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Author Topic: BitcoinGem.net - The Bitcoin Gem Revival  (Read 1134 times)
Ymal54 (OP)
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December 08, 2013, 04:33:36 PM
Last edit: June 08, 2014, 08:01:00 PM by Ymal54
 #1

BitcoinGem.net is a revival of the old Bitcoin Gem, yay! Cheesy

No account needed & instant payouts.


The old BitcoinGem was pretty fun, don't know why it closed... Anyway, we made a copy of it with the same rules:

  • After you purchase the Gem, the price will increase by 30% (rounded to 3 significant digits) and the timer will reset to 48 hours.
  • You'll remain the owner until a next participant buys it. Then, we'll send your winnings back to you (payout = initial buying price + 25%).
  • If the Gem does not find any new owner within 48 hours it will be destroyed and a new one created with a starting price of 0.01 BTC.

We're open to suggestions and remarks.
Try it out at http://www.bitcoingem.net !
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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CodingSerivce
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December 08, 2013, 04:45:45 PM
 #2

Very nice idea!
good luck.

Kyraishi
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December 08, 2013, 05:16:11 PM
 #3

it's ponzy scheme ?

rz20
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December 08, 2013, 05:28:40 PM
 #4

The idea is okey, but too much risk. There is always somebody who lose
Ymal54 (OP)
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December 08, 2013, 05:39:32 PM
 #5

it's ponzy scheme ?

Well, not exactly... In a ponzy scheme people are lied to.
Here you know exactly what's up Wink
Kyraishi
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December 08, 2013, 05:59:19 PM
 #6

when the price is very high, some people have to wait, and wait before playing
may you have to add some gems ?

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December 08, 2013, 06:06:28 PM
 #7

Looks really interresting, good job!
Kyraishi
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December 08, 2013, 06:08:06 PM
 #8

i just got rickrolled by "Anonymous" 's link
xD

Ymal54 (OP)
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December 08, 2013, 07:13:49 PM
 #9

when the price is very high, some people have to wait, and wait before playing
may you have to add some gems ?

How do you define very high?
Well, I like the think that the Gem is unique and its worth its value  Grin
Kyraishi
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December 08, 2013, 07:34:49 PM
 #10

well 100BTC lol

CubeOne
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December 08, 2013, 07:38:47 PM
 #11

I'm pretty sure that someone else did the similar thing in the early 2012, But those did have a start price on 1 BTC.
Ymal54 (OP)
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December 08, 2013, 07:46:50 PM
 #12

well 100BTC lol
At this value, I think we'd rather be watching the game with popcorns Cheesy
Kyogre
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December 16, 2013, 04:56:10 PM
 #13

Looks interesting. I might try my luck with it soon.  Grin
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December 17, 2013, 02:34:18 AM
 #14

The last one who will buy it will be the loser?

Sindelar1938
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December 17, 2013, 03:06:05 AM
 #15

Musical chairs for suckers springs to mind.. Cheesy

Ymal54 (OP)
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December 21, 2013, 02:23:45 PM
 #16

Just a quick update: the duration of the Gem is now 48 hours (during the holidays).

Merry Christmas everybody!  Wink
Ymal54 (OP)
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February 14, 2014, 11:08:04 AM
 #17

Hello,

I'm stopping the website because I can no longer maintain it.  Cry
Anyway, I'm willing to sell the full source code (cheap) if anyone interested, let me know.

See ya,
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1FRpXqj6kedknh5uNpdo8FS3U49XJPJJy1


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February 14, 2014, 03:44:37 PM
 #18

Hello,

I'm stopping the website because I can no longer maintain it.  Cry
Anyway, I'm willing to sell the full source code (cheap) if anyone interested, let me know.

See ya,
No one was playing?

Ymal54 (OP)
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June 08, 2014, 08:13:09 PM
 #19

Hello everybody  Cool

Just to let you know that the website is back online at http://www.bitcoingem.net/

Have fun!
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