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Author Topic: SatoshiDICE.com - The World's Most Popular Bitcoin Game  (Read 493220 times)
Randian Hero
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February 28, 2017, 02:43:49 PM
 #5361

The site is now back up with the Dice edge changed to 0.9%

Thanks for your patience. Feel free to contact support with any queries. Good luck with your future rolls!
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February 28, 2017, 03:38:12 PM
 #5362

how does an investment on this site works? or any other gambling site, but specially this one. what i mean is if a make an investment for how long will i be receiving coins, what is the average time for ROI, anyone with experience in this area??

How much you earn a day completely depends on the number of users and of course whether they are winning or losing. We can't give you an approximation unfortunately. However, you can check out our stats page to see how previous investors have done at https://www.satoshidice.com/stats/
Satoshi Dice uses a 1.9% house edge and backers get 50% of the house wins or losses. The slot game uses a 3.5% edge. This means that the dice game gives a 0.95% Expected Value (EV) that is shared by the backers, and the Slot Game gives a 1.75% EV to the backers.

Of course there is always a risk of investing in the bankroll. As you can see from the stats a page -  A player won big on the slots. But as you can also see profit has continued to increase since then.


Why you even make it lowered? You need to make sure that both of you and investor sure to get profit. Even if you lowered the house edge, this will be disadvantages through you and investor. And btw you are still in debt right? And you said last time you are investigate every bet that he made before and now you are lowering the house edge, really does not make any sense

We want to lower the dice edge in order to be competitive with other dice sites. By doing so and with the improvements in security and support, we expect to get more wagers that will benefit us, players and the investors. You can see how the recent slot profit has made up for most of the loss from the big win at https://www.satoshidice.com/stats/#slotGameCumulativeProfitSlot

Yes of course huge wagered will advantage you guys but how about if people keep on winning from your site? Does it not affected your bankroll, since many investor not want this thing happened. With this thing, many investor will get out from this investment. But still i dont understand why you doing this? For the popularity of course but in the long term if many people win on your site, this will not good to your site and investors
SatoshiDICE_PR
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February 28, 2017, 05:49:00 PM
 #5363

The last couple of hours we had some issues with the hardware firewall configuration, preventing players from loading all the files needed to run the site. This issue has been fixed now. Sorry about the problems.

Randian Hero
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March 01, 2017, 12:41:59 AM
 #5364

We have noticed that the state of the Bitcoin network currently requires transaction fees substantially higher than 100 satoshis per kb in order to get confirmed within the first couple of blocks. We have increased the fee to target 200 satoshis per kb in order to ensure quick withdrawals. If you deposit, please make sure to make sure to have the transaction include a sufficient fee!

https://bitcoinfees.21.co/ is a handy tool to see what fee you should use.
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March 01, 2017, 02:17:04 AM
 #5365

The last couple of hours we had some issues with the hardware firewall configuration, preventing players from loading all the files needed to run the site. This issue has been fixed now. Sorry about the problems.

The site is still not loading for me. Just a blank page. I've tried in multiple browsers for a couple hours now.
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March 01, 2017, 10:34:22 AM
 #5366

The last couple of hours we had some issues with the hardware firewall configuration, preventing players from loading all the files needed to run the site. This issue has been fixed now. Sorry about the problems.

The site is still not loading for me. Just a blank page. I've tried in multiple browsers for a couple hours now.

Yeah I got that also. I assumed it was still down again. You gotta clear your cookies and then try again. It should work. If it doesn't do a DNS flush. If that doesn't work then just use another browser and it should work. Try using a browser that you never used on Satoshi dice before and it should work.
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March 01, 2017, 02:10:23 PM
 #5367

It is very nice game where some gamer are enjoying while earning bitcoin. It is a nice way to earn more bitcoin even it is start in small satoshi because butcoin needs satoshi to become a 1 bitcoin.
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March 01, 2017, 03:02:55 PM
 #5368

We have noticed that the state of the Bitcoin network currently requires transaction fees substantially higher than 100 satoshis per kb in order to get confirmed within the first couple of blocks. We have increased the fee to target 200 satoshis per kb in order to ensure quick withdrawals. If you deposit, please make sure to make sure to have the transaction include a sufficient fee!

https://bitcoinfees.21.co/ is a handy tool to see what fee you should use.

Are you guys on the blockchain?
hinterlog
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March 01, 2017, 03:04:50 PM
 #5369

how does an investment on this site works? or any other gambling site, but specially this one. what i mean is if a make an investment for how long will i be receiving coins, what is the average time for ROI, anyone with experience in this area??

