kingcrimson
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Activity: 1025
Merit: 1000
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May 16, 2013, 08:05:17 AM |
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Disaster. How much will this kill the revenue and traffic. Pretty much destroyed the business.
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Stunna
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Activity: 3192
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Primedice.com, Stake.com
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May 16, 2013, 08:15:21 AM
Last edit: May 16, 2013, 08:52:26 AM by Stunna |
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Everyone should wait for confirmation of this before they come to these conclusions. Doesn't make sense to me that a PR rep would say this and not evorhees himself.
If someone phished the PR account they could have posted this info, bought up a ton of cheap shares then wait for shares to rise following an official statement.
At this point it is too early to sell whether it is real or fake.
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🏰 TradeFortress 🏰
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Activity: 1316
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May 16, 2013, 08:16:18 AM |
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Everyone should wait for confirmation of this before they come to these conclusions. Doesn't make sense to me that a PR rep would say this and not evorhees himself.
I agree, however it would be shoddy management if EV pissed off the PR rep or didn't tell the PR rep to take substantial security precautions. |
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Stunna
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Activity: 3192
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Primedice.com, Stake.com
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May 16, 2013, 08:52:57 AM |
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Everyone should wait for confirmation of this before they come to these conclusions. Doesn't make sense to me that a PR rep would say this and not evorhees himself.
I agree, however it would be shoddy management if EV pissed off the PR rep or didn't tell the PR rep to take substantial security precautions. Very true. |
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freedomno1
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Learning the troll avoidance button :)
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May 16, 2013, 10:52:10 AM |
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Yep I asked for confirmation as well and mailed him not alone I bet guess were waiting on that
Also if it was bad security that would be a ... too
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Believing in Bitcoins and it's ability to change the world
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solex
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Activity: 1078
Merit: 1007
100 satoshis -> ISO code
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May 16, 2013, 11:02:53 AM |
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The best way to limit legal risk for SatoshiDice, and thereby protect its stakeholders, is to block US players.
OK, but is it in any way possible to block US players? How can you even tell where a bet transaction comes from? You can block them from reading your website but I don't think you can block them from playing. Ah ha ha. Bitcoin is the SUPERMAN of currency! It can't be blocked by mere mortals. SatoshiDice can't block US customers any more than it can block customers who have red cars parked in their garage. |
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freedomno1
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Learning the troll avoidance button :)
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May 16, 2013, 11:09:19 AM |
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The best way to limit legal risk for SatoshiDice, and thereby protect its stakeholders, is to block US players.
OK, but is it in any way possible to block US players? How can you even tell where a bet transaction comes from? You can block them from reading your website but I don't think you can block them from playing. Ah ha ha. Bitcoin is the SUPERMAN of currency! It can't be blocked by mere mortals. SatoshiDice can't block US customers any more than it can block customers who have red cars parked in their garage. More I read the comments more my own suspicion that the account got hacked increases no other confirmations but the bitcointalk thread But waits too |
Believing in Bitcoins and it's ability to change the world
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🏰 TradeFortress 🏰
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May 16, 2013, 11:25:37 AM |
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SDICE PR confirmed on reddit.
Shame on Erik / PR rep for not using GPG keys.
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freedomno1
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Learning the troll avoidance button :)
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May 16, 2013, 11:32:41 AM |
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SDICE PR confirmed on reddit.
Shame on Erik / PR rep for not using GPG keys.
Ah thanks I trust fortress  Can you post the reddit url if you have it nvm found it http://www.reddit.com/r/Bitcoin/comments/1efmzy/satoshidice_announcement/Still waiting on ever but I believe it now they wouldn't use the same pass twice for the account I hope lol |
Believing in Bitcoins and it's ability to change the world
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circuitry
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May 16, 2013, 11:34:27 AM |
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But... SatoshiDice is an address-based business. You don't even need a homepage to bet, only a list of the bet's addresses. The current homepage only acts as a summary of stats and a commercial front.
