Topic: Bit grenade (Read 1662 times)
I've made thousands of various coins playing bit grenade. Im at the top of the pyriamid
I've been playing with it for a few days and so far every payment has been processed perfectly.
The site does have a "house edge" in the sense that prices escalate faster than profit payouts.
That said, the house edge can be overcome by smart play. It is essentially a game of "hot potato", not dissimilar to the stock market, where everyone bids up values for profit and eventually someone is left holding the bag.
The bag holders are going to scream "SCAM!" but, of course, that is part of the game. If you're the last guy at the end of the profit chain and your grenade blows up all you get is the consolation prize
The site does have a "house edge" in the sense that prices escalate faster than profit payouts.
That said, the house edge can be overcome by smart play. It is essentially a game of "hot potato", not dissimilar to the stock market, where everyone bids up values for profit and eventually someone is left holding the bag.
The bag holders are going to scream "SCAM!" but, of course, that is part of the game. If you're the last guy at the end of the profit chain and your grenade blows up all you get is the consolation prize
BTW, does anyone know the odds involved in this kind of "Chain Game" / "Hot Potato" games?
I mean: at least an estimation about the gambler's odds and the house's odds.
It seems that game is not 50/50, right?
Is it, at least, +EV (positive expected value) for the gambler?
Is there any documentation about that topic around?
Maybe that could be included in the FAQ section of Bit Grenade.
I've been playing with it for a few days and so far every payment has been processed perfectly.
The site does have a "house edge" in the sense that prices escalate faster than profit payouts.
That said, the house edge can be overcome by smart play. It is essentially a game of "hot potato", not dissimilar to the stock market, where everyone bids up values for profit and eventually someone is left holding the bag.
The bag holders are going to scream "SCAM!" but, of course, that is part of the game. If you're the last guy at the end of the profit chain and your grenade blows up all you get is the consolation prize
The site does have a "house edge" in the sense that prices escalate faster than profit payouts.
That said, the house edge can be overcome by smart play. It is essentially a game of "hot potato", not dissimilar to the stock market, where everyone bids up values for profit and eventually someone is left holding the bag.
The bag holders are going to scream "SCAM!" but, of course, that is part of the game. If you're the last guy at the end of the profit chain and your grenade blows up all you get is the consolation prize
It's a scam guys. stop making these threads. Do a little search if you dont beleive me
The site is a scam, or the concept?
It's a scam guys. stop making these threads. Do a little search if you dont beleive me
I "invested" some of my near limitless WDC supplies. Nice to have something to do with these alt coins !
Great site I love it !
+1 for higher consolation prizes should be at least one 100% on the board for each coin
+1 for higher consolation prizes should be at least one 100% on the board for each coin
Yeah, good idea, or maybe fix the site profit at something like 5% and drop the rest into the consolation prize?
Great bidding wars going on right now for DGC grenades come join the fun!
http://www.bitgrenade.net/?coin_display=6
http://www.bitgrenade.net/?coin_display=6
Great site I love it !
+1 for higher consolation prizes should be at least one 100% on the board for each coin
+1 for higher consolation prizes should be at least one 100% on the board for each coin
Lol.. this looks like it could be a lot of fun.. unless you're the last one 
Wouldn't this work better if the consolation prizes were higher?
Wouldn't this work better if the consolation prizes were higher?
Great game, Thanks for adding powercoin.
haha great game
works really well with the speed of worldcoin too
works really well with the speed of worldcoin too
Ok I've been playing it with digitalcoin a number of times its fun but people are tooo conservative lol, I'd like to keep going but now I see where people tend to stop.
gonna give LTC grenade a shot.
Trying the site out now with Digitalcoin!
working with WLD as well, just wish more people would play it...seems it goes a few times and people give up, or just take early profit and dont keep passing it around.
Getting a dangerous warning title when I try to visit the page
Nah it's safe 100%. I use it and a lot other do
I beg to differ
Or maybe your getting a false positive. Because I don't either and if you have "a lot of security" or multiple programs one may give you a false positive.
I am going to spend some goldcoins on the game. I love the game.
Me too:) GLDCoins ftw!
Getting a dangerous warning title when I try to visit the page
Nah it's safe 100%. I use it and a lot other do
I beg to differ
Getting a dangerous warning title when I try to visit the page
Nah it's safe 100%. I use it and a lot other do
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