[ETH] EthBank

[clangtrump]

Hello, this is a long term investment bank. Every depositor gets paid out after a new depositor joins. The paid out amount is set by the "Interest Rate" that can be modified by me, currently it is set to 2%. This app is created so that you can safely store your Ether for longer term, and still earn good profit every day.

The bank has also conservative management, so that it can pay out longer. When the balance is below 80%, the interest rate is cut to half, and so on. This project will last long so, you can safely deposit ether in it.

Deposit now 10 Ether, and after 10 investors you will earn 2 Ether. After 100 investors you will earn 20 Ether, and so on!

How to Invest:

Deposit minimum 0.2 Ether
0x60acd43314d93f38507f3fd12e84225a5a099229

Source Code:

https://etherscan.io/address/0x60acd43314d93f38507f3fd12e84225a5a099229#code ✓

This app is also an attachment to EthVenturesFinal, so all fees will go to the shareholders!

[BetGod]

Great, thanks for adding the Ethventures plugin, now all fees generated by this will be sent to our investors, which you are too!

And the concept is good too, it is a longer term investment game, as most of them collapse after a day or two , this one can last very long!

[sydhelly]

So it's like a bank ....

but you can't withdraw your money

Fun scam attached to another scam.

[Maria Jones]

If there any commissions and fees?

[BetGod]

So it's like a bank ....

but you can't withdraw your money

Fun scam attached to another scam.

It's a ponzi, but it can last very long because it has very solid code and conservative payouts.

But seriously stop trolling on others threads,  you have trolled on my threads too.

If there any commissions and fees?

It looks like there is a 2% fee, just like the payout %.

The fees go to my investors, and not to the OP.

[BetGod]

Its a very interesting investing game, i will invest in this soon , it has a big future ahead

it can grow to 1000 eth

Definitely, this is a 1000 ETH+ app.

And it also helps grow my EthVentures, which is a 100,000 ETH+ app.


Both have huge potential ahead! 

[clangtrump]

What about your first project https://bitcointalk.org/index.php?topic=1413721.0

My web developer has quit, and people weren't very interested in it.

This one is much more innovative and robust, because it doesnt stop paying out.

Any ponzi collapses after too many deposits, but here we have a conservative payout system, it can last many years:

Look:

Code:

if(Total_Deposited * 80/100 < Balance )  //if balance is at 80% or higher, then pay depositors
{
  

	
    while (Balance > depositors[nr].amount * Interest_Rate/100 && nr<depositors.length)  //exit condition to avoid infinite loop
    { 
      payout = depositors[nr].amount *Interest_Rate/100;                           //calculate pay out
      depositors[nr].etherAddress.send(payout);                        		//send pay out to participant
      Balance -= depositors[nr].amount *Interest_Rate/100;                         //Balance update
      Total_Paid_Out += depositors[nr].amount *Interest_Rate/100;                 //update paid out amount
      nr += 1;                                                                         //go to next participant
    }
    
	Message="The Full Interest has been paid to Depositors!";
} 
else  
{
if(Total_Deposited * 60/100 < Balance )  //if balance is at 60% or higher, then pay depositors with half interest
{
  

	
    while (Balance > depositors[nr].amount * Interest_Rate/200 && nr<depositors.length)  //exit condition to avoid infinite loop
    { 
      payout = depositors[nr].amount *Interest_Rate/200;                           //calculate pay out
      depositors[nr].etherAddress.send(payout);                        		//send pay out to participant
      Balance -= depositors[nr].amount *Interest_Rate/200;                         //Balance update
      Total_Paid_Out += depositors[nr].amount *Interest_Rate/200;                 //update paid out amount
      nr += 1;                                                                         //go to next participant
    }
    
	Message="Funds are between 60% and 80%, so only Half Interest has been paid!";

[clangtrump]

What about your first project https://bitcointalk.org/index.php?topic=1413721.0

My web developer has quit, and people weren't very interested in it.

This one is much more innovative and robust, because it doesnt stop paying out.

Any ponzi collapses after too many deposits, but here we have a conservative payout system, it can last many years:

Because no one knows anything about it, I did not see that you at least tried to create a promo on Dapp/Forum/Etc

Your first project has only about 80 coins

Can you post it for me on the Ethereum forum? I cannot make there account, it says it needs admin approval when I register, but I e-mailed them twice and no response.

The ETH forum is invite-only, as it looks like. If you have account there, please make a post there

[askolein]

it is just a ponzi that will fail.

Don't be fooled by the word "bank", this dapp will never have more than 100ETH+...
Be realistic, only short term/medium term ponzi can be pseudo-viable.


This doesn't make any sense. a BANK where you cannot withdraw, this is just the most excentric unrealistic ponzi.

[askolein]

You are just dishonest.

Very few ponzi out there promise 200% payouts, even the good ones that are perfectly balanced like x1.1-1.5 with deposits limits have difficulty to find new investors.

A ponzi that is made to work in long term is a ponzi that has already failed.
You can't make something to work on the long term just by saying it. A ponzi can work in the long term if it is good in the short term.

This is a fail.


Invest in others existing good pyramids.

[BetGod]

You are just dishonest.

Very few ponzi out there promise 200% payouts, even the good ones that are perfectly balanced like x1.1-1.5 with deposits limits have difficulty to find new investors.

A ponzi that is made to work in long term is a ponzi that has already failed.
You can't make something to work on the long term just by saying it. A ponzi can work in the long term if it is good in the short term.

This is a fail.


Invest in others existing good pyramids.

Oh look another troll newbie, looks like people over here just create newbie accounts to troll other people's threads

My threads are also full of trolls. Its really annoying.

[askolein]

So what, you have no arguments ?
Im not a new account, and i didnt FUD or what, only logic.

[Sileniced]

Good job. Although I have some questions about stuff I don't understand yet.

Code:

    // add a new participant to the system and calculate total players
    Total_Savers=depositors.length+1;
    depositors.length += 1;
    depositors[depositors.length-1].etherAddress = msg.sender;
    depositors[depositors.length-1].amount = amount;

I don't get why you add one and at the next line you subtract one.

edit: I got it, because adding the new depositor in the array would also increase depositors.length

[Katatsuki]

Its a very interesting investing game, i will invest in this soon , it has a big future ahead

it can grow to 1000 eth

Definitely, this is a 1000 ETH+ app.

And it also helps grow my EthVentures, which is a 100,000 ETH+ app.


Both have huge potential ahead! 

https://www.youtube.com/watch?v=cKKHSAE1gIs

[clangtrump]

Good job. Although I have some questions about stuff I don't understand yet.

Code:

    // add a new participant to the system and calculate total players
    Total_Savers=depositors.length+1;
    depositors.length += 1;
    depositors[depositors.length-1].etherAddress = msg.sender;
    depositors[depositors.length-1].amount = amount;

I don't get why you add one and at the next line you subtract one.

edit: I got it, because adding the new depositor in the array would also increase depositors.length

Yes, the length must be integral, 1 spot hosts 1 value.

However the enumeration starts from 0 not 1.

So the first value is 0, the 2nd is 1, the 3rd is 2, and so on.

It's n-1.