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Author Topic: Bitcoin Randomizer, just a stupid pyramid scheme  (Read 55403 times)
BitLex
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August 18, 2010, 01:43:46 PM
Last edit: June 29, 2012, 06:32:21 PM by BitLex
#1

Warning: the randomizer has been hacked!
don't send any coins, check your account and withdraw what's left.
i'm trying to figure out what happened.


first things first: i'm sorry!
i know it's been a long time, i hope you'll forgive me someday.

haven't really been active in the last couple of months,
only logged in to the forums to delete some junk-posts on the german subforums when i read about them on my mails and didnt really do anything in the bitcoin-world besides that.

so what happened to the randomizer?
as mentioned, it got hacked and no, it wasn't me.
someone injected the mysql database, changed users passwords, logged in to users accounts and changed btc-addresses to withdraw available coins.
that way he was able to grab about 100-150 bitcoins, or something in that range.

i probably should have taken down the site completely immediately,
but i actually planned to get rid of the leaks and bring it back on track.
life sucks sometimes though and i had to care about some other, more serious stuff in my life,
so i never found some time to even take a closer look into it.

anyway, there's still about 145BTC left on the randomizer wallet, i never touched them at all
and i would be more than happy to hand them out, the only question is how to do it.
if i just allow everyone to withdraw their available balance, even the hacker will be able to login to those accounts he changed and might get some more coins, noone wants that.

i guess the only feasible way would be for you to mail me with your username from the email address you registered your account with (if that mail address doesnt exist, you should at least be able to tell me, what it was).
it might take some more time, cuz i'll have to check each request manually, but i think it'll work.

if that's ok with you, please send your requests to fxnet@bitlex.org

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BitLex
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August 18, 2010, 03:30:31 PM
#2

Use me as your sponsor so he doesn't take half the bitcoins upfront! Cheesy

http://fxnet.co.cc/?ref=14
gladly i was just checking the DB before the next user got activated,
so i just have put him/her under your account.
as soon as he/she's activated, you should get your share.  Cheesy
 

i think i'll work out a random-ref in case of no-ref, we'll see.

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August 18, 2010, 04:03:40 PM
#3

ah, ok,
guess u wont get a share then.  Grin

maybe i can catch one of the next ones to drop into your downline, i'll keep an eye on it.

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August 18, 2010, 04:54:31 PM
#4

If someone want to make me his sponsor: http://fxnet.co.cc/?ref=16 Smiley

Date Registered: 2009-12-10 | I'm using GPG, pm me for my public key. | Bitcoin on Reddit: https://www.reddit.com/r/btc
BitLex
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August 18, 2010, 04:59:03 PM
#5

If someone want to make me his sponsor: http://fxnet.co.cc/?ref=16 Smiley
i'v put you under davidonpda.

BitLex
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August 18, 2010, 05:43:47 PM
#6

you can withdraw as often as you want, as long as your balance is >0,
no need to re-enter, although your free to open up a second/third/forth/... account if you wish to.


oh and btw, you can not overpay,
overpayed coins, or those received after account-activation are available to withdraw too.
you could even use your account as a mobile-wallet, just edit the bcaOUT to whatever address you want to send coins to.

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August 18, 2010, 05:54:22 PM
#7

I don't think this is a normal pyramid. I show the .5 now. Can I withdraw multiple times, or you withdraw once and have to reenter?

This is not an archetypical pyramid scheme. But it is of the class "Ponzi scheme". One were the benefits to investors are paid from their own money and/or subsequent investors money.

You are betting on the gullibility of others relative to your gullibility. (i.e. Am I the first to be gullible or the last to be gullible?)
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August 18, 2010, 05:58:12 PM
#8

Whooo!  I'm in early on this one.   Cheesy

http://fxnet.co.cc/?ref=18

Folks, get in at the TOP!  Reap the REWARDS!  These berries will lubricate your insides, whiten your teeth, and stop acne.

