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Topic: 🌟🎲🌟 MoneyPot.com - page 24. (Read 119079 times)

legendary
Activity: 2198
Merit: 1014
Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm
November 09, 2016, 06:48:38 PM
Sorry, a little confused, where is the guaranteed investment option?  Or is that still in the works?

I'd be interested to hear about this too. Where did you hear about it?

I'm not sure there is any such thing as a guaranteed investment, but am willing to learn more.

You can read discussion regarding this on 12th page of this thread https://bitcointalk.org/index.php?topic=1366689.220.
They did not gave up this idea yet.
legendary
Activity: 2940
Merit: 1333
November 09, 2016, 06:32:29 PM
Sorry, a little confused, where is the guaranteed investment option?  Or is that still in the works?

I'd be interested to hear about this too. Where did you hear about it?

I'm not sure there is any such thing as a guaranteed investment, but am willing to learn more.
legendary
Activity: 1330
Merit: 1000
October 27, 2016, 06:57:38 AM
Seems someone won like 54 btc... maybe would be better to lower a bit more ? (;

The big winner this morning was Molloype who took a commanding lead in the BetterBets wagering contest.  He did about 900 btc volume and won about 54 btc off of auto-betting bets like this (https://www.moneypot.com/bets/584353927) [50% at .927249 btc].
member
Activity: 84
Merit: 10
November 08, 2016, 03:00:25 AM
Hey Moeypot I lost 2fa for ericwrestle25 and Dr_G_McFuzzNutz is there anyway to recover those accounts and/or get any balance transferred to my new account? (2fa was only linked with money pot on mc fuzz and on ericwrestle25 it was linked with mp and localbitcoins)

Sending you a pm.

pm sent back Smiley hope it has enuff info

TY Moneypot i have successfully logged into both accounts!
legendary
Activity: 1036
Merit: 1000
November 07, 2016, 10:40:59 PM
Regarding the owners playing, you are correct, we could potentially use an unknown account to play (just as you could on Just-dice).  Like yourself, we tried to keep things open with our betting but did not go to the lengths that you did to ensure that it was completely fair.
Do u mean U guys were actually playing on MoneyPot games, but common investors were not aware of that?

3 People have access to the server seed.  Our developer is one of them.  He also holds equity in the site and is on the team.  He is not just a stranger.  
Does it mean any one of these 3 people do not have access to server seed?

Moneypot.com/users/dogedigital
Moneypot.com/users/ranlo
Moneypot.com/users/crazycraig

I am the only one without server access (which I requested to not have access). Server management isn't my strongpoint so there is no benefit in me having access to it. And it has never been a secret that owners of MP have wagered on site.

Can i get free altcoin here if i register ?  Huh

What do you mean by this?


Sorry, a little confused, where is the guaranteed investment option?  Or is that still in the works?
Probably still in the works. It might be related to the RBIES deal they are offering - they are making a floor price of 1k satoshis for RBIES, and you can stake them for 5% interest/year.

Could be something completely different but that was what came to mind when I thought about it.

Having almost a year's worth of profit wiped out in two weeks probably also has them thinking again...

We are still working out kinks of this, last few weeks definitely have not been kind to us though

moneypot slack channel please

Please PM, little confused by this (are you trying to join general channel or app owner one?)
full member
Activity: 210
Merit: 100
I ❤ www.LuckyB.it!
November 07, 2016, 09:23:40 PM
moneypot slack channel please
member
Activity: 84
Merit: 10
November 07, 2016, 08:51:34 PM
Hey Moeypot I lost 2fa for ericwrestle25 and Dr_G_McFuzzNutz is there anyway to recover those accounts and/or get any balance transferred to my new account? (2fa was only linked with money pot on mc fuzz and on ericwrestle25 it was linked with mp and localbitcoins)

Sending you a pm.

pm sent back Smiley hope it has enuff info
member
Activity: 84
Merit: 10
November 07, 2016, 06:40:51 PM
Hey Moeypot I lost 2fa for ericwrestle25 and Dr_G_McFuzzNutz is there anyway to recover those accounts and/or get any balance transferred to my new account? (2fa was only linked with money pot on mc fuzz and on ericwrestle25 it was linked with mp and localbitcoins)
legendary
Activity: 2018
Merit: 1108
November 06, 2016, 03:17:00 AM
Can i get free altcoin here if i register ?  Huh

There's a faucet on most of moneypot apps but there's no free altcoins to be given away. However there's a bunch of altcoin faucets around the web too if you google a bit...
legendary
Activity: 1330
Merit: 1000
October 26, 2016, 09:36:26 AM
20 BTC Max win in a single bet cap will go live today.



