Author

Topic: Bitcoin pyramid scheme [btcpyramid.eu] (Read 1382 times)

newbie
Activity: 14
Merit: 0
June 14, 2014, 06:48:34 AM
#42
The faster you join the more you will earn Wink

Goodluck everyone!
newbie
Activity: 14
Merit: 0
June 13, 2014, 01:06:12 AM
#41
already 0.07BTC paid out!

newbie
Activity: 14
Merit: 0
June 12, 2014, 06:16:49 PM
#40
Some people think this is a scam, but why?

I will never run away with bitcoins because I have the top position and I also earn money on this pyramid scheme.

And everyone has to know that this is a pyramid scheme, that means that people on the lowest level don't receive any money if there are no new investments. This is the same as all ponzi and pyramid schemes but that doesn't mean that you will get scammed because there are a lot of people that can invest on this pyramid scheme.

And there are people that have the wrong vision on a pyramid scheme because it's different than a ponzi scheme.

When you invest in a ponzi scheme you can only receive a payment once (around 120% of your investment)

With this pyramid scheme you can receive 0.01 on every new level (100% of your investment for every new level) and you can enter as many times as you want.

The second difference between this pyramid scheme and a ponzi scheme is that 1 new investment can pay multiple people in the upper levels.


Let's spread the word for this new type of pyramid scheme and earn some bitcoins!
hero member
Activity: 784
Merit: 1000
June 12, 2014, 11:10:51 AM
#39
i've offered the link, and advised you use the scam accusations subsection, that's what it's there for.

I'm not accusing anyone of scamming, I'm just warning users that someone will eventually get scammed.

 Roll Eyes


everyone who participated is guilty of setting the things up for the last person(s) who get(s) scammed.


I suggest that, if you have any accusations to make, you post them in the relevant forum section - HERE

That hasn't happened yet, I was talking about when the last person gets scammed. And ever then, why would I bother reporting anyone? Wasting my time on a warning was already enough for me, hope you learn it the hard way. I'm out.

I looked up the word Scam for you since you keep using it and aren't sure what it means...

Scam-a dishonest scheme; a fraud.

Where is he being dishonest, Does he ever say it will go on forever, nope, does he say you are promised to get paid, nope, he does nothing of the sort at all.

A scam is where I would say, If you give me .02 BTC, I WILL PROMISE I CAN DOUBLE IT for you and return .04 in 1 hour.  That is a scheme, a scam, dishonest.  If he said this thing will go on forever, and everyone will make a lot of money, that would be a scam.  This is just gambling at its finest my friend, and gambling is not a scam.
member
Activity: 70
Merit: 10
Deceased
June 12, 2014, 11:02:05 AM
#38
i've offered the link, and advised you use the scam accusations subsection, that's what it's there for.

I'm not accusing anyone of scamming, I'm just warning users that someone will eventually get scammed.

 Roll Eyes


everyone who participated is guilty of setting the things up for the last person(s) who get(s) scammed.


I suggest that, if you have any accusations to make, you post them in the relevant forum section - HERE

That hasn't happened yet, I was talking about when the last person gets scammed. And ever then, why would I bother reporting anyone? Wasting my time on a warning was already enough for me, hope you learn it the hard way. I'm out.
sr. member
Activity: 434
Merit: 250
June 12, 2014, 10:59:39 AM
#37
i've offered the link, and advised you use the scam accusations subsection, that's what it's there for.

I'm not accusing anyone of scamming, I'm just warning users that someone will eventually get scammed.

 Roll Eyes


everyone who participated is guilty of setting the things up for the last person(s) who get(s) scammed.


I suggest that, if you have any accusations to make, you post them in the relevant forum section - HERE
member
Activity: 70
Merit: 10
Deceased
June 12, 2014, 10:58:21 AM
#36
i've offered the link, and advised you use the scam accusations subsection, that's what it's there for.

I'm not accusing anyone of scamming, I'm just warning users that someone will eventually get scammed.
sr. member
Activity: 434
Merit: 250
June 12, 2014, 10:57:29 AM
#35
However in most ponzis they state that they will not pay out if no one continues investing, so in a way it is gambling.

Putting up a warning sign saying there's a chance I might scam you doesn't make it any less than a scam, and no it's not gambling. Casino's are mathematically "provably fair" and ponzis are not. *end of discussion*

that's a bit of a broad and slanderous comment - I sent the OP some beer money (on account of the fact that he even tries to set up a website for this ponzi - made me LOL quite vigourously) , where am I guilty of scamming anyone?

You've made a deposit, now there's proof they paid back. It's gonna attract more users and one of them will eventually get scammed. And it's technically a scam, unless you can prove ponzis are provably fair.

Not to mention that most of them are an outright scam and run away with the money somewhere in the middle anyway. I assume we're talking about a "legit" ponzi that doesn't run away.

i've offered the link, and advised you use the scam accusations subsection, that's what it's there for.

I suggest that, if you have any accusations to make, you post them in the relevant forum section - HERE
member
Activity: 70
Merit: 10
Deceased
June 12, 2014, 10:55:16 AM
#34
However in most ponzis they state that they will not pay out if no one continues investing, so in a way it is gambling.

Putting up a warning sign saying there's a chance I might scam you doesn't make it any less than a scam, and no it's not gambling. Casino's are mathematically "provably fair" and ponzis are not. *end of discussion*

that's a bit of a broad and slanderous comment - I sent the OP some beer money (on account of the fact that he even tries to set up a website for this ponzi - made me LOL quite vigourously) , where am I guilty of scamming anyone?

You've made a deposit, now there's proof they paid back. It's gonna attract more users and one of them will eventually get scammed. And it's technically a scam, unless you can prove ponzis are provably fair.

Not to mention that most of them are an outright scam and run away with the money somewhere in the middle anyway. I assume we're talking about a "legit" ponzi that doesn't run away.
sr. member
Activity: 434
Merit: 250
June 12, 2014, 10:47:28 AM
#33
Anyway, try reading and understanding things before blindly judging them without any knowledge.

Oh I understand them pretty well, someone will eventually get scammed in the end and everyone who participated is guilty of setting the things up for the last person(s) who get(s) scammed.

that's a bit of a broad and slanderous comment - I sent the OP some beer money (on account of the fact that he even tries to set up a website for this ponzi - made me LOL quite vigourously) , where am I guilty of scamming anyone?

I suggest that, if you have any accusations to make, you post them in the relevant forum section - HERE
hero member
Activity: 784
Merit: 1000
June 12, 2014, 10:47:11 AM
#32
Anyway, try reading and understanding things before blindly judging them without any knowledge.

Oh I understand them pretty well, someone will eventually get scammed in the end and everyone who participated is guilty of setting the things up for the last person(s) who get(s) scammed.

Again, I must ask you to understand how ponzi's work and what the term scammed means.  Once you figure out that it is mathematically impossible to continue forever, the last person is not going to get scammed, he is going to lose his money though....However in most ponzis they state that they will not pay out if no one continues investing, so in a way it is gambling.  Now I don't know about you, but if you lose at a casino and call them scammers, you will get blacklisted for life and they won't allow you to come back in. 

Ponzis are gambling, and usually they are a safe gamble for awhile.

member
Activity: 70
Merit: 10
Deceased
June 12, 2014, 10:44:01 AM
#31
Anyway, try reading and understanding things before blindly judging them without any knowledge.

Oh I understand them pretty well, someone will eventually get scammed in the end and everyone who participated is guilty of setting the things up for the last person(s) who get(s) scammed.
sr. member
Activity: 434
Merit: 250
June 12, 2014, 10:42:00 AM
#30
remember kids, don't pay out any more than you can afford to lose  Wink
hero member
Activity: 784
Merit: 1000
June 12, 2014, 10:40:49 AM
#29
I think I got it, Just was explained very poorly on the website.

The way you made it sound for every new player that enters level 4, All level 3 players earn .005 per player, not per level complete

Don't even waste your energy trying to think about ponzis, they're a scam anyway. Good luck trying to get in and get out quickly.

I don't think you understand how this thing works at all Parham.  I have been very good at Ponzis in the past, this one I will not enter but the first part of doing well at Ponzis is understanding how they work, which you don't.

This ponzi would work if you got in the first or 2nd level, anything below that is worthless.  And if you do become part of this ponzi, you can't exit ever.....but why would you want to, you only have to pay once and everyone else pays you beyond that...Every level that completes you get paid more, so yeah you don't want to leave(I don't even think that is an option)

Anyway, try reading and understanding things before blindly judging them without any knowledge.

Thanks
member
Activity: 70
Merit: 10
Deceased
June 12, 2014, 10:35:48 AM
#28
I think I got it, Just was explained very poorly on the website.

The way you made it sound for every new player that enters level 4, All level 3 players earn .005 per player, not per level complete

Don't even waste your energy trying to think about ponzis, they're a scam anyway. Good luck trying to get in and get out quickly.
hero member
Activity: 784
Merit: 1000
June 12, 2014, 10:34:20 AM
#27
I think I got it, Just was explained very poorly on the website.

