Bitcoin Pyramid [Beta] - the oldest working pyramid? [OLD THREAD]

[yo-blin]

What do you think about the concept of the aging deposit ?
for example
"Everybody for support of presence in the pyramid is required to make a deposit with a frequency of 1 every year"

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[arsenische]

What do you think about the concept of the aging deposit ?
for example
"Everybody for support of presence in the pyramid is required to make a deposit with a frequency of 1 every year"

I am in doubts. This measure would encourage new deposits from early members. But maybe it would be nicer to give incentive for recurring deposits (rather than to extort payments from existing members).

So far I like the idea of recalculating the whole transaction history and converting it to USD (or even to artificial game currency that could inflate ~10%/month vs bitcoin). It would allow members to receive a lifetime ever-decreasing income and it would give them incentive to increase that income by depositing money or by attracting new members. If Bitcoin Pyramid is saturated, there will be a delay in deposits... But at some point new members would get an advantage due to inflation, so they would enter the pyramid and thus recover some of the losses of unfortunate older members and generate profits for fortunate ones.

[kbroadfoot]

It isn't dead yet!  0.5 BTC dropped into the pyramid today 

[myhoho]

 I do support this initiative - we should convert deposits into Linden Dollars and get all the Second Life folks

[Kyraishi]

If you don't refer peoples or don't have referrals, and you deposit something you will lost them all..
It's just good for peoples with lots of referrals..

[vastbitcoins]

Feel free to join under me http://bitcoinpyramid.com/r/11371

[n1c]

Hey guys; I've been working on a similar but different pyramid. With the emphasis on transparency & simple rules. Could I link to it here for some early feedback?

[KonstantinosM]

http://bitcoinpyramid.com/r/11507

Part of the pyramid... Oh yeah!

[arsenische]

Hey guys; I've been working on a similar but different pyramid. With the emphasis on transparency & simple rules. Could I link to it here for some early feedback?

Thanks for asking. I think Bitcoin Pyramid members deserve to be among the first people who know about it.

Let's see how the simplified version of rules work. Sign in under my ref: http://pyramidofcoins.com/r/15hV8FxJkc4V6pmDGeWkGBCTM6oW1q8mXe and I will spend up to 1 btc to oppose outdated pyramid ads thus generating some revenue to existing members. According to Earnings Estimator, 27 referrals with depth of 2 are needed  

[n1c]

Hey guys; I've been working on a similar but different pyramid. With the emphasis on transparency & simple rules. Could I link to it here for some early feedback?

Thanks for asking. I think Bitcoin Pyramid members deserve to be among the first people who know about it.

Let's see how the simplified version of rules work. Sign in under my ref: http://pyramidofcoins.com/r/15hV8FxJkc4V6pmDGeWkGBCTM6oW1q8mXe and I will spend up to 1 btc to oppose outdated pyramid ads thus generating some revenue to existing members. According to Earnings Estimator, 27 referrals with depth of 2 are needed  

Nice one; thanks!

[arsenische]

Received my first payout from referral of http://pyramidofcoins.com/r/15hV8FxJkc4V6pmDGeWkGBCTM6oW1q8mXe , sent 0.025 to oppose the outdated ad http://bitcoinpyramid.com/ads/80

[kbroadfoot]

Looks like fun... I will participate... as the bitcoin pyramid was nice to me today 

[demon17]

Hey I made a deposit over a month ago it was not alot but it was all i had and i havent even earned 1 referral why is that Demon27 

Love is the meaning of life, and the answer to your questions*
18GTHL5fD4BmaZLb4WKd8wWRFGh7T4M1rJ

[kbroadfoot]

The bitcoinpyramid is not a 'forced matrix' pyramid.... you can make your own mini pyramids above your position... but your position will never be filled in without some work... you need to advertise your referral link to get referrals... This is NOT scientific but after roughly 100 folks get signed up under you in some way or another then it reaches some sort of saturation where it grows without your help...

[opengrid]

The value of a single BTC rises thus newcomers have to invest a lot, so I suggest to include "burn down" function that decrease deposited value over time.
This could encourage more frequent payments of old members and equalize BTC/USD ratio among old/new members.

[robattfield]

Just joined a couple of days ago after seeing it's legitimacy (have not seen anything that says it is a scam, although 'pyramid' might make alarm bells ring for some others). Deposited 0.0023 BTC through the site, so if your member id is 11231 then you will have been sent 0.00165 BTC to your account . Am hoping to get some referrals so I can start feeling confident this might actually work. If anyone wants to join under me, you can sign up under my link @ http://to.cur.lv/bitcoinpyramid .

[kbroadfoot]

blockexplorer down today      blockexplorer may have outlived it usefulness... can the bitcoinpyramid be redirected to blockchain.info instead?

[kbroadfoot]

The pyramid is alive... in spurts... I got about 0.140 BTC from it in december.... new members arrive daily but most don't deposit...

[optimus378]

http://bitcoinpyramid.com/r/12521  -- Well here's my referral link. Worth a shot I suppose.

Thanks to anyone.

[Bitcause]

Hello,

I became a member of the group almost two months ago. I am very interested in helping to develop, grow and spread the word about the program.

I want to voice a suggestion of restructuring the format to a basic, and straight forward format that would entail members joining the group with a required specified amount, for example: 1 BTC. Every new member would fill in equally and move up equally, regardless of referral or not. So with a 100 person group, the payout for exiting a 1 BTC structure would be 100 BTC. The reason this format could be more effective, is because we would have at least one person reaching the top and getting paid out everyday! This fact would multiply interest in the system and create momentum. The motivation for members to promote the system and bring new members in could be greater this way because it would eliminate non paying members taking up positions, the payout would be much more attractive and frequent, and therefore more exciting!

I don't know if this is something that has been attempted in the past, if not, then we should open a discussion about this. The oldest working pyramid in the bitcoin domain should not only be alive, it should be thriving!!