Just-Dice.com : Invest in 1% House Edge Dice Game

[ShinkeiNo]

I think Just-Dice is a great site and the 'invest in the bankroll' has been an incredible added value. I think the amount of money invested is a testament to the model's strength.

I agree with the discussion regarding a 'plan B,' but honestly, if he is located in the US, this is something that would have to be done by the executor of his estate if he actually suffered some terrible accident (this is a very morbid thread). Assuming we are talking about avoiding this more protracted, 'painful' process. The shared keys sound good in principle.

Incidentally, does anyone know of any other site that has a similar ability to invest in the bankroll?

[1713872909]

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[1713872909]

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[itod]

Dooglus should write a script with a basic GUI that would correctly disperse funds if given the paper wallet keys and internet access, and store it on an offline laptop. Then, he can tell several people he knows in real life, "If I die, there's a laptop in my room with a number taped to the top. Turn on the laptop and type in the number."

And that number would be a password? What's the point of having a password when it's taped next to possible place of use, why just not leave it without a password, lol?

Seriously people, thinking anyone would come with a better solution for this than dooglus himself is, to put it mildly - arrogant. He is one of the bitcoins core contributors, for Christ sake. That "script" would have to have signed transaction with all amounts signed by their state in one point in time, when the script is created. If something happens to dooglus these amounts can not be changed, so one could, for instance, partially invested/divested in the meantime and he could be only refunded with wrong amount.

If you are thinking of some elaborate scheme where private key to cold wallet is stored at safe location(s), I'm positive dooglus organized something, but it would be idiotic if he would discuss the arrangement in public. Keep in mind that all this talk about what would happen if he is struck by a car may make him being disgusted with all these and just deciding he has it enough and end the service permanently. You are pushing the man beyond the line of a good taste.

All these half-baked ideas about "scripts" can be discussed if someone would come up with the peace of code that can be reviewed. Telling you heard that there may be a solution is not enough, because there is none that answers dooglus' fundamental questions posted few pages before:

How does it allow funds to be returned after I'm dead but not before?

So post the code and prove me wrong, or please shut up.

[utens]

Also don't know if it was discussed.  But I also recommend studying something for the worst cases, that in case of problems with just-ice ( I know, I'm a genious)  the balances of both sites sites are sent to the emergency address,  and not  seized/stolen for several months in best scenario

[SebastianJu]

I think there is no great script needed. Only a dead man switch that, after a time, sends all funds out. That should be doable pretty easy. A cronjob on the server checks when dooglus logged in the last time. If he didnt login the last 4 weeks the emergency script runs, stop the site and sends out all funds. Dooglus can run that script when something happens too to prevent seizing.

So no other people would be involved, only dooglus has access. That prevents misuse. And its a surefire way as long as the server still runs. Which should be certain as long as dooglus paid a month in advance and has a hoster that checks for stalled servers.

I dont see the need for any complicated script.

[nimda]

Dooglus should write a script with a basic GUI that would correctly disperse funds if given the paper wallet keys and internet access, and store it on an offline laptop. Then, he can tell several people he knows in real life, "If I die, there's a laptop in my room with a number taped to the top. Turn on the laptop and type in the number."

And that number would be a password? What's the point of having a password when it's taped next to possible place of use, why just not leave it without a password, lol?

The number is the private key. The point is to keep it airgapped until his death.

As for a cronjob, now you're opening yourself up to remote exploits, defeating the whole point of a paper wallet.

[BitChrisUK]

Tiffany just lost 15btc  - yikes!

https://just-dice.com/roll/604015823

[itod]

Dooglus should write a script with a basic GUI that would correctly disperse funds if given the paper wallet keys and internet access, and store it on an offline laptop. Then, he can tell several people he knows in real life, "If I die, there's a laptop in my room with a number taped to the top. Turn on the laptop and type in the number."

And that number would be a password? What's the point of having a password when it's taped next to possible place of use, why just not leave it without a password, lol?

The number is the private key. The point is to keep it airgapped until his death.

I still can't believe what I'm reading: The private key is safer in the envelope on the piece of paper, than typed in the turned-off computer to witch that envelop is tapped to?!?!?

