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Author Topic: Just-Dice.com : Invest in 1% House Edge Dice Game  (Read 434893 times)
atrax1978
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July 15, 2013, 08:10:46 AM
 #661


The "new code" was just me adding an index to the bet table so I could quickly select bets by userid.  Not really new code at all.

I'm going to put the site back how it was, with a 1% edge and 1% max profit.

I've looked at the whale's wins, and while lucky, they're not exception.

Good luck all, and sorry for the disruption...

Doog,could you post all the whale bets list, and maybe the investors could find  where the problem is?
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naphto
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July 15, 2013, 08:42:41 AM
 #662

Doog,could you post all the whale bets list, and maybe the investors could find  where the problem is?


There is no problem.
Variance + whale = gambling Smiley


You could be rich, or loose 20% of your investment, depending on their results.
willphase
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July 15, 2013, 09:00:58 AM
 #663

Doog,could you post all the whale bets list, and maybe the investors could find  where the problem is?

you can track them here.

Will

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July 15, 2013, 09:41:35 AM
 #664

He asked me to address you:

Quote
Send a mass message to investors saying this.
As I don't really feel like giving out my forum name to the public on there.

" I contacted the Mcdonalds that I was at, and they said that nothing was caught on tape, however the phone WAS later returned that SAME day. I called the last 3 places and the 2nd was Mcdonalds who did have my phone. Upon arrival I checked wallet and found my bitcoins gone. I believe I have like .004 left. Anyways, the only transaction I saw was a 30 BTC to one I didn't recognize. I checked all over the phone and found in the search history that he went on just dice. So yeah, I don't really have anything to lie about? I mean, I have a family to take care of, I know investors recently had quit a hard loss with that one cici person winning alot. If I ever did gamble on this website(wont ever happen, after what just occured) or any other website I would NEVER go in with ALL my money. That is crazy, as that was pretty much a huge investment flip for me. even a 50% portion of the money( i understand its coming from your pockets) would do wonders, as any money getting back is really nice. I have just set a lock on my phone, along with deleting google chrome, and found a new alternative web browser that does not save passwords"

This whole story is just ridiculous.

Even if it wasn't ridiculous, you'd still have no duty to replace his coins.
+1

especially for the bolded part: that's a very clear indicator of gambler's remorse.

1LohorisJie8bGGG7X4dCS9MAVsTEbzrhu
DefaultTrust is very BAD.
Dyaheon
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July 15, 2013, 11:35:07 AM
 #665

"OK, so any 7 of 10 investors can generate the roll"?

Well, in that case I'll just try various sets of 7 from 10 until I find one that makes me win...

Any way you roll it, I can't see a reliable way of stopping myself from being able to cheat while also having the site be able to process player rolls quickly.

I think this warrants more consideration. It would go a long way if you could prove that the site is fair for investors too.

How about having 5 or so servers, but you don't get to decide whether to use their seed or not. By default, all of them would be used, which would be most of the time really. But in case one goes down, halt the game for a bit and have a status indicator on the site show that a server is down. Game could then continue, or someone could wait for all servers to be online again if they so wish. Stop the game completely if less than 3 servers are online or so. The servers should also have some independent way to verify whether they're running or not, such as a webpage. These additional servers would be run by big investors or some other relatively trustworthy party, and perhaps you could fund them from your profits, would probably not be a lot. Some of them could also be hosted on different providers, to prevent a VPS service employee or a hacker to gain access to all of them.

Would such a solution work? It would add some complexity and maintenance costs, but the added investor confidence would be well worth it in my opinion.
mechs
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July 15, 2013, 01:07:20 PM
 #666

I do not get this logic.  If we keep the best edge (1%), best interface, trustworthy op (Doug paid out 500,000  usd worth of winnings to a single whale), and a max bet which is on par with the competition (just not as crazy high as now) where will the whales go?  This is still the best place for them to play and they will do so without ruining the site.  If investors leave the site there will be none.

We should make the max profit 0.1% per bet as opposed to 1% of the bankroll.  That would still be 25BTC each.  We could always raise it again later on.
Mechs



Doog,could you post all the whale bets list, and maybe the investors could find  where the problem is?

you can track them here.