You get a whole bucket of detergent for the same price you're paying for one department-store bottle!

You'll go from being in BTC debt, to running a balance.  Maserati?  Lambo?  These are the tough decisions you will have to make over a fruity adult beverage.

You can be your own boss, and your own best customer!

Act now.
http://fxnet.co.cc/?ref=18

Bitcoin accepted here: 1HrAmQk9EuH3Ak6ugsw3qi3g23DG6YUNPq
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August 18, 2010, 06:09:16 PM
#9

Whooo!  I'm in early on this one.   Cheesy

http://fxnet.co.cc/?ref=18

Folks, get in at the TOP!  Reap the REWARDS!  These berries will lubricate your insides, whiten your teeth, and stop acne.

You get a whole bucket of detergent for the same price you're paying for one department-store bottle!

You'll go from being in BTC debt, to running a balance.  Maserati?  Lambo?  These are the tough decisions you will have to make over a fruity adult beverage.

You can be your own boss, and your own best customer!

Act now.
http://fxnet.co.cc/?ref=18


LOL - So many justified arguments against "Ponzi Schemes". I argue that Money is a Ponzi Scheme, Capitalism is a Ponzi Scheme and Life is a Ponzi Scheme !  Shocked

HEY I was an early Bitcoin adopter and started 'generating' Bitcoins before most here ! I have more Bitcoins than you !.... yada yada

WAIT - Bitcoin is a Ponzi Scheme !!!  Shocked * joking *  Cheesy

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August 18, 2010, 06:20:52 PM
#10

oh and btw, you can not overpay,
overpayed coins, or those received after account-activation are available to withdraw too.
you could even use your account as a mobile-wallet, just edit the bcaOUT to whatever address you want to send coins to.

How much confirmation does it wait for?  The first 1.00 hit right away.. the second one seems to be taking longer? Nothing showing up yet.  0 confirmations.


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BitLex
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August 18, 2010, 07:01:52 PM
#11

How much confirmation does it wait for?
1 confirmation should do the job,
i just send 0.05 to my account to test it, it showed up on my balance as soon as it hits 1,
your (2nd) payment of 1.10 has 7 confirmations, so it should be on your balance and available to withdraw already.

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August 18, 2010, 07:12:28 PM
#12

WAIT - Bitcoin is a Ponzi Scheme !!!  Shocked * joking *  Cheesy

If you trade another commodity for bitcoins and SAVE the bitcoins, they you are gambling on relative future demand versus todays demand. If the future demand for bitcoins is higher you win, if it is lower you lose.

There are only two reasons for other people to "demand" bitcoins. Either they wish to save them for future use. Or they wish to trade them in the near term for another commodity.

So if it turns out that "all of the demand" for bitcoins is because people want to save them and sell them later when they are in higher demand, then you have a classic ponzi scheme.

If "all of the demand" is for use in immediate trading, then you have a very high velocity type of currency. (Changes hands many times over a short period of time) Counter-intuitively this "highest velocity" case actually defines the minimum demand for currency in a given community.

So yes, at the moment bitcoins as an investment fit nicely under the umbrella class of "Ponzi scheme". As a holder of bitcoins, the value of the coins increases most as more people decide to purchase bitcoins and save them.

When trading, the highest demand for bitcoins is caused by the smallest cycles.  
1) A has bitcoins, wants Apples; B has Apples, wants bitcoins
2) A has Dollars, wants Apples; B has Apples, wants bitcoins; C has bitcoins, wants Dollars.
3) A has Dollars, wants Apples; B hash Apples, wants Oranges; C has oranges, wants bitcoins; D has bitcoins, wants Dollars.

In (1) trading one unit of Apples, requires one unit of bitcoins
In (2) trading two units (Apples & Dollars), required only one unit of bitcoins.
In (3) trading three units (Apples, Oranges & Dollars), required only one unit of bitcoins.

