Search content
Sort by
Showing 19 of 19 results by Bitsandbits
Re: [CryptoStocks] Satoshi Poker performs a buyback of shares and performs a new IPO
This number shows the number of players online, not the number of players actively on the table.
https://bitcointalk.org/index.php?topic=312764.0
When you got caught lying in the previous IPO you decided to manually increased the players online number with +200 instead of answering the questions. It literately went from around 10-20 online players to over 200 instantaneous.
The first answer in the new IPO is a lie, what a great start. I'm sure these stocks will fly off the shelves.
I'm not saying that at all. All I'm saying is that the "online now" number went from 20 average to 220 average instantaneously and that this happened after you posted an IPO. You must agree that timing is peculiar and therefor relevant.
I could be wrong though and there are actually 200 players logged in at all times, magically keeping that number exactly around 210 - 220, night and day.... I think not.
I don't think I want to waste more time on this. Hopefully it ends well, GL! Peace!
They are seriously overpriced with a market cap of 20m USD and their projected network share of 30% is doubtful.
Only on bitcointalk
http://i.imgur.com/uy6icfj.png
haha, priceless.
Re: [CryptoStocks] Satoshi Poker performs a buyback of shares and performs a new IPO
This number shows the number of players online, not the number of players actively on the table.
https://bitcointalk.org/index.php?topic=312764.0
When you got caught lying in the previous IPO you decided to manually increased the players online number with +200 instead of answering the questions. It literately went from around 10-20 online players to over 200 instantaneous.
The first answer in the new IPO is a lie, what a great start. I'm sure these stocks will fly off the shelves.
I feel like I have to do the right thing and voice my opinion here as well. The bitcoin community must protect itself and act as our own guarddogs in the wake of personal accountability and regulation. Personally I don't like gambling and what it tends to do with people but I do respect that some people enjoy it and I want everyone to continue to do so without getting scammed. So without further ado:
Some people may have seen Satoshipokers public listing: https://bitcointalk.org/index.php?topic=312764.0
Within it and after there has been aired a lot of concern and accusations of unethical behavior. The most alarming, which for the record is my own personal opinion is the fact that satoshipoker is broke and may not have the funds to cover player balances.
Here are all of the issues I've noted myself while going through the IPO:
1. OP does not mention within the listing that the actual plan is to sell the majority or all the stocks in the near future.
2. OP claims that he has been ID verified, while the listing shows that he is only email verified.
3. OP claims that sathosipoker generates 2.5-4 bitcoins a day in rake, while refusing to document this.
4. OP claims that he has personally invested more than 100k, which does not make sense.
5. OP claims that he has registered a company under his name in Holland, but does not provide any documentation.
6. A couple of days after the listing OP artificially adjusted the "players online" number with about x 100.
7. OP says that the only way they can get players is by stealing them from other sites.
8. OP is allowing someone to play and tweak their bot without interference.
9. OP sponsored some "pro players" who made several accusation and left.
10. Op refers to "our tech team", which makes no sense as they don't own the software license and when it comes to the website, here is how that was handled: http://www.freelancer.com/projects/PHP-Website-Design/Front-end-developper-for-satoshipoker.html
11. In another thread from July OP admits that satoshipoker does not have the funds to pay for basic forum marketing upfront: https://bitcointalk.org/index.php?topic=249767
12. In the same thread OP claims that satoshi has gone from breakeven to profitable, which is an obvious lie.
13. OP has personally asked for a small loan on btcjam so he could "travel to Vegas and Holland" and he was late on the first down payment. https://btcjam.com/listings/6852. Within another loan OP admits that he is trying to loan a large amount https://btcjam.com/listings/6320
Often when someone is claiming incredible and undocumented feats in exchange for funds its a sign of a scam or underlying problems. Previously OP has admitted there is a lack of funds and that he has taken personal expenses loans. This is a reason of concern and the least OP can do is to prove that player funds are covered.
Anyone who keeps or wishes to deposit funds at sathosipoker should reconsider in my opinion!
Some people may have seen Satoshipokers public listing: https://bitcointalk.org/index.php?topic=312764.0
Within it and after there has been aired a lot of concern and accusations of unethical behavior. The most alarming, which for the record is my own personal opinion is the fact that satoshipoker is broke and may not have the funds to cover player balances.
Here are all of the issues I've noted myself while going through the IPO:
1. OP does not mention within the listing that the actual plan is to sell the majority or all the stocks in the near future.
