DiceBitco.in - New Thread to Discuss

[a1choi]

Handing out these refunds likely scarred investors away which ultimately lead to having a bank roll that is not capable of sustaining a little bit of bad luck.

By the looks of it this wasn't "a little bit of bad luck".

From what I'm hearing people who stayed invested for Mateo have lost around 85% of their investment. Losing 85% of your site's bankroll with a dynamic 0.5% max profit is more than just "a little bit of bad luck".

mateo would have to win 380 MAX BETS at 49.5/2x in a row to do that sort of damage.  And remember that Mateo was betting no where near the Max Bet in the beginning.  His biggest bets being 2BTC?  or was it 1.  i forget already.

[tatterz]

Welp as an investor, I lost 2.5 of my 3 bitcoins. I came home from an exhausting workday to find the bankroll had been eaten alive, therefore me making a larger % of the roll, had lost 2.5 bitcoins to this "Mateo". Before leaving for work, I had a decent profit.

As a college student, this is a lot of money to me, especially considering I bought at $900+

This type of shenanigans makes me want turn my back on Bitcoin. Its been nothing but a massive money pit - I lose money at every turn. Dooglus is the light in a dark environment. He provided trust to a trust-less system. He is knowledgeable, trustworthy, helpful and ran a service that was second-to-none. He is one of the most respectful figures I've seen in the Bitcoin space. After I found out he was promoting a new site I could invest in, well, my ears perked up.

I should have known better than to chase after "the next Just-Dice". I have only myself to blame for losing more than I could have afforded to. I took a stupid risk.

Dooglus, If you're reading this, please move to Mexico so you can open Just-Dice again! /comic relief

[marcotheminer]

Handing out these refunds likely scarred investors away which ultimately lead to having a bank roll that is not capable of sustaining a little bit of bad luck.

By the looks of it this wasn't "a little bit of bad luck".

From what I'm hearing people who stayed invested for Mateo have lost around 85% of their investment. Losing 85% of your site's bankroll with a dynamic 0.5% max profit is more than just "a little bit of bad luck".

mateo would have to win 380 MAX BETS at 49.5/2x in a row to do that sort of damage.  And remember that Mateo was betting no where near the Max Bet in the beginning.  His biggest bets being 2BTC?  or was it 1.  i forget already.

He was betting at 0.75 when the max profit was 0.8, I remember seeing. (all on 2x payout)

[jaysabi]

It looks like the site will keep running? Trollbox is gone, but there is still a "bankroll" showing (can it be verified to exist?) and people are still gambling there currently.

[a1choi]

Handing out these refunds likely scarred investors away which ultimately lead to having a bank roll that is not capable of sustaining a little bit of bad luck.

By the looks of it this wasn't "a little bit of bad luck".

From what I'm hearing people who stayed invested for Mateo have lost around 85% of their investment. Losing 85% of your site's bankroll with a dynamic 0.5% max profit is more than just "a little bit of bad luck".

mateo would have to win 380 MAX BETS at 49.5/2x in a row to do that sort of damage.  And remember that Mateo was betting no where near the Max Bet in the beginning.  His biggest bets being 2BTC?  or was it 1.  i forget already.

He was betting at 0.75 when the max profit was 0.8, I remember seeing. (all on 2x payout)

he was betting at 1 when max was around 2.5.  i dont remember if he had started playing before the BR crash to 500.  Does anyone remember him playing at bankroll around 1500?

[Quickseller]

Handing out these refunds likely scarred investors away which ultimately lead to having a bank roll that is not capable of sustaining a little bit of bad luck.

By the looks of it this wasn't "a little bit of bad luck".

From what I'm hearing people who stayed invested for Mateo have lost around 85% of their investment. Losing 85% of your site's bankroll with a dynamic 0.5% max profit is more than just "a little bit of bad luck".

like I said they should roll back mateos bets. But a bankroll that has players betting the max a high percentage of the time will be adversely affected if one person has a little bit of good luck. I would say that not all of the 15% losses that investors sustained were from him (most probably were) but some percentage were from other legit players who had a lucky streak and stopped.

[Mt. Gox]

So what's the deal? Was Mateo just really, really lucky or was there something fishy going on (i.e. he found an exploit in the system)?

[m19]

Welp as an investor, I lost 2.5 of my 3 bitcoins. I came home from an exhausting workday to find the bankroll had been eaten alive, therefore me making a larger % of the roll, had lost 2.5 bitcoins to this "Mateo". Before leaving for work, I had a decent profit.

As a college student, this is a lot of money to me, especially considering I bought at $900+

This type of shenanigans makes me want turn my back on Bitcoin. Its been nothing but a massive money pit - I lose money at every turn. Dooglus is the light in a dark environment. He provided trust to a trust-less system. He is knowledgeable, trustworthy, helpful and ran a service that was second-to-none. He is one of the most respectful figures I've seen in the Bitcoin space. After I found out he was promoting a new site I could invest in, well, my ears perked up.

I should have known better than to chase after "the next Just-Dice". I have only myself to blame for losing more than I could have afforded to. I took a stupid risk.

