Ponzi schemes never work , i dont even understand how this scheme works it isnt really clear to me.
But expirience has told me to not get into ponzi schemes, there is a reason why ponzi schemes have negative connotations
cus if it aint you thats losing, someone else is.
Topic: Real Ponzi scheme with telephone numbers (Read 1124 times)
Ugh. Automated calls. No way.
Here is how it would work:
There would be a premium-rate phone number that you could call to from any phone number;
You would then have three options:
1) Call number to add to our ponzi game
2) See balance associated with your phone number
3) Withdraw money associated with your phone number to your designated bitcoin address
The last two are self explanatory but the first would work like this:
You would input on your phone keyboard any phone number you wanted to associate with the game and it would be called by an automated machine. If on the other line someone said "Bitcoin!" straight away the automated machine would recognize that - using an automated speech recognition engine - and if that phone number was not yet in the list of participants two entries would be added to it: one would be your own phone number and the other would be the other phone number you did request.
With every new block and its hash, an entrie would be selected from the list using
LATEST_HASH_NUMBER mod TOTAL_NUMBER_OF_ENTRIES, where mod is the rest of the integer division.
So, the more phone lines you did call that answered 'BITCOIN!' in the first place and that were not yet on the list of entries the more chances you would get of winning on the contest - that would select a winner with every new block - because one of the entries added was your own phone number.
I think it could get very addictive, for you to try new numbers to make them join the list.
Also if you called a number that was already on the list and he didn't answer BITCOIN in the first place when called the number would be removed and your number would be placed there instead along with another new entrie with your phone number.
So, what do you think?
I think it could get very addictive and because it was using a premium-rate phone number this would be financing the game by itself and you could even get a margin of it as the game owner.
There would be a premium-rate phone number that you could call to from any phone number;
You would then have three options:
1) Call number to add to our ponzi game
2) See balance associated with your phone number
3) Withdraw money associated with your phone number to your designated bitcoin address
The last two are self explanatory but the first would work like this:
You would input on your phone keyboard any phone number you wanted to associate with the game and it would be called by an automated machine. If on the other line someone said "Bitcoin!" straight away the automated machine would recognize that - using an automated speech recognition engine - and if that phone number was not yet in the list of participants two entries would be added to it: one would be your own phone number and the other would be the other phone number you did request.
With every new block and its hash, an entrie would be selected from the list using
LATEST_HASH_NUMBER mod TOTAL_NUMBER_OF_ENTRIES, where mod is the rest of the integer division.
So, the more phone lines you did call that answered 'BITCOIN!' in the first place and that were not yet on the list of entries the more chances you would get of winning on the contest - that would select a winner with every new block - because one of the entries added was your own phone number.
I think it could get very addictive, for you to try new numbers to make them join the list.
Also if you called a number that was already on the list and he didn't answer BITCOIN in the first place when called the number would be removed and your number would be placed there instead along with another new entrie with your phone number.
So, what do you think?
I think it could get very addictive and because it was using a premium-rate phone number this would be financing the game by itself and you could even get a margin of it as the game owner.
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