Topic: Why rollin.io closed their service ? (Read 1238 times)
Many gambling sites close their service all of the sudden after gaining good reputation and a top position in the rating. Most of the sites on closing used to state that they are into other development projects. If I'm not wrong, these site owners might think it a sin after years of successful running. Because, no site has given a clear information about the reason for closure starting from directbet.
this was my favorite site back then!
They have already stated these reasons for selling their platform https://bitcointalksearch.org/topic/m.21156790
So the main reason for complete closure is that they couldn't find any buyer for their casino
But they haven't scammed anyone while they were in business...
Quote
Our reasons to sell:
We want to give our full dedication (e.g. time & money) to other projects than rollin.io;
Due to the other projects we have, we cannot afford to risk our current bankroll with high rollers;
We want to give our full dedication (e.g. time & money) to other projects than rollin.io;
Due to the other projects we have, we cannot afford to risk our current bankroll with high rollers;
So the main reason for complete closure is that they couldn't find any buyer for their casino
But they haven't scammed anyone while they were in business...
I do not know why but it seems that big site closing has always the same reason, 'need to focus on other projects'. And I do not really believe that, this is really profitable and why they suddenly close it? It must have some hidden reason on their closing
no hidden reason,just financial reasons,usually
sometimes they do have not enough time to focus on the site,maybe they run a mega successful site we don't know they own
so it only makes sense to make sure it recieves all the attention needed and the barely profitable site that takes up resources is sold or closed
which has happened with rollin.io
there is so much competition nowadays at the dice sites and casinos market,it is stacked so I'm not surprised at all-survival of the fittest
How can you know about their personal reason, if you said that their financial problem, then they do not suppose to keep on giving some giveaway or any event there. And btw I saw they always have whales there to play, and always wagered huge amount of bitcoin. So this has nothing to do with their site?
I am still waiting for some official statement from Rollin, it is good to know what happened here (hacker attack) but some clarification would be great.
Do people lose their deposits as a result of this attack? Will the site be ever back fully operational? Will it be sold, rebranded etc.?
Is the backdoor identified and fixed/patched? Should I be worried that my data - password/email has been compromised?
Do people lose their deposits as a result of this attack? Will the site be ever back fully operational? Will it be sold, rebranded etc.?
Is the backdoor identified and fixed/patched? Should I be worried that my data - password/email has been compromised?
Nope.
You should see few post above you to understand that they have already released an official statement regarding the sale.
Even mod Loyce on Rollin quoted the reason.
_______________________________________________________________________________ ________________
I'm sure that Rollin.io will be back with a new owner (If not today, then soon). I don't think that this dice site with a pretty interface will just be left hanging or be deleted forever.
IMO, it still have a potential to gain more players if they'll focus more on marketing and advertising BUT, seriously it will be too hard considering competitors like pd already released a new site that offers more games.
don't think they will be back any time soon
not the same name and same site anyways,there were attempts to sell the site
but the price was too high,also it is usually much better to code and develop the site from scratch (for a buyer/owner with serious intentions)
and I think Loycev was right,there were dozens of accounts who would just sit there and faucet farm and they,Rollin, could not sustain it anymore
the numbers on the faucet went down and down,but it didn't help
I am still waiting for some official statement from Rollin, it is good to know what happened here (hacker attack) but some clarification would be great.
Do people lose their deposits as a result of this attack? Will the site be ever back fully operational? Will it be sold, rebranded etc.?
Is the backdoor identified and fixed/patched? Should I be worried that my data - password/email has been compromised?
Do people lose their deposits as a result of this attack? Will the site be ever back fully operational? Will it be sold, rebranded etc.?
Is the backdoor identified and fixed/patched? Should I be worried that my data - password/email has been compromised?
Nope.
You should see few post above you to understand that they have already released an official statement regarding the sale.
Even mod Loyce on Rollin quoted the reason.
_______________________________________________________________________________ ________________
I'm sure that Rollin.io will be back with a new owner (If not today, then soon). I don't think that this dice site with a pretty interface will just be left hanging or be deleted forever.
IMO, it still have a potential to gain more players if they'll focus more on marketing and advertising BUT, seriously it will be too hard considering competitors like pd already released a new site that offers more games.
I'm pretty sure they were making a nice income of 100,000$ / month. if not more.
why they close ?
As we know they only have one game that is dice game, maybe they intend to open a new casino that has more game options or they are closed because they are getting enough profit and also they are afraid the dice game will can't compete with other games. did you lose fund or something? just wait the official statement from Rollin. why they close ?
