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Board Gambling
Re: DiceBitco.in - New Thread to Discuss
by
smalltimer50
on 09/09/2014, 12:10:51 UTC
I still can't believe Dooglus and others actually believe that Matteo could have been a legitimate whale. Are you kidding me? Just the math + the timing alone is 99% of the proof you need. People are going to let Manl get away with stealing 600 + BTC. He decided to only steal from the pooled amount of smaller investors cause he thought he could get away with it (and judging by the responses in this thread, he is). Stealing from one of the 250+ BTC individual investors earlier would have put too much heat on his back.

Let me ask you this: Why the hell would a whale go to dicebitco.in during the first 12 hours of a massive scandal and bet 45,000+ BTC in 24 hours. Are you guys that naive?


   
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Board Gambling
Re: DiceBitco.in - New Thread to Discuss
by
smalltimer50
on 08/09/2014, 22:24:20 UTC
So right now, there is about 610 BTC that was stolen via manl's alt account matteo (profit went from +280 to -330 in less than 24 hours!!). That's pretty serious. The majority of investors who left coins on the site haven't checked the site in 24 hours and they will be in for a shock. I really feel bad for them. These are the true victims -- they were a huge portion of the small bankroll when "matteo" starting betting and are totally (90% or so) wiped out.

My theory: Manl wanted to slowly siphon bitcoin but did in an unbelievable brazen and stupid way (Maybe he got impatient? I can't explain why he would do it in such an obvious way -- stupidity I guess. He was probably losing patience on how little the site was making and how much profit he could skim each day.). When he was caught his whole plan unravelled and instead of running off with the whole bankroll (which would put a MASSIVE target on his back) he allowed the majority of investors to get their coins out. Seems like he is going to make out with 600-1000 BTC from the scam which is unbelievable. He didn't think he could get away with stealing 7000 btc but has the audacity to think he can steal 600-1000 BTC.

The sad part is people actually believe some parts of his story. Come on people... By the way, for fun can someone explain the math of how monstrously improbable Matteo's run of "luck" (fraud) was?



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Board Gambling
Re: DiceBitco.in | BE THE BANK ! | 1% House Edge | 7500+ BTC BANKROLL | INSTANT!
by
smalltimer50
on 08/09/2014, 01:01:42 UTC
Scary part is there is still 3620 in the cold wallet. No one is getting their BTC out it seems... I feel really bad for the people who didn't see this until now. Can anyone verify a recent (past hour) withdrawal? (I doubt it).

Looks like we're gonna have a Mark Karpeles style leak in the cold wallet soon.  Undecided

EDIT: as I say that 2000 btc gets withdrawn...

Im STILL processing withdrawals. What is wrong with you people??

HW needs refill. Please wait till it hits it.

Why don't you halt betting?
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Board Gambling
Re: DiceBitco.in | BE THE BANK ! | 1% House Edge | 7500+ BTC BANKROLL | INSTANT!
by
smalltimer50
on 08/09/2014, 00:56:41 UTC
Scary part is there is still 3620 in the cold wallet. No one is getting their BTC out it seems... I feel really bad for the people who didn't see this until now. Can anyone verify a recent (past hour) withdrawal? (I doubt it).

Looks like we're gonna have a Mark Karpeles style leak in the cold wallet soon.  Undecided

EDIT: as I say that 2000 btc gets withdrawn...
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Board Gambling
Re: DiceBitco.in | BE THE BANK ! | 1% House Edge | 7500+ BTC BANKROLL | INSTANT!
by
smalltimer50
on 08/09/2014, 00:46:46 UTC
https://bitcointalk.org/index.php?topic=774120.0

Site profit now at 161 BTC. go withdraw asap.

If you still can... anyone have a recent withdrawal (large one?). I doubt it.
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Board Gambling
Re: DiceBitco.in | BE THE BANK ! | 1% House Edge | 7500+ BTC BANKROLL | INSTANT!
by
smalltimer50
on 08/09/2014, 00:43:58 UTC
WOW! There is still 3620 in the hot wallet and only 1572 "invested" in the bankroll. Why so slow on refilling the hot wallet Manl? And now he is stealing BTC betting with the server seed... holy shit....  
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Board Gambling
Re: DiceBitco.in | BE THE BANK ! | 1% House Edge | 7500+ BTC BANKROLL | INSTANT!
by
smalltimer50
on 08/09/2014, 00:09:03 UTC
Just to point out. The rolls started being fair soon after I posted about them on PRC and DB. And I figured the site devs had read the chart and fixed the bug. If this was the case, then clearly manl knew the reason behind that happening and was able to fix it immediately.

Or the mystery employee saw you talking about it and turned your doomswitch off...

I asked the dice.ninja admin when the chat about not having any other developers happened:

16:32 dmf 1 1409885702
16:32 dooglus 176 thanks
16:32 dooglus 176 that's Thu Sep 4 19:55:02 2014 Pacific

So getting on for 70 hours ago.

