Topic: RUN YOUR OWN BITCOIN GEM - page 3. (Read 8816 times)

Your implication that everyone who buys the gem is 'buying the gem' is not accurate. Some might be more interested in the advertising than the gem. Advertising is usually bought expecting a sunk cost but some other benefits such as traffic, etc.

you still don't get it, for there to be a winner at ANY gambling game, someone has to lose.  What you just described could be said for every casino and gambling game on the planet.

You think casinos are handing out winnings out of their own pockets?  No, they are giving winners a portion of the proceeds from the losers. 

Show me a game where there are less than 5% losers.  95% winners is a good rate for 1.1x payout.

You still don't get it do you. The reason 95% of them won anything, was because the 5% lost it. The 25 btc didn't appear out of thin air. The 5% paid it to the "winners" It's a ponzi scheme. The last one holding the gem, loses. It's not a way for people to make money with btc, it's a thinly veiled pyramid scam.

LMAO go learn about VCs and how the bitcoin works and stop being dumb, then maybe you can make real money like the rest of us.

listen, when we need a Batman, we'll ask for it...

No, the confused one here is you.  I own one of these games, I know exactly what it makes and what the players make.  The players make double what I make.

Typically, we have 1 loser for every round and several winners.  Even on BitCoin Gem, they have 5% of the players lose, 95% win.

The Gem calls it's players owners, as in, "Current Owner of the Gem".  So, when they say "owners made 25 btc", that means that the players made 25 btc from playing.  The owner of the site has made considerably less, as he is only getting 5% of the purchase price.

Regardless, people like it and have fun playing it.  Every gamble has to have losers.  These games have less losers and more winners than almost every other gambling site out there.  And the odds vs payouts are far better than just about anything else, too.

So, stop hating, and let people do what they want.  

You honestly have no idea about VCs LMAO This is the best quote ever LMAO I am dying LOL Some people here really don't understand that high level stuff, so I guess this is exactly why you have to rip off dumb ideas.


LMAO Dude you have no idea, and it is so funny cause your just a talentless dude, that obviously can't see what state bitcoin is truly in. Don't worry about me, I do what I can everyday to help bitcoin and so far I am very happy with my status in wealth and idea in bitcoins. So now it is time for me to help the community and show how people like you are ruining it.

You really don't get it do you? You know what, I've got a bridge to sell you. PM me... I'll make it cheap.

well, like I said, if my one simple game is killing bitcoin, then bitcoin has no business being around. 

Seriously, do you even hear yourself?  "don't do anything to piss off the VCs!"  "don't make games people want to play" "you're hurting bitcoin"

What a bunch of BS.

I have seen a LOT of bad bitcoin sites that I do not do business with for that reason.  Good design adds credibility, and you better believe VCs look at that.

I am not crying about the value of bitcoin, just like I am not crying about what other people do with their bitcoins, and just like I am not crying about what sites people make.

I tell you what, why don't you guys spend your time making really awesome sites that people will like and use and get people interested in bitcoins.  Stop wasting your time telling other people what NOT to do.

no, the owners of the Gem, ie the players made that money.  Maybe you don't know how that game is played, but each time it is purchased, the previous owner gets their money plus 10%.

The guy at the end only pays the person before him, the owners are only taking 5%.

So, anyway, people want to play it, and people are making money with it and having fun.  What is wrong with that?

The first one is an innovation the second, third and fourth are not innovation your just being a talentless rip off. I am not being the gatekeeper, but if you want bitcoins to be more mainstream this is not the way to do it. I could easily create something like this probably better than any of the ones I seen, and be extra greedy, and take away profit from you, but I don't for one reason, cause when VC's start looking around here, and they see all these people just ripping each off and not trying to build up the community, they will leave this area. Also the only reason these sites look ok, they aren't descent, is cause you all using the same layout and image LMAO. I really haven't see a bad looking bitcoin site that I went to and said well "if they don't update the UI then I can't use it", cause it is about what the site does.

This is the saddest things in bitcoins cause this is exactly what holds the community back and it is people like you that will be crying like why aren't we at $30 or $40. Cause mainstream adoption doesn't want to see sites like this. Also if you think I am hurting bitcoins with my statement then you must be destroying it with your worthless, piece of shit, talentless rip off of a site, ohhh wait you are destroying it.

People playing it didn't make 25 BTC, the people running it did. At the expensive of the ones playing the game. Do you understand how a pyrmid scheme works? No new money is created? Suckers at the end make the profit for those at the bottom and the owner of the scam.

Bitcoin Gem (I have no affiliation with them) has posted stats on their operation:


So, people playing that game have profited 25+ BTC.  I think it has been around for maybe 3 weeks.  Hardly stupid and insignificant.

if bitcoin can be taken down by a handful of small sites like this, then it doesn't deserve to be around.

Yes, I am happy, my sites are getting traffic and business.  If it was such a dumb idea, then no one would play them.

What ever happened to the free market around here?  Now we have to consider what the gatekeepers will think before building a bitcoin site?

If you don't like them, don't visit them, but don't act like they are hurting the community.  You know what hurts the community and innovation?
Ridiculous people trying to be gatekeepers of bitcoin.  Statements like you made hurt bitcoin more than anything. 

At least these sites look decent, compared to a lot of the other bitcoin sites around here.  Designs from 1996 hurt bitcoin more than these sites.

Ok thanks for hurting the bitcoin community, some people are not team players, and this is why innovation is stale and it will be the downfall of bitcoins. Are you happy now? And I never really agree with MPOE-PR but this time she is completely right it the dumbest idea, ever and just hurting us when VC's look at this community. It is so sad, that some people just want to be rogue players yet want the benefits of a community.

Man, get off it.  People want to do this, let them.  People want to play these games, let them.

If you don't want to play or don't want to make a site like this, then don't.

Yes, this is what bitcoin is for, too. Bitcoin is for people to do want they want to do and have a method of money transaction that supports it.  The thought that bitcoins is only "for" things that you approve of is laughable.

Quit giving us the lecture every day about how these ideas are less valid because they didn't follow your "formula for success". These sites have as much right to exist as anything.

Last time I checked, gambling was one of the biggest parts of the bitcoin economy.

You should take your own advice and just ignore things you don't approve of.  And for God's sake, hire a designer for your site.  You're making Bitcoin look bad...  


*  just for the record, I am not associated with this plugin or anything

This nonsense just won't die, will it.

PEOPLE STOP DOING THIS SORT OF CRAP.

This is not useful. This is not smart. This is not what Bitcoin is for or what Bitcoin is about. This reflects poorly on you, for having done it, on you, for pushing it, on you, for using it. Don't do it, don't push it, don't use it. IT IS STUPID.

Stop wasting your time doing things you know are stupid in the hopes they'll make you rich. They will not make you rich. It's not a matter of you having "a chance" of becoming rich though doing something stupid. There is, literally, absolutely, no chance. Anyone can do something stupid, that's what stupid means. Adding more spam on top of stupid does not improve your chances. It doesn't lower them either, seeing how they're already zero, but that's besides the point.

Do something smart with your time and energy. At least that way even if you fail you'll have something to show for it.

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Thanks for the review : )

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