You are just making life easier for the thief to steal only the envelope, he wouldn't have to bother to steal the laptop which could have encrypted partition to make thief's life complicated.

Seriously people, thinking dooglus haven't thought of something better than this is unbelievable arrogant. It's not in our interest to know the details, since it would only open attack vectors. It's too much money not to attract criminals, so less details they (criminals) know - the better.

[nimda]

Dooglus should write a script with a basic GUI that would correctly disperse funds if given the paper wallet keys and internet access, and store it on an offline laptop. Then, he can tell several people he knows in real life, "If I die, there's a laptop in my room with a number taped to the top. Turn on the laptop and type in the number."

And that number would be a password? What's the point of having a password when it's taped next to possible place of use, why just not leave it without a password, lol?

The number is the private key. The point is to keep it airgapped until his death.

I still can't believe what I'm reading: The private key is safer in the envelope on the piece of paper, than typed in the turned-off computer to witch that envelop is tapped to?!?!?

Assuming you are $30,000,000 sure that the computer will not connect to the internet while you're doing the initial typing-in, go right ahead.

[molecular]

Is it possible that withdraw isn't working?

I tried last night (about 8 hours ago). It didn't work (after entering address and amount and klicking the button, the button disappears and then appears again after about 1-2 seconds). Nothing happens, no tx, no balance deducted.

Same behaviour now.

[halcyon]

are there any stats about how much btc is wagered monthly?
I know there is this "wagered per day" data, but it is too much work
to manually do this for every month.

Would be nice if someone could share some data or
dooglus would offer this stat.

[conspirosphere.tk]

are there any stats about how much btc is wagered monthly?
I know there is this "wagered per day" data, but it is too much work
to manually do this for every month.

Would be nice if someone could share some data or
dooglus would offer this stat.

https://bitcoinproject.net/justdice.php

[nicolaennio]

Dooglus, just to be sure, does your wallet implementation suffer from this 'transaction malleability' ?

[Timetwister]

I wonder why people is investing more now that wagered per day is decreasing...

[Rannasha]

I wonder why people is investing more now that wagered per day is decreasing...

If people consider JD a relatively safe place to hold their Bitcoins, they may just park them there and take whatever profits they can if they plan on not selling or otherwise using their coins.

[SebastianJu]

Is there a complete list of all bets of the last time?

[conspirosphere.tk]

Saw this posted in another thread


How will this effect us?

like prohibitionism affected drugs trade imho.

[theskillzdatklls]

If canada gets inside Doog's godly creation I'm going to declare war against that country.

[vineyard]

Saw this posted in another thread


http://www.huffingtonpost.ca/2014/02/11/bitcoin-regulation-canada-federal-budget-2014_n_4769489.html

"The government plans to bring virtual currencies such as the Bitcoin under the provisions of the money-laundering and anti-terrorism financing regulations.

"It is important to continually improve Canada's regime to address emerging risks, including virtual currencies such as Bitcoin, that threaten Canada's international leadership in the fight against money laundering and terrorist financing."

Online casinos will also be subject to these rules."

How will this effect us?

Money laundering is the intentional obfuscation of records so as to make it difficult (or impossible) to find the source of the money in question. Bitcoin is the perfect transactional record - 100% accurate, unencrypted, and open. Where laundering comes into play is at the exchanges, where you turn Bitcoin into some other currency. In the US, Bitcoin is treated as a currency, so all exchanges and issuers of Bitcoin are required to keep records of who they are exchanging with. If they do not, then they could be guilty of money laundering. However, a business that merely accepts as payment, or operates solely in Bitcoin does not have an issue here.

[halcyon]

is dooglus even alive? he hasn´t posted here in a while

[SebastianJu]

Hi Dooglus, Have you considered offsetting the 10% commission with losses from playing (on the same account)? It could be a nice bonus to users who both play and invest that wouldn't affect the sites profits much!

Wouldnt work. I had the same thinking error. If dooglus would do this then the website couldnt generate fees for him anymore really because investors would buy player accounts and all profits could remain feeless then.