I understand why you are doing this. When a MoneyPot app charges a high house edge, you can get very large winnings. E.g.:
bankroll = 900 BTC
house edge = 10%
Max profit = 900 x 0.1 = 90 BTC
A very lucky somebody could decimate the bankroll, which isn't good for investors.

But I want to plead for a max cap if the bankroll is small, but a variable one if it gets bigger. E.g.:
small bankroll
500 BTC
house edge = 11%
Max profit = 20BTC => max cap
large bankroll
6000 BTC
house edge = 11%
Max profit = 6000 x 0.01 = 60BTC
In this case it is cap'ed on 20BTC for small bankrolls, but if it get's higher, no matter how high the house edge is, it will be 1% of the bankroll. It allows for higher max profits, when MoneyPot becomes more popular for investors.

I agree with your points.

 The 20btc cap is a temporary one in that we are willing to adjust when it makes sense to do so and has favourable conditions to change.

 I think a much larger bankroll would warrant that, but for the time being the 20 btc cap will be in place.
newbie
Activity: 56
Merit: 0
November 06, 2016, 12:16:48 AM
Can i get free altcoin here if i register ?  Huh
full member
Activity: 140
Merit: 100
November 05, 2016, 11:14:04 PM
Sorry, a little confused, where is the guaranteed investment option?  Or is that still in the works?
Probably still in the works. It might be related to the RBIES deal they are offering - they are making a floor price of 1k satoshis for RBIES, and you can stake them for 5% interest/year.

Could be something completely different but that was what came to mind when I thought about it.

Having almost a year's worth of profit wiped out in two weeks probably also has them thinking again...
legendary
Activity: 2772
Merit: 3284
November 05, 2016, 10:22:04 PM
Sorry, a little confused, where is the guaranteed investment option?  Or is that still in the works?
Probably still in the works. It might be related to the RBIES deal they are offering - they are making a floor price of 1k satoshis for RBIES, and you can stake them for 5% interest/year.

Could be something completely different but that was what came to mind when I thought about it.
legendary
Activity: 1736
Merit: 1029
November 05, 2016, 08:42:53 PM
Sorry, a little confused, where is the guaranteed investment option?  Or is that still in the works?
full member
Activity: 211
Merit: 125
busting the bastards
November 04, 2016, 05:21:41 PM
Regarding the owners playing, you are correct, we could potentially use an unknown account to play (just as you could on Just-dice).  Like yourself, we tried to keep things open with our betting but did not go to the lengths that you did to ensure that it was completely fair.
Do u mean U guys were actually playing on MoneyPot games, but common investors were not aware of that?

3 People have access to the server seed.  Our developer is one of them.  He also holds equity in the site and is on the team.  He is not just a stranger.  
Does it mean any one of these 3 people do not have access to server seed?

Moneypot.com/users/dogedigital
Moneypot.com/users/ranlo
Moneypot.com/users/crazycraig
legendary
Activity: 1330
Merit: 1000
October 26, 2016, 07:24:47 AM
20 BTC Max win in a single bet cap will go live today.

legendary
Activity: 2940
Merit: 1333
November 04, 2016, 04:39:48 PM
The short version of it is that we are conducting as many tests as possible trying to see what we can come up with.  Sometimes we are over complicating things as we are trying to cover every angle.

How many people have access to the server seeds?

That's where I would start my investigation if I were you. Anyone with access to the server seeds has effectively direct access to your whole bankroll, even if it is stored in offline wallets. That's a lot of money that you are trusting them with, especially when they can steal it without it being possible for you to detect the theft.

edit; Just to direct some answers more towards Dooglus,

I'm sure being an owner, that when you have a big player that continually wins, it can do some good damage to your thinking.  Are they just really really lucky?  Is something else involved?

