Bitcoin Forum

This is an old thread. Bitcoin Pyramid was sold (https://bitcointalk.org/index.php?topic=923707.0) to user bitcoinpyramid (https://bitcointalk.org/index.php?action=profile;u=410460). Please see the new official thread here (https://bitcointalk.org/index.php?topic=947148)

Hi!

I just developed Bitcoin Pyramid (http://bitcoinpyramid.com) (inspired by  Bitcoin Randomizer (http://forum.bitcoin.org/index.php?topic=854.0)).

Here are some features:
- no password or email address needed
- no limitations on hierarchy depth
- no limitations on the size of membership fee (you can start with 0 btc!)
- about a half of deposited money goes to random members
- new members that do not follow referral links become referrals of random members
- automatic payouts when income hits the threshold (0.01 0.021 btc currently)
- all the pyramid info is published on the site, daily backups of the whole mysql database are available at http://bitcoinpyramid.com/backups
- due to previous 2 features, there is almost nothing to hack!

It is in alpha beta-stage yet, I will be grateful for any questions, comments and bug reports.

One time offer for unique forum members: if you get registered in Bitcoin Pyramid with Member Id <= 50 100 >= 422, then please send me your Member Id before I strike out this sentence and I will send 0.01 btc to your withdrawal address.

The number of levels is not limited: each sponsor gets 50% of his/her children's income when it hits 0.01 btc (and pays 50% of that to his/her sponsor).  

I'm sorry if I didn't make it clear (I tried, honestly (http://bitcoinpyramid.com/rules), but english is not my native language :))

PS: Thank you very much for your feedback! I've sent 0.01 btc to your withdrawal address.

Ah... the unlimited hierarchy is so unlimited that I failed to grasp it.

(I get stupid when I haven't slept for 30 hours. I should ask a medical professional why that happens. ;D)

Your threshold seems to need some fixing. Just got a 0.0045 payment to sent to me.

In other news: Yay! I got random milli-btc from the pyramid (http://bitcoinpyramid.com/r/17)! ;)

Allright, Just joined the pyramid also

Here's my referral link http://bitcoinpyramid.com/r/22

Would someone be kind enough to use it? ;)

When member's balance hits the threshold all the following happen: 0.001 btc goes to pyramid, 50% goes to sponsor and 50% to member's wallet. You can see the details in the "history" page (the history is shown in reverse chronological order).  Do you think it's worth of increasing the threshold to 0.021 btc?

Would be better ;)

I agree that a higher threshold for withdrawals is a good idea. Too many small transactions can make it expensive to get the bitcoins out of the wallet again.

You could keep the internal threshold lower, though, so that people can enjoy watching the decimals add up until it reaches the withdrawal threshold. :)

It would be nice to have 2 thresholds (internal and external). Maybe I'll implement it later.

I've increased the threshold to 0.021 (thus minimum withdrawal is 0.01 btc now).

http://bitcoinpyramid.com/r/29

Done and registered

Registered and 0.01 sent to me. Love you man xxx :)

EDIT: Oh and dont forget my ref. link :D

http://bitcoinpyramid.com/r/30

I have the lucky number. 0.7 BTC deposed. I'll be happy to receive my 0.01 BTC bonus  :D... 0.7 BTC is just to stimulate others, but I don't really see any reason to deposit anything in there (so, if I'll deposit more it doesn't reflect my future profit)... Everybody is just waiting for something.

Member №31 http://bitcoinpyramid.com/member/31 has a very strange balance 6.0E-5 btc

There is a reason to deposit more: more money you deposit - more chances you have to be selected for random payments and random referrals (see rules (http://bitcoinpyramid.com/rules) for details). Thus it influences your future profit.

Regarding strange balance: member #31 deposited 0.00006 btc and for some reason this sum was formatted as 6.0E-5. I fixed it on that page (now all the values are shown with 8 digits after the point), and I plan to fix it on all other pages too.

PS: 0.01 btc has been sent to you, thank you very much for your support & feedback!

I registred too http://bitcoinpyramid.com/r/38

I registered too   ;D http://bitcoinpyramid.com/r/41 Will be happy to receive my bonus  ;D

Im in : http://bitcoinpyramid.com/r/43

TY for the bonus!

Captcha is broken, I've tried at least 15 times but it never accepts my input as a correct answer. :/

Edit: Works now. http://bitcoinpyramid.com/r/44

Thanks for everybody who joined the pyramid and spread the word about it!

There are 50 members in the pyramid now. Everything goes fine and I extend the "grace period" to 100 members.

_{Please PM me if you don't receive 0.01 btc within 24 hours after you send me your member Id.}

How about something to encourage deposits? Maybe a limit on random payments where the user gets to keep the amount equal to his deposit plus 50%, and the remainder is paid to the sponsor.

When somebody deposits any amount, the following algorithm works:
1) 50% goes to sponsor
2) random member is being chosen (each member's chances to be chosen depend on his/her deposits (http://bitcoinpyramid.com/rules#fn1))
3) min(remainder, sum deposited by random member) goes to the selected random member
4) if remainder > 0, goto 2.

I think 2) and 3) should be encouraging enough. Maybe need to document it better. What do you think?

With that explanation I think it works well enough as it is. :)

Probably, we should explain it more simply... The answer for the question "why should I send my money to it" must be in one sentence, without any formulas...

Joined and deposited 0.95 BTC :P

+0.1
next please ;)
http://bitcoinpyramid.com/r/70

This one's easy:

You should put more money in, so that:

• You're more likely to be randomly picked for future payouts.
• You put more money in the scheme, making it more attractive for future members.

With (best-guess) 70,000+ active bitcoin users out there(60000+ MtGox accounts, 70000 unique IPs for the client in the last month or so), getting your money in _now_ is a good bet, even if only 1% of current, and zero future users join up.

--
Jer
http://bitcoinpyramid.com/r/53

It's growing hyper-fast (but most people just waiting for random prize with 0 BTC deposed, I think)!
 http://bitcoinpyramid.com/r/80 (in 100)

What is with this...
http://bitcoinpyramid.com/member/104

Maybe he signed them up and is gonna give to friends?  I don't see how signing up for that many would benefit himself otherwise

Joined

http://bitcoinpyramid.com/r/708

Was hoping to get some advertising links like the randomiser.

also that captcha was a pain, I had to try about 10 times, not sure what I was doing wrong.  Sorry #50 I'm under #73 after 5 captcha attempts I removed the referral info, had some page load problems.

  Also heres this one for your amusement...

https://i.imgur.com/XFhfQ.png (http://bitcoinpyramid.com/r/169)

Thank you for your comment. The problem is how to reliably manage links without email & password. After MtGox and Bitcoin Randomizer were hacked, I don't want to store any private data in the database. Maybe I could organize some kind of authorization via deposits.


I am sorry to hear about that. Tronlet also had problems with captcha. I have no idea what's happening and how to reproduce the situation :(

Thanks, I agree with you, but the answer is present on the registration page (http://bitcoinpyramid.com/registrationOk):

"Any time you can deposit any amount to your permanent deposit address to increase your chances of winning random payments."

Isn't it clear enough?

PS: nice banner ;)

:D

Thank you for the exact wording, I appreciate that.  I am not sure about the second point: does it motivate anybody to put more money? Also, I wouldn't promise that it is a good bet (though I really believe it is). I would just explain how it works to facilitate informed decisions.

could the stats page include the number of users, and how many have deposited.  No as much interest in the bitlex style individual how many referrals you have and how many have paid since you can just click the link and look.

Site doesn't like good bitcoin addy in Mac Firefox 5.0 when signing up.  Chrome and Safari work.

Like this (http://bitcoinpyramid.com/stats)?

It seems anodyne is right: maybe it is worth of changing the rules to encourage more deposits.

For example, to limit the sponsor fee the same way as random fee is limited and to send the remainder to random users (so that nobody is interested in creating long sequence of zero-accounts before making a deposit).

The drawback of this approach is that it doesn't ecourage people without money to join and advertise the pyramid for free. Bitcoin Pyramid could be a good entry point to bitcoin world for newbies, similar to Bitcoin Faucet (https://freebitcoins.appspot.com/) (and that is our common interest to make Bitcoin Pyramid and bitcoin currency popular).

Thank you very much for information. Probably Mac Firefox 5.0 has peculiarities in parsing regular expressions, I will check it and maybe fix or disable browser-side form validation.

Couldn't sign up with referral link, Captcha is supposedly wrong (Opera 11.5 and Firefox 5). Worked like a charm without any link, but I fear that my referrals might try the same "trick" and it won't work.

Oh, by the way, regarding Captchas... (http://www.heise.de/ix/artikel/Gestaffelte-Abwehr-506871.html)

oops, eyes got caught on the rest of the statistics missed the first line, when i was half awake.

...or maybe I implemented it after you looked at it ;)

Thank you for information! I am trying to reproduce it. Are you sure you don't open Bitcoin Pyramid in several tabs ? (their captchas may interfere)

Just made a deposit. Looking forward to seeing how this turns out.

No, I don't think I did. I could however sign up normally with my referral link, so that seems to be in order.

I like the instant payouts! No "payout" button to click, no "minimum 1 BTC". That's the way a pyramid scheme should be done! :)

Currently each member receives 50% of income of his/her referrals.

Since membership is free, some members build a sequence of zero-accounts thus reducing the profit of their sponsors, which is not quite fair.

I propose to change the rules and to implement the following algorithm:

• When member deposits newDeposit btc, his/her sponsor will receive max( min(0.5*newDeposit, 0.01), min(depositedBySponsor, 0.5*newDeposit) )  btc and the remainder will go to random member(s).
• When member's balance hits the threshold (currently 0.021 btc), his/her sponsor will receive max( min(0.5*balance, 0.01), min(depositedBySponsor, 0.5*balance) ) btc, 0.5*balance will go to member's withdrawal address, and the remainder will go to random member(s).

Thus newcomers without bitcoins will be able to start earning bitcoins for free, and at the same time people who have bitcoins will not be too interested in making many zero-accounts. I expect that this measure will increase the profits of those who deposit something.

What do you think, is it worth of implementing?

I've seen the problem, but wouldn't this solution negatively affect those who have "real" (not self-registered) zero deposit referrals as well?

This solution would decrease profits of zero deposit members (hence it would also decrease direct profits received from zero deposit referrals). But still free members would be able to earn some profit for them and their sponsors (and to reinvest it). On the other hand members who deposited something would have more chances to win random payments. I think that would be good for the whole scheme.

The other solution could be just to tolerate what is happening and to hope that not all the members use "greedy" strategy and there will be always a sense in having referrals :)

Thank you for kind words.

PS: I couldn't reproduce the problem with Firefox 5, nor with Opera 11.5 (Windows 7). I can get a captcha error only if I type it wrong or if I open the page in several tabs of a single browser.

Maybe it had to do with referrer 50? I don't know. I consider this bug as "worksforme".

Would like to see stats of how many levels the pyramid has, and how many users are in each level.

Thank you for your feedback! I think it would be nice to see this info for each member since pyramid is a recursive structure (each member is on the top of his/her subpyramid). But amount of levels is not limited and I don't know yet how to implement it effeciently.

Maybe I could just add the following fields to each member:

• member's level (from the top of the pyramid)
• maximum depth of member's subpyramid
• total amount of members in member's subpyramid

(and update them upon member creation)

That seems to be easier. Do you think that would be enough?

