Can someone help me understand what this means:
-7 unconfirmed?
And all those pending ones when I view on blockchain it says no transaction found?
I was sending a whole heap of different transactions at the same time.
Wait for 1 confirmation, It should be okay for that.
Please be aware that return is not guaranteed.
Why are you depositing so much into a ponzi?Greed and stupidity
Do you feel like everyone that likes to do things you don’t like are stupid? If they want to gamble with that amount of coin more power to them. As long as they know the risk involved it is their money to do as they wish. Do you consider me stupid because I go to a casino? When I go with my friends to play craps or black jack I expect to lose. But it is for a fun night. Here people like the excitement of risking money to make money. To each their own. This operator has shown he is not here to run away. He had the chance too. Granted there are things we wish he would do since his code had a mistake. But for the Ponzi part he has been as honest as you can be with this kind of game.
Way to make a jump there. I think ANYONE who invests in a ponzi is a moron. I love to gamble for fun but "investing" or gambling in these ponzis is idiotic and promoting scammy behavior. If you want to be part of the short craze, go for it. But it won't stop me from making fun of you when he runs off with your money.
Well last week he did not. Earlier tonight he did not. He could have with 100 BTC probably a good time to do it. But he chose not to. Yes a lot of them are scams. This one so far has been showing not too be. Of course it could turn out to be just like anything on the internet that is not policed very well. Just because it is a Ponzi does not mean he is a scam. If they try to pass a ponzi off as something that will go on forever or if they run with the money then they are a scam. But if you lose a game that you knew the rules and they were followed then you were not scammed you just lost.
Even if it is legit (it's not - I guarantee you all the
BTC in my wallet he will run eventually), you are promoting ponzi as a legitimate gambling activity for all the newbies that don't know better. It's not healthy for Bitcoin, and it's not healthy for this gambling section. Either way good luck to you guys and hope you don't lose too much money in this endeavor.
You would have a point if you were against all gambling. There isn't a single gambling game in existence that hasn't been rigged and cheated people. Gambling is a scam by its very nature. If you were saying gambling isn't healthy for Bitcoin, you would have a point.
Why is gambling a scam by its very nature?? There are tons of games that have very provable and set odds. Also considered a house edge.
There are no odds in a ponzi. It is easy to abuse and manipulate. It's not healthy for Bitcoin because ponzis are considered investment fraud and when people hear about others getting scammed through these methods; they will automatically think Bitcoin is a scam as well.
People here are setting up games that are provable. That is why everyone knows right now that there is an issue that needs fixing. While it isn't as simple as a dice game, it is much better odds than something like betting on a number in roulette. As for you proofs, they really don't mean much to a dishonest programmer.
While programming a cooked game is a lot of work if it appears to be provable, setting up a paper wallet, sending coins there and screaming hack is very simple. How many game sites have been hacked? Are you so sure that none of those hacks weren't inside jobs?
There are also "safe" game like a lottery. There is a reason small lotteries used to be called the numbers racket before governments started running them. Besides that the odds are insanely bad on lotteries. Are you against them?
I'll say it again, there isn't any game that isn't easy to abuse and manipulate. There are many people that don't know that. At least these Ponzi games leave a easy to follow record of the abuse. That isn't true of a "hacked" gambling site.
The Ponzi game is less random than many games of chance, that is true. Maybe that is why there is some much hate towards them. They are risky, but not any more risky than any other crypto gambling site.
For the record, I'm not promoting Ponzi games or any gambling. I do like to see honestly though as it is a rare thing. We'll see how this one goes.
Yes, there is provably fair here in Bitcoin gambling land where you can check hashes to make sure casinos aren't changing numbers on you. Otherwise, I think it's up to the gambler to go with a site that has a proven reputation.
Why do bad odds imply a scam? It's not a
smart gamble but it certainly doesn't make the lottery cheaters. They aren't rigging certain people to win.
What stops the ponzi operator or his friends from depositing and then paying themselves out? Just because there is a blockchain doesn't make it easy to follow abuse.
It will be interesting to see how the operator handles this situation. I don't think he will make up the amount lost and the fact that hes pushing forward with the 24hourponzi with higher limits without resolving the weekly one is bad news. There is a large scam in the works. You can quote this post at a later date when it happens.
But I don't think it'll reach 700 btc like it did last week. Maybe just until 300.
