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Topic: [Chain Game] Coin Controller ~~ easy to play, provably fair! (Read 5846 times)

full member
Activity: 220
Merit: 100
You know, I should have bet money that you were going to saying something about me "crying to the moderators". How predictable.

https://coincontroller.com/how-to-play#fair

do you not have eyes? Tell me which part sounds like its not fair to you and I will give you an answer. if you are right and its not then I will change the algorithm so it is. What part of this dont you get?
mem
hero member
Activity: 644
Merit: 501
Herp Derp PTY LTD
ugh, this is getting silly. Could really use a mod to back me up here, this is pretty blatantly retarded. Nice going spamming the forums, I hope it just drives some more traffic to my site.

cant back up your claims of provably fair so you go running to a moderator ?
Pretty pathetic for a casino operator.

All you have to do is explain how you are "Provably Fair" or admit you were mistaken (more likely a scammer) and stop claiming "Provably Fair".
full member
Activity: 220
Merit: 100
ugh, this is getting silly. Could really use a mod to back me up here, this is pretty blatantly retarded. Nice going spamming the forums, I hope it just drives some more traffic to my site.
mem
hero member
Activity: 644
Merit: 501
Herp Derp PTY LTD
ITS A SCAAAAAAAAAM

ITS A SCAAAAAAAAAM

ITS A SCAAAAAAAAAM
mem
hero member
Activity: 644
Merit: 501
Herp Derp PTY LTD
well done you have prompted me to create a list of chaingames & pyramid scams:

https://bitcointalksearch.org/topic/m.5885341

and your the first scammer listed - kudos.

lol alright man, great to know you are one of the ones contributing to making this community the overall shit hole that it is. great job. Nice investigative skills

lol, the scammer attacks the reviewer for his bad review.

Anyway, here is the scammer revealed in all his repulsiveness:

The onus is on you to bear the proof man

His provably fair claims are dismissed due to being quite obviously not provable fair (see thread here for a very clear example: https://bitcointalksearch.org/topic/fucking-pyramind-chaingames-the-idiots-that-buy-into-them-list-of-shills-529547 ) so then he insists the burden of proof is on me.

Its quite simple folks, if you cannot prove its fair it is not "provably fair". Its not a case of throwing a little tantrum like SlickTheDick  here is - you back up your claims or STFU.
full member
Activity: 220
Merit: 100
well done you have prompted me to create a list of chaingames & pyramid scams:

https://bitcointalksearch.org/topic/m.5885341

and your the first scammer listed - kudos.

lol alright man, great to know you are one of the ones contributing to making this community the overall shit hole that it is. great job. Nice investigative skills
mem
hero member
Activity: 644
Merit: 501
Herp Derp PTY LTD
well done you have prompted me to create a list of chaingames & pyramid scams:

https://bitcointalksearch.org/topic/m.5885341

and your the first scammer listed - kudos.
full member
Activity: 220
Merit: 100
trolls gonna troll I guess. You have made absolutely zero argument as to how my method of processing bets and the system in general is unfair. "just by how the rules work" lol are you joking?

If you look earlier in this thread you will see actual legitimate concerns on the betting algorithm, which has since been addressed and no one has confronted me once since about a flaw that makes it provably un-fair. Im all ears if you actually have a real concern. All you are saying is a bunch of bullshit gibberish about turds that makes no sense.

mem
hero member
Activity: 644
Merit: 501
Herp Derp PTY LTD
Thank you for confirming you are operating a scam.

1) You can by 1 magnificent turd for 0.01 BTC, look at how the stink lines rise and  the flies hover. 
2) Derp derp derpity do, you just gave us money, now the turd stinks even more and costs 0.02 BTC for the next sucker to buy it.
3) Oh no, where you the only last human to play this game (all other bets are run by bots controlled by site owner).
4) Oh noooooo, the timer reset no human player with a working brain wants to buy your turd but it was busy day of bots players pushing the price up it magically stopped with you.

ITS A SCAAAAAAAAAM

This site is likely a scam, the game is PROVABLY UNFAIR just by how the rules work.
full member
Activity: 220
Merit: 100
this game and all chain games are not provably fair.

This game is basically a scam, it is not considered gambling.
The results you see are provable yes, but the game is not provably fair.

Basically these scams work like so:

1) You can by 1 magnificent turd for 0.01 BTC, look at how the stink lines rise and  the flies hover. 
2) Derp derp derpity do, you just gave us money, now the turd stinks even more and costs 0.02 BTC for the next sucker to buy it.
3) Oh no, where you the only last human to play this game (all other bets are run by bots controlled by site owner).
4) Oh noooooo, the timer reset - after a busy day of bots players pushing the price up it magically stopped with you.



im going to guess you did not bother reading up anything on how the site works at all? Your argument says absolutely nothing. All money that is sent to the site with the exception of the money played first in the chain is immediately paid out to whoever the previous player was. Even on the first turn, the money is either refunded if no one ends up playing after X amount of time, or it ends up getting paid out. Yes, I do take a cut out of the money that gets passed back and forth, but if I didnt then what would be the point in running the website? Half of that cut is also used to pay affiliate advertisers and fund the jackpot.

