Topic: 🌟🎲🌟 MoneyPot.com - page 59. (Read 119056 times)

y u pey 1 not 1 from 1 dey ago. 1 dey i no get coin. i stay up late for monies and get non.

Hello Copypasta.

I'd like to reiterate what was explained to you in the chat and in our ticket system.

Never at any time have we accused you or have claimed that you were cheating.

It is standard practice in this industry to investigate high amounts of bitcoin won from newish accounts.  We need to do due diligence to protect our users who have contributed to the house bankroll.  

Once the investigation is successfully completed, we will happily process your withdrawal.  Just for the record, you have received every requested cashout up to this point of time.

edit;
I would also like to point out that this has happened to you in the past where we explained that we were holding your withdrawal to take some time to investigate. 

We ran analysis and found normal distribution rates and no evidence to support any type of leaked server seeds and upon this processed your withdrawal. 

I don't know why you should believe this to be any different.

how many BTC did you not get? be relaxed MP is not scam they will pay if you did not cheat. (I am not saying you cheated just telling you to relax cause you get your coins)

good luck

sirs mp is scam. I win lots monies mp tell i cheat. I no cheat. 1 dey i win 1 they take. todey i win 1 they give. But no 1 from 1 dey. Why sirs u think i scam. I no scam. Mp = scam. I no cheat. I win lots monies play hi. No like big winers. I luky chiken no tiawan. I no cheat. I open tiket, mail no reply. Y sirs, no cheat?

We have better security features than what the have described. As Ryan stated above, processing withdrawals directly from cold storage is only good if you pay attention to each withdrawal. We currently have a 3 tier wallet system (hot, lukewarm, multi-sig cold), and are working on improving this even further. I do not know of any other gambling site that uses a system like ours. We even publicly post the address of the cold address that stores the majority of customer funds.  I am not meaning to insult you, but when your past several posts are related to talking about how good Bitmex's wallet system is, it appears like a shill.

I believe that our security measures for our hot and cold wallets are a bit different than others and we're going to be improving on them quite heavily over the next little while.

I'm excited to reveal our new method of handling funds when in place soon.

It is easy and cheap (low) to discredit the messenger rather than address the message. I don't shill for anybody, and in fact do not have an active account at the service mentioned. (They discontinued servicing US-based accounts several months ago, so I haven't traded there since.) Anyway, their services are entirely different than your own, so I don't think anyone would consider them a competitor anyways. I was simply highlighting their security measures, which they describe very clearly.

My message reflected a genuine desire to see much better security at my favorite sites. Moneypot has been one of those.

Simply assuring us (me) that your use of hot wallets is limited and thus secure, is really just offering up the same reassurance that every other site, including those that have been hacked, have offered up. Your security measures aren't differentiated in any way, and I'm not the only one that has grown more reluctant to send my chips anywhere that hasn't put customer security first.

I like the tag line, so points for trying.  However, I never really had an opinion of Bitmex but the aggressive shilling you're doing and the raving newsletter you guys sent out in a tirade against bitfinnex has never made me have a more negative opinion against an exchange before.

And for what it's worth, your advice doesn't really apply to a casino. A casino *has* to have effectively a hot wallet, it might not be a bitcoin hot wallet -- but it'll be server seeds. Without having them on a live server, the casino can't operate. And if an intruder gets access to the the system, they merely need to take note of the server seeds and will allow them to be able to appear as a legitimate, lucky player. From a casinos perspective, it is *much* better if someone just directly takes money from the hot wallet, as this is immediately noticeable.



That sounds like *terrible* policy. Users hate waiting for funds, and if you're going to make partners sign hundreds of withdrawals per day, how much scrutiny do you really think they'll give each one? Human nature is going to mean they're blindly going to sign off on each one. Now you still basically have your cold wallet, turned into a hot wallet by human automation.

As an example, see the 1.8M bitpay theft. That was signed off by a human, and that's even a company that processes very few withdrawals by hand.

And in other news, copypasta is still going hard , crazy amount for 18 days
https://www.moneypot.com/users/copypasta

That is a very nice looking name for a domain. Can I ask how much did you pay for the "moneypot.com" website? Im trying to find a good name for a new website and this one was one of the ones I had in mind, but it turns out it actually exist and was sold lol.

Please do not shill other sites in our thread (your last several posts are all related to Bitmex). We don't keep much in our hot wallet. We have previously addressed our wallet system that goes into this in a bit more detail. We have top notch security and our wallets have never been compromised, not many in this industry can say that, that have been around for as long as we have.

We don't keep a large amount of bitcoin in hot wallets.  We actually keep it low and monitor it closely so that we can fill orders and keep a good balance of security and convenience.

I do believe that every company needs a break from time to time. Not everything can and will not go correctly , sometimes there are small problems and at the time of bitfinex and many others getting 'hacked' moneypot has proved that they are doing their work and they do their best about it , so far I never had any issues with it and now they resolved another problem with ease and quickness. Good job guys keep up the good work.

thank you very much for reporting your experience and info. we have an app but I was not sure if expected profit is updated in real time with each bet

AFAIK it updates in real time, i created a moneypot app from untitled dice in the past and in time i make a wager the commission updates instantly

lets give it another try

how often are Expected Profit stats of an app updated? real time or with which delay?

MP - just letting you know that I'm walking away due to security concerns. Bitfinex hack really drove home for me that every hot wallet is vulnerable, and every site swears up and down that they are secure. It is just too hard to believe anymore, and I'm not comfortable holding significant funds on a site like yours, that has plenty of funds in their hot wallet at all times. I'm a gambler for sure, but I never meant to gamble on securty. Bitmex addressed security again in their weekly newsletter - they run the tightest ship I've seen, and I wouldn't have qualms leaving funds on their exchange. The missive is long. Below is just the header, before they plunge into their own security efforts:


Hot Wallet

We don’t have one. We never have since our start in 2014. It is the biggest attack vector for Bitcoin exchanges. Removing this vector greatly reduces the likelihood of losing customer funds.

Hot wallets are convenient but have major pitfalls. Because there is no human intervention involved in the signing of transactions, it is the preferred place by which hackers steal Bitcoin. By the time exchange operators discover a breach in their hot wallet, the Bitcoin is long gone and cannot be recovered.

SatoshiLabs claims that over 1 million Bitcoin have been stolen in hot wallet thefts, the largest being BFX & Mt. Gox. We will not take this risk and users should shun exchanges that hold significant user funds in hot wallets.

Hot wallets can be used smartly, with daily limits & manual refill review. Such rigor is rare but BitMEX plans to implement such a hybrid system by the end of the year. It will not be quickly done - we do not take such a buildout lightly.
 
End To End Multi-Signature Wallets

All BitMEX customer funds are held in multi-signature wallets. We were the first-ever exchange to hold 100% of customer funds in multisig wallets. We do not use or trust any third-party solutions.

At BitMEX, 2 of 3 partners must sign each withdrawal. If that condition isn’t met, then funds cannot be spent. All signing happens on offline machines ...

Thanks for reply, I thought as you.

Regards.

This isn't coming from MP. They have their own database they are logging bets with for this purpose.