Topic: Just-Dice.com : now with added CLAMs : Play or Invest - page 95. (Read 454769 times)

I agree to this, what if someone went on holiday for a month or so? Or what if someone invested and just waited for a fee months before  checking up on it because he doesn't immediatly need his bitcoins and he does not feel the need to check back often?

I believe someone who is not taking closer looks of what is happening would be very pissed when he founds out he missed some cut-off date, which he was never informed ever existed. It's very reasonable to assume there are lot of people trusting the site and never bother to check their BTC, treating the site as some kind of online wallet service. Of course you can not take care of their money forever, but one month cut-off date looks very, very short to me. If you ever decide to go this route, and inevitable face some very pissed off people in the future, make that cut-off date much longer, at least a few months, to maximize the chances one will eventually check what's happening. Also, i think it's very reasonable to change the front page with clear notification that end-of-service is closing. Notification in the chat area is not enough.

May I suggest other course of action that may solve your problems: Find a trustable escrow service, who is willing to deal with this situation, and send all cut-off money to them. This way you are relieved of all your obligations to the government because you are no longer in control of the funds, and those coins would be eventually retrievable from the escrow when some day owners remember they had some funds on JD.

Can't you just hold onto them in a "non-business" way and add a discrete and non-direct message on the website saying: "Persons whose bitcoins I am still 'keeping safe' can contact me at x"?

Wow I thought this was just a rumor and didn't think it was going to amount to anything..  I'd have to agree with a cut of date being re seasonable.  If you post a message on soical networking sites for just dice and the thread that should make users aware.  Also a message on the site and emails would be a good idea if possible.. 

Cut-off date is perfectly reasonable. Well, unless you're planning to re-launch the same site from different BTC/gambling friendly country. Then you can just move the investments there, with the same login/password.

But if that's not the case, just give everyone something between 2 weeks - 1 month time, announce that on official threads + /r/Bitcoin and /r/dogecoin and it should be fine. After all, everyone could submit email/emergency withdrawal address for the situations like this one. If they didn't - their loss.

Think you should keep any unclaimed funds just to be on a safe side. There's always a risk that authorities can question you about it (not likely, but still). And just hold on to it for whatever is the expiration period, after which they cannot charge you with anything (5 years?).

PS. I used both JD and DD, it was a pleasant experience. Thanks for that

It's almost 6 days since we announced we were suspending betting, and our coin liability has fallen from over 53k BTC to a little under 6k BTC. I have been emailing the accounts that have email addresses associated with them, and trying to use other means to track down the owners of large balances which don't have email addresses. One guy for instance had no email address, but his username came up on google as being the same as a very active poster on a big poker forum - so I PM'ed the account on the poker forum. I will continue trying to reach people until withdrawals slow right down. I just woke up and see that they're still happening relatively quickly - logs from the last 2 hours show 5 smallish withdrawals:


On JD I went through the accounts and divested everyone. It turned out there were 30 accounts with less than half a satoshi invested, which I couldn't divest. Those 30 sub-satoshi amounts summed to 5 satoshis. I changed the site code to allow me to divest those too so the bankroll went to zero, at which point an obscure bug was triggered which made the site forget everyone's "base" and "principal" figures, meaning that if/when the site comes back up, all investors would be due for commission from the start, even the ones who have already overpaid, and also everyone's investment profit was showing zero.

I pulled the lost data from a recent backup. I can highly recommend Tarsnap for your server backup needs:


I pay about 50 US cents per day (in Bitcoin) to maintain up-to-date encrypted backups of all server data and wallets.

So I recovered the data, put it back on the server, and now everything's fine again, but I didn't want to repeat the mistake on DD.

I don't encourage it because I don't want to support bots or hear from players who have lost their bankroll due to a malfunctioning bot.

But I don't discourage it either, so long as players run bots at their own risk.

"Invested/site" shows 0.00000000 it would suggest that every satoshi has already been claimed ().
On doge-dice there's still over 200m left.

dooglus can you disclose how much BTC have not been claimed? What will you do with them? Just curious

Lets say if the site was back up for whatever reason.

Isnt botting discouraged on the site..

Phew!!! I thought you took it down for forever, i was getting scared there
Thank god it's only down for maintenance!

xSunsetx

I've taken Just-Dice.com down for maintenance.

It will be back in an hour or two.

- http://www.reddit.com/r/Bitcoin/comments/29a4x5/what_the_justdice_investors_are_thinking/cij0ky0

That should be implemented as our beloved criminals should be well protected after the crime they've committed!

seriously though the sod who comes up with those ideas just astound me

in Canada there used to be a law (not sure if it's still like that) that said that whenever someone is released from prison they should be given a gun, bullets and a horse so they can travel the roads safely, or something like that.

In the Netherlands in regular casinos I believe they only have to ask questions if someone brings in over €10.000 at once.

So only allowing deposits up until a set amount per day/month may help avoid this law. But I don't know about Canadian laws. They are pretty weird sometimes.

Do they still offer a horse and a gun to criminals who have sit out their time in jail?

Can you open doge-dice and limit investments under one account to 100,000,000 DogeCoin? Surely the government doesn't expect you to try and correlate different accounts to look for potential common ownership. How would you do that anyway?

The restriction would by definition be small enough so that there were no suspicious activity of interest to the government. At least some of the smaller players would have a clean well lit place to go.

cold wallet transaction: http://pastie.org/9332437