Pages:
Author

Topic: bustabit – The original crash game - page 54. (Read 61171 times)

sr. member
Activity: 574
Merit: 272
Buy Bitcoin!
July 28, 2020, 12:12:37 AM
I feel like everyone should actually read those fine prints when they are registering, be careful about what you are doing, this is a financial matter and if you are not careful you could actually lose all of your money. You have only 18k bits and that is fine and all but what if you had tens of bitcoin involved? That would have been catastrophic and you couldn't recover it and that would be the end of it.

I think devans will definitely help you out if he can, as long as he is capable of helping he has always helped everyone so far and never seen him left anyone without any help, but that doesn't mean he can, we don't know if he can, maybe what you did was an automatic thing and he can't help it even if he wants to? I don't know if that is the case but you should be more careful next time.


Devans will always help you if you get locked out of your account if you can provide enough proof its actually your account. I mean if you can provide IPs that you played from, deposit addresses/times or any other thing to verify its your account Daniel will help, but of course if you cant answer any of the questions maybe that account just isnt yours Wink
legendary
Activity: 3052
Merit: 1188
July 27, 2020, 03:30:04 PM
Hey my Bustabit username is Loophole121 , I  joined Bustabit and when i was registering i clicked the "I don’t want a way to recover my account. If I forget my password, please lock my account permanently." option because i thought that i was able to make my own password on the next page not seeing that they have already given me a preset password that i didnt copy down.This was completely my fault but i could've sworn Bustabit didn't require password to withdraw back then so i didn't think much of it.

I was wondering if i could seek some assistance from the creator of the game on this thread to manually reset my password. If requested i can request proof that it is indeed my account , i have the IP address that was used to create the account on a ss and i also can take a picture of my Bitcoin wallet that i deposited from.

I still have access to the account but i just cannot withdraw anything without the password i dont have , i currently only have 18k bits in the account but there's no point in playing if i cannot withdraw any of the bits. May i please get some assistance so i can continue playing. I've contacted support about this already but i wasn't sure if that was going to reach them. I've heard of many cases of people being able to reset your password back then but i also heard that there's a new owner to the site.
I feel like everyone should actually read those fine prints when they are registering, be careful about what you are doing, this is a financial matter and if you are not careful you could actually lose all of your money. You have only 18k bits and that is fine and all but what if you had tens of bitcoin involved? That would have been catastrophic and you couldn't recover it and that would be the end of it.

I think devans will definitely help you out if he can, as long as he is capable of helping he has always helped everyone so far and never seen him left anyone without any help, but that doesn't mean he can, we don't know if he can, maybe what you did was an automatic thing and he can't help it even if he wants to? I don't know if that is the case but you should be more careful next time.
sr. member
Activity: 574
Merit: 272
Buy Bitcoin!
July 27, 2020, 02:12:30 PM
As with any investment it all about patience.
Nobody should expect to come in, invest and double their money in a few weeks/months...
Its all about patience and being on the house side of things, still gambling but youre on the side of the house!  Cheesy
sr. member
Activity: 2030
Merit: 323
July 26, 2020, 10:45:46 AM
I have seen a couple of big players around yesterday/the last couple of days.
Bustabit has taken a small dent on the Bankroll, as I noticed on my investment this morning.

We have also seen some side action of Rock Paper Scissors Cheesy
Yeah everyone makes money this way, the bankroll takes the risk but also gets the biggest profit, devan is basically the owner of the whole website and could do whatever he wants at anytime he wants yet he still gives the lion share to investors which is a nice gesture, and gamblers do end up gambling a lot more this way because everyone is bankroll and that means bigger betting and more fun.

Investing into bustabit for long term has always been a great profitable thing, obviously it is gambling and there are times when it is not as profitable as it is on other times and there are moments whales end up winning a ton of money that causes you to lose, but in the end house always wins and your profit will always rise if you could just wait long enough time to take out your profit.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
July 25, 2020, 12:30:46 PM
Good to know you used the support form. Give him some time I am sure devans will be in touch with you as soon as he is able to.

