Ponzi world taking over gambling section

[Micon]

https://bitcointalk.org/index.php?board=56.0

it's getting pretty bad.  we need a nurse.  

[1715313973]

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[1715313973]

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[MakeBelieve]

What is wrong with this? ponzis are gambling and are in the right sub-forum.

[Lethn]

it's getting pretty bad.  we need a nurse.

A sexy nurse! http://i267.photobucket.com/albums/ii283/hokageaddict/hot-japanese-nurse-1.jpg

But seriously at least they're being contained into one section now, I think you're right in maybe that we need a whole section for ponzi schemes though.

[MakeBelieve]

Creating a extra sub-forum just for ponzi's could be a good idea I never thought of that.

[dddbtc]

Agreed! The Leancy HYIP (ponzi) is being marketed as a legitimate business all over the forums as well, somewhat disturbing.

[Micon]

What is wrong with this? ponzis are gambling and are in the right sub-forum.

It is called a Ponzi "Scheme" because it is not a gambling game, but a Scheme to bilk "investors" out of money. 

Creating a extra sub-forum just for ponzi's could be a good idea I never thought of that.

I'm glad you reversed yourself quickly. 

The sub-forum from gambling would be a mis-categorization, but any split from our regular marketplace/gambling is much, much needed.

[boumalo]

People who deposits into this scheme are often the same, most of the money is deposited by people that "know" what they are doing : they are gambling hoping to get some profits before it stops
The fact is that the first investors can get a lot of money

It is obvious that some depositors don't know what they are doing and think it is an ''investment'' but it is a minority and small deposits

[iram3130]

Most this ponzis is marketed as guaranteed money return which is not. We all know that the last depositors would  not see their money again.

[Vortuarackne]

Full disclosure: I'm currently developing my own ponzi site.

Ponzis which are not clearly described as a ponzi should be removed without fail. In my opinion, Ponzis are just another form of gambling; some win but the majority to lose, Just like any other gamble.

[hilariousandco]

What is wrong with this? ponzis are gambling and are in the right sub-forum.

It is called a Ponzi "Scheme" because it is not a gambling game, but a Scheme to bilk "investors" out of money.  

Well it's certainly a gamble putting your money in them. Maybe having a section for Ponzis/pyramids or other HYIP would be a good idea, and maybe putting a warning on the forum like there is Securities.

[BitcoinCasino.org]

Totally agree, please move ponzi related threads to another section.

[runlinux]

We have a place for those threads already. Games and Rounds. It was placed there because of the chaos created by spreadsheet ponzi's and all sorts of craziness created in October(ish) of 2011. I lost a lot of money... lol

[NLNico]

I agree.

IMO Gambling and poker websites are perfect examples of good usage of bitcoin. Most governments want to control all gambling/poker websites (like USA banning all pokersites including freezing millions of peoples money.) Bitcoin gives us the freedom to just have that fun (and job for some better poker players.)

Ponzi's are obviously just a scam. Most threads even imply "guaranteed payouts" and call it "investments" (investing in what? lol)

A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from existing capital or new capital paid by new investors, rather than from profit earned by the individual or organization running the operation.

A high-yield investment program (HYIP) is a type of Ponzi scheme, an investment scam that promises unsustainably high return on investment by paying previous investors with the money invested by new investors.

Hoping to not get scammed is not gambling. If that would be the case then "newbies buying bitcoin for PayPal" should be also in the Gambling section, because maybe you will get your money and maybe you will be scammed.


I think the "Gambling" section was a decent presentation of the gambling websites in the bitcoin community. But when the list includes so many sketchy ponzi schemes it is just embarrassing the whole bitcoin gambling scene.


I do like freedom and if idiots do want to join ponzi schemes that is ok, but better in a different forum.

[quone17]

AGreed, please move them to games and rounds (even though I think they should basically be not allowed).  In any case they shouldn't be in gambling, it's making it impossible for "regular" sites to have threads and get activity.

[Baitty]

Even more are opening up every day and clogging the site up and most of them don't have replies because people know it's going to end up bad.

[zolace]

GET RID OF PONZI MOSTLY NEWBIES WITH NEAR OR SAME DATE OF REGISTRATION IM SURE IS ONE PERSON OPERATING THE WHOLE DAMN SCAM!!!!

[byt411]

Most this ponzis is marketed as guaranteed money return which is not. We all know that the last depositors would  not see their money again.

I am not a last depositor and I got scammed 0.01 BTC already, by trying one out.

[boumalo]

Most this ponzis is marketed as guaranteed money return which is not. We all know that the last depositors would  not see their money again.

I am not a last depositor and I got scammed 0.01 BTC already, by trying one out.

I lost 0.1 (0.15 counting the interests that I should have received if the owner didn't run away with the money (bit4max)

The money ends up or passed through these wallets :

https://blockchain.info/fr/address/1BrjpoTtK9ZnTj8GupJDvKL1sxh1uPMAdP

https://blockchain.info/fr/address/1JdE1cKjhZLXG6jrGZbQCBAZHz25SqD4XJ

Big time sca.mmer

[goosoodude]

I do think the Ponzis should have a sub-board in the gambling section. Put a warning saying "SITES MAY SCAM! BE CAUTIOUS!" on it for Newbies.

[zolace]

YES PLEASE GIVE A SUB-FORUM ITS ANNOYING!!!!

[hilariousandco]

I do think the Ponzis should have a sub-board in the gambling section. Put a warning saying "SITES MAY SCAM! BE CAUTIOUS!" on it for Newbies.

Only may be? I'd advise stating that it's more than likely a scam or that it's very probable that you'll lose money.

[nioc]

So Bitcoin Forum has no problems with scams being run on their site.

[byt411]

So Bitcoin Forum has no problems with scams being run on their site.

The rules clearly state that Admins and Mods will not remove likely scams. Apart from Ponzis, there are still plenty scams around.

[Micon]

regardless of the content of the ponzis, they are breaking the "one site per thread" rule by copy-pasting the scams to new domains almost daily. 

I'm all for "games and rounds" housing them all for now also if making a new sub is too hard.

[byt411]

regardless of the content of the ponzis, they are breaking the "one site per thread" rule by copy-pasting the scams to new domains almost daily. 

I'm all for "games and rounds" housing them all for now also if making a new sub is too hard.

I heard that the script was distributed by someone to many newbies.

[MakeBelieve]

regardless of the content of the ponzis, they are breaking the "one site per thread" rule by copy-pasting the scams to new domains almost daily. 

I'm all for "games and rounds" housing them all for now also if making a new sub is too hard.

That's only if the same owner has posted the same site right? If someone makes a thread to discuss about the thread does that count?

[Maged]

regardless of the content of the ponzis, they are breaking the "one site per thread" rule by copy-pasting the scams to new domains almost daily. 

I'm all for "games and rounds" housing them all for now also if making a new sub is too hard.

Hmm... I did not notice that! If it's truly the case that they are buying a domain just to bypass the uniqueness rule, then clearly they are violating that rule. I'll look into this.

[BlueMonkey]

YES PLEASE GIVE A SUB-FORUM ITS ANNOYING!!!!

Vote for the ponzi section. It will help people think first before enter it

[Atruk]

regardless of the content of the ponzis, they are breaking the "one site per thread" rule by copy-pasting the scams to new domains almost daily. 

I'm all for "games and rounds" housing them all for now also if making a new sub is too hard.

I dunno how dishostest these ponzis are being, but recently Seals has been hacked at least once. A couple nights ago I tried Seals ring games for the first time in a while and they were dead.

Only so much of this degregation in the Bitcoin gambling scene (because Seals WAS the center) is embarassing.

[MPOE-PR]

regardless of the content of the ponzis, they are breaking the "one site per thread" rule by copy-pasting the scams to new domains almost daily. 

I'm all for "games and rounds" housing them all for now also if making a new sub is too hard.

Hmm... I did not notice that! If it's truly the case that they are buying a domain just to bypass the uniqueness rule, then clearly they are violating that rule. I'll look into this.

Good luck.

[b!z]

A lot of ponzi threads have sockpuppet newbie accounts talking to each other, sharing their "payment proof". This can be very misleading.

[hilariousandco]

A lot of ponzi threads have sockpuppet newbie accounts talking to each other, sharing their "payment proof". This can be very misleading.

I think the majority use sock puppet accounts to get the ball rolling and to try provide some "proof" that they actually pay out.

[boumalo]

A lot of ponzi threads have sockpuppet newbie accounts talking to each other, sharing their "payment proof". This can be very misleading.

I think the majority use sock puppet accounts to get the ball rolling and to try provide some "proof" that they actually pay out.

I can confirm that some pay to the end, some pay at first then sca.m (bit4max), almost all stop after 20, 30, 50 or 100 deposits

[hilariousandco]

A lot of ponzi threads have sockpuppet newbie accounts talking to each other, sharing their "payment proof". This can be very misleading.

I think the majority use sock puppet accounts to get the ball rolling and to try provide some "proof" that they actually pay out.

I can confirm that some pay to the end, some pay at first then sca.m (bit4max), almost all stop after 20, 30, 50 or 100 deposits

I'm sure there are a handful that are honest and intend to pay out as long as they can, but most will usually take the money and run at some point, especially when it looks like it's going to fail soon.

[BlueMonkey]

A lot of ponzi threads have sockpuppet newbie accounts talking to each other, sharing their "payment proof". This can be very misleading.

I think the majority use sock puppet accounts to get the ball rolling and to try provide some "proof" that they actually pay out.

I can confirm that some pay to the end, some pay at first then sca.m (bit4max), almost all stop after 20, 30, 50 or 100 deposits

I'm sure there are a handful that are honest and intend to pay out as long as they can, but most will usually take the money and run at some point, especially when it looks like it's going to fail soon.

Yes, we don't know they are honest or not

[NLNico]

regardless of the content of the ponzis, they are breaking the "one site per thread" rule by copy-pasting the scams to new domains almost daily.  

I'm all for "games and rounds" housing them all for now also if making a new sub is too hard.

Hmm... I did not notice that! If it's truly the case that they are buying a domain just to bypass the uniqueness rule, then clearly they are violating that rule. I'll look into this.

Actually most ponzi sites don't even buy hosting/domain. They are on sites like:

*.yolasite.com, *.webs.com, *.byethost.com, *.net84.net, *.1ufh.com

Obviously many are from 1 user. Just check posts like:
https://bitcointalk.org/index.php?topic=483162.0
https://bitcointalk.org/index.php?topic=483633.0
The posts are literally the same.

Honestly it's really out of hand. The problem is that a ponzi might run for like 10 idiots "investments" and after that no one makes a depo so the owner can run with the money. Then he will have to make a new website/account to keep running his ponzi schemes. Since he has to make a new site every few days he will use free hosting sites.

1) Can you guys at least make a new forum for it? Just call it Ponzi/HYIP?

2) Also could there be a requirement that a Gambling topic at least need an own domain name? No free sub-domain / hosting? That would clear 90% of them and especially the ones that are even scamming and spamming extra hard (not giving any money back.)


I will be happy to report them (like I am reporting others topics too) but the rules are not completely clear for me. At this point I am only reporting them if they don't have a website at all.

[Kaligulax]

I dont like ponzi scheme...I do not know why people do engage in something like that... you can only lose.....

[hilariousandco]

I dont like ponzi scheme...I do not know why people do engage in something like that... you can only lose.....

It's always the same reason: greed. People need to realise get rich quick schemes are usually always lose money fast schemes. People also need to learn if it's too good to be true then it probably is rule.

[Phinnaeus Gage]

1) Can you guys at least make a new forum for it? Just call it Ponzi/HYIP?

It already exist, but a new playground was added: http://www.talkgold.com/forum/

[Mrrr]

Half of the offers on the Securities board are Ponzis. A separate Ponzi board will create a false sense of safety.

EDIT Or no wait:

I will invite more people when i see this working. Hope we can keep it alive for u .
Ponzi iz the man !

Sweet! I GOT PAID !
Now lets wait a few people and invest again
This is fun .

Random Ponzi topic reply. Note the word 'invest'.

[hilariousandco]

Well I doubt admin will do anything, but I will start giving Negative trust to them with a "Possible Scam" Note.
If anyone have problem with that please let me know.

 It's bitcointalk.org not ponzitalk or hyiptalk.

Nobody can stop you, and it's probably a good idea to be honest.

[markjamrobin]

I think as long as they announce it is a ponzi, it is ok... Perhaps segregating them to a another section, or pushing them to games and rounds...

[koshgel]

One thing I've learned through this mtgox scandal is that people are so freaking greedy. Ponzi has to look obviously too good to be true for outsiders but they still throw money at it and are surprised when it fails. Gamble awayyyyyy

[boumalo]

One thing I've learned through this mtgox scandal is that people are so freaking greedy. Ponzi has to look obviously too good to be true for outsiders but they still throw money at it and are surprised when it fails. Gamble awayyyyyy

Some "work", for a time

Look at ponzi120 or ponzicoin, they got 445BTC and 115BTC of deposits, a guy deposited 64BTC and got 13BTC profit; makebtc reached 100BTC of deposits as well, the owner is taking 5% on every withdrawals so he is making some good money; he most certainly deposited early on as well

Obviously for 2 like those that "work" there are 20 that stop after 2 or 3 days and 60 that sc.am or never really pick up

[Sheldor333]

Yeah you are right, there ponzi schemes should be deleted and new ones should not be allowed. They are just conning people out of their money. Yes they should know it's a ponzi scheme and should not enter in the first place.

[jodybay]

i think its much better to get rid of all ponzi here a lot of people is losing their money because of this ponzi scheme

[hilariousandco]

i think its much better to get rid of all ponzi here a lot of people is losing their money because of this ponzi scheme

A lot of people lose money trying to buy goods on the marketplace too, but we shouldn't ban selling items now. Bottom line is don't send your money to scammers or get rich quick schemes.

[NLNico]

regardless of the content of the ponzis, they are breaking the "one site per thread" rule by copy-pasting the scams to new domains almost daily.  

I'm all for "games and rounds" housing them all for now also if making a new sub is too hard.

Hmm... I did not notice that! If it's truly the case that they are buying a domain just to bypass the uniqueness rule, then clearly they are violating that rule. I'll look into this.

Actually most ponzi sites don't even buy hosting/domain. They are on sites like:

*.yolasite.com, *.webs.com, *.byethost.com, *.net84.net, *.1ufh.com

Obviously many are from 1 user. Just check posts like:
https://bitcointalk.org/index.php?topic=483162.0
https://bitcointalk.org/index.php?topic=483633.0
The posts are literally the same.

Honestly it's really out of hand. The problem is that a ponzi might run for like 10 idiots "investments" and after that no one makes a depo so the owner can run with the money. Then he will have to make a new website/account to keep running his ponzi schemes. Since he has to make a new site every few days he will use free hosting sites.

1) Can you guys at least make a new forum for it? Just call it Ponzi/HYIP?

2) Also could there be a requirement that a Gambling topic at least need an own domain name? No free sub-domain / hosting? That would clear 90% of them and especially the ones that are even scamming and spamming extra hard (not giving any money back.)


I will be happy to report them (like I am reporting others topics too) but the rules are not completely clear for me. At this point I am only reporting them if they don't have a website at all.

More than 50% Ponzi now..

Some don't even have a website (I have reported them but not yet moved to "Games and rounds"), most have a site with free hosting / sub domain that can be made in 5 minutes. Shame the forum is full of these shit sites.

[jodybay]

i think the most controversial ponzi on this site is this coin2x ponzi still a lot of people on that thread is hoping that he will comeback i dunno how much he make for this ponzi

[hilariousandco]

i think the most controversial ponzi on this site is this coin2x ponzi still a lot of people on that thread is hoping that he will comeback i dunno how much he make for this ponzi

There's always gonna be a lot of people hoping that they'll come back in every thread where someone sends in money.

[Maged]

Most of these meet the notability requirements, so I now completely agree that a new section is needed.

[apsvinet]

Creating a extra sub-forum just for ponzi's could be a good idea I never thought of that.

Where do I sign?
I wouldn't count it as 'gambling' more than trading with someone is gambling just cause there's a risk that you lose your money.
And yeah there are waaay too many in the forum section, mainly cause I guess most of them don't last that long, and many are just scams.

[RGBKey]

The continued presence of all of these is quite disturbing, although I see half of them are being moved to games/rounds.

[hilariousandco]

Creating a extra sub-forum just for ponzi's could be a good idea I never thought of that.

Where do I sign?
I wouldn't count it as 'gambling' more than trading with someone is gambling just cause there's a risk that you lose your money.
And yeah there are waaay too many in the forum section, mainly cause I guess most of them don't last that long, and many are just scams.

Most of them are, but at least if they were in their own separate section with a warning about the high likelihood of deals being a scam, if newbs did get scammed after investing it would be their own fault. I think if they were in their own section most people would just stay out of it and they'd die off eventually.