I certainly understand your frustration, wasubii. However, as I tried to point out in an earlier post, I don't think it makes much sense for bit365 to stall in the hope of raking in enough money to pay people off. He's only taking it a little over 1 BTC per day in bets now, even at the peak of the (American) football betting season. Even if his average profit were close to the 6% it has hovered around historically, this isn't going to pay off even one of his big investors for months. On top of that, the book has been losing money of late, at least if you believe the posted bets and numbers. Surely he is aware of all of this.
This obviously doesn't make it any more excusable that bit365 is hiding. I tend to believe his story about lost cold-storage bitcoins. My best guess is that his brief optimism that the remaining lost wallets could be recovered hasn't panned out.
In any case, his lack of communication and lack of transparency about the details of the problem remains unacceptable. He has mis-managed the PR campaign since the beginning of the problem and has exacerbated the damage to the website's reputation. If he pays everyone back tomorrow, he will now have an uphill battle to rebuild his image. Every day that goes by just makes it a little bit worse. Seriously, bit, what do you hope to gain from your silence?
Thanks for letting us all know that bit365 failed to meet his deadline with you, wasubii. It's not encouraging, but it is an important bit of news.
We are in slightly different situations. You placed three
BTC0.23 bets on long odds and came out on top with a lucky pick and a supposed payout of
BTC9. You came to an arrangement with Bit365 whereby one bet was cancelled, returning you
BTC0.23 and the other two winning bets were turned into a 'long term investment' of
BTC6.
You risked
BTC0.69 and you got back
BTC0.23 and the promise of more later - but i imagine if you try to withdraw your new investment you will find it at the back of the queue, seeing as you have already bargained your position.
I on the other hand 'invested' in this website a total of
BTC8. I wasn't looking to put my money on a straight up long odds gamble like you were - i was looking for a return on my coins with what was promised to be the ability to withdraw my investment at any time. Perhaps the book would have performed badly and we would have lost a few percent, but i was keeping a close eye on it and was ready to pull the trigger and have my investment returned to me. Fat lot of luck with that.
So congrats on getting your
BTC0.23 back. That really goes a long way to put at rest the minds of the guys who are waiting on payouts of
BTC50 or
BTC25 or
BTC8!