Manl, why don't you respond to this? You magically forgot you had a new hire 70 hours earlier? Give me a break.  Roll Eyes
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Board Gambling
Re: DiceBitco.in | BE THE BANK ! | 1% House Edge | 7500+ BTC BANKROLL | INSTANT!
by
smalltimer50
on 08/09/2014, 00:01:13 UTC

One user asked for a screenshot of the code that introduced this. Well here it is: http://imgur.com/bATFWPI



Now im not sure if this really means anything, but if you view the exif data on that picture this is the date it was taken "2014:06:04 11:26:39" So that picture was taken about 3 months ago. But somehow you just recently found the code?

Oh boy, can someone verify this? Ouch.
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Board Gambling
Re: DiceBitco.in | BE THE BANK ! | 1% House Edge | 7500+ BTC BANKROLL | INSTANT!
by
smalltimer50
on 07/09/2014, 21:12:37 UTC
What is the earliest someone detected a skipped nounce on a string of their bets? When was this "employee" (yeah right) hired?

The thing that I'm trying to wrap my head around is why didn't the site owner just steal undetectably by just knowing the server seeds? Is this just pure stupidity and boldness in trying to skim the profits? I'd love some more theories.

Last statement: Even if this story is 100% true (newsflash: it is not) the site owner is a complete idiot for letting a days old "employee" let code go live without checking the code. At BEST the site owner does not know how to run a business and is completely reckless. Another day in Bitcoin scam land.

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Board Gambling
Re: DiceBitco.in | BE THE BANK ! | 1% House Edge | 7500+ BTC BANKROLL | INSTANT!
by
smalltimer50
on 07/09/2014, 19:16:44 UTC
I wonder, if you do use any SCM (git, svn..), how any of you developer worked on that project? Because it's a red alert when most important code has been changed?

How this could ever happen? You just hire someone, give access to the server or code, and forget about it? Don't you have at least some(any, one?) security protocols?

If, I imagine you didn't and any guy has access to the server and code, why he did such stupid thing? Why not just add something to show the server seed, or set it from front-end?

I'm not pointing at anyone one, but I just don't get it.

Yes, can you explain this manl? This site held 3.5 million ++ at its peak and some random new hire can completely fuck with the code? That doesn't make any sense at all...
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Re: DiceBitco.in | BE THE BANK ! | 1% House Edge | 7500+ BTC BANKROLL | INSTANT!
by
smalltimer50
on 07/09/2014, 19:03:21 UTC
We finally found what caused this "issue". We are in a very difficult position here because this indeed has been done deliberately.

4 weeks ago we started interviewing engineers in order to have one join our team (because we had so many features / fixes that we needed to implement). The interviewing process took about 1 week and we settled for one guy with pretty good knowledge of our technology stack.

This "dude" (he used to say all the time) had accomplished to commit code into production that DID SKIP WINNING BETS on specified accounts. When he wanted to "alter" an account he added a field that flagged the account and made it skip winning rolls with maximum skips = 1.

The agreement was that he would get a % cut from our shared profit (commission from investments) that pretty much explains why he could do this.

We currently do not know the extent of the damage that this guy has done to us and only time will tell. We are working really REALLY hard in order to deliver what you are enjoying at Dicebitco.in and what this guy has done to us just makes us wonder why. Well we do not blame this scumbag only, we put most of this on us and we take full responsibility, because we failed to review the code as we supposed to (not relying only on passing tests - as we had no test for this scenario).

We are looking to find all the accounts that have been affected by this (we have found some: Focus, James, marie_lemke, finnile), but in the meantime we are calling all the users that have lost bitcoins to verify their bets and if even only one bet has been skipped we will refund their deposit up to one satoshi. We want to make clear that every refund WILL NOT AFFECT INVESTORS as we decided to pay this from our pocket Cry.

And to all those people accusing us: Don't you think if we were scammers, NOW it would be the best time for us to take the bankroll and run? Well the answer is that we are NOT. We worked hard for this and we certainly do not want to end like that. Go into gamblers' logic: You lose. Wouldnt be checking that your rolls are fair be the first thing to do?

One user asked for a screenshot of the code that introduced this. Well here it is: http://imgur.com/bATFWPI

For the time being you can use this verifier: http://rgbkey.github.io/just-dice/ in order to generate a sequence of rolls (just omit the first 2 input boxes)




I lolled.

http://i.imgur.com/SJvuc1Q.png

When was this picture taken? I assume this week? If so, that is very damning and puts a nail the coffin.
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Re: DiceBitco.in | BE THE BANK ! | 1% House Edge | 7500+ BTC BANKROLL | INSTANT!
by
smalltimer50
on 07/09/2014, 18:42:36 UTC
I was sceptical of site when Dooglus offered a position in a multi-sig wallet / verifying the server seeds (something like that, I'm not technically minded) and the site owner DECLINED. Why would he have done that? The site's brand equity would have sky-rocketed! Now you have a site where no one will play... the damage is done, "bug" or not not.



