What is it?
Coin Controller is a Bitcoin "chain" game, based partly off of the popular "The Magnificent Bitcoin Gem" game which was around for a short while earlier this year. I have taken a similar idea, but improved it and taken it to the next level.
The Concept
- There are multiple "Coins" which can be "purchased" or "controlled" by players. Each coin works a little bit differently, and has a different starting price.
- When somebody takes control of a coin (ie, places a bet), they become the "owners" or "controllers" of that coin. This allows them to show a name, message and URL of their choice. But more importantly, it raises the price of the coin.
- When the next person takes control of the coin (for the increased rate), the previous player receives his/her full payment back, plus a profit
- The price continues to increase, until somebody triggers a random "reset" of the game. Whoever triggers the reset loses their bet (the guy before still gets his back), and the coin is now owned by nobody and returns to its original price. Each coin has a different chance to reset, 1% - 10%. This means that you have a 90% - 99% to get your money back plus a profit.
- Each successful payout adds to the jackpot. You have a 1% chance to win the jackpot on each turn, regardless if you reset the game or not
If no one takes control of the coin from you within 48 hours, and you were the first buyer, then you get a full refund back, minus a 0.0001 transaction fee. However, if the chain is already started and you are the last player holding the coin for a full 48 hours (ie, no one has bought it from you in 2 days) , then your bet is simply lost.The reasoning for this is explained on the site, and in another post.- Earn 20% of the profit on each bet placed by players referred by you with our affiliate program! See more here: https://coincontroller.com/affiliates
For more info and more details on how to play, see here: https://coincontroller.com/how-to-play
details on how it is provably fair are also in the above link.
Come check us out! https://coincontroller.com
RULE CHANGE : You no longer lose your bet after 48 hours of no new bets. Instead, after the 48 hours are up, the coins price (and your bet) are reduced by 20%, and then further reduced every 12 hours after, until the coin either reaches its starting value, or is bought out by somebody. Coins will now only ever reset if triggered by a bets lucky number.