Should ChainProfit.com be moved to Gambling section ?

MarbleBoss

full member

Activity: 169

Merit: 110

Quote from: jambola2 on July 26, 2015, 09:44:47 AM

Polls are not reliable, and not the way to sway admins.
Anyone can vote in polls. I could make 40 new accounts right now and vote anything on the poll.

On to the main point, maybe this is not a ponzi. Maybe this is a legitimate game that will outlive both JD and PD.
But, it is still an investor based game.
Can you disagree with that? Can you claim that whether a player wins or loses is independant of other users joining?
By being placed in the Investor-based games subforum, you aren't being called a scam.
Unfortunately though, your game is rather similar to ponzis. It isn't going to get out of the Investor-based games subforum and it wouldn't make sense if it did.
Stay legit, and people might still use it anyways.

According to your logic, any dice game, that accepts investment in the bankroll, should also be moved to Investor-based games subforum.

Nowi

full member

Activity: 140

Merit: 100

There is no reason for do not move it there. It is just ponzi, nothing different, so that question is pointless I think.

MarbleBoss

full member

Activity: 169

Merit: 110

Quote from: siwakotisaurav on July 26, 2015, 06:18:06 AM

You should just report the thread and see how the mods react to it. Although IMO it is a ponzi, dont know why there are so many newbies, Jr. members and even a few member+ are supporting this site. *facepalm* welcome to the idiotic world of bcttalk where even the old members get fooled by any stupid site that comes along.

Do not expect any better response from DaScamDice mod. Cheesy

jambola2

legendary

Activity: 1120

Merit: 1038

Polls are not reliable, and not the way to sway admins.
Anyone can vote in polls. I could make 40 new accounts right now and vote anything on the poll.

On to the main point, maybe this is not a ponzi. Maybe this is a legitimate game that will outlive both JD and PD.
But, it is still an investor based game.
Can you disagree with that? Can you claim that whether a player wins or loses is independant of other users joining?
By being placed in the Investor-based games subforum, you aren't being called a scam.
Unfortunately though, your game is rather similar to ponzis. It isn't going to get out of the Investor-based games subforum and it wouldn't make sense if it did.
Stay legit, and people might still use it anyways.

siwakotisaurav

sr. member

Activity: 577

Merit: 283

You should just report the thread and see how the mods react to it. Although IMO it is a ponzi, dont know why there are so many newbies, Jr. members and even a few member+ are supporting this site. *facepalm* welcome to the idiotic world of bcttalk where even the old members get fooled by any stupid site that comes along.

MarbleBoss

full member

Activity: 169

Merit: 110

Even after so many people voicing their opinion, there is no word from the forum admins/mod. Undecided

btcspry

member

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Merit: 17

Quote from: Somekindabitcoin on June 22, 2015, 04:07:56 PM

Chain profit is literally weekly ponzi! This is basically exactly what Weekly ponzi did! Trying to be transparent, deducting only 5% of what was put in, and increased the amount by 20% itself! I am not trying to put up post count, I am proving that it really is a transparent ponzi.

The website was literally created 3 weeks ago and has WHOIS guard.

It is a rebranch off a website called Crazyponzi.com

If you type that in, it will redirect you to chainprofit.com

Operator makes money no matter what! There's no way he's ever going to lose money! It's a 100% gain venture!

Tell me it's not a ponzi again.

It does not claim to increase the amount by 20% itself. It explains clearly where the money comes from, and how the transfer of funds works.

Who cares when it was created or where it came from. It's what it is now that matters.

I know that if I moved my website, I'd create a redirect so that any backlinks out there on the internet would redirect properly as well. Don't you think that's the BEST WAY TO KEEP MAKING MONEY (which, not only ponzi do - casinos also like to make money).

Operator makes money no matter what? Most casinos make money no matter what. That's what's referred to as a solid business plan, not a ponzi.

I hope you see the light and eventually change your stance on this topic!

RocketSingh

legendary

Activity: 1662

Merit: 1050

Quote from: Somekindabitcoin on June 22, 2015, 04:07:56 PM

Chain profit is literally weekly ponzi! This is basically exactly what Weekly ponzi did! Trying to be transparent, deducting only 5% of what was put in, and increased the amount by 20% itself! I am not trying to put up post count, I am proving that it really is a transparent ponzi.

The website was literally created 3 weeks ago and has WHOIS guard.

It is a rebranch off a website called Crazyponzi.com

If you type that in, it will redirect you to chainprofit.com

Operator makes money no matter what! There's no way he's ever going to lose money! It's a 100% gain venture!

Tell me it's not a ponzi again.

You will be awarded a Noble prize for discovering something that is already stated in OP's signature. The game is running as Crazyponzi.com for around two months now. Recently, OP announced a public contest in Service section to rebrand this site, where the name ChainProfit.com was chosen (I sugested the name and won 0.1 BTC which was escrowed to Dooglus).

