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Topic: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet - page 2. (Read 13252 times)

hero member
Activity: 980
Merit: 1000
www.DonateMedia.org
The Bitcoin hotwallet seems to be empty, keeps showing that error when I try to withdraw. Could you give a date when it will be refilled?
hero member
Activity: 658
Merit: 503
Monero Core Team
I'd like to share some thoughts

Say the bankroll is 10,000 XMR. I place 1,000 XMR, I have 10% of bankroll so if someone loses 50 XMR, I'm eligible to 5 XMR.

Now I leverage at 4:1 and the average leverage is 30:1. The bankrage is now 300,000 XMR and my own contribution is 4,000 XMR, which is 1,33%. So, if some wins 50 XMR, I only get 2,3%.

Conclusion: leverage does impact your APR. If you leverage less than the average, you'll get less interest (and less risk of losing). I tended to consider that casino offers a 50% APR, but leverage makes is harder to get this, since investors make it riskier. To stick with a 50% APR, you must match the average leverage. If you are surrounded by risk-takers (like it is the case for XMR), you end up with something not much less risky than trading.

Do I have something wrong here?
legendary
Activity: 1456
Merit: 1000
Hi smooth,

you're asking to me for posting private details about a player. Even in that circumstance, I'll not break my privacy politic.



No one is asking for a users name.  Your last explanation to my questions used a fake scenario to try and explain something.  Instead of using a fake or made up example of how Me and another Investor lost 2 million doge which was not reflected in your sites data how about you provide us with mathematical proof of that very example where 2 million disappeared.  I already told you to feel free to release my data from your site and for the player which you say won you can call them player X and not use their name.  That way you are not violating anyone's privacy.  Hiding behind this excuse will not help.  Its trivial to sanitize any data you need to release in order to prove your point, that way no ones privacy is violated.

full member
Activity: 231
Merit: 100
I would be thoroughly surprised if Bobbax comes around and actually provides information.

It's classic stall-technique. So far all we have seen is question dodging.
legendary
Activity: 2968
Merit: 1198
Hi smooth,

you're asking to me for posting private details about a player. Even in that circumstance, I'll not break my privacy politic.

No I'm not, I'm asking for details about when leverage was changed and by what amount, not by whom.

Without this information it is quite impossible for investors to ever audit the calculation of their return. You've turned the site, for investors, into an opaque web casino, with in effect no auditable, verifiable or provable outcomes.

Quote
Also, what's your guarantee that I'll not send you faked logs ? Nothing.

Correct, but it is more and more work for a dishonest site to continually release fake but credible, logs, perhaps to the point of impracticality. Whereas for an honest site, releasing credible logs is incredibly easy, because they are the actual logs. See where I'm going with this?

Quote
And I'll be asked for more and more stuff. This is endless.

No, you are only being asked for enough information so that investors can view and audit how their returns were calculated, as opposed to it being a complete black box, which is currently the case. You are not being asked for "more and more stuff"

Quote
By the way, even the last logs I sent wasn't even monitored and compared with the site's bets, there is a 1M bet in it, nobody checked.

Please explain. You sent fake logs? Or am I misunderstanding something?

Whether anyone checks or not isn't really the point. People can check and that keeps sites honest because sooner or later someone will check and a dishonest site will get caught.

I'm not accusing you of being a dishonest site. I'm asking for information that lets people check on your honesty, if they chose to do so, rather than taking your word for it.

member
Activity: 70
Merit: 10
Cryptocoins-dice.com
Hi smooth,

you're asking to me for posting private details about a player. Even in that circumstance, I'll not break my privacy politic.

Quote
but if this happens frequently it becomes not credible it is merely lucky timing

It's still possible to switch leverage and play that way. However since a recent patch the impact is lower. That's because the max profit rely now to the initial bankroll instead of bankroll with leverage.

Also, what's your guarantee that I'll not send you faked logs ? Nothing. And I'll be asked for more and more stuff. This is endless.
By the way, even the last logs I sent wasn't even monitored and compared with the site's bets, there is a 1M bet in it, nobody checked.

