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rockyleal
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August 12, 2012, 12:08:54 PM |
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I risked a few coins for fun, and payments are already coming in. If the rate of payments holds I'll definitively get the initial coins back and then some more ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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BillN (OP)
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August 12, 2012, 03:22:42 PM |
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Yeah I started to receive mine as well ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) If this rate holds up I beat the casino ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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arsenische
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August 12, 2012, 04:04:12 PM |
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great project, I wanted to make something very similar too! btw, is it really the world's first honest one?
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FreeMoney
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Strength in numbers
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August 12, 2012, 04:10:44 PM |
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If you were going to send 1BTC isn't it better to send .5 and then .5 so that part of your second goes to you, but you end up with the same share? And better yet to break it more and more?
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Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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BillN (OP)
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August 12, 2012, 04:41:03 PM |
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Yes that would be better, however, the minimum deposit is 1B if remember correctly. Your argument does however stand for splitting up larger amounts still.
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BillN (OP)
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August 12, 2012, 04:42:47 PM |
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great project, I wanted to make something very similar too! btw, is it really the world's first honest one? Yeah I don't think it's the first one (those are their words) - but it makes for a great subtitle I guess ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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PatrickHarnett
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 12, 2012, 10:11:20 PM |
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Just passing, but this looks more like a simple pyramid scheme than a ponzi.
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xchrix
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August 12, 2012, 11:01:25 PM |
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i like the idea of it because you dont have to make refs on your own ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) hm but i think there is a bug in it. when you see the transactions mostly there is 1 BTC send.. but one of the last transaction were 665533334666 BTC !!! holy shit ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) somebody is really stupid? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) 92,1KUek5qE3BB67zxsjN7m615FRBz3m3Xhwu,18yqUDViAnbSi3yN8WedjaidSpnCBbbSyx,665533334666.00000000,2012-08-12 19:45:34
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xchrix
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 13, 2012, 11:21:57 AM |
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ah see it. you are right!
would be a good idea to combine many transactions and send only one transaction to each user at one day. if this is heavily used there will be a big amount of very very small transactions..
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bccasino
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YOU WIN . WE PAY
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August 13, 2012, 11:13:17 PM |
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what a great fun that is! I also kicked in some coins, let's see if it beats our casino payout ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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REASONS TO PLAY @ BC-CASINO.comBEST CASINO SOFTWARE - PLAYER ANONYMITY - SAFE AND SECURE
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OneEyed
aka aurele
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August 13, 2012, 11:19:08 PM |
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what a great fun that is! I also kicked in some coins, let's see if it beats our casino payout ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Is your casino payout that bad? If you start here at rank 90, with you and everyone before having bet 1 BTC (which is not the case, there are some big participations), you would have to find around 155 people to join the system after you to get even.
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xchrix
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August 14, 2012, 07:54:21 AM |
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you would have to find around 155 people to join the system after you to get even.
thats the fun part of this site ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) you simply dont have to find 155 people! just sit back and wait. no advertising do be done. you participate on every user which is joining
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OneEyed
aka aurele
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August 14, 2012, 08:22:32 AM |
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you would have to find around 155 people to join the system after you to get even.
thats the fun part of this site ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) you simply dont have to find 155 people! just sit back and wait. no advertising do be done. you participate on every user which is joining I meant, and you know it, that if less than 155 people join the system after him, he can only lose. And that would be if any of the people before him had put only 1 BTC. This is not the case. In fact, the total of people shares is 649 so far. That simply means that if someone puts 1 BTC into your system right now, and other people after him also put 1 BTC, he must wait until approximately 1100 more BTC are collected before he is even. And of course, the situation is worse for people after him, who have to wait even longer every time.
