I can't think of anything because I'd be lying. I have nothing to offer and no capability to build a website, much less set it up to work by receiving bitcoins and halting transfers until 6 confirmations.
But by all means, go ahead and try my idea.
If it works out for you please send BTC -> 1BYJKxpntNn6TZbM5M5CWkEb8vr8vDcBrr
Actually, my comments were all in reference to the Bitcoin Gem site. Is there somebody here who can program a similar site? Yes. The site is actually very simple. |
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This question has been answered 999999999999999999999 times.
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 This? |
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Address tags enable you to label your public bitcoin address with a short name and external link. Anytime the address is shown on blockchain.info the name and link will be shown. |
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Doesn't that leave the site operator some 50 BTC out of pocket?
Good guy Greg. |
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And thanks for the analysis. I don't know why I keep reading, either, but it is amazing to watch.
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It would still involve in giving away the 'prize' almost for free.
The only advantage for the sponsor would be advertising/marketing.
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Maxmint sure the hell thinks outside the proverbial box, and I like that.
This. That's why I bump'ed it. |
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let's be clear, this is not a scam, the operation is very clear and everyone knows what they play.
+1 |
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I'm having a hard time to understand your logic.
Site owner profit < Last player bid
The last bidder would be paying more than the prize is worth, since the money used to fund the prize is less than the amount paid by the last bidder.
Unless the guy running the campaign is willing to lose money, it's not viable.
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300 BTC? No way this scheme can be that profitable (unless the "buyer" runs away with the last 2 idiots money).
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I think the site has glitched out. Too little payment was sent and it's not confirming.
Maybe 230 BTC is too tempting...  |
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Site owner's making a nice profit.
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Games I've played in the last 2 weeks:
Left 4 Dead 2
Counter-Strike: Global Offensive
Portal 2
Half-Life 2
I'll buy PayDay The Heist when there's a nice promo on Steam.
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Blockchain.info and Electrum.
Voted Electrum since it's where I have most of my Bitcoins.
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