Casinobit - LIVE ROULETTE - [INVEST] - BEST CASINO OF 2013

[pedrog]

PR skill are not bad but paying skill is another mater. Even with the best PR skill in the world he will only get flamed until he pay.

Even if he does pays out owed money, i don't think anybody will play on his site anymore.

Actually, if he can pull this one, he proves he has the means to keep the business running no matter what.

It isn't a matter of greed, it's that we're among the few casinos that work in the creative mindset and try to deliver a fun experience for the players rather than recycling and rebranding another dice script for nothing but financial gain. If anything we are the least about greed than any other casino which I know of.

Sorry for the delays with the payment, 45,000$ isn't exactly a small amount of money.

It's alive!!!

I have no actual interest in this site, and maybe if I were hoping to get btc back I might respond something like this guy..   You can't really belive that this is going to work out well?

really? Really?? REALLY???

I haven't lost anything and I have no particular beliefs on how this situation is going to end...

[01BTC10]

PR skill are not bad but paying skill is another mater. Even with the best PR skill in the world he will only get flamed until he pay.

Even if he does pays out owed money, i don't think anybody will play on his site anymore.

There is still players playing sometime and don't underestimate greed.  

It isn't a matter of greed, it's that we're among the few casinos that work in the creative mindset and try to deliver a fun experience for the players rather than recycling and rebranding another dice script for nothing but financial gain. If anything we are the least about greed than any other casino which I know of.

Sorry for the delays with the payment, 45,000$ isn't exactly a small amount of money.

When I wrote about greed, I was referring to players and investors that will keep playing if you ever pay back. I will be the first to leave about 80% of my actual investment; unless, it gets eventually too much diluted.

[fat%]

PR skill are not bad but paying skill is another mater. Even with the best PR skill in the world he will only get flamed until he pay.

Even if he does pays out owed money, i don't think anybody will play on his site anymore.

There is still players playing sometime and don't underestimate greed. 

It isn't a matter of greed, it's that we're among the few casinos that work in the creative mindset and try to deliver a fun experience for the players rather than recycling and rebranding another dice script for nothing but financial gain. If anything we are the least about greed than any other casino which I know of.

Sorry for the delays with the payment, 45,000$ isn't exactly a small amount of money.

Sell the site, leave the country and never talk about that incident again.

[elm]

[/quote]
Sell the site, leave the country and never talk about that incident again.
[/quote]

what is the price? maybe if this site will change the owner it could come back to life

[fat%]

what is the price? maybe if this site will change the owner it could come back to life

Well, I guess sum of unpaid gambling winnings and sum of investor's holdings.

[elm]

what is the price? maybe if this site will change the owner it could come back to life

Well, I guess sum of unpaid gambling winnings and sum of investor's holdings.

thanks for the guess  but maybe the owner can give a number if it is for sale

[fat%]

what is the price? maybe if this site will change the owner it could come back to life

Well, I guess sum of unpaid gambling winnings and sum of investor's holdings.

thanks for the guess  but maybe the owner can give a number if it is for sale

Sorry for the delays with the payment, 45,000$ isn't exactly a small amount of money.

[elm]

Sorry for the delays with the payment, 45,000$ isn't exactly a small amount of money.

[/quote]

but as I understand is that he owes 45k and this is not the price he would like to sell. and maybe it is  much less worth than the 45k, who knows? only the owner knows this.

[fat%]

Sorry for the delays with the payment, 45,000$ isn't exactly a small amount of money.

but as I understand is that he owes 45k and this is not the price he would like to sell. and maybe it is  much less worth than the 45k, who knows? only the owner knows this.

Demanding a higher price than what he owes is just plain greed. I think his main intention is to get out of this situation by all means (and to break even of course) and the easiest way would be to just sell this crapload of a casino.

[Allaboutbit]

Sorry for the delays with the payment, 45,000$ isn't exactly a small amount of money.

but as I understand is that he owes 45k and this is not the price he would like to sell. and maybe it is  much less worth than the 45k, who knows? only the owner knows this.

