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Author Topic: PonziDOGE... this naugty shibe started a transparent ponzi game  (Read 12994 times)
ratty
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April 24, 2014, 01:48:13 AM
 #101

Random end time would certainly be more like a real ponzi. Smiley I don't know what impact it would have on the game though, if it turns people off then its obviously bad.
daeminium
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April 24, 2014, 04:17:28 AM
 #102

random is for start, not for end the game
omahapoker
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April 24, 2014, 09:14:30 AM
 #103

whats the most anyone has lost at your site...thanks
poncrypto (OP)
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April 24, 2014, 01:05:15 PM
 #104

whats the most anyone has lost at your site...thanks

I think when we had higher limit of 500K someone might have lost that. Y do you ask?

ratty
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April 25, 2014, 01:03:30 AM
 #105

It would be nice to have some kind of time window for when the round will start so I'm not just mashing F5 all day. Smiley
poncrypto (OP)
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April 25, 2014, 01:28:55 AM
 #106

It would be nice to have some kind of time window for when the round will start so I'm not just mashing F5 all day. Smiley

Just started!

daeminium
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April 25, 2014, 01:51:41 AM
 #107

random = few players = high risk = no play
ratty
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April 25, 2014, 02:00:36 AM
 #108

It's really early to call it, but I agree on it feeling like that.

I thought it was a good idea, but now that I can see how it plays out, I'm not sure. We're all afraid to put anything in, since most of us missed the boat.
I put in a tiny amount anyway, assuming I'll lose it, but I still won. Others are probably thinking the same thing.
For those of you not wanting to play, just try a tiny amount, you might be surprised.
If the goal is to reduce the volume, to discourage people putting in the max deposit, this might do that.
poncrypto (OP)
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April 25, 2014, 04:40:35 AM
 #109

It's really early to call it, but I agree on it feeling like that.

I thought it was a good idea, but now that I can see how it plays out, I'm not sure. We're all afraid to put anything in, since most of us missed the boat.
I put in a tiny amount anyway, assuming I'll lose it, but I still won. Others are probably thinking the same thing.
For those of you not wanting to play, just try a tiny amount, you might be surprised.
If the goal is to reduce the volume, to discourage people putting in the max deposit, this might do that.


Ok we can try with 50K max .... and known start times... the ads are running so there is alot of new people coming

poncrypto (OP)
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April 25, 2014, 12:33:57 PM
 #110

Going to keep the minimums the same for now.

The game will start 30 minutes after the end of this one... there will be a timer.

poncrypto (OP)
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April 26, 2014, 12:20:12 AM
 #111

Starts Now!

ratty
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April 26, 2014, 08:57:05 PM
 #112

Will next round start 30 minutes after this one again? Comment at the top of the page says that, but maybe that only applied to yesterday.
poncrypto (OP)
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April 26, 2014, 09:12:13 PM
 #113

Will next round start 30 minutes after this one again? Comment at the top of the page says that, but maybe that only applied to yesterday.

Yep it will start 30 minutes after end... I am thinking how to make it more clear!

ratty
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April 27, 2014, 02:12:19 AM
 #114

I'm wondering how the logic of this works.
A friend of mine is #14, and he's in for 70k, so a 77k payout.
If I add up all the deposits after him, it comes to 243381.03897516. Even if I take out 5% for the house's cut, that's still 231211.9870264020.
I know it's "systematic" but it still needs to make sense logically.
poncrypto (OP)
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April 27, 2014, 03:39:08 AM
 #115

I'm wondering how the logic of this works.
A friend of mine is #14, and he's in for 70k, so a 77k payout.
If I add up all the deposits after him, it comes to 243381.03897516. Even if I take out 5% for the house's cut, that's still 231211.9870264020.
I know it's "systematic" but it still needs to make sense logically.

It does make sense logically, but only if you approach it logically Smiley

This is how to do the math:
All deposits - All payouts - 5% of all deposits = Current Remaining Balance (which is 45120.03897516 at the time)

 

ratty
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April 27, 2014, 05:40:50 AM
 #116

Thanks for the explanation, I see where I went wrong now.
poncrypto (OP)
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April 27, 2014, 06:13:53 AM
 #117

Thanks for the explanation, I see where I went wrong now.


Smiley Its saturday... I apologize if I sounded harsh. Just was surprised you chose to calculate it like that Smiley
Anyway most likely your friend will get paid. There is 45K in balance and its needs 77K + 5% to go out.

ratty
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April 27, 2014, 10:09:04 PM
 #118

I'm one of the big depositors that is fast and wins everytime, I'm going to not play this round to see if it helps create more winners.
poncrypto (OP)
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April 27, 2014, 10:35:24 PM
 #119

I'm one of the big depositors that is fast and wins everytime, I'm going to not play this round to see if it helps create more winners.

You tried that already ... I actually think it made the game worse for a round.

As for your friend the balance now is 68535.60055541 if he wants he can probably send some DOGE to rescue his deposit before round end.

poncrypto (OP)
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April 27, 2014, 10:56:23 PM
 #120

and he got paid....

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