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3581  Economy / Investor-based games / Re: BitPonzi.Net - The Bitcoin Ponzi Site - Inspired by Bitcoinduit on: September 21, 2011, 02:35:12 AM
Oh man this is exciting... just got a 15btc pledge.

If you pledged any satoshis please make sure to post in this thread so that I can coordinate the launch with you!!!
3582  Economy / Speculation / Re: Bitcoin Price Rising on: September 21, 2011, 02:16:50 AM
We've finally recovered from the damn manipulator... current price about 6.1
3583  Economy / Investor-based games / Re: BitPonzi.Net - The Bitcoin Ponzi Site - Inspired by Bitcoinduit on: September 21, 2011, 02:13:15 AM
Dude, this is the perfect opportunity to introduce your friends to the wonderful world of bitcoin! (and also bitponzi!)
It sort of makes me wonder: what are the origins of this "honest ponzi" thing?  I think it's a bitcoin in-joke or something.
edit: Unless anyone else disagrees, the first 1hr massive jackpot on bitponzi will begin tomorrow at 8pm est with an initial jackpot of 6.6BTC!!!

Also, someone better tell me what they meant by sending me 10 satoshis... I really want to know.
3584  Economy / Investor-based games / Re: BitPonzi.Net - The Bitcoin Ponzi Site - Inspired by Bitcoinduit on: September 21, 2011, 01:30:04 AM
Just got a pledge of 5 bitcoins!  Alright, let's agree on a time and I'll put it up when that time comes.
Anyone?
I say 8pm EST. (gmt-5)
3585  Economy / Speculation / Re: Bitcoin Price Rising on: September 21, 2011, 01:25:51 AM
Damn that manipulator!  He/she/they/it just threw 1400 bitcoins into the bids and we're back below $6 again.  If only people wouldn't sell the price would go up!.... (or maybe people think this rally is as good as it gets and the smart money is bailing out).

This damn manipulator is the only thing keeping prices from $7 or $8  Angry
3586  Economy / Investor-based games / Re: BitPonzi.Net - The Bitcoin Ponzi Site - Inspired by Bitcoinduit on: September 21, 2011, 12:56:52 AM
I got 11 satoshis.  Now I'm wondering if the 10 satoshis were a typo or real...
edit: what are you doing for your projects?
3587  Economy / Investor-based games / Re: BitPonzi.Net - The Bitcoin Ponzi Site - Inspired by Bitcoinduit on: September 20, 2011, 11:58:08 PM
New feature suggestions:

I like them. It got me to thinking..

I had an idea that might fit with what you're all saying.. mb300sd, chime in if you're around.

This is basically what I meant, except the erosion could also be "per bitcoin" (or fraction thereof) rather than "per deposit."  The erosion would still be calculated every time there's a deposit.
3588  Other / Politics & Society / Re: Ron Paul Cheering Entrance California on: September 20, 2011, 11:42:48 PM
FlipPro: Protip... RP stands for another Republican presidential candidate as well Tongue
I think Perry's going to end up winning the nomination and if he gets elected I might just move to Canada.
3589  Economy / Speculation / Re: So far my predictions have been accurate. on: September 20, 2011, 11:29:03 PM
Third time's the charm!  Last time it took three tries to defeat The Manipulator... might see the same thing this time.  Prices look like they're rebounding from $6 support up (hopefully) to a new high.
3590  Economy / Investor-based games / Re: BitPonzi.Net - The Bitcoin Ponzi Site - Inspired by Bitcoinduit on: September 20, 2011, 11:20:14 PM
The current massivejackpot will last forever, but it is being very slow... people are hardly investing in between expiration times.
If you want to see a 15btc initial deposit, 30% jackpot, 1hr expiration, 25% roi round, then simply send the amount you are willing to invest in such a ponzi to 1G57jZ4bV1vN1H8rgw9Tu2E99gJcFWmjoW (in satoshis (0.00000001btc)!).  For example, if you will deposit 1btc once it is created, send 1 satoshi to that address.  If I manage to get at least 7 satoshis, I will create that round and it will be announced in this thread.

