Topic: New Thought for Doubling Sites (Read 953 times)

Well, it is bound to happen with most of them, there is simply no way at this point without redoing the whole system to make it work.  The old payouts will always depend on new players and once those stop coming in, it is doomed.

You cannot call a ponzi a scam until it collapsed, for as long as the ponzi is paying then its good. once the payment is pending then thats the time you can call it as a scam,

Exactly, and that is applied to many more layers of society than one would think. Ever thought about lethal deseases and their possible cures that way? if not please let it sink in a while BEFORE you read the part under this (and if you're a TL;DR person, this is going to be just that kind of post).

So, either you waited, either you didn't, I can't check, I don't care, what I want to say is this: every layer of every society (let's keep it to the human race here) that in general has a will to gain profit, will always try to make other people pay as much as possible. Now, I'm not trying to promote any conspiracy theory's here, BUT given the example you have given, think about this:

Why would the government or the society of doctors (im not 100% sure there is one but too lazy to check and sure enough to post :p) cure certain diseases (or sell the possibility of a cure) when they can profit of them selling other meds, like delayers and so...
I'm not saying you should, but if you are triggered by these thoughts, just put some of these words in google: cure, treatment, cancer, conspiracy...
And yes, others will say it's just conspiracy, I am in no way saying that I am sure it is, but as long as there is no cure generally available, how sure can we be there is one or not?

EDIT: wanted to insert an image here i thought was nailing it, but it's several images that make the whole... Anyway the image is at top on this link (as always, click it, don't click it, I don't care): http://www.cancertreatmentwatch.org/q/conspiracy.shtml

But please, I do not want or do not care whether you believe me or these thoughts. I'm just posting these objective (atleast according to me) thoughts here so that people might be aware that there may always be greater forces than any of us can handle at any given time.

And if you want some nice video nailing the truth of the elections of the USA: watch until 0.48 (I am not vouching for anyone, I am just showing some video with some stuff that need some thinking)

Maybe I am a conspiracy theorist, maybe I am not, but I am definitely not someone who believes every little crap lie the media sometimes try to tell us...

Sorry for long post though, when I start typing, I can't stop lol :p

If there are any fees associated to withdrawals that would turn investors away right away.
I can not see anyone wanting to put in a small amount and having half of it taken away in fees alone. That is what the banks are for 

After this discussions, some people will launch 150% BTC ponzi sites, Admins are getting ideas from our post here.. somehow we are giving free lecture for them

That one is even too cryptic for me to figure out, lol.

I also pointed it out as a simple and general discussion not to accuse you . But whoever I accused here pretty well knows that what I am saying about.

I and everyone here appreciates what you are saying and we all know that same facts.  The fact here is that this was simply a discussion.  Just people talking.  I already stated that I do not use these sites and I have no intention of starting one.  This is just some people talking about the issues with the sites and possible ways that things can improve.  It is not going to happen, we know that.  A drug dealer may get more long term sales by referring some of his/her clients to rehab before they die, then they can get a little better, get back out of rehab and start all over with the drug dealer, this is a concept that would show advanced future levels of income and it is just an idea, just like the ones I stated here.  There is no drug dealer that is ever going to do that and there are no scammers that are going to modify their methods to show get longevity to the clients.  This is just talk.

Exactly!!! You are right @mickeyb

@OP you are not the only one who overcame with that idea.Sites like ore-mine.org and scrypt.cc were also paying out smaller returns and worked for longer time than "Doubling-Ponzis".

Higher Return or Double return on investment means that site will soon come out to be scam and smaller return will too scam but it will be working for a long time.

Higher Return Ponzi : Coinsdouble.com,
Smaller Return Ponzi : Ore-mine.org

Reason: Reason is that no matter whatever type of return they keep (higher/smaller ROI) it will bring a situation like "Hole i the pocket" which no one likes to have with them [like say am giving double ROI to my investors , everytime i pay them it will decrease my btc balance which no one wants to have]. So it is most likely them will come out to be as scam.

If the site is risking BTC in trading and exchange or any cryptocurrency

They maybe expert in handling risk because they know how to manage risk but they cant eliminate risk at whole so in this case they may also scam.

I think they are only the excuses to get some fund and scam the money.

I don't think they meant to put the advertising profits back into the investment, but to have that as an income from the site in general, since the main reason that people start these sites is to make money and run so we are looking at having the sites produce more income so that would be less likely.  Actually we are rambling in general, but that is the direction the rambling is going at the moment.

The admin should have enough cash reserves to payout the first batch of investors.


Now your talking about a revenue sharing sites, there are already alot of that at the moment,

True, I wonder how hard it would be to create an escrow that pays out to multiple wallets rather than just one.  Anyone could write the software, but in order for an escrow to be of any value, it would need to be written and implemented by trusted source, perhaps a pre-existing escrow service.

I also guess that doubling sites would last longer if they also put rotating advertisementnon their websites whichbis an extra income for traffic when someone will invest, check their deposit and just browse and see whats going on.

First hurdle would be getting past the trust factor, but it could work, since there are always loads of people that jump on these sites despite numerous warnings.  The admin should also keep a fully up to date blog about the site or a news ticker on the site that tells people how things are going.  They should be fully transparent and warn people that things are slowing down or binding up and the site may be failing soon.  That kills it for the last investors, but it is fair to new people.  Or, the admin starts off with a security cold wallet and pays the last few investors upon failure.  That means that the admin is acutally taking a chance that the site may or may not make them more money than they have put on the line.  Maybe keep that fund in an escrow even.

the better return would be 125%, and 5% admin fees for every withdrawal, in this way admin will have his share of the pie when someone withdraw. a fully transparent BTC ponzi sites, members will have the chance to earn profit. An Admin with a good intentions is also needed.

I am not saying it would not fail, just that it would possible be able to support itself a little longer than a doubling site.

It would still fail, but another system would be the let the system run as new members join and to simply take a small transaction fee on the withdrawals instead and reaching a certain limit and stealing everything.  It would be interesting to see how long the site would run if the admin did not intentionally trash the whole thing.  I would have no problem making 3% of all the outgoing transactions on some of the sites I have seen.  That is if the number and transactions they are showing on their site are real and not there to make it seem to be higher paying.

What you described is a plain ponzi. Anyway, they too will scam. Why do you think they get created in the first place?

If the site dont pay referral commissions,
for a minimum deposit of 100K satoshis,

1 members only need 1 new member to get paid. for a 200% return
for 150% return for every 1 new member join and invest, 2 member will get paid.
 this will continue until people stops joining, or admin runs with the money,

I full on agree with you.  As long as you look at it as a "pastime" or "game" and never invest anything anywhere that you cannot afford to lose.