Bitcoin Forum

http://coinbomb.com/#

Has anyone tried this? Principle is pretty simple. You have to buy bomb from previous owner. After that price rises by fixed multiplier. When somebody buys the bomb from you, you make profit. When the bomb has been bought timer starts counting towards zero, owner has 24 hours time to find new buyers or the bomb will explode and he will lose his coins. More expensive bombs allows you to make more profit, if someone buys it. There is also possibility to win instant jackpot.

You can also buy bombs with litecoins.

I think there are other "games" like this one to be found also.

Yeah I don't like these. It's a ponzi scheme wrapped into a game. Good luck holding the bag!  ;)

I consider it to be more like a gamble than ponzi scheme. Since you know from beginning that you could lose your coins.  :)

I almost bought one bomb, but somehow I changed my mind and bought Bitcoin T-shirt instead. :)

Definately a ponzi scheme, price increases each time a person buys it and the site takes 10-12% profit on each buy except the last buy it looks like and the last person that bought it loses 100% when the price got high enouth that no one else want to buy it.

It's a gamble that you have pretty much no control of...  
I would say it's a ponzi scheme, and plus these things will always turn out badly.

+1

Not really.
When you play satoshi dice, you know that you are loosing money, but there is a chance than you make profit :)

It is the same here, maybe someone will buy it and give you some profit, or maybe you will lose your btc :)

It's more like a pyramid scheme in my opinion.

My last bomb went  boooooooooom while I was holding it, and I was sure someone would by it from me as it was much cheaper than previous bombs, no such luck booooooooom I won't be playing again.

No because returns are paid with new investor money. Pyramid schemes are more often schemes where you pay $x to become a member, then you make $x by bringing in y new members.

Generally it is a bad idea unless you don't care about losing the money you put in which is always a distinct possibility.  (Unless you are the one SELLING the initial bomb...that is the smart position).

"Coin Bomb Is The Bomb" should be your motto

it seems like gambling is what happens when people try to "buy and hold" their BTC and get impatient. Then they just want to throw it away lol

Ponzi If I ever saw one.
more losers thanwinners in the long run.

Coinbomb is the bomb!