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xchrix
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August 14, 2012, 09:03:40 AM |
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propably thats right. i dont have done the math ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) but in fact i got 50% of my "Investment" 2 days later back.. so i think there are good chances that i will make a win out of it. if not than its a "gambling loss" for my. no risk no fun. maybe this ponzi is running over months/years... than you will get some free coins every day.. we will see what the future brings
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bccasino
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YOU WIN . WE PAY
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August 14, 2012, 12:30:52 PM |
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what a great fun that is! I also kicked in some coins, let's see if it beats our casino payout ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Is your casino payout that bad? If you start here at rank 90, with you and everyone before having bet 1 BTC (which is not the case, there are some big participations), you would have to find around 155 people to join the system after you to get even. Our global payout for current year is 95.3% while some games like live roulette and live baccarat (97.1% respective 100.2% as of today) have higher payouts. I don't know exactly how you calculated the 155 needed depositors but I believe that 155 is not that many especially knowing that some deposited 50BTC at once. Let's see what will come out, it's gambling and it's fun the way it was setup make full use of the amazing bitcoin technology so I like it.
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REASONS TO PLAY @ BC-CASINO.comBEST CASINO SOFTWARE - PLAYER ANONYMITY - SAFE AND SECURE
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OneEyed
aka aurele
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August 14, 2012, 12:41:16 PM |
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what a great fun that is! I also kicked in some coins, let's see if it beats our casino payout ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Is your casino payout that bad? If you start here at rank 90, with you and everyone before having bet 1 BTC (which is not the case, there are some big participations), you would have to find around 155 people to join the system after you to get even. Our global payout for current year is 95.3% while some games like live roulette and live baccarat (97.1% respective 100.2% as of today) have higher payouts. I don't know exactly how you calculated the 155 needed depositors but I believe that 155 is not that many especially knowing that some deposited 50BTC at once. return <= sum(i = 90+1 .. 90+155) (1/i) And as I wrote, this is much below the real number, as here the computation assumes that depositor i gets you 1/i of the share (only the case if noone bet more than 1 BTC before you do, which is obviously not the case).
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OneEyed
aka aurele
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August 14, 2012, 12:56:17 PM |
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you would have to find around 155 people to join the system after you to get even.
You only get paid by the next 100 people joining, so that seems impossible? I missed that part! So in fact, if everyone (including you, the 99 people before you and the 100 people after you) all give 1 BTC, you get your money back, minus the fees. So you don't lose much.
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bccasino
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August 14, 2012, 01:13:58 PM |
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you would have to find around 155 people to join the system after you to get even.
You only get paid by the next 100 people joining, so that seems impossible? I missed that part! So in fact, if everyone (including you, the 99 people before you and the 100 people after you) all give 1 BTC, you get your money back, minus the fees. So you don't lose much. This is how I understood it, so if the next 100 after you deposit 1BTC you are breakeven (less fees) if they deposit more than 1 BTC you win smthg.
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REASONS TO PLAY @ BC-CASINO.comBEST CASINO SOFTWARE - PLAYER ANONYMITY - SAFE AND SECURE
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OneEyed
aka aurele
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August 14, 2012, 01:16:26 PM |
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Why do the charts stop there? It would be interesting to see how many people receive less than 100%. Also, how much the first addresses, which purportedly belong to the creator of pon-z, have received. As a creator, you can play as much as you want before letting other people in, as all the money you put in is redistributed to the previous players, that is you. The first address seems to have received more than 147 BTC for 1 BTC invested ( http://blockchain.info/address/18DEHVMSfKHJyLmoKEcrorVKpJnzv1DbTJ). The second one, which belongs certainly to the creator as well, has received 231 BTC for 50 BTC ( http://blockchain.info/address/1HsXuUEmdMeBtZAz6oiB3BxBt9HJ2tqtAx). You can bet that number three and four, all above 1 BTC, also belong to the creator, and together have received more than 168 BTC for 54 BTC ( http://blockchain.info/address/1FsARshLM2ek5cfsvAtGf97ejUzYzSWuk9 and http://blockchain.info/address/18DEHVMSfKHJyLmoKEcrorVKpJnzv1DbTJ). I am confident that at least those 4 addresses belong to the creator of pon-z.com, as they also exhibit the pattern of not having been touched at all. This is the case for a few addresses more, then the pattern changes and people get their "wins". So, with only the first four addresses, the creator of pon-z.com has made at least 546 BTC for an investment of 105 BTC. Not bad, eh? Those BTC won't be received by other "players". The fact that you only gain from the next 100 transactions makes it even less profitable than a real pyramiding scheme for participants, except for the first ones, when the new incoming BTC are not split amongst 100 people.
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