Re: DADICE : exposing investors to more risk than their kelly, misleading informatio
I am just saying that, although you and your site might be legit, your behavior it's making you look unprofessional and gives your site a bad image, i understand OP might have insulted you and your site but look at your replies to him and others, it's not the way to go.
exactly, even if you may feel insulted or whatever, its a fact that your posts on this forum represents your site; if this kind of behavior was demonstrated by a representative of any major international company they'd be fired immediately. pride and professionalism dont mix, especially in this kind of scenario.
Let's look at this overall thing from a different prespective for a moment? shall we?
I disagree and deny with what you said above
But is this me being unprofessional or rude? Neither! That is the whole point! I refered to leen as "manipulative" and "liar", and for both of these for which I have given undeniable evidences. I never called leen a "whore" (as suggested by dooglus) but instead if you read carefully I criticized him/her for creating a "whore show" as in slang-synonym for "fuck up" and "chaos" (TPB fans will understand). It is no different from dooglus stating "It will be interesting to hear DaDice staff try to explain their way out of this major fuckup." Just as usual dooglus's habit of not reading entire posts and jumping between lines took the best of him. To be honest, this entire thread is a fucking whore show indeed, for which I was compelled to write later: "starring dooglus".Now lets have a look here:
Because they implemented the kelly criterion wrong.
It doesn't sound like they implemented it at all.
Instead of letting investors specify how much they want to risk per roll they just go ahead and risk up to 20 BTC per roll no matter what the investors decide.
This quote from dooglus and leen is enough to justify the entire situation. Now to deny this SCAM accusation, all we need to do is prove that the manual that leen is refering to was unlinked from the site long ago because it was not applicable, just like Dean has pointed out and reference links for previous conversations have been provided as well. And the second but most important aspect is to prove that leen was aware of 20 BTC maximum payout per roll. And that is exactly what we did!
This entire SCAM accusation was standing on 2 points as above, both crippled. We have had also explained this before and we did this again that we are offering MAX. PAYOUT as competitive figure and solely for commercial purpose and we will do this until it is commercially sound for us. Initially I did NOT mean to defy dooglus that is why I stated clearly:
Personally I agree that it should be based on bank roll but as I have suggested before this is a commercial decision not technical. And we do not need advices when it comes to commercial decisions, including but not limited to how we pay for signature campaigns, other events and everything. We may change this in future, right now, how are we going to pay is none of your concerns.
However, I think dooglus didn't just read my post and jumped in between lines. All our investors are aware of the risks, least of all leen is especially aware of the rules and risks. Leen has been investing with us before the investment program was private and came back on repeated requests after investment program became private.
My sincere apologise to dooglus if he was offended by anything we said, but again, I am the one carrying "dev" in my username, any technical point he wanted to discuss should have discussed with me only, and I have had already agreed that "yes!" kelly citerciton is not imlemented in complete form and also tried to explain him that this is how we started by this may change in future when we are commercially sound for that. So the decision is commercial, investors are fully aware of this and especially leen was aware of it. I have said it number of times already that the roll from leen that we have shown here is not based about profit (consecutive wins) but in fact the roll is about max. payout being 20 BTC. Anyway also thing to note that leen made that roll after she was fully divested and the bank roll at that time was no more then ~550 BTC.
We also made it very clear, if any investor considers he is not aware of risks mentioned, we can divest him to the point before that specific roll. If this is not fair, then what is? And yes, with only exception of leen because of her not acting in good faith and associating lies with us.
Now when it comes to QuickSeller, BodgyBrothers and few other of their alts, there are never here for reasoing of any sort, they are here to abuse/slander and spread FUD, and only justification they have is they "think" this is a SCAM and its been going on for months.