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Author Topic: [ANN]★vDice Ethereum Blockchain Gambling★  (Read 77072 times)
samcoin
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November 15, 2016, 02:40:50 PM
 #221

I can't watch how many Ethereum have been raised on the website, where I can check the invested amount of Ethereum and other Crypto coins.

Update  : ETH Balance:    103,422.640024445 Ether ($1,034,226.40)
A pretty good start for an ICO I hope this will continue to increase until the total funds needed is reached
Good job team

Based on the this number: 103,422 × 130 = 13,444,860 tokens were sold, very good beginning.

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November 15, 2016, 03:50:34 PM
 #222

Over $1 million dollars in less than 24 hours, Well done to Vdice team, I will like to know the maximum cap for this project

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November 15, 2016, 04:32:00 PM
 #223

I can't watch how many Ethereum have been raised on the website, where I can check the invested amount of Ethereum and other Crypto coins.

Update  : ETH Balance:    103,422.640024445 Ether ($1,034,226.40)
A pretty good start for an ICO I hope this will continue to increase until the total funds needed is reached
Good job team

Based on the this number: 103,422 × 130 = 13,444,860 tokens were sold, very good beginning.


You can track here:
https://etherchain.org/account/0x8bCCc9BA2E5706E24a36ddA02ca2A846E39a7bbF#txreceived

We'll see about integrating a tracker into the UI of the website.

Thanks.
Really a good start for vdice.First day funding is over $1M and still counting.

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November 15, 2016, 05:33:22 PM
 #224

I can't watch how many Ethereum have been raised on the website, where I can check the invested amount of Ethereum and other Crypto coins.

Update  : ETH Balance:    103,422.640024445 Ether ($1,034,226.40)
A pretty good start for an ICO I hope this will continue to increase until the total funds needed is reached
Good job team

Based on the this number: 103,422 × 130 = 13,444,860 tokens were sold, very good beginning.


How many days do you guys think it will needed to reach the tokens cap?

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November 15, 2016, 05:37:02 PM
 #225



Well done to everyone involve in Vdice project, I hope this is just the beginning of good things
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November 15, 2016, 05:48:23 PM
 #226

I'm assuming you can only use ETH to buy and not BTC?

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November 15, 2016, 05:51:28 PM
 #227

I'm assuming you can only use ETH to buy and not BTC?

Nevermind. Saw that you can use BTC too.

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November 15, 2016, 06:38:24 PM
 #228

Hello everyone! Support please my post https://steemit.com/news/@acidsun/vdice-azarinaya-igra-na-osnove-etherium-ico-aktiven

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November 15, 2016, 11:47:54 PM
 #229

dont fuckin buy in and go away.
learn business...yes, this ico will bring major revenue to the vdice gambling site due to exposure only...
fuckin trolls

Nah, I'm gonna stay here and try to keep scumbags from preying on the more gullible or less experienced.

Also lol @ major revenue. 

Fun Fact: Prime-Dice has an ave of 5.4 million bets per day.  At vDices current rate that would take them ~303 years.

PS: vdice is not provably fair or decentralized

Why should the amount of bets grow linear? This calculation makes no sense.
Its an speculative investement and like always you can be sure it is working. You are right with that but its nothing special in crypto  Grin
I'm just trying to point out how ridiculously few bets have been made in 5+ months.

They compare themselves to satoshi-dice all the time, maybe this one will make more sense to you:

It took satoshi dice 4 months to hit bet # 1,000,000

it took vdice 5 months to his bet # 7,000

That's because it's super slow, buggy and complicated.  Try it for yourself if you don't believe me.

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November 16, 2016, 12:08:09 AM
 #230

Don't be stupid people. They didn't receive $1m+ in investments.

http://gastracker.io/addr/0x8bCCc9BA2E5706E24a36ddA02ca2A846E39a7bbF


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November 16, 2016, 12:45:34 AM
 #231

cherry pick much?

When did I claim to be a blockchain expert?



