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Topic: ▄■▀■▄ 🌟BITVEST.io🌟 💰WIN BY 🔶PLAY 📈INVEST➡🔺🎲🎰🔲 | BET CONTEST ▄■▀■▄ - page 138. (Read 201672 times)

newbie
Activity: 13
Merit: 0
To all - just a heads up that faucet and quest bonuses have in fact been reduced.

Yes. Really bad news since they were reduced about 33%.
wry
sr. member
Activity: 288
Merit: 251
We have taken the losses on ourselves and have paid back investors with our personally held coins. All investors who were part of the bankroll at the time of the incident have had all related losses credited back to their investments.

Major kudos for this awesome display of integrity.  Looks like 2 or 3 BTC out of your pockets to protect your investors, that speaks volumes.

Swordsoffreedom - Margin is simply a way to increase your effective bankroll.  If you take x10 margin it will act like you have ten times as much investment as you actually do and allocate your proportional gains and losses accordingly.  So all investors are still splitting the sites profit from gambling.

Salauddin - The bonus is donated by players in satoshi and then is added to the rainbot's pool for rains.  The exact formula of how much it pays out over time has not been published to my knowledge.

To all - just a heads up that faucet and quest bonuses have in fact been reduced.
member
Activity: 868
Merit: 15
Chat Bonus. Win By Chat, Play, or Invest.



How to count chat bonus? can you inform full details  Chat Bonus with condition satoshi or BTC price active time per day and local rules? "Chat bonus' means community manage with help others give correct information?
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
I'm using the Investment feature and so far I am pleased with returns. But I have one question. How does "Margin" work? I know it multiplies your investment so you win/lose more then you should proportionally to other investments. But how does this work economically? How can you pay me for example 10 times more? Where do you take that money from? You can only split the profit from gambling, right?
donator
Activity: 3228
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
Just a thought:

You guys should offer some sort of bug bounty program to make something like this less likely to happen in the future.

I'm curious what you would do if a player reported a bug that would have allowed them to drain the hot wallet?

If I am not mistaken, there is always a reward given to people who discovered bugs as I have seen people get rewarded myself, and I have only been on the site less than half a year.

I think all active sites and admins, even without official bug bounty,,, they always find ways to recognize and acknowledge the people who help them. Good job again admins.
legendary
Activity: 2660
Merit: 2064
Join the world-leading crypto sportsbook NOW!
Just a thought:

You guys should offer some sort of bug bounty program to make something like this less likely to happen in the future.

I'm curious what you would do if a player reported a bug that would have allowed them to drain the hot wallet?
hero member
Activity: 2576
Merit: 582
Leading Crypto Sports Betting & Casino Platform
Honestly, this is how you figure out if a website is legit or not, it has absolutely most amount of respect earned in one move than any other move a casino could ever make.

They got hacked and instead of letting it be or even closing shop (happened before) because of amount of money lost they just ate the losses themselves and gave back the investors what they have lost and continued operations like nothing happened for the gamblers and investors alike (only they themselves lost because of this but they didn't put the burden on anyone else).

This move right here would take bitvest into higher levels for sure, they are already one of the most known ones out there so I don't know how much more famous they could get since they are already top 5 in everyone's list but if they weren't this would have put them there for sure.
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o


On the bright side,another piece of evidence to the integrity of bitvest.
This time, the dramatic losses of investors due to bug (already fixed) on KENO game, once again, demonstrates that lightlord and BitVest team always keep their investors, users benefits as first priorities. Compensations for investors with loss due to bug abusements paid. The chart shows that bug abusements lasted for a while (around 6 hours - as the chart shows), long enough to cause dramatic losses for BitVest platform. Anyway, such unexpected bugs, then losses, then compensations only help BitVest platform become bigger and more reliable.
legendary
Activity: 1806
Merit: 1828
On August 14, 2019, a bug was exploited in Keno. The exploit allowed anyone to win the maximum multiplier in "Top Bottom" mode when placing a very specific malformed bet. This resulted in a user winning a large sum of funds and withdrawing the maximum amount possible without triggering manual withdrawals. This caused irrecoverable losses to investors equal to the balance of the hot wallets.

We have taken the losses on ourselves and have paid back investors with our personally held coins. All investors who were part of the bankroll at the time of the incident have had all related losses credited back to their investments.

     That was very kind of you to do that for your investors. I have a small amount invested in your site. I'm sorry for the losses. I see that Keno is back up again. I gather that you patched the bug. Also, it was nice for your site to not penalize people who could not meet their daily quest, since Keno was down.
legendary
Activity: 2660
Merit: 2064
Join the world-leading crypto sportsbook NOW!
On August 14, 2019, a bug was exploited in Keno. The exploit allowed anyone to win the maximum multiplier in "Top Bottom" mode when placing a very specific malformed bet. This resulted in a user winning a large sum of funds and withdrawing the maximum amount possible without triggering manual withdrawals. This caused irrecoverable losses to investors equal to the balance of the hot wallets.

We have taken the losses on ourselves and have paid back investors with our personally held coins. All investors who were part of the bankroll at the time of the incident have had all related losses credited back to their investments.

Ouch.



On the bright side,another piece of evidence to the integrity of bitvest.
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
Everything looks alright on Bitvest right now. The Keno function is returned to normal and I just asked in chat, everything seems to be okay. Just be patient if not,,, things always take time to fix. Thank you lightlord for making things all right.

Which coin was lost to you, if you do not mind sharing?

Happy Thursday everybody:)
donator
Activity: 3228
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
On August 14, 2019, a bug was exploited in Keno. The exploit allowed anyone to win the maximum multiplier in "Top Bottom" mode when placing a very specific malformed bet. This resulted in a user winning a large sum of funds and withdrawing the maximum amount possible without triggering manual withdrawals. This caused irrecoverable losses to investors equal to the balance of the hot wallets.

We have taken the losses on ourselves and have paid back investors with our personally held coins. All investors who were part of the bankroll at the time of the incident have had all related losses credited back to their investments.
sr. member
Activity: 980
Merit: 260
Any idea on when withdraws will be available again?

Not sure, but have you tried messaging in the Telegram group as typically you'll get a much faster reply?

Can you share link to telegram please?  (pm me if it's not public)

See if this link works: https://cryptwerk.com/company/bitvest/#.XVSOvLj8Iac.telegram
If you still can't reach them then try the alternatives as below: https://cryptwerk.com/company/bitvest/
Good luck!

legendary
Activity: 1582
Merit: 1031
can anyone show me the annual rates form his investment ?
And  do the rates change often ?


regards
legendary
Activity: 2660
Merit: 2064
Join the world-leading crypto sportsbook NOW!
Any idea on when withdraws will be available again?

Not sure, but have you tried messaging in the Telegram group as typically you'll get a much faster reply?

Can you share link to telegram please?  (pm me if it's not public)
sr. member
Activity: 980
Merit: 260
Any idea on when withdraws will be available again?

Not sure, but have you tried messaging in the Telegram group as typically you'll get a much faster reply?
legendary
Activity: 2660
Merit: 2064
Join the world-leading crypto sportsbook NOW!
Any idea on when withdraws will be available again?
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
Look at all those bonus rains happening all the time,,, and seeing people get like that much just for chatting and being active, who says crypto gambling is not amazing right?

Anyway,,, back to refill my quest bar. I see BTC investments have been slowly picking up too!
donator
Activity: 3228
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
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