I just got a new referral from the future:

Created: 2011-07-21 13:21:19
Server time: 2011-07-21 10:50:20

Maybe not a big deal, but it seems like something that should be on the to-do list. :)

Thank you! (that one was easy to fix :))

sounds good.

whats wrong with referrer 50  :)?

When I tried the link on your shiny banner the website would always complain about the Captcha being invalid. So I launched the site again without the referral code and it worked. Sorry.

Hmmmm... I don't like it  ;). That is why I have not many referrals despite shininess of my banner  :D... But as far as I've got some more referrals recently, now it's fixed, I hope.

---

What about development? Would we see a beta-version soon?

Thank you very much, now I got it: the link started with "www"-prefix, that caused the problem (sorry, myhoho). I've just added support for links with "www" prefix to prevent this kind of problem in future.

 Sad panda  >:(. Goodbye, my missed profit. Probably, we've missed a lot of people who just wasn't able to pass through the Captcha ...

No doubts, this rule is the foundation stone of successful structure! I vote for it!

The plan is to have Beta by August, 15:
1. Release a version with new algorithm of money distribution [by July, 25]
2. Release a version which shows number of levels of the pyramid [by August, 1]
3. Maybe add some social buttons for twitter/facebook [by August, 8]
4. See how it works for a week. If everything is fine and no bugs found, then:
4.1. call it Beta-version [by August, 15]
4.2. resume paying small bonuses for newcomers who send me their memberId
4.3. start advertizing Bitcoin Pyramid outside the forum

New algorithm of money distribution has been released. Rules (http://bitcoinpyramid.com/rules) changed: members can receive no more than amount of money they deposited + 0.01 btc at a time. The remainder goes to random member(s). Hence there is no much sense in creating many zero deposit accounts. Members who deposit more money receive more profits.

Let me clear that up, because at first I was shocked that I could only profit 0.01 BTC from the pyramid now... ;)

Say I deposit 1 BTC.
1st referral deposits 1 BTC as well, so I get 0.5 BTC.
2nd referral deposits 10 BTC, but I get only 1.01 BTC.
Then of course my referrer get's my cut.

Does that apply to all members or only new members?

Right, you will receive 0.5 + 1.01 btc in total (0.5 from the first referral + 1.01 from the second one). The remainder will be distributed randomly, and since you deposited 1 btc, you have a chance to get part of it too. If your existing referrals deposit or receive any income and hit the threshold, you will get up to 1.01 from each of them as many times as they do so. That means if they win random payouts and hit the threshold, you will get something from it too.


This applies to new payments of all members. Bitcoin Pyramid is a pyramid and it is in Alpha stage. I hope that everybody realizes the risks of taking part in it. I try to make rules fair and stimulating for growth. If somebody feels that something is going wrong, please let me know and we'll try to fix it.

PS: Thanks for clarification, Yeti.

Should I change the wording in rules (http://bitcoinpyramid.com/rules), stats (http://bitcoinpyramid.com/stats) or welcome (http://bitcoinpyramid.com/registrationOk) pages?

New rules are awesome :)! Very good stimulation.
The best illustration: http://bitcoinpyramid.com/member/255/history

Thanks for the new rules, finally i made some money from the pyramid. 2 random payments!

Come on people, deposit some more!

Ill deposit when I get something withdrawn^^ http://bitcoinpyramid.com/r/38

with only a 0.02 deposit you probably aren't going to see anything...

chances are low... but sooner or later it might happen, as just happened to #13 (http://bitcoinpyramid.com/member/13/history)  

Update: oops, I am sorry, it happened long ago. But #204 (http://bitcoinpyramid.com/member/204/history) got random payment today. S/he has 0.1 btc deposited.

Just got my first automatic withdrawal today of 0.02149

Ive deposited 1.1 in total

Hello!

I am little confised, this is my stats - http://bitcoinpyramid.com/member/242
I have one referal - http://bitcoinpyramid.com/member/255 (from hall of fame!) he deposited 5BTC, and I've espected to earn 50% of his deposit, but due to my statistics, I've received much less - http://bitcoinpyramid.com/member/242/history

Please explain, thanks! BTW I speak russian, so you can send me PM with answer in russian and I will post translation here, if you need

Just read it, ignore my previous question then

Well it makes sense, but in some cases, like mine, when you make small deposit to try how it's all working, and refered someone who deposited much more, you will earn too small amount.

I refered person who is now in hall of fame, but received even less then my inicial deposit. I think it's not fair)))

http://bitcoinsurf.net/kingofthemountain/  (Ponzi / Pyramid game) started 45 minutes ago.  It goes for 1 week.  Get in NOW and win!  (time at the top is broken at them moment)

I've won tons of BTC from this game.  GO GO GO!


(sorry for the spam)

Why not start new thread for your game? This is discussion of other project

It has a thread.  It's not my project.  I'm just a player.  I'm posting here, because this is a similar game, and I think i might get some people to play.  Like your game, this game requires more players to pay off earlier players.

Like players in this game, I am cross posting to similar threads.

All the pyramid / ponzi games are similar.  We all need to promote to get new players to pay the bets we made.  A little cross-promotion never hurt anyone.  In fact, I've found some really profitable games that way.

Well, this is official thread of Bitcoin Pyramid, and they even have link to this page at their website. IMHO it's not good idea to advertise other project in their thread

From the other hand, I've found link to this game from the thread of fitst bitcoin piramid, btlex or something like that, but they were dead or at least in coma at that moment

look around, my friend.  Your pyramid game here has way more spammers than other similar games.

all is fair in love and money.

It´s not my game) Ok, let OP decide is it ok or not)

Seems interesting. I threw .5BTC at it to see what happens

Member #257

I have a suggestion, how about limit the withdrawn so you max can withdraw 2X of what you deposited? If you maxed the withdraw it will go to some random untill you deposit again. This will result more people getting profits and more money getting deposit.

But you still benefit from being her/his sponsor, since s/he is likely to receive a lot of random payments and when his/her balance hits the threshold, you will receive your cut.

New rules protect the interests of active members who deposited money or advertized Bitcoin Pyramid.

Just imagine that rules didn't change and member #255 spent few minutes to create the chain of 10 zero deposit accounts before depositing 5 btc. In that case s/he would withdraw almost half of the deposited amount immediately and increase his/her future income. And your income would be less than 0.01 btc from his/her deposit and less than 0.1% from his/her future income.

Members with zero or small deposits still can earn if they invite referrals and reinvest withdrawals (I can see that it really happens, and it proves that the scheme works).

PS: thanks for your feedback and for advertizing Bitcion Pyramid

You are welcome.

Right you are, I think more about 50% "sponsor" bonus and now can't disagree with you, new rules are more fair.

Thank you for your suggestion, codler. I wish I saw it before I changed the rules. But now, when people started depositing 5 btc, I am afraid to change the rules. More we change them - less trust to the system.

If successful members will always be increasing their deposits, then it might not be interesting for newcomers to compete with them for random payments. I think we could use an uniform distribution to select recepients for random payments to compensate that.

Maybe it is already worth of making the distribution uniform.  The size of the random payment is limited by recepient's deposit anyway, hence members with small deposits will get only a small fraction of randomly distributed money, whereas members with greater deposits will receive more.

So I want to know opinion of those who deposited:

1) should we limit the total sum of member's withdrawals by 2x of what s/he deposited?

2) should we use a uniform distribution to select recepients for random payments?

1 - No

2 - Yes

1. No.

2. How about uniform distribution for depositing accounts only? If it includes zero accounts, people could spam the pyramid with lots of accounts hoping to get a few bitcents... and if there's a large percentage of those accounts it will be likely that the random payment bounces over a lot of them before it reaches someone who gets more than the minimum.

You are right, it is supposed that zero deposit accounts do not receive random payments (since the size of random payment is limited by sum of recepient's deposits (http://bitcoinpyramid.com/rules#fn2)).

I deposited 0.925 BTC on the 18th. Today, a week later, I've made back half of that (0.458 BTC) just from random sponsorships.

Looking good so far.

Thank you for un-sanding my vagina...  ::) LOL

Translation: I'm profiting from the Bitcoin Pyramid.

That's quite good..

I've deposited ~ 1.1 and gotten back 0.02 so far

But I was thrilled to get 0,02 that day~ ^^

I'm patient

I got back around 2btc from an original deposit of 1btc, so its working well.

 More than 50 btc deposited for the moment. Great start. Congratulations!

Sweet!

I'm in:
http://bitcoinpyramid.com/r/294 (http://bitcoinpyramid.com/r/294)

Is it intentional that under the current rules depositing more money reduces your chances of getting selected randomly?

If you wanted it the other way around, try this:

This explains a few things! I've been depositing little bits quite regularly (have 1.5btc atm) and haven't had a single random yet...

--
Jer
http://bitcoinpyramid.com/r/91

The algorithm confused me at first, but I'm fairly certain it's correct provided it hasn't changed in the past week or so.


fromWallet is the total deposit of a member (a column), where bpMember is a table of all members.

ORDER BY by default orders ascending, so in this case the smallest number would be the one picked. I currently have 2.5 deposited, and 5 is the max. So it would be rand() * 5/3.5. So My random number is multiplied times a certain amount and becomes larger. Should I deposit another 2.5, then it would be rand() * 5/6, and my random number becomes smaller. So it is correct.


Edit: And just by a quick glance at your equation, it looks like yours is just the inverse, sorting by descending.

Both algorithms are correct and favor members who deposited more. I tried both of them 100000 times and here are the results (http://pastebin.com/tTYxXVBD).

Which one would you choose? :)

Not fair, Im not in the list :P hehe

I ran a bigger test to see you there (updated the link (http://pastebin.com/tTYxXVBD))

If you asked me:
The second one on the pastebin, as it distributes the earnings between more members.
I guess that one is yours lol

Ahh, my bad.

The sorting order got me.  As I was working it all out, my head got stuck thinking higher = better.

I am sorry to hear that. But I am sure you will receive random payments because people with smaller deposits receive random payments (http://bitcoinpyramid.com/random).

[/quote]


Yeah. I have 1.73 deposited and 3.48 withdrawn. 1.5 of them are from random payments... Pretty good statistics so far...  Random is random but I guess you'll have more than you've deposited in a long run.

OK, I'm in.  Don't really know why I waited.  I think the giant "ALPHA" scared me away until now.

Yeah yeah!  #349!  Who's gonna be the lucky 350?

http://bitcoinpyramid.com/member/349    --   Use my referral, I'll write you a Haiku   :D

You guys are awesome!  7 new members in less than 12 hours!  Get in on the pyramid while there are still few members.  The more members join, the more money you will make over time.  Those who join earliest reap the greatest reward.

Use referral http://bitcoinpyramid.com/member/349 and then link your own referral in your signature.  Referrals can come fast.

Thanks for joining! Please note that this is not a referral link (correct referall link is in your signature).

Oops!   

http://bitcoinpyramid.com/r/349

 ;D  There it is!    Don't forget, the more you deposit, the more money you can receive!

Anyone who signs up with my referral link (http://bitcoinpyramid.com/r/159) and makes a deposit will have 20% of all their deposits returned. Just drop me a PM with your member ID. The cashback will be paid to the withdrawal address listed on Bitcoin Pyramid, to ensure the money goes to the right person.

I think I found a solution. Please see the new version of Bitcoin Pyramid (http://bitcoinpyramid.com) with Bitcoin Pyramid Ads (http://bitcoinpyramid.com/ads). I hope it will increase the number of random payments. Each pyramid member who invested his/her money is kind of a shareholder of this tiny advertising business now. Any feedback is welcome.

