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Author Topic: HungerCoins Invest: The odds are ever in your favor.  (Read 14254 times)
iamtheone
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September 02, 2012, 09:16:52 AM
 #101

I'll restart it to 30. Wait.

Done. It's set to 30 now and it will be increased +1 per day until 144. If you have pending bets, it should be processed shortly. Also please read the original post. There is a new address where you can send any amount from 0.25 to 10 bitcoins with the same return rates. Let me know if you have problems.
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squall1066
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September 02, 2012, 09:32:51 AM
 #102

I'll restart it to 30. Wait.

Done. It's set to 30 now and it will be increased +1 per day until 144. If you have pending bets, it should be processed shortly. Also please read the original post. There is a new address where you can send any amount from 0.25 to 10 bitcoins with the same return rates. Let me know if you have problems.

I am a happy bunny now. Also, don't worry about the accusations, your getting off lightly, see dank banks thread, over 20 pages of trolling LOL
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September 02, 2012, 09:50:43 AM
 #103

I'll restart it to 30. Wait.

Done. It's set to 30 now and it will be increased +1 per day until 144. If you have pending bets, it should be processed shortly. Also please read the original post. There is a new address where you can send any amount from 0.25 to 10 bitcoins with the same return rates. Let me know if you have problems.

I am a happy bunny now. Also, don't worry about the accusations, your getting off lightly, see dank banks thread, over 20 pages of trolling LOL

If you have pending payments, just wait a while. It's still catching up from 144 ago to 30 confirmations ago at the rate of about 3 per minute.
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September 02, 2012, 08:47:05 PM
 #104

I noticed some of you are still sending multiple 0.25 to second address. Please be informed you can now combine that up to 10 btc and send to 1Fhoq69gYN5a61Yhv3Rc3ufCkDiryqybVK. This way you can save in transaction fees.
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September 02, 2012, 09:46:03 PM
 #105

I noticed some of you are still sending multiple 0.25 to second address. Please be informed you can now combine that up to 10 btc and send to 1Fhoq69gYN5a61Yhv3Rc3ufCkDiryqybVK. This way you can save in transaction fees.
That's an improvement, but why the 10 BTC limit? If you need a new hash to gamble on, just take SHA256(txid) for each subsequent bet.

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September 03, 2012, 01:11:04 AM
 #106

I noticed some of you are still sending multiple 0.25 to second address. Please be informed you can now combine that up to 10 btc and send to 1Fhoq69gYN5a61Yhv3Rc3ufCkDiryqybVK. This way you can save in transaction fees.
That's an improvement, but why the 10 BTC limit? If you need a new hash to gamble on, just take SHA256(txid) for each subsequent bet.

I would imagine a 10 BTC limit as 2000% on 10 is 20000.

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September 03, 2012, 02:24:27 AM
 #107

Yeah that would break the bank I am sure.

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September 03, 2012, 03:15:26 AM
 #108

I would imagine a 10 BTC limit as 2000% on 10 is 20000.

2000% of 10 is 200.  You don't just multiply, or 100% of 1 would be 100.

I wonder if people are sending 40 separate 0.25 bets rather than one single 10 BTC bet because that way they have 40 separate chances to 'win the jackpot'.  Perhaps you could treat a bet of 10 BTC as 40 separate 0.25 bets and calculate the winning for each separately (but appending a different number to the txid or block hash before rehashing it, and sending the resulting winnings in a single output.  That way people get the reduced variance of betting lots of small bets without needing to spam the network.

Also, I'd suggest not mentioning the original 0.25-only address in the OP, since that's the one people see first.  Some probably stop reading before they get to the new address at the end of the OP.

Just-Dice                 ██             
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dooglus
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September 03, 2012, 03:20:35 AM
 #109

I would imagine a 10 BTC limit as 2000% on 10 is 20000.

2000% of 10 is 200.  You don't just multiply, or 100% of 1 would be 100.

I wonder if people are sending 40 separate 0.25 bets rather than one single 10 BTC bet because that way they have 40 separate chances to 'win the jackpot'.  Perhaps you could treat a bet of 10 BTC as 40 separate 0.25 bets and calculate the winning for each separately (but appending a different number to the txid or block hash before rehashing it, and sending the resulting winnings in a single output.  That way people get the reduced variance of betting lots of small bets without needing to spam the network.

Also, I'd suggest not mentioning the original 0.25-only address in the OP, since that's the one people see first.  Some probably stop reading before they get to the new address at the end of the OP.