Will
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July 15, 2013, 01:18:10 PM
 #667

I don't know anything about the hash's and random number gen, but if it is truly random, losing bets at 0.1 should not increase the likely hood of a win on the next bet... And if you say its truly random, I believe you  Smiley
I would guess that is just what the whale thinks in his head (and is probably common). He thinks he has an edge doing this and that is why he keeps coming back.


Quote
I'm also little uncomfortable with such a low house edge of 1% - as it's very few games at real casinos that have such a low margin for the house.
I believe the house edge on blackjack is ~0.5%?
sgravina
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July 15, 2013, 01:42:37 PM
 #668

...
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I'm also little uncomfortable with such a low house edge of 1% - as it's very few games at real casinos that have such a low margin for the house.
I believe the house edge on blackjack is ~0.5%?

That's against someone betting the ideal strategy.  I bet the house edge against their actual players is much better.
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July 15, 2013, 02:17:13 PM
 #669

I do not get this logic.  If we keep the best edge (1%), best interface, trustworthy op (Doug paid out 500,000  usd worth of winnings to a single whale), and a max bet which is on par with the competition (just not as crazy high as now) where will the whales go?  This is still the best place for them to play and they will do so without ruining the site.  If investors leave the site there will be none.

We should make the max profit 0.1% per bet as opposed to 1% of the bankroll.  That would still be 25BTC each.  We could always raise it again later on.
Mechs

I don't understand why the max bet should go down. I see some are surprised of the amount of loss that can be made in a short time. Indeed the site lost in a few days roughly 4,000 btc on an invested capital of around 25,000 btc, that's a loss of -16%. But if it can go down so much so quick, it can also go up so much so quick, which indeed happened right before when the site was up 2000 btc or +6% in only a few days too. As long as you have the 1% house advantage all is well I would think as you have statistical certainty that you will make up the loss as long as people continue to play.

However is it not the case that lowering the maximum bet makes the site less attractive for whales? If yes, you risk indeed not making up the loss if the whales choose other destinations!

I am stunned that just-dice succeeded in having MORE turnover than Satoshi Dice already after 1 month. BTC turnover being the most important factor for the bottom line that is an amazing accomplishment. Obviously just-dice is offering value. Is it offering too much value and asking too little in return resulting in a loss? I think that is too early to judge as a monthly loss of say -5% can still be made up easily the next month with say +15%, resulting in an average of +5% per month, as was 'promised' in the brochure Wink

Until then I agree with you that it would be a mistake to make the site less competitive.
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July 15, 2013, 02:19:07 PM
 #670

I don't understand why the max bet should go down. I see some are surprised of the amount of loss that can be made in a short time. Indeed the site lost in a few days roughly 4,000 btc on an invested capital of around 25,000 btc, that's a loss of -16%. But if it can go down so much so quick, it can also go up so much so quick, which indeed happened right before when the site was up 2000 btc or +6% in only a few days too. As long as you have the 1% house advantage all is well I would think as you have statistical certainty that you will make up the loss as long as people continue to play.

However is it not the case that lowering the maximum bet makes the site less attractive for whales? If yes, you risk indeed not making up the loss if the whales choose other destinations!

I am stunned that just-dice succeeded in having MORE turnover than Satoshi Dice already after 1 month. BTC turnover being the most important factor for the bottom line that is an amazing accomplishment.  Obviously just-dice is offering value. Is it offering too much value and asking too little in return resulting in a loss? I think that is too early to judge as a monthly loss of say -5% can still be made up easily the next month with say +15%, resulting in an average of +5% per month, as was 'promised' in the brochure Wink


You should be able to bet whatever you want, even more than the investor's money.
But if you want to bet something huge (let's say 10k USD), it should split the bets into smaller ones, and ran them independantly.


That won't stop whales from coming, and will be safer for investors.
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July 15, 2013, 02:23:06 PM
 #671

I don't understand why the max bet should go down. I see some are surprised of the amount of loss that can be made in a short time. Indeed the site lost in a few days roughly 4,000 btc on an invested capital of around 25,000 btc, that's a loss of -16%. But if it can go down so much so quick, it can also go up so much so quick, which indeed happened right before when the site was up 2000 btc or +6% in only a few days too. As long as you have the 1% house advantage all is well I would think as you have statistical certainty that you will make up the loss as long as people continue to play.

However is it not the case that lowering the maximum bet makes the site less attractive for whales? If yes, you risk indeed not making up the loss if the whales choose other destinations!

