Bitcoin Forum

For those who don't know,
http://www.bitgrenade.net/ is a reasonably new hot potatoe stile site. It supports multiple coins and the chance of winning is very high.

The way it works is you purchase a bomb which then you can sell to others for more. The only catch is there is an amount of time in which you must get rid of the bomb or it will explode.

(Please. I highly recommend buying the GLD RPG :p (If someone would it would make my day and I will give you all profits)

I am going to spend some goldcoins on the game. I love the game.

Yea, and it gets the coins name out there.

Getting a dangerous warning title when I try to visit the page

Nah it's safe 100%. I use it and a lot other do :)

Well maybe you dont have as much security on your computer as I do mine then -

I beg to differ ;)

Me too:) GLDCoins ftw!

Or maybe your getting a false positive. Because I don't either and if you have "a lot of security" or multiple programs one may give you a false positive.

working with WLD as well, just wish more people would play it...seems it goes a few times and people give up, or just take early profit and dont keep passing it around.

Trying the site out now with Digitalcoin!

gonna give LTC grenade a shot.

Ok I've been playing it with digitalcoin a number of times its fun but people are tooo conservative lol, I'd like to keep going but now I see where people tend to stop.

haha great game

works really well with the speed of worldcoin too :)

Great game, Thanks for adding powercoin.

Lol.. this looks like it could be a lot of fun.. unless you're the last one ;)

Wouldn't this work better if the consolation prizes were higher?

Great site I love it !

+1 for higher consolation prizes should be at least one 100% on the board for each coin

Great bidding wars going on right now for DGC grenades come join the fun!

http://www.bitgrenade.net/?coin_display=6

Yeah, good idea, or maybe fix the site profit at something like 5% and drop the rest into the consolation prize?

I "invested" some of my near limitless WDC supplies.  Nice to have something to do with these alt coins !

It's a scam guys. stop making these threads. Do a little search if you dont beleive me

The site is a scam, or the concept?

I've been playing with it for a few days and so far every payment has been processed perfectly.

The site does have a "house edge" in the sense that prices escalate faster than profit payouts.

That said, the house edge can be overcome by smart play.  It is essentially a game of "hot potato", not dissimilar to the stock market, where everyone bids up values for profit and eventually someone is left holding the bag.

The bag holders are going to scream "SCAM!" but, of course, that is part of the game.  If you're the last guy at the end of the profit chain and your grenade blows up all you get is the consolation prize

BTW, does anyone know the odds involved in this kind of "Chain Game" / "Hot Potato" games?

I mean: at least an estimation about the gambler's odds and the house's odds.

It seems that game is not 50/50, right?

Is it, at least, +EV (positive expected value) for the gambler?

Is there any documentation about that topic around?

Maybe that could be included in the FAQ section of Bit Grenade.

I've made thousands of various coins playing bit grenade. Im at the top of the pyriamid