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Bitcat.ch - Randomizer (http://rand.bitcat.ch/?ref=2)

Hurry to be one of the first!!!

Nice. Only two referrals to get back your investment, or four random payments.

I'm in.   ;D

Hey, I've got a good deal for anybody on the fence about joining:

I'll send you 0.1 bitcoins if you use my referral link: http://rand.bitcat.ch/?ref=5

Just shoot me a PM on the forums with the username you used to sign up and the address you want your 0.1 BTC sent to! As soon as your account is activated, I'll send over the bitcoins. ;)

And I'll send 0.2 bitcoins to anyone using mine: http://rand.bitcat.ch/?ref=18 (http://rand.bitcat.ch/?ref=18)  ;)

Already made my money back... Boo ya! Just waiting for the bugs to be worked out so I can withdraw eventually.

Great thing. Hopefully not a scam...  ;D

When will payout be available?

Most likely not a scam, considering it's run by bitcat.ch

Certainly not a scam  ;D
I processed about 1000 BTC at BitCatch and always made refund if anything went wrong, reputation is much more valuable than money.

I've played xyu's games before.  He's honest.

+1

By the way, what does the automatic rotation setting do?

I think it let's you take yourself out of the random pool maybe? I see people playing multiple rounds, and when I look at my account from another screen i see my account is "False" for the random thing... How does that get set to true?

How do we play multiple rounds?

Is there any benefit to playing more rounds?

The "Random - False" thing has nothing to do with your account. That just means you are the referral of someone, or someone has received income through you, and you were not randomly assigned to them.

I have no idea what the rounds are all about, though.

I'll add it in rules today. In short, each user plays their own rounds, each round costs 0.5 BTC and ROI for round 20%, so in the end of the 1st round you should get 0.6 BTC. To play next round you should pay the fee which is goes to your sponsors and to random user, to make this automatic there is option autorotation which is enabled by default. This system allows you to earn more from your referrals - each round played by referral will make you 0.25 BTC.

I joined in. Anyone want to follow my link in my sig? ;)

-Garrett

I must admit that I do not fully understand this explanation... the only thing I've noticed is that I've got less BTC assigned than would be expected based on my referrals.
Anyway I'd prefer not to participate in additional "rounds" with additional risk.

I thought this randomizer would work exactly like the old one, but apparently it does not...  ???


Again my question: When will withdrawing be available?

I've turned off the auto-rotation for now. It doesn't seem to be profitable to me. If I have understood correctly, it works like this:

1. Everyone plays their own rounds, like xyu said.
2. To participate in a round, you pay 0.5 BTC
3. If you choose to participate, you will get money from your referrals when they pay to participate in their next round.
4. If you don't choose to participate, you will not receive money from referrals paying to participate in a new round, but you will have saved your 0.5 BTC

The only way for this to be profitable is to have at least two referrals, every round, with a balance of at least 0.5 BTC and auto-rotation enabled. This basically only moves profits up the pyramid, so to speak, removing wealth from those at the bottom and moving it to the very top. I might reenable this if/when I get a lot of referrals, but at this stage I simply don't see it being profitable.

I also don't see how it would have a ROI of 120%, (what you describe is 120% ROI, 20% would mean you invest 0.5 BTC and get 0.1 BTC back) it seems entirely based on how many referrals you have and if they manage to reach a balance of at least 0.5 BTC. It could be a 0% ROI or it could be a 500% ROI, I don't see why it would be a set 120% ROI, but maybe it's related to when a round ends, because I haven't figured that part out yet.

Some clarification would be nice.

...deactivated auto-rotation as well until clarification...

+1

Ok. I think, I should change rules. When I was creating this randomizer my initial intention was to make sponsor's downline more deep, but in the same time give to a user a chance not to pay for his sponsors (this may be good if user don't have referrals).
What about this scheme:
1. When user sign ups he pays 25% for 1st lvl sponsor, 15% for 2nd and 10%  for 3rd (same way as old bitcoin radomizer) other 50% split in two parts each 25% and then it goes to random users.
2. Second round starts only if you balance have more than 0.6 BTC from your random and referral's income. ROI for new round is 150% meaning that you keep 50% from your income, other part goes to your referrals and random users in the same proportion.

I dunno, I think it's good the way it is, with the exception of the rounds. I think they should be removed altogether, as they are only confusing. You should just get paid by your referrals when they sign up, there is no need to constantly take everyone's money and move it up the pyramid. With the whole rounds thing, all the money in the system will eventually be owned by user #1, everyone else will lose out in the end. I honestly don't see the point.

Nope, it wouldn't.  If user takes 50% of the round then his 1st lvl sponsor will only get 12% of initial round cost, 2nd lvl - 3,7%, 3nd lvl - 2.5%

The wealth moves upwards. For every round, wealth is moved three steps up. It doesn't matter if the sponsors only get 12%, 3.7% and 2.5%, the money they get only goes towards paying the next round fee, leading to the money moving up to that members sponsor, who in turn uses the money to pay his round fee, which moves up to his sponsor... until it reaches a dead end: the guy at the top. All money will, in time, move to user #1.

When does a round end in the current system? When 120% ROI has been achieved?

Suppose, we have 10 levels, the first level - the guy at the top, 10th level - guys at the bottom, we wouldn't take random payments for consideration for now. So, if guys at bottom have placed 10 btc then guys on the 9th level would get 10btc, guys on 8th - 5, guys on 7th - 2.5 and so on, each level keeps 50% btcs, so all wealth couldn't be moved to the one guy at the top.

But, yeah, after seeing how it goes at live, I'm starting thinking that I should have chosen the same way old randomizer worked

Which may trigger a new round in the next level up, which may trigger a new round in the next level up, which may trigger a new round in the next level up... Until after a few rounds everything most ends up at the first level!

Or am I missing something here?

I have now turned autorotation off. I have already lost .5 btc to this "feature".  >:(

As I can see from your profile you've only played one round, and both of your incomes were made from 2nd and 3rd round of their users, so I don't understand how can you have lost 0.5 btc, because you have actually gained from this feature. 

But, anyway, seems like this scheme is not what everyone expect, so I think i should remove rounds completely.

Just keep the game simple, so everybody knows directly how it works without simulating a distribution model.

More simple = more transparent = more people play.

I got into this yesterday, feel free to use my ref url: http://rand.bitcat.ch/?ref=270  ;D

I've got a little over .7 btc back already.

xyu, is there any way you can extend the transfer statistics to show more past transfers?

Anyone else having trouble loggin on to their randomizer account?