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Topic: MegaDice - Play Instant Bitcoin Dice & Be Part of the Bankroll - page 9. (Read 34684 times)

member
Activity: 106
Merit: 11
Could you not automatically ban IPs that are connecting with a secret key that leads to an account with any amount of btc in it? I think is perfectly reasonable to assume that people trying to access their own bitcoins are not the ones behind the ddos.
full member
Activity: 129
Merit: 100
Satoshi Dice Support
Why is there only 2000 BTC in cold storage suddenly from 4500? that's much less trust/confidence in the existence/security of stated funds then before; less then half of the bank to be shown is very little assurance. I just checked the balances on those 2 addressess and they add up to about 4300, so it's there, but on the site it says each has about 1000, leading one to believe a priori that only about 2000BTC are in those 2 cold storage addresses, so I'd fix this and display on the website the 3000 of that first one instead of 1000 if I were you and wanted to attract investors.
I have fixed this. The text is currently static and needs to be updated every now and then.

I still take issue with the following about lack of 2FA:

speaking of security, why haven't you got an optional 2FA security for users? unless you consider the password the 2nd factor, and the url the 1st? not nearly the same level of security as an OTP accessible from ones smartphone, like google authenticator IE.

please introduce 2FA ASAP, and increase the cold storage (at least 3/4 or so); until then I don't feel safe to put my money on something with so little assurance and security.
Yes, we're implementing this.


I also noticed that some of the numbers on the section "How Investor's Percentages of the Bankroll Are Determined" are wrong.

"The original investor's 15 coins now make up 75% and the new investor's 5 coins make up 25% of the total bankroll. If now another 10 coins are lost by players, the first investor gets 7.5 coins and the second investor gets 22.5 2.5 coins, bringing their investments up to 22.5 and 7.7 7.5 coins"
You are correct, I have updated the text!

and one clarification, the stated "house profit" is the investor profit right? the expected 0.95% of wagered BTC; not the total casino profit expected house edge of 1.9% correct?
"House profit" is profit taken from bets minus wins (1.9% edge). So the amount being paid to investor's is half of this (can be considered 0.95% edge)


another thing, on the "Potential Risks for Investors"

in the last part you should also include the risk of the operators of satoshidice playing as  a player but having access to the server seed know in advance what the outcome will be thus can win every bet, thus scamming money from investors. unless you found some solution to this problem of the current implementation of provably fair.
Yes, this is true. I added it. The same applies if there's unauthorised access to the server and someone can create winning bets.

lastly, I still can't access users pages, stats pages, new user, and others; is this still from the ddos?
Yes, we're still under a heavy DDoS attack, but it's under control thanks to hardware DDoS protection. We're still tweaking the DDoS protection rules and believe the attacker runs completely out of variations soon. We expect user profile pages to be enabled today.
newbie
Activity: 3
Merit: 0
A few days ago we have changed the main cold storage to:
1DmqFgYfKMT1F8B3tGhVMFf82vdgdSsjNV
Signed Message: Satoshi Dice Cold Storage signed 2015-12-27

And secondary cold storage: 18e5jpfn9zo9GQov1Ks9Pzh6Yam2SvFqqo
Signed Message: Satoshi Dice Cold Storage signed 2015-04-12

The old addresses are no longer in use.

Site is down again.
We're under DDoS attack, but it seems just blocking a couple of thousands if IPs solved it for now.
It's back again now. The attack intensified earlier today, but is solved for now.
Now an SSL connection error.

The DDoS is still ongoing, but in low volume so the site is fully functional at the time I'm writing this.

Why is there only 2000 BTC in cold storage suddenly from 4500? that's much less trust/confidence in the existence/security of stated funds then before; less then half of the bank to be shown is very little assurance. I just checked the balances on those 2 addressess and they add up to about 4300, so it's there, but on the site it says each has about 1000, leading one to believe a priori that only about 2000BTC are in those 2 cold storage addresses, so I'd fix this and display on the website the 3000 of that first one instead of 1000 if I were you and wanted to attract investors.

I still take issue with the following about lack of 2FA:

speaking of security, why haven't you got an optional 2FA security for users? unless you consider the password the 2nd factor, and the url the 1st? not nearly the same level of security as an OTP accessible from ones smartphone, like google authenticator IE.

please introduce 2FA ASAP, and increase the cold storage (at least 3/4 or so); until then I don't feel safe to put my money on something with so little assurance and security.

I also noticed that some of the numbers on the section "How Investor's Percentages of the Bankroll Are Determined" are wrong.

