the Gem is better, because you distribute the loss over several users rather than one huge loser.
I implemented a similar system, but gave better odds. It's not quite SatoshiDice, because you can influence the speed and play through social sharing.
I'm offering 1.1x payout at 97% odds, which is really the best you can find anywhere.
How much do you want for your site?
Topic: Bitcoin Gold may be for sale! (Site will inherit everything :) (Read 1557 times)
February 01, 2013, 02:35:56 AM
so there fee is 90%?
Sorry? 
February 01, 2013, 01:52:36 AM
so there fee is 90%?
February 01, 2013, 01:43:30 AM
how do you compare to satoshiDICE. also u said gem turned into satoshiDICE
satoshiDICE and this game is very different.With satoshiDICE, you have a XX% chance of getting YY. It's purely luck based.
This game is about guessing if someone will buy after you - if someone does, you get your profit! You only lose if nobody buys after you.
With Bitcoin Gem, let me quote you their FAQ page:
Quote
Technically speaking, your odds of making a 10% profit are 96.875%, assuming another buyer purchases the gem after you.
With Bitcoin gold:
Quote
Your odds of making a profit are 100%, assuming another buyer purchases the gold bar after you.
If you're interested feel free to PM me and we can talk
February 01, 2013, 12:06:18 AM
how do you compare to satoshiDICE. also u said gem turned into satoshiDICE
So is the object to not be the last person holding on to the gold bar? As long as someone keeps buying it, there aren't any losers correct?
Does the game ever reset back to the bar being worth 0btc?
1. Yes, if everyone buys it there won't be any losers.Does the game ever reset back to the bar being worth 0btc?
2. No, unlike Bitcoin Gem which is basically just satoshiDICE.
So is the object to not be the last person holding on to the gold bar? As long as someone keeps buying it, there aren't any losers correct?
Does the game ever reset back to the bar being worth 0btc?
Does the game ever reset back to the bar being worth 0btc?
Neat idea
link?
Bitcoin Gold, the only site of it's kind (after bitcoin gem shot itself in the foot by making them essentially satoshiDICE) may be for sale!
You will be able to earn significant amounts in fees depending on how high the top gem price is (it can easily be in the hundreds of BTCs, possibly thousands - there's a lot of high rollers in the bitcoin world), and you inherit the database / the bitcoin gold brand.
PM me your offers.
You will be able to earn significant amounts in fees depending on how high the top gem price is (it can easily be in the hundreds of BTCs, possibly thousands - there's a lot of high rollers in the bitcoin world), and you inherit the database / the bitcoin gold brand.
PM me your offers.
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