.

[TwinWinNerD]

.

[1715216524]

1715216524

[1715216524]

1715216524

[1715216524]

1715216524

[1715216524]

1715216524

[1715216524]

1715216524

[cazkooo]

Dividend: Once a month on the first sunday, the commissioned profit will be dividended out via mgwBTC dividend. You will receive a mgwBTC transaction to your NXT account.

Not sure why you are making such complicated ways for investor . Too many steps to do and I believe not everyone is familiar with this NXT asset. Also im sure im not the only one that dont understand what mgwBTC is. Plus that not everyone will want a divident pay out because some people like to keep on investing with their profit as well

[Mist]

I'm not sure if this is worthy of another post but the invest option is definitely new compared to bustabit. Good job.

[cazkooo]

Dividend: Once a month on the first sunday, the commissioned profit will be dividended out via mgwBTC dividend. You will receive a mgwBTC transaction to your NXT account.

Not sure why you are making such complicated ways for investor . Too many steps to do and I believe not everyone is familiar with this NXT asset. Also im sure im not the only one that dont understand what mgwBTC is. Plus that not everyone will want a divident pay out because some people like to keep on investing with their profit as well

This is the mgwBTC: https://multigateway.org/

also you can just send the mgwBTC back to the issuer account after the dividend to reinvest.

PS: I have ran this exact same investment scheme for 2 months successfully on the other site of mine.

Thats too much things to swallow just for this investment feature. You ran the NXT tothemoon investment successfully because people love and understand how it works but here, most people love bitcoin more and Im sure many people dont understand a thing here.

Im not really understand how this nxt investment thing work but will there be a kelly option for 10 or 100x ?

[FanEagle]

I wish you good luck with this investment over the btc side of tothemoon, let's see how it goes!

[ComboChris]

Hello guys,

I am now opening the investment into the Bankroll of btc.tothemoon.me. After the successful two month run of the nxt.tothemoon.me bankroll investment, it is now possible to invest into the Bankroll of the btc.tothemoon.me site. The bankroll will be managed via assets on the NXT asset exchange. Its a decentralized, trustless token exchange with automatic order matching. Its very easy to use and the full reference client can be downloaded here: https://nxtforum.org/nrs-releases/nrs-v1-5-12/ or you can use a webservice like secureae.com. If you have questions, just post them in this thread, so everyone can see the answer directly.

Terms of the investment:

Invest in the House Bankroll of btc.tothemoon.me


ASSET ID: 9515586733978661635

Asset name: BTCBR

Website: http://btc.tothemoon.me

Goal: Raise funds that will be used as the house bankroll. I want to raise a bankroll over 1000 BTC, thus attracting big BTC whales.

Starting Value: 1 BTC / Asset

Profit Split: 60%/40% (40% will be used to maintain the site and pay devs)

Profit Calculation: Weekly on Sunday. The promotion payout will be deducted from the profit. The assetcount will be adjusted, the profit will be adjusted, the commission will be applied.

Commission: The 40% commission is only applicable, if the high watermark was reached. High watermark means, that only profits that have not yet been commissioned on count to it. Example: if the house wins 10 BTC in the first period, it has to pay 3 BTC commission. If in the next period the bankroll loses 5 BTC, the profit watermark stays at 10 BTC and the profits go to 5 BTC. Now the next 5 BTC that get won are not commissioned!

Dividend: Once a month on the first sunday, the commissioned profit will be dividended out via mgwBTC dividend. You will receive a mgwBTC transaction to your NXT account.

Disclaimer:
THE RULES OF THIS ASSET:
- BTCBR can be dissolved via buyback at NAV at any time.
- No timeframe is guaranteed for this offering. It could stop tomorrow
- Investing in the bankroll may expose you to certain risks, like volatility risk, loss of funds or other non-forseeable events.



Asset description text:

Code:

This asset represents the whole bankroll of btc.tothemoon.me. For more information visit: https://bitcointalk.org/index.php?topic=1105519.0 or https://nxtforum.org/index.php?topic=9517.0

How to invest:

Variant A:
PM me the amount you want to invest + your NXT address, I will send you a deposit address, you will have to send the BTC within 24 hours then. For 1 BTC you get 1 asset.

Variant B:
Send mgwBTC to this account: NXT-2DRD-6HVM-C3XX-BDRBF. You will get 1 asset for 1 mgwBTC.

(Variant C: Later you will be able to buy the asset directly on the asset exchange, but not at start.)


PS: The funds go directly to coldstorage and are kept on a secure TREZOR setup.

I feel like it would be an a lot easier method of taking commision if you simple took a percentage of the wagered amount.(in the case of 40% commision that would be 0,4%)  This would mean you would not have to take any risk(besides losing your own investment if you do have one). Furthermore I don't think 40% commision is fair or will attract a noteable amount of investors since larger sites with much more bitcoin wagered take commisions of 10-25%.
25% would be the absolute maximum if you want to attract investors but maybe time will prove me wrong.

[ComboChris]

I think taking a part of the wagered amount is even more unfavourable for the investors. Also its an equilibrium, if no people invest at this profit split, then the current investors will have even more profit of the mass of small bets. And if I have to I will fund the whole bankroll myself

Mathematically in the long run taking part of the wagered amount will be the same for investors since you're simply taking away your split of the expected profit, though to the investors it may look like more and possibly demotivate some from investing. And you're right, investors will make more per bitcoin wagered since their split of the bankroll will be bigger. This will be less of a point when more investors start joining though so with this logic you would have to lower the commision once enough investors have joined. Generally I would say play around with it and see what turns out to be the best for you. Even the old invest dice sites are still playing around with their investment systems.

[cryptworld]

But what if in a week that there has been big profit I decide to invest previous day?
or what if in a week that there has been big losses I decide to divest previous day?

How could people divest?

I think it is a really difficult way to invest,trading with nxt add it difficulty

[theskillzdatklls]

ill keep my eye on this but right now this needs improvement

[Seccour]

Since i follow the NXT bankroll... I will invest some btc in this asset too !

And both of your assets have a french translation on a french forum :
_ https://cryptofr.com/topic/1651/btc-tothemoon-investissez-dans-la-bankroll-de-la-maison
_ https://cryptofr.com/topic/1402/nxt-tothemoon-investissez-dans-la-bankroll-de-la-maison

[bitllionaire]

Hey man,I would like to invest in your site,but the method that you offer is really complicated 

[Mist]

Hey man,I would like to invest in your site,but the method that you offer is really complicated 

Same, I need to devote an hour to figure this out and research a bit more before I feel comfortable investing. Don't like investing without fully knowing what I'm diving into. I probably will invest though, just need to get around to reading up on it. Don't let a learning curve stop you guys from investing though.

[lottoitaliano]

Hey man,I would like to invest in your site,but the method that you offer is really complicated 

Is the same for me, i continue search a dice game with investment, but i search simply solution, send bitcoin or other coin and see my investment in account, with hourly earned upgrade

[Mac Red]

I'm on board. Sent you some BTC.

[jpouza]

Good luck to you all

[FanEagle]

https://i.imgur.com/q3TJ0d9.png
This is what happen when you are concentrated enough for not loosing your 30 Nxt hard earned.  

[ticoti]

I want to invest, but this is too difficult ....


How can I see your site profit stats?

[crazyearner]

Maybe if you have investments at smaller amount than 1BTC or to use other cryptos as options would be a good idea as 1BTC is a lot to chunk in maybe increments of 0.1BTC would be better.

[ranlo]

Maybe if you have investments at smaller amount than 1BTC or to use other cryptos as options would be a good idea as 1BTC is a lot to chunk in maybe increments of 0.1BTC would be better.

