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Author Topic: The Bitcoin 100  (Read 1410 times)
TheBitcoin100 (OP)
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January 05, 2017, 06:36:23 PM
Last edit: January 05, 2017, 11:05:47 PM by TheBitcoin100
 #1

I'd like to introduce BTC

http://www.thebitcoin100.com

The Bitcoin 100.

A very simple game. Pick a number 1 - 100 after 6 hours the winner is selected and you win the jackpot

Random number selector

The cost of a square is only 0.001 BTC

There is 0% fee for the first week, meaning the winner takes home 100% of the jackpot.

Please have a try at http://www.thebitcoin100.com

Feel free to leave any questions, comments, and suggestions down below.


********************************************************************************************************


FAQ

What types of payment do you accept?

We only accept bitcoin.

Do I have a higher chance of winning if I send more bitcoin to the box address?

No, each box has to same probability of winning no matter how much money you send. One way to increase you chances of winning is to purchase multiple boxes.

When does the timer start?

The timer will start once there are at least 2 boxes bought (green).

What happens if my box is awaiting confirmation (orange) when the contest ends?

Your box will transfer over to the next contest.

How many confirmations does my payment need?

We only require 1 confirmation in order for your box to be included.

How much does each box cost?

Each box costs 0.001 BTC.

Are there any fees on the jackpot?

For the 1st week, there are 0 fees of any kind!

 
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January 05, 2017, 07:20:35 PM
 #2

Neat idea. I like the site it is simple and clean. Nice white background. I think you need some graphics though.
I think this Ann should have a few graphics and what about you make a logo for yourself ? A logo could be good.

TheBitcoin100 (OP)
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January 05, 2017, 09:07:29 PM
 #3

We have a new logo being made. We wanted it simple to use and simple to win. Its a very easy way to build up your BTC.
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January 05, 2017, 09:55:04 PM
 #4

Random number selector

More details about it please, is it provably fair? If it is, how to verify?
If not all boxes are purchased,  how if the winning box is the one which is not purchased? will you draw till you get the winner?

Regarding Jackpot? What do you mean by jackpot? I dont see anything about jackpot, I think what you mean is the total pot of bought boxes.
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January 05, 2017, 09:56:25 PM
 #5

Hey there!

Just to tell you that the idea is good for sure.
The design isn't perfect, it's very cheap but after all if the site is completely new it's rather normal, no problem with that.
But 20% House edge... Wow, that's a freaking high fee. Especially for a new site!
It's just that as you may know you are NOT the first one to create a jackpot kind of site but most of the other sites aren't taking so much, 20% is too much sorry.

Oh and saying it's provably fair isn't enough you got to prove it ^^

But congrats on finishing your site I hope you'll succeed Smiley


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January 05, 2017, 10:03:45 PM
 #6

If some spots are'nt bought, is there a possibility that the selector will chose one of those as the winning spot? Also, you should probably add a chat to your site, it looks dead. I like the idea and the interface tho, the game interface is clean

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January 05, 2017, 10:53:33 PM
 #7

If some spots are'nt bought, is there a possibility that the selector will chose one of those as the winning spot? Also, you should probably add a chat to your site, it looks dead. I like the idea and the interface tho, the game interface is clean

Ahahahah xD
Well, I'm not the site creator so I won't answer but the answer should be obviously no.
Because if the script can select another spot then it's PLAIN AND PURE SCAM! Especially as the timer starts after 2 boxes were bought. That would mean that 98 other players have to enter the game (or at least that 98 other boxes have to be bought) in order to actually reach the 80% redistribution they're claiming (which is already not a really high redistribution).

I didn't even think about that but it should be stated in the OP to be clear you're right.


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January 05, 2017, 10:58:42 PM
 #8

If some spots are'nt bought, is there a possibility that the selector will chose one of those as the winning spot? Also, you should probably add a chat to your site, it looks dead. I like the idea and the interface tho, the game interface is clean
We only select from the boxes that are paid, so there is no possibility of the choosing an empty box. Also, thank you for the suggestion of implementing a chat, we will definitely work hard to do this.

Hey there!

Just to tell you that the idea is good for sure.
The design isn't perfect, it's very cheap but after all if the site is completely new it's rather normal, no problem with that.
But 20% House edge... Wow, that's a freaking high fee. Especially for a new site!
It's just that as you may know you are NOT the first one to create a jackpot kind of site but most of the other sites aren't taking so much, 20% is too much sorry.

Oh and saying it's provably fair isn't enough you got to prove it ^^

But congrats on finishing your site I hope you'll succeed Smiley
Thank you for the kind wishes. We agree that the house edge is too high, which is why we decided to remove it completely for the first week. After that we will decide a fair amount to set it at so that everyone is happy!


And finally, to address the issue of provably fair. We have not implemented a feature for checking, but we will work hard to do this as soon as possible as well.
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January 05, 2017, 11:03:29 PM
 #9

what is the system your site
roulete or lotto lotery, use probably fair or not
if placed bet minimum 100k satoshi, how much can get reward

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TheBitcoin100 (OP)
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January 05, 2017, 11:08:49 PM
 #10

what is the system your site
roulete or lotto lotery, use probably fair or not
if placed bet minimum 100k satoshi, how much can get reward
We are a lottery site, your reward depends on how many other people enter. If 2 people enter, the jackpot is 0.002 btc. If all 100 enter, the jackpot will be 0.1 btc.
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January 05, 2017, 11:37:24 PM
 #11

Hey there!

Just to tell you that the idea is good for sure.
The design isn't perfect, it's very cheap but after all if the site is completely new it's rather normal, no problem with that.
But 20% House edge... Wow, that's a freaking high fee. Especially for a new site!
It's just that as you may know you are NOT the first one to create a jackpot kind of site but most of the other sites aren't taking so much, 20% is too much sorry.