So as bitcoin becomes popular for people to both buy and sell things using bitcoins, the demand for coins could very well drop. If you are speculating in bitcoins but promoting bitcoins for trading, you want small cycle trades (a la paypal). Large cycle trades minimizes the demand for your holdings.

So I really wasn't blowing smoke when I said Bitcoin has many Ponzi like characteristics. That may not be the intent of bitcoin users, but neither was it the intent of Ponzi's investors either.


BitLex
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August 18, 2010, 07:34:34 PM
Last edit: August 18, 2010, 07:52:26 PM by BitLex
#13

something interesting happened now and i'd like to let you know.

concerns: user 19+20

i'm still keeping an eye on new users and switch their refs to the previous userid, when they have no ref (=me).
so i changed the sponsor of user 20 from 1 to 19,
unfortunately user 19 didn't activate his account yet, if he's not fast enough, a 2nd random member will be choosen instead to receive those 50% sponsor-fee.

you can accidentally(?) sponsor others even when your account is not yet activated (you just wont see the promoURL, but it's not that it's hard to guess).

the funny thing about this is, that your already active referral might get a 50% (random) share of YOUR payment, if you ever activate your account.


slightly edited
after i noticed, that both aren't activated yet (user 20 has sent the initial payment, but not activated yet). Go for it 19!  Grin

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August 18, 2010, 07:58:33 PM
#14

IF we trusted you Cheesy

Nuuus, don't do that!  Smiley


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August 18, 2010, 08:06:25 PM
#15

Ah, I'm 19!

I was going to make another because I didn't use a referral link for anyone. I guess that doesn't matter since I'd be choosing randomly anyway. Am I too late? I'll do it now.

edit:
I sent 1. My sponsor is now 18. active:no

Just waiting for it to clear, right?

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BitLex
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August 18, 2010, 08:11:57 PM
#16

you won the race and are activated, so should your account-info say.

it says active: no as long as it hasn't received at least 1btc (confirmed) in total (doesn't matter how, or when).

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August 18, 2010, 08:22:33 PM
#17

you won the race and are activated, so should your account-info say.

it says active: no as long as it hasn't received at least 1btc (confirmed) in total (doesn't matter how, or when).


cool.

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August 18, 2010, 08:43:39 PM
#18

What is the 'add a link' page for?
Here do I get my referrer link from?

Are these two things related?
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August 18, 2010, 08:45:02 PM
#19

What is the 'add a link' page for?
Here do I get my referrer link from?

Are these two things related?
I think it means one of those newfangled hypertextual links for connecting internet pages to one another ;-)

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BitLex
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August 18, 2010, 09:01:52 PM
#20

hehe, sorry about not commenting those add&edit buttons.  Grin

you can just add a url/title/description (or some) to sites you want to promote.
not yet of any use, but i'm working on it to integrate a link-rotation to all ref-pages.

you'll not only get incredible rich, but also receive tons of traffic!  Grin

tell me what other features you'd like to see.


and you wont SEE your referrer link (but it exists) as long as your account is not activated,
once it is, you'll see the link.

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August 18, 2010, 10:49:14 PM
#21

everyone deserves some referrals,
default sponsor (for those not including ref-ids) is now random.

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August 18, 2010, 11:26:54 PM
#22

everyone deserves some referrals,
default sponsor (for those not including ref-ids) is now random.

Awesome! thanks. Smiley

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August 19, 2010, 06:26:21 AM
#23

I can't get into my account. Can you confirm that this is because I have brain damage and remember giving a password that I did not give? I gave an email right, can I reset?

I am account 19.

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August 19, 2010, 01:43:39 PM
#24

I feel like we need to raise our voices here... I've been registered with the randomizer for some 8 hours now and I still don't see any traces of richness, nor is my acne any better! Was I the sucker? I lost a whole bitcoin, how will I explain this to my wife?

