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Topic: Bitcoin Pyramid [Beta] - the oldest working pyramid? [OLD THREAD] - page 20. (Read 62489 times)

sr. member
Activity: 294
Merit: 250
look around, my friend.  Your pyramid game here has way more spammers than other similar games.

all is fair in love and money.
newbie
Activity: 31
Merit: 0
Well, this is official thread of Bitcoin Pyramid, and they even have link to this page at their website. IMHO it's not good idea to advertise other project in their thread

From the other hand, I've found link to this game from the thread of fitst bitcoin piramid, btlex or something like that, but they were dead or at least in coma at that moment
sr. member
Activity: 294
Merit: 250
Why not start new thread for your game? This is discussion of other project

It has a thread.  It's not my project.  I'm just a player.  I'm posting here, because this is a similar game, and I think i might get some people to play.  Like your game, this game requires more players to pay off earlier players.

Like players in this game, I am cross posting to similar threads.

All the pyramid / ponzi games are similar.  We all need to promote to get new players to pay the bets we made.  A little cross-promotion never hurt anyone.  In fact, I've found some really profitable games that way.
newbie
Activity: 31
Merit: 0
Why not start new thread for your game? This is discussion of other project
sr. member
Activity: 294
Merit: 250
http://bitcoinsurf.net/kingofthemountain/  (Ponzi / Pyramid game) started 45 minutes ago.  It goes for 1 week.  Get in NOW and win!  (time at the top is broken at them moment)

I've won tons of BTC from this game.  GO GO GO!


(sorry for the spam)
newbie
Activity: 31
Merit: 0
Currently each member receives 50% of income of his/her referrals.

Since membership is free, some members build a sequence of zero-accounts thus reducing the profit of their sponsors, which is not quite fair.

I propose to change the rules and to implement the following algorithm:
  • When member deposits newDeposit btc, his/her sponsor will receive max( min(0.5*newDeposit, 0.01), min(depositedBySponsor, 0.5*newDeposit) )  btc and the remainder will go to random member(s).
  • When member's balance hits the threshold (currently 0.021 btc), his/her sponsor will receive max( min(0.5*balance, 0.01), min(depositedBySponsor, 0.5*balance) ) btc, 0.5*balance will go to member's withdrawal address, and the remainder will go to random member(s).

Thus newcomers without bitcoins will be able to start earning bitcoins for free, and at the same time people who have bitcoins will not be too interested in making many zero-accounts. I expect that this measure will increase the profits of those who deposit something.

What do you think, is it worth of implementing?

Just read it, ignore my previous question then

Well it makes sense, but in some cases, like mine, when you make small deposit to try how it's all working, and refered someone who deposited much more, you will earn too small amount.

I refered person who is now in hall of fame, but received even less then my inicial deposit. I think it's not fair)))
newbie
Activity: 31
Merit: 0
Hello!

I am little confised, this is my stats - http://bitcoinpyramid.com/member/242
I have one referal - http://bitcoinpyramid.com/member/255 (from hall of fame!) he deposited 5BTC, and I've espected to earn 50% of his deposit, but due to my statistics, I've received much less - http://bitcoinpyramid.com/member/242/history

Please explain, thanks! BTW I speak russian, so you can send me PM with answer in russian and I will post translation here, if you need
hero member
Activity: 491
Merit: 500
Just got my first automatic withdrawal today of 0.02149

Ive deposited 1.1 in total
legendary
Activity: 1199
Merit: 1012

Ill deposit when I get something withdrawn^^ http://bitcoinpyramid.com/r/38

with only a 0.02 deposit you probably aren't going to see anything...

chances are low... but sooner or later it might happen, as just happened to #13  

Update: oops, I am sorry, it happened long ago. But #204 got random payment today. S/he has 0.1 btc deposited.
member
Activity: 65
Merit: 10
Come on people, deposit some more!

Ill deposit when I get something withdrawn^^ http://bitcoinpyramid.com/r/38

with only a 0.02 deposit you probably aren't going to see anything...
full member
Activity: 191
Merit: 100
Come on people, deposit some more!