It should be trivial to put an online list of addresses that serves as a quasi-perfect mirror.
Correct me if I'm wrong!
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🏰 TradeFortress 🏰
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May 16, 2013, 11:35:56 AM |
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freedomno1
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Learning the troll avoidance button :)
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May 16, 2013, 11:37:17 AM |
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Thanks for the double  Sorry edited mine haha |
Believing in Bitcoins and it's ability to change the world
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GMD1987
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May 16, 2013, 01:22:36 PM |
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Anyone looking to sell all or some of their shares? PM me for details
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freedomno1
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Learning the troll avoidance button :)
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May 16, 2013, 01:23:34 PM |
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Confirmed in main thread
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Believing in Bitcoins and it's ability to change the world
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odie158
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May 16, 2013, 03:50:15 PM |
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Site is still up in Oregon. Doesn't mean it won't be soon tho I suppose.
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evoorhees (OP)
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Activity: 1008
Merit: 1023
Democracy is the original 51% attack
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May 16, 2013, 04:37:01 PM |
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1) Leave US access open, continue collecting that revenue, and maintain exposure to tail-risk shut-down event.
or
2) Block US IP access to the website, and greatly reduce the catastrophic tail risk.
I understand the sentiment here is negative. I would encourage everyone involved in Bitcoin to start playing the long game, and I'll leave it at that.
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usagi
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Activity: 812
Merit: 1000
13
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May 16, 2013, 05:22:29 PM |
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1) Leave US access open, continue collecting that revenue, and maintain exposure to tail-risk shut-down event.
or
2) Block US IP access to the website, and greatly reduce the catastrophic tail risk.
I understand the sentiment here is negative. I would encourage everyone involved in Bitcoin to start playing the long game, and I'll leave it at that.
No I completely agree, this was necessary and playing the "long game" is indeed the best way to drive total adoption. In the long run, this actually makes S.DICE a more attractive investment by removing risk. Once the price falls to where it belongs (about a 90% haircut all-in-all, I wager, before staging a small recovery) I might think about throwing some serious money at it. There are still a lot of issues with the platform though, which need to be resolved. Kudos for taking a great first step though! I'll keep my eye on it. |
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Peter Lambert
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May 16, 2013, 05:25:47 PM |
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1) Leave US access open, continue collecting that revenue, and maintain exposure to tail-risk shut-down event.
or
2) Block US IP access to the website, and greatly reduce the catastrophic tail risk.
I understand the sentiment here is negative. I would encourage everyone involved in Bitcoin to start playing the long game, and I'll leave it at that.
If people in the US do not like this, then they should be working to get rid of the freedom-crushing laws which caused this action to be taken. |
Use CoinBR to trade bitcoin stocks: CoinBR.comThe best place for betting with bitcoin: BitBet.us |
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evoorhees (OP)
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Activity: 1008
Merit: 1023
Democracy is the original 51% attack
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May 16, 2013, 05:29:29 PM |
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1) Leave US access open, continue collecting that revenue, and maintain exposure to tail-risk shut-down event.
or
2) Block US IP access to the website, and greatly reduce the catastrophic tail risk.
I understand the sentiment here is negative. I would encourage everyone involved in Bitcoin to start playing the long game, and I'll leave it at that.
If people in the US do not like this, then they should be working to get rid of the freedom-crushing laws which caused this action to be taken. But Peter, America is the land of the free! |
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deadweasel
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May 16, 2013, 05:30:20 PM |
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1) Leave US access open, continue collecting that revenue, and maintain exposure to tail-risk shut-down event.
or
2) Block US IP access to the website, and greatly reduce the catastrophic tail risk.
I understand the sentiment here is negative. I would encourage everyone involved in Bitcoin to start playing the long game, and I'll leave it at that.
If people in the US do not like this, then they should be working to get rid of the freedom-crushing laws which caused this action to be taken. But Peter, America is the land of the free! We are free to use a proxy or VPN too. |
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