Bitcoin Forum
July 22, 2019, 05:00:45 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: [1]
  Print  
Author Topic: Ponzi.io - A Bitcoin social experiment  (Read 2493 times)
ponzi_io
Newbie
*
Offline Offline

Activity: 21
Merit: 0


View Profile
February 04, 2014, 10:14:16 AM
Last edit: February 04, 2014, 10:32:16 AM by ponzi_io
 #1

Ponzi.io
A Bitcoin social experiment

We are trying out a social+economic experiment.
Send money to 1ponziUjuCVdB167ZmTWH48AURW1vE64q and get 1.2x back (minimum deposit 0.001 BTC).
Your payout is funded by the people who deposit after you.

For more info, go to http://ponzi.io
1563814845
Hero Member
*
Offline Offline

Posts: 1563814845

View Profile Personal Message (Offline)

Ignore
1563814845
Reply with quote  #2

1563814845
Report to moderator
1563814845
Hero Member
*
Offline Offline

Posts: 1563814845

View Profile Personal Message (Offline)

Ignore
1563814845
Reply with quote  #2

1563814845
Report to moderator
1563814845
Hero Member
*
Offline Offline

Posts: 1563814845

View Profile Personal Message (Offline)

Ignore
1563814845
Reply with quote  #2

1563814845
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1563814845
Hero Member
*
Offline Offline

Posts: 1563814845

View Profile Personal Message (Offline)

Ignore
1563814845
Reply with quote  #2

1563814845
Report to moderator
1563814845
Hero Member
*
Offline Offline

Posts: 1563814845

View Profile Personal Message (Offline)

Ignore
1563814845
Reply with quote  #2

1563814845
Report to moderator
serje
Legendary
*
Offline Offline

Activity: 1106
Merit: 1000



View Profile
February 04, 2014, 10:17:29 AM
 #2

Hahaha
nice one Cheesy
But I will not send!

Will watch this to see how it will go!
coinrevo
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
February 04, 2014, 11:01:59 AM
 #3

I think this is a pretty bad idea for investors and Mr. Ponzi. don't get caught by an angry investor. you haven't even activated whois protection, so I would take it down ASAP.

if this would have been done using an anonymous DNS registrar or torservice, then I would be more impressed. I think Mr. Ponzi is running a pretty high risk in terms of "investors" and police.

would be interesting to know how this is being treated legally. clearly its not honest, as payout is said to be "guaranteed". you could have done this as a charity if this would have really been an experiment. for example by picking a balance at random when the money goes to X.
zaigon
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
February 04, 2014, 11:35:19 AM
 #4

omg  really? are you stupid or what.. a ponzi squeme. its a BIG BUBBLE  this guy must be banned this never will work this is clear math.. the lasts ones are those that loose if not new customers NO money and the piramid colappse
frankenmint
Legendary
*
Offline Offline

Activity: 1218
Merit: 1014


HoneybadgerOfMoney.com Weed4bitcoin.com


View Profile WWW
February 04, 2014, 11:42:05 AM
 #5

I've started my own social experiment - If you think that this person intends to take the money and run...then give him negative feedback.  He's make his intentions clear...make your intentions clear with him.

olsn
Newbie
*
Offline Offline

Activity: 55
Merit: 0


View Profile
February 04, 2014, 02:52:07 PM
 #6

Depending on where you are located, I would take down that site immediately and run. Ponzi-schemes are illegal in most countries (even if disguised as a 'social experiment') and people DO go to jail for stuff like you are doing right now. You will have a hard time trying to defend yourself in front of a court by stating "but it was just an experiment".
serje
Legendary
*
Offline Offline

Activity: 1106
Merit: 1000



View Profile
February 04, 2014, 03:22:49 PM
 #7

I see his transaction feed is empty!
I hope it stays that way an no one spends his BTC with his "experiment"
ADcoin.me
Hero Member
*****
Offline Offline

Activity: 794
Merit: 500


I'm NOT affiliated with adcoin.me site in any way!


View Profile
February 04, 2014, 03:30:48 PM
 #8

This is most probably illegal, my advice is to take it down.

I had a nice laugh, thank you for that. xD
Akka
Legendary
*
Offline Offline

Activity: 1204
Merit: 1001



View Profile
February 04, 2014, 03:42:18 PM
Last edit: February 04, 2014, 04:21:14 PM by Akka
 #9

Guys calm down. He even calls it a ponzi.

I remember bitcoinduit.

It was a site where everyone could start his own ponzi. You set a min and max deposit. How many percent profit each deposit gets, how many percent profit you make from each deposit, a jackpot, where you could put coins into that the very last investor gets and how many percent of each invest get into the jackpot.

The trick was to choose all the settings and the bait right, to keep your ponzi going long enough for you to make back the jackpot bait while not set your profit and early investor provits so high that to few risk it.

All was open and clear (you could see every BTC Transaction and all settings) and a lot of fun.

*Although, note that this is still a loosing game. Like ever "investment" like this.

All previous versions of currency will no longer be supported as of this update
gogodr
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
February 04, 2014, 04:18:41 PM
 #10

If I send 0.1BTC and then another person sends 0.001BTC will I get 0.12BTC ?
hjbuell
Member
**
Offline Offline

Activity: 70
Merit: 10

Writer $0.10/word +


View Profile WWW
February 04, 2014, 06:36:10 PM
 #11

If I send 0.1BTC and then another person sends 0.001BTC will I get 0.12BTC ?

If you send 0.100, that creates a pool of 0.1000 - and you're at the top, because no one else is in the pool yet, so yes, when others put their money in, you technically will get a payout of 0.12BTC - at least until the site gets 'hacked' or 'loses the BTC wallet' or whatever.

It's not really a Ponzi scheme. A 'true' Ponzi scheme is where people are tricked into believing their money is being invested, and that they are being paid a return. In fact, the new people are paying off the early investors - until it eventually crashes. But hey, it makes for good press, haha.

It's basically like a gambling game, except you know if you get in early, you'll win, while the later in the game you start, the more likely you are to lose out. In gambling, unless you get lucky, you're always going to lose, because the odds are stacked against you.

Poker, by the way, is not considered gambling (it's just like a Ponzi scheme - all of the people who don't know how to play end up losing their money): http://www.henrybuell.com/gaming-legislation-makes-poker-history/

Being different is all it takes to make a difference. H. J. Buell
Writer from $0.10 per word. https://hjbuell.com
erre
Legendary
*
Offline Offline

Activity: 1232
Merit: 1037



View Profile
February 04, 2014, 06:42:44 PM
 #12

Calm down people, it's gambling not a scam!
One of the most legit ponzi site never ever seen...

Roll a dice FOR FREE every hour, and win up to $200 in btc ---> CLICK HERE

Tip me using the LIGHTING NETWORK! -->https://tippin.me/@Erre96344121
flynn
Hero Member
*****
Offline Offline

Activity: 728
Merit: 540



View Profile
February 04, 2014, 07:47:19 PM
 #13

Interesting to look at
https://blockchain.info/address/1ponziUjuCVdB167ZmTWH48AURW1vE64q

intentionally left blank
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!