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WolfCalvary (OP)
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August 12, 2011, 05:22:37 AM
 #1
new ponzi just opened up! come make some Bitcoins!

ROI: 34%
Jackpot: 0%
Fees: 0.0%
Minimum Deposit: 0.1000 BTC
Maximum Deposit: 1.0000 BTC
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WolfCalvary (OP)
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August 12, 2011, 05:23:20 AM
 #2
Quote from: WolfCalvary on August 12, 2011, 05:22:37 AM
new ponzi just opened up! come make some Bitcoins!

ROI: 34%
Jackpot: 0%
Fees: 0.0%
Minimum Deposit: 0.1000 BTC
Maximum Deposit: 1.0000 BTC

I feel stupid... forgot the link........
http://bitcoinduit.com/game/viewRound.php?id=1Ponzi
viboracecata
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August 12, 2011, 06:48:09 AM
 #3
How do you make the profits?
iBuilding A Better Interneti
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timmey
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August 12, 2011, 11:30:59 AM
 #4
Quote from: viboracecata on August 12, 2011, 06:48:09 AM
How do you make the profits?
usual ponzi scheme:
- guy One pays 1BTC to the deposit address
- guy Two enters the game with 0.5BTC (overall pot is raised to 1.5BTC)
- ROI is 34%, guy One is first in line, he payed 1BTC, return is 1BTC x 34% = 1.34BTC
- guy One receives 1.34BTC payout (overall pot is reduced 0.26BTC)
- guy Two must wait for others to refill the pot for his payout
- repeat until ponzi collapse


tl;dr: Get in early to make profit Wink
thisisgil
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August 12, 2011, 07:14:26 PM
 #5
Interesting that people actually admit to running ponzi schemes now - Bitcoin truly is a revolutionary currency Smiley

Anybody from these boards thrown any coins in that can keep us updated as to how they do?
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indio007
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August 12, 2011, 07:23:53 PM
 #6
Well these ponzi's are gambling really. You only need to  ask yourself. "What are the  odds I got in early enough?"
Hollie
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This account was a fraudulent account.


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August 12, 2011, 09:21:13 PM
 #7
http://rand.bitcat.ch - The Best place to earn Bitcoins. I Turned .5 btc into 5btc. There is no limit to how much you can win back, EVER!
This account was a fraudulent account created by a girl in Melbourne, Australia. There is no point messaging this account, continue with reversing all paypal transactions.
thisisgil
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August 13, 2011, 11:02:11 AM
 #8
I know a lot of people who lost big on that, Ninja.

There's no such thing as a free lunch!
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Stefanie Andrea
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August 13, 2011, 11:16:17 AM
 #9
Quote from: thisisgil on August 13, 2011, 11:02:11 AM
I know a lot of people who lost big on that, Ninja.

There's no such thing as a free lunch!

How can you lose big?

.5 btc isn't even a lot.
Lolcust
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August 13, 2011, 11:20:46 AM
 #10
Heh, I wonder if there exists a ready-made open-source bitcoin ponzi engine ^__^
Geist Geld, the experimental cryptocurrency, is ready for yet another SolidCoin collapse Wink

Feed the Lolcust!
NMC: N6YQFkH9Gn9CTm4mpGwuLB5zLzqWTWFw67
BTC: 15F8xbgRBA1XZ4hmtdFDUasroa2A5rYg8M
GEG: gK5Lx6ypWgr69Gw9yGzE6dsA7kcuCRZRK
Stefanie Andrea
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August 13, 2011, 11:23:52 AM
 #11
Quote from: Lolcust on August 13, 2011, 11:20:46 AM
Heh, I wonder if there exists a ready-made open-source bitcoin ponzi engine ^__^

Maybe ask the Creators where they got theirs
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