Post
Topic
Board Gambling
Re: DaDice.com - Next Generation Social Gambling Dice Experience
by
shorena
on 20/05/2015, 10:33:06 UTC
-snip-
Hey guys @saurav here.I was in the chat at the moment the major investor(name withheld due to his privacy concerns) and steve were having a talk so i got a peek at the messages. Maybe dev can show a screenshot or the chat history or something but this is how it went. The investor requested that although he is a major investor there, he would not like his bitcoins to be placed in the public address.

Thats not how bitcoin works. Everyones funds are "placed" in public addresses.

He said that the coins could be traced back to his address , which he would not like because of his privacy concerns.

Use a mixer. If you (not you personally ofc) already have compromised your privacy there are ways to clear this connection. This should have no impact on the way dadice handles business.

Then another guy offered an advice that they could "mix the coins" , but then there was the problem of huge"transaction fees" and since investors keep divesting and reinvesting those coins , that could be problem again. So thats the reason why there isn't a public address for 10% of the coins. And as steve has already told the 10% mark hasn't been completed because of the investor's request , dadice's investment is still 90%+ of the bank roll. And as steve and dev have already said kelly level can be confusing.
Keep rolling

If you value your privacy enough to enforce a certain unhealthy custom on the business you are backing with your funds you should be willing to pay the (in comparison)  tiny fee. This explanation makes dadice look very shady and if the investor has any interest in dadice being a success they would have an interest in paying a small fee now instead of seeing the site get ruined by their requests.


@Da_dice id appreciate a response to my previous post. I understand that the bickering between rivals might distract you, but I prefer a discussion about this with as little drama as possible.