Lottery project - say what you think - page 2.

barrysty1e

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Quote from: ?? on ??

Quote from: barrysty1e on August 19, 2016, 12:15:35 AM

what would you guys think regarding a 'pot luck' btc mining pool, that waits until it has accrued 1-2btc (up for discussion), upon correct balance it then hires an appropriate amount of hashrate (8-12ph) and starts mining for a bitcoin block?
entirely possible and not even that difficult.
if a block is procured, the winnings can be split amongst those who contributed to renting the hashpower in the first place.

i still see solo.ckpool.org finding blocks with between 1-3ph a day; would be a neat project and i've already a bitcoind/stratum instance running.

Whats Lottery and Mining Pools matters? You're posted here only to show this link?

if you re-read my post, i've explained myself pretty clearly.

what link are you talking about? my sig? not even related.

Mesquito

member

Activity: 322

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I'm creative and work how you need for ETH and BTC

Quote from: Herbert2020 on August 18, 2016, 08:58:55 AM

Quote from: Mesquito on August 18, 2016, 01:42:32 AM

Hi. I don't know how do it with security and trust. Lets discuss about.
I have a ideia of a lottery project in which people bet 0.0015 to a scrow address, and weekly a lottery for choose a random winner from the donators and send 90% of lottery address balance.
Every week with a new address and a history. Too I'm planning a site for it and wanting know how do Bitmessages+PGP signs.
For this week my planned address will be 1LUCKpajTjE8d2HPDx7Z5awQ59PGKpCaxV
What you think about?
Lets discuss.

i wish you good luck but in the past, the lotteries never get any attentions here. i used to like playing the lottery but ever since i came to bitcointalk and seeing how poorly they are handled i gave up on the idea.

there are a couple of problems with your post and the lottery you are suggesting:
1) instead of posting your own BTC address you should have first talked with a trusted escrow and in case someone accepted used his BTC address and asked him to sign a message and post it here for you.
2) you have not said an i think you have no idea about picking the winner provably fair. and that is why your idea will fail to attract any attention.
3) and i still think even 10% for the house that really doesn't do anything is a bit high.

1) I offer design services with Mesquito account in this forum, I valorize my reputation here;
2) I'll pick the winner in a live stream showing papers with numbers. If 20 donations, I'll pick two papers. If the result is 8, the address of the 8th transaction will win.
3) ?
4) Is the perfect number.

barrysty1e

hero member

Activity: 636

Merit: 516

Quote from: Mesquito on August 18, 2016, 01:42:32 AM

Hi. I don't know how do it with security and trust. Lets discuss about.
I have a ideia of a lottery project in which people bet 0.0015 to a scrow address, and weekly a lottery for choose a random winner from the donators and send 90% of lottery address balance.
Every week with a new address and a history. Too I'm planning a site for it and wanting know how do Bitmessages+PGP signs.
For this week my planned address will be 1LUCKpajTjE8d2HPDx7Z5awQ59PGKpCaxV
What you think about?
Lets discuss.

what would you guys think regarding a 'pot luck' btc mining pool, that waits until it has accrued 1-2btc (up for discussion), upon correct balance it then hires an appropriate amount of hashrate (8-12ph) and starts mining for a bitcoin block?
entirely possible and not even that difficult.
if a block is procured, the winnings can be split amongst those who contributed to renting the hashpower in the first place.

i still see solo.ckpool.org finding blocks with between 1-3ph a day; would be a neat project and i've already a bitcoind/stratum instance running.

Mesquito

member

Activity: 322

Merit: 10

I'm creative and work how you need for ETH and BTC

Quote from: hilariousandco on August 18, 2016, 04:48:18 AM

Please only bump your thread once every 24 hours. You can edit the previous post or the op with any additional info. Thanks.

Also, you're likely wasting your time with lotteries as they're usually very unsuccessful even with more veteran users.

I can start it and watch how people think about.

newcripto

hero member

Activity: 728

Merit: 500

I will say to review and better come out with some solid and more interesting thing. My thought are not different than other people who already have shared their opinions. Lottery sites are not going to work anymore better save your energy and money. As player I will not touch this type of lottery scheme because of already mentioned points by other users.

BTCLovingDude

legendary

Activity: 1134

Merit: 1010

BTC to the moon is inevitable...

lottery games have never been successful around here because of a couple of big reasons (this is my opinion only):
1) the trust: obvious reason
2) the amount you can win
3) the chance of winning that amount.

explaining 2&3) when you buy a lottery ticket in real life you have the chance of winning a very big amount of money, and that is enough to motivate a lot of people to buy the ticket for a cheap price. but when your chance of winning a tiny amount of jackpot is small it is lose/lose situation for you.

amacar2

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CryptoTalk.Org - Get Paid for every Post!