2. OP claims that he has been ID verified, while the listing shows that he is only email verified.
3. OP claims that sathosipoker generates 2.5-4 bitcoins a day in rake, while refusing to document this.
4. OP claims that he has personally invested more than 100k, which does not make sense.
5. OP claims that he has registered a company under his name in Holland, but does not provide any documentation.
6. A couple of days after the listing OP artificially adjusted the "players online" number with about x 100.
7. OP says that the only way they can get players is by stealing them from other sites.
8. OP is allowing someone to play and tweak their bot without interference.
9. OP sponsored some "pro players" who made several accusation and left.
10. Op refers to "our tech team", which makes no sense as they don't own the software license and when it comes to the website, here is how that was handled: http://www.freelancer.com/projects/PHP-Website-Design/Front-end-developper-for-satoshipoker.html
11. In another thread from July OP admits that satoshipoker does not have the funds to pay for basic forum marketing upfront: https://bitcointalk.org/index.php?topic=249767
12. In the same thread OP claims that satoshi has gone from breakeven to profitable, which is an obvious lie.
13. OP has personally asked for a small loan on btcjam so he could "travel to Vegas and Holland" and he was late on the first down payment. https://btcjam.com/listings/6852. Within another loan OP admits that he is trying to loan a large amount https://btcjam.com/listings/6320
Often when someone is claiming incredible and undocumented feats in exchange for funds its a sign of a scam or underlying problems. Previously OP has admitted there is a lack of funds and that he has taken personal expenses loans. This is a reason of concern and the least OP can do is to prove that player funds are covered.
Anyone who keeps or wishes to deposit funds at sathosipoker should reconsider in my opinion!
Please post your deposit address validating your rake per day claims.
Please post some graps/docs of player volume
About the costs, you are saying you paid 90k for a software that by your own words does not meet the "minimal industry standards" 5-6months later. Then you now want to buy the source of this "outdated" software for 100k, for then to pay another x amount for the new software (additions?) that will be done in December. Sounds like a great plan.
http://www.youtube.com/watch?v=vpnxd31y0Fo
Im not remotely interested in buying the source of the current client. Enterra rebuilt their software applications from scratch making them fully communicate and native for the mobile users. They charge $90k license fee for all their clients which are: 1 windows desktop client, 1 MacOS client, 1 native android app, 1 iphone app and 1 html5 client. We already own the licenses for our current software. The $90K is to buy licenses for the new bundle package and the $100k is the price tag to get the source code of every one of these products so we can put our own team up to devellop this.
We don't charge rake to a bitcoin address. The rake is deducted from player accounts by our backend and thus we get a surplus in our hot wallet. On weekly basis we check the total player balances and the funds in cold storage and if needed add some funds to these cold wallets. If not needed we use the funds for marketing or promotion. With the IPO we will automatically reserve 50% of all rake in one player account so we can see exactly how much has to be paid out. We will have that account withdraw to CryptoStock and pay out the dividends. I will post you some graphs and statistics tomorrow, even though you are not interested to buy. I had a 3-day session preparing for this and I am in Bangkok time zone. I'm going to get some sleep first.
Ohhh So you paid only 40k. Well this makes even less sense then, because as "thy" points out you've already taken a considerable amount of investor money, while you claim to have invested more than 100k yourself. Please elaborate on the 100k you say you've personally put into this project and where that has then gone.
And I know you don't charge/send rake to specific bitcoin addresses. All im asking is for you to show proof of deposit volume so investors can see if your 2.5 to 4 bitcoins in rake per day holds up.
To me, you obviously don't know what you are doing and you've unfortunately so far been able to basically scam a few people already, I wish I stumbled upon this back then, maybe I could have saved someone.
The fact that you say you can make your site the fifth largest poker site in the world, in 12 months, based on this IPO, is so absurd it speaks for itself. Do you realize the budgets you are competing against? Even some smaller sites are paying 200mill just to sponsor a soccer team.. And they are like 30 on that list.
It gets even worse, you are claiming this without submitting any facts, documentation, plans or anything that would indicate you are on that path. All you are saying is that you would like these investors to overpay for a software upgrade. Why? Because you are realizing this doesn't work, you are running out of funds, losing money on freerolls/promotions, forcing you to scale back and this is the only hope and time you have.. Take your bag and leave, stop lying and sell the site for 10-20k and move on.
And I want to point out something else when I've first started:
In the grindabit thread linked earlier you are accused by your own "sponsored pros" (which are just regular players for the record) of playing and winning funds versus them with an anon-alias on your own site. Not only that but you also admit they are Seals player and their sole task was to bring friends and player over from there. This is very unethical and not something a serious poker site would ever do!