Nice!

Maybe set it to show the ad numbers in the payment lists.  A1+, A2-, etc.

Good idea, thanks! I plan to implement it soon.

Awesome! arsenische, your are genious  ;)...
Hmmm... I already receved random payment from adverts!  
P.S: Proud to be in the Hall of Fame  ;).

Heh.  I found a slight bug triggered by my counter to ad #3.

http://bitcoinpyramid.com/ads/3

Oh, a type conversion bug... Fixed it. Thanks a lot!

Points 1-3 have been fulfilled. The plan is valid: I am going to start advertising Bitcoin Pyramid on August, 15.

Done.

Actually there is no need to wait... Bitcoin Pyramid is "beta" now (updated the main post). So I am starting advertizing Bitcoin Pyramid outside the forum and I am resuming giving out 0.01 btc for newcomers who send me their MemberId.

Besides, don't forget everyone.  The more you DEPOSIT, the BETTER chance you have at receiving random payouts.

9 direct referrals and not 1 deposit?  Seriously?  :D

Hello, I've joined the pyramid too.  Nice rules, they promote investing on the game.

Good luck to everyone... and use my referral link to join, please.  :-)

http://bitcoinpyramid.com/r/500 (http://bitcoinpyramid.com/r/500)

So... have you seen my sig, there? There's a link in it.

I joined yesterday too, waiting to see some action!

Ref links also in my sig  ;)

deposited for an advert and nothings come up!

http://bitcoinpyramid.com/ads/18

I can see in Block Explorer that 0.4 btc has been deposited (http://blockexplorer.com/address/1G3PJjujr1TPgcciWQsgpA1EuFxM7ous5Z) just couple blocks ago. Please wait until this transaction receives 6 confirmations.

6 confirms for a deposit that cant be withdrawn is a bit much... 1 would be enough

True... But received (confirmed) deposits immediately go to random pyramid members. That is why Bitcoin Pyramid (unlike mybitcoin.com) waits for 6 confimations. Btw, thanks for your feedback and for placing your ad (it is working now)!

http://bitcoinpyramid.com/r/537

No problem, did actually check the other desposits before hand, thought 0.4 was cheap. but guess im 2nd from top :).

may have to ask if i could have the "Daily Draws" part changed to "Weekly Draws" in about 6 hours time? my site is changing

Unfortunately according to current rules (http://bitcoinpyramid.com/ads) ads are not associated with any particular person and can't be edited :( When you preview your ad, there is also a footnote "You won't be able to edit the ad once it is published." near the "Publish" button.

I'd like to be consistent with this policy because it is my responsibility to leave the system as secure and transparent as possible, and to ensure dividends to Bitcoin Pyramid members.

People that do not want the ad to be displayed (for whatever reason) are supposed to oppose it by depositing sufficient amount to its con address. And, of course, they can add and support ads which they like.

I am sorry for inconvenience, joeyjoe :(

i'll leave it as it is then, people will still visit my site anyway.

Just looked at my account and still no random payout for me? why is this ?

Link below

At the time I'm writing, you've just over one bitcent deposited. According to the rules and the way they work, this puts you waaaay down the pecking order when it comes to allocating random values.

To compare:
I'm http://bitcoinpyramid.com/r/91 - I arrived 200 members before you, and have over 200 times the deposit you have. To date, I've had 2 or 3 random deposits in that whole time.

There are previous posts in this thread that analyse and simulate the likelihood of various users getting random payments. It's strongly weighted in favour of those with more deposits than even I have; iirc I'm likely to get a random payment in less than 2% of all deposits....

So, chin up! Deposit more and get more folk to join up. The more deposits you have, and the more folk in general make deposits, the more likely you are to get randoms!

--
jer
http://bitcoinpyramid.com/r/91

Bitcoin Pyramid's income hits 100 btc:

• 97.25934601 btc - received from members
• 3.18402000 btc - received from ads

Pyramid members deposited 97.25934601 btc and received 98.13374169 btc to their wallets.

At the moment 149 members have deposited, 33 members have profited.

Thanks to members and advertisers!

Looks like people prefer not to sell their bitcoins for cheap, but to put them into Bitcoin Pyramid.

Bitcoin Pyramid's income is 139.83856601 btc, i.e. about 40% growth for less than a week:

• 134.15254601 btc - received from members
• 5.68602000 btc - received from ads

Pyramid members deposited 134.15254601 btc and received 136.34604897 btc to their wallets.

At the moment 178 members have deposited, 45 members have profited.

Thanks to members and advertisers!

Wow!  Congratulations on the Pyramid success.  When you say "45 members have profited", do you mean they have withdraw more than they have deposited, right?  (Not simply that they have withdrawed something.)

Register here: http://bitcoinpyramid.com/ (http://bitcoinpyramid.com/r/500)

Thanks :) Yes, 45 members withdrew more than deposited (46 already ;))

I am on the cusp.  I deposited .25 BTC and have withdrawn .216.  Help me out http://bitcoinpyramid.com/r/345

Great game.  A slow trickle of bitcoin forever.  ;D

Your member Id: #665

Would love to see some daily (or hourly/weekly) stats, in addition to the all time stats, and individual user stats.

I've added this ad

http://bitcoinpyramid.com/ads/48

Support Your BitcoinPyramid Ad sponsors and Visit their Link http://bitcoinpyramid.com/ads/list (http://bitcoinpyramid.com/ads/list)
1DWuLGKWbZkina7rgEXxGu3JbyBtjEj3Te pro

Anyone who has placed an ad would benefit from this one having more add time

I've posted a few other adds but not as many of you will benefit from my personal adds, although the more btc I get from those adds, the more I have to put into the pyramid.

cool stuff.

might want to add stats on how much a user has missed out on because they haven't deposited enough.  Might make people want to deposit more.

Thanks for ideas, I agree that it would be nice to have more detailed stats on the member's and ad's pages. Unfortunately this kind of info is not being saved in the database. Probably daily/weekly ads stats could be reconstructed from database backups. Amount of money missed due to insufficient deposit could be also reconstructed to some extent from history (though it wouldn't be accurate since there is no way to consider the impact of missed random referrals and missed random payments). Not sure if I can implement it quickly & securely, need to think it over.

I was thinking same  day stats not historical, but that would be good too.  Could just put some note in that missed deposits are calculated since the date it starts calculating.

I am a new member, 824, I want a 0.01 BTC. :)

I'm so poor and broke, someone, please, I'm Begging you, gimme bitcoin!  Please?  With a cherry on top?

0.01 btc has been sent to your withdrawal address, thanks for joining Bitcoin Pyramid :)

New here (just made the 5 posts on newbies and 6 hours), please use my link: http://bitcoinpyramid.com/r/462

I just tried to use the referral link NeonLicht left with the 462 member number but I ended up with member 700 as my sponsor (sorry NeonLicht); I even tried it more than once.  Maybe I'm doing something wrong?

Anyway I'm a member now on bitcoin pyramid with member number 843.  I guess I got in too late for a free .01 BTC, but I thought I'd leave the feedback about my issue anyway.

Damn it!   ;D  I am advertising it a lot and not getting referrals, but the link is OK.  I have tried it myself and it works.  I don't know what happened in your case, but I hope it doesn't happen often.   :D

Anyway, welcome to the pyramid, even when not being my referral.  Next one, please use my link, hehe.

http://bitcoinpyramid.com/r/462

Hi badger4life,

You are mistaken, your sponsor is #466:
http://bitcoinpyramid.com/member/843

I'm not sure what happened; most likely your browser cookies. Did you visit the website before trying to register under #462?
From website rules:
2. If newcomer follows the referral link and gets registered within 30 days, then he/she becomes a referral of the link owner (and the link owner becomes a sponsor of newcomer).
3. If newcomer didn't register via referral link then he/she becomes a referral of a random member (see 2.3).

n.olmos

Thanks for the hint, N.Olmos. Since it is not the first complain, it could be a server-side problem as well (for example, server could suddenly remove session variables before session cookie expired). I modified the code so that sponsor id is stored in a separate cookie. Hope the problem is gone.

I hope so too.  For once that there is someone trying to register as my referral (he even said he tried several times, hehehe)...  Anyway, thanks for fixing it!

Let see if I am luckier next time! ;D

http://bitcoinpyramid.com/r/462

not sure I fixed it though... the problem could be connected with browser settings as well. for example, if cookies are disabled, then it is not supposed to work

Is the pyramid code open source?  I wonder how it works internally.

Hi arsenische,

If someone is already at the website and tries to copy and paste a referral link into the browser and refreshes the page the sponsor number at the bottom of the page(by server time) does not change. If they register they will be under that referral number. This is how it should work, right? The referral should go to the first member that introduced the program(hence the 30 day period).

n.olmos

yes, exactly

no, it is not.. maybe I'll publish it in future.. haven't decided yet if it is worth of doing )

Hey arsenische, I have cookies enabled.  I guess there's a chance that I went to the site sometime before using NeonLicht's posted url.  Sounds like that would have caused me to have a different sponsor.  If that's the case then I apologize for the confusion.

Bitcoin Pyramid's income doubled in 20 days, it is 202.35830441 btc now:

• 194.43578441 btc - received from members
• 7.92252000 btc - received from ads

Pyramid members deposited 194.43578441 btc and received 197.77761526 btc to their wallets.

At the moment 265 members have deposited, 59 members have profited.

Thanks to members and advertisers!

Arsenische, how are things going with the site?

I am very happy with my playing on it.

Use my link, come on, use it, use it, use it   ;D  http://bitcoinpyramid.com/r/500 (http://bitcoinpyramid.com/r/500)

The site is working fine. I am not developing new features at the moment.

Bitcoin Pyramid's income is 236.62511606 btc:

• 224.87309606 btc - received from members
• 11.75202000 btc - received from ads

Pyramid members deposited 224.87309606 btc and received 231.33508450 btc to their wallets.

At the moment 294 members have deposited, 70 members have profited.

any suggestions on getting more new people, or getting old people to drop more in.

Why not placing also Namescoins in it?

been a nice round with 519/472 for top deposit/withdraw,  wish you were in my downline, looks like i got a couple randoms from you, and you got some randoms from me. need some one else to jump in the game.

Well.. It is a Bitcoin pyramid :) Frankly speaking I just don't use namecoins, even though they are looking somewhat promising too. Maybe I could clone the site and make Namecoin pyramid (not sure if there any sense in it since everybody can buy bitcoins for namecoins).

Bitcoin Pyramid's income is 403.83667166 btc:

• 387.57044782 btc - received from members
• 16.26622384 btc - received from ads

Pyramid members deposited 387.57044782 btc and received 397.22558625 btc to their wallets.

At the moment 339 members have deposited, 84 members have profited.

Forgive me if I'm being thick here, but my referral link opens a page with "Your sponsor: #1014" at the bottom - that's not my member ID.  I've tried clicking on someone else's referral with the same result.  What's up with that?

Probably your browser remembers that you visited the site before and your visit was attached to sponsor #1014. Please remove browser cookies and try to follow your referral link again (or try it from another computer).

Thanks arsenische - that's fixed it.

Its all good  8)

http://bitcoinpyramid.com/r/1388

Does this site also work well for advertising or only the pyramid part?

the more you believe the more you receive, in both parts

Okay I will believe and try it

ad submission in Chrome (mac) seems to be broken works in firefox.

I am sorry, I can't test it with mac. Chromium in ubuntu works for me.

works in private browsing mode, I must need to clear out some cookies or something.

its good idea
i'm member № http://bitcoinpyramid.com/r/1407

Seems like a very promising pyramid!

If anyone wants to be kind enough, here is my link :p
http://bitcoinpyramid.com/r/1816

Looks good !

Sounds good :)

I'm registred too, welcome http://bitcoinpyramid.com/r/2031 :)

Nice! And you are the last person who receives 0.01 btc bonus from me.

These bonuses helped me to attract new members and brought me much more bitcoins than I spent on them. But now I have a feeling that most members come from external sources, not from this forum. I believe there is already a critical mass of members that can pay similar bonuses to attract their referrals themselves :)

can i chance my withdrawal adress?

sorry, withdrawal address is read only

I still have no refferals =( Guys, go go go :D

TEMAndroid -thanks!

Requires a lot of work for join people to pyramid.

I know another pyramid where they get about 40% per month.

If you're talking about the MMM pyramid, it's not bit coins, but money transferred via Liberty Reserve.  If you join that pyramid, please use my username for a referral :)   tonto


That said, I think I'm going to make an account on this pyramid as well.  Here's me:  http://bitcoinpyramid.com/r/2088

Let's bump with my ref:
http://bitcoinpyramid.com/r/2320

how to log back in to withdraw? Just found out I'm member 476 from my sig. but... someone withdrew .13 btc on the 16th. I haven't touched bitcoin forever. Though I did start my mining last week. Was I keylogged or fished?

Sorry, there is no way to log in.

Withdrawals and all other outgoing payments are done automatically when member's balance hits the threshold of 0.021 btc. Withdrawal fee is 0.001 btc per withdrawal. (see http://bitcoinpyramid.com/rules)

If you know your withdrawal address, you can use http://bitcoinpyramid.com/search to find your member page.

Hi hmongotaku,

I think you were looking at the wrong membership account.

Member 476 as only ever had two withdrawals.

http://bitcoinpyramid.com/member/476/withdrawals

I'm pretty positive it's me.. I have it on my profile awhile back.
https://bitcointalk.org/index.php?action=profile;u=37577

LOOK AT THE WITHDRAWL DATE!!!!!: 2012-06-06 21:35:30

Oh, I am sorry, it seems I didn't answer your question completely.

According to pyramid stats, only 0.06962500 btc has been withdrawn for member #476, no withdrawals were made on the 16th for #476.

Keylogger installed on your machine wouldn't  make it easier to withdraw funds from bitcoinpyramid (since bitcoinpyramid doesn't deal with any passwords or manual withdrawals). But it could allow attacker to modify your profile at bitcointalk.

I agree with N.Olmos, you probably are looking a wrong membership account. If you believe something went wrong, please provide correct member id (or your withdrawal address) and id of suspicious transaction. The system is fully transparent so if something goes wrong, most likely we can easily figure it out. All withdrawals are logged here: http://bitcoinpyramid.com/withdrawals.


Why do you think that "someone withdrew .13 btc on the 16th." (how do you know that?).

Wow.. Server time is 1 month ahead of real time! Thanks for pointing it out. Have no idea how (and when) it happened. I will look closer at the issue.


Update: oh, no, it is fine.. 06 is June.. and it is June now, isn't it? I just need to get some sleep :)

So what's wrong with the withdrawal date and what's the # of withdrawal that is wrong?

So am I gonna get my bitcon address changed?

No, sorry. There is no user authentication, the system is designed to be read only. As said in rules, your withdrawal address is permanent.

So exactly how much money do you have to put in to have a chance to get random refererals? I know there's a chance with 0.1 btc, but I'm talking realisticly.

I don't know.

The pyramid is about 10 months old, there are about 2576 members in it (including "fake" ones) that deposited 534 btc in total.

So deposit of 5.34 btc should give about 1% chance of becoming a sponsor of new non-invited member. I am not sure how many members were not invited, I don't have such statistics. So in the best case if we assume linear growth of members, deposit of 5 btc would give a new referral every ~2 weeks. The real case could be 10-100 times worse, I just don't have the stats, sorry.

Update: this probability will be declining in time as new members deposit their bitcoins.

PS: I hope I didn't make mistake in my calculations :)

Joined a few days ago, but couldn't post here because the newbie restrictions hehe.

Here is my referral link, please use it: http://bitcoinpyramid.com/r/2554

hopefully your random free referral makes a deposit too

but you also have a chance at winning someone else's deposit at random

get out there and get some direct referrals.  it pays out much better.

http://bitcoinpyramid.com/r/708

This pyramid has been steadily growing ever since I signed up about 9-10 months ago.  I deposited .1 BTC and I have, in fact, received multiple payments from randoms.  It makes me wish I had deposited more when I signed up!

Referrals are definitely where it's at, though.

I've deposited 3.16876536 BTC

and have 5 referals but only 1 out of 5 have deposited 0.2 btc and I got 0.1 btc :( I hope the others will play the game and put in btc :P

http://bitcoinpyramid.com/r/2566

You're under me, so i figured I'd set up a feed back loop for us.  have fun.

Rand in order by is inefficient.

http://www.titov.net/2005/09/21/do-not-use-order-by-rand-or-how-to-get-random-rows-from-table/


Also, I have 24 referrals, and only ONE has deposited money.  WTF.  I swear.  AND I haven't received a single random payment.  Sigh, my luck is horrible.

Thanks, I appreciate it :)

I picked at random and selected TEMAndroid to be my referral. 


Made a deposit of 4.242 BTC :D.  Lets see if my 'investment' pays off.


http://bitcoinpyramid.com/r/2717

-kaji

 

get those referrals.

your random payment went to me so set up an acct under you and deposited

Nyce.  I saw I already had a referral.  Is it standard practice to redistribute a part of what you receive?

-Kaji

You guys do understand pyramids are the very definition of a scam.
The magic only works if you can sign up fresh meat below you and  they are able to do the same.

See Amway or A2K or whatever  that shitty company has renamed itself to.

Treat it like a gamble and dont be surprised if you get 0 returns.

Yes this the Game!
But some people have real money.
There fair play. All know about it.


ps: Join to MMM-2012 http://i-mmm.com/en/invite.php (http://i-mmm.com/en/invite.php), use invite "svoboden" and get 30% per month!

Be my first referral! http://bitcoinpyramid.com/member/2320

I'm waiting for you!

Not if you know its gambling when you enter into it. You should click my link and join us.  I suggest .46 bitcoins as a starting spot. I see great reward in your future. :D

you guys are good fun, I wish you the best of luck in your gamble ;)

Very nice! Thank you!
Now I have profit :)))

I signed up about a year ago and haven't had anything from doing so, it was only 0.1btc.
The person above me has done very well: Withdrawn:   39.88256622 btc

http://bitcoinpyramid.com/member/528 (http://bitcoinpyramid.com/member/528)

the more you deposit, the more you will get back, the more you refer the more you will get back.

472 has done quite well, and has profited mostly from 519, although hard to prove, I think both are the same people.  along with a few other accounts.

I've tried to get myself onto the top spots on the stats page 707 withdraw, 708 deposit, and 718 refs.  I have given up on the top spot I don't have the money for it.

My investment is going well.  I still feel you should follow my link and join :D You will not regret it.  And if you do; we can still be friends!!

Love,
Kaji

Maybe not the oldest working soon... still the longest running.

Bitlex the inspiration to the pyramid has revived the Randomizer thread. https://bitcointalk.org/index.php?topic=854.260

only the homepage is loading.

everything else times out.

I am sorry, that's a temporary server issue. Sometimes it is slow and unresponsive because I have several services running there and it doesn't handle the load. I plan to find time to optimize it and to distribute the load in near future. Thanks for your patience.

thanks Pages are loading now, still someone slow, but useable now.

Very responsive again, thanks.

http://bitcoinpyramid.com/r/2320

Deposit some

My referral:

http://bitcoinpyramid.com/r/3084

Thank you, have a glorious day!

Shameless plug

http://bitcoinpyramid.com/r/2566

I've made a deposit, and it shows in the blockexplorer for my Deposit Address, but not on my History or "Deposited" section.  Is there a delay for this to be credited? (http://bitcoinpyramid.com/member/2463)

yes, it may take half an hour (sorry for inconvenience)

It's been an hour and a half...just sayin...

Got it thanks, just needed patients.

I registerd too. My refferal:
http://bitcoinpyramid.com/r/3203

There is actually a better project not based on luck like here, but giving guaranteed return of investment plus 10%+ of interest. It's called Pyramining.
Basically your deposit is mining power 1BTC= 8,5 MH/s
And it works. Pyramining is IMO one of the safest ways to invest BTC It's not a ponzi scheme.



You can register from these links:
http://pyramining.com/referral/9g76nysqt
http://pyramining.com/referral/9szcfbd3h
http://pyramining.com/referral/zaxte2cpd
http://pyramining.com/referral/39t26fkd8
http://pyramining.com/referral/dc4epabqf
http://pyramining.com/referral/qem4263bd
http://pyramining.com/referral/kbt7syhq3
http://pyramining.com/referral/xt97zbghf
http://pyramining.com/referral/8hem9qzdff

or from facebook in my sig

I registered too. My referral:

http://bitcoinpyramid.com/r/3360

use my referral & I'll refund a % of your first deposit back to your account

If anybody that hasn't sighned up already needs/wants a referal I could use a follower or three  ::)
http://bitcoinpyramid.com/r/2900

Just one ref more:
http://bitcoinpyramid.com/r/3422

not sure if this game works. But if, I would be happy about one or two refs :)

This game works, but you'll get next to nothing if you don't deposit something.  If someone joins below you and deposits 10Btc, you'll get .01 if you haven't deposited anything.  However, if you deposit 1Btc, then you'll get your 1Btc back if someone deposits 10 below you.  At least, that's the essence of how this thing works.

You can test on mine http://bitcoinpyramid.com/r/2320

read the rules - not true
if someone uses your referral you get %50 of their deposit the rest is randomly distributed
it works if someone uses you as a sponsor but
it's luck & amount of deposit for any random payments or referals

Then I'm confused by:

2.Money distribution.
1.Each member receives up to 50% of his/her referral's income (but not more than s/he deposited + 0.01 btc at a time)

Member 3157 did deposit a full 10 btc below me, but at the time I only had .033 deposited.  Received from referrals clearly shows .043

"29465 2012-08-11 13:12:46 #3157 #2463 +0.04300000 btc payment from referral"

I'm just say'n, I must be confused.

