Bitcoin Forum

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Maximum is only 0.01BTC  :o

For now. It's a case if rebuilding trust. Deposit as many 0.01's as you like though.

Okay, I guess people wont take risk and try to be last deposit for only 1$ profit :(

We will build up to larger deposits. I guess the key is that players can be 2nd to last and lose everything, or deposit again and be last to get a return.

So max gets bigger inside this round? Then this will be huge because = it starts at friday night and there is escrow.

I'll increase the min\max limits per round. Perhaps 20% per round.

The idea behind starting with smaller limits is to rebuild a level of trust. Players are more than welcome to deposit multiple times. :)

But it cost more tx fees and it is slooow :(
I get only 16% profit now, because transaction fees take about 4%

Does the site look better now? :)

Yes! Thank you :)

Loving the new site layout; much cleaner and professional!

Can you set 0.20 almost as maximum ?
Because there will be people that send a lot of 0.10.

Will the escrow wallet be kept in cold storage? Stated differently: what are the chances the escrow account can be compromised?

The difference between min and max has been set as x10 so we dont see massive backlogs in repayments, it should keep them fairly quick. The limits will increase as the rounds restart, but will always be a x10 difference.

That's a question for my escrow agent; https://bitcointalk.org/index.php?action=profile;u=76380

I don't understand very well. Limits will increase during this round (at the start o in progress) or during the second round ?

Nothing will change during rounds - changes will happen at the start of every new round :)

So for this round the limits are these ?

Yeah

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Well I won't tell any lie, It's not a Fully offline wallet but I am providing escrow services from different desktop which I have bought for just for escrow purpose (I only use that system to check and release coins) I can take guarantee of security, If my system got compromised and anything happened to these bitcoins due to malware or hacker, I will return Bitcoins from my pocket.
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v2.0.22 (MingW32)

iQEcBAEBAgAGBQJTII0LAAoJELOnDWq4K6fhIhQH/0JRYCmV5EeZmWOTfPoXaxmM
kIH76m3mpv4bwpW1a6E8w2w2EWBabaE+qZQmoad1ZWcSmIDHIcYWhVhXUqkmCgvs
VxOCa/Qq2ErnnsRRRMK3I30VOa3QMmCHeNzVdxluMCo5gKMHFnjJGUl5I8t37Gfi
4p01Ru0f7E/k2XB+D48Yr3bSneaecoEkx3fhyBVRboq05PEGCSHDV0VqX9IT2HJr
HQGo/lVSiT4/hnehvPVbcmP7AieCmNlpjD4xr6nj6GPydH3452lLno9yTSWgC2ZU
VcN+G9vRRfRC3Vi+1iA4kSC7x4TS6IA2S7fqn8LKG+BUs1A3/697kaiKV+qVkzA=
=jGmF
-----END PGP SIGNATURE-----

Someone Please quote me.

Thanks for your honesty.

Why self moderation? :-\

Because crazy rabbi etc. I guess.

 :D

Self-moderation is to try keep the thread clean. I have no problem with criticism\complaints etc, but it is the mindless spam which I will remove.

I thought starts it is today  :(

Friday @ 20:00. What better way to start your weekend? :p

Maybe I'm just dumb but how big is the chance you will lose all the btc u have send? Don't get this game at all.

How much are fees?

That depends on when in the round you send and how many players send after you. As a rule of thumb you are better sending as soon as a round starts.


Fees are available to see on the site; http://ponzicoin.co - currently 5%

5% on what? every deposit?

Yes. This pays for;
1) Hosting
2) Repayment of the last deposit of every round @ 120%
3) Advertising (the current ad on this site cost 1.6B)

Initially, I wont receive any of the fees though. These will be sent to the escrow agent so, in the event of anything untoward happening, he has in his possession enough coins to repay the players of the affected rounds.

Dont forget the new round tomorrow night guys, the code has been released on MiniCoin a few days earlier to iron out any bugs so it should be smooth sailing for tomorrow night's relaunch!

Are you still working on the Round #7 refunds? Is the Round #6 refunds going to take more time? Haven't seen any updates on it.... I have my life savings of 0.1 BTC lost in there :P

Send me your TX ID and I'll take a look for you.

