Pyramids / randomizers / etc | Bitcointalksearch.org

Kyt Dotson

member

Activity: 105

Merit: 10

Quote from: TheHumanatee on August 13, 2011, 12:57:35 PM

bitcat.ch guys gonna make his $ either way, no?

I believe the primary reason that people who run these sorts of services discourage this behavior is because their potential customers see others doing it and rightly believe that their chances of success are reduced. The resulting culture of system gaming leads to a swifter collapse of the Ponzi scheme and the system itself and its promoter gets a bad reputation. Cool

TheHumanatee

newbie

Activity: 35

Merit: 0

bitcat.ch guys gonna make his $ either way, no?

This round worked out nicely for me

http://bitcoinduit.com/game/viewRound.php?id=THE_Jackpot

-FaerO-

member

Activity: 84

Merit: 10

Quote from: RandyFolds on August 13, 2011, 02:12:52 AM

Quote from: -FaerO- on August 13, 2011, 01:59:52 AM

Quote from: RandyFolds on August 13, 2011, 01:45:14 AM

Quote from: -FaerO- on August 12, 2011, 06:07:21 PM

Works great if you promote. Make sure you arent the last. If its consistently growing as bitcat.ch is then there is no fear of loss. My method works great. I have several accounts, all verified, references of each other. Therefore increasing my chances of grabbing random referrals. Increasing my chances of taking the jackpot. & increasing my income as well as paying myself back for initial investments. I have over 18 accounts verified all branched off each other. Now by only round 2 of being in it I have made back my investment & am guaranteed to make more in the rounds to come. I will be set with a consistent flow of BTC trickling in through each account as well as increase my income by adding more accounts as time goes on. Just know that you cant earn a referral for an account until it is verified. So you need to start with 1 & expand gradually. Ideally if we all work together we all help each other get paid. That being said I hope to see you all there. Heres my LINK:

http://rand.bitcat.ch/?ref=83

HappY TravelS

-MR. CranE-

Well, I doubt that's in the spirit of the game...

Should have considered that fact before putting it out. People will always find an exploit. If everyone was doing what I do then its just a matter of who does it more. Same opportunity all around. Its fair

The spirit of my game is profit

Not when the guy that runs Bitcat.ch sees that you're gaming the fuck out of his well-intentioned system.

RandyFolds

sr. member

Activity: 448

Merit: 250

Quote from: -FaerO- on August 13, 2011, 01:59:52 AM

Quote from: RandyFolds on August 13, 2011, 01:45:14 AM

Quote from: -FaerO- on August 12, 2011, 06:07:21 PM

Works great if you promote. Make sure you arent the last. If its consistently growing as bitcat.ch is then there is no fear of loss. My method works great. I have several accounts, all verified, references of each other. Therefore increasing my chances of grabbing random referrals. Increasing my chances of taking the jackpot. & increasing my income as well as paying myself back for initial investments. I have over 18 accounts verified all branched off each other. Now by only round 2 of being in it I have made back my investment & am guaranteed to make more in the rounds to come. I will be set with a consistent flow of BTC trickling in through each account as well as increase my income by adding more accounts as time goes on. Just know that you cant earn a referral for an account until it is verified. So you need to start with 1 & expand gradually. Ideally if we all work together we all help each other get paid. That being said I hope to see you all there. Heres my LINK:

http://rand.bitcat.ch/?ref=83

HappY TravelS

-MR. CranE-

Well, I doubt that's in the spirit of the game...

The spirit of my game is profit

Not when the guy that runs Bitcat.ch sees that you're gaming the fuck out of his well-intentioned system.

-FaerO-

member

Activity: 84

Merit: 10

Quote from: RandyFolds on August 13, 2011, 01:45:14 AM

Quote from: -FaerO- on August 12, 2011, 06:07:21 PM

Works great if you promote. Make sure you arent the last. If its consistently growing as bitcat.ch is then there is no fear of loss. My method works great. I have several accounts, all verified, references of each other. Therefore increasing my chances of grabbing random referrals. Increasing my chances of taking the jackpot. & increasing my income as well as paying myself back for initial investments. I have over 18 accounts verified all branched off each other. Now by only round 2 of being in it I have made back my investment & am guaranteed to make more in the rounds to come. I will be set with a consistent flow of BTC trickling in through each account as well as increase my income by adding more accounts as time goes on. Just know that you cant earn a referral for an account until it is verified. So you need to start with 1 & expand gradually. Ideally if we all work together we all help each other get paid. That being said I hope to see you all there. Heres my LINK:

http://rand.bitcat.ch/?ref=83

HappY TravelS

-MR. CranE-

Well, I doubt that's in the spirit of the game...

The spirit of my game is profit

RandyFolds

sr. member

Activity: 448

Merit: 250

Quote from: -FaerO- on August 12, 2011, 06:07:21 PM

Works great if you promote. Make sure you arent the last. If its consistently growing as bitcat.ch is then there is no fear of loss. My method works great. I have several accounts, all verified, references of each other. Therefore increasing my chances of grabbing random referrals. Increasing my chances of taking the jackpot. & increasing my income as well as paying myself back for initial investments. I have over 18 accounts verified all branched off each other. Now by only round 2 of being in it I have made back my investment & am guaranteed to make more in the rounds to come. I will be set with a consistent flow of BTC trickling in through each account as well as increase my income by adding more accounts as time goes on. Just know that you cant earn a referral for an account until it is verified. So you need to start with 1 & expand gradually. Ideally if we all work together we all help each other get paid. That being said I hope to see you all there. Heres my LINK:

http://rand.bitcat.ch/?ref=83

HappY TravelS

-MR. CranE-

Well, I doubt that's in the spirit of the game...

