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Author Topic: [HAVELOCK] CasinoBitco.in CBTC  (Read 149315 times)
AllInBit
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October 04, 2014, 02:38:41 PM
 #601

When will the financial report be ready? Thanks.
casinobitco
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October 04, 2014, 02:43:40 PM
 #602

Shooting for Monday afternoon!

When will the financial report be ready? Thanks.

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October 04, 2014, 02:45:29 PM
 #603

Lol - I can tell you guys that we have people attempt to blackmail and extort us daily, this isn't anything new.

Coming to bitcointalk to 'brag' about is a bit new though... but just another day in the life of casinobitco.in




Found a bug and have taken advantage of it for over 2 BTC so far in the last month. I have cashed out fully my account's balance and profits in the last week as well. My balance is 0.

I am trying to get CSBC to pay 0.50 BTC for the bug info to be released to them and have the 0.50 BTC put into an escrow's possession until proven I won 2+ BTC off this bug. There are three reasons I am selling the info instead of continuing to take advantage of it (I will continue though if the bounty isn't paid):

1) The bug doesn't work every time but works more often then not and easily overcomes the house edge in the end.

2) BTC value continues to fall so I'm going to be gambling more in USD in the future as its hard to gamble when your initial amount already is worth less than an hour previous...

3) I've talked one on one with the casinobitco.in owner in the past and hes a nice guy. I've made a good amount from my find but feel I shouldn't hit his business too hard cause ultimately he is a nice guy and one of the few gambling operators I actually want to succeed in this market.

I sent support an email and have yet to hear back. Lets get this bounty escrowed, bug explained and get on with things. I think this is a reasonable offer to you guys that I am offering.

Thank you.

You sure make blackmail sound charitable.

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October 04, 2014, 04:00:13 PM
 #604

Lol - I can tell you guys that we have people attempt to blackmail and extort us daily, this isn't anything new.

Coming to bitcointalk to 'brag' about is a bit new though... but just another day in the life of casinobitco.in




Found a bug and have taken advantage of it for over 2 BTC so far in the last month. I have cashed out fully my account's balance and profits in the last week as well. My balance is 0.

I am trying to get CSBC to pay 0.50 BTC for the bug info to be released to them and have the 0.50 BTC put into an escrow's possession until proven I won 2+ BTC off this bug. There are three reasons I am selling the info instead of continuing to take advantage of it (I will continue though if the bounty isn't paid):

1) The bug doesn't work every time but works more often then not and easily overcomes the house edge in the end.

2) BTC value continues to fall so I'm going to be gambling more in USD in the future as its hard to gamble when your initial amount already is worth less than an hour previous...

3) I've talked one on one with the casinobitco.in owner in the past and hes a nice guy. I've made a good amount from my find but feel I shouldn't hit his business too hard cause ultimately he is a nice guy and one of the few gambling operators I actually want to succeed in this market.

I sent support an email and have yet to hear back. Lets get this bounty escrowed, bug explained and get on with things. I think this is a reasonable offer to you guys that I am offering.

Thank you.

You sure make blackmail sound charitable.

Intense! Good to hear you guys are on top of it Smiley

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October 07, 2014, 01:46:43 AM
 #605

FYI - September / Q3 2014 Report is going through some edits and proof-reads, we will post on Havelock tomorrow PM!

MidwestMiner
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October 07, 2014, 05:36:34 AM
 #606

Found a bug and have taken advantage of it for over 2 BTC so far in the last month. I have cashed out fully my account's balance and profits in the last week as well. My balance is 0.

I am trying to get CSBC to pay 0.50 BTC for the bug info to be released to them and have the 0.50 BTC put into an escrow's possession until proven I won 2+ BTC off this bug. There are three reasons I am selling the info instead of continuing to take advantage of it (I will continue though if the bounty isn't paid):

1) The bug doesn't work every time but works more often then not and easily overcomes the house edge in the end.

2) BTC value continues to fall so I'm going to be gambling more in USD in the future as its hard to gamble when your initial amount already is worth less than an hour previous...

3) I've talked one on one with the casinobitco.in owner in the past and hes a nice guy. I've made a good amount from my find but feel I shouldn't hit his business too hard cause ultimately he is a nice guy and one of the few gambling operators I actually want to succeed in this market.

I sent support an email and have yet to hear back. Lets get this bounty escrowed, bug explained and get on with things. I think this is a reasonable offer to you guys that I am offering.

Thank you.

That's a real cunt right there! FYI, pretty sure you would have gotten a full BTC as finders fee if you weren't such a loser douche.
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October 07, 2014, 08:05:53 PM
 #607

Found a bug and have taken advantage of it for over 2 BTC so far in the last month. I have cashed out fully my account's balance and profits in the last week as well. My balance is 0.

