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Topic: HungerCoins Lottery. Turn 0.01 into 500 bitcoins. (Read 2614 times)

newbie
Activity: 28
Merit: 0
September 03, 2012, 04:50:46 AM
#11
Started a general discussion thread entitled:
 HungerCoins: sustainable or not?
https://bitcointalksearch.org/topic/hungercoins-sustainable-or-not-105578
newbie
Activity: 28
Merit: 0
If anybody is interested in a lottery that pays 5,000 BTC jackpot for 0.10 BTC per bet, please let me know.
Can I bet on every possibility for under 5kBTC?

You can't. I'm thinking 5k, 500, 50, 5, 0.5, payouts depending on how many digits you hit.
legendary
Activity: 2576
Merit: 1186
If anybody is interested in a lottery that pays 5,000 BTC jackpot for 0.10 BTC per bet, please let me know.
Can I bet on every possibility for under 5kBTC?
newbie
Activity: 28
Merit: 0
If anybody is interested in a lottery that pays 5,000 BTC jackpot for 0.10 BTC per bet, please let me know.
legendary
Activity: 2576
Merit: 1186
Please stop creating DDoS attacks on the Bitcoin network.
I wouldn't consider 0.00001% of the transaction volume of credit cards, a DDoS attack, it's more of a stress test, to make the network more mature.
0.00001% transaction volume from 0.0000000000000001% of usage is a DDoS attack, yes. And "stress tests" don't make the network more mature, development and adoption does that.

If bitcoin can't handle these, then it is not ready.
It's not ready. Nobody (involved in development) pretends it is. People merely abusing it doesn't help at all.
hero member
Activity: 812
Merit: 1006
Please stop creating DDoS attacks on the Bitcoin network.

LOL, it is impossible to prevent these happening. At least asking the service providers from running them is probably very ineffective. If bitcoin can't handle these, then it is not ready.
legendary
Activity: 1806
Merit: 1003
Please stop creating DDoS attacks on the Bitcoin network.

I wouldn't consider 0.00001% of the transaction volume of credit cards, a DDoS attack, it's more of a stress test, to make the network more mature.
legendary
Activity: 2576
Merit: 1186
Please stop creating DDoS attacks on the Bitcoin network.
How bad is it?
100 times worse than if you let people send 1 BTC to make 100 bets instead of flooding the network with 100x 0.01 BTC transactions.
newbie
Activity: 28
Merit: 0
Please stop creating DDoS attacks on the Bitcoin network.

How bad is it?
legendary
Activity: 2576
Merit: 1186
Please stop creating DDoS attacks on the Bitcoin network.
newbie
Activity: 28
Merit: 0
HungerCoins Lottery: Turn 0.01 to 500

How does it work?

Just send 0.01 bitcoins to this address: 1KctshVz5GXke3PoXZr9dge1M8LhoNarP9. Think of your transaction hash as your ticket. When this transaction is included in a block, think of the block hash as the raffle outcome. There are 5 possible outcomes:

Case 1: If the last 5 digits of the block hash is equal to the last 5 digits of the transaction hash we will send you 500 bitcoins.

Case 2: If the last 4 digits of the block hash is equal to the last 4 digits of the transaction hash we will send you 50 bitcoins.

Case 3: If the last 3 digits of the block hash is equal to the last 3 digits of the transaction hash we will send you 5 bitcoins.

Case 4: If the last 2 digits of the block hash is equal to the last 2 digits of the transaction hash we will send you 0.5 bitcoins.

Case 5: If the last digit of the block hash is equal to the last digit of the transaction hash we will send you 0.05 bitcoins.

Invalid Transactions

If you send an amount not equal to 0.01, it will be treated it as a donation.
Only one transaction hash per ticket. (One send per transaction only)

When will the winnings be sent?
As soon as the transaction is recorded in a block, payments will be sent immediately. Blockexplorer.com is the official datasource.

Where will the winnings be sent?
The first input address in the transaction information will be used as the return address.

******If you don't want to lose, you can bet here. https://bitcointalksearch.org/topic/hungercoins-invest-the-odds-are-ever-in-your-favor-104630
Think of this as our IPO to later provide winnings up to 5,000 or 50,000 bitcoins.
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