letsdice IPO succeed!

[Mutated btc]

me too please, if you willing give away some

1ENYUzbMHPBS8QThBGaMWn1ojWytQAoqtw

thanks

[1713569316]

1713569316

[1713569316]

1713569316

[1713569316]

1713569316

[1713569316]

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[1713569316]

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[1713569316]

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[001sonkit]

I'd guess it's time for another personal responsibility reminder (Thread Topic:    
Personal responsiblity and the Ponzi scam.).

.......
c) Every time the bankroll increases by 10,000 BTC, we will send 2,000 BTC back to the shareholders who bought in at the IPO. So, when the bankroll reaches 20,000 BTC, a payment of 2,000 BTC will be spread among the original 1,000,000 shares.
i. Bankroll: 20,000-2,000=18,000
ii. Bankroll: 28,000-2,000=26,000
iii. Bankroll: 36,000-2,000=34,000
iv. Bankroll: 44,000-2,000=42,000
v. Bankroll: 52,000-2000=50,000
......

Since I won, I'll do another spread out:
1 BTC for 10 BTC investment on http://ipo.letsdice.com

Caveat Emptor

[towtoad]

another 8 sent:

https://blockchain.info/zh-cn/tx/a67874288a3c1033e915d2e429602e88df2cbc7c8cb17448d72ff26e9e1dda18

[zy02264]

13aoaC9M8UEPdMC5NdpZUayePzf2VJWrTG

Thank you

[kmtan]

unable to get the fulfill with the condition.

[towtoad]

1 for 10 investment on letsdice.com from towtoad; see https://bitcointalk.org/index.php?topic=288036.msg3142838#msg3142838

https://blockchain.info/zh-cn/address/14D24fyfZqVDL1RuBb9doumrDcRn8w5NEM

[towtoad]

10 for 100 investment on letsdice.com from towtoad; see https://bitcointalk.org/index.php?topic=288036.msg3142838#msg3142838

https://blockchain.info/zh-cn/tx/22fab814eeb04c25d74ba1d628e2e4bb50e4ec7a0eb5b9fddc6c6a6b68fe9a97

[Vycid]

Is anyone even trying to hide the fact that this is a ponzi scheme?

It can be statistically proven that you have better odds at SatoshiDice, considering that the people running this scam are going to take a cut.

[towtoad]

Is anyone even trying to hide the fact that this is a ponzi scheme?

Nothing to hide.

It can be statistically proven that you have better odds at SatoshiDice, considering that the people running this scam are going to take a cut.

1. Can you show to us how you get your statistical proof?
2. "going to take a cut", is your speculation, or a fact? if it's a fact, do you have any proof?

[001sonkit]

Is anyone even trying to hide the fact that this is a ponzi scheme?

It can be statistically proven that you have better odds at SatoshiDice, considering that the people running this scam are going to take a cut.

Determine yourself
https://bitcointalk.org/index.php?topic=293412.msg3145236#msg3145236

[Rawted]

Ah hell, i'll bite. doing a charity toy drive again this year in november, so whatever lands in the wallet will go to that.

btw, you have balls of solid stone betting 300btc at a time.

1MgGeeafffxqqJFzsxDA2MXt8iu93tUT6h

[Vycid]

Is anyone even trying to hide the fact that this is a ponzi scheme?

Nothing to hide.

It can be statistically proven that you have better odds at SatoshiDice, considering that the people running this scam are going to take a cut.

1. Can you show to us how you get your statistical proof?
2. "going to take a cut", is your speculation, or a fact? if it's a fact, do you have any proof?

I need to deal with 2. before I can get to 1. Are you going to tell me, in a public arena, that you will take no profit from this venture? Seriously, go ahead. I will shut up until you have provably violated that statement. Which you will.

As for 1.: The expectation value for a betting system where there is a house cut, martingale or not, is always negative. If 2. is the case, and there's an ADDITIONAL cut for this operation, you're better off just cutting out the middleman.

The thinking here is that the odds of the martingale blowing up can be reduced by generating a huge sum to bet with - "deep pockets". Two problems with this.

The first is that, after enough bets, any martingale without an infinite wallet to back it will inevitably blow up. There are a limited number of coins, so an infinite wallet is clearly not happening.

