New Website - Looking for beta testers

[microzee]

Hello, I have spent the past month working non stop on this website. This is not an announcement, I am looking for beta testers right now to test functionality and look for bugs. If you are interested please visit the website.

https://bitcoinmatrix.tk - Up! Added HTTPS

There are no ads, and I collect no fees. It is impossible for your bitcoins to be compromised since they do not go through my website.


If you have any experience with sql injection or cross site scripting, feel free to use any methods on my website as long as you report any security issues to me.

I could use some help on adding more content to the different sections specifically the about, how it works, and the faq. I'm looking to make it more clear as to what this website is, as well as adding more faq.

The last thing I'm looking for feedback on is the site design. Let me know what you think about it, and what you would like to see added, removed, or changed.


This site is still in beta, so I am not liable for anything that happens.

It is a referral program, so you will have to use my username (microzee) right now to sign up. If more testers sign up, please use their usernames instead.

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[JJ12880]

So, explain why that is not a ponzi?

[alani123]

That's a nice design for a website that uses a free TLD. 

[emrebey]

I think you're late with that pure style of ponzi.

at least you're honest with your words even you try to sell ponzi as a marketing thing.

[jacktheking]

That's a nice design for a website that uses a free TLD. 

Agree.. what a nice design. Well.. I'm sure he or she will work on the design soon.

Anyway.. using a free TLD is a bad idea..

Sound like a ponzi (No. It is a ponzi!). I'm not going to spend my time on this new ponzi.

[Jeremycoin]

What kind of site is this?

[sgk]

From the site's FAQ:

Q: What am I buying?
A: You are buying a membership.

BUT WHAT KIND OF MEMBERSHIP?

[microzee]

I think you're late with that pure style of ponzi.

at least you're honest with your words even you try to sell ponzi as a marketing thing.

So, explain why that is not a ponzi?

It is not a Ponzi Scheme. A Ponzi Scheme involves someone at the very top of a pyramid, and money from anyone below that person goes up to the person at the top. The reason this website is not a Ponzi Scheme is because the maximum number of levels the money can go up is two levels. So lets say I'm at the top. Any bitcoin past two levels below me will never reach me. Also this website charges no fees, and the bitcoin payments are made directly from user to user making it impossible for them to be stolen.

That's a nice design for a website that uses a free TLD. 

That's a nice design for a website that uses a free TLD. 

Agree.. what a nice design. Well.. I'm sure he or she will work on the design soon.

Anyway.. using a free TLD is a bad idea..

Sound like a ponzi (No. It is a ponzi!). I'm not going to spend my time on this new ponzi.

Thank you for your comments on the design. What do you think should be changed in the design? I am using a free TLD because I like dot tk TLD's. It is short and simple and allows me to use bitcoinmatrix. I am a college student with no money so I can't purchase a domain (: Also, bitcoinmatrix.com can't be purchased.

From the site's FAQ:

Q: What am I buying?
A: You are buying a membership.

BUT WHAT KIND OF MEMBERSHIP?

I have updated the faq. Please have a look at the new faq. You are not buying a membership, but brackets. To sign up is free. You purchase the brackets so users can sign up under your username.

What kind of site is this?

This is a site where you can make money simply by referring users. It only requires that you purchase brackets. Your first brackets, only 0.05 btc, gives you 4 spots to sign people up under you. Once these spots are filled, this gives the potential to earn up to 0.8 btc. This is more than enough to pay for the next 2 brackets, which are only 0.01 btc.

[JJ12880]

If anyone is foolish enough to sigh up and pay good bit-coin, I have no sympathy for them lol Just like those who thought Cryptodouble was a good thing. Common, anyone should have seen that coming miles away....

[microzee]

If anyone is foolish enough to sigh up and pay good bit-coin, I have no sympathy for them lol Just like those who thought Cryptodouble was a good thing. Common, anyone should have seen that coming miles away....

Why do you find this foolish? Please explain to me your reasoning. This is a legit website that I have put a ton of my time in. I don't like people calling something I put hours of hard work into "foolish."

I don't believe you understand how my system works. I can assure you there is nothing foolish about it.

You can't make remarks about something you haven't even tried. Have you even signed up? Sign up is free. Sign up then tell me what you think of it.

Let me state this again. It is impossible for me to take your bitcoins. I can show you the full source code to prove it.

[busterroni]

It is impossible for your bitcoins to be compromised since they do not go through my website.

Sorry, am I missing something here? People clearly need to send money to the website in order to buy a bracket.

[microzee]

It is impossible for your bitcoins to be compromised since they do not go through my website.

Sorry, am I missing something here? People clearly need to send money to the website in order to buy a bracket.

No, if you read the faq, the bitcoin goes directly to the user without going through my website. The bitcoin spent on the bracket you are sending to the user 2 levels above you. When you purchase your first bracket, it tells you to send the money to an address, and that address is the address of the user 2 levels above you.

Since this isn't clear, where should I put this to make it very clear? I'm pretty sure I state this in the faq and in the payments section.

[busterroni]

It is impossible for your bitcoins to be compromised since they do not go through my website.

Sorry, am I missing something here? People clearly need to send money to the website in order to buy a bracket.

No, if you read the faq, the bitcoin goes directly to the user without going through my website. The bitcoin spent on the bracket you are sending to the user 2 levels above you. When you purchase your first bracket, it tells you to send the money to an address, and that address is the address of the user 2 levels above you.

Since this isn't clear, where should I put this to make it very clear? I'm pretty sure I state this in the faq and in the payments section.

