Topic: bustabit – The original crash game - page 81. (Read 61526 times)

I got confused.
I visited this link: https://www.bustabit.com/user/easternunion . The diagram shows that easternunion has earned nearly 160 BTC.
But the diagram posted in the previous page (https://bitcointalksearch.org/topic/m.52719381) shows that this user has lost 150 BTC.

That's probably just your internet connection. The website is working fine for me. Also, FWIW, the user "easternunion" currently holds a net profit of 159,917,517.85 bits, which is close to 160 BTC (profit).

Actually I still have this problem, because I cant connect it again when it said connecting, at some moment it keeps on disconnecting and keep doing this thing again and again. I can't even checked on the easternunion stats which is walk away with negative 160 btc. I never saw someone is really losing that huge amount before. He is profitting 50 btc before he crashed to -160 btc

Our web host is experiencing some issues. I've moved to a different provider in the meantime and you should be able to connect normally again.

Everything is back up and good to go now 

Currently showing: "Maintenance"   Both are down, Bustabit and Bustadice.



Thank you for the information


160BTC. Now we are taking about phenomenal amounts of money. I wonder how many other gaming/casino sites have users walking away with that sort of cash. Plenty of users, trust, reputation and investment is needed to generate those sorts of amounts.

Visited bustadice and it says


The same error for bustabit

I think just for few hours. I've visited them earlier this day and it's still fine.

Edit: both are now in maintenance  and fixed

Not long it seems, first report was at 04:52. Also, games seem to be running fine with players playing normally (for those who are still connected). Pretty weird. Daniel is probably asleep so I'm sure it'll be fixed up in the AM.

Can confirm, doesn't work, doesn't work over Tor with different circuits, doesn't work over VPN. IP addresses from multiple European countries and the US. https://www.cloudflarestatus.com/ doesn't show anything. How long has it been down for others?

edit: both sites work now

News from the bustabit Discord, users from multiple countries are reporting that both bustabit and bustadice are down.

Edit: It appears that people connected to the site can still play (and not chat), but anyone who refreshes or tries to connect will get a DNS error

Some crazy whale action last night:


EasternUnion walked away with just under 160 BTC of profit 

Quoting an old post of mine about this matter :


So, unless I miss something, bustabit (formerly moneypot) was sold two times : from espringe to Rhavar and then from Rhavar to Devans.

How many times has Bustabit/Bustadice been sold? I thought RHavar created it and at some point sold it to devans. I do not know anything about multiple sales of Bustabit/Bustadice.

The bankroll part is purely commercial. I have no idea how much the websites were sold for and I do not know for sure why devans does not return all the bankroll to investors so he can cover everything himself. You make a valid point about it though.

Personally I think there will be issues returning the bankroll because maybe investors also play on the websites themselves which means plenty of regular game players thus a regular recurring income, therefore losing them would affect the website income flow when investors go elsewhere with their funds.

Maybe devans can shed some light on it

I am in no doubt that if ownership was to ever change hands the owner would give advance notice which would allow investors to pull out their funding (bankroll) any time they wanted before the websites were sold. To do anything less would be a completely reckless act and as we all know the websites and its owner has a great reputation and most (if not all) investors have complete confidence in him.

I am more interested in the fee I paid, not the fee paid in total.

Yeah, the bankroll's profit ATH will be shown on the stats page starting with the next patch this Sunday. You can already see the commission investors have paid on the same page. Subtract 1,004.44752087 BTC from that figure in case you're looking for the commission since the recent change.

Can we please have a feature how much fee we paid in total and until what profit the fee is paid already?

Terms of service agreements have to err on the side of caution. It's unlikely that devans will enforce much of it (for example, a large percentage of bustabit's userbase is from the USA and the Netherlands, and he could have blocked their withdrawals at any point, but he continually chooses not to). Similarly, although devans is reserving the right to take over dormant accounts, I'm sure if a player resurfaced, devans would credit the balance appropriately. It's what I would do, at least.

Having a harsh agreement in place simply removes liability in extreme circumstances. For players with unreasonable demands and expectations, a harsh agreement lets the operator have peace of mind: they can use their discretion when it comes to issues like this. If devans receives Bitcoin Gold or Bitcoin Cash from a player, he can choose to return it at his own discretion, but a player has no right to demand it. This just makes things easier during operation as players know exactly what to expect.

As RHavar stated, seeing as that the hash chain for bustabit has not changed, I'd say there's a near zero chance that bustabit has changed hands.

Thanks for quick reply and stating your position.  That's a good point about the hashchain and strongly points to the site not being sold.  I will be PMing you something not regarding bustadice/bustabit, but related to my inquisition.

Not easy to prove, if this account has access to an address which was previous posted and can sign a message perhaps?

I assigned a non-zero chance that the site was sold, hence my inquiry:
-Not mentioning the upcoming changes
-New quite harsh TOS

-"All funds of deleted dormant accounts including their balance and any bankroll investments are forfeited by the user and assumed by the operator."
 This should only apply to newly created accounts, imagine someone is in a coma for 2 years, users should also be notified by email of new TOS.
- There are more ethical ways of implementing this:
Dormant fee (like what banks do) OR User can specify an emergency cashout address which is used after two years OR All user must specify cashout address upon account creation, OR just don't have a dormant fee since most sites don't.

-"Other cryptocurrencies sent to the service's deposit addresses can not be accessed by the operator and will not be credited to the user's account or returned to the user."
A more ethical way would be doing what other exchanges have done, usually non recoverable for small amounts, recoverable at the sole discretion of the operator for amounts exceeding $xxxxx and will incur a fee of $1000+20% (random example).

-If there was a new owner, they possibly want double the profit, if bankroll reduction was the goal while increasing volume, the house edge could have been lowered to 0.75%, giving 0.25% to owner and 0.50% to investors, and increasing the dilution fee.

-I'll try to be non-bias, in favor of the site not sold: same hashchain as RHavar pointed out,  quick replies and transparency, no hard evidence of site sold.

I mainly just wanted to discuss this topic and bring it to attention, or as a possibility in the future.