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lassincha (OP)
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July 09, 2013, 06:47:04 AM
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http://coinbomb.com/#

Has anyone tried this? Principle is pretty simple. You have to buy bomb from previous owner. After that price rises by fixed multiplier. When somebody buys the bomb from you, you make profit. When the bomb has been bought timer starts counting towards zero, owner has 24 hours time to find new buyers or the bomb will explode and he will lose his coins. More expensive bombs allows you to make more profit, if someone buys it. There is also possibility to win instant jackpot.

You can also buy bombs with litecoins.

I think there are other "games" like this one to be found also.
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CEG5952
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July 09, 2013, 07:57:31 AM
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Yeah I don't like these. It's a ponzi scheme wrapped into a game. Good luck holding the bag!  Wink

lassincha (OP)
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July 09, 2013, 08:02:20 AM
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I consider it to be more like a gamble than ponzi scheme. Since you know from beginning that you could lose your coins.  Smiley
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July 09, 2013, 08:59:44 AM
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I almost bought one bomb, but somehow I changed my mind and bought Bitcoin T-shirt instead. Smiley
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July 09, 2013, 11:28:10 AM
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Definately a ponzi scheme, price increases each time a person buys it and the site takes 10-12% profit on each buy except the last buy it looks like and the last person that bought it loses 100% when the price got high enouth that no one else want to buy it.

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July 09, 2013, 12:16:58 PM
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I consider it to be more like a gamble than ponzi scheme. Since you know from beginning that you could lose your coins.  Smiley

It's a gamble that you have pretty much no control of...  
I would say it's a ponzi scheme, and plus these things will always turn out badly.
Youngbill
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July 09, 2013, 12:45:17 PM
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+1


Sounds like an interesting game, but I think you may have inadvertently placed yourself on a few persons of interest lists by using the word bomb seven times in your OP.  Embarrassed
bitcoin44me
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July 09, 2013, 12:47:43 PM
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I consider it to be more like a gamble than ponzi scheme. Since you know from beginning that you could lose your coins.  Smiley

It's a gamble that you have pretty much no control of...  
I would say it's a ponzi scheme, and plus these things will always turn out badly.


Not really.
When you play satoshi dice, you know that you are loosing money, but there is a chance than you make profit Smiley

It is the same here, maybe someone will buy it and give you some profit, or maybe you will lose your btc Smiley

tacoman71
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July 09, 2013, 06:34:36 PM
 #9

I consider it to be more like a gamble than ponzi scheme. Since you know from beginning that you could lose your coins.  Smiley
It's more like a pyramid scheme in my opinion.

Feeling generous? Like my post? Leave a tip at BTC: 1NZJ8cceqEiKDZGAJged2vNGCyfFMUEYPt
dirty dog
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July 09, 2013, 08:30:22 PM
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My last bomb went  boooooooooom while I was holding it, and I was sure someone would by it from me as it was much cheaper than previous bombs, no such luck booooooooom I won't be playing again.
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July 09, 2013, 08:42:13 PM
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I consider it to be more like a gamble than ponzi scheme. Since you know from beginning that you could lose your coins.  Smiley
It's more like a pyramid scheme in my opinion.
No because returns are paid with new investor money. Pyramid schemes are more often schemes where you pay $x to become a member, then you make $x by bringing in y new members.
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July 09, 2013, 08:46:45 PM
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Generally it is a bad idea unless you don't care about losing the money you put in which is always a distinct possibility.  (Unless you are the one SELLING the initial bomb...that is the smart position).

Runescape
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July 09, 2013, 11:31:20 PM
 #13

"Coin Bomb Is The Bomb" should be your motto
IAmTheOutlander
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July 10, 2013, 01:11:04 AM
 #14

it seems like gambling is what happens when people try to "buy and hold" their BTC and get impatient. Then they just want to throw it away lol

I sell discount Gift Cards(Starbucks, Amazon, B&N, Gamestop)Media Subscriptions (Netflix, Hulu Plus, Spotify). www.EasyeGift.com
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July 10, 2013, 04:38:14 PM
 #15

Ponzi If I ever saw one.
more losers thanwinners in the long run.
meekstav876
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July 10, 2013, 04:45:39 PM
 #16

http://coinbomb.com/#

Has anyone tried this? Principle is pretty simple. You have to buy bomb from previous owner. After that price rises by fixed multiplier. When somebody buys the bomb from you, you make profit. When the bomb has been bought timer starts counting towards zero, owner has 24 hours time to find new buyers or the bomb will explode and he will lose his coins. More expensive bombs allows you to make more profit, if someone buys it. There is also possibility to win instant jackpot.

You can also buy bombs with litecoins.

I think there are other "games" like this one to be found also.

Coinbomb is the bomb!
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