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Topic: How safe is it to invest in just-dice - page 9. (Read 15252 times)

newbie
Activity: 40
Merit: 0
June 04, 2014, 01:17:21 PM
#45
one of the old dice sites
full member
Activity: 196
Merit: 101
I'm going to try Just-Dice, I was unconfident with it but this thread, with all the positive feedbacks, changed my mind  Smiley
hero member
Activity: 602
Merit: 500
Acc bought - used solely for signature testing
Its very safe to put it into Just-dice. However, if he dies I don't know if there is a deadman switch in place. From what I've heard, Doog is kind of a old guy... Wink
member
Activity: 112
Merit: 10
You don't need to worry about JD's legitimacy. I know of people who've invested 1000 BTC into the site.

I'm not saying JD is not good.

But just people put in a lot of money doesn't prove anything, think about Bernard Madoff

full member
Activity: 140
Merit: 100
You don't need to worry about JD's legitimacy. I know of people who've invested 1000 BTC into the site.
hero member
Activity: 546
Merit: 500
Carpe Diem
When I was researching investing, just-dice was my #1 choice in terms of transparency and reputation of the admin.  Guess you can certainly put it above everydice now. 
hero member
Activity: 1022
Merit: 500
Can you please lock this topic as its been resolved? thanks  Smiley

It can be an ongoing discussion Wink
hero member
Activity: 1008
Merit: 515
It's very safe, they have set up an emergency withdrawal address and everything. "Emergency meaning that if anything happens to the owner all your investments and amount in your account from the cold wallet will be automatically transferred to your address if anything were to happen".

cold wallet + automatically transferred? i see a contradiction here.
They have a large cold wallet (14o7zMMUJkG6De24r3JkJ6USgChq7iWF86) and several small hot wallets.
hero member
Activity: 1022
Merit: 500
It's very safe, they have set up an emergency withdrawal address and everything. "Emergency meaning that if anything happens to the owner all your investments and amount in your account from the cold wallet will be automatically transferred to your address if anything were to happen".

cold wallet + automatically transferred? i see a contradiction here.

Cold storage but it can be plugged in and transferred automatically once plugged in if needed
newbie
Activity: 13
Merit: 0
It's very safe, they have set up an emergency withdrawal address and everything. "Emergency meaning that if anything happens to the owner all your investments and amount in your account from the cold wallet will be automatically transferred to your address if anything were to happen".

cold wallet + automatically transferred? i see a contradiction here.
hero member
Activity: 1022
Merit: 500
I tend to always be on the loosing end when it comes to investing in any type of gambling site. I'd stay away from it as much as possible.

Can you elaborate? Where did you invest?
legendary
Activity: 2828
Merit: 1515
I tend to always be on the loosing end when it comes to investing in any type of gambling site. I'd stay away from it as much as possible.
hero member
Activity: 574
Merit: 500
Can you please lock this topic as its been resolved? thanks  Smiley
hero member
Activity: 1022
Merit: 500
It's the first one to be probably fair

While I do like just dice what your stating here is false.

Just dice.... is perhaps the ~25th to 50th bitcoin gambling site to be provably fair.

There first few are the original bitcoin lotto (good turned scam and now offline) or bitcoin darts (still plugging along Cheesy) closely followed by satoshidice.

If you can't trust just-dice then you can't trust any site as they are the oldest and the best in my honest opinion.

They have been running from June 20 2013 so not that old but the site seems to be managed quite ok and they have build a lot of trust

Yes, and prior to that doog was incredible helpful in reviewing gambling sites for my list and also would generate his satoshidice profit graphs.

As far as trusting doog to handle your money safely, well so far so good Smiley

Thank you for the feedback, it was on a public forum and only a year ago but it was forgotten and people speculate

The risk involved in investing in Just-D is good because it is the reason why the rate of return is high
mem
hero member
Activity: 644
Merit: 501
Herp Derp PTY LTD
It's the first one to be probably fair

While I do like just dice what your stating here is false.

Just dice.... is perhaps the ~25th to 50th bitcoin gambling site to be provably fair.

There first few are the original bitcoin lotto (good turned scam and now offline) or bitcoin darts (still plugging along Cheesy) closely followed by satoshidice.

If you can't trust just-dice then you can't trust any site as they are the oldest and the best in my honest opinion.

They have been running from June 20 2013 so not that old but the site seems to be managed quite ok and they have build a lot of trust

Yes, and prior to that doog was incredible helpful in reviewing gambling sites for my list and also would generate his satoshidice profit graphs.

As far as trusting doog to handle your money safely, well so far so good Smiley
hero member
Activity: 1022
Merit: 500
I investigated as well.  Site and owner seem very legit.  I wonder where the site and server and owner are located, in terms of if they're in the US, that could be a risk.  Otherwise the principle could go up and down but should go up given enough time.
It's a .com domain - that means it's managed by a US company. (I'm talking about who manages the .com zone, not the site itself)
The Registrar is in the US as well.
Regarding hosting, they're using cloudflare (which is in the US), but I don't know where their server is physically located.

You would think the government agencies would shut it down
hero member
Activity: 644
Merit: 500
On the site, the "invested" amount is currectly at 36,085.
So the total bankroll would be that 36,085 + original funds from owners?

The bankroll is the amount stated on the website, the owners take a 10% cut on profits
Does this mean the owners have invested 0 BTC into the site's bankroll?

No. I'm pretty sure Doog started the site with 100BTC, though, I'm not sure if he still has it in the site.
hero member
Activity: 896
Merit: 527
₿₿₿₿₿₿₿
On the site, the "invested" amount is currectly at 36,085.
So the total bankroll would be that 36,085 + original funds from owners?

The bankroll is the amount stated on the website, the owners take a 10% cut on profits
Does this mean the owners have invested 0 BTC into the site's bankroll?
legendary
Activity: 2604
Merit: 1036
What is the monthly incentive for investing in the site?
hero member
Activity: 1022
Merit: 500
On the site, the "invested" amount is currectly at 36,085.
So the total bankroll would be that 36,085 + original funds from owners?

The bankroll is the amount stated on the website, the owners take a 10% cut on profits
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