I am still waiting for some official statement from Rollin, it is good to know what happened here (hacker attack) but some clarification would be great.
Do people lose their deposits as a result of this attack? Will the site be ever back fully operational? Will it be sold, rebranded etc.?
Is the backdoor identified and fixed/patched? Should I be worried that my data - password/email has been compromised?
Do people lose their deposits as a result of this attack? Will the site be ever back fully operational? Will it be sold, rebranded etc.?
Is the backdoor identified and fixed/patched? Should I be worried that my data - password/email has been compromised?
I think he compared it to the Alexa rankings which can provide a general estimate how many unique visitors the site can get.
However when it comes to gambling it doesn't mean anything.
300k per month means 10k per day or 400 per hour. There's no way Rollin had anything close to 7 unique visitors per minute. Or maybe they somehow managed to count faucet farmers who use many unique IP-addresses in the industrial scale farming they did. However when it comes to gambling it doesn't mean anything.
rollin.io had 300,000 visitors per month
I see this number popping up several times after you mentioned it. Where did you get this number from?I think he compared it to the Alexa rankings which can provide a general estimate how many unique visitors the site can get.
However when it comes to gambling it doesn't mean anything.
For example, the sites with a faucet generally have huge amounts of visitors but their profitability is probably less due to the faucet abuse.
rollin.io had 300,000 visitors per month
I see this number popping up several times after you mentioned it. Where did you get this number from?I'm pretty sure they were making a nice income of 100,000$ / month. if not more.
why they close ?
why they close ?
They ain't making that kind of money. Be realistic about it, not all 300,000 visitors would be losing all of their money. They are closing for a reason that no one wants to buy their casino. Maybe because they are tired of it, or maybe bankruptcy.
having 300,000 visitors doesn't mean they have 300,000 participants
and if the number of winner exceed the number of loosers then they will have a red signal, especially if some dudes made a high profit
and do not forget a hack or one of the team members running with a part of the fund?
I'm pretty sure they were making a nice income of 100,000$ / month. if not more.
why they close ?
why they close ?
They ain't making that kind of money. Be realistic about it, not all 300,000 visitors would be losing all of their money. They are closing for a reason that no one wants to buy their casino. Maybe because they are tired of it, or maybe bankruptcy.
- Before closing down site they have cut off their all promotions, lowered the pay rate for their signature campaign which shows they were having some financial problems.
- They even tried to sell their site but couldn't find buyer so ultimately they have to shut down their platform.
- They might also got afraid of getting into radar of local authorities, they closed site being happy with what they have already made with the site till now.
- They even tried to sell their site but couldn't find buyer so ultimately they have to shut down their platform.
- They might also got afraid of getting into radar of local authorities, they closed site being happy with what they have already made with the site till now.
I agree, they likely ran into financial troubles and ultimately closed it down since they were operating in losses. Maybe someone won really big and that drained their funds and was not able to get back up again, who knows. They should probably create some sort of thread were they would clarify the reason so we all stop speculating what happened to them.
- Before closing down site they have cut off their all promotions, lowered the pay rate for their signature campaign which shows they were having some financial problems.
- They even tried to sell their site but couldn't find buyer so ultimately they have to shut down their platform.
- They might also got afraid of getting into radar of local authorities, they closed site being happy with what they have already made with the site till now.
Just another wild speculation for me , in general bitcoin dice sites seems lost interest from users.- They even tried to sell their site but couldn't find buyer so ultimately they have to shut down their platform.
- They might also got afraid of getting into radar of local authorities, they closed site being happy with what they have already made with the site till now.
Also with the bitcoin volatile nowadays makes them struggle to make decision wheter they have to continue or just withdraw all the bitcoin profit they have with current nice rate.
It is just make me so pessimistic about bitcoin gambling business heading the future .
- Before closing down site they have cut off their all promotions, lowered the pay rate for their signature campaign which shows they were having some financial problems.
- They even tried to sell their site but couldn't find buyer so ultimately they have to shut down their platform.
- They might also got afraid of getting into radar of local authorities, they closed site being happy with what they have already made with the site till now.
- They even tried to sell their site but couldn't find buyer so ultimately they have to shut down their platform.
- They might also got afraid of getting into radar of local authorities, they closed site being happy with what they have already made with the site till now.
They have already stated these reasons for selling their platform https://bitcointalksearch.org/topic/m.21156790
So the main reason for complete closure is that they couldn't find any buyer for their casino
But they haven't scammed anyone while they were in business...
