Quote from: PocketRocketsCasino on August 05, 2015, 12:41:14 PM

Hi, just seen this thread.

I understand the concerns and the questions here.

I have already explained many times why I am making these changes but will post again.

PRC is by far the most trusted Bitcoin dice site. Even though people could rightfully argue that Primedice is the fact is Stunna does not hold on to 5k Bitcoin of other peoples funds. I think that says a lot of how much trust the commity has in PRC.

There's always been people saying I would run with the money once it hits a certain amount. I guess that says a lot more about those people making these claims than it does me.

I have run PRC for over 2 years. Working every single day.

I could have run with the funds at any time.

A few days ago investment was higher than it is now. I disabled the investment button so no new investment could come in and no one could top up their current investment. If you divest now you will not be able to reinvest.

That would be odd behaviour for someone wanting to run with as much money as possible.

Also I stated that at the end of this week 10% of the current investment will be automatically divested and added to the users balance and they can cashout.

That's 477 Bitcoin that will leave the site that I could also have run with.

I will most likely then be removing 10% each week to further reduce the investment and eventually there will be a point where I am the only person funding the site. If PRC does not sell in this time. See this thread for details https://bitcointalk.org/index.php?topic=1043483.0

As quoted by allarmus from the main PRC thread here are some of the reasons for these changes:

Quote

There's a few reasons I limited the investment:
1) I don't want to hold on to 5k Bitcoin of other peoples money, as mentioned before.
2) I want PRC to bankroll 100% and have no investors but I think it's best to do it in smaller steps so as not to have drastic changes.
3) The biggest concern for potential buyers is "Will the site be as popular without investment", I can get data on that if I bankroll myself.

PRC has NOT been sold.
I would NEVER (and I've had offers) sell the site and leave the investors money in. That was well documented in the sale ad on the other thread.

If I was attempting an exit scam or anything malicious then these changes would not be happening and number 1 would be stupid to do.

The current setup is profitable for me and is risk free. There is no decline in PRC. The wagered and profit is increasing massively, far more than any other Bitcoin dice site. Despite what waterpile claims. Funny all these claims come from people who don't actually check facts/data.

However. I would rather risk my own funds instead of others. I would prefer to have far less invested in PRC that is my own funds than be responsible for $1 million of other peoples money.

Number 3 is part experiment. I have had a few good offers for the sale of PRC. People do keep trying to offer a lower price than what it is worth by using the claim that they think it won't be as successful without investors. I want to show that it would be by bankrolling myself.
That's a huge risk. The site could lose all traffic and then it wouldn't be worth much to a buyer let alone give me any profit.
That's a risk I am prepared to take.

Some offers have asked if they can keep the investment feature. If for some reason a buyer did enable this then that's their choice but there's absolutely no way that current investment funds would change over to a new owner.

As for investing in other sites.
It's obvious that a lot of the funds will move. I don't see that as a threat or a concern to the continued success of PRC.
I do urge anyone considering such a move to really do your research.
PRC has the most invested for a reason.
I could not vouch for any other BTC dice site. That does not mean they are not legit or safe though.
I predicted the last 3 large dice site scams before they happened and many poker sites too.

If this doesn't prove just how trustworthy PRC (me) is then there's no hope for anyone on this forum

Feel free to make your judgement after the current investors withdraw their 5k.

EDIT:
A few other points.
Yes PRC has effectively higher commission than other sites, 25% of profit long term, it also generates far more profit for investors than other sites and also the profit is 20% over the expected value meaning I personally have made far less than I should have.

Having no investors means I don't have to explain every large bet or winning player. Though it's usually trolls that post these accusations but still.

The site will still be provably fair when I bankroll it alone and so there's definitely still no cheating going on like some people think could happen.
Use logic here for a minute ok?
I could run now with 5k Bitcoin or
I could cheat a couple of Bitcoin off of a player when he bets against my own bankroll and risk no one ever playing again?

See how stupid these claims are? Wink

the funniest part is how in the entire thread is how no one accused you of cheating or scamming.

just quoting this, as your so adorable and can't delete it from your nazi thread

ah, how i miss btc jd, when we could invest in someone who wasn't autistic idiot

glenw

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