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Hi
I was just thinking about what happened the last months with bitconica and now bitdaytrade and how it hurts all of us bitcoin supporters.
What is needed is a a kind of independent "review board" or "auditing service" or .... supplied for free to bitcoin business owners or startups or who ever feel the need of it.
The service should be free so that the barrier to entry to bitcoin remains low. The bitcoin community already have talented white hat hackers that reviewed websites and advised of potential securities issues. I think those talented and trusted members should get rewarded for their community work.
My idea is to make use of the forum donation tool to collect funds to support all kind of community tasks by enforcing a donation of 1BTC from members and maybe 10BTC for businesses after a member reach i.e 50 postings. I believe that when reaching this amount of posts it's given that members are interested in following and developing bitcoins further.
I open this for discussion here and hope that some new ideas will come out of it. This is really just an idea feel free to give your feedback or improvement.
Thanks for reading, brian
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Any chance for a ranking that shows how many coins everyone has?
I would rather not publish the numbers yet. It add to the entertainment! |
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hmm interesting, i dont have any bitcoins myself
You don't need any, just sign up and play all for free. If you get in the top 20 you will get your first bitcoin(s) for free, absolute no string attached. You will just need to supply us a bitcoin address so we can pay your prize. Good luck |
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Interesting product!
Some questions:
1. Do you have pictures of the real cards?
2. How can one load the card with bitcoins if it's impossible to sell bitcoins on your exchange due to current lack of volume?
3. Do you accept any external exchange coupons (MtGox, CryptoXchange, BTC-e, Bitinstant...)
4. What will be the differences between the mastercard and the visa card?
Thank you in advance for your answers. Looking forward to this promising new service for our customers.
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Two big affiliate payments went out today.
Thanks goes to all our affiliates to help us market our casino to the bitcoin world. Thank you for your trust in our business I believe you will be quite happy with the result!
We are still working on the live affiliate statistics. I hope to have it online by the end of the month.
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current standing
1 fun-buxxx
2 fun-Threexxx
3 fun-Ranxxx
4 fun-Thxxx
5 fun-ewlxxx
6 Fun-locaxxx
7 fun-scoxxx
8 fun-m6xxx
9 fun-skiz2xxx
10 fun-AdCxxx
11 fun-mojxxx
12 fun-mentixxx
13 fun-Nachxxx
14 fun-optixxx
15 fun-anonxxx
16 fun-Valdxxx
17 fun-therusxxx
Finally we got some real action!
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reload AdCoXX
You still didn't play your last reload, current balance 200 |
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Loving these Ukrainian dealers and winning! Woohoo! Great site!  Is it really live? Yes it's live studio, you can see the bloomberg TV channel on the back of the roulette dealer and compare with your TV set. |
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Hey, is it a problem if it is my first post  ? I've been lurking for a long time but I saw your post and decided to join, so I don't have other posts yet.. My ID is RandXXXXX. Thanks! Hi, no it's not a problem at all, this competition is made for newbies so they can get some bitcoins to play with. Good luck! |
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Reload ValdXXX I guess.. Don't know what went on there but I went from 450 to -101 with just having a 150 bet (max placed), then back to 49 which I lost :/.
Reload will happen on Saturday if you bust out. |
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Ok and now back to 49 somehow.. 401 credits gone  Lets hope I can make it back or something.. You gave the dealer a tip of 151, LOL as it's fun money I will refund you those. |
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Are we allowed to know the (average) credits people have? So we know what we need to be in the top 200, LOL my advise stop when you double your credits and wait for the next update and check your position. |
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I'm a little unsure how to use the fun account as well. Password works with regular one but not with fun account.
You need to log in the flash gaming application, either press on the home page on the "Instant Play" button or go directly here: http://gaming.bc-casino.com/The fun account does not work for the login inside the cashier system. |
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updated standing: 1. fun-locaxxx 2. fun-scotxxx 3. fun-m68xxx 4. fun-skiz2xxx 5. fun-AdCoxxx 6. fun-Threxxx 7. fun-mentxxx 8. fun-ewllxxx 9. fun-Nachxxx 10. fun-anonxxx Still 10 places in the money just for signing up  |
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FYI I've now 1/5 of my deposit after 1/3 of my 100s income so i guess that without "miracle" I won't break even |
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This is how I understood it, so if the next 100 after you deposit 1BTC you are breakeven (less fees) if they deposit more than 1 BTC you win smthg.
No: if the guy just before you deposited 100 BTC and everyone else deposit 1 BTC, then out of the next 100 transactions you'll get 99/199 + 1/100 = 0.5075, minus the fees. Why? It should be 0.01 x 100 = 1 less fees; the previous depositors -100 don't get anything anymore so at time speaking total 128 deposits the first 28 depositing addresses are out of the game so any deposits will be split only by 100. Each new entry gets split between the 100 previous depositors, weighted by the amount they have put in. So if every one puts 10 BTC and you only put 1 BTC, you get 1/991 of each deposit, not 1/100, that is 100*1/991 ~ 0.201 BTC. If you put 100 BTC and everyone else put 1 BTC, you get 100/199 of every new deposit, that is, after 100 deposits of 1 BTC, 100*100/199 ~ 50.25 BTC. For you to win any money, you have to be at the top of the list, or make sure people before you put less than you and people after you put more than you at an increasing rate (because they will start to split the new income with you and since they put more than you they get a bigger share than you). Yes, this correct. So the correct strategy is to deposit more than the max deposit from the 100 previous depositor? |
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This is how I understood it, so if the next 100 after you deposit 1BTC you are breakeven (less fees) if they deposit more than 1 BTC you win smthg.
No: if the guy just before you deposited 100 BTC and everyone else deposit 1 BTC, then out of the next 100 transactions you'll get 99/199 + 1/100 = 0.5075, minus the fees. Why? It should be 0.01 x 100 = 1 less fees; the previous depositors -100 don't get anything anymore so at time speaking total 128 deposits the first 28 depositing addresses are out of the game so any deposits will be split only by 100. |
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you would have to find around 155 people to join the system after you to get even.
You only get paid by the next 100 people joining, so that seems impossible? I missed that part! So in fact, if everyone (including you, the 99 people before you and the 100 people after you) all give 1 BTC, you get your money back, minus the fees. So you don't lose much. This is how I understood it, so if the next 100 after you deposit 1BTC you are breakeven (less fees) if they deposit more than 1 BTC you win smthg. |
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what a great fun that is! I also kicked in some coins, let's see if it beats our casino payout Is your casino payout that bad? If you start here at rank 90, with you and everyone before having bet 1 BTC (which is not the case, there are some big participations), you would have to find around 155 people to join the system after you to get even. Our global payout for current year is 95.3% while some games like live roulette and live baccarat (97.1% respective 100.2% as of today) have higher payouts. I don't know exactly how you calculated the 155 needed depositors but I believe that 155 is not that many especially knowing that some deposited 50BTC at once. Let's see what will come out, it's gambling and it's fun the way it was setup make full use of the amazing bitcoin technology so I like it. |
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what a great fun that is! I also kicked in some coins, let's see if it beats our casino payout |
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