Quote
Our reasons to sell:
We want to give our full dedication (e.g. time & money) to other projects than rollin.io;
Due to the other projects we have, we cannot afford to risk our current bankroll with high rollers;
We want to give our full dedication (e.g. time & money) to other projects than rollin.io;
Due to the other projects we have, we cannot afford to risk our current bankroll with high rollers;
So the main reason for complete closure is that they couldn't find any buyer for their casino
But they haven't scammed anyone while they were in business...
I do not know why but it seems that big site closing has always the same reason, 'need to focus on other projects'. And I do not really believe that, this is really profitable and why they suddenly close it? It must have some hidden reason on their closing
no hidden reason,just financial reasons,usually
sometimes they do have not enough time to focus on the site,maybe they run a mega successful site we don't know they own
so it only makes sense to make sure it recieves all the attention needed and the barely profitable site that takes up resources is sold or closed
which has happened with rollin.io
there is so much competition nowadays at the dice sites and casinos market,it is stacked so I'm not surprised at all-survival of the fittest
They have already stated these reasons for selling their platform https://bitcointalksearch.org/topic/m.21156790
So the main reason for complete closure is that they couldn't find any buyer for their casino
But they haven't scammed anyone while they were in business...
Quote
Our reasons to sell:
We want to give our full dedication (e.g. time & money) to other projects than rollin.io;
Due to the other projects we have, we cannot afford to risk our current bankroll with high rollers;
We want to give our full dedication (e.g. time & money) to other projects than rollin.io;
Due to the other projects we have, we cannot afford to risk our current bankroll with high rollers;
So the main reason for complete closure is that they couldn't find any buyer for their casino
But they haven't scammed anyone while they were in business...
I do not know why but it seems that big site closing has always the same reason, 'need to focus on other projects'. And I do not really believe that, this is really profitable and why they suddenly close it? It must have some hidden reason on their closing
They have already stated these reasons for selling their platform https://bitcointalksearch.org/topic/m.21156790
So the main reason for complete closure is that they couldn't find any buyer for their casino
But they haven't scammed anyone while they were in business...
Quote
Our reasons to sell:
We want to give our full dedication (e.g. time & money) to other projects than rollin.io;
Due to the other projects we have, we cannot afford to risk our current bankroll with high rollers;
We want to give our full dedication (e.g. time & money) to other projects than rollin.io;
Due to the other projects we have, we cannot afford to risk our current bankroll with high rollers;
So the main reason for complete closure is that they couldn't find any buyer for their casino
But they haven't scammed anyone while they were in business...
I'm pretty sure they were making a nice income of 100,000$ / month. if not more.
why they close ?
why they close ?
no,they surely were not making 100.000$ a month
and they had a couple of hacks prior to the closure
not sure if it was a hack or just a pretext to close the site but nevertheless,they closed shortly after
also there was a whale betting one bitcoin a pop and slowly draining their wallets
on the plus side,this proves they were legit and paid fair and square,also they didn't leave any outstanding debts
or scam accusations behind,it is just that the business didn't go as planned
I'm not a frequent lurker of gambling section and I just found out about this today. This made me think that nothing is permanent in this world especially in crypto. We can say that they are making profit out of their casino and yet, they still chose to sell their dice game and move one to their new project (I'm just basing this reason from the statement given by its representative here in Bitcointalk). Well, best of luck to their future endeavors.
There could be another reason why and its due to regulations and another with the grey area of bitcoin gambling laws.
Remember that large bitcoin mixer website, I think it was called Bitmixer. It was opperational and very profitable for many years. And all of a sudden it just closed down, wasn't it offered up for sale.
Many think its due to the darknet market sites being closed by the FBI.
BTC went up, they made killer profits, why risk it. They just closed the site and are now living on a beach somewhere.
Remember that large bitcoin mixer website, I think it was called Bitmixer. It was opperational and very profitable for many years. And all of a sudden it just closed down, wasn't it offered up for sale.
Many think its due to the darknet market sites being closed by the FBI.
BTC went up, they made killer profits, why risk it. They just closed the site and are now living on a beach somewhere.
They definitely had other option. One was to gather investors and allow people to take part in the profits. This would increase their bankroll and make everything go smooth. They could also decrease the max bet or max win whatever they preferred. It's so hard to make a casino popular and gather clients. Selling an established one is a waste, especially if it just sits and waits there closed down. If nobody buys it in the next month it's going to be hard to make people come back.
