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Author Topic: "Pirate" ponzi simulation  (Read 2466 times)
ineededausername
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May 25, 2012, 07:29:07 PM
 #21

first "deposit," arrrr! Grin

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mcorlett
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May 25, 2012, 08:26:49 PM
 #22

Are you yourself allowed to participate?

ineededausername
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May 25, 2012, 10:01:37 PM
 #23

Are you yourself allowed to participate?

of course not

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May 26, 2012, 08:13:10 PM
 #24

lol, I like it & am going to throw some coins at it, when it eventually does go TU will you be posting the history of it all, deposits, withdrawals, interest payed, balances etc (I'm happy to be openly ID-ed) - perhaps then I could claim my reckless ponzi gamble as academic research Wink - PMing now for an account

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FreeMoney
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May 27, 2012, 05:59:37 PM
 #25

This could so easily be gamed... have a group of "investors" all deposit huge amounts at exactly the same time hack. Wait for exactly the same period of time, say 15 weekly cycles... bank the 150% return on investment, and then all call for withdrawal at the same moment. Some would get paid, some would not, but everyone would be ahead, at least 50%, and if it was organized right, they could pool the payout which would be the original investment at least, so that nobody would be hurt, and all would gain.

Bingo, instant magic bitcoins! Yay!

Lol, since you know this is going to last 15 weeks maybe forget the crew and just get rich yourself?

edit: I'm only trying to patch your system so that you sink alone, arrrr

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epbaha
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May 27, 2012, 10:45:39 PM
 #26

So who's throwing down 200 BTC and pulling out after the first week for an easy profit of 20 BTC?

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May 27, 2012, 10:55:00 PM
 #27

I'm curious how this would turn out with a ridiculously high interest rate, like 40%

If I started an identical game (changing only the interest) who would be interested?

Ponzi!

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May 28, 2012, 05:42:24 AM
 #28

I'm curious how this would turn out with a ridiculously high interest rate, like 40%

If I started an identical game (changing only the interest) who would be interested?

Ponzi!
https://bitcointalk.org/index.php?topic=77276.0?

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May 29, 2012, 01:45:47 PM
 #29

2 PMs to you re an account & no reply as yet I believe, did this already start yesterday or is it next Monday?  Huh

Node40.com is a leader in DASH hosting, dedicated exclusively to fully managed masternode hosting. Professional, organized, and responsive. I have many dozens of nodes with them.    
BTC = $c²     BTC = 1otohotohMoQoxHuxLBveQiZcV3Pji3Tc      DASH, Digital Cash = www.dash.org   
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terrytibbs
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May 29, 2012, 01:50:24 PM
 #30

2 PMs to you re an account & no reply as yet I believe, did this already start yesterday or is it next Monday?  Huh
inau is cashing out
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