BTCevo
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April 28, 2019, 10:06:59 AM |
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The raffle contest is good and the same being done for a cause is really great thinking. The raffle is perfectly legit and will get good number of participants. A Lamborghini for just 0.00056 is really good way of trying our luck. All the best for all the participants.
How can you so sure about what you write? What we talked is about lambo so there is no way to use 0.00056 to get one, you should realize that. And if someone manage to get it by using 1 tickets, I would like to know if they are really pay or not, since there is no prize yet I believe. Btw is this site still run or not? There is no new thing or any updates about what is going on here
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TopTort777
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April 28, 2019, 10:31:15 AM |
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Sorry for asking stupid question or the questuon that was already answered here, but was already mentioned what model of lambo is involved in this competition and will it be new or used?
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Yarex
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April 29, 2019, 10:57:09 PM |
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This is what it comes down to. Trusting in the individual who is carrying out the raffle and can prove they are actually going to payout the grand prize once they have collected enough money to cover the costs of it in the first place. You did say if they put some kind of binding law as part of a smart contract then it would be easier to decide whether you would take part in the draw. Many hospitals hold such raffles and give away large expensive homes, trips and very expensive cars as the prizes. But nobody denies their reliability to payout the winners at the end because they are doing in part of a lottery corporation. So they are liable if there is any dispute in the conduct of their raffles.
Unfortunately, on the basis of a smart contract it is impossible to fix the mandatory dispatch of Lamborghini. However, you can fix the mandatory sending to a predetermined address amount of money collected in the lottery. For this purpose, you can use a trusted guarantor or legal entity.
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STT
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April 29, 2019, 11:25:58 PM |
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This isnt a crypto based lottery or gambling operation, its a totally paper based conventional centralised operation with a government based regulator and national legal court oversight. I would classify it as a personal contract pretty much, its a common event in UK to run a minor skill based contest with random winner. Non of those points about a blockchain would be relevant to something entirely based in bricks and mortar. The one proviso is the open offer to accept ticket purchases via Bitcoin, thats it just the payment terms. Otherwise as everyone noted, theres local tie to a car based asset. Its possible they pay out cash but I think that only happens if not enough tickets sell. Heres a copy of the terms for anyone who cannot follow the link in the OP - https://i.imgur.com/RhDH8s7.jpg
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Yakamoto
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April 30, 2019, 12:37:42 AM |
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Wow, more "win a Lambo" stuff. OP, your post isn't convincing because not only is the "proof" Lambo you have actively on sale from a car dealership, it has been used in the past as a promotional piece for Lamborghini raffles, which obviously have been scams multiple times over since the car is still apparently owned by you. Plus a $100,000 payday wouldn't be half bad either, considering the fact that it's on sale for just over $350,000.
Your idea isn't bad considering the fact that you can still buy the Lambo with the funds that you earn from the raffle, so I guess you have that going for you. But I wouldn't touch this with a ten-foot pole because either way, it does not look legit at all. This is like opening a raffle and then saying "I'll buy the item with the proceeds from the raffle". You likely don't own it and are gunning for a large payout in conjunction with the "good will" from succeeding with the raffle. I can't bring myself to trust a newbie either.
Solid pass, thanks for the offer.
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raven7886
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May 01, 2019, 11:51:17 AM |
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I think the only reason why this person got more interest than the other "win lambo" type of raffles is that this guy actually sold his house for bitcoin before and he has doxxed himself willingly to prove that he is not lying and dude even got on news couple of times and gave interviews and got his news printed on newspapers.
I am not saying that makes him legit but compared to someone who we do not know and have no clue about I would prefer to go with the dude I can track down at least right? Not saying both of them are legit or not but one looks more legit than the other at least. Of course, when there is places like freebitcoin that is doing the same thing and you can actually participate in a very trusted website for the same thing I don't know who would pick this one.
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Pamadar
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May 01, 2019, 04:04:55 PM |
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Wow, more "win a Lambo" stuff. OP, your post isn't convincing because not only is the "proof" Lambo you have actively on sale from a car dealership, it has been used in the past as a promotional piece for Lamborghini raffles, which obviously have been scams multiple times over since the car is still apparently owned by you. Plus a $100,000 payday wouldn't be half bad either, considering the fact that it's on sale for just over $350,000.
