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Game Wagering with Bitcoin and USD

koalah.co

31–37 of 37 posts

Re: Game Wagering with Bitcoin and USD

#32
post #8

Earlier quoted context omitted.

Hey, our intention is not to reveal your BTC activity with your real identiy. The BTC is simply used to deposit and withdraw money as an alternative to the man, aka PayPal. We're huge supporters of BTC and the Ethereum project and tying in BTC was our way of opening it up to a community that does not look fondly upon fiat currency. The 90 day waiting period is only for accounts that are flagged by our security protoc…

Do you guys realize Bitcoin transactions are not reversible? Why not update your "security protocol" and take advantage of this new technology? Btw Ethereum is a scam. Why would you support that instead of say sidechains or Counterparty, and take advantage of the already existing code, infrastructure, adoption, and network effect in general?

Can you clarify what you mean by scam? (note: I did not purchase any ether at the presale, and I do not own any of any cryptocurrency. I have no financial stake in any cryptocurrency succeeding. I am interested by the ideas in Ethereum though.)

Are you saying that it is a scam because you consider anything which has a presale to be a scam? (Or because of part of how the presale was set up, and what guarantees were or were not made at the time? Or because of the magnitude of the presale?) Or do you not believe that they will create what the have stated that they intend to create?(and believe that they have intentionally deceived others in this regard.) Or do you believe that what they create will be insufficiently secure due to network effects, and that that alone makes it a scam?

Or do you mean because of the proof of stake thing, and the nothing at stake problem? (In that case, note that they said that they are starting with proof of work, and I believe they also said that whether they actually do switch to proof of stake depends on what the users decide? I found vitalik's post about "weak subjectivity" to be fairly convincing. There seems to be a good faith belief that it does not contribute significantly to centralization, and as such, even if it is wrong, I don't think I would consider it to be a scam.)

Or some other reason which I have not considered or listed, of course.

Re: Game Wagering with Bitcoin and USD

#33
post #27
post #25

Can you explain how to actually win? I've done more than 40 points in snake an lost. I How much points do I need to win?

That is where the chance comes in! You play the person who plays concurrently before or after. Sometimes it only takes 2 points, sometime it takes 85 points. All depends on the luck of the draw. Good luck playing!

But is saying "waiting" and no money are in. Now I can't play because I have no usable money to play, they are all pending... Also some of "waiting" just disappeared WTF! You should keep all the history to check. I think this happened because you only show the last 5 in history...

Also now is boring... I don't even know if I lost or won..

Re: Game Wagering with Bitcoin and USD

#35

Well I got locked in flappy bird and then I got this message "Your account has been flagged as having experienced a security breach. " I made like +30 points... Please take a look if is all right. Maybe I won too much? (1.8$)

Shoot me an email at ari@koalah.co. I'll check it out

Re: Game Wagering with Bitcoin and USD

#36

Is this legal?

No. I'm pretty sure that it against the law to accept bets online.

Yes, this is legal. We fall under games of skill opposed to games of chance. More info on why this is legal: blog.koalah.co/post/86647837513/what-is-the-cash-based-skilled-gaming-industry

Re: Game Wagering with Bitcoin and USD

#37
post #33
post #27

Earlier quoted context omitted.

That is where the chance comes in! You play the person who plays concurrently before or after. Sometimes it only takes 2 points, sometime it takes 85 points. All depends on the luck of the draw. Good luck playing!

But is saying "waiting" and no money are in. Now I can't play because I have no usable money to play, they are all pending... Also some of "waiting" just disappeared WTF! You should keep all the history to check. I think this happened because you only show the last 5 in history... Also now is boring... I don't even know if I lost or won..

We are working on getting more players. Sorry about this.
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