Someone can always buy shares and then break them into smaller parts and release a separate stock. Sort of like how there were AM1 and AM100 shares. I'd do it myself but I find the usage of NXT extremely confusing.

[jpouza]

Payout time!!!!

Paid the last weeks cashback promotion winnings!

Remember if you wager so much in one week, that you are in the top 15, you get a % of your wager amount back! There is no cap on how much I pay out! Also it runs EVERY week!

Nicely done!

Keep up the good work.

Cheers

[sbankerdemon]

Ohh I missed the promo

[srgkrgkj]

Ohh I missed the promo

You are in luck, it runs every week

yess id love to get in on the next promo haven't heard much about the site so far in the forums so was pleasantly surprised when I viewed the thread the project deserves much more attention mate its a one hit wonder good luck OP and to the players too

[Alvin Fahriza]

Ohh I missed the promo

You are in luck, it runs every week

nice run every week promotions
lets play 
goodluck

[Twipple]

+1 for smaller amounts of investments than 1 BTC. Making it around 0.1-0.5 btc should get you a lot more investors on board

[7bestone7]

Ohh I missed the promo

You are in luck, it runs every week

do they announce those promos here? i would really like to participate in one and try to win some bitcoins out of it, i hope i will not miss it

[ranlo]

First Comission!

Our Profit:   18197181 Bits
Free Bits distributed:   920222 Bits (this is all the promotions and faucet)
Net Profit = 17276959 Bits

Commission (40%) = 6910783,6 Bits

High watermark for next commission = 18197181 Bits

How many BTC were invested, or, more importantly, what was the ROI on this commission?

[RussianRaibow]

First Comission!

Our Profit:   18197181 Bits
Free Bits distributed:   920222 Bits (this is all the promotions and faucet)
Net Profit = 17276959 Bits

Commission (40%) = 6910783,6 Bits

High watermark for next commission = 18197181 Bits

How many BTC were invested, or, more importantly, what was the ROI on this commission?

133.38 BTCBR assets are in existence, so if dividend day way today, each BTC invested would receive  0.0777BTC or 7.77% ROI for the first two weeks of uptime.

Nice ROI I must say. I would like to know when the Rocket is being exploded ? Is it an autogenerated random number ?

[cazkooo]

First Comission!

Our Profit:   18197181 Bits
Free Bits distributed:   920222 Bits (this is all the promotions and faucet)
Net Profit = 17276959 Bits

Commission (40%) = 6910783,6 Bits

High watermark for next commission = 18197181 Bits

This is absolutely a good investment if the cut is not 40 % ! and also there is a cut for the free bits. Doesnt that the house will always pay for the faucet and freebits? 40 % for the house is a lot and you take the cut from free bits as well , thats means you are running the house with no risk at all

[Quickseller]

I like this idea, and I like the high minimum investment - it makes it so smaller investors will be less likely to invest and dilute the bankroll.

I will probably invest in the next few days.

[ticoti]

First Comission!

Our Profit:   18197181 Bits
Free Bits distributed:   920222 Bits (this is all the promotions and faucet)
Net Profit = 17276959 Bits

Commission (40%) = 6910783,6 Bits

High watermark for next commission = 18197181 Bits

How many BTC were invested, or, more importantly, what was the ROI on this commission?

133.38 BTCBR assets are in existence, so if dividend day way today, each BTC invested would receive  0.0777BTC or 7.77% ROI for the first two weeks of uptime.

That's a 200% ROI in a year wow!

I'd like to have an easy way to invest

[RussianRaibow]

I like this idea, and I like the high minimum investment - it makes it so smaller investors will be less likely to invest and dilute the bankroll.

I will probably invest in the next few days.

Could you please explain how can smaller investors dilute the bankroll ? Any investment, small or big, will only increase the bankroll... is not it ?

[arallmuus]

That's a 200% ROI in a year wow!

Totally wrong on this, you cant based a 2 weeks uptime for the projection of the yearly performance. You should note that the thing of investing in a gambling site is risky in nature as a whale might be able to drain some of the bankroll and thus leaving zero profit for the two weeks period but given the high house edge, the house will survive in long term though

Any investment, small or big, will only increase the bankroll... is not it ?

Yes.


A quick question, will there be still a cut to the investor if by any chance there is zero profit for the two weeks period?

[Quickseller]

I like this idea, and I like the high minimum investment - it makes it so smaller investors will be less likely to invest and dilute the bankroll.

I will probably invest in the next few days.

Could you please explain how can smaller investors dilute the bankroll ? Any investment, small or big, will only increase the bankroll... is not it ?

There will be less people who will end up investing, thus whatever a person who has a lot of money to invest will have a larger share of the bankroll, and thus a larger return (EV)

[arallmuus]

There will be less people who will end up investing, thus whatever a person who has a lot of money to invest will have a larger share of the bankroll, and thus a larger return (EV)

The calculation will be the same no matter how many micro investor there are because in the end everyone will share the profit or the loss of the house which is proportional to his stake of the bankroll (assuming it is 1x kelly for everyone). The reason for not accepting any micro investor could be that the share of profit seem to be calculated manually now (?) ( I could be wrong on this ) unlike the other sites therefore having micro investor isnt feasible for the moment

[Quickseller]

There will be less people who will end up investing, thus whatever a person who has a lot of money to invest will have a larger share of the bankroll, and thus a larger return (EV)

The calculation will be the same no matter how many micro investor there are because in the end everyone will share the profit or the loss of the house which is proportional to his stake of the bankroll (assuming it is 1x kelly for everyone). The reason for not accepting any micro investor could be that the share of profit seem to be calculated manually now (?) ( I could be wrong on this ) unlike the other sites therefore having micro investor isnt feasible for the moment

The calculation will be the same, however people who would otherwise invest less then 1 BTC would not invest at all, and I would speculate that those people would make up a large share of the bankroll.

Also you can potentially sell less then 1 BTC worth of the bankroll on the NXT AE, potentially for more then the portion of the bankroll you are selling (potentially sell .5 BTC worth of bankroll for .51 or more)

[ticoti]

That's a 200% ROI in a year wow!

Totally wrong on this, you cant based a 2 weeks uptime for the projection of the yearly performance. You should note that the thing of investing in a gambling site is risky in nature as a whale might be able to drain some of the bankroll and thus leaving zero profit for the two weeks period but given the high house edge, the house will survive in long term though

Any investment, small or big, will only increase the bankroll... is not it ?

Yes.


A quick question, will there be still a cut to the investor if by any chance there is zero profit for the two weeks period?

It's obvious,just projecting data to make some comparisons

[arallmuus]

The calculation will be the same no matter how many micro investor there are because in the end everyone will share the profit or the loss of the house which is proportional to his stake of the bankroll (assuming it is 1x kelly for everyone). The reason for not accepting any micro investor could be that the share of profit seem to be calculated manually now (?) ( I could be wrong on this ) unlike the other sites therefore having micro investor isnt feasible for the moment

-snip-

Also you can potentially sell less then 1 BTC worth of the bankroll on the NXT AE, potentially for more then the portion of the bankroll you are selling (potentially sell .5 BTC worth of bankroll for .51 or more)

Good thing about using NXT AE rather than a simple BTC investing is that the share will be tradeable thus you are getting double dip of profit whenever the site is taking a huge profit (some sort of like HAVELOCK)
Things that preventing me from investing would be the nasty commission of 40 % and now there is a cut from faucet and promotions but I would lay down low for a fraction of the asset just for the sake of tryout if it tradeable later on but the question will be when?

(Variant C: Later you will be able to buy the asset directly on the asset exchange, but not at start.)

I would speculate that those people would make up a large share of the bankroll.