And you also admit that you allow a bot to play on your site because "the bot is bad and you don't want it coming back under new alias" This is literately insane, you are basically allowing someone to tweak their bot without interference..
I'm going to keep this short considering you come to this thread and probably this forum for one reason only, looking at your post count. I would invite anybody that is interested in purchasing shares during the IPO to do their own research.
I don't see how it would be unetical to sign players a pro deal on the promise to get people over. If you run a pokersite, there is only one place you can get your customers from: the competition. If you look at the thread in Grindabit you mention it is actually the same pro's that ran with the money I staked them to come back 2 months later to accuse SP out of the blue, just based on a feeling they had. In fact, after posting the evidence on the matter, the same pro's left the thread. I'm not going to stake players to then get back the money I provided to get the cash games going.
If you post information, please post the correct one, as I have the habit of ignoring baseless accusations and misrepresentations.
First of all, your not answering any of the questions. How come? Wouldn't it be in your own best interest to submit documentation that validates your claims? Seems like an obvious thing to do for a 3 million dollar company.
There is only one place you can get your customers from: the competition
I hope everyone sees this quote for what it is. You are actually saying that the only way you can get players is to steal them from Seals. What about doing some real marketing and get new players involved in poker? On the other side, this is actually a rare glimmer of honesty, you are basically admitting that it is very hard to attract players and you have realized your only option is to attempt to steal them with unethical marketing practices.
The fact that the biggest bitcoin pokersite runs on $300 maven software says enough IMO.
Goes to show you what years of hard work, good ethics, great costumer service and honesty can result in.
I envision SP to become a community owned site in the near future
So the plan is to sell it all off in the near future? Maybe that should be mentioned in the listing. I'm literately speechless.
Please post your deposit address validating your rake per day claims.
Please post some graps/docs of player volume
About the costs, you are saying you paid 90k for a software that by your own words does not meet the "minimal industry standards" 5-6months later. Then you now want to buy the source of this "outdated" software for 100k, for then to pay another x amount for the new software (additions?) that will be done in December. Sounds like a great plan.
http://www.youtube.com/watch?v=vpnxd31y0Fo
Im not remotely interested in buying the source of the current client. Enterra rebuilt their software applications from scratch making them fully communicate and native for the mobile users. They charge $90k license fee for all their clients which are: 1 windows desktop client, 1 MacOS client, 1 native android app, 1 iphone app and 1 html5 client. We already own the licenses for our current software. The $90K is to buy licenses for the new bundle package and the $100k is the price tag to get the source code of every one of these products so we can put our own team up to devellop this.
We don't charge rake to a bitcoin address. The rake is deducted from player accounts by our backend and thus we get a surplus in our hot wallet. On weekly basis we check the total player balances and the funds in cold storage and if needed add some funds to these cold wallets. If not needed we use the funds for marketing or promotion. With the IPO we will automatically reserve 50% of all rake in one player account so we can see exactly how much has to be paid out. We will have that account withdraw to CryptoStock and pay out the dividends. I will post you some graphs and statistics tomorrow, even though you are not interested to buy. I had a 3-day session preparing for this and I am in Bangkok time zone. I'm going to get some sleep first.
Ohhh So you paid only 40k. Well this makes even less sense then, because as "thy" points out you've already taken a considerable amount of investor money, while you claim to have invested more than 100k yourself. Please elaborate on the 100k you say you've personally put into this project and where that has then gone.
And I know you don't charge/send rake to specific bitcoin addresses. All im asking is for you to show proof of deposit volume so investors can see if your 2.5 to 4 bitcoins in rake per day holds up.
To me, you obviously don't know what you are doing and you've unfortunately so far been able to basically scam a few people already, I wish I stumbled upon this back then, maybe I could have saved someone.
The fact that you say you can make your site the fifth largest poker site in the world, in 12 months, based on this IPO, is so absurd it speaks for itself. Do you realize the budgets you are competing against? Even some smaller sites are paying 200mill just to sponsor a soccer team.. And they are like 30 on that list.
It gets even worse, you are claiming this without submitting any facts, documentation, plans or anything that would indicate you are on that path. All you are saying is that you would like these investors to overpay for a software upgrade. Why? Because you are realizing this doesn't work, you are running out of funds, losing money on freerolls/promotions, forcing you to scale back and this is the only hope and time you have.. Take your bag and leave, stop lying and sell the site for 10-20k and move on.
And I want to point out something else when I've first started:
In the grindabit thread linked earlier you are accused by your own "sponsored pros" (which are just regular players for the record) of playing and winning funds versus them with an anon-alias on your own site. Not only that but you also admit they are Seals player and their sole task was to bring friends and player over from there. This is very unethical and not something a serious poker site would ever do!
