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221  Economy / Investor-based games / Re: BTC-Flow.com ★ Business Ponzi Game ★ 200%+ Return ★ Invest BTC ★ Referral on: February 16, 2015, 10:43:08 PM
Sorry Dave, maybe in the next life. Forever means forever on this earth. Not reading more of you.
Dude you were the one asking for me, remember? The funny thing is that I did not even look after you, you just happen to post second before me, which is hilarious.
Where´s that spreadsheet guy ? Any new wisdoms from him ? Another one of those totally useless yokels.
You have quite an ego if you think I posted this for you. I know what ignoring means so I did it first for myself and second for the rest of the thread. No need to reply, of course. Maybe this one you will actually do what you said.
222  Economy / Investor-based games / Re: BTC-Flow.com ★ Business Ponzi Game ★ 200%+ Return ★ Invest BTC ★ Referral on: February 16, 2015, 10:29:33 PM
Newest version, checked with someone else (formulas were OK) and improved, documented and editable, so no need to create a copy. Click the image to go to the spreadsheet.


223  Economy / Investor-based games / Re: BTC-Flow.com ★ Business Ponzi Game ★ 200%+ Return ★ Invest BTC ★ Referral on: February 16, 2015, 08:42:26 PM
i have still problem with loading of site properly, it's not working for me Huh
DNS propagation. Take times, not much thing to do except editing your host file to override DNS query. If all of this sounds gibberish to you, two possibilites:
- the easy one: just wait, up to 46 hours
- the geeky one: https://www.google.com/search?q=how+to+modify+host+windows (or any other, I assume you are on Windows)
224  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MINT] 2015 Roadmap + New Podcast | New Desktop Wallet coming soon... on: February 16, 2015, 08:24:46 PM
Hi, a short notice to tell that I decided with Jessica to not renew mintcoin-central.com. If someone wants it, contact me - I will give it for free, as long as I trust the person.
225  Economy / Investor-based games / Re: BTC-Flow.com ★ Business Ponzi Game ★ 200%+ Return ★ Invest BTC ★ Referral on: February 16, 2015, 04:46:21 PM
Back online.
226  Economy / Investor-based games / Re: BTC-Flow.com ★ Business Ponzi Game ★ 200%+ Return ★ Invest BTC ★ Referral on: February 16, 2015, 01:11:39 PM
It would be much better for these idiots to just spend say lousy ten bucks on this game and experience it first hand instead of babbling nonsense about it.

I updated my post but I would have appreciated you point me where are my mistakes on my formulas, instead of just playing big boy. This would have been more constructive. If such mistake is pointed at, I would of course update the post accordingly.

In any case, it seems Cunningham's law is verified.
Your problem in calculation is, that you assume, you have to play and click all the time. This is correct for the lower levels.
But e.g. for level 5 you have to do only one click every 10 hours. This is really easy to handle. You can also do this on your mobile or tab, if you have no internet at work.
I worded this terribly, I concede. By "10 hours a day", I did not not mean "10 hours constantly checking". For level 2, you may set up an alarm every 30 minutes, so you only "work"  10 minutes (600 seconds, 30 seconds every 30 minutes). For higher levels, this is even less "work".
If my calculation is wrong, though, this is not here, this is in calculating the ROI - which is independant of the amount of "work" (except if you factor in the "work" when calculating the ROI, of course). This is where I needed some proof-checking.
Anyway, thank you for your help, this is always nice to see some actual collaboration.
227  Economy / Investor-based games / Re: BTC-Flow.com ★ Business Ponzi Game ★ 200%+ Return ★ Invest BTC ★ Referral on: February 16, 2015, 12:12:41 PM
It would be much better for these idiots to just spend say lousy ten bucks on this game and experience it first hand instead of babbling nonsense about it.

I updated my post but I would have appreciated you point me where are my mistakes on my formulas, instead of just playing big boy. This would have been more constructive. If such mistake is pointed at, I would of course update the post accordingly.

