Bitcoin Forum

Hello everyone, I am starting a forum-based Ponzi game.

After reading so much about Ponzi games and learning different approaches, I have decided to make it 110% payout with very low minimum, so to keep it past-paced.

This is what I call TurboPonzi

How does it work?
1. You place a bet of the minimum value
2. The second person bets the same as you + 10%
3. You get instantly paid 110% of your bet
4. The second person gets paid from the third person's bet
5. This keeps going until 48 hours pass from the last bet. Whoever is the last one to bet loses.

Rules:

• Low minimum: The starting transaction is 0.0001 (that's three 0's and a 1), or about 2 cents.
• 10% profit: Players will be paid back 110% of their bet
• Expiration time: 48 hours after the last bet
• Obvious but just in case: Everyone wins but the last player. Don't be last. Get someone else to play.

Transactions are to be made to BTC address: 1G7GTKGhbiPNYsDYKr96RNJpshaTWoj23W
Transactions of the wrong amount will be rejected and returned.

I will update here with the current bet when a new one is placed.

Let the game begin. Good luck everyone!

At this point i cant believe people still waste their time with creating stupid posts like this

Your comment was very useful and constructive. Thanks!  ;)

Updated to 110% Payout!

Umm, with what proof or absolute knowledge can you say that? Have you even tested it? Do you really think a scammer would set this up to get 0.0001 BTC? Just curious about how you are so certain.

1. You don't have a website,just a btc address where to send btc...and you expect people to send a newbie just so btc?
2. You are running a ponzi scheme.PONZI = SCAM
3. People here even scammed for few cents...

A website does not make a game safer. Anyone can register a domain for free and set up a simple site.
Also, you say Ponzi = scam, because Ponzi schemes collapse at some point. That is exactly my point. Wouldn't it be more profitable in the long run to run an ACTUAL game and not a scam?

Profit of a scam = Bet of the first two people or so before they prove it is a scam. About 0.00021 and the scam is over.

Profit of a real game = Bet of the last person who plays. For an average of 15 people it would be 0.00038 * whatever rounds the game is run. Say 5 rounds = 0.0019

If you can prove (that is, with real data) that this is a scam, report to moderators and they will delete this thread.

No one is gonna give you anything, deal with it quit wasting your time

Why do you all calculate with the small amounts,you said 0.0001 is minimum,but you didn't set a max amount. ::)

Don't speak about profits from the fee,other ponzi schemes had a fee too and ran away with the money.As soon you get a big deposit you will ran away with the money.

A website makes it a little bit safer,we can actual see if the site is unique and not just a clone (money spent on domain,hosting and developing the website if it is unique)..and not all domains are free to register,expect .tk,.gq...and only a moron would deposit into a ponzi which is hosted on a free domain and hosting (it's like this case just that you are posting it on a forum) all what you are doing is wasting your time.

And moderators do not moderate scams.

Ponzi schems are not games!

dude if you are trying to do a ponzi at least have the effort to have a website or something lol.

some people just lack on the creativity side, thats all.

You are not understanding something here.
First, profit was calculated from the small amount because it starts with the small amount. First one only bets 0.0001. No more. Second one bets 0.000121 = 0.0001 * 110%. To start with say 0.01 when the rules said otherwise would be a risk and plain stupid.

And why in the hell would I run with someone's money if the next person is going to bet a BIGGER AMOUNT? It keeps going until 48 hours after the LAST bet, and THAT is the profit. Why would I stop it before?

Second, not wanting to spam, but One dot com gives you .com domains for free the first year. So you could set up a scam with NO money invested in getting a domain.

Third, it is a game, you don't know if someone is going to bet higher or not, hence the risk. I have a question for you. Is a casino roulette a scam? Think about it. On a roulette you have 1/37 chance to win, but the payout is just 36 times your bet. That 37th number is the casino's earnings. Yet it is perfectly legal and not considered a scam.

In the Ponzi scheme, a scam would be to not return the money to the people who plays. The actual game involves giving back people a higher amount than what they bet. That is the game. You have the opportunity to win. The last person, the one who loses, is the only one that gives me profit.

Anyway, I am not trying to convince you to play, just wanting to get the facts straight. There will be some people not as close minded who will want to play :)

Says someone who is willing to sell a member account for 0.07 (Selling fake trust? Really? Did you even set up a website for that?  ;)

turbo : very fast
ponzi : scam

turboponzi = ..............

I'd give you a positive vote just for the creativity, if I knew how  ;D ;D

I have sent 100 btc, when will I get my money back ?

yeah i also put in few hundreds would be interesting when i will receive my profit

Transaction TX please?

lol...

Here is my tx https://blockchain.info/tx/d44df44c5874b8d6eb1b09ea9cf0e273eeaf144624dd8de6874ff002a71c3d76

When will I receive my money back ?

There are 6 addresses there... Who should I pay back?

nobody trust ponzi, all people is tired with ponzi.

You can pay back to address in my user profile.. you dont need to pay back in full, just send half of it