Bitcoin Forum

Bitcoin Gem shut down after the owner failed to sell it for 300 BTC.

In Bitcoin Gold, buy the incredibly rare gold bar and be listed forever on the hall of fame! You can advertise your website, plus you'll get profit if someone else purchases the gold bar. And of course they will given how low the current price is :)

The best thing is that the last purchaser will get the script for free, so you'll be able to run your own site. For more information, please visit the site.

http://glados.cc/gold

Is the gold bar rare?

It's one of a kind!

No, the gold bar has no value beyond what people assign to it. It is not a real gold bar, but it grows up in price :)

I have tried it and I am the "President Xi". This Ponzi is really interesting. There will be lots of winners and eventually only one loser.

In the first place, no one would believe himself to be the loser. So lots of people will try this game.

Then, the winners( so much winners!) will tell people around about this game which make more people to join this ponzi, and the only one loser will feel shamed and will be hiding the truth of losing money. So, it turns out no losers in this ponzi......

Wow, this is so stupid but still fun  ;D

The thing is, the winner gets the script for free! The price they paid for it will be worth it, because it shows there is enough demand at that price point  :)

That 'you' shouldn't be there, eh?

is it still free if you pay over 100 btc for it?

if anyone wants a script like this, i will do it for only 50 :D

You are not paying for the script. You are buying the gold bar off everyone else. I don't make out with the bitcoins left, they are already used to pay the previous owner :)

I also have some exciting things to announce when Bitcoin Gold reaches higher prices!

yes. just pointing out that the person who sends 100+ btc gets a script in return, and nothing else.

by the way TF (and whoever else ends up with this script), please be aware that the form just accepted '17' as a valid bitcoin address, and website :D

Not exactly correct. They're going to get profits if someone buys after them. This gold bar can easily go in to 200BTC, 300BTC, and even more :)

Coins to improper addresses won't be sent, so you'll be able to PM me and specifying another address after you prove ownership.

uuuh, the person who gets a script, doesn't get anyone buying after them... they've essentially spent 100+ btc on it.

If the price is more than 100 BTC, then they will get the script if nobody buys after then for 2 weeks. So if people brought after them, then they wouldn't get the script :)

Pffft. I'll rather wait for mithril bars.

Confirmations!! Onward confirmations!

You just got 1 confirms which is the hardest step :)

But will your half-price script have such attractive error messages?

https://i.imgur.com/IGPCpMA.png

Fixed :)

heh, that's what i said

the person who gets a script has spent 100+ btc on it


...aaaaanyway, i'm more interested in the speedy bootstrap skillz than 'the script'. did you do up this site from scratch yourself?

I did the site in a couple of hours, would have being faster if I didn't encounter problems with Blockchain.info (returning an empty transaction list for example).

I see that Bitcoin Gem has relaunched. It's now a completely -EV game for Bitcoin Gem. With bitcoin gold, it will never reset. There's just one gold bar. You can speculate yourself and see if the profit is worth the risk.

It's like trading on the stock market versus gambling in a casino. Both things have risks, but gambling in a casino is always -EV :)

now it's doing this:

[/code]

The new behavior for invalid payout addresses are your payout will be skipped instead of it taking down the site. PM me if you entered an improper / wrong address.

Thanks.

Looks to me like it's completely +EV for Bitcoin Gem, and completely -EV for the players isn't it?

Notice that your gold game is the same - +EV for the house, and -EV for the players.

Whenever the house is guaranteed a profit, the game is -EV for the players.

@TradeFortress: Seriously, I don't mind you ripping of my bitcoin gem. Although you could have tried a little harder to come up with a new twist –  or a new layout – or new wording ...

Anyhow, here's some points you may think about:
1. Will people still be buying your gold bar once the 100 btc limit comes nearer?
They know it's gonna end at 100 btc and frankly, who's willing to pay 100btc for a script that obviously is still in beta with nothing else in return?
2. Is it smart to advertise a script that's spitting out errors half of the time?
3. What will this do to your reputation as the site owner?

Just some food for thought.

Hi guys and Glados, I am one of the player of this Bitcoin Gold, had fun and just like to tell everyone that the house cut of this game is actually 50% (u win 50%, house win 50%)

And this truly inspired me to blueprint a new Bitcoin game based on the scheme you are using. Hope the pool will continue to grow (thou i am not the last one bought in)

I don't think he means that the game ends when the price reaches 100 BTC, just that the price has to be at least that high to win the script. Especially since he said this earlier:


He should probably clarify his wording, though. It's probably vague enough to scare off some potential bettors. 

I wouldn't have made a similar one, but bitcoin gem was shut down so I filled in the lack of "bitcoin gems". The new twist is pretty interesting to watch although it is more like S.DICE instead of the concept of seeing if someone will buy after you.

1. The 100 BTC limit isn't a limit, it's that after 100 BTC the last purchaser will get the script. It's a bonus :)

2. All the errors so far have being one error, which is when the incorrect bitcoin address was entered. I changed it to skip over paying in that case now, didn't want to do it at first because "omg where's my coins?"

3. This isn't a script that I've developed over the course of months. It's a quick project, mostly to see how long the gold bar will continue if the game didn't prematurely ended.

I see, I just would make sure this error doesn't appear anymore.
Also, you could do an easy bitcoin address verification in the first place – just use the validateaddress(bitcoinAddress) command. If someone enters a non-valid address, let him know about.
I guess that would help too.

That doesn't always work.
I remember having some problems sending payments at CoinAd.com because the validateaddress() said it was a valid address when it wasn't.

Really? validateaddress() is an official command from the original bitcoin API, so this should be working –  at least it did very well in my test runs. But thanks for the heads up.

I'm still not clear on this.  How can you tell when the gold has been bought for the last time?  Maybe someone else will buy it tomorrow.

I read somewhere that you give the script to the last person to buy it if they spent over 100 BTC and if it's been 14 days since the gold was last bought.  But is that the end of the game?  I don't think so, because you've said they might get the script AND later sell the gold to someone else.

So does the next buyer also get the script if they also keep the gold for 14 days?  Will you shut the game down at some point?

^ try instead using the blockchain merchant apis via curl


...also, turn off public display of errors!

And change your blockchain.info user data asap...

Blockchain.info second password :)

The site has bugs because it was a quick project put together, but I rapidly fix them and if you lose your BTC due to a bug I'll refund you.

Free bump :)

It looks like this one resets after 72 hours, now: http://www.bitcoingoldbar.com