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[Zebra]

In case someone didn't know, there is a new updated message on the site.

28 May 2014

As an operator of the site, again I'm really sorry for the inconvenience and delayed investigation. Cold wallets are currently under control of our major investor (as you can see our bankroll grows in substansial amount in the second day of launch). The major investor will be able to release the coin only after investigation is confirmed and finished.

Why would they give control of their wallets to an investor?

Its really more suspicious. why they gave their cold wallet to investor. are they buying time or what.

as I told you all before the investors could have been part of the scam, when a con men works he dont work alone but with others, and some of the conmen could be in this very room but without proof people are just gonna back them up. They guy could be an established btc member and you wont even know it cause he was with a shill account all this time

The most established member commenting in this thread recently are dooglus and Stunna lol .

I agree that the owner of Ed may have been watching this thread all the time, and is laughing with all the bitcoin in his wallet.

[dooglus]

The most established member commenting in this thread recently are dooglus and Stunna lol .

I agree that the owner of Ed may have been watching this thread all the time, and is laughing with all the bitcoin in his wallet.

Oh, that would be a good conspiracy theory!

dooglus set up ED and made it fail to show people that you should only trust established sites like JD!

Only problem is that ED was too well designed to be a dooglus site. 

[Zebra]

The most established member commenting in this thread recently are dooglus and Stunna lol .

I agree that the owner of Ed may have been watching this thread all the time, and is laughing with all the bitcoin in his wallet.

Oh, that would be a good conspiracy theory!

dooglus set up ED and made it fail to show people that you should only trust established sites like JD!

Only problem is that ED was too well designed to be a dooglus site. 

See, I told you it is possible Ed have been watching the thread closely lol.
Of course, I am just joking with you doog.

[Joca97]

The most established member commenting in this thread recently are dooglus and Stunna lol .

I agree that the owner of Ed may have been watching this thread all the time, and is laughing with all the bitcoin in his wallet.

Oh, that would be a good conspiracy theory!

dooglus set up ED and made it fail to show people that you should only trust established sites like JD!

Only problem is that ED was too well designed to be a dooglus site. 

lol you have a point there haha

but i loved EDs design very very much

[omahapoker]

or stunna is using this to roll out PD3 and PD4



if i was sato-dice i would be looking over my shoulder

[MICRO]

The most established member commenting in this thread recently are dooglus and Stunna lol .

I agree that the owner of Ed may have been watching this thread all the time, and is laughing with all the bitcoin in his wallet.

Oh, that would be a good conspiracy theory!

dooglus set up ED and made it fail to show people that you should only trust established sites like JD!

Only problem is that ED was too well designed to be a dooglus site. 

hahah... Very true , very true. Who knows maybe stunna and dooglus are the same person , who know we can be anything and anybody on the internet .

[littlebox]

with CrowdDice.com there would never be such a problem, you'll never play against the house, but against other players

bad luck for 1DiCe1 and investors

Same at ED.  You weren't playing against the site, you were playing against the investors.  The site made a profit from every bet, just like you do on your site.

It's much the same.  You could decide to run off with player funds at any time, since you hold them which the bets are pending.

Glad to see you commented on my post, dooglus.  I see you as one of the most trust-worthy members in this forum.

I really like your site, Just-Dice. It has way more payout & profit levels than my site, so it's currently the best for professional dice players. And not a direct competition of my site. As my site is more intended for casual players, such as a small simple dice game between community friends.

However, there're a few differences I'd like to clarify between "Investor" on ED or JD and game creators on my site

1. Unlike investor, game creators are players themselves, so has the potential to instantly double his/her wager ( or lose it if bad luck )

2. Unlike investor, profits of Game creators is not proportional how much they put in my site, it's about turn-arounds, Ideally, game creators can deposit only enough fund to create one game, and re-create the game as soon as it's played by a player.  So game creators don't really need to put in a lot of fund at once.