I am trying to get CSBC to pay 0.50 BTC for the bug info to be released to them and have the 0.50 BTC put into an escrow's possession until proven I won 2+ BTC off this bug. There are three reasons I am selling the info instead of continuing to take advantage of it (I will continue though if the bounty isn't paid):

1) The bug doesn't work every time but works more often then not and easily overcomes the house edge in the end.

2) BTC value continues to fall so I'm going to be gambling more in USD in the future as its hard to gamble when your initial amount already is worth less than an hour previous...

3) I've talked one on one with the casinobitco.in owner in the past and hes a nice guy. I've made a good amount from my find but feel I shouldn't hit his business too hard cause ultimately he is a nice guy and one of the few gambling operators I actually want to succeed in this market.

I sent support an email and have yet to hear back. Lets get this bounty escrowed, bug explained and get on with things. I think this is a reasonable offer to you guys that I am offering.

Thank you.

That's a real cunt right there! FYI, pretty sure you would have gotten a full BTC as finders fee if you weren't such a loser douche.
he probaly has nothing and is trying to  con his way to a freebie of .5 btc. who the fuk extorts for that little,people that are bluffin ,thats who. some factions of humans are a very slimy
casinobitcoin (OP)
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October 08, 2014, 05:51:21 AM
 #608

CasinoBitco.in's September/Q3 2014 Report is posted:

https://www.havelockinvestments.com/reportdownload.php?id=123


Unfortunately, our quarterly net income result was a negative 16.8102 btc for Q3, negating the possibility for a dividend. However, over the next quarter, we expect several expenses to actually decrease, all while continuing to grow at the 10%+ monthly rate we have thus far. We still felt this was a very strong quarter for CasinoBitco.in both development-wise and in terms of building traffic, however, for reasons we highlight in the report. We're very eager to close the year on a positive note!

While Havelock unit holders might be discouraged by the lack of dividend, we want to remind everyone that we are a very young company that’s in a pretty competitive marketplace that will soon become a Billion Dollar industry. We couldn’t be better positioned, as we're the only Bitcoin Casino with Provably Fair games and a full-featured Sportsbook - not to mention Bit777 and our upcoming Peerbet 2.0!

We will continue to focus our skunks-work team into building and enhancing new features across all our properties. We've grown completely organic and have stayed pretty lean throughout inception. In just a few short months, once we feel our product is ready for the masses, we will spend money marketing to the big gambling portals - this will give us incredible lift and exposure to the broader Online Gaming Community.



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October 08, 2014, 07:41:16 AM
 #609

Thanks!
    Can we see more details abot some rows in table? For example Contractor Development (who, when...), 3rd party bookmarker service etc. Are you planning to release some more detailed report?

CasinoBitco.in's September/Q3 2014 Report is posted:

https://www.havelockinvestments.com/reportdownload.php?id=123


Unfortunately, our quarterly net income result was a negative 16.8102 btc for Q3, negating the possibility for a dividend. However, over the next quarter, we expect several expenses to actually decrease, all while continuing to grow at the 10%+ monthly rate we have thus far. We still felt this was a very strong quarter for CasinoBitco.in both development-wise and in terms of building traffic, however, for reasons we highlight in the report. We're very eager to close the year on a positive note!

While Havelock unit holders might be discouraged by the lack of dividend, we want to remind everyone that we are a very young company that’s in a pretty competitive marketplace that will soon become a Billion Dollar industry. We couldn’t be better positioned, as we're the only Bitcoin Casino with Provably Fair games and a full-featured Sportsbook - not to mention Bit777 and our upcoming Peerbet 2.0!

We will continue to focus our skunks-work team into building and enhancing new features across all our properties. We've grown completely organic and have stayed pretty lean throughout inception. In just a few short months, once we feel our product is ready for the masses, we will spend money marketing to the big gambling portals - this will give us incredible lift and exposure to the broader Online Gaming Community.




Habbeat - beat your habits more effective way!!!
Always empty box(no cat also no coin): 1SHM1tiur2iNBCVxCBr7vAJ84PrPZ6d6v
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October 08, 2014, 11:05:54 AM
 #610

Hi!

This is the level of detail that traditional investors see in major markets, for example - take a look at JPM Chase for reference : http://investor.shareholder.com/JPMorganChase/earnings.cfm

Candidly this is far more detail than what's being shared from other publicly traded Bitcoin companies on any exchange (not that is necessarily a great litmus test or bar)

All said - as a sign of good will - I will personally share every receipt for any Havelock unit holder that owns more than 2% of 600,000 units of CBTC - just PM me for my personal e-mail address and we can work offline.



