Bitcoin Forum

Interesting idea. I'm trying to find the private key, but so far, no luck. Any hints?

Wish I found about this sooner. I found the private key although it was late already since someone have found it earlier than me. Regardless of which, it was fun actually to be alert to get the reward. My ears was with your voice and my eyes completely focused on screen. Easy to spot the key but hard to read it since it disappears pretty quickly ;)

@knightdk : It has been found and used. But as an hint you can read the answer of SFR10  ;D

@SFR10 : glad you liked it ! Next video will be uploaded soon, and will also contain a key :D Maybe you'll get more luck. Subscribe or follow us on Twitter or FB to make sure you don't miss it :)

I'm not very sure that it work. You need that many peoples can see your videos but even considering a  high reward its can be always claimed for the first watchers so someone skillful always get the rewards and  those arriving later get nothing and they can lose interest soon.

Well, the goal is to make a lot of videos, and those videos will usually be (very) long. If you're lucky, since it's usually being lucky and not skillful, you'll get the code even 20 minutes (or more) after the release. Furthermore, episodes will be announced, so you could probably be ready to look for the keys right at the release of the video ^^ So we're quite confident :D

The last part of the introduction will be up today (2/27) at 6PM GMT+1 ! Make sure you don't miss it :)

Our second episode will be available tomorrow at 9PM CET+1 ! Make sure you're on a PC and not a mobile, annotations will be needed cause it's a new type of videos :D
Also, I won't bother you on this post anymore after this, I promise :p I'll answer to it but that's all, no more unwanted ups :)
Oh, and next video will be 10$ in total wins ;)

This is actually pretty cool, the video's are also of pretty good quality. Though I doubt I will ever be fast enough to get a private key first :)

The next type of video (episode 2 e.g) will be a little less about luck, so you may get a chance if you're here when the video is released ^^ Also, since it's a funnier type of videos, we'll probably use it more often than the others :p

It is a very good idea but i still dont get how it works - lol. Anyway, im watching this thread.

Quite simple : there's at least one private bitcoin key in each of our videos. The first one to get it can therefore empty the associated wallet. As for how to precisely do it (create a wallet, transfer money from one wallet to aother) it's explained in our introduction videos :)

So basically if you're a viewer : find the key, get money.

As for us, the business model is : you watch our videos, that give us money (assuming you're a nice person that doesn't use adblock on our videos :p), we can give that money back in our next videos. And the cycle goes on forever :D

Good idea, looking at things from a different angle :) What exactly do you mean when you say that you find the private key ? I'm a bit confused about that. And how many coins do you plan on giving out ? I does it grow ? 1 in every video ? More then 1 ? 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. :)

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 ?

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

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 :D)

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 !


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  ;D)
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 !

Can you share the stats of viewers?

Are you getting more views to videos with this? Do they die after a certain time?

Do you share a whole private key in the video, or more like a url shortener to just copy paste?  (later can be abused by bots)

I'm interested on your project, but the only thing that I was wondering is how could you make profit from viewers since there are only small few of people who interested in bitcoin, and of course not all of them will get in to this competition, that will be more profit if you have high traffic on your video just saying

I find it unlucky for me. This is an interesting concept to distribute bitcoins and make awareness. Youtube is a fast way to reach common people. Go ahead.

Not sure what you're looking for, subscriber count and video views are public data so... If you're more specific I might be able to help you. Also keep in mind that we're not allowed to communicate things such as CPM.

The evolution is hard to track with our number of videos. Introduction worked better than the episode 1, and episode 2 worked better than the episode 1 (but not as much as the introduction). We intent to keep all videos online, we won't delete them once the key is found if that's what you ask for, so the newcomers can see how an episode looks like and have more chance to win a key when the next video is released.

A whole private key is shown, you can't select the text, you have to type it manually. Of course it depends of the video : we might put one character at a certain moment, then another one at another moment, etc. But no shortener :)

The main attraction is older than bitcoin : Win free money by watching our videos, without inscription/sharing informations or whatever. We don't specifically target bitcoin aware peoples. We take the "introducing people to bitcoin" part as a nice bonus though ^^ But yes, to be sustainable, we'll need a decent/high traffic on our videos, so we're starting with bitcoiners, because they'll be probably more receptive at first. After that we hope that the viewers will spread the word and that the traffic will increase :)

As you said above that Introduction worked better because it was short and crisp and users could view the full video. The episodes 1 and 2 were lengthy so the users (including me) didn't watch the whole video. I suggest that you make shorter videos. About 10 - 12 minutes maximum would be fine.

I subscribed your channel and eagerly looking for future uploads. 

You can make a crowd funded giveaway and make it a big contest on special days. Plan it ahead in earlier and prepare well to host the video. You can start to host a contest from now for xmas.

Some short videos are planned, less based on luck, but the long ones will stay so that the "lottery" feeling is still here.
Idk, seems to me that the episode 2 is by far the most funny to watch / play. It's a quizz, you answer. You can finish it in 3 minutes.  We don't actually expect people to watch the 2 hours of course ^^ But we need enough screentimes to print 1+2+3+4+5+6+7+8+9+10 questions

The goal of making long videos like episode 1 is that it's more fair for everyone to get the key. With a 10/12 minutes video, if I'm 5 minutes late after the upload, almost no chance for me to get the key. Whereas with a 2H video, it's more on luck, which is the purpose of it. We don't want it to be always the same person to win : the one always there when we upload / the one with the best culture (in the case of episode 2). So we add some random like this. If you see a short type of video that is based on luck, feel free to propose it though :)

Love the idea ! But the famous crowdfunding sites don't allow you to make tombolas or stuff like that, so we don't see ourselves creating a company just for that.
However you can already donate bitcoin to the channel, it will be 100% redistributed in the next videos.

Well nice idea, I'll take a part in this project, yeah i love your idea watching videos while making or earning bitcoin, also introducing bitcoin to the people it such a briliant idea, so when is this project begin??

This project has started just recently. From the youtube page, the first video (introduction part 1) the first video was uploaded a month back and the most recent one was uploaded a week before.

if you like watching videos while earning bitcoins may you like my project aswell :-P

Site: http://hitcoin.cf/

Support Thread: https://bitcointalk.org/index.php?topic=1414118.0

sorry for the advertisment here ^.^

First post edited for more clarity and informations.