Satoshi Buckets - A game with a winning strategy! 1 BTC GIVEAWAY, 0.3 BTC LEFT.

[🏰 TradeFortress 🏰]

Good changes IMO!

[bitshy]

Good changes IMO!

Yay! Thanks for the feedback! :-)

[spike420211]

to clarify:
once you send money to the bucket, you can't pull it back out,
even after multiple drops?

[bitshy]

to clarify:
once you send money to the bucket, you can't pull it back out,
even after multiple drops?

That is correct.

[Jgguy]

I noticed the amount that is sent to the backers of the bucket that fell is less than the non-standard amount of 0.00005430.  It causes the whole transaction to take a long time to get into a block and confirm.

[bitshy]

I noticed the amount that is sent to the backers of the bucket that fell is less than the non-standard amount of 0.00005430.  It causes the whole transaction to take a long time to get into a block and confirm.

Thanks for bringing this to my attention. I'm attempting to fix this by raising the amount that gets returned to 2%. (This doesn't increase the house fee ... it just means that losers won't lose so much of their money, and winners will win a little less.) We'll see if this improves the confirmation times.

[🏰 TradeFortress 🏰]

That's not a good solution - please avoid 5430 satoshi dust. If something is below it, don't send.

derp

[bitshy]

That's not a good solution - please avoid 5430 satoshi dust. If something is below it, don't send.

Huh? My solution does get rid of 5430 satoshi dust. The return transactions should all be at least 10000 satoshis each (2% of 5 mBTC).

[Jgguy]

Thanks!  That last transaction took 4 hours to confirm lol

[bitshy]

The 0.5% house fee promotion has expired. I've raised the house fee up to 1%. (It was 3% before, but 1% is much more manageable.)

NEXT PROMOTION: A ฿1 GIVEAWAY! STARTING IMMEDIATELY!

HOW TO ENTER: Play Satoshi Buckets. Each round you play in gives you a chance to win.

HOW IT WORKS: Every day, one backer wins ฿0.1 at random!

CAVEAT: This giveaway will be administered manually, so please be patient!

The address performing the giveaway is 1Ftr7B5U4DVsCh1q2mh3XLmH25XeeU7P9F, for the record.

[EDIT: I simplified the giveaway immensely.]

[ranlo]

The 0.5% house fee promotion has expired. I've raised the house fee up to 1%. (It was 3% before, but 1% is much more manageable.)

NEXT PROMOTION: A ฿1 GIVEAWAY! STARTING IMMEDIATELY!

HOW TO ENTER: Play Satoshi Buckets. Each round you play in gives you a chance to win.

HOW IT WORKS: Every day, one backer wins ฿0.1 at random!

CAVEAT: This giveaway will be administered manually, so please be patient!

The address performing the giveaway is 1Ftr7B5U4DVsCh1q2mh3XLmH25XeeU7P9F, for the record.

[EDIT: I simplified the giveaway immensely.]

That's an awesome promotion! I hope it helps drive more people to playing, .

[bitshy]

There's only been 5 rounds today so far! This means that there's a good chance to win the 0.1 BTC today if you play a round or two!

[ranlo]

There's only been 5 rounds today so far! This means that there's a good chance to win the 0.1 BTC today if you play a round or two!

Number of rounds doesn't tell how many betters there were, :p. Could have been one per round or 500000000

[bitshy]

There's only been 5 rounds today so far! This means that there's a good chance to win the 0.1 BTC today if you play a round or two!

Number of rounds doesn't tell how many betters there were, :p. Could have been one per round or 500000000

Each round seems to have around 5 participants on average.

Note that every time you win, you keep going for another round! That means that at the end of the day, a single bet can count multiple times in the giveaway!

[Jgguy]

Did it freeze?  It looks like there are some BTC in the red bucket but the site shows 0.

[bitshy]

Did it freeze?  It looks like there are some BTC in the red bucket but the site shows 0.

Not quite. The server is still running, and it reflects the current bucket values accurately.

What has happened is that the latest "bucket falling" transaction accidentally got a small transaction fee due to a floating point rounding error. So it is taking a long time to propagate and be known to the entire network -- and will take a while to confirm. That's why blockchain.info doesn't correctly report the value of the bucket: it hasn't seen the latest transaction.

I've bumped the transaction fees to 101% of their old value (a miniscule difference) in order to prevent this from happening again. But right now, all we can do is wait.

Sorry about this! On the upside, every problem we encounter and resolve brings us closer and closer to a system without any problems.

[bitshy]

What has happened is that the latest "bucket falling" transaction accidentally got a small transaction fee due to a floating point rounding error.

Correction: This has happened twice in the last day. That's why the blockchain.info Rbucket address shows 0.05, when the current value is really 0.00.

[Jgguy]

Ok, glad you are fixing the issues as they come up!  I really like this game, although the buckets haven't liked me too much recently.

[CoinBomb]

you shouldn't be doing any maths with floats - convert everything to integer before you do any calculations ( $satoshis = floor(bcmul($float,100000000)) )

[bitshy]

you shouldn't be doing any maths with floats - convert everything to integer before you do any calculations ( $satoshis = floor(bcmul($float,100000000)) )

That's a really good point! I think I've learned my lesson there. I'll rewrite the server code to work with satoshis directly, when I get the chance.

First day giveaway results coming right up!

(PS: The missing red bucket transactions haven't yet been propagated by the network, as I had hoped they would. If it takes another day, I will reimburse the backers directly. In either case, those buckets aren't being counted in the giveaway. They'll be counted when their transaction gets confirmed.)