Thanks.... I believe this is the one:

c7332b1ffd5319315a46a3b2e1f77580b0d2d3013a5b764ca5b52453954a03de

Vort, if you've started looking up round #6 deposits, can you please have a look at my 0.05 BTC from round #6 here? :
https://blockchain.info/tx-index/3076190f89a25fe3e874330a03cedc358bb4a6cd496a4f05fdc92d686e14a43b

Appreciate all your work, man!

Funds in the old address are running low so I will refund in date order as much as I can. I'll let you know as soon as they're done.

24 hours to go!

http://ponzicoin.co

• Fully Automated
• Escrow Protected
• 120% Returns
• Last deposit in every round always wins

Are you ready to pump?

Gonna play! Ty vortu

Oh I missed this new thread, it should be better advertise on the original thread
There should be a link from the website to the bitcointalk thread, that would be helpful for the new players brought from the adds on bitcointalk

Adds could be purchased tomorrow on http://www.bitvisitor.com/getvisits.php and https://bitcointalk.org/annoyance.php/advertising once the round has started that should spice things up

11 hours to go!

http://ponzicoin.co

• Fully Automated
• Escrow Protected
• 120% Returns
• Last deposit in every round always wins

Are you ready to pump?

Vortu, you should put a link to thus thread in the old one if still possible!

Ill be playing tonight. Curious for new system

Is escrow address loaded already? If not yet, when?

Escrow wallet will be receiving all my fees until it builds up to a suitable amount :)

I did, I also asked mods to lock the old thread to stop people getting confused. I dont think that has happened though.

You can lock it by yourself!  Click lock topic.

Just over 5 hours to go!

http://ponzicoin.co

• Fully Automated
• Escrow Protected
• 120% Returns
• Last deposit in every round always wins

Are you ready to pump?

I'll be there. Best OP by far, and even more secure than before once the escrow wallet builds up!

Less than 5 minutes to go!

http://ponzicoin.co

• Fully Automated
• Escrow Protected
• 120% Returns
• Last deposit in every round always wins

Are you ready to pump?

We are here, don't worry, ready to pump pump pump

0.1 max, that should be fun

no address

1Pg6oHPBHRiRpBd7RrUGwTUEHvhF58KjYj

PUMP PUMP PUMP

gogogo! lets keep this train rolling.

reinvest after first payout and others will follow!

Go !

It is the main ponzi, it is still advertised (for less than a day though) and the limit is probably going to increase to 0.2 so I am not worried

www.ponzicoin.co

It is written as paid on the website before the payment has been sent

I expect it will be paid very soon, just delay. I have first deposit, will update when payment received


EDIT - PAYMENT RECEIVED.


Resinvest guys to keep it going :)

My deposit confirmed but not at the list.
https://blockchain.info/tx-index/4f908c703c4dae4a7fcd5d04cc1a9967b9c11a6427b8c2514b18316a4ad887d9

That depends where you are checking... Everything which is marked as paid has been, BlockChain is just crazy slow to update.

almost 1 btc is already paid?

Just received coins for both of my payments even though its not shown on the page  ;)

Yeah, I see now! Reinvest!

PUMP PUMP PUMP!

Ponzi Announcement -

If the round reaches more than 10BTC I will double the last two deposits ;)

Time to start pumping!!!!

1229kfyM7sAnwG3huCHebNyMJW5ZjwoT6z written as paid but i didnt received same for 2other payments

me neither : 1AHRSgmKy6QHL3e5DVgeB6JwvZrvPKp7P3

17o6s7T332WjD7NSY7PxnRTRagbNP6gQhx and 149caGFxoCWS5em8LwxvRB173yT51tY2Rg are the other 2 deposits marked as paid but I didn't received the payment!

Vor, help please :)

Great promo 10B of deposits => last 2 take home 200%

Script went a little crazy - purely visual. Fixed now.

Both show as confirmed (e.g. awaiting payout) on my screen...

I have decided not to reinvest right now for few reasons. I'm sure Vort will iron out these issues soon so things are made work more smoothly.

