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Topic: [ETH] PiggyBank - Earn Ethereum Forever! - page 4. (Read 6112 times)

legendary
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
where I put my wallet address? Huh

What do you mean, i dont understand

Quote
Until the Balance is higher than 0 , payments will go out!

How is the payout hierarchy?

Are people who deposited first, being paid first?

Yes, the order of payment is the order of deposit.

The those that deposited first get paid first, and so it goes on.

But everyone gets paid  after more people deposit.

Can you explain a bit better? Where is the ETH coming from?


Deposit amounts arent equal, and after the balance goes to 0, which will be very far in the future, it just pauses the system until more people deposit.

So if the system has to payout 100 ether to an investor in the line and there is only 10 ether in balance, then it waits for another 90 ether, and then it will be paid out

You can track deposits/payouts here:
https://etherscan.io/address/0xdcb13FA157eeBF22dDC8C9aA1d6E394810De6FA3

AFter seeing full concept and reply , if their is no more investor then what will happen to the investor who have invested their ETH.

Most of the reply are from Newbies , this is smelling some fishy i think, and even one of the user gave a full details about the investment and it is clear that in on certain point your bank will become negative,

So now i am confirm that this is a scam scheme to scam user.

Beware users who ever is going to invest it. its a ponzi scheme to scam.


It is indeed a Ponzi, but that doesn't necessarily mean it's a scam.
The contract is viewable by the public.

You must realize that the Ponzi is fully automated, therefore as long as new investors come in everyone will get their money.

If no new users come in, the users who've already invested will not receive anything until new investors come in. That's how a Ponzi works. It takes full cooperation of everyone, and trust in the contract.

That's why I said that those who wish to continue to profit from the Piggybank should consider doing their part in introducing new investors>>suckers!  



The OP and friends are the only ones that stand to make anything because if you dont do "YOUR part" which is scamming more suckers. then you will lose your invest.. How is this good image for ethereum??  And why cant you put your time to good use instead of always trying to make a cheap dollar??  

Best Regards
d57heinz
legendary
Activity: 2124
Merit: 1013
K-ing®
interseting game  Wink

will send some eth
legendary
Activity: 2124
Merit: 1013
K-ing®
noobhelper178 please report that ethereumwallet It doesn't work, if you can not use the Wallet Ethereum official, Jaxx Wallet Android works good, also this the  version Jaxx Wallet IOS, Jaxx Wallet Windows and Linux, please excuse my English Grin

you need to use

https://www.myetherwallet.com/#offline-transaction    not send transaction

for sending eth to contract, you must use https://www.myetherwallet.com/#offline-transaction
newbie
Activity: 42
Merit: 0
Wow it's insane, i am  getting paid big time, i deposited a couple of hours ago and already made 130% profit, all paid to my address Cheesy

Thank you OP for making this investment game!  Grin
newbie
Activity: 42
Merit: 0
is this the same as piggy coin?

No, i dont know what is that.


AFter seeing full concept and reply , if their is no more investor then what will happen to the investor who have invested their ETH.

Most of the reply are from Newbies , this is smelling some fishy i think, and even one of the user gave a full details about the investment and it is clear that in on certain point your bank will become negative,

So now i am confirm that this is a scam scheme to scam user.

Beware users who ever is going to invest it. its a ponzi scheme to scam.

No, all the balance will be paid out eventually.

There are some contracts that have bad programmers, and programmed their contracts that the funds are locked there forever.

This is not the case with PIGGYBANK, i have tested the code rigurously, and it works perfectly, the balance will be paid out after a while.



It is indeed a Ponzi, but that doesn't necessarily mean it's a scam.
The contract is viewable by the public.

You must realize that the Ponzi is fully automated, therefore as long as new investors come in everyone will get their money.

If no new users come in, the users who've already invested will not receive anything until new investors come in. That's how a Ponzi works. It takes full cooperation of everyone, and trust in the contract.

That's why I said that those who wish to continue to profit from the Piggybank should consider doing their part in introducing new investors.


Yep, i have no control over it at this point, that is why it's transparent.

