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Author Topic: The bitcoin race.  (Read 956 times)
bitcoinrace (OP)
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January 26, 2015, 11:47:28 PM
Last edit: January 27, 2015, 02:06:36 AM by bitcoinrace
 #1

Be the first or be the last but don't be in the middle.
This is an ability/gambling game.

GAME WILL START 2015-jan-27 at 01:00:00GMT  and will end 2015-jan-27 at 23:59:99GMT.
150% ROI
49% of your deposit will be used to pay firsts players(FIFO)
49% of your deposit wil be used to pay lasts players(LIFO)
2% fee
Min deposit 0.001BTC
Max deposit infinite

deposits have to be included(and get the first confirmation) in one block found during the game time.

I will use block inclusion order(as I can see it on blockchain.info) to build the payout list.


0% automated
Everything is manual. If you like this game I will implement a webapp to play and automate everything.

DEPOSIT ADDRESS:  18Uqzu4Burccq4jJLAN7eK2zYxWszoWJTW

EDIT:Added min/max deposit amount

THIS IS NOT A PONZI/SCAM GAME.
You have to be able to send a deposit and be confirmed in the first or in the last block  found durin the game. If your btc will be confirmed outside the game time you make a fall and lose everything.
If there is only one player he will lost only 2% of his deposit.
If there are only to players, the first will play 10btc and the second will play 1btc the first will get 9.28btc and the second will get 1.50 btc.
if there are 3 players and everyone deposit 1 btc The first and the last player will get 1.47btc and the player in the middle will lose everything


....

 And so on
....

I have no way to manipulate the confirmation order so this game is provably fair
noma
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January 27, 2015, 12:30:56 AM
 #2

Be the first or be the last but don't be in the middle.
This is an ability/gambling game.

GAME WILL START 2015-jan-27 at 01:00:00GMT  and will end 2015-jan-27 at 23:59:99GMT.
150% ROI
49% of your deposit will be used to pay firsts players(FIFO)
49% of your deposit wil be used to pay lasts players(LIFO)
2% fee
Min deposit 0.001BTC
Max deposit infinite

deposits have to be included(and get the first confirmation) in one block found during the game time.

I will use block inclusion order(as I can see it on blockchain.info) to build the payout list.


0% automated
Everything is manual. If you like this game I will implement a webapp to play and automate everything.

DEPOSIT ADDRESS:  18Uqzu4Burccq4jJLAN7eK2zYxWszoWJTW

EDIT:Added min/max deposit amount

And here we go, another ponzi running . Is this the 10th for today ?

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▓▓▓▓    Supported Currencies: BTC, LTC, USD, EUR, GBP → OFFICIAL THREAD ▓▓▓▓
bitcoinrace (OP)
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January 27, 2015, 12:33:12 AM
 #3

This is not a ponzi. It is an ability game. you have to be the first or the last. No ponzi scheme here. Everything is provably fair by the blockchain.
Seketsuna
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January 27, 2015, 12:57:11 AM
 #4

This is not a ponzi. It is an ability game. you have to be the first or the last. No ponzi scheme here. Everything is provably fair by the blockchain.

provably fair by the blockchain? wtf are you talking about. what if you ran away with the money? can they get their money back?
bitcoinrace (OP)
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January 27, 2015, 01:02:29 AM
 #5

payments orders is provabily fair.
Everyone can run with your money. I'm new here, I know I have to get some reputation. I have a lot of game in mind. I will not run with your 20cents
bitcoinrace (OP)
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January 27, 2015, 01:17:30 AM
 #6

Bitcoinica ran away with my btcs
Pirate40 ran away with my btcs
Instawallet ran away with my btcs
mtgox ran away with my btcs
Really I hate scammers. And I love gamble and how bitcoins make easy to pay and to get paid.
I will not run with your money.
Seketsuna
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January 27, 2015, 01:23:31 AM
 #7

its still ponzi, it wont be sustainable..
bitcoinrace (OP)
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January 27, 2015, 01:28:14 AM
 #8

Ponzies only pay in FIFO(first in, first out) order.

