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Topic: Bitcoin Burn, the Goldfinger strategy - page 2. (Read 2895 times)

legendary
Activity: 1106
Merit: 1007
Hide your women
February 26, 2015, 05:42:39 AM
#4
Never really got into FF.  Maybe someone else can do that version. I was thinking of something more like a talent show of some kind.

Set up a contest for the best beartroll.


Grab voteburn.com put up a slick interface with the top contenders and select quotes scrolling under their avatar. Release the VoteBURN app so we can all destroy bitcoins on the go & the winning beartroll gets his prize in the currency he loves to hate.

You might have something there.

Part of the plan has to do with game theory. That's why contestants can vote for themselves. If someone spends 50 btc to win a 100 btc prize, they profit 50 btc, BUT if two or more contestants do the same thing, then (assuming voting by viewers is is equally split) one will have to spend more, then the first one will have to spend more to prevent his first 50 btc from being wasted, then the other(s) do too. This can go on far past the prize amount as people will compete to minimize losses as much as to maximize gains.

This is what happened with the X prize for the first commercial spaceship. The winner and several other teams each spent far more than the 10 million$ prize building the ships.

newbie
Activity: 6
Merit: 0
February 26, 2015, 04:50:37 AM
#3
and to get as many bitcoins as possible lost forever, making OUR bitcoins more valuable.
Lmao
legendary
Activity: 1106
Merit: 1007
Hide your women
February 26, 2015, 04:32:36 AM
#2
Bitcoin Fear Factor


Get LA Beast & Children of Poseidon to go head to head.



Never really got into FF.  Maybe someone else can do that version. I was thinking of something more like a talent show of some kind.
legendary
Activity: 1106
Merit: 1007
Hide your women
February 26, 2015, 03:51:31 AM
#1
it's night and it's slow so I'm going way off topic. I have an idea for a game show called BITCOIN BURN and we could put it on youtube or...something. The idea is that you have contestants competing at....something and the viewing audience votes for the winner, who then gets a prize.  but here's the catch:

You vote for your favorite contestant by sending bitcoins to an address with a lost key. Each contestant is assigned a different address and the one who gets the most money destroyed on their behalf wins the prize. Contestants can vote for themselves if they wish.
The idea of course is to prome bitcoin as a voting mechanism and to get as many bitcoins as possible lost forever, making OUR bitcoins more valuable.

So what I need is a good contest that's entertaining to watch, relatively inexpensive to produce, and wont get me sued or in prison. any ideas?
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