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Author Topic: [ETH] THΞ GREEÐ PIT - A pyramid with random and strategic elements - JOIN US!  (Read 8090 times)
adolf512
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January 27, 2017, 06:19:29 PM
 #161

It's a ponzi scheme,the early bird is the one that makes maoney from a ponzi scheme sites or programs,this is the real meaning of ponzi scheme,the program pays when money is still keeps coming but when it stops payment stops as well..
I guess riding pumps is a better strategy than this shit. The advantage of buying shitcoins to sell high is that people do not realize that they bought into a ponzi scheme. Honest Ponzis like this one should not work that great.

What happened to the coins that remained trapped in the pit?

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February 25, 2017, 01:59:45 AM
 #162

It's a ponzi scheme,the early bird is the one that makes maoney from a ponzi scheme sites or programs,this is the real meaning of ponzi scheme,the program pays when money is still keeps coming but when it stops payment stops as well..
I guess riding pumps is a better strategy than this shit. The advantage of buying shitcoins to sell high is that people do not realize that they bought into a ponzi scheme. Honest Ponzis like this one should not work that great.

What happened to the coins that remained trapped in the pit?

Yea I'm not so sure about this. I think I would rather stick to altcoin exchange.
I would like to see it just to see what it is like but the site is down.
Why does this guy launch something when he has not enough money to properly fund it. It makes me wonder about what other decisions he makes.
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February 25, 2017, 02:07:18 AM
Last edit: February 25, 2017, 02:28:36 AM by blockcha1n
 #163

Haha! Cheesy
I was looking for a hook to get me into ethereum but this was so old and the guy who started it probably ran off with the rescue eth. So the ransom was not paid.
Such a 'pit'y. It did look fun while it was happening but eventually these always end in the investor's losing their money/eth and the creator(s) running off with the loot.

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March 02, 2017, 10:42:22 PM
 #164

Haha! Cheesy
I was looking for a hook to get me into ethereum but this was so old and the guy who started it probably ran off with the rescue eth. So the ransom was not paid.
Such a 'pit'y. It did look fun while it was happening but eventually these always end in the investor's losing their money/eth and the creator(s) running off with the loot.

The creator can not run away. The contract does not allow it.
The Eth are still exactly where they were. 22.856080701 Ether ($435.18) @ 0x446D1696a5527018453cdA3d67aa4C2cd189b9f6 .

But they are locked there forever as long as nobody continues to play this game.

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