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Topic: The Bitcoin Ladder of Wealth [Completely Redisigned] - page 2. (Read 2267 times)

sr. member
Activity: 308
Merit: 250
Jack of oh so many trades.
This is so dumb.

Taking profits from the next one to pay the last, pyramid scheme 101.

Code:
Price House Return
0.01 0.005 0.015
0.02 0.01 0.03
0.04 0.02 0.06
0.08 0.04 0.12
0.16 0.08 0.24
0.32 0.16 0.48
0.64 0.32 0.96
1.28 0.64 1.92
2.56 1.28 3.84
5.12 2.56 7.68
10.24 5.12 15.36
20.48 No Sale

Suddenly you need to return 20.48, but you've already used the money to pay back the last investment of 15.36. You've got a "house" cut of 5.12, but you're still short 15.36. The only way you're going to profit is scamming and not paying people back.
I will explain this tomorrow around 3pm EST time for the both of you as it will take a lot of typing and I am extremely pissed off from another thread. And do not want to get snippy with you and start some big commotion over someone else's stupidity. And I have no interest in that. So if it matters to you check back here around that time and I will ahve edited this post hopefully with everything,
Yep, someone hasn't done the maths Tongue

I'm very curious to see how this plays out...
sr. member
Activity: 252
Merit: 250
This is so dumb.

Taking profits from the next one to pay the last, pyramid scheme 101.

Code:
Price House Return
0.01 0.005 0.015
0.02 0.01 0.03
0.04 0.02 0.06
0.08 0.04 0.12
0.16 0.08 0.24
0.32 0.16 0.48
0.64 0.32 0.96
1.28 0.64 1.92
2.56 1.28 3.84
5.12 2.56 7.68
10.24 5.12 15.36
20.48 No Sale

Suddenly you need to return 20.48, but you've already used the money to pay back the last investment of 15.36. You've got a "house" cut of 5.12, but you're still short 15.36. The only way you're going to profit is scamming and not paying people back.
I will explain this tomorrow around 3pm EST time for the both of you as it will take a lot of typing and I am extremely pissed off from another thread. And do not want to get snippy with you and start some big commotion over someone else's stupidity. And I have no interest in that. So if it matters to you check back here around that time and I will ahve edited this post hopefully with everything,
Yep, someone hasn't done the maths Tongue

Okay, So I am using hole numbers just to make it easy to show. It would in theory work with any number tho as long as the multiplier is the same.

Code:
Game 1
Price House Return
1 0.5 1.5
2 1 3
4 2 6
8 4 12
16 8 24
32 16 48
64 0 0
128 0 0
---------------------
255 31.5 84.5

Hidden Game
Price Return
~~1 2
  2 2
~~4 8
  8 8
~~16 24
  32 48
xx64xxxxxxxGame is live again
Now allow me to explain what this means. As I do like to make this point clear. I was actualy planning on making a nice long addition to the main thread but, this is just as fine. Actually nice to see bitcoins are worth enough now people are worried about what they do with them. But that's off topic anyhow.
The last person to bet is guaranteed 128 Bitcoin at the least. So the easiest thing to do is refund the  top 2 people's money. Which means you have 255-84.5 in paid back money is 170.5
170-64=106.5
Then in order to make back the money the game plays against "ghost.player1" which bets as seen in hidden game not taking any benefit just regaining the money it invested. Which allows the "Last player" from the original game to make his money back. Then once it shows in the wallet that there is enough funds to pay the "last player" back it reopens the game to the public.

Of course your asking, BUT YOU MAKE 0 MONEY, barely break even?!?!?!?! Huh Huh Huh Huh Huh Well, as it may be visible by the post under the OP I am not interested in profit at all at this time. Just getting the game's name out there and showing that it does what I say it does. Once we get a steady stream of users the multiplier will be reduced to 125%-135% and obviously the house will retain more money allowing for me to make a small amount of money off of it.
The game was originally made to be added to a much bigger project but I thought, the best way to get reputation is to let the world see your prototype. So this is what I have, feel free to try the bitcoin ladder of wealth, Again I personally guarantee all funds in the game.

Thanks
BTC4A
vip
Activity: 1316
Merit: 1043
👻
Yep, someone hasn't done the maths Tongue
member
Activity: 112
Merit: 100
This is so dumb.

Taking profits from the next one to pay the last, pyramid scheme 101.

