So Flexybit is an interesting case.
They did the exact same as Honest Doubler did back last October. Basically using their rules for being able to shut down whenever they want.
Now, trust me, Flexybit is obviously lying about how all the hosting has changed and what ever other excuses they gave, but you can stomp and yell all you'd like, giving flexybit death threats, but they actually have ALL the rights to do this.
I am sorry if I sound logical but it never says "we won't scam" in their rules. It says that you could lose all your funds and that this was gambling. And, in a sense, it was. So there's NO point in everyone telling the admin the horrible things some people have said.
Did Flexybit actually run out of funds? Hell no! They have funds coming in every other minute - I watched it live! There was no reason to shut down "round 1". And if they hadn't shut down round 1, and actually did run out of some funds, a small group of people would've lost compared to everyone. They just used that as a way to give refunds to prove their identity - to prove they were legit. And they got some of the biggest deposits in "round 2" which made their inner greed shine.
So point is that Flexybit is as much as scammer as the next. However, unlike most others, they NEVER promised to pay you all your money! You decided to put your money there and they said in the rules that you aren't guaranteed to win. Stop giving the admin death threats, learn from this and move on. As with ANY ponzi, it's not the admin's fault you lost - it's your own damn fault!
Not sure if this is positive or negative, but I take it as positive. - Thank you for your warm words.
However, round one had 0 funds. Deposits were coming in, that is right, but they all were very small. On the other hand, we had payouts of more than 15 BTC per 24 hours, and we just had no funds to pay some hightrollers and that was the end of round one.
Sort of both - really I have no place to be other than speculating. Either you're telling the truth or not I'll never know.
What really pisses me off is watching lame ass greedy people posting how they hope you're going to die and all these other horrific things. They need to look on the bright side - this was the longest running ponzi that doubled very quickly. Flexybit has also given tons of free btc.
People are just too greedy to understand how the world works. Did I lose btc in Flexybit round 1? Yeah but I'm not bitching and moaning about it. I read the rules, and invested what I could afford to lose. Did I want to lose, no, but I acknowledge that I was stupid enough to deposit in the first place.
And here's the thing: another doubler will startup tomorrow and will scam people. We never learn how to invest. We're all too greedy.
I'm not happy that I lost money on Flexybit but I'll move on and, as always, learn from this. Flexybit is just another doubler to put in the history books that we'll soon be able to remember.
Meanwhile, if you put your life savings into Flexybit and lost them, read the rules, it's your own damn fault!