Bitcoin Forum
December 15, 2017, 10:42:00 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 »
  Print  
Author Topic: [ANN]★vDice Ethereum Blockchain Gambling★ || [ProfitContainer is Deployed]  (Read 76920 times)
MonsterV
Legendary
*
Offline Offline

Activity: 980



View Profile
November 03, 2016, 12:57:33 PM
 #121

I also just noticed this thread yesterday. I was a bit sleepy but it did caught my attention. I like betting and investing in it as what I am currently doing. So this is a perfect opportunity for bettors and investors. Currently there are only few betting sites that accept investors so vDice is giving another room for people to join a unique betting site.

As I said before, most transactions cryptocurrency used in gambling Vdice.io will take part of it
perhaps this will provide an opportunity for investors so let's see this project I'll still be here  Smiley

1513377720
Hero Member
*
Offline Offline

Posts: 1513377720

View Profile Personal Message (Offline)

Ignore
1513377720
Reply with quote  #2

1513377720
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513377720
Hero Member
*
Offline Offline

Posts: 1513377720

View Profile Personal Message (Offline)

Ignore
1513377720
Reply with quote  #2

1513377720
Report to moderator
RHavar
Legendary
*
Offline Offline

Activity: 1162


head of customer success @ bustabit


View Profile WWW
November 03, 2016, 03:21:45 PM
 #122

Sorry to be an ass and repost this from another thread, but considering you are asking for a considerable amount of investor money, I think it's prudent to not dodge my technical concerns:


I don't understand. You're saying you trust centralized more than decentralized   Huh

We respectfully disagree. That's why we love blockchain.
That's why we made the world's 1st FULLY decentralized gambling platform.

There are technical arguments we both can make.
But I think people in Bitcoin forum understand why decentralization is important.

wth? If this is your serious reply, I'm starting to suspect another ICO scam coin. My concerns are laid out pretty straight forward:

* random.org  can cheat (by picking any number they want)
* cloudflare can cheat (by signing any number they want)
* oraclize can cheat, by calling random.org as many times as they want and picking the result they most like (or reusing results?)


And not only can they cheat, they can undetectable do so.  And you dodge the question with "You're saying you trust centralized more than decentralized   Huh"

which is beside the point, and I believe nonsense as you're calling centralized services. It's like call "untitled dice" decentralized, as it's a serverless gambling app -- but the reality is it uses a centralized service (moneypot). Same with yours, you might not need to run a server, but random.org, cloudflare and oraclize all need to.

bustabit.com :: The social bitcoin gambling site
Lauda
Legendary
*
Offline Offline

Activity: 1694


GUNBOT Licenses -20% with ref. code 'GrumpyKitty'


View Profile WWW
November 03, 2016, 03:28:32 PM
 #123

wth? If this is your serious reply, I'm starting to suspect another ICO scam coin.
I wouldn't jump to conclusions just because of a singular post, however I did read their answer earlier today and it did strike me as bit odd. They have no addressed a single thing laid out by you.

My concerns are laid out pretty straight forward:

* random.org  can cheat (by picking any number they want)
* cloudflare can cheat (by signing any number they want)
* oraclize can cheat, by calling random.org as many times as they want and picking the result they most like (or reusing results?)
Maybe you could post some references regarding how those services are exactly involved for those looking at this from the outside. I don't see either one of those cheating (maybe oraclize), but claiming *fully decentralized* would be wrong in that case.


          ▄▄█████▌▐█████▄▄
       ▄█████████▌    ▀▀▀███▄
     ▄███████████▌  ▄▄▄▄   ▀██▄
   ▄█████████████▌  ▀▄▄▀     ▀██▄
  ▐██████████████▌  ▄▄▄▄       ▀█▌
 ▐███████████████▌             ▀█▌
 ████████████████▌  ▀▀▀█         ██
▐████████████████▌  ▄▄▄▄         ██▌
▐████████████████▌  ▀  ▀         ██▌
 ████████████████▌  █▀▀█         ██
 ▐███████████████▌  ▀▀▀▀        ▄█▌
  ▐██████████████▌  ▀▀▀▀       ▄█▌
   ▀█████████████▌  ▀▀█▀     ▄██▀
     ▀███████████▌  ▀▀▀▀   ▄██▀
       ▀█████████▌    ▄▄▄███▀
          ▀▀█████▌▐█████▀▀
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
      ▄▄▄
 ▄▄█████████▄▄
  ▀▀▀▀▀▀▀▀▀▀▀
   █▌▐█ █▌▐█
   █▌▐█ █▌▐█
 ▄███████████▄
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄






▄█████████████▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
███████████████
██▀▀█▀▀████████
▀█████████████▀
ToucheCoin
Full Member
***
Offline Offline

Activity: 121



View Profile
November 03, 2016, 03:40:57 PM
 #124

I also think the decision to put it in this section is because this project is on Gambling and you find more people in this section that are interested in Betting and Gambling, I have not seen any gambling or betting related topic in Alternative section
Really you can't see any?then i have to say you're a blind man.RBIES and the scam LIR(Let It Ride) are also a gambling related coin.But the topic is still in the ANN board.I don't want to show you the thread link because most of the people already know about this 2 coins which are a gambling coin.
RHavar
Legendary
*
Offline Offline

Activity: 1162


head of customer success @ bustabit


View Profile WWW
November 03, 2016, 03:43:32 PM
 #125

Maybe you could post some references regarding how those services are exactly involved for those looking at this from the outside. I don't see either one of those cheating (maybe oraclize), but claiming *fully decentralized* would be wrong in that case.

To be honest, I'm not very familiar with ethereum and its scripting. I just went through the contracts on etherscan.io and took educated guesses and googled for things. After spending a bit more time, I actually /think/ cloudflare might not be able to cheat, because the results appear to be signed from random.org (but I have trouble finding/checking  the code which verifies the signature, does it even exist?). My reading of the logic is that the TLS signature from cloudflare is checked, not the random.org signature, which if so, would allow cloudflare to cheat. But I very well might be wrong, as I said I'm not that familiar with this sort of thing

I don't really mean to accuse them of anything, they're just some concerns i have by reading their code. It'd be nice if they address the issue instead of side stepping it calling it "fully decentralized" which it obviously isn't. If you use a centralized service (oraclized), to call a centralized service (random.org) through a centralized service (cloudflare) done with a decentralized service (ethereum) it doesn't magically become fully decentralized.

bustabit.com :: The social bitcoin gambling site
irfan_pak10
Legendary
*
Offline Offline

Activity: 1232


Need Bounty Campaign Manager goo.gl/yAe168


View Profile WWW
November 03, 2016, 05:20:31 PM
 #126

Here are some updated about news








███
█████
██████
████████
████████
████████
███████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████
████████████████████████████████████████
████████████████████████████████████████
████████████████████████████████████████
████████████████████████████████████████
█████████████████████████████████████
███████████████████████████████████
████████████████████████████████
.
|
.
|
.
.
|
mybitcoin101
Sr. Member
****
Offline Offline

Activity: 364


View Profile
November 04, 2016, 01:47:15 AM
 #127

I also think the decision to put it in this section is because this project is on Gambling and you find more people in this section that are interested in Betting and Gambling, I have not seen any gambling or betting related topic in Alternative section
Really you can't see any?then i have to say you're a blind man.RBIES and the scam LIR(Let It Ride) are also a gambling related coin.But the topic is still in the ANN board.I don't want to show you the thread link because most of the people already know about this 2 coins which are a gambling coin.

do not compare rbies to any of those scam coins. plus, if you open your eyes you will know there are a lot of gambling sites on a blockchain...keep learning son.

vdice...i have no opinion yet except that vidalikhisballs looks like a freak on the site.
mybitcoin101
Sr. Member
****
Offline Offline

Activity: 364


View Profile
November 04, 2016, 01:49:28 AM
 #128

Sorry to be an ass and repost this from another thread, but considering you are asking for a considerable amount of investor money, I think it's prudent to not dodge my technical concerns:


I don't understand. You're saying you trust centralized more than decentralized   Huh

We respectfully disagree. That's why we love blockchain.
That's why we made the world's 1st FULLY decentralized gambling platform.