#1 - I had the first deposit but didn't get paid in the first wave of payments.
#2 - There is transactions marked as paid but they really aren't.
#3 - There is btc sent to a certain wallet multiple times which did not deposit. This is likely Vort's fee but it is more than 5% (slightly over 10% of total deposits)

Like I said, I'm sure things will be improved very soon and I have full belief Vort's intentions + actions are completely honest :)

I'm looking into all your comments, however to briefly recap...

Deposits are repaid in date order based on those which are confirmed. If your deposit was the first to be sent, but others confirm before yours, they will be repaid first. (first come, first serve - once confirmed)

There was a slight bug in the script which caused a few transactions to be marked as paid when they weren’t - that has now been fixed. Because I use a local bitcoind client, the majority of transactions take a few minutes to update against BlockChain.info nodes etc, so that is why you cant see them instantly.

I'll update on your points when I have more answers :)

I've fixed the crappy timings which were being sent from BlockChain.info - the script now uses the raw epoch time sent as part of the raw deposit transactions. It has made the order of deposits a little messy at the minute, but it will soon iron itself out again.

I'm in! Sent my first deposit, for some reasons I thought it was later tonight, miscalculated the time zone :) Also, I would like to take this opportunity to thank Vortuarackne for this ponzi, and for fixing the fuckups of last time.  :)

1J6s9t5zrsQBoivsisZbgs7Lmc5pKWEKFX on my screen is Paid, but transaction not found.

Is .0001 a recommended fee for getting your transaction confirmed faster?

BlockChain is shit. It has been paid.

May I suggest allowing for 0 confirmation transactions, similar to luckyb.it. When I played there, I sent at 13:56 and got my payout at 14:04, without including a transaction fee.
Waiting for confirmations slows down the game.

The fee depends on the size of the transaction. .0001 is the standard amount, your client should choose the correct amount automatically. If you sent without a fee it can take a long time to confirm.

This guy sent with a .0002 fee and still hasn't been confirmed for a while now
https://blockchain.info/tx/e9ec1d64a8944aa16fee4fa67bc86ebd1656dfe4a318e9f5b3735d12a76e6e0e

Quite a lot of inputs.

Dont forget guys.... Start pumping!!!

in

?

Mini ponzi Error: paid link is like this : https://blockchain.info/en/tx/value%20is%20type%20str,%20expected%20real

They were showed as paid before. How do we know the order in the queue? There are transactions Paid in the middle of transactions confirmed

My transactions are 17o6s7T332WjD7NSY7PxnRTRagbNP6gQhx and 149caGFxoCWS5em8LwxvRB173yT51tY2Rg

You should pay the deposits in the order they were sent but only once the transaction has been confirmed, that would avoid any problems

The order is a little screwy at the minute because BlockChain.info is messed up (originally I took the time from their API). I have changed the script now so it takes the time as of the epoch time in the raw transaction data. Never trust BlockChain.info's API lol.

Transactions are paid out in time order generally ;)

I dont see that working, it is open to grief players. Someone could send 20 transactions as soon as a round starts without a TX fee. If we don’t want for 1 confirmation, those transactions would be paid out leaving other players high and dry.

I guess. I just sent .02 to luckyb.it just now and got back .0219 literally one minute later.

That's great for genuine players like yourself, and many others on here - but all it would take is one grief player to slowdown the whole round. A transaction without tx fees can take days to confirm.

It is not paid in time order; it is paid in order of confirmations; I have no idea my order in the queue it is annoying 17o6s7T332WjD7NSY7PxnRTRagbNP6gQhx and 149caGFxoCWS5em8LwxvRB173yT51tY2Rg

It is paid in date order. The current list is a little crazy because of the weird blockchain.info times (which I have fixed now), but in general the script repays based on the oldest confirmed deposits.

When the scrypt pays it looks at the oldest deposit and if it is confirmed and there is enough money, it pays?
How often the scrypt checks if it can pay?

We can't know if the deposits made earliest than us have been confirmed before; some deposits made 23minutes after me have been paid, they are almost the earliest deposits it doesn't make much sense; I think it would be better to pay in order of deposit, if the oldest deposit has not been confirmed the money stay in the wallet until it is and the earliest deposits can still be paid if they have been confirmed and there is enough money
You can limit the play to 3times per address to avoid having 12 deposits from the same address that arrive first

Yes


Every minute


So what happens if the very first deposit of the round was 0.01 and was sent with no transaction fee, yet there were 5BTC worth of confirmed deposits queued up behind it? Those players would go crazy. I dont think it would work.


