Lucky coin Idea

[gravitate]

10 Coins will be made per week. I will fund all 10 with 0.01BTC and a random one with 1.0BTC. You can chose which number you want to be in the coming weeks. The randomness is guaranteed by a trusted Escrow member on here who assigned the prefunded addresses to the numbers (the escrow never sees the full public key to make sure it is 100% fair).

Payments will be made Wednesday- Friday. If you are late paying you delay everyone elses coins.

For 1 and 2 week the public keys will be not disclosed. From weeks 3 Onwards there will be a full set of public keys released.

Here are the buyers so far:





LUCKY ADDRESS FOR WEEK/ ROUND 3:
1FbSGHja7DV8Y7wxYzVF9vb3nuXaRrNKPf
17ME8mfmx2RzAjiKBt1FDB8YAEZBkbd8yt
1AJiC54JPUZtHTjbs4ehCwmnCaVVJMwRm6
1NHqcynTLUyyBs9EGoApgmDPpaZAGokG2z
199T6KZheTJ8f2YPM3JVju1XbLvyBg4BUh
1MJrTq6rLWryDzx8A8SXFEw3Fd7shnWbBb
1KDeQvGsPV9HCa8eynxtAZLNCcUJirciXH
1ACyDKarGSsuVR7roMpPTL1ZaFrUoJmTz5
1EWWzV1Q79UEQqmqRRCZXm5endzyqjCLN6
1AUdUkBjYWqJ1EVqMZr5L5TGbkfW3qvBiq

[1714195479]

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[markj113]

Ill take one and try my luck.

I am in the UK too, any chance you could take bank transfer or paypal gift (fully verified) for payment.

[gravitate]

Sure can do that no worries. Will wait for few more peoples thoughts. Then if popular will start the project

[TheNewAnon135246]

Love the idea. Put me on the imaginary list for 1 2!

[bithalo]

Are these a Microsoul .01 Brass with a generic holo?  Either way, I'll take one.

Any news about the lunar or Philosopher coins?

[monkeynuts]

For transparency (just like in a lotto, like this is), it would need to be seen that there is a named winner

I am not questioning your integrity here, far from it. I am just thinking you need to have thought of a mechanism to protect your integrity against any possible calls of foul play (from the 9 or 19 coin holders that didnt win).

Will you have any idea of which is the winning coin ? (if the winner decides not to come forward)

Love the idea though. Interested !

Will the coins appear in any way different to the standard 0.01 coins ?

[gravitate]

For transparency (just like in a lotto, like this is), it would need to be seen that there is a named winner

I am not questioning your integrity here, far from it. I am just thinking you need to have thought of a mechanism to protect your integrity against any possible calls of foul play (from the 9 or 19 coin holders that didnt win).

Will you have any idea of which is the winning coin ? (if the winner decides not to come forward)

Love the idea though. Interested !

Will the coins appear in any way different to the standard 0.01 coins ?

To make sure this is 100% trust worthy and I do it fairly I am open to ideas to avoid a naming a winner or I can publicly name the winner if thats what you like.

The winner wins. The other people can then sell the coins at the same value they bought if the winner is not yet named. If the winner is named then the remaining unopened coins will be worth a lot less.

I was going to leave this up to the community who brought it to decide if its a good idea to tell everyone who wins or not.

ps. I will know which public address I sent the 1 BTC to as they will be funded before the sale. I will know which buyer orders the winning coin. I suppose there is a chance that I make a user name on here and buy the winning coin off myself but its not really my intention to do that. Its probably the same level of trust you have with mining pools or even with physical crypto makers in the first place. I have plenty of spare coins so if I can do this every week for 2 months then it gets a buzz going around my coins and also make the small amount of money that normally would be wasted on the spare coins.

They will 100% be identifiably different to the standard ones.

[gravitate]

Any news about the lunar or Philosopher coins?

Yes, any news?
https://bitcointalk.org/index.php?topic=1127224
This seemed to be a novel idea in buying/collecting cryptos!!

These coins are in production. i have to speak to CI about the terms of sale but they will be released soon enough.

[Poloherb]

Interesting option for game. I would be happy to take one coin.
I wanted to remind that other projects have been not completed. I do not want caw.  But it was strange situations in the history of Bitcoin with PRE-ORDERS

[gravitate]

Interesting option for game. I would be happy to take one coin.
I wanted to remind that other projects have been not completed. I do not want caw.  But it was strange situations in the history of Bitcoin with PRE-ORDERS

Its a valid point. I updated the thread about them and offered a small token as a gesture to display me feelings on the lateness. I did feel a bit uneasy starting this project with the other not complete yet but I am waiting for the re issue of coins and there is nothing I can do right now to speed it up
.
If I didn't take pre orders I would still have had the quality issue. It isnt a financial problem for anyone it is merely a delay in final production. there is no risk of me going bankrupt and there is no risk that the coins will not arrive in your hand. If they don't I will refund everyone. I always have projects planned in the physical bitcoin industry and I have had more hiccups than a slight delay so please dont be concerned by that. I will not be taking preorders for the next 2 coins this was just to speed up the project to get as close to the beginning of 2016 as possible.

