BitDice Robbed Investors? CSNO lost 80% value

[joksim299]

Bitdice announced that it will use a part of the 25% of the collected ICO funds for

"Aquiring necessary licenses to be able to operate with fiat currencies as a traditional gambling entity across as many regions as possible."

Since when does Bitdice operate with fiat currencies?

They do not accept fiat.

You removed your previous post and posted again because? Pretty ridiculous in my opinion...

Anyway, we haven't claimed we accept fiat and neither has the 25% that was dedicated for that and other business expansion been depleted yet so I don't know what kind of a point you are trying to make.

You're pretty pathetic to be honest, trying to just get attention by posting again when you don't get any responses lol.

Edit: To add, BitDice is actually well within budget regarding business expansion despite the image joksim is trying (and failing) to build.

Investors are well at loss.
Bitdice spent 348651$ in salaries while they built nothing since ICO. Total of 2,000,000$ investors money successfully transfered to the Bitdice team.
Investors are paying for owner traveling, overpay server rent and office rent.
Most investors are gambling away worthless CSNO
Q4 report is now published at https://medium.com/@BitDice/bitdice-casino-quarterly-report-q4-2019-1464449bc3cf

Its pretty clear where Bitdice is heading

[game-protect]

Anyway, we haven't claimed we accept fiat and neither has the 25% that was dedicated for that and other business expansion been depleted yet so I don't know what kind of a point you are trying to make.

I have no idea what kind of brain damage you suffer, but the ICO clearly claimed that you will use a part of the collected funds to aquire necessary licenses to be able to operate with fiat currencies as a traditional gambling entity across as many regions as possible!

[game-protect]

Kind reminder

1) 65% of the collected 1,461 BTC = 950 Bitcoins are kept and stored, where are they?

2) 65% of the collected 16,716 ETH = 10,865 Ethereum are kept and stored, where are they?

3) 65% of the collected 4,629 LTC = 3,009 Litecoins are kept and stored, where are they?

4) 65% of the collected 134,225 IOTA = 87,246 IOTA are kept and stored, where are they?

5) 65% of the collected 40,498,734 DOGE = 26,324,183 DOGE are kept and stored, where are they?

[joksim299]

They have opened new official (second) thread at https://bitcointalk.org/index.php?topic=5230718.0

[joksim299]

'Someone' exploited BitDice and emptied their hot wallet > https://bitcointalk.org/index.php?topic=5230718.msg54108193#msg54108193

[joksim299]

Take a look at BitDice.me investors unite topic, started by Pascal257 https://bitcointalk.org/index.php?topic=5255297.msg54612080#msg54612080

[FinneysTrueVision]

I remember asking them on reddit when they first launched their ICO if there was any relation between BitDice and BetKIng since there was so many similarities. They were both based in Costa Rica, their ICO website had a similar template, and both tokens had the same total supply with 70% being sold to the public. They denied there was any relation between the two casinos but now it looks like they were just money grabs which had no intention of fulfilling their promises.

[suzanne5223]

The company reside location and token allocation with the template is no genuine evidence that BitDice and BetKing belong to the same committee and I still don't understand the reason why the BitDice casino chooses not to fulfill the promises said during their ICO but at least they launch campaign and still responding every claim which mean they can still fulfill the promises.
Mind you, fund management could the cause of all this

[andulolika]

I remember asking them on reddit when they first launched their ICO if there was any relation between BitDice and BetKIng since there was so many similarities. They were both based in Costa Rica, their ICO website had a similar template, and both tokens had the same total supply with 70% being sold to the public. They denied there was any relation between the two casinos but now it looks like they were just money grabs which had no intention of fulfilling their promises.

Do you have any idea how many bitcoin casinos are based in Costa Rica? If they aren't there it's always same countries, you cannot believe they are connected just because of that.

And second, give to me one legit reason i could think the two are related?

I believe you talk bullshit. l will mostly ignore whatever your "mindset" says since i know how legit bitdice is since it started, you cannot compare them , i don't know bet-king's history but whatever you could think of regarding either of the two casinos has nothing to do with the other.

[FinneysTrueVision]

I remember asking them on reddit when they first launched their ICO if there was any relation between BitDice and BetKIng since there was so many similarities. They were both based in Costa Rica, their ICO website had a similar template, and both tokens had the same total supply with 70% being sold to the public. They denied there was any relation between the two casinos but now it looks like they were just money grabs which had no intention of fulfilling their promises.

Do you have any idea how many bitcoin casinos are based in Costa Rica? If they aren't there it's always same countries, you cannot believe they are connected just because of that.

And second, give to me one legit reason i could think the two are related?

I believe you talk bullshit. l will mostly ignore whatever your "mindset" says since i know how legit bitdice is since it started, you cannot compare them , i don't know bet-king's history but whatever you could think of regarding either of the two casinos has nothing to do with the other.

I didn't expect the BitDice shills to get so worked up over something I had speculated upon several years ago.

I simply noticed that there was a lot of coincidences between the two casinos so out of curiosity I asked whether there was any relation. They said there wasn't and I took them at their word and invested in their ICO. Now that the token price has tanked and the owner has come under fire for not delivering on his promises or paying investors it's like deja vu to when BetKing started falling apart.