Your idea isn't bad considering the fact that you can still buy the Lambo with the funds that you earn from the raffle, so I guess you have that going for you. But I wouldn't touch this with a ten-foot pole because either way, it does not look legit at all. This is like opening a raffle and then saying "I'll buy the item with the proceeds from the raffle". You likely don't own it and are gunning for a large payout in conjunction with the "good will" from succeeding with the raffle. I can't bring myself to trust a newbie either.
Solid pass, thanks for the offer.
No one will be force in buying the tickets, we do have our own opinions about this but since there's actually people who loves taking the risk and dreamed for a big outcome, this one is for them to tried out, small portions of btc that can be converted to a lambo after, luck will bring something that only in dreams to be imagine, nothing to be expected but the results being posted here will be determine the legitimacy of this offer.
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STT
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May 01, 2019, 07:53:50 PM |
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you can actually participate in a very trusted website for the same thing I don't know who would pick this one. Perhaps the odds are better on this one, the ratio of payout to ticket sales gives the odds roughly or it might be the terms are more flexible on this offer considering a few countries are extremely harsh on the ownership of cars. I dont know, I havent compared the two on fine print details since I'm not buying a large amount of tickets in either one and could barely afford the fuel for a LAMBO nevermind the insurance! Surely thats the biggest thing to critique on either
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Yarex
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May 01, 2019, 08:13:25 PM |
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Wow, more "win a Lambo" stuff. OP, your post isn't convincing because not only is the "proof" Lambo you have actively on sale from a car dealership, it has been used in the past as a promotional piece for Lamborghini raffles, which obviously have been scams multiple times over since the car is still apparently owned by you. Plus a $100,000 payday wouldn't be half bad either, considering the fact that it's on sale for just over $350,000.
Your idea isn't bad considering the fact that you can still buy the Lambo with the funds that you earn from the raffle, so I guess you have that going for you. But I wouldn't touch this with a ten-foot pole because either way, it does not look legit at all. This is like opening a raffle and then saying "I'll buy the item with the proceeds from the raffle". You likely don't own it and are gunning for a large payout in conjunction with the "good will" from succeeding with the raffle. I can't bring myself to trust a newbie either.
Solid pass, thanks for the offer.
Yes, here in the topic all write about it. Most people do not believe that Lamborghini can be honestly played in a lottery between all participants. For the OP, I would advise at the beginning to spend a few raffles with prizes much cheaper, to earn a reputation and people's trust.
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adaseb
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May 01, 2019, 10:11:06 PM |
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I have a feeling that we will be seeing alot of these "Win A lambo", or "Win a Ferarri", or "Win a LandRover" threads in the next coming few weeks due to the huge popularlity that this thread has created. Basically it will be similar to the Bitcoin forked coins right after Bitcoin Cash proved to be a huge success.
And the problem will be that most of these will be scams, even though they can easily be legit if it ends up being run on a smart contract where the code can be inspected and then the company/person holding the contest can make easy %'s of the entire proceeds and all they would need to do is buy the car and deliver it to the winner. Not rocket science.
However these raffle are easily going to be turning into scams since people just want to make a quick BTC and disappear with the funds.
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Yarex
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May 01, 2019, 10:48:35 PM |
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I have a feeling that we will be seeing alot of these "Win A lambo", or "Win a Ferarri", or "Win a LandRover" threads in the next coming few weeks due to the huge popularlity that this thread has created. Basically it will be similar to the Bitcoin forked coins right after Bitcoin Cash proved to be a huge success.
And the problem will be that most of these will be scams, even though they can easily be legit if it ends up being run on a smart contract where the code can be inspected and then the company/person holding the contest can make easy %'s of the entire proceeds and all they would need to do is buy the car and deliver it to the winner. Not rocket science.
However these raffle are easily going to be turning into scams since people just want to make a quick BTC and disappear with the funds.
Unfortunately, in a smart contract it is impossible to fix the obligation to transfer the car to the winner in such a way that the lottery organizer could not deceive. However, it is possible to prescribe in the smart contract the amount of winnings in coins equivalent to the cost of Lamborghini or any other machine and transfer this amount to the winner.
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dark08
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May 01, 2019, 10:54:38 PM |
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I have a feeling that we will be seeing alot of these "Win A lambo", or "Win a Ferarri", or "Win a LandRover" threads in the next coming few weeks due to the huge popularlity that this thread has created. Basically it will be similar to the Bitcoin forked coins right after Bitcoin Cash proved to be a huge success.
And the problem will be that most of these will be scams, even though they can easily be legit if it ends up being run on a smart contract where the code can be inspected and then the company/person holding the contest can make easy %'s of the entire proceeds and all they would need to do is buy the car and deliver it to the winner. Not rocket science.
However these raffle are easily going to be turning into scams since people just want to make a quick BTC and disappear with the funds.
It will happen in the future or maybe in the next days, weeks, or months people qill attracting when reading a "winning a Lamborghini" like this one it has a good sales and odd compare to some lottery site, but the worst scenario like what you said its easy to scam or cheating in a game.
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tippytoes
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May 01, 2019, 11:51:18 PM |
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I have a feeling that we will be seeing alot of these "Win A lambo", or "Win a Ferarri", or "Win a LandRover" threads in the next coming few weeks due to the huge popularlity that this thread has created. Basically it will be similar to the Bitcoin forked coins right after Bitcoin Cash proved to be a huge success.
And the problem will be that most of these will be scams, even though they can easily be legit if it ends up being run on a smart contract where the code can be inspected and then the company/person holding the contest can make easy %'s of the entire proceeds and all they would need to do is buy the car and deliver it to the winner. Not rocket science.
However these raffle are easily going to be turning into scams since people just want to make a quick BTC and disappear with the funds.
It will happen in the future or maybe in the next days, weeks, or months people qill attracting when reading a "winning a Lamborghini" like this one it has a good sales and odd compare to some lottery site, but the worst scenario like what you said its easy to scam or cheating in a game. As of this moment, there are 2 threads holding their lambo lottery. Will be interesting how they will end up to? The other one has progress bar showing the percentage of tickets sold. But the authenticity is questionable. No transactions just progress bar. People should accept the fact that if they send money to these sites, there should be no regrets or cursing that they were cheated. They should know what they are getting into in the first place.
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Crypto Girl
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May 02, 2019, 07:03:39 AM |
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As of this moment, there are 2 threads holding their lambo lottery. Will be interesting how they will end up to? The other one has progress bar showing the percentage of tickets sold.
Seriously? What's with the lambo? I really thought that this is the same with the other one. Are they making fun with us? While seem they really confident that they can bait a bag of money. Crazy people. But the authenticity is questionable. No transactions just progress bar.
Uh huh, probably it's a fake progress just to lure buyers instead.
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adaseb
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May 02, 2019, 08:31:14 AM |
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I have a feeling that we will be seeing alot of these "Win A lambo", or "Win a Ferarri", or "Win a LandRover" threads in the next coming few weeks due to the huge popularlity that this thread has created. Basically it will be similar to the Bitcoin forked coins right after Bitcoin Cash proved to be a huge success.
And the problem will be that most of these will be scams, even though they can easily be legit if it ends up being run on a smart contract where the code can be inspected and then the company/person holding the contest can make easy %'s of the entire proceeds and all they would need to do is buy the car and deliver it to the winner. Not rocket science.
However these raffle are easily going to be turning into scams since people just want to make a quick BTC and disappear with the funds.
Unfortunately, in a smart contract it is impossible to fix the obligation to transfer the car to the winner in such a way that the lottery organizer could not deceive. However, it is possible to prescribe in the smart contract the amount of winnings in coins equivalent to the cost of Lamborghini or any other machine and transfer this amount to the winner. Well in that case to avoid the counterparty risk, the smart contract would send all the winning ETH to the winners ETH address and send a small % for the contest creator for his hard work in getting the contest run and successful. Honestly, most people would much rather have the money than own a lambo. If I won, I probably wouldn't be able to afford the insurance or would be scared to drive it due to rock chips or getting it vandalized. Most people would sell it and buy a house instead. The "Lambo" is just a meme which was created originally a few years back when some early adopter sold his BTC and bought an actual Lambo (or Ferrari ) and it started a trend right after.
