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Topic: MegaDice.com - 0.9% edge Dice, 26 High End Slots, Bet on the House - page 23. (Read 32970 times)

member
Activity: 143
Merit: 10
Bitcoin Dice - Megadice.com
Thank you for clarify with "All Time Profit"


Curiously, the losses are all very small and profits are huge, but statistically the losses could be also huge and profits small within a short period!

Indeed. Among 30 biggest backers, almost all have been in long enough to make a profit.
How long is been in long enough?

If the backer invested an amount and never changed it, it would normally be since the last all time high profit seen on https://www.megadice.com/stats/#Game-Daily-Total-Profit

But a backer's share also depends on other backers' bets, so there is no way to tell an exact date.

hero member
Activity: 1344
Merit: 507
Quote
If the ownership did change, how was the player account details transferred?
Control of the game servers were moved to MegaDice
This is a blatant lie! Rakki N.V. was operator of satoshidice.com and had control of the game servers and Rakki N.V. is as well the operator of megadice.com and still has control of the same game servers.


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How was the invested funds managed? Why were they not made known to players and investors?
An email was sent to all players and bankroll backers notifying them all satoshidice accounts were moving to megadice.com
Absolute nonsense!

If MegaDice is a separate entity (as you claim), there is a new contract relationship! You would need to ask all players and bankroll backers if they agree to move their balance to the new entity MegaDice. As MegaDice is a new contract partner, all players and bankroll backers would also need to agree to your terms and conditions!  

Only if MegaDice and SatoshiDice is the same entity, if the contract relationship did not change, then notifying would have been sufficient.
member
Activity: 143
Merit: 10
Bitcoin Dice - Megadice.com
Cant register a new account? Both login and join now button redirects me to login option and no ways to register a new account? Is it a problem with my browser only or all people get the same issuse with me? I'm using chrome on my android phone.

same issue here im just trying to register but always redirect in   login option and i guest will fix soon  im using browser and many ads here .

We have made now so that when clicking the LOG IN button, it will only show login fields, and when the JOIN NOW button is clicked it will only show the register new account fields.
legendary
Activity: 1834
Merit: 1008
I can’t believe these are going on with satoshidice brand.

Considering how this was Vorhees’s baby and brought in so much Money and even correlated with blockchain.info in the website.

Considering it was sold for a huge amount and the the new owners was alright at the beginning (however I was only interested like in the first couple of days). It is such a shame these are going on with such a great quality brand once upon a time.

It has been stated before that they are not selling it. They only change their domain and most of its bankroll and everything is seems to be exactly the same as satoshidice. And until today we never know about their motives why they need to rebranding, although they have good traffic before
sr. member
Activity: 854
Merit: 250
Cant register a new account? Both login and join now button redirects me to login option and no ways to register a new account? Is it a problem with my browser only or all people get the same issuse with me? I'm using chrome on my android phone.

same issue here im just trying to register but always redirect in   login option and i guest will fix soon  im using browser and many ads here .
hero member
Activity: 1344
Merit: 507
Thank you for clarify with "All Time Profit"


Curiously, the losses are all very small and profits are huge, but statistically the losses could be also huge and profits small within a short period!

Indeed. Among 30 biggest backers, almost all have been in long enough to make a profit.
How long is been in long enough?
member
Activity: 143
Merit: 10
Bitcoin Dice - Megadice.com
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
This is satoshidice.com rebranded?

Satoshidice.com is now forwarded to bitcoinvideocasino.com/dice. Am I missing something?

As of now, satoshidice.com (domain) has nothing to do with megadice.

We don't know if Megadice is Satoshidice rebranded or Satoshdice game software sold.

Note that Megadice uses the same Satoshidice cold storage.
hero member
Activity: 1344
Merit: 507
legendary
Activity: 1662
Merit: 1050
This is satoshidice.com rebranded?

Satoshidice.com is now forwarded to bitcoinvideocasino.com/dice. Am I missing something?
legendary
Activity: 3808
Merit: 1723
I can’t believe these are going on with satoshidice brand.

Considering how this was Vorhees’s baby and brought in so much Money and even correlated with blockchain.info in the website.

Considering it was sold for a huge amount and the the new owners was alright at the beginning (however I was only interested like in the first couple of days). It is such a shame these are going on with such a great quality brand once upon a time.

Honestly my guess is that the owner that bought Satoshidice is some early early bitcoin adopter who probably owns like 100,000 BTC and he bought it purely for fun. Had no incentive to build it up to compete with sites like PrimeDice and just let it go downhill.