It could be that the similarities are purely coincidental but that's of very little comfort to investors who have been left holding the bag while BitDice accomplishes nothing significant while racking up huge expenses.

[andulolika]

I remember asking them on reddit when they first launched their ICO if there was any relation between BitDice and BetKIng since there was so many similarities. They were both based in Costa Rica, their ICO website had a similar template, and both tokens had the same total supply with 70% being sold to the public. They denied there was any relation between the two casinos but now it looks like they were just money grabs which had no intention of fulfilling their promises.

Do you have any idea how many bitcoin casinos are based in Costa Rica? If they aren't there it's always same countries, you cannot believe they are connected just because of that.

And second, give to me one legit reason i could think the two are related?

I believe you talk bullshit. l will mostly ignore whatever your "mindset" says since i know how legit bitdice is since it started, you cannot compare them , i don't know bet-king's history but whatever you could think of regarding either of the two casinos has nothing to do with the other.

I didn't expect the BitDice shills to get so worked up over something I had speculated upon several years ago.

I simply noticed that there was a lot of coincidences between the two casinos so out of curiosity I asked whether there was any relation. They said there wasn't and I took them at their word and invested in their ICO. Now that the token price has tanked and the owner has come under fire for not delivering on his promises or paying investors it's like deja vu to when BetKing started falling apart.

It could be that the similarities are purely coincidental but that's of very little comfort to investors who have been left holding the bag while BitDice accomplishes nothing significant while racking up huge expenses.

Token price doesn't change cut on your share of casino's profit. Also, i'm no shill i just defend projects i know and that i want to believe in.

[FinneysTrueVision]

Token price doesn't change cut on your share of casino's profit. Also, i'm no shill i just defend projects i know and that i want to believe in.

Lol, there is no profit to be shared. They just make up a report on Google Docs and tell investors they're gonna be keeping all the money this quarter.

[joksim299]

Its almost the end of 2020 nothing happened and no quarterly reports since 2019  

CSNO is delisted from https://coinmarketcap.com/currencies/bitdice/ and you can only sell it back to Bitdice for 300 sats

[joksim299]

Still no financial reports, zero in 2020.
They added new layout but still nothing as promised in whitepaper.
Their new thread is self moderated since they do not want any negative posts there, you should avoid that thread if you have any concerns and post it here https://bitcointalk.org/index.php?topic=5304380.0

[joksim299]

We're still waiting for 2020 reports

[joksim299]

Overview od BitDice discord channel

[PoorRichard]

I am posting this answer on behalf of the management:


This answer to several ignorant allegations is going to be solitary and final. Please be acknowledged that further communications will be held solely in the form of quarterly reports.

To begin with, as it has been clearly stated before, CSNO is a dividend token. That means the token holder is entitled to receive a share of Casino's profit. That's it, period.

Nevertheless, to dispel the unfounded accusations, please see below.

The initial price has been $8.4m/100m tokens = $0.084 per token.

With the buyback program running on the website, one can instantly sell CSNO approximately at 50% of the ICO price.

Sure enough, it is a remarkable upshot taking into consideration more than two years passed since tokens were issued.

Should one decide to dig deeper into BitDice financial matters, they are very welcomed to scrutinize the Quarterly reports, which are published on Medium.

As for the BitDice development pace,  the team admits that the buildout period has been significantly more than it has been initially planned and announced.

Due to business nature, it was hard to predict all the obstacles that had arisen. It's almost impossible to open a bank account for crypto-related companies in the EU, not to mention gambling as business activity. As an example, attempts to fix an agreement with Wirecard related to fiat payments processing took almost a year and finally ended in vain due to circumstances that were out of the team's control.

Moreover, at one point it has been decided to cease certain activities until the launch of the new website, which is currently under the final stage of development.

Still waiting for those quarterly reports.  There hasn’t been a single report or Satoshi of dividends since you thieves wrote this “solitary and final” FUCK YOU to the investors that were scammed. 

I see $900,000 in profits currently on lazycryptoinvestor.  If we even get a report it will just report how Alexes lawyers and Costa Rican whores ate all our “profits”.

Write a fucking report you scoundrels!

[Ssjaak]

Hi all.. I am a ICO investor and noticed that I received no dividend for a while and CSNO delisted everywhere. Can someone tell me what I can do with my tokens? Can I sell them or is there something in return?

[PoorRichard]

Hi all.. I am a ICO investor and noticed that I received no dividend for a while and CSNO delisted everywhere. Can someone tell me what I can do with my tokens? Can I sell them or is there something in return?

Clearly, we’ve been robbed.

What legitimate company doesn’t produce quarterly reports for over a year, and pockets all the returns, while paying no attention to the fact the coin has been delisted everywhere…WHILE trying to buy back the coins for 1/2 the ICO price…

Alex/Alan/@BoXXob are just scammy thieves.

[janggernaut]

Hi all.. I am a ICO investor and noticed that I received no dividend for a while and CSNO delisted everywhere. Can someone tell me what I can do with my tokens? Can I sell them or is there something in return?

https://coinmarketcap.com/currencies/bitdice/

Too bad for all Bitdice investors, CSNO token even got delisted on Coinmarketcap and it says "untracked" which mean even this token is tradeable, it's not listed on big exchange.

I was thought they are legit because their site is still running until now, but i also didn't see any update regarding their token since long time ago.