"The original investor's 15 coins now make up 75% and the new investor's 5 coins make up 25% of the total bankroll. If now another 10 coins are lost by players, the first investor gets 7.5 coins and the second investor gets 22.5 2.5 coins, bringing their investments up to 22.5 and 7.7 7.5 coins"

and one clarification, the stated "house profit" is the investor profit right? the expected 0.95% of wagered BTC; not the total casino profit expected house edge of 1.9% correct?

another thing, on the "Potential Risks for Investors"

in the last part you should also include the risk of the operators of satoshidice playing as  a player but having access to the server seed know in advance what the outcome will be thus can win every bet, thus scamming money from investors. unless you found some solution to this problem of the current implementation of provably fair.

lastly, I still can't access users pages, stats pages, new user, and others; is this still from the ddos?
member
Activity: 70
Merit: 10

What is now the site could've used ..?? Because I played yesterday but the site cannot be used. And after I see on these forums turns stricken DDOS, whether that issue is over done..??
full member
Activity: 129
Merit: 100
Satoshi Dice Support
A few days ago we have changed the main cold storage to:
1DmqFgYfKMT1F8B3tGhVMFf82vdgdSsjNV
Signed Message: Satoshi Dice Cold Storage signed 2015-12-27

And secondary cold storage: 18e5jpfn9zo9GQov1Ks9Pzh6Yam2SvFqqo
Signed Message: Satoshi Dice Cold Storage signed 2015-04-12

The old addresses are no longer in use.

Site is down again.
We're under DDoS attack, but it seems just blocking a couple of thousands if IPs solved it for now.
It's back again now. The attack intensified earlier today, but is solved for now.
Now an SSL connection error.

The DDoS is still ongoing, but in low volume so the site is fully functional at the time I'm writing this.
full member
Activity: 168
Merit: 100
Site is down again.

We're under DDoS attack, but it seems just blocking a couple of thousands if IPs solved it for now.

It's back again now. The attack intensified earlier today, but is solved for now.

I hate how much DDoS-ing has become a thing these days :-/ CloudFlare and other mitigation technologies have rendered them not much than a nuisance.
full member
Activity: 129
Merit: 100
Satoshi Dice Support
Site is down again.

We're under DDoS attack, but it seems just blocking a couple of thousands if IPs solved it for now.

It's back again now. The attack intensified earlier today, but is solved for now.
full member
Activity: 168
Merit: 100
My apologies if it was answered somewhere earlier in this thread, but why isn't this site available in the US? I haven't encountered another btc gambling website (with or without an invest option) where US players were forbidden.

This decision was made on the basis of extensive legal counsel. The best way to limit legal risk for SatoshiDice, and thereby protect its stakeholders, is to block US players.

Note that this decision does not mean that online gambling is illegal in the US, nor does it mean that Bitcoin gaming is illegal. However, the courts have not been clear on the definition of gambling, nor on what would constitute “legitimate gaming,” nor are jurisdictions properly defined, and thus this is a proactive measure to protect those involved in the project.

Further, this decision is not being made because of any citation or notice from any government agency, whatsoever. This is not, in any way, related to the recent Gox/Dwolla court order issue. Again, it is a proactive measure, based on the prudent legal guidance of our trusted lawyers.

We believe this is a wise move for the site to perpetuate in the long term.

Further, to clarify, SatoshiDice is hosted in Switzerland and has never utilized US currency or engaged with the US banking system whatsoever.

Thank you for your timely and comprehensive reply. I'm a little disappointed that I can't contribute and invest in the site's bankroll, but I understand your "playing it safe" approach.
full member
Activity: 129
Merit: 100
Satoshi Dice Support
We're under DDoS attack, but it seems just blocking a couple of thousands if IPs solved it for now.
full member
Activity: 129
Merit: 100
Satoshi Dice Support
Hi I have only just found out about the site and have just read through the thread and am set on the idea of making a small investment and seeing how it goes, and if I am regularly able to withdraw without hassle, then maybe making a larger investment.

Can someone answer one question for me though? If I invest, is there any point in also playing the game? I understand that I would be gambling against myself (or more correctly, gambling against myself+a lot of other people). Would this have the effect of cancelling out my winnings/losings, thus rendering it a waste of time? Or would it effectively hedge my bets, offering me a safer, but lower rate of return?

It would cancel out winnings at the percentage you have of the investment. If you invest 5000 BTC, you'd get roughly 50% of the bankroll. If you then roll and win 100, your investment would go down by 50. If you on the other hand lose 100, your investment would go up 50 and you'd also be charged 25 in commission if divesting and withdrawing.

