Topic: Greetings from the new 🌟🌟MoneyPot🌟🌟 staff - page 9. (Read 10998 times)

OK. When you said:


it sounded like you were moving your current investors coins over to moneypot without asking them. I don't see how else you can justify making that claim.


If you're measuring trustworthiness by number of Bitcoins held, biggest bets, volume, profit, or any other similar measure (and that does appear to be what you're doing) then I don't think betking's stats come anywhere near to Just-Dice's.


I'm not saying there's no solution, but as far as I know nobody has implemented a solution. Currently Ryan is in the position of being able to win on your MP app whenever he wants to. He knows the server seed, so knows the outcome of each bet before it happens. This is something investors need to take into account when deciding which bankroll to invest in.

(As for possible solutions, you can imagine a system where three different people ran servers, each of which had their own server seed, and each bet had to pass through all three servers to generate the roll. That way the only way to cheat investors would be if all three people colluded.)


Only if they knew about the switchover. There are quite a few people who still didn't withdraw their BTC from the JD bankroll, 18 months after the site shut down. Some investors just like to "invest and forget". But it turns out that Dean isn't moving the 3000 BTC over from BK to MP after all - he's going to have the investors withdraw from BK and deposit to MP, so the point is moot.


I wasn't meaning to cast any aspersions. I've had run-ins with Dean in the past, but he seems trustworthy enough. I don't know how much of a team player he is, but I'm in no position to criticize on that score either.

Keep in mind Dooglus was new at some point. Nico was new at some point. Everyone had their start and proved themselves. We will do the same, .


Nobody can answer that. Returns are based on volume + player losses. Even from today to tomorrow nobody knows. For reference, I went from +13% in MP to -9% in a one-week period before. Variance.

This is exciting news. I was an investor on MoneyPot, how will investing be different? I was getting very nice returns from MoneyPot, will the returns be similar?

Thanks,

Hopefully we will get to see low fees for transactions ! 
Hosting a casino on the wallet itself sounds like a good idea but how many casino owners have agreed to do so ?

You should consider adding Florincoin - FLO, Vericoin - VRC Hyperstacke - HYP and Fluttercoin - FLT

Actually with they would have to withdraw and redeposit using the Money Pot account system.


BetKing.io has been running for over 2 and a half years (as pocketrocketscasino.eu) and has paid out many thousands of Bitcoin, there's been 35,000 Bitcoin withdrawn in the last year.
We've had players bet hundreds of Bitcoin at a time, up to 1300, and have had many withdrawals over 500, some over 1000.
We've had the biggest Bitcoin investor bankroll for over a year, 5000 at peak, currently 3000.

I think it's unfair to say it's not as trustworthy as PD (considering we look after more player funds at any time than PD) or JD.

Yes , all in all it is about ryan's  choice . Still if people are gambling with pretty nice amount of bitcoins they would'nt be as comfortable as they would be on PD or JD cause the owners carry their honesty by paying thousands of coins when they had to .
However , nothing is perfect in the beginning and let's see what they provide to the gambling community.

I dont think that its matter alot even if the rest of the team is not popular or even never post in bitcointalk. I do think Ryan has made some good research for the team capabilities and that is why he sold it to them and not to the other team

well , it doesn't matters how good the team is or they are able to handle that app or not but one sure thing is it's lacking the best and honest bictointalk  Dev's/expert's .However, ranlo and dean are also some popular forum profile's but majority of the team being unpopular could be a risk to high roller's.

therefore I said it is a dream team but it will stay a dream

>>>The current team should be well enough to handle MP<<<

even Dean is in the team?

I doubt that doog would want to take a piece of this thing due to the legal issue which is why he is switching his site to clams while I do agree that Nico is an outstanding security dev that should take a part in the team however The current team should be well enough to handle MP

agree that is what we thought when the auction of MP started. this would guarantee in our opinion a big success of MP but it looks like it is a dream (

It's nice to see all highly experienced guys contributing on a single project to get the best possible experience for gambler's and i hope it happens as intended .
The altcoin support is really a nice implementation but i honestly feel that Doog and Nico should also get in it .

