What exactly do you mean when you say that you find the private key ? I'm a bit confused about that.
When I say find the private key I mean that there is at least one bitcoin wallet's private key hidden in most of our videos. With this key you can open a wallet and transfer the money to any other wallet (yours usually). If our introduction videos aren't enough, there's plenty of tutorials out there. I'm also quite sure people on the forum can explain bitcoin :p
And how many coins do you plan on giving out ? 1 in every video ? More then 1 ?
The total sum we plan on giving is unlimited if the project works : the money we make from the ads is redistributed. I'm not quite sure what you're calling a "coin" though. We didn't invent a cryptocurrency : we're giving bitcoin parts (since 1 bitcoin is roughly 450$ we're only giving parts of 1). There is usually from 3 to 10$ in total in each video. Sometimes there's only one key to retrieve, sometimes there's more (in episode 2, there's 2 keys each giving access to a wallet with 5$ on it, which makes 10$ in total + a bonus with a third key, still not found by the way
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And what should we do with them ? Just hoard them for now ? How exactly does a new coin gain value in the market anyway ?
It does sound very interesting i hope to see it grow.
Again, we're giving bitcoin, so we're not responsible of the currency. Consider it as real money, since you can buy stuff on various websites with it. So, if you want to hoard it and hope the bitcoin increases in value you can. Or you can spent them now. Kinda like the stock exchange. And bitcoin gains value by offer and demand, I'm not an economist, but there's a lot of papers on how bitcoin reached this value, feel free to look through it
Thanks for the interest ! I hope I answered your questions, if not, feel free to ask for more details !
Great Idea and Project buddy !
I want to ask how are the Private Keys "hidden" ? May be you can give out where it is hidden from one of your earlier videos. And yeah what's the amount of BTC in that address ?
The ways we hide the private keys is and will be different through the episodes. But for example on episode 2 you just have to answer correctly to 10 questions to get the link to a private video where the private key is shown (not hidden, just shown
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As for the amounts, it depends, but it has been between 3 and 5$ on each adresses this far. Feel free to check the balance and transactions of the adresses (via blockchain.info for example), they are in the descriptions of the videos
The goal is to gain more money through the ads for bigger prizes.
Thanks for the feedback and interest ! I hope I answered your questions, if not, feel free to ask for more details !