There are technical arguments we both can make.
But I think people in Bitcoin forum understand why decentralization is important.

wth? If this is your serious reply, I'm starting to suspect another ICO scam coin. My concerns are laid out pretty straight forward:

* random.org  can cheat (by picking any number they want)
* cloudflare can cheat (by signing any number they want)
* oraclize can cheat, by calling random.org as many times as they want and picking the result they most like (or reusing results?)


And not only can they cheat, they can undetectable do so.  And you dodge the question with "You're saying you trust centralized more than decentralized   Huh"

which is beside the point, and I believe nonsense as you're calling centralized services. It's like call "untitled dice" decentralized, as it's a serverless gambling app -- but the reality is it uses a centralized service (moneypot). Same with yours, you might not need to run a server, but random.org, cloudflare and oraclize all need to.


rhaver, you claim cheating is easy. go and cheat, drain the account and show us proof
Lauda
Legendary
*
Offline Offline

Activity: 1694


GUNBOT Licenses -20% with ref. code 'GrumpyKitty'


View Profile WWW
November 04, 2016, 05:59:47 AM
 #129

To be honest, I'm not very familiar with ethereum and its scripting.
Neither am I, that's why I'm eager to hear the developers address what you have to say.

rhaver, you claim cheating is easy. go and cheat, drain the account and show us proof
No, that does not seem the case. Rhaver is concerned that cheating is possible by several entities. When someone has concerns regarding the project, one naturally expects the developers to address these when possible.


          ▄▄█████▌▐█████▄▄
       ▄█████████▌    ▀▀▀███▄
     ▄███████████▌  ▄▄▄▄   ▀██▄
   ▄█████████████▌  ▀▄▄▀     ▀██▄
  ▐██████████████▌  ▄▄▄▄       ▀█▌
 ▐███████████████▌             ▀█▌
 ████████████████▌  ▀▀▀█         ██
▐████████████████▌  ▄▄▄▄         ██▌
▐████████████████▌  ▀  ▀         ██▌
 ████████████████▌  █▀▀█         ██
 ▐███████████████▌  ▀▀▀▀        ▄█▌
  ▐██████████████▌  ▀▀▀▀       ▄█▌
   ▀█████████████▌  ▀▀█▀     ▄██▀
     ▀███████████▌  ▀▀▀▀   ▄██▀
       ▀█████████▌    ▄▄▄███▀
          ▀▀█████▌▐█████▀▀
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
      ▄▄▄
 ▄▄█████████▄▄
  ▀▀▀▀▀▀▀▀▀▀▀
   █▌▐█ █▌▐█
   █▌▐█ █▌▐█
 ▄███████████▄
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄






▄█████████████▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
███████████████
██▀▀█▀▀████████
▀█████████████▀
adamgud
Hero Member
*****
Offline Offline

Activity: 728


THINK IT, BUILD IT, PLAY IT! --- CHIMAERA


View Profile
November 04, 2016, 08:32:04 AM
 #130

 Seems perfect project. I put a signature, joined to the twitter campaign. And we'll see ... maybe in the ICO would not hurt to take part. Waiting start crowdsale November 15th.

██████████████████            ██████████
████████████████              ██████████
██████████████          ▄█   ███████████
████████████         ▄████   ███████████
██████████        ▄███████  ████████████
████████        ▄█████████  ████████████
██████        ▄███████████  ████████████
████       ▄██████████████ █████████████
██      ▄███████████████████████████████
▀        ███████████████████████████████
▄          █████████████████████████████
██▄         ▀███████████████████████████
████▄        ▀██████████████████████████
██████▄        ▀████████████████████████
████████▄        ████████████████▀ █████
██████████▄       ▀█████████████  ██████
████████████▄       ██████████   ███████
██████████████▄      ▀██████    ████████
████████████████▄▄     ███     █████████
███████████████████▄    ▀     ██████████
█████████████████████▄       ███████████
███████████████████████▄   ▄████████████