I kinda forgot about this thing before you mentioned it


In other words we cant have a perfect solution to this and it is not a secret anymore that the holder of the server secret will have access to the "funds" in other words he can win since he knows the upcoming roll , doesnt really matter whoever holding the funds

hi ranlo

why did you quote my questions and answer to dooglus? IMO you should direct your answer to those users who gave their opinion regarding Dean

I was just asking and did not give any good or bad opinion about Dean because I don't know him and was surprised to hear such claims.

you @ranlo are well known and very much respected by our small team because we know you long enough.
but the same applies to @dooglus and @ erwin45hacked they are well known to us and very much respected

All I've read from people is unsubstantiated claims as to why Dean is a bad match. This means absolutely nothing. Ryan didn't sell MP to Dean, he sold it to myself and a few others that are a team here. WE included Dean. Ryan is fully aware of this.

So much misinformation in this thread it's ridiculous. We don't even have control over the site. Worrying about it is meaningless at this point. We welcome those that trust us and want to move forward with us. Those who don't are free to not invest. It's really a personal choice. But these FUD statements are just that: FUD. Adding Dean was NOT a spur-of-the-moment decision. We discussed it. We evaluated it. We decided it was the best move going forward. It wasn't a "I want Dean so I'm inviting him whether you want him or not" situation -- as a TEAM, we took all available information and made our decision. We don't operate based on one ONE person wants. We work TOGETHER.

MP is a BUSINESS. Not a small website that just kind of floats around. I know this is different from most "businesses" around here (in that 99.9% of the owners have no idea what they're doing and think everything's a get-rich scheme) but some of us actually understand business principles. Give us time. Quit with the FUD. If you want to make claims against someone, do it via PM and at least substantiate it.

are you saying that there is no 100% bullet proof solution to secure the investors coins? IMO this would surprise many investors because many investors believe that their only risk is the person they trust their coins/investment will run away with the coins



I understand your point but IMO the investors could divest before their coins are moved to MP or immediately after it is moved to MP or am I wrong?


if those 3 user are right that would mean that Ryan did not do his homework or he does not care to whom he sold MP. difficult to believe at least for me and I understood that Ryan sold MP to a group that not yet included Dean/BK and in this case the initial group who bought MP is to blame that they did not do their homework or they don't care because 3000 BTC BR is a nice starter

how could all of this harm the app owners? at what risk are they?

regards

2-of-3 multisig doesn't help you if the holder of the server seeds is corrupt because he can use the server seeds to win the majority of the bankroll and then the other multisig key holders have no choice but to allow him to withdraw the coins.

Ultimately, the server "knows" what rolls are coming up, and so the guy with access to the server also knows, and can abuse that knowledge. It's crucial that the investors trust everyone with server access.


It sounds as if you are making changes to Bet King that could potentially risk the funds of the investors - ie. you're switching to the MoneyPot model. That includes exposing your investors' coins to games with less than 1% house edge, which they didn't sign up for. It would be better in my opinion to require the investors to withdraw from the existing site and deposit to the new one. That way you are sure that they consent to the changes you are making.


That seems unfair. He has been an ass at times in the past, but it's not fair to assume that he will behave badly in the future.

It will be interesting to watch and see how everything works out.

to be frank I don't know him but as he is accepted by his team partners and by Ryan the seller of MP it looks like that we can trust him

and please give us more serious facts and not some foggy infos. oh and why didn't he ran already with the investors coins?

and to say that he is arrogant that doe not mean that we can't trust him. a few people here think also that I am arrogant and toxic does this mean that I can't be trusted? my partner is trusting me for about 40 years

How can you even partnership with dean.. the guy is a total a*s.  All he says is "look 0 problems happened in the past so I'm trusted". He's really stupid and not original. I really mind that dean will be the bitcoin holder.. the guy is a greedy fuck and I will not be surprised if he runs away with money in the future.

-Pizza