Now sold the domain for fractions of what he paid for.
legendary
Activity: 1386
Merit: 1058
I can’t believe these are going on with satoshidice brand.

Considering how this was Vorhees’s baby and brought in so much Money and even correlated with blockchain.info in the website.

Considering it was sold for a huge amount and the the new owners was alright at the beginning (however I was only interested like in the first couple of days). It is such a shame these are going on with such a great quality brand once upon a time.
hero member
Activity: 1344
Merit: 507
I am pretty sure the domain is more valuable in itself since the site. So whatever site Satoshidice.com is forwarded to will automatically get free traffic since its well known since 2012 or so.

It was even featured in a few Bitcoin documentaries because it was known as being the largest Bitcoin site to ever go on sale.
Of course was the domain the more valuable part! For what would they have paid $12 million if the domain was leased?

But unfortunately, the domain was the more valuable part, as it is in free fall recently!

Alexa Global Rank: 436,716 - 121,621 = 40% down within 3 months!







legendary
Activity: 3808
Merit: 1723
I am pretty sure the domain is more valuable in itself since the site. So whatever site Satoshidice.com is forwarded to will automatically get free traffic since its well known since 2012 or so.

It was even featured in a few Bitcoin documentaries because it was known as being the largest Bitcoin site to ever go on sale.
hero member
Activity: 1344
Merit: 507
I really have no idea what you are talking about. Cheesy
You are not able to understand that the operator of a gambling website has to pay out the winnings and refill the hot wallet?

No wait, the domain owner has to process the Bitcoins, not the operator, according to your brain wash theory! Cheesy


Implies the person who had control of private key of the Satoshidice cold storage is part of Megadice (or the team is stupid)
What is MegaDice?


Implies there was some change in ownership of the game software.
Who is the owner of the game software?


Implies someone else owns satoshidice.com at the moment
Who owns satoshidice.com at the moment?


But how did you establish the ownership did not change Huh
How did you establish that the ownership changed?


I mean satoshidice.com not SatoshiDice.
O.k., how much is the value of the according to you very valuable satoshidice.com domain?


There is no reason why they should not use the same entities company or hire the same staff.
You want to brain wash that different entities use the same company and stuff?

Based on what is it a different entity then?

In online gaming, everything is focused on the operator, the license, managing director, etc. Same operator = same entity, simple!
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
Is it possible that Rakki N.V. never owned satoshidice.com domain in the first place? The domain leased out to Rakki N.V. who hosted the game with Satoshidice brand. Later the owner of the domain gets a better deal from bitcoinvideocasino, and Rakki N.V. moves out to a new domain with Megadice brand?

This is the best theory so far. It explains that there was no need to move the cold storage too.

A different but possible theory:

Derik owns the satoshdice.com domain and the Satoshidice game through Rakki N.V. and also controls the cold storage.
Derik needs $$$.
Derik sells the domain to bitcoinvideocasino which plans to gradually rebrand itself to use satoshidice.com
Derik sells part of his stake in Rakki N.V. to Merick (who wants to turn Satoshidice to a competitive casino with 0.9% dice and many slot games) while retaining the cold storage keys.
Derik and Merick launches Megadice.
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
Domain leasing is possible.
Source : https://www.godaddy.com/community/Managing-Domains/Is-Domain-Name-Leasing-possible/td-p/6854



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Did the ownership change?
Yes. SatoshiDice.com owner had other plans for the domain.

Implies someone else owns satoshidice.com at the moment.


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Do the Megadice team and the old Satoshidice team have people in common?
Yes. The megadice team have hired some members as well as additional personel to improve player experience and support

Implies some Megadice staff were Satoshidice staff. That is expected.


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What is your relations with Bitcoinvideocasino?
No relation. MegaDice has no connection with Bitcoinvideocasino

Implies someone else owns satoshidice.com at the moment.


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Who owns Satoshi Circle?
This is for the owner of Satoshi Circle to declare. However, we can say MegaDice are not involved in Satoshi Circle.

Implies someone else owns Satoshi Circle at the moment.


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Why are you using the old cold wallet address if you are the 'new' owners? (or did you have their private keys all along? )
Cold storage and accounts were moved and are now exclusively managed by MegaDice. The old cold storage is used because we want to demonstrate that the accounts and cold storage remain uncompromised.

Implies the person who had control of private key of the Satoshidice cold storage is part of Megadice (or the team is stupid)



Quote
Hey adaseb! MegaDice is a separate entity to SatoshiDice.