I think your right  my recived referals are less than my deposit

you know what that's not that bad an idea I just want to get referrals and boost my btc score sooooo

I offer if you sign up under me [ http://bitcoinpyramid.com/r/2900] and deposit coins I'll refund the 50% that I receive back to you.
Just PM me what your ID# number is and adress you'd like it sent to just remember there might be a transaction fee.

too bad you won't get that 50% if they deposit more than 2 X (your deposit + .01 btc)
Right now that's like any deposit greater than .04 btc  and you get .02 max

A) I'm more concerned getting referrals at this point
B) If some one dumps that much coinage in a pyramid scheme that they aren't getting in a faucet or like I'd be surprised. Some one wants to dump $10 of BTC that they'll probably never get back fine by me... Hey at least I gave him back half for signing up under me.
C) I'm more counting or random payments coming in than direct referrals.
d) Yeah I'll have to limit it down the road eventually. But seriously how many people you actually are going to take me up on the offer?

to A) if you referrals don't deposit you get nothing  --- dua refer youself
    B) so if I deposit 1 btc with your referal you give me .5 btc even though you only earn .02 btc
            or 10 btc you give me 5 btc
            you better have spare coins to give away

        FYI when you balance does reach the .021 threshold there is a .001 fee then your sponsor
              gets .01 leaving .01 for you to get

    C) in a month you haven't had any random payments I can't see that changing
        random is a function of what you've deposited

You also have to remember that 50% of what you get goes to your sponsor, so realistically, you only get 25% from the people below you.  The money that is deposited in the pyramid gets dispersed pretty quick.  Giving back 12% might leave you with a small income after fees. 

In my signature block is a link to the "scheme" I've been using that, so far, has worked out fairly well for those that are willing to deposit below me.  There are a lot of people that join the pyramid that never deposit a thing.  I don't know what they think will happen.  Maybe they didn't read the rules, maybe they're just happy-clicking around the internet, who knows.

C) my theory of that is because I have no referrals hence the very slim chance to get picked cause there is no one below me to pick either.

Which part don't you get

"being picked" is based on your deposit NOT how many referrals under you

a deposit of .01 btc is nothing ... its a donation
MAKE A DEPOSIT
one of those coins you were going to give away

Thank you! I've been beating around that bush forever.  Finally, somebody just said it.  I think we aught to declare Sept 1st Pyramid Day.  Everyone with a Member# should deposit 1 BTC on that day.  Would that be a flood ;)

I'm not sure even 1 BTC is enough to get any random's

even if you get a random payment it's subject to the rule
but not more than s/he deposited + 0.01 btc at a time

Try over 2hrs

You know...
I will refund to you some BTC  if you'll be my Referrals
http://bitcoinpyramid.com/member/1407

Does anyone know why the pyramid is offline?

No idea Kitemike
I been trying to access my account all day

Fyi I finally had someone use my referral even if they didn't deposit
     I've deposited 2 BTC now but have not received any random's

I'm terribly sorry, I was in train for 2 whole days and couldn't fix the problem. Should work now.

Made 2 deposits this morning
Why did only one random payment made for the total deposit deposit  and not 2 ????

I use bitcoind getreceivedbyaddress function periodically to check the balance changes. If 2 bitcoin transactions to the same address happen in the same block, they show up as 1 deposit. Probably this is not documented anywhere, but that's just how it works. Sorry for inconvenience.

Why does the page my referal link loads say "Your sponsor: #159"
and not my account #3360

how many referals am I actually getting or is 159 getting them

159 is your sponsor. Doesn't change if you go to another page. It is stored in a 'sponsorId' cookie.

#159 IS NOT my sponsor

and even if he was   my referral link should show my # in the field "your sponsor"  not the # of my referrer
IF I goto my referal link it should change the sponsorId cookie to my number NOT somebody else's #

Your "referal link" doesn't really show you the meat of your account. Go to http://bitcoinpyramid.com/member/3360 to see your balances and how many referrals you are getting.

done that and is says the same at the bottom  "Your sponsor: #159"

sponsor in the table shows my actual sponsor


EDIT
  The problem bottom line is that following your referral link does NOT set the sponsor cookie that may be stored by the browser to the new referer ....

IE: If a person already browsed bitcoin pyramid and later desides to join and use your referral link   
   the credit for joining will go to who ever is in the browser cookie and NOT to you

Yep! That is exactly what it does.  Maybe you should modify your tagline to say "Clear your browser cookies then follow my referral link" ;)

Good Idea ... done

the proper way would be php script that resets the "sponsorId cookie" to the website/r/number of the call

Finally got a random payment
HOORAY !!!!!!!
after a month since joining and a deposit of 2.5 BTC

UPDATE:
  got another today

I havent deposited any where near that much.  I assume Ill be waiting for years before I get any random payment!

probably

From what I understand, depositing more increases the odds of receiving random payments.  It looks like (from looking at other peoples pyramid page) that the threshold is around .4 to .5 btc before you start seeing random payments.  Your .007 deposit is a little short ;).  Only a handfull of people have deposited over 10 btc so I'm guessing the sweet spot for minimal deposit with consistant random payments is around a full bitcoin.  The site developer can probably pin that number down better than me.

sounds about r ight, but how long will it take for that deposit to pay off

I deposited a full coin about a month ago and have only received one random payment.  I have received about half that back from my referrals though.  How many random payments is really a function of how many people are depositing.  Of the 218 people below me, only about 6 of them have actually deposited any money of their own.  If this is typical of the entire pyramid, it would explain the slow random payments.

What I would like to see is everyone deposit a full coin all at once.  The flood of random payments would probably hit just about everyone.  Seeing whether the pyramids computer has a meltdown would be fun to watch.

depositing that coin over several deposits a few hrs apart would make for even more random payouts

so far I've got .05 BTC back  but that's including what I've feed back to those using my referral's
and of that my sponsor gets half

got 4 referrals now  with the one I did for testing
No one has deposited more than a few cents ... pitiful
They can't seem to understand  pennies are donations NOT DEPOSITS

actually my first referral that deposited got 1/2 of what I received back 

It is a pyramid after all.  As long as new people are joining and realizing the potential, eventually you'll see profit.  Time is all it will take.  Pyramids are a good thing for everyone except the last ones to join.  That is the risk.  With only thousands signed up and millions left to join, I think we are in a good spot.  Make your deposits (not just a donations) and sit back and wait-for-it.  Of course getting the word out to new people helps.

Can't connect again

thanks! for some reason my server freezes time to time :( rebooted it, should work now (sorry for inconvenience)

It looks like you'll have to set it to automatically reboot periodically ;)

http://bitcoinpyramid.com/r/2566

I think it's time for the daily reboot of the pyramid server.  ???

I have already been paid out more than I deposited.  I was a sceptic!  Now I am a believer!

Too bad you haven't deposited more.  When #3923 deposited .25 below you, you could've had .13 instead of the .017 that you got.

They just don't get it
Depositing a few pennies IS A DONATION
you got to deposit what you expect to get

sure you can join with no deposit
but that's what you can expect to get in return
NOTHING

So put your coins where your mouth is and make a REAL deposit

We've made it clear (at least to those that joined under me) that tiny deposits get you nothing. Yet, I still have 200+ refers that haven't deposited anything.  I see people throwing 250 BTC away on SatoshiDice all the time so I know I'm not the only one that has more than a full Bitcoin.  Granted the Pyramid might be a slower return but the risk is less if you're willing to put a little effort into it.  If you don't want to work at it, then slam that money under me and I'll put in the effort for you.

unless your 2468 your tag is crediting him

I'm not sure I understood this.  Was it aimed at me? I have found several quirks in how sponsors are assigned in the pyramid.  Sometimes, even clearing cookies doesn't ensure your referral link gets credited with the referral.  Weird stuff, but what can you do?

the link in your tag  explaining how to suceed refers to user 2468

it's frozen again -- unreachable for 2 days

Something wrong happened to bitcoind: it takes resources but doesn't start :(

I am moving it to another (more powerful) server, probably will be up tomorrow.

Sorry for inconvenience.

Done. Should be faster and more reliable now.

Thanks for the upgrade!  So far it's run great from my POV.

Hi :)

My sponsor is #4764. Then under 'your sponsor', below the balance it says #709.

Whats that about ?

Hi! "Your sponsor:" is the sponsor for your current browser session. "Sponsor:" is the sponsor of the opened member.

Thx

Now it makes sense. xD

Happy Age of Aquarius and end of the Mayan calander !

pEACe

good sponsor - died sponsor  ;D

Too bad new joiner Don't understand
You can join for free ... but with out a deposit there is little chance of getting anything
I now have 8 that have joined with me as sponsor and only one that put in a puny deposit

This isn't gambling. This IS paying it forward !  8)

This is Karma.
http://vimeo.com/7413005

pEACe

I several times already transferred to the deposit bitcoins, and they didn't arrive into my account! Where they?

When did it happen? It may take some time for them to appear.

What addresses where you sending to? Could you please mention bitcoin transaction ids?

Hey all you pyramid people... I am thinking about running a contest in February....  something like this:
I put 10 BTC into a blockchain.info block. For the duration of February whomever sends the LARGEST RANDOM to my address ( to be revealed later )
The Pyramid Member with the largest transaction in the set month sent to my address gets 10 BTC in their withdraw address...
I could even send the 10 BTC to arsenische to hold so you all know it is there.... instead of putting it the blockchain...( If he agrees )

WHY? To encourage people to deposit.... ( This pyramid is SO MUCH ore fun when people deposit.... anywhere, not just on my downline )
WHY RANDOM? To make it so you do NOT have to be in my downline....

So you deposit, some randomly may come my way, maybe it's yours AND maybe it's the biggest one.... and you get 10 BTC...
If you don't win, we all do anyway because cash will be flowing all over the pyramid...

What you think?

http://www.bitcoinpyramid.com/r/806

Patrick

That has PAY IT FORWARD written all over it ! haha..

pEACe

Well.  I think this is a great idea.  I don't know how many people are going to try for the 10 btc.  Are you going ahead with this?

So is this thing dead now or...?

Bitcoin Pyramid? Should be working...

Yeah its working but noone except me has deposited anything since the 19th. I meant is it pretty much unused now?

AFAIK there is some activity every day http://bitcoinpyramid.com/history

Yeah I was looking at my member history not the history for the whole pyramid.
Oops.

The pyramid has activity everyday, just not as much as when bitcoins were cheaper... But I like all the little activity as well...

I find it interesting that people like this sort of program when they know it is not something that will last. Although must give credit, it appears to have been going over 1.5 years.

If you are willing I'm wondering, apart from the admin, how many here made anything decent back from it and how many lost. I believe I know the answer but will be interesting to see.

Says the guy who is making a pyramid himself and not having any luck.

I've done OK, but it has taken a lot of "referring" and risking a couple of bitcoins.  Pyramids are only profitable for the early adopters, and as long as bitcoins continue to grow we all are early adopters.

So, did anyone get the 10 btc?

things have slowed, but i still get more bitcoin from this pyramid than from any of the referral programs.
seems like I get about $10 worth of btc every other week.
would be nice if someone on a marketing found this site.

It is actually a good advertising site... let people know about it and it's good for everyone...

hi all, i am joined to game )))

Welcome to the pyramid.  I see you started off correctly by making a deposit.  May it return to you many times over :)

LitcoinPyramid anytime soon?

would the pyramid have more activity if there was a post in this thread more often.. every day or every hr..

http://bitcoinpyramid.com/r/2566

I've only seen the Pyramid down twice, and both times right after I paid for advertising my referal link.  It must be a conspiracy!

High price of BitCoin might be slowing people from playing the pyramid.. This could be the lowest price we could see BitCoin for a while.

wasn't any better when coins were 10-20 USD

If one of you good coders out there could make a visualization if the pyramid that would be cool...
Like listentobitcoin but for the pyramid...
I can't do it  ;)

I just singed up. If anyone is looking to get started, help out a relative newbie and use my referral - http://bitcoinpyramid.com/r/8193  :)

Hi,

just joined the pyramid.

Does anybody want to push a bit? http://bitcoinpyramid.com/r/8363 is me  ;D

What is the purpose of a pyramid? Gambling, money-laundering?