I am stunned that just-dice succeeded in having MORE turnover than Satoshi Dice already after 1 month. BTC turnover being the most important factor for the bottom line that is an amazing accomplishment.  Obviously just-dice is offering value. Is it offering too much value and asking too little in return resulting in a loss? I think that is too early to judge as a monthly loss of say -5% can still be made up easily the next month with say +15%, resulting in an average of +5% per month, as was 'promised' in the brochure Wink


You should be able to bet whatever you want, even more than the investor's money.
But if you want to bet something huge (let's say 10k USD), it should split the bets into smaller ones, and ran them independantly.


That won't stop whales from coming, and will be safer for investors.

The volatility is too much for investors and a run of "bad luck" will scare off investors and ruin the site. The fact is the whales are going to go nowhere.  No place else offers 1% edge and a better max bet.  The Only place with a bigger max bet is satoshi dice, but between there 1.9% edge and much slower betting interface, they are not a viable option for whales versus J-D.
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July 15, 2013, 02:26:03 PM
 #672

I don't understand why the max bet should go down. I see some are surprised of the amount of loss that can be made in a short time. Indeed the site lost in a few days roughly 4,000 btc on an invested capital of around 25,000 btc, that's a loss of -16%. But if it can go down so much so quick, it can also go up so much so quick, which indeed happened right before when the site was up 2000 btc or +6% in only a few days too. As long as you have the 1% house advantage all is well I would think as you have statistical certainty that you will make up the loss as long as people continue to play.

However is it not the case that lowering the maximum bet makes the site less attractive for whales? If yes, you risk indeed not making up the loss if the whales choose other destinations!

I am stunned that just-dice succeeded in having MORE turnover than Satoshi Dice already after 1 month. BTC turnover being the most important factor for the bottom line that is an amazing accomplishment.  Obviously just-dice is offering value. Is it offering too much value and asking too little in return resulting in a loss? I think that is too early to judge as a monthly loss of say -5% can still be made up easily the next month with say +15%, resulting in an average of +5% per month, as was 'promised' in the brochure Wink


You should be able to bet whatever you want, even more than the investor's money.
But if you want to bet something huge (let's say 10k USD), it should split the bets into smaller ones, and ran them independantly.


That won't stop whales from coming, and will be safer for investors.

Of course it would stop whales coming.  They don't want their big bets split up into small ones.  If you do that right the way down then you may as well just ask them to send 1% of their BR to the site and not bother playing at all.

People who are willing to lose large sums of money want to be able to win large sums of money.  If the site wants to be able to take a few K BTC off a player then it has to be able to lose a few K BTC to them as well - or they won't come.  Whales aren't going to show up with 5K BTC if there's a max win of 25 BTC or if big bets are treated as a load of small ones.

As investors we have to be willing to lose if we want to win - it really IS that simple.  Any change that makes investing "safe" will scare off big gamblers as they want to gamble, not donate.
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July 15, 2013, 02:48:05 PM
 #673

So prime dice and coin roll.it with their max payouts below 20btc or below are just foolish? I am not saying we become more conservative than the competition, but we do not need our max bet to be 10 to 20 x the competition.  They will not find another site with as fair a game and as big a max bet regardless.  I think you are completely wrong and I do not see the harm in testing my theory and dropping the max bet. 

I think a large max bet can be fine with a big enough BR to support it, but we do not have that.
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July 15, 2013, 03:27:15 PM
 #674

So last night the whale cashed out 1300 BTC, I processed it manually after checking the stats looked OK.  This morning I log in and see that the site has recovered 1300 BTC of its losses.  Yay!

But wait.  Sinking feeling in stomach...

