Cool and innovative idea you have for a new site. However there is some questions here ...
The pot start at 5 USD, where do the 5 USD came from?
How will you earn profit from the site - through advertisement(s) that will be placed in the future?
How can we be sure that you will not fake the winner?
Hmm good point. Well how this works is it doesn't pick a random winner. This isn't lottery. You just have to answer the riddle. It will do a similarity test. if your answer is at least 90% similar to the riddle then you win and it will display a form. This is all done with PHP. But how would I prove it is legitimate. I know its hard to believe because i'm new. But why not try it out once? I'll also be giving away free entries sometimes. I'll be paying for them ofc. I don't make any profit because I don't want to. The pot always starts at 5$ and every person that enters adds 50 cents. I don't take anything from those 50 cents. The 5$ comes from my own money. I have around 250$ in bitcoin so for now i'll simply be losing money.
Looks interesting .. BUt you have mentioned .. 0$ profit for you .. Now i doubt.. any previous games payout or something ? Proof I mean?
He is probably trying out the interest. Once the volume on the site increases, he will probably be placing adds or taking a percentage of the pot. It could also be that he just likes to present riddles to people.
Also about the 5 USD starting pot, if I'm correct if only 10 people enter it will not cost him any money as the 5 usd guarantee is reached. Or is the 5 added anyhow?
Let me explain. This is what i'm doing right now. I'm starting the pot at 5 dollars. Then every person that enters will add 0.50$. I actually lose 5$ USD per game. But this is just because the game is new. I don't want to take any percentage from the pot. What if only 2 people enter? The pot would be at 1$ and that would be boring. But a 6$ pot would be interesting. Until this site becomes fairly popular I won't be taking anything from the pot. After it does become popular I'll most likely take a very small fee to not lose money.
Looks interesting .. BUt you have mentioned .. 0$ profit for you .. Now i doubt.. any previous games payout or something ? Proof I mean?
I will be adding the blockchain transaction's + the riddle to the winners list. So you know how they won and if the money was sent.
The Idea and Concept is very good but the way the OP has presented is fishy feeling scam, because he states that its zero profit site , and also tells that what ever the users deposit go to the pot and the pot is minimum $5 then how come he gets $5 when their are not so much users to this site.
If anyone correctly handle this site or anyone come with this concept with clear way then he can earn a very good and it can be very profitable and get famous like gambling sites.
People can still somewhat believe the owner if he/she said that the profit will come from advertisements. However, starting pot of $5 sound very suspicious.
This site is new man. Don't worry. I have 250$ to giveaway until this site becomes popular. I don't want to put ads. Because ads are horrible and make the site look disgusting. When the site becomes major id most likely take a small fee or something to not lose money. Keep in mind my goal here is not to gain money. Its to get people to love riddles more.
Innovate idea, but you should post past riddles, people to see what is actually happens on your site.
Will be doing that right now. Will also be adding blockchain txid's as proof of payment sent.
Are you good at riddles? Are you a fast typer? Or just a user that wants BTC? If yes.
Then this site is for you! A new method of gambling. If you are smart at riddles you can basically win tons of BTC.
You can even enter before the contest begins. Every day a new contest occurs at 8PM EST. If you want to buy in an entry right now you can. Don't wait till the last minute because bitcoin transactions take time to go through. Once you do buy an entry you simply wait till 8PM EST and then a riddle will be up. The first person to solve it? Gets all the BTC!
Every player that buys an entry into the contest will add 0.50$ to the pot. (I make $0 profit). So what are you waiting for? Try it now.
Link:
http://www.riddlebtc.comHow can we know if this is legit? Like seriously? A newbie poster from out of nowwhere comes with this awesome cool riddle game. A second newbie poster whose very first post is to say, Yay, I won two times in a row.
And OP states he makes $0 profit.
Really?Hate to surprise you but guess what. It is true. I make -5 profit every game. Not 0$ profit. For now thats just how its gotta be. I need people to find out about this site.
Try it out once. Its a 50 cent entry fee. I know i'm new but this site is legitimate. I'll even be posting proof of payment on the winners page.
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If you do decide to enter. I wish you luck. And thank you for helping this site grow.
Hopefully more people will see this.
