Post
Topic
Board Gambling
Re: DiceBitco.in - New Thread to Discuss
by
snuffish
on 09/09/2014, 08:31:08 UTC
Could someone summarize what exactly happened ? I have lost track after the bug in the code that made people loose

After the bug they gave an excuse that it was one of their employ who did it deliberately  and now the bug is fixed. Then people started divested as no one trusted them. Also, they stopped paying people who lost due to the bug. And once they ran out of funds, they probably created a player who knew the seeds and started flat betting and took the profits from +250 BTC to -332 BTC in a day, and tried to act as if it was no them.


Of course manl cheated everyone. The only right thing would be to suspend mateos betting. So this doesn't make many any sense at all..
When a massive bug like this appear you always suspend the betting or just "un-plug" the server until it's solved.

I read that someone wrote that they "didn't earn enough each day" from dicebitco.in.. but come on! They earned a lot from their investors.. because of the 10% commision.
I think they earned ~10 BTC in commision the first week after launch. That's a massive amount in my opinion.

Just think about the profits it would generate in the long-run.