There is no timer that resets. If you start a game off and no one plays, you get your money back. If someone else does play and the chain is started, and then everyone stops playing for multiple days, then all that happens is your bet value is lowered a bit every 12 hours until somebody buys in again, so you will always get at least something back.

The game can be randomly reset by your bet though (which is the part that is provably fair), which is where the gambling aspect comes in to play (besides hoping someone else will buy in). Otherwise the prices would just keep going up and it would grind to a halt.

Or in other words...

THIS GUY HAS NO IDEA WHAT HE IS TALKING ABOUT AND MY TEXT IS BIGGER
mem
hero member
Activity: 644
Merit: 501
Herp Derp PTY LTD
this game and all chain games are not provably fair.

This game is basically a scam, it is not considered gambling.
The results you see are provable yes, but the game is not provably fair.

Basically these scams work like so:

1) You can by 1 magnificent turd for 0.01 BTC, look at how the stink lines rise and  the flies hover. 
2) Derp derp derpity do, you just gave us money, now the turd stinks even more and costs 0.02 BTC for the next sucker to buy it.
3) Oh no, where you the only last human to play this game (all other bets are run by bots controlled by site owner).
4) Oh noooooo, the timer reset - after a busy day of bots players pushing the price up it magically stopped with you.

full member
Activity: 220
Merit: 100
BTC, CSC, DOGE and LTC games all active. things are picking up, come join in! Best method is to get a small group going on chat buying out coins from eachother
full member
Activity: 220
Merit: 100
Lots of Dogecoin players, very nice!
full member
Activity: 220
Merit: 100
Hello everyone

Finally got a site upgrade launched!

We are now accepting Bitcoins, Litecoins, Casino Coins and Dogecoins! The home page is now organized into different tabs based on which currency you want to use. 26 coins available to play now! There are also 2 new jackpots, one for Casino Coin (CSC) and one for Dogecoin (DOGE).

Check us out! Also any suggestions or issues with the site upgrade, im all ears.
hero member
Activity: 952
Merit: 513
full member
Activity: 220
Merit: 100
Ok I have now updated pretty much all the coins to a) have a lower chance to reset (less chance to straight up lose your money), and b) higher ROIs on most coins. Prices will go up quite a bit faster, but there will also be alot more profit made each time. For instance good luck coin now gives a  15% return on investment at a 1% chance to reset, instead of just a 2.5% return.

any feedback appreciated
legendary
Activity: 1526
Merit: 1034
If you made the ROI double of the reset chance I think that would be a really good idea. I haven't looked into the numbers myself but if you really do profit more when it doesn't reset I don't see a reason to not make the reset % at like 5 and the ROI at 25 or 30. If large increases from transaction to transaction is a problem you could decrease the profit house-end which would allow for more transactions and although you may not make as much in the short run it might actually be beneficial in the long run.
full member
Activity: 220
Merit: 100
what if the ROI on each coin was say like.. double the reset chance? so 10% reset chance would get you 20% return on your investment? Or maybe 15%?
full member
Activity: 220
Merit: 100
Well now I understand why the resets are in place, but the ratios for me are just too high. Why would anyone by the gold or silver coin? For example, the gold coin gives a %10 profit, but a 15% chance to lose your bet, I don't see why anyone would do that. Surely the reset percentage could be lowered, or I would even rather have a 24 hour window to resell my coin and lose my ENTIRE bet after that window is up. If you guys don't even make an extra profit from the reset trigger, I'm sure there can be a better way to keep the bets resetting every so often. without the aid of the reset trigger. Because for me, and probably many other people, the only reason why I'm not playing, is because the reset chance is just too scary for me.

fair enough. to be honest iv mostly just been playing around with the numbers to try and find what works best. Havnt changed it in a while though.

Any specific suggestions on what some of the reset / ROI ratios should be? Im open to changing them. Id love to get some people actually playing the diamond coin to, its the only one that has never been bought Cheesy
legendary
Activity: 1526
Merit: 1034
Well now I understand why the resets are in place, but the ratios for me are just too high. Why would anyone by the gold or silver coin? For example, the gold coin gives a %10 profit, but a 15% chance to lose your bet, I don't see why anyone would do that. Surely the reset percentage could be lowered, or I would even rather have a 24 hour window to resell my coin and lose my ENTIRE bet after that window is up. If you guys don't even make an extra profit from the reset trigger, I'm sure there can be a better way to keep the bets resetting every so often. without the aid of the reset trigger. Because for me, and probably many other people, the only reason why I'm not playing, is because the reset chance is just too scary for me.
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