Thanks!
    Can we see more details abot some rows in table? For example Contractor Development (who, when...), 3rd party bookmarker service etc. Are you planning to release some more detailed report?

CasinoBitco.in's September/Q3 2014 Report is posted:

https://www.havelockinvestments.com/reportdownload.php?id=123


Unfortunately, our quarterly net income result was a negative 16.8102 btc for Q3, negating the possibility for a dividend. However, over the next quarter, we expect several expenses to actually decrease, all while continuing to grow at the 10%+ monthly rate we have thus far. We still felt this was a very strong quarter for CasinoBitco.in both development-wise and in terms of building traffic, however, for reasons we highlight in the report. We're very eager to close the year on a positive note!

While Havelock unit holders might be discouraged by the lack of dividend, we want to remind everyone that we are a very young company that’s in a pretty competitive marketplace that will soon become a Billion Dollar industry. We couldn’t be better positioned, as we're the only Bitcoin Casino with Provably Fair games and a full-featured Sportsbook - not to mention Bit777 and our upcoming Peerbet 2.0!

We will continue to focus our skunks-work team into building and enhancing new features across all our properties. We've grown completely organic and have stayed pretty lean throughout inception. In just a few short months, once we feel our product is ready for the masses, we will spend money marketing to the big gambling portals - this will give us incredible lift and exposure to the broader Online Gaming Community.




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October 08, 2014, 12:56:10 PM
Last edit: October 08, 2014, 01:24:53 PM by _mr_e
 #611

You say that this is to become a highly competitive billion dollar industry... have you given thought to the idea that centralized gambling services may not be competitive in the wake of new decentralized gambling platforms? For instance NEOdice is about to be released which is a fully decentralized dice game that will get its provably fair random numbers from the nxt blockchain. This game will run as a DAC. Jl777's SuperNET platform will also include a full suite of decentralized casino games as well as p2p sportsbetting which will easily be able to take less of a house edge due to the game's ability to run themselves on top of a blockchain as a DAC.

I'm starting to wonder if just taking the old way of doing things and tacking bitcoin on top is not going to be able to compete with services that are actually taking advantage of the true power of the blockchain and decentralized tech to create brand new experiences, more cheaply. After all, isn't the whole point of this movement to decentralize everything?
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October 08, 2014, 01:26:27 PM
 #612

The goal is to be ready for when BTC goes on S-Curve adoption to get the 99% of the world who is not in Crypto already playing in a casino that uses BTC.  

Yes, and people will play the games that have the smallest house edge, which will get very thin due to the much lower expenses DAC's have to deal with.
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October 08, 2014, 01:29:00 PM
 #613

You say that this is to become a highly competitive billion dollar industry... have you given thought to the idea that centralized gambling services may not be competitive in the wake of new decentralized gambling platforms? For instance NEOdice is about to be released which is a fully decentralized dice game that will get its provably fair random numbers from the nxt blockchain. This game will run as a DAC. Jl777's SuperNET platform will also include a full suite of decentralized casino games as well as p2p sportsbetting which will easily be able to take less of a house edge due to the game's ability to run themselves on top of a blockchain as a DAC.

I'm starting to wonder if just taking the old way of doing things and tacking bitcoin on top is not going to be able to compete with services that are actually taking advantage of the true power of the blockchain and decentralized tech to create brand new experiences, more cheaply. After all, isn't the whole point of this movement to decentralize everything?

After all, isn't the whole point of this movement to decentralize everything?

People need to start realizing that decentralization sounds fantastic and all, but really, its not as great as you think. Lots of crypto people are excited about decentralized exchanges / games etc. Outside of crypto, people hate decentral. Goodluck finding people to play on a decentralized platform, invest on a decentral platform etc.

Than your forgetting about regulations regarding gambling and exchanges. Maybe you won't follow them, good for you, goodluck attracting actual investors or gaining new players. We live in a world that likes regulations. Oh, and no one is going to use NXT. The NXT asset exchange pretty much guaranteed it won't ever become big. Thats a nice instant ban if it ever starts to pick up pace, again, most people won't break the law to use a cryptocurrency when they can just use their fiat.


I think CasinoBitco.in's real concerns should be when larger casino's start to accept BTC.
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October 08, 2014, 01:32:49 PM
 #614

You say that this is to become a highly competitive billion dollar industry... have you given thought to the idea that centralized gambling services may not be competitive in the wake of new decentralized gambling platforms? For instance NEOdice is about to be released which is a fully decentralized dice game that will get its provably fair random numbers from the nxt blockchain. This game will run as a DAC. Jl777's SuperNET platform will also include a full suite of decentralized casino games as well as p2p sportsbetting which will easily be able to take less of a house edge due to the game's ability to run themselves on top of a blockchain as a DAC.

