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Alanay (OP)
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October 18, 2016, 08:28:20 PM |
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I know somebody has already made this game for Ethereum, but I believe he chose the wrong market.
The idea of the game is that the main BTC address would need to be sent 1,000 bits to start a 24 hour timer, when the timer dies, the last person to deposit BTC wins.
I want to know would you be willing to spend 1,000 bits for a chance to win this game? Or do you think either it will never end, or people simply won't deposit.
If that is the case, would you change your mind if I let people deposit 10,000 to speed up timer instead of resetting it? So people can build actual strategies?
I would really appreciate your thoughts on this. Thank you.
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topesis
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October 19, 2016, 11:40:37 AM |
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I know somebody has already made this game for Ethereum, but I believe he chose the wrong market.
The idea of the game is that the main BTC address would need to be sent 1,000 bits to start a 24 hour timer, when the timer dies, the last person to deposit BTC wins.
I want to know would you be willing to spend 1,000 bits for a chance to win this game? Or do you think either it will never end, or people simply won't deposit.
If that is the case, would you change your mind if I let people deposit 10,000 to speed up timer instead of resetting it? So people can build actual strategies?
I would really appreciate your thoughts on this. Thank you.
I don't get the message you are trying to convey, the title of the thread and the content seems to present divergent message |
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altcoinhosting
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October 19, 2016, 11:45:38 AM |
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I know somebody has already made this game for Ethereum, but I believe he chose the wrong market.
The idea of the game is that the main BTC address would need to be sent 1,000 bits to start a 24 hour timer, when the timer dies, the last person to deposit BTC wins.
I want to know would you be willing to spend 1,000 bits for a chance to win this game? Or do you think either it will never end, or people simply won't deposit.
If that is the case, would you change your mind if I let people deposit 10,000 to speed up timer instead of resetting it? So people can build actual strategies?
I would really appreciate your thoughts on this. Thank you.
Sounds pretty interesting, but the bitcoin gambling market is pretty full as it is. I'm guessing that when you want to start a game like this, it'll most likely never be used, unless you put a lot of effort into promoting it. A second factor would be a trust issue... As long as you don't use an escrow, or have massive green trust yourself, people won't just sent satoshi's your way... |
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pinoycash
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October 19, 2016, 11:49:32 AM |
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I know somebody has already made this game for Ethereum, but I believe he chose the wrong market.
The idea of the game is that the main BTC address would need to be sent 1,000 bits to start a 24 hour timer, when the timer dies, the last person to deposit BTC wins.
I want to know would you be willing to spend 1,000 bits for a chance to win this game? Or do you think either it will never end, or people simply won't deposit.
If that is the case, would you change your mind if I let people deposit 10,000 to speed up timer instead of resetting it? So people can build actual strategies?
I would really appreciate your thoughts on this. Thank you.
If thats the scenario, no one will deposit on the first 23 hours and 59 minutes. coz everyone will target the last minute deposit in hoping to be the last depositor. |
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altcoinhosting
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October 19, 2016, 11:58:52 AM |
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I know somebody has already made this game for Ethereum, but I believe he chose the wrong market.
The idea of the game is that the main BTC address would need to be sent 1,000 bits to start a 24 hour timer, when the timer dies, the last person to deposit BTC wins.
I want to know would you be willing to spend 1,000 bits for a chance to win this game? Or do you think either it will never end, or people simply won't deposit.
If that is the case, would you change your mind if I let people deposit 10,000 to speed up timer instead of resetting it? So people can build actual strategies?
I would really appreciate your thoughts on this. Thank you.
If thats the scenario, no one will deposit on the first 23 hours and 59 minutes. coz everyone will target the last minute deposit in hoping to be the last depositor. True, altough it'll be rather tricky if the OP asks for a confirmation... That way you would have to be pretty lucky to broadcast a transaction at exactly 59:59 and still get it into a block ... Rules are needed tough to see witch transaction actually wins, because on average, there'll only be 5-7 blocks during the game, so if it becomes popular, i expect several transactions being in the last block (didn't even think about that before your post) |
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digaran
Copper Member
Hero Member
 Offline
Activity: 1330
Merit: 899
🖤😏
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October 19, 2016, 12:16:32 PM |
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So why post this in a place where trust ratings aren't visible? How about if the first block hash of first confirmation of a transaction had xxxxx as first 5 characters or xxxxx equal in number greater than xxxxx wins the bank? that way there is no way to cheat  Example: 21hgt60gkmmffjd944b2g40dgyqopi8bvg67gscxfzz392993022p1oirk59fhb483nbfhvy6u5iekdjj301 vxcegduabr4i69g25fb6l01bgc3f Convert the 5 characters in red above into numbers and if the result was >90000 then that person wins. |
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Alanay (OP)
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October 19, 2016, 01:25:08 PM |
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I don't think you guys understand, each time somebody deposits the timer is reset. So the only time you should be looking to deposit is when everybody else is offline. But right now I'm thinking to maybe let deposits only push back the time by the amount of time transactions took to be confirmed.
