Primedice hit for $1m+ by hacker

In reality its probably more than that. People will often gamble until cleaned v.s. pulling out their money

 

That's already taken into consideration in the calculations of total amount bet. Nothing else matters, if u know the total amount bet and the house edge, u can calculate their profit by just multiplaying them together

 

$32M a day profit would mean they made over $11 Billion dollars last year, that would put them in the top 25 most profitable companies in THE ENTIRE WORLD. They aren't, you're wrong. =| =|

 

Don't argue with this guy, he works at a bank.

 

The sad part is he's serious.

 

How in gods name do you remember that?

Did i say something incorrect? Correct me if i'm wrong......

 

Wow that's a pretty big hit, crazy to think they let out that giant payout without realizing something was going on

 

Interesting story. I doubt there is really anything they can do to get their money back though from the hacker since it is bitcoin? If it is only 90 days to make that back its not too bad of a hit I guess.

 

Thought he was talking about RL lol.

 

The article said due to the anonymous nature of bitcoin, pursuing the hacker wasn't possible and people seem to be forgetting that there are other costs to running a website like primedice (like paying for sythe signatures lol) and I'm sure that they have investors who need to be paid, etc

 

Yeah that's why I said it would take 90 days of gross. They have a faucet that a lot of people try to exploit.

 

Guessing this is why they stopped the signature campaign. Oh well.

 

Your calculations are incorrect, they don't get anywhere near that volume. This story wouldn't have been such a big deal if they lost 1/34th of a daily earning.

 

Where is the fucking gun? RIP owners hopes and dreams

 

Hope they can rebuild after this, sadly that they could not realise it before

 

1 million dollars in bitcoins stolen.. damn that's unfortunate.

 

I used to watch Hufflepuff dice 12 btc on 3x payout every time and wondered how he got so lucky

 

Ouchhh...

Anyways, for those talking about profitability... Don't the counters on these websites include faucet bets? That's definitely going to make up a considerable portion of the counter. Just a thought.

 

Holy shit, that's a big amount of money right there! That will probably take a while to rebuild.

 

It really makes me wonder why they didn't invest more into better seeds. I wonder how much they drop into advertising. Then again, it seems like they just spent $1m on advertisement.