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Author Topic: This is the magnificent bitcoin gem  (Read 16249 times)
BitcoinBasics
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February 04, 2013, 09:49:45 PM
 #81

This could have went down in history. Now its just ....ehh.
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Phinnaeus Gage
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February 05, 2013, 01:03:31 AM
 #82

This could have went down in history. Now its just ....ehh.

No need to fret...



...soon, a commerce site will emerge, based on maxmint's game.

Stay tuned!
velacreations
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February 05, 2013, 10:35:18 PM
 #83

there's still the bitcoin gold bar: http://bitcoingoldbar.com

It still runs on the original idea of the gem.  It's out of my price range, but still cool.

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February 05, 2013, 10:40:27 PM
 #84

This could have went down in history. Now its just ....ehh.

No need to fret...



...soon, a commerce site will emerge, based on maxmint's game.

Stay tuned!

Will it be a Bitcoin diamond?
kokojie
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February 06, 2013, 02:40:22 PM
 #85

This should be moved to the gambling section.

btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
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February 06, 2013, 02:53:11 PM
 #86

One minor tweak I would make to this game: It should have an automatic reset after a certain amount of time of inactivity (say 1 day). When that happens, the site BUYS BACK the gem and resets it to the initial price.

Now everyone has a chance to participate again at the lower price. Otherwise, once the price reaches a certain point you're pool of vict... err "customers" shrinks to near zero.
Phinnaeus Gage
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February 06, 2013, 06:00:15 PM
 #87

One minor tweak I would make to this game: It should have an automatic reset after a certain amount of time of inactivity (say 1 day). When that happens, the site BUYS BACK the gem and resets it to the initial price.

Now everyone has a chance to participate again at the lower price. Otherwise, once the price reaches a certain point you're pool of vict... err "customers" shrinks to near zero.

Won't work, for there's only approximately half the last purchase price in the site owner's coffer.

This could have went down in history. Now its just ....ehh.

No need to fret...



...soon, a commerce site will emerge, based on maxmint's game.

Stay tuned!

Will it be a Bitcoin diamond?

No, purplewolf, it won't be a BitcoinDiamond.
maxmint
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February 14, 2013, 05:25:31 PM
 #88

One minor tweak I would make to this game: It should have an automatic reset after a certain amount of time of inactivity (say 1 day). When that happens, the site BUYS BACK the gem and resets it to the initial price.

Now everyone has a chance to participate again at the lower price. Otherwise, once the price reaches a certain point you're pool of vict... err "customers" shrinks to near zero.

I has an automatic reset after 24 hours but as Phinnaeus Gage correctly says, the system can't buy back the gem, because the price paid goes to the previous owner.
@Phinnaeus: looking forward to your site – is it already in the works?

My PGP-Key: 462D02D8
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Phinnaeus Gage
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February 14, 2013, 05:36:50 PM
 #89

One minor tweak I would make to this game: It should have an automatic reset after a certain amount of time of inactivity (say 1 day). When that happens, the site BUYS BACK the gem and resets it to the initial price.

Now everyone has a chance to participate again at the lower price. Otherwise, once the price reaches a certain point you're pool of vict... err "customers" shrinks to near zero.

I has an automatic reset after 24 hours but as Phinnaeus Gage correctly says, the system can't buy back the gem, because the price paid goes to the previous owner.
@Phinnaeus: looking forward to your site – is it already in the works?

Yes it is! Being developed as we speak (why doesn't this sentence make sense?--you know what I mean). The key part was overcoming the value lost(?) by the last option holder.

The .com domain name consists of 6 letters, two syllables, and easy to pronounce, coupled  with personifying the site somewhat.
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February 14, 2013, 11:44:56 PM
 #90

There's a mistake in the description on the site:

Quote
You can be the next owner of the gem, the current price is 2.63 bitcoins. After your purchase, the gems worth will increase by 15% (0.39 bitcoins).
(my emphasis)

The correct text is:

Quote
You can be the next owner of the gem, the current price is 2.63 bitcoins. After your purchase, the gems price will increase by 15% (0.39 bitcoins).

Just because you're offering something for someone to buy at 2.63 BTC doesn't mean it's worth 2.63 BTC. Only if someone buys it at that price was it actually worth 2.63 BTC to the person who bought it.
maxmint
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February 15, 2013, 06:49:25 PM
 #91

There's a mistake in the description on the site:

Quote
You can be the next owner of the gem, the current price is 2.63 bitcoins. After your purchase, the gems worth will increase by 15% (0.39 bitcoins).
(my emphasis)

The correct text is:

Quote
You can be the next owner of the gem, the current price is 2.63 bitcoins. After your purchase, the gems price will increase by 15% (0.39 bitcoins).

Just because you're offering something for someone to buy at 2.63 BTC doesn't mean it's worth 2.63 BTC. Only if someone buys it at that price was it actually worth 2.63 BTC to the person who bought it.

You're right, there's a difference between worth and price – I just changed that on the site.

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hardcore-fs
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February 16, 2013, 01:53:15 AM
 #92

This is actually a ponzi scheme.

BTC:1PCTzvkZUFuUF7DA6aMEVjBUUp35wN5JtF
velacreations
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February 16, 2013, 02:31:56 AM
 #93

technically, it's a chain game, and people like it.

Phinnaeus Gage
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February 16, 2013, 04:40:37 AM
 #94

technically, it's a chain game, and people like it.

Wait till you see how the concept was turned into a commerce site.
Otoh
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February 16, 2013, 06:54:32 PM
 #95

I would suggest that you recommend the buyers of the gem pay a 0.001 btc (under 3 cents) miner's fee when sending their payment as some of the transactions hang for hours when ppl send with no fee at all (player BitBears recently for over 5 hours I believe) or too low for what is needed to get the confirmations. Better still insist upon this or the tx is cancelled, funds returned & game open again for new buyers.