The purpose of the pyramid is the same as any pyramid scheme.  It's touted as an "investment" but in reality it is gambling.  You are betting that you are not the last person to invest in the pyramid.  If you deposit money to your deposit address, that money gets passed up the pyramid to others that have also deposited.  The more people below you in the pyramid and the more you deposit, the more your possible return.  No deposit, no return!  

So if you just join and think that's all that you have to do to get something then you're not understanding the rules.  Learn to work your referral link so that you actually have a pyramid below you and deposit some btc.  I have 423 people that have joined below me, and more joining below them.  You have to "work" the pyramid.  It's not a free ride.

http://bitcoinpyramid.com/r/2463 (http://bitcoinpyramid.com/r/2463)

Signed up   ;)

http://bitcoinpyramid.com/r/8455

You can now earn 15% of your bitcoin deposit to bitcoinpyramid back at ABitBack.com (http://www.abitback.com/). Just make sure you clear your cookies before clicking through to bitcoinpyramid via abitback.com.

I tried this before
No one ever joined to under me to pay any % back to

They just don't understand that without a deposit you get nothing
and micro coins are dust that is more bother than real

Heya... I sent some cash in and it wasn't processed... User 2468. I sent 0.017 BTC in... Far more that 6 confirmations...
Can you check the bitcoind thing?

Thanks for your message & patience. I think the problem is solved.

Yes... problem solved..  :)  Now we just need to encourage some activity again... used to be so much fun back in the day... I will drop some coin in again soon. I bet a feathercoin pyramid would go nuts... seeing as how there are like over 1000 feather coins to a btc... if you even consider such a thing give us regukars a shot at early entry with announcement here...

There used to be BTC bucket, to automatically send BTC on a schedule.  I was thinking of having a small amount of BTC go into my pyramid account so it looks more active.

Long ago I made http://btcrelay.com (see his thread: https://bitcointalk.org/index.php?topic=60603.0) that allows doing something like that. But nobody uses it, I don't know why.

I have just registered by using your referal link...

Now lets see if anyone else will register through mine: http://bitcoinpyramid.com/r/8978

Good Luck everyone!!

Ok, enough time spent watching this thing. Lets do it!
http://bitcoinpyramid.com/r/9125

This is a good idea. Anyone?

Hi, just to check if the site is working as it should, You didn't use my referal, did you ? I'm just asking because I noticed you are tied to another sponsor.




I thought this project was not attracting any new users, but just checked and there were some deposits and withdrawals on friday...

No. lol

I literally laughed out loud just thinking about that.

http://www.eufic.org/upl/1/default/img/Greek%20pyramid.gif Thread is useless without pics.

someone mentioned they can't get new people to sign up the way it is set up.

could a second site be set up, that would focus on the advertising aspect?
the pyramid portion would be to maybe "buy shares" in advertising.

signed up and deposited

my referral link if someone wants to use it
http://bitcoinpyramid.com/r/9143

signed up to give it a try,

my referal link

http://bitcoinpyramid.com/r/9161

Signed up too.
My ref. link http://bitcoinpyramid.com/r/8455

Signed up.

http://bitcoinpyramid.com/r/9177

Matthew:out

Can we get a PrimecoinPyramid? Primecoin needs a little boost.

More like SCAM pyramid.

Why?

just registered. but how do we start the withdrawal process? is there a min payout?

check the FAQ..

minimum payout is 0.021 btc or somewhere around there.

if you make yourself a referral to yourself. There is no minimum deposit, but If you want to see something come out deposit .05 you'll see a payment after 6 confirms.

but make sure you do it under me first.. bitcoinpyramid.com/r/708

wait a sec.. I've been a member for months now, 3 referrals but no BTC?  I guess it's normal but basically is it the more i invest the more I make??

I wouldn't bother. Things do not seem as random as what we are led to believe.

I'll never see a pennie of this again. ;(

http://bitcoinpyramid.com/member/4795
http://bitcoinpyramid.com/member/5002
http://bitcoinpyramid.com/member/5203

Lol that sucks... are there any big earners?

All you have to do is look. :P
http://bitcoinpyramid.com/random

just joined and made deposit. :o

http://bitcoinpyramid.com/r/9415

We need someone to make a nice banner for the ref links for sigs.

NEW REFERRAL LINK http://bitcoinpyramid.com/r/9420 (http://bitcoinpyramid.com/r/9420)

Been a small rush of activity recently... waiting for some of it to spill randomly my way... getting close...

I the random payment are not completely random. The more that you deposit, the greater the likelihood of receiving a payment. #519 deposited 37BTC and has gotten 54BTC in randoms in a year.  Tho I wouldn't suggest they anyone put 37BTC or more into it. A greater than average deposit would be prudent, if you choose to play. I would like to know how to determine the avg deposit amount so you could position well into the above average percentile. I just joined yesterday with .53BTC and have two paid refs and one unpaid, hoping to see a random in a day or two.

If you want to test this out by deposing 37BTC or more, I have included my refferal link for your convenience.
http://bitcoinpyramid.com/r/9415  ;D

According to the "Stats" page, there has been 687.219 btc deposited from 1783 depositors.  That yields an average deposit of .385  Now if you want to include all the non-depositors, the actual average is .073

Hello! I signed up for the project and transfered 0.04483594BTC. Will I receive the payment, provided that sign up on my link referrals and also transferred its contribution? How many referrals do I need to receive payment?

Refferral link http://bitcoinpyramid.com/r/9386

You'll get your payment as soon as your balance hits the threshold of 0.021 btc.
You'll get about 50% of your referrals payments, but when your withdraw, some
amount of it goes to pyramid and to your sponsor. You can find details here:
http://bitcoinpyramid.com/rules

Registered

Referral link: http://bitcoinpyramid.com/r/9444

Just registered..soon will deposit!!! ^^

http://bitcoinpyramid.com/r/9614

Okay, The lovely and talented Tradefortress gave me a red mark for this but I am going to pass it along anyway as we are all part of a pyramid. The fun and interesting bitcoinpyramid!

https://bitcoinera.net/?ref=kbroadfoot

This link leads to a interest paying bitcoin wallet. They make some pretty big promises, I will not lie.
However:

1) I got some small change from someone who signed up under my affiliate link. This affiliate system goes down three levels.

2) They payed the promised interest on deposit already this month.

Conclusion: So far so good. Does this mean they can't simply shut down and run away with your coin? No... they most certainly could.
Will they? I do not know... However all that being said I am in it for 0.1 BTC.

PLEASE DON"T CALL ME A SCAMMER. I am not. I am just bringing you INFORMATION.

I have a feeling these folks are legit but will find themselves unable to pay the promised 6 percent and will simply reduce it down the road. Or then again, maybe they will pull it off... Or they could be running the  'Long Grift' I DO NOT KNOW...

Ken

https://bitcoinera.net/?ref=kbroadfoot

this looks promising ^^

https://bitcoinera.net/?ref=sickdoctor

arsenische, can you translate your website in Russian? I think there are a lot of Russian people ready to invest in such project.

Good idea, thanks! Not sure if I can find time to do it in near future though.

Chinese translation may even be better considering btcchina is online now....

How the hell do you make money from this? Its a pyramid scheme so yea....

Feel free! http://bitcoinpyramid.com/r/9848 (http://bitcoinpyramid.com/r/9848)

http://bitcoinpyramid.com/r/9117

how do this work?

1 - Deposit BTC.

2 - Don't expect to ever see it again.

I can't believe people are still falling for this.

If people who invested in this pyramid are enthusiastic about it, they probably think this project needs new ideas and further development.

What can be done:

- translate to other languages
- add a-ads (https://a-ads.com) code to increase the frequency of random payments
- go opensource to increase trust to the system
- improve the interface, nicer design, authorization via bitcoin address (e. g. signing the random message given by site)
- HTML widgets that could be embedded by members in their sites or blogs to attract new referrals
- allow each member to contribute some content, e. g. to set a message with a hyperlink and upload an image... so each member would be represented by an icon, and we'll see some content on the member's page, and also a gallery of members' referrals.. that could be fun to navigate through hierarchy and watch all those galleries.. thus increasing the advertising revenue of involved members or a pyramid as a whole.
- accept alt-coins via gateways (that would convert them to btc)
- change rules, e. g. limit the profits of the winners or allow to buy higher position in the hierarchy (swap nodes for money), reduce withdrawal theshold.. or something else...
- allow each member to vote on initiatives regarding the rules change and further pyramid improvements (votes are not equal, but are proportional to amount of money deposited by voters)

There can be many more ideas, these are just the few that came to my mind during creation of this post.

The problem is that I am NOT going to implement any of them in near future.

I started BitcoinPyramid in July 2011. It was fun and helped me to learn more things about Bitcoin and to earn some money to play with too. But for some reason BitcoinPyramid is not exciting for me anymore. I am keeping the pyramid alive mainly because it is my obligation towards its members (and I plan to continue doing it as long as possible of course).

Dear members, thank you for your trust and support! BitcoinPyramid has been built from your money & your referrals, so I'd like to hear your voice.

What do we do next: 1) just leave it as is, or 2) try to find some man or group who will take it over, or 3) try to sell it and distribute money among all the members in proportion to their bitcoin contribution?

If there are some trusted & respectable members, who are interested/enthusiastic about improving the pyramid and are ready to take over the project, I would gladly delegate the project to them.

It is sad that so many of my positions are ruined due to tradehill and instawallet going out of business...  if you were to sell and split based on  amounts deposited I would lose out on a few BTC..

edit: nevermind!

The pyramid is transparent, it doesn't contain any secret data. Why do you think it is not secure?

Thats alright then!

Thought I had come across the backup page by mistake. Didn't realise it was intentional.

10,000 Pyramid Users! ( No deposit, though, but the 10,000th position created... )

But Russians are rather venturesome. I think,they can invest in pyramid schemes more readily.For example,the pyramid scheme by sergey-mavrodi.com started in internet in 2011.According to analysts'estimates it attracted more than one million dollars.

Pyramid down all day?

Back to normal, sorry for downtime.

Registered yesterday and made some deposits! but still not in my account balance! is there a time gap between deposit and acceptance?
ref link http://bitcoinpyramid.com/r/10115.

Yes, it requires 6 confirmations and may work with some lag. I can see that your first deposit got accepted, whereas the second one has only 5 confirmations yet.

Heya fdeabreu2u...   This pyramid works but it is all about being patient....  good luck!

http://bitcoinpyramid.com/r/10164

mate I sent 0,01 BTC and I got a coiuple guys I reffered but I havent got any money yet
what do I need to do now
I post my affiliate link everywhere

The pyramid worked way better when BTC was cheap...  but it still limping along....  it really is all about getting PAYING referrals. And luck...   the random payments are luck... Just keep posting your referral address and let it be....

arsenische, can you check the bitcoind on the pyramid again? Been nearly 8 days no activity...

oops, sorry, you are right, fixed it. about a dozen of delayed transactions have been processed. thanks for reporting!

Bitcoin Pyramid is very nice,
check also new Ponzi game in my signature. For referral you can get 10 percent from his earned money and there is also bitcoin faucet.

Hello.

I just joined and I sent 0.0046 btc to my deposit address: 1YZVN6uRZodPuZNiaKy9m73CFYfxZGkCd
The transaction has now 14 confirmations but is not showed in my Bitcoin Pyramid balance.  How long takes it to update the balance?

