What happened to SatoshiDice - page 2.

janggernaut

legendary

Activity: 2366

Merit: 1130

Quote from: Haunebu on September 01, 2019, 05:56:40 AM

Honestly, this is the first time I am hearing about this website and never knew that it was one of the popular ones before, but I don't see the big deal since there are plenty of legitimate dice sites these days.

Based on my research, the site looks pretty dull and forcing gamblers to gamble with BCH is a surefire way to repel visitors. No wonder very few bets are being wagered.

Fyi satoshidice is the oldest bitcoin dice game (it was launched on 2012, 1 year before primedice introduced) and on that time, there were lot of people bet huge amount on satoshidice.

Seems this is another safedice case, which the admin went offline and the site looks dead.

veleten

legendary

Activity: 2016

Merit: 1106

Bitcoin cash happened to SatoshiDice
this and bad management , apparently - the site cannot compete with the mastodons like Bitsler , Stake and so on
banning the US customers didn't help either
they had their good times , but now it is all over for them , they lost the clientele , lost btc supporters and are happy if some random bitcoin cash believer rolls there a few times an hour
and life goes on , what seemed to be unique and cool in 2012 is not anymore , onchain games are never going to be as popular as the standalone casinos

Kakmakr

legendary

Activity: 3472

Merit: 1963

Leading Crypto Sports Betting & Casino Platform

It just shows you that by just buying a successful business from a good businessman like Erik Voorhees, it does not guarantee that you would make the same profit from that business. Yes, a lot has changed and the majority of it's original gamblers from the US was blocked, but the decision to go with Bitcoin Cash might have been the last nail in it's coffin.

Ignoring the real Bitcoin will turn out to be a huge mistake for many of these people, who might think that it would be easy going to just rely on the reputation of successful businesses to profit. Cheesy

Haunebu

hero member

Activity: 3108

Merit: 972

www.Crypto.Games: Multiple coins, multiple games

Honestly, this is the first time I am hearing about this website and never knew that it was one of the popular ones before, but I don't see the big deal since there are plenty of legitimate dice sites these days.

Based on my research, the site looks pretty dull and forcing gamblers to gamble with BCH is a surefire way to repel visitors. No wonder very few bets are being wagered.

mindrust

legendary

Activity: 3276

Merit: 2442

That website is infected with Vermin. Vermin's other name is Roger.

He probably bought the website from its original owner since its one of the first Bitcoin online casinos ever created. (not sure about that is it possible that it is the first one?) Vermin is trying to rewrite the history of bitcoin. This website is part of his scam right now.

Stay away.

Ucy

sr. member

Activity: 2576

Merit: 401

Found this on Wikipedia

Quote

On 18 July 2013, Erik Voorhees announced that SatoshiDice had been sold for 126,315
BTC , or US$11.5 million at the time of the announcement. [2]
Background
SatoshiDice launched in April 2012. As of January 2013, it had taken in approximately $15 million in bets. During 2012, SatoshiDice reported profits of over $500,000 in US dollars. However, in May 2013, SatoshiDice moved to block all US-based IP addresses, citing potential legal issues.
https://en.m.wikipedia.org/wiki/SatoshiDice

Guess the IP blocking and legal issues were the cause of the low patronage. Plus the new owners probably failed to improve the website or promote it especially on this forum.

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: Initscri on September 01, 2019, 02:00:46 AM

I remember back in 2013/2014 the site had huge popularity (including being sold for a large sum) , and may have been one of the top dice sites. Bets would be flowing in a mile a minute. I just went on the site now and in the last 4 hours, maybe 4 bets have been made in total.

Their copyright hasn't even been updated since 2018.

Did something happen, or did the site just generally lose popularity?

I'm honestly just curious if someone/anyone knows something I don't.

Their official thread is actually still here:
https://bitcointalk.org/index.php?topic=77870.5480

Basically when it got sold a few years back the support was slow and people started to complain on the thread. Then I think it might of gotten sold again or at least the domain name. Since the domain name still has lots of value.

Right now when you go to the site, it seems they only accept onchain bets which are not even with Bitcoin but with Bitcoin Cash. So that is probably the reason why there are very little bets taking place.

In my opinion they should re-add the options to place bets with BTC and make it offchain as before. Since due to the transaction fees, people will move elsewhere.

Initscri

hero member

Activity: 1540

Merit: 759

I remember back in 2013/2014 the site had huge popularity (including being sold for a large sum) , and may have been one of the top dice sites. Bets would be flowing in a mile a minute. I just went on the site now and in the last 4 hours, maybe 4 bets have been made in total.

Their copyright hasn't even been updated since 2018.

Did something happen, or did the site just generally lose popularity?

I'm honestly just curious if someone/anyone knows something I don't.

Topic: What happened to SatoshiDice - page 2. (Read 427 times)