How much you earn a day completely depends on the number of users and of course whether they are winning or losing. We can't give you an approximation unfortunately. However, you can check out our stats page to see how previous investors have done at https://www.satoshidice.com/stats/
Satoshi Dice uses a 1.9% house edge and backers get 50% of the house wins or losses. The slot game uses a 3.5% edge. This means that the dice game gives a 0.95% Expected Value (EV) that is shared by the backers, and the Slot Game gives a 1.75% EV to the backers.

Of course there is always a risk of investing in the bankroll. As you can see from the stats a page -  A player won big on the slots. But as you can also see profit has continued to increase since then.


Why you even make it lowered? You need to make sure that both of you and investor sure to get profit. Even if you lowered the house edge, this will be disadvantages through you and investor. And btw you are still in debt right? And you said last time you are investigate every bet that he made before and now you are lowering the house edge, really does not make any sense

We want to lower the dice edge in order to be competitive with other dice sites. By doing so and with the improvements in security and support, we expect to get more wagers that will benefit us, players and the investors. You can see how the recent slot profit has made up for most of the loss from the big win at https://www.satoshidice.com/stats/#slotGameCumulativeProfitSlot

Yes of course huge wagered will advantage you guys but how about if people keep on winning from your site? Does it not affected your bankroll, since many investor not want this thing happened. With this thing, many investor will get out from this investment. But still i dont understand why you doing this? For the popularity of course but in the long term if many people win on your site, this will not good to your site and investors

I've asked some questions in the SD investor page - can I get some answers there or here?
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March 01, 2017, 04:43:47 PM
 #5370

Yes of course huge wagered will advantage you guys but how about if people keep on winning from your site? Does it not affected your bankroll, since many investor not want this thing happened. With this thing, many investor will get out from this investment. But still i dont understand why you doing this? For the popularity of course but in the long term if many people win on your site, this will not good to your site and investors
Investors who do not care that 100s of Bitcoin slot wins were illegally reduced from their account balances, probably do not care either that many players win on satoshidice.

This would be a good question to the investors: Satoshi Dice - Play Instant Bitcoin Dice & Invest in the Bankroll
SatoshiDICE_PR
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March 01, 2017, 05:29:14 PM
 #5371

We have noticed that the state of the Bitcoin network currently requires transaction fees substantially higher than 100 satoshis per kb in order to get confirmed within the first couple of blocks. We have increased the fee to target 200 satoshis per kb in order to ensure quick withdrawals. If you deposit, please make sure to make sure to have the transaction include a sufficient fee!

https://bitcoinfees.21.co/ is a handy tool to see what fee you should use.

Are you guys on the blockchain?

Hi there! Bets are not on the blockchain but obviously deposits and withdrawals are.

ulatec
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March 10, 2017, 02:27:20 PM
Last edit: March 10, 2017, 03:13:31 PM by ulatec
 #5372

Any ETA on the website coming back up from the "routine database maintenance".

Thanks! Smiley

Edit: seems to be up now, shortly after posting this.
adaseb
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March 13, 2017, 08:16:08 AM
 #5373

Any ETA on the website coming back up from the "routine database maintenance".

Thanks! Smiley

Edit: seems to be up now, shortly after posting this.

Well it must of been up for a short while because its down again. Tried clearing all my cookies, DNS cache fresh, and even tried on my mobile device. They are down. Again

Seems people stopped complaining because they gamble somewhere else now.
Randian Hero
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March 13, 2017, 09:38:26 AM
 #5374

Any ETA on the website coming back up from the "routine database maintenance".

Thanks! Smiley

Edit: seems to be up now, shortly after posting this.

Well it must of been up for a short while because its down again. Tried clearing all my cookies, DNS cache fresh, and even tried on my mobile device. They are down. Again

Seems people stopped complaining because they gamble somewhere else now.

Hi! We have been back up and running since ulatec's post on the 10th. Please do let us know if you are having any problems at support@satoshidice.com or our Live Chat via www.satoshidice.com. Thanks!

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March 27, 2017, 12:29:01 PM
 #5375

We have noticed that the state of the Bitcoin network currently requires transaction fees substantially higher than 100 satoshis per kb in order to get confirmed within the first couple of blocks. We have increased the fee to target 200 satoshis per kb in order to ensure quick withdrawals. If you deposit, please make sure to make sure to have the transaction include a sufficient fee!

https://bitcoinfees.21.co/ is a handy tool to see what fee you should use.

Are you guys on the blockchain?