For sure. Whenever anyone wins a lot there's always a part of me wondering whether they are cheating somehow. I don't like how it feels to be suspicious of people like that, but I think it wouldn't be good to blindly trust everyone either.

if tardy comes back and looses 75+ coins he proved himself as a legit gambler imo

if tardy comes back and wagers low amounts imo it smells not good

if tardy will not come again imo it stinks

I don't think that's true. If he's honest and lucky then any of those outcomes are likely to happen. And if he's cheating then they are also likely. If all he needs to do to convince you that he's not cheating is to take a 75 BTC loss, then why wouldn't he? He can always win it back again if he knows how to cheat. Look at HufflePuff on Prime Dice. He didn't just win repeatedly; he went to great lengths to go on big winning and losing streaks to make it look like he was just lucky. He would win a load then lose most of it back over and over.

The team wagering on the site is something that can be somewhat controlled.  If one person did it (abused their access to the servers), it would be easily recognizable by the other members and they would be forced to forfeit investment and shares in the company.  

How would you recognize it? I don't see any way you could distinguish between one of your partners using his server access to cheat on a separate account and a lucky player winning legitimately.

For reference:

Moneypot.com/users/dogedigital
Moneypot.com/users/ranlo
Moneypot.com/users/crazycraig

We are all down.

If any of you were cheating using the server seeds you surely wouldn't do it on your own account would you?

I actually remember once on JD dooglus gambling, but (my memory might be wrong on this) to reassure investors he told everyone exactly how he's going to gamble (a bet low, martingale sequence until he got to X or busted Y?) and got users to call out the digits in chat he would use as his client seed. (or something like that). It's not the most robust way to do it, but I don't recall anyone had any issues with it.

You have a pretty good memory. I think I bet 'hi' not 'low', but you have everything else spot on.

The server seed is pseudo randomly generated between 2^32 and is stored / accessed as a hash via the api and db.

I think you're missing his question. He is asking *how* the seed is generated, not what the range is or how it is stored or accessed. How do you ensure that it is securely random and not predictable? Do you use a cryptographically secure RNG? If so you shouldn't be afraid to tell us which one. If not, why not?

There have been sites scammed by their devs before, and it wasnt made public because the owners was too ashamed of trusting some dev they dont even know.

Sites shouldn't give server access to their developers. Does MP? It seems kind of dangerous to trust a stranger with a million dollars of other people's money.

It is my goal for MP to do good. If it were to, I would make more in the long run than a few bitcoins here and there.

To be fair we're not talking about "a few bitcoins here and there". Wasn't the bankroll in the region of 1000 BTC? How long would it take you to earn that much at the rate MP are paying you?
newbie
Activity: 1
Merit: 0
November 04, 2016, 04:38:54 PM
Nice to see you are not learning resistant.

Aren't you a particularly smug asshole?
legendary
Activity: 3500
Merit: 1354
November 04, 2016, 02:14:36 PM
Hey guys lets talk about somethink different for the moment.

The yolo dice App promote a promotion on there chat.
https://www.moneypot.com/apps/689-yolo

http://imgur.com/a/AmXGa

They dont have a own thread here so i come to the MP thread and ask.

I only want to be sure admins pay me the price if i get the 100btc wagerd at there app.

I have sent a message to one of the owners and mods to try and confirm.

If an app does not deliver on its advertised promotions, it will lead to de-activation and banishment from the site.


How about this app https://www.moneypot.com/apps/1461-roll-dice
This app advertised a promotion but they did not pay the winners, link to the promo thread : https://bitcointalk.org/index.php?topic=1607702.20 but the app is still active even though no one is playing on this app anymore (last bet was 2 months ago). Would you ban or de-activate or remove this app from MP?
hero member
Activity: 812
Merit: 1000
November 04, 2016, 04:57:03 AM
Hey guys lets talk about somethink different for the moment.

The yolo dice App promote a promotion on there chat.
https://www.moneypot.com/apps/689-yolo

http://imgur.com/a/AmXGa

They dont have a own thread here so i come to the MP thread and ask.

I only want to be sure admins pay me the price if i get the 100btc wagerd at there app.

you can't be sure you will get your prize if you wagered 100btc on their app, the owner can claim the APP commission in real time while you are wagering so even the MP team would like to help you it will be hard since the owner can easily WD every app commision he can get before you reach 100btc wager

maybe try to request the admin to put the prize money in escrow so you can be sure about it
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