Moreover, you drastically failed to understand the underlying scam of WeeklyPonzi and the transparent gambling game of ChainProfit. WeeklyPonzi accumulated sum and vanished, whereas sum does not even get accumulated at ChainProfit. Bankroll goes up & down here.

And ya... tell me a Gambling site that does not use a WHOIS guard.

Tell me it's not a Gambling site again. Roll Eyes

--Encrypted--

copper member

Activity: 924

Merit: 1007

hee-ho.

Quote from: PenguinFire on June 23, 2015, 11:05:29 PM

I voted we move it. It is more of a ponzi game based on my understanding then gambling. The risks are not as well defined as they are on most respectable gambling services out there that have topics on this forum.

I don't understand. you think it's a ponzi yet you want to move it out from the investor based games section, where ponzi sites belongs? Huh

IMO it should stay. and I bet stay it will.

PenguinFire

full member

Activity: 154

Merit: 100

That Darn Cat

I voted we move it. It is more of a ponzi game based on my understanding then gambling. The risks are not as well defined as they are on most respectable gambling services out there that have topics on this forum.

Mt. Gox

full member

Activity: 350

Merit: 118

Quote from: CrazyJoker on June 21, 2015, 10:15:04 AM

Site Link: www.ChainProfit.com

Announcement thread: https://bitcointalksearch.org/topic/chainprofitcom-27-btc-paid-140-return-running-over-four-months-now-926237

IMO any kind of game where the earnings are derived from new players' deposits should be in the investor based games section regardless of whether or not there is a degree of strategy involved. The site doesn't try to hide this either since I can see multiple references to "investors" and "investments" on the main page and FAQ:

http://www.chainprofit.com/faq.php

Somekindabitcoin

hero member

Activity: 518

Merit: 500

Chain profit is literally weekly ponzi! This is basically exactly what Weekly ponzi did! Trying to be transparent, deducting only 5% of what was put in, and increased the amount by 20% itself! I am not trying to put up post count, I am proving that it really is a transparent ponzi.

The website was literally created 3 weeks ago and has WHOIS guard.

It is a rebranch off a website called Crazyponzi.com

If you type that in, it will redirect you to chainprofit.com

Operator makes money no matter what! There's no way he's ever going to lose money! It's a 100% gain venture!

Tell me it's not a ponzi again.

RussianRaibow

hero member

Activity: 616

Merit: 500

I AM A SCAMMER

Quote from: Buttknuckle on June 21, 2015, 03:28:34 PM

Quote from: Hexcoin on June 21, 2015, 10:25:18 AM

Quote from: CrazyJoker on June 21, 2015, 10:15:04 AM

Site Link: www.ChainProfit.com

Announcement thread: https://bitcointalksearch.org/topic/chainprofitcom-27-btc-paid-140-return-running-over-four-months-now-926237

It is a ponzi site which should belong to investor based games section. Why you want it to be moved to gambling section?

I play on here a little bit, and it is absolutely NOT a ponzi, it is a gambling game based on the idea of a ponzi. A true ponzi is not transparent, you have no idea what funds are coming from where. This site you can see ALL of the deposits, and all of the information is presented clearly (except that the return is not really 40% or whatever).

But yeah, this should be in the gambling section IMO. I say this as someone who has played the game.

Well, the return thing is clearly stated in the FAQ (www.chainprofit.com/faq.php)...

Quote

2. How to play this game ?

A: If you have bitcoin, then it is very easy. Simply sign up and deposit the amount of bitcoin you want to play with. Now, mention the amount you want to invest in a round in the dashboard and click play. When there will be enough bitcoin deposited by other investors after you to return 140% of your investment, it will automatically be returned to you after deducting 10% commission.

CrazyJoker

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Merit: 102

Quote from: Quickseller on June 21, 2015, 08:35:45 PM

Your "game" relies upon the continued investment of additional investors/players for earlier players to "win"/earn a return on their bet.

The first sentence of the investor based games section says that the main factor relies upon additional players joining the game which matches the description of your game.

Although I do agree that you are not running a ponzi, I do think that your thread belongs in the ponzi section unfortunately. Hopefully the ponzi craze will quickly die down and your thread will remain proment.

Well... its unfortunate that you think so. Ponzi craze is in the world since 1920 and I dont think its going to die any time soon, especially when our monetory system has adopted it. The tragedy is my game it built for gamblers, but it is being showcased to Ponzi payers.

Quote from: Quickseller on June 21, 2015, 08:35:45 PM

You might want to consider investing in some amount of advertising, possibly either signature advertising or forum advertising.