I don't think there are many people who still trust any lottery sites and actually there are many bitcoin related lottery sites claiming they have provabily fair system of drawing wining tickets but many doubt in that. If you like to start such lottery site than you have to automate all the drawing ticket, keeping good record and transparency of the draws as well as all record of all deposits. It may require very good coding knowledge as well as you may have to spend many bucks in promoting in early days.

skysblu

full member

Activity: 219

Merit: 205

_Bitcoin Africa_

Quote from: Mesquito on August 18, 2016, 01:42:32 AM

Hi. I don't know how do it with security and trust. Lets discuss about.
I have a ideia of a lottery project in which people bet 0.0015 to a scrow address, and weekly a lottery for choose a random winner from the donators and send 90% of lottery address balance.
Every week with a new address and a history. Too I'm planning a site for it and wanting know how do Bitmessages+PGP signs.
For this week my planned address will be 1LUCKpajTjE8d2HPDx7Z5awQ59PGKpCaxV
What you think about?
Lets discuss.

i think that is is a pretty good idea for everyone, 10% edge is not that big, and idea is very simple. just what's the proof that you won't scam us and decide who will be winner?

Palodar

sr. member

Activity: 376

Merit: 250

Quote from: shadobitz on August 18, 2016, 10:14:50 AM

From my point of view this kind of lottery has no charm for people, where only one person get the whole prize pool in the end of the week, we have more better ideas and lottery games already, so that I don't think this idea will get attention from people.

True. Unless they have sexy girls stripping while drawing the lucky number. I think that will caught the attention of viewer especially the perverted gambler type one. Hahaha. And i recently browse on digital goods section and there are many users that selling pervert staff and many is interested. I think will be the first player in the lottery. Hahaha

shadobitz

hero member

Activity: 686

Merit: 500

From my point of view this kind of lottery has no charm for people, where only one person get the whole prize pool in the end of the week, we have more better ideas and lottery games already, so that I don't think this idea will get attention from people.

Palodar

sr. member

Activity: 376

Merit: 250

Quote from: panjul07 on August 18, 2016, 06:57:36 AM

Quote from: Palodar on August 18, 2016, 06:44:25 AM

Quote from: Nahl on August 18, 2016, 06:40:07 AM

i saw several times Lottery project thread at this forum but most of them doesn't working well because have lack of interest and those lottery is not guarantee 100% fair and i personally dislike this project because i wasn't got lottery in my entire life and will avoid any lottery such as this

yeah this is real talk. i think online lottery must have a live streaming of their drawing of the winning number so that the result is valid just like the real lottery. they have a schedule of their draw and broadcast it online. I think the result in the existing site now is not legit because of their jackpot prize. AFAIK i didn't saw a real winner in a lottery and if they have, i can't validate if that user is a legit winner or one of the account of owner. as simple as that

Having live streaming of the drawing is not a must, the more important thing is that the lottery is provably fair where people are able to verify the result. Live streaming is not provably fair enough imho, because it can be manipulated before the drawing.
I was a fan of local fiat lottery, I have won a nice amount from the lottery few years ago then I decided to stop playing it because I dont want to lose the winning. I'm sure if I continue playing lottery, I will lose all my winning + my money.

Lol. So how can you do a probably pair in lottery? How does the live drawing can be manipulated??? Hahaha. I wont disagree with you if there's a magic involve. But saying live drawing of lottery can be manipulated is like saying that the real lottery is not a pair game.. it is just mixing a balls and randomly pick a lucky number while its case is spinning just like the real one. Common men if you are really a fan of real lottery you will know what i mean in applying this kind of method of drawing seems the biggest issue in online lottery is the legitimacy of result

electronicfactura

hero member

Activity: 714

Merit: 500

Gambling has become very advanced and is considered one of the fastest way of making money though it works vise-versa but this is not the case here. Lottery is outdated concept when it is played with bitcoin everyone will prefer to well known and popular games. For example I also play lottery but national 6/49 because the prize will be higher. For regular gambling I will prefer sports betting and dice with other.

csnorthchina

member

Activity: 112

Merit: 10

1 good point, how can I trust you?

not saying you will running away, but you can just make your alt to get the prize.... Roll Eyes

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: Mesquito on August 18, 2016, 01:42:32 AM