Demanding a higher price than what he owes is just plain greed. I think his main intention is to get out of this situation by all means (and to break even of course) and the easiest way would be to just sell this crapload of a casino.

Who in there right mind would pay 45k for this casino? You can have something better built for less than 2k. Remember the new owner would still need to bankroll the bank as well. Don't really see selling it as a viable option. Your talking for close to a 100k investment to buy the site.

[elm]

Sorry for the delays with the payment, 45,000$ isn't exactly a small amount of money.

but as I understand is that he owes 45k and this is not the price he would like to sell. and maybe it is  much less worth than the 45k, who knows? only the owner knows this.

Demanding a higher price than what he owes is just plain greed. I think his main intention is to get out of this situation by all means (and to break even of course) and the easiest way would be to just sell this crapload of a casino.

Who in there right mind would pay 45k for this casino? You can have something better built for less than 2k. Remember the new owner would still need to bankroll the bank as well. Don't really see selling it as a viable option. Your talking for close to a 100k investment to buy the site.

thank You for jumping in. this makes a lot of sense what You are saying. but for 2k an online casino? could You give an example?
to tell You the truth until now I didnt understand where the 45k are coming from. could some on explain please? would be very much appreciated.

[knowitnothing]

Sorry for the delays with the payment, 45,000$ isn't exactly a small amount of money.

but as I understand is that he owes 45k and this is not the price he would like to sell. and maybe it is  much less worth than the 45k, who knows? only the owner knows this.

Demanding a higher price than what he owes is just plain greed. I think his main intention is to get out of this situation by all means (and to break even of course) and the easiest way would be to just sell this crapload of a casino.

Who in there right mind would pay 45k for this casino? You can have something better built for less than 2k. Remember the new owner would still need to bankroll the bank as well. Don't really see selling it as a viable option. Your talking for close to a 100k investment to buy the site.

to tell You the truth until now I didnt understand where the 45k are coming from. could some on explain please? would be very much appreciated.

Suppose people have invested 375 bitcoins in total at this site. At an average of $ 120 per Bitcoin, that gives you the 45k. The 45k could also include deposits from players that won and didn't receive their bitcoins. Simple as that.

[elm]

[/quote]

Suppose people have invested 375 bitcoins in total at this site. At an average of $ 120 per Bitcoin, that gives you the 45k. The 45k could also include deposits from players that won and didn't receive their bitcoins. Simple as that.
[/quote]

could be, therefore I said that the owner is the only one who knows it. easy as that 

why would people invest in an online casino without any security or they could have put it at least on escrow. it could well be that I didnt understand the investment system here

[Allaboutbit]

Sorry for the delays with the payment, 45,000$ isn't exactly a small amount of money.

but as I understand is that he owes 45k and this is not the price he would like to sell. and maybe it is  much less worth than the 45k, who knows? only the owner knows this.

Demanding a higher price than what he owes is just plain greed. I think his main intention is to get out of this situation by all means (and to break even of course) and the easiest way would be to just sell this crapload of a casino.

Who in there right mind would pay 45k for this casino? You can have something better built for less than 2k. Remember the new owner would still need to bankroll the bank as well. Don't really see selling it as a viable option. Your talking for close to a 100k investment to buy the site.

thank You for jumping in. this makes a lot of sense what You are saying. but for 2k an online casino? could You give an example?
to tell You the truth until now I didnt understand where the 45k are coming from. could some on explain please? would be very much appreciated.

He's only offering 1 game (roulette) & the feed, layout & bet screen is coming from a service provider which charges a monthly fee. Do a simple google search for companies that offer casino software & you will see for 1 game, 2k is a high price. The coding on the site is very basic, all the coins are held on blockchain wallets. Not much to the site at all. The only big capital outlay is the bankroll for the house. The owner of the site was clueless when it comes to simple math & didn't work out proper calculations for investing in the sites bankroll. Anybody with a 6th grade education & 10 minutes to spare can easily figure out the proper calculation for investors shares of the site bankroll & correct payouts.