I'm starting to wonder if just taking the old way of doing things and tacking bitcoin on top is not going to be able to compete with services that are actually taking advantage of the true power of the blockchain and decentralized tech to create brand new experiences, more cheaply. After all, isn't the whole point of this movement to decentralize everything?

After all, isn't the whole point of this movement to decentralize everything?

People need to start realizing that decentralization sounds fantastic and all, but really, its not as great as you think. Lots of crypto people are excited about decentralized exchanges / games etc. Outside of crypto, people hate decentral. Goodluck finding people to play on a decentralized platform, invest on a decentral platform etc.

Than your forgetting about regulations regarding gambling and exchanges. Maybe you won't follow them, good for you, goodluck attracting actual investors or gaining new players. We live in a world that likes regulations. Oh, and no one is going to use NXT. The NXT asset exchange pretty much guaranteed it won't ever become big. Thats a nice instant ban if it ever starts to pick up pace, again, most people won't break the law to use a cryptocurrency when they can just use their fiat.


I think CasinoBitco.in's real concerns should be when larger casino's start to accept BTC.

A ban? You can't just ban a decentralized system running autonomous agents. What part of the world do you live in? Decentralized games and exchanges don't care about regulations. And as long as you have bitcoin you can get into any crypto system you wish friction free. So as long as Bitcoin isn't banned these other system will thrive as well.

Anyway I am not looking for an argument here, I am simply stating some risks that we should be aware of as investors in a company. This isn't something to get all emotional about. The future will not care about our emotions or investments.
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October 08, 2014, 03:19:44 PM
 #615

CasinoBitco.in's September/Q3 2014 Report is posted:

https://www.havelockinvestments.com/reportdownload.php?id=123


Unfortunately, our quarterly net income result was a negative 16.8102 btc for Q3, negating the possibility for a dividend. However, over the next quarter, we expect several expenses to actually decrease, all while continuing to grow at the 10%+ monthly rate we have thus far. We still felt this was a very strong quarter for CasinoBitco.in both development-wise and in terms of building traffic, however, for reasons we highlight in the report. We're very eager to close the year on a positive note!

While Havelock unit holders might be discouraged by the lack of dividend, we want to remind everyone that we are a very young company that’s in a pretty competitive marketplace that will soon become a Billion Dollar industry. We couldn’t be better positioned, as we're the only Bitcoin Casino with Provably Fair games and a full-featured Sportsbook - not to mention Bit777 and our upcoming Peerbet 2.0!

We will continue to focus our skunks-work team into building and enhancing new features across all our properties. We've grown completely organic and have stayed pretty lean throughout inception. In just a few short months, once we feel our product is ready for the masses, we will spend money marketing to the big gambling portals - this will give us incredible lift and exposure to the broader Online Gaming Community.



Glad to see you guys are picking up momentum. I hope this is a great long term investment Smiley
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October 08, 2014, 03:40:57 PM
 #616

You say that this is to become a highly competitive billion dollar industry... have you given thought to the idea that centralized gambling services may not be competitive in the wake of new decentralized gambling platforms? For instance NEOdice is about to be released which is a fully decentralized dice game that will get its provably fair random numbers from the nxt blockchain. This game will run as a DAC. Jl777's SuperNET platform will also include a full suite of decentralized casino games as well as p2p sportsbetting which will easily be able to take less of a house edge due to the game's ability to run themselves on top of a blockchain as a DAC.

I'm starting to wonder if just taking the old way of doing things and tacking bitcoin on top is not going to be able to compete with services that are actually taking advantage of the true power of the blockchain and decentralized tech to create brand new experiences, more cheaply. After all, isn't the whole point of this movement to decentralize everything?

After all, isn't the whole point of this movement to decentralize everything?

People need to start realizing that decentralization sounds fantastic and all, but really, its not as great as you think. Lots of crypto people are excited about decentralized exchanges / games etc. Outside of crypto, people hate decentral. Goodluck finding people to play on a decentralized platform, invest on a decentral platform etc.

Than your forgetting about regulations regarding gambling and exchanges. Maybe you won't follow them, good for you, goodluck attracting actual investors or gaining new players. We live in a world that likes regulations. Oh, and no one is going to use NXT. The NXT asset exchange pretty much guaranteed it won't ever become big. Thats a nice instant ban if it ever starts to pick up pace, again, most people won't break the law to use a cryptocurrency when they can just use their fiat.


