Bitcoin Forum

Bitcat.ch (http://bitcat.ch/)

Hi all, I want inform you about new round starting today at Bitcat.ch - site where you can win some Bitcoins.

Game rules are simple - you send Bitcoins to the game, they will be placed to the pot, if somebody send bitcoins after you - you will get you money back multiplied by the ratio (for instance if the ratio is 1.1 and you deposited 1 btc you'll get back 1.1 btc)
During the game, 5% from each entry goes to the jackpot, which would be taken by the player who did last deposit.
The round ends when no one have sent BTC to the game at least for 24 hours.
So, in order to win jackpot you must:
    - deposit some BTC to the game
    - be the last person who did deposit
If no one have sent BTC after you - you will get the jackpot.


Check it now - BitCat.ch (http://bitcat.ch/)

Ok. Round just started

My transaction 1EDbUWno87S96TZ1iJtMpA4CSEZQ41rAfu -> 1EBVS59kuCMg6YqgL1M6gWBBmfK8efBgcP sent with 3 others at approx 19:03 didn't show up, while the other 2 got paid :) .

Same tx fee.

Why? :)

I don't know

After the first confirmation, the list of unconfirmed entries got shuffled.  For example, my two entries with 14gHHdZo1z2wmEfRLjxmTCsEqoDQQQFW86 were back to back, and right when the 1st confirmation hit, the entire list got shuffled resulting in one being knocked back almost to the end.  Is this supposed to happen?

Yep, because when transaction first appeared in bitcoind (with zero confirmation) time of transaction is the time when it appeared, but I couldn't rely on that information, transaction may appear and receive its first confirmation only in next hour, so I must rely on time when transaction appeared in the first block (and bitcoind did the same) and because one block contains multiple transactions they all have the same time

O, okay. bit of a random element (: I like it. Thanks for the quick reply

Just posting so I'm notified on new replies.

Dropping in just to say that I like the new rules.

With BTC prices going as they are, bitcatch is slightly more profitable than playing the market. :P

looks like round4 is gonna end lol i needed 2 more bets to get a pay out lol probly.

Dude, every time someone makes a bet the time is extended to 24 hours remaining. If you only need 2 more bets, there's no way you're going to miss out, I wouldn't be surprised if people entering now eventually got paid out.

Yea true i should get paid out but you notice how long it takes to pay people now its getting very hard when the game is this long to get paid.

...well, yeah, that is generally how pyramid games work.

Sorry, but I can't find my answers in the threads..

A) If someone bets less than the minimum (0.30) or more than the maximum (1.2), they can still 'play' and get the 10%, but they are not eligible for the jackpot, nor does it move the countdown timer another 24hrs?

B) an 'unconfirmed entry' doesn't extend the clock, so you shouldn't wait until there is 5 minutes left in the 24hr period to place an entry

C) how many confirms until official?

suggestion for jackpot rounds:

Bounty to end the current round, say 10 BTC (50% to owner, 50% to pool). If the jackpot gets close/over 10, there would be an incentive for the last guy to pay the bounty and win the jackpot.

2

A) If someone bets less then minimum - their get 99% of their bet back, if I would sent entire amount back, someone could attack the game sending many 0.01 btc transactions and all server's money would be spent on fees. If someone bets more that upper limit then one bet will be placed with maximum value and remaining coins will be sent back.
Bet bounds changes during round, so, when round starting limits lower  and if round goes for a while bounds usually being raised.

This looks like a pyramid scheme but..How can someone lose?

EDIT: Wow didn't realize that it only pays out after no1 has entered for 24 hours. Now I'm pissed I entered.

Um. It pays out instantly, it ends when no one's entered for 24 hours.

And how do you think people can lose? Same way they do in any pyramid scheme. The longer it goes on, the further the gap between new entries and paid entries. I would say that people entering now are probably not going to end up getting a payout, the gap is getting too wide.

I believe they will get paid, because there is a jackpot. It just gets slow, so it is never late

But most pyramid schemes don't have a jackpot.

Jackpots are similar to penny auctions, and those do end at some point.

Why don't bets since Jul 14 02:48:06 get paid out? There is definitely enough money in the pot.

Why do you think so? The current pot is 0.33158 BTC, do you taking into account 3% fee?

maybe a running pot total could be posted somewhere. Or, another column which shows how much new money is needed for payout by each entry.

Sorry, my mistake in calculations.
Actually, showing the pot total would definitely help

I put something in yesterday, about how long do you think it'll take for me to get my coins?

Jackpot which goes to the last player proved fatal to this round.... Let's play without it next time!

i like the jackpot.