[Pistachio]

I'm in for one if out of 10 or two if out of 20.

[wttbs]

I am in for 1 or 2

[wttbs]

I have an idea to make it honest/transparant, let me know what you (all) think of it.

- Gravitate asks if a reputated Escrow is willing to help, OgNasty, SebastianJu...
- Gravitate sends Escrow the ten 3-last-public-digits
- Escrow orders the 3-last-public-digits in a top 10 list and keeps it to himself until all ten coins are sold
- Buyer can buy a coin (or several) and specify which number(s) they want to buy, 1 to 10. Gravitate updates the list in the sales topic.
- Once the ten coins are sold Escrow released the top 10 list 3-last-public-digits he made in the sales topic
- Now everybody knows what coin(s) he/she bought and Gravitate can send the coins to the buyers
- This way Gravitate (the seller) doesn't pick which coin goes to which buyer

[miffman]

I have an idea to make it honest/transparant, let me know what you (all) think of it.

1- Gravitate asks if a reputated Escrow is willing to help, OgNasty, SebastianJu...
2- Gravitate sends Escrow the ten 3-last-public-digits
3- Escrow orders the 3-last-public-digits in a top 10 list and keeps it to himself until all ten coins are sold
4- Buyer can buy a coin (or several) and specify which number(s) they want to buy, 1 to 10. Gravitate updates the list in the sales topic.
5- Once the ten coins are sold Escrow released the top 10 list 3-last-public-digits he made in the sales topic
6- Now everybody knows what coin(s) he/she bought and Gravitate can send the coins to the buyers
7- This way Gravitate (the seller) doesn't pick which coin goes to which buyer

I may be a bit confused, but what stops gravitate from selling the coin loaded with 1BTC to a puppet account of his own?

So to replace step 4:

Have each coin labelled 1 to 10 (or any arb number) and then have an escrow generate a random sequence of the 10 numbers (or again, any arb sequence length) which the escrow keeps to himself. Then once all coins are sold/reserved, they get sold and shipped according to the number they reserved (people will still reserve in numbers 1-10, but the escrow will match it with the sequence). 

This isn't fool proof, but I guess it would be harder this way (?)

[wttbs]

I may be a bit confused, but what stops gravitate from selling the coin loaded with 1BTC to a puppet account of his own?

Gravitate is a honest and trusted guy, he would not use a puppet account.

[wttbs]

I have an idea to make it honest/transparant, let me know what you (all) think of it.

1- Gravitate asks if a reputated Escrow is willing to help, OgNasty, SebastianJu...
2- Gravitate sends Escrow the ten 3-last-public-digits
3- Escrow orders the 3-last-public-digits in a top 10 list and keeps it to himself until all ten coins are sold
4- Buyer can buy a coin (or several) and specify which number(s) they want to buy, 1 to 10. Gravitate updates the list in the sales topic.
5- Once the ten coins are sold Escrow released the top 10 list 3-last-public-digits he made in the sales topic
6- Now everybody knows what coin(s) he/she bought and Gravitate can send the coins to the buyers
7- This way Gravitate (the seller) doesn't pick which coin goes to which buyer

I may be a bit confused, but what stops gravitate from selling the coin loaded with 1BTC to a puppet account of his own?

So to replace step 4:

Have each coin labelled 1 to 10 (or any arb number) and then have an escrow generate a random sequence of the 10 numbers (or again, any arb sequence length) which the escrow keeps to himself. Then once all coins are sold/reserved, they get sold and shipped according to the number they reserved (people will still reserve in numbers 1-10, but the escrow will match it with the sequence). 

This isn't fool proof, but I guess it would be harder this way (?)

I think your change of step 4 is a good one.

[miffman]

I may be a bit confused, but what stops gravitate from selling the coin loaded with 1BTC to a puppet account of his own?

Gravitate is a honest and trusted guy, he would not use a puppet account.

I know, and in no way am I saying we have a reason to doubt him, I'm saying that extra security can't hurt anyone. Think of it as a procedure for anyone else wanting to sell coins like this in the future. 

[s1lverbox]

Please reserve 2 for me.
Im from UK also so should be straight forward.

[gravitate]

Ok then... I will fund 10 coins. Then give the digits of public keys to the escrow. I will know which are funded he will not. Then he assignes his own number to them 1-10 . I sell 1-10 on the thread. When all sold then the escrow puts on the thread which digits of public keys people have bought .  I then send out.  So the escrow isn't holding money but merely mixing up numbers as a second security. Also the escrow does have no idea which digits of public keys will win or lose

Is this what you meant? I'm sure an escrow will do this.

[gravitate]

OK I sent a message to Blazedout. I can get this going probably Tuesday.