WeeklyPonzi.com 'v3' | 100% Automated | Secure | 130% Return | 700+ BTC Invested - page 154.

Nordark

newbie

Activity: 9

Merit: 0

Quote from: melwinder on January 10, 2015, 04:42:25 PM

Did this website already collapse?
https://blockchain.info/tx/f436cc274b5882503653b05f164ffef67e87bf12658ecf024390a39fdb470bbf

I sent that in more than 10 hours ago and it still says on the website "Transaction Confirmed" along with like, 100+ other peoples "transactions" on the website

Im pretty sure the automated payout system stopped/broke while he is asleep.

melwinder

sr. member

Activity: 252

Merit: 250

Did this website already collapse?
https://blockchain.info/tx/f436cc274b5882503653b05f164ffef67e87bf12658ecf024390a39fdb470bbf

I sent that in more than 10 hours ago and it still says on the website "Transaction Confirmed" along with like, 100+ other peoples "transactions" on the website

Wanyika

newbie

Activity: 10

Merit: 0

Illegal and legal, ponzi or no ponzi, pyramid scheme or no pyramid scheme . . . .
How can you say you are robbed if you give your money to a thief!!!

We all know what this is!! We deposit money and are hoping other will deposit enough so we will be payed back.

He is transparent and the site is very clear with the way it works.

The only thing i don't like is that my third deposit did not showed op in the list, but some "investor" his "investment" was payed!!
PM was send, and now i'm waiting for the respons.

For the rest, i really like this site and the way it is working, and he is getting nice fees. Kiss

lolikop

hero member

Activity: 644

Merit: 500

can we keep this ontopic if u want to discuss legal or illegal create a new topic pls

onewiseguy

hero member

Activity: 728

Merit: 500

Quote from: ?? on ??

Quote from: onewiseguy on January 10, 2015, 04:20:29 PM

Quote from: ?? on ??

Quote from: fearlesscat10 on January 10, 2015, 03:37:28 PM

Quote from: conizer14 on January 10, 2015, 03:35:28 PM

IF anyone wants to run their own version of this "game" message me and I can deliver the site for you.

Thanks

Why not just run it for yourself?

Not that I mean to offend or doubt that you can deliver. It's just out of curiosity.

Because it's illegal in many countries, I also would like to run one such website, seeing the money that can be made, but I prefer to sleep in my bed at night, not in jail...

http://en.wikipedia.org/wiki/Pyramid_scheme

A bona fide currency functions as a medium of exchange, a store of value, and a unit of account, but bitcoin largely fails to satisfy these criteria. Bitcoin has achieved only scant consumer transaction volume, with an average well below one daily transaction for the few merchants who accept it. Its volatility is greatly higher than the volatilities of widely used currencies, imposing large short-term risk upon users. Bitcoin's daily exchange rates exhibit virtually zero correlation with widely used currencies and with gold, making bitcoin useless for risk management and exceedingly difficult for its owners to hedge. Bitcoin prices of consumer goods require many decimal places with leading zeros, which is disconcerting to retail market participants. Bitcoin faces daily hacking and theft risks, lacks access to a banking system with deposit insurance, and it is not used to denominate consumer credit or loan contracts. Bitcoin appears to behave more like a speculative investment than a currency.

at the moment its investing sea shells. the site is not dealing with fiat at all so technically its not illegal.

But the owner will convert his btc in fiat eventually, there is your $$...

How do you know?

the thing is it states in the domain its a ponzi.
so if any one ends up crying would not really understand why.

onewiseguy

hero member

Activity: 728

Merit: 500

Quote from: ?? on ??

Quote from: fearlesscat10 on January 10, 2015, 03:37:28 PM

Quote from: conizer14 on January 10, 2015, 03:35:28 PM

IF anyone wants to run their own version of this "game" message me and I can deliver the site for you.

Thanks

Why not just run it for yourself?

Not that I mean to offend or doubt that you can deliver. It's just out of curiosity.

Because it's illegal in many countries, I also would like to run one such website, seeing the money that can be made, but I prefer to sleep in my bed at night, not in jail...

http://en.wikipedia.org/wiki/Pyramid_scheme

A bona fide currency functions as a medium of exchange, a store of value, and a unit of account, but bitcoin largely fails to satisfy these criteria. Bitcoin has achieved only scant consumer transaction volume, with an average well below one daily transaction for the few merchants who accept it. Its volatility is greatly higher than the volatilities of widely used currencies, imposing large short-term risk upon users. Bitcoin's daily exchange rates exhibit virtually zero correlation with widely used currencies and with gold, making bitcoin useless for risk management and exceedingly difficult for its owners to hedge. Bitcoin prices of consumer goods require many decimal places with leading zeros, which is disconcerting to retail market participants. Bitcoin faces daily hacking and theft risks, lacks access to a banking system with deposit insurance, and it is not used to denominate consumer credit or loan contracts. Bitcoin appears to behave more like a speculative investment than a currency.

at the moment its investing sea shells. the site is not dealing with fiat at all so technically its not illegal.

lolikop

hero member

Activity: 644

Merit: 500

OP should add 8 more hours because of all this site problems it didnt work properly so many deposits and withdraws are delayed

xwtfbobx

full member

Activity: 168

Merit: 100

Quote from: blg42598 on January 10, 2015, 04:11:23 PM

Quote from: xwtfbobx on January 10, 2015, 04:11:06 PM

but is it really a pyramid, if it's not "real" money?