That is how ethereum works, so you dont need to trust me, only trust the code, which you can review anytime.
newbie
Activity: 42
Merit: 0
Please help me i sent my eth from poloniex.
Is the contractl just send my eth back to polo cold storage?  Huh

Sorry, there is nothing I can do, i cant touch the contract, that is why it's transparent.

The profit was sent back to poloniex's address, so better contact them to get your coins.

I sent 0.47 Ether and I have is error:Warning! An error occured during contract execution. Out Of Gas  Transaction  0x3a9c5b6325f128f11c6f5edb0d38bd3256c734526704292006fb693b60fcf270  (ready I use the wallet Jaxx andoid and there no problem  Grin Smiley )

Need to send more gas, just send bigger fees, or use the Mist wallet.

noobhelper178 please report that ethereumwallet It doesn't work, if you can not use the Wallet Ethereum official, Jaxx Wallet Android works good, also this the  version Jaxx Wallet IOS, Jaxx Wallet Windows and Linux, please excuse my English Grin

Mist wallet works, i used it to create it, and test it, it works fine, just add higher fee's if it's rejected:

https://github.com/ethereum/mist/releases

I have a question for the creator, so if one were to make multiple deposits from the same ETH address, the contract would pretty much send you 3% multiple times on each of the different initial deposits is that correct?


Yes.

You send  1 ether , you get  0.03 ether

You send again 5 ether , you get 0.15 ether

After 2 deposits you will earn 0.18 ether, forever after people after you deposit!

member
Activity: 60
Merit: 10
where I put my wallet address? Huh

What do you mean, i dont understand

Quote
Until the Balance is higher than 0 , payments will go out!

How is the payout hierarchy?

Are people who deposited first, being paid first?

Yes, the order of payment is the order of deposit.

The those that deposited first get paid first, and so it goes on.

But everyone gets paid  after more people deposit.

Can you explain a bit better? Where is the ETH coming from?


Deposit amounts arent equal, and after the balance goes to 0, which will be very far in the future, it just pauses the system until more people deposit.

So if the system has to payout 100 ether to an investor in the line and there is only 10 ether in balance, then it waits for another 90 ether, and then it will be paid out

You can track deposits/payouts here:
https://etherscan.io/address/0xdcb13FA157eeBF22dDC8C9aA1d6E394810De6FA3

AFter seeing full concept and reply , if their is no more investor then what will happen to the investor who have invested their ETH.

Most of the reply are from Newbies , this is smelling some fishy i think, and even one of the user gave a full details about the investment and it is clear that in on certain point your bank will become negative,

So now i am confirm that this is a scam scheme to scam user.

Beware users who ever is going to invest it. its a ponzi scheme to scam.


It is indeed a Ponzi, but that doesn't necessarily mean it's a scam.
The contract is viewable by the public.

You must realize that the Ponzi is fully automated, therefore as long as new investors come in everyone will get their money.

If no new users come in, the users who've already invested will not receive anything until new investors come in. That's how a Ponzi works. It takes full cooperation of everyone, and trust in the contract.

That's why I said that those who wish to continue to profit from the Piggybank should consider doing their part in introducing new investors.

sr. member
Activity: 266
Merit: 250
where I put my wallet address? Huh

What do you mean, i dont understand

Quote
Until the Balance is higher than 0 , payments will go out!

How is the payout hierarchy?

Are people who deposited first, being paid first?

Yes, the order of payment is the order of deposit.

The those that deposited first get paid first, and so it goes on.

But everyone gets paid  after more people deposit.

Can you explain a bit better? Where is the ETH coming from?


Deposit amounts arent equal, and after the balance goes to 0, which will be very far in the future, it just pauses the system until more people deposit.

So if the system has to payout 100 ether to an investor in the line and there is only 10 ether in balance, then it waits for another 90 ether, and then it will be paid out

You can track deposits/payouts here:
https://etherscan.io/address/0xdcb13FA157eeBF22dDC8C9aA1d6E394810De6FA3

AFter seeing full concept and reply , if their is no more investor then what will happen to the investor who have invested their ETH.

