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Jordoss
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August 05, 2011, 09:24:54 PM
 #1

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1529441951
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Konzul
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August 05, 2011, 10:52:04 PM
 #2

Awesome I just won 0.01 BTC!
TheBitMan
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August 05, 2011, 11:28:33 PM
 #3

Awesome I just won 0.01 BTC!
The address has no history 0.o
Yuusha
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August 05, 2011, 11:29:33 PM
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Awesome I just won 0.01 BTC!
The address has no history 0.o
He was joking. This whole thing is obviously a joke.
TheBitMan
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August 05, 2011, 11:30:30 PM
 #5

Awesome I just won 0.01 BTC!
The address has no history 0.o
He was joking. This whole thing is obviously a joke.
oh haha
Konzul
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August 06, 2011, 01:14:37 AM
 #6

Yeah I was joking. Wink
TheBitMan
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August 06, 2011, 01:21:17 AM
 #7

Now I feel stupid  Angry lol
Jonathan Ryan Owens
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August 06, 2011, 11:59:07 AM
 #8

Now starting! Bitcoin halving! Found this idea on another post, so I decided to see how it goes.

Rules:
1. No Maximum
2. Minimum 0.02000002 BTC, that way there will always be a profit for me after the transaction fee.
3. Deposits below the minimum (0.02000002 BTC) will be kept as a donation.

Bitcoin Address:
Code:
1EXgzAxVdWVhG1W54ErbrqADdgyArHMPiu

How It Works:
1. You send X amount of BTC (Must be at least 0.02000002 BTC, read the rules).
2. I send X/2 BTC to the address that I received the X amount of BTC from.


You, Sir, have inspired my next game idea at Bitcoinduit.com, your hosted investment platform specialist.

LeFBI
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August 06, 2011, 12:07:59 PM
 #9

How It Works:
1. You send X amount of BTC (Must be at least 0.02000002 BTC, read the rules).
2. I send X/2 BTC to the address that I received the X amount of BTC from.
Awesome game! I trust OP that he pays out! Cheesy

Jordoss, you can even double the profit! -> https://bitcointalk.org/index.php?topic=23247.0
IIOII
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August 06, 2011, 01:22:58 PM
 #10

Truly revolutionary gambling concept.  Grin

Cory
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August 06, 2011, 07:30:26 PM
 #11

What's to stop somebody from quartering their BTC, or even turning it into an EIGHTH of what they originally invested?

It's kind of confusing, but I think there's a loophole in your game here. Try to follow if you can:
First, somebody sends you some BTC, say 1 bitcoin, for you to halve for them. Now, they get back 0.5 BTC and you keep your half. Now that they have already halved it, they can just send that half of their original investment to you AGAIN to be halved a SECOND TIME, turning their original investment into a quarter of its original value: 0.25 BTC!!

Don't you see that people are going to take advantage of this trick and eventually they are going to get less than a MILLIONTH of their initial investment(as long as their original investment is high enough)?!?! The only safeguard you have against this is your 0.02 minimum. I have a feeling that lots of people are going to take advantage of your naivety.

I sent you some BTC in good faith, hoping that you'll at least honor it for one round before you close this because of the HUGE RISK you are taking. You're welcome.
Yuusha
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August 06, 2011, 10:12:47 PM
 #12

This is clearly a scam! It's too good to be true!
DannyM
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August 07, 2011, 01:59:56 AM
 #13

Thanks for the halving service. I guess it's only about half as efficient as the whole/full service that was offered by mybitcoin.com, but with their servers down, I guess this will have to do.
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