Thanks

http://bitcoinpyramid.com/r/10624 (http://bitcoinpyramid.com/r/10624)

[EDITED]

Balance is OK now, thanks :)

Wow.... something odd is happening....before we played the pyramid for huge amounts.... like 2 BTC and such... that was like 10 dollars.... NOW a payout of 0.017 is actually BIGGER than 2 BTC was in the beginning.... talk about coming around full circle.....

I suspect we may see some play in the pyramid yet....

http://bitcoinpyramid.com/r/10795

You know you want to!

Dear pyramid members.

Bitcoin Pyramid has been working since 2011 and I have been doing my best to protect the members' interests since that time. But Bitcoin price raised a lot and it repels new users from joining the pyramid.

According to Pyramid Rules (http://bitcoinpyramid.com/rules), "Rules are a subject to change.".

So do you think it is acceptable or desirable to change the rules so that all the moneys are accounted in USD (not in BTC) and all past deposits/withdrawals/balances should be recalculated accordingly?

It would debase deposited funds but it would probably allow much more new users to join. And there are plenty of potential new users due to the recent rapid growth of Bitcoin community.

Moreover it increases our chances to find some person or group who would take over the pyramid and develop it.

Please let me know what you think.

Thanks for your ideas, I need to think them over.

I like the idea of providing additional incentive for new deposits. But I don't like restricting the pyramid to paying members only. Bitcoin Pyramid is a chance for poor people to get their first bitcoins. Free members that contribute to the Pyramid by attracting paying members should be rewarded. That is to common good.

Also I think your solution doesn't solve the problem. The problem is that people who deposited to Bitcoin Pyramid in 2011 have got a huge advantage due to Bitcoin price increase.

The Pyramid was supposed to be a fair system that rewards people in proportion to their financial and promotional contribution. But now newcomers can't compete with members who deposited BTC in 2011. You need to deposit thousands of dollars worth of bitcoins to get a real chance of receiving a random payment worth of few bucks. That's insane.

I think that Bitcoin value is not a good unit of account yet. That is why the Pyramid: a) shouldn't charge fixed bitcoin fees; and b) probably should account financial contribution of its members in USD (according to historical exchange rate at the time of contribution). In that case USD inflation would probably make the system sustainable without additional annual fees. Or maybe we could use some artificial unit of account instead of USD and inflate it automatically if people don't deposit funds to Pyramid.

How about a moving average of each user's payments? Lets say 365 days. This would generate an incentive to users (even current ones) to make additional deposits without many changes. And I think this wouldn't be unfair with existing users if we use a relative long period in which users could profit from random payments' earnings.

Also, I don't think you should abandon the use of bitcoin as a unit of account yet... maybe it would require some adjustment in the deposit values once in a while when bitcoin moves in favor/against the dollar: 0.01 BTC is now worth ~ $10, what would be a good amount? $5 (0.005) $1 (0.001)

Anyway it is just an ideia. I think these two could help to avoid the problem without giving up the entire idea.


Regards,


Adriano

Wow, I like this idea!

Hi Philogus,

I agree the main point is to turn most of the users into paying ones. They can "pay" either with coins or bringing paying members as referrals.

I will try to get the data and do some analysis on it to see if I come with a better suggestion. Hopefully there aren't many cases like yours and we can start with the moving average only for the users that have already profit from the random payments. This will increase the chance for the ones that haven't yet (as well as the new members that arrive).

I have a couple other ideas but they are very crude yet and I need to sleep on them in order to see if it make sense.

Adriano

Wow, one of our major members is here. Thanks for joining the conversation, your opinion is very important!


Yes, those who spent their bitcoins in late 2011 (when it was worth $5) missed an opportunity to spend them now for $1000. However if those who deposited 10 btc in late 2011 get at least 0.05 btc today then they break even (i. e. get back about the same amount of purchasing power as they contributed). Let's be realistic: it is quite unlikely to get $10 000 worth of bitcoin from the pyramid at its current state anyway. Nobody would deposit to the pyramid if even major members don't profit from it. However in terms of USD major members could profit!


Yes, that's the goal. It could be much easier to achieve in terms of inflating currency (rather than exponentially deflating). That's why I am still thinking about converting everything to USD. What do you think about it?

Also maybe we could somehow discriminate the winners as Adriano suggested. Though not sure about it. Ideally winning members should be interested to deposit their profits back into Pyramid in order to increase their long term profits.

Philogus, I like the idea of adding some value to the Pyramid (increasing advertising revenue, motivating some other kinds of members' participation, e. g. content creation... we could brainstorm the ideas..).


But those who don't pay and don't bring in (directly or indirectly) paying referrals don't get money from Bitcoin Pyramid. Let me remind you of these rules (http://bitcoinpyramid.com/rules):



So if they attract paying members, then they can get no more than  0.01 btc at a time. Let's say you are a free member and you attract a referral that pays 1 btc. You could receive 0.5 btc from it, but you receive only 0.01 btc because you didn't deposit anything. All the remaining funds (0.49 unreceived by you + 0.5 btc) btc will be distributed among random members with respect to their deposits. E. g. if the selected random member deposited only 0.1 btc then s/he receives only 0.11 btc from 0.99 btc. The remaining 0.88 btc goes to other random member, etc. Thus you got free BTC and kind of happy, but you brought much higher profits for paying members.

At the early stage a lot of free members were reinvesting 0.01 btc amounts they earned from their referrals in order to earn more in future. I still think it is a good mechanism. It doesn't work well probably because 0.01 btc is a lot now.  It should be changed to 0.0001 btc probably, or perhaps it should be always equal to ~0.1$.

I think in Keeping it fair
Randomly Select USD vs BTC value calculation for who gets a random pay out
and Separately Randomly Select USD vs BTC value Calculation for what a maximum payout is.

not sure if usd vs btc value randomness should be 50/50 need to think about it, see what others have to say.

Next 1) 2) or 3) what ever comes this way, as long as if there is a new owner they have similar ideas and dedication to keeping it running and fair.

on keeping it as is, maybe after implementing some type of dollar value calculation, and maybe some randomness.

just had a thought for more fun..
Instead of tying the price to dollar randomly select USD/Silver/Gold/EUR/LTC

What about changing "1/2 goes to a random member" to "1/4th goes to a random member, odds weighted by their deposit AND 1/4th goes to a completely random member regardless of deposit amount"

Also, some method of removing non depositors would be cool. Maybe after a certain amount of time? Of course that sounds like a nightmare to program for a database...

In terms of fairness: Old adverts paid for back in 2011 still outweigh new adverts purchased today. Bitcoinera bought an add for 2 BTC ( like 600 dollars ) that is still outweighed by ads for things that don't even exists anymore... Ads should be weighed in fiat ( dollars? ) and the con side should also be, for sure... that would bring more advertising... PLUS the ads 'maybe' should have a hit/display count...

What do you think about the concept of the aging deposit ?
for example
"Everybody for support of presence in the pyramid is required to make a deposit with a frequency of 1 every year"

I am in doubts. This measure would encourage new deposits from early members. But maybe it would be nicer to give incentive for recurring deposits (rather than to extort payments from existing members).

So far I like the idea of recalculating the whole transaction history and converting it to USD (or even to artificial game currency that could inflate ~10%/month vs bitcoin). It would allow members to receive a lifetime ever-decreasing income and it would give them incentive to increase that income by depositing money or by attracting new members. If Bitcoin Pyramid is saturated, there will be a delay in deposits... But at some point new members would get an advantage due to inflation, so they would enter the pyramid and thus recover some of the losses of unfortunate older members and generate profits for fortunate ones.

It isn't dead yet!  0.5 BTC dropped into the pyramid today  ;)

 I do support this initiative - we should convert deposits into Linden Dollars and get all the Second Life folks ;)

If you don't refer peoples or don't have referrals, and you deposit something you will lost them all..
It's just good for peoples with lots of referrals..

Feel free to join under me :) http://bitcoinpyramid.com/r/11371

Hey guys; I've been working on a similar but different pyramid. With the emphasis on transparency & simple rules. Could I link to it here for some early feedback?

http://bitcoinpyramid.com/r/11507

Part of the pyramid... Oh yeah!

Thanks for asking. I think Bitcoin Pyramid members deserve to be among the first people who know about it.

Let's see how the simplified version of rules work. Sign in under my ref: http://pyramidofcoins.com/r/15hV8FxJkc4V6pmDGeWkGBCTM6oW1q8mXe and I will spend up to 1 btc to oppose outdated pyramid ads (http://bitcoinpyramid.com/ads) thus generating some revenue to existing members. According to Earnings Estimator, 27 referrals with depth of 2 are needed  :)

Nice one; thanks!

Received my first payout from referral of http://pyramidofcoins.com/r/15hV8FxJkc4V6pmDGeWkGBCTM6oW1q8mXe , sent 0.025 to oppose the outdated ad http://bitcoinpyramid.com/ads/80

Looks like fun... I will participate... as the bitcoin pyramid was nice to me today  ;)

Hey I made a deposit over a month ago it was not alot but it was all i had and i havent even earned 1 referral why is that Demon27  :D

Love is the meaning of life, and the answer to your questions*
18GTHL5fD4BmaZLb4WKd8wWRFGh7T4M1rJ

The bitcoinpyramid is not a 'forced matrix' pyramid.... you can make your own mini pyramids above your position... but your position will never be filled in without some work... you need to advertise your referral link to get referrals... This is NOT scientific but after roughly 100 folks get signed up under you in some way or another then it reaches some sort of saturation where it grows without your help...

The value of a single BTC rises thus newcomers have to invest a lot, so I suggest to include "burn down" function that decrease deposited value over time.
This could encourage more frequent payments of old members and equalize BTC/USD ratio among old/new members.

Just joined a couple of days ago after seeing it's legitimacy (have not seen anything that says it is a scam, although 'pyramid' might make alarm bells ring for some others). Deposited 0.0023 BTC through the site, so if your member id is 11231 then you will have been sent 0.00165 BTC to your account :). Am hoping to get some referrals so I can start feeling confident this might actually work. If anyone wants to join under me, you can sign up under my link @ http://to.cur.lv/bitcoinpyramid :).

blockexplorer down today  :(    blockexplorer may have outlived it usefulness... can the bitcoinpyramid be redirected to blockchain.info instead?

The pyramid is alive... in spurts... I got about 0.140 BTC from it in december.... new members arrive daily but most don't deposit...

http://bitcoinpyramid.com/r/12521  -- Well here's my referral link. Worth a shot I suppose.

Thanks to anyone.

Hello,

I became a member of the group almost two months ago. I am very interested in helping to develop, grow and spread the word about the program.

I want to voice a suggestion of restructuring the format to a basic, and straight forward format that would entail members joining the group with a required specified amount, for example: 1 BTC. Every new member would fill in equally and move up equally, regardless of referral or not. So with a 100 person group, the payout for exiting a 1 BTC structure would be 100 BTC. The reason this format could be more effective, is because we would have at least one person reaching the top and getting paid out everyday! This fact would multiply interest in the system and create momentum. The motivation for members to promote the system and bring new members in could be greater this way because it would eliminate non paying members taking up positions, the payout would be much more attractive and frequent, and therefore more exciting!

I don't know if this is something that has been attempted in the past, if not, then we should open a discussion about this. The oldest working pyramid in the bitcoin domain should not only be alive, it should be thriving!!

What I don't understand is how the unlimited hierarchy helps you. You receive 50% of the income of your direct referrals but nothing from indirect referrals.

