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I came across this game through reddit about 3 days ago and was amazed at how well it has been implemented. Very attractive and eye pleasing web design work. Payouts are automated. However it seems the creator doesn't have good marketing skills because it hasn't caught on. Each investor gets paid 110% as soon as enough coins are pooled to pay the first investors. The game is new so only invest small amounts because big amounts will discourage other players from playing. Hope this brings you guys fun and some quick returns. Make it rain milliBTCits!

www.TheBitcoinPonzi.com (http://www.TheBitcoinPonzi.com)

Hello,
I saw the site and I am not sure how exactly it is working. When you invest certain amount of BTC the money goes where? From where this 110% comes?
BR

Its one of those games where the money wheel must keep moving to keep everyone happy. It seems to be programmed not to horde coins, only to collect enough to payout the earlier investors, and as new investors stack up. the earlier investors get paid.

http://www.blockchain.info/address/1PonziWp56tyUGNcoDz5aV3M3xLrnU86ot (http://www.blockchain.info/address/1PonziWp56tyUGNcoDz5aV3M3xLrnU86ot)

Here's the bitcoin address of it. I was looking at it to see if it was paying out the investors and sure enough, 110%

The earlier investors get paid from the newer investors and as long as the cycle continues, everyone is happy. On the websites transaction page, it shows a running tab of how much each recent investor needs before he gets paid and which investors have been successfully paid back.
http://www.thebitcoinponzi.com/transactions (http://www.thebitcoinponzi.com/transactions)


This seems like a fun game when there's enough players, the creator should implement it with other alt currencies like litecoin or dogecoin.

Oh to clarify, 10% return. It's your original amount plus 10%.

One day new investors stops and everyone loses his money.

But the concept is as I am understanding it: You have your money by 110 % after depositing your BTC after the last person did it. So only one person can get scammed (between all the site users) If he is the only one who is investing. This is the way I am understanding this .
BR

Owner advertising his site pretending he's just someone who "found this nice site guys send money".

Pwahahaha.

Like in every ponzi the only question is when is it going to happen and if we have time to profit before the loss.

The game is still new and it's not the traditional ponzi, it doesn't horde coins, only collects enough to pay out the first investors. Besides, I doubt the creator is going to ponzi everyone for 0.3 btc.

if you accept dogecoin i will try it want to play with my doge

Is there any reason a payment has not been made in 7 days?  Just curious?

The reason is another no pay ponzi  ;D

Hey folks! Sorry for the late reply, I should have seen the questions in this thread a lot earlier.

The reason the game has been standing still for a while is because there were 3 random "big" investments one after the other 19 days ago (0.3 BTC, 0.1 BTC and 0.1BTC). After that, the transactions have been a lot smaller, which is why they have been taken some time to get paid out.

The 0.3 transaction has finally received his 0.33 BTC payout though, so it should be a little smoother from here once the two 0.1 BTCs are cleared as well!

We will soon implement a feature so that if someone send a high amount to early on in the game, we send back the money instead of having it delay future transactions.

Enjoy the game!

dude ponzi is not so famous anymore you should think another strategy to get some free money here we are all tired and sick about ponzi thang  :D
you cannot get a victim anymore here unless you make some alt and act like a retard talking to yourself about how amazing your ponzi is

Ponzi creators are just getting more unoriginal and much more lazier.