Indeed disencouraging micro investor will make up a larger share of the bankroll however on the same that means it bear more risk as well

It's obvious,just projecting data to make some comparisons

No, you are not projecting anything because whatever number that you come up with is based on assumption and speculation therefore that is a bogus data. If you want to make a projection then you should start from the main factor which is house edge. Take the data of the profit gained and Take the house edge as well as the wagered data per 2 weeks period and make a comparison to the profit gained theoritically

[Quickseller]

The calculation will be the same no matter how many micro investor there are because in the end everyone will share the profit or the loss of the house which is proportional to his stake of the bankroll (assuming it is 1x kelly for everyone). The reason for not accepting any micro investor could be that the share of profit seem to be calculated manually now (?) ( I could be wrong on this ) unlike the other sites therefore having micro investor isnt feasible for the moment

-snip-

Also you can potentially sell less then 1 BTC worth of the bankroll on the NXT AE, potentially for more then the portion of the bankroll you are selling (potentially sell .5 BTC worth of bankroll for .51 or more)

Good thing about using NXT AE rather than a simple BTC investing is that the share will be tradeable thus you are getting double dip of profit whenever the site is taking a huge profit (some sort of like HAVELOCK)

I am not entirely familiar with your thought process here. I would think that if earnings have been accused, but not yet paid, then the value of the shares should be greater. I am not following the double dip theory.

TwinWinNerD is active in the NXT community, and active with NXT and I suspect that one side goal of this project is to increase the adoption of NXT by bitcoin users.

Things that preventing me from investing would be the nasty commission of 40 % and now there is a cut from faucet and promotions but I would lay down low for a fraction of the asset just for the sake of tryout if it tradeable later on but the question will be when?

I agree the 40% is steep, and maybe it will be lowered in the future (this is obviously speculation)

(Variant C: Later you will be able to buy the asset directly on the asset exchange, but not at start.)

I would speculate that those people would make up a large share of the bankroll.

Indeed disencouraging micro investor will make up a larger share of the bankroll however on the same that means it bear more risk as well

Correct, however over the long term, assuming there are not security breaches and no theft, then the EV of a casino bankroll investment is positive.

[Somekindabitcoin]

I will try it, maybe. 1 BTC is no problem but how does it work? I invest and when someone win big I lose / when someone lose big I win?

[arallmuus]

I am not entirely familiar with your thought process here. I would think that if earnings have been accused, but not yet paid, then the value of the shares should be greater. I am not following the double dip theory.

NXT asset is tradeable ( isnt it? )which means if the volume pick up in the future and profit keep on increasing then there is a chance that the value of the shares will be higher which means if you purchase a share for 1BTC right now and the value increase by 1.1 BTC in 3 months timeframe (which is 6 x 2 weeks period ) then you are getting a share of profit while your initial capital has raised by 0.1 BTC

I will try it, maybe. 1 BTC is no problem but how does it work? I invest and when someone win big I lose / when someone lose big I win?

How does what work? isnt it clear in the OP already? Like every other gambling sites works, the net profit ( there is a cut for promotions and faucet expenses as well ) of the house within 2 weeks period will be splitted among the share holder . Every lost is counted as a profit for the site

[ranlo]

Can someone please explain how this NXT share buying works (or confirm if I'm getting this right)? Based on what I can see, we:

1) Download the wallet or use a Web wallet
2) Search for the Asset ID
3) See its price (30k NXT the last time I looked)
4) Buy 30k NXT on an exchange
5) Transfer it to the wallet
6) Use it to purchase the asset

Is this correct? If so, is there a way with less steps (like a way to buy directly with BTC)?

And how are dividends paid? By just adding NXT to our accounts?

[ranlo]

Can someone please explain how this NXT share buying works (or confirm if I'm getting this right)? Based on what I can see, we:

1) Download the wallet or use a Web wallet
2) Search for the Asset ID
3) See its price (30k NXT the last time I looked)
4) Buy 30k NXT on an exchange
5) Transfer it to the wallet
6) Use it to purchase the asset

Is this correct? If so, is there a way with less steps (like a way to buy directly with BTC)?

And how are dividends paid? By just adding NXT to our accounts?

1. Download the wallet or use a Web wallet and create a NXT passphrase
2. PM TwinWinNerD how much you want to invest and your NXT address
3. You get a BTC deposit address and the amount of BTCBR shares you will get
4. You pay the BTC and receive the assets to you NXT accout.

Dividends are either paid in mgwBTC (a BTC token you can cashout any time easily with the NXT client to BTC) or in more assets, because most people tell me that they just want to reinvest each dividend.

Ohhh, very cool. This also helps explain why the client I looked at only showed 5 BTCBR shares for sale, :p.

Since you can pay dividends in more shares, that means fractional ownership is also possible?

[ranlo]

Can someone please explain how this NXT share buying works (or confirm if I'm getting this right)? Based on what I can see, we:

1) Download the wallet or use a Web wallet
2) Search for the Asset ID
3) See its price (30k NXT the last time I looked)
4) Buy 30k NXT on an exchange
5) Transfer it to the wallet
6) Use it to purchase the asset

Is this correct? If so, is there a way with less steps (like a way to buy directly with BTC)?

And how are dividends paid? By just adding NXT to our accounts?

1. Download the wallet or use a Web wallet and create a NXT passphrase
2. PM TwinWinNerD how much you want to invest and your NXT address
3. You get a BTC deposit address and the amount of BTCBR shares you will get
4. You pay the BTC and receive the assets to you NXT accout.

Dividends are either paid in mgwBTC (a BTC token you can cashout any time easily with the NXT client to BTC) or in more assets, because most people tell me that they just want to reinvest each dividend.

Ohhh, very cool. This also helps explain why the client I looked at only showed 5 BTCBR shares for sale, :p.

Since you can pay dividends in more shares, that means fractional ownership is also possible?

yes, down to 8 digits, and dividends are automatically calculated too, so even if you only hold 0.001 BTC of it, you still get your fair share.

PS: the offer on the AE is not from me, as I said this market is only evolving, and the asset will never be directly sold there.

Awesome! Thanks for the answers. I'm likely going to end up getting a share soon. You're making this a LOT easier than I thought it'd be (which is why I didn't look into it before -- for whatever reason, I find the decentralized exchanges really confusing in their current state. As an example, on the Web wallet I'm using, your asset ID for NXT doesn't even show up).

[ranlo]

This thing is pretty convenient: https://trade.secureae.com/#9515586733978661635

use "desctop login" and you can use your normal passphrase

Hmm... the wallet I was using is MyNXT.info. Tried inputting the passphrase from that into SecureAE and it ended up with a separate address/no balance.

[ranlo]

This thing is pretty convenient: https://trade.secureae.com/#9515586733978661635

use "desctop login" and you can use your normal passphrase

Hmm... the wallet I was using is MyNXT.info. Tried inputting the passphrase from that into SecureAE and it ended up with a separate address/no balance.

The mynxt.info is a login passphrase, no NXT brainwallet. Look if you can Export the "private key" or something the like

Ahhh, I get ya. I don't have much in the wallet so what I'm going to do is just start a new one through SecureAE and start using that instead, just since it's easier and if I ever want to use the reference client, it's still a possibility even if SecureAE goes down.

[Paws1t1veEV]

Is investment still open? I'd like to pick another BTCBR with for 1 mgwBTC?

[jpouza]

Is investment still open? I'd like to pick another BTCBR with for 1 mgwBTC?

I think not anymore, OP, could you help us?

[cryptworld]

Is investment still open? I'd like to pick another BTCBR with for 1 mgwBTC?

I think not anymore, OP, could you help us?

Why not?

The thread has not been changed, and it looks the conditions are the same

[ranlo]

Sunday is dividend day. After this its at 1 BTC nav again. You can invest then again

What's the dividend looking like for this payout?