In any case, it seems Cunningham's law is verified.
228  Economy / Investor-based games / Re: BTC-Flow.com ★ Business Ponzi Game ★ 200%+ Return ★ Invest BTC ★ Referral on: February 16, 2015, 11:51:59 AM
David, get pen and pencil and write this down
10,000,000/90,000
Then ask someone who can do basic math to give you the solution. Report back.
Instead of gratuitous sarcasm, what if you explained what 10,000,000 and 90,000 represent?
229  Economy / Investor-based games / Re: BTC-Flow.com ★ Business Ponzi Game ★ 200%+ Return ★ Invest BTC ★ Referral on: February 16, 2015, 11:41:01 AM
If you invest, you need to play 10 hours a day (including weekend) for two weeks just to get your money back

what do you mean saying "you need to play 10 hours a day"?
level 5 owner have to claim his reward once every 10 hrs (9 hrs 48 min if you love math so much)
it is no hard work to press one button on your smartphone every 10 hrs to receive 0.1BTC

This is a simulation. With 10 hours a day, you get your money back in two weeks. I'd love someone to check my calculations, it would raise the condidence. To make it easy, I added comments on the table.
I never said that you have to actively be in front of your computer and pressing buttons, just that it needs that much time. Don't confuse time (here) and energy (less and less needed, as the level go high, which is a very nice trick by the admin - the more you invest money, the less you have to invest energy).
230  Economy / Investor-based games / Re: BTC-Flow.com ★ Business Ponzi Game ★ 200%+ Return ★ Invest BTC ★ Referral on: February 16, 2015, 10:51:43 AM
I have no idea what you´re babbling about. I never mentioned any shifts.
Apologies, this was groko271.
231  Economy / Investor-based games / Re: BTC-Flow.com ★ Business Ponzi Game ★ 200%+ Return ★ Invest BTC ★ Referral on: February 16, 2015, 10:42:06 AM
David Latapie, I don´t waste my time on useless spreadsheets which is why I´ve already made 45% back in what three days. And yes, I do sleep and eat and do a little work and all the other things besides withdrawing from this.
If you have referrals, sure. If you don't, prove me wrong. So far, it is your claim vs my maths.

I don´t have any referrals and I don´t have to prove anything to you. Other testimonials will appear to confirm mine. Why don´t you pass the hat around. It only costs like ten dollars to experience this for yourself instead of babbling on with some useless spreadsheets.
First because simulating is fun
Second, you are implying I discourage users to play. I don't (as long as they remmber what a Ponzi is but now that it is written on the OP, that should suffice, hopefully). I give factual data, people are free to use them either to consider it is not worth the hassle or to consider that, since it is profitable if you have enough self-control (what the admin wrote in the FAQ, by the way), they should invest.
By the way, I ran a simulation with 14 hours a days (you said "shifts of 12 hours plus a couple at home) and I did not get your results. It is always possible my maths are wrong, of course (that's why I give the link to the table, so that people can check and correct if necessary).
232  Economy / Investor-based games / Re: BTC-Flow.com ★ Business Ponzi Game ★ 200%+ Return ★ Invest BTC ★ Referral on: February 16, 2015, 10:28:14 AM
David Latapie, I don´t waste my time on useless spreadsheets which is why I´ve already made 45% back in what three days. And yes, I do sleep and eat and do a little work and all the other things besides withdrawing from this.
If you have referrals or spend more than ten hours a day on it, sure. If you don't, prove me wrong. So far, it is your claim vs my maths.
233  Economy / Investor-based games / Re: BTC-Flow.com ★ Business Ponzi Game ★ 200%+ Return ★ Invest BTC ★ Referral on: February 16, 2015, 10:00:07 AM


As I wrote earlier, with the current system, it is still profitable BUT it is not that interesting. Why?