Rollin.io was my first ever casino tryout and I will be really sad if they don't come back, though I haven't player out there in ages, it's one of the most trusted one so ya it feels bad to loose this casino. However I feel it could be due to some upgrades coming, I feel they will come back and stronger, I don't think this site will be dead. Like people have pointed out it used to recieve 100000 - 300000 visitors it's bound to bounce back. I feel it could also be due to change in Bitcoins price, that would have seriously effected them. I hope they make a return.
It is possible they will come back but with new owner as they are selling the site, if they cant find serious buyer then I think they will never come back because they have a plan on a new project IIRC. If they come with new owner = the site will be just another new sites which needs to gain trust starting from 0 even though they were trusted previously.
Rollin.io was my first ever casino tryout and I will be really sad if they don't come back, though I haven't player out there in ages, it's one of the most trusted one so ya it feels bad to loose this casino. However I feel it could be due to some upgrades coming, I feel they will come back and stronger, I don't think this site will be dead. Like people have pointed out it used to recieve 100000 - 300000 visitors it's bound to bounce back. I feel it could also be due to change in Bitcoins price, that would have seriously effected them. I hope they make a return.
Do you think a lot of Casino game pages are simply flips until a problem occurs? Do you genuinely believe that more than a few stay true to integrity of having the bank to cover "larger" bets? If so;
Then you must consider, in the crypto-world, what even consitutes a "larger" bet?, few, if any Casino companies provide us with a suggestion, an indication, or a permissible limitation on our betting. We must recognize with the perceived decentralization of software, verifiable with eth-contracts, there comes a trade-off of regulatory measures.
This needs to be solved.
Then you must consider, in the crypto-world, what even consitutes a "larger" bet?, few, if any Casino companies provide us with a suggestion, an indication, or a permissible limitation on our betting. We must recognize with the perceived decentralization of software, verifiable with eth-contracts, there comes a trade-off of regulatory measures.
This needs to be solved.
Loyce here, until a few days ago Mod Loyce in Rollin Chatter Box. I haven't heard any official response in a few weeks, but 2 days ago I noticed accounts and stats have been reset. I made a new account Mod Loyce so I can chat again.
I believe there's no official statement from them as to why they decided to stop accepting deposits (correct me if I'm wrong).
There's this:Our reasons to sell:
We want to give our full dedication (e.g. time & money) to other projects than rollin.io;
Due to the other projects we have, we cannot afford to risk our current bankroll with high rollers;
We are currently limited in our resources such as time, employees and money to make the casino prosper any further than it does right now.
To my knowledge Rollin hasn't been sold yet.We want to give our full dedication (e.g. time & money) to other projects than rollin.io;
Due to the other projects we have, we cannot afford to risk our current bankroll with high rollers;
We are currently limited in our resources such as time, employees and money to make the casino prosper any further than it does right now.
Such a shame, easily one of the best gambling site out there.
It was for sure my favourite.I also don't think casino profits are always constant and they will be gaining every month because sometimes if any big whales win then their profits will be minus side.
I've seen a few whales win 60 or more Bitcoins during my time at Rollin. The price was much lower back then, at current rate that's $340,000 to risk. Of course, I've also seen whales lose those amounts, but it shows there is a real risk for the house when a single whale drops by once in a while.Had you known the actual facts why did the website shut down you could have given a less ignorant answer.Rollin.io is in the game since a long time and they definitely didn't shut because automatically everyone started winning big.
Read my quote from Rollin.io above. They did the business fairly and easily is as good as very few gambling sites in the market which value their players.
True that!They stated in their selling thread*, that they have other (more profitable I assume?) projects going on
I know of one existing project and one project in the making, but I don't think it's my place to share their projects here.Shortly before listing their site for sale they reported 2x in a week the cold wallet being drained.
It was the hot wallet, cold wallets are of course safe from online hacks.Quote
I'm unclear if it was hacks or a big roller getting lucky.
I can confirm this was caused by a hacker.Shortly before listing their site for sale they reported 2x in a week the cold wallet being drained. I'm unclear if it was hacks or a big roller getting lucky. I doubt this was coincidental, they weren't making money is what it looked like to me. I'm a bit confused why they gave up on selling it so quickly and just decided to shut it down though.
