Topic: MakeBTC.org Pyramid Scheme - page 15. (Read 18655 times)
to get to 30 banks would be done in a little under a month at the rate it is currently banking.
Why? Cos it's kinda easy and predictable way to spend your money, compared to other gambling styles such as dice rolls, or casinos. I don't think that the people spend their whole investments on this kind of sites. People trying with a little money, waiting a bit and see what happens.. If many people can spend their money on rolling sites, they can put their money on MakeBTC too 
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I think it's possible to reach level 30+. Also if chinese bitcoin holders discover the site, even further levels we can see in a few months.
Why would the Chinese be interested in pyramid schemes? They tend to invest their money wisely.
site is down now 
EDIT: its back I see
How many banks do you think it will get to in the end? 30 seems alittle short...
EDIT: its back I see
How many banks do you think it will get to in the end? 30 seems alittle short...
Depending on the future chinese interest on the site. My end of year guess is lvl 75 - 90
seems working now..
maybe a maintenance?
maybe a maintenance?
site is down now
EDIT: its back I see
How many banks do you think it will get to in the end? 30 seems alittle short...
EDIT: its back I see
How many banks do you think it will get to in the end? 30 seems alittle short...
I think it's possible to reach level 30+. Also if chinese bitcoin holders discover the site, even further levels we can see in a few months.
Ok, i'm in with small dep! Let's try!
Good luck "Allow"; hoping it hits level 30 in the coming months
Ok, i'm in with small dep! Let's try!
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The payments come from the operator, and yes, there is certainly a chance that he can just pack up the site and hold onto the wallet for himself. But, if he's getting steady new users there's no benefit to doing so. His greed fuels the profit of others.
How do you know that you will definitely get paid out if you reach that level 4 and the money just wont stop there? As long as there's suckers that keep paying in it doesn't really matter and he doesn't even need to disappear. Wouldn't it be a better gamble just gambling with your money other ways? The vast majority of the times these are just straight-up scams and everybody loses out except the operator.
How do you know an Exchange (Cryptsy, BTC-E, Coinex) won't just shut its doors and take all of the money... you don't. I've been on the site for 3 days and have been paid every day, that's a better track record than most of the similar operations out there right now. They also have completely transparent logging so you can see every registration, deposit, and payout.
Reputable exchanges are a little bit different from a pyramid scheme/scam. And a good scam will rope you along offering payouts at less than what you've put in until they get the big money.
Have you actually been the site? You're saying a lot of things I don't think you would say if you did any quick research. There's nothing sneaky about it, there's even a calculator that shows you exactly how much you'll make for each level. The payouts are exactly as advertised, and if you visit the site, you can look at the live logs and see who's made money so far and who is reinvesting. I don't think it's as much of a conspiracy as you think; the operator has been honest with the users and is making a good bit of profit just by running the site (maintenance fee at every level reached).
The best scams will always appear or try to appear legitimate or transparent. Maybe it's not a scam, but most pyramids are and I'd be willing to bet there will be a lot of people who end up losing out at some point. And I'm not sceptical that he's making a good bit of profit.
The payments come from the operator, and yes, there is certainly a chance that he can just pack up the site and hold onto the wallet for himself. But, if he's getting steady new users there's no benefit to doing so. His greed fuels the profit of others.
How do you know that you will definitely get paid out if you reach that level 4 and the money just wont stop there? As long as there's suckers that keep paying in it doesn't really matter and he doesn't even need to disappear. Wouldn't it be a better gamble just gambling with your money other ways? The vast majority of the times these are just straight-up scams and everybody loses out except the operator.
How do you know an Exchange (Cryptsy, BTC-E, Coinex) won't just shut its doors and take all of the money... you don't. I've been on the site for 3 days and have been paid every day, that's a better track record than most of the similar operations out there right now. They also have completely transparent logging so you can see every registration, deposit, and payout.
Reputable exchanges are a little bit different from a pyramid scheme/scam. And a good scam will rope you along offering payouts at less than what you've put in until they get the big money.
Have you actually been the site? You're saying a lot of things I don't think you would say if you did any quick research. There's nothing sneaky about it, there's even a calculator that shows you exactly how much you'll make for each level. The payouts are exactly as advertised, and if you visit the site, you can look at the live logs and see who's made money so far and who is reinvesting. I don't think it's as much of a conspiracy as you think; the operator has been honest with the users and is making a good bit of profit just by running the site (maintenance fee at every level reached).
global moderator
Activity: 3990
Merit: 2713
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The payments come from the operator, and yes, there is certainly a chance that he can just pack up the site and hold onto the wallet for himself. But, if he's getting steady new users there's no benefit to doing so. His greed fuels the profit of others.
How do you know that you will definitely get paid out if you reach that level 4 and the money just wont stop there? As long as there's suckers that keep paying in it doesn't really matter and he doesn't even need to disappear. Wouldn't it be a better gamble just gambling with your money other ways? The vast majority of the times these are just straight-up scams and everybody loses out except the operator.
How do you know an Exchange (Cryptsy, BTC-E, Coinex) won't just shut its doors and take all of the money... you don't. I've been on the site for 3 days and have been paid every day, that's a better track record than most of the similar operations out there right now. They also have completely transparent logging so you can see every registration, deposit, and payout.
Reputable exchanges are a little bit different from a pyramid scheme/scam. And a good scam will rope you along offering payouts at less than what you've put in until they get the big money.
The payments come from the operator, and yes, there is certainly a chance that he can just pack up the site and hold onto the wallet for himself. But, if he's getting steady new users there's no benefit to doing so. His greed fuels the profit of others.
How do you know that you will definitely get paid out if you reach that level 4 and the money just wont stop there? As long as there's suckers that keep paying in it doesn't really matter and he doesn't even need to disappear. Wouldn't it be a better gamble just gambling with your money other ways? The vast majority of the times these are just straight-up scams and everybody loses out except the operator.
How do you know an Exchange (Cryptsy, BTC-E, Coinex) won't just shut its doors and take all of the money... you don't. I've been on the site for 3 days and have been paid every day, that's a better track record than most of the similar operations out there right now. They also have completely transparent logging so you can see every registration, deposit, and payout.
global moderator
Activity: 3990
Merit: 2713
Join the world-leading crypto sportsbook NOW!
The payments come from the operator, and yes, there is certainly a chance that he can just pack up the site and hold onto the wallet for himself. But, if he's getting steady new users there's no benefit to doing so. His greed fuels the profit of others.
How do you know that you will definitely get paid out if you reach that level 4 and the money just wont stop there? As long as there's suckers that keep paying in it doesn't really matter and he doesn't even need to disappear. Wouldn't it be a better gamble just gambling with your money other ways? The vast majority of the times these are just straight-up scams and everybody loses out except the operator.
The payments come from the operator, and yes, there is certainly a chance that he can just pack up the site and hold onto the wallet for himself. But, if he's getting steady new users there's no benefit to doing so. His greed fuels the profit of others.
global moderator
Activity: 3990
Merit: 2713
Join the world-leading crypto sportsbook NOW!
That's my first message to the forum, and it can be a quite insecure information for many people. But I would like to share the information I recently obtain about MakeBTC.org
About a week ago I registered to this site, with a very low confidence. So that I just load 0.05 BTC to the system. 2-3 days ago I add 0.053 BTC again since I saw people started to withrewing money, and logs are open to public. And today i made a withdrew, to try if it's work or not. And few minutes ago, I confirm that I take 0.032 BTC payment from the site to the Blockchain.
About a week ago I registered to this site, with a very low confidence. So that I just load 0.05 BTC to the system. 2-3 days ago I add 0.053 BTC again since I saw people started to withrewing money, and logs are open to public. And today i made a withdrew, to try if it's work or not. And few minutes ago, I confirm that I take 0.032 BTC payment from the site to the Blockchain.
So you've put in 0.103BTC and gotten out 0.032BTC?
this is a scam it says i have recieved payout but i have not
Most of these pyramid schemes are outright scams. They sucker in greedy fools stupid enough to send them money.
The withdraw function seems to be working fine. I didn't get in the system early (joined on the 17th), but I've already gotten back .32BTC and raised my level a bit. It's not the flashiest thing in the world, but it's fun to keep up with it.
How much did you put in?
I put in a total of 1.5 BTC and have withdrawn 0.52 BTC so far (3 days). This is a pure pyramid scheme, but it advertises it self as that. You choose a percentage of your "award" for each level to withdraw and the rest is reinvested to raise your level of investment. It's up 13 levels so far, if it goes up another 4 levels I'll be "even" and everything from that point on is profit. The only real question is how long the site owner will keep everything running. It's only been open ~ 3 weeks, so if it stays up for 6 months it will generate a lot of profit for a lot of people. Of course some people will get screwed... but that's why this is posted in the gambling forum!
What if it's impossible to get to the top or the next 4 levels and you just keep getting fed along and never recoup your money? Usually these aren’t actually schemes to make money but scams to lose it. Pretty much everybody loses out except the creator.