Dooglus, If you're reading this, please move to Mexico so you can open Just-Dice again! /comic relief

Bankroll management. Don't invest what you can't miss. Consider it a lesson

[der_troll]

Any news from dicebitcoin regarding this? Who invested another 500BTC in the site??? This is just wrong

[GeoRW]

Handing out these refunds likely scarred investors away which ultimately lead to having a bank roll that is not capable of sustaining a little bit of bad luck.

By the looks of it this wasn't "a little bit of bad luck".

From what I'm hearing people who stayed invested for Mateo have lost around 85% of their investment. Losing 85% of your site's bankroll with a dynamic 0.5% max profit is more than just "a little bit of bad luck".

In other thread he said something about the rogue employee who also inserted some malicous code for skipping losing bets (setting bet amount to zero) for his own account. So that might be the cause. Even if Manl's intentions were good, it is a huge fuckup on BD side. He should have stopped betting/withdrawals and thoroughly investigate before doing anything to make it all even worse.
I divested and withdrew as soon as I found out he started to refund. At that time I wasn't sure if he would be able to cover all of the losses as he had still no clue about the extent of the damage done and was investigating just one account at a time.
I wanted to return back once all is settled (even if he would decide to rollback the bets and profit on my BD account would be negative). Now, when the site is -330 BTC down, all trust is gone. Sad to see another dice site fail.

[marcotheminer]

Handing out these refunds likely scarred investors away which ultimately lead to having a bank roll that is not capable of sustaining a little bit of bad luck.

By the looks of it this wasn't "a little bit of bad luck".

From what I'm hearing people who stayed invested for Mateo have lost around 85% of their investment. Losing 85% of your site's bankroll with a dynamic 0.5% max profit is more than just "a little bit of bad luck".

like I said they should roll back mateos bets. But a bankroll that has players betting the max a high percentage of the time will be adversely affected if one person has a little bit of good luck. I would say that not all of the 15% losses that investors sustained were from him (most probably were) but some percentage were from other legit players who had a lucky streak and stopped.

Too late, from what I've heard and read around here, it seems a withdrawal was processed for mateo which adds to the dishonesty. To think that dicebitcoin would still payout after all the chaos, instead of suspending betting is just completely incomprehensible.

[bittathisbittathat]

Any news from dicebitcoin regarding this? Who invested another 500BTC in the site??? This is just wrong

Looks like mateo 'won' 500 coins from the bankroll and then became the bankroll. The run he went on is near impossible (waiting for someone less lazy to work out the standard deviation), couple that with the incredibly weird betting pattern of mass betting for long periods followed by a long pause then repeating. ADD that to the fact this happened the day after the sites biggest security flaw....

[vinboy]

ok i got my coins back.. thanks OP

[marcotheminer]

ok i got my coins back.. thanks OP

Have any proof?

For reference for others:

i dunno what to say.
i put borrowed money on the site. now gone?

[snarlpill]

I have been wanting to start a "News" section on my website for a while now, just haven't had time with other projects. This whole, unfiltered story will be a great piece to start the section. I will try to do it unbiased, but will definitely list all the proofs that Mateo was most likely manl, and that they were skipping High Roller's (for the most part) winning bets, etc. I will make sure to pimp out some SEO with it so that whenever future people Google DiceBitco.in (if it still exits then) thinking about investing/playing, my story will come up and they will be forewarned and hopefully prevented from being scammed. I'll definitely post a link here to the story when it's done.

[vinboy]

this is my client.. it shows withdrawals from DB

here
https://www.dropbox.com/s/6m7xvnkgk2yjlsg/dicebetcoin-bitcointalk.png?dl=0

uh.. should have cut the whole address section.. nvm..

[tinova79]

This is the transaction from DB:

https://blockchain.info/tx/895089f71ce05b9b5d673779592494b5a0dac74a350c67b3612e9958fe04ff8e

I wasn't able to withdraw before due to a bug (i left 1 satoshi in the site).

Having said this, I've never ever going to deposit anything in that site, just in case ...

[vinboy]

now i do believe that the dev didn't purposely plan this event.
Maybe it was the bad employee thing.

hope after this is settled the dev would write something about this event.

thanks dev for the withdrawals.

EDIT: however I did lose 2 BTC martingaling yesterday or the day before.. didn't check for the skip nonce bug.

[wayshegoes]

Final cold wallet funds ended up in these 2 addresses. Are we expected to believe nobody has withdrawn since then? Not one single satoshi?

https://blockchain.info/address/1N61semERRahc7ivnDT9botTzU8GmZ3bP3
https://blockchain.info/address/132cHaSFGVbakQVsSwzR1Y3QPFXZ1WPyi1

Someone explain why the last of the cold wallet funds reside here and are untouched.

I've not looked at the numbers involved, but is it possible that those addresses belong to a couple of large investors who successfully withdrew their coins?

I don't know. The user who posted directly below your post seems to own the smaller of the two, but the remainder has been moved here.

https://blockchain.info/address/1NLdqkJRooQqHHBycnXEdA9R5N5TJb2biB

This accounts for the entire remainder of the sites cold wallet, yet people are claiming they were paid out. Maybe I'm missing something huge or blatantly obvious.

[Martijnvdc]

My support ticket said they wouldn't pay back my 0.3 BTC...
Here's the quote again:

Hi there,

investments are not refundable because they were affected positively by the found "bug".

If you have any other issue please report.

Thank you.

It's a scam... They claim i was affected positively, even though they stole my money...