And you also admit that you allow a bot to play on your site because "the bot is bad and you don't want it coming back under new alias" This is literately insane, you are basically allowing someone to tweak their bot without interference..
You guys are unreal, I usually just lurk but this hit a nerve.
The fact that not all the tables have bad-beat-jackpot does not explain why the generated number is just 1.4 bitcoins, we are talking about months and you stated to your potential investors that you generate 2.5 to 4 btc in rake each day.
That number is so absurd, I'ts an obvious lie.
Just imagine, that amount of rake each day, what volume of deposits you would have to get.. Take the most generous number ever, around 10btc. PLEASE POST YOUR WALLET ADDRESS so everyone can see and validate themselves if your words hold up.
And as "addi" correctly pointed out, the amount of active tables running would be an considerable amount.. please post some graphs or documentation from your cms system (if there is one)
And you write above:
" It will give us the time for the preparation to the new software client and get our tech team together to work on it, before it's released in December."
while in your own forum thread you wrote just a few hours ago that the plan is to buy the software from a company called Enterra.. so Which is it? Or perhaps you are Enterra? and how on earth will this new software be ready by December, its a couple months..
It just doesn't hold up, even the amounts you are asking, for a fraction, if anyone wanted they could probably buy a software license themselves, buy a .org domain and throw together a template webpage with stock images and probably do a better job at it...
You guys should be banned
The fact that not all the tables have bad-beat-jackpot does not explain why the generated number is just 1.4 bitcoins, we are talking about months and you stated to your potential investors that you generate 2.5 to 4 btc in rake each day.
That number is so absurd, I'ts an obvious lie.
Just imagine, that amount of rake each day, what volume of deposits you would have to get.. Take the most generous number ever, around 10btc. PLEASE POST YOUR WALLET ADDRESS so everyone can see and validate themselves if your words hold up.
And as "addi" correctly pointed out, the amount of active tables running would be an considerable amount.. please post some graphs or documentation from your cms system (if there is one)
And you write above:
" It will give us the time for the preparation to the new software client and get our tech team together to work on it, before it's released in December."
while in your own forum thread you wrote just a few hours ago that the plan is to buy the software from a company called Enterra.. so Which is it? Or perhaps you are Enterra? and how on earth will this new software be ready by December, its a couple months..
It just doesn't hold up, even the amounts you are asking, for a fraction, if anyone wanted they could probably buy a software license themselves, buy a .org domain and throw together a template webpage with stock images and probably do a better job at it...
You guys should be banned
Lovely, all these 8 posts accounts to come over here
Everybody who plays at our site is aware that we bought our software from Enterra Poker. We are not Enterra itself, just their customers. For the new client I dont only wish to purchase the license but also the source code so we can do the modifications ourselves. Total license fee is $90k and the source an additional $100k. Their software will be ready in december as they have been working on it for months, since their current platform is no longer meeting the minimal industry standards. If you think that you can buy that package and just throw together a template and get a pokersite running, then I strongly advice you stay far away from the poker business. As you're not interested in aquiring any shares in my company, I wish you good luck finding another company to invest in.
Please post your deposit address validating your rake per day claims.
Please post some graps/docs of player volume
About the costs, you are saying you paid 90k for a software that by your own words does not meet the "minimal industry standards" 5-6months later. Then you now want to buy the source of this "outdated" software for 100k, for then to pay another x amount for the new software (additions?) that will be done in December. Sounds like a great plan.
http://www.youtube.com/watch?v=vpnxd31y0Fo
First of all, this might be the biggest overvaluation in the history of all valuations I've ever seen. The site hardly gets any traffic whatsoever and the little action there is, is freeroll action. Letsbehonestfor1second.
OP even blatantly lies in the post above where he says:
-The site has a Bad-beat-jackpot counter that has barely moved since the sites inceptions, its only +1.4 bitcoins. (10bitcoin manually added day1) How can that be with up to 4bitcoin in rake&fees a day? Please explain. This just appears like another lie/halftruth I've come across by you guys.
Also the timing is very peculiar, as it is well-know that a large poker project is announcing its presence with a Beta in a few weeks.. Are you guys aware? the timing might definitely suggest so... Not only that, Seals is also planning a new software release in a couple months... Maybe that would be relevant to mention to your investors??
OP even blatantly lies in the post above where he says:
And you're basing your valuation on what revenue and profitability numbers?