Yea i did , im just super anxious right now lol so i also posted here for more help :p
newbie
Activity: 2
Merit: 0
July 25, 2020, 12:13:08 PM
Yea i did , im just super anxious right now lol so i also posted here for more help :p
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
July 25, 2020, 12:01:30 PM
Did you send a message to devans on the support page?: https://www.bustabit.com/support



Hey my Bustabit username is Loophole121 , I  joined Bustabit and when i was registering i clicked the "I don’t want a way to recover my account. If I forget my password, please lock my account permanently." option because i thought that i was able to make my own password on the next page not seeing that they have already given me a preset password that i didnt copy down.This was completely my fault but i could've sworn Bustabit didn't require password to withdraw back then so i didn't think much of it.

I was wondering if i could seek some assistance from the creator of the game on this thread to manually reset my password. If requested i can request proof that it is indeed my account , i have the IP address that was used to create the account on a ss and i also can take a picture of my Bitcoin wallet that i deposited from.

I still have access to the account but i just cannot withdraw anything without the password i dont have , i currently only have 18k bits in the account but there's no point in playing if i cannot withdraw any of the bits. May i please get some assistance so i can continue playing. I've contacted support about this already but i wasn't sure if that was going to reach them. I've heard of many cases of people being able to reset your password back then but i also heard that there's a new owner to the site.

-If by any chance the owner sees this please email [email protected]

newbie
Activity: 2
Merit: 0
July 25, 2020, 11:58:24 AM
Hey my Bustabit username is Loophole121 , I  joined Bustabit and when i was registering i clicked the "I don’t want a way to recover my account. If I forget my password, please lock my account permanently." option because i thought that i was able to make my own password on the next page not seeing that they have already given me a preset password that i didnt copy down.This was completely my fault but i could've sworn Bustabit didn't require password to withdraw back then so i didn't think much of it.

I was wondering if i could seek some assistance from the creator of the game on this thread to manually reset my password. If requested i can request proof that it is indeed my account , i have the IP address that was used to create the account on a ss and i also can take a picture of my Bitcoin wallet that i deposited from.

I still have access to the account but i just cannot withdraw anything without the password i dont have , i currently only have 18k bits in the account but there's no point in playing if i cannot withdraw any of the bits. May i please get some assistance so i can continue playing. I've contacted support about this already but i wasn't sure if that was going to reach them. I've heard of many cases of people being able to reset your password back then but i also heard that there's a new owner to the site.

-If by any chance the owner sees this please email [email protected]
legendary
Activity: 2604
Merit: 2353
July 24, 2020, 04:49:24 PM
WOW that's huge!
But does it mean bustabit won 100BTC or they've been distributed among other players?

It goes into the bankroll. The bankroll is owned by people who have "invested" in it (everyone has a stake, which represents what % of the bankroll they own). Bustabit itself charges 50% of all the bankroll-profits when ever it exceeds the historical "all time high" profit.


So a worked example:

 Say the bankroll is 1000 BTC. Then someone bets and wins 10 BTC.  They win from the bankroll, so the bankroll is 990 BTC. All investors stake remains the same. Now someone bets and loses 100 BTC. The bankroll would normally go: 990 + 100  = 1090 BTC. Except bustabit (aka Daniel) will want his cut. So he'd take 50% of the amount it's exceeded the historical highest profit. So in this case it'd be 50% of 90 BTC  = 45 BTC. So the bankroll will actually increase by 100 - 45 = 55 BTC, i.e. the new bankroll will be 990 + 45 = 1035 BTC.