I think their hot wallet was drained twice by hacker! i can't find rollin announcement thread anymore, it was posted there! this wasn't the first time they were compromised/hacked, they were hacked before too. https://bitcointalksearch.org/topic/rollinio-hacked-1340581
Shortly before listing their site for sale they reported 2x in a week the cold wallet being drained. I'm unclear if it was hacks or a big roller getting lucky. I doubt this was coincidental, they weren't making money is what it looked like to me. I'm a bit confused why they gave up on selling it so quickly and just decided to shut it down though.
I'm pretty sure they were making a nice income of 100,000$ / month. if not more.
why they close ?
Not really for 100,000/month. Remember (sometime casino have a lost).why they close ?
Why they close? Did you read an information from Rollin.io (BTC casino) is now for sale! ?
Basically, they worried about the high rollers who can eat up their bankroll so they closed the site. I also don't think casino profits are always constant and they will be gaining every month because sometimes if any big whales win then their profits will be minus side. Also, it looks like they failed to sell the site as well because of the high price.
No idea why but guess it is due to maintaining the site vs making profit. Such a shame, easily one of the best gambling site out there.
Could be.They did the business fairly and easily is as good as very few gambling sites in the market which value their players.*https://bitcointalksearch.org/topic/m.21156790
I'm pretty sure they were making a nice income of 100,000$ / month. if not more.
why they close ?
Not really for 100,000/month. Remember (sometime casino have a lost).why they close ?
Why they close? Did you read an information from Rollin.io (BTC casino) is now for sale! ?
Basically, they worried about the high rollers who can eat up their bankroll so they closed the site. I also don't think casino profits are always constant and they will be gaining every month because sometimes if any big whales win then their profits will be minus side. Also, it looks like they failed to sell the site as well because of the high price.
No idea why but guess it is due to maintaining the site vs making profit. Such a shame, easily one of the best gambling site out there.
Could be.They did the business fairly and easily is as good as very few gambling sites in the market which value their players.*https://bitcointalksearch.org/topic/m.21156790
I'm pretty sure they were making a nice income of 100,000$ / month. if not more.
why they close ?
Not really for 100,000/month. Remember (sometime casino have a lost).why they close ?
Why they close? Did you read an information from Rollin.io (BTC casino) is now for sale! ?
Basically, they worried about the high rollers who can eat up their bankroll so they closed the site. I also don't think casino profits are always constant and they will be gaining every month because sometimes if any big whales win then their profits will be minus side. Also, it looks like they failed to sell the site as well because of the high price.
No idea why but guess it is due to maintaining the site vs making profit. Such a shame, easily one of the best gambling site out there.
Could be.They did the business fairly and easily is as good as very few gambling sites in the market which value their players. I'm pretty sure they were making a nice income of 100,000$ / month. if not more.
why they close ?
Not really for 100,000/month. Remember (sometime casino have a lost).why they close ?
Why they close? Did you read an information from Rollin.io (BTC casino) is now for sale! ?
Basically, they worried about the high rollers who can eat up their bankroll so they closed the site. I also don't think casino profits are always constant and they will be gaining every month because sometimes if any big whales win then their profits will be minus side. Also, it looks like they failed to sell the site as well because of the high price.
No idea why but guess it is due to maintaining the site vs making profit. Such a shame, easily one of the best gambling site out there.
I'm pretty sure they were making a nice income of 100,000$ / month. if not more.
why they close ?
Not really for 100,000/month. Remember (sometime casino have a lost).why they close ?
Why they close? Did you read an information from Rollin.io (BTC casino) is now for sale! ?
I believe there's no official statement from them as to why they decided to stop accepting deposits (correct me if I'm wrong).
Beyond that point we can only speculate. You can't really know their income though, it could've been unprofitable. There's too much competition these days and frankly websites like crypto-games and FortuneJack are much better than Rollin.
Beyond that point we can only speculate. You can't really know their income though, it could've been unprofitable. There's too much competition these days and frankly websites like crypto-games and FortuneJack are much better than Rollin.
dude dont be idi
rollin.io had 300,000 visitors per month don't talk trash about competetion calculate yourself.
I believe there's no official statement from them as to why they decided to stop accepting deposits (correct me if I'm wrong).
Beyond that point we can only speculate. You can't really know their income though, it could've been unprofitable. There's too much competition these days and frankly websites like crypto-games and FortuneJack are much better than Rollin.
Beyond that point we can only speculate. You can't really know their income though, it could've been unprofitable. There's too much competition these days and frankly websites like crypto-games and FortuneJack are much better than Rollin.
I'm pretty sure they were making a nice income of 100,000$ / month. if not more.
why they close ?
why they close ?
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