Did anyone try to "gamble" with ponzi scheme crypto scam services?

[Wapfika]

I don't think I participated in such scam/services. To be honest, I don't think I even gamble out of a gambling site that I usually visit. This is the reason, these promos or schemes are so normal in our community that is the reason why people should take care of their funds because it might really bite them off when they ride with it.

Never ever join in ponzi, it's too dangerous to do so since we will never when will it just disappear. The problem nowadays people did not know how to identify ponzi and just join whenever they thought it's profitable without thinking more or they were just influenced by others. Always make research or ask here in forum to get insights of whatever projects we wanted to join with.

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[janggernaut]

No, as i don't believe such thing like that can multiply our money in short time. It's all BS and waste our time and money obviously. If they can really multiply people's money in very short time, they will multiply their own money and keep it by themselves. That's all i do believe

[Danslip]

I have been involved in such activities when I was young and naive but my mind has been changed a lot since 2014. There were ponzi website comparison websites and mostly it was in the Russian language. After checking the profit rate, I have made a small investment under the name of business-angle and the website has been closed in 3 months. The wheel turns as explained, the new similar service will be there 1 week later. I still feel bad for the days when I was naive.

[DevilSlayer]

I'm not a type of people who can easily deceived by scammers around the internet, if I saw a link saying " you can double your investment with just 24 hrs" I'll just laugh because it is too obvious that I'm dealing with scams. It is really the fault of the victim if he falls to a scam because he didn't first make investment in his/her knowledge first before putting his money on that scam investment. I didn't yet try and I do not have any plan to make investment in ponzi scheme because for me it is a pure lose. There are people who cannot differentiate what is gambling and investing, you can call it investing if you are putting your money in something you know where you can make gains while in gambling is you are putting your money in ponzi scheme or in a investment that you are not sure what you are doing. You will just waste a lot of time and money if you will not avoid those shitty ponzi scheme around the marketplace.

[bounceback]

The ponzi system is very much different from gambling even with bitcoin, compared to investing in ponzi, I prefer gambling, many ponzi sites offer huge profits even up to 10% to 40% per day with the risk of ponzi only lasting a few days. In fact, now many ponzi projects use bitcoin and altcoin as their means of payment. This aims to attract the interest of many investors as if they were investing in bitcoin or altcoin, even though it is very clear that bitcoin is only a medium of exchange, not an investment. Now we have to change the mindset of the crowd and have to be able to differentiate between the ponzi and the actual investment, if there is an offer with unreasonable profit every day it is very clear as a ponzi work scheme.

[peter0425]

I think I do not need to explain what I mean by ponzi crypto scam. Every week I see at least ten new ponzi scheme scams.

From this sentence you already knew what Ponzi means and with deep perspective.

Has anyone tried that? Have you been successful? Is this kind of gambling popular/common. Has it name?

But here you are asking us if we did "TRY" to play in those ponzi sites?no person in His bright and rightful mind that
will risk His money and spend precious time in sites that is not reputable and more to scam you.

Sorry but i found this question inappropriate or maybe just for me since i am a gambler for long time now.

[Lorence.xD]

Newbies for sure and I’m confident that gamblers here are not dealing with those Ponzi scheme, we have to stay away from that shit scheme and gamble only with the legit site and free yourself from a big stress of getting scammed. I will never try to gamble on a suspicious gambling site, I’m fine playing on the trusted site so its not worth the risk to try a new one.

I had my encounters with this kind of gambling schemes too, I did the right decision on not doing what OP said cause I find it as a waste of time, the profit is not worth it and Icould have gone through other legit endeavors. There are a lot of these flying around and hopefully they do not get victims and scambusters take them down. Just gamble the old way, shortcuts tend to be dead ends.

[shoreno]

that is if you can still withdrew . with this kind of gambling sites that are scam they do have a manual withdrawal and they hold your withdrawals first before you can do it . they wont allow small transfers because they are scam but let say they arent and your goal is to only exploit them and earn small profit why not gamble on those trusted casinos instead ? that way you cant get scammed but your still going to deal with the traditional risk . playing small amounts on ponzi sites can still be a good idea so that we can expose them if we found out that they wont pay .

[noorman0]

Ponzi schemes in this crypto era will not give you the chance of winning or in other words the interest rates as they promised even if you are their early player.

This business is full of manipulations to attract investors and only has 3 possibilities if you are involved:
- 1% chance of your full capital returned
- 49.5% chance of your money being taken away
- 49.5% chance that you will be blackmailed by reason of liquidity or a promise of your money back, but you actually lose more.

[michellee]

I don't take part in Ponzi crypto scam because I got a bad experience in the past, and I don't want to get the same experience. If you already know if that site is a scam, you can skip the site and don't take part because you will lose your money no matter if they offer to give you the profit in the short term. But new people in crypto will temp and join with that Ponzi scheme, and they will deposit some money to expect of making a lot of money in the short term. Maybe some of them are really making the profit, and I think that is because they are lucky enough to get the profit.

[Casdinyard]

I think I do not need to explain what I mean by ponzi crypto scam. Every week I see at least ten new ponzi scheme scams.

From this sentence you already knew what Ponzi means and with deep perspective.

Has anyone tried that? Have you been successful? Is this kind of gambling popular/common. Has it name?

But here you are asking us if we did "TRY" to play in those ponzi sites?no person in His bright and rightful mind that
will risk His money and spend precious time in sites that is not reputable and more to scam you.

Sorry but i found this question inappropriate or maybe just for me since i am a gambler for long time now.

It does ring a bell. Ponzi gambling sites will not ofcourse, announce that they are. You will just know it eventually. It could also be from the reputation it created to those players who have experienced playing in such sites. Some gambling sites are labeled as scams or fraud but as long as those sites are existing, and there are players still falling for it, the cycle will continue. There are just gamblers who are not checking the reviews of a gambling site before engaging into it. Some scam sites are just creating another sites once their site is busted, to continue the scheme, so better be careful.

[adzino]

I guess a lot of people does that. Ponzi schemes are so obvious that they are going to scam, yet people still invest in those schemes. This primarily because they wish to test out their luck. They know that the ponzi schemes first try to earn peoples trust by paying them (with high rewards) before scamming everyone. Those ponzi investors know that if they get in first and exit early, they might be able to make some profit. So they gamble their way into making profit from ponzi schemes. But little do they know that all they are doing is just encouraging the scammers to scam more poeple!

[avikz]

I think I do not need to explain what I mean by ponzi crypto scam. Every week I see at least ten new ponzi scheme scams.

They often offer something like 100% interest per 24h (or something similar). They commonly run for quite a few weeks (or months sometimes) before "they go scam" publicly. The obvious idea how to exploit them is to invest something small at the first day, withdraw it as fast as possible and repeat just with the interests from the previous bet (and of course take some money away from every successful round).

Has anyone tried that? Have you been successful? Is this kind of gambling popular/common. Has it name?

I would rather avoid that at all cost! Ponzi are known scam, so when you see a ponzi scheme starting up today, you already know that this ponzi will become scam in few days or weeks! So why take chance?

If I go back to 2008 - 2009 time, we used to have few ponzi scheme that ran for over few years. I still remember one name - Geniusfunds where I personally had a big investment! That was a time when ponzis used to run for few months. But now it's just a known scam business!

[fortunecrypto]

I think I do not need to explain what I mean by ponzi crypto scam. Every week I see at least ten new ponzi scheme scams.

They often offer something like 100% interest per 24h (or something similar). They commonly run for quite a few weeks (or months sometimes) before "they go scam" publicly. The obvious idea how to exploit them is to invest something small at the first day, withdraw it as fast as possible and repeat just with the interests from the previous bet (and of course take some money away from every successful round).

Has anyone tried that? Have you been successful? Is this kind of gambling popular/common. Has it name?

Not even the biggest bank in the world can give you 100% profit in 24 hours, you are fooling yourself if you think that you can get that percentage, people get into the Ponzi scheme because it's the quickest way to earn money by inviting newbies to get into the system by posting their payment proof, I would not even think of inviting my friends here or else I will lose my friends for betraying their trust.   

[cabron]

I think I do not need to explain what I mean by ponzi crypto scam. Every week I see at least ten new ponzi scheme scams.

They often offer something like 100% interest per 24h (or something similar). They commonly run for quite a few weeks (or months sometimes) before "they go scam" publicly. The obvious idea how to exploit them is to invest something small at the first day, withdraw it as fast as possible and repeat just with the interests from the previous bet (and of course take some money away from every successful round).

Has anyone tried that? Have you been successful? Is this kind of gambling popular/common. Has it name?

I would rather avoid that at all cost! Ponzi are known scam, so when you see a ponzi scheme starting up today, you already know that this ponzi will become scam in few days or weeks! So why take chance?

If I go back to 2008 - 2009 time, we used to have few ponzi scheme that ran for over few years. I still remember one name - Geniusfunds where I personally had a big investment! That was a time when ponzis used to run for few months. But now it's just a known scam business!

There have been lots of ponzi back 2016 including the ones like cloud mining and there's the biggest ponzi like Bitconnect. I have invested in that bitconnect at the very start which I profit because before the price hit $50, I already dumped what I got. If I only knew it would go up more than $500, I would have waited. Today it's very risky to invest because scams today don't even allow us to withdraw anymore.

So far I have not invested in a ponzi scheme related to gambling.

[Wexnident]

I'm pretty sure ponzi schemes DON'T return anything. They're just numbers that are on their website that are really just that, numbers. They don't really represent any amount of money, and is simply used to fool those that participate in thinking they actually own something. Even if they do pay out something, it would be towards internal participants that are into the scheme itself. They're the ones that prove that the scheme is "legit" by giving out how they cashed out, proofs and all. It's all a scam, no profit would be obtained even if you invest a bit and exit early. The moment you send them your funds, your funds are technically locked away from your ownership FOREVER. It's not yours anymore, and no amount would ever be returned to you, ever.

It's like giving them a bill of money, while they draw a similar bill, but higher, and give you that drawing, saying that "here's your return" kind of thing.

[jostorres]

I don't think I participated in such scam/services. To be honest, I don't think I even gamble out of a gambling site that I usually visit. This is the reason, these promos or schemes are so normal in our community that is the reason why people should take care of their funds because it might really bite them off when they ride with it.

Nice of you and lucky that you didn't got trapped in such schemes. I actually got scammed one time when a website promised they were doing some kind of cloud mining and in the name of cloud mining they would actually run a ponzi and I lost some small amount but that experience helped me a lot because now I don't fall for such scams and I have understood that online cloud mining is actually not as good as it might seem.

I see so many ponzi and some are even paying initially so attract more players but at the end of it, there will be more victims than people who profit so it makes no sense to try a ponzi knowingly and yeah there were massive ponzi's like the plustoken scam but they all come to an end some day so better to stay away with it.

[Renampun]

I have never tried gambling on a gambling site that is likely to be running a Ponzi scheme...
I am not easily attracted by the bonuses offered because most likely it is just an attraction. there have been many cases where gambling sites that usually offer big bonuses must have had problems with withdrawals.

[bitbollo]

I think I do not need to explain what I mean by ponzi crypto scam. Every week I see at least ten new ponzi scheme scams.

They often offer something like 100% interest per 24h (or something similar). They commonly run for quite a few weeks (or months sometimes) before "they go scam" publicly. The obvious idea how to exploit them is to invest something small at the first day, withdraw it as fast as possible and repeat just with the interests from the previous bet (and of course take some money away from every successful round).

Has anyone tried that? Have you been successful? Is this kind of gambling popular/common. Has it name?

No. It's not gambling, this is wasting money.
because it's just a scam and you are only risking money. Plus site like this can't never afford return of 100% so they will scam from the scratch.
By definition you are giving money to some one with malicious intent.It's also not ethical. Because helping this site providing cash will provide a reason to be open again since there is always people that will make a try.

[ReiMomo]

I think I do not need to explain what I mean by ponzi crypto scam. Every week I see at least ten new ponzi scheme scams.

They often offer something like 100% interest per 24h (or something similar). They commonly run for quite a few weeks (or months sometimes) before "they go scam" publicly. The obvious idea how to exploit them is to invest something small at the first day, withdraw it as fast as possible and repeat just with the interests from the previous bet (and of course take some money away from every successful round).

Has anyone tried that? Have you been successful? Is this kind of gambling popular/common. Has it name?

This is too risky but if you will be desperate to having profit in a quicker way, just try to join if the Ponzi scheme was running a few days ago. But at least you know the risk that you have joined that possible your money will I guess wipe out sooner or later.

I have known a lot of gambling sites like this but I never join, because I don't want to risk my money and will regret it someday. It's better to invest in reputable gambling sites that offer investment in bankroll because they are surely giving ROI to the investors. Dont be too greedy, small profit but surely repayment will be recommended at me.