Hi. I don't know how do it with security and trust. Lets discuss about.
I have a ideia of a lottery project in which people bet 0.0015 to a scrow address, and weekly a lottery for choose a random winner from the donators and send 90% of lottery address balance.
Every week with a new address and a history. Too I'm planning a site for it and wanting know how do Bitmessages+PGP signs.
For this week my planned address will be 1LUCKpajTjE8d2HPDx7Z5awQ59PGKpCaxV
What you think about?
Lets discuss.

i wish you good luck but in the past, the lotteries never get any attentions here. i used to like playing the lottery but ever since i came to bitcointalk and seeing how poorly they are handled i gave up on the idea.

there are a couple of problems with your post and the lottery you are suggesting:
1) instead of posting your own BTC address you should have first talked with a trusted escrow and in case someone accepted used his BTC address and asked him to sign a message and post it here for you.
2) you have not said an i think you have no idea about picking the winner provably fair. and that is why your idea will fail to attract any attention.
3) and i still think even 10% for the house that really doesn't do anything is a bit high.

panjul07

legendary

Activity: 3500

Merit: 1354

Quote from: Palodar on August 18, 2016, 06:44:25 AM

Quote from: Nahl on August 18, 2016, 06:40:07 AM

i saw several times Lottery project thread at this forum but most of them doesn't working well because have lack of interest and those lottery is not guarantee 100% fair and i personally dislike this project because i wasn't got lottery in my entire life and will avoid any lottery such as this

yeah this is real talk. i think online lottery must have a live streaming of their drawing of the winning number so that the result is valid just like the real lottery. they have a schedule of their draw and broadcast it online. I think the result in the existing site now is not legit because of their jackpot prize. AFAIK i didn't saw a real winner in a lottery and if they have, i can't validate if that user is a legit winner or one of the account of owner. as simple as that

Having live streaming of the drawing is not a must, the more important thing is that the lottery is provably fair where people are able to verify the result. Live streaming is not provably fair enough imho, because it can be manipulated before the drawing.
I was a fan of local fiat lottery, I have won a nice amount from the lottery few years ago then I decided to stop playing it because I dont want to lose the winning. I'm sure if I continue playing lottery, I will lose all my winning + my money.

Palodar

sr. member

Activity: 376

Merit: 250

Quote from: Nahl on August 18, 2016, 06:40:07 AM

i saw several times Lottery project thread at this forum but most of them doesn't working well because have lack of interest and those lottery is not guarantee 100% fair and i personally dislike this project because i wasn't got lottery in my entire life and will avoid any lottery such as this

yeah this is real talk. i think online lottery must have a live streaming of their drawing of the winning number so that the result is valid just like the real lottery. they have a schedule of their draw and broadcast it online. I think the result in the existing site now is not legit because of their jackpot prize. AFAIK i didn't saw a real winner in a lottery and if they have, i can't validate if that user is a legit winner or one of the account of owner. as simple as that

Nahl

legendary

Activity: 1652

Merit: 1000

i saw several times Lottery project thread at this forum but most of them doesn't working well because have lack of interest and those lottery is not guarantee 100% fair and i personally dislike this project because i wasn't got lottery in my entire life and will avoid any lottery such as this

ABCbits

legendary

Activity: 2870

Merit: 7490

Crypto Swap Exchange

This idea (lottery games) is very common and many people tried to make it happen many times before.
I think it's cliche and i doubt people are interested with your project.

xuan87

legendary

Activity: 1666

Merit: 1001

I dont think the project can work, i ever had the same idea, but after do some research i cancel my plan, because the people who are interested in lottery is very small, then they will question the total fund and then how is the drawing system and how can your system proof that the lottery is provably fair, so i suggest just find another game

Sergiorr101

full member

Activity: 137

Merit: 100

Quote from: Mesquito on August 18, 2016, 01:42:32 AM

Hi. I don't know how do it with security and trust. Lets discuss about.
I have a ideia of a lottery project in which people bet 0.0015 to a scrow address, and weekly a lottery for choose a random winner from the donators and send 90% of lottery address balance.
Every week with a new address and a history. Too I'm planning a site for it and wanting know how do Bitmessages+PGP signs.
For this week my planned address will be 1LUCKpajTjE8d2HPDx7Z5awQ59PGKpCaxV
What you think about?
Lets discuss.

i saw many people that wants to run lottery like this, but they either didn't work from start as no players, or was closed after few rounds for same reason

Topic: Lottery project - say what you think - page 2. (Read 1820 times)