I will pay in FIFO and in LIFO(last in first out) order.
This is not a ponzy. It is an ability/gamble game. Like an horse race.
GLBrim
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January 27, 2015, 01:39:21 AM
 #9

This is not a ponzi. It is an ability game. you have to be the first or the last. No ponzi scheme here. Everything is provably fair by the blockchain.

it is still a ponzi Tongue search for the meaning of ponzi in google Tongue
bitcoinrace (OP)
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January 27, 2015, 01:55:01 AM
 #10

a ponzi is a scam. This is not a scam game. 
You have to be able to send a deposit and be confirmed in the first or in the last block  found durin the game. If your btc will be confirmed outside the game time you make a fall and lose everything.
If there is only one player he will lost only 2% of his deposit.
If there are only to players, the first will play 10btc and the second will play 1btc the first will get 9.28btc and the second will get 1.50 btc.

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January 27, 2015, 05:33:05 AM
 #11

This horse or ponzi?
bitcoinrace (OP)
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January 27, 2015, 05:42:33 AM
 #12

do you prefer horses or ponzies?
It is a gamble/ability game!
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January 27, 2015, 07:42:11 AM
 #13

thats an interesting way to spell ponzi scam
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January 27, 2015, 10:11:00 AM
 #14

Ponzi or not. If the rules are clear and everybody knows what they're getting into, I don't see a problem.

The real problem is OP being a newbie with no trust rating. I don't think anyone will deposit any bitcoins.

If you're serious about running that type of game, you need to either build up a solid reputation first or put few bitcoins in trusted escrow (as security deposit).



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bitcoinrace (OP)
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January 27, 2015, 11:24:35 AM
 #15

this is not a ponzi. Please google ponzi and verify yourself what a ponzi is. I'm not lying, rules are exposed, but, please tell me if you can't understand them. I will try to be more clear.
I know, I have no reputation, How can I start building it?

If can help, I can pm you my phone number or email.

I was not thinking about to use an escrow. Which escrow should I use? I have got only 1 BTC should I send it to en escrow?
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January 27, 2015, 11:25:24 AM
 #16

Ponzies only pay in FIFO(first in, first out) order.

I will pay in FIFO and in LIFO(last in first out) order.
This is not a ponzy. It is an ability/gamble game. Like an horse race.

don't insult my intelligence

according to your post

49% of your deposit will be used to pay firsts players(FIFO)
49% of your deposit wil be used to pay lasts players(LIFO)

even if english is not my main language, I clearly understood this. my deposit will be used to pay first players!
bitcoinrace (OP)
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January 27, 2015, 11:39:44 AM
 #17

Seketsuna
Your deposit will be split in 3 parts
49% to first players
49% to last players(they will be calculated after the round end)
2% is my fee (I will use it to pay tx fees to miners)
Sum 100%
What is your problem? There are also some exaples on how I will split the budget.
Please help me to understand what you can't understend.
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January 27, 2015, 12:27:16 PM
 #18

...
I know, I have no reputation, How can I start building it?

If can help, I can pm you my phone number or email.

I was not thinking about to use an escrow. Which escrow should I use? I have got only 1 BTC should I send it to en escrow?


Yes, BTC1 in escrow is better than nothing. It will guarantee that you won't run with funds <BTC1.

Here's the list of members providing escrow services:

https://bitcointalk.org/index.php?topic=108716.0

List is not complete, but I'm sure you'll find someone.

And if the game proves popular you will earn some reputation over time.



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January 27, 2015, 01:16:23 PM
 #19

pawel7777
Thanks for your suggestions, I'm trying to contact an escrow from that list. So you don't have to trust me.
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January 27, 2015, 01:24:01 PM
 #20

This is not a ponzi. It is an ability game. you have to be the first or the last. No ponzi scheme here. Everything is provably fair by the blockchain.

People can see the transactions in the blockchain but it's easy to cheat anyway. You can deposit from many addresses in the beginning and just at the end to get most of the btc. : /

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