I think that would slow the rounds down more so. Whilst I need to look into a way to stop bots etc pumping as soon as the round starts - the idea of offering up to 200% for the last couple of deposits of every round is to try encourage players to continue depositing as they are repaid.

Question: would you agree that it's smart to send an exact amount of coins that you have received from somewhere else previously? That way, there will only be one input to send from instead it trying to take pieces of different transactions, right?

In general, or specifically in relation to the ponzi?

More inputs require larger transaction fees, without the larger fees those transactions take longer to confirm. Which isn’t good for ponzis. Likewise, the script uses the address of the first input it finds, and whilst generally this isnt a problem, it could mean that the repayment is sent to an address we weren’t expecting it to go to - although it should be an address in your wallet seeing as it was taken from one of your inputs.

Ok thank you for the precisions, if someone sends first he receives first, I don't see the problem; that is how ponzis work but sending first then not being confirmed first and not knowing why is making everyone go crazy

What is annoying me is not knowing if I am next in queue to be paid or maybe way after!?
My addresses are 17o6s7T332WjD7NSY7PxnRTRagbNP6gQhx and 149caGFxoCWS5em8LwxvRB173yT51tY2Rg; I need to find when the transactions before and after me have been confirmed it is not easy

Having the last 2 deposits paid is a great idea that will obv drive deposits

Next in line to be paid is 16y3bDvuzYrNFbGGEztfXL35ih45pPnnbJ;


It starts from the bottom and works its way up the list :)

It's beer o'clock here so I'm about to log off for the night ;) - dont forget though guys...

Why does the escrow wallet only have 0.1 so far?
(Dammit, just missed you lol)

The escrow wallet get the fees, 0.1 seems about right for 4.1B of deposits

I can't accept not being paid when I sent so early and people sending late have been paid, I keep losing to this f game!  ;D Someone said 'there must be loser'

Can it sort the payout by 1 confirmation?

That is what I am wondering, apparently it does but

2014-03-14 21:22:04   16y3bDvuzYrNFbGGEztfXL35ih45pPnnbJ   0.1   Paid
2014-03-14 21:21:59   1HsqUaxdw6hZCheedzqgnghvi3nqp3kMXR   0.1   Paid
2014-03-14 21:21:56   1AuZiWhHrN7jVgkiGo2g8XQP241p4unKLM   0.1   Paid
2014-03-14 21:21:48   16NGA3pKAS7kATibyv1FQQvvyEKkQjPyjX   0.05   Paid

deposited 20min after me and I my deposits are below that is bulls$$$
I am losing 0.3 in this round when I was one of the first deposit, annoying!!!!!

I feel like there will be a rush of last minute deposits so people can try to get the 120% for being last. So basically, either be first to deposit or last, or don't bother at all.

I hope there will be a rush of deposits so we can have more fun and restart the round, let's not get too excited though ;D

Hi Vort,

Do you have any idea to what happened to http://mini.ponzicoin.co/? its was at round 4 today 20 mins before, and every thing was going normal and people were depositing, then suddenly the round was reset and the only transaction between round 5 to round 16 was between 1KLqcJVyrzugbgCEp6MHdq6oeFt1cqEis5 and the miniponzicoin.co wallet of 17qHnra3NCsjW8mz8Q7fhh1zJjfHKaR9VK .

The investors of round 4 was never paid. What went wrong?

It's probably best to keep minicoin discussion on its own thread. I'm sure Vort will rectify the situation tomorrow. It could have been a bug with the site or a hacker, but either way all the coins seem to have been returned from 1KLqcJVyrzugbgCEp6MHdq6oeFt1cqEis5

Last deposits will be rewarded, but will it be Last confirmed or last even if unconfirmed ?

From what I have read it will be the last confirmed deposits? Seems to make sense to me. I think anyone who has any unconfirmed deposits that late in a round were just hoping for the final spots. The final spots should be for those who are continuously playing IMO.