Most of the reply are from Newbies , this is smelling some fishy i think, and even one of the user gave a full details about the investment and it is clear that in on certain point your bank will become negative,

So now i am confirm that this is a scam scheme to scam user.

Beware users who ever is going to invest it. its a ponzi scheme to scam.
sr. member
Activity: 327
Merit: 250
is this the same as piggy coin?
member
Activity: 60
Merit: 10
I have a question for the creator, so if one were to make multiple deposits from the same ETH address, the contract would pretty much send you 3% multiple times on each of the different initial deposits is that correct?


member
Activity: 60
Merit: 10
Smart idea. The only way this will continue to work forever is if everyone promotes this.

The more you promote it, the more you will make in the long run because you constantly need new investors... Hopefully Eth Piggybank gets a website and some youtube videos explaining the process to new people.

I see many Eth ponzis coming in the future, but there will only be a few successful ones.

newbie
Activity: 27
Merit: 0
noobhelper178 please report that ethereumwallet It doesn't work, if you can not use the Wallet Ethereum official, Jaxx Wallet Android works good, also this the  version Jaxx Wallet IOS, Jaxx Wallet Windows and Linux, please excuse my English Grin
full member
Activity: 160
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
 interesting, nice system.

i`ll gonna buy ethereum soon and invest in this.
newbie
Activity: 27
Merit: 0
I sent 0.47 Ether and I have is error:Warning! An error occured during contract execution. Out Of Gas  Transaction  0x3a9c5b6325f128f11c6f5edb0d38bd3256c734526704292006fb693b60fcf270  (ready I use the wallet Jaxx andoid and there no problem  Grin Smiley )
sr. member
Activity: 476
Merit: 250
Please help me i sent my eth from poloniex.
Is the contractl just send my eth back to polo cold storage?  Huh
newbie
Activity: 42
Merit: 0
3% of 0.5 ETH or 3% of 1000 ETH?

3% of the 1000 ETH, every one gets 3% of the money they invested.

Every 25th investor earns 9%, that is the jackpot position.

This is wrong!

If I deposit 1,000 ETH right now, and then deposit 0.05 ETH 1,000 times from different accounts, my 1,000 ETH deposit will have been paid out 3% 1,000 times, or 30,000 ETH. Where is this money coming from?

Assuming my 1,001 deposits are the only accounts in the piggybank, that means only 1,050 has been collected yet 30,000 + %s for all the 0.05 accounts are being paid out.

The money comes from new investors, so make sure you invest early, we are before the 25th investor.

If you get the 25th spot, then you will earn big time.

We will have 1000+ deposits, so every early investor will make big bucks!
full member
Activity: 181
Merit: 102
3% of 0.5 ETH or 3% of 1000 ETH?

3% of the 1000 ETH, every one gets 3% of the money they invested.

Every 25th investor earns 9%, that is the jackpot position.

This is wrong!

If I deposit 1,000 ETH right now, and then deposit 0.05 ETH 1,000 times from different accounts, my 1,000 ETH deposit will have been paid out 3% 1,000 times, or 30,000 ETH. Where is this money coming from?

Assuming my 1,001 deposits are the only accounts in the piggybank, that means only 1,050 has been collected yet 30,000 + %s for all the 0.05 accounts are being paid out.
full member
Activity: 168
Merit: 100

So you are saying that I will earn 3% on my investments every time somebody else deposits ?


Op does this mean that i will earn from this forever??

Yes, you will earn 3% everytime somebody deposits after you, which will last forever!
Ok thanks, tomorrow i`ll invest after i buy some eth, it will be exciting!
newbie
Activity: 42
Merit: 0
to which direction wallet will deposit me the ether Huh

The profits will be sent back to the address you deposited from

You can see all transactions here, everyone got paid:
https://etherscan.io/address/0xdcb13FA157eeBF22dDC8C9aA1d6E394810De6FA3#internaltx

newbie
Activity: 42
Merit: 0

So you are saying that I will earn 3% on my investments every time somebody else deposits ?


Op does this mean that i will earn from this forever??

Yes, you will earn 3% everytime somebody deposits after you, which will last forever!

Yes that is what i thought, it's awesome, can't wait to invest in this Wink
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