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Topic: The bitcoin race. (Read 956 times)

newbie
Activity: 14
Merit: 0
January 28, 2015, 02:39:21 PM
#29
bitberau.
It was only a one round game, trying to see if can be some interest in this game, but no one is interested in it.
I'm working on a website with others games now.
I don't know if I will also add this game or not.
sr. member
Activity: 406
Merit: 250
January 28, 2015, 02:22:33 PM
#28
i think u need site for this games..
newbie
Activity: 14
Merit: 0
January 27, 2015, 08:36:57 PM
#27
This is a game and not an investment service.
I will use an escrow to ensure you I will not run with your money.
Do you use an escrow when playing dices or others gamble games?
member
Activity: 83
Merit: 10
January 27, 2015, 08:28:57 PM
#26
if we deposit can a third party escrow hold the funds? are you against that..
newbie
Activity: 14
Merit: 0
January 27, 2015, 08:25:09 PM
#25
pawel777 thanks. I will try something else.

Jayce, it would was like a competition where you have to be fast and precise and a little luck .

Every raffle and lottery take the prize from players deposit but you will not call them ponzi.

legendary
Activity: 2982
Merit: 1506
Pie Baking Contest: https://tinyurl.com/2s3z6dee
January 27, 2015, 08:04:13 PM
#24
how is this not a ponzi... anything with a deposit and the rate of return to be ridiculously high.. uh red flag.

unless you explain how you gain 150%?
legendary
Activity: 2436
Merit: 1561
January 27, 2015, 06:23:02 PM
#23
Are you interested in playing if I put 1btc to an escrow service?
Please tell me... I have to pay for that and I would like to know your opinion before. I'm honest. I'm not rich.

I personally wouldn't. The game model isn't really attractive.

It's quite easy to be first. But even if you are, you're risking losing 2% if no one else is playing, or losing 1% if there are only 2 players.
You would have to guarantee at least 3 players to make it worthwhile.

Then again, if you see that there is already 1 player, you don't want to deposit too soon (so there will be no massive pot to win), and then you risk that:

1 your deposit won't get confirmed on time, you lose all.
2 someone else gets the last place, you lose all.
3 you get the last place, but since there are only 2 players, you still lose 1%.

So that risk is not worth the potential winnings, you'd be better off just playing on any dice site.

I like the idea of games provable by blockchain, but you should think of some other game structure.

newbie
Activity: 14
Merit: 0
January 27, 2015, 02:43:53 PM
#22
 Are you interested in playing if I put 1btc to an escrow service?
Please tell me... I have to pay for that and I would like to know your opinion before. I'm honest. I'm not rich.
newbie
Activity: 14
Merit: 0
January 27, 2015, 09:49:37 AM
#21
Patt0 You are wrong. Of course I can play but I have no more chanches than you to win as I can't manipulate the order.
legendary
Activity: 1694
Merit: 1005
Betting Championship betking.io/sports-leaderboard
January 27, 2015, 09:24:01 AM
#20
This is not a ponzi. It is an ability game. you have to be the first or the last. No ponzi scheme here. Everything is provably fair by the blockchain.

People can see the transactions in the blockchain but it's easy to cheat anyway. You can deposit from many addresses in the beginning and just at the end to get most of the btc. : /
newbie
Activity: 14
Merit: 0
January 27, 2015, 09:16:23 AM
#19
pawel7777
Thanks for your suggestions, I'm trying to contact an escrow from that list. So you don't have to trust me.
legendary
Activity: 2436
Merit: 1561
January 27, 2015, 08:27:16 AM
#18
...
I know, I have no reputation, How can I start building it?

If can help, I can pm you my phone number or email.

I was not thinking about to use an escrow. Which escrow should I use? I have got only 1 BTC should I send it to en escrow?


Yes, BTC1 in escrow is better than nothing. It will guarantee that you won't run with funds <BTC1.

Here's the list of members providing escrow services:

https://bitcointalksearch.org/topic/escrow-list-108716

List is not complete, but I'm sure you'll find someone.

And if the game proves popular you will earn some reputation over time.
newbie
Activity: 14
Merit: 0
January 27, 2015, 07:39:44 AM
#17
Seketsuna
Your deposit will be split in 3 parts
49% to first players
49% to last players(they will be calculated after the round end)
2% is my fee (I will use it to pay tx fees to miners)
Sum 100%
What is your problem? There are also some exaples on how I will split the budget.
Please help me to understand what you can't understend.
sr. member
Activity: 294
Merit: 250
January 27, 2015, 07:25:24 AM
#16
Ponzies only pay in FIFO(first in, first out) order.

I will pay in FIFO and in LIFO(last in first out) order.
This is not a ponzy. It is an ability/gamble game. Like an horse race.

don't insult my intelligence

according to your post

49% of your deposit will be used to pay firsts players(FIFO)
49% of your deposit wil be used to pay lasts players(LIFO)

even if english is not my main language, I clearly understood this. my deposit will be used to pay first players!
newbie
Activity: 14
Merit: 0
January 27, 2015, 07:24:35 AM
#15
this is not a ponzi. Please google ponzi and verify yourself what a ponzi is. I'm not lying, rules are exposed, but, please tell me if you can't understand them. I will try to be more clear.
I know, I have no reputation, How can I start building it?

If can help, I can pm you my phone number or email.

I was not thinking about to use an escrow. Which escrow should I use? I have got only 1 BTC should I send it to en escrow?
legendary
Activity: 2436
Merit: 1561
January 27, 2015, 06:11:00 AM
#14
Ponzi or not. If the rules are clear and everybody knows what they're getting into, I don't see a problem.

The real problem is OP being a newbie with no trust rating. I don't think anyone will deposit any bitcoins.

If you're serious about running that type of game, you need to either build up a solid reputation first or put few bitcoins in trusted escrow (as security deposit).
sr. member
Activity: 364
Merit: 250
January 27, 2015, 03:42:11 AM
#13
thats an interesting way to spell ponzi scam
newbie
Activity: 14
Merit: 0
January 27, 2015, 01:42:33 AM
#12
do you prefer horses or ponzies?
It is a gamble/ability game!
hero member
Activity: 714
Merit: 500
Me, myself and I
January 27, 2015, 01:33:05 AM
#11
This horse or ponzi?
newbie
Activity: 14
Merit: 0
January 26, 2015, 09:55:01 PM
#10
a ponzi is a scam. This is not a scam game. 
You have to be able to send a deposit and be confirmed in the first or in the last block  found durin the game. If your btc will be confirmed outside the game time you make a fall and lose everything.
If there is only one player he will lost only 2% of his deposit.
If there are only to players, the first will play 10btc and the second will play 1btc the first will get 9.28btc and the second will get 1.50 btc.

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