ZareliMan
Newbie
 Offline
Activity: 23
Merit: 0
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June 22, 2011, 11:38:57 PM |
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What's the lower and upper limit of deposits ?
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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vivithemage
Member
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Activity: 77
Merit: 10
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June 22, 2011, 11:39:49 PM |
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sorry, i'm a newb, is there anywhere i can read up on this before enter some coins? what is this scheme even called?
You put in money, eventually get 2.25x back!  |
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andrepcg (OP)
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June 22, 2011, 11:52:10 PM |
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PLayer 1 sends 1 BTC. (you get paid @ 2.25 BTC)
PLayer 2 sends 1.25 BTC, so the pot now is 2.25 and PLayer 1 receives his 2.25.
The player 2 only gets paid when someone enters after him and when the pot reaches 1.25*2.25 (=2.8125)
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SmokeAndMirrors
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June 22, 2011, 11:58:29 PM |
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What's the lower and upper limit of deposits ?
1-4 btc. |
Help Bitcoins by buying clothes, technology, books, etc. through people/stores that accept BTC. This will increase overall value of BTC as well as mitigate unnecessary bank transaction fees.
My address -
1EM9HGg1SEa5Bux1rVEPxGqGSfNTTc9EkC
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Morti
Newbie
Offline
Activity: 35
Merit: 0
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June 23, 2011, 12:17:44 AM |
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sorry, i'm a newb, is there anywhere i can read up on this before enter some coins? what is this scheme even called?
Don't join if you don't understand how it works. Each person puts money in the pot in order. When there's enough money in the pot to pay double (or, in this case, 2.25x) the amount sent by the earliest unpaid person, they get paid. This means people who get in early are highly likely to get paid, the people at the end will not be paid. It's always a gamble, but the odds are in your favour depending on how early in the game you are. |
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SmokeAndMirrors
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June 23, 2011, 01:19:44 AM |
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You should not be telling people not to join if they don't understand. If everyone joined, whether they understood or not people would continue to play the same pool and everyone would continue to receive bitcoins consistently. That isn't going to happen right now, but it's a nice thought.
Either way, this one's pretty good. high payouts are always nice.
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Help Bitcoins by buying clothes, technology, books, etc. through people/stores that accept BTC. This will increase overall value of BTC as well as mitigate unnecessary bank transaction fees.
My address -
1EM9HGg1SEa5Bux1rVEPxGqGSfNTTc9EkC
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SmokeAndMirrors
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June 23, 2011, 10:16:23 AM |
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39 hours left on this high payout game
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Help Bitcoins by buying clothes, technology, books, etc. through people/stores that accept BTC. This will increase overall value of BTC as well as mitigate unnecessary bank transaction fees.
My address -
1EM9HGg1SEa5Bux1rVEPxGqGSfNTTc9EkC
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vivithemage
Member
Offline
Activity: 77
Merit: 10
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June 23, 2011, 01:09:26 PM |
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play |
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vivithemage
Member
Offline
Activity: 77
Merit: 10
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June 23, 2011, 06:34:42 PM |
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not much time left!
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SmokeAndMirrors
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June 23, 2011, 08:07:40 PM |
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Is there any specific reason why all of the payouts were not to my address even though I was owed 4 btc and there was 20 in the wallet?
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Help Bitcoins by buying clothes, technology, books, etc. through people/stores that accept BTC. This will increase overall value of BTC as well as mitigate unnecessary bank transaction fees.
My address -
1EM9HGg1SEa5Bux1rVEPxGqGSfNTTc9EkC
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vivithemage
Member
Offline
Activity: 77
Merit: 10
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June 23, 2011, 09:14:05 PM |
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Do the math, I am pretty sure i'll be skipped  Put in 4BTC for no reason, LOL. |
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SmokeAndMirrors
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June 23, 2011, 09:22:37 PM |
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pretty sure the host dropped this game 30 hours before it was schedules to end. Seems he's taken the coins and ran. A refund would be nice to people if you planned to start a new game up before this one even ended.
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Help Bitcoins by buying clothes, technology, books, etc. through people/stores that accept BTC. This will increase overall value of BTC as well as mitigate unnecessary bank transaction fees.
My address -
1EM9HGg1SEa5Bux1rVEPxGqGSfNTTc9EkC
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vivithemage
Member
Offline
Activity: 77
Merit: 10
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June 24, 2011, 02:22:03 AM |
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pretty sure the host dropped this game 30 hours before it was schedules to end. Seems he's taken the coins and ran. A refund would be nice to people if you planned to start a new game up before this one even ended.
yeah, wtf ... |
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elelegzet
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June 24, 2011, 02:31:28 AM |
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Fix the thread name, please! Game is not just started....
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vivithemage
Member
Offline
Activity: 77
Merit: 10
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June 24, 2011, 03:30:46 AM |
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I don't get it, were we scammed?
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andrepcg (OP)
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June 24, 2011, 11:24:25 AM |
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nobody is being scammed. i received more bets this night and im updating the spreadsheet and paying the winners
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phungus
Full Member
Offline
Activity: 128
Merit: 100
I'm doin' fine on cloud 9
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June 24, 2011, 12:58:32 PM |
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Like Vegas, but you know going in that you have much better payout odds. And your wife is not going to be ashamed. :-)
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I can do stuff
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vivithemage
Member
Offline
Activity: 77
Merit: 10
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June 24, 2011, 01:33:08 PM |
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now I know, don't play these games ....
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phungus
Full Member
Offline
Activity: 128
Merit: 100
I'm doin' fine on cloud 9
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June 24, 2011, 02:08:01 PM |
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It still has 8 hours to go. In the US everyone is just now waking up and/or commuting to work. Wait until they all get bored and start reading the forums. :-)
The best way to get your 8.whatever BTC is to promote this thread and/or the Marketplace forum and get more people to play. If people realized that they have direct control over this and thereby can increase their own odds, you would see a surge in this space. Maybe we're about to experience that. :-)
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I can do stuff
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