Bitcoin Pyramid - 1.5x Payout (First hour is blind!)

[beyond]

Bitcoin Pyramid - 1.5x Payout

Rules:

• Minimum deposit of 0.05 BTC
• Maximum deposit of 2 BTC
• Fee is the transaction fee, I'll eat the cost of those who got in before this change.  Sorry but the first payout was more than 0.0005
• Round ends 24 hours after last deposit
• Payout is sent when there is a balance of 1.5 times last unpaid deposit
• Any balance remaining at end of round goes to operators
• Deposits are recorded upon reaching 6 confirmations in order they are received
• Use only the official bitcoin client for deposits, do not deposit from a pool
• Any deposit that doesnt meet the rules is returned less the fee if possible

Deposit Address: 1C9spah9aRcheBTsjUF9iMbhncoPVhMQpS
Live Spreadsheet: http://bit.ly/krRDIK

First deposits will be posted at 1:00 PM EDT, in order! (The blind hour!)

*edit (12:19pm 6/23/2011): updated live spreadsheet to the actual doc instead of the published version.
*edit (1:07pm 6/23/2011): Fee is the trans fee now, got charged more on first payout, i'm transfering in to cover it.

[1713296615]

1713296615

[1713296615]

1713296615

[EpicNoob]

n/a

[beyond]

I know theres always block explorer but what the heck still fun right?

[phungus]

Oh boy. :-)

[cold]

I'm in! 

[zelva]

We are supposed to trust a person with 10 posts who will not pay out anyting in the first hour.

[Nilarium]

We are supposed to trust a person with 10 posts who will not pay out anyting in the first hour.

and who started mining a week ago

[beyond]

Im not forcing anyone to play, do whatever you want.  now shoo trolls.

[EpicNoob]

n/a

[beyond]

also, everything is displayed on blockexplorer, im not cheating anyone. in fact i'm working to transfer a bit of btc into that wallet to cover the trans fee over .0005 for the first couple people

[elelegzet]

zelva, fortune favours the brave

Frauds adore brave people as well.  

So, for know, there are nothing to worry about this particular game, I guess... But always be aware of scam, people...

[beyond]

The first payment has gone out, and my deposit of .03 is on the way to cover trans fees.  Please check block explorer for confirmation.

And otherwise, lets play and have fun thats the point, we dont need to troll everyone to death, leave that for 4chan.

First Payment: http://blockexplorer.com/tx/2d420f814d0e686a8090c5a047f875c35462e599b84c1eac4ba9edaba66c9a7b#i1361058

edit: first payment link

[Ilikeham]

I think we're all aware of all kinds of scams, no one here seems overly naive.

Life is short, let's see what happens. Payment sent.

[cold]

Got paid, thanks op!

[CJYP]

I don't have much to send, but I sent 0.16.

[beyond]

I see it, waiting for it to become confirmed

Remember everyone the game continues until no deposits have been made for a full 24 hours, then we will start a new round.  I already have some ideas cooking for round #2.

[Ilikeham]

New ideas like what? I like to gamble so I'm interested.

[beyond]

lmao,
well i was pondering doing something like after the 24 hours if there are people unpaid (most likely), and money in the pot (likely as well) we do a 50-75% return to those people of whats left, leaving a small portion for the operators to keep. 

Another idea is a shuffle of the blind hour or something like that. 

I may up the limits as well if we do this, open to opinions and ideas

[beyond]

I commute to work so will be offline until about 5:30pm tonight, i also goto bed at around 10pm, so will be updating as much as possible between these time frames.  I get to work at 7am, and will resume updating at that point in morning.  The pyramid is decided by what block explorer says, and it is driven by the block chain.

SO, even if I'm unable to update it due to real life, as soon as i can get to my computer it will be updated the same way. 

All times EDT.  I'll update the spreadsheet with this information as its a daily routine (weekends may vary considerably based on real life things)

Again, remember the block chain is the bible, and i'll be updating based on it.

[beyond]

2 more people paid, and another is just waiting for transactions to become confirmed!

Get in while its still early!