Anyway I'm enjoying playing 'pass the gem' these last couple of days ~ thanks for making it, a Litecoin version would be sweet with it's faster confirms.

Edit: Bitbears is running a version of this game so that's prob why he jammed up this one that he just ripped off the idea from = pathetic really to see how low ppl will stoop to try & grab a few cents from other's creativity & work.

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velacreations
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February 17, 2013, 01:34:11 AM
 #96

Wait till you see how the concept was turned into a commerce site.
I look forward to it!  I have been waiting for it, let me know if you need any help or advice on the backend of things.


velacreations
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February 17, 2013, 01:44:26 AM
 #97

I would suggest that you recommend the buyers of the gem pay a 0.001 btc (under 3 cents) miner's fee when sending their payment as some of the transactions hang for hours when ppl send with no fee at all (player BitBears recently for over 5 hours I believe) or too low for what is needed to get the confirmations. Better still insist upon this or the tx is cancelled, funds returned & game open again for new buyers.

Anyway I'm enjoying playing 'pass the gem' these last couple of days ~ thanks for making it, a Litecoin version would be sweet with it's faster confirms.

Edit: Bitbears is running a version of this game so that's prob why he jammed up this one that he just ripped off the idea from = pathetic really to see how low ppl will stoop to try & grab a few cents from other's creativity & work.
I didn't even realize my purchase went without a miner's fee.  I normally add a .0005 fee with all transactions.  But, looking back through the transaction history, it appears the game was idle for 1.5 hours.  It also appears that I'm not the only one that forgot his fee...  I'm sorry for that, I did not intend it.  I will make sure that doesn't happen again.

I have no competition with the Gem.  I like that site, I often play it, and I've reset it a time or 2, as well.  I've only ever wished the best for Max and his site.

While BitBears was inspired by the Gem, it wasn't a total ripoff.  One of the things I see with the Gem is that there is a lot of downtime, pretty much every day, as the price maxes out.  That was the idea behind BitBears, to create a game with little to no waiting, there is always a Bear to buy, it moves faster, and the game keeps going.  And while we've had a healthy amount of playing on BitBears, it doesn't have the following of the Gem, and I'm fine with that.  When the Gem maxes out for the day, people come play my game.  I think everyone is happy with that.

Otoh
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February 17, 2013, 11:41:12 AM
 #98

I would suggest that you recommend the buyers of the gem pay a 0.001 btc (under 3 cents) miner's fee when sending their payment as some of the transactions hang for hours when ppl send with no fee at all (player BitBears recently for over 5 hours I believe) or too low for what is needed to get the confirmations. Better still insist upon this or the tx is cancelled, funds returned & game open again for new buyers.

Anyway I'm enjoying playing 'pass the gem' these last couple of days ~ thanks for making it, a Litecoin version would be sweet with it's faster confirms.

Edit: Bitbears is running a version of this game so that's prob why he jammed up this one that he just ripped off the idea from = pathetic really to see how low ppl will stoop to try & grab a few cents from other's creativity & work.
I didn't even realize my purchase went without a miner's fee.  I normally add a .0005 fee with all transactions.  But, looking back through the transaction history, it appears the game was idle for 1.5 hours.  It also appears that I'm not the only one that forgot his fee...  I'm sorry for that, I did not intend it.  I will make sure that doesn't happen again.

I have no competition with the Gem.  I like that site, I often play it, and I've reset it a time or 2, as well.  I've only ever wished the best for Max and his site.

While BitBears was inspired by the Gem, it wasn't a total ripoff.  One of the things I see with the Gem is that there is a lot of downtime, pretty much every day, as the price maxes out.  That was the idea behind BitBears, to create a game with little to no waiting, there is always a Bear to buy, it moves faster, and the game keeps going.  And while we've had a healthy amount of playing on BitBears, it doesn't have the following of the Gem, and I'm fine with that.  When the Gem maxes out for the day, people come play my game.  I think everyone is happy with that.

"BitBears - better odds, lower price..." = no competition? A lot of your reply was more a thread jacking advert for your derived copy cat site than an apology, anyway as you've now promised at least pay a miner's fee in the future so as not to sabotage & spoil this game for others, thanks.


BTC = $c²     My BTC addie = 1otohotohMoQoxHuxLBveQiZcV3Pji3Tc     DASH, Digital Cash = www.dash.org     VIA, The future of crypto-currency = www.via.org 
Node40.com is a leader in DASH hosting, dedicated exclusively to fully managed masternode hosting. Professional, organized and responsive. I've dozens of nodes with them.
CHARITY | MY REP | PREDICTION
velacreations
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February 17, 2013, 03:47:46 PM
 #99

Look at the transactions:
My transaction was sent at 2013-02-16 15:43:09 http://blockchain.info/tx/84b7b17968391d7a9610c02d8cfeefa0a694171dc4aacb0e454991e5662e1b08
The next Gem purchase was sent at 2013-02-16 17:24:02 http://blockchain.info/tx/5c6738e996ce88f7a36d56486cc7332c61e6393ec64e29b769ff54b9febfb3ab

That's a difference of about 1.5 hours. 

Listen, I didn't mean to hang the game up, and I certainly didn't mean you to miss out on 1.5 hours of play on the Gem.  If you look at all of my last Gem purchases, they have always included the miner's fee.  And my future ones will as well.

This is supposed to be fun, it's a game.  Don't take it so seriously.

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February 18, 2013, 05:53:05 PM
 #100

anyone?  Huh

24 h seems to be too short  Cry

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