I think that's the beauty of what Vort has implemented. A rush of last minute deposits would mean older deposits will be paid out thus bumping the timer some more - so we get more "last minute deposits". Logically, it should keep the rounds going for much longer!

omg... min 0.02  i'm send 0.01 ;/

I've stopped the automatic restart until I work out why it is increasing the round count by more than 1 every time. I'll keep it manual for the tiem being :)

Which 'current balance' is correct? Site stats or blockchain stats!?

Site, because 5% fee is showing at blockchain only ;)

VORT!

There is a problem! No payouts are occurring even though all deposits are confirmed and there is enough in the wallet!!???? ???

There is under 0.12 in wallet I guess (blockchain minus 5%).

No the site says more than that!....

Well, maybe site is wrong!...
Just calculate it yourself 0.1 + 0.02 - 5%

No but He said last time that there is more than what is in the blockchain as the change goes to his other addresses.

Oh, well it is all paid now :)

Nope, TX NOT FOUND! ???

And the ponzi has reset already?!?!?!??!?

How many times does Vort have to say it? BlockChain is shit, they will show the TX eventually, but it has been paid!

I've personally paid out all outstanding deposits to make up for the round cockup - enjoy!

Pump pump pump!

Dont forget!

If the round reaches 20BTC (100 x max deposit limit) I will double the final 2x deposits of the round!!!

When does this round end?

And does the last deposit still get 120%?

I dont understand how you pay.

Why this guy have been paid :

https://blockchain.info/address/1BD3n3czvJ3KnaPL2hjqJwUjwGgUbQdngW (2014-03-15 09:18:48)

When my address have not been pad yet :

https://blockchain.info/fr/address/1FSmMa8GakeWy6icptanpXAQg5AMhMsJ3a (2014-03-14 21:22:35)

Also, on the website, we cant check status from yesterday (2014-03-14)

Because you played in round #1, round #2 started this morning!

You realize that's %100 fucking illegal right?  >:(

I realise your 100% a fucking dick!

Until I am proved otherwise, I see a game that is labelled as a ponzi, as a gamble. Go bleat elsewhere.

@jayc86:

just ignore him, as I did!  :)

I guess he meant last 2 deposit get 200% return.

Wow, thanks!
Is still last deposit getting 120% at round finish? If so, then it may be nice reason to deposit again:)

Yes. And if the round reaches 20BTC I'll double the last two deposits!

how the hell the round reset, on the website its written :


Where are the notices ?

A great big notification pops up on the site when the countdown begins.

What all the deposits have been paid even though there is no new deposit?
I don't get it? ???

It's a fucking Pyramid Scheme and He shouldn't even be allowed to run this as it's %100 Illegal  >:(

Crazy Rabbi! Your old account got banned or what happened?

Why those address didn't deposit, but they still get the pay?  ???

13wyQuCFM1MBJFwqvGF92hbUQeSqxh4x6B
14Jk88HoXxN9uGcH4CavK3HHprTGFYjynA
13WnCjaWNXAaxrWm6xPKgzHhZXsy2P5RU7
154KXGpzNPVxTwF96ECMtimM9qb9spfMk9

And some address will get paid for sure even though they deposit latel (like 0.1 deposit one)  ???

It didn't get banned I just felt like switching accounts

I think we are feeding to pay some address that you selectively want to fund, and confuse us it actually get paid, but actually those selective addresses are belong to the same owner  :'(

see my post #72. 13wyQuCFM1MBJFwqvGF92hbUQeSqxh4x6B is the address I was referring to in point 3

Vort is meant to be taking fees so its normal to see btc going to addresses which didn't deposit, but it seems to be higher than 5% (although this might be explainable) Let's not jump to conclusions :)

whatever and forget it.
It is just confusing and not clear how it's payout  :-[

1-I have two questions about the start of a new round :

-is it in purpose that the green band "ponzi reset, enjoy" doesn't appear right after the end of the countdown?

-what happens if I deposit right before the end of the countdown but my deposit is not confirmed before the end of the countdown? Who get this money?

