Bitcoin Forum

close

seems legit  :D

Since payments are guaranteed, you should escrow 10BTC with a trusted escrow.  You know, since you are guaranteeing all payments.

Thanks for comment.

okay i sent 1 btc

No better time then today.  The sooner you show that you are serious about guaranteeing everyone their payments, the sooner people will invest.

It's a ponzi. It's puffery, so effectively it's a gambling game, but there is a difference between a dodgy and fair ponzi. It is clear that it is a ponzi that cannot guarantee payments without further deposits. You can see this by reading up on how the scheme works, and the program even writes "ponzi" in their name which is a dead giveaway. It's a bit like those department stores that say "Price Match Guarantee", but they never seem to price match and ask you to go to the other store.

Returning to the ponzi elements:

If the program reaches a stage where deposits are no longer occurring at a reasonable pace:

A fair ponzi would most likely redistribute any residual amount amongst the unpaid participants and then close the program.

A dodgy ponzi makes no such claims and runs off with your coins, seeking only to profit.

The question, which one is this? I mean there is nothing to lose for newbies setting up a ponzi because they aren't hurt by negative feedback "trust", so I'm more inclined to not invest in this program.

Nisaai.com if you want to get your money back....

Nisaai is a great ponzi that really pays! We just gotta push out the big investor and roll on! :)

Because it 100% works.  The guy is legit and I can vouch for him.  He's not going anywhere....

Who are you???

Actually, it only works as long as there are still people stupid enough to put money in. Once that dries up your not getting your money back at all, regardless of whether he's legit etc. And to OP if your going to run a ponzi at least up some more effort into it, no-one is going to trust a newbie to process payments "manually".

True; but while some Ponzis just disappear, others invest their OWN (being means of BTC or marketing) to better gain the trust of its investors.  It's not a very difficult concept to grasp and while I may not have many posts on this message board, I'm quite familiar with how they work and how to keep them going and profitable for ALMOST everyone.  No one lives forever in this world...

Yes that's what he's implying.  He's also calling you a blatant liar and insisting you chill out with your attempts to make Ponzis..