▄█████████████████   ███             ███   ███   ███▄                ▄███            █████            ████████████████   ████████████████▄             █████
███▀                 ███             ███   ███   ████▄              ▄████           ███████           ███                ███           ▀███           ███████
███                  ███             ███   ███   █████▄            ▄█████          ███▀ ▀███          ███                ███            ███          ███▀ ▀███
███                  ███             ███   ███   ███ ███▄        ▄███ ███        ▄███▀   ▀███▄        ███                ███           ▄███        ▄███▀   ▀███▄
███                  ███████████████████   ███   ███  ▀██▄      ▄██▀  ███       ▄███▀     ▀███▄       ████████████████   ████████████████▀        ▄███▀     ▀███▄
███                  ███             ███   ███   ███   ▀███    ███▀   ███      ▄███▀       ▀███▄      ███                ███        ███          ▄███▀       ▀███▄
███                  ███             ███   ███   ███    ▀███  ███▀    ███     ▄███▀         ▀███▄     ███                ███         ███        ▄███▀         ▀███▄
███▄                 ███             ███   ███   ███      ██████      ███    ▄███             ███▄    ███                ███          ███      ▄███             ███▄
▀█████████████████   ███             ███   ███   ███       ████       ███   ▄███               ███▄   ████████████████   ███           ███    ▄███               ███▄

|
  TRUE BLOCKCHAIN GAMING PLATFORM 
DECENTRALISED AUTONOMOUS UNIVERSES

  HOME PAGE                                                                  WHITE PAPER 
|
vdice_io
Full Member
***
Offline Offline

Activity: 238


View Profile
November 04, 2016, 08:40:59 AM
 #131

Maybe you could post some references regarding how those services are exactly involved for those looking at this from the outside. I don't see either one of those cheating (maybe oraclize), but claiming *fully decentralized* would be wrong in that case.

To be honest, I'm not very familiar with ethereum and its scripting. I just went through the contracts on etherscan.io and took educated guesses and googled for things. After spending a bit more time, I actually /think/ cloudflare might not be able to cheat, because the results appear to be signed from random.org (but I have trouble finding/checking  the code which verifies the signature, does it even exist?). My reading of the logic is that the TLS signature from cloudflare is checked, not the random.org signature, which if so, would allow cloudflare to cheat. But I very well might be wrong, as I said I'm not that familiar with this sort of thing

I don't really mean to accuse them of anything, they're just some concerns i have by reading their code. It'd be nice if they address the issue instead of side stepping it calling it "fully decentralized" which it obviously isn't. If you use a centralized service (oraclized), to call a centralized service (random.org) through a centralized service (cloudflare) done with a decentralized service (ethereum) it doesn't magically become fully decentralized.


The game works and the code is well tested. You can review it. It's all public.
There is no need to be aggressive and start making wild, unfounded accusations. Let’s keep it civil please!

We have some of the finest developers in Ethereum on our team.
Our coders and game are live, working and can be verified. We are obviously legitimate.

Now, I have no idea why you are posting the same questions, over and over, in EVERY forum.  Huh

Requesting to kindly keep this just one forum.
It's really annoying to have to go and paste the same answer over and over again.

Anyway, these concerns are addressed in our 3rd Party Audit by Peter Vessenes.
You can read that here: https://blog.vdice.io/wp-content/uploads/2016/10/vdice_game_code_audit_october_2016.pdf

For his credentials as an auditor you can google him or go to his security blog: http://vessenes.com

That is on our website. Along with all other documentation.

As an addendum to the audit, in relation to Oraclize and Replay issue (which I am guessing you allude to):

The very reason why the authenticated JSON-RPC APIs of random.org are used, is because of the "requestsLeft" field which is returned by each API call response ( https://api.random.org/json-rpc/1/signing ). This field content is tied to the API credentials specified in the query and is there to indicate how many requests are left in a given day.

If we check all the TLSNotary proofs published on the blockchain (which contain the whole API response!), an independent auditor can verify whether any subsequent number in the "requestsLeft" fields is missing - when that happens, the auditor has a good indicator that something wrong happened (either on the Oraclize side - which sent more requests than expected - or by any external party knowing that specific API key (vDice itself & random.org)). Of course this doesn't say much about the intent in itself (can just be some failure in the HTTP request, which had to be sent again), but in general it provides some level of security against replay attacks.  