Not exactly right. Please see http://bitcoinpyramid.com/rules for details.


Yes, should do this.


Thanks for your idea. Though not sure how it fits the current pyramid hierarchy (that should be preserved). I'd prefer just to convert all the balances & transfers into USD or some rapidly inflating currency. But I don't have time nor enthusiasm to do it.

Probably I should release the sources and transfer the domain name to some responsible party who could run & develop it. Maybe I should sell domain for bitcoins to that responsible party and distribute them among existing members with respect to their deposited money.

I have two addresses that i created at tradehill.com years ago and instawallet. The money you distribute in those three address would simply be wasted money as all the money going into them now is.... it is so sad..

Just joined and I love the site so far don't change it!   :)

Here is my member link:
BitcoinPyramid.com (http://bitcoinpyramid.com/r/12839)

Join using my ref link. My children are hungry.
http://bitcoinpyramid.com/r/9415
http://almostnerdy.com/wp-content/uploads/2013/12/Bennys-Song-Five-Kids-to-Feed-1990-Total-Recall-Music-Video.jpg

One suggestion I had, was adding a feature/pool that benefits members that have deposited more recently. That would encourage people to keep depositing into the system. Or is this already implemented?

Mine spills into a cold wallet:

1Ampeg7EzBvMn7DEpYd1rdmaKFkUREF5hY     ( My Ampeg SVT Savings Account )


http://bitcoinpyramid.com/r/12345    Join up here!


Thank you and Rock on!

The early early adopters deposited much more because BTC was cheaper back then... one of the ideas that the dev was bandying about was converting all the deposits to fiat based on the time they went in... it would add fairness to the system... sort of..  a lot of early adopters might be upset...

It is a complicated experiment...

Fun to watch though...

My regret is using Tradehill ( old version ) and instawallet for some very rich positions... and I don't get the benefit anymore... they closed and I don't have the privatekeys to those addresses. And he made it so you can't change them... ever...
It really sucks...

i might give this a try

BTC a little cheaper... tiime to participate...

BTW my pyramid friends....  look at PMC ( premine coin )...

IF I had the server and software I would try a repeat of the Bitcoinpyramid with premine... it would be fun  :)

Dev?

We would give you a few t do it...

https://bitcointalk.org/index.php?topic=427519.0

Cool program. 

Here is my link :)


http://bitcoinpyramid.com/r/13915

Hello, we just developed a Pyramid scheme, but with a completely different rule set: there is no central wallet, payments are made directly by members to other members (thus nobody need to trust the site owners with money, we couldn't disappear with it even if we were crazy enough to want to); each new member pays a fixed sum to the 5 members directly above in the Pyramid, and then receive payments from the members who join below him/her. Of course, this requires a fixed payment, thus, in order to accommodate members wanting to invest different sums, we had to split the system into multiple Pyramids.

I'm not directly advertising the site link here because it just wouldn't seem fair; if you want to have a look at it, the site URL is in my profile and the discussion topic is in this same forum. Any feedback is of course welcome.

Care to exchange some idea about Pyramids, and maybe some ads?  :)

Since the recent update has reduced miner fees, can the game get a reduced minimum payout, and fees?

I am new to the pyramid, i like a lot the idea!

But now I need referrals  ;D  >>>> http://bitcoinpyramid.com/r/14270

A payout today! For someone...

Plenty people sign up, but nary a deposit...

Hi,
Can you explain how it exactly works? If i understand it i can participate and be a refferal of someone. What is the potential to earn money on this?
BR,
Gondel

It requires patience! When it first came out BTC was about 2 dollars each and there was far more participation...

You get paid when you refer and a person deposits ( obviously optional )
You get paid when a random payment comes your way.

You chance of hitting a random is porportional to your investment.... so people who dropped 50 BTC in in the old days have a greater chance of hitting a random....

Each deposit you make is split in half:  half to your sponsor and half to a 'random'

However you can only have what up to what you deposited.

If you deposit 0.1 BTC and your referal deposits 2 BTC you only get 0.1 BTC and the other 1.9 BTC heads off to a random....
The exception is the 'no deposit' person....  they can get up to 0.001 from a referral

Also the no deposit person is HIGHLY unlikely to get a random payment at all...

The position ( number 1 ) is also a strange case... they give up half of everything to a random as well...

There is no real 'special' position on the pyramid except those who have a lot of referrals and a large deposit get the most randoms...
And the one just below that person tends to do well...

BTC being so expensive has slowed this pyramid down a lot.... when BTC was cheap there was payments every 10 minute ( i.e. BTC block ) it seemed...

You would probably get more participation if you reset the site every 6 months or so, or rebalanced the rewards based on the dollar value of bitcoin at the time of deposit.

As it stands now, a lot of the top advertisements are going to bad URLs/non-existent sites.

Also the people who deposited 1 BTC or more are getting all the "random deposits".

If these deposits were made when BTC was trading for $3.00, it's not really fair for new members to pay $300+ in order to compete.


Check out my list of Top Cloud Miners ranked by Profitability!!
https://sites.google.com/site/freebitcoinsforall/ (https://sites.google.com/site/freebitcoinsforall/)

There are many things that can be done to improve the pyramid, some of them were mentioned earlier in this thread, some of them are trivial to do. The Pyramid is still in Beta and rules are a subject to change (http://bitcoinpyramid.com/rules), that gives some flexibility.

I am pretty sure it is possible to get more traction for this project. The problem is I am not sure I want this to happen.

So I am thinking about selling the project (domain name, source codes, database dump, bitcoin keys if needed) to somebody who wants it and to distribute the money to the pyramid members.

Here is how it could be done:

1. create an auction for Y days with start price X btc, wait for auction to complete and for winner to pay bitcoins
2. process the database and calculate the USD value of each member's deposit (using the historical average BTCUSD price for the day of deposit)
3. distribute bitcoins received from an auction winner to withdrawal addresses of pyramid members with respect to USD value they deposited
4. decrease withdrawal threshold from 0.021 btc to 0.00021 btc to trigger payouts of unspent balances
5. pass the domain name, source code, database dump and bitcoin addresses to the auction winner

Do you think it is a good plan?

What are the good values for X and Y?

Should there be any additional conditions for the auction? (e. g. should the auction participants promise to keep the service alive, to preserve the userbase, to preserve the pyramid ads, etc?)

Why are you bringing fiat/USD rates into this equation ?

http://bitcoinpyramid.com/member/4795
http://bitcoinpyramid.com/member/5002

Lets not mix oranges and apples. Okie ?

0.12171888 BTC me plzzzz. ;D

Because payouts should be proportional to the value transferred into the pyramid. Bitcoin is too volatile to be a good measure of value yet. USD fits better (ideally we should consider USD inflation too, but it is not that significant).

Does it sound convincing?

I think if the new owner preserves the hierarchy and doesn't significantly change the rules, s/he should debase members' weights with respect to historical USDBTC rates. It should give newcomers more incentive to make deposits and generate income for existing members. It is better to have a lower share of a larger income than to have a higher share of ever-decaying negligible income, isn't it?

This is just a suggestion, I am posting it here to get your feedback. Would you like to preserve the pyramid in its current zombi-state, or would you prefer to sell it and to get a proportional share of its price?

There is a chance that new owner will develop and promote the pyramid and there is a risk that s/he will destroy it. I don't know, not even sure if anybody buys it.

Do you think anybody would like to buy the pyramid? What should be the minimum price?

hello i need to change my bitcoin(withdraw) adress in bitcoin pyramid! How or where can i do this ???

Sorry, the pyramid is read only, there is no way to verify that you own your account unless you own your old address.

i own my old adress but i forgot my pass :(

You mean you forgot your wallet password?

yes forgot my wallet pass stupid me  :(

How to solve this?

Is there any way to get your pass back?

You need to decrypt your wallet. If you remember a fraction of your password or likely parts of it then there should be tools that allow you to try all the combinations. I never used such tools though, but would like to know about them too.

ok thx i try to find out ! i think i remember parts of it .

does it still works?

i want to ask same quesştion :)
i remember that site maybe one year before
when i saw this topic i was in shock :)
does it still alive?

yes, kind of. you can check it here: http://bitcoinpyramid.com/history

the problem is I don't develop it, a lot of things could be done. so I am considering to try to sell it (see https://bitcointalk.org/index.php?topic=29390.msg9843427#msg9843427)

do you think anybody would buy it? how much could it cost?

Ok, here are the options:

1. I got a request from a member who looks trustworthy. He could create a new anonymous account at bitcointalk, take over the pyramid and develop it. He is likely to preserve the hierarchy and protect the interests of existing members at the same time making the Pyramid more attractive to the newcomers.

2. I can try to auction the Pyramid with starting price of 10K USD in Bitcoins. Not sure if anybody would buy it, but if it happens then every pyramid member could get a compensation based on the average USD value of his/her deposits (at their respective dates).

3. I can auction the Pyramid with starting price of 100 USD in Bitcoins and partially compensate pyramid members based on ~USD value of their deposits.


Which option would you prefer?

If I auction the site, I don't know who will win the auction and if that person would preserve the hierarchy. That's why compensation is important.

But probably there are members who lost their bitcoin addresses or don't want to be compensated. I could give some time for members to claim their compensation and after that I could compensate only the ones that did so. Should I require to claim a compensation? If yes then should I require the claims to be signed by members' withdrawal addresses?

I'm not exactly sure what I need to do to get in this, I made my member account with my deposit address, but how to I get people to help me and how do I help others?

http://bitcoinpyramid.com/r/17119

Bitcoin Pyramid is for sale! (https://bitcointalk.org/index.php?topic=923707.0)

Here are few important news:

1. Bitcoin pyramid has been auctioned and sold for 0.52 btc (https://bitcointalk.org/index.php?topic=923707.0) to user bitcoinpyramid. I hoped to get more money for it but I am happy that bitcoinpyramid won because s/he is enthusiastic about development of the service and I think s/he can be trusted.

2. Domain name ownership has been transferred but still points to my server. We are working to migrate to a new server (that I don't have access to). Registration of new members is temporary disabled, sorry about it.

3. As promised, withdrawal threshold has been lowered, many members received withdrawals today.

4. I created a weighted list of withdrawal addresses (http://btcrelay.com/paylist/222) of members that spent more BTCs than received them and sent the money to it as a tiny compensation / gratuity for participation (should arrive in a hour or so). Update: it sent out ~0.47 btc in 4 transactions: 1 (https://blockchain.info/tx/a86900941eb4bc49ddeb469acb7f24514ccf51fffd0d0cb51d6dd86c724d4238), 2 (https://blockchain.info/tx/5f1c768ed5a5f4e8602bf0480a2f131ef624dfb40cb50dd3bb86f6a6ae96bda5), 3 (https://blockchain.info/tx/03e9c40373e8689207c6d93012c973cb6b1f636981d6386c304cc4d42b8e0955), 4 (https://blockchain.info/tx/8ac35a57655624af91ca235c6f223275cd530d483d756f42fb4708963b7dd63c). Other transactions failed because amounts are too small and bitcoind considers them dust, sorry.

I will let you know when transition is finished and will give a link to a new official thread of the Bitcoin Pyramid.

Update: new official thread is here: https://bitcointalk.org/index.php?topic=947148

The pyramid migrated to a new server, member registration is available again. I am locking this thread, please discuss here (https://bitcointalk.org/index.php?topic=947148).