Right, got that off my chest. Should you not randomize the sponsors for those that (like myself) registered less than an hour before you decided to randomize the sponsors? Think it would be cool. Or, you could allow us to change sponsors to someone down the pyramid if we are set to 1 (I wonder who that is :p )
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August 19, 2010, 01:54:21 PM
#25

I think this doesn't hit true Ponzi-scheme usefulness because you don't get down-network treatment: if you want people signing everyone up like mad, you have to give them some of their future downline's earnings, perhaps 1/3^N where N is number of levels below.

p.s. I signed up, and if you like this idea, make me your sponsor so that I get in early on the pyramid side of the scheme... http://fxnet.co.cc/?ref=30


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BitLex
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August 19, 2010, 02:07:07 PM
#26

I can't get into my account. Can you confirm that this is because I have brain damage and remember giving a password that I did not give? I gave an email right, can I reset?

I am account 19.
don't panic, a forgot-password-link does not exist yet, but i'm gonna add one asap.

.., how will I explain this to my wife?

no clue

Quote

... Should you not randomize the sponsors for those that (like myself) registered less than an hour before you decided to randomize the sponsors? Think it would be cool. Or, you could allow us to change sponsors to someone down the pyramid if we are set to 1 (I wonder who that is :p )


Once your account is activated, it doesnt matter who your sponsor was/is.
as long as it's not activated, it would make sense to change the sponsor (which i did manually on some accounts), so another person gets the spronsor-fee,
once the sponsor-fee is payed, it doesnt matter who your sponsor is/was.

and sponsors ARE random now,
if people sign up without using a ref-id a random member is choosen as sponsor,
it's only that after yourself there has just been 5 registrations and you havent been one of the lucky members that have been choosen to be their sponsor.
better luck next time.

and if you'r craving for referrals, well how about referring some?

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August 19, 2010, 02:24:45 PM
#27


and if you'r craving for referrals, well how about referring some?


Either my sarcastic tone went completely unnoticed or you really ROCK at it Smiley.
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August 19, 2010, 02:32:13 PM
#28

This isn't a good pyramid because it was mentioned before, there is no inventive from the downline. It should be split more and paid up higher Wink
greedy bastards.  Grin

Oh kay,
if you guys want a bigger/longer/better downline, i can just split up that coin into some more transactions, shouldn't be a real problem.
Any ideas are welcome.

For now i'v to get the password-thingie done first.

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August 19, 2010, 02:43:51 PM
#29

Let me see if I get this straight... assume I have a few bitcoins I'm not that fond of, and decide to just dump these into my account. Would they be randomly distributed? What benefit would I have for doing that? Is this a part of the workflow at all?
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August 19, 2010, 03:09:29 PM
#30

assume I have a few bitcoins I'm not that fond of, and decide to just dump these into my account. Would they be randomly distributed?
hell no!

the only coins distributed are those initial 1btc payments,

anything else received by your bcaIN (that includes random and sponsors earnings, overpayed coins, coins you send in later, donations you grabbed from a board by posting your bcaIN,...etc.pp)
should be instantly available for you to withdraw (or send to any address you set bcaOUT to).





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August 19, 2010, 10:32:38 PM
#31

After spending some hours trying to figure out why sendmail doesnt work (on this vhost only, other vhost on the same machine work fine Huh )
i finally switched to SMTP using gmail, at least a workaround til i find that bug.

Your able to get a new password by mail now in case of brain damage. Roll Eyes


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August 20, 2010, 12:02:57 AM
#32

Nothing fancy, just click this please:  http://fxnet.co.cc/?ref=31
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August 20, 2010, 03:15:52 AM
#33

someone has been smart enough to referr himself,
like not only a new account to be your own downline (which is totally ok),
but having his own id as sponsor.

not sure how that happened, by accident, his choice, my buggy scripting?
i'd like to know if he did that by choice, cuz it was possible, although not of any use i think, as long as he's not active, he wont receive his own sponsor-fee.

please let us know!

anyway, i hope i killed that bug, maybe i'm pretty sure you'll find some others.


