Is there anyone who can trust this, by investing 0.01btc will be able to get 100 BTC, if it is true whether this will use escrow
Only winner gets that, not everyone -
Topic: Question/Poll - Will you invest 0.01 BTC to win 100 BTC? - page 5. (Read 529 times)
Only winner gets that, not everyone -
Yes, I will invest some BTC to try winning the lottery. But 0.01 BTC is not really a small amount that people are willing to pay for the lottery tickets. I think 0.001 BTC will be a better bet amount.
If you can make it provably fair and gain the community's trust it might work, but especially the latter is going to be rather hard. Especially given the amount of BTC and people you are trying to get involved.
In the end I could just try my luck with one of the established dice sites and have the same odds and potential winnings without the extra steps of a lottery.
In the end I could just try my luck with one of the established dice sites and have the same odds and potential winnings without the extra steps of a lottery.
It could work, this is how traditional lotteries works, doing the math:
0.01 btc * 15000 users = 150 btc .
So, the winner receives 100 btc,
20 guys get 2btc = 40 btc
100btc + 40btc = 140 btc .
I suppose that the 10 resting btc are your profit?, right
0.01 btc * 15000 users = 150 btc .
So, the winner receives 100 btc,
20 guys get 2btc = 40 btc
100btc + 40btc = 140 btc .
I suppose that the 10 resting btc are your profit?, right
Is there anyone who can trust this, by investing 0.01btc will be able to get 100 BTC, if it is true whether this will use escrow
Am I totally nuts to think like this?
Guys I'm working something, which I will definitely share with the community soon.
I've a very simple question to all traders and Bitcoin enthusiasts.
Would you be interested in taking part in a lottery where you can win 100 Bitcoins by investing 0.01 BTC?
Basic rules are as follows: Participation cost 0.01 BTC, 15,000 participants.. 1 winner gets 100 Bitcoins, 20 Runner up winners get 2 Bitcoins each.
I'm working on a similar concept - wanted some thoughts from you folks before I take it any further..
So will you invest 0.01 BTC to win 100 BTC? Yes or No and why...
I've a very simple question to all traders and Bitcoin enthusiasts.
Would you be interested in taking part in a lottery where you can win 100 Bitcoins by investing 0.01 BTC?
Basic rules are as follows: Participation cost 0.01 BTC, 15,000 participants.. 1 winner gets 100 Bitcoins, 20 Runner up winners get 2 Bitcoins each.
I'm working on a similar concept - wanted some thoughts from you folks before I take it any further..
So will you invest 0.01 BTC to win 100 BTC? Yes or No and why...
Jump to: