Quote from: Juggy777 on January 11, 2018, 01:01:41 PM

Quote from: basu77 on January 10, 2018, 01:17:27 PM

Guys I'm working something, which I will definitely share with the community soon.

I've a very simple question to all traders and Bitcoin enthusiasts.

Would you be interested in taking part in a lottery where you can win 100 Bitcoins by investing 0.01 BTC?

Basic rules are as follows: Participation cost 0.01 BTC, 15,000 participants.. 1 winner gets 100 Bitcoins, 20 Runner up winners get 2 Bitcoins each.

I'm working on a similar concept - wanted some thoughts from you folks before I take it any further..

So will you invest 0.01 BTC to win 100 BTC? Yes or No and why...

I'm going to take a neutral stand, unless this all are clarified. What's the site name that will handle it. What method will you use, and please don't say random generator. There has to be a good script for this. No one will do it, unless the fund's aren't escrowed, who'll pay the escrow fee, and 15000 people that makes it a scam, I would recommend 150 people and reduce. You'll need a legendary member backing you. Till then neither do I say a yes or no.

Much appreciated.. see it doesn't hurt to share some constructive thoughts.

Well, at this point.. it is just an idea - nothing done yet.. no website or anything yet.. just wanted to see what others thought of it. As a casual observer of how people are investing and trading currencies, this would be another avenue for people to try their luck. How bad can it be - eventually one guy does get 100 Bitcoins.

Most of you guys own gambling businesses yourself, why don't you give this idea some thoughts.. you've the reputation and technology it seems, and I can assure the amount of media coverage you'll get iff done right will anyway boost your business 100 fold even if you don't make any money from this lotto itself.

I'm still analysing the pros, cons and the costs involved - will probably partner with a few of you from this forum and go ahead.. as the idea is not just a jackpot but much much deeper than that. and it sure as hell not a scam.. else I wouldn't be using my own identity or even discussing it on a forum.

I just feel, a 100BTC jackpot could drive huge traffic and we can easily get people to participate as tens of thousands of people are already invested in the market and thousands joining daily. There will be 20-30 winners with one of them winning 100 BTC.. I don't see any downside.. expect for all the negative ramblings of people scamming and stuff.

Frankly I don't even wish to make money from the jackpot itself, all the collections can to the winners - the traffic itself will pay for all the effort.

No one has done a 100 BTC jackpot yet... or have they?