As for escrow, would you rather me use the deposit address from somebody on here with lots of reputation? I can do that, then when the game is over he can give me my % and the winner his pot. I think I will ask him soon about it.
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mobnepal
Legendary
Offline
Activity: 1218
Merit: 1006
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October 19, 2016, 07:23:36 PM |
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I think this idea may not wok as you think, the last one to deposit make this game unsuccessful. People will not waste for sure depositing being first so the main question will be who will be one that will deposit to start the game as it is quite certain that within few minute/hour someone else will deposit and become winner.
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Alanay (OP)
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October 19, 2016, 07:56:41 PM |
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I think this idea may not wok as you think, the last one to deposit make this game unsuccessful. People will not waste for sure depositing being first so the main question will be who will be one that will deposit to start the game as it is quite certain that within few minute/hour someone else will deposit and become winner.
No, you don't understand. Even though the last person to deposit wins, every deposit resets the timer. Your only time frame to aim for is when everybody else is offline and not paying attention. Anyway, the website is up and running. I'm looking for testers before I release it. PM me. |
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altcoinhosting
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October 20, 2016, 05:39:22 AM |
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I think this idea may not wok as you think, the last one to deposit make this game unsuccessful. People will not waste for sure depositing being first so the main question will be who will be one that will deposit to start the game as it is quite certain that within few minute/hour someone else will deposit and become winner.
No, you don't understand. Even though the last person to deposit wins, every deposit resets the timer. Your only time frame to aim for is when everybody else is offline and not paying attention. Anyway, the website is up and running. I'm looking for testers before I release it. PM me. Is it on the testnet or the main net? I'd be willing to do a couple of tests with testnet coins, but i wouldn't want to throw real BTC to a domain with no trust (no offence)... |
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Catmony
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October 20, 2016, 08:06:29 AM |
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I think this idea may not wok as you think, the last one to deposit make this game unsuccessful. People will not waste for sure depositing being first so the main question will be who will be one that will deposit to start the game as it is quite certain that within few minute/hour someone else will deposit and become winner.
No, you don't understand. Even though the last person to deposit wins, every deposit resets the timer. Your only time frame to aim for is when everybody else is offline and not paying attention. Anyway, the website is up and running. I'm looking for testers before I release it. PM me. How we can test your platform, you can pm me link but do you gonna give bitcoin for testing or we have to pay from our pockets. Sound intresting and want to see this in action. |
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Hazir
Legendary
Offline
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
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October 20, 2016, 10:43:14 AM |
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Op you said that someone already did this project for Ethereum. Can you post some more information of this ETH project? I can't find it.
Also what make you think that its Bitcoin counterpart will be more successful?
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Alanay (OP)
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October 20, 2016, 12:00:49 PM |
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I think this idea may not wok as you think, the last one to deposit make this game unsuccessful. People will not waste for sure depositing being first so the main question will be who will be one that will deposit to start the game as it is quite certain that within few minute/hour someone else will deposit and become winner.
No, you don't understand. Even though the last person to deposit wins, every deposit resets the timer. Your only time frame to aim for is when everybody else is offline and not paying attention. Anyway, the website is up and running. I'm looking for testers before I release it. PM me. Is it on the testnet or the main net? I'd be willing to do a couple of tests with testnet coins, but i wouldn't want to throw real BTC to a domain with no trust (no offence)... It is on the main. If you'd like I can set the BTC address to your own so you can still test it but you'd be sending the coins to yourself.  I think this idea may not wok as you think, the last one to deposit make this game unsuccessful. People will not waste for sure depositing being first so the main question will be who will be one that will deposit to start the game as it is quite certain that within few minute/hour someone else will deposit and become winner.
No, you don't understand. Even though the last person to deposit wins, every deposit resets the timer. Your only time frame to aim for is when everybody else is offline and not paying attention. Anyway, the website is up and running. I'm looking for testers before I release it. PM me. How we can test your platform, you can pm me link but do you gonna give bitcoin for testing or we have to pay from our pockets. Sound intresting and want to see this in action. I'll be announcing the name and link of the site soon. You would have to use your own BTC but I can set it to your own address to if you'd like. To test the server we need one payment under the minimum BTC to send and one on the minimum including fees and one over it. So one 500 bits, 1,000 bits (including your wallet fees) and finally 1,500 bits. Yesterday we tried testing it with 1,000 bits but the confirmation took around 5-6 hours and the game ended without any deposits and the server crashed. It's fixed now though I believe. Op you said that someone already did this project for Ethereum. Can you post some more information of this ETH project? I can't find it.
Also what make you think that its Bitcoin counterpart will be more successful?
https://bitcointalk.org/index.php?topic=1439839.0The good idea behind Ethereum is he could make it provably fair through contracts, but simply not enough people gamble ETH. So I'm hoping since BTC is easier to obtain and use I will reach a larger audience. The advertising and promoting is going to be extremely difficult though. |
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