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Author Topic: BetKing.io - 20% Rakeback Christmas Bonus - Most trusted Bitcoin Dice site  (Read 152734 times)
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erpbridge
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August 03, 2015, 10:08:00 PM
 #821

Just an update.
I removed the invest button. There will now be no new investment or top ups of existing possible.

Surprised to hear that. Not sure if its good or bad but its good in a way that investors won't keep getting diluted in a bigger and bigger bankroll. So in the future if I was to divest, can I not invest again ?

                                                                       
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August 04, 2015, 03:23:36 AM
 #822

If the max payout is so high, this website is either too good or unfair Wink

I'll lean towards too good.

Maybe you could add a faucet.
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August 04, 2015, 05:45:29 AM
 #823

Just an update.
I removed the invest button. There will now be no new investment or top ups of existing possible.

Surprised to hear that. Not sure if its good or bad but its good in a way that investors won't keep getting diluted in a bigger and bigger bankroll. So in the future if I was to divest, can I not invest again ?

You won't be able to invest in future if you divest no.

There's a few reasons I limited the investment:
1) I don't want to hold on to 5k Bitcoin of other peoples money, as mentioned before.
2) I want PRC to bankroll 100% and have no investors but I think it's best to do it in smaller steps so as not to have drastic changes.
3) The biggest concern for potential buyers is "Will the site be as popular without investment", I can get data on that if I bankroll myself.

PRC has NOT been sold.
I would NEVER (and I've had offers) sell the site and leave the investors money in. That was well documented in the sale ad on the other thread.

If I had sold or made any major changes you would hear about it from me and everyone would have the chance to withdraw before I handed it over.

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August 04, 2015, 06:11:24 AM
 #824

If the max payout is so high, this website is either too good or unfair Wink

I'll lean towards too good.

Maybe you could add a faucet.

Or you could see here https://blockchain.info/address/1FhxjhFb1YudGC1vtV4FuLpQc2uHzq3XFd and notice proof of how much is invested which facilitates such a high max payout.

Faucet will not be re-enabled any time soon.

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August 04, 2015, 08:56:52 AM
 #825

Just an update.
I removed the invest button. There will now be no new investment or top ups of existing possible.

Surprised to hear that. Not sure if its good or bad but its good in a way that investors won't keep getting diluted in a bigger and bigger bankroll. So in the future if I was to divest, can I not invest again ?

You won't be able to invest in future if you divest no.


Those reasons are understandable but what if a big investor wishes to cash out for a small time and reinvest later on ? I suppose if its an investor with more than 1000 btc then reinvest will probably have to be opened.

                                                                       
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August 04, 2015, 10:03:47 AM
 #826

Dean I have sent you an offer regarding the sale of pocketrocketscasino. Check your pm
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August 04, 2015, 10:59:06 AM
 #827

Just an update.
I removed the invest button. There will now be no new investment or top ups of existing possible.

Surprised to hear that. Not sure if its good or bad but its good in a way that investors won't keep getting diluted in a bigger and bigger bankroll. So in the future if I was to divest, can I not invest again ?

You won't be able to invest in future if you divest no.


Those reasons are understandable but what if a big investor wishes to cash out for a small time and reinvest later on ? I suppose if its an investor with more than 1000 btc then reinvest will probably have to be opened.

AFAIK you can just divest a small part of your investment, that way you dont need to divest all and invest again later on
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August 04, 2015, 12:18:15 PM
 #828

At the end of this week 10% of the total investment will be automatically divested.
The funds will be added back to your balance and you can withdraw.

No one can be diluted now since no one can invest or top up so it's just a way to reduce the total amount invested.


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August 04, 2015, 06:28:27 PM
 #829

Or you could see here https://blockchain.info/address/1FhxjhFb1YudGC1vtV4FuLpQc2uHzq3XFd and notice proof of how much is invested which facilitates such a high max payout.

Be careful trusting blockchain.info. They don't verify the signatures on transactions:

https://blockchain.info/tx/56aa898ee159c421678901bb517d4fb8fd76e9fd944c580fada25768f0c3860a


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August 04, 2015, 06:37:06 PM
 #830

Or you could see here https://blockchain.info/address/1FhxjhFb1YudGC1vtV4FuLpQc2uHzq3XFd and notice proof of how much is invested which facilitates such a high max payout.

Be careful trusting blockchain.info. They don't verify the signatures on transactions:

https://blockchain.info/tx/56aa898ee159c421678901bb517d4fb8fd76e9fd944c580fada25768f0c3860a



Yeah I just seen the alleged Satoshi transactions on Reddit.

I would recommend no one uses Blockchain.info now either

You can check the PRC cold wallet here instead https://btc.blockr.io/address/info/1FhxjhFb1YudGC1vtV4FuLpQc2uHzq3XFd

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August 05, 2015, 04:41:49 AM
 #831

Just an update.
I removed the invest button. There will now be no new investment or top ups of existing possible.


Hi,

I recently invested 0.1 BTC. Up until now, I have a positive profit, but the total investment is less than 0.1 BTC. Is anybody aware of a problem related to this?

You paid more commission than you profited.

How can that be? With a 25% commission for the house, this will remove 25% from the profit of the investors and it will add 25% to there losses. Now, while an investor has a profit, how can a 25% commission remove all the profits + more, so that his total investment goes below his original investment?

Either I am missing something huge in how investment works, either there really is a problem somewhere.
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August 05, 2015, 04:46:43 AM
 #832

How can that be? With a 25% commission for the house, this will remove 25% from the profit of the investors and it will add 25% to there losses. Now, while an investor has a profit, how can a 25% commission remove all the profits + more, so that his total investment goes below his original investment?

Either I am missing something huge in how investment works, either there really is a problem somewhere.

The commission charged isn't on profits, but rather on the amount wagered. i.e. Even if a gambler breaks even, investors will be a loss. Investors will only make a net profit when gamblers lose > 0.25% of what they wager (which over the long run they should, as the house edge is 4x that)

bustabit.com #1 bitcoin bust game
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August 05, 2015, 06:06:43 AM
 #833



That's the funniest thing I've seen in bitcoin. The person who did that is one funny bastard.
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August 05, 2015, 08:35:35 AM
 #834



That's the funniest thing I've seen in bitcoin. The person who did that is one funny bastard.

Dooglus is the one who did it.
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August 05, 2015, 06:53:08 PM
 #835

Yeah blockchain.info is getting worse and worse, time to stop using it.

Seems they have fixed it now, at least for this transaction.

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August 05, 2015, 06:57:11 PM
 #836

I way more love blockr.io it's more easier and less silly.

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August 05, 2015, 07:12:40 PM
 #837

Dooglus is the one who did it.

True story.

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August 08, 2015, 11:35:09 AM
 #838

PRC up in the auction forum https://bitcointalk.org/index.php?topic=1146382.0
Posting here for more visibility.

Thanks

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August 08, 2015, 02:19:17 PM
 #839

Just auto divested 10% of investments, and any that were less than 1 Bitcoin.
Almost 500 Bitcoin.

This has been added back to your balance so you can withdraw if you like.

Thanks

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August 08, 2015, 05:34:19 PM
 #840

Just auto divested 10% of investments, and any that were less than 1 Bitcoin.
Almost 500 Bitcoin.

This has been added back to your balance so you can withdraw if you like.

Thanks

How many bitcoin are you going to put as the bankroll in the site when everything is divested already? I see that PRC is always a playground for whale that enjoy betting alot so I am excited to know what will happen when the max profit decrease later

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