Originally they were, but it would be too expensive to do that anymore since blocksize is limited to 1MB and blocks are always full. 
It's just not feasible to do that anymore.
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March 30, 2017, 01:13:25 AM
 #5376

I would love to get some clarity from Satoshi Dice in terms of who actually owns and runs the site now?

Are the rumors true that it has been bought and sold many times from when Erik Vorhees was involved in the original sale?

How long have the current owners had the site?

To be fair Satoshi Dice has been a mess over the last year or so in terms of usability, trustworthiness and just falling behind the latest Dice sites.

I am still a firm believer this site can be amazing again. But it needs a lot of trust to be earned back.
adaseb
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March 31, 2017, 01:01:42 AM
 #5377

I would love to get some clarity from Satoshi Dice in terms of who actually owns and runs the site now?

Are the rumors true that it has been bought and sold many times from when Erik Vorhees was involved in the original sale?

How long have the current owners had the site?

To be fair Satoshi Dice has been a mess over the last year or so in terms of usability, trustworthiness and just falling behind the latest Dice sites.

I am still a firm believer this site can be amazing again. But it needs a lot of trust to be earned back.

I think its still the same owners since it was sold a few years ago. But lately I think the developers have been very busy with other venues that they don't do much updates or support with the site and its starting to go down-hill.

Like I said before many many times, they should hire someone who can do the support and maintenance of the website whenever it goes down, and whenever someone has a ticket issues. However they don't want to. Maybe they are having capital problems.
game-protect
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April 02, 2017, 03:22:21 AM
 #5378

I would love to get some clarity from Satoshi Dice in terms of who actually owns and runs the site now?

Are the rumors true that it has been bought and sold many times from when Erik Vorhees was involved in the original sale?

How long have the current owners had the site?

To be fair Satoshi Dice has been a mess over the last year or so in terms of usability, trustworthiness and just falling behind the latest Dice sites.

I am still a firm believer this site can be amazing again. But it needs a lot of trust to be earned back.

I think its still the same owners since it was sold a few years ago. But lately I think the developers have been very busy with other venues that they don't do much updates or support with the site and its starting to go down-hill.

Like I said before many many times, they should hire someone who can do the support and maintenance of the website whenever it goes down, and whenever someone has a ticket issues. However they don't want to. Maybe they are having capital problems.
Maybe, but they have at least money to pay for an advertisement campaign here on BitcoinTalk, looking for investors!
TOPBTCCASINOS
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April 04, 2017, 01:56:57 PM
 #5379

I would love to get some clarity from Satoshi Dice in terms of who actually owns and runs the site now?

Are the rumors true that it has been bought and sold many times from when Erik Vorhees was involved in the original sale?

How long have the current owners had the site?

To be fair Satoshi Dice has been a mess over the last year or so in terms of usability, trustworthiness and just falling behind the latest Dice sites.

I am still a firm believer this site can be amazing again. But it needs a lot of trust to be earned back.

I think its still the same owners since it was sold a few years ago. But lately I think the developers have been very busy with other venues that they don't do much updates or support with the site and its starting to go down-hill.

Like I said before many many times, they should hire someone who can do the support and maintenance of the website whenever it goes down, and whenever someone has a ticket issues. However they don't want to. Maybe they are having capital problems.
Maybe, but they have at least money to pay for an advertisement campaign here on BitcoinTalk, looking for investors!

Yeah it is all really fishy

adaseb
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April 04, 2017, 05:18:18 PM
 #5380

I would love to get some clarity from Satoshi Dice in terms of who actually owns and runs the site now?

Are the rumors true that it has been bought and sold many times from when Erik Vorhees was involved in the original sale?

How long have the current owners had the site?

To be fair Satoshi Dice has been a mess over the last year or so in terms of usability, trustworthiness and just falling behind the latest Dice sites.

I am still a firm believer this site can be amazing again. But it needs a lot of trust to be earned back.

I think its still the same owners since it was sold a few years ago. But lately I think the developers have been very busy with other venues that they don't do much updates or support with the site and its starting to go down-hill.

Like I said before many many times, they should hire someone who can do the support and maintenance of the website whenever it goes down, and whenever someone has a ticket issues. However they don't want to. Maybe they are having capital problems.
Maybe, but they have at least money to pay for an advertisement campaign here on BitcoinTalk, looking for investors!

Yeah it is all really fishy

Its hard to say because some of the site outages still exist however a couple weeks ago the admin was online and he fixed many of the issues. I don't think its a scam but I really think the owner is being very negligible. And when it comes to other's people money, that's never a good thing.

I don't understand why they don't hire staff. Around the world there are people willing to work at almost any rates, and it would really help this site.
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