I feel like I have to do the right thing and voice my opinion here as well. The bitcoin community must protect itself and act as our own guarddogs in the wake of personal accountability and regulation. Personally I don't like gambling and what it tends to do with people but I do respect that some people enjoy it and I want everyone to continue to do so without getting scammed. So without further ado:
Some people may have seen Satoshipokers public listing:
https://bitcointalk.org/index.php?topic=312764.0Within it and after there has been aired a lot of concern and accusations of unethical behavior. The most alarming, which for the record is my own personal opinion is the fact that satoshipoker is broke and may not have the funds to cover player balances.
Here are all of the issues I've noted myself while going through the IPO:1. OP does not mention within the listing that the actual plan is to sell the majority or all the stocks in the near future.
2. OP claims that he has been ID verified, while the listing shows that he is only email verified.
3. OP claims that sathosipoker generates 2.5-4 bitcoins a day in rake, while refusing to document this.
4. OP claims that he has personally invested more than 100k, which does not make sense.
5. OP claims that he has registered a company under his name in Holland, but does not provide any documentation.
6. A couple of days after the listing OP artificially adjusted the "players online" number with about x 100.
7. OP says that the only way they can get players is by stealing them from other sites.
8. OP is allowing someone to play and tweak their bot without interference.
9. OP sponsored some "pro players" who made several accusation and left.
10. Op refers to "our tech team", which makes no sense as they don't own the software license and when it comes to the website, here is how that was handled:
http://www.freelancer.com/projects/PHP-Website-Design/Front-end-developper-for-satoshipoker.html 11. In another thread from July OP admits that satoshipoker does not have the funds to pay for basic forum marketing upfront:
https://bitcointalk.org/index.php?topic=24976712. In the same thread OP claims that satoshi has gone from breakeven to profitable, which is an obvious lie.
13. OP has personally asked for a small loan on btcjam so he could "travel to Vegas and Holland" and he was late on the first down payment.
https://btcjam.com/listings/6852. Within another loan OP admits that he is trying to loan a large amount
https://btcjam.com/listings/6320Often when someone is claiming incredible and undocumented feats in exchange for funds its a sign of a scam or underlying problems. Previously OP has admitted there is a lack of funds and that he has taken personal expenses loans. This is a reason of concern and the least OP can do is to prove that player funds are covered.
Anyone who keeps or wishes to deposit funds at sathosipoker should reconsider in my opinion!