[Paws1t1veEV]

Sounds Fair TwinWinnerD,

I will send an mgwBTC to address on Sunday after dividend.

[Sebastien256]

I will send out the dividend as additional BTCBR assets, if no bigger holder objects. I talked to most and they all agree.

Hi Twin. I want mgwbtc as long as there is no liquidity on BTCBR asset. Thanks

[Sebastien256]

I will send out the dividend as additional BTCBR assets, if no bigger holder objects. I talked to most and they all agree.

Hi Twin. I want mgwbtc. Thanks

It would be easier for me if I can send you BTCBR and you send it back to the issuer account to redeem for 1 to 1 mgwBTC. If thats possible for you?

Yes, it is ok. I will pm after sending you the BTCBR. Thanks

[Monopoly]

I am keeping my eyes on but think a most development is required for this ...

[PilotofBTC]

I'd like to invest. Can PM me a BTC address to send investment to.

[MonsterV]

@ Investors, what do you guys think should I do to boost the traffic?

advertise on The gambling website or a contest to write an article on the blog / website 

[tsoPANos]

Pretty nice web design and prototype game.
Gonna give it a shot...

[PilotofBTC]

@ Investors, what do you guys think should I do to boost the traffic?

advertise on The gambling website or a contest to write an article on the blog / website 

Agreed, or advertise on faucet sites/networks as well.

[Quickseller]

@ Investors, what do you guys think should I do to boost the traffic?

advertise on The gambling website or a contest to write an article on the blog / website 

Agreed, or advertise on faucet sites/networks as well.

I don't think faucet sites are going to bring the kind of traffic that we are looking for, they will bring traffic from people looking to use the faucet which will only cut into our profits.

I would say that a signature campaign or forum advertising would likely be the most effective way to advertise.

[amiryaqot]

@ Investors, what do you guys think should I do to boost the traffic?

advertise on The gambling website or a contest to write an article on the blog / website 

Agreed, or advertise on faucet sites/networks as well.

I don't think faucet sites are going to bring the kind of traffic that we are looking for, they will bring traffic from people looking to use the faucet which will only cut into our profits.

I would say that a signature campaign or forum advertising would likely be the most effective way to advertise.

I also agreed with you advertise of faucet sites is not a good idea at all, in my opinion it will bring only faucet lickers and with lot of abuse so that is totally waste of time, forum advertising or signature campaign would bring effective result.

[bitllionaire]

Hey,can you tell me an easy way to invest?

[PilotofBTC]

@ Investors, what do you guys think should I do to boost the traffic?

advertise on The gambling website or a contest to write an article on the blog / website 

Agreed, or advertise on faucet sites/networks as well.

I don't think faucet sites are going to bring the kind of traffic that we are looking for, they will bring traffic from people looking to use the faucet which will only cut into our profits.

I would say that a signature campaign or forum advertising would likely be the most effective way to advertise.

See, my thought is that people that use faucets are pretty new to BTC and are probably looking for stuff to do with their BTC.

Also, Faucets are there for little more than to get advertising $s so I think you could get many eyes with not a lot of money.

If you think the faucet in the site is being abused, just change the rules.

[vennali]

@ Investors, what do you guys think should I do to boost the traffic?

Maybe get that to the front page of reddit , or /bitcoin on reddit.
That should be enough itself

https://i.imgur.com/HKzb8sj.jpg

[ranlo]

@ Investors, what do you guys think should I do to boost the traffic?

advertise on The gambling website or a contest to write an article on the blog / website  

Agreed, or advertise on faucet sites/networks as well.

I don't think faucet sites are going to bring the kind of traffic that we are looking for, they will bring traffic from people looking to use the faucet which will only cut into our profits.

I would say that a signature campaign or forum advertising would likely be the most effective way to advertise.

See, my thought is that people that use faucets are pretty new to BTC and are probably looking for stuff to do with their BTC.

Also, Faucets are there for little more than to get advertising $s so I think you could get many eyes with not a lot of money.

If you think the faucet in the site is being abused, just change the rules.

Most people using faucets have no interest in buying BTC, though, and will only ever use faucets. They're the same people that go into the gambling sites and constantly beg for free money.

[Quickseller]

I am on the "forum advertising" auction right now. Do you guys know who can design a good ad code?

It would probably be a good idea to open a thread in services soliciting forum ad codes.

You will probably also want to contact theymos to get the exact requirements for the forum ads as the requirements are somewhat additional to what is posted in the auction thread.

[goosoodude]

I am on the "forum advertising" auction right now. Do you guys know who can design a good ad code?

You can expand your advertising to the signature campaigns as well, along side forum auction advertisement. Maybe it would be the best idea to
try out both and compare results at certain time frames.

Medusa and rosinpl are first one that cross my mind when it comes to quality signature ads,
and maybe they can offer design for forum auction banners as well.

[katerniko1]

this pic is soo gooooooooooooooood haha i gotta admit this should be used more
its really nice to see  something like that in here
regards.
-Katerniko1

[FanEagle]

Woah, well, I'm still staring at the picture... sorry guys but boobs are boobs...
And moreover, I wanna hit the top too one day

[ranlo]

I put up an advert on a-ads and we got some nice traffic with some new highrollers

Pretty cool. Looking forward to the forum ad.

Also the TAF program is in the works, so then you can help me directly refer players

Wondering how this affected the site's profit so far this month (I guess over the past few days or week) for both NXT/BTC. Do you happen to have a guesstimate?

[manrus]

Any news?

[ranlo]

Any news?

I'm thinking we might see something in about a week, once the new month starts and all data from August is in.

[birdcat90]

Someone just won a serious martingale

this pictures look insane..

win around 600k bits? doesnt the profit is limited? i mean the max profit for every bet..

[ranlo]

Any update on last month's results? I followed in a spreadsheet for a couple weeks and saw a pretty decent profit.

[ranlo]

Any update on last month's results? I followed in a spreadsheet for a couple weeks and saw a pretty decent profit.

The site is up a bit this month, so tomorrow will be a dividend. I'll post the details then.

Great to hear! Thanks, . I'm looking forward to seeing!

[IamNotSure]

Any update on last month's results? I followed in a spreadsheet for a couple weeks and saw a pretty decent profit.

The site is up a bit this month, so tomorrow will be a dividend. I'll post the details then.

excellent news !

[Zackgeno96]

Someone just won a serious martingale

this pictures look insane..

win around 600k bits? doesnt the profit is limited? i mean the max profit for every bet..

Max profit is 4.76 BTC per bet. So 4760000 bits

i've been watching somone use martingale on bustabit for the last fewdays now he started at 0.514 btc when i started watching him and he's managed to make it all the way upto 2.292 btc! his username is https://www.bustabit.com/user/Kgsin  he had a fairly big losing streak at one point where he dropped from 1.5 btc all the way to 0.5 and somehow managed to get lucky enough to win it all back with his lucky ass martingale! like rate now he's on a big losing streak but will win it back watch over the course of the next 30mins! he will be above 2.35 haha

[Zackgeno96]

Someone just won a serious martingale

this pictures look insane..

win around 600k bits? doesnt the profit is limited? i mean the max profit for every bet..

Max profit is 4.76 BTC per bet. So 4760000 bits

i've been watching somone use martingale on bustabit for the last fewdays now he started at 0.514 btc when i started watching him and he's managed to make it all the way upto 2.292 btc! his username is https://www.bustabit.com/user/Kgsin  he had a fairly big losing streak at one point where he dropped from 1.5 btc all the way to 0.5 and somehow managed to get lucky enough to win it all back with his lucky ass martingale! like rate now he's on a big losing streak but will win it back watch over the course of the next 30mins! he will be above 2.35 haha

That is the cool thing about martingale, it works until it doesn't

it's managed to work for https://www.bustabit.com/user/Kgsin for over 350k games approaching 400k games! has anyone ever gone this long using the martingale system before? because 400k games using a martingale system that never failed yet is truly insane!

