Bitcat.ch was the first big automated ponzi site. I've won (and lost) a lot of BTC on Bitcat.ch, and xyu is an honest game operator.
Bitcoinduit was the first site to let anyone make their own ponzi round, and they really shook up the ponzi game scene. They pretty much put the "spreadsheet" ponzi guys out of business, even if Bitcat.ch was already nudging them out the door. I've won (and lost) plenty of BTC on Bitcoinduit as well, and Jonathan is an honest game operator, too.
So, who is better today? I have to say Bitcoinduit. Why? Let me enumerate the ways:
* Bitcinduit charges no fees after the 0.1 BTC taken from the round creators opening bet. Bitcat.ch charges 0.03 from each bet. A fee from the round creator seems more fair than a fee from every entry.
* Bitcoinduit shows the current pot on the game page. I have to whip out the calculator to figure the current pot on Bitcat.ch.
* Bitcoinduit's main page allows you to sort by several different criteria, including jackpot size and expire time.
Bitcat.ch's "make your own game" feature is pretty new. I expect they will catch up with / match / exceed Bitcoinduit's feature set soon.
The good news for us ponzi players is that competition is good. These two sites will compete for *our* business. I'm excited to see the featires they will be rolling out in the future.
Bitcoinduit's fees were actually 10% of the Host Deposit, but that number is now 5%. The other difference is that 50% of the expired pot goes to the Hosts, with the collected house fees and house piece of expired pots going to Wikileaks. Next week maybe it'll be a feed the children campaign. As long as the Charity has a bitcoin receiving address, I'll consider donating all site profits to them.
Other than that, I have used site profits to start longer term advertising campaigns, and the site experiences about 80% return traffic per day, with ~ 20% of all unique visitors being unique. Overall, this has meant a 5-10% per day growth in site traffic, which means more games and bets for the hosts and players. Just 1 1/2 weeks ago, daily unique visitors was around 25, and as of August 24, we are averaging 100 unique guests per day, with a bounce rate of 50%, and an average of 12 minutes per visitor. As Bitcoinduit gets noticed, and as I continue on my quest to help out good causes through this ridiculous little game, site traffic will inevitably increase, and additional game features are likely to be added.
This brings me to the next point. Who wants to continue development of the game features, and is someone that I can trust?
Are there any PHP/MySQL/Bitcoin RPC guys or gals out there who want to contribute towards implementing requested game features? We're too busy to do too much more than play the game we created at the moment.
Regards,
Jonathan
