I have lent pizza 4 BTC.

Due date for 4.4 BTC is June 29

Hi,

I sent 0.01 BTC from my gaming pot to the red bucket
https://blockchain.info/de/tx/423b3436f737a5a2776fe2ceaaebbc41b2fb323667e73b54f19cf6c8752a8870

But the value doesn't get updated (was before 0.01 and is 0.01)
Please fix that or give me a refund.

Edit: I see, only 0.02 of the 0.03 coins were taken on the last drop. Maybe the error hides there.

It is in use at www.satoshidiamond.org the site is still in starting phase, i do not know if it will survive.
They use 40% at the moment.

>We do not, and will not.
Ok, that a clear answer and not claims my math is wrong ^^

And don't get annoyed: Discussion = free advertisement bumps for your thread.
Although you have now provoked me to post the link of a competitor trough your "is not in use" statement

There is a big difference in the approach:
You calculate with 50% of players profits per step
I calculate 50% of last bomb buyers payment as example (this is the extreme where you can go without making loss)
Of course you would set it to something lower to make profit per bomb sell and not only profit per bomb round.
My pot is the total profit you have made before the last player would get the 50% refund.
If you continue your calculation, you will see the 17% rising. This is because the 0.1 are missing completely in your way of calculation and make still a big part of the 0.225.

Doing it like I mean (last buyer gets <=50% back) would still leave previous owners with profit =gain*their buying price and would lower the risk for buyers.
Of course the lower risk should mean, that consolation-price-bomb payers have lower or no chance to get the free jackpot.
A player which buys a Bomb at 1 BTC will never have the chance to get 100% return even if he is the last buyer, because your jackpot never got nearly that high.

Thank you for the answer, but I know my math
A "No, we wont" would have been more honest.
An Example: starting at 0.1, multiplier 1.5, gain 25%, consolation prize 50%:

And so on.
A consolation prize below 50% would give out higher profits, the higher the Bomb gets.
For example: 20% consolation+10% to instant Win Pot would leave you with 20% +0.05 BTC Win.

Why not try it? You could launch a consolation test bomb after the carpet bomb has stabilized.
Btw: I like the group bomb principle too

Your site looks good.
One suggestion:
Implement some sort of consolation prize.

For example a bomb with 1.5 multiplier and 25% gain could have a consolation price of 30% for the last player,
meaning he gets 30% of the coins he paid back. This would leave you with 20% of the last price as profit (+part of the initial value) and nobody would have to risk everything.

I can't understand, why so many people play bitcoin gem when there is this game. No random reset and you won't lose so much if you are the last owner. Is it the thrill of random resets? I like that this game hasn't them.

Ich habe eure Forderung mal weitergeleitet. Wir haben nämlich überhaupt nichts gegen Spenden in Bitcoin einzuwenden.

Ein kleines Problem gibt es: Verwalten lassen sie sich schlecht. Der Staat wird für Bitcoinspenden keine Parteienfinanzierung gewähren.
Deswegen würde eine Möglichkeit gesucht, die Bitcoins in traditionelle Währung umzutauschen.
Natürlich zu bestmöglichen Konditionen und ohne zufällige Wartezeiten. Eine Börse kommt also nicht in Frage. Könnt ihr etwas empfehlen?

Wait what? 35%?

Now you will lose money if the diamond reaches a value of 0.3375.
You can't be serious.

I just used it, no scam.
But on the site is stated that the last guy will get 50% back.
Calculation showed me 0.05 BTC per Diamond for the site owner, regardless of how high the diamond goes.
I also contacted him, you can see payments from and to this address:
https://blockchain.info/de/address/1KK4WkkV9siKe1TiMJ6Csb8JuYQKAezbJA

I bet with my vanity address 1MacrosR8ebnTcNHBY5meYEZ1b8Q3YEyVj and won

According to some  sources transactions are confirmed whenever a new block is found.
Will Bitcoin Transactions break if the difficulty to find new blocks is so high that a new blocks are only found every few days?

Most smartphone clients use an online blockchain too

1MM4iBgBKyLu543c8Wh4qGhwXLFd21rL85

only 1 entry, I don't use Facebook.
Thank you for the giveaway.