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Author Topic: Bit Burrito - 5 day reset time!  (Read 950 times)
dannyjr89 (OP)
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June 04, 2013, 04:22:36 AM
 #1

This is the all-powerful Bit Burrito!
www.bitburrito.com

The price is set to increase by 50% after each purchase. Your profit is 75% once the next buyer snatches it. This bad boy resets after 5 days of inactivity. Starting price is just 0.1btc. Satisfy your hunger and your wallet at the same time!
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ganabb
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June 11, 2013, 12:07:26 PM
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How much is the maximum allowed bet ?

dannyjr89 (OP)
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June 13, 2013, 01:34:05 PM
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There is no maximum bet cap.
dannyjr89 (OP)
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June 15, 2013, 03:32:26 PM
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bump
junglist.massive
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June 17, 2013, 10:01:42 AM
 #5

I'm hungry now
DiamondCardz
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June 17, 2013, 08:47:24 PM
 #6

The price is set to increase by 50% after each purchase. Your profit is 75% once the next buyer snatches it.

Um...

Quote
You will stay the owner until the next Bit Burrito buyer purchases it for 0.15 bitcoins. We then will send 0.175 bitcoins back to you. That means a 75% (0.075 btc) profit for you.

Um...that isn't even sustainable for 3 fucking purchases.

 Number \ Site Balance
1st purchase \ 0.1 BTC
2nd purchase \ 0.25 BTC - 0.175 BTC = 0.075 BTC
3rd purchase \ 0.35625 BTC - 0.4375 BTC = In the negative

This is so badly thought out that it's unbelievable, unless you expect some godly luck from resets, this is probably a scam.

BA Computer Science, University of Oxford
Dissertation was about threat modelling on distributed ledgers.
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June 18, 2013, 01:08:25 AM
 #7

The price is set to increase by 50% after each purchase. Your profit is 75% once the next buyer snatches it.

Um...

Quote
You will stay the owner until the next Bit Burrito buyer purchases it for 0.15 bitcoins. We then will send 0.175 bitcoins back to you. That means a 75% (0.075 btc) profit for you.

Um...that isn't even sustainable for 3 fucking purchases.

 Number \ Site Balance
1st purchase \ 0.1 BTC
2nd purchase \ 0.25 BTC - 0.175 BTC = 0.075 BTC
3rd purchase \ 0.35625 BTC - 0.4375 BTC = In the negative

This is so badly thought out that it's unbelievable, unless you expect some godly luck from resets, this is probably a scam.

Not to mention this isn't even a new idea.
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June 18, 2013, 07:10:16 PM
 #8

New chain games are almost as bad as new altcoins.

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