I don't think you understand how this kind of system works, it's always possible to increase levels as long as people are still joining the program. It's the same with any pyramid system. The people at the bottom will always make the most money (depending on new investment amounts), but you have a chance to make plenty of money as long as additional people join after you.
You wont make anything if additional people don't join. Do the payments come directly from the operator or the users?
Of course... that's the entire idea of a pyramid system; it's only successful as long as new people join and invest. The idea of the pyramid is to join and then get people you know to join; they get people they know and so on and so on, you make income based on downstream investments. This one is more unique because you make money off of anyone investing, not just your downstream affiliates. The payments come whenever a "level" is reached, which is a specific amount of BTC invested. Pyramids are risky and you shouldn't invest if you don't have money to lose, but the people who do invest in the early stages often end up making substantial profits. The key is when the "early stages" end, it's all based on how long the system survives.
If it were to stop getting new people today I would be down ~1BTC, that's a risk I'm willing to take. If the system goes up 20 more levels (it made 12 levels in 3 weeks) then I will be up ~2.75BTC at a minimum on top of what I've already withdrawn.
So do the payments come directly from the site operator or the other users, because as with these schemes they just tend to be scams and as soon as the operator has enough money he just leaves you guys hanging with nothing.
That's my first message to the forum, and it can be a quite insecure information for many people. But I would like to share the information I recently obtain about MakeBTC.org
About a week ago I registered to this site, with a very low confidence. So that I just load 0.05 BTC to the system. 2-3 days ago I add 0.053 BTC again since I saw people started to withrewing money, and logs are open to public. And today i made a withdrew, to try if it's work or not. And few minutes ago, I confirm that I take 0.032 BTC payment from the site to the Blockchain.
About a week ago I registered to this site, with a very low confidence. So that I just load 0.05 BTC to the system. 2-3 days ago I add 0.053 BTC again since I saw people started to withrewing money, and logs are open to public. And today i made a withdrew, to try if it's work or not. And few minutes ago, I confirm that I take 0.032 BTC payment from the site to the Blockchain.
So you've put in 0.103BTC and gotten out 0.032BTC?
this is a scam it says i have recieved payout but i have not
Most of these pyramid schemes are outright scams. They sucker in greedy fools stupid enough to send them money.
The withdraw function seems to be working fine. I didn't get in the system early (joined on the 17th), but I've already gotten back .32BTC and raised my level a bit. It's not the flashiest thing in the world, but it's fun to keep up with it.
How much did you put in?
I put in a total of 1.5 BTC and have withdrawn 0.52 BTC so far (3 days). This is a pure pyramid scheme, but it advertises it self as that. You choose a percentage of your "award" for each level to withdraw and the rest is reinvested to raise your level of investment. It's up 13 levels so far, if it goes up another 4 levels I'll be "even" and everything from that point on is profit. The only real question is how long the site owner will keep everything running. It's only been open ~ 3 weeks, so if it stays up for 6 months it will generate a lot of profit for a lot of people. Of course some people will get screwed... but that's why this is posted in the gambling forum!
What if it's impossible to get to the top or the next 4 levels and you just keep getting fed along and never recoup your money? Usually these aren’t actually schemes to make money but scams to lose it. Pretty much everybody loses out except the creator.
I don't think you understand how this kind of system works, it's always possible to increase levels as long as people are still joining the program. It's the same with any pyramid system. The people at the bottom will always make the most money (depending on new investment amounts), but you have a chance to make plenty of money as long as additional people join after you.
You wont make anything if additional people don't join. Do the payments come directly from the operator or the users?
Of course... that's the entire idea of a pyramid system; it's only successful as long as new people join and invest. The idea of the pyramid is to join and then get people you know to join; they get people they know and so on and so on, you make income based on downstream investments. This one is more unique because you make money off of anyone investing, not just your downstream affiliates. The payments come whenever a "level" is reached, which is a specific amount of BTC invested. Pyramids are risky and you shouldn't invest if you don't have money to lose, but the people who do invest in the early stages often end up making substantial profits. The key is when the "early stages" end, it's all based on how long the system survives.
If it were to stop getting new people today I would be down ~1BTC, that's a risk I'm willing to take. If the system goes up 20 more levels (it made 12 levels in 3 weeks) then I will be up ~2.75BTC at a minimum on top of what I've already withdrawn.
ok i just received another payment
global moderator
Activity: 3990
Merit: 2713
Join the world-leading crypto sportsbook NOW!