The way you made it sound for every new player that enters level 4, All level 3 players earn .005 per player, not per level complete
sr. member
Activity: 434
Merit: 250
June 12, 2014, 10:26:20 AM
#26
i like beer, lots.
lots of beer is good with me  Cheesy

You already earned 50% back to buy beer Tongue

indeed I did.

and the only reason was to trick others into giving their coins, but you already know that anyway.

probably, that's how ponzi's work. lol
member
Activity: 70
Merit: 10
Deceased
June 12, 2014, 10:23:11 AM
#25
i like beer, lots.
lots of beer is good with me  Cheesy

You already earned 50% back to buy beer Tongue

indeed I did.

and the only reason was to trick others into giving their coins, but you already know that anyway.
sr. member
Activity: 434
Merit: 250
June 12, 2014, 10:08:50 AM
#24
are you going to make this clear on your website?
newbie
Activity: 14
Merit: 0
June 11, 2014, 02:04:46 PM
#23
Let me explain it a little bit better,

For every new level below you, you will earn 0.01BTC

http://s21.postimg.org/z1vpgoqt3/pyramid.png

only level 1 will earn 0.02BTC and that's me.

so why should I scam when I have the best position in this game?


A short demonstration:

8 new players in level 4 pay 0.08BTC

There are 4 players in level 3 and everyone earns 0.01BTC than there is 0.04BTC left.

there are 2 players in level 2 and both of them earn 0.001BTC than there is 0.02BTC left for level 1.


So the difference between this pyramid scheme and a ponzi is that you always earn the same amount of money EVERYTIME WHEN THERE IS A NEW LEVEL! with only 1 investment. you can invest multiple times so you can earn (for example if you have 3 investments) 0.03 for every new level!


I am open for more questions

Regards,
hero member
Activity: 784
Merit: 1000
June 11, 2014, 01:30:48 PM
#22
So I think you have your drawing wrong on your site.

If the "new person" pays .01, how do 2 other people get .01?

Basically somehow they get .02 out of .01

That math just doesn't add up.

its a ponzi, each level requires twice the number of payments to fulfil the level above.

level 1 required 2 x 2nd tier
level 2 required 4 x next level
level 3 requires 8 x

and so on.

I understand its a ponzi, but the math still has to add up in a ponzi.

In his example the bank would already be in negative money, so he couldn't possibly pay out .02 if someone deposited .01, unless of course he is paying out with his own money(which I am super sure he would do that)

Anyway, the bank should be broke...
sr. member
Activity: 252
Merit: 250
June 11, 2014, 01:26:54 PM
#21
You will pay to 1-2 people and run away with your 0.02 BTC
Enjoy  Grin
sr. member
Activity: 434
Merit: 250
June 11, 2014, 01:18:58 PM
#20
So I think you have your drawing wrong on your site.

If the "new person" pays .01, how do 2 other people get .01?

Basically somehow they get .02 out of .01

That math just doesn't add up.

its a ponzi, each level requires twice the number of payments to fulfil the level above.

level 1 required 2 x 2nd tier
level 2 required 4 x next level
level 3 requires 8 x

and so on.
hero member
Activity: 784
Merit: 1000
June 11, 2014, 01:16:55 PM
#19
So I think you have your drawing wrong on your site.

If the "new person" pays .01, how do 2 other people get .01?

Basically somehow they get .02 out of .01

That math just doesn't add up.
sr. member
Activity: 434
Merit: 250
June 11, 2014, 12:47:22 PM
#18
i like beer, lots.
lots of beer is good with me  Cheesy

You already earned 50% back to buy beer Tongue

indeed I did.
newbie
Activity: 14
Merit: 0
June 11, 2014, 12:30:02 PM
#17
i like beer, lots.
lots of beer is good with me  Cheesy

You already earned 50% back to buy beer Tongue
member
Activity: 70
Merit: 10
Deceased
June 11, 2014, 12:25:59 PM
#16
Say bye to your coins there... Smiley
newbie
Activity: 14
Merit: 0
June 11, 2014, 11:58:12 AM
#15
Joined and got a friend to join.

Thanks for joining and promoting, have fun on earning money Wink
newbie
Activity: 20
Merit: 0
June 11, 2014, 11:28:04 AM
#14
Joined and got a friend to join.
newbie
Activity: 14
Merit: 0
June 11, 2014, 11:24:23 AM
#13
i'm not promoting anything. that's your job.

The best way to earn money for everyone that's entering this pyramid is to promote and earn faster money.

i'll pass thanks - enjoy your beer money.

Well you are already in the game so you will always earn money on this Wink enjoy "your" beer.
sr. member
Activity: 434
Merit: 250
June 11, 2014, 11:16:36 AM
#12
i'm not promoting anything. that's your job.

