Bitcoin Forum

You send me 0.0005 BTC, and I will send you 0.001 BTC, but I will do this only so many times per round. To make sure I wont just rip you off I'll give a range of the number of times I will pay out.

This round I will pay out between 3 and 5 times. Send your payments to 1CCVqTTh72goSUGzKe5w2qjrABnNtaQoFW with an address that can also receive payments

Transactions greater than 0.0005 BTC will be treated as 0.0005 BTC with a donation added. Lower transactions will be ignored

To prove that I'm not cheating as the house, post the address you sent it with as a reply.(this is optional, but recommended)

If you have any questions feel free to post and ask, same with suggestions.

forgive me for being cautious... but why are you being so generous?

I'm not if all 5 people enter, and I cash out 3 times, I will loose 0.0005 BTC, the max I will loose is 0.0025 BTC I choose shitty range numbers for me this time, but I wont next time.

Edit: also it's only 0.0005 BTC, what do you have to loose?

Don't post in this thread anymore, post in the new thread http://forum.bitcoin.org/index.php?topic=19925.0

Edit: ofcourse, if you're stuck as a newbie feel free to post here

Whats the point in sending 0.005? every time i send a BTC i am charged 0.01 transfer fee...

Seems like a loss in the end?

No, its .005 his account, then fee of .005 to swarm account if I read it right ;D

0.0005 not 0.005, you can set your transfer fee to 0, but the minimum fee is 0.0005, so in the end, you end up making nothing, with only a chance to loose something, I need to fix this.


To anyone who sent in bitcoins, they will be refunded as soon as I get 2 confirmations on it, I'm fixing the errors I made in my math. New round, you send in 0.001 and I will send back 0.002, range is 3 - 6 payouts.

Edit: send to same address as before

I sent 0.0005 right before that last post, then sent 0.001. Both of them should be from 1P14789yX9VjxS7jxvFFTn8XyzBD1wfX5n.

As soon as it shows up on http://blockexplorer.com/address/1CCVqTTh72goSUGzKe5w2qjrABnNtaQoFW I'll refund/payout

If someone knows how to make the From: show up as something other than unknown, so I don't have to use blockexplorer, I can pay out quicker

Hmm, It's not showing up from that addr, I'll send the refund and payout to the addrs it came from, tell me if you recv it

I received them.

I sent the .01 btc my receiving address is 1G8fyghVuRbxcgqhgsCJTcp9weUC2wJmpx

I'm out for the night, when I get back on tomorrow, I will process any transactions that I have not processed tonight.

Really really curious as to what is going on here.

I'm back, only 2 people have sent money in, the first 3 are instant payout and the last 3(total of 6) are up to chance. Send 0.001BTC to 1CCVqTTh72goSUGzKe5w2qjrABnNtaQoFW

Edit: hold on, I cant instantly pay out the first two until I get my payout from BTCGuild confirmed, sorry for the wait :(

First two have their payouts, still room for one more before it goes to chance.

Edit: because of lack of popularity, I'm shutting this down, any more bitcoins received at that address will be counted as a donation towards me.

the bitcoin client tells me that this amount exceeds some limit and it needs a fee.

Read the edit above, and, the minimum fee is 0.0005 so you're really taking 0.0015 out of your balance. and getting 0.002 back making a profit of 0.0005

haha, this is so amusing to me.  I still have no clue what is going on, yet for some reason, I don't think this guy is in the wrong because he shut it down before being caught.