If you want to double your coins, then buy in early.
You know the admin will eventually bust, when the pyramid starts to collapse. They have to "run away". If you try to "stop them" from running away, they won't even start the scheme.
No smart contract will do it, otherwise people will know exactly when it will stop, the game is over, so they simply do not buy in anymore.
The whole point of the ponzi is to get as many people suckered in at its peak, and to cash out at that peak, right before it collapses.
I have been in the ponzi game for a long time, since bitcoin was worth a dollar. .. That Is not how its supposed to work. That's how the scam version of it works.
Its supposed to work by the admin taking a small percentage of all deposits or he can invest btc out of his own pocket to double his own money. The longer the pyramid works the more every smart investor understands it's days are numbered. If the admin runs it properly he can make a lot of money from commission just like the admins at the darkmarkets do, why would they risk going to jail for 10-15 years for nothing? Its because it's lucrative to keep that commission
BTC going. Any legitimate business that works on commission works this way.
I know the risk of losing my money, I want to take that risk. But I want to do it on a safe platform that can actually give me a decent chance. Where I can look at the ledger and decide for myself if it's worth it. If admin polices himself and secretly wants to scam while putting on a fake polite front. The chance of me getting my money dropped from 40% or whatever down to 0%
Its like a darknet market without multi signature and all the trust is put into one shady looking admin.... who would want to buy from there...
You guy's prejudice is keeping you from upgrading the system when it is badly needed. If we don't upgrade the system people will keep getting scammed like this until the end of time just like it always has been.
The police force isn't run by one man.
I agree...