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August 20, 2010, 04:00:15 AM
#34

That was me.  Smiley  I signed up for a fake account to determine the state of the new ID counter, then set my referrer to that number plus one and signed up for my real account.

Sadly, it didn't work.  The activation process sends out the 0.5 BTC payments before marking your account active, it seems - my payment caused two random people to get 0.5 BTC each.

Obligatory referral link:  http://fxnet.co.cc/?ref=27
Glad it worked as supposed, sorry about that.  Cheesy

Thanks for letting us know.

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August 20, 2010, 06:14:47 AM
#35

When I click a referral link while already logged in it takes me to a new password page. Not sure what should happen, just letting you know.

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August 20, 2010, 06:30:59 AM
#36

When I click a referral link while already logged in it takes me to a new password page. Not sure what should happen, just letting you know.
Huh?
the referral link just takes you to the index-page,
while logged in, you'll see your account-info, balance, "set new password" stuff and (if there is any) be able withdraw balance.
while logged out, you won't see that stuff.



the ref parameter just matters, if your
a. logged out and
b. want to sign up a new account and
c. dont have a ref-cookie (session actually) left on your box








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August 20, 2010, 07:13:18 AM
#37

Okay, sorry, I shouldn't have described it like that. Here's what I actually get.

 


That is not my bitcoin address. But I am logged in to MY ACCOUNT (19) because I was able to change my password.


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August 20, 2010, 07:13:48 AM
#38

fixed some bugs, added some stuff, time to test if everythings ok now.

so here's another incredible offer:
free memberships

i'll pay the inital membership fee of 1btc to the first 10 people,
that send me a PM with subject: userid:bcaIN.

i don't mind if you already have an account and referr yourself, or just don't want to pay the fee to activate it.

anyone could grab a free spot, one per forum-account.

sign up, login, send PM, get unbelievable rich!  Roll Eyes

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August 20, 2010, 07:18:15 AM
#39

Fixed! PM coming Smiley

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August 20, 2010, 07:20:46 AM
#40

Okay, sorry, I shouldn't have described it like that. Here's what I actually get.
..
That is not my bitcoin address. But I am logged in to MY ACCOUNT (19) because I was able to change my password.

i see,
have to check that, it mixes up the uid with ref somewhere,
it doesnt know ur username (says "welcome ," instead "welcome user,"),
time to fix some more bugs.  Grin

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August 20, 2010, 07:23:26 AM
#41

I think it's fine now, whatever you did fixed it. Now the ref link just takes me to my own account normally.

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August 20, 2010, 07:24:58 AM
#42

fixed some bugs, added some stuff, time to test if everythings ok now.

so here's another incredible offer:
free memberships

i'll pay the inital membership fee of 1btc to the first 10 people,
that send me a PM with subject: userid:bcaIN.

i don't mind if you already have an account and referr yourself, or just don't want to pay the fee to activate it.

anyone could grab a free spot, one per forum-account.

sign up, login, send PM, get unbelievable rich!  Roll Eyes


When I try to make another account it says "user already exists" even though I use a new name and email. I guess it's the cookie? How to get a free bitcoin!?

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August 20, 2010, 07:32:02 AM
Last edit: August 20, 2010, 07:52:11 AM by BitLex
#43

yes, it's the cookie,
just go to your browsers settings and delete the (only) one for fxnet.co.cc,
or use another browser-profile,
or use another browser,
..
 Cheesy


and i think i found that bug (or at least one possible reason).
user 27 shown at sponsor, is that one "referring himself" i mentioned a few posts behind (which i didn't change yet),
but i guess that's not it, will need some more tweaks.

edit:
tweaked a bit, hope it worked.

fixed some bugs, added some stuff, time to test if everythings ok now.