BOOM

more-so is it really a scheme when all participants know up front EXACTLY what is going on?

fearlesscat10

hero member

Activity: 686

Merit: 500

Quote from: tom14cat14 on January 10, 2015, 04:02:02 PM

Quote from: acckill on January 10, 2015, 03:59:28 PM

i agree raise the min and lower the max to like .5 btc that would make things move fast more deposits the faster it will move

All it would do is have people that want to spend more make a bunch more transactions.

Raising the minimum would weed out the ones who didn't contribute a lot against the walls, ie. someone investing 0.001 btc after a 1 btc deposit. So in a way, it could make only the significant amounts of money come in.

Lowering the maximum is arguable. But imo I think it should be raised to 1.5 btc at most, so that it'd slightly lessen the transactions from the big spenders while also it wouldn't create that much bigger of a wall to get over.

Just my 2 cents.

blg42598

hero member

Activity: 867

Merit: 1000

Quote from: xwtfbobx on January 10, 2015, 04:11:06 PM

but is it really a pyramid, if it's not "real" money?

BOOM

xwtfbobx

full member

Activity: 168

Merit: 100

but is it really a pyramid, if it's not "real" money?

optiman

newbie

Activity: 56

Merit: 0

i would not reinvest with 1 day left unless it was a small amount.. the amoubt of people who will be paronide to send after day five and u will be left in line.. good luck

acckill

sr. member

Activity: 343

Merit: 250

Quote from: tom14cat14 on January 10, 2015, 04:02:02 PM

Quote from: acckill on January 10, 2015, 03:59:28 PM

i agree raise the min and lower the max to like .5 btc that would make things move fast more deposits the faster it will move

All it would do is have people that want to spend more make a bunch more transactions.

more deposits would make it move more transactions would mean you would get paid faster and get rid of all the 1 btc walls

xwtfbobx

full member

Activity: 168

Merit: 100

5 days to go, i am not too worried as of yet, i will keep reinvesting up until about 1 day left.

tom14cat14

hero member

Activity: 826

Merit: 500

Quote from: ?? on ??

Can anybody explain to me?

Who exactly loses money on this? Who get's screwed?

The people that will lose money are the ones that have not been paid when the timer hits 0. It will all depend on how many people keep playing this game.

fearlesscat10

hero member

Activity: 686

Merit: 500

Quote from: xwtfbobx on January 10, 2015, 03:59:56 PM

Quote from: fearlesscat10 on January 10, 2015, 03:57:18 PM

Congrats man!

It's going to be a while until my payout. I really think the minimum deposit should be raised for it to be easier to break past those consecutive 1 btc walls. Undecided

that would be so, but then it would also take and make it harder for little spenders like myself to enjoy the thrill of "teh ponzi"

Most likely next week's minimum would be raised to 0.01 at most. You could use the remainder of the week to get that 0.01.

Good luck to us both. Cheesy

tom14cat14

hero member

Activity: 826

Merit: 500

Quote from: acckill on January 10, 2015, 03:59:28 PM

i agree raise the min and lower the max to like .5 btc that would make things move fast more deposits the faster it will move

All it would do is have people that want to spend more make a bunch more transactions.

xwtfbobx

full member

Activity: 168

Merit: 100

Quote from: fearlesscat10 on January 10, 2015, 03:57:18 PM

Congrats man!

It's going to be a while until my payout. I really think the minimum deposit should be raised for it to be easier to break past those consecutive 1 btc walls. Undecided

that would be so, but then it would also take and make it harder for little spenders like myself to enjoy the thrill of "teh ponzi"

i support dropping the max to .5 though, then all those 1 btc deposits would be 2x as many .5 deposits, increasing speed of payouts, while also decreasing risk to the "investor" when we near the end of the round

acckill

sr. member

Activity: 343

Merit: 250

i agree raise the min and lower the max to like .5 btc that would make things move fast more deposits the faster it will move

fearlesscat10

hero member

Activity: 686

Merit: 500

Quote from: Mitchell on January 10, 2015, 03:49:14 PM

Just so you all know, the used script is open-source and can be found on Github and it has been posted on Bitcointalk as well. It's possible that the OP made changes to it though.

Thank you. Cheesy

And it's a little off-topic, but congrats on your recent promotion.

Quote from: uncaer9 on January 10, 2015, 03:52:19 PM

I got my payement! had to wait a bit for the queue.
Agree this is a casino-ponzi! At least we know what we risk if we are the last ones!

Congrats man!

It's going to be a while until my payout. I really think the minimum deposit should be raised for it to be easier to break past those consecutive 1 btc walls. Undecided

Topic: WeeklyPonzi.com 'v3' | 100% Automated | Secure | 130% Return | 700+ BTC Invested - page 154. (Read 115086 times)