3. Unlike investor, Game creator has control over how their game is visible to the players, through our creator link system, he/she can advertise his/her games and increase the rate it's played.

Of course I may get something wrong, dooglus please feel free to correct me

 

[omahapoker]

i took everydice off my site. it was hard cuz i like ed and was rooting for his website to do well.



live and let learn

[littlebox]

Honestly speaking, I feel it's really not ED's intention to run away.

They most likely know they can be very profitable in the long run, but bad luck came to the House. If they don't run and pay out 1DiCe1, they risk losing all their investors' faith.

Why at CrowdDice.com this won't happen?

Because unlike investors, game creators know they're playing dice games, not something like a mutual fund investment, and will understand a dice game could cost their wager.

Also unlike investors, game creators has the control over how their game is constructed, say a creator with 1 btc can choose to create 1 game of 1 btc, or he/she can creator 100 games of 0.01 btc each or even 1000 games of 0.001 btc each. I think in 1DiCe1's situation, the creator with 1000 games of 0.001 btc each will not feel a thing, and the creator with 1 btc will know he/she lost a dice game, and that is it.

That means game creators will have full knowledge that how his/her portfolio is managed. So in some sense, game creator is like Investor V2.0, supplying the fund, knowing their risks, and able to manage the risks.

As long as creators and players are happy, a dice site lives, and admin like me stay in business. And the longer I stay in business, the more money I make. Knowing there's a very stable long-term profitability reduce my urge to run in the short-term

By these, I am not saying my site is better than JD or PD. In fact, I still feel JD is the best for professional dice players, just want to point out the differences.

[dooglus]

By these, I am not saying my site is better than JD or PD. In fact, I still feel JD is the best for professional dice players, just want to point out the differences.

Right, and all I'm saying is that if you or I "turn evil", we can still run off with player funds.  Being player-vs-player doesn't change that.

[Mobius7]

OP (https://bitcointalk.org/index.php?action=profile;u=227245) logged in his account yesterday, but he don't even care to make an update here with a make-up story

[Nobitcoin]

Is the site gonna be back soon? What happened to the investors coins?

[Mobius7]

Is the site gonna be back soon? What happened to the investors coins?

We don't know, but to be honest, the situation doesn't look good at all...

[boumalo]

Is the site gonna be back soon? What happened to the investors coins?

We don't know, but to be honest, the situation doesn't look at all...

Honestly speaking, I feel it's really not ED's intention to run away.

They most likely know they can be very profitable in the long run, but bad luck came to the House. If they don't run and pay out 1DiCe1, they risk losing all their investors' faith.

Why at CrowdDice.com this won't happen?

Because unlike investors, game creators know they're playing dice games, not something like a mutual fund investment, and will understand a dice game could cost their wager.

Also unlike investors, game creators has the control over how their game is constructed, say a creator with 1 btc can choose to create 1 game of 1 btc, or he/she can creator 100 games of 0.01 btc each or even 1000 games of 0.001 btc each. I think in 1DiCe1's situation, the creator with 1000 games of 0.001 btc each will not feel a thing, and the creator with 1 btc will know he/she lost a dice game, and that is it.

That means game creators will have full knowledge that how his/her portfolio is managed. So in some sense, game creator is like Investor V2.0, supplying the fund, knowing their risks, and able to manage the risks.

As long as creators and players are happy, a dice site lives, and admin like me stay in business. And the longer I stay in business, the more money I make. Knowing there's a very stable long-term profitability reduce my urge to run in the short-term

By these, I am not saying my site is better than JD or PD. In fact, I still feel JD is the best for professional dice players, just want to point out the differences.

It doesn't look good because ED is not even making the effort to post a message everyday or every two days

People run away with the money on non Bitcoin companies as well

[MICRO]

By these, I am not saying my site is better than JD or PD. In fact, I still feel JD is the best for professional dice players, just want to point out the differences.