Unless you know of a way to send it without paying transaction fees, whoever does would be paying 50000x more in fees  Undecided

Damn Sad nothing I can do about that.  I mean the fees are still 0.0005; you can even get those from dailybitcoins!
Also, I got 0 satoshis Sad
3591  Economy / Investor-based games / Re: BitPonzi.Net - The Bitcoin Ponzi Site - Inspired by Bitcoinduit on: September 20, 2011, 09:59:36 PM
The current massivejackpot will last forever, but it is being very slow... people are hardly investing in between expiration times.
If you want to see a 15btc initial deposit, 30% jackpot, 1hr expiration, 25% roi round, then simply send the amount you are willing to invest in such a ponzi to 1G57jZ4bV1vN1H8rgw9Tu2E99gJcFWmjoW (in satoshis (0.00000001btc)!).  For example, if you will deposit 1btc once it is created, send 1 satoshi to that address.  If I manage to get at least 7 satoshis, I will create that round and it will be announced in this thread.
3592  Economy / Speculation / Effect of BTC/NMC merged mining on prices on: September 20, 2011, 09:44:18 PM
What would the effect of a large pool adopting merged mining with BTC/NMC be on btc prices?
3593  Economy / Speculation / Re: Sibos bump leading to Hackspace bump last 10 days of september rally on: September 20, 2011, 09:43:31 PM
This can and will have a huge impact. People on the conference represents trillions of dollars.

They could easily increase the price back up to $30 in a day  Grin



BUY BUY BUY!!! Cheesy
3594  Economy / Investor-based games / Re: BitPonzi.Net - The Bitcoin Ponzi Site - Inspired by Bitcoinduit on: September 20, 2011, 08:35:41 PM
Know what you mean, but I think the last bit is most fun! At least only if there is something to actually snipe!! That's why I suggested that new game type. What do ya think about it? I think it has the best parts of both games, and (in theory) none of the worst parts, but not seeming to get much response so perhaps I've missed something Sad.

Well, as I said, I think the fixed end takes away all the fun.  I don't see the point.  Plus, probably many people will know they won't be able to be around at an exact time, but they might be able to play if there is a window of several hours where they can get in. I guess only a tiny fraction of people might want/be able to play, and probably they'll jump in only at the very last moment.  What's the point of beting now knoing there isn't the slightest chance your bet might win?  I don't know, perhaps I'm missing the point all together.

If you don't like fixed, see my original proposal...

"I've got an idea for how to make the highest jackpot rounds sustainable but still allow them to end at some point.
This is copied over from the 1BTC to last post thread.
We could have a sort of variable expiration time.  With each deposit it geometrically decreases until it ends up being something like 1 hour.  Or we could halve the expiration time every 5 deposits, or every 5 btc deposited, or something like that."
3595  Economy / Investor-based games / Re: BitPonzi.Net - The Bitcoin Ponzi Site - Inspired by Bitcoinduit on: September 20, 2011, 05:24:13 PM


What are those numbers in the "current games" box?
3596  Economy / Speculation / Re: Sibos bump leading to Hackspace bump last 10 days of september rally on: September 20, 2011, 05:15:57 PM
Sibos is a big deal.
http://www.sibos.com/media_partners.page
This is real media, not "Bruce-guaranteed media!"
3597  Economy / Investor-based games / Re: BitPonzi.Net - The Bitcoin Ponzi Site - Inspired by Bitcoinduit on: September 20, 2011, 04:09:25 PM
I just got an even crazier idea: every 1btc deposited after a certain point has a fixed CHANCE to trigger the fixed expiration time.  Although this is probably too convoluted.
3598  Economy / Investor-based games / Re: BitPonzi.Net - The Bitcoin Ponzi Site - Inspired by Bitcoinduit on: September 20, 2011, 04:08:08 PM
I guess we could test that.  I'm not too sure whether it'll attract further investing or not though.

Test what?  The thing that I think would most attract investing would be the jackpot trigger... where a jackpot hitting a certain amount would instantly change the expiration to a fixed value. Thought about it and there could be some MASSIVE jackpots if it happens!

I think it sort of seems like people would be reluctant to be the one to trigger it because then they would definitely lose their money: they would be the last to invest so they don't have much of a chance of getting paid out, and they also have no chance of winning the jackpot because people will definitely get in after them during the 8hr expiration.  If this rule is implemented there might be a fast initial investment period, then a long, slow period of sniping the 24hr jackpot, then a 0-deposit period before the last 30 minutes of the game, which will be fast.  It'll still end up lasting a very long time.
3599  Economy / Speculation / Re: RALLY! on: September 20, 2011, 03:59:49 PM
Damn, how many rallies has this manipulator stopped/hindered already?  
I think they stopped one a few weeks ago by keeping the price at 11.5, and then they stopped this one at 5.64 for a while, but they've probably been doing this for a long time.
3600  Economy / Investor-based games / Re: BitPonzi.Net - The Bitcoin Ponzi Site - Inspired by Bitcoinduit on: September 20, 2011, 03:43:48 PM
I guess we could test that.  I'm not too sure whether it'll attract further investing or not though.
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