How about a defined timeline, but the 2nd highest deposit wins the jackpot?

I already suggested game ends after no new bids after 24 hrs or a 10.00 btc deposit to kill the round.

Or, countdown time starts off at 24 hours, but goes down 2 minute after each deposit, i.e 1st deposit is 23hrs 58 mins. 2nd deposit is 23 hrs 56 mins, etc.

Good idea, TTBit, although it should probably stop going down somewhere around ten hours. I think the minimum deposit should be raised more, it's been at 0.3 for too long.

Should increase the minimum

I like as it is now.

I like it just how it is... That way it has the potential to never end and everyone continues to get paid! I see that the same people (addresses) are playing multiple times, getting paid out all of the time.

However I would like to see a more "high roller" round of this game, with a min of 50 BTC's and a max of 100 BTC's. That would get my blood pumping.

hmm..would you mind if I added something like that to my site??

The owner of bitcatch hasn't done it..so Im gunna give it a try!

Hey BitMan, I'm not sure if I like the way your site is tho.. I mean, i'm sure it's great, but there's no JackPot, or a lot of deposits in order to full-fill the time period before you get cut off.

just wondering
when do you get your expected payout?

Instantly, it's automated.

ye but whats the condition for it?

You are playing a game and you don't know how it works?  Crazy.

OK, it seems mean to make fun of you, then not answer your question.  You're not the first person confused on this game works.  See my answer to this same question in the thread for the 2nd round of this same game: http://forum.bitcoin.org/index.php?topic=25118.msg329409#msg329409

There's kind of a jackpot..the last person to enter gets half the reaming pot the other 25% goes to the pot for the next round and the other 25% goes to me. Not trying to advertise just answering questions go to my thread for any more questions.

Alright I'm not sure when I'm going to be getting my payout but my address says it's paid so :P

Yes, bid for that pot. I want my coins back.  :D

xyu, you are a genius. Congratulations for having a plan that worked.

There is still a lot of activity in this game.

The banner at the top of the page states "New round starts in this Friday 20:00 (8pm) UTC", but the rules state "round ends when no one have placed their bet for a 24h".

Which one is it?

Round 4 will not end until no end has deposited fro 24 hours. The new round will run simultaneously as round 4.

new round in less than 2 hours!  Woo Hoo!

I am ready to make some free money, baby!

Come on! Where are the people that are supposed to be bidding on the pot? What are you guys thinking?

They're just waiting a while, bids will start coming in later in the game. There's no way that guy is going to get away with getting 4.25 btc for 0.05.

I'l probably have a go at the jackpot about an hour from the end.

I think it's smarter to go for the jackpot as soon as the second day starts, to be honest. Because that means your deposits are more likely to be paid out, while still having a chance to win the jackpot. Although I understand what you're trying to do. (A "surprise attack", of sorts. Or sniping, if you prefer)

To who ever I sent the .07 btc to. If you could send it back I would be thankful. Totally screwed that one up :)

A little more elaboration please? :P Are you referring to this bitcat.ch payment?

17aayXX2akjoRSAfBADA9xkGGiuK1FJTL5   Jul 31 05:59:36   0.07   0.084   

Do bets less than the minimum count towards the jackpot?

Such as the .04 bet that was placed...

Doesn't seems like it, coz I got the coins back, then I just placed a bad of .1 :P

I think i sniped it unless you got in the last 7 seconds

Damn, you bastard :P

What... The... Round #4 has really taken off with the new MaxBet! Looks like the high rollers are roll'n in... I just got paid a ton of BTC's... I've put BTC's back in... This round is amazingly awesome.

Jackpot is way over 9 BTC's now... This round will never end... Time to get in again!

You've got a problem with your code.

http://bitcat.ch/rounds/18

Compare the bets to the minimum.

and the jackpot on this round have not been paided out http://bitcat.ch/rounds/12

Edit: it has been paided now.

Why the deposits are not in the order of the date they were done in this round http://bitcat.ch/rounds/8 ?
there is my deposit done Aug 25 between 2 deposits done Aug 23

This 1MEMPK8NAnaphsWJnxKBR5uzpTwdAatumL was the last one so pot and jackpot were send to this address, but this brokes the ordering

Wow +15BTC Jackpot here http://bitcat.ch/rounds/68

1FFx2ANDX9ZZTZkmStQrGenah6TZmz5HSV has not recieved its jackpot yet in this round http://bitcat.ch/rounds/87

new round started.

.05 - 1.337

1% admin

11% ROI

10$ Jackpot

25hr exp