Someone could have enough coins left over from older days that betting tens of bitcoins at a given time is not an issue for them, if they feel like betting good for them and for bustabit's investors.

And they could still lose a lot of money with a series of smaller bets — as many do.

---

https://www.bustabit.com/faq/gambling-addiction

How is it misleading if it says right there in that Google snippet: "Assuming you trust the two [bustadice and auditor] not to collude".

Do you understand what provably fair means?  It means you do not have to trust individuals & you can self verify cheats.  It isn't "provable" if it relies on individuals. It's probably-fair (maybe).

Here are several quotes from RHavar:






Here is a quote from the Bustadice thread from Ryan tonight:

quoted, give me a minute

Edit #1:  You didn't type this?  

"Assuming you trust the two not to collude, investing becomes provably fair."

Edit #2:  I'm going to find the forum post as well.  Give me a few more minutes.  I have like 370 pages of past posts.

Edit #4:  You for sure typed this!  Thanks for that Bitcoin!  https://bt.irlbtc.com/view/2219681.msg50191132#msg50191132 I should have posted this one before #3.  (I went ahead and moved this one above #3)

Edit #3:  https://bt.irlbtc.com/view/2219681.msg50260031#msg50260031

Edit #5" https://bt.irlbtc.com/view/2897545.msg45335901#msg45335901

Edit #6: https://bt.irlbtc.com/view/2219681.msg22396650#msg22396650
#6 Quoted:

Edit #7:  https://i.imgur.com/P4STV89.png (picture from the homepage of Bustadice)


I believe I have "remotely" shown that you have claimed that BustaDice and/or BustaBit is provably-fair for investors when it is in fact not (see "Edit #4).

I could have sworn that you said in a thread after this one that you'd offer .1 BTC if I could show a link with Daniel stating investing was provably-fair... I don't see it anymore, however, Edit #6 & #7 shows that.

It seems like you owe me BTC at this point.  My bitcoin address is: bc1qwupmf3gc6ql8thl3eqmkce6uuur4prj4schw55

There isn't any diplomacy in misusing a word that inspires false confidence from investors.

Just say this:


Fix it, don't do it again and go on with life.  Simple.  

I'm not here to fight with you or cause any grief.  Just trying to maintain the integrity of the word "provably-fair".  I would hope you can respect that.

Edit: Maybe I was wrong about the claim in regards to BustaBit... the problem seems to be just on BustaDice... which is owned & operated by the same people regardless.  However, I will keep searching tomorrow.  I'm going to bed now and not cause you told me to! hehe It's all good Big Ry-dawg.

Sheesh Ryan... what happened to going to bed before you say something you regret?


17 minutes later...




I'm childishly abusing the trust system?!  *looks Ryan up and down* *bursts out laughing* lol! OK  

I left you & your associate neutral feedback in regard to something that you agree with:


and


and we had this talk back in March of this year too.


This is the second time I've had to call you or websites you're associated with out on misusing the term "provably-fair" in a fashion to give investors a false sense of security.  You bet your ass I left neutral feedback this time around.

I really don't think I'm abusing the trust system.  If anything, you are abusing the trust system, but I'm not mad at you.

Get some sleep, reconsider your feedback in the morning and send me that Bitcoin you owe me.  

I left you neutral feedback for absurd negative feedback you left me and I will leave you negative feedback tomorrow if you don't send that Bitcoin you owe me for me "remotely" showing that you personally have said investing is proveable-fair on y'alls site (Negative feedback will be left after midnight October 21, 2019).

Thanks, you probably should have just went to bed as you said.

Edit:  Ryan woke up and removed the negative feedback on his own prior to us using Dooglus as a third-party to settle the dispute in regards if Ryan owed me any BTC.

Double Edit: Dooglus ruled against me due to the fact I was unable to prove "both".  I've dropped my dispute.

Ryan has removed his negative feedback against me (lol fagggggggg).

Ryan has also opened an addition thread for this:  https://bt.irlbtc.com/view/5194451.msg52819518#msg52819518

I have pledged to donate 100% of the 1.1 BTC Ryan said he would give me if I could "remotely" prove that he stated investing was provably-fair.

I can not at this time.

Only for Bustadice.  Which I thought qualified as "remotely" with ease.

Edit:  I have posted that I concede as agreed. https://bt.irlbtc.com/view/5194451.msg52822895#msg52822895

Daniel RHavar does not owe me 1.1 BTC or 10 BTC.

gg

I said that on accident. (swear)

I meant "RHavar".  Updated.

Thank you for your time Dooglus.

Not quite. It's possible that the operator and the auditor both get hacked. Then the hacker could cheat the investors without the operator or auditor even knowing about it, let alone colluding.