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Author Topic: bustabit.com -- The Social Gambling Game  (Read 293994 times)
Babba D
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yes my email is 49kasimk@gmail.com


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November 01, 2014, 09:08:28 PM
 #661

the cashout button doesnt work and thats why i lost some huge coins , fine .... admin you should recover my coins Smiley


Works well and instant WD, please dont try to blackmail, nice site anyway just lack design

lol i am not blackmailing u willl understand when u will loose ur money on cashout button problem , i wish god make u loose and make u feel Cheesy

erwin45
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November 01, 2014, 10:54:59 PM
 #662

the cashout button doesnt work and thats why i lost some huge coins , fine .... admin you should recover my coins Smiley


Works well and instant WD, please dont try to blackmail, nice site anyway just lack design

lol i am not blackmailing u willl understand when u will loose ur money on cashout button problem , i wish god make u loose and make u feel Cheesy


im not associated with moneypot, im just a user playing there just like you, and its working fine for me, instant WD

jaysabi
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November 02, 2014, 12:01:33 AM
 #663

the cashout button doesnt work and thats why i lost some huge coins , fine .... admin you should recover my coins Smiley

Surely an accusation about a glitch that's so sparse on details is legit!

Seriously, you didn't include a single detail that can be used to help you in any way. You also have a scam accusation against you already, and negative trust. You can see why people aren't going to take this post seriously, right? As far as I know, nobody else has had a problem with the cashout button.
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November 02, 2014, 12:41:26 AM
 #664

i wish god make u loose and make u feel Cheesy

What kind of asshole believes in God then invokes him as their private army?

GTFO

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Domino
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November 02, 2014, 02:36:04 AM
 #665

i wish god make u loose and make u feel Cheesy

What kind of asshole believes in God then invokes him as their private army?

GTFO


Did you forget to pray to god for helping you to win your game lol?

dooglus
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November 02, 2014, 08:13:08 AM
 #666

look at what happened at dice ninja who you both promoted for! ...now what is this madess? it sounds complicated and dodgy! :[ no i'd not trust this idea

How is my forum signature ad in any way related to the current discussion?

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November 02, 2014, 03:50:05 PM
 #667

Ok, good explanation. I may have gotten some of it, but just for clarification: How is this new investment scheme different from having the investors just plug in a percentage of what they want to risk based on what they have physically (digitally, bitcoiny) deposited?

Or, in other words, the site just looks at the amount actually deposited, and the percentage of risk depends on that. The amount that is claimed that is off-site can be ignored. Or does that still somehow factor into the computation?

dooglus
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November 02, 2014, 03:57:36 PM
 #668

Ok, good explanation. I may have gotten some of it, but just for clarification: How is this new investment scheme different from having the investors just plug in a percentage of what they want to risk based on what they have physically (digitally, bitcoiny) deposited?

Or, in other words, the site just looks at the amount actually deposited, and the percentage of risk depends on that. The amount that is claimed that is off-site can be ignored. Or does that still somehow factor into the computation?

No.

Re-read my post here which answers those questions:

That's not any different then having the same investor just put in 10 BTC and risk 10% of it, and another one sending 1 BTC and risking 100%.

If you send 10 BTC and risk 10%, you lose 1 BTC on the first bet, 0.9 on the 2nd bet.

On the other hand if you invest 1000 BTC but only send 10%, and say you want to risk 0.1%, then again you lose 1 BTC on the first bet, but on the 2nd bet you have 999 left and so risk 0.999 BTC on the 2nd bet.

Notice that 0.9 is different than 0.999. That is the difference.

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November 02, 2014, 04:33:09 PM
 #669

So, it becomes a fraction of a fraction that you actually sent? Does that mean, if I'm risk averse, I can pretend to have 10000 BTC, send only 1%, and risk 0.1% ... and do all the math, and... I won't have a problem if I don't actually have the imaginary BTC as long as the site doesn't continually keep losing?

When does the site ever request you to deposit the rest of the money? What happens if they don't deposit? The losses just stop because there isn't anything more left on the site as far as that particular investor is concerned?

If I understand it, this also means that the investor that risks only 0.1% also just gains 0.1% of the profits or whatever is his proportional share (less commissions later.)

There must be some sort of minimum amount the investor has to actually send to make this work right? There seems to be a lot less risk to the investor.

I mean, what if I "invest" 100k BTC (which I probably don't have), and only send in 10 BTC (and risk 0.0001% or whatever is the correct number for this example). Then as long as the site doesn't eat up those 10 BTC (on site), I make a profit and risk less at the same time, and the house, usually wins (or the house always wins in the long term.)

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November 03, 2014, 12:10:54 AM
 #670

What's with the newbie calling out trusted people?

Get out of my kitchen.
dooglus
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November 03, 2014, 12:27:30 AM
 #671

your last two ventures failed...

