[1 BTC] Bitcoin Doubler, plus referral program. - page 3.

gamerkingx

full member

Activity: 140

Merit: 100

Quote from: Alex Beckenham on April 16, 2011, 03:48:07 AM

Quote from: gamerkingx on April 16, 2011, 03:29:43 AM

Started today , hope it works Cheesy

.

http://sldoubler.com/?id=59 <-- if someone wants Cheesy

2 blocks (118612-118614) further and no confirmation???

Is it confirmed yet? What address did you send to?

Well it got 1 confirmed block now and the adress is in my signature.

Alex Beckenham

full member

Activity: 154

Merit: 100

Quote from: gamerkingx on April 16, 2011, 03:29:43 AM

Started today , hope it works Cheesy

.

http://sldoubler.com/?id=59 <-- if someone wants Cheesy

2 blocks (118612-118614) further and no confirmation???

Is it confirmed yet? What address did you send to?

gamerkingx

full member

Activity: 140

Merit: 100

Started today , hope it works Cheesy

.

http://sldoubler.com/?id=59 <-- if someone wants Cheesy

2 blocks (118612-118614) further and no confirmation???

nphard

member

Activity: 66

Merit: 10

Quote from: Alex Beckenham on April 04, 2011, 10:18:08 PM

For me it feels like letting people use their own free will to participate in a game, or not participate.

I agree. I think most people are smart enough to view this as a form of gambling. As long as you're upfront with how the system works (and you are in the FAQ), I don't see the problem.

mitchy

newbie

Activity: 6

Merit: 0

I like it !!

http://sldoubler.com/?id=52 ;]

Alex Beckenham

full member

Activity: 154

Merit: 100

Quote from: error on April 04, 2011, 08:03:05 PM

I don't participate in things like this, precisely because it bothers me. It feels too much like ripping someone off, or getting ripped off, and not knowing which going into the transaction.

For me it feels like letting people use their own free will to participate in a game, or not participate.

左

sr. member

Activity: 476

Merit: 250

Quote from: TiagoTiago on April 04, 2011, 07:38:55 PM

It's like a pyramd, right?

Yup, and those at the top get the mostest, while those at the bottom get the leastest (if anything). Just another Ponzi scheme.

I have no problem with someone messing about with Bitcoin to enable direct payment. And this is one thing that doesn't actually require selling anything. But, it should be clear that is in fact a Ponzi scheme and that those at the bottom will receive nothing.

(Personally, I'd prefer to see more Bitcoin laundries, clean those bitcoins!)

error

hero member

Activity: 588

Merit: 500

Quote from: Gavin Andresen on April 04, 2011, 08:00:03 PM

Do these types of 'make money without doing anything productive' schemes bother anybody else, or am I just a financial prude who doesn't recognize harmless fun when I see it?

I feel like we might soon need a Frequently Seen Schemes to go along with our FAQ, just to let people know that using a different currency doesn't suspend the laws of economics.

I don't participate in things like this, precisely because it bothers me. It feels too much like ripping someone off, or getting ripped off, and not knowing which going into the transaction.

Gavin Andresen

legendary

Activity: 1652

Merit: 2216

Chief Scientist

Do these types of 'make money without doing anything productive' schemes bother anybody else, or am I just a financial prude who doesn't recognize harmless fun when I see it?

I feel like we might soon need a Frequently Seen Schemes to go along with our FAQ, just to let people know that using a different currency doesn't suspend the laws of economics.

TiagoTiago

hero member

Activity: 616

Merit: 500

Firstbits.com/1fg4i :)

It's like a pyramd, right?

nphard

member

Activity: 66

Merit: 10

Cool idea. Hope for my sake it catches on Tongue

idev

hero member

Activity: 859

Merit: 1004

BTC OG and designer of the BitcoinMarket.com logo

Well done and nice work Grin

I actually wanted to start a bitcoin doubler, but i can't code
for the life of me.

Just joined also, good luck with the site.

Alex Beckenham

full member

Activity: 154

Merit: 100

Quote from: randomguy7 on April 04, 2011, 03:00:15 PM

How many blocks are required for confirmation (in the line)? When will the payout be processed?

Just 1 block.

+ plus some time for a cron to run. It's currently set to run every 5 minutes while the site is new.

randomguy7

hero member

Activity: 527

Merit: 500

How many blocks are required for confirmation (in the line)? When will the payout be processed?

Is the 14 your lucky number? Then use this link to sign up: http://sldoubler.com/?id=14 (lol)

Alex Beckenham

full member

Activity: 154

Merit: 100

Quote from: ?? on ??

So what happens if someone uses my reflink? http://sldoubler.com/?id=6

If someone pays for an entry using your referral link, you'll get 0.2 btc as soon as the entry has 1 confirmation.

Alex Beckenham

full member

Activity: 154

Merit: 100

Quote from: Ownski on April 04, 2011, 02:45:02 PM

How does this work exactly?

Each person pays 1 btc to go on a list.

Every time 3 entries are received, it causes a 'cycle' which means the next person on the list gets 2 btc sent to them.

For each 3 btc in, it pays out 2.6 btc. So the site keeps 0.13333333 per entry received.

Edit: I should point out that even if it takes you forever to reach the top of the list, you can still get paid 0.2 for all your referrals' entries.

Ownski

full member

Activity: 180

Merit: 100

How does this work exactly?

Alex Beckenham

full member

Activity: 154

Merit: 100

My first attempt at a site with direct transaction handling (without using MyBitcoin.com or similar).

A simple doubler for 1 btc, pays out 2 btc to the next person in line:
http://sldoubler.com

Refer people to the site and earn 0.20 btc for every entry they pay for.

Please leave feedback for me as I also did this as an academic excercise.

Thanks

Edit: I just deleted my 2 test entries from the top, so real members that aren't me will start getting paid.
The Active entries counter relies on confirmations, so those of you (THANKS BY THE WAY) that have paid for entries, they are still on 0 conf at the moment.

Topic: [1 BTC] Bitcoin Doubler, plus referral program. - page 3. (Read 13998 times)