Right, and all I'm saying is that if you or I "turn evil", we can still run off with player funds.  Being player-vs-player doesn't change that.

Exactly what i said. Any owner can turn evil and run with all the coins , and there is nothing we can do about it. Since nobody of u guys give any personal info to anybody.

So we can only hope there are some legit sites (that know they will earn more being legit than scammers) , but still there is no way we know what sites are 100% legit and will stay that way and what are not.

There is always a risk , we just need to be aware of it , and be prepared for losing ours money . So again that bring us back to the biggest point of all, "Bet/deposit only what u can afford to lose!"

[littlebox]

Guys, it seems being anonymous is the norm for dice site operators. Personally I want to  make a difference, and is right now thinking about register my site under a legal entity such as a limited company, but would that give you more faith in my site?

Also, anyone know about whether it is officially legal to run a bitcoin dice site like JD or PD or CrowdDice.com?  If that's not really legal of course anyone would stay away from registration.

[littlebox]

By these, I am not saying my site is better than JD or PD. In fact, I still feel JD is the best for professional dice players, just want to point out the differences.

Right, and all I'm saying is that if you or I "turn evil", we can still run off with player funds.  Being player-vs-player doesn't change that.

Yeah

But ED didn't "turn evil" because he want to be evil. Instead, he was forced to be "evil" , because this 1DiCe1 situation, otherwise I'm sure he will stay here for much longer. Agree?

with CrowdDice.com, no one can FORCE me to "turn evil", not any super lucky player, not angry & disappointed Investor.

Of course one day I can just "turn evil" myself and run away. But just like I said before, the future prospective of a very stable long-term income reduce my urge to run away in the short term

 

[MICRO]

Guys, it seems being anonymous is the norm for dice site operators. Personally I want to  make a difference, and is right now thinking about register my site under a legal entity such as a limited company, but would that give you more faith in my site?

Also, anyone know about whether it is officially legal to run a bitcoin dice site like JD or PD or CrowdDice.com?  If that's not really legal of course anyone would stay away from registration.

Its not rly legal, but its not rly illegal also . So u are good with it .

[MICRO]

By these, I am not saying my site is better than JD or PD. In fact, I still feel JD is the best for professional dice players, just want to point out the differences.

Right, and all I'm saying is that if you or I "turn evil", we can still run off with player funds.  Being player-vs-player doesn't change that.

Yeah

But ED didn't "turn evil" because he want to be evil. Instead, he was forced to be "evil" , because this 1DiCe1 situation, otherwise I'm sure he will stay here for much longer. Agree?

with CrowdDice.com, no one can FORCE me to "turn evil", not any super lucky player, not angry & disappointed Investor.

Of course one day I can just "turn evil" myself and run away. But just like I said before, the future prospective of a very stable long-term income reduce my urge to run away in the short term

 

Nope i dont agree. I think he wanted to be evil from the start. Just waited to get to some goal (like 300 btc) on his site and then shut down.

[littlebox]

By these, I am not saying my site is better than JD or PD. In fact, I still feel JD is the best for professional dice players, just want to point out the differences.

Right, and all I'm saying is that if you or I "turn evil", we can still run off with player funds.  Being player-vs-player doesn't change that.

Yeah

But ED didn't "turn evil" because he want to be evil. Instead, he was forced to be "evil" , because this 1DiCe1 situation, otherwise I'm sure he will stay here for much longer. Agree?

with CrowdDice.com, no one can FORCE me to "turn evil", not any super lucky player, not angry & disappointed Investor.

Of course one day I can just "turn evil" myself and run away. But just like I said before, the future prospective of a very stable long-term income reduce my urge to run away in the short term

 

Nope i dont agree. I think he wanted to be evil from the start. Just waited to get to some goal (like 300 btc) on his site and then shut down.

If so, ED could just shut down the site and run, no one could find him, since he's anonymous, why the mess with 1DiCe1?