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Topic: Bets of Bitcoin - Bitcoin betting on real world events (Read 62146 times)

420
hero member
Activity: 756
Merit: 500
Score 1. I managed to get out in time like with mt gox

unfortunately other sites i parked coins with screwed me
legendary
Activity: 1862
Merit: 1114
WalletScrutiny.com
Anyone have an estimate on how much he stole?

I'd guess somewhere between several hundred and a few thousand BTC.

We've been following it while BetMoose was in development - it didn't really look like a theft; the 1-owner just disappeared and some users actually managed to withdraw their funds using links and queries within the URL (check last few pages of this thread I think). So many actually did manage to withdraw while the site was still active but I guess he was paying monthly for it so 2 months later the page went blank and now the coins are lost forever (presumably). So yeah, CoinJedi may have gotten sick or died, would be the most plausible explanation here, otherwise he wouldn't have allowed any withdrawals and would've done something more similar to the situation seen at Mt.Gox

ah crap, bitcoin devs die like flies these days. Why do people jump to these conclusions that lightly? I hope my family would let users of my project know if I passed away.

Yeah it's really unfortunate. Lots of people in the world die daily so it's important not to trust one man shops. Not because they're not trustworthy but because that natural risk is there.

people "naturally" die only once in about 80 years and for the average young techie the chances should be much lower than 1/80 to die in a certain year.
Hmm, thinking about it, maybe terminally ill people tend to go for big goals like leaving a heritage?
sr. member
Activity: 372
Merit: 250
Real Bets. Real People. By Anyone, on anything
Anyone have an estimate on how much he stole?

I'd guess somewhere between several hundred and a few thousand BTC.

We've been following it while BetMoose was in development - it didn't really look like a theft; the 1-owner just disappeared and some users actually managed to withdraw their funds using links and queries within the URL (check last few pages of this thread I think). So many actually did manage to withdraw while the site was still active but I guess he was paying monthly for it so 2 months later the page went blank and now the coins are lost forever (presumably). So yeah, CoinJedi may have gotten sick or died, would be the most plausible explanation here, otherwise he wouldn't have allowed any withdrawals and would've done something more similar to the situation seen at Mt.Gox

ah crap, bitcoin devs die like flies these days. Why do people jump to these conclusions that lightly? I hope my family would let users of my project know if I passed away.

Yeah it's really unfortunate. Lots of people in the world die daily so it's important not to trust one man shops. Not because they're not trustworthy but because that natural risk is there.
legendary
Activity: 1862
Merit: 1114
WalletScrutiny.com
Anyone have an estimate on how much he stole?

I'd guess somewhere between several hundred and a few thousand BTC.

We've been following it while BetMoose was in development - it didn't really look like a theft; the 1-owner just disappeared and some users actually managed to withdraw their funds using links and queries within the URL (check last few pages of this thread I think). So many actually did manage to withdraw while the site was still active but I guess he was paying monthly for it so 2 months later the page went blank and now the coins are lost forever (presumably). So yeah, CoinJedi may have gotten sick or died, would be the most plausible explanation here, otherwise he wouldn't have allowed any withdrawals and would've done something more similar to the situation seen at Mt.Gox

ah crap, bitcoin devs die like flies these days. Why do people jump to these conclusions that lightly? I hope my family would let users of my project know if I passed away.
sr. member
Activity: 372
Merit: 250
Real Bets. Real People. By Anyone, on anything
Anyone have an estimate on how much he stole?

I'd guess somewhere between several hundred and a few thousand BTC.

We've been following it while BetMoose was in development - it didn't really look like a theft; the 1-owner just disappeared and some users actually managed to withdraw their funds using links and queries within the URL (check last few pages of this thread I think). So many actually did manage to withdraw while the site was still active but I guess he was paying monthly for it so 2 months later the page went blank and now the coins are lost forever (presumably). So yeah, CoinJedi may have gotten sick or died, would be the most plausible explanation here, otherwise he wouldn't have allowed any withdrawals and would've done something more similar to the situation seen at Mt.Gox
legendary
Activity: 1458
Merit: 1006
Anyone have an estimate on how much he stole?

I'd guess somewhere between several hundred and a few thousand BTC.
hero member
Activity: 938
Merit: 501
Nope. Coins gone.
donator
Activity: 290
Merit: 250
I've just noticed this was down. I had coins tied in there - Any update on what is going on?

sr. member
Activity: 372
Merit: 250
Real Bets. Real People. By Anyone, on anything
I just wanted to pop in here to say betsofbitco.in was what initially inspired us to create betmoose.com and I really hope CoinJedi is alright - doesn't seem like this site ran off with coins, just that it was dropped.

Hopefully he checks in sometime in the future.

