I learned something today, the gambling market, is purely looking to be profit only. They don't want to better themselves, and it has bred this insane loyalty. I feel like this borderline culty.
It is borderline culty in the sense that in the bankrollers (Investors in JD type sites)
BTC is what is being used as loans. Therefore when one is seen as a scammer stealing funds from them yes there is a cult personality as its their
BTC, even with the problem being that they trusted the site owner to make sure his product was tested and ready. Dooglus spent a few weeks with test net coins prior to sending out the site to public and because of his previous trust levels and his extreme knowledge we see how JD turned out to be the King of Provably Fair and Investments.
PRCDice had a real chance to step up to the plate and hit a homerun with this site and build trust over time - but with this incident and the fact that the owners are not being as transparent in their funding reports (weekly JD type blog), to see the backing levels and to verify in an incident like this happens then the ownership could take the hit or possibly not run with bankrollers funds.
As for anyone looking to open up a JD type investment site
1. Until complete assurance that site is ready - keep it internally owned
2. Test it yourself, dont be lazy, take the guarantees of being a good place to gamble
Once site is Open with bankrollers
1. Try to be completely open about how site is to be ran, the rules in place, and as much clarity of bankrollers funds with keeping info of people a secret - JD did this all greatly and sets the bar not just in gambling sites imo but how most
BTC businesses should be run in the future with security and honestly
2. Look into a multisig cold wallet with a guarantee - As someone who respects and trusts you I would invest my
BTC as I would consider you one of possibly 10 people I could leave
BTC with - others may not - for example from my post above
He is now holding over a quarter of a million USD, the bankrollers that are funding the site will figure out his trustworthiness. IMO the cold wallet should be a multi-sig wallet with 9 of the top bankrollers and Dean (total 10) with 8 out of 10 deciding when to process payments - This protects everyone
ALSO LASTLY BE CAREFUL TO GAMBLE OR INVEST IN PRCDICE BECAUSE I BELIEVE DEAN DOES NOT HAVE THE CAPABILITIES TO KEEP THIS SITE IN ORDERI totally agree with you, I gambled on prcdice and i dont have any negative issues with this site, but I wouldnt invest either. Its hard to find a anonymous trusted person.