Quote
07:36:25 (1959) <bobbarker> its a scam
07:36:31 (1959) <bobbarker> hes just pretending to lose
07:36:39 (1959) <bobbarker> so he can come back and clear the entire bankroll out
07:39:17 (1) <dooglus> bob: it's worse than that
07:40:38 (2619) <Aahzmundus> dont scare me doog...
07:41:00 (1) <dooglus> ugly story:
07:41:03 (1) <dooglus> last night 'celeste' asked me to cash him out 1300 BTC
07:41:19 (1) <dooglus> I panicked, shut the site down, reduced max bet, checked stats
07:41:31 (1) <dooglus> it all looked ok, so I put it back up and sent him 1300 BTC
07:41:37 (1) <dooglus> but didn't debit his account the 1300
07:41:42 (1) <dooglus> so the 1300 he lost last night was mine
07:41:44 (9006) <BigBitz> Oh doog :|
07:41:51 (9006) <BigBitz> you kidding me? :|
07:41:55 (1) <dooglus> he really lost it, but it wasn't his
07:42:00 (1) <dooglus> no - that's what happened
07:42:12 (9006) <BigBitz> so the 1300 he lost was actually the sites?
07:42:17 (9006) <BigBitz> or your own private 1300?
07:42:18 (1) <dooglus> he denies playing it at all, says someone accessed his account
07:42:24 (9006) <BigBitz> Oh the lies.
07:42:34 (2619) <Aahzmundus> and, there is no way...
07:42:35 (1) <dooglus> well, it's 1300 that was in his account that I should have subtracted when cashing him out
07:42:42 (1) <dooglus> it's my fault, so I guess it comes out of my pocket
07:43:41 (2619) <Aahzmundus> While i feel yes, it should come out of your pocket... PLEASE put up a donation address
07:43:54 (9006) <BigBitz> doog: 1300BTC?
07:43:54 (2619) <Aahzmundus> I know I will help you out
07:43:56 (9006) <BigBitz> Christ... wtf.
07:44:09 (9006) <BigBitz> can't you correlate IP/ISP so when he's next on take 1300 back?
07:44:27 (1) <dooglus> I just divested 1300 BTC from my personal investmet
07:44:39 (1) <dooglus> because the cold wallet will be short that 1300 that he lost overnight
07:44:47 (2458) <usagi> So your saying celeste isn't going to pay for it?
07:45:14 (1) <dooglus> Big: he won't deposit again, I'm sure
07:45:27 (2619) <Aahzmundus> Well, atleast it was not 10,000 btc
07:45:28 (9006) <BigBitz> doogie man.. that's depressing. I am very sorry to hear that Sad
07:45:33 (1) <dooglus> I asked for the 1300 back, because he's always seemed like a good man in chat. he logged off
07:45:37 (2458) <usagi> Gee, and I thought I was down.
07:45:42 (2466) <Canna> shit doog...that sux
07:45:46 (1) <dooglus> yeah
07:45:59 (34659) <flory> I didn't log off...
07:46:04 (1) <dooglus> I guess it's to be expected, because bitcoin
07:46:07 (11587) <iefl> cele will never play? u say?
07:46:11 (34659) <flory> but I cannot login as celeste...
07:46:20 (2619) <Aahzmundus> well wait doog... did he use the withdrawl system to request the amount
07:46:25 (2619) <Aahzmundus> or did he just talk to you
07:46:36 (34659) <flory> I'm back online already, doog, check your talk window.
07:47:14 (1959) <bobbarker> so basically he saw he still had a 1300 coin balance, pissed it away and then said he didn't do it? lol
07:47:15 (8660) <devinthedev> The price is looking at 1mBTC/1000 impressions
07:47:36 (1) <dooglus> flory: the play looked just like celeste's play
07:47:48 (9006) <BigBitz> Man - this is depressing.
07:47:57 (9006) <BigBitz> doogie 1300BTC Sad
07:48:01 (2458) <usagi> You'll make it back doog, in a year
07:48:02 (2466) <Canna> karma will bite in the end...I believe that wholeheartedly
07:48:06 (9006) <BigBitz> $130K. Fucking brutal.
07:48:08 (9006) <BigBitz> what a scumbag.
07:48:10 (2458) <usagi> I hope he gives it back
07:49:02 (2466) <Canna> time to stop manually processing deps/withs...let 'em wait, tough shit on both sides
07:49:14 (2619) <Aahzmundus> Doog, how about increase the house take to ~20% till you recoup your loss?
07:49:24 (2619) <Aahzmundus> from invester profits
07:50:47 (9006) <BigBitz> celeste did seem fairly decent.
07:50:51 (9006) <BigBitz> So I hope they work it out.
07:50:59 (1) <dooglus> bob: right. I left it in his account and sent it to him. so when he lost it, it's money he shouldn't have had
07:51:02 (2466) <Canna> i think this just blew up much bigger than anyone expected so fast...seems like just yesterday investor balance was 9K
07:51:30 (9006) <BigBitz> Ah OK - so site, in theory, should still be -1500 in the hole?
07:51:43 (1) <dooglus> site will have 1300 less than it should, yes
07:51:48 (2) <Deb> if he hadn't put his own in and played and lost, yes
07:51:49 (1959) <bobbarker> but doog used personal money to fix the hole
07:51:52 (1959) <bobbarker> since it was his mistake
07:52:04 (9006) <BigBitz> Hmm.
