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Author Topic: ★ PonziCoin ★ 120% Profit ★ 200% for the last deposit in every round!  (Read 59785 times)
DjPxH
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March 10, 2014, 12:14:25 AM
 #1281

Very nice to see him slowly delete shit from the website.  Angry

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March 10, 2014, 12:16:13 AM
 #1282

Run now makes sense since the number of transactions per round is going steadily down. Probably, if he's an scammer, thought in the first rounds that maybe the number of deposits in the next rounds was going to be higher and with the last round offering extra things he saw an opportunity to run. This is all speculation though.
bit2580
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March 10, 2014, 12:22:25 AM
 #1283

lets hope its just a programing error, I dont think he would risk trouble for 10 btc
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March 10, 2014, 12:24:08 AM
 #1284

It's possible. Only time will tell, though.
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March 10, 2014, 12:29:25 AM
 #1285

Jesus Christ people, ponzi schemes have been around forever and they always, always, always implode and end badly for the people involved.  How can you possibly be involved with a scam that tells you up front that it's a scam?  Oh, you thought you were smart enough to get out before people started getting scammed? 

That's the whole mechanism of a scam.  Find people who think they're smarter than the scam. 

My friend keeps telling me that bitcoin is a ponzi scheme and I argue otherwise, but if it were a ponzi scheme, apparently there are plenty of people involved that would still be happy to buy in. 

sheesh.
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March 10, 2014, 01:15:26 AM
 #1286

Stop laughing. This is 7000$ at hand here. A single person lost 2000$. Its not funny

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March 10, 2014, 02:01:38 AM
 #1287

The relevant post on Reddit...

http://www.reddit.com/r/Bitcoin/comments/1zzzq0/ponzicoin_operator_steals_money_investors_get/


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March 10, 2014, 02:09:45 AM
 #1288

Jesus Christ people, ponzi schemes have been around forever and they always, always, always implode and end badly for the people involved.  How can you possibly be involved with a scam that tells you up front that it's a scam?  Oh, you thought you were smart enough to get out before people started getting scammed? 

That's the whole mechanism of a scam.  Find people who think they're smarter than the scam. 

My friend keeps telling me that bitcoin is a ponzi scheme and I argue otherwise, but if it were a ponzi scheme, apparently there are plenty of people involved that would still be happy to buy in. 

sheesh.

+1

Clue's in the name folks.

Peter R
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March 10, 2014, 02:15:29 AM
 #1289

I saw this on Reddit.  Very interesting.  Like a sadistic form of gambling...

It sucks to lose a bet, but I don't see how anyone here was "scammed."  This was a well-advertised Ponzi scheme that paid out more than it took in, until it collapsed.  Hopefully it was at least educational.

Did you think paying out 20% per round would be sustainable?


I support increasing the block size limit according to BIP101 and decreasing centralization in development by supporting a variety of Bitcoin implementations other than just Core.
goozman96
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March 10, 2014, 02:16:28 AM
 #1290

I saw this on Reddit.  Very interesting.  Like a sadistic form of gambling...

It sucks to lose a bet, but I don't see how anyone here was "scammed."  This was a well-advertised Ponzi scheme that paid out more than it took in, until it collapsed.  Hopefully it was at least educational.

Did you think paying out 20% per round would be sustainable?


It was sustainable because the people who paid towards the end of a round would not get their money back

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March 10, 2014, 02:20:44 AM
 #1291

Stop laughing. This is 7000$ at hand here. A single person lost 2000$. Its not funny

Actually its hysterical.  I am still trying to figure out what part of ponzi did people not understand?  The dude didn't even hide the ponzi:  PonziCoin..

Hell, this guy is on to something... Must have been the ascii stars..

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Peter R
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March 10, 2014, 02:26:05 AM
 #1292

I saw this on Reddit.  Very interesting.  Like a sadistic form of gambling...

It sucks to lose a bet, but I don't see how anyone here was "scammed."  This was a well-advertised Ponzi scheme that paid out more than it took in, until it collapsed.  Hopefully it was at least educational.

Did you think paying out 20% per round would be sustainable?


It was sustainable because the people who paid towards the end of a round would not get their money back

My apologies, I had only read his first post here.  I have now read the FAQs on his website and I understand now how the game works (or at least was supposed to).  

I support increasing the block size limit according to BIP101 and decreasing centralization in development by supporting a variety of Bitcoin implementations other than just Core.
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March 10, 2014, 02:28:10 AM
 #1293

In all seriousness, it wouldn't be sustainable as a "real" ponzi as there is only one person who makes a profit... If people were getting payouts, then meh... nothing wrong with gambling unless you want too lose money..
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March 10, 2014, 02:28:56 AM
 #1294

People *were* getting payoffs. Up until the very, very end.
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March 10, 2014, 02:34:09 AM
 #1295

reddit brought me here. you guys are now famous. good game I hope?

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March 10, 2014, 02:35:03 AM
 #1296

People *were* getting payoffs. Up until the very, very end.

That's how a ponzi works. http://en.wikipedia.org/wiki/Ponzi_scheme

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March 10, 2014, 02:43:44 AM
 #1297

Stop laughing. This is 7000$ at hand here. A single person lost 2000$. Its not funny

Someone invested 2K USD with a random person on the internet running a ponzi ?
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March 10, 2014, 02:52:15 AM
 #1298

Yep check the Blockchain. 0.2 btc to the ponzicoin adress in the final round

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▓▓▓▓▓  BIT-X.comvvvvvvvvvvvvvvi
→ CREATE ACCOUNT 
▓▓▓▓▓
█████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
DjPxH
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March 10, 2014, 03:02:56 AM
 #1299

Stop laughing. This is 7000$ at hand here. A single person lost 2000$. Its not funny

Someone invested 2K USD with a random person on the internet running a ponzi ?

Yep, 4 or 5 deposit of 0.5 btc if I remember correctly.

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PRIMEDICE
The Premier Bitcoin Gambling Experience @PrimeDice
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March 10, 2014, 04:10:57 AM
 #1300

1.8 btc to ponzis mostly because of sc. Ams including 1.2lost on this one

We are chocked not bc the ponzi stopped from lack of investors, it is the 7th round... But bc the owner ran away with the money without paying anyone

From the outside we may look like freaks but please understand that he built trust very efficiently
I have still hope of getting back my money, i evaluate the probability at 7%

V, please send back,  I ackwardly need the money,
    1229kfyM7sAnwG3huCHebNyMJW5ZjwoT6z

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