Ill deposit when I get something withdrawn^^ http://bitcoinpyramid.com/r/38
member
Activity: 65
Merit: 10
Come on people, deposit some more!
legendary
Activity: 1358
Merit: 1002
New rules are awesome Smiley! Very good stimulation.
The best illustration: http://bitcoinpyramid.com/member/255/history

Thanks for the new rules, finally i made some money from the pyramid. 2 random payments!

legendary
Activity: 1162
Merit: 1008
New rules are awesome Smiley! Very good stimulation.
The best illustration: http://bitcoinpyramid.com/member/255/history
legendary
Activity: 1199
Merit: 1012
Should I change the wording in rules, stats or welcome pages?
legendary
Activity: 1199
Merit: 1012
Say I deposit 1 BTC.
1st referral deposits 1 BTC as well, so I get 0.5 BTC.
2nd referral deposits 10 BTC, but I get only 1.01 BTC.
Then of course my referrer get's my cut.

Right, you will receive 0.5 + 1.01 btc in total (0.5 from the first referral + 1.01 from the second one). The remainder will be distributed randomly, and since you deposited 1 btc, you have a chance to get part of it too. If your existing referrals deposit or receive any income and hit the threshold, you will get up to 1.01 from each of them as many times as they do so. That means if they win random payouts and hit the threshold, you will get something from it too.

Does that apply to all members or only new members?

This applies to new payments of all members. Bitcoin Pyramid is a pyramid and it is in Alpha stage. I hope that everybody realizes the risks of taking part in it. I try to make rules fair and stimulating for growth. If somebody feels that something is going wrong, please let me know and we'll try to fix it.

PS: Thanks for clarification, Yeti.
member
Activity: 112
Merit: 10
Firstbits: 1yetiax
Let me clear that up, because at first I was shocked that I could only profit 0.01 BTC from the pyramid now... Wink

Say I deposit 1 BTC.
1st referral deposits 1 BTC as well, so I get 0.5 BTC.
2nd referral deposits 10 BTC, but I get only 1.01 BTC.
Then of course my referrer get's my cut.

Does that apply to all members or only new members?
legendary
Activity: 1199
Merit: 1012
New algorithm of money distribution has been released. Rules changed: members can receive no more than amount of money they deposited + 0.01 btc at a time. The remainder goes to random member(s). Hence there is no much sense in creating many zero deposit accounts. Members who deposit more money receive more profits.
legendary
Activity: 1199
Merit: 1012
What about development? Would we see a beta-version soon?

The plan is to have Beta by August, 15:
1. Release a version with new algorithm of money distribution [by July, 25]
2. Release a version which shows number of levels of the pyramid [by August, 1]
3. Maybe add some social buttons for twitter/facebook [by August, 8]
4. See how it works for a week. If everything is fine and no bugs found, then:
4.1. call it Beta-version [by August, 15]
4.2. resume paying small bonuses for newcomers who send me their memberId
4.3. start advertizing Bitcoin Pyramid outside the forum
legendary
Activity: 1162
Merit: 1008

I propose to change the rules and to implement the following algorithm:
  • When member deposits newDeposit btc, his/her sponsor will receive max( min(0.5*newDeposit, 0.01), min(depositedBySponsor, 0.5*newDeposit) )  btc and the remainder will go to random member(s).
  • When member's balance hits the threshold (currently 0.021 btc), his/her sponsor will receive max( min(0.5*balance, 0.01), min(depositedBySponsor, 0.5*balance) ) btc, 0.5*balance will go to member's withdrawal address, and the remainder will go to random member(s).

Thus newcomers without bitcoins will be able to start earning bitcoins for free, and at the same time people who have bitcoins will not be too interested in making many zero-accounts. I expect that this measure will increase the profits of those who deposit something.

What do you think, is it worth of implementing?

No doubts, this rule is the foundation stone of successful structure! I vote for it!
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