07:52:04 (1) <dooglus> so if everyone withdraws, the last 1300 won't be anywhere - unless I pay out of my pocket
07:52:31 (1) <dooglus> so I have 1300 in my balance right now. if I don't withdraw it, that will be the last 1300 that isn't anywhere
07:52:52 (2466) <Canna> i don't have much here, but it is staying for the long haul...I'm still behind you doog
07:57:51 (9006) <BigBitz> 1300BTC is a huge hurt.
07:58:22 (1959) <bobbarker> whats his reasoning behind it having beens omeone else who gambled
07:58:27 (1959) <bobbarker> did he say someone else was on his computer?
07:59:51 (1601) <willphase> I feel terrible and I didn't even lose the btc
07:59:58 (34659) <flory> I'm celeste, nakowa, and cici, but now I cannot login with the username of celeste.... I'm talk with doog, right now.
08:00:21 (1) <dooglus> that's true - flory is the same guy
08:00:30 (1601) <willphase> I hope flory/celeste/nakowa/cici pays it back, I think he always seemed like a decent fellow, and he did do that 10,000 withdraw so probably has the btc
08:00:30 (2619) <Aahzmundus> good to see you flory
08:00:38 (11) <kingofsports> i hope u pay the 1300 btc flory
08:00:40 (2359) <seedtrue> plz make it right nakowa
08:00:48 (2466) <Canna> yes, good to be honorable...shit now i sound like snnr
08:00:50 (2458) <usagi> Flory, I hope you give the money back, dooglus put a lot of work into this site
08:00:57 (1) <dooglus> he's telling me he left his laptop in a cafe with the google-auth code on it, and someone found it, found the code, and played just like him, losing the balance...
08:01:08 (1959) <bobbarker> LOL
08:01:12 (11) <kingofsports> wow...
08:01:15 (33677) <yvonne> well
08:01:15 (2619) <Aahzmundus> :|
08:01:17 (34659) <flory> it's not me.
08:01:32 (33677) <yvonne> IMO it was in his account even if it was him he SHOULD have been free to do what he wanted
08:01:34 (9) <uvwvj> does not matter if you or not
08:01:37 (33677) <yvonne> it was in his account....
08:01:38 (9) <uvwvj> your account
08:01:43 (1959) <bobbarker> who leaves their laptop with millions of dollars of BTC on it unattended?
08:01:54 (11) <kingofsports> this^
08:01:55 (2) <Deb> that seems very implausible, flory, tbh, but yes, yvonne, it was in his account
08:01:55 (9) <uvwvj> either pay it back or I feel IP ban is warranted
08:01:55 (1) <dooglus> it's my mistake
08:02:01 (1) <dooglus> and I've already said I'll cover it
08:02:10 (1) <dooglus> it's easy to change IP addresses
08:02:13 (33677) <yvonne> just sayin
08:02:15 (9006) <BigBitz> doog: I don't think that's fair.
08:02:21 (9006) <BigBitz> doog: I think he duped you and he knows it.
08:02:37 (1) <dooglus> Big: if you or anyone else wants to share in my loss: [17r66d9Sis99eZWtsZpEuK1rtpZCgr2sDU]
08:02:39 (9006) <BigBitz> doog: He was here talking this morning when he lost and it *was* the same guy.
08:02:47 (2458) <usagi> Flory, your asking dooglus to cover your mistake.
08:02:54 (1959) <bobbarker> well
08:02:56 (2458) <usagi> the game has to be fair
08:02:58 (1959) <bobbarker> really it is doog's mistake
08:03:00 (33842) <chelsea> while it sucks for doog, investors shouldnt have to pay
08:03:03 (1) <dooglus> it's my mistake
08:03:07 (9006) <BigBitz> doog: without sounding ungrateful I'm down $700 PayPal Chargeback and 1000GBP scam over bitcoin Sad
08:03:22 (33842) <chelsea> flory needs to make this shit right
08:03:27 (9) <uvwvj> whatever you need to do Doog boot him
08:03:28 (1) <dooglus> Big: I don't expect anything. I thought you asked for a donation address, but I guess it was Aah
08:03:36 (2) <Deb> it was aah
08:03:45 (1) <dooglus> "07:43:41 (2619) <Aahzmundus> While i feel yes, it should come out of your pocket... PLEASE put up a donation address"
08:04:22 (34659) <flory> Sad here's the situation: it's not me, doog made a mistake, someone else lost it, it's not fair for me to "re"fund, although I'm concerned about doog too....
08:04:28 (1) <dooglus> bob: I think this is the point where I'm meant to shut down and run with the cold wallet, right?
08:04:39 (2619) <Aahzmundus> Tongue
08:04:41 (1) <dooglus> not going to happen
08:04:51 (2) <Deb> i'd raise the commission, as well, doog, if i were you, at least to 10
08:04:51 (1959) <bobbarker> doog: yes thats your 401k
08:04:54 (14752) <Rump> flory at least admit you lost it... no one believes the laptop crap
08:04:59 (1601) <willphase> doog: maybe this is all a ruse to make us trust you more Smiley
08:05:07 (1601) <willphase> tin foil hat
08:05:09 (1167) <mercedes> oh sorry to read all this doog, i thought i had have bad luck, well i'll stick with the site, things will turn around
08:05:09 (1) <dooglus> will: not helpful
08:05:12 (2) <Deb> heh, will
08:05:54 (2466) <Canna> the problem with increasing commission is that there wasnt any to be had during yesterdays run because of the site getting hammered by whales
08:05:56 (968) <martingale> uhhhhh.... but those "non-coins" went back to the site.
08:06:07 (2) <Deb> right canna
08:06:10 (1959) <bobbarker> wait how far back do you need
08:06:13 (2) <Deb> and right, martingale
08:06:22 (9006) <BigBitz> martingale: They shouldn't have though. That's the issue. They needed to go into doogs pocket.
08:06:59 (2466) <Canna> whatever you need to do to keep the site functional is good by me...we will all make out in the long run...the rapid expansion was just overwhelming i think
08:07:02 (1) <dooglus> martingale: so now the non-coins have been lost, and are in the investor accounts
08:07:14 (1) <dooglus> martingale: I need to deposit them so the investors can withdraw them
08:07:34 (968) <martingale> ah, ok.. if the investors will withdraw. they might just leave them there, for now.
08:07:48 (9) <uvwvj> Doog did the right thing in covering, but still Flory should be banned, because the of the lack of control on his side, a large casino would do the same
08:07:55 (1) <dooglus> martingale: it doesn't matter. I'm not going to run the site with 1300 coins missing
08:08:20 (2458) <usagi> Flory, if dooglus credits your account -1300, which is what he should and normally would do, it's up to you to pay the bill
08:08:33 (968) <martingale> cant you "take it back" ... reverse those bets, then from there, remove them properly?
08:08:44 (2706) <spacejelly> ok, how about adding a "donate" option to the invest tab so we can invest our percent to cover this if we choose?
08:08:44 (1959) <bobbarker> uvwvj you dont ban your whale
08:08:47 (2458) <usagi> it's too convenient
08:08:52 (2619) <Aahzmundus> but he already sent the BTC out
08:08:53 (1) <dooglus> martingale: investors won't want me to take money back from their accounts
08:08:59 (12182) <iguru42> im with usagi, i dont really care how, why, or who lost 1300 btc with your laptop, that was yours to secure.
08:08:59 (1167) <mercedes> umm a -1300 account is not a bad 'fix' to be honest
08:09:04 (9) <uvwvj> you absolutely ban your whale, if your whale is an issue
08:09:07 (2706) <spacejelly> I'd happily tick that box for you, but then I've only a small amount invested.
08:09:16 (968) <martingale> but its money that's not supposed to exist.
08:09:36 (968) <martingale> it's like the fake coins when this was testnet.. no one could withdraw 1 million testnet coins.
08:09:53 (34659) <flory> doog, I think you should rollback database to 5 hours before...
08:09:54 (30938) <whitty> he can't just reverse 1300btc because people have invested and divested since then based on that and every other bet since
08:10:16 manually debiting user 31791 with amount 1300.155
08:10:04 (2) <Deb> right whitty
08:10:08 (30938) <whitty> so the simple fix isn't so simple
08:10:13 (9006) <BigBitz> Hmm. This is sad.
08:10:17 (1) <dooglus> "08:10:16 manually debiting user 31791 with amount 1300.155" - but I don't see what good it does
08:10:19 (9006) <BigBitz> doogie I feel horrible for you Sad
08:10:24 (1) <dooglus> he won't deposit there to clear the debt
08:10:37 (34659) <flory> whitty: ... it's too unfair for doog...
08:10:42 (2706) <spacejelly> yeah, I saw that, but most investors wont. if it's on the investor page, maybe you'll get more. share the mistake. We're all human, and all make mistakes. expecting doog to cover this, while honourable, isn't really fair. We all invested in the site, win..
08:10:45 (34659) <flory> he's a nice guy...
08:10:49 (2706) <spacejelly> or lose.
08:10:55 (9) <uvwvj> we know shithead
08:11:01 (30938) <whitty> so someone invested before the money was lost today, then divested with profits and people who invested after would miss out
08:11:02 (2458) <usagi> Flory who is going to cover my loss?
08:11:12 (968) <martingale> well,, the site was "frozen" when you were investigating.... freeze it now, roll it back, ... its money that's not supposed to exist. suddenly, this site has a fractional reserve.
08:11:39 (1) <dooglus> martingale: no fractional reserve. I paid the loss out of my pocket
08:11:40 (3980) <*Angel*> martingale - bitcoin doesnt do
08:11:44 (3980) <*Angel*> Rollbacks
08:11:52 (3590) <BEST-3590> rollback? really?
08:11:54 (3590) <BEST-3590> why?
08:11:56 (14977) <new name> rollback lul
08:11:59 (1) <dooglus> no rollback
08:12:32 (2) <Deb> doog post on the forum, and make some sort of box here people can check to give a portion of their profits if they choose to

Fuck.  I dun goofed.

I thought it was bad before this happened.  Now I just don't know what to think.

I made a donation address in case anyone wants to help me cover the loss.  It's my fault entirely, and I don't expect anyone to donate, but it sure would help!

17r66d9Sis99eZWtsZpEuK1rtpZCgr2sDU

tldr: I sent the whale his 1300 BTC balance, forgot to take it out of his account, and he played and lost it.  So I had to pay the site 1300 BTC out of my pocket to cover the shortfall.  Whale claims he "left laptop in cafe with $130k on it and screenshot of google-auth code, someone found it, mimicked his play style exactly, and lost the balance", and so won't pay me back.

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   1% House Edge
mechs
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July 15, 2013, 03:33:28 PM
 #675

Hi Doog,
   Sorry for your loss.  That is terrible.  Once I get back to positive myself, I will donate as well.  Most importantly, what safeguards are you going to add to prevent a similar catastrophic human error in the future. For one, I would say all BTC withdrawals over 50 BTC may take up to 24 hours to process.  Ths way you will not be doing these things half asleep and making mistakes.  Still, there must be some sort of additional safeguard you can add? 
Mechs
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July 15, 2013, 03:41:00 PM
 #676

Sorry for your loss too. But instead of a straight up donation, add the option for investors to increase your commission to 10-20% or whatever. It might take some time, but should get you the money back eventually if the site runs smoothly and no more bad things happen.

In the negative at the moment and don't feel like donating, but I would have no problem with an increased comission on profits.
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July 15, 2013, 03:41:25 PM
 #677

Donated 1btc, it's not much but every bit helps!

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July 15, 2013, 03:48:28 PM
 #678

Whale claims he "left laptop in cafe with $130k on it and screenshot of google-auth code, someone found it, mimicked his play style exactly, and lost the balance", and so won't pay me back.
lol, as believable as the other guy

this is a tough one. if there isn't some truth to the store or he didn't feel some remorse i assumed he just would never come back to JD?
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July 15, 2013, 03:52:33 PM
 #679

Whale claims he "left laptop in cafe with $130k on it and screenshot of google-auth code, someone found it, mimicked his play style exactly, and lost the balance", and so won't pay me back.
lol, as believable as the other guy

this is a tough one. if there isn't some truth to the store or he didn't feel some remorse i assumed he just would never come back to JD?

Pirate did too. Maybe he's afraid of someone finding him out or something. It's BS, and his fault regardless even if it wasn't.
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July 15, 2013, 04:08:29 PM
 #680

So sorry for your loss.You really need to do something to prevent this from happening again for all the investors.
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