[btcsql]

scammers owes me .1 btc

[elm]

Sorry for the delays with the payment, 45,000$ isn't exactly a small amount of money.

but as I understand is that he owes 45k and this is not the price he would like to sell. and maybe it is  much less worth than the 45k, who knows? only the owner knows this.

Demanding a higher price than what he owes is just plain greed. I think his main intention is to get out of this situation by all means (and to break even of course) and the easiest way would be to just sell this crapload of a casino.

Who in there right mind would pay 45k for this casino? You can have something better built for less than 2k. Remember the new owner would still need to bankroll the bank as well. Don't really see selling it as a viable option. Your talking for close to a 100k investment to buy the site.

thank You for jumping in. this makes a lot of sense what You are saying. but for 2k an online casino? could You give an example?
to tell You the truth until now I didnt understand where the 45k are coming from. could some on explain please? would be very much appreciated.

He's only offering 1 game (roulette) & the feed, layout & bet screen is coming from a service provider which charges a monthly fee. Do a simple google search for companies that offer casino software & you will see for 1 game, 2k is a high price. The coding on the site is very basic, all the coins are held on blockchain wallets. Not much to the site at all. The only big capital outlay is the bankroll for the house. The owner of the site was clueless when it comes to simple math & didn't work out proper calculations for investing in the sites bankroll. Anybody with a 6th grade education & 10 minutes to spare can easily figure out the proper calculation for investors shares of the site bankroll & correct payouts.

You could  be right but I dont think that he leased it for a monthly fee. maybe for a share of net win. but thats still a cheap way as You mentioned before.
do You know what the owners mistake was (math wise)? and I am not sure that every 6th grader will work out the right figures. even if he made a mistake in his math like you are saying I think the investors would accept the new calculation to get less interest.

[elm]

scammers owes me .1 btc

are You one of the investors?

[dooglus]

[You know what the owners mistake was (math wise)? and I am not sure that every 6th grader will work out the right figures. even if he made a mistake in his math like you are saying I think the investors would accept the new calculation to get less interest.

I think the error was failing to recalculate each investor's percentage of the bankroll when new investment came in.

As a simple example.  Suppose there were only 2 investors, you and me.  We both put in 100 BTC.  The bankroll is 200 BTC and we each own 50% of it.  Then a new investor comes along and puts in another 100 BTC.  We should now all own 33% of the bankroll, but I think the software was keeping the percentages at 50%.  So you could withdraw 50% of the new bankroll, or 150 BTC, and so could I.  That would leave the bankroll empty, and the new investor would be out of luck if he also tried to withdraw.

I may be wrong.  The site's owner hasn't released any information about why he no longer has the funds available that people trusted him with, so we can't be sure what really went on.

[elm]

[You know what the owners mistake was (math wise)? and I am not sure that every 6th grader will work out the right figures. even if he made a mistake in his math like you are saying I think the investors would accept the new calculation to get less interest.

I think the error was failing to recalculate each investor's percentage of the bankroll when new investment came in.

As a simple example.  Suppose there were only 2 investors, you and me.  We both put in 100 BTC.  The bankroll is 200 BTC and we each own 50% of it.  Then a new investor comes along and puts in another 100 BTC.  We should now all own 33% of the bankroll, but I think the software was keeping the percentages at 50%.  So you could withdraw 50% of the new bankroll, or 150 BTC, and so could I.  That would leave the bankroll empty, and the new investor would be out of luck if he also tried to withdraw.

I may be wrong.  The site's owner hasn't released any information about why he no longer has the funds available that people trusted him with, so we can't be sure what really went on.

did any investor had a chance to withdraw his money?

do You want to say that if the casino owner would pay out the investors that it would be a good business for the owner?

[g83]

scammers owes me .1 btc

lol - i have more than 40 BTC in there and can't withdraw