For over 2 months we have been averaging between 2.5 and 4 btc per day in rake and tournament fees. With this investment we can purchase superior software and grow to become a top5 pokersite. -The site has a Bad-beat-jackpot counter that has barely moved since the sites inceptions, its only +1.4 bitcoins. (10bitcoin manually added day1) How can that be with up to 4bitcoin in rake&fees a day? Please explain. This just appears like another lie/halftruth I've come across by you guys.
Also the timing is very peculiar, as it is well-know that a large poker project is announcing its presence with a Beta in a few weeks.. Are you guys aware? the timing might definitely suggest so... Not only that, Seals is also planning a new software release in a couple months... Maybe that would be relevant to mention to your investors??
If you wish to use the math, then please apply it correctly before accusing me of lying. The bad beat jackpot only accounts for the table which have the tag [jackpot] on cash game holdem tables of NL20 and higher. Omaha, O8, Stud, Stud hi/lo, holdem cashgames of NL10 and lower and tables without the tag [jackpot] are not contributing to the bad beat jackpot.
Also the tournament fees are not contributing to this pot. You use a figure as measurement which can't give you any certain statistic at all. Since 2012 there are various 'big poker projects' about to launch. We chose to do this IPO now as we believe now is the right time to do it. It will give us the time for the preparation to the new software client and get our tech team together to work on it, before it's released in December. I wish to combine this with my vision to create the first community owned pokersite ever and I would need at least a month to get all the software in place, plus a talented coder.
You guys are unreal, I usually just lurk but this hit a nerve.
The fact that not all the tables have bad-beat-jackpot does not explain why the generated number is just 1.4 bitcoins, we are talking about months and you stated to your potential investors that you generate 2.5 to 4 btc in rake each day.
That number is so absurd, I'ts an obvious lie.
Just imagine, that amount of rake each day, what volume of deposits you would have to get.. Take the most generous number ever, around 10btc. PLEASE POST YOUR WALLET ADDRESS so everyone can see and validate themselves if your words hold up.
And as "addi" correctly pointed out, the amount of active tables running would be an considerable amount.. please post some graphs or documentation from your cms system (if there is one)
And you write above:
" It will give us the time for the preparation to the new software client and get our tech team together to work on it, before it's released in December."
while in your own forum thread you wrote just a few hours ago that the plan is to buy the software from a company called Enterra.. so Which is it? Or perhaps you are Enterra? and how on earth will this new software be ready by December, its a couple months..
It just doesn't hold up, even the amounts you are asking, for a fraction, if anyone wanted they could probably buy a software license themselves, buy a .org domain and throw together a template webpage with stock images and probably do a better job at it...
You guys should be banned
First of all, this might be the biggest overvaluation in the history of all valuations I've ever seen. The site hardly gets any traffic whatsoever and the little action there is, is freeroll action. Letsbehonestfor1second.
OP even blatantly lies in the post above where he says:
-The site has a Bad-beat-jackpot counter that has barely moved since the sites inceptions, its only +1.4 bitcoins. (10bitcoin manually added day1) How can that be with up to 4bitcoin in rake&fees a day? Please explain. This just appears like another lie/halftruth I've come across by you guys.
Also the timing is very peculiar as it is well know that a large poker project is announcing its presence with a Beta in a few weeks.. Are you guys aware? the timing might definitely suggest so... Not only that, Seals is also planning a new software release in a couple months... Maybe that would be relevant to mention to your investors??
OP even blatantly lies in the post above where he says:
And you're basing your valuation on what revenue and profitability numbers?
For over 2 months we have been averaging between 2.5 and 4 btc per day in rake and tournament fees. With this investment we can purchase superior software and grow to become a top5 pokersite. -The site has a Bad-beat-jackpot counter that has barely moved since the sites inceptions, its only +1.4 bitcoins. (10bitcoin manually added day1) How can that be with up to 4bitcoin in rake&fees a day? Please explain. This just appears like another lie/halftruth I've come across by you guys.
Also the timing is very peculiar as it is well know that a large poker project is announcing its presence with a Beta in a few weeks.. Are you guys aware? the timing might definitely suggest so... Not only that, Seals is also planning a new software release in a couple months... Maybe that would be relevant to mention to your investors??
Re: Membergroups; or: Why do some users get colored coins under their names?
What does a person have to do to be labeled a scammer? Do they actually have to scam or is that just what was chosen for the warning system?
Was wondering the exact same thing right about now...
There will always be psychological barriers..we don't know what to do with total freedom...we need barriers and reasons to keep comparing ourselves with others...ohh, the power of the crowd