Just-Dice                 ██             
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iamtheone
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September 03, 2012, 03:30:47 AM
 #110

Thanks for the insights. That will be considered. The only reason why it's one bet per transaction is because it is simple for bettors to see the last N digits of their transaction hash as their ticket number and as soon as it is included in the block, it is easy for them to know if they won or not and how much they won.
dooglus
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September 03, 2012, 03:36:10 AM
 #111

Thanks for the insights. That will be considered. The only reason why it's one bet per transaction is because it is simple for bettors to see the last N digits of their transaction hash as their ticket number and as soon as it is included in the block, it is easy for them to know if they won or not and how much they won.

It would be pretty trivial to make a web page that lets the user copy/paste in the txid and block hash and have it display all the bet hashes, winnings, and a total.  Perhaps offer 2 different addresses - one which counts the payment as a single bet, and one which treats it as a series of 0.25 BTC bets?  That way people can decide whether they want the variance or not.

Just-Dice                 ██             
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    ██████████████████████   
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   1% House Edge
iamtheone
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September 03, 2012, 04:01:41 AM
 #112

The original post has been edited already to reflect the changes. And the thread name, too.
iamtheone
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September 03, 2012, 04:04:03 AM
 #113

Thanks for the insights. That will be considered. The only reason why it's one bet per transaction is because it is simple for bettors to see the last N digits of their transaction hash as their ticket number and as soon as it is included in the block, it is easy for them to know if they won or not and how much they won.

It would be pretty trivial to make a web page that lets the user copy/paste in the txid and block hash and have it display all the bet hashes, winnings, and a total.  Perhaps offer 2 different addresses - one which counts the payment as a single bet, and one which treats it as a series of 0.25 BTC bets?  That way people can decide whether they want the variance or not.

Thanks dooglus for the inputs. I'm practicing creating some websites to further expand operations. Still not comfortable with hacking issues.
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September 03, 2012, 04:53:32 AM
 #114

I would imagine a 10 BTC limit as 2000% on 10 is 20000.

2000% of 10 is 200.  You don't just multiply, or 100% of 1 would be 100.

I wonder if people are sending 40 separate 0.25 bets rather than one single 10 BTC bet because that way they have 40 separate chances to 'win the jackpot'.  Perhaps you could treat a bet of 10 BTC as 40 separate 0.25 bets and calculate the winning for each separately (but appending a different number to the txid or block hash before rehashing it, and sending the resulting winnings in a single output.  That way people get the reduced variance of betting lots of small bets without needing to spam the network.

Also, I'd suggest not mentioning the original 0.25-only address in the OP, since that's the one people see first.  Some probably stop reading before they get to the new address at the end of the OP.

Oh right :facepalm: math stupidity...

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iamtheone
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September 03, 2012, 08:52:21 AM
 #115

Started a general discussion thread entitled:

HungerCoins: sustainable or not?

https://bitcointalk.org/index.php?topic=105578.0
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September 03, 2012, 04:55:59 PM
 #116

I get it's unlikely, but, what if someone hits one of the top 2 "prizes" with a large bet before things are saturated - especially before the Lottery has taken off (assuming it does?) - what will happen?
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September 03, 2012, 07:35:11 PM
 #117

Aw what the Heck I'll take a bite of this apple ...
https://blockchain.info/tx-index/19054056/549272718f6f4c93e5b6bd4ba2a845c9a53d54d508751e2ea602461696d324a4
https://blockchain.info/tx-index/19054011/b18b1af5d3461d2404632c6d950a2a58e80552db0db0e118068f6c0f9ffef59a
Let's see if we get my coins back in what? Eta 12hrs?

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September 03, 2012, 07:41:59 PM
 #118

Aw Man I just realized I have no way of "proving" a payment I made via GLBSE what adress it came from so can't look it up via blockchain. For all I know everything from GLBSE comes from one adress.
Any help guys?

Withdrawal history
Amount   To address   Date
-0.25   1Fhoq69gYN5a61Yhv3Rc3ufCkDiryqybVK   2012-09-03 01:19:40

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September 03, 2012, 08:54:38 PM
 #119

Aw Man I just realized I have no way of "proving" a payment I made via GLBSE what adress it came from so can't look it up via blockchain. For all I know everything from GLBSE comes from one adress.
Any help guys?

Withdrawal history
Amount   To address   Date
-0.25   1Fhoq69gYN5a61Yhv3Rc3ufCkDiryqybVK   2012-09-03 01:19:40

Don't use an exchange wallet for things that need to return to the sending address. Undecided
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September 03, 2012, 09:06:49 PM
 #120

Yeah crap I know that *NOW* thought I could save the 2 extra transaction fees by sending strait from where I had my funds at the time. *poof* 0.25BTC gone T_T.

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