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Topic: BitPonzi.Net - Offline - page 5. (Read 34758 times)

member
Activity: 99
Merit: 10
October 05, 2011, 05:26:58 PM
Your rounds are, in my opinion, among (if not) the best on the site.  I'm sure there will be a lot of interest.  From my part too, although I'll probably be sleeping already, but I'll join in the morning in that case.
Hehe... thanks very much  Grin

It looks like the Dwarf_Bank_3 round is waking up... it's taken its time! 
You can say that again!

got my .500123, thanks!  Grin

I was bummed when it ended, I was away from my wallet and all I could do was hope someone would bump it  Sad

so I'm in if you make another one
You're welcome. I was pretty annoyed when it ended too.. wanted to try and get the jackpot. My stupid wallet screwed me over though. Oh well, next time Wink. (Anyone elses wallet taking like half an hour to get up to speed after being closed for only a few hours? Not even got that many addresses or txns).

Anyway... seems people are still playing and are interested, so hopefully the next forever game will not flop. But it will have to be tomorrow night because I need to work and (more importantly) most of my coins are invested in other rounds. The closest to payout is the "Crap_but_no_risk" round... Yes that is mine, and yes I was exceptionally bored when I made it on Sunday, and no I wasn't entirely sober either Wink.  Seemed like a good idea at the time, but it's name is pretty accurate! So if someone wants to help us out, that is a good place to invest Tongue. Boring as it is, at least you'll make a few cents.

If I do get a payout, Forever Game 2 will start tomorrow at 11pm Ponzi Server time. Will announce it a couple of hours earlier just to wake ppl up. Good luck.

ama
member
Activity: 112
Merit: 10
October 05, 2011, 02:44:34 PM
The code uses getreceivedbyaddress to check for deposits. I suppose I could keep track of the amount an address uses and if there are any new deposits,

It'd probably grow large due to the amount of transactions, anyway.

but it seems easier to just change the wallet every couple weeks when the site needs to go down for a server reboot anyway. (windows update)

Reboots are for hardware (or kernel) upgrades.    Wink
legendary
Activity: 1260
Merit: 1000
Drunk Posts
October 05, 2011, 02:22:56 PM
Has anyone ever experienced issues with bitcoind handling 2000+ transactions/~1000 addresses? It takes forever to start up now. I'm going to transfer all the bitcoins out to another client and change out the wallet file some time in the next day or 2.

I don't know if it'd be easy to implement or if it'd be of much help, but maybe reusing the receiving addresses (of your wallet), i.e. the sending addresses for participants, could enormously reduce the total number of addresses in your wallet.

What I mean is that for a round, if I got an address and deposited into it, that address could remain associated to me (to my participating address, actually) and further transactions to the same address could be taken as new latter deposits from me, thus eliminating the need to get a new address for every new deposit.  I hope it makes sense with my broken English after the "address" mouth full!   Grin

The code uses getreceivedbyaddress to check for deposits. I suppose I could keep track of the amount an address uses and if there are any new deposits, but it seems easier to just change the wallet every couple weeks when the site needs to go down for a server reboot anyway. (windows update)
newbie
Activity: 22
Merit: 0
October 05, 2011, 01:32:52 PM
The Forever Game

Hello everybody. The Forever Game has finally ended Sad.  It did last forever though (at least in Ponzi terms) and had a jackpot of 5.7 BTC. As promised I have sent 1/2 a coin each to the addresses of the second to last deposit and the first unpaid deposit. To be precise, I sent 0.500123 just so you know it's from me Smiley. Would be good if you could post here or pm me when you get it.

Seems like most people got paid out, so I plan to run another Forever Game. Since my last promise was quite costly (relative to my small wallet anyway), this time I will pay the same two unfortunate positions 0.1 coins each for every coin I profit, if any, (with a minimum payment of 0.1). I will reinvest most of my payouts again too. The forum has been pretty quite last few days, so an expression of interest here or by pm would be good. Depending on response, I will start the round at 11 pm official server time, either today or tomorrow. Will post beforehand, but if it is as successful as the last one it doesn't really matter since you will probably get paid anyway. Good luck Smiley. Let's hope this kicks BitPonzi back to life!

got my .500123, thanks!  Grin

I was bummed when it ended, I was away from my wallet and all I could do was hope someone would bump it  Sad

so I'm in if you make another one
ama
member
Activity: 112
Merit: 10
October 05, 2011, 01:22:31 PM
The Forever Game

Let's hope this kicks BitPonzi back to life!