Thanks in advance

2-I wasn't paid back for 149caGFxoCWS5em8LwxvRB173yT51tY2Rg 1229kfyM7sAnwG3huCHebNyMJW5ZjwoT6z  and 17o6s7T332WjD7NSY7PxnRTRagbNP6gQhx on last round!? Can you help me understand why

I sent 0.01 by mistake, 50b1661f993e014582a6f15ff194e6d075a9fc8026d4b5f5dda4b73afb78fa83, any refund possible  :)

Vor, check my last post as well please, I don't understand why I have 3 unpaid deposits on last round when I deposited early, was confirmed fast and you said you refunded anyway : 149caGFxoCWS5em8LwxvRB173yT51tY2Rg 1229kfyM7sAnwG3huCHebNyMJW5ZjwoT6z  and 17o6s7T332WjD7NSY7PxnRTRagbNP6gQhx

Whatever happened to the people of the old Round #6 who were promised they would get their refund because it was abruptly cut off to start the big round that got screwed? I have asked numerous times (with the TX ID and all) and even sent you a pm regarding it, but no reply. Please understand that ignoring it and not replying essentially says "hey, I scammed you... deal with it."

^^ This

Yes, I get that.... but you gotta call a spade a spade. You don't say "Hey, your money will of course be returned" in public so other will get an impression of the character's integrity and then when asked about the money, I get a sockpuppet with horde mentality saying "forget about it already, mate". Make it public man.... if you don't pay up and cheat, others need to know. If you do pay, others need to know that too. Why ignore non payments and boast about payments? Of course I know its a ponzi, and am completely ok with losing what I put in. But the point here is losing it fair and square by being too late to deposit before the round ends. That clearly was not the case.

True. But round #6 was force-closed when there were still possibilities of new deposits; and round #7 was started. This is not how that should have gone through.

Can't wait for Vor to come back online: 149caGFxoCWS5em8LwxvRB173yT51tY2Rg 1229kfyM7sAnwG3huCHebNyMJW5ZjwoT6z  and 17o6s7T332WjD7NSY7PxnRTRagbNP6gQhx have not been paid last round!!!

Also I sent I sent 0.01 by mistake : 50b1661f993e014582a6f15ff194e6d075a9fc8026d4b5f5dda4b73afb78fa83 I would understand not getting a refund for this one as it is my mistake and a small amount of money, I wonder if it will go in next round as free money or if Vor keeps it

0.118 in escrow : https://blockchain.info/address/1FweHGdxQrFVXNss7163axzpUWwf2XSaUo for those not keeping track; it would be a good idea to have the amount in escrow on ponzicoin.co and a link to this thread so new players know what is going on

Vor could keep some money aside to start a special round that will pay 130% with last 4 deposits paid so we get a huge special round where everyone get a lot of money

Morning guys, any I'm looking into any requested refunds and if there is a valid reason I will consider them as and when funds allow - dont forget I havent made anything from PonziCoin yet, everything is going into escrow!

I'm going to try a couple of things to get PonziCoin moving again, more details to follow...

Is this new round ?

Same round at the minute, I'm looking at making some changes so I will let everyone know whats happening soon.

Ok, so is it safe to say I'll get my refund in about 3 days time? I can understand being vague in the heat of the moment.... but come on... enough time has passed for some sort of clarity. "I will consider them when funds allow" is an indefinite blanket statement usually by people who have no intentions of addressing the issue.

If this is a scam, the people here need to know. If you are going to close any round at will and take all the money that was pouring in and getting confirmed.... but of course promising them refunds while opening another round and going "pump pump pump!" and then having it mysteriously "attacked"... you know sound a little off to me. I understand some people here with stockholm syndrome will disagree. But being "generous" and refunding some of the people while pocketing the rest hardly constitutes as honest... even more so if its a tactic to regain trust. The escrow service does nothing for the people you've stolen from right? Its just so that current players get a proportion of their money in case you get run over by a bus.

I'm sorry, but I'm not sure what I have done to suggest I have been dishonest. Not only could I have ran off with over 11BTC last week, I have since implemented an escrow service of which the operator is under strict instructions to refund any player who has lost out as a result of my actions (e.g. running away with the coins, not paying out etc).