Code:
Price House Return
0.01 0.005 0.015
0.02 0.01 0.03
0.04 0.02 0.06
0.08 0.04 0.12
0.16 0.08 0.24
0.32 0.16 0.48
0.64 0.32 0.96
1.28 0.64 1.92
2.56 1.28 3.84
5.12 2.56 7.68
10.24 5.12 15.36
20.48 No Sale

Suddenly you need to return 20.48, but you've already used the money to pay back the last investment of 15.36. You've got a "house" cut of 5.12, but you're still short 15.36. The only way you're going to profit is scamming and not paying people back.
sr. member
Activity: 252
Merit: 250
So if I bought it at 0.16, what would it sell for?
0.16x2=0.32
You the receive 0.16x1.5=0.24
member
Activity: 112
Merit: 100
So if I bought it at 0.16, what would it sell for?
sr. member
Activity: 252
Merit: 250
Seems like it may be legit. Link? Or at least what's the starting price?
Sorry removed the link as I rebooted the server to allow for m last changes to be recognized.

It is now again in OP or www.Bticoinladder.com

It starts at .01 but is now at .16

Way too rich for my blood when it could be a scam.

I am willing to PERSONALLY guarantee you a return on your money from my own personal funds if nothing else. If your interested I will go inside and PGP sign this. I understand being skeptical but someone has to try it other than my beta testers Cheesy
member
Activity: 112
Merit: 10
Seems like it may be legit. Link? Or at least what's the starting price?
Sorry removed the link as I rebooted the server to allow for m last changes to be recognized.

It is now again in OP or www.Bticoinladder.com

It starts at .01 but is now at .16

Way too rich for my blood when it could be a scam.
sr. member
Activity: 252
Merit: 250
Seems like it may be legit. Link? Or at least what's the starting price?
Sorry removed the link as I rebooted the server to allow for m last changes to be recognized.

It is now again in OP or www.Bticoinladder.com

It starts at .01 but is now at .16
member
Activity: 112
Merit: 10

The Bitcoin Ladder of Wealth

It's fast and simple! Click the button to buy the next rung on the Bitcoin ladder of wealth. Once you buy it, you can upload an image of your choosing to promote your self or a company. Then, wait and make 150% of your money back. But there's no risk of losing your money; your Bitcoins will simply be refunded if nobody buys the next rung.

Fast Paced
The game relies on one confirmation to open up again. Keeping your name on top is a lot of work!

Riskless
There is no risk in playing! If nobody plays in the 24 hours after you do, you will be refunded.

Timely Payouts
Payouts are typically initiated after six confirmations.

Advertising
Advertise your company service and make revenue while you reach a world wide audience.


Seems like it may be legit. Link? Or at least what's the starting price?
sr. member
Activity: 252
Merit: 250
Anything promising zero risk and 150% return is a scam - Full stop.

It isnt because the house collects 50% from every game which means in the end they have enough to pay back the funds.
member
Activity: 112
Merit: 100
Anything promising zero risk and 150% return is a scam - Full stop.
sr. member
Activity: 252
Merit: 250
member
Activity: 112
Merit: 100
Awesome scam.
sr. member
Activity: 252
Merit: 250
Next Five Players will receive 175% of their investment back!
sr. member
Activity: 252
Merit: 250
The Bitcoin Ladder of Wealth

It's fast and simple! Click the button to buy the next rung on the Bitcoin ladder of wealth. Once you buy it, you can upload an image of your choosing to promote your self or a company. Then, wait and hope to be the last player and win the jackpot. But if your not and someone buys the next rung you will receive 95% of what you put into the game.
The House keeps 1% of all money sent to The Bitcoin Ladder of Wealth addresses and the Jackpot consists of the other 4% from all previous players.

Fast Paced
The game relies on one confirmation to open up again. Keeping your name on top is a lot of work!

Last?!?
Try and be last. It's a weired concept but if nobody plays in the 24 hours after you do, you will be awarded the jackpot.

Timely Payouts
Payouts are typically initiated after six confirmations.

Advertising
Advertise your company service and have a chance at makeing revenue while you reach a world wide audience.


CHECK IT OUT: www.Bitcoinladder.com

Note: Site is fully operational Now, The buy in is .01 to start off with. I did not set it quite as low as I planned due to tx fees (.001 tx with a .0005 tx fee is half off the price)
Some additions will be coming as we adapt to the change in plans.  Like a Live Jackpot Ticker

Note 2: Thank you to user keatonatron for the idea.
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