[ANN][ICO] SmartBillions World’s first multi-billion-dollar blockchain lottery. - page 20.

Naficopa

hero member

Activity: 2002

Merit: 516

Quote from: § on October 22, 2017, 08:06:28 AM

Quote from: Naficopa on October 22, 2017, 07:38:26 AM

Quote from: mv_USA_devnull on October 22, 2017, 06:49:04 AM

Quote from: glennmatthew on October 21, 2017, 02:38:42 PM

Quote from: Jerry_Hype on October 21, 2017, 02:18:31 PM

It is quite obvious that it's a scam. They initially left a loophole for themselves, withdraw money and disappear. It means, they expected to withdraw funds in advance to avoid paying money to that hacker.

Get out of here with your newbie 1 post account. Stop creating new accounts and spreading FUD.

This function is clearly described in the whitepaper, and it aint no loophole.

I'll explain it in a simple way for your simple mind:
1. ETH address sends ETH to smart contract
2. Smart contract creates & sends SMART tokens to ETH sender address
3. SMART tokens can be 'traded in' and the ETH is returned to original address.

This function is available to anyone who sends money into the smart contract. By sending 1500 ETH to the contract the dev's are permitted to withdraw 1500 ETH and no more.

This is not the whole story. They CAN withdraw the jackpot if they hold more than 50% of all investments.

It’s this two lines of code:

Code:

if(investBalance >= investBalanceGot / 2){ // additional jackpot protection
    require((_amount <= this.balance / 400) && coldStoreLast + 60 * 60 * 24 * 7 <= block.timestamp);
}

investBalanceGot is the total investments they got in the lifetime of the contract.
investBalance is the actual balance. It’s decremented if a investor withdraws his investment.

If they own more than 50% of the amount that was invested ever, they can first withdraw their own investment and after that they are able to withdraw the jackpot (the jackpot, not other investments or users balances) and run away.

Waiting for answer to that.. It doesn't look good.. Roll Eyes

I hope this is just a mistake and not a deliberate action Roll Eyes

I hope so too.
But what kind of dev stays quiet for 3 days during a "multimillion" dollar ico?

At least now we know exactly why he wanted to stay anonymous...

edit: also looks like he hasn't filled in his bounty campaign sheet for 2 weeks already, why would you not do this? smells very fishy

Sometimes developers are really busy and forget about such trivia as answering the forum questions or updating spreadsheets.. We will see..

§

newbie

Activity: 37

Merit: 0

Quote from: Naficopa on October 22, 2017, 07:38:26 AM

Quote from: mv_USA_devnull on October 22, 2017, 06:49:04 AM

Quote from: glennmatthew on October 21, 2017, 02:38:42 PM

Quote from: Jerry_Hype on October 21, 2017, 02:18:31 PM

It is quite obvious that it's a scam. They initially left a loophole for themselves, withdraw money and disappear. It means, they expected to withdraw funds in advance to avoid paying money to that hacker.

Get out of here with your newbie 1 post account. Stop creating new accounts and spreading FUD.

This function is clearly described in the whitepaper, and it aint no loophole.

I'll explain it in a simple way for your simple mind:
1. ETH address sends ETH to smart contract
2. Smart contract creates & sends SMART tokens to ETH sender address
3. SMART tokens can be 'traded in' and the ETH is returned to original address.

This function is available to anyone who sends money into the smart contract. By sending 1500 ETH to the contract the dev's are permitted to withdraw 1500 ETH and no more.

This is not the whole story. They CAN withdraw the jackpot if they hold more than 50% of all investments.

It’s this two lines of code:

Code:

if(investBalance >= investBalanceGot / 2){ // additional jackpot protection
    require((_amount <= this.balance / 400) && coldStoreLast + 60 * 60 * 24 * 7 <= block.timestamp);
}

investBalanceGot is the total investments they got in the lifetime of the contract.
investBalance is the actual balance. It’s decremented if a investor withdraws his investment.

If they own more than 50% of the amount that was invested ever, they can first withdraw their own investment and after that they are able to withdraw the jackpot (the jackpot, not other investments or users balances) and run away.

Waiting for answer to that.. It doesn't look good.. Roll Eyes

I hope this is just a mistake and not a deliberate action Roll Eyes

I hope so too.
But what kind of dev stays quiet for 3 days during a "multimillion" dollar ico?

At least now we know exactly why he wanted to stay anonymous...

edit: also looks like he hasn't filled in his bounty campaign sheet for 2 weeks already, why would you not do this? smells very fishy

Naficopa

hero member

Activity: 2002

Merit: 516

Quote from: mv_USA_devnull on October 22, 2017, 06:49:04 AM

Quote from: glennmatthew on October 21, 2017, 02:38:42 PM

Quote from: Jerry_Hype on October 21, 2017, 02:18:31 PM

It is quite obvious that it's a scam. They initially left a loophole for themselves, withdraw money and disappear. It means, they expected to withdraw funds in advance to avoid paying money to that hacker.

