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Author Topic: Addicted? Can't stop gambling? Lock part of your coins away for a fixed time!  (Read 1627 times)
PRC_May (OP)
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September 14, 2014, 09:39:00 PM
 #21

Several reasons.

1. It needs to be easy and fast. It doesn't get easier than sending coins to a trusted escrow.
2. Throwing away a key? Really think anybody would do that while on the casino rush?
3. It's not only about not accessing them, some like them to be invested in swaps (especially if its a lot of coins 100+) or in the site they're playing on (JD was a relatively good investment back then)
etc etc

A whale just busted 70 coins today even though he pledged hard not to do it. (And he busted before. It repeats..)

Edit: Example: one additional transaction when earning bitcoin/buying/etc. to the escrow cold wallet (like KLYE does now) is so easily done the chances that people do it are much higher than anything else.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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jambola2
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September 15, 2014, 06:53:11 AM
 #22


2. Throwing away a key? Really think anybody would do that while on the casino rush?


Throwing away a key and giving it to you are basically the same thing.

If a person would give it to you while on a "casino rush", they would do the same by locking themselves out.

You have some trust, but not enough. I could trust you with amounts under 0.2 BTC, but when you are talking about whales, I don't think anyone in their right mind would "lock" 10+ BTC with you.

No longer active on bitcointalk, however, you can still reach me via PMs if needed.
paradoxal420
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September 15, 2014, 07:14:55 AM
 #23

This is actually a really good idea May.

I can vouch for him never doing anything shady. He's legit!

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PRIMEDICE
The Premier Bitcoin Gambling Experience - PRIMEDICE 3 HAS LAUNCHED @PrimeDice
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robhimself
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September 15, 2014, 10:41:52 AM
 #24

I had May hold 1btc for me awhile back and he returned it to me quickly when asked. It was for a similar reason, me not wanting to gamble with it. May is one of the only people in the BTC community that I would have trusted in that way, and he didn't let me down!

ndnh
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September 15, 2014, 11:11:44 AM
 #25

I offer the same service. Upper limit is 1BTC
Service charge: 1% per month.

I don't really think anyone is going to give me anything, though. I never cheated anyone and don't want to. But i don't think anyone trusts anyone in the bitcoin community. Sad
wayshegoes
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September 15, 2014, 11:39:06 AM
 #26

I know May longer than I know most people online. He offered to hold my coins but I declined thinking I could stop gambling. Soon after I lost all my BTC  Cry

PRC_May (OP)
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September 15, 2014, 03:26:47 PM
 #27

But i don't think anyone trusts anyone in the bitcoin community. Sad

This is not about Bitcointalk so much. The dice guys know each other anyway for the most part.
On bitcointalk there are almost only scammers so it's understandable.

Thanks for the comments guys!
chalidore
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September 15, 2014, 04:02:59 PM
 #28

for sure it's interesting idea, big problem here is trust and it will always be like this. No guarantee money would wait for us later
PRC_May (OP)
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September 15, 2014, 04:17:35 PM
 #29

People trust me because they know me. People vouch for me.

Why does every Bitcointalk thread have to be a pain. It repeats and repeats and repeats the same things over and over.
PRC_May (OP)
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September 21, 2014, 02:37:10 PM
 #30

Sent back KLYE's small deposit according to terms. 623e10153161e6b4771ff694c95549c79059130ec8be324c651eaee6fd4da428

Since the bitcoin community in general, especially bitcointalk and the gambling scene just consists of trolls and scammers I will not offer this service anymore. I'm doing these kinds of escrows since 2013 but the experience on bitcointalk has been a horrible one. This is nothing more but a trollcave.
In addition all the dice/gambling sites and their owners made it worse. Dooglus etc. just trolling like little kids. A new drama on a daily basis. There is no community. People just leech off each other wherever they can.

I might occasionally check PM's but if you really need to reach me you know how to anyway.

Cheers

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September 21, 2014, 02:41:48 PM
 #31

Sent back KLYE's small deposit according to terms. 623e10153161e6b4771ff694c95549c79059130ec8be324c651eaee6fd4da428

Since the bitcoin community in general, especially bitcointalk and the gambling scene just consists of trolls and scammers I will not offer this service anymore. I'm doing these kinds of escrows since 2013 but the experience on bitcointalk has been a horrible one. This is nothing more but a trollcave.
In addition all the dice/gambling sites and their owners made it worse. Dooglus etc. just trolling like little kids. A new drama on a daily basis. There is no community. People just leech off each other wherever they can.

I might occasionally check PM's but if you really need to reach me you know how to anyway.

Cheers



Received the .01 I sent you to hold onto! thanks sir.

Its a competitive industry this dice scene and alot of bad blood lately within it.. A shame really.

Thanks again sir. Leaving + rep!


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PRC_May (OP)
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September 21, 2014, 02:53:16 PM
 #32

Uv gave me negative trust for no reason, haha.
I held 1 BTC for rob you frickin troll.

Not that it would matter. I did 200+ BTC escrow because people trust me. But whatever.

One more reason to leave this shithole for good.
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September 21, 2014, 02:56:09 PM
 #33

Uv gave me negative trust for no reason, haha.
I held 1 BTC for rob you frickin troll.

Not that it would matter. I did 200+ BTC escrow because people trust me. But whatever.

One more reason to leave this shithole for good.

IMO the real reason to leave this shithole for good is nLockTime



I read a lot of nLockTime but haven't seen any proper implementation of this.  I get this question all the time, but usually a more noble reason - like "I want to store coins for my kids" 

nLockTime!

"I don't want to fire off the rest of this bankroll"

nLockTime till tomorrow, yo!

IMO Mike Caldwell or better would need to write us mere mortals a hand-holdy program, but IMO it would be useful in the gambling world, the real "self-ban" in bitcoin space.

I'm flying FPV race drones these days. Check out my YouTube channel: https://www.youtube.com/c/MiconFPV
PRC_May (OP)
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September 21, 2014, 02:58:43 PM
 #34

People can't read.

You can't invest coins doing so. Most people want their coins invested in one of the crowdfunded sites or bfx or anything else.

You're also out of luck if BTC crashes and you want to convert to USD quickly. People asked me to do that before. Actually just recently...
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