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Author Topic: Bitcoin Pyramid [Beta] - the oldest working pyramid? [OLD THREAD]  (Read 58463 times)
arsenische
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July 23, 2011, 09:23:32 AM
 #61

New algorithm of money distribution has been released. Rules changed: members can receive no more than amount of money they deposited + 0.01 btc at a time. The remainder goes to random member(s). Hence there is no much sense in creating many zero deposit accounts. Members who deposit more money receive more profits.

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Yeti
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July 23, 2011, 10:36:25 AM
 #62

Let me clear that up, because at first I was shocked that I could only profit 0.01 BTC from the pyramid now... Wink

Say I deposit 1 BTC.
1st referral deposits 1 BTC as well, so I get 0.5 BTC.
2nd referral deposits 10 BTC, but I get only 1.01 BTC.
Then of course my referrer get's my cut.

Does that apply to all members or only new members?

1YetiaXeuRzX9QJoQNUW84oX2EiXnHgp3 or http://payb.tc/yeti

Since Bitcoin Randomizer is dead, join the Bitcoin Pyramid (referrer id #203)! Be quick, be on top! Instant payout as soon as one of your referrals deposits!
arsenische
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July 23, 2011, 11:01:41 AM
 #63

Say I deposit 1 BTC.
1st referral deposits 1 BTC as well, so I get 0.5 BTC.
2nd referral deposits 10 BTC, but I get only 1.01 BTC.
Then of course my referrer get's my cut.

Right, you will receive 0.5 + 1.01 btc in total (0.5 from the first referral + 1.01 from the second one). The remainder will be distributed randomly, and since you deposited 1 btc, you have a chance to get part of it too. If your existing referrals deposit or receive any income and hit the threshold, you will get up to 1.01 from each of them as many times as they do so. That means if they win random payouts and hit the threshold, you will get something from it too.

Does that apply to all members or only new members?

This applies to new payments of all members. Bitcoin Pyramid is a pyramid and it is in Alpha stage. I hope that everybody realizes the risks of taking part in it. I try to make rules fair and stimulating for growth. If somebody feels that something is going wrong, please let me know and we'll try to fix it.

PS: Thanks for clarification, Yeti.

arsenische
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July 23, 2011, 11:21:47 AM
 #64

Should I change the wording in rules, stats or welcome pages?

myhoho
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July 23, 2011, 01:01:05 PM
 #65

New rules are awesome Smiley! Very good stimulation.
The best illustration: http://bitcoinpyramid.com/member/255/history
Raoul Duke
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July 23, 2011, 01:03:15 PM
 #66

New rules are awesome Smiley! Very good stimulation.
The best illustration: http://bitcoinpyramid.com/member/255/history

Thanks for the new rules, finally i made some money from the pyramid. 2 random payments!


anthony_
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July 23, 2011, 03:31:59 PM
 #67

Come on people, deposit some more!
codler
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July 23, 2011, 03:36:42 PM
 #68

Come on people, deposit some more!

Ill deposit when I get something withdrawn^^ http://bitcoinpyramid.com/r/38

anthony_
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July 23, 2011, 04:46:56 PM
 #69

Come on people, deposit some more!

Ill deposit when I get something withdrawn^^ http://bitcoinpyramid.com/r/38

with only a 0.02 deposit you probably aren't going to see anything...
arsenische
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July 23, 2011, 05:32:43 PM
 #70


Ill deposit when I get something withdrawn^^ http://bitcoinpyramid.com/r/38

with only a 0.02 deposit you probably aren't going to see anything...

chances are low... but sooner or later it might happen, as just happened to #13  

Update: oops, I am sorry, it happened long ago. But #204 got random payment today. S/he has 0.1 btc deposited.

riceberry
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July 23, 2011, 07:05:09 PM
 #71

Just got my first automatic withdrawal today of 0.02149

Ive deposited 1.1 in total

let the coins flow through you
ecurrency.ec
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July 24, 2011, 03:51:51 AM
 #72

Hello!

I am little confised, this is my stats - http://bitcoinpyramid.com/member/242
I have one referal - http://bitcoinpyramid.com/member/255 (from hall of fame!) he deposited 5BTC, and I've espected to earn 50% of his deposit, but due to my statistics, I've received much less - http://bitcoinpyramid.com/member/242/history

Please explain, thanks! BTW I speak russian, so you can send me PM with answer in russian and I will post translation here, if you need

www.ecurrency.ec - ecurrency blog (bitcoin, etc)
ecurrency.ec
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July 24, 2011, 04:03:25 AM
 #73

Currently each member receives 50% of income of his/her referrals.

Since membership is free, some members build a sequence of zero-accounts thus reducing the profit of their sponsors, which is not quite fair.

I propose to change the rules and to implement the following algorithm:
  • When member deposits newDeposit btc, his/her sponsor will receive max( min(0.5*newDeposit, 0.01), min(depositedBySponsor, 0.5*newDeposit) )  btc and the remainder will go to random member(s).
  • When member's balance hits the threshold (currently 0.021 btc), his/her sponsor will receive max( min(0.5*balance, 0.01), min(depositedBySponsor, 0.5*balance) ) btc, 0.5*balance will go to member's withdrawal address, and the remainder will go to random member(s).

Thus newcomers without bitcoins will be able to start earning bitcoins for free, and at the same time people who have bitcoins will not be too interested in making many zero-accounts. I expect that this measure will increase the profits of those who deposit something.

What do you think, is it worth of implementing?

Just read it, ignore my previous question then

Well it makes sense, but in some cases, like mine, when you make small deposit to try how it's all working, and refered someone who deposited much more, you will earn too small amount.

I refered person who is now in hall of fame, but received even less then my inicial deposit. I think it's not fair)))

www.ecurrency.ec - ecurrency blog (bitcoin, etc)
geek-trader
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July 24, 2011, 04:49:16 AM
 #74

http://bitcoinsurf.net/kingofthemountain/  (Ponzi / Pyramid game) started 45 minutes ago.  It goes for 1 week.  Get in NOW and win!  (time at the top is broken at them moment)

I've won tons of BTC from this game.  GO GO GO!


(sorry for the spam)

Make 1 deposit and earn BTC for life! http://bitcoinpyramid.com/r/345
Play my FREE HTML5 games at: http://magigames.org  BTC donations accepted.
ecurrency.ec
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July 24, 2011, 05:19:58 AM
 #75

Why not start new thread for your game? This is discussion of other project

www.ecurrency.ec - ecurrency blog (bitcoin, etc)
geek-trader
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July 24, 2011, 05:25:05 AM
 #76

Why not start new thread for your game? This is discussion of other project

It has a thread.  It's not my project.  I'm just a player.  I'm posting here, because this is a similar game, and I think i might get some people to play.  Like your game, this game requires more players to pay off earlier players.

Like players in this game, I am cross posting to similar threads.

All the pyramid / ponzi games are similar.  We all need to promote to get new players to pay the bets we made.  A little cross-promotion never hurt anyone.  In fact, I've found some really profitable games that way.

Make 1 deposit and earn BTC for life! http://bitcoinpyramid.com/r/345
Play my FREE HTML5 games at: http://magigames.org  BTC donations accepted.
ecurrency.ec
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July 24, 2011, 06:51:29 AM
 #77

Well, this is official thread of Bitcoin Pyramid, and they even have link to this page at their website. IMHO it's not good idea to advertise other project in their thread

From the other hand, I've found link to this game from the thread of fitst bitcoin piramid, btlex or something like that, but they were dead or at least in coma at that moment

www.ecurrency.ec - ecurrency blog (bitcoin, etc)
geek-trader
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July 24, 2011, 06:56:27 AM
 #78

look around, my friend.  Your pyramid game here has way more spammers than other similar games.

all is fair in love and money.

Make 1 deposit and earn BTC for life! http://bitcoinpyramid.com/r/345
Play my FREE HTML5 games at: http://magigames.org  BTC donations accepted.
ecurrency.ec
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July 24, 2011, 07:03:24 AM
 #79

It´s not my game) Ok, let OP decide is it ok or not)

www.ecurrency.ec - ecurrency blog (bitcoin, etc)
khanning
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July 24, 2011, 12:28:27 PM
 #80

Seems interesting. I threw .5BTC at it to see what happens

Member #257

Need to send me something?.... 1KUe3CMcZfnXhjtMMsZ89Jmc7s7QmyqWYr

Join me at http://bitcoinpyramid.com/r/257 (http://bitcoinpyramid.com/r/257) to become rich beyond your wildest dreams Wink
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