The second one is that any gambling site which DOESN'T already have a bet limit will soon have one. So when you get your inevitable bad luck, and the Martingale needs to double down a few times to get its money back, you're going to run into bet limits. This will force the martingale to implode more quickly than it would otherwise.

So you'll probably be ahead for a while, because the odds are in your favor. Then you're going to have bad luck and lose a lot of money.

Investors: skip the bullshit and do a few 97.6562% bets on SD.

Edit: Well, nevermind all that about point 2. He was perfectly upfront about his own cut.

House Edge: LetsDice.com will have a house edge of 1.98%

This will be distributed in the following ways:

1% as site profit (his cut)
0.5% as player referral bonuses (ponzi fuel)
0.48% adds to the jackpot

In case all of your eyes have become trained to ignore this warning:

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

It's really pretty genius, I'll admit. You don't have to actually steal the coins out of the ponzi at the end, like most scams - instead you'll eventually lose all of them in a Martingale disaster, which "isn't your fault". At least not legally. But by then it won't matter that you've lost everyone else's coins; you'll already have taken your cut.

You've invented a way to steal money away from idiots without it counting as stealing. Bravo.

[drawingthesun]

Ah hell, i'll bite. doing a charity toy drive again this year in november, so whatever lands in the wallet will go to that.

btw, you have balls of solid stone betting 300btc at a time.

1MgGeeafffxqqJFzsxDA2MXt8iu93tUT6h

The guy once bet 222 btc 2x payout about 10 - 20 times in a row on Just-Dice. He is 4,000 bitcoin up and is worth at least 10,000 bitcoin. Towtoad is very wealthy.

[Rawted]

Ah hell, i'll bite. doing a charity toy drive again this year in november, so whatever lands in the wallet will go to that.

btw, you have balls of solid stone betting 300btc at a time.

1MgGeeafffxqqJFzsxDA2MXt8iu93tUT6h

The guy once bet 222 btc 2x payout about 10 - 20 times in a row on Just-Dice. He is 4,000 bitcoin up and is worth at least 10,000 bitcoin. Towtoad is very wealthy.

The wealthy part is cool, i hope it brings him happiness. But yeah, brass balls for sure.

[pheaonix]

1Ke2DumVHaq5gpYG2rXa8G3AnAC9ZFXFHi

[towtoad]

Is anyone even trying to hide the fact that this is a ponzi scheme?

Nothing to hide.

It can be statistically proven that you have better odds at SatoshiDice, considering that the people running this scam are going to take a cut.

1. Can you show to us how you get your statistical proof?
2. "going to take a cut", is your speculation, or a fact? if it's a fact, do you have any proof?

I need to deal with 2. before I can get to 1. Are you going to tell me, in a public arena, that you will take no profit from this venture? Seriously, go ahead. I will shut up until you have provably violated that statement. Which you will.

As for 1.: The expectation value for a betting system where there is a house cut, martingale or not, is always negative. If 2. is the case, and there's an ADDITIONAL cut for this operation, you're better off just cutting out the middleman.

The thinking here is that the odds of the martingale blowing up can be reduced by generating a huge sum to bet with - "deep pockets". Two problems with this.

The first is that, after enough bets, any martingale without an infinite wallet to back it will inevitably blow up. There are a limited number of coins, so an infinite wallet is clearly not happening.

The second one is that any gambling site which DOESN'T already have a bet limit will soon have one. So when you get your inevitable bad luck, and the Martingale needs to double down a few times to get its money back, you're going to run into bet limits. This will force the martingale to implode more quickly than it would otherwise.

So you'll probably be ahead for a while, because the odds are in your favor. Then you're going to have bad luck and lose a lot of money.

Investors: skip the bullshit and do a few 97.6562% bets on SD.

Edit: Well, nevermind all that about point 2. He was perfectly upfront about his own cut.

House Edge: LetsDice.com will have a house edge of 1.98%

This will be distributed in the following ways:

1% as site profit (his cut)
0.5% as player referral bonuses (ponzi fuel)
0.48% adds to the jackpot

In case all of your eyes have become trained to ignore this warning:

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

It's really pretty genius, I'll admit. You don't have to actually steal the coins out of the ponzi at the end, like most scams - instead you'll eventually lose all of them in a Martingale disaster, which "isn't your fault". At least not legally. But by then it won't matter that you've lost everyone else's coins; you'll already have taken your cut.

