Post
Topic
Board Meta
Re: Clear abuse of DefaultTrust by Vod
by
CrazyJoker
on 14/05/2015, 21:25:59 UTC
-snip-
But, there is nothing hidden here. The inflow of new investments and their timing is random itself.

Transaction IDs are not listed. I dont see a common deposit address either. Both should be found easily. Not providing them openly is hiding something.
Because every bet does not correspond to a Tx ID. Players deposit in the site wallet and play from there, just like dice sites. I could make it directly on the blockchain, but that was giving rise to 2 problems...

i. I could NOT identify a referrer and thereby could NOT give referral commission.

ii. Players could NOT use web wallet, as for most web wallets deposit address is not the receiving address.

In any case, I am NOT going to change the structure as the players are already comfortable with it. But, every player who has deposited or withdrawn can identify the site address from blockchain. Moreover, all my withdrawals are listed in the thread.


-snip-
Nopes. The fundamental concept is NOT the same. There is no round removed here. When an investment expires, it goes to "the bankroll" means it is used to pay the next pending investment. It does NOT get into my pocket. Only when a player is paid back 140% return, 10% of that goes into my pocket and that is my incentive to run the game honestly.
-snip-
Lets look at some examples from your site.

Code:
127 kahnur 0.005 0.007 Expired 00:00:00
126 Shikaku 0.0078876 0.01104264 Paid 00:00:00
125 haha 0.0141876 0.01986264 Expired 00:00:00
124 Schemer 0.1        0.14 Expired 00:00:00
123 FIALKA 0.01 0.014 Expired 00:00:00
122 yazx 0.0026 0.00364 Expired 00:00:00
121 mrfizzy 0.00126 0.001764 Paid 00:00:00

Why was #125 not paid from the bankroll provided by the expired "investments" from #122 #124. If the only indicator to pay out is another "investment" after me, the bankroll can certainly increase to any amount and your statement from above is wrong.

Because bankroll does NOT increase when a bet expires. It increases when a new bet comes in. When 122 was expiring, bankroll was lower than 0.00364 BTC. After that, new investment came in and bankroll was lower than 0.014 BTC, but higher than 0.012 BTC. That is why 123, 124, 125 expired, but 126 was paid. For classical Ponzi Games like WeeklyPonzi/NextPonzi, the only indicator to pay out is another investment after yours, but this is NOT the case here. Bankroll goes up & down because of new bet & payouts. I hope, now you understand the beauty of the game.

What? If a bet expires it goes to the bankroll, but the bankroll does NOT increase? How does that work?

Besides...
#122-#124 are expired for a total of 0.1126 BTC. Why did #125 did not get paid 0.01986264? It might make sense if I had more information, but your page does not provide enough information for me to reenact what happend. However part of beeing provably fair is that I can late look at the data provided and understand that there could have been only one possible outcome. When I look at the data your site provides I have questions arising.

About the "I dont play and even if I would I have no advantage" issue: From the information your page currently provides I only see entrances in a table that rely on your local database. You as the operator obviously have database access and could just add entries. I hope you see my problem now and can maybe explain in a way that does not lead to more confusion.

As I stated, bankroll actually increases with every new bet. If a bet a bet expires, the bet amount remains in the bankroll or goes to the bankroll, whichever way you explain it. If a bet is paid, the bankroll decreases.

As explained above, the expiration of #122-#124 did NOT increase the bankroll. When #122-#124 were invested, bankroll increased and that helped to pay some previous bet. Expiration of #122-#124 only made sure that the bankroll will now be compared with #125. The site provide enough data to reenact what happend. Just it would be a bit more labourious to reconstruct. Simply sign up and log in. You'll see a blue box on each bet#. Clicking on that, you'll find bet details. That would help you to calculate from bet#1 that what happened according to time of expiration of each bet.

About the "I dont play and even if I would I have no advantage" issue: If I accept your logic, then a dice site can change the seed of a bet and claim that was what in the DB. Players can always take screnshot and if I change DB, it'll immediately be caught and again it wont be economical for me to cheat that way as I make more from commission by honestly running the game.