Bitcoin Forum

Other => Beginners & Help => Topic started by: Bitman_Begins on August 12, 2011, 07:43:41 PM



Title: Join the Randomizer and make some Bitcoins now!
Post by: Bitman_Begins on August 12, 2011, 07:43:41 PM
Please use this referral address to join up to the Randomizer http://rand.bitcat.ch/?ref=128

It's a great idea, all you have to do is transfer 0.5 Bitcoins to them and you get the chance to win random Bitcoins after every new member that signs up! So you could be earning $$$$'s of BTC in no time as there are still only 132 members. What happens is, every time a new member joins and pays their 0.5 Bitcoins joining up fee, most of that amount is re-distributed at random as donations to five other members. Everybody has an equal chance to win, and at this stage, you are bound to get plenty of money due to the low number of members. Plus, you get a cut out of the donations given to anybody you referred to Randomizer as well!...  8)



Title: Re: Join the Randomizer and make some Bitcoins now!
Post by: Raeldi on August 12, 2011, 07:49:58 PM
Have you been out yet once? I'm wondering if they're legit :).


Title: Re: Join the Randomizer and make some Bitcoins now!
Post by: ffuentes on August 12, 2011, 09:32:55 PM
Have you been out yet once? I'm wondering if they're legit :).

Scammer!


Title: Re: Join the Randomizer and make some Bitcoins now!
Post by: Stefanie Andrea on August 12, 2011, 10:21:11 PM
how is it a scammer?


Title: Re: Join the Randomizer and make some Bitcoins now!
Post by: Bitman_Begins on August 12, 2011, 10:22:49 PM
LOL who is a scammer?  :D


Title: Re: Join the Randomizer and make some Bitcoins now!
Post by: ffuentes on August 12, 2011, 10:23:37 PM
how is it a scammer?

Raeldi didn't pay to other user its BTC.


Title: Re: Join the Randomizer and make some Bitcoins now!
Post by: elux on August 12, 2011, 10:40:24 PM
get the chance to

Quoted for emphasis.

A ponzi-lottery? Creative.


Title: Re: Join the Randomizer and make some Bitcoins now!
Post by: elux on August 12, 2011, 10:50:01 PM
you are bound to get plenty of money

Certainly not. You need to "win" 4 times at 0.125 per round to break even.

Also, with the source not up for inspection there is no way to know if this is a true random lottery - or biased in a manner favourable to the developer.

(Who could take the site down and walk away with the remainder of the prize-pool at a time of his choosing.)

Do not want.

Not one bit.


Title: Re: Join the Randomizer and make some Bitcoins now!
Post by: Stefanie Andrea on August 12, 2011, 11:14:45 PM
I'm playing http://rand.bitcat.ch/

and i already broke even  :D


Title: Re: Join the Randomizer and make some Bitcoins now!
Post by: Bitman_Begins on August 12, 2011, 11:27:27 PM
 :P You gotta be in it, to win it. Looking at the stats on the site, it is those that have been there for several days or weeks that are withdrawing meaningful amounts. Now if you have a few referrals, you could be withdrawing multiple Bitcoins as you get a 'cut' of the winnings every time one of your referred members wins! This is still new, and the point is you have to be 'Bit' more patient and see what you might get. It's only 0.5 BTC chriss'sake! That's worth less than five bucks these days. And I myself was referred by a forum member. Fortune favours the bold...

Stats page so that you can see... http://rand.bitcat.ch/stats