First, let's look the table (it is a clickable image that will send you to the actual spreasheet, that you can copy with File, Create a copy to play with):


Because what you earn with a reasonable time per day (10 hours) covers just a bit more than reinvestment. For example with level 2, you are playing 10 hours a day for almost a month for... 0.02 BTC - 4 euros (0.05 of reinvestment + 0.02 of net margin, not counting time and energy spent)

As far as investing goes, the safest strategy (apart from not investing) is to wait till you quadruple the reward then upgrade the level
Say you are level 2 (0.05 BTC). You wait until you get 0.2 BTC then upgrade. 0.2 BTC means you achieved ROI (0.05), have enough to buy level 3 (0.1 BTC) and still made some profit in case it goes bust after you bought level 3 (0.05 BTC).
Now, considering you earn only 0.02 BTC per 19 days, to reach your goal you would need 190 days of playing - more than 6 months.
Yeah, you read it right: the always-profitable strategy requires you to play for six months in a row, just for one level - except if the admin is Bernard Madoff, the site will have stopped long before that. And good luck finding referals of the same level than you (less than your level, they are negligeable).
If you want to avoid losing money without the security of getting some when it will go poof, you can aim for "just" three times your investment. So, for level 2, this means 0.15 BTC. Instead of six months, you'll need "only" 152 days, five months.

So lets's sum it up
If you invest, you need to play 10 hours a day (including weekend) for two weeks just to get your money back
If you want to increase level, you need to do it for 5 months
If you want to increase level and get some money back because the site can go poof anytime, you need to do it for 6 months

Math is hard, hey?
234  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][HYP] HyperStake | Security Fork 2/13/15 - Most PoS Coins Vulnerable!!!! on: February 16, 2015, 01:04:56 AM
For the config file, is the file name 'HyperStake.conf' (case sensitive, I assume)?

Thanks!

My config works fine with all lowercase.
Because you are on Windows. Unix (Mac and Linux) are case-sensitive
I don't have conf file myself but the folder containing my wallet is .HyperStake, not .hyperstake
235  Economy / Investor-based games / Re: BTC-Flow.com ★ Business Ponzi Game ★ 200%+ Return ★ Invest BTC ★ Referral on: February 16, 2015, 12:10:14 AM
how many time do you estimate until max capacity in every level?
Here: https://docs.google.com/spreadsheets/d/1v-ncjK0LuZS1b1E4YygQxxG3j6It6txS4APDFtxbUXk/edit#gid=0
236  Economy / Investor-based games / Re: BTC-Flow.com ★ Business Ponzi Game ★ 200%+ Return ★ Invest BTC ★ Referral on: February 15, 2015, 04:37:51 PM


Hello Btc-Flow, now level 2 earning rate is 0.000006 BTC/min, it is going to stay like that or you change again?
I ran some calculations. If you play 10 hours per day, it is profitable (assuming no change in values and no unexpected closure of the site, of course).
Now, 10 hours per day with the free account where you have to enter a CAPTCHA every 4 minutes is psychologically unbearable.



If you want to play with the values, copy the original spreadsheet (File, Create a new copy) and be kind enough to share your results, like I did (explanations on the spreadsheet)

BTC-flow ROI calculator
Updated with new prices. Still profitable


BTC-flow ROI calculator
237  Bitcoin / Development & Technical Discussion / List of improvements to Bitcoin since 2009 on: February 15, 2015, 11:58:08 AM
Hi,

I'd like to have a list of improvements for an end-user point of view since Satoshi released the code. No market cap, no marketing, no ecosystem, no security fix, no performance improvement (granted, stratum may be considered just performance improvement). Just features. Links welcomed. Also, I don't care if it is in Bitcoin Core or elsewhere, as long as at is open source

What I found so far, all Stand:ards Track BIPs

  • multisig (BIP 10, 11, 19)
  • mnemonic seed (BIP 32, 39, 43 qnd maybe 44)
  • stratum (BIP 40 and 41, although never filled)
  • stealth addresses (BIP 43)

Thanks
238  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 14, 2015, 08:25:40 PM
If you don't think running Monero is worth 0.18-1.80 USD (a one time cost that you can recover by uninstalling it) to you then I guess its kind of a waste of time to even discuss.
Monero is worth, to me, whatever it is I can afford to pay. My hard drive space is nothing compared to the bandwidth it takes to both utilize my own hard-drive space as well as share the blockchain with as many people as possible, which may will be worth much more than $.18. Again, this is under the idea that the price of hard drive space will trend toward zero because legitimate pruning is a possibility and not just size reduction.[/quote]

When assessing a cost, I use three dimensions:
  • time
  • money
  • emotional energy (a.k.a. stress or attention - I hardly have to consider physiological energy in my costs)

I believe a large amount of people are using money considerations to hide the real cost they are paying: emotional energy, in the form of frustration.

