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Author Topic: Double Entry Pyramid!  (Read 15838 times)
TheBitMan
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July 31, 2011, 07:33:44 PM
 #261

Didn't some entires come in?  Why did 1qAtywd9GPqc4rHEpi3NU6ZhsdpuHmMhd switch from paid to not paid?
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geek-trader
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July 31, 2011, 08:46:43 PM
 #262

Didn't some entires come in?  Why did 1qAtywd9GPqc4rHEpi3NU6ZhsdpuHmMhd switch from paid to not paid?

you didn't type anything ?

Make 1 deposit and earn BTC for life! http://bitcoinpyramid.com/r/345
Play my FREE HTML5 games at: http://magigames.org  BTC donations accepted.
TheBitMan
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July 31, 2011, 08:54:26 PM
 #263

Didn't some entires come in?  Why did 1qAtywd9GPqc4rHEpi3NU6ZhsdpuHmMhd switch from paid to not paid?

you didn't type anything ?
Sorry connection is bad I am on my ipod I said when I get back to my pc I will sort things out
geek-trader
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July 31, 2011, 08:59:35 PM
 #264

Didn't some entires come in?  Why did 1qAtywd9GPqc4rHEpi3NU6ZhsdpuHmMhd switch from paid to not paid?

you didn't type anything ?
Sorry connection is bad I am on my ipod I said when I get back to my pc I will sort things out

ok, thanks.

Make 1 deposit and earn BTC for life! http://bitcoinpyramid.com/r/345
Play my FREE HTML5 games at: http://magigames.org  BTC donations accepted.
TheBitMan
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July 31, 2011, 11:35:48 PM
 #265

Didn't some entires come in?  Why did 1qAtywd9GPqc4rHEpi3NU6ZhsdpuHmMhd switch from paid to not paid?

you didn't type anything ?
Sorry connection is bad I am on my ipod I said when I get back to my pc I will sort things out

ok, thanks.
Fixed and thanks to you realizing that I got to payout someone else!
geek-trader
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July 31, 2011, 11:38:50 PM
 #266

Didn't some entires come in?  Why did 1qAtywd9GPqc4rHEpi3NU6ZhsdpuHmMhd switch from paid to not paid?

you didn't type anything ?
Sorry connection is bad I am on my ipod I said when I get back to my pc I will sort things out

ok, thanks.
Fixed and thanks to you realizing that I got to payout someone else!

You da MAN!  I like that you added the "Available For Payout:". also.

I like this because:  Say I am next to get paid, but the round is ending in a few hours.  I can recoup part of my bet by betting again, enough to trigger a payout to myself.  The "Available For Payout:" helps me decide if it's worth it to do this, and how much to send.

Plus, I'm all for more transparency.

Thanks again, TheBitMan.

Make 1 deposit and earn BTC for life! http://bitcoinpyramid.com/r/345
Play my FREE HTML5 games at: http://magigames.org  BTC donations accepted.
TheBitMan
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July 31, 2011, 11:41:44 PM
 #267

Didn't some entires come in?  Why did 1qAtywd9GPqc4rHEpi3NU6ZhsdpuHmMhd switch from paid to not paid?

you didn't type anything ?
Sorry connection is bad I am on my ipod I said when I get back to my pc I will sort things out

ok, thanks.
Fixed and thanks to you realizing that I got to payout someone else!

You da MAN!  I like that you added the "Available For Payout:". also.

I like this because:  Say I am next to get paid, but the round is ending in a few hours.  I can recoup part of my bet by betting again, enough to trigger a payout to myself.  The "Available For Payout:" helps me decide if it's worth it to do this, and how much to send.

Plus, I'm all for more transparency.

Thanks again, TheBitMan.
I think people will not enter as much if the jackpot is that low. Do you think I should lower the min entry and then more people would join??
geek-trader
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July 31, 2011, 11:52:21 PM
 #268

I think, in all multiply / ponzi games, the majority of people enter at the very beginning.

If you want more people to join, you need to get their entries up on the site ASAP, and pay them out right away, especially in the beginning.  The first 2 hours are critical.

Take, bitcat.ch, for example.  He gets a lot of people to re-enter because of the reasons I started above.  I know he's automated, and you do it by hand, but I think for those first few hours you need to be on top of it more.