so here's another incredible offer:
free memberships

i'll pay the inital membership fee of 1btc to the first 10 people,
that send me a PM with subject: userid:bcaIN.

i don't mind if you already have an account and referr yourself, or just don't want to pay the fee to activate it.

anyone could grab a free spot, one per forum-account.

sign up, login, send PM, get unbelievable rich!  Roll Eyes


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August 20, 2010, 03:28:23 PM
Last edit: August 20, 2010, 09:07:00 PM by BitLex
#44

fixed some bugs, added some stuff, time to test if everythings ok now.

so here's another incredible offer:
free memberships

i'll pay the inital membership fee of 1btc to the first 10 people,
that send me a PM with subject: userid:bcaIN.

i don't mind if you already have an account and referr yourself, or just don't want to pay the fee to activate it.

anyone could grab a free spot, one per forum-account.

sign up, login, send PM, get unbelievable rich!  Roll Eyes
although both of you didn't get the subject right,  Grin
i just payed the first fees.


1: user 42
2: user 43
3: user 44
..


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August 20, 2010, 03:52:02 PM
#45

Thanks for the free extra account!

Quote from: BitLex
although both of you didn't get the subject right

LOL. Did FreeMoney also fail to replace "userid"?

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August 20, 2010, 04:32:38 PM
#46

Sorry, but this pyramid sucks. First one in, and no down line fees paid at all.

This is more like a direct referral system, not a pyramid.

your right, this isn't a good pyramid, cuz YOU as a sponsor will only get payed once per direct refferral,
all other fees are randomly payed to all members, no matter where they are located in the pyramid.

theres 42 accounts, right now 35 of 'em are activated,
what did u expect?

you already got 2 referrals, 1 of them isn't active though.
seems like you've already withdrawn those 0.5btc of the active one.

just be a bit more patient,
or at least come up with some suggestions on what to change.

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August 20, 2010, 07:45:37 PM
Last edit: August 20, 2010, 09:06:33 PM by BitLex
#47

With me being one of the first, and the first to post with my id, I should be reaping huge rewards in a regular pyramid Smiley I may have even have received one or two whole coins by now.

Your right, a (un- or forced) regular matrix-style pyramid would be nice mostly for those that join first,
but hey, it's a randomizer, not a pyramid.  Cheesy

as mentioned, i'm open to ideas and willing to change stuff as users want me to.
don't want to change the whole system though, maybe create a second style.

but i'm ok with splitting those .5-shares into some more/deeper level'd shares,
what'd be a good share in your opinion?
and what do others think?

update:
added a get_nextRef() function already, should be easy to add a few more sponsor-level-paments now.
how about 1st-0.2, 2nd-0.3?
or 1st-0.2, 2nd-0.2, 3rd-0.1?
or 1st-0.1, 2nd-0.1, 3rd-0.1, 4th-0.2?
or...
guess we need a survey. Cheesy
don't forget it's all about transactions, the more splits, the more transactions will occur.

free memberships

i'll pay the inital membership fee of 1btc to the first 10 people,
that send me a PM with subject: userid:bcaIN.

i don't mind if you already have an account and referr yourself, or just don't want to pay the fee to activate it.

anyone could grab a free spot, one per forum-account.

sign up, login, send PM, get unbelievable rich!  Roll Eyes

payed fees of..

1: user 42
2: user 43
3: user 44
..

7 tickets left


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August 20, 2010, 09:40:20 PM
#48

Still give the .5 to the sponsor, that's fine since you basically have it set up that way. The bigger numbers at the bottom, make bigger numbers for the guys up top.
so basically, it already is .5 for the first level. Direct sponsor. Then say .2 for 2nd level, .3 for 3rd level. Transactions are not smaller than .1 so there should be no fees.
That would require to get rid of all random-payments,
i dont really like the guys-on-top get almost all, others get peanuts idea, guys-on-top get most over time anyway, why not give others some bits too?

or to raise the fee to 1.Nbtc
and i'd like to keep it as low as possible, 1btc seemed nice and easy.

waitin' for other opinions...

edit:
transactions can go as low as 0.01 without causing transactions fees, can't they? i never payed any.