So in summary:

When you invest or divest you get a % ownership of the bankroll (which adjusts other peoples % ownership). When players win, they win from the bankroll. When players lose, they lose to the bankroll (and bustabit's commission).
Thank you for the detailed explanations.
Well it seems to be pretty fair for everybody.
legendary
Activity: 2296
Merit: 2721
July 24, 2020, 12:41:17 AM
I partly meant that cause this is reality, some really buy their script to just appear good here and that's normal and personally I appreciate that at some point. I hate that nowadays some casinos that don't run crypto business and aren't in touch with bitcointalk, use bustabit code without paying them.
Do you have examples of such casinos? I haven't seen anything like that yet, but I think it's also quite cheeky to use something but not to pay any fees for e.g. the scripts. There might even be a thread in the Accusations-Board here in the forum appropriate.

I have seen a couple of big players around yesterday/the last couple of days.
Bustabit has taken a small dent on the Bankroll, as I noticed on my investment this morning.


It is a great pity that Bustabit is not listed on www.dicesites.com There you would see exactly how many BTC were set per week. Always find the statistics quite exciting:


Source

I suggested @efialtis that he could add such a feature to www.btcgosu.com (his plattform where he compares all the different crypto gambling sites, definitely worth a look). Then you would also see statistics about the used BTC etc. He lists a lot more casinos, even relatively new ones like wolf.bet.
sr. member
Activity: 574
Merit: 272
Buy Bitcoin!
July 24, 2020, 12:14:05 AM
I have seen a couple of big players around yesterday/the last couple of days.
Bustabit has taken a small dent on the Bankroll, as I noticed on my investment this morning.

We have also seen some side action of Rock Paper Scissors Cheesy
hero member
Activity: 2562
Merit: 586
July 22, 2020, 01:51:08 PM
IMO the reason why this place is such an important place for all gamblers and also most of casinos is the fact that this places was the start of crypto discussions and that is why it was seriously important for a long period of time and even today (and I believe in the future as well). Think about it, satoshi was here, all the people he worked with was here, all the people who helped satoshi perfect the blockchain was here, the guy who bought pizza for 10k bitcoin was here.

So, I would say that it is quite important to actually care for bitcointalk because people come here and talk about companies, if a company scams you or you think they did something wrong they come here and they make a complaint and that casino might even be in trouble because of that.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
July 22, 2020, 12:14:39 PM
As I see, the companies that bought license from bustabit are those who are active on bitcointalk and care about responses from bitcointalk users and about their reputation on this forum. Otherwise, no one cares about that.
That only companies that have licensed bustabit pay attention to their reputation here in the forum is of course not true, but I'm sure you didn't mean it that way Wink

I partly meant that cause this is reality, some really buy their script to just appear good here and that's normal and personally I appreciate that at some point. I hate that nowadays some casinos that don't run crypto business and aren't in touch with bitcointalk, use bustabit code without paying them.

Our forum has quite some weight in the cryptogambling area.  If you google for platforms you will quickly find posts and threads here.  So accusations or a bad image will lead directly to the fact that potential customers will jump off immediately.  So it is definitely worthwhile to be active for a platform here and to keep a positive image.
Yeah, it has weight and that's good. Because of this reason, a lot of users got funds that they deserved ( I mean scam accusations against some casinos, without them users' funds were just lost).

RHavar, you were original author of the Bustabit v1 code right? Did you ever consider trying to apply for a patent or any form of intellectual property?

That's a good question and I was really interested in that. Seems, his answer is following:
It was maybe a mistake, but bustabit never tried to control the game-concept (i.e. there's no patents or anything like that), just a copyright on the actual code that bustabit uses.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
July 22, 2020, 08:02:58 AM
My apology devans, I was under the impression there was only one v2 licence that you sold.

ethercrash is based on bustabit's v1 software as well. I haven't made the v2 code available for licensing and likely never will.
sr. member
Activity: 528
Merit: 368
July 22, 2020, 07:36:44 AM
ethercrash is based on bustabit's v1 software as well. I haven't made the v2 code available for licensing and likely never will.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
July 22, 2020, 03:55:21 AM
That example about using Tolkien words is an apt analogy.