It looks like the Dwarf_Bank_3 round is waking up... it's taken its time! 
ama
member
Activity: 112
Merit: 10
October 05, 2011, 12:22:42 PM
Has anyone ever experienced issues with bitcoind handling 2000+ transactions/~1000 addresses? It takes forever to start up now. I'm going to transfer all the bitcoins out to another client and change out the wallet file some time in the next day or 2.

I don't know if it'd be easy to implement or if it'd be of much help, but maybe reusing the receiving addresses (of your wallet), i.e. the sending addresses for participants, could enormously reduce the total number of addresses in your wallet.

What I mean is that for a round, if I got an address and deposited into it, that address could remain associated to me (to my participating address, actually) and further transactions to the same address could be taken as new latter deposits from me, thus eliminating the need to get a new address for every new deposit.  I hope it makes sense with my broken English after the "address" mouth full!   Grin
ama
member
Activity: 112
Merit: 10
October 05, 2011, 11:49:08 AM
The Forever Game

an expression of interest here or by pm would be good.

Your rounds are, in my opinion, among (if not) the best on the site.  I'm sure there will be a lot of interest.  From my part too, although I'll probably be sleeping already, but I'll join in the morning in that case.
member
Activity: 99
Merit: 10
October 05, 2011, 11:19:24 AM
The Forever Game

Hello everybody. The Forever Game has finally ended Sad.  It did last forever though (at least in Ponzi terms) and had a jackpot of 5.7 BTC. As promised I have sent 1/2 a coin each to the addresses of the second to last deposit and the first unpaid deposit. To be precise, I sent 0.500123 just so you know it's from me Smiley. Would be good if you could post here or pm me when you get it.

Seems like most people got paid out, so I plan to run another Forever Game. Since my last promise was quite costly (relative to my small wallet anyway), this time I will pay the same two unfortunate positions 0.1 coins each for every coin I profit, if any, (with a minimum payment of 0.1). I will reinvest most of my payouts again too. The forum has been pretty quite last few days, so an expression of interest here or by pm would be good. Depending on response, I will start the round at 11 pm official server time, either today or tomorrow. Will post beforehand, but if it is as successful as the last one it doesn't really matter since you will probably get paid anyway. Good luck Smiley. Let's hope this kicks BitPonzi back to life!
member
Activity: 99
Merit: 10
October 04, 2011, 08:13:04 PM
Should be, looks like its just been dead lately..

Is there any advertising? I know there is one at dailybitcoins.org but it isn't very good. The bitcoinduit ad there was pretty good. I think that one brought me here.
legendary
Activity: 1260
Merit: 1000
Drunk Posts
October 04, 2011, 05:16:45 PM
Should be, looks like its just been dead lately..



Has anyone ever experienced issues with bitcoind handling 2000+ transactions/~1000 addresses? It takes forever to start up now. I'm going to transfer all the bitcoins out to another client and change out the wallet file some time in the next day or 2.
hero member
Activity: 566
Merit: 500
October 03, 2011, 04:29:23 PM
is the site taking deposits?
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
October 03, 2011, 04:10:14 PM
bitponzi down again... decay?
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
October 03, 2011, 10:26:21 AM
Today, I'll be starting the new series...
1btc game -- 2 hours -- 50%/20%
1btc game -- 2 hours -- 30%/30%
3btc game -- 3 hours -- 30%/30%
6btc game -- 4 hours -- 30%/25%
I hope people participate.  No bots this time. 
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
October 02, 2011, 11:14:23 AM
6 rounds... time to liven it up.  I'm putting up a 5btc game.  (no pledges  Sad)
Anyone? http://old.bitponzi.net/Round_SUNDAYMASSIVE2.aspx
hero member
Activity: 560
Merit: 500
October 02, 2011, 10:04:25 AM
The new version of the site doesn't show any information about the game (aka, when it ends, fees....etc).
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
October 02, 2011, 09:42:52 AM
I think our main point of contention, Trevor, is whether securing profits is such a bad thing.  Months ago, I lost my entire wallet in a massive game, and I reasoned that it could be avoided with pledges.  Our goals are different but not mutually exclusive!
I will stop avoiding fees in the 1, 3, 6 games since you have a problem with it.
ama
member
Activity: 112
Merit: 10
October 02, 2011, 07:53:23 AM
Perhaps the way ineededausername went about it at times wasn't the best, but I don't think it was despicable or (entirely) dishonest.