[ranlo]

Indeed, but if your expected "bust-time" is 2 weeks of constant playing, and you have a streak of good luck, you could increase that time until bust for months!

I ran multiple scenarios and all busted, lol. Even going as far as analyzing results of thousands of busts for information, but ran into a big losing streak (with a very low probability) that had never occurred before. That said, it was enough to quit trying to beat the system (after building up to 5x the original amount), :p.

[ranlo]

Indeed, but if your expected "bust-time" is 2 weeks of constant playing, and you have a streak of good luck, you could increase that time until bust for months!

I ran multiple scenarios and all busted, lol. Even going as far as analyzing results of thousands of busts for information, but ran into a big losing streak (with a very low probability) that had never occurred before. That said, it was enough to quit trying to beat the system (after building up to 5x the original amount), :p.

If one truly believes in the mathematics behind the game, then you know you can't longterm beat it. If you find an exploit though, you can milk the bank until infinitum

The interesting thing about gambling is that the variance is huuuuge, so if you play normally or risky, you can either lose very fast or win very big. Thats what I personally like about it.

I've been able to mathematically exploit a lot of sites to lower the house edge, but house edge, despite being smaller, still always wins long-term, . It's a big reason why I invest in the sites and just play smaller amounts (i.e., with TTM I started with 10 mBTC, built to 18, cashed out the original 10 and played the rest until I busted almost a week later).

[Quickseller]

Indeed, but if your expected "bust-time" is 2 weeks of constant playing, and you have a streak of good luck, you could increase that time until bust for months!

I ran multiple scenarios and all busted, lol. Even going as far as analyzing results of thousands of busts for information, but ran into a big losing streak (with a very low probability) that had never occurred before. That said, it was enough to quit trying to beat the system (after building up to 5x the original amount), :p.

If one truly believes in the mathematics behind the game, then you know you can't longterm beat it. If you find an exploit though, you can milk the bank until infinitum

The interesting thing about gambling is that the variance is huuuuge, so if you play normally or risky, you can either lose very fast or win very big. Thats what I personally like about it.

I've been able to mathematically exploit a lot of sites to lower the house edge, but house edge, despite being smaller, still always wins long-term, . It's a big reason why I invest in the sites and just play smaller amounts (i.e., with TTM I started with 10 mBTC, built to 18, cashed out the original 10 and played the rest until I busted almost a week later).

I believe the house edge is actually negative if you are able to always be the last to cash out and you make a similarly sized (or smaller) bet then the other players, neither of which is not an easy feat

[Quickseller]

Indeed, but if your expected "bust-time" is 2 weeks of constant playing, and you have a streak of good luck, you could increase that time until bust for months!

I ran multiple scenarios and all busted, lol. Even going as far as analyzing results of thousands of busts for information, but ran into a big losing streak (with a very low probability) that had never occurred before. That said, it was enough to quit trying to beat the system (after building up to 5x the original amount), :p.

If one truly believes in the mathematics behind the game, then you know you can't longterm beat it. If you find an exploit though, you can milk the bank until infinitum

The interesting thing about gambling is that the variance is huuuuge, so if you play normally or risky, you can either lose very fast or win very big. Thats what I personally like about it.

I've been able to mathematically exploit a lot of sites to lower the house edge, but house edge, despite being smaller, still always wins long-term, . It's a big reason why I invest in the sites and just play smaller amounts (i.e., with TTM I started with 10 mBTC, built to 18, cashed out the original 10 and played the rest until I busted almost a week later).

I believe the house edge is actually negative if you are able to always be the last to cash out and you make a similarly sized (or smaller) bet then the other players.

The houseedge is not affected by the bonus. You can "offset" the houseedge by stealing other players bonus parts though. The house basically doesn't care what players do against each other.

Yea, so for you, the effective house edge will be negative if you can get the bonus enough, but the house will overall have a positive edge for the bankroll across all players

[ranlo]

Second Dividend payout (07.09.2015)

Our Profit: 30119949 Bits
Free Bits distributed: 3242682 Bits (this is all the promotions and faucet)
Net Profit = 26877267 Bits
Watermark = 22168827 Bits
Net Gain = 4708440 Bits

Dividend = 60% * Net Gain = 2825064 Bits

Outstanding Assets = 147.28157118
Dividend per Asset = 2825064/147.28157118 = 19181 Bits = 1.91%

This dividend is paid in BTCBR assets, which corresponds to a full reinvestment. If you want to redeem for BTC, just send the asset back to the issuer account and add a BTC address in the message. Also notify me via PM, so that I don't miss it by any chance.

Code:

BTCBR (9515586733978661635) Total issued assets: 100000, Assets to be distributed to: 147.28157118
Summary of proposed distribution of 2.825064 [BTCBR] assets to 13 assetholders
Based on ownership at timestamp 56364402 (Mon, 07 Sep 2015 20:46:42 GMT)
Message included-->Dividend from asset BTCBR(9515586733978661635): 1.91% Dividend from BTCBR (tothemoon.me)
----------------------
Number of assets, Account, Payout amount
99.60639539, NXT-GJLQ-8K6D-7LQW-H4J2A, 1.91058827
22.08247431, NXT-H6GA-AJ44-AEFQ-4JDHG, 0.42357236
10.99724816, NXT-Y7CA-BCMT-CHTP-8UC6H, 0.21094241
5, NXT-NFWF-Q8QM-Y29Z-3MC7X, 0.09590691
2.09972482, NXT-9PFV-DW9D-V3KT-8ENZH, 0.04027562
2, NXT-S66Y-3ES6-X99G-GU53Y, 0.03836276
2, NXT-5BVL-FGRE-YS9V-42VW7, 0.03836276
1, NXT-5ZCV-KNGM-W5QK-HJ8FN, 0.01918138
1, NXT-6RKA-ZVFL-VBS6-7D2EP, 0.01918138
0.87977985, NXT-L6NJ-M2F5-QVHJ-6ZHSA, 0.01687539
0.54986241, NXT-K3QP-HVGS-7KR6-FV7QK, 0.01054712
0.05498624, NXT-38EL-VBC8-XAC8-7YG7K, 0.00105471
0.0111, NXT-8CBP-XQAH-J47K-GNQPB, 0.00021291

Third Commission Payment (07.09.2015)
Our Profit: 30119949 Bits
Free Bits distributed: 3242682 Bits (this is all the promotions and faucet)
Net Profit = 26877267 Bits
Watermark = 22168827 Bits
Net Gain = 4708440 Bits

Commission (40%) = 1883376 Bits

First Dividend payout (02.08.2015)

Our Profit: 24520304 Bits
Free Bits distributed: 2351477 Bits (this is all the promotions and faucet)
Net Profit = 22168827 Bits

Dividend = 60% * Net Profit = 13301296 Bits

Outstanding Assets = 133.38
Dividend per Asset = 13301296/133.38 = 99724 Bits = 9.97%

This dividend is paid in BTCBR assets, which corresponds to a full reinvestment. If you want to redeem for BTC, just send the asset back to the issuer account and add a BTC address in the message. Also notify me via PM, so that I don't miss it by any chance.

