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Topic: "Pirate" ponzi simulation - page 2. (Read 2703 times)

donator
Activity: 2058
Merit: 1007
Poor impulse control.
May 25, 2012, 08:25:26 AM
#10
I don't think this should be called '"Pirate" ponzi simulation'. Try instead '"Playing chicken in my father's Ferrari, blindfold" simulation'.
vip
Activity: 574
Merit: 500
Don't send me a pm unless you gpg encrypt it.
May 25, 2012, 08:22:11 AM
#9
inau, your rates suck! Cheesy

Make it way higher.

At LEAST 10%.
N12
donator
Activity: 1610
Merit: 1010
May 25, 2012, 08:21:22 AM
#8
inau, your rates suck! Cheesy

Make it way higher.
donator
Activity: 308
Merit: 250
May 25, 2012, 08:16:21 AM
#7
Are you yourself allowed to participate?
sr. member
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
May 25, 2012, 08:14:18 AM
#6
Oh yummy yummy I wanna play.
newbie
Activity: 15
Merit: 0
May 25, 2012, 08:04:28 AM
#5
Is this suppose to be a less -visible- bitcoinduit? 
donator
Activity: 826
Merit: 1060
May 25, 2012, 05:42:03 AM
#4
The winning strategy (for everyone) is: don't withdraw, but make sure you withdraw before everyone else.
legendary
Activity: 938
Merit: 1000
What's a GPU?
May 25, 2012, 12:36:00 AM
#3
Doing it Cheesy
donator
Activity: 289
Merit: 250
May 25, 2012, 12:09:24 AM
#2
2. I will be crediting 7% a week, on Mondays.  You get partial interest if you deposited after Monday.  You may only deposit/withdraw on Mondays.

Why would anyone use this if they could instead get the same interest rate with pirate, with the added benefit that he might not actually be running a ponzi?

Maybe you should up the interest rates? Like a "Super-Pirate" or a "Double-Pirate" ponzi...
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
May 24, 2012, 11:25:51 PM
#1
Pirate is in quotes; I don't think he is running a ponzi.  This is an experiment.

0. Wallet starts at 0 BTC.
1. You can open an account by PMing me.  Deposits grow my ponzi wallet balance.
2. I will be crediting 10% a week, on Mondays.  You get partial interest if you deposited after Monday.  You may only deposit/withdraw on Mondays.
3. I will not actually be making any money to pay this "interest."  When I run out of money in my ponzi wallet (and only then), I will post publicly that the experiment has ended and I am bankrupt.
4. Last withdrawal request is filled by however much money is left in my ponzi wallet at the time.


Due to an obvious demand, I have increased the interest rate to 10%!
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