This interesting website has turned a bitcoin faucet into a microeconomy

A handful of peeps have harvested over $100 worth of btc since this site launched 3 days ago.
Opinions?

bitchikun.wordpress.com/2016/06/12/introducing-bit-chikun-com/

Other urls found in this thread:

bit-chikun.com/results/
twitter.com/NSFWRedditImage

botnet

The site has only been up for 3 days, some of it's users are making over 90% return every 10 minutes while the traffic is low!

botnet?

Fine user i'll go take your money.
I'll upvote you on reddit again too, k?
Good luck with your site

thanks dude :)

Clickbait won't work here. Go try it on facebook or reddit.

exhausted reddit. facebook is the devil.

So in order to get the pot we have to send you a bigger pot? How is this not a scam.

So if I make 10 bets of $1000 each, wouldn't that be unfair to the others?

hopefully there is strategy involved since you can see the previous transactions on the results page, users should be able to make an educated guess as to how much risk it is necessary to take on in order to have a high chance of victory.

> So if I make 10 bets of $1000 each, wouldn't that be unfair to the others?

Fairness doesn't come into it.

this is capitalism.

No, how? You're just being less risk adverse, so you win. That's the point of the game. If you're more willing to expose yourself to risk than the other person, you win. Not OP, just jelly that he's more creative than me

you can click on the other persons post number to reply to them ;)
If their text is highlighted when you do so, it'll be quoted

>If their text is highlighted when you do so, it'll be quoted
ah, thank you sir :)

What I mean is, it isn't likely that anyone is betting more than $1000. If I had the money (and did not think that this were a scam), I'd probably make 10-20 of bets and win, most, if not all the pots.

no prob senpai. I think your site could be as popular as satoshi dice, but I don't know anything about gamblers or what they like. I think it's a really cool idea though. I thought it would get more attention on reddit, but it seems you aren't using any paid shills like most companies do lmao

But you'd only win a few bucks, look at the "results" page and see past wagers placed. Presumably, if somebody saw you making big bets acting like a hot shot, that's when they'd make start making bigger bets to beat yours. Bots would make this interesting, but he has captchas to prevent it.

But then you would reveal yourself to the community and someone with $1010 dollars who's equally as reakless as you might think it's worth staking on order to try and gobble you up. Or so the theory goes :)

fuck off scam nigger

>you aren't using any paid shills like most companies do lmao
lol, that's because I'm too flippin poor ;)

>Bots would make this interesting, but he has captchas to prevent it
I've thought about removing the captchas but decided against it for now. Maybe I'll give it a rethink at some point. Would you remove the captchas if you were me?

I don't think I would, but I haven't thought deeply about the consequences. It would mostly be interesting for people with deeper pockets and skills, and might make it less fun for anyone else.

he's suspicious. people post links to malware sometimes
add ethereum and post it on /biz/

I know very little about programming for ethereum, that would be a distant modification im afraid.

post it there anyway, they like cryptocurrencies and sometimes gambling

did that - bit friendlier in here though ;)

>I'll make money by redistributing other people's money!
Only OP wins in this game.

So somebody made a penny auctions scam without even having auctions, and retards fall for it anyway. There really is no hope for mankind.

the site take 2%, the players win and lose.

wew sounds like a once in a lifetime opportunity. looks like i know where to invest all of my money! \

sent :)

It's not something you can invest in.

>if (deposit > 1 btc)
> steal money

What i meant exactly. I doubt anyone's planning to put in that much, not now atleast

Good luck getting money from idiots, OP.
I know I'm not one :^)

Track the sites author and looks at how he advertises this shit, just like he did here

Why the fuck havent mods deleted this fucking samefag advertiser.

>it offers participants the ability to make educated guesses as to the likelihood of success bases on the public transaction history
>bases
These faggots can't even take the time and effort (you know, a whole right click) to proofread their website, yet we're supposed to trust them with cryptocurrency?
Also
>naming your shit after some ATHF meme that's older than most of Sup Forums users

Take a look at the results page - bit-chikun.com/results/

There have been very few wagers over 0.002, a pledge of $1.40 has a chance of yielding a 50% return in the next 10 minutes. No rational person would turn down that opportunity, would they?

> some of it's users
> it's users
> it's

first paragraph from the site

> Bitcoin seemingly brings innovation to any industry it touches and it’s implications are far reaching.
> it's implications
> it's

Learn how English works you fucking retard.

The lack of professionalism is astounding. On top of that, he's very clearly prioritizing marketing over actual execution of the website and service

>i'll make quick buck here

Yeah I hate that too, cheers for pointing it out.

It's a side project I put together for fun, it's a web app...

darn tootin'

Don't let them get you down derrend! Your project is cool.

spam is against global rules

buy ad space so i can block it

From what I gathered from the thread it's just csgojackpot for bitcoin, how is it at all revolutionary.