The FAQ says, "Using the blockchain payments api, a new address is created which forwards any bitcoin sent to it, to the user two levels above you. Our system checks the address that was generated for any transactions, and then retires the address when a transaction comes through, generating a new one for the next transaction. We have no access to the wallet associated with the generated address so their is no way for our users bitcoins to be compromised. If you are waiting on a payment, it may take up to a day which is a flaw in the api."

This makes it seem like the user is not directly sending btc to the user two levels above them, but to the address generated by blockchain.info's API, which then forwards the btc to the user two levels above them. Also, how can we trust that you don't have access to the generated addresses? It seems like you generate them using blockchain.info's API.

[JJ12880]

Also, how can we trust that you don't have access to the generated addresses? It seems like you generate them using blockchain.info's API.

Excellent point, I can make a website in 10 min that shows an address, and appears to work just like the blockchain API, but is actually my own.

[microzee]

It is impossible for your bitcoins to be compromised since they do not go through my website.

Sorry, am I missing something here? People clearly need to send money to the website in order to buy a bracket.

No, if you read the faq, the bitcoin goes directly to the user without going through my website. The bitcoin spent on the bracket you are sending to the user 2 levels above you. When you purchase your first bracket, it tells you to send the money to an address, and that address is the address of the user 2 levels above you.

Since this isn't clear, where should I put this to make it very clear? I'm pretty sure I state this in the faq and in the payments section.

The FAQ says, "Using the blockchain payments api, a new address is created which forwards any bitcoin sent to it, to the user two levels above you. Our system checks the address that was generated for any transactions, and then retires the address when a transaction comes through, generating a new one for the next transaction. We have no access to the wallet associated with the generated address so their is no way for our users bitcoins to be compromised. If you are waiting on a payment, it may take up to a day which is a flaw in the api."

This makes it seem like the user is not directly sending btc to the user two levels above them, but to the address generated by blockchain.info's API, which then forwards the btc to the user two levels above them. Also, how can we trust that you don't have access to the generated addresses? It seems like you generate them using blockchain.info's API.

True, but have you looked at the api?

This is the whole api call:

Code:

https://blockchain.info/api/receive?method=create&address=$receiving_address

and the link to the api:
https://blockchain.info/api/api_receive

For the receiving_address we put the user's address that is 2 levels above the user purchasing the bracket.

Then we display the "input_address" for the user buying the brackets to send the coins to.

The only reason we have this intermediate step is so we can check to make sure user1 actually paid user2. The coins are still going directly user to user. We have no access to the wallet associated with the address created by the api. You can have a look at the api, and see that the address in the middle is created by the api and we have zero control over it.

Does that help explain things?

[sgk]

This is a site where you can make money simply by referring users. It only requires that you purchase brackets. Your first brackets, only 0.05 btc, gives you 4 spots to sign people up under you. Once these spots are filled, this gives the potential to earn up to 0.8 btc. This is more than enough to pay for the next 2 brackets, which are only 0.01 btc.

So this is a site that takes your Bitcoin offering you no real product or service, just a hope that some more people will join under you so that you earn more Bitcoins.

Hmmmm...    sounds like a familiar structure. Oh, now I remember! IT IS CALLED A PONZI !!

1) owner sets up a website advertising 300% or more/less ROI to users who invest in their “plans”.
2) Unfortunate victims deposit in the hope of receiving good returns.
3) Users get paid with the deposits of others allowing some to say the investments are working
4) The extra publicity and praise helps rake in more and more Bitcoins
5) When payouts become unsustainable, owner folds and runs with remaining money
6) Rinse and repeat at will.

[Vod]

Hmmmm...    sounds like a familiar structure. Oh, now I remember! IT IS CALLED A PONZI !!

Exactly what it is.  I've left microzee negative trust for intentionally trying to steal from community members - unfortunately you can't see trust in this part of the forum. 

[alani123]

Hmmmm...    sounds like a familiar structure. Oh, now I remember! IT IS CALLED A PONZI !!

Exactly what it is.  I've left microzee negative trust for intentionally trying to steal from community members - unfortunately you can't see trust in this part of the forum.  

Which also means that OP posted in the wrong section of the forum... I don't think that Project Development is the right place to advertise an "investment opportunity". Or whatever this is...

[sgk]

Hmmmm...    sounds like a familiar structure. Oh, now I remember! IT IS CALLED A PONZI !!

Exactly what it is.  I've left microzee negative trust for intentionally trying to steal from community members - unfortunately you can't see trust in this part of the forum. 

Which also means that OP posted in the wrong section of the forum... I don't think that Project Development is the right place to advertise an "investment opportunity". Or whatever this is...

He actually claimed he was not looking for investors or users, but more of some beta testers for his upcoming website.

...which is a very ridiculous way of advertising his ponzi scheme in disguise.

[jacktheking]

Hmmmm...    sounds like a familiar structure. Oh, now I remember! IT IS CALLED A PONZI !!

Exactly what it is.  I've left microzee negative trust for intentionally trying to steal from community members - unfortunately you can't see trust in this part of the forum. 

Which also means that OP posted in the wrong section of the forum... I don't think that Project Development is the right place to advertise an "investment opportunity". Or whatever this is...

He actually claimed he was not looking for investors or users, but more of some beta testers for his upcoming website.

...which is a very ridiculous way of advertising his ponzi scheme in disguise.

Yeah. He make use of this excuss to post in the Project Development section.