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November 16, 2016, 12:47:28 AM
 #232

Don't be stupid people. They didn't receive $1m+ in investments.

http://gastracker.io/addr/0x8bCCc9BA2E5706E24a36ddA02ca2A846E39a7bbF



they already received more than $1M Investment
ETH Balance:   130,836.191189244 Ether ($1,337,145.87)

for it you can see it from etherscan here for the link https://etherscan.io/address/0x8bCCc9BA2E5706E24a36ddA02ca2A846E39a7bbF

and i just see the ss it says "Address 0x8bccc9ba2e on Ethereum Classic" so its not an eth blockchain its etc blockchain -_-
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November 16, 2016, 01:04:30 AM
 #233

7 days to go I'm too excited to start investing in ICO.

Hope you don't invest much. This is even worse than LIR and GBT. Which were both terrible investments as well (and left their investors with a nice.. 100% loss).
Well, it is true that previous gambling related coins were disaster. Both Let It Ride and GameBet Coin are now basically worthless.
But that doesn't mean that we can't have serious and successful gambling related coin.
I would personally wait for the first/second week of crowdsale and measure interest in vDice before I make up my mind about investing.
And if you have any doubts about this or any other projects. Don't invest.

I was the first one to call out both LIR and GBT as scams I got significant flak for it.

Deciding to invest in something based on how many other people invest in it, is a new level of stupidity. Follow the herd off a cliff if you want.


This is an atrocious investment, and this will be my last post on the matter. There is a reason several people (incl BustaBit and BitDice owners in addition to myself) that are actually in the crypto gaming industry have called this out as junk. At the valuation they are trying to raise capital at, you will never make a dime (and that is assuming they are legitimate and not running off with cash).
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November 16, 2016, 01:55:13 AM
 #234

How the minimum target of this ico, with this great early result, Could it plan a huge target for this?

Good result and be the best vslice. I will invest some soon.  Wink

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November 16, 2016, 02:00:14 AM
 #235

There are two distinct sides to the crypto casino industry, imo.  

On one side we have transparent, provably fair sites like prime-dice, just-dice, bustabit, betking, moneypot apps. etc...

Then there's sites that are extremely non-transparent in many ways and have been proven to be dishonest or offer fraudulent games  countless times like fortunejack, betcoin, all the softswiss and coingaming sites, etc.

I'm just a player, but I call out many sites in the second group.  They like to say things like this:

He is known everywhere for lies.

Also, they post misleading screenshots to make fear.
I've heard many stories now from the industry.

He's just a troll.

which group does vdice.io fit into?

PS: I may have been wrong about the evidence showing relay attack warning - I've admitted I'm not too familiar with ethereum, but I'm still confident that vdice did not receive over 1m worth of investing since their business model doesn't make sense, they are constantly telling lies to appear successful, they don't seem to understand the concept of provably fair or decentralization and the result is they have 7k total bets in 5 months.  Anyone who thinks otherwise likely hasn't bothered trying to actually use the site.  There's 0 chance players are going to give anywheere near the ammount of action as other dice sites.  Even if they wanted to they couldn't!  The whole thing reeks of scam, and every one of you sig campaign members are partially responsible - remember that.

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November 16, 2016, 03:18:25 AM
 #236

Don't be stupid people. They didn't receive $1m+ in investments.

http://gastracker.io/addr/0x8bCCc9BA2E5706E24a36ddA02ca2A846E39a7bbF


From the looks of it, vDice has in fact received approximately 137,700 ETH into what appears to be their address for receiving ETH for the ICO. Anyone should be able to verify this by looking up the balance of the ETH address 0x8bCCc9BA2E5706E24a36ddA02ca2A846E39a7bbF on any block explorer, I used etherscan, which shows roughly the above amount of ETH received and no ETH sent. This does not mean however that all/most of this ETH did not originate from the devs of this site. The fact that what appears to be an etherum developer is also a dev of this site likely will make it difficult to make any kind of blockchain connection proving that the devs are the ones "investing" in the ICO. I personally would not be surprised if most of what has been invested so far is from people connected to the devs, considering just how bad of a deal this ICO is for investors.

I noticed that many people have asked why they are raising money if they are already profitable. The answer to this question is to allow them to grow faster. Raising money (via an ICO, or otherwise) when profitable, is not by itself an indication of a scam/fraud.