The site is providing tools that I keep updating, but at this state, there is no chart showing the bankroll with leverage second after second and no tool that pointing players who playing back coins from own investment, also no alerts when you starting to lost/win high on investment.

My bad is some peoples lost money from their invest on that run.
legendary
Activity: 2968
Merit: 1198
I made a basic graph to provide a better explanation.

Please post the actual logs (and not a "basic graph") that allow this to be audited and inspected for credibility.

Yes it is possible that an investor can increase his leverage immediately before a big player loss and then decrease it immediately after, thereby capturing a disproportionately large portion of the win, but if this happens frequently it becomes not credible it is merely lucky timing.
member
Activity: 70
Merit: 10
Cryptocoins-dice.com
legendary
Activity: 1456
Merit: 1000
hero member
Activity: 980
Merit: 1000
www.DonateMedia.org
Is the site down? It is for me at least...

The site is up, shouldn't be down for you. Could you try again and keep me updated ?
If the site is still down for you, could you send me a PM with some hints, like from what country are you trying to connect ?
It's working fine for me know, it must have been my internet then. Tongue

Just worried as I own 70% of the bankroll. Wink
member
Activity: 70
Merit: 10
Cryptocoins-dice.com
Is the site down? It is for me at least...

The site is up, shouldn't be down for you. Could you try again and keep me updated ?
If the site is still down for you, could you send me a PM with some hints, like from what country are you trying to connect ?
hero member
Activity: 980
Merit: 1000
www.DonateMedia.org
Is the site down? It is for me at least...
legendary
Activity: 2968
Merit: 1198


This does not explain:

during a time period in which the house lost 2 million fluffypony and I both lost over 2 million each.

I can imagine how it might be possible but without more transparency on the entire process including investment and leverage changes you aren't going to restore confidence. Another possibility is that wpalczynski is mistaken and that didn't happen. Either way, please document it.

Just posting log files on a one time basis to put out the fire now is not good enough either, they need to be available ongoing.

member
Activity: 70
Merit: 10
Cryptocoins-dice.com
There was no insult from my side - I said you would have a hard time proving you're not a scam given the situation, that is not incorrect. I further said that someone with greater familiarity with the dynamic would need to look at the code, and that is also not incorrect. I'm not suggesting you open-source your code, but you could definitely open-source or privately distribute the investment / betting algorithms responsible for this behaviour.

I don't want an answer from smooth, I want to be treated by the company owner like I am a sizeable investor. Because I am, even after this 90% loss. Continuing to dodge around semantics and my word choices just makes you look guilty

Hi,

sorry to be late on that. Here all the bets done by the player:

https://www.cryptocoins-dice.com/files/zip/bets.tar.gz

The server seed is not revealed because the player is still using that seed.

You'll find 2 files. 1 JSON with all the bets from her run, and a simple nodeJS file to calculate the total amount he won from that run.
The script will show that he won 4,423,680 DOGE.

Here the DOGE chart:



3,590,000 + 830,000 = 4,420,000

Even without looking to the other players bets we can see that's pretty much accurate.

edit: I'm checking out for the commission, i'll refund the overflow if I find something.
legendary
Activity: 1918
Merit: 1190
Yes is recent, to night no probleme .

Code:
 Bitcoin	28 Feb @ 23:40:53	0.50000000	0.00000000	0.00000000
 Bitcoin 28 Feb @ 23:02:38 0.00473191 0.00000000 0.00000000
 Bitcoin 28 Feb @ 23:02:03 0.02000000 0.00473191 0.00047319


Pb is allway present
Code:
 Ripple	01 Mar @ 14:31:35	2,995.81957613	2.04412654	0.20441265
 Ripple 01 Mar @ 14:31:21 2,996.02397339 2.04397339 0.20439733
legendary
Activity: 1456
Merit: 1000
If true this must be a bug introduced with one of the latest code changes because I was certainly charged a commission on my very modest Monero earnings when I divested.

