Topic: 1200 satoshi every 8 minutes. Is bitcoin-flow a ponzi? (Read 1200 times)

There are a lot of posts discussing about the bit-flow is a ponzy or not...let me tell u that it is paying but if is a ponze

Perhaps, they have read the blockchain with leaked infomation. They make very great from there and withdraw all successfully to run the game, Or the worst?

1. Have you deposited any in it?
2. Are you able to get 0.00001 BTC within a day from this?

For the time being. I cannot determine if it's a ponzi or not. I need at least 90 days or more to determine accurately.

When I click that one, I noticed it is under some "moderate attack". Perhaps some people have been using level-2 or higher package?


Some suggestions.
If you are not sure, just use their money to pay their service. Then should be fine.


Here is the information, It is pretty young.

From whois.net,accessed on 14 Feb 2015, 1719 +0800
Whois Server Version 2.0

Domain names in the .com and .net domains can now be registered
with many different competing registrars. Go to http://www.internic.net
for detailed information.

Domain Name: BTC-FLOW.COM
Registrar: REGISTRAR OF DOMAIN NAMES REG.RU LLC
Sponsoring Registrar IANA ID: 1606
Whois Server: whois.reg.ru
Referral URL: http://www.reg.ru
Name Server: SEAN.NS.CLOUDFLARE.COM
Name Server: SUE.NS.CLOUDFLARE.COM
Status: clientTransferProhibited http://www.icann.org/epp#clientTransferProhibited
Updated Date: 02-feb-2015
Creation Date: 02-feb-2015
Expiration Date: 02-feb-2016

>>> Last update of whois database: Sat, 14 Feb 2015 09:18:26 GMT <<<

I like to know who are these contributors. Perhaps with the comments so far, I think the black hats or the white hats are behind the project. Perhaps we will know who are the most responsible for 650K+ BTC stolen?

I just noticed they have a level called MTGOX
WTF?
What are they trying to tell us?

^^^ all of this

Edit - Everyone wants to steal your coins. HODL people.

Yes it is a ponzi obviously , people will simply get greedy and start wasting their money on that Upgrade level thing . and then the owner will simply walks own and take the money . It dosen't require anything but a brain to know that it's a scam , he only use Captcha's and that's obviously won't make do host costs and make him profit at all

~ Madness

Eventhough its a scam, it pays more than other faucets do. Don't invest there and enjoy while they are exist
"MAKE HAY WHILE THE SUN SHINES"

This is the best faucet that i have seen
You better take as many bitcoin as you can without "invest" anything

A lot of people already got some nice bitcoin here with multiple account with refferal link
But, never "invest" anything

Right after the spammers give up!   

I'm quite impressed with how elaborate these ponzi schemes are becoming. At least with this one you can make some really decent satoshi with no risk whatsoever.

When will the ponzi's stop? 

it is just run with the first big deposit we get scheme.

I doubt the bigger levels will reward as promised

Cha-Ching! 100,000+ satoshi per day is pretty easy... and much less work than regular faucets.

lol, yeah you're right. I just tested and got 200 more than expected.

Oh, also.. I noticed that if you claim your reward before it fills up to 1200 you actually get more than the indicated claim. (ie. claim at 500 and actually receive 800!) Oops... fire your programmer and your beta-testers! Lol.

"Cheat unto them as they cheat unto us." I think I read that in the bible... somewhere near the back.

That's wise. You are welcome I will probably do the same!

Thanks for the advice. I agree. My "level upgrader" just unlocked. The low levels appear to gain you insignificant advantage. But the levels that cost a whole bitcoin or more appear lucrative... until they run off with everyone's money. Definitely a nice faucet and I'll be cashing out every day while it lasts =)

Yeah it's a ponzi. I wouldn't upgrade levels. They will probably run away as soon as someone give them a big amount. Keep the first level and enjoy it as a faucet.

http://btc-flow.com

Is it a ponzi scheme?

Paying out 1200 satoshi every 8 minutes it is far more lucrative than any other bitcoin-faucet. But with no advertising on the site or other apparent revenue generation model it starts to seem a little suspicious

Higher levels can be unlocked with larger and faster payouts simply by buying your way into the next level with a bitcoin payment. You can do so either by using the balance you've accumulated, or by sending them bitcoins. Err... even more suspicious.

I accumulated 90,000+ satoshi by monkeying with it for about a day. I decided to try a withdrawal to see if it pays out at all. The faq states that withdrawals take up to 24 hours. I requested 90,000 satoshi and received it within a couple of hours.

So what do you think? Ponzi or not? Doomed to die a rapid death at this high rate of payout?