Hi All,
I’m making an extremely difficult public statement to hopefully provide a warning to the Dash community.
On Sunday morning I managed to lose all of my Darkcoins on Directbet dice. The total loss was 28,000DRK and represents all of my holdings. My mistake was simple…make a big loss and then lose track desperately trying to win it back. I have made enquiries with various parties about buying back in but unfortunately I do not have enough FIAT to do so.
This happened incredibly easily. I am a man who has never gambled before being involved in crypto althouh I have done consultancy work for gambling companies in the past. I was a regular better on Directbet and almost always ended up breaking even or finishing up on the day. On Sunday, circumstances, bad decisions and maths caught up with me.
With regard to Directbet I believe their dice game is provably fair in terms of probablity and maths however I have some concerns at how their site was functioning under a DDOS attack at the time.
When I asked Directbet some simple questions about my losses their answers have been at times contradictory and not aligned with my experiences which I find to be quite troubling. Directbet have also refused to provide me with a contact address so that I can formally ask a list of questions via my solicitor. Whilst I take full responsibility for my actions I also feel that I may not have made such a huge initial loss if Directbet had suspended betting while their site was under attack and inaccessible. I was unable to see a visual reference of how much I had won or lost and I believe this contributed to a lack of visibility of my actions and to contributed to me making such a huge initial loss. Obviously my attempts to win my coins back was my decision alone.
I believe that probably fair is not just about maths, it is also about providing a level playing field for your customers.
Despite the significant financial loss that I have incurred, one of the worst feelings for me is the fact that the thousands of hours I have invested in Darkcoin/Dash will never bare fruit for me. I take some comfort in the fact that those of you who hold on to your darkcoins might reap some rewards. I do have roughly 1.5DRK left so if you could all work really hard and make that worth $100k I’d be reall grateful
I don’t feel that am able to continue to work on Dash so I asked Evan to remove me from the team website on Monday. I am also extremely frustrated because most of my business contacts were waiting for a rebranding before they adopted Dash. When I feel less sore about what has happened I will pull the details of those contacts together and pass them on to Fernando/Minotaur and who knows I might be at peace with myself enough to follow up some leads myself.
Beyond the financial loss I have unforgiveably let my family down and this breaks my heart most of all.
I’ll always be hoping and looking for a way to rebuild my Dash but I expect that the future is too bright for the coin for me to ever afford it.
Don’t be lulled into a false sense of security people. Bet sensibly. I didn’t and I’m a broken man.
2014 and 2015 have not been kind to me crypto-wise. In total I have either had stolen or thrown away the equivalent of nearly 50k DRK. Protect your wallets too!
Much love.
Dan