Otherwise, perhaps you are suggesting the oracle might have requested random numbers until a matching one >shows up? In which case:

Random.org JSON responses have a consecutive ID, so if we dropped some to advange ourselves in the game, by checking all of the bets and their respective responses it would be evident: at the end of the day, there would be some JSON responses missing, i.e ID 1, 2,3.. 5,6 present but 4 missing.

Further information on TLS notary:

With TLS notary (by the author of it in IRC), the third party has to keep the data to prevent the source from manipulating their data and making it seem as though your captured data is actually not authentic. In other words, a lying "I never said that!" from the webhost people.

It actually is secure because it is like when you browse to a HTTPS secure site, you are able to see provably that they are X company (if you inspect the certificates). TLS Notary is essentially able to record those bytes in such a way that you can play them back later so you can authenticate the bytes again! Very ingenious. (But the math of how it does this in the whitepaper goes above my head. https://tlsnotary.org/TLSNotary.pdf)

the notary server used at the moment is the default tlsnotarygroup1 notary - which is an "AWS oracle", as described here. So there is nobody having access to the secret, as you can easily verify indipendently by following these instructions and giving a look at the actual code for the pagesigner-oracles.

There are some great videos explaining this further. Here is one:
https://www.youtube.com/watch?v=b4ukd4I8S9A

I could go on forever about this. But, as I said before, it is an issue of centralization v decentralization.

vDice is fully decentralized in that there is no server architecture. There are 3rd party providers that do run some server architecture. But they are not part of vDice directly. They just give it what it needs. So, vDice is still serverless.
vdice_io
Full Member
***
Offline Offline

Activity: 238


View Profile
November 04, 2016, 08:42:59 AM
 #132

Hacked.com Feature Piece on vDice is Live!

https://hacked.com/vdice-io-the-worlds-first-full-decentralized-gambling-platform-ethereum-or-blockchain-tech/

vDice.io, launched in June as the 1st FULLY decentralized gambling game.

Running on the first programmable P2P network, vDice will host a crowdsale from Nov. 15 - Dec. 15.
In exchange for Ether (ETH), investors will receive “vSlice” tokens, each of which is directly tied to the profits of the game.

The “vSlice” token will regularly distribute profits of the vDice game to token holders.

mybitcoin101
Sr. Member
****
Offline Offline

Activity: 364


View Profile
November 04, 2016, 10:46:33 AM
 #133

 

rhaver, you claim cheating is easy. go and cheat, drain the account and show us proof
No, that does not seem the case. Rhaver is concerned that cheating is possible by several entities. When someone has concerns regarding the project, one naturally expects the developers to address these when possible.
[/quote]

good point. i stand to be corrected
V1saya
Sr. Member
****
Offline Offline

Activity: 448


GET IN - Smart Ticket Protocol - Live in market!


View Profile
November 04, 2016, 12:52:15 PM
 #134

Hello vDice are we also planning to put faucet in the site?


               ████
             ███  ███
           ████     ███
         ███  ███    ███
       ████     ███    ███
     ███  ███     ███    ███
   ████     ███     ███   ██
 ███  ███     █████████████████
███     ███     ███           ██
 ███      ███     ██          ██
   ███      ██████████      ███
     ███      ██████      ███
       ███      ██      ███
         ███          ███
           ███      ███
             ███  ███
               ████

GUTS
    ███
███
███
███
███
███
███
███
███
███
███
███
███
███
   
smart-ticket protocol for events
live product with market traction!
    ███
███
███
███
███
███
███
███
███
███
███
███
███
███
   
  BTC ANN
  WEBSITE
  BLOG
   
  SANDBOX
  WHITEPAPER
  BOUNTY
   
tair85
Legendary
*
Offline Offline

Activity: 826



View Profile
November 04, 2016, 01:29:19 PM
 #135

Watched with interest the rapid development of the project, enjoy the game as the theme always attracts a lot of money.