Get out of here with your newbie 1 post account. Stop creating new accounts and spreading FUD.

This function is clearly described in the whitepaper, and it aint no loophole.

I'll explain it in a simple way for your simple mind:
1. ETH address sends ETH to smart contract
2. Smart contract creates & sends SMART tokens to ETH sender address
3. SMART tokens can be 'traded in' and the ETH is returned to original address.

This function is available to anyone who sends money into the smart contract. By sending 1500 ETH to the contract the dev's are permitted to withdraw 1500 ETH and no more.

This is not the whole story. They CAN withdraw the jackpot if they hold more than 50% of all investments.

It’s this two lines of code:

Code:

if(investBalance >= investBalanceGot / 2){ // additional jackpot protection
    require((_amount <= this.balance / 400) && coldStoreLast + 60 * 60 * 24 * 7 <= block.timestamp);
}

investBalanceGot is the total investments they got in the lifetime of the contract.
investBalance is the actual balance. It’s decremented if a investor withdraws his investment.

If they own more than 50% of the amount that was invested ever, they can first withdraw their own investment and after that they are able to withdraw the jackpot (the jackpot, not other investments or users balances) and run away.

Waiting for answer to that.. It doesn't look good.. Roll Eyes

I hope this is just a mistake and not a deliberate action Roll Eyes

mv_USA_devnull

newbie

Activity: 34

Merit: 0

Quote from: glennmatthew on October 21, 2017, 02:38:42 PM

Quote from: Jerry_Hype on October 21, 2017, 02:18:31 PM

It is quite obvious that it's a scam. They initially left a loophole for themselves, withdraw money and disappear. It means, they expected to withdraw funds in advance to avoid paying money to that hacker.

Get out of here with your newbie 1 post account. Stop creating new accounts and spreading FUD.

This function is clearly described in the whitepaper, and it aint no loophole.

I'll explain it in a simple way for your simple mind:
1. ETH address sends ETH to smart contract
2. Smart contract creates & sends SMART tokens to ETH sender address
3. SMART tokens can be 'traded in' and the ETH is returned to original address.

This function is available to anyone who sends money into the smart contract. By sending 1500 ETH to the contract the dev's are permitted to withdraw 1500 ETH and no more.

This is not the whole story. They CAN withdraw the jackpot if they hold more than 50% of all investments.

It’s this two lines of code:

Code:

if(investBalance >= investBalanceGot / 2){ // additional jackpot protection
    require((_amount <= this.balance / 400) && coldStoreLast + 60 * 60 * 24 * 7 <= block.timestamp);
}

investBalanceGot is the total investments they got in the lifetime of the contract.
investBalance is the actual balance. It’s decremented if a investor withdraws his investment.

If they own more than 50% of the amount that was invested ever, they can first withdraw their own investment and after that they are able to withdraw the jackpot (the jackpot, not other investments or users balances) and run away.

Arvidos81

newbie

Activity: 17

Merit: 0

Quote from: QFT on October 21, 2017, 12:36:24 AM

Quote from: Hotel Papa on October 20, 2017, 10:19:53 PM

Quote from: Naficopa on October 20, 2017, 09:57:21 AM

It looks like not many investors is interested in this project.. Untill now is collected only $788k - https://etherscan.io/address/0x6F6DEb5db0C4994A8283A01D6CFeEB27Fc3bBe9C

It is less than 2% of your hard cap, right? and only 10 days left.. Roll Eyes

Any chance the creators withdraw their initial 1,500 ETH? Even with the current 2,625 ETH it doesn't seem to attract much attention, if they withdraw it would kill the project (IMHO).

There's still enough ico days left.
Even if the hardcap won't be reached (which seems likely), smartbillions will experience it's growth as it's a solid project.