Being that it appears that vDice appears to fund their own bankroll, at the end of the day, the only thing that will allow investors to profit is bankroll profits. Based on the fact that your largest max bet is roughly $28, I suspect that your bankroll is currently very small. Based on the fact that less then 40% of funds raised will go to anything remotely related to your bankroll, your investors will start deep in the hole -- your bankroll will need to more then double in size via gambling profits before your investors will even break even! If a potential investor were to decide to instead to invest in the bankroll of a bitcoin (or etherum, or anything else) based gambling site, then they could immidiately divest and receive their entire investment back (plus/minus any gambling gains/losses) immidiately.

Smart contracts are fun and all, however vDice is not decentralized, nor provably fair to your players as pointed out by RHaver here. Additionally, it looks like it would be impossible to detect if you were covertly cheating your bankroll, so your investors will need to trust you, however from what I can tell, you do not presently have this trust -- the possibility of a gambling site cheating their investors exists for all gambling sites, and there is no known solution to this problem.

There is also the issue that vDice is misrepresenting (pg 4, header 2, par 2) that they are "fully decentralized" when in fact this is not the case (ref).

If anyone is considering to invest in this ICO, I would recommend that you look elsewhere to invest your money. 

3PjXm2XYDKLV5mN3oiKzNTyVvSkqP3ujeq <-- tipping address Advertise here
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November 16, 2016, 04:12:12 AM
 #237

He is known everywhere for lies.

Also, they post misleading screenshots to make fear.
I've heard many stories now from the industry.

He's just a troll.

TwitchySeal's screenshot was clearly parody, it's not fair to keep accusing of him of it being misleading/fake. (I do think he went a bit overboard on the whole doxing thing though). I also searched his post history, and could find him making no mention of him claiming to be a blockchain expert (like you claimed) but actually found him saying the exact opposite.


So anyway, it seems like you're the only one here making shit up. I've left your trust page another two examples of that.
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November 16, 2016, 04:29:39 AM
 #238

From the looks of it, vDice has in fact received approximately 137,700 ETH into what appears to be their address for receiving ETH for the ICO. Anyone should be able to verify this by looking up the balance of the ETH address 0x8bCCc9BA2E5706E24a36ddA02ca2A846E39a7bbF on any block explorer, I used etherscan, which shows roughly the above amount of ETH received and no ETH sent. This does not mean however that all/most of this ETH did not originate from the devs of this site. The fact that what appears to be an etherum developer is also a dev of this site likely will make it difficult to make any kind of blockchain connection proving that the devs are the ones "investing" in the ICO. I personally would not be surprised if most of what has been invested so far is from people connected to the devs, considering just how bad of a deal this ICO is for investors.

I think the amount raised is probably legitimate. Here's my thought process:

If the devs had this sort of money themselves, they would've put it into their own site bankroll. But maybe not. There's perhaps a logical reason that they might not want to do that, (AFAICT) the bankroll itself has no protection from a malicious orclize or random.org. And on top their counter party risk, there's always the looming threat of bugs (that exist in all sites, not just vdice). So it's quite understandable to not risk too much bankrolling it.

So if they had that sort of money, but didn't want to put it in their bankroll, the logical thing to do be inflate the profits to make it more attractive for investors. However, if you look at the "total amount won" over the sites history, that's 877 ETH. That should correspond to roughly ~17 ETH profit for the site (they have a 1.9% house edge). Less than a couple hundred bucks.

So if the invested amount is shill-money, it would mean they're a) bad actors and b) have a lot of money. So they logically should've massively bumped up the sites profit, to make it look a lot more profitable than it is.

So my conclusion is that they're probably legitimate investors. I'm guessing there are some unsavvy investors who didn't bother to fact check the site claims and put a little too much money on it, hoping it'd be the next big thing.
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November 16, 2016, 04:52:21 AM
 #239

Congratulations on the launch!
Where can I see how many tokens have already sold?

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November 16, 2016, 08:19:52 AM
 #240


Very nice progress so far although it seems like big part of the investment is raised from one account ( around 60 ether) I'll take my time until the spread will get better and invest than

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.SEMUX
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  Semux uses 100% original codebase
  Superfast with 30 seconds instant finality
  Tested 5000 tx per block on open network
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