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Author Topic: The bitcoin race.  (Read 956 times)
bitcoinrace (OP)
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January 27, 2015, 01:49:37 PM
 #21

Patt0 You are wrong. Of course I can play but I have no more chanches than you to win as I can't manipulate the order.
bitcoinrace (OP)
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January 27, 2015, 06:43:53 PM
 #22

 Are you interested in playing if I put 1btc to an escrow service?
Please tell me... I have to pay for that and I would like to know your opinion before. I'm honest. I'm not rich.
pawel7777
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January 27, 2015, 10:23:02 PM
 #23

Are you interested in playing if I put 1btc to an escrow service?
Please tell me... I have to pay for that and I would like to know your opinion before. I'm honest. I'm not rich.

I personally wouldn't. The game model isn't really attractive.

It's quite easy to be first. But even if you are, you're risking losing 2% if no one else is playing, or losing 1% if there are only 2 players.
You would have to guarantee at least 3 players to make it worthwhile.

Then again, if you see that there is already 1 player, you don't want to deposit too soon (so there will be no massive pot to win), and then you risk that:

1 your deposit won't get confirmed on time, you lose all.
2 someone else gets the last place, you lose all.
3 you get the last place, but since there are only 2 players, you still lose 1%.

So that risk is not worth the potential winnings, you'd be better off just playing on any dice site.

I like the idea of games provable by blockchain, but you should think of some other game structure.




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jayce
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January 28, 2015, 12:04:13 AM
 #24

how is this not a ponzi... anything with a deposit and the rate of return to be ridiculously high.. uh red flag.

unless you explain how you gain 150%?

R


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bitcoinrace (OP)
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January 28, 2015, 12:25:09 AM
 #25

pawel777 thanks. I will try something else.

Jayce, it would was like a competition where you have to be fast and precise and a little luck .

Every raffle and lottery take the prize from players deposit but you will not call them ponzi.

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January 28, 2015, 12:28:57 AM
 #26

if we deposit can a third party escrow hold the funds? are you against that..
bitcoinrace (OP)
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January 28, 2015, 12:36:57 AM
 #27

This is a game and not an investment service.
I will use an escrow to ensure you I will not run with your money.
Do you use an escrow when playing dices or others gamble games?
BitBerau
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January 28, 2015, 06:22:33 PM
 #28

i think u need site for this games..
bitcoinrace (OP)
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January 28, 2015, 06:39:21 PM
 #29

bitberau.
It was only a one round game, trying to see if can be some interest in this game, but no one is interested in it.
I'm working on a website with others games now.
I don't know if I will also add this game or not.
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