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jazmuzika217
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May 02, 2019, 02:07:22 PM |
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Is this legit? I mean we are all aware to those scams. At first they said that it is free to join or you can join by paying small amount to the raffle. I didnt say that it happens all the time. The point is, thats the often scenario. And nobody knows if theres a winner of that said raffle. Im open to talk. Enlighten me. Thank you.
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Johnzky
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May 02, 2019, 02:26:28 PM |
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I think the only reason why this person got more interest than the other "win lambo" type of raffles is that this guy actually sold his house for bitcoin before and he has doxxed himself willingly to prove that he is not lying and dude even got on news couple of times and gave interviews and got his news printed on newspapers.
I am not saying that makes him legit but compared to someone who we do not know and have no clue about I would prefer to go with the dude I can track down at least right? Not saying both of them are legit or not but one looks more legit than the other at least. Of course, when there is places like freebitcoin that is doing the same thing and you can actually participate in a very trusted website for the same thing I don't know who would pick this one.
I totally agreed on this because this man has a deep interest in crypto and selling your house foe bitcoin ia one crazy thing that only believers can do So for me after all the proof OP has presented no doubt this is a legit raffle so what i am asking now is what status do we have now here?can someone share whata thw progress of this raffle?
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STT
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May 02, 2019, 04:27:10 PM Last edit: May 02, 2019, 04:46:47 PM by STT |
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I got more confidence then most on this offer and Im familar with UK law and regularly see details similar to this scheme advertised privately. This doesnt mean you shouldnt use your own judgement but I'll clarify stuff if I spot a common point between these types of raffles: At first they said that it is free to join or you can join by paying small amount to the raffle. So this happens all the time with UK 'competitions' usually its phone in with an answer and we'll pick from the correct entrants. Whats all the colours of a rainbow? or whatever simple question you can think of. The catch is to phone with your answer you phone a premium line and this is all advertised, basically this is your entry fee and maybe its below 1 dollar worth roughly. Thats all 'legit' and normal practise. Its a question because its not offically a raffle, its a skill based quiz and then its a raffle. But you know, its basically a raffle and ditto the lambo is basically a raffle with a question. However the free part is derived from this, anyone can enter this raffle free, they can not phone in the answer for my example but instead send a postcard with the answer written on it. A free entry is possible in this way, this is a requirement legally to proceed. Ditto the Lambo comp is letting people enter freely if you really want. Its not a big deal as to have much of a chance, you probably needed like 10 or 100 tickets anyway and I believe free entry is just once. Thats who runs it and to my surprise its just run under common law with no registration which makes the idea quite prone to spoof as is the meta on the internet, be careful then. Also UK law as mentioned on one of those links given in the small print I post below Most of that is regarding tax law because the rest is quite unregulated which explains why 'normal' individuals are popping up to do this. I do really recommended you find who the promoter is and are comfortable with the law of the country they are a citizen of (not just occupant) This explains why it manages to avoid gambling laws
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beerlover
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May 02, 2019, 06:03:55 PM |
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I really do not think that dude is really into bitcointalk as much as we think he is. Of course if you are going to make a raffle for winning lambo you are going to open an account here and share that here as well but dude is basically running a raffle company nowadays, he sold his house as well and now he is selling a lambo which all made him some hefty profits I am sure.
The trouble here is that bitcointalk forum doesn't like the "write and leave" approach by these type of companies, if you are going to write here than you have to keep following as well. Last time the OP of this topic was active was April 3rd. Now I am not saying you have to answer every single question because sometimes it gets repetitive but if you don't check the topic for a month than you might as well not have started the topic at all.
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wuvdoll
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May 03, 2019, 05:40:57 PM |
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I am afraid this craze will result with many more people to lose a big sum of money after all.
Maybe this person is legit, maybe freebitcoin is legit too which would be expected since they are one of the most trusted websites in the world and already raised like 145 thousand dollars for a 200 thousand dollar thing so I doubt it would have to be a problem on their side but the more we see these type of games getting this much attention its inevitable that someone will see this as an opportunity and create this very beautifully designed and insanely marketed version of this and than just take everyone's money and leave with it right away.
If a place with just one topic can raise so much money think how much money you can get with one good designer and a thousand dollars in marketing, it would be stupidly easy to raise 500k in just a week.
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