Well, my point is that in his rounds absolutely everything (and the more you look at it or think about it the more details you discover) is planed to kill all the game and all the fun, and turn it into a "business" to make the highest possible profit.  He even said he was going to make runs with 100% ROI to make sure nobody got paid and everything went to the jackpot.  That was obviously a lie.  The 100% ROI was thought to make sure he would profit everything he could, and nobody else (appart from the winer of the jackpot) would get absolutely anything.  That's simply yet another detail, together with avoiding the fees, trying to get the bots baned only for his own deposits but not for anybody's else, pre-agreeing with others to secure his profit, etc.  If all this isn't despicable I don't know what is.   Smiley

And I may ask for pledges for a future round idea I have, again not to zero my risk (wheres the fun in that!) but to reduce it a bit, and make sure I don't look too silly.

What a pitty.  Up to now I think your rounds were among the best in the site.  They usually last, allow you to play and enjoy, get some payments and, some times, win some in the end (through payments or by getting the jackpot).

Of course some people have to loose.  That's logical.  If some win something, some have to loose it.  Otherways it wouldn't be gambling.  My only problem is when the rounds are made so that the one who wins *absolutely everything* is always the same person, and everyone else is there to simply pay his profit.

Of course the wise thing to do is avoiding such kind of rounds, which I have been doing without saying absolutely nothing.  I started saying what I think when I was invited to join those rounds by ineededausername and, after I declined, he asked me why I didn't like his "game".  Obviously, I have replied by now and have explained in detail (I'm sure there are some more tricks he uses I haven't realized yet) how disgusting I find it.

If the bitponzi is a gambling site, let gamble.  If it's something else, I'm not interested. And I think people need to be aware they are not gambling, but stupidly giving their coins away.  There is no point in participating and wasting your time if you don't get neither fun nore a chance to win anything.  You are better joining one of the lotteries or riffles if the only point is a chance to get a prize (jackpot) in the case that there isn't a bot making sure nobody can win it.  I think.  Smiley
member
Activity: 99
Merit: 10
October 02, 2011, 06:59:21 AM
Interesting discussion. I can sympathise with a lot of what ama is saying, though I think his perspective is that it should solely be a game, whilst I think that if someone wants to come here to try and make an honest profit they are entitled to do so. Perhaps the way ineededausername went about it at times wasn't the best, but I don't think it was despicable or (entirely) dishonest. The thing I do take issue with is the avoidance of fees, and since mb300sd has now said the site is unprofitable, it would seem only fair and honest that the avoided fees are paid.

But I don't have much of a problem with getting pledges and lowering risk. ineededausername took it to the extreme, but in principle I think it's ok. I made sure I had interest for the Forever Game, not the same as pledges but still, it lowered my risk, (not completely), and made sure I didn't look a complete fool. And I may ask for pledges for a future round idea I have, again not to zero my risk (wheres the fun in that!) but to reduce it a bit, and make sure I don't look too silly.

I like my rounds to profit as many people as possible (hence my promises to pay the unfortunate positions). In some ways this makes me an idiot, because I have actually extended a round before to ensure another depositer gets paid out even though it reduced my profit. Some of this is strategic since if they make a return they will keep playing, but it is partly because I don't like to see people lose out Sad. I'm under no illusion, the nature of this site means most will lose in the long run, but I'm happy to do my bit to lessen it.

Finally, I like the idea of decaying expiration time, it would add some variety and new strategies. As long as the host can choose whether or not to have it and can choose the amount, it is good. If people don't like these rounds they just avoid them, and like ama said as long as the rounds are honest there is no problems.

Peace Smiley
ama
member
Activity: 112
Merit: 10
October 02, 2011, 01:50:19 AM
Would be nice to have captcha optional per game host.
That would allow the game host to setup games specifically for bots.

Despite the fact that I hate captchas, I was the first who sugessted it'd be a good idea to fight against the bots.  But if they won't be allowed by other means (if technically possible), maybe they aren't needed?
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