Oh and saying it's provably fair isn't enough you got to prove it ^^

But congrats on finishing your site I hope you'll succeed Smiley
Thank you for the kind wishes. We agree that the house edge is too high, which is why we decided to remove it completely for the first week. After that we will decide a fair amount to set it at so that everyone is happy!


That's a smart thing to do! I'll try your site tomorrow then.

But just a little tip: you should buy a few boxes yourself.
Indeed to attract customers you have to put some coins that other players might have the chance to win! I don't want (and nobody wants) to have to send money and then hope for 6 hours that someone else will pay and then hope again that it hit my boxe.
Whereas if you buy for example 10 boxes yourself, then anyone who goes on the site will see what that they can win a 0.01 jackpot or even more if they bet here.

And on average it shouldn't cost you anything =)
Quote
And finally, to address the issue of provably fair. We have not implemented a feature for checking, but we will work hard to do this as soon as possible as well.

That's a strange thing but very important. Provably fair is a bit a magical word. I never checked myself if a site was provably fair but I only play on site that say they are. The stupidity of people yeah xD


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TheBitcoin100 (OP)
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January 06, 2017, 12:11:56 AM
 #12

That's a smart thing to do! I'll try your site tomorrow then.

But just a little tip: you should buy a few boxes yourself.
Okay! I will buy some boxes! Good luck to you  Tongue
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January 06, 2017, 12:55:37 AM
 #13

My questions/concerns:

1. What is the system you are using to determine the winning box? You said you use random number generator - care to elaborate more: which one, how it works?
2. Even if you use reputable random number generator - but there is not way for players to check the process - whole idea of the game being presented as fair is lost.
3. Each box costs 0.001 BTC and the current jackpot is 0.001 while chances of winning are 1:100 - So with current jackpot there is literally zero incentive to play the game.
TheBitcoin100 (OP)
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January 06, 2017, 02:46:47 AM
 #14

My questions/concerns:

1. What is the system you are using to determine the winning box? You said you use random number generator - care to elaborate more: which one, how it works?
2. Even if you use reputable random number generator - but there is not way for players to check the process - whole idea of the game being presented as fair is lost.
3. Each box costs 0.001 BTC and the current jackpot is 0.001 while chances of winning are 1:100 - So with current jackpot there is literally zero incentive to play the game.


1. Currently, we are just randomly selecting a row from the database using the sql rand() function. We would like to implement a provably fair alternative in the near future.
3. The jackpot you see on the site goes up every time a user purchases a box. That is not the final amount.
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January 06, 2017, 07:33:46 AM
 #15

1. Currently, we are just randomly selecting a row from the database using the sql rand() function. We would like to implement a provably fair alternative in the near future.
If you are selecting in this way it can't be said as provably fair method because players can't verify that you have picked winner by this method. Also you are selecting 1 winner out of 100 boxes in 6 hours time period, but i doubt there will be 100 participants always within that 6 hours period so if you pick up winning box that have never been purchased than where does that jackpot goes.

It looks like you are trying to modify site currently, hope you will find out way to overcome this types of confusion.
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January 06, 2017, 08:37:15 AM
 #16

I tried to visit your site but it says.

Quote from: thebitcoin100.com
Hello, we realized that we may have launched too early and that there are some things we need to fix.

We took the site down to address these issues such as a bug-free and provably fair game.

For those of you who did participate in the first game, the winner was #77. Congratulations!

For those of you who did participate in the second game, the winner was #9. Congratulations!

We hope we can be back online as soon as possible. Please enter your email in the form below to be notified of when we are back online. Thanks and we are sorry for the inconvenience!


I guess I miss to join your game earlier, do you know when it is exactly going to be back so that I can try it out. Too bad I already missed out the 0% fee. By the way, I will just follow this thread and will wait for some updates.

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January 06, 2017, 08:45:06 AM
 #17

You should show incoming and outgoing transactions to prove that people are actually playing and that they are being paid.

Idea is nice though, clean and simply, it may attract some people if it looks less text based.
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January 06, 2017, 08:58:02 AM
 #18

You should show incoming and outgoing transactions to prove that people are actually playing and that they are being paid.

Idea is nice though, clean and simply, it may attract some people if it looks less text based.

Yeah being transparent can bring him up some gamblers but still he needs to furnish his site right away so that we can try it out.

And with the concept of the game I guess is not very far with 64blocks.com but still this type of games are going to be unique.

Making the gambling industry to have some more attractions.

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January 06, 2017, 08:58:39 AM
 #19

For starters, I'd like to suggest a few things
1. Your website design is neat. However, there should be 3 tabs. First to show deposit address and the block we want to invest in. Show our current balance, chances of winning, the number of tickets bought and ticket number(s). There should be a bar showing the number of blocks filled and the amount left. An approximate time for the ticket drawing should be displayed accordingly.
2. The second page should show FAQ, why invest in your website, Bitcointalk link and your email address for support.
3. The third page should show all the transactions made for that jackpot along with the email address of users who deposited and their choices. Winner should be decided and their transaction must be shown along with their email address. Your website should be absolutely scam-free.
4. I assume, you should tip the winner 0.001*95 = 0.095BTC and keep the rest 0.005BTC for yourself.
5. All these above methods still aren't enough for trusting your website. Show us that you are trustworthy from your actions.
Good Luck!

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January 06, 2017, 10:09:23 AM
 #20

Code:
Hello, we realized that we may have launched too early and that there are some things we need to fix.

We took the site down to address these issues such as a bug-free and provably fair game.
Well, hope that you will make another launch soon.
I tried to access the site yesterday but there were some errors in my internet connection which avoid me joining the site. New-site supporter is here Cheesy

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