Yah... I'm preparing for ad. In fact, I have done some ad already. But, it requires more coins to be won by players. Because their winning % is my profit and ad budget comes from there. This is why the following step has been taken...

Quote from: CrazyJoker on June 21, 2015, 09:51:09 AM

This is to inform everyone that after 120 hours from now, i.e. on June 26, 2015 3:00pm GMT, minimum amount of bet will be raised to 0.01 BTC.

Quickseller

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Merit: 2374

Your "game" relies upon the continued investment of additional investors/players for earlier players to "win"/earn a return on their bet.

The first sentence of the investor based games section says that the main factor relies upon additional players joining the game which matches the description of your game.

Although I do agree that you are not running a ponzi, I do think that your thread belongs in the ponzi section unfortunately. Hopefully the ponzi craze will quickly die down and your thread will remain proment.

You might want to consider investing in some amount of advertising, possibly either signature advertising or forum advertising.

SpanishSoldier

sr. member

Activity: 728

Merit: 256

Quote from: ?? on ??

OP, just scanned through the suggested threads.
Looks like ChainProfit is an investor-based game, correctly placed in the Investor-based games section. Investor-based games section is not a misnomer. It's so named because investment-based games belong there.

Welcome to BitcoinTalk Cheesy

RocketSingh

legendary

Activity: 1662

Merit: 1050

Quote from: Somekindabitcoin on June 21, 2015, 04:00:15 PM

Just because he added more information than other ponzis do, does not mean that he still is running a ponzi. Therefore, still investor based games.

^^Idiotic statement just to increase post count.

Where did u find that I am saying it is not a ponzi game because he added more info ? This game is fundamentally different from all other Ponzi games. The bankroll does not only go up here. It goes down as well. It is self sustaining and brings in a whole new gambling concept. Please read the thread I referred above (rather than reading only VOD's last post... especially Dooglus' statement) before making next comment.

Somekindabitcoin

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Merit: 500

Just because he added more information than other ponzis do, does not mean that he still is running a ponzi. Therefore, still investor based games.

RocketSingh

legendary

Activity: 1662

Merit: 1050

Quote from: Somekindabitcoin on June 21, 2015, 03:50:05 PM

Quote from: Buttknuckle on June 21, 2015, 03:28:34 PM

Quote from: Hexcoin on June 21, 2015, 10:25:18 AM

Quote from: CrazyJoker on June 21, 2015, 10:15:04 AM

Site Link: www.ChainProfit.com

Announcement thread: https://bitcointalksearch.org/topic/chainprofitcom-27-btc-paid-140-return-running-over-four-months-now-926237

It is a ponzi site which should belong to investor based games section. Why you want it to be moved to gambling section?

I play on here a little bit, and it is absolutely NOT a ponzi, it is a gambling game based on the idea of a ponzi. A true ponzi is not transparent, you have no idea what funds are coming from where. This site you can see ALL of the deposits, and all of the information is presented clearly (except that the return is not really 40% or whatever).

But yeah, this should be in the gambling section IMO. I say this as someone who has played the game.

*facepalm* "not a ponzi" "based on the idea of a ponzi"

It's probably a ponzi bro.

It should go to investor based games. It ain't a casino, it's a straight up ponzi!

A murder game is built based on the idea of murdering. But, that does not make a player murderer.

I'm sure you either did not check game logic or did not understand it and making statement just based on someone else's statement. There was a long coversation of OP with VOD, Dooglus and a few others regarding the game. Check it here: https://bitcointalksearch.org/topic/clear-abuse-of-defaulttrust-by-vod-resolved-1060467. This would probably help you to understand why it is not a ponzi and should go under gambling.

Somekindabitcoin

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Activity: 518

Merit: 500

Quote from: Buttknuckle on June 21, 2015, 03:28:34 PM

Quote from: Hexcoin on June 21, 2015, 10:25:18 AM

Quote from: CrazyJoker on June 21, 2015, 10:15:04 AM

Site Link: www.ChainProfit.com

Announcement thread: https://bitcointalksearch.org/topic/chainprofitcom-27-btc-paid-140-return-running-over-four-months-now-926237

It is a ponzi site which should belong to investor based games section. Why you want it to be moved to gambling section?

I play on here a little bit, and it is absolutely NOT a ponzi, it is a gambling game based on the idea of a ponzi. A true ponzi is not transparent, you have no idea what funds are coming from where. This site you can see ALL of the deposits, and all of the information is presented clearly (except that the return is not really 40% or whatever).

But yeah, this should be in the gambling section IMO. I say this as someone who has played the game.

*facepalm* "not a ponzi" "based on the idea of a ponzi"

It's probably a ponzi bro.

It should go to investor based games. It ain't a casino, it's a straight up ponzi!

Topic: Should ChainProfit.com be moved to Gambling section ? (Read 1739 times)