Gumby's Crypto Investment Challenge - Official Entries Thread

Discussion in 'Blockchain & Cryptocurrency Mining' started by shredder, Jan 13, 2018.

  1. shredder

    shredder Member

    Joined:
    Dec 26, 2001
    Messages:
    10,155
    Location:
    Dec 27, 1991
    Gumby's Crypto Investment Challenge - Official Entries Thread

    GumbyNoTalent's most excellent fun challenge idea is here!

    -------

    For the sake of organisation, please chat in the other thread.

    -------

    HOW TO TAKE PART

    The challenge has now begun, so it's no longer possible to enter... this time.

    --------

    HOW IT STARTS

    At 00:00, at the beginning of Saturday AEDT, January 20th, a list has been published below, showing exact amounts of certain cryptos.

    OFFICIAL STARTING AMOUNTS (choose one) :
    Bitcoin : 0.003424660
    Ethereum : 0.03762600
    Ripple : 24.42500000
    Bitcoin Cash : 0.02212000
    Cardano : 60.60600000
    Litecoin : 0.20341740
    NEM : 37.30500000
    NEO : 0.27300000
    Stellar : 77.65482000
    IOTA : 14.19245000
    Tether (USDT) : 40.00000000

    Your mission will be to obtain one of those exact amounts (or less! if you want to start at a disadvantage, that's fine by everyone else!), at any time during Saturday 20th, midnight to midnight AEDT. And screenshot evidence (added detail here). And post that screenshot in this thread. Before midnight at the end of Saturday 20th Jan.

    The screenshot should show - Where, When, and How Much.

    Simple as that. And that. And that.

    --------

    WHAT YOU DO

    You take that official starting amount, and you trade. As much or as little as you choose.

    The trades are to take place:
    • on exchanges, where judges may later view your transactions; or
    • on blockchain in other traceable, auditable fashion (such as investing in ICO's - and yes, you may do this).
    Trade types not permitted:
    • "OTC" (over the counter) trades, off the books;
    • personal trades between friends, family or other such associates;
    • any other outlier trade type or style deemed by a majority of the judges to be outside the spirit of the challenge.
    --------

    HOW IT ENDS

    The challenge is over:

    (a) when the first three people reach 1000 AUD equivalent value; or,
    (b) at midnight Australian Eastern Time at the end of 31 March 2018;

    Whichever occurs first.

    When you believe you have reached the 1000 AUD equivalent level, please contact one of the judges and they will evaluate your claim before making any official announcement.

    --------

    HOW IT WILL BE JUDGED

    A set of 3 judges will conclude any necessary verification, and reach majority agreement before releasing a final placing decision. The top three place winners may be required to undergo detailed verification by the judges.

    Respected member DarkStyle has nominated as the judges: myself, Koss, and GumbyNoTalent.
    For any objections or comments regarding this, please post in the other thread.

    --------

    WHAT'S IN IT FOR YOU

    A firm kick up the buttocks!

    But no, seriously. In addition to said kick, there is the distinct possibility of secret, definitely not to be revealed, pleasant outcomes (not to be confused with happy endings) for the top three placegetters. It may be trivial, or it may be cool, or it may be nothing at all, nobody knows.

    However, that is not the focus of the challenge.

    It is a challenge for fun, and glory... and the inevitable shame for some. :p

    -------
     
    Last edited: Jan 20, 2018
    whatdoesthisdo and ksyap like this.
  2. OP
    OP
    shredder

    shredder Member

    Joined:
    Dec 26, 2001
    Messages:
    10,155
    Location:
    Dec 27, 1991
    PARTICIPANTS LIST

    1. GumbyNoTalent
    2. shredder (non-competing participant due to being an organiser and/or judge)
    3. nin82
    4. ChiefBoss
    5. srey
    6. Gunna
    7. elcarter1
    8. datfreak
    9. NerfDude
    10. whatdoesthisdo
    11. antstar
    12. dirkmirk
    13. Smoothie
    14. clonex
    15. Glitchlol
    16. Ksyap
    17. Optimus.
    18. guy.incogneto

    [now closed]

    ==


    **SHOULD** YOU TAKE PART ??!

    aka PREACHY DISCLAIMER

    This challenge is primarily for OCAUers who already have some basic experience trading cryptocurrency. It involves having crypto funds ready on a crypto exchange*, ready to go.

    If all this means less to you than it should, then you may not be ready for "the challenge"! :)

    DO NOT take part in this challenge if you are not prepared for the possible outcome of losing the approx 50 AUD starting amount, by way of unsuccessful trading and/or issues with exchanges.

    *examples of crypto exchanges are Bittrex, Binance, Bitfinex, to name a few major ones, and BTCMarkets, Poloniex and Cryptopia to name some smaller ones. Familiarity with these markets and others will play a big part in this challenge.


    RESULTS

    For final results, see post at:
    https://forums.overclockers.com.au/posts/17859313/
     
    Last edited: Apr 22, 2018
    whatdoesthisdo and ksyap like this.
  3. nin82

    nin82 Member

    Joined:
    Oct 17, 2005
    Messages:
    239
    Location:
    Brisbane
    I'm in :thumbup:
     
  4. srey

    srey Member

    Joined:
    Jun 3, 2007
    Messages:
    890
    I'll play.

    (and suck, but I'll play!)
     
  5. Gunna

    Gunna Member

    Joined:
    Dec 25, 2001
    Messages:
    6,082
    Location:
    Brisbane
    I'm in, however I will also put my hand up as a judge and therefore won't compete(but will still play along) if required
     
  6. elcarter1

    elcarter1 Member

    Joined:
    Feb 24, 2007
    Messages:
    315
    Location:
    Adelaide
    I'm in despite you lads making buy dirty ripple again...;)
     
  7. datfreak

    datfreak Member

    Joined:
    Apr 10, 2006
    Messages:
    782
    im in - if I can get my funds in and verified in time
     
  8. NerfDude

    NerfDude Member

    Joined:
    Jan 26, 2003
    Messages:
    426
    Location:
    Victoria,Australia
    I'm in.
     
  9. whatdoesthisdo

    whatdoesthisdo Member

    Joined:
    Jan 19, 2011
    Messages:
    6,910
    Location:
    Brisbane
  10. ksyap

    ksyap Member

    Joined:
    Aug 31, 2008
    Messages:
    996
    Location:
    South East Melbourne
    Sure count me in too
     
  11. ChiefBoss

    ChiefBoss Member

    Joined:
    Mar 22, 2012
    Messages:
    419
    Location:
    Melbourne
    Sorry everyone, you'll all have to settle for the minor placings, I've got this.

    PS: My intention still stands, if I do win funds will be pooled and we all vote for a coin to dump into and check back on it in say 12/24 months and split what's there evenly amongst the participants.
     
  12. GumbyNoTalent

    GumbyNoTalent Member

    Joined:
    Jan 8, 2003
    Messages:
    5,510
    Location:
    Briz Vegas
    [​IMG]

    Sure you have.
     
    Last edited: Jan 14, 2018
  13. ChiefBoss

    ChiefBoss Member

    Joined:
    Mar 22, 2012
    Messages:
    419
    Location:
    Melbourne
    A great australian tale!
     
  14. OP
    OP
    shredder

    shredder Member

    Joined:
    Dec 26, 2001
    Messages:
    10,155
    Location:
    Dec 27, 1991
    Stop spamming my clean, organised, pristine Entries thread. :p

    Bugger off to the other thread. Or I'll disqualify you! ;)
     
  15. antstar

    antstar Member

    Joined:
    May 19, 2002
    Messages:
    870
    Location:
    Melbourne, Aus
    I'll join too - thanks
     
  16. dirkmirk

    dirkmirk Member

    Joined:
    Apr 3, 2002
    Messages:
    3,991
    Location:
    Shoalhaven - Gods Country
    Count me in
     
  17. Smoothie

    Smoothie Member

    Joined:
    Oct 12, 2003
    Messages:
    443
    Location:
    Bendigo, Vic
    I also will be in on this.
     
  18. clonex

    clonex Member

    Joined:
    Jun 30, 2001
    Messages:
    18,270
    Location:
    north pole
    Im in
     
  19. Glitchlol

    Glitchlol Member

    Joined:
    Mar 2, 2004
    Messages:
    1,888
    I'm in!
     
  20. Optimus.

    Optimus. Member

    Joined:
    Jun 27, 2002
    Messages:
    6,289
    I'm in, I'm going for the wooden spoon.

    Put it all on XRP!
     
    ChiefBoss and whatdoesthisdo like this.

Share This Page