I like the 1.4x you do (bitcat.ch's 1.2 is too low, in my opinion), and the minimum of .25 is good.  Maybe make the max 1.0.  Then some people would enter twice at 1 instead of once at 2.

Also, I would prefer you pay out exactly 1.4x.  So for a bet of 1, pay me back 1.4.  Take the fees / jackpot out of the money that goes in the pot.  That makes more sense to me, and makes the numbers more even.

So if I pay 1 BTC, you take 0.02 BTC for the jackpot, and 0.02 BTC for the game fee.  Put 0.96 in the pot, and mark my "Gets back" at 1.4.  Does that make sense?

You run a good game.  With a few tweaks, it could be a great game.

Make 1 deposit and earn BTC for life! http://bitcoinpyramid.com/r/345
Play my FREE HTML5 games at: http://magigames.org  BTC donations accepted.
TheBitMan
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July 31, 2011, 11:58:04 PM
 #269

I think, in all multiply / ponzi games, the majority of people enter at the very beginning.

If you want more people to join, you need to get their entries up on the site ASAP, and pay them out right away, especially in the beginning.  The first 2 hours are critical.

Take, bitcat.ch, for example.  He gets a lot of people to re-enter because of the reasons I started above.  I know he's automated, and you do it by hand, but I think for those first few hours you need to be on top of it more.

I like the 1.4x you do (bitcat.ch's 1.2 is too low, in my opinion), and the minimum of .25 is good.  Maybe make the max 1.0.  Then some people would enter twice at 1 instead of once at 2.

Also, I would prefer you pay out exactly 1.4x.  So for a bet of 1, pay me back 1.4.  Take the fees / jackpot out of the money that goes in the pot.  That makes more sense to me, and makes the numbers more even.

So if I pay 1 BTC, you take 0.02 BTC for the jackpot, and 0.02 BTC for the game fee.  Put 0.96 in the pot, and mark my "Gets back" at 1.4.  Does that make sense?

You run a good game.  With a few tweaks, it could be a great game.
Good ideas! I will try it out next round!
Ryuguy
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August 01, 2011, 12:04:36 AM
 #270

It says my payment address is 1JfLkCMzzBobw9F4irAcnfrhUCMxb2JQtf and I donated .34.

However, my address is 1FSqPC6d5DTh2MhF14rkiDnKPp7MKzQgy2. I believe you have screwed up. please look into this!

TheBitMan
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August 01, 2011, 12:09:35 AM
 #271

It says my payment address is 1JfLkCMzzBobw9F4irAcnfrhUCMxb2JQtf and I donated .34.

However, my address is 1FSqPC6d5DTh2MhF14rkiDnKPp7MKzQgy2. I believe you have screwed up. please look into this!


That's due to blockexplorer, it does that. It's normal and you will still receive the payment, however if you feel more comfortable I will replace it with the address you have listed.
TheBitMan
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August 01, 2011, 01:39:15 PM
 #272

I might start a high roller round soon!
TheBitMan
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August 01, 2011, 02:26:48 PM
 #273

High roller round start 16:30 UTC!!!!!
TheBitMan
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August 01, 2011, 03:35:15 PM
 #274

New rounds will only be 3 days long plus the high roller one just started!
TheBitMan
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August 01, 2011, 06:13:46 PM
 #275

I lowered the minimum to 0.05 BTC!! Let the jackpot race begin! I am only taking 0.02 BTC from entries lower than .25 for the jackpot. I make no money off .25 or lower!!
TheBitMan
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August 02, 2011, 01:53:02 PM
 #276

the jackpot is .30 BTC! enter the new min of .05 BTC!
TheBitMan
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August 02, 2011, 08:22:41 PM
 #277

Guys!!! It ends in less than a day! This is the biggest jackpot so far!!
TheBitMan
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August 02, 2011, 10:31:07 PM
 #278

The person with address 15EXBQSzAnjP9tXeScR9RGe2ZWqPPPWEGb is winning the jackpot race! If there are no entries after this one that address is the winner of .30 BTC!
TheBitMan
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August 03, 2011, 01:31:28 AM
 #279

Round 4 starts Wednesday at 18:00 UTC

More details on the new round will be posted here soon.
TheBitMan
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August 03, 2011, 01:35:46 AM
 #280

Any new ideas for round 4 before I make all the rules official here?

so far
min: .20 (.10 after 48 hours)
max: 2.00
18:00 UTC
3 days long

then the normal rules
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