Author

Topic: Coin Bomb (Read 830 times)

newbie
Activity: 28
Merit: 0
July 10, 2013, 11:45:39 AM
#16
http://coinbomb.com/#

Has anyone tried this? Principle is pretty simple. You have to buy bomb from previous owner. After that price rises by fixed multiplier. When somebody buys the bomb from you, you make profit. When the bomb has been bought timer starts counting towards zero, owner has 24 hours time to find new buyers or the bomb will explode and he will lose his coins. More expensive bombs allows you to make more profit, if someone buys it. There is also possibility to win instant jackpot.

You can also buy bombs with litecoins.

I think there are other "games" like this one to be found also.

Coinbomb is the bomb!
newbie
Activity: 21
Merit: 0
July 10, 2013, 11:38:14 AM
#15
Ponzi If I ever saw one.
more losers thanwinners in the long run.
member
Activity: 61
Merit: 10
July 09, 2013, 08:11:04 PM
#14
it seems like gambling is what happens when people try to "buy and hold" their BTC and get impatient. Then they just want to throw it away lol
newbie
Activity: 31
Merit: 0
July 09, 2013, 06:31:20 PM
#13
"Coin Bomb Is The Bomb" should be your motto
legendary
Activity: 4228
Merit: 1313
July 09, 2013, 03:46:45 PM
#12
Generally it is a bad idea unless you don't care about losing the money you put in which is always a distinct possibility.  (Unless you are the one SELLING the initial bomb...that is the smart position).

hero member
Activity: 686
Merit: 500
July 09, 2013, 03:42:13 PM
#11
I consider it to be more like a gamble than ponzi scheme. Since you know from beginning that you could lose your coins.  Smiley
It's more like a pyramid scheme in my opinion.
No because returns are paid with new investor money. Pyramid schemes are more often schemes where you pay $x to become a member, then you make $x by bringing in y new members.
newbie
Activity: 34
Merit: 0
July 09, 2013, 03:30:22 PM
#10
My last bomb went  boooooooooom while I was holding it, and I was sure someone would by it from me as it was much cheaper than previous bombs, no such luck booooooooom I won't be playing again.
sr. member
Activity: 320
Merit: 250
July 09, 2013, 01:34:36 PM
#9
I consider it to be more like a gamble than ponzi scheme. Since you know from beginning that you could lose your coins.  Smiley
It's more like a pyramid scheme in my opinion.
full member
Activity: 252
Merit: 100
MARKETPLACE FOR PAID ADVICE LIVE BROADCASTS
July 09, 2013, 07:47:43 AM
#8
I consider it to be more like a gamble than ponzi scheme. Since you know from beginning that you could lose your coins.  Smiley

It's a gamble that you have pretty much no control of...  
I would say it's a ponzi scheme, and plus these things will always turn out badly.


Not really.
When you play satoshi dice, you know that you are loosing money, but there is a chance than you make profit Smiley

It is the same here, maybe someone will buy it and give you some profit, or maybe you will lose your btc Smiley
newbie
Activity: 42
Merit: 0
July 09, 2013, 07:45:17 AM
#7
+1


Sounds like an interesting game, but I think you may have inadvertently placed yourself on a few persons of interest lists by using the word bomb seven times in your OP.  Embarrassed
legendary
Activity: 1736
Merit: 1029
July 09, 2013, 07:16:58 AM
#6
I consider it to be more like a gamble than ponzi scheme. Since you know from beginning that you could lose your coins.  Smiley

It's a gamble that you have pretty much no control of...  
I would say it's a ponzi scheme, and plus these things will always turn out badly.
thy
hero member
Activity: 685
Merit: 500
July 09, 2013, 06:28:10 AM
#5
Definately a ponzi scheme, price increases each time a person buys it and the site takes 10-12% profit on each buy except the last buy it looks like and the last person that bought it loses 100% when the price got high enouth that no one else want to buy it.
newbie
Activity: 13
Merit: 0
July 09, 2013, 03:59:44 AM
#4
I almost bought one bomb, but somehow I changed my mind and bought Bitcoin T-shirt instead. Smiley
newbie
Activity: 9
Merit: 0
July 09, 2013, 03:02:20 AM
#3
I consider it to be more like a gamble than ponzi scheme. Since you know from beginning that you could lose your coins.  Smiley
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
July 09, 2013, 02:57:31 AM
#2
Yeah I don't like these. It's a ponzi scheme wrapped into a game. Good luck holding the bag!  Wink
newbie
Activity: 9
Merit: 0
July 09, 2013, 01:47:04 AM
#1
http://coinbomb.com/#

Has anyone tried this? Principle is pretty simple. You have to buy bomb from previous owner. After that price rises by fixed multiplier. When somebody buys the bomb from you, you make profit. When the bomb has been bought timer starts counting towards zero, owner has 24 hours time to find new buyers or the bomb will explode and he will lose his coins. More expensive bombs allows you to make more profit, if someone buys it. There is also possibility to win instant jackpot.

You can also buy bombs with litecoins.

I think there are other "games" like this one to be found also.
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