither myself, FragileJD or Mike has been rude to you. If someone has, please let us know. We do our best to provide quick, excellent service. I know that I have had a reputation for being a hardass from time to time -- particularly in the case of Dooglus. And I have to say I really appreciate Doog for taking the high road here, since I know he doesn't care for me much personally. That does not make us a scam.

We've been in business for almost 2 full years, longer than any other Bitcoin casino currently standing, and have never once failed our customers or had a dispute which resulted in players not getting paid out. I think our record speaks for itself, and I'd appreciate being removed from this list.

liquid-nitrogen-generator....  
http://citizensciencequarterly.com/2011/05/10/liquid-nitrogen-generator/

Kudos to them managing to get all that in such a nice case......

But wow......



So the thing also shits little pellets of contaminates....


And to stop you 'peeking inside'

Reminds me of my six year old, who said that he wanted to invent a system that involved taking a picture of you holding money "to prove that you had it" in order to buy something.  He was upset because he wanted to buy a game but didn't have a credit card.  We later had to get him to think about why his invention wouldn't quite work the way that he thought it would.  He wouldn't need his invention with BTC though.

As I pointed out in another thread, I would leave Bitwize be. Unless some employee or other is involved, I have worked with them in the past and they're legit (or were then, at least).

Not that I wouldn't put it past certain ppl, but it would be moronic to "like" your company/employer on your own scam page. There is probably some link or other to be made, as Bitwize is a "local" competitor, but I don't think it's at company level.

+1

Hate to over simplify, but that was my absolute first thought when seeing the scam site's name.

As horrible as it is for the backers, it's a sad fact that not every company will be able to make it. What's "dark" and terrible about this company is that they chose to neither communicate properly to their backers, nor were competent enough to give refunds.
I've been checking out kickstarter for a while. They do their best to see real material and such before approving projects for their site. While, yes, try do make money regardless of whether the project delivers or not, they DO actively block people to abuse their platform. I mean, they require something real and tangible for most projects. Software is the only real exception there, and perhaps a few games. I think they do a good job policing projects before they get approved. And, if the projects take your money and run, it doesn't look good for them, either.
And, like they've said, and numerous others have said, this is product investment by crowd. It's a risk. You're not pre-ordering or buying a product, you're giving them funding. If thing go the way they're supposed to, you get something back. And, if not, you get a refund. If you don't, some time of legal recourse should be appropriate, or just calling your credit card company and nixing the charge. The only time it's not really a risk is if it's a successful person or company that's finished one project, delivered, and then put another up.
Those guys should be ashamed of themselves for not communicating properly. If they need more time because of delays, say so. If you completely failed, detail why. Crowd-funding isn't just about getting money. It's about small companies and groups learning how to put out products without having massive debts or big name investors reaching down their backs. Some people wouldn't be able to deliver something at all if it wasn't for this model. Sharing your mistakes is more important that sharing your successes. It helps show the way for others. It's not just crowd-funding, it's crowd-learning about entrepreneurship.

As horrible as it is for the backers, it's a sad fact that not every company will be able to make it. What's "dark" and terrible about this company is that they chose to neither communicate properly to their backers, nor were competent enough to give refunds.
I've been checking out kickstarter for a while. They do their best to see real material and such before approving projects for their site. While, yes, try do make money regardless of whether the project delivers or not, they DO actively block people to abuse their platform. I mean, they require something real and tangible for most projects. Software is the only real exception there, and perhaps a few games. I think they do a good job policing projects before they get approved. And, if the projects take your money and run, it doesn't look good for them, either.
And, like they've said, and numerous others have said, this is product investment by crowd. It's a risk. You're not pre-ordering or buying a product, you're giving them funding. If thing go the way they're supposed to, you get something back. And, if not, you get a refund. If you don't, some time of legal recourse should be appropriate, or just calling your credit card company and nixing the charge. The only time it's not really a risk is if it's a successful person or company that's finished one project, delivered, and then put another up.
Those guys should be ashamed of themselves for not communicating properly. If they need more time because of delays, say so. If you completely failed, detail why. Crowd-funding isn't just about getting money. It's about small companies and groups learning how to put out products without having massive debts or big name investors reaching down their backs. Some people wouldn't be able to deliver something at all if it wasn't for this model. Sharing your mistakes is more important that sharing your successes. It helps show the way for others. It's not just crowd-funding, it's crowd-learning about entrepreneurship.

May I see your evidence of a scam? Hopefully you're not actually trying to claim that concept art is a scam. I think what you meant to say was, "This might be a scam". Because if something is obviously a scam, than you would have some evidence to back up your claims.

Interestingly enough, these links that were posted that some of you are believing to be credible are claiming ButterflyLabs is legit as so many people on here are misusing the word "scam" toward them as well.