Why not feature a campaign on kickico.com?

chopter

member

Activity: 111

Merit: 10

Quote from: vroom on October 22, 2017, 03:23:01 AM

congratulation to the first 4/6 winner. he won 4 ether!

the bet transaction: https://etherscan.io/tx/0x5a3c76525ea77cb34562e2526ef49dfa87e19c8e6a8135dac6a992ccbefcdeea
bet numbers: eca35d
the draw results from this block: https://etherscan.io/block/4407019
draw numbers: ec035f
and the payout transaction: https://etherscan.io/tx/0x15ceda45b8233a373142dd0055d5449ab66dc6b2d037549643aa9061992d40b4

Last number was also pretty close.

vroom

legendary

Activity: 1303

Merit: 1681

a Cray can run an endless loop in under 4 hours

congratulation to the first 4/6 winner. he won 4 ether!

the bet transaction: https://etherscan.io/tx/0x5a3c76525ea77cb34562e2526ef49dfa87e19c8e6a8135dac6a992ccbefcdeea
bet numbers: eca35d
the draw results from this block: https://etherscan.io/block/4407019
draw numbers: ec035f
and the payout transaction: https://etherscan.io/tx/0x15ceda45b8233a373142dd0055d5449ab66dc6b2d037549643aa9061992d40b4

Zeeks

full member

Activity: 180

Merit: 100

Quote from: Oleg_Osorgin on October 21, 2017, 05:57:43 AM

where you will take money for advertising and attracting players? What are the marketing mechanisms?

They have been spending a lot of money on advertising already. Smartbillions will reap the benefits later.

And nobody cares for fud with newbie accounts guys, give it a break Roll Eyes

glennmatthew

sr. member

Activity: 462

Merit: 253

Quote from: Jerry_Hype on October 21, 2017, 02:18:31 PM

It is quite obvious that it's a scam. They initially left a loophole for themselves, withdraw money and disappear. It means, they expected to withdraw funds in advance to avoid paying money to that hacker.

Get out of here with your newbie 1 post account. Stop creating new accounts and spreading FUD.

This function is clearly described in the whitepaper, and it aint no loophole.

I'll explain it in a simple way for your simple mind:
1. ETH address sends ETH to smart contract
2. Smart contract creates & sends SMART tokens to ETH sender address
3. SMART tokens can be 'traded in' and the ETH is returned to original address.

This function is available to anyone who sends money into the smart contract. By sending 1500 ETH to the contract the dev's are permitted to withdraw 1500 ETH and no more.

Jerry_Hype

member

Activity: 70

Merit: 10

It is quite obvious that it's a scam. They initially left a loophole for themselves, withdraw money and disappear. It means, they expected to withdraw funds in advance to avoid paying money to that hacker.

vroom

legendary

Activity: 1303

Merit: 1681

a Cray can run an endless loop in under 4 hours

Quote from: Altex.ws on October 21, 2017, 05:59:06 AM

Ok I had 2 wins and clicked claim and would not let me claim just went straight to buy another ticket were do I find support

do you have some transaction id's? if the website is bugged for some reason, try to refresh the browser or restart it. if this also does not work, you can follow this instructions to claim your payout: https://medium.com/@SmartBillions/how-to-collect-the-affiliate-payouts-89c69ae82815

Altex.ws

member

Activity: 70

Merit: 10

Ok I had 2 wins and clicked claim and would not let me claim just went straight to buy another ticket were do I find support

Oleg_Osorgin

newbie

Activity: 17

Merit: 0

where you will take money for advertising and attracting players? What are the marketing mechanisms?

chopter

member

Activity: 111

Merit: 10

Quote from: lovemsngr on October 20, 2017, 11:57:25 PM

the project is already dead

Not really! This is one of the best ICO-s out here right now. They have a live product already.

QFT

sr. member

Activity: 476

Merit: 250

Quote from: Hotel Papa on October 20, 2017, 10:19:53 PM

Quote from: Naficopa on October 20, 2017, 09:57:21 AM

It looks like not many investors is interested in this project.. Untill now is collected only $788k - https://etherscan.io/address/0x6F6DEb5db0C4994A8283A01D6CFeEB27Fc3bBe9C

It is less than 2% of your hard cap, right? and only 10 days left.. Roll Eyes

Any chance the creators withdraw their initial 1,500 ETH? Even with the current 2,625 ETH it doesn't seem to attract much attention, if they withdraw it would kill the project (IMHO).

There's still enough ico days left.
Even if the hardcap won't be reached (which seems likely), smartbillions will experience it's growth as it's a solid project.

lovemsngr

full member

Activity: 434

Merit: 100

the project is already dead

Hotel Papa

newbie

Activity: 8

Merit: 0

Quote from: Naficopa on October 20, 2017, 09:57:21 AM

It looks like not many investors is interested in this project.. Untill now is collected only $788k - https://etherscan.io/address/0x6F6DEb5db0C4994A8283A01D6CFeEB27Fc3bBe9C

It is less than 2% of your hard cap, right? and only 10 days left.. Roll Eyes

Any chance the creators withdraw their initial 1,500 ETH? Even with the current 2,625 ETH it doesn't seem to attract much attention, if they withdraw it would kill the project (IMHO).

vroom

legendary

Activity: 1303

Merit: 1681

a Cray can run an endless loop in under 4 hours