You've invented a way to steal money away from idiots without it counting as stealing. Bravo.

completely off-topic.

[Vycid]

Is anyone even trying to hide the fact that this is a ponzi scheme?

Nothing to hide.

It can be statistically proven that you have better odds at SatoshiDice, considering that the people running this scam are going to take a cut.

1. Can you show to us how you get your statistical proof?
2. "going to take a cut", is your speculation, or a fact? if it's a fact, do you have any proof?

I need to deal with 2. before I can get to 1. Are you going to tell me, in a public arena, that you will take no profit from this venture? Seriously, go ahead. I will shut up until you have provably violated that statement. Which you will.

As for 1.: The expectation value for a betting system where there is a house cut, martingale or not, is always negative. If 2. is the case, and there's an ADDITIONAL cut for this operation, you're better off just cutting out the middleman.

The thinking here is that the odds of the martingale blowing up can be reduced by generating a huge sum to bet with - "deep pockets". Two problems with this.

The first is that, after enough bets, any martingale without an infinite wallet to back it will inevitably blow up. There are a limited number of coins, so an infinite wallet is clearly not happening.

The second one is that any gambling site which DOESN'T already have a bet limit will soon have one. So when you get your inevitable bad luck, and the Martingale needs to double down a few times to get its money back, you're going to run into bet limits. This will force the martingale to implode more quickly than it would otherwise.

So you'll probably be ahead for a while, because the odds are in your favor. Then you're going to have bad luck and lose a lot of money.

Investors: skip the bullshit and do a few 97.6562% bets on SD.

Edit: Well, nevermind all that about point 2. He was perfectly upfront about his own cut.

House Edge: LetsDice.com will have a house edge of 1.98%

This will be distributed in the following ways:

1% as site profit (his cut)
0.5% as player referral bonuses (ponzi fuel)
0.48% adds to the jackpot

In case all of your eyes have become trained to ignore this warning:

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

It's really pretty genius, I'll admit. You don't have to actually steal the coins out of the ponzi at the end, like most scams - instead you'll eventually lose all of them in a Martingale disaster, which "isn't your fault". At least not legally. But by then it won't matter that you've lost everyone else's coins; you'll already have taken your cut.

You've invented a way to steal money away from idiots without it counting as stealing. Bravo.

completely off-topic.

Yeah, that's right. It's a fucking scam.

If the off-topic bit bothered you, you should never have engaged with me in the first place.

Here's a challenge for you - reinvest 100% of your cut and dividends into this venture for the next calendar year, since you claim this is a legitimate, high-return business. How does that sound?

[towtoad]

Ah hell, i'll bite. doing a charity toy drive again this year in november, so whatever lands in the wallet will go to that.

btw, you have balls of solid stone betting 300btc at a time.

1MgGeeafffxqqJFzsxDA2MXt8iu93tUT6h

The guy once bet 222 btc 2x payout about 10 - 20 times in a row on Just-Dice. He is 4,000 bitcoin up and is worth at least 10,000 bitcoin. Towtoad is very wealthy.

The wealthy part is cool, i hope it brings him happiness. But yeah, brass balls for sure.

It's sad that the world isn't working as you've been imagining... Huh?

[Vycid]

Ah hell, i'll bite. doing a charity toy drive again this year in november, so whatever lands in the wallet will go to that.

btw, you have balls of solid stone betting 300btc at a time.

1MgGeeafffxqqJFzsxDA2MXt8iu93tUT6h

The guy once bet 222 btc 2x payout about 10 - 20 times in a row on Just-Dice. He is 4,000 bitcoin up and is worth at least 10,000 bitcoin. Towtoad is very wealthy.

The wealthy part is cool, i hope it brings him happiness. But yeah, brass balls for sure.

It's sad that the world isn't working as you've been imagining... Huh?

Pirateat40 made a lot more money than you have.

The world works exactly as I imagine.

[towtoad]

2 for 20 investment on letsdice.com from towtoad; see https://bitcointalk.org/index.php?topic=288036.msg3142838#msg3142838

https://blockchain.info/zh-cn/tx/2569279a64de63e548f98819711a238f6bd61c563894c3a46650a54d63356671