I'm not confident that you'll actually see all of your BTC back, I'm pretty sure he'll give you some just to pacify you but you'll never receive the full amount.
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I think it's interesting that most people hanging around here are so liberal when it comes to weapon and drug trade but get all christy when it's about Ponzi schemes, because they're soooo illegal. I'm not defending ponzis, but to be honest if you can't handle it, turn off your computer, and you won't be exposed to it, I promise.
That solution is one so extreme that it's stupid. It's equivalent to someone living in poverty and getting told they should kill themselves if thy can't handle it. Back on topic, ponzis are a pain in gambling and should be moved.
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You don't need a loan, and you haven't specified how you are going to pay back. Trust me, your not going to be able to scam anybody with something this stupidly obvious...
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Not quite.
1) These are not investment opportunities - at no point are they sold as an investment, at no point are returns guaranteed 2) There is no encouragement for players to arrive late in rounds - the majority are smart enough to wait until the next round in hope of achieving their desired return.
1. Please understand what an investment is before you try and argue a moot point. Investment (Merriam-Webster) - the investing of money or capital in order to gain profitable returns, as interest, income, or appreciation in value. It is irrelevant whether there is a "guarantee" on returns. Try rebadging shares as something else because there is no "guarantee" and you'll get laughed all the way to an asylum. 2. Understand semantics before you argue. "early investors are paid off with money put up by later ones in order to encourage". People are encouraged by the fact that some idiot earlier in the queue is getting paid off with a later guys funds and hence wish to join in too.
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I suggest you first define a ponzi and then define what the majority or sites are offering - do true ponzis label themselves as Ponzis? No. Do true ponzis warn investors they may not get their money back? No Do true ponzis have "rounds" which occur when funds dry up? No.
There is a clear difference.
Defined by Merriam Webster. Ponzi - an investment swindle in which some early investors are paid off with money put up by later ones in order to encourage more and bigger risks Your site and many others fit this bill to the tee. Case closed.
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Gambling games based on the ponzi-model. There's a difference.
No there isn't. Your simply trying to make a distinction so you that can stay in the gambling section and keep your mass of idiot newbie users to help line your pockets. Just because you declare something, doesn't make it any more legal or ethical. It's like you declare your doing tax evasion. It doesn't make a difference, it's still illegal.
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The most logical explanation is the most probable one. In all likelihood, I'd be inclined to think it suffered a major mechanical failure that led to it crashing into the ocean. The reason we haven't found it yet is because we're looking in the wrong place and the ocean is one giant ass place to search for stuff.
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Also the answer isn't written in stone, he may still be swayed by reasonable arguments, but I don't really have a horse in this race, the extent of my gambling is hosting poker night at my place once in a while.
I'm still hoping that theymos changes his mind. I don't mind having ponzis on the site, I just dislike them in the gambling sub. Is the creation of a new sub for ponzis an option even on the cards?
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A: send 0.01BTC B: send 0.01BTC C: send 0.02BTC
ponzi will have 0.04BTC i have 1% fee so A get 0.012BTC, B get 0.012BTC In ponzi will be 0.016 so if someone after c paid 0.01 in ponzi will be 0.026 and C will be payed.
Yeah and then it eventually stops with no more investors and the last guys left to hold to bomb and lose all the coins they put in. Please try again and actual learn that this is guaranteed negative -EV.
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UPDATED: added website , WHY YOU THINK THAT THIS IS SCAM ? Because it is a clear scam to anyone with half a brain. Go look at the definition of a ponzi and then logically explain to me how you can "always" pay.
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Nice story OP, got a good laugh from it. Unfortunately, it didn't pass my bullshit meter which is screaming loudly in my ears at the moment.
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I don't see the harm in requiring 5 posts in the newbie section and spending 1 hour online.
I would prefer it if they could have at least 28 activity before they could be able to start a topic. This would at least stop the crappy topics that are continually started in the wrong boards.
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I don't think that the ponzi games here actually fit into the law book definition of ponzi. They are a ponzi by definition, not to mention that they self-describe themselves as ponzis. Clearly you need to revise your definition of a ponzi. Ponzi - a swindle in which a quick return, made up of money from new investors, on an initial investment lures the victim into much bigger risks.
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Someone was botting to game some stupid altcoin poll, they and all the IPs were banned earlier today. Was ~12k accounts.
Holy crap. Has Theymos never heard of captchas, or are they just ineffective? They can be made ineffective via those captive solving sites that offer poor sods like one cent for solving a billion captchas. I'm surprised the bot made so many accounts before being caught.
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Added.
You need to post your wallet address and the amount of posts you had when you changed your signature. Correct, if you don't do this I'm pretty sure you won't be eligible for payment. My advice would to be to make a new post following the format suggested in the original post.
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Stop trying, can't you see that no one but you is stupid enough to fall for your scam. I'll save you some time: you don't intend to pay back and you don't have a real means of paying back.
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Maybe this will teach you greedy suckers to stop being complete idiots (or maybe not). Either way you only have yourself to blame so don't come crying when you lose more if your stupid enough to repeat your mistake.
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1. Please learn to read. However, it is the extent of this ponzi spamming that has exacerbated the problem. 2. Moot point. Truth is relative can be used for any argument you like. Does not prevent me from voicing my opinion. If you would be so kind as to provide an actual quote where the mods actually state that they think ponzi's belong in this forum. Inaction is not indicative of anything - for all you know they could be considering what options they have. Hence, once again moot point. 3. I'm more than happy for this thread to be moved, it's simply a place for me to express my views. I didn't create the topic so don't ask me why it's in the gambling forum.
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I looked on the 1st page of the gambling forum and I see 7 ponzi threads out of about 35 topics. And 2 threads of people complaining about ponzis.
Nobody is forcing you to use them, all the other threads are still there, and there's plenty of them. I guarantee you the ratio of those who dont mind the ponzi threads far outweights the 5 or 6 people who don't like them.
Flooding the forum with threads complaining about something you don't like is not a good idea though.
I'm going to refute your argument point by point. 1. It is irrelevant how many ponzi posts there are if they shouldn't be here. Having one piece of spam still deserves to be deleted just as a hundred posts of spam do. However, it is the extent of this ponzi spamming that has exacerbated the problem. 2. Doesn't mean they belong in this sub. Stick them in their own sub for all I care, just not in the actual gambling sub. If your willing to guarantee, put me up for a bet as to whether I can or cannot find 6 people who do not believe ponzis should be here. 3. Don't associate my dismissal of ponzis being in this sub, with the proposed actions of others. Let them speak for themselves, but I am not representative of them.
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This is BS and you know it. Weather it's an actual ponzi or, as another one of you ponzi lovers put it, a 'skilled gambling game', so fucking what. The fact of the matter is the whole forum is spammed up with the word PONZI. Great advertisement for new members looking to get into Bitcoin. Your just fuelling the media's detrimental portrayal of Bitcoin and the community.
May as well just change the name to 'Last person in loses all their money with additional probability of getting scammed, game'.
Of course it's just complete crap. That guy is a ponzi operator - what else did you expect a guy who is greedily greasing his pockets with schemes that are generally considered to be at least unethical if not illegal depending on what country your in to be saying.
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