Topic: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet - page 2. (Read 13246 times)

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?

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?

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.

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.

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.


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?


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"


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.

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.


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.

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.

It's working fine for me know, it must have been my internet then.

Just worried as I own 70% of the bankroll.

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 ?

Is the site down? It is for me at least...

This does not explain:


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.

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.

Yes is recent, to night no probleme .



Pb is allway present

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
Commission free until is not update with divest

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?

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.

Exactly the same type of behavior hes exhibiting when addressing my concerns.