Post
Topic
Board Gambling
Re: DaDice.com - Next Generation Social Gambling Dice Experience
by
dooglus
on 20/05/2015, 23:19:32 UTC
1. Someone mentioned DaDice hot wallet earlier (https://blockchain.info/address/1HMAgvunJzr3HoRAUFg3VuU2UJm9KWDjFu) and its clear Da Dice has paid 108+ BTC, Which is a very reasonable amount for a new dice site.

The amount is really quite meaningless. 100 BTC of it could be them withdrawing the same coins to their own wallet over and over again to make it look good. It really doesn't prove anything; they could still be insolvent.

2. Da Dice as far as I have seen has been honouring all withdrawal requests. I have seen users been paid up to 18 BTC per request here.

That's the same argument every Ponzi scheme supporter makes. "It's not a scam, they're paying". Every scam site pays at first, then stops. The fact that they currently honour withdrawal requests proves nothing; they could still be insolvent.

3. The only person who should be demanding a cold storage address is the one who is investor of Da Dice himself. No other person, 3rd party casino owner has any right to tell Da Dice how to run there business. You cannot compel Da Dice to do something just because you have done it or somebody else would have done it.

It's easy to prove solvency if you're solvent, and impossible if you aren't. The fact that DaDice refuses to do it is cause for concern.

4. Da Dice doesn't promote/spread/chant "Invest Here!!!" slogans. Da Dice (as its well known) started with Bankroll of 500 BTC, If over 108+ BTC have been paid out, and Bank roll is nearly double right now it is a VERY HEALTHY sign from Da Dice.

But we can't tell how big the bankroll is because they refuse to show it to us. All we see are the numbers that they control, and they could be made up.

5. Da Dice doesn't force its users to invest. Investors are free to do their own due diligence proir to making any sort of decision, anyone including dean and stunna have no right to do this for others. Making an investment or not on Da Dice is solely on any individual's own determination. Da Dice doesn't force its users to invest nor any sort of investment is required to benefit from Da Dice.

That's true. It is up to each investor to investigate for themselves. Now that the site's unwillingness to provide proof of solvency is more visible that will help potential investors and players when they are doing their investigation. Otherwise maybe some would miss the fact that every dice site taking public investments except DaDice offers proof of solvency. The individual investors are still free to make their own decision of course. It's just that now they have more information upon which to base their decision.

6. Sharing your "concerns" here 1 time is reasonable, doing it again and again is SPAMMING and THREAD HIJACKING.

This is my third post to this thread. I guess I'll try to make it my last. Maybe I'll save my 4th for a "told you so" at the end?

7. Last but not least, let us also agree to the fact that no other dice site would be threatned right now if they also didn't agree to fact that Da Dice is gaining popularity very fast and is (for fact) way superior then all other current ones in industry.

I've never looked at it. I see a whole bunch of signature ads from them, and figured it was "just another dice site", but one with a big ad budget. I hope they're not spending investor funds on ad campaigns with the hope of earning the coins back later. That would be dangerous. If only there was a simple way they could prove they aren't doing that...