Code:

BTCBR (9515586733978661635) Total issued assets: 100000, Assets to be distributed to: 133.38
Summary of proposed distribution of 13.301296 [BTCBR] assets to 8 assetholders
Based on ownership at timestamp 53255988 (Sun, 02 Aug 2015 21:19:48 GMT)
Message included-->Dividend from asset BTCBR(9515586733978661635): Dividend from btc.tothemoon.me. 9.97% or 0.099724 BTCBR/asset
----------------------
Number of assets, Account, Payout amount
99.95, NXT-GJLQ-8K6D-7LQW-H4J2A, 9.96749539
20.08, NXT-H6GA-AJ44-AEFQ-4JDHG, 2.00247431
10, NXT-Y7CA-BCMT-CHTP-8UC6H, 0.99724816
1, NXT-6RKA-ZVFL-VBS6-7D2EP, 0.09972482
1, NXT-9PFV-DW9D-V3KT-8ENZH, 0.09972482
0.8, NXT-L6NJ-M2F5-QVHJ-6ZHSA, 0.07977985
0.5, NXT-K3QP-HVGS-7KR6-FV7QK, 0.04986241
0.05, NXT-38EL-VBC8-XAC8-7YG7K, 0.00498624

Second Commission Payment (02.08.2015)
Our Profit: 24520304 Bits
Free Bits distributed: 2351477 Bits (this is all the promotions and faucet)
Net Profit = 22168827 Bits
High watermark from last commission = 18197181 Bits
New Profit = 3971646

Commission (40%) = 1588658.4 Bits

Not too bad! Was hoping for more but at least there's a div. payment instead of a house loss, .

[shmoula]

What about Bankroll (16159458497017130222) holders?

[ranlo]

What about Bankroll (16159458497017130222) holders?

The NXT tothemoon site has won a big amount but is still not recovered enough to reach the watermark (amount of last dividend). So it the site wins >90k this month, there will be a dividend again too.

Regards

What's the actual watermark for that (so that we can follow it as the month goes along and see when/if it boosts above)?

[ranlo]

What about Bankroll (16159458497017130222) holders?

The NXT tothemoon site has won a big amount but is still not recovered enough to reach the watermark (amount of last dividend). So it the site wins >90k this month, there will be a dividend again too.

Regards

What's the actual watermark for that (so that we can follow it as the month goes along and see when/if it boosts above)?

422000 NXT+ the free NXT disctributed amount. So about 515000 NXT right now.

Regards

Awesome, thanks!

Any chance of having a /stats page update, to show like... "Profit this month (after faucet distribution)?" This would be a lot easier to track. I do things a bit in a spreadsheet just to keep up, but it would really cut down on a lot of work and help show investors where we stand on a monthly basis instead of having to run manual calculations each time.

[IamNotSure]

Any chance of having a /stats page update, to show like... "Profit this month (after faucet distribution)?" This would be a lot easier to track. I do things a bit in a spreadsheet just to keep up, but it would really cut down on a lot of work and help show investors where we stand on a monthly basis instead of having to run manual calculations each time.

+1

Being able to track the current month earnings on both stats pages would be a real +

[Quickseller]

Is there any update as to when this month's dividend payment will be made? Yesterday was the first Sunday of the month.

[PilotofBTC]

Is there any update as to when this month's dividend payment will be made? Yesterday was the first Sunday of the month.

As always its the first sunday. The problem is my ISP has major problems with my internet connection. So I hope to finish this tonight or latest tomorrow when internet is back on. (Can't do it on mobile)

What are the BTC and NXT dividend percentages please?

[ranlo]

Well, the site lost 0.6 BTC since my last post, which makes the dividend redundant....

If the site wins back some until tomorrow, I will pay then.

That sucks. I have a question, too, about how one would go about divesting when it's time... I know that we send the assets back to you, but how is the refund calculated? Is one asset always worth 1 BTC?

[ranlo]

Well, the site lost 0.6 BTC since my last post, which makes the dividend redundant....

If the site wins back some until tomorrow, I will pay then.

That sucks. I have a question, too, about how one would go about divesting when it's time... I know that we send the assets back to you, but how is the refund calculated? Is one asset always worth 1 BTC?

After the dividend, yes exactly 1 to 1.

If you need it on another date the NAV will be calculated

Ahh, cool. Thanks for the response! That helps explain it, too. Haven't dealt with non-atomic bankrolls before, .

Hopefully this month goes well!

[ranlo]

Well, the site lost 0.6 BTC since my last post, which makes the dividend redundant....

If the site wins back some until tomorrow, I will pay then.

That sucks. I have a question, too, about how one would go about divesting when it's time... I know that we send the assets back to you, but how is the refund calculated? Is one asset always worth 1 BTC?

After the dividend, yes exactly 1 to 1.

If you need it on another date the NAV will be calculated

Ahh, cool. Thanks for the response! That helps explain it, too. Haven't dealt with non-atomic bankrolls before, .

Hopefully this month goes well!

This month went very well actually, at times we were down 55 BTC from the peak.

Wow. I guess it is good that we're around break even then, =p

[chennan]

So what was everyones profit from this site so far? If I were to put in 1 BTC what would I get back within a month? Just curious, it seems like a pretty cool way to increase your BTC's.

[ranlo]

So what was everyones profit from this site so far? If I were to put in 1 BTC what would I get back within a month? Just curious, it seems like a pretty cool way to increase your BTC's.

0.019 BTC in two months so far. But nobody knows the future.

[ranlo]

Site lost 15 BTC since yesterday. Most went to StrongMan77 and a bit to kamsrk123

What's the current watermark for the NXT and BTC sites (like when we look at /stats, what does the (profit-faucet) need to be at before they start going into investor profit?

[ranlo]

NXT: 510,000
BTC: 32 BTC

roughly, am on mobile

Thanks! Going to start a tracking document just for personal reference, .

[nicklovesBTC]

Really enjoy the neat rocket ship graphics here Would be cool to see a whole bunch of different animations for this site and could think of a few good ones myself! Maybe you should have a contest for an animation here sometime, that would be fun especially if a prize for winning was in order (as well as being featured on the site)

[hua_hui]

Site lost 15 BTC since yesterday. Most went to StrongMan77 and a bit to kamsrk123

well that really sux, but hope it can cover up fast within this month so can have some dividend.

[steveds]

why does this game looks like an exact copy of bustabit ?
or bustabit has changed its name again,again... ?

[ranlo]

why does this game looks like an exact copy of bustabit ?
or bustabit has changed its name again,again... ?

Because it's based on Bustabit?

[Chemistry1988]

why does this game looks like an exact copy of bustabit ?
or bustabit has changed its name again,again... ?

Bustabit is open source (source can be found on https://github.com/moneypot/bustabit-webserver). Anyone can freely run or fork it as long as they follow the license (IIRC, AGPLv3).

[ranlo]

why does this game looks like an exact copy of bustabit ?
or bustabit has changed its name again,again... ?

Bustabit is open source (source can be found on https://github.com/moneypot/bustabit-webserver). Anyone can freely run or fork it as long as they follow the license (IIRC, AGPLv3).

Thank you for answering.

Also I am in regular contact with the Admin of Bustabit, and asked him before i forked his project. So everything is cool!

Wasn't aware you had asked Ryan prior (open source means you really didn't have to) but he's an awesome guy. I like him, . And it looks like the clone doesn't steal his players or anything, so it's a win-win.

[nicklovesBTC]

Does anyone else think the alternate design contest idea was good or am I alone on this one? I think it would be great to see all the different user's ideas for the sites "rocket" animation maybe hold a monthly contest to decide what this months animation will be. If anything it'll keep users coming back just outta curiousity win - win

[ranlo]

Does anyone else think the alternate design contest idea was good or am I alone on this one? I think it would be great to see all the different user's ideas for the sites "rocket" animation maybe hold a monthly contest to decide what this months animation will be. If anything it'll keep users coming back just outta curiousity win - win

I like the idea just for different looks, though to me, it's not that big of a deal. I can live with or without it.