With the older or original code some users abused the licence terms but with the new code not being made publicly available it seems nobody will be allowed to use it with the exception it seems being ethercrash.io as it seems to be running the same code as v2. Maybe the owners purchased the code making a special deal or arrangement with devans.

RHavar, you were original author of the Bustabit v1 code right? Did you ever consider trying to apply for a patent or any form of intellectual property?


As far as I know if someone wants to offer bustabit like game on their casino, they have to acquire license from you guys, am I correct?

People only need a license if they use bustabit's actual code. Bustabit made the old version opensource under a restrictive license that requires you to keep any changes you make also open source, and had an option to buy a license that allowed you to make changes without needing to make them also opensource. Many people however just use code and don't abide by the license, or use the actual bustabit code but try pretend they're not.

It was maybe a mistake, but bustabit never tried to control the game-concept (i.e. there's no patents or anything like that), just a copyright on the actual code that bustabit uses. Think something like lord-of-the-rings. If you want to write a book about elves and orcs and shit you don't need permission/license from Tolkien's estate. But if you want to actually use his words, you do.
legendary
Activity: 2296
Merit: 2721
July 22, 2020, 01:28:01 AM
As I see, the companies that bought license from bustabit are those who are active on bitcointalk and care about responses from bitcointalk users and about their reputation on this forum. Otherwise, no one cares about that.
That only companies that have licensed bustabit pay attention to their reputation here in the forum is of course not true, but I'm sure you didn't mean it that way Wink

Our forum has quite some weight in the cryptogambling area.  If you google for platforms you will quickly find posts and threads here.  So accusations or a bad image will lead directly to the fact that potential customers will jump off immediately.  So it is definitely worthwhile to be active for a platform here and to keep a positive image.
sr. member
Activity: 574
Merit: 272
Buy Bitcoin!
July 22, 2020, 12:13:10 AM
As I see, the companies that bought license from bustabit are those who are active on bitcointalk and care about responses from bitcointalk users and about their reputation on this forum. Otherwise, no one cares about that.

Im pretty sure there are people that dont do it like that.
I am always on Bitcointalk and check for a site for I even deposit any amount of crypto into it.
There are so many people on here that give reviews on sites, so its always good to check here before playing.
There are alot of shady crypto businesses around!
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
July 21, 2020, 06:58:58 PM
xxjumperxx
Thanks for the link, I was just looking into list and seems I can't find the casinos that I talk about.

RHavar
Thank you for your answer, seems yeah, that was a mistake and I think that mistake now costs a lot of dollars for them. Btw it's not possible to ask company about the code that they use, nor you can check it in public, so you can't prove that they used your code, right? And without doubt, they'll act like they wrote this code alone and other bla bla shits.

As I see, the companies that bought license from bustabit are those who are active on bitcointalk and care about responses from bitcointalk users and about their reputation on this forum. Otherwise, no one cares about that.
sr. member
Activity: 2660
Merit: 339
July 21, 2020, 05:07:26 PM
Moneypot was actually the original game of the crash game. Its inventor, Eric, had sold it to Ryan afaik

Original thread is here.
It's an interesting history for a casino.

Here's the auction thread, where moneypot (the original site with the crash game), was sold. Eric quoted saying the biggest bid was 100 BTC, in 2014... Shocked
So interesting that this is all out in the open.
That was also a great period when bitcoin was getting bigger and bigger. The period between 2014 fall to 2017 peak was the moment when bitcoin just got bigger and bigger and it turned from "the thing drug dealers and child "movies" uses for payment" to something like "wall street is taking a look at it and thinking about investing" and that 3-4 year period is when everything changed for bitcoin.

Moneypot was a big part of our culture, both as a crash game at first but then as bankroll of houses was something so rare that nobody else has ever done it after them, there is none right now in the market and its been a long long time since it was created so try to understand how difficult it was to make something like that and make it run for a while because if it was easy or too profitable everyone would have tried it already.
Pages:
Jump to: