Topic: Bitcoin Trading Game (NEW IDEA) - page 3. (Read 2409 times)

Thanks for the suggestion.. There will defiantly be some sort of provable fair.. also some limitations to the maximum someone can invest to assure a fair chance to all users..

Any more suggestions im happy to hear.

Thanks

No I mean what's the difference between doing this via this game instead of just trading bitcoin on an exchange..

Anyway here are 2 suggestions;
1. Make a provably fair thing where players must react to shocks and stuff with some degree of variance (that'll be your house edge)
2. Make this a user-driven thing where players impact each other; but by doing that you're just going to eventually attract one whale that will eat up the other guys.

This is like trading any other instrument but this platform will give the smaller guys (us) a better change to make money.

This sounds exactly like trading bitcoin.

click below for more details about this project!!!
https://bitcointalksearch.org/topic/bitcoin-stock-market-gamemajortradingleagugecomstart-earning-free-btc-today-694396


Hi guys, Ive been thinking for a few days. Wouldn't it be fun if there was a bitcoin trading game which is based strictly on rumors/ chat rooms.

So the concept is there are about 20 different 'companies' to trade buy/sell and instead of big banks and hedge funds driving the price where ever they please it will be just the bitcoin community.

Pros:
There wont be any banks/ hedge funds trying to close your trade by going short or long (just like in real life)
Its a fun way to earn money
A lot more fair than the real stock market because your small investments will make the price move
All based on rumors word of mouth etc

Cons:
There aren't no real cons apart from those guys who strictly like the stock market, there arent any real stocks in the game.

Features
chat rooms
user friendly interface
Leaderboard competitions for the users who make the most in a week,
an aspect of provable fair to assure fairness
more to come..
new rooms (rumors and updates on companies will be posted there)
earnings reports (funds gained from fees will be pumped back into the system to help keep stocks volatile this will be on a weekly basis)

How do we make money
We will be making money from the fees we charge per trade. it will not be any higher than 0.5%(still to be discussed). The fee will also be pumped back into the site to help volatility.  


I will be updating this thread in the next couple of days. Would love to get some feedback on this new idea.

Thanks.