That's my first message to the forum, and it can be a quite insecure information for many people. But I would like to share the information I recently obtain about MakeBTC.org
About a week ago I registered to this site, with a very low confidence. So that I just load 0.05 BTC to the system. 2-3 days ago I add 0.053 BTC again since I saw people started to withrewing money, and logs are open to public. And today i made a withdrew, to try if it's work or not. And few minutes ago, I confirm that I take 0.032 BTC payment from the site to the Blockchain.
About a week ago I registered to this site, with a very low confidence. So that I just load 0.05 BTC to the system. 2-3 days ago I add 0.053 BTC again since I saw people started to withrewing money, and logs are open to public. And today i made a withdrew, to try if it's work or not. And few minutes ago, I confirm that I take 0.032 BTC payment from the site to the Blockchain.
So you've put in 0.103BTC and gotten out 0.032BTC?
this is a scam it says i have recieved payout but i have not
Most of these pyramid schemes are outright scams. They sucker in greedy fools stupid enough to send them money.
The withdraw function seems to be working fine. I didn't get in the system early (joined on the 17th), but I've already gotten back .32BTC and raised my level a bit. It's not the flashiest thing in the world, but it's fun to keep up with it.
How much did you put in?
I put in a total of 1.5 BTC and have withdrawn 0.52 BTC so far (3 days). This is a pure pyramid scheme, but it advertises it self as that. You choose a percentage of your "award" for each level to withdraw and the rest is reinvested to raise your level of investment. It's up 13 levels so far, if it goes up another 4 levels I'll be "even" and everything from that point on is profit. The only real question is how long the site owner will keep everything running. It's only been open ~ 3 weeks, so if it stays up for 6 months it will generate a lot of profit for a lot of people. Of course some people will get screwed... but that's why this is posted in the gambling forum!
What if it's impossible to get to the top or the next 4 levels and you just keep getting fed along and never recoup your money? Usually these aren’t actually schemes to make money but scams to lose it. Pretty much everybody loses out except the creator.
I don't think you understand how this kind of system works, it's always possible to increase levels as long as people are still joining the program. It's the same with any pyramid system. The people at the bottom will always make the most money (depending on new investment amounts), but you have a chance to make plenty of money as long as additional people join after you.
You wont make anything if additional people don't join. Do the payments come directly from the operator or the users?
That's my first message to the forum, and it can be a quite insecure information for many people. But I would like to share the information I recently obtain about MakeBTC.org
About a week ago I registered to this site, with a very low confidence. So that I just load 0.05 BTC to the system. 2-3 days ago I add 0.053 BTC again since I saw people started to withrewing money, and logs are open to public. And today i made a withdrew, to try if it's work or not. And few minutes ago, I confirm that I take 0.032 BTC payment from the site to the Blockchain.
About a week ago I registered to this site, with a very low confidence. So that I just load 0.05 BTC to the system. 2-3 days ago I add 0.053 BTC again since I saw people started to withrewing money, and logs are open to public. And today i made a withdrew, to try if it's work or not. And few minutes ago, I confirm that I take 0.032 BTC payment from the site to the Blockchain.
So you've put in 0.103BTC and gotten out 0.032BTC?
this is a scam it says i have recieved payout but i have not
Most of these pyramid schemes are outright scams. They sucker in greedy fools stupid enough to send them money.
The withdraw function seems to be working fine. I didn't get in the system early (joined on the 17th), but I've already gotten back .32BTC and raised my level a bit. It's not the flashiest thing in the world, but it's fun to keep up with it.
How much did you put in?
I put in a total of 1.5 BTC and have withdrawn 0.52 BTC so far (3 days). This is a pure pyramid scheme, but it advertises it self as that. You choose a percentage of your "award" for each level to withdraw and the rest is reinvested to raise your level of investment. It's up 13 levels so far, if it goes up another 4 levels I'll be "even" and everything from that point on is profit. The only real question is how long the site owner will keep everything running. It's only been open ~ 3 weeks, so if it stays up for 6 months it will generate a lot of profit for a lot of people. Of course some people will get screwed... but that's why this is posted in the gambling forum!
What if it's impossible to get to the top or the next 4 levels and you just keep getting fed along and never recoup your money? Usually these aren’t actually schemes to make money but scams to lose it. Pretty much everybody loses out except the creator.
I don't think you understand how this kind of system works, it's always possible to increase levels as long as people are still joining the program. It's the same with any pyramid system. The people at the bottom will always make the most money (depending on new investment amounts), but you have a chance to make plenty of money as long as additional people join after you.
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