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Topic: HungerCoins 199K - page 2. (Read 2713 times)

sr. member
Activity: 434
Merit: 250
September 14, 2012, 01:28:44 PM
#6
I don't get how this is supposed to work. Which is probably why I've never broken the mid 130's on an IQ test.
hero member
Activity: 536
Merit: 500
September 14, 2012, 01:23:11 PM
#5
Is this guy trusted? Has anyone dealt with him before? Just being careful.
sr. member
Activity: 272
Merit: 250
September 14, 2012, 01:14:08 PM
#4
199BTC minimum prize pot? Thats a mighty big prize pot, especially if you only get 20BTC in bets from people.

Also, because people can publicly see all the bets that go to that address, its not the fairest of raffles/bets. It's like playing one of those count the pennies in the jar games and being able to physically count the pennies...?

Anyway, I may have a go... but I'll wait until just before the 199,000th block and then I can see everyone else's bets Smiley
legendary
Activity: 2940
Merit: 1330
September 14, 2012, 11:52:56 AM
#3
The winning bid must be the lowest unique bid up to the 199,000th block.

You should clarify whether bids in block 199k itself are counted.  i.e. is it "up to" or "up to and including" block 199k?
legendary
Activity: 2940
Merit: 1330
September 14, 2012, 11:51:21 AM
#2
If there are two bids of the same amount, both bids can not win.

I think a less ambiguous way of saying what you mean is:

"If there are two bids of the same amount, neither bids can win."

It might help to give an example:

"If we receive bids of 0.1 0.2 0.5 0.1 0.7 0.2 and 1.2 then the bid of 0.5 wins.  0.1 and 0.2 are lower, but both occur multiple times.  0.5 is the lowest *unique* bid".
newbie
Activity: 28
Merit: 0
September 14, 2012, 10:31:01 AM
#1
To celebrate the upcoming 199,000th block which will occur in less than 48 hours, we will run a bidding contest.
Send any amount which is a multiple of 0.1 BTC to this address:

199KqozwVRMNhYGnVx3g5EkiGAzRwWnM4c

and when the 199,000th block is published, we will choose one winner, the lowest unique bid. The prize will be the total bids sent less 2% as our rake.

All entries must be a multiple of 0.1 BTC. An entry of 0.10001 or 0.1999999 will still be considered as 0.1. Only one digit after the decimal point will be considered.

All entries sent after the 199,000th block will be considered as invalid and will be treated as a donation. It will not be included in the prize pool.

The minimum bid is 0.1 BTC, there is no maximum bid.
If there are two bids of the same amount, neither bids can win.
Example: if we receive bids of 0.1, 0.2, 0.5, 1.3, 0.2,  0.1, and 1.2 then the bid of 0.5 wins. 0.1 and 0.2 are lower, but both occur multiple times. 0.5, 1.3, 1.2 are all unique but the lowest is 0.5 so it wins.
The winning bid must be the lowest unique bid up to and including the 199,000th block.

If the total prize pool is less than 199BTC, we will add coins so that the winner will get 199BTC.

Please post your questions or clarifications. Good luck. Remember this is a strategy game.

We don't have time to automate this so the winner will be verified manually and will be sent the winnings shortly after the 199,000th block is published. Our official data source will still be blockexplorer.com.

The first input address of the send transaction will be used to send the winnings.
You can make multiple sends in one transaction. Each send/output will be treated as a single bet.
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