As of the relaunch I have not taken a single satoshi out of PonziCoin, rather I have put my own funds in yesterday! All "fees" from recent rounds have been sent to the escrows wallet - 1FweHGdxQrFVXNss7163axzpUWwf2XSaUo

Once the escrow wallet reaches a suitable amount, the fees will then be redirected to my personal wallet, at which time I will be in a position to make any further refunds as I deem fit. (e.g. from old round #6 etc).

I'm not sure I can be any fairer? If you are in any doubt over my intentions I suggest you don’t play in any future rounds. I would have hoped by now I had done enough to prove I am not a fly-by-night operator.

You didn't mention the fact you close the round ONLY when the number of deposits reaches the amount including the interest.

Then the last depositer is not credited anything.

I've told you at least 10 times that this is not fucking legal in any Country in the world.  >:(

Rounds were closed automatically. I'll happily provide the code to any respected member of the forum to validate this. I have since stopped the automatic restarts due to bugs in the code, however no manual restarts have taken place yet.

The last depositor is always paid out.

How?

Where do the Bitcoins come from for the interest? :D

Regardless of if you think this is Honest and Fair , It's  not....

You are paying the interest with other people's money and this is completely and utterly illegal  >:(

http://ponzicoin.co/

Do you think I'm bad at math?  >:(

Really?

120% is the return. 5% is the fee I charge. I'm not sure which part is so difficult?

%120 - %5 = %115

Deposits = %100
Fee = %5
?????? = %15

I'm not sure what you're getting at. You're just describing a ponzi model in a ponzi thread. Well done.

I'm proving your Ponzi is Dishonest , Unfair and Untruthful.

And for the 100th fucking time....

IT'S %100 FUCKING ILLEGAL!

THIS FORUM DOES NOT SUPPORT ILLEGAL ACTIVITY SO GTFO!  >:(

Taken from the legal dictionary;

Fraud;

Now, please tell me how this thread is 1) a "false representation", 2) is "false or misleading", 3) undertakes any "concealment" or 4) "deceives" or is "intended to deceive".

-is it in purpose that the green band "ponzi reset, enjoy" doesn't appear right after the end of the countdown?

-what happens if I deposit right before the end of the countdown but my deposit is not confirmed before the end of the countdown? Who get this money?

Are you legally retarded?

Seriously man... Did you get dropped on your head as a baby?

I wasn't stating if it was a fraud.

I was stating that it's a Ponzi that like all Ponzis will eventually collapse and everyone in the end that invested will lose everything.

This in itself proves it's defrauding the latest investors.

I have also stated so many times that this is not fucking legal.

You can't take money from people to pay other people.

This in itself is a fraud.

You are taking one person's money to pay another.

Do you even understand the definition of fraudulent?

That's what you are doing you are acting in a fraudulent manner.

That is exactly what the site is advertised as, therefore it is not a fraud - "that deceives and is intended to deceive".

This is all I am going to say on the matter, I feel it has been covered fully and digresses from this threads purpose. Any future posts on the matter will be removed.

Hey,

The green\red banners was all part of the automated reset code, neither should show any more until the is enabled again.

Deposits are added to the active round at the time of being sent. If you send at 09:59 and a new round starts at 10:00, it will be associated to the earlier round. Needless to say that deposit will not be paid out and the coins associated to that deposit would be used to repay players of the new round.

You closed the round #6 abruptly while transactions were pouring in without mentioning anything what was going to happen to those who've already sent the money and those that are being confirmed. After a bit of back and forth and pressings, you finally said that a refund was being issued for all the players of round #6. After that all questions regarding the refund status were either ignored or vaguely to the tune of "it will be taken care of", etc. Then there is the public display of "give me your tx id, i will look into it now" kinda reply with nothing really happening in your end. That looked more or less like a PR stunt to reinforce trust to passing by readers. So please put yourself in my shoes and would you not honestly question the integrity of such a person?

What happened to the money from Round #6? Were they used to pay off people from round #7? How the hell is that justified? What's the logic behind that?


So what? If security was compromised at your site, then that is your fault. If you have invested in advertizing and if a fuck up happens midway, ya it makes economical sense to put in some of your money to continue the business unscathed and not lose the hard earned following that you spent so much time garnering. I would value it to be a little more than 11 BTC in the longer run. "I could have run away" is not really a sensible option, and thinking about it, does not really suggest honesty in any way. Its a business decision, not a moral one. Hence I don't see any reason to associate that action with good intentions.


