masterboss
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February 14, 2014, 12:12:25 PM |
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everything is uncoinfirmed :/ I can't resend BTC
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Betek
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February 14, 2014, 12:18:51 PM |
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nrvkush
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February 14, 2014, 12:19:11 PM |
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As soon as others pay in.
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GlenPL
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February 14, 2014, 12:21:31 PM |
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@masterboss Yeah, it doesn't look good.
I think every single transaction in should be send as one single transaction out, not a few-in-one.
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Betek
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February 14, 2014, 12:25:04 PM |
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Areast (OP)
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February 14, 2014, 12:26:05 PM |
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Thanks for all the questions guys. I'll answer them in order; Areast, you've got pm!
Sorry about that, f1shy. For some reason your deposit never made it to the database, so the script didnt know to repay you. I have repaid this manually now and will check why this happened. everything is uncoinfirmed :/ I can't resend BTC
Can you send me some TX IDs which are unconfirmed please? Everything seems to be working fine for most players. Thanks for a great deposit! Payment rounds occur every 5 minutes and are based on a first come first served basis (oldest deposit is repaid first). If there are insufficient funds in the wallet to repay a deposit it is skipped until the funds are available - this is so everyone else’s payments aren’t held up too. Once the wallet reaches more than 1.25BTC (confirmed) balance, you should get your repayment! I think it would be a good idea to develop a table showing the "pending" payments and what order they are in so everyone knows what they can expect payment. I'll work on that ASAP.
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tonino
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February 14, 2014, 12:31:54 PM |
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@Areast or all
can some one please explain what paid in and paid numbers are? they look strange because some paid out are less than paid in
thanks
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Areast (OP)
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February 14, 2014, 12:32:48 PM |
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There's a problem with repayments at the minute, BlockChain API is reporting a larger wallet balance than what is available meaning the script tries to send more bitcoins than it has! I'm working on this now and will push payments through manually until its fixed. @Areast or all
can some one please explain what paid in and paid numbers are? they look strange because some paid out are less than paid in
thanks
Paid in = deposits sent to Bitvestment Paid Out = payments sent to that address Paid Out will be less than Paid In whilst there are still payments pending, which I am working on now
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tonino
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February 14, 2014, 12:36:40 PM |
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thanks for taking time to answer all questions. but I have also unconfirmed payments and would like to reinvest. why are the payments unconfirmed? because bulk payments?
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Betek
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February 14, 2014, 12:39:27 PM |
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@Areast
so i must wait when your wallet have 1.25 BTC and more ? so I will never wait until this paid
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Areast (OP)
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February 14, 2014, 12:41:12 PM |
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thanks for taking time to answer all questions. but I have also unconfirmed payments and would like to reinvest. why are the payments unconfirmed? because bulk payments?
I'm not 100% sure why that's happening, I believe it could be caused by the repayment transactions sending BitCoins which are yet to confirm within our wallet. I'm not sure how to prevent this, the BlockChain API documentation isn’t that good. I'll have a look. @Areast
so i must wait when your wallet have 1.25 BTC and more ? so I will never wait until this paid
That's how the logic is configured. It is also explained on the Bitvestment site and in this thread. The reason for this being, to hopefully keep the game going for as long as possible. The more players invest, the sooner you will receive payment. You are nearing the top of the list now so as soon as we hit +1.25BTC you will get paid.
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f1shy
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February 14, 2014, 12:42:44 PM |
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Perhaps it would be safer to wait with payout until all deposits have at least 1 confirmation?
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tonino
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February 14, 2014, 12:45:21 PM |
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Perhaps it would be safer to wait with payout until all deposits have at least 1 confirmation?
maybe it woul dbe good for the investor to reinvest only after the payments have been confirmed. the coin has 2 sides
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Areast (OP)
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February 14, 2014, 12:48:26 PM |
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Perhaps it would be safer to wait with payout until all deposits have at least 1 confirmation?
Indeed, and the "available balance" presented to the repayment script only considers confirmed BitCoins, however when the transaction is submitted to BlockChain to process, I'm not sure how to dictate "only use confirmed coins for this transaction". This doesn’t seem to be documented in their API... Unless I'm missing something!
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Betek
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February 14, 2014, 12:50:11 PM |
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maybe stop withdraw and collect BTC to my withdraw..
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f1shy
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February 14, 2014, 12:52:12 PM |
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Betek, if you send such large amount you will have to wait a bit longer. This has been the case in every ponzi that there has been until now. If you start spamming this topic you will only chase potential new players away and then it will take even longer... Just be patient
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Kyraishi
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February 14, 2014, 12:56:06 PM |
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More more more.. we need more ponzi.....
I fully appreciate Ponzi games aren’t for everyone. Having played a couple on here recently I quickly became frustrated with the lack of communication from the owners, and\or the manual process of making repayments. The aim of Bitvestment is to; - Be as transparent as possible - all our transactions are listed on our site, to confirm our 5 minute automatic payments
- Be as sophisticated as possible - all payments are fully automated every 5 minutes (assuming deposits are confirmed and funds are available in the master wallet
- Last as long as possible - by achieving the above two points, the hope is Bitvestment can be the longest serving BitCoin Ponzi to date
Adding to which, this project has improved my personal knowledge of PHP and Python massively! Hopefully, BitVestment is around long enough to change a few doubters feelings, but I wont hold my breathe Automatic payout and transparence won't help a ponzi last longer. So sorry this is just another ponzi, nothing better nothing new
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Betek
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February 14, 2014, 12:57:55 PM |
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Betek, if you send such large amount you will have to wait a bit longer. This has been the case in every ponzi that there has been until now. If you start spamming this topic you will only chase potential new players away and then it will take even longer... Just be patient yes he collect ~0.5 BTC and mass withdraw.. so when hes collect BTC to my withdraw ?
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Areast (OP)
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February 14, 2014, 12:58:49 PM |
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maybe stop withdraw and collect BTC to my withdraw..
Sorry, this is exactly how Ponzi games come to an abrupt end and many people lose out. Other players wont deposit if there is a huge queue waiting for just your payout. The best way is for everyone to keep depositing (we currently average a balance of 0.45) and eventually the balance will exceed 1.25 when you will be first in line for your payout. More more more.. we need more ponzi.....
I fully appreciate Ponzi games aren’t for everyone. Having played a couple on here recently I quickly became frustrated with the lack of communication from the owners, and\or the manual process of making repayments. The aim of Bitvestment is to; - Be as transparent as possible - all our transactions are listed on our site, to confirm our 5 minute automatic payments
- Be as sophisticated as possible - all payments are fully automated every 5 minutes (assuming deposits are confirmed and funds are available in the master wallet
- Last as long as possible - by achieving the above two points, the hope is Bitvestment can be the longest serving BitCoin Ponzi to date
Adding to which, this project has improved my personal knowledge of PHP and Python massively! Hopefully, BitVestment is around long enough to change a few doubters feelings, but I wont hold my breathe Automatic payout and transparence won't help a ponzi last longer. So sorry this is just another ponzi, nothing better nothing new Of course it will. Ponzi is a gamble, plain and simple. However if there is a level of trust with the owner, it means more players are likely to deposit, meaning the game will last longer. Betek, if you send such large amount you will have to wait a bit longer. This has been the case in every ponzi that there has been until now. If you start spamming this topic you will only chase potential new players away and then it will take even longer... Just be patient yes he collect ~0.5 BTC and mass withdraw.. so when hes collect BTC to my withdraw ? Sorry, I dont understand this?
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tonino
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February 14, 2014, 01:01:35 PM |
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can some one shed light on all my unconfirmed payments I received. I understood I am not alone and many have unconfirmed payouts
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