Bitcoin Forum

Economy => Games and rounds => Topic started by: nayrB16 on November 28, 2012, 05:19:24 PM



Title: Betting pool for next halving day
Post by: nayrB16 on November 28, 2012, 05:19:24 PM
In celebration for halving day I am starting a betting pool for the next halving day due sometime about 2016.

You can place your bet to the corresponding address which the first bits mark the day. Link to addresses here. (https://docs.google.com/document/d/1vJQXVlHKUYe4PfanWsc81sdGbbrRYJLneCdMjMy3FPc/edit)
ex. 1JANo4DVNbTu6eX1dic5HMKyevuSJeY7KK equals Jan 4th.
     1oCTo3o8dmvAGkjwzC4iws3rbNp6JcxaG equals Oct 3rd


Payouts will be made to betting addresses that paid into the winning address proportional to the size of the placed bet (-10% for pool operation). Don't lose your private keys, as payouts will only be kicked back to same address!

All bets will be swept into the primary betting pool address which is already seeded with 5btc
1HY8GtxdWuYXBoU8eRZWupBnLEbmXEG9gs




As a contributer to the pool, my payment of 5btc will be factored into reward payout against all betting addresses until pool reward has doubled i.e. reward is 10btc or higher. e.x That way no one can pay 0.001btc on all 366 address and collect the full reward of 5btc with a bet of 0.336btc spread across the pool.


Betting Ends November 30 2015

This is a 4 year long gambling stake patience is required.

edit. If total of all bets do not equal 5btc or more (to match original stake) by Nov 2015, the game will be scrubbed and all deposits returned.



Title: Re: Betting pool for next halving day
Post by: Ploo on November 30, 2012, 11:29:26 PM
The thing you did with the addresses is pretty cool.


Title: Re: Betting pool for next halving day
Post by: nayrB16 on January 03, 2013, 04:26:49 PM
Bump


Title: Re: Betting pool for next halving day
Post by: nayrB16 on February 02, 2013, 12:33:48 AM
bump


Title: Re: Betting pool for next halving day
Post by: nayrB16 on March 18, 2013, 01:14:47 AM
Another BUMP for everyone, even if there is no one!


Title: Re: Betting pool for next halving day
Post by: nayrB16 on April 07, 2013, 08:52:54 PM
cough cough bump cough


Title: Re: Betting pool for next halving day
Post by: dree12 on April 07, 2013, 08:56:58 PM
What timezone?


Title: Re: Betting pool for next halving day
Post by: nayrB16 on October 25, 2013, 01:46:20 AM
Almost a year later and still nothing
Bump


Title: Re: Betting pool for next halving day
Post by: dree12 on October 25, 2013, 01:52:33 AM
What timezone?

Half a year later and still no response.


Title: Re: Betting pool for next halving day
Post by: nayrB16 on October 25, 2013, 01:27:51 PM
Oh I meant bets, but timezone is irrelevant, whatever the time stamp says on block 420,000


Title: Re: Betting pool for next halving day
Post by: dree12 on October 26, 2013, 12:51:34 AM
Oh I meant bets, but timezone is irrelevant, whatever the time stamp says on block 420,000

The time stamp is a number. A timezone is needed to convert a number to a date.


Title: Re: Betting pool for next halving day
Post by: nayrB16 on October 26, 2013, 04:45:27 AM
Oh I meant bets, but timezone is irrelevant, whatever the time stamp says on block 420,000

The time stamp is a number. A timezone is needed to convert a number to a date.


Ok if you want to argue semantics, the time stamp is a UNIX time code which corresponds to Coordinated Universal Time (also known as Zulu time if you are in the Navy) which is largely aligned with Greenwich Mean Time (GMT). So that is the time zone.


Title: Re: Betting pool for next halving day
Post by: nayrB16 on August 14, 2014, 12:50:18 PM
Crickets chirping

When I started this pool the pot size was worth ~$60. Now it is worth ~$2,500


Title: Re: Betting pool for next halving day
Post by: nayrB16 on November 23, 2014, 02:45:02 AM
Still nothing


Title: Re: Betting pool for next halving day
Post by: yenzae0215 on November 23, 2014, 02:58:16 AM
1 year to go.. i love to try this but this is still too long to wait  :-\


Title: Re: Betting pool for next halving day
Post by: nayrB16 on December 04, 2015, 03:06:41 AM
No takers? Well darn.

Next time I will do a geocaching hunt with a loaded private key.


Title: Re: Betting pool for next halving day
Post by: nayrB16 on May 12, 2016, 05:06:35 PM
What's it going to be July 9th, 10th or 11th

When I started this pool price was sitting right about $13 and figured a small group of people might like to get in the action without too much risk. I cringed when the price rocketed to over a grand and made my initial seed bet worth more than $5k. Seeing as there where no takers I'm going to keep watching just to see which address would have won and how far the difficulty adjustments moved the halvening time frame.