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Topic: The story behind my investment on letsdice.com - page 4. (Read 8874 times)

hero member
Activity: 672
Merit: 500
September 07, 2013, 05:06:26 AM
#8
So, is there any proof you actually won this? Also, you haven't found a way to beat the house, As KoS said, you're in gamblers fallacy, quit while you're ahead.
member
Activity: 98
Merit: 10
September 07, 2013, 05:04:00 AM
#7
more reserved. Stocking up popcorn for dramas.

No drama at all. nothing to argue with. Smiley

hero member
Activity: 784
Merit: 1000
Casper - A failed entrepenuer who looks like Zhou
September 07, 2013, 04:22:33 AM
#6
more reserved. Stocking up popcorn for dramas.
member
Activity: 98
Merit: 10
September 07, 2013, 03:55:09 AM
#5
You are angry about what?  Grin
hero member
Activity: 602
Merit: 500
Acc bought - used solely for signature testing
September 07, 2013, 03:26:13 AM
#4
Dooglus knows what happened. You gambled with coins that weren't yours. Your story is a lie and Dooglus knows you lied and clearly has said it in chat before. He did not ban you cause it would look bad for business if anyone was banned plus you could come back as a new account.

Face it, you're a degenerate gambler stuck in a gambler's fallacy world thinking you truly think you have found a sure 100% way of beating the house at "dice".



Let us remember you lost 2000 BTC in less then a minute and got lucky with a long winning streak, I'm almost sure if you hadn't won that streak you would've lost it all being the degen we know you are and one that will NEVER stop gambling. Your fix is too great now.

Also, you act like people care about you and think you're the coolest guy here. They don't. They don't about your investments or this post. You aren't god for winning $500,000. People win/lose that amount daily in Vegas. You're a lucky degenerate who will lose it all eventually.

[Reserved for any other rebutes to the sad claims by Towtoad]
member
Activity: 98
Merit: 10
September 07, 2013, 03:23:22 AM
#3
reserved again.
member
Activity: 98
Merit: 10
September 07, 2013, 03:20:49 AM
#2
reserved
member
Activity: 98
Merit: 10
September 07, 2013, 03:18:55 AM
#1
I’m not a native speaker, so please be patient with my English.

I noticed just-dice.com in the late June this year, and found it innovative compared with satoshidice.com, and was of course entirely not aware of satoshidice.com would buy back all of its shares on the market.

“Wow! It’s cool! I can be the bank (albeit “part of the bank”)!” I thought. And I invested several thousand coins on just-dice.com. The profit came nice… until one day…

I figure out there’s a hole in the game. I told what I thought to the site’s owner, Dooglus. Partly because of my poor English, I wasn’t capable of convincing him. (sorry, I don’t think I should write up what the hole really is here.) I was told that I was in a gambler’s fallacy. And for some days, I thought I was in a gambler’s fallacy too.

Two weeks later, I divested, and tried to prove I was right: what if I could win? I did it. But got addicted. When I was up, like 1000BTC, I thought, wow, now you must believe me! But whether Dooglus believe me or not, I just couldn’t stop, I played, or gambled, and continuously won. I was up like 4400BTC.

(An incident happened, which I have no interest to discuss here. They call me thief here: http://www.coindesk.com/bitcoin-gambler-cheats-satoshidice-competitor-just-dice-out-of-1300-btc/ However, Dooglus knew how that exactly happened. He didn’t disallow my further investment and play.)

Meanwhile, I found “be part of the bank” is not as beautiful as I once thought.
  • My investment had been continually diluted.
  • I couldn’t enjoy shareholder’s benefit as I once invested on satoshidice.com (and in the August, we were told that satoshidice.com wanted to buy back all the shares in the market).
  • In the long-run, people would place smaller and smaller bets. Gone are the days people placed 10k in a single bet. With my investment diluted, profit has to drop.

I sometimes switch from invest and divest. However, I was told I was in a gambler's fallacy again! I do respect Dooglus and his girl friend Deb, but I found I have no way to convince them I was NOT in a gambler's fallacy. At last, I even found it's almost impossible to convince them that I'm not a gambler at all!

I decided to develop my own dice game site, one that supports both on-chain (compatible to SD) and off-chain mode (as fast as JD), and most important of all, the site should go IPO, by which investors could enjoy an appreciation of share price.

I did develop a site, towtoad.com (https://bitcointalksearch.org/topic/towtoadcom-public-alpha-272092), but it turned out the layout was too ugly to stand. I just have no designing talent. When the towtoad.com was in public beta, a guy called Martin (clearly a pseudo name, since his last name is called “Gale”) approached me, and we discussed a lot. I found one of his ideas especially interesting, building a users’ tree, give them incentives to invite other players. “Wow, it’s genius, the site would go popular by itself!” So I decided to give up my own developing (https://bitcointalksearch.org/topic/i-gave-up-developing-a-gambling-site-by-myself-instead-280036), and started working on an IPO plan (https://bitcointalksearch.org/topic/ipo-letsdicecom-ipo-prospectus-288036).

I won more than 4k from just-dice.com, so I’d happy to buy IPO shares with these coins, since the cost of these 4K BTC is zero for me. If I can own a lion’s share of the IPO shares (40% of IPO shares), I think it’s enough for me. I’ve made that money out of nothing.

oh, BTW, I won another 300BTC two days ago from JD, and spread part of them to the investors of letsdice.com. (https://bitcointalksearch.org/topic/m.3089090)

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