Quote from: tspacepilot on June 14, 2015, 06:10:00 PM

Quote from: sawdice on June 14, 2015, 09:47:21 AM

Quote from: boopy265420 on June 14, 2015, 07:07:09 AM

Quote from: Dogedigital on June 13, 2015, 09:40:15 PM

If this became a standard to hold money in fiat, many sites would start to claim offline funds allowing for higher maximum bets.

BalloonBit did this and then there were many complications because they could not afford to pay out or at least delayed it until they could. This isn't good practice. Sites should be able to access funds and pay right away. Having a transparent cold wallet address provides proof of funds and solvency.

I second you funds must not be held by the sites owners in case of hitting big prizes.The concept of playing with Bitcoin and other digital coins is to deposit/withdrawals take place in no time.This is coming more and more to see the beholding of funds on name of different excuses.Yoloer did you receive your prize ? Please share the news with us after receive the funds.

Totally agree with you, the core of playing with Bitcoin is instant deposit/withdrawal and certainly this is not how it's going to work on our site in the future, as I said before we we still fixing some issues on the site as it's still in the first version, but as we move on everything will be smoother than the current situation.

I don't agree with you guys here. At least not completely. The erstwhile sealswithclubs.eu always processed withdrawals manually and they did so as an added layer of security. It's not clear to me that the only point of bitcoin is instaneousness. I agree that instant stuff is fun and beautiful and enjoyable, but I'd put security above those adjectives in my own ranking.

BTW, congrats to yoder and @sawdice, I hope people start being a little nicer to you soon. Seems like you're doing your best here.

Thanks for your support, and to clear things up we currently have instant deposit/withdraw, but if the withdraw exceeds the amount held in hot wallet - which is 2-5 BTC- then we have to manually withdraw from the cold wallet, and it will take few hours to verify the bets and the account for the big amounts, we are lookin forward to increase the amount in hot wallet, but since we are in the early stage we can't risk holding much coins in the hot wallet.