[ranlo]

If someone wants to watch, we have now three whales playing on the site. Unfortunately we are down quite a bit, but the best action in weeks!

I think I already missed it. BTW, it'd help to tell which site you're talking about, .

[Quickseller]

If someone wants to watch, we have now three whales playing on the site. Unfortunately we are down quite a bit, but the best action in weeks!

I think I already missed it. BTW, it'd help to tell which site you're talking about, .

BTC.tothemoon.me

As of ~5 minutes ago there were three whales all engaging in some kind of martingale strategy with a fairly high cash out. They were each playing 1,000+ bits on each roll.

[ranlo]

This thread is basically BTC only, I post in the other thread if its about NXT.

Ahh, got you. And just to confirm, when you gave the watermark, that's including the faucet, correct? Like is this formula the right one to use?

CurrentProfit - FreeBits - WaterMark = Dividend

If so, we're down almost 20 BTC,

[ranlo]

Netprofit watermark is 26BTC ~

so 20 current profit - 6.4 BTC in free bits = 13.6 BTC.

12.4 BTC below watermark.

Ahhh, got you. Thanks, . That feels a lot better.

[ranlo]

We are nearly in profit zone now :O

Good! Let's get it up so we can get dividends next month, .

[blackmachinegun]

We are nearly in profit zone now :O

bad news fo players, let's hit on 100x !! 

[Google+]

Minimal invest 1BTC , are you not interested  open invest min 0.1 BTC 

[ranlo]

Minimal invest 1BTC , are you not interested  open invest min 0.1 BTC 

There's no reason to lower it, and that makes a lot of hassle all-around.

[Alvin Fahriza]

Minimal invest 1BTC , are you not interested  open invest min 0.1 BTC 

Minimal invest 1btc is so far so good,also there have site you can invest there,example bitdice.me is min invest is 0.1 btc.

[ranlo]

Minimal invest 1BTC , are you not interested  open invest min 0.1 BTC 

Minimal invest 1btc is so far so good,also there have site you can invest there,example bitdice.me is min invest is 0.1 btc.

There's also sites with no minimum investment. But that has nothing to do with TTM.

[apriyani420]

2 whales kill the site right now, if someone wants to watch money being burned

are there any statistics on how much did they want? i would be really curious to see how much did you loose because of them

[vendetahome]

2 whales kill the site right now, if someone wants to watch money being burned

oh wow thats insane i hope it wont have any negative effect on your game though congratulations for big winners

[ranlo]

2 whales kill the site right now, if someone wants to watch money being burned

are there any statistics on how much did they want? i would be really curious to see how much did you loose because of them

Go to the site and click on Leaderboard. There you can see the top winners

Wow, just checked stats. They tanked profit down to 7 BTC, o.o. Let's hope they lose it now, .

[ranlo]

Again big action. 3 whales.

I think I missed them. Hopefully they feed us this time,

[ranlo]

Again big action. 3 whales.

I think I missed them. Hopefully they feed us this time,

Still playing

Ah, I saw the bettor at 2k per bet... didn't see the others. In any case, just keep refreshing the /stats page every 10m or so, watching profit drop and drop, XD. One day, though! House edge will prevail!

[ranlo]

Site was taken offline because of an exploit in the deposit mechanism. Investigating now.

Shit.

Was it abused or reported when someone found it?

[hiddensphinx]

Site was taken offline because of an exploit in the deposit mechanism. Investigating now.

Shit.

Was it abused or reported when someone found it?

Hacker tooks funds from hot wallet from what I can gather 

[Quickseller]

Site was taken offline because of an exploit in the deposit mechanism. Investigating now.

Shit.

Was it abused or reported when someone found it?

Hacker tooks funds from hot wallet from what I can gather 

3Keyzw8EVC7dzhGAWCvrQ2JSTnKcxgSunh is the hotwallet address and there is currently ~1.11BTC in the hot wallet.

Unless there is another hot wallet address somewhere, it does not appear that there were large losses.

Actually, it looks like ~1.8 BTC was withdrawn to Cubits.com, but I am not sure if twin is affiliated with that site or not.

[yurinov]

nice site, i like how you made asset on nxt, much more security for  member

[ranlo]

Site was taken offline because of an exploit in the deposit mechanism. Investigating now.

Shit.

Was it abused or reported when someone found it?

Hacker tooks funds from hot wallet from what I can gather 

Where were you getting info from? I was actually out all day and saw his post while I was out so past that, I'm in the dark.

[hopenotlate]

May someone please address me to historical site data?
I mean wagered, profit, invested, investor profit ..and so on.

Are them available somewhere ?

[FanEagle]

How can allow themselves to do such things?
People, don't use exploits to gain money, send a ticket and get rewarded!

[Quickseller]

I'll post an update tomorrow. Just to clear things up quickly: The hacker stole Bitcoin from the Hotwallet by depositing non-existing BTC. I analysed all the player deposits and no player had any such fake deposits. This only happend on the BTC site, so NXT site is completely unaffected anyway.

How were they able to deposit fake BTC? Is this something that would be easily fixable?

[ranlo]

I'll post an update tomorrow. Just to clear things up quickly: The hacker stole Bitcoin from the Hotwallet by depositing non-existing BTC. I analysed all the player deposits and no player had any such fake deposits. This only happend on the BTC site, so NXT site is completely unaffected anyway.

How were they able to deposit fake BTC? Is this something that would be easily fixable?

Yeah, I'm not following this either. TTM waits for confirmations, so if the network has confirmed them, they should be good (aka not fake). Plus if no accounts had the deposits, how were they able to withdraw? .

[FanEagle]

Wow, just wow, unbelievable that they still do this kind of actions.

[ranlo]

I'll post an update tomorrow. Just to clear things up quickly: The hacker stole Bitcoin from the Hotwallet by depositing non-existing BTC. I analysed all the player deposits and no player had any such fake deposits. This only happend on the BTC site, so NXT site is completely unaffected anyway.

How were they able to deposit fake BTC? Is this something that would be easily fixable?

Yeah, I'm not following this either. TTM waits for confirmations, so if the network has confirmed them, they should be good (aka not fake). Plus if no accounts had the deposits, how were they able to withdraw? .

Short version: we used block.io as a callback provider. Someone bruteforced the deposit password and our system trusted this source (should have double checked)

Really interesting stuff! I wouldn't even know where to start when exploiting things like that. As irritated as I get when people do hacks like this, there's also a certain level of respect I have for their ability to find loopholes and such.

That said, I wish they'd leave TTM (and my investments!) alone, :p.

[HCLivess]

I dont want to sound malicious, but I'm grateful the NXT is not affected.

[ranlo]

Is there any update to this situation yet? Especially regarding how it affects investors to both sites?

[Quickseller]

The site will not go up in the next few days, if at all. So please PM me if you had funds on the site. For the investors: I will calculate the NAV and process all withdrawals starting from saturday when I am back at home.

That is too bad. ToTheMoon was a really fun game and I think it had a lot of potential.

Do you have an estimate of the losses from the hacker and the losses from the whales that took the site profile down a bit?

Can you publish the txid's of the withdrawals that were based on fake deposits?

[ranlo]

The site will not go up in the next few days, if at all. So please PM me if you had funds on the site. For the investors: I will calculate the NAV and process all withdrawals starting from saturday when I am back at home.

Is there any update to this situation yet? Especially regarding how it affects investors to both sites?

Investors will be refunded at the NAV, and I will eat the losses from the hack. I don't think I have the time and resources to keep the site running for now. especially considering the possibility of another hack.

PM sent! Hopefully the NAV is looking good, .

Are you taking down the NXT one as well, or just the BTC?