To a certain degree, this is reassuring, and this clarity was not provided in any of your earlier replies. It would be great if there is an ETA of time frame on when its gonna happen though. What is this "suitable amount" I need to wait for before knowing that you are processing the old refunds? 10 BTC? You have also not mentioned if the escrow contains the refunds for old Round #6 or is it just for the new round # 1 onwards?


I have every right to doubt your intentions.... till your actions prove otherwise. Its only fair, after all, to grossly simplify, you have my money (and others i presume) and have not returned it yet. The shitstorm you got into after taking my money is the least of my concern... and is certainly no excuse for me to write it off. So yes, I have a right to call you a scammer till I get my money back, and more importantly, also an obligation to take back my accusations once I get the money back. Anything else would be dishonest from my side. I hope you understand.

The closure of round #6 was very clearly advertised both on here (https://bitcointalk.org/index.php?topic=474730.msg5606800#msg5606800) and on the site (a big blue message referring users back to my post on here). That is over 5 hours warning! If you, or other players did not take notice of this, I cannot be held responsible. A couple of new deposits were made approx 1 hour before the arranged restart time despite these warnings.


There is no ETA as 5% of 0 is still 0. It depends entirely on the success of future rounds. The escrow is to be used from round #1 of the relaunch.


Yet you haven’t justified anything. You deposited in round #6, round #6 closed (with plenty of warning) and round #7 started. Its the way the game works. I am under no obligation to make any refunds to round #6 players yet I have, and to repeat myself, any outstanding deposits from round #6 will be returned when funds are available.

https://bitcointalk.org/index.php?topic=474730.msg5607476#msg5607476

To be fair, you might have announced in in the thread 5 hours earlier, and that would be seen by the closely knit community who is following your every new move and post on this thread. It appeared for all the rest of the players to see on the website maybe 2 hours prior to the closing. I really dont understand why you think announcing on a forum thread along with other chit chatter is more notice worthy than on the website home page. Anyway that doesn't really bother me because my deposit was in even before the announcement and its only fair you not refund the ones who deposited after the announcement on the website and not after the announcement on the forum. Please be clear that the announcement happened at different times and the one that showed up on the website was much later. If there is anyone else on this forum that is able to confirm that, it would help.

Hoping the escrow fills up and overflows into your wallet soon enough to refund the deserving Round #6 players.

Ok that makes sense but if it is the last deposit it will get paid

We have been waiting for a new round for a long time, people keep depositing!

that Crazyrabbi person is really a sad simple human?being.
Vort, just ignore him from now on =]

Death to ponzi's :) Guess they finally got around to those reports I was sending them about your
SCAM

SCAM

SCAM


SCAM


SCAM

SCAM

SCAM

Well, you are spammer. Happy now? Only why I lose money was you! I'm still 1BTC on profit but I lost my last 0.1 bet because of you, I hate you >:(

Don't flatter yourself. You are a doucebag.

My payment didn't go like it should 1NZ3JiWLfvwi7J8AFaYZqYQHGSU7wRB9UW
Could you check please

Please let me know how many peoples have lost their coins due to site going down.
Currently there are 2 issues.

1. Vortuarackne Changed maximum deposit from 0.01 to 0.1 or more without notifying me.  You can see it on page 1
2. Escrow reserve was going to be generated by fees of deposits, Total amount of bitcoins in escrow wallet is 0.129596

I am talking to him, will let you know.

Hi,

I lost coins of 0.01 in miniponzi.co. The web wallet i used to transfer was 1C2zX7sFQtxkXYKgXLUBmHvDPnC3UgC667
The transaction id is 63da30f27ddf41c6bb2f174dba0b784483fc3c1279687b54d3a3e81e3670a303

I have PM'ed you with the details on what I lost and is covered by the ponzicoin escrow fund

Thank you, I am awaiting your decisions; you have a lot of work for probably a very small fee

Actually I didn't charges any fees and yes a headache for me since IRL life is not good right now.