1st post is correct, there will be no more halvings. 10,000 is the final block reward and will not change (unless community agree on any hard-fork changes).

http://www.csullender.com/dogecoin/halving.php

That's all bull shit. I haven't followed the story much, but they seem to have had some serious internal conflicts (between founders?) for a long time. There was some heavy dispute about the ownership, lots of accusations etc on Polish bitcoin forum.

Some say they decided to close down in to avoid paying their debts:


Anyway, it's probably for the best.

For many things - yes, but how are you going to test polls, locking/unlocking, editing, deleting and moderating threads with 'preview'?

Not really works for crowdfunded sites (with investment option). If the operator takes commission from the amount wagered, he doesn't really have any incentive in rigging the game one way or another.

If the site is on loss, players could take it as indicator that the site is legit, but investors could get suspicious and get the opposite impression. That's what happened to dicebitco.in, one player (likely operator himself) had almost impossible streak of high wins and wiped out most of the investments. That didn't attract masses of new players, but was final blow that killed that site (they had skipping-nonces issue shortly before that).

But most of all, if the site is legit, they don't have any influence on whether the site is currently on profit or loss, so they cannot use it for 'marketing purposes'.

I don't have much experience in lotteries/raffles, but I imagine it could go like this:

- you'd need a record/list of all the current players and their amounts wagered at the start of the week (to exclude this from promo)
- at the end of the week you'd need a similar record (including all the new players), then deduct the above
- now you have a list of all the players and amounts they wagered during the week
- for each player: divide amount wagered by 0.1 = number of tickets. Quick example:
   Pawel7777: wagered at the start of the week: 2.112, wagered at the end of the week 3.7798.
   3.7798 - 2.112 = 1.6678 / 0.1 = 16.678 - rounded down to 16 tickets

- now you have a complete list of eligible players + number of tickets each of them has earned. The total tickets number won't be known until the week ends.

- next step is to give each ticket its number and assign those to players. Example, let's assume there are only 3 participants:
  player 1 (earned 21 tickets)
  pawel7777 (earned 16)
  player3 (earned 8 )
There's no need to randomise it imo, so lets keep it simple:
  player1 gets tickets numbered 1-21
  pawel7777 - 22 - 37
  player3 - 38 - 45

At this stage, it would be a good idea to make it public for transparency (google doc or post in this thread) so everyone knows their tickets' numbers.

Next of course is the draw. You could use an external site for that (preferably one allowing excluding player who has already won) or even roll the dice on your site.


+1 for ticket giveaway. Don't see any reason why not. I want 1 free ticket for the idea

As for allowing players to buy tickets - if you do that, you'd probably need to allow players to win multiple times (I don't imagine anyone keen to buy if they can win only 1 prize).

If the whole purpose is to promote the site (reward existing players and attract new ones), you should do 1 player - 1 win limit.
If there are total of say 21 prizes (1 big and 20 small) then you have 21 happy winners, each of them with positive impression of PRC and each of them more likely to come back and play.
But then again, there's nothing to prevent anyone from creating multiple accounts and abuse the system, so maybe there's no point in such limit...


Also, the 0.1 wagered = 1 ticket was just an example. Maybe lowering it to 0.01 = 1 ticket could give a better results by attracting more people?
You can easily get 0.1 even with very small deposit, but some less experienced players are not aware of that and it could seem too high for them.

Also, make sure every game is included, not only dice, but if you want to limit the promo to dice only, make it clear from the start.

He can always delete them (if there are no replies), 'preview' is a good feature, but you can't test polls this way and that's what he mentioned in the OP

Just go to off-topic board:

https://bitcointalk.org/index.php?board=9.0

and play around with creating threads, polls etc.

You can put a short disclaimer:

"I'm just testing forum options, please do not reply" and delete it once you're done. That's just so the mods won't ban you for spamming (but there's high level of tolerance in off-top)

The last promo was pretty good, with physical items as rewards (+ equivalent in BTC option). But after few days many realised they don't have much chance to win anything, so the competition was limited to few players.

What about promo-lottery?:

- multiple rewards (preferably physical items). 1 main reward (higher value, i.e. tablet etc) and many (the more the better) lower value items.
- set period of promotion (say 1 week)
- every 0.1 wagered (any game) during the period = 1 lottery ticket (0.1 seems pretty low, but otherwise it could discourage small players)
- 1 player can win only once.

This way everyone will have a chance of winning and will have incentive to be active throughout the whole period, but still, the ones who wager more will have higher chance.

Just an idea...

I do understand where you coming from, but every site needs big winners. People wouldn't trust the site if there were no winners. Plus, most of such winners will likely come back for more... you know what that means.

But I don't expect anyone to gamble big today, it's Fri the 13th after all, and many gamblers are pretty superstitious.

What's random about Poland? They've got ~15 million customers there.

Which country wouldn't be random and why?

You don't know that. For such high value items, dealers could be pretty flexible and open-minded. If they know (roughly) what the Bitcoin is and that it can be quickly exchanged to fiat, if they know you're a serious customer and if the agreed price is right (protecting them from rate fluctuations etc) there's a big chance they would agree to take BTC as a payment.

That's the point, it hasn't been publicly revealed yet. I guess the only people who know more details are investors and 21 Inc themselves.

But I'd expect them to shed some more light rather sooner than later.

Also, you can sign up for email notification on their website.

Missed that voting request.

I also think it's a good idea. Privacy has nothing to do with that since post count and rates are public anyway, also you could just enter anyone's UID and check their earnings.

Nah, it must be something bigger than ATMs or yet another exchange. We already have enough of those and I don't think they would raise a record amount if it wasn't really unique/revolutionary.

Time will tell. You can sign up for the email notification on their website:

https://21.co/

The only objection I have is that payment reduction should've been announced during the first week (effective from next week) not after the 2nd week has started (for most). Otherwise is not in line with the camp. manager - participants agreement, you shouldn't be changing the rules during the period in question.

+1


Fair enough. Strict but clear rules are better than the vague ones.


I personally prefer weekly payments. Same-time payment for everyone seems fine (think Fri or Sat are best)

I posted this for informational purpose (as I didn't know that there already is a thread about this).

You want my opinion on a start-up which operations are not revealed and remain secret? They have a nice name.

If you have anything to contribute - don't be shy.

Think he meant that Bitcoin is 'cryptocurrency' not 'money', but he's wrong as 'money' is not limited to 'fiat money'.

If you don't know what to do with domains, you can list them for sale on Marketplace board.

bit.social sounds really good, but cannot think of any type business it could be used for, other than maybe some social networking (not necessarily bitcoin related), but we already have plenty of those. I wouldn't be selling this one cheap though.

Sorry, didn't mean to duplicate, I did forum search before posting but it's pretty useless...

Some big news from yesterday. A record funding of $116 m raised by secretive Bitcoin startup "21 Inc."

The nature of 21's operations is yet to be revealed.

List of investors include chipmaker Qualcomm, PayPal co-founder Peter Thiel and renowned venture capitalist Andreessen Horowitz.

http://www.wsj.com/articles/big-names-put-cash-in-bitcoin-startup-21-inc-1426029318


Can't wait to hear more details.

The official (I assume) website for 21 inc doesn't say much for now:


https://21.co/