No, my last two ventures were hugely successful. dice.ninja wasn't mine in any respect.

fact is :  moneypot promoted for dice ninja so there is still some unanswered questions

Moneypot isn't mine in any respect either. So again I ask: what is your point?

And if there are unanswered questions, why don't you ask them?

+ now you are pushing this "investment" ?  

No, I'm trying to explain how it works to people who are having a hard time understanding it. I came up with the idea around a year ago, with a view to implementing it for Just-Dice, but I saw too many potential downsides (gamblers seeing this new investment scheme as a fun +EV way of gambling, reducing the real action on the site, pushing out the more desirable long-term conservative investors, allowing rich-but-timid investors to dominate the bankroll and take almost all the profit, the risks of messing up the implementation when I already had a working system, and I'm sure more that I've since forgotten).

Roll Eyes         ~"backed by doog" lol

You're an idiot. At no point have I said that moneypot, dice.ninja, etc. are "backed by doog".

What's with the newbie calling out trusted people?

Get out of my kitchen.

He's not a newbie. He's the same old troll as before.

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November 03, 2014, 04:11:52 AM
 #672

Quote
There must be some sort of minimum amount the investor has to actually send to make this work right? There seems to be a lot less risk to the investor.
Ryan mentioned there will be some minimum investor contribution, to be considered an active investor. It's just an anti-spam measure, so I'd guess it'd be less than 0.01 BTC or something, but I haven't seen anything concrete.
I was talking about the minimum amount to send based on what you claim you have off-site, so we avoid those fake mega-investors who are actually just full-blown gambling. And I also agree on an actual minimum invested amount of about 0.01 BTC (or less). You can always accept small deposits, no one can withdraw anything below the minimum tx fee amount anyways.
You will be able to do that, although it's definitely not something desirable....
So from the casino's perspective, it's not a great thing, and it would be preferable if gamblers use the gambling site of the game, and investors the investing.
This is a concern, as the investors want gamblers to play, and gambling whales want invested coins to win.
No, I'm trying to explain how it works to people who are having a hard time understanding it.
He's not a newbie. He's the same old troll as before.
For everyone else, I think we're talking about the BB-??-BB guy that spammed to death another thread with useless drivel. Very low IQ people tend to have very high EQ to compensate. They are usually passionate to the extreme but are completely wrong about the whole thing. Best to ignore them.

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November 03, 2014, 05:27:47 AM
 #673

nice thout Good Luck with ur site ..............

erwin45
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November 03, 2014, 09:31:07 AM
 #674

anyone got trouble connecting to moneypot or is it just me?

IamNotSure
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November 03, 2014, 10:16:38 AM
 #675

anyone got trouble connecting to moneypot or is it just me?

Do they have an invest option ? If yes they've probably run with the money... pot !!  Shocked
erwin45
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November 03, 2014, 10:24:18 AM
 #676

anyone got trouble connecting to moneypot or is it just me?

Do they have an invest option ? If yes they've probably run with the money... pot !!  Shocked


dont think so, still cant, connecting to server and it shows nothing

ttman
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November 03, 2014, 10:37:10 AM
 #677

anyone got trouble connecting to moneypot or is it just me?

Do they have an invest option ? If yes they've probably run with the money... pot !!  Shocked


dont think so, still cant, connecting to server and it shows nothing

same here , showing connecting to sever Sad

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November 03, 2014, 10:42:25 AM
 #678

anyone got trouble connecting to moneypot or is it just me?

Do they have an invest option ? If yes they've probably run with the money... pot !!  Shocked


dont think so, still cant, connecting to server and it shows nothing

same here , showing connecting to sever Sad

Game server is up but SSL connections fail Sad Guess we have to wait for Eric or Ryan to get it back up. You can still withdraw in the meantime.

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November 03, 2014, 01:30:05 PM
 #679

how long has site been down?
mezmerizer9
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November 03, 2014, 01:58:02 PM
 #680

Hi Guys,

You might know me as the author of BitUndo and Bitcoin Vigil, well today I'd like to let you see the latest project I've been working on ... a bitcoin gambling site!

https://www.moneypot.com/ -- A Social Bitcoin Gambling Game



It's based on quite a unique concept  ( I came up with myself ), and it's quite simple and fun. The game is mostly luck (So no matter what you do, you can still get a good return) but yet allow strategic play when playing with others, enough to overcome the house edge.

Faq
House Edge Calculator
Strategy Guide

If you want to give it a try without commitment, there's a builtin faucet that gives out 2 bits (2 millionths of a bitcoin) an hour.

Any feedback is highly appreciated. Everything should be 100% functional, including deposits and withdraws -- and you can have peace of mind, that the funds are safe against hacking (they're stored completely offline, with bip32 generated addresses), and I hope to release a proof of solvency shortly.

Yes! I love this game, played it once the whole day. And the best part is their own faucet so you dont have to deposit if you dont want to. Cheesy really fun game.


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