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Author Topic: DOGE PONZI GAME  (Read 156 times)
Cryptofromzerotohero (OP)
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October 31, 2020, 09:36:44 AM
Last edit: November 03, 2020, 07:14:00 PM by Cryptofromzerotohero
 #1

   The old Ponzi gambling game has been revived!
   Deposit MINIMUM ONLY 10 DOGE and get back 15
   Or up to 1k and get +50

http://www.dogeponzi.com/


Get free 10 Doge on your registration! generous gift for all new registrations! Get chance to win 15 Doge with no deposit required!



   THIS IS NOT AN INVESTMENT OPPORTUNITY
   THIS IS NOT A FRAUD
   THIS IS A GENUINE GAMBLING GAME
   READ THE RULES BEFORE PLAYING

  let me know how it goes
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October 31, 2020, 12:55:04 PM
 #2

Then why you choose Ponzi in website name ?

You need to explain how these game works I visit the website and it's only show me the address to send doge buy I never find any information to know how the games works.

Ok I read it  by clicking learn more it's actually a Ponzi scheme you need to wait for other people's  deposit before you are able to receive the payment which is 50% more from your investment.

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Cryptofromzerotohero (OP)
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October 31, 2020, 04:05:37 PM
 #3

Then why you choose Ponzi in website name ?

You need to explain how these game works I visit the website and it's only show me the address to send doge buy I never find any information to know how the games works.

Ok I read it  by clicking learn more it's actually a Ponzi scheme you need to wait for other people's  deposit before you are able to receive the payment which is 50% more from your investment.

Yes, there is a learn more button, maybe I should make it larger? lol

Many people are not aware today but a while ago there was a lot of games like this one. It is called "ponzi gambling game" and it is literally a ponzi scheme.
 HOWEVER
it is not illegal because it clearly states that it is a ponzi !

You can deposit only 10 Doge and according to the rules you will be paid at some point . If a long time passes and you have not one of these things has happened:
You deposited from a micropayments service / gambling site and etc (not personal wallet)
No new people have deposited at all.
There was a mistake in which case you can always let the owner know.


Other than that it is 100% guaranteed that you will receive payment as this kind of sites rely on people trusting it. If words comes out that it does not pay that will be the end of the game  . how do you expect a pyramid to grow if it does not pay? this is the reason why this is not a fraud
nor a scam
nor illegal, its a genuine gambling game!
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October 31, 2020, 09:45:10 PM
 #4

LOL this is NOT gambling nor an investment opportunity!
Payments will come from money of other people, without any type of bets behind. No people joining = No one win.
The last player play, it's a sure loss.
This site advertised it's just another ponzi/pyramid scheme or a scam ( he can close the whole website in a matter of seconds!)
Pyramid schemes are illegal in some countries, and generally speaking are just another way to lose money with "fake investments".

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October 31, 2020, 11:58:19 PM
 #5

   THIS IS NOT A FRAUD
   THIS IS A GENUINE
GAMBLING GAME
Are you not ashamed of putting "Not A fraud" and "Genuine" in the same topic advertising a Ponzi scheme?
It doesn't matter whether your so called ponzi scheme is legal. The fact still remains it's a ponzi scheme and it's SCAM. However much you try sugarcoating it, It always ends with a group of people losing money, Most the late entrants.

So, stop wasting your time here. We know that dogeponzi.com = Ponzi scheme = Not a genuine game = A fraud = SCAM

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November 01, 2020, 03:04:16 AM
 #6

   The old Ponzi gambling game has been revived!
   Deposit MINIMUM ONLY 10 DOGE and get back 15
   Or up to 1k and get +50
No thanks. You can multiply your doge by yourself on that site and you will beat Jeff bezos as the richest person in the world later.

PONZI = SCAM
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November 01, 2020, 11:21:21 AM
 #7

   The old Ponzi gambling game has been revived!
   Deposit MINIMUM ONLY 10 DOGE and get back 15
   Or up to 1k and get +50



http://dogeponzi.com/



   THIS IS NOT AN INVESTMENT OPPORTUNITY
   THIS IS NOT A FRAUD
   THIS IS A GENUINE GAMBLING GAME
   READ THE RULES BEFORE PLAYING

  let me know how it goes

You forgot to mention that this is a scam and you will likely lose your money if no one invests after you invest, and you are so ignorant in telling us that this is a gambling game, I have not seen a dice game here or a slot game here, I have a chance if I deposit my money to Bitvest than your scam site.
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November 01, 2020, 04:00:25 PM
 #8

I don't even understand this at all, Ponzi was added to the name but yet it is classified as a genuine gambling game, is it that the developers do not know what Ponzi means or what, thus showing that this is just a cheap scam to steal from unsuspecting investors.
Ponzi schemes do not last and neither are they genuine investments, they are just an investment set up by fraudulent people to steal, and owing to the juicy nature of it, they always attracts the greedy ones, of course it works for a while and then comes crashing. So, yes, this is scam and if someone wants to increase his Doge with peace of mind, the person can learn how to Invest genuinely through buying from crypto exchanges or learn trading.
Nevertheless, considering the Ponzi scams done over the years, I tend to believe no one will participate in it.

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Cryptofromzerotohero (OP)
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November 02, 2020, 12:09:30 AM
 #9

LOL this is NOT gambling nor an investment opportunity!
Payments will come from money of other people, without any type of bets behind. No people joining = No one win.
The last player play, it's a sure loss.
This site advertised it's just another ponzi/pyramid scheme or a scam ( he can close the whole website in a matter of seconds!)
Pyramid schemes are illegal in some countries, and generally speaking are just another way to lose money with "fake investments".


Are you suggesting that on crypto casino games money DOES NOT come from other people?
Are you ignoring the fact that the bet itself is that more people will deposit?
Are you suggesting that closing the website is a good marketing trick?

Ponzi is illegal unless its stated that its a ponzi. In which case its legal and considered a gambling game.
 Wink

   THIS IS NOT A FRAUD
   THIS IS A GENUINE
GAMBLING GAME
Are you not ashamed of putting "Not A fraud" and "Genuine" in the same topic advertising a Ponzi scheme?
It doesn't matter whether your so called ponzi scheme is legal. The fact still remains it's a ponzi scheme and it's SCAM. However much you try sugarcoating it, It always ends with a group of people losing money, Most the late entrants.

So, stop wasting your time here. We know that dogeponzi.com = Ponzi scheme = Not a genuine game = A fraud = SCAM


Are you not ashamed of not reading carefully the definition? A scam is when someone is trying to trick you of your money, when someone is telling you that obviously the rules of the game are essentially a ponzi scheme in which way is he trying to trick you? Of course someone has to loose in order for someone else to gain, just like in crypto casinos, if nobody was loosing then the casino would close, but they are able to pay mostly because most people loose.
Pfff...  Grin



   The old Ponzi gambling game has been revived!
   Deposit MINIMUM ONLY 10 DOGE and get back 15
   Or up to 1k and get +50
No thanks. You can multiply your doge by yourself on that site and you will beat Jeff bezos as the richest person in the world later.

PONZI = SCAM

I wouldnt bet against that if I where you  Grin


   The old Ponzi gambling game has been revived!
   Deposit MINIMUM ONLY 10 DOGE and get back 15
   Or up to 1k and get +50



http://dogeponzi.com/



   THIS IS NOT AN INVESTMENT OPPORTUNITY
   THIS IS NOT A FRAUD
   THIS IS A GENUINE GAMBLING GAME
   READ THE RULES BEFORE PLAYING

  let me know how it goes

You forgot to mention that this is a scam and you will likely lose your money if no one invests after you invest, and you are so ignorant in telling us that this is a gambling game, I have not seen a dice game here or a slot game here, I have a chance if I deposit my money to Bitvest than your scam site.

This goes agains the definition of a "scam". Scam is when someone is trying totrick you into thinking you are actually investing when you are essentially not. Does gambling come only in dice or slots games? Are you saying you cant bet on something else like if someone else will deposit right after you?
By the way if you win on Bitvest you are taking the money from someone else who lost Wink

ALSO note that the minimum is 10 and the maximum is 1 thousand. Wonder why? Because ITS FAIR . If the goal was to scam people and just take the Doge and run away there would be no maximum/ nor so low minimum. It is like that so more people can play and get a chance to earn +50% .

If you want to take your chances with Bitvest. But I assure you you are taking someone elses losses, same story different technique .
Theres no denying that .
 
I don't even understand this at all, Ponzi was added to the name but yet it is classified as a genuine gambling game, is it that the developers do not know what Ponzi means or what, thus showing that this is just a cheap scam to steal from unsuspecting investors.
Ponzi schemes do not last and neither are they genuine investments, they are just an investment set up by fraudulent people to steal, and owing to the juicy nature of it, they always attracts the greedy ones, of course it works for a while and then comes crashing. So, yes, this is scam and if someone wants to increase his Doge with peace of mind, the person can learn how to Invest genuinely through buying from crypto exchanges or learn trading.
Nevertheless, considering the Ponzi scams done over the years, I tend to believe no one will participate in it.


I will explain. gambling is any type of betting. when we bet that X Y Z thing will happen / not happen we are gambling . the definition of gambling is placing bets on something . the bet here is that more people will deposit. In such way this is gambling. Ponzi definition is when people get paid from others deposits and this goes on like a pyramid.
This is not an investment nor unsuspecting. It would be unsuspecting if it was not clearly stated that it is a ponzi. It would be an investment if there was some kind of a revenue (an actual investment - cloud mining lets say) .
If this is a scam then so are crypto casinos.


You people are absollutelly amazing.
Go over to wikipedia and take a look at the definitions .
SCAM = when someone is trying to lie to you and take your money
NO LIES ON SITE
INVESTMENT = when you invest into something expecting a higher return than what you deposited, is a casino an investment? Is a gamble an investment?
NO INVESTMENT ON SITE
PONZI = PYRAMID SCHEME
DOGE = DOGE


All of the above replies suggest that :

>Earnings from a crypto casino do not come from another mans losses

>Gambling can only be either a dice game or slots or something like that

>If a game like that is paying it still is a scam because someone will loose = in this logic crypto casinos are also scams since most people loose in casinos , otherwise how do they pay back those who win? In other words if someone doesnt loose how do they pay those who win?

> LOL WTF PEOPLE ...  Huh Roll Eyes Grin Grin Grin Grin Grin Grin
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November 02, 2020, 12:24:12 AM
 #10

..

Whatever you say. Ponzi = scam!

Explain me something. New deposits cover previous users. the larger the network, the more deposits are needed, you also promising +50% profit.
What happened when all people want to leave your system and try to cash out his profit? or if the influx of new suckers is reduced and you can't cover all promised profit? You will close this website and move on? Or you plan to pay all claims as not to deceive people?
Quote
Your deposit is used to cover payments of previous depositors. Once everybody who deposited before you is covered you are next!

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Cryptofromzerotohero (OP)
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November 02, 2020, 02:00:21 AM
 #11

..

Whatever you say. Ponzi = scam!

Explain me something. New deposits cover previous users. the larger the network, the more deposits are needed, you also promising +50% profit.
What happened when all people want to leave your system and try to cash out his profit? or if the influx of new suckers is reduced and you can't cover all promised profit? You will close this website and move on? Or you plan to pay all claims as not to deceive people?
Quote
Your deposit is used to cover payments of previous depositors. Once everybody who deposited before you is covered you are next!


I will explain one more time ... with an example because you clearly dont understand .
(unbelievable...)

In this example people deposit one after the other, A is first, B is second and etc

Depositor A deposits = 10 Doge
B deposits = 20 Doge
C deposits  = 500 Doge (wow much DOge)
D deposits = 10 Doge
E deposits = 20 Doge
F deposits = 900 Doge


PAYMENTS :
When B deposits 15 Doge are sent to A + the fee to send (1) = 4 remaining in the pot
4+500= 504 when C deposits
504-fee-30 (payment for C) = 473 remaining
473+10 (D Deposits)= 483 (not enough to pay for player C...waiting)
483+20 (F deposits) = 503 (not enough to pay for player C...waiting)
503+900= 1403 in the pot, enough to pay for C
750-fee sending to player C
1403- 753 = 650 (enough to send to D and E)
650 - payment for D+E (15+30= 45) = 605
605 in the pot and need another 745 + fee to pay for F .
waiting for next deposit.>>>


AND ETC


How can I make certain that people will not loose a lot of money playing this game?
How can I claim it is a fair game?

THE MAXIMUM DEPOSIT IS 1000 DOGE

if it was a scam there would be no maximum/minimum deposit 1000-10 ....


If you still dont understand its not my fault lol....

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November 02, 2020, 02:09:57 AM
 #12

You clearly have been through a lot of scams in the crypto world,

so many that you are afraid to take part in a game and deposit 10 Doge at a time just for the fun of it

instead of that blame and say its a scam and a fraud.

RELAX

I dont need your Doge Im making more than enough on trading and gambling already.

If I wanted your Doge I would download a script from Git hub and make no maximum deposit and just make everything with advertising and hide my identity.

 Grin Grin Grin Grin Grin
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November 02, 2020, 01:58:23 PM
 #13

If I wanted your Doge I would download a script from Git hub and make no maximum deposit and just make everything with advertising and hide my identity.


So, only the difference between your game and the scam version is on maximum deposit? Not in the manner of functioning, but the size of the fraud?
you still need to be forgiven, because you work with small and wasted amounts like 10 Doge. the value is so small, it is almost not a fraud.

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ronaldo40
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November 02, 2020, 03:34:52 PM
 #14

if that is a genuine gambling game and you wanted to have players on it why are you going to attach ponzi to it? ponzi is a fraud investment scam i really don't any user would transfer anything to your ponzi game.

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November 02, 2020, 05:01:32 PM
 #15

if that is a genuine gambling game and you wanted to have players on it why are you going to attach ponzi to it? ponzi is a fraud investment scam i really don't any user would transfer anything to your ponzi game.

It's not genuine games it's Ponzi that's why it has its name Ponzi, he just assumed that it is the same as gambling your money which is actually not.

How does it work ? you need to deposit doge and you need to wait for other risktaker to invest the same amount before you can get the 50% profit.  If there is no investment after you ,you will not receive anything in exchange for your investment. And one more thing 50% of the investment will  go straight to their pocket.
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November 02, 2020, 08:26:27 PM
 #16

if that is a genuine gambling game and you wanted to have players on it why are you going to attach ponzi to it? ponzi is a fraud investment scam i really don't any user would transfer anything to your ponzi game.


From google

What defines gambling?

Gambling, the betting or staking of something of value, with consciousness of risk and hope of gain, on the outcome of a game, a contest, or an uncertain event whose result may be determined by chance or accident or have an unexpected result by reason of the bettor's miscalculation.Feb 20, 2019

What is a Ponzi scheme?

With Ponzi schemes, investors give money to a portfolio manager. Then, when they want their money back, they are paid out with the incoming funds contributed by later investors.

 Grin Grin Grin

My definitions are correct, yours are wrong, get your $$$$ together

if that is a genuine gambling game and you wanted to have players on it why are you going to attach ponzi to it? ponzi is a fraud investment scam i really don't any user would transfer anything to your ponzi game.

It's not genuine games it's Ponzi that's why it has its name Ponzi, he just assumed that it is the same as gambling your money which is actually not.

How does it work ? you need to deposit doge and you need to wait for other risktaker to invest the same amount before you can get the 50% profit.  If there is no investment after you ,you will not receive anything in exchange for your investment. And one more thing 50% of the investment will  go straight to their pocket.

Grin Grin Grin

What if someone deposits 20 then someone deposits 10 ?  Then the first one gets paid 30 and the second one nothing. Where did you get the "50 % goes straight into their pocket? "

Your math is wrong, mine is perfect , get your $$$$ together

If I wanted your Doge I would download a script from Git hub and make no maximum deposit and just make everything with advertising and hide my identity.


So, only the difference between your game and the scam version is on maximum deposit? Not in the manner of functioning, but the size of the fraud?
you still need to be forgiven, because you work with small and wasted amounts like 10 Doge. the value is so small, it is almost not a fraud.


The difference is that Im not hiding the fact that its a ponzi .

From https://www.investopedia.com

Definition of fraud :

Fraud is an intentionally deceptive action designed to provide the perpetrator with an unlawful gain or to deny a right to a victim. Types of fraud include tax fraud, credit card fraud, wire fraud, securities fraud, and bankruptcy fraud


SCAM :

scam
noun [ C ]   informal
UK  /skæm/ US
 
an illegal way of making money, usually by tricking people


My definitions are correct, yours are wrong, get your $$$$ together



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November 02, 2020, 08:27:42 PM
 #17

you guys are ignorant but its fine, Im still not giving up, its never to late to teach someone the definition of words .
ronaldo40
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November 03, 2020, 09:13:45 AM
 #18

you guys are ignorant but its fine, Im still not giving up, its never to late to teach someone the definition of words .

we're not ignorant it's just the fact that ponzi is wrong no matter where you look at it.

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November 03, 2020, 09:23:01 AM
 #19

This a blatantly Ponzi and not different to normal Ponzi. Stating it that it was Ponzi doesn't mean you are safe for operating an illegal while your method is an illegal? Doesn't make sense at all. And the reason why Ponzi is very dangerous is because the operator can run all the funds that deposit to there wallet. So technically speaking, it's normal that an operator will get the money from other people to pay other people investment, This is same principle in trading.

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examplens
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November 03, 2020, 03:05:51 PM
 #20

The difference is that Im not hiding the fact that its a ponzi .

From https://www.investopedia.com

Definition of fraud :

Fraud is an intentionally deceptive action designed to provide the perpetrator with an unlawful gain or to deny a right to a victim. Types of fraud include tax fraud, credit card fraud, wire fraud, securities fraud, and bankruptcy fraud


SCAM :

scam
noun [ C ]   informal
UK  /skæm/ US
 
an illegal way of making money, usually by tricking people


My definitions are correct, yours are wrong, get your $$$$ together

This is a fraud, whether or not you hide it.
Maybe you did not understand what we all talking about. people who send moneyDOGE coin to your website probably will be scammed. Negative tag and flag against you is to prevent to make that number of people as small as possible. maybe some masochist you can found who wants to be deceived and will be happy about it. But this is a warning to everyone else.

Quote
Ponzi scheme
From Wikipedia, the free encyclopedia

For schemes where people are told that it is based on enrolling ever larger numbers of people, see Pyramid scheme.

1920 photo of Charles Ponzi, the namesake of the scheme, while still working as a businessman in his office in Boston
A Ponzi scheme (/ˈpɒnzi/, Italian: [ˈpontsi]; also a Ponzi game)[1] is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors

https://en.wikipedia.org/wiki/Ponzi_scheme

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