I think CasinoBitco.in's real concerns should be when larger casino's start to accept BTC.

A ban? You can't just ban a decentralized system running autonomous agents. What part of the world do you live in? Decentralized games and exchanges don't care about regulations. And as long as you have bitcoin you can get into any crypto system you wish friction free. So as long as Bitcoin isn't banned these other system will thrive as well.

Anyway I am not looking for an argument here, I am simply stating some risks that we should be aware of as investors in a company. This isn't something to get all emotional about. The future will not care about our emotions or investments.

You clearly didn't get what I was saying. Yes, they can ban it. They can make it illegal to use. And the rest of the world won't use something thats illegal. NXT's asset exchange directly challenges multiple US laws that will not be changing anytime soon. Not to mention unlicensed gambling. Maybe decentral will work for the tens of thousands of people that believe in decentralization, but billions of people follow the central organization of CasinoBitco.in
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October 08, 2014, 03:49:15 PM
 #617

You say that this is to become a highly competitive billion dollar industry... have you given thought to the idea that centralized gambling services may not be competitive in the wake of new decentralized gambling platforms? For instance NEOdice is about to be released which is a fully decentralized dice game that will get its provably fair random numbers from the nxt blockchain. This game will run as a DAC. Jl777's SuperNET platform will also include a full suite of decentralized casino games as well as p2p sportsbetting which will easily be able to take less of a house edge due to the game's ability to run themselves on top of a blockchain as a DAC.

I'm starting to wonder if just taking the old way of doing things and tacking bitcoin on top is not going to be able to compete with services that are actually taking advantage of the true power of the blockchain and decentralized tech to create brand new experiences, more cheaply. After all, isn't the whole point of this movement to decentralize everything?

After all, isn't the whole point of this movement to decentralize everything?

People need to start realizing that decentralization sounds fantastic and all, but really, its not as great as you think. Lots of crypto people are excited about decentralized exchanges / games etc. Outside of crypto, people hate decentral. Goodluck finding people to play on a decentralized platform, invest on a decentral platform etc.

Than your forgetting about regulations regarding gambling and exchanges. Maybe you won't follow them, good for you, goodluck attracting actual investors or gaining new players. We live in a world that likes regulations. Oh, and no one is going to use NXT. The NXT asset exchange pretty much guaranteed it won't ever become big. Thats a nice instant ban if it ever starts to pick up pace, again, most people won't break the law to use a cryptocurrency when they can just use their fiat.


I think CasinoBitco.in's real concerns should be when larger casino's start to accept BTC.

A ban? You can't just ban a decentralized system running autonomous agents. What part of the world do you live in? Decentralized games and exchanges don't care about regulations. And as long as you have bitcoin you can get into any crypto system you wish friction free. So as long as Bitcoin isn't banned these other system will thrive as well.

Anyway I am not looking for an argument here, I am simply stating some risks that we should be aware of as investors in a company. This isn't something to get all emotional about. The future will not care about our emotions or investments.

You clearly didn't get what I was saying. Yes, they can ban it. They can make it illegal to use. And the rest of the world won't use something thats illegal. NXT's asset exchange directly challenges multiple US laws that will not be changing anytime soon. Not to mention unlicensed gambling. Maybe decentral will work for the tens of thousands of people that believe in decentralization, but billions of people follow the central organization of CasinoBitco.in

Ya and while they're at it they can make bit torrent and piracy illegal as well. People don't use illegal things. Oh wait...

And the constant decline of the share price of cbtc since it's inceptions seem to tell a very different story.
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October 08, 2014, 04:36:45 PM
 #618

Fair enough, thanks!

Hi!

This is the level of detail that traditional investors see in major markets, for example - take a look at JPM Chase for reference : http://investor.shareholder.com/JPMorganChase/earnings.cfm

Candidly this is far more detail than what's being shared from other publicly traded Bitcoin companies on any exchange (not that is necessarily a great litmus test or bar)

All said - as a sign of good will - I will personally share every receipt for any Havelock unit holder that owns more than 2% of 600,000 units of CBTC - just PM me
for my personal e-mail address and we can work offline.

Habbeat - beat your habits more effective way!!!
Always empty box(no cat also no coin): 1SHM1tiur2iNBCVxCBr7vAJ84PrPZ6d6v
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October 08, 2014, 09:14:45 PM
 #619

u guys should look into anoibets style of live betting, the current live betting is terrible.it makes it look like were amateurs.
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October 22, 2014, 04:53:09 PM
 #620

What's the status of Peerbet 2.0?

I think Monero (XMR) is very interesting.
https://moneroeconomy.com/faq/why-monero-matters
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