Bug with fee on divest Sad
Commission free until is not update with divest

Quote
Dogecoin   01 Mar @ 07:10:28   502,495.47669370   95,140.05975568   9,514.00597556
 Dogecoin   01 Mar @ 07:06:20   508,481.14166468   91,929.04943277   9,192.90494327
 Dogecoin   01 Mar @ 07:06:13   517,609.63316921   91,247.21153915   9,124.72115391


legendary
Activity: 1918
Merit: 1190
Bug with fee on divest Sad
Commission free until is not update with divest

Quote
Dogecoin   01 Mar @ 07:10:28   502,495.47669370   95,140.05975568   9,514.00597556
 Dogecoin   01 Mar @ 07:06:20   508,481.14166468   91,929.04943277   9,192.90494327
 Dogecoin   01 Mar @ 07:06:13   517,609.63316921   91,247.21153915   9,124.72115391

legendary
Activity: 1456
Merit: 1000
It is hard for me to understand what you write.  Could you please explain this in French and I can translate with Google or something?

Please disable leverage!!!

You are more litle for proposal leverage .

Quote
23:39:41 <@davidlatapie> Tu sais quoi ? Met en pratique et montre nous
23:42:12 <@davidlatapie> Je vais me coucher, bonne nuit

45 Minutes after CCD print information lost 0.12BTC.
CCD as lost 0.15BTC not investor .

I have luck with me on start POC .
I have win only 0.04 BTC on gambler view reduce investisor view.

And my investisor AT as switch 0.00047319 -> -0.09571797   ( not fee for me for next 0.15BTC on investisor )
All Investisor lost only 0.04 ( Results only of my luck )

I can make POC more extrem
For 0.5 BTC  LOST , I can make AT Site lost more between 50 BTC and 100BTC  
And same time regulare investor share 0.5BTC  and my investisor page as 50BTC and 100BTC of profit without fee.
 




legendary
Activity: 2968
Merit: 1198
Hi fluffy,

Quote
You're going to have a hard time proving this isn't a scam. Someone far more familiar with martingale and gambling dynamics will have to look at your code to see where you screwed up.

You're not the only accusing my site of being a scam right after that loss for the investors.
I'm not here to insult peoples but I'm not here to be insulted too.

There was no insult from my side - I said you would have a hard time proving you're not a scam given the situation, that is not incorrect. I further said that someone with greater familiarity with the dynamic would need to look at the code, and that is also not incorrect. I'm not suggesting you open-source your code, but you could definitely open-source or privately distribute the investment / betting algorithms responsible for this behaviour.

I don't want an answer from smooth, I want to be treated by the company owner like I am a sizeable investor. Because I am, even after this 90% loss. Continuing to dodge around semantics and my word choices just makes you look guilty

I totally agree that more transparency about the process and effect of investment and leverage changes is definitely needed. I've told Bobbax that this is the only thing I think will enable to him to retain both a leverage feature and some degree of user confidence. This is just my opinion though, ultimately it is his call what if anything to do here.
legendary
Activity: 1456
Merit: 1000
Exactly the same type of behavior hes exhibiting when addressing my concerns.

Hi fluffy,

Quote
You're going to have a hard time proving this isn't a scam. Someone far more familiar with martingale and gambling dynamics will have to look at your code to see where you screwed up.

You're not the only accusing my site of being a scam right after that loss for the investors.
I'm not here to insult peoples but I'm not here to be insulted too.

There was no insult from my side - I said you would have a hard time proving you're not a scam given the situation, that is not incorrect. I further said that someone with greater familiarity with the dynamic would need to look at the code, and that is also not incorrect. I'm not suggesting you open-source your code, but you could definitely open-source or privately distribute the investment / betting algorithms responsible for this behaviour.

I don't want an answer from smooth, I want to be treated by the company owner like I am a sizeable investor. Because I am, even after this 90% loss. Continuing to dodge around semantics and my word choices just makes you look guilty
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