Topic: Clear abuse of DefaultTrust by Vod [RESOLVED] - page 3. (Read 2964 times)

Please read the PM or the thread above and you'll find how this game works. The Ponzi schemes you are referring always pay old investors from new investor's deposit. This is NOT the case here. New investors can be paid by old investors as every deposit gets 120 hour to expire. In legacy Ponzi games bankroll just goes up and at a certain point owner just take it and run away. This is NOT the case here. Bankroll goes up & down and it is never more than the commission that I make from winners.

-snip-
Sometimes when I am in the middle of something and the "new personal message" notification comes up, I ignore it to continue what I'm doing, and return to it later.

I was not in the accusation mode while I sent you the PM. I just noted your post count after sending the PM. This was your last post then => https://bitcointalksearch.org/topic/m.11369539. When I saw, you made a LOT of posts after this, but did NOT reply to me, I created this post.

The site clearly mentions that it is A bitcoin gambling game. What else I can mention to make people aware that they can lose their coins ?

Is that the new standard of trust now?  

I hadn't even dealt with his PM yet.  Now that he has stated I'm "clearly abusing" my position in DefaultTrust, that I'm irresponsible, unreasonable and illogical, I'm not making it my priority over sleep.  OP has no patience.  

I'll look at it again in my morning.  If the OP wants to be more realistic with his site, and clearly list the risks associated with his game (he doesn't even state you can lose coins!) then I can reconsider my trust.  

Is that the new standard of trust now?  

Question:  How does one create an honest ponzi?  Your intention is to steal as much as you can from as many people as you can.   

I came across their thread a few times and didn't give them negative trust.

Couldn't you say the same thing about any casino?

It looks like their thread is in games and rounds (and not the ponzi section).

I came across their thread a few times and didn't give them negative trust.

Exactly, I don't do it to piss people off, I do it to protect newbies who may believe the OP's words that his ponzi is different and he is not in a position to steal coins.

I didn't need to write your code to know how you would scam.  During a period of heavy deposits, a "hack" would occur that would stop all withdrawals.  You would disappear with as many coins as you could.   

I'd have more compassion for you if you weren't operating on a throw away account.

Every ponzi runner gets neg trust, and Vod does it so that other people dont fall into the scam.

Please read the PM or the thread above and you'll find how this game works. The Ponzi schemes you are referring always pay old investors from new investor's deposit. This is NOT the case here. New investors can be paid by old investors as every deposit gets 120 hour to expire. In legacy Ponzi games bankroll just goes up and at a certain point owner just take it and run away. This is NOT the case here. Bankroll goes up & down and it is never more than the commission that I make from winners.

If you have to explain that you're not a scam to your average customer, you should consider a rebrand.

Question:  How does one create an honest ponzi?  Your intention is to steal as much as you can from as many people as you can.   

Ponzi ? So you are a Scammer...

No. I am tired of explaining the same to every new player. The explanation is given below in the PM I sent to Vod. Probably, I made a mistake by chosing the domain name, but the game is designed in a way, so that running away with the bankroll wont be economical to me.

I am not in a position to take any direct action. I tried to create an honest game in the wild west of Investment Based Games section.

Hi... I just checked that you left me a -ve feedback. I understand the kind of scam that takes place in the Investment Based Games section makes one think everyone is a scammer. Rather than blatantly claiming that I am NOT a SCAMMER, I'd like to point out to a few things...

1. I am running this thread (https://bitcointalksearch.org/topic/chainprofitcom-27-btc-paid-140-return-running-over-four-months-now-926237) since January 15, 2015 and before the current game, there were 2 games on CrazyPonzi.com. Everyone was paid as per game logic and there was no complaint against me.

2. Now let me explain the current game logic and why cheating is not economical to me...

The basic principle of CrazyPonzi.com is fundamentally different from its predecessors like WeeklyPonzi.com or NextPonzi.com. All those games were based on classic Ponzi principle, where old players are paid out of new player's investment. But, at CrazyPonzi.com new players may also get paid by old players. How ? Because every investment/bet, whatever you call it, will get expired within 120 hour. So, if one investment/bet get 140% of its value within 120 hour, it will be paid off. Otherwise, it will expire and add up to the bankroll to pay the next investment/bet. In this process, bankroll itself is self-adjusting and hence never goes up. On the other hand, operator gets paid a commission whenever someone gets paid. This is how operator makes more from commission than he could make by stealing the bankroll. This was not the case for WeeklyPonzi.com, NextPonzi.com or its similar variants that run today. Hence running away with the bankroll is simply not economical for the operator of CrazyPonzi.com.

p.s. You should note that this is NOT an investment program anyway. This is gambling. I like to call it Social Gambling.

3. The only other game like CrazyPonzi.com that exists today is Nine9.ninja - https://bitcointalksearch.org/topic/nine9ninja-ponzigame-400-btc-input-altcoins-automated-125-return-954695. You'll find this user have not cheated either instead of dealing with 400+ BTC.

So, may I request you to re-consider your feedback ? Please let me know if you want me to post the above for any public discussion...


Thanking You,
CrazyJoker