[Quickseller]

The site will not go up in the next few days, if at all. So please PM me if you had funds on the site. For the investors: I will calculate the NAV and process all withdrawals starting from saturday when I am back at home.

That is too bad. ToTheMoon was a really fun game and I think it had a lot of potential.

Do you have an estimate of the losses from the hacker and the losses from the whales that took the site profile down a bit?

Can you publish the txid's of the withdrawals that were based on fake deposits?

I lost about 30-35 BTC to the hacker.

The profit of the site was at 5.627116 BTC with 7.507149 BTC in free bits distributed.
THe profit of the nxt site was -175907.39 NXT and 115754.02 NXT in free NXT distributed.

Is the 5.627 site profit reflective of the losses due to the hacker?

Do you know what the total bankroll was?

[Quickseller]

If someone wants to have the address of the hacker, he moved all funds into one wallet (presumable a tumbler): https://blockchain.info/address/3DeXWvsJgbwUf1G8ocqLeotjUz7azK7Eh8

That is a Cubits.com deposit address, and it appears to be some kind of exchange. If he has used that address for other purposes, then more information may be able to be figured out about him. It might be helpful to contact cuebits.com to see if they can provide any information on the person behind that deposit address

[Mediator]

The site will not go up in the next few days, if at all. So please PM me if you had funds on the site. For the investors: I will calculate the NAV and process all withdrawals starting from saturday when I am back at home.

That is too bad. ToTheMoon was a really fun game and I think it had a lot of potential.

Do you have an estimate of the losses from the hacker and the losses from the whales that took the site profile down a bit?

Can you publish the txid's of the withdrawals that were based on fake deposits?

I lost about 30-35 BTC to the hacker.

The profit of the site was at 5.627116 BTC with 7.507149 BTC in free bits distributed.
THe profit of the nxt site was -175907.39 NXT and 115754.02 NXT in free NXT distributed.

Wow The bad news for investors! then how  bitcoin your investors whether they will lose bitcoin and you will shut this website ?

[Quickseller]

If someone wants to have the address of the hacker, he moved all funds into one wallet (presumable a tumbler): https://blockchain.info/address/3DeXWvsJgbwUf1G8ocqLeotjUz7azK7Eh8

That is a Cubits.com deposit address, and it appears to be some kind of exchange. If he has used that address for other purposes, then more information may be able to be figured out about him. It might be helpful to contact cuebits.com to see if they can provide any information on the person behind that deposit address

How did you gather that its a cubits address?

https://www.walletexplorer.com/address/3DeXWvsJgbwUf1G8ocqLeotjUz7azK7Eh8

Walletexplorer.com is a very useful website/tool to analyze the blockchain

[ranlo]

I wrote the company.

I hope they are willing to help deal with this problem. I know in the past a few pools were nice enough to reject transactions that were related to scammers (and while I disagree with centralization, I think having a way to police ourselves is paramount).

[ndnh]

If someone wants to have the address of the hacker, he moved all funds into one wallet (presumable a tumbler): https://blockchain.info/address/3DeXWvsJgbwUf1G8ocqLeotjUz7azK7Eh8

That is a Cubits.com deposit address, and it appears to be some kind of exchange. If he has used that address for other purposes, then more information may be able to be figured out about him. It might be helpful to contact cuebits.com to see if they can provide any information on the person behind that deposit address

If it indeed an address of Cubits (all cubits addresses does indeed start with a 3), you might be able to track what happened to the bitcoins at least for a while if you successfully contact all those sites the hacker used to well.. tumble the bitcoins.

It is a payment gateway, and AFAIK it is used in many sites and I believe even is some casinos etc. The hacker then sent it to a cubits address of say a site like betchain, got transferred to the merchant site, and the hacker most probably withdrew from the merchant site (to another site with an anonymous account?).


Edit: This guy has been doing this from 2015-09-29

How exactly did this happen? Isn't it possible to know whether there is some problem by simple tallying everything (deposits - total player lost [faucet, bonus, rake, wins,..] - withdrawal = player balance on site  and  checking balances in all addresses of the site tallies with what it should be - which is more important.)? Or do a weekly audit or something?

I lost about 30-35 BTC to the hacker.

why is it an estimate?

[ranlo]

If someone wants to have the address of the hacker, he moved all funds into one wallet (presumable a tumbler): https://blockchain.info/address/3DeXWvsJgbwUf1G8ocqLeotjUz7azK7Eh8

That is a Cubits.com deposit address, and it appears to be some kind of exchange. If he has used that address for other purposes, then more information may be able to be figured out about him. It might be helpful to contact cuebits.com to see if they can provide any information on the person behind that deposit address

If it indeed an address of Cubits (all cubits addresses does indeed start with a 3), you might be able to track what happened to the bitcoins at least for a while if you successfully contact all those sites the hacker used to well.. tumble the bitcoins.

It is a payment gateway, and AFAIK it is used in many sites and I believe even is some casinos etc. The hacker then sent it to a cubits address of say a site like betchain, got transferred to the merchant site, and the hacker most probably withdrew from the merchant site (to another site with an anonymous account?).


Edit: This guy has been doing this from 2015-09-29

How exactly did this happen? Isn't it possible to know whether there is some problem by simple tallying everything (deposits - total player lost [faucet, bonus, rake, wins,..] - withdrawal = player balance on site  and  checking balances in all addresses of the site tallies with what it should be - which is more important.)? Or do a weekly audit or something?

I lost about 30-35 BTC to the hacker.

why is it an estimate?

Bit-X also starts with a 3. That said, if it's not Cubits, try Bit-X and see if they can shed any light, .

[ranlo]

NAV calculations of the BTC and NXT game and the instructions on how to redeem:



Please redeem your BTC within 4 weeks.

PS: if you had funds as a player on the site, please PM me if you haven't yet.

Just liquidated my NXT ones and sent you back the BTC ones.

[PilotofBTC]

NAV calculations of the BTC and NXT game and the instructions on how to redeem:



Please redeem your BTC within 4 weeks.

PS: if you had funds as a player on the site, please PM me if you haven't yet.

Just liquidated my NXT ones and sent you back the BTC ones.

Processed all BTC withdrawals too now.

Got mine. Sad this happened. sigh.

[Quickseller]

I received my BTC as well. febd47c14ffe925ccad872f123acb48dec988747cb2a95b60f64d84fe93a9e30

[ranlo]

NAV calculations of the BTC and NXT game and the instructions on how to redeem:



Please redeem your BTC within 4 weeks.

PS: if you had funds as a player on the site, please PM me if you haven't yet.

Just liquidated my NXT ones and sent you back the BTC ones.

Processed all BTC withdrawals too now.

Confirmed! Thanks, .

[hopenotlate]

Really disappointed after reading what happened, this really sucks; that's the main reason for which most people look with suspicion at bitcoin: "skilled" people manage to steal funds to other. Really sad.

On the other hand hats off for people like TwinWinNerD: spent money, time and energy in his project and, despite shit happened, is honouring all his commitments.
 
Hope Cubits (or whatever service the thief used) administrators will do everything is in theuir possibility to help him having his funds back and to reveal the identity of the thief.

[shadyryder]

Just received my bankroll from Twin. Really top guy refunding his players after getting over screwed over so bad, good luck with finding the scumbag hacker bud.

If you end up starting the site up again let me know I will be one of the first on! 

[155UE]

just pm the OP but my balance there still not received -_-

[155UE]

just pm the OP but my balance there still not received -_-

I will get access to the DB tonight again. Don't worry

okay no problem

[ranlo]

Just received my bankroll from Twin. Really top guy refunding his players after getting over screwed over so bad, good luck with finding the scumbag hacker bud.

If you end up starting the site up again let me know I will be one of the first on!  

+1 to this. Have there been any updates in regards to finding more information on who did this yet?