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Author Topic: The Great 1.1X Bitcoin Rush--CLOSED!  (Read 2504 times)
RevolutionMaster
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June 23, 2011, 01:22:14 AM
 #21

Sorry about the bloody mess. Someone made me aware of the difference between Eastern Standard Time and Eastern Daylight Time, leading to tons of confusion.

What I, and some people thought was going on: It began at 5:15 (EDT), and it ended 8:00 (EDT).
What was technically right by the statements: It should have began at 6:15 EDT, and it should have ended 9:00 EDT.

When I got back to update the spreadsheet, I mistakenly thought that the round had ended, due to the EST/EDT difference that someone in the sheet made me aware of. There are two ways to approach this: Go with what's technically right, and try to fix stuff, or to declare dictatorship in the interests of a clean solution. In the interests of being straightforward, I went for remediation in the name of truth.

Sorry about the mixup guys.  Undecided


Edit: I'll run a 48 hour round from 10:00 EDT today until 10:00 EDT on June 24th.
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anodyne
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June 23, 2011, 01:53:41 AM
 #22

I suggest you give times in UTC as well. It's a good timezone to use for coordination, since everyone only has to keep track of one time difference. Smiley

Bitcoins: solid enough to build pyramids.
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June 23, 2011, 06:47:06 AM
 #23

This round is still running, and it's running for over 36 more hours. With only a 1.1x multiplication rate, things move! Check out the previous rounds and you'll see!
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June 23, 2011, 07:17:20 PM
 #24

I'm planning on doing an equal input round next, one that'll keep things moving. It'd be interesting.
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June 24, 2011, 02:07:24 AM
 #25

Less than 24 hours remaining until this round ends! Unlike Mt. Gox, more than 10% of the people here regain access to their funds!
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June 24, 2011, 06:07:42 PM
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Less than 24 hours remaining until this round ends! Unlike Mt. Gox, more than 10% of the people here regain access to their funds!
Made me lol.

I'm in the current pot Grin
RevolutionMaster
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June 25, 2011, 02:17:45 AM
 #27

We're going to run a new type of round from 11:00 EDT (6/24) until 10EDT tomorrow (6/25).

In this round, the ONLY amount of bitcoins that you put in is .25BTC at a time, because the reason these get stuck is that some people will put in a large amount, and some people will put in a small amount of bitcoins. If you model this in a spreadsheet, this is the most sustainable type of pyramid. For the first ten people, only one is unpaid at any given moment. For the next ten, two, and so on and so forth.
RevolutionMaster
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June 25, 2011, 03:24:54 AM
 #28

New round! Let's make it move!
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June 25, 2011, 05:06:37 AM
 #29

interesting.. low risk.. kinda slow but I"M IN!
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