CoinJedi - if you ever return, please contact us, we'd like to discuss an opportunity for you.
legendary
Activity: 2506
Merit: 1010
I've got .8 BTC on the line.

If that's your withdrawable balance, here's an update from another thread.

Good news.  I was able to get a withdrawal to work eventually after many, many failed attempts.
The trick was to manually paste the withdraw URL and if the form appeared attempt to withdraw.  I think I had over a dozen tries and I'm not sure which one was the successful one.  Also, I tried withdrawing a whole number (e.g., 1) for amount and that worked.  I'm now trying to withdraw the fraction but haven't yet gotten that successfully withdrawn.
 - https://betsofbitco.in/withdraw
sr. member
Activity: 322
Merit: 250
I have two long term bets and I already consider my btc as lost. I have seen the same problems in login as others and the site is very slow but it worked after a few tries.

Could this be him?
https://twitter.com/CoinJedi
I don't have a twitter account but someone could try to contact him



No idea,
however, thus far simply the fact that there is no response on support request / contact is annoying.

All withdrawals have been processed for me so far.

Concerning the "My Profile" issue, sometimes it takes a fw tries to get the site to load.
hero member
Activity: 515
Merit: 502
I have two long term bets and I already consider my btc as lost. I have seen the same problems in login as others and the site is very slow but it worked after a few tries.

Could this be him?
https://twitter.com/CoinJedi
I don't have a twitter account but someone could try to contact him


sr. member
Activity: 322
Merit: 250
The current situation with no feedback from the siteowners is provoking to say the least.

If they abandon the project there should be a public statement, open bets cancelled and funds cashed out.
If the project is to be continued, there also should be a public statement explaining why and how the current situation could evolve.
legendary
Activity: 1039
Merit: 1005
Looks like there is a technical issue (requests timing out) and a managerial issue (i.e. admin/manager has basically abandoned the project).
I won't speculate on the second issue, as I have absolutely no information about coinjedi's whereabouts and situation - it's possible that he lost interest, it's also possible that he got hit by a bus (hopefully not).
The second issue seems to prevent bets from being decided and finalized, so I don't see how bitcoins in waiting bets these can be retrieved.
Withdraing your account balance, however, seems to be possible with some patience - I did it today, and using the "reload" button whenever the dreaded "Your request can not be completed at this time" box appeared, I could coax the system into sending me the small amount that I had there. However, the transaction has not been confirmed yet (it had no fee, which should be ok since it was minimum size, but it might take some time before miners accept it into a block).

Hopefully the site will be revived, I really liked the clean design and considered the betting mechanism pretty fair and reasonable.

Onkel Paul
newbie
Activity: 34
Merit: 0
I've got .8 BTC on the line. Looks like I might get screwed.
sr. member
Activity: 322
Merit: 250
I wrote a serious email asking questions - No response! (Wrote the email roughly 7 days ago)

However, i  never had a problem using the site, all withdraws have been processed in time, but i was warned by different users here and on irc so i decided to drop the owner a mail and see what he has got to say.

For me personally 1.7 btc are on the line

newbie
Activity: 1
Merit: 0
https://bitcointalksearch.org/topic/warning-and-advisory-about-betsofbitcoin-458556
Quote
Just wanted to warn and advise that the site BetsOfBitcoin http://betsofbitco.in/ is not closing betting statements, the effect being that your BTC is essentially locked-up, in limbo, and not available to be withdrawn. This is a shame, because the concept of BetsOfBitcoin is a good one.

1. Bets of Bitcoin will not respond to customer emails. Many report the operators have never responded to a query.
2. Betting Statements that expired December 31, 2013, are still not closed.

Users are warned: you can not receive a payout on a wagering statement until the website operators close the statement. For example, you may have won your wager that the SP500 did not close at 2000 by December 31, 2013. But, if the website operators have not closed this statement, then your BTC is essentially locked up.

Hope this helps,

PNW

So, basically, everyone is f*cked and the only lead on CoinJedi and the money he stole is this old phone interview?

http://onlyonetv.com/2011/11/the-bitcoin-show-episode-50-bets-of-bitcoin-betsofbitco-in/
hero member
Activity: 938
Merit: 501
Well, there's only 2 possibilities then:

- The admin fucked me up to punish me for emailing him gently asking to close some of my bets that were waiting.
- Some admin of other another service used my crendential to log in there and change my password.

If it's the second possibility, it's only my fault: I used my low-level security non-unique password on this website. Well, fuck me either way.
mog
member
Activity: 76
Merit: 10
I was able to withdraw my balance today, it also happened within a few minutes. Seemed automated.
legendary
Activity: 1022
Merit: 1000
I am worried a little as they seem slow to close bets, but I love the site and hope they stick with it.  It would be nice to see a lower minimum bet given BTCs price rise.
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