If you invest 100, you'd only get about 2% of the bankroll, and roll until losing 100, it would give you 2 coins to your investment and charge 1 coin in commission. Winning 100 would make your investment lose 2 coins.
full member
Activity: 129
Merit: 100
Satoshi Dice Support
So ... are people who are investing this generally seeing a return?
I put in a couple of BTC a few days ago and have just been sitting here watching my balance going down, very very slowly.
I guess this means a lot of people are beating the house?
So this kind of feels like it has all the bad bits of gambling (losing money) and none of the actual fun (playing a game), lol.

Interested to hear if anyone can let me know how much they have made/lost over the med or long term, as an investor.

When you zoom out the "Total profit" graph on https://dicesites.com/satoshidice, you can see a clear upward trend. When you zoom in the graph, you will see many short-term ups and downs. I haven't invested in SD but in some other sites, but the nature is pretty much the same.

At the time of writing, there's 1000+ coins in profit for investors. The biggest investor currently has 287.89908571 BTC in profit, so there's definitely money to be made.
full member
Activity: 129
Merit: 100
Satoshi Dice Support
My apologies if it was answered somewhere earlier in this thread, but why isn't this site available in the US? I haven't encountered another btc gambling website (with or without an invest option) where US players were forbidden.

This decision was made on the basis of extensive legal counsel. The best way to limit legal risk for SatoshiDice, and thereby protect its stakeholders, is to block US players.

Note that this decision does not mean that online gambling is illegal in the US, nor does it mean that Bitcoin gaming is illegal. However, the courts have not been clear on the definition of gambling, nor on what would constitute “legitimate gaming,” nor are jurisdictions properly defined, and thus this is a proactive measure to protect those involved in the project.

Further, this decision is not being made because of any citation or notice from any government agency, whatsoever. This is not, in any way, related to the recent Gox/Dwolla court order issue. Again, it is a proactive measure, based on the prudent legal guidance of our trusted lawyers.

We believe this is a wise move for the site to perpetuate in the long term.

Further, to clarify, SatoshiDice is hosted in Switzerland and has never utilized US currency or engaged with the US banking system whatsoever.
full member
Activity: 168
Merit: 100
My apologies if it was answered somewhere earlier in this thread, but why isn't this site available in the US? I haven't encountered another btc gambling website (with or without an invest option) where US players were forbidden.
legendary
Activity: 896
Merit: 1000
So ... are people who are investing this generally seeing a return?
I put in a couple of BTC a few days ago and have just been sitting here watching my balance going down, very very slowly.
I guess this means a lot of people are beating the house?
So this kind of feels like it has all the bad bits of gambling (losing money) and none of the actual fun (playing a game), lol.

Interested to hear if anyone can let me know how much they have made/lost over the med or long term, as an investor.

When you zoom out the "Total profit" graph on https://dicesites.com/satoshidice, you can see a clear upward trend. When you zoom in the graph, you will see many short-term ups and downs. I haven't invested in SD but in some other sites, but the nature is pretty much the same.
member
Activity: 119
Merit: 100
So ... are people who are investing this generally seeing a return?
I put in a couple of BTC a few days ago and have just been sitting here watching my balance going down, very very slowly.
I guess this means a lot of people are beating the house?
So this kind of feels like it has all the bad bits of gambling (losing money) and none of the actual fun (playing a game), lol.

Interested to hear if anyone can let me know how much they have made/lost over the med or long term, as an investor.
newbie
Activity: 58
Merit: 0
problem solved.....Thankyou......great site.....I recomend it is very good Wink

One of the best sites
full member
Activity: 133
Merit: 100
problem solved.....Thankyou......great site.....I recomend it is very good Wink
legendary
Activity: 966
Merit: 1001
how can i find my pasword if i forgot it?Huh my user is bubu...Huh? i want to cash out but the password i enter is the same id used when i loged in??? need help


AFAIK, there is no automatic password recovery. So you have to send them an email at [email protected] and ask for their help.
member
Activity: 119
Merit: 100
Hi I have only just found out about the site and have just read through the thread and am set on the idea of making a small investment and seeing how it goes, and if I am regularly able to withdraw without hassle, then maybe making a larger investment.

Can someone answer one question for me though? If I invest, is there any point in also playing the game? I understand that I would be gambling against myself (or more correctly, gambling against myself+a lot of other people). Would this have the effect of cancelling out my winnings/losings, thus rendering it a waste of time? Or would it effectively hedge my bets, offering me a safer, but lower rate of return?
sr. member
Activity: 413
Merit: 250
satoshidice site can not open last 2 hours, how about you? i already tried 2 different computers.

edit: ok now open. 15:28 GMT Time.
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