[dicenow.com] btc/ltc casino - 10,000 rolls per click - play/invest - multi edge

[hasher87]

out of all hi/lo game, this is probably one of the best due to the fact that there's a robot (10,000 rolls per click!!) that can set up your strategy variance, as well as the free coin that we can used to utilise to find which strategy are good to use

but other than that, hoping to see a performance fixed on that as well, even simple sometimes it slows down the browser. probably the betting history i guess

[1715694918]

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[dragin33]

Users of bitcoin websites inputs.io and coinlenders recently lost millions of dollars worth of BTC due to the fact that the website operator apparently lied about storing a majority of funds in a cold wallet (either that or he was severely negligent) and a hacker broke in and stole the hot wallet.

https://bitcointalk.org/index.php?topic=328053.0

Your OP says you use a cold wallet but so did inputs.  What protections, specifically, do you use to protect against a hack?  Exactly what percent of funds is stored in a cold wallet?  Do you know what a cold wallet actually is and how to securely use it? (no offence - just burned by inputs.io.)  What is the exact BTC address of your hot and cold wallet (blockchain.info links?) so that investors can monitor this?

If a the hot wallet is hacked, what are the expectations for investors as far as how much money is expected to be returned to investors after the hack?


Having said all that - the site looks nice and I like all the options you've given to both investors and gamblers.  Thanks in advance for answering these questions.

[8fold]

out of all hi/lo game, this is probably one of the best due to the fact that there's a robot (10,000 rolls per click!!) that can set up your strategy variance, as well as the free coin that we can used to utilise to find which strategy are good to use

but other than that, hoping to see a performance fixed on that as well, even simple sometimes it slows down the browser. probably the betting history i guess

+1

Your OP says you use a cold wallet but so did inputs.  What protections, specifically, do you use to protect against a hack?  Exactly what percent of funds is stored in a cold wallet?  Do you know what a cold wallet actually is and how to securely use it? (no offence - just burned by inputs.io.)  What is the exact BTC address of your hot and cold wallet (blockchain.info links?) so that investors can monitor this?

+1

[dicenow]

Users of bitcoin websites inputs.io and coinlenders recently lost millions of dollars worth of BTC due to the fact that the website operator apparently lied about storing a majority of funds in a cold wallet (either that or he was severely negligent) and a hacker broke in and stole the hot wallet.

https://bitcointalk.org/index.php?topic=328053.0

Your OP says you use a cold wallet but so did inputs.  What protections, specifically, do you use to protect against a hack?  Exactly what percent of funds is stored in a cold wallet?  Do you know what a cold wallet actually is and how to securely use it? (no offence - just burned by inputs.io.)  What is the exact BTC address of your hot and cold wallet (blockchain.info links?) so that investors can monitor this?

If a the hot wallet is hacked, what are the expectations for investors as far as how much money is expected to be returned to investors after the hack?


Having said all that - the site looks nice and I like all the options you've given to both investors and gamblers.  Thanks in advance for answering these questions.

the server holding the hot wallet requires standard ssh security to access.
1-2 btc / 50-100 ltc is kept in the hot wallets. if they go over that amount, anything over 1btc / 50ltc is swept to the cold wallet
i use armory and bitcoind to handle the hot/cold wallets
if the hotwallets are hacked, at risk would be up to 1.2% of btc funds, and 0.5% of ltc funds. i could cover that amount out of my personal funds, so investors would take no haircut
this assumes they are hacked anytime other than the 30 seconds after a large deposit is made and before it is swept to the cold wallet. otherwise at risk is the above amount plus whatever the large deposit was

http://block-explorer.com/address/LeBfHHYQ4KaNVLDQkyHydJckuqLQUBsGFi
https://blockchain.info/address/1JM1B87N8ajLhoCwZMuEnGHnBsgZb3acKN
house bankrolls are cumulative, so the amount in the 3% houses should closely track what is in the cold wallets

let me know if you have other questions

[dragin33]

https://blockchain.info/address/1JM1B87N8ajLhoCwZMuEnGHnBsgZb3acKN

Thanks for the info.  Is this the hot or cold wallet?  What is the address for the other?

[dicenow]

https://blockchain.info/address/1JM1B87N8ajLhoCwZMuEnGHnBsgZb3acKN

Thanks for the info.  Is this the hot or cold wallet?  What is the address for the other?

that is the cold. the hotwallet doesnt have one set address since all users get their own disposable deposit addresses that bitcoind creates on the fly.

[dicenow]

lucas had some bad luck

[001sonkit]

Wow, seems the BTC house had been increased quite a lot got some profit 

[dicenow]

bump

[ahbartsch]

Have you thought about adding Peercoin?

[SebastianJu]

There's now over 23 BTC & 3400 LTC invested on the bank roll.

actually the bankrolls are cumulative, so you can't just add them up
it is roughly equal to the 3% house, so right now around 12 btc and 1700 ltc

I found that my investment was split but i would prefer to play with my investment in all percents. I mean the full investment plays in all bets. It looks like at the moment i only can chose to spread them about all percents or put them directly to a percent. But this way i always lose games or a big part of my investment isnt playing.

Could you give the possibility to play with the full amount at all percents?

[SebastianJu]

Is there a chance for change? I would like my full investment play all possible games, not one third for each percent?

[Timetwister]

Why does wagered change so much from one day to another? On the 19th and 20th 0BTC were bet, while there have been days when 300BTC were wagered.

[SebastianJu]

Why does wagered change so much from one day to another? On the 19th and 20th 0BTC were bet, while there have been days when 300BTC were wagered.

Nearly no players?

[Timetwister]

How often does profit from my investments update? I have the same for like 3 days.

[SebastianJu]

How often does profit from my investments update? I have the same for like 3 days.

I believe it changes instantly.

[Timetwister]

How often does profit from my investments update? I have the same for like 3 days.

I believe it changes instantly.

You are right, I have found it at Invest: My investments.

[twentyseventy]

I do like the interface, even if it is a bit slow; I definitely like the multiple kelly options, as well as the 1,2,3% edge options. It looks like LTC has more volume than BTC and that 1/3% edge have more volume than 2% do.

I'm going to invest a bit now spread across BTC and LTC and in the 1% and 3% houses. I'd prefer to put everything in LTC, as it has more volume, but I don't want to take too much exchange risk from BTC/LTC.

[Timetwister]

Are there any other business with the same investment system as Dice Now and Just Dice?

[twentyseventy]

Are there any other business with the same investment system as Dice Now and Just Dice?

Yes, there are a few others such as Nakowa's site (Forget the name) and dicelead.com.

Dicenow, what are the current plans for advertising to Chinese and other players? The site is great but volume is needed.