Bitcoin Forum
November 11, 2024, 04:14:36 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: "Pirate" ponzi simulation  (Read 2701 times)
ineededausername (OP)
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


bitcoin hundred-aire


View Profile
May 25, 2012, 07:29:07 PM
 #21

first "deposit," arrrr! Grin

(BFL)^2 < 0
mcorlett
Donator
Sr. Member
*
Offline Offline

Activity: 308
Merit: 250



View Profile
May 25, 2012, 08:26:49 PM
 #22

Are you yourself allowed to participate?

ineededausername (OP)
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


bitcoin hundred-aire


View Profile
May 25, 2012, 10:01:37 PM
 #23

Are you yourself allowed to participate?

of course not

(BFL)^2 < 0
Otoh
Donator
Legendary
*
Offline Offline

Activity: 3108
Merit: 1166



View Profile
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

BTC = $c²     My BTC addie = 1otohotohMoQoxHuxLBveQiZcV3Pji3Tc 
Bitstamp Exchange: Referal Code
CHARITY | MY REP | PREDICTION 1 | PREDICTION 2 | PREDICTION 3
FreeMoney
Legendary
*
Offline Offline

Activity: 1246
Merit: 1016


Strength in numbers


View Profile WWW
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

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
epbaha
Member
**
Offline Offline

Activity: 82
Merit: 10


View Profile
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?

Garr255
Legendary
*
Offline Offline

Activity: 938
Merit: 1000


What's a GPU?


View Profile
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!

“First they ignore you, then they laugh at you, then they fight you, then you win.”  -- Mahatma Gandhi

Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
mcorlett
Donator
Sr. Member
*
Offline Offline

Activity: 308
Merit: 250



View Profile
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?

Otoh
Donator
Legendary
*
Offline Offline

Activity: 3108
Merit: 1166



View Profile
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

BTC = $c²     My BTC addie = 1otohotohMoQoxHuxLBveQiZcV3Pji3Tc 
Bitstamp Exchange: Referal Code
CHARITY | MY REP | PREDICTION 1 | PREDICTION 2 | PREDICTION 3
terrytibbs
Hero Member
*****
Offline Offline

Activity: 560
Merit: 501



View Profile
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
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!