    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄   
   ████████████████████████████████   
     ▀██████████████████████████▀     
        ▀████████████████████▀       
          ████████████████▀         
            █████████████           
            ▀████████████▀           
             ▀██████████▀             
              ██████████             
               ████████               
               ▀██████▀               
                ██████               
                  ▀                   
.
.trade.io.
██████
██████
███
███
███
███
███
███
███
███
███
██████
██████

▄██████████████████▄
███       ▀███████
███       █████████
███       █████████
███       █████████
███              ██
███   ▄▄▄▄▄▄▄▄   ███
███   ▄▄▄▄▄▄▄▄   ███
███              ███
███▄▄▄▄▄▄▄▄▄▄▄▄▄▄███
██████████████████▀

▄██████████████████▄
███████████▀ ███████
█████████▀   ███████
███████▀     ██▀ ███
███ ▀▀       █▄▄████
███          █▀▀▀▀██
███ ▄▄       ███████
██████▄     █▄ ▀███
█████████▄   ███▄███
███████████▄ ███████
▀██████████████████▀

▄██████████████████▄
████████████████████
███████████████▀▀ ██
█████████▀▀     ███
████▀▀     ▄█▀   ███
███▄    ▄██      ███
█████████▀      ▄██
█████████▄     ████
█████████████▄ ▄████
████████████████████
▀██████████████████▀
██████
██████
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
██████
██████
.
.Join the Trading Revolution.
vdice_io
Full Member
***
Offline Offline

Activity: 238


View Profile
November 04, 2016, 01:42:16 PM
 #136



rhaver, you claim cheating is easy. go and cheat, drain the account and show us proof
No, that does not seem the case. Rhaver is concerned that cheating is possible by several entities. When someone has concerns regarding the project, one naturally expects the developers to address these when possible.

good point. i stand to be corrected
[/quote]

Sure. I believe we've done that...Standing by to be of further assistance.
CasioK
Hero Member
*****
Offline Offline

Activity: 826


View Profile
November 04, 2016, 06:39:31 PM
 #137

Hello vDice are we also planning to put faucet in the site?
Faucet in a dice site is almost a mandatory thing. I think Devs must consider adding a faucet.
I believe, the faucet will be implemented and it will be in Ethereum or maybe in vDice token also if possible. Lets wait for Devs confirming any progress on this.

INVALID BBCODE: close of unopened tag in table (1)
johhnyUA
Hero Member
*****
Offline Offline

Activity: 700


Crypto for the Crypto Throne!


View Profile
November 04, 2016, 07:09:46 PM
 #138

Lol. Gyus have maked have already does this dice platform. And they making ICO. For what?
This is my question.
Oh f*ck. I foresee that in near future every bullsh*t startup will make ICO.


P.S: But, it's really good that already exist real prototype of project
AcoinL.L.C
Legendary
*
Offline Offline

Activity: 1050



View Profile
November 04, 2016, 07:16:22 PM
 #139

Right now all I see is a site that has under 7k total bets (for example, MoneyPot does 50-100 bets a second on average), and hasn't had a single bet placed in several hours. They do not have a customer base. Yet they are trying to raise an absurd amount of money. It's a complete money grab. Maybe they turn out to not be a scam, maybe not. This is just like LIR though, where either way you lose. You either buy in at valuation thats so high you have no floor and very short ceiling, or they run with your cash.

60MM tokens = 600k ETH valuation = nearly 9500 BTC (or $6.5MM). Obscene. Even more obscene is your "breakdown" of what funds are for. How does legal compliance take up 23% of 9500 BTC? That is beyond ridiculous and it sounds like you are putting down random numbers. And why is so much allocated for salaries? If you have developers on your team (which you should have) you should not need a whopping ~3700 BTC allotted for development on top of salaries.

I love that you also reference the sale of SatoshiDice, which is possibly the worst crypto deal ever seen (Hint: The people that purchased the site will never get close to their money back), and was made back in the heyday of Bitcoin. You are also using today's prices instead of the Bitcoin price back then (which would cut the valuation down significantly).

To top it off, your graphics on the forum post and on your crowdraise page actually look a lot like LIR. Funny world.


Note: This was reposted from https://bitcointalk.org/index.php?topic=1669908.msg16776999#msg16776999
AcoinL.L.C
Legendary
*
Offline Offline

Activity: 1050



View Profile
November 04, 2016, 07:17:20 PM
 #140

Also stop advertising you have handled a meager 10k bets. You have not. Your own site counter has it at 6708.
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!