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Author Topic: Virtual Tulips  (Read 1017 times)
Sothh (OP)
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July 22, 2013, 02:40:43 AM
Last edit: July 22, 2013, 03:23:25 AM by Sothh
 #1

Thought I would start a simple Ponzi like game on the boards.

How it works:

I will sell a virtual tulip for BTC0.01

The price then doubles.  When the next person buys the tulip for BTC0.02 the current owner gets 150% what he paid, and I get 50%.

After each round the price will double.

How to play:

Simply send the current price to 1AxJXz5YrpHaQC7aKwCJTT46y3ShtnqJZZ.  I will update the current owner, and will payout to your address once the tulip sells again.

Current holder:



Sothh
howeth

Price:

BTC0.02
howeth
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July 22, 2013, 03:09:47 AM
 #2

I'll try it out.

Tx: https://blockchain.info/tx/cb8c477bd2fb0842f55f57918d2599525ceb64ef763d428243f1c4de79a89e79

Donations! HoWethzt6NhZkxd4SRMKPFC6n3NsK7hZd
keatonatron
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Jack of oh so many trades.


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July 22, 2013, 03:19:22 AM
 #3

And Sothh was never heard from again.


(kidding)

1KEATSvAhbB7yj2baLB5xkyJSnkfqPGAqk
Sothh (OP)
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July 22, 2013, 03:20:43 AM
 #4

And Sothh was never heard from again.


(kidding)

Still here.  You think its worth running off over BTC0.01? Cheesy

Now if it gets up to 20 or 30...   Grin
🏰 TradeFortress 🏰
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July 23, 2013, 12:32:22 PM
 #5

Don't worry, you'll get there soon.

0.01
0.02
0.04
0.08
0.16
0.32
0.64
1.28
2.56
5.12
10.24
20.48
40.96
81.92
163.84
Boelens
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July 23, 2013, 01:03:11 PM
 #6

Isn't this just yet another ponzi scheme?
Sothh (OP)
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July 23, 2013, 09:32:51 PM
 #7

Isn't this just yet another ponzi scheme?

Yep.  Did you read the first line of the OP?   Wink

Nothing wrong with a ponzi as long as you know its such before hand. 

Anyone going to help poor howeth?  His tulips starting to wilt.
Boelens
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July 23, 2013, 09:48:46 PM
 #8

Isn't this just yet another ponzi scheme?

Yep.  Did you read the first line of the OP?   Wink

Nothing wrong with a ponzi as long as you know its such before hand. 

Anyone going to help poor howeth?  His tulips starting to wilt.

Oh, sorry, my bad.
howeth
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July 24, 2013, 01:42:37 AM
 #9

Anyone going to help poor howeth?  His tulips starting to wilt.

 Cry Anyone?

Donations! HoWethzt6NhZkxd4SRMKPFC6n3NsK7hZd
Mooshire
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July 24, 2013, 03:58:05 AM
 #10

This is what happens when you participate in a ponzi. You are the last one to buy it, you lose money, and the owner profits.

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