Topic: bustadice – Dilution fee lowered to 1% (Read 37133 times)

Good news! both bustabit and bustadice are back online. Thanks for hanging in there. Let the fun begin! (while we continue monitoring things).

Just a quick update: Everything is going to plan with no unexpected problems. However, parts of the migration are taking longer than anticipated. We expect to bring bustabit back online first in the next few hours. Due to its database's size bustadice will likely need closer to 12 hours from now. Leo or I will update this thread again once we can provide a better estimate.

I just got to know about this today. An end to a rather colorful era. Hopefully, leomedina continues the great work and reputation from where you have left. Thanks for the great times.

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Perhaps email reminders to existing customers could also be necessary as early as possible.

It is now at 144.
 
Personally, I think the sale is probably a good move because the new owner/operator already possesses the know-how to run Bustabit/Bustadice as well as improve them. It looks as though the new owner/operator will have to do a lot of work to gain the trust of investors even though devans has stated he has known and worked with him for several years.

I wish both the new owner and devans the best of success.

It was around 700.

The amount of money both Bustadice and Bustabit were making for the owner was extremely impressive. I have seen numbers regarding the divestment at Bustabit but viewed the Bustadice late, it is currently at 152 BTC. Does anybody know what the Bustadice bankroll was before the announcement was made by devans on 19th February 2024 regarding the sale of Bustadice (and Bustabit)?

Can anyone make me a custom script I can pay 20$

Any information on the other two parties?

Hey! I am going to use a 2-of-3 multisig wallet for funds along with a dead man's switch in case anything happens to me, so that users and investors will be able to get their money back.

@devans @leomedina

How is the cold wallet, dead man's switches etc. handling moving forward? Would you care to elaborate?

It's a very surprised decision but if that's for the good of players and for the good of those platforms then I don't think anything is wrong with that. Moneypot is known name by the members of Bitcointalk becasue they have run their signature campaign for sometime on this forum a few week ago, I don't know if they are still running it or not but I hope Leo Medina will be able to handle those platforms very well.

That statement is more than enough to convince all those people who invested on their money on the platform and it's also enough to convince the players who want to withdraw their funds. I'm quite sure most of the investors and players won't be withdrawing their money because they expect a lot from the platform.

Hey! As Daniel has already mentioned, I will be overseeing bustadice's operations moving forward.

I took advantage of the opportunity and integrated ActuallyFair.com's Vx into our multi-party provably fair scheme. Final roll results will now be computed with input from the player, the game server and Vx (instead of the old auditor), while preserving all provably fair guarantees. To see how it works, take a look at this comprehensive sequence diagram, at our open-source verifier, or at this illustrative demo.

We will continue to honor Bitcoin deposits to existing deposit addresses until June 1, 2024. After this date, they will become obsolete. Therefore, we ask that you stop depositing to your old deposit addresses by this date.

I've reached an agreement with Leo Medina to sell bustabit and bustadice. While most of you know him as the operator of MoneyPot, he's worked with me as part of our developer team behind the scenes for several years.

Here's what's happening:
Next Monday (February 26) at 15:00 UTC bustadice will go offline during its regular maintenance window and Leo will step in to take over. Because of the complicated nature of the transfer we expect the downtime to last longer than usual, up to a few hours. We will keep this thread updated with our progress.

What happens to bankroll investments?
I have reached out to all bankroll investors via email and asked those that do not want to remain invested in the bankroll to divest. Investors that I haven't been able to get in touch with by next week will be divested prior to the handover. It goes without saying that all users including investors are free to withdraw all their money at any time.

Guys don't even bother reasoning with him. He doesn't listen. His two other accounts were already banned, and yesterday he created a third one, which has already been nuked as well. He keeps doing the same thing over and over again. I wouldn't be surprised if he created another account to continue spamming. His immature kind of behaviors is very evident and I perfectly understand why they don't want him anywhere in Bustadice or Bustabit.

If he comes back, don't bother wasting your time engaging with him. Just report the account to the mods for ban evasion. They will deal with him.

Casinos have all this in check and that is why they have a house edge in their probably fair system, and also some casinos have some other features that they use to generate liquidities such as the bankroll investment which is available on some casinos, and bustadice is one of such casinos that have this feature in their casinos and at most allot of other casinos have such feature also.
Liquidity is one very important thing for a casino and at that any casino that can not meet up with a large pool of liquidity to settle any possible max bet jackpot is likely going to get broke at some point.

Well, right now, you are actually spamming, and this is not going to end well for you is you continue, i believe this account is not your first account on this forum, why are you not posting with your main account?, why did you created a new account?..

Have you created a scam accusation on this same issue before?

I personally know that 600 pounds is sure a lot of money, and I understand how hurt you must be right now, but you need to calm down, else, you might end up being banned if you continue spamming, posting multiple comments on a thread sequentially just as you did above is going against the forum rules, permanent ban is the penalty for doing such, so have that in mind and say everything you want to say in one comment, and then allow some one else to respond before you post another.

bustadice actually moved from a 2-of-3 wallet to a 2-of-2 wallet a while back. While I updated the homepage back then, I hadn't updated the OP in this thread yet, so it's good that you point it out. The auditor (Ryan) is still the second keyholder, so the only thing that's changed is that redundancy is now provided by a combination of backups, dead man's switches etc. rather than a third keyholder.

To answer your question, we're rarely in the same location at the same time, but even if something happened to both of us at once I can promise that everyone including investors would be able to withdraw their money in an orderly fashion.

See their previous accusation here: https://bitcointalksearch.org/topic/bustabitcom-owner-devans-false-ban-and-unnecessary-locking-of-funds-5434833 and bustabit's thread here: https://bitcointalksearch.org/topic/bustabit-the-original-crash-game-2897545. bustabit has the right to refuse service to anyone especially if they clearly have a gambling problem and other issues. This horse has been beaten to death in bustabit's thread already, so I'm not going to comment on it any more in this thread, which is about bustadice.

Wow..
Now, I get a glimpse of what the issue is all about.
Assuming you are telling the truth, then here is what i have to say..

First , Fudding a casino for losing your games is really uncalled for, but I assume this emanated from your lack of understanding of what gambling is all about, and for someone who does not understand that gambling is all about luck, winning and losing, such person shouldn't really be gambling, your win is your win and your loss is your loss, a gambler should take whatever be the outcome of his or her game and not blame the casino as long as he or she does not sense any form of cheating on the part of the casino.

So as long as you do not fud a casino when you win, it is absolutely inappropriate to fud the same casino when you lose, so on this part, you are wrong, but then, it is rather unprofessional for the casino to ban you completely for this reason with your funds on your account, they least they would have done is ban you and allow you to take out your money.
Right now, i see what the casino have done as stealing, since you have not broken any of the casino's rules that warrant forfeiture of the funds in your account to the casino, them forcefully not allowing you to withdraw your fund simply because you fudded the casino is unwarranted and unprofessional, millions of businesses around the world have thousands, hundreds or tens of customers (depending on their customer base) who fud the business, but still, the business owners find a way to manage everyone.

Anyways, if the casino refuse to give you back your money, I will suggest you create a scam accusation against them, you can do this in the scam and accusation board, do this and the community be the judge..

By the way, how much are we talking about here?.