(this may cognitive dissonance at work, but not sure yet)

I think monero is a niche coin (anonymity).
Allow me to disagree and to invite you to read carefully The value of privacy (especially the first part, "something to protect").
Quote
As an individual, you may not want to be targeted based on your spending habits or your location. Perhaps you don't want your family (or ex-family!) to know with whom or at what you are spending your money, especially some sensitive things. There are many reasons, (not comfortable with it, spoiling relationships, blackmailing/kidnapping-magnets...), you may prefer people to ignore how much you earn. You'd rather avoid "neighbours gossipping that you don't give enough to your church or that you spend too much on porn" (Gregory Maxwell). Your landlord should not be able to scan the blockchain to discover you got a raise and so decide to increase the rent, nor should your employer know which NGO you support.

As a company, you don't want competition to know that you signed a contract or to be able to discover trade secrets just by analysing the block chain (customers, supplies purchases, payroll, margins...).

For anyone, there is the risk of accidentally stumbling on tainted money (like what happened to this coinbase user). Go explain to a judge that "you didn't know". After all, if anyone can trace the money, this means that you should have traced it too, right?

And finally, for the cryptocurrency itself, lack of privacy means giving more power to miners than they are supposed to have. If they can identify via the chain, they may "start to impose blacklists, whitelists, redlists, and other intrusive requirements on transactions. [...] Too much mixing? No "SafeChain approved" tag? Etc. Sorry, your transaction never gets into a block." (smooth, who also explains here why we have a tail emission). Remember: evil bit doesn’t exist.

Countless studies have proved that people behave differently when they know they might be watched. Sure, it means they will think twice before committing heinous acts, but it also means they will think twice before acting freely.

Privacy is a foundation, like decentralisation. Frankly, at first sight, one could not care less about "decentralisation". This Bitcoin thing is decentralised so what? Blockchain is just the new toy for geeks, money works for millenia very well, and if you don't like it, you just create your own, WIR did it.
"Bittorrent also has no use. I just go to a website and download my binaries." Etc. Remember Napster, centralised?
(sorry, I would prefer to have examples not mostly about illegal downloads, but I could not find any convincing one on the top of my head - and yes, I know that Bittorent is much more than illegal downloads)

The thing with foundations is that their necessity is not immediately obvious. It took time for decentralisation to make sense. Satoshi wrote in January 2009:
Quote from: Satoshi Nakamoto
You know, I think there were a lot more people interested in the 90's, but after more than a decade of failed Trusted Third Party based systems (Digicash, etc), they see it as a lost cause. I hope they can make the distinction that this is the first time I know of that we're trying a non-trust-based system.
Why do I quote this? Because, exactly like for privacy, decentralisation was not obvious. A large difficulty without an equvalent necessity. It was required for centralisation to fail for decentralisation to blossom.

Foundations are not sexy. One turns to them only when the rest have failed. Before that, foundations are called gadget or niches.
239  Economy / Investor-based games / Re: BTC-Flow.com ★ Business Game ★ 200% Return ★ Free BTC ★ Invest BTC ★ Referral on: February 14, 2015, 05:53:56 PM

I ran some calculations. If you play 10 hours per day, it is profitable (assuming no change in values and no unexpected closure of the site, of course).
Now, 10 hours per day with the free account where you have to enter a CAPTCHA every 4 minutes is psychologically unbearable.



If you want to play with the values, copy the original spreadsheet (File, Create a new copy) and be kind enough to share your results, like I did (explanations on the spreadsheet)

BTC-flow ROI calculator
240  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: February 14, 2015, 12:16:37 PM
Speaking of which--why isn't there a Monero $10,000 party listed? As ludicrous as it sounds, that's where we are heading.
10, 100 and 1000 USD parties. Even Bitcoin is not at 10K.
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