Got my BFL Single today and I'm raffling it away for 0.5BTC!

[Matthew N. Wright]

You're not giving them away, you're selling raffles for them in a pyramid scheme.

Pyramid scheme? You mean that kind of scheme that the people on the bottom have no chance of winning, unlike this raffle?

[notme]

You're not giving them away, you're selling raffles for them in a pyramid scheme.

It is mildly depressing that the majority of the bitcoin community:

• Jumps on this idea with wild excitement, with apparently no consideration of why it might be a bad idea to buy into this.
  
• Discusses stuff like this in a forum where the "im in LETS DO THIS LOL!" posts can't be downvoted so that the "um guys, this is a pyramid/gambling scheme" comments get buried. (I'm looking forward to new forum software.)

Nah.... he's just an ass and misled us to believe the winner could buy it for 0.5 BTC.  After he had two pages of response, he let loose the real deal.  Don't pin this on the community.

[cablepair]

ROTFL!

[Raoul Duke]

Matthew, where is your governmental permit to host raffle games?

[Matthew N. Wright]

Matthew, where is your governmental permit to host raffle games?

Two choices:

• Find out what country I'm hosting it out of and look it up like I did;
• Report me to the police in Spain

[kibblesnbits]

Matthew, where is your governmental permit to host raffle games?

It's in the same location where the permit is for unregulated Internet bitcoin gambling.
 

[Matthew N. Wright]

Matthew, where is your governmental permit to host raffle games?

It's in the same location where the permit is for unregulated Internet bitcoin gambling.
 

Exactly! In Spain of course!

[Ferroh]

You're not giving them away, you're selling raffles for them in a pyramid scheme.

Pyramid scheme? You mean that kind of scheme that the people on the bottom have no chance of winning, unlike this raffle?

You're right, it's merely a gambling scheme where we have no idea what the odds of winning are.

Originally your thread title read "giving it away for 0.5BTC!". It's more like "selling it for hundreds of BTC and giving you a chance to gamble on the outcome".

[kibblesnbits]

Matthew, where is your governmental permit to host raffle games?

It's in the same location where the permit is for unregulated Internet bitcoin gambling.
 

Exactly! In Spain of course!

I was commenting about psy's BTC-play referral in his sig.

[Matthew N. Wright]

You're right, it's merely a gambling scheme where we have no idea what the odds of winning are.

Oh, you mean a raffle?

Originally your thread title read "giving it away for 0.5BTC!".

The winner will be stealing it as far as I'm concerned. This wording issue was already brought up and addressed immediately.

[Glasswalker]

Just my .02BTC, I would prefer the blockchain version of randomizing. It's pre-determined, public, and independently verifiable. I think it's the most fair solution.

Also, I just bought some tickets

Come on... Pappa needs a new mining rig!

[cottoneyeJoe]

Bah! Shameless bait and switch.

How about you withdraw this scheme and get back to your magazine or whatever you do that's actually useful to the community.

[kjlimo]

Just bought a ticket!

If you use my e-mail as a referral < Mwesoloski@gmail.com > I will pay you 1 BTC if I win!

[Matthew N. Wright]

How about you withdraw this scheme and get back to your magazine or whatever you do that's actually useful to the community.

It was a slow morning in Korea. Too late to turn back now though.

[triplehelix]

You're not giving them away, you're selling raffles for them in a pyramid gambling scheme, where we don't know how many raffles are sold and therefore what our odds of winning are.

It is mildly depressing that the majority of the bitcoin community:

• Jumps on this idea with wild excitement, with apparently no consideration of why it might be a bad idea to buy into this.
  
• Discusses stuff like this in a forum where the "im in LETS DO THIS LOL!" posts can't be downvoted so that the "um guys, this is a pyramid/gambling scheme" comments get buried. (I'm looking forward to new forum software.)

   am i missing something?  where is the downvote feature?

[kibblesnbits]

How about you withdraw this scheme and get back to your magazine or whatever you do that's actually useful to the community.

It was a slow morning in Korea. Too late to turn back now though.

Are you wiling to use the DeepCeleron method of choosing the winning ticket?

[Matthew N. Wright]

Just to clear the air of future naysayers:

At 09:25:29 AM, another user by the name of DBordello had mentioned the potential for the title to be misconstrued and the issue was resolved within minutes. The topic was changed to "raffle" to make it absolutely clear what was being offered.

At that time there had been 0 participation in the raffle from the community so there can be no arguments of deposits made under false pretenses.

Ferroh's post was at 11:14:00AM complaining about a title that then didn't exist, barking about his disagreement with raffles and mislabeling it a "Ponzi" scheme, then later retracting it, and blaming the entire community for "supporting ponzi schemes" due to their support for this honest raffle for a Bitforce Single.

So far everything he has based his 'points' on, he himself has since retracted. So I just have to ask..

U mad bro?

[wogaut]

I can't believe it, but I'm mysteriously drawn to this. It might still be a scam, and I never win anything.
But that again, the ongoing discussion about the mechanics of how to determine the winner are just to cool to stay out of this.
I'm in.

[Matthew N. Wright]

How about you withdraw this scheme and get back to your magazine or whatever you do that's actually useful to the community.

It was a slow morning in Korea. Too late to turn back now though.

Are you wiling to use the DeepCeleron method of choosing the winning ticket?

Yes of course. The spreadsheet we will receive from Bit-Pay 7 days from now will be converted into raffle tickets based on credits for raffle tickets held by the email address owners who have purchased or earned credits through Bitcoin deposits or referrals.

At that time, I will release the actual ticket list, omitting the winner's email addresses and an independent party can run the list if they like. This is up to the community, I couldn't care less who does it so long as the math works and it's fair.

Edited for clarity:

The spreadsheet we have from bit-pay right now does not reflect tickets, it reflects credits to buy tickets. We need to convert those purchases into tickets at the end of the raffle (because the amount of tickets can increase based off of referrals).

Then all standard raffle rules will apply, and DeepCeleron can even handle the rules for randomizing it himself if he'd like.

[wogaut]

How about you withdraw this scheme and get back to your magazine or whatever you do that's actually useful to the community.

It was a slow morning in Korea. Too late to turn back now though.

Are you wiling to use the DeepCeleron method of choosing the winning ticket?

Are you, Matthew?

Ah, you just answered that one post above.
This thread is moving too fast...