The Red Bitcoin | 100k every day lottery.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: d474n on August 22, 2015, 05:44:58 PM

Quote from: giustone on August 22, 2015, 05:38:45 PM

I think 10k satoshi is more to win only 1mbtc.

If 100 users buying tickets you make 10 mbtc and pay only 1 mbtc.
If you want to have more participants, you need to increase the prize.

It was 50 satoshi at the beginning, but it would work only if the participant uses Xapo, so that he won't pay the transaction fees.

BitcoinTip is another as well. There are many options, and really, OP could allow multiple methods (so people can use Xapo, Coinbase, CoinTip, etc.) as they please.

d474n

member

Activity: 62

Merit: 10

Quote from: giustone on August 22, 2015, 05:38:45 PM

I think 10k satoshi is more to win only 1mbtc.

If 100 users buying tickets you make 10 mbtc and pay only 1 mbtc.
If you want to have more participants, you need to increase the prize.

It was 50 satoshi at the beginning, but it would work only if the participant uses Xapo, so that he won't pay the transaction fees.

giustone

full member

Activity: 238

Merit: 100

I think 10k satoshi is more to win only 1mbtc.

If 100 users buying tickets you make 10 mbtc and pay only 1 mbtc.
If you want to have more participants, you need to increase the prize.

d474n

member

Activity: 62

Merit: 10

THE FIRST WINNER HAS BEEN PAID.

See the transaction link on theredbitcoin.com

d474n

member

Activity: 62

Merit: 10

Quote from: jacktheking on August 22, 2015, 02:34:26 AM

Good site you have there. However, choosing user randomly will bring you lot of trouble. Check out http://bitrevenues.com/ and see how I choose the winner of the game.

.

Thank you, I will consider your suggestion.

d474n

member

Activity: 62

Merit: 10

Quote from: amiryaqot on August 22, 2015, 03:38:02 AM

That page is look like a donation page so how can you say that is lottery site, OP is newbie and looking for donations without any knowledge how lottery system works. Cheesy

I know is not simple for people to trust each other, especially here, but give it some time. I'm not trying to scam anyone and I'll prove it. Every winner will be listed, as well as the blockchain transaction link.

amiryaqot

legendary

Activity: 1050

Merit: 1000

That page is look like a donation page so how can you say that is lottery site, OP is newbie and looking for donations without any knowledge how lottery system works. Cheesy

marioantonini

legendary

Activity: 2156

Merit: 1082

Sorry but this is a site of lottery ? I see only one html page with 1 address to send bitcoin and no other info

"Win 100.000 satoshi, every day
Only 10.000 satoshi to win 100k".

Provably fair?

jacktheking

legendary

Activity: 1484

Merit: 1001

Personal Text Space Not For Sale

Good site you have there. However, choosing user randomly will bring you lot of trouble. Check out http://bitrevenues.com/ and see how I choose the winner of the game.

.

lottoitaliano

legendary

Activity: 1176

Merit: 1000

I don't have understand, i must pay 10.000 satoshi, for win only 100.000 ?
What % of winning i have ? And the estraction?

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: BurgerKill on August 21, 2015, 06:45:38 PM

Quote from: nickaizoku on August 21, 2015, 06:40:01 PM

But need fee 10k is it if deposit one 50sats

I would say that that is a big flaw in this idea. The default transaction fee for Bitcoin Core is 1,000 satoshis. If you do a 1 satoshi transaction fee, it's going to take a very long time to confirm. So basically, you're asking us to pay 1,050 satoshis to enter.

You may want to increase the jackpot and the amount needed to enter.

A way around this would be to use Coinbase/Xapo/etc. as a micro-transaction wallet. Then you can accept any amount and pay no fees regardless (note that users would also have to use that same off-chain wallet).

cryptoalina

sr. member

Activity: 252

Merit: 250

Hi,sir,only one participant receives a bonus 0.001 btc,right?

d474n

member

Activity: 62

Merit: 10

Quote from: BurgerKill on August 21, 2015, 06:45:38 PM

Quote from: nickaizoku on August 21, 2015, 06:40:01 PM

But need fee 10k is it if deposit one 50sats

I would say that that is a big flaw in this idea. The default transaction fee for Bitcoin Core is 1,000 satoshis. If you do a 1 satoshi transaction fee, it's going to take a very long time to confirm. So basically, you're asking us to pay 1,050 satoshis to enter.

You may want to increase the jackpot and the amount needed to enter.

Thank you for your suggestion, I did increase the jackpot and the amount needed.

BurgerKill

full member

Activity: 210

Merit: 100

Quote from: nickaizoku on August 21, 2015, 06:40:01 PM

But need fee 10k is it if deposit one 50sats

I would say that that is a big flaw in this idea. The default transaction fee for Bitcoin Core is 1,000 satoshis. If you do a 1 satoshi transaction fee, it's going to take a very long time to confirm. So basically, you're asking us to pay 1,050 satoshis to enter.

You may want to increase the jackpot and the amount needed to enter.

nickaizoku

sr. member

Activity: 308

Merit: 250

❃ CyberNick ❃

Hi, we need deposit 50 sats? How if 10 times 50sats? More chance?
But need fee 10k is it if deposit one 50sats

d474n

member

Activity: 62

Merit: 10

Hi everyone, I just created a bitcoin lottery that pays 100k satoshi every day.

It requires only 10.000 satoshi to participate, the winner will be chosen every day at midnight.

THIS IS NOT SCAM. EVERY WINNING WILL BE LISTED WITH BLOCKCHAIN TRANSACTION LINK.

Any idea or suggestion is appreciated.

http://theredbitcoin.com

Topic: The Red Bitcoin | 100k every day lottery. (Read 663 times)