Implies there was some change in ownership of the game software.
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
Contrary to what you may think, Satoshidice is a very valuable brand.
This is certainly not because they 'want to get rid of SatoshiDice'.
How much is the value of the brand SatoshiDice? The most valuable part of a website only operation is the traffic to the domain and not the brand itself.

Why want Rakki N.V. no longer use the "very valuable brand" SatoshiDice and instead decided to put a lot of money and time in to introduce the brand MegaDice?

Are you able to understand that the brand SatoshiDice is gone? Only the domain satoshidice.com is left which redirect to bitcoinvideocasino.

By Satoshidice brand I mean the connected satoshidice.com domain privilege. Sorry for the confusion there.

Rakki N.V. no longer uses the "very valuable brand" because Rakki N.V. no longer owns the satoshidice.com domain because "The owners of SatoshiDice.com had other plans for SatoshiDice.com".



Until we get some input, we can take Megadice, satoshidice.com and bitcoinvideocasino to be different entities.
SatoshDice and MegaDice has the same operator and is therefore the same entity!

I mean satoshidice.com not SatoshiDice.



The ownership of Rakki N.V. did not change!

Source?
Curacao Chamber.

http://www.curacao-chamber.cw/services/registry/search-company

But how did you establish the ownership did not change Huh




Is it possible that Rakki N.V. never owned satoshidice.com domain in the first place? The domain leased out to Rakki N.V. who hosted the game with Satoshidice brand. Later the owner of the domain gets a better deal from bitcoinvideocasino, and Rakki N.V. moves out to a new domain with Megadice brand?
No, most part of the $12 million SatoshiDice purchase was paid for the traffic to the domain satoshidice.com. Therefore, we can exclude that the domain was leased.

If the brand SatoshiDice would be the valuable part, then bitcoinvideocasino would have changed its name to SatoshiDice instead of forwarding the traffic from the domain satoshidice.com to bitcoinvideocasino.

That makes absolutely no sense lol!



Is it possible that Rakki N.V. never owned satoshidice.com domain in the first place? The domain leased out to Rakki N.V. who hosted the game with Satoshidice brand. Later the owner of the domain gets a better deal from bitcoinvideocasino, and Rakki N.V. moves out to a new domain with Megadice brand?

This is the best theory so far. It explains that there was no need to move the cold storage too.
This theory is absolute nonsense, because the operator of the website need to have access to the cold storage to pay larger wins and not the domain holder who lease it to the operator. Hence, an absolute brain wash theory! Roll Eyes

I really have no idea what you are talking about. Cheesy
hero member
Activity: 1344
Merit: 507
Is it possible that Rakki N.V. never owned satoshidice.com domain in the first place? The domain leased out to Rakki N.V. who hosted the game with Satoshidice brand. Later the owner of the domain gets a better deal from bitcoinvideocasino, and Rakki N.V. moves out to a new domain with Megadice brand?

This is the best theory so far. It explains that there was no need to move the cold storage too.
This theory is absolute nonsense, because the operator of the website need to have access to the cold storage to pay larger wins and not the domain holder who lease it to the operator. Hence, an absolute brain wash theory! Roll Eyes

The theory was that the domain was never owned by the current smooth operators. Are you saying that the cold storage was handled by whoever had/has the satoshidice domain? Proof?
Yes, the owner and operator of the satoshidice.com domain must have handled the cold storage, because the operator has to pay possible huge winnings from the cold storage, because the operator has to refill the hot wallet from the cold storage, if required!

- If A) is owner of the satoshidice.com domain and leases it to the operator B), for what did operator B) pay $12 million?

- If operator B) leased the satoshidice.com domain, why would they invest time and money to make a foreign satoshidice.com domain more valuable?

- O.k., in the case of SatoshiDice, the operator destroyed the value of the domain. Why would the owner of satoshidice.com lease his very valuable domain to a foreign operator who then destroy the value of his domain?

Despite of all the above mentioned points, it does not make any sense that an online gambling operation lease a domain from a third party. The operator of a website would either buy the domain or pay for the redirected traffic to his own domain.
legendary
Activity: 3808
Merit: 1723
Looking at
18e5jpfn9zo9GQov1Ks9Pzh6Yam2SvFqqo

It doesn't look like this is a multi-sig type of address. So it only has 1 private key and since it was used in the past by Satoshidice (old owners) and now its being used by Megadice (new owners) can't the old owner simply withdraw the BTC at any time of his choosing?

Why not just move everything to a new wallet?
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