Please refer to our independent review we hope this helps to clarify the nature of the "investment" game,
http://www.bitcoingg.com/bitcoin-gambling-sites/bitspud/
Winning and losing coins is part of gambling and investment, we have winners as well as losers, consolation prizes and
promotional free play offers.
Topic: bit$pud - Official Thread - bit$pud the Bitcoin & Litecoin Investment Game... (Read 3366 times)
September 03, 2014, 11:21:17 AM
August 20, 2014, 11:51:13 AM
LATEST NEWS:
PROMOTION:
Chance to Win Free BTC & LTC with Special Spuds
Good Luck!!!!!
PROMOTION:
Chance to Win Free BTC & LTC with Special Spuds
Good Luck!!!!!
And how to win them? I don't quite understand..
dont play... or u lose ur money this not investment
August 20, 2014, 11:36:56 AM
LATEST NEWS:
PROMOTION:
Chance to Win Free BTC & LTC with Special Spuds
Good Luck!!!!!
PROMOTION:
Chance to Win Free BTC & LTC with Special Spuds
Good Luck!!!!!
And how to win them? I don't quite understand..
The Special Spud and Specia-ltc Spud can reset to Price = 0 for 1st round only.
August 20, 2014, 09:50:53 AM
LATEST NEWS:
PROMOTION:
Chance to Win Free BTC & LTC with Special Spuds
Good Luck!!!!!
PROMOTION:
Chance to Win Free BTC & LTC with Special Spuds
Good Luck!!!!!
And how to win them? I don't quite understand..
August 20, 2014, 02:56:29 AM
I like the website design,will learn to play it 
August 19, 2014, 08:42:42 PM
LATEST NEWS:
PROMOTION:
Chance to Win Free BTC & LTC with Special Spuds
Good Luck!!!!!
PROMOTION:
Chance to Win Free BTC & LTC with Special Spuds
Good Luck!!!!!
August 18, 2014, 03:12:29 AM
this investment game or gambling?? why im lost my bitcoin???
ponzi game with gambling. maybe you got out bidded so you lost your btc
August 18, 2014, 02:26:52 AM
this investment game or gambling?? why im lost my bitcoin???
This is a ponzi-type of game.
If someone deposits after your deposit within the time period, you will get some profit.
If no one deposits after your deposit within the time period, you will get some loss.
August 18, 2014, 01:53:29 AM
this investment game or gambling?? why im lost my bitcoin???
August 13, 2014, 01:45:47 PM
not profit u get in here... just get consulation 
August 07, 2014, 11:08:11 PM
It's not a Ponzi but is similar to his scheme, by the way it seems fun I'll try it.
August 06, 2014, 07:40:49 PM
LATEST NEWS:
CONGRATULATIONS TO Sy ON HIS SALE OF THE SPECIA-LTC SPUD!!!
RECEIVED: 0.01154 LTC
CONGRATULATIONS !!!!!
CONGRATULATIONS TO Sy ON HIS SALE OF THE SPECIA-LTC SPUD!!!
RECEIVED: 0.01154 LTC
CONGRATULATIONS !!!!!
August 06, 2014, 01:20:38 PM
LATEST NEWS:
CONGRATULATIONS TO 1FW3ok... ON HIS SALE OF THE SPECIAL SPUD!!!
PROFIT: 0.000919 BTC
CONGRATULATIONS!!!!
CONGRATULATIONS TO 1FW3ok... ON HIS SALE OF THE SPECIAL SPUD!!!
PROFIT: 0.000919 BTC
CONGRATULATIONS!!!!
August 05, 2014, 05:39:32 PM
INDEPENDENT REVIEW:
http://www.bitcoingg.com/bitcoin-gambling-sites/bitspud/
Many thanks to bitcoingg (bitcoin gambling guide) from;
all at bitSpud
http://www.bitcoingg.com/bitcoin-gambling-sites/bitspud/
Many thanks to bitcoingg (bitcoin gambling guide) from;
all at bitSpud
August 04, 2014, 08:22:08 PM
There was a website a while back with the same concept, but the "spuds" had some sort of actual value to them. People were able to advertise on their investment, putting whatever they wanted and effectively spending money on an ad while also having a chance at profitting from the investment. Any chance on a feature like this or something else to add value to your "spuds" other than the ability to have a chance at someone purchasing a spud after you?
August 03, 2014, 11:45:57 PM
hmmmm its hard to say if real players are winning.
August 03, 2014, 07:45:14 PM
Nice site best wishes to you.
August 03, 2014, 12:58:50 PM
Regarding whether this is a ponzi scheme the correct answer is no.
Please read http://www.investopedia.com/ask/answers/09/ponzi-vs-pyramid.asp for further details.
This is not a ponzi because a ponzi scheme deceives the investor by not disclosing the pyramidal structure underlying the return of profits. The game is clearly based on a pyramidal structure therefore there is no deception. Pyramid scheme is a better comparison as the emphasis is on the player to recruit (i.e. try and sell the Spud), however the proper description would be that bitSpud is a gambling game based upon a pyramidal structure. There is no guarantee of return but these are characteristics of both gambling and pyramid schemes. Also ponzis and pyramid schemes do not offer consolations. We offer 50% consolations which is by far higher than any of our competitors.
We hope this has helped to clarify the game.
Best Wishes
the bitSpud support team
Please read http://www.investopedia.com/ask/answers/09/ponzi-vs-pyramid.asp for further details.
This is not a ponzi because a ponzi scheme deceives the investor by not disclosing the pyramidal structure underlying the return of profits. The game is clearly based on a pyramidal structure therefore there is no deception. Pyramid scheme is a better comparison as the emphasis is on the player to recruit (i.e. try and sell the Spud), however the proper description would be that bitSpud is a gambling game based upon a pyramidal structure. There is no guarantee of return but these are characteristics of both gambling and pyramid schemes. Also ponzis and pyramid schemes do not offer consolations. We offer 50% consolations which is by far higher than any of our competitors.
We hope this has helped to clarify the game.
Best Wishes
the bitSpud support team
August 03, 2014, 06:55:24 AM
... Isn't it just a ponzi scheme?
At least he describes clearly how the "investment" will be handled when the timer is over, rather than using some fake promises like "guaranteed profit" to attract customers.
August 02, 2014, 08:17:15 PM
... Isn't it just a ponzi scheme?
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