Bustabit Under New Management

[RHavar]

As most of you know, I've been the owner/operator of bustabit for the last 3+ years. In that time it's grown to have become without a doubt the most wagered-at crypto gambling game (see: dicesites.com/bustabit).

It's been both a rewarding and stressing journey, but the time has come for it to end. I have sold the site to Daniel, who you likely know from bustadice.com to give me the time and energy to do some more meaningful things with my life (away from bitcoin gambling) =)

I'll still be around on the site to chat, and be an investor in v2.

We used the opportunity to launch v2 at the same time as the new ownership (hence generating a new hash chain, and deposit addresses), so things will probably be a bit rough for the first week or two, but I'm confident (almost) everyone will be happy.


I'll let Daniel create a thread for v2, but I'd encourage you to check it out. It's a bit rough, but a bunch of pretty cool features (like investing! and a crazy awesome deposit/withdrawal system)

[1713468510]

1713468510

[Lionidas]

So was this the reasoning for this new version two of the site and the delay in it's release?

The first site did make you a very rich man because of the increase in price of bitcoin from $4500 all the up to $19750 at one point.
And from what I understand reading on your chat when you were on it,
You never really withdrew from the site's wallet only once for a vacation early last year.
So just WoW!
You can retire now I guess.

[dooglus]

I have sold the site to Daniel

When I went to https://www.bustabit.com/ it told me:

> New management
>
> Starting with version 2, bustabit is managed and operated by Daniel from bustadice.
> Ryan continues to be an owner of bustabit but is no longer involved in its day-to-day operations.

So that's a little confusing.

[CrazyCraig]

All I can say is wow! I wish you luck with your future endeavors and hope that you come back to the gaming industry. You have definitely left your footprint.

[Pif]

Really shocking announcement but understandable point , good luck for everything boss.
Just a quick question: read in last part of OP that there is investing feature in V2 ; just had a quick look at the site but not sure hkw to.do it. May you, or someone eslelse, bplease point me where I could do it?

[RHavar]

Thanks everyone!

@Pif You can "invest" by going to the "bankroll" tab, and adding money to the casinos bankroll. That way you own a part of the bankroll (which rises and falls according to how much people lose/make)

[devans]

I have sold the site to Daniel

When I went to https://www.bustabit.com/ it told me:

> New management
>
> Starting with version 2, bustabit is managed and operated by Daniel from bustadice.
> Ryan continues to be an owner of bustabit but is no longer involved in its day-to-day operations.

So that's a little confusing.

Our agreement wasn't finalized until shortly before release, so that part is outdated. I've updated the disclaimer to reflect the sale.

[Lionidas]

I have sold the site to Daniel

When I went to https://www.bustabit.com/ it told me:

> New management
>
> Starting with version 2, bustabit is managed and operated by Daniel from bustadice.
> Ryan continues to be an owner of bustabit but is no longer involved in its day-to-day operations.

So that's a little confusing.

Our agreement wasn't finalized until shortly before release, so that part is outdated. I've updated the disclaimer to reflect the sale.

So I am presume you are Daniel that the announcement states who the site was sold too?
I got it all wrong then as I thought Ryan was no longer the owner of the site so this makes you manager of the site instead of owner, correct?
The only part which is clear to me thus far is Ryan still is investor of the site such as he said his title was for bustadice.
Alittle more than confusing about the new title owner of the site is.

[RHavar]

So I am presume you are Daniel that the announcement states who the site was sold too?
I got it all wrong then as I thought Ryan was no longer the owner of the site so this makes you manager of the site instead of owner, correct?
The only part which is clear to me thus far is Ryan still is investor of the site such as he said his title was for bustadice.
Alittle more than confusing about the new title owner of the site is.

Daniel is now the new owner and operator of bustabit. I have a long history with bustabit, and developed the majority of the code that is deployed now -- so I plan on at least hanging around and helping out (and have been made a chat moderator), as well I have joined as an investor 

[dooglus]

Our agreement wasn't finalized until shortly before release, so that part is outdated. I've updated the disclaimer to reflect the sale.

I guess it would also be interesting to know which of you has access to the server, who knows the root of the SHA chain, who holds the BTC, whether the wallet is multisig, etc.

[Stunna]

Congrats Ryan! Always been very impressed with you and BB. I'm excited to see what you work on next

[RHavar]

I guess it would also be interesting to know which of you has access to the server, who knows the root of the SHA chain, who holds the BTC, whether the wallet is multisig, etc.

Daniel has exclusive access to the server, hash chain, hot wallet. For the cold wallet, we decided to just re-use the one we had already setup for bustadice, so the cold funds are already there.

[Pif]

Thanks everyone!

@Pif You can "invest" by going to the "bankroll" tab, and adding money to the casinos bankroll. That way you own a part of the bankroll (which rises and falls according to how much people lose/make)

Thanks, is there a diluiton fee just like the one in force at Bustadice? 

[devans]

Thanks, is there a diluiton fee just like the one in force at Bustadice? 

Yes, bustabit uses the same investment system as bustadice. The dilution fee on bustabit is also 10%.

[audrey12]

As most of you know, I've been the owner/operator of bustabit for the last 3+ years. In that time it's grown to have become without a doubt the most wagered-at crypto gambling game (see: dicesites.com/bustabit).

It's been both a rewarding and stressing journey, but the time has come for it to end. I have sold the site to Daniel, who you likely know from bustadice.com to give me the time and energy to do some more meaningful things with my life (away from bitcoin gambling) =)

I'll still be around on the site to chat, and be an investor in v2.

We used the opportunity to launch v2 at the same time as the new ownership (hence generating a new hash chain, and deposit addresses), so things will probably be a bit rough for the first week or two, but I'm confident (almost) everyone will be happy.


I'll let Daniel create a thread for v2, but I'd encourage you to check it out. It's a bit rough, but a bunch of pretty cool features (like investing! and a crazy awesome deposit/withdrawal system)

I've been playing bustabit and bustadice and I really enjoy it. Good thing now migration of this two can be an option so that players will be more interested to join  this site also with this focus on one site will probably help the owners to maximize their profits and offer a much better gambling options. Congrats to the new owner and hoping for the best of bustabit and bustadice.

[Paractor]

Visited just to see if it was any different from before.
And the colors are nice because they are not hard on the eyes (I know about the night mode on the old one) with the neutral tones now.
Good job on the new layout for the site!

[DarkStar_]

Thanks, is there a diluiton fee just like the one in force at Bustadice? 

Yes, bustabit uses the same investment system as bustadice. The dilution fee on bustabit is also 10%.

Is there/was there a grace free period like there was on bustadice? Can't find any info about it on the site.

[devans]

Is there/was there a grace free period like there was on bustadice? Can't find any info about it on the site.

No, bustabit launched with the dilution fee in place.

[NLNico]

Is there/was there a grace free period like there was on bustadice? Can't find any info about it on the site.

No, bustabit launched with the dilution fee in place.

In that case the dilution fee should be much more clear imo. Even if I go to the FAQ through the "Bankroll - Overview" modal, that info is 3 clicks away. It should just be shown on the "Change BR" page (like bustadice.) There might be people now "trying out" that invest feature, not realizing they are charged 10%.


Congrats on the sale and new site

[Rinsend]

Well. now the question is whether daniel can we believe if he manages bustabit? because sometimes there is little doubt if the owner turns.
especially with many investors who have entered,
can he manage it right?