 
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Re: DiceBitco.in | BE THE BANK ! | 1% House Edge | 4000+ BTC BANKROLL | INSTANT!
by
smalltimer50
on 27/08/2014, 01:58:48 UTC
I get sick just looking at that. That is NOT worth the risk... Jesus!
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Board Gambling
Re: DiceBitco.in | BE THE BANK ! | 1% House Edge | 2000+ BTC BANKROLL | INSTANT!
by
smalltimer50
on 14/08/2014, 23:05:02 UTC
There is another way to view leveraged investing. It allows an investor to keep most of his invested funds under his own control. Let's say he wants to invest 10 BTC but feels the risk of hackers or the owners runningoff with the money is o high, then he can "borrow" 9BTC and deposit only one. It's not really leverage in this case. Just risk management.

Hmm, that's a good point and interesting way to look at it. I much rather have 1 btc at the site than 10!
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Re: DiceBitco.in | BE THE BANK ! | 1% House Edge | 2000+ BTC BANKROLL | INSTANT!
by
smalltimer50
on 14/08/2014, 00:47:41 UTC
Why on earth would they not be interested?

Can we get an explanation from the owners please?

They replied, saying they already had a multi sig cold wallet., but didn't really acknowledge the "roll server" idea at all.

Maybe I should try again.

I don't think the multisignature is something I would agreed to if I would be in DiceBitcoi.in shoes, but until Dooglus is somehow officialy enroled in the site I'm *not* investing in it. This way they are just piggy-backing on his name, giving him a "crown". The "roll server" is an excellent idea, get Dooglus officially involved, doesn't matter what the deal is between you internally, and you'll get the trust of the whole community. Otherwise, just you wait until Dooglus bring some form of the JD from death, you'll see your capital flying there in no time.

we never piggy-backed on anyones' back Smiley so all peoples. suggestion is'if its not dooglus inside, its scam'? doodlus of course  proved his 'both quality and reputation. but how someone else then achieves that? as i get it, if we get dooglus having BOTH and cold wallet AND rolls, we are trustworthy. we are trustworthy for what???  thats the point i miss. how we get reputation with zero responsibilities? whats the difference with jd then or how it can become jd successor - if by those things dooglus runs it? whats the difference from JD then, apart from the UI ? i think the way you word things its very unfair for us and all the hard work we put till today, in all our projects . Feel free to invest or not, but no matter what you do, plasse do keep an eye for us and re-evaluate us in the future. i really do think we deserve that Smiley !

Regards

Let's put it this way. 99% of bitcoin investments are scams. People are just being cautious -- and rightfully so. Dooglus had quite a reputation before he started justdice. Trust takes YEARS to build. The fact that you already have 3k BTC in the bankroll shows how reckless people are with their BTC!

Having a simple partnership with Dooglus (where he is involved in a multi-sig cold wallet) would be enormously beneficial for you. You would literally increase the bankroll by 5X or so overnight and create confidence for people to play and invest at the site. I am would be EXTREMELY sceptical if you would not even consider that business relationship. If you planned on running the site legitimately with Dooglus the amount of BTC you could potentially make would be staggering in the long run. To me, its like Bill Gates going to a local start-up and them shunning his advice and investment (yes, Dooglus's reputation is worth quite a bit, even though he is not being paid). I'd strongly suggest you reconsider if you plan on running a long-term successful dice site.

Until then I am warning people to not invest a large portion of their bitcoin holdings in this site. I don't have any reason to doubt the owner yet, it is just good practice. You can look at the graveyard of Bitcoin investments / scams that have occurred in the past to get a sample of a potential future outcome!

Cheers!
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Re: DiceBitco.in | BE THE BANK ! | 1% House Edge | 2000+ BTC BANKROLL | INSTANT!
by
smalltimer50
on 11/08/2014, 02:03:19 UTC
Great site. Keep being responsive and honest and you'll grow and grow. Good stuff!
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Board Mining (Altcoins)
Re: Claymore XMR/QCN/FCN/BCN GPU Miner v5.1
by
smalltimer50
on 20/07/2014, 02:10:05 UTC
Anyone have some information on power consumption (with the latest claymore miner) compared to my rig running x11? Don't have a kill-a-watt to check my power consumption. Thanks!
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Board Pools (Altcoins)
Re: [POOL][Scrypt][Scrypt-N][X11][X13] Profit switching pool - wafflepool.com
by
smalltimer50
on 19/07/2014, 22:17:29 UTC
Man, love the pool. Thank god I don't have to download all these wallets for these junk coins... I mean wtf is concealcoin, people actually buy this garbage? :/ There is a reason this is the number 1 x11 pool now!

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Board Announcements (Altcoins)
Re: [ANN][RDD] Reddcoin - The Social Currency! New algorithm Proof-of-Stake-Velocity
by
smalltimer50
on 19/07/2014, 13:59:20 UTC
Just a massive pump and dump -- it was amazingly obvious for the past week. You think all that buying was genuine demand? 
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Board Pools (Altcoins)
Re: [POOL][Scrypt][Scrypt-N] Profit switching pool - wafflepool.com
by
smalltimer50
on 23/06/2014, 01:25:03 UTC
Profitability is through the roof on x11... holy shit. How long you think this will last? Feeling pretty good right now about not selling my GPUS!  Grin