The best way to earn money for everyone that's entering this pyramid is to promote and earn faster money.

i'll pass thanks - enjoy your beer money.
newbie
Activity: 14
Merit: 0
June 11, 2014, 11:15:38 AM
#11
i'm not promoting anything. that's your job.

The best way to earn money for everyone that's entering this pyramid is to promote and earn faster money.
sr. member
Activity: 434
Merit: 250
June 11, 2014, 11:06:15 AM
#10
get promoting then, I want to see some return on this beer money  Grin

You will get a lot of beer if more people follow you Wink

i like beer, lots.
lots of beer is good with me  Cheesy

Then keep promoting this pyramid scheme and you will beer Tongue

i'm not promoting anything. that's your job.
newbie
Activity: 14
Merit: 0
June 11, 2014, 11:05:51 AM
#9
get promoting then, I want to see some return on this beer money  Grin

You will get a lot of beer if more people follow you Wink

i like beer, lots.
lots of beer is good with me  Cheesy

Then keep promoting this pyramid scheme and you will earn beer Tongue
sr. member
Activity: 434
Merit: 250
June 11, 2014, 11:04:06 AM
#8
get promoting then, I want to see some return on this beer money  Grin

You will get a lot of beer if more people follow you Wink

i like beer, lots.
lots of beer is good with me  Cheesy
newbie
Activity: 14
Merit: 0
June 11, 2014, 10:54:35 AM
#7
get promoting then, I want to see some return on this beer money  Grin

You will get a lot of beer if more people follow you Wink
sr. member
Activity: 434
Merit: 250
June 11, 2014, 10:26:44 AM
#6
get promoting then, I want to see some return on this beer money  Grin
newbie
Activity: 14
Merit: 0
June 11, 2014, 10:24:35 AM
#5
Hello everyone,

We created a real pyramid scheme for bitcoins.

You can enter the pyramid by paying 0.01BTC.

Everyone will earn 50% from new players, that means you will earn 0.01BTC for every new level below you.

You can find all the information you need on our website: http://www.btcpyramid.eu/

We update everything manually so do not worry if your payment isn't visible on the website immediately.


Pay 0.01BTC to 1JhJ3LQSmGaaaWWjApkhxY9W9sQDUM8sop and start earning money.


Please post all questions and feedback in this topic.

Regards,
Cheesy
Sure!
Try something elase or at least post some pictures . It sounds too much like scam. That is your first post and you already want BTC and to invest in your offer. Sorry but try again with something different.
BR

Why do you need pictures? everything is visible on the website,

This is a new account that I created for this pyramid scheme, I have some other accounts and I was a moderator on luckyb.it and owner of btcradio.eu

And why should I scam? I have the first position in this scheme so I will also earn money on this.

Regards.
sr. member
Activity: 434
Merit: 250
June 11, 2014, 10:07:49 AM
#4
lol

OK noob, I sent 0.01 just for the LULZ
enjoy a beer.  Cool

Transaction ID: ddd1da0bceef7b14a19b5f136dd6d7813e23b07ecf1391ff2ff5336b3d5fa439
legendary
Activity: 1960
Merit: 1005
June 11, 2014, 10:04:39 AM
#3
Hello everyone,

We created a real pyramid scheme for bitcoins.

You can enter the pyramid by paying 0.01BTC.

Everyone will earn 50% from new players, that means you will earn 0.01BTC for every new level below you.

You can find all the information you need on our website: http://www.btcpyramid.eu/

We update everything manually so do not worry if your payment isn't visible on the website immediately.


Pay 0.01BTC to 1JhJ3LQSmGaaaWWjApkhxY9W9sQDUM8sop and start earning money.


Please post all questions and feedback in this topic.

Regards,
Cheesy
Sure!
Try something elase or at least post some pictures . It sounds too much like scam. That is your first post and you already want BTC and to invest in your offer. Sorry but try again with something different.
BR
newbie
Activity: 14
Merit: 0
June 11, 2014, 10:03:32 AM
#2
Only 2 entries yet,

The earlier you join the more you will earn.
newbie
Activity: 14
Merit: 0
June 11, 2014, 09:40:43 AM
#1
Hello everyone,

We created a real pyramid scheme for bitcoins.

You can enter the pyramid by paying 0.01BTC.

Everyone will earn 50% from new players, that means you will earn 0.01BTC for every new level below you.

You can find all the information you need on our website: http://www.btcpyramid.eu/

We update everything manually so do not worry if your payment isn't visible on the website immediately.


Pay 0.01BTC to 1JhJ3LQSmGaaaWWjApkhxY9W9sQDUM8sop and start earning money.


Please post all questions and feedback in this topic.

Regards,
Jump to: