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Author Topic: Just double it - double your Bitcoin in 4 business days  (Read 14496 times)
hillsta89
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June 05, 2014, 11:46:30 PM
 #101

So far so good.. I don't see why so many people bail and scam hosting this? If they're in it for just the coins still keep it legit but take a certain % txid or simply deposit from another address to take advantage of there own system? If it dies out refund slightly to the last deposit's and keep % to yourself to cover server operation and time and begin a new round i guess? Or should i wakeup too myself and learn from my 2.5btc of lose from ass bandit scammers this doesnt happen?
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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mekler22
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June 06, 2014, 01:00:43 AM
 #102

Just gave my 0.02 bitcoin a try Smiley I hope it goes well.

It would be nice if you could add a payment tracking system in place like this: http://48hourbtc.com/payment/

Thanks!
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June 06, 2014, 01:34:33 AM
 #103

So far so good.. I don't see why so many people bail and scam hosting this?

The reason they all bail in the end is because there's no way they can keep up with the payments.

The kinds of daily interest these schemes pay is impossible to keep up.  The only way they pay you is from deposits made by new victims.  And they need exponentially increasing levels of new investment to keep it going.

Exponential growth isn't possible, especially when there is a fixed amount of BTC in the world, and so the scheme inevitably collapses.

Even if the guy running the scheme plays by the rules, and only takes a small percentage for himself, he still won't be able to keep it going for long until he runs out of coins to pay you with.  And as he has demonstrated by lying in his trust feedback about me, he doesn't play by the rules.  I would advise you not to get involved.

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justdoubleit (OP)
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June 06, 2014, 06:46:29 AM
 #104

Quick stats:
No. Transactions    559    
Total Received    13.89873302 BTC

Don't forget that the minimum is 0.01 now.
justdoubleit (OP)
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June 06, 2014, 06:54:18 AM
 #105

Lol man just go away, you're being ridiculous.
Everyone who cares - just check the trust feedback of this guy and what other members say about him.
So far so good.. I don't see why so many people bail and scam hosting this?

The reason they all bail in the end is because there's no way they can keep up with the payments.

The kinds of daily interest these schemes pay is impossible to keep up.  The only way they pay you is from deposits made by new victims.  And they need exponentially increasing levels of new investment to keep it going.

Exponential growth isn't possible, especially when there is a fixed amount of BTC in the world, and so the scheme inevitably collapses.

Even if the guy running the scheme plays by the rules, and only takes a small percentage for himself, he still won't be able to keep it going for long until he runs out of coins to pay you with.  And as he has demonstrated by lying in his trust feedback about me, he doesn't play by the rules.  I would advise you not to get involved.
Salmon1989
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June 06, 2014, 06:59:13 AM
 #106

Lol man just go away, you're being ridiculous.
Everyone who cares - just check the trust feedback of this guy and what other members say about him.


https://bitcointalk.org/index.php?action=trust;u=3420

Code:
BayAreaCoins 4: -0 / +4(4)	2014-02-04	130.00000000		Runs Just-dice and is a good stand up dude. He really goes the extra mile for everyone.
malevolent 0: -0 / +1(1) 2014-02-02 100.00000000 Runs just-dice, good communication with users & investors, prompt to fix whatever's broken, and so far did not run away with the tens of thousands of BTC that is entrusted with him by investors.
Mooshire 0: -1 / +1(1) 2013-11-07 6.50000000 So far so good on Just-Dice.com investment.
b!z 3: -0 / +4(4) 2013-09-21 0.00000000 Trustworthy person, a pillar of the Bitcoin community.
Boelens 4: -0 / +4(4) 2013-06-29 0.12000000 Played on Just-Dice, won, cashed out.
Korbman 0: -0 / +0(0) 2013-06-08 0.00000000 Reputable and long-standing member of the forums. Well-known for his near-daily SDice analysis.
Dabs 5: -0 / +4(4) 2013-05-27 0.01000000 Reputable member, has agreed to be my afterlife payment guarantee backup for my lotto game.

Checked doog's trust summary and now what lol?

justdoubleit (OP)
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June 06, 2014, 07:03:27 AM
 #107

Cool number of transaction graph: https://blockchain.info/charts/n-transactions?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=15XZyNBCuBBhfachHL8B2YKBYzhiitUGA4
mekler22
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June 06, 2014, 08:27:56 AM
 #108

I've been getting steady payments back so I'm happy thus far. Good job!

I don't understand people who gets upset:

1. This is a gambling sub-forum - meaning, you gamble with your money - including in ponzi schemes, double your money and anything else. If you had a bad experience and want to warn others - great! open a thread about it.

2. Only experience leads to the right to pass judgement. So far this plan is making money.

Being righteous is fine if you got any ground to stand on. Not really here.

Cheers!
justdoubleit (OP)
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June 06, 2014, 08:31:53 AM
 #109

We don't wanna do the tracking deliberately, let's use the blockchain, this is a great tool since all transactions are open for everyone to see.
Just gave my 0.02 bitcoin a try Smiley I hope it goes well.

It would be nice if you could add a payment tracking system in place like this: http://48hourbtc.com/payment/

Thanks!
jambola2
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June 06, 2014, 08:40:20 AM
 #110

I've been getting steady payments back so I'm happy thus far. Good job!

I don't understand people who gets upset:

1. This is a gambling sub-forum - meaning, you gamble with your money - including in ponzi schemes, double your money and anything else. If you had a bad experience and want to warn others - great! open a thread about it.

2. Only experience leads to the right to pass judgement. So far this plan is making money.

Being righteous is fine if you got any ground to stand on. Not really here.

Cheers!

On a normal gambling thread , odds are stated and everyone knows what they are in.
Ponzi schemes say that there is a guaranteed chance , which is fraud.

Outside of the forums , if you start a casino , you can gain wealth. If you start a scheme bearing likeness to that which was run by Charles Ponzi , you serve time for fraud.
Even if you think people getting upset when seeing fraud is bad , go tell that to the judicial system of your country.

No longer active on bitcointalk, however, you can still reach me via PMs if needed.
jambola2
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June 06, 2014, 08:45:05 AM
 #111

So far so good.. I don't see why so many people bail and scam hosting this? If they're in it for just the coins still keep it legit but take a certain % txid or simply deposit from another address to take advantage of there own system? If it dies out refund slightly to the last deposit's and keep % to yourself to cover server operation and time and begin a new round i guess? Or should i wakeup too myself and learn from my 2.5btc of lose from ass bandit scammers this doesnt happen?

Lets say they let me deposit one satoshi.

Over the first week it becomes 2 satoshi.
On the second week it becomes 2^2 = 4 satoshi
On the third week it becomes 2^3 = 8 satoshi

Now , after I leave it for 51 weeks , which is around a year , I decide to claim my payment.
They owe me 2^51 satoshi * 1/100,000,000 satoshis per Bitcoin = 22.5 million BTC.
That means , even if one satoshi is constantly doubled and reinvested each week , by the end of a year they will have to pay more than the entire Bitcoin economy will ever produce.

The only way they are able to repay is by stealing money from the next person. Sooner or later , when deposits slow down and many withdrawals are due , they will just shut down , like every other Ponzi scheme.

No longer active on bitcointalk, however, you can still reach me via PMs if needed.
justdoubleit (OP)
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June 06, 2014, 08:48:44 AM
 #112

This is a basic theory, reality is always different.
So far so good.. I don't see why so many people bail and scam hosting this? If they're in it for just the coins still keep it legit but take a certain % txid or simply deposit from another address to take advantage of there own system? If it dies out refund slightly to the last deposit's and keep % to yourself to cover server operation and time and begin a new round i guess? Or should i wakeup too myself and learn from my 2.5btc of lose from ass bandit scammers this doesnt happen?

Lets say they let me deposit one satoshi.

Over the first week it becomes 2 satoshi.
On the second week it becomes 2^2 = 4 satoshi
On the third week it becomes 2^3 = 8 satoshi

Now , after I leave it for 51 weeks , which is around a year , I decide to claim my payment.
They owe me 2^51 satoshi * 1/100,000,000 satoshis per Bitcoin = 22.5 million BTC.
That means , even if one satoshi is constantly doubled and reinvested each week , by the end of a year they will have to pay more than the entire Bitcoin economy will ever produce.

The only way they are able to repay is by stealing money from the next person. Sooner or later , when deposits slow down and many withdrawals are due , they will just shut down , like every other Ponzi scheme.
dooglus
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June 06, 2014, 08:49:05 AM
 #113

I've been getting steady payments back so I'm happy thus far. Good job!

I don't understand people who gets upset:

1. This is a gambling sub-forum - meaning, you gamble with your money - including in ponzi schemes, double your money and anything else. If you had a bad experience and want to warn others - great! open a thread about it.

2. Only experience leads to the right to pass judgement. So far this plan is making money.

Being righteous is fine if you got any ground to stand on. Not really here.

I'm not upset, I'm just pointing out that this is a scam.

OP claims:

Double your Bitcoin in four business days. Minimum amount 0.01 BTC. No upper limit. It doesn't go any simpler than that.

  • Send your deposit to the address below and get paid every hour 2% of the deposited amount.
  • You will receive 100 payments altogether.

This isn't true.  It can't be true.  OP doesn't have enough coins to double any amount with no upper limit.

This is "ground to stand on".

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June 06, 2014, 08:49:25 AM
 #114

Investing in Cryptory is much more safer than this.
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June 06, 2014, 09:01:56 AM
 #115

Clearly this is a Ponzi-esque scheme masquerading as some new found magical way to double your BTC..

Going to have to agree with dooglus on this one.. Shit like this cannot possibly work.
BTC is finite. You can't just keep doubling it by investing in crap like this.

If you honestly believe differently.. You sir are a mongoloid.

Cheers.


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Salmon1989
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June 06, 2014, 09:03:32 AM
 #116

Investing in Cryptory is much more safer than this.

It is just another ponzi. I can't really see how it is safer.

justdoubleit (OP)
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June 06, 2014, 09:05:31 AM
 #117

It all boils down to this - if you wanna make money now or not. Money talks ... walks.
Clearly this is a Ponzi-esque scheme masquerading as some new found magical way to double your BTC..

Going to have to agree with dooglus on this one.. Shit like this cannot possibly work.
BTC is finite. You can't just keep doubling it by investing in crap like this.

If you honestly believe differently.. You sir are a mongoloid.

Cheers.
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June 06, 2014, 09:06:12 AM
 #118

This is a basic theory, reality is always different.

The reality is ALWAYS different because no ponzi site lasts a year...  the owner always runs and starts a different site.
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June 06, 2014, 09:07:43 AM
 #119

It all boils down to this - if you wanna make money now or not. Money talks ... walks.

If you wanna make money now, invest with something that isn't run by a scammer.

If not, there's always a new "double your money" scam.  Once this one blows up another one will replace it.

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June 06, 2014, 09:10:00 AM
 #120

Who did we scam?
It all boils down to this - if you wanna make money now or not. Money talks ... walks.

If you wanna make money now, invest with something that isn't run by a scammer.

If not, there's always a new "double your money" scam.  Once this one blows up another one will replace it.
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