Kyt Dotson

member

Activity: 105

Merit: 10

Quote from: tysat on August 11, 2011, 12:44:45 AM

There are so many of them now I wouldn't even bother.

Agreed. Pyramid schemes, as they proliferate they're going to eventually collapse beneath their own weight. Although, it does move BTC around.

TheHumanatee

newbie

Activity: 35

Merit: 0

http://bitcoinduit.com/game/viewRound.php?id=THE_Jackpot

Someone wanna pop in there and help a brother out?
: )

dree12

legendary

Activity: 1246

Merit: 1077

Quote from: elux on August 12, 2011, 05:59:33 PM

Any pyramid or ponzi scheme will have a negative expected return on the investment for the majority of investors*.

*Victims (or suckers) are perhaps more appropriate words.

For the majority of investments any pyramid or ponzi scheme with less than 2x payout will have a positive actual return though. Expected or actual, you choose.

the joint

legendary

Activity: 1834

Merit: 1020

Here's a fun one. Only 3 in so far! Chance to earn 150% of your initial deposit.

http://bitcoinduit.com/game/viewRound.php?id=Half_double

I want to reinvest

Give me an incentive to do so.

-FaerO-

member

Activity: 84

Merit: 10

Works great if you promote. Make sure you arent the last. If its consistently growing as bitcat.ch is then there is no fear of loss. My method works great. I have several accounts, all verified, references of each other. Therefore increasing my chances of grabbing random referrals. Increasing my chances of taking the jackpot. & increasing my income as well as paying myself back for initial investments. I have over 18 accounts verified all branched off each other. Now by only round 2 of being in it I have made back my investment & am guaranteed to make more in the rounds to come. I will be set with a consistent flow of BTC trickling in through each account as well as increase my income by adding more accounts as time goes on. Just know that you cant earn a referral for an account until it is verified. So you need to start with 1 & expand gradually. Ideally if we all work together we all help each other get paid. That being said I hope to see you all there. Heres my LINK:

http://rand.bitcat.ch/?ref=83

HappY TravelS

-MR. CranE-

ffuentes

member

Activity: 70

Merit: 10

Only a curious passer-by / FirstBits: 13zsc1

I don't understand why bitcoin people talks about Ponzi and Pyramids as something good. Huh

elux

legendary

Activity: 1458

Merit: 1006

Any pyramid or ponzi scheme will have a negative expected return on the investment for the majority of investors*.

*Victims (or suckers) are perhaps more appropriate words.

dree12

legendary

Activity: 1246

Merit: 1077

Quote from: edd on August 11, 2011, 07:27:04 PM

Quote from: TheHumanatee on August 11, 2011, 07:15:13 PM

Alright, well, I just tossed some coin at this

http://bitcoinduit.com/game/viewRound.php?id=Insomnia

come on aboard then : ))

Hey, that one's mine! Cheesy

I like the pyramids better than random number generators since there is some skill involved in guessing how people will behave. Human nature being as unpredictable as it is, however...

Aren't the RNGs more pyramid like than the bitcoinduit ones, which IMO are more like Ponzi schemes (you get payed with other investor's money rather than referal based towers)?

edd

donator

Activity: 1414

Merit: 1002

Quote from: CoinHunter on August 12, 2011, 12:13:40 AM

Quote from: edd on August 11, 2011, 07:27:04 PM

Quote from: TheHumanatee on August 11, 2011, 07:15:13 PM

Alright, well, I just tossed some coin at this

http://bitcoinduit.com/game/viewRound.php?id=Insomnia

come on aboard then : ))

Hey, that one's mine! Cheesy

I like the pyramids better than random number generators since there is some skill involved in guessing how people will behave. Human nature being as unpredictable as it is, however...

Nice little site there. Do you have any other works?

Sorry, didn't mean to imply that Bitcoinduit was mine, just the Round "Insomnia" that TheHumanatee linked to. That one expired, BTW, but Insomnia_2 is just starting!

CoinHunter

sr. member

Activity: 252

Merit: 251

Quote from: edd on August 11, 2011, 07:27:04 PM

Quote from: TheHumanatee on August 11, 2011, 07:15:13 PM

Alright, well, I just tossed some coin at this

http://bitcoinduit.com/game/viewRound.php?id=Insomnia

come on aboard then : ))

Hey, that one's mine! Cheesy

I like the pyramids better than random number generators since there is some skill involved in guessing how people will behave. Human nature being as unpredictable as it is, however...

Nice little site there. Do you have any other works?

edd

donator

Activity: 1414

Merit: 1002

Quote from: TheHumanatee on August 11, 2011, 07:15:13 PM

Alright, well, I just tossed some coin at this

http://bitcoinduit.com/game/viewRound.php?id=Insomnia

come on aboard then : ))

Hey, that one's mine! Cheesy

I like the pyramids better than random number generators since there is some skill involved in guessing how people will behave. Human nature being as unpredictable as it is, however...

TheHumanatee

newbie

Activity: 35

Merit: 0

Alright, well, I just tossed some coin at this

http://bitcoinduit.com/game/viewRound.php?id=Insomnia

come on aboard then : ))

Mushroomized

legendary

Activity: 1470

Merit: 1002

Hello!

They work pretty well, but only if you get in early! Chances are if someone if referring you it is too late. That being said its a good way to get started with bitcoins!

tysat

legendary

Activity: 966

Merit: 1004

Keep it real

There are so many of them now I wouldn't even bother.

Topic: Pyramids / randomizers / etc (Read 1617 times)