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August 21, 2010, 12:26:15 AM
#49

I think .5 random, .25 to direct referrer, .13 to referrers referrer, .06 next, .03, .02,.01

If the chain doesn't go that deep, give it all excess to the first in chain. Does that make sense to do?

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August 21, 2010, 04:07:20 AM
Last edit: August 21, 2010, 04:37:56 AM by theymos
#50

transactions can go as low as 0.01 without causing transactions fees, can't they? i never payed any.

Fees are based on the number of previous transactions ("coins") you have to combine. A fee is charged if you combine more than about 500 coins. This might be a problem if you have lots of small coins lying around. 0.01 * 500 is only 5 BTC. To be safe, you should probably send large withdrawals as multiple smaller payments. Payments lower than 0.01 are "forbidden": they carry a fee of 0.01.

0.5 should continue to be randomized. It might be nicer to break it up into 5-10 parts, though, so people get something more often. I suggest the referral payment be broken up like so: 0.25, 0.1, 0.05, 0.05, 0.05.

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August 21, 2010, 07:23:49 AM
Last edit: August 21, 2010, 01:43:30 PM by BitLex
#51

currently testing 3.lvl-sponsors->.25/.15/.10
4 payments been sent by bitcoind, they just say "to yourself" on the GUI though,
so i'm waiting for confirmations to check back into accounts and see if coins arrive accordingly.

if anything works, i'll activate it (and/or change a bit more).

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August 21, 2010, 12:16:39 PM
Last edit: August 21, 2010, 01:44:02 PM by BitLex
#52

3.level sponsor payment activated.

your sponsor gets .25
2.lvl sponsor gets .15
3.lvl sponsor gets .10

as before, if any lvls sponsor isn't active, an active random member gets the share (needs to be tested though).


free memberships

i'll pay the inital membership fee of 1btc to the first 10 people,
that send me a PM with subject: userid:bcaIN.

i don't mind if you already have an account and referr yourself, or just don't want to pay the fee to activate it.

anyone could grab a free spot, one per forum-account.

sign up, login, send PM, get unbelievable rich!  Roll Eyes

payed fees of..

1: user 42
2: user 43
3: user 44
4: user 45
5: user 54
..

5 tickets left


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August 21, 2010, 01:45:10 PM
#53

3.level sponsor payment activated.

your sponsor gets .25
2.lvl sponsor gets .15
3.lvl sponsor gets .10

as before, if any lvls sponsor isn't active, an active random member gets the share (needs to be tested though).


I made a third account and it gave the 2 referrers the correct amounts. Can't tell about the random bit of course.

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August 21, 2010, 01:55:34 PM
Last edit: August 21, 2010, 02:10:18 PM by BitLex
#54

I made a third account and it gave the 2 referrers the correct amounts. Can't tell about the random bit of course.
3rd lvl would be Ground Loop as far as i see, so he should've got your 3rd share.

randomness while inactivity should work as it did before,
only thing i have NOT done yet is to check if random-1st != random-2nd != random-3rd,
so, if sponsors are inactive, you might get choosen twice/3times randomly and so get 2/3 shares.
not sure if it's a bug, or a feature?  Grin



if anythings working, i'd like to start promoting the site on some traffic-exchanges and such to promote bitcoin, that's what i created it for in the first place.
but i kinda suck on graphics-design, if anyone's bored and up to creating some banners...i'd appreciate any help.
gonna play a bit with PS now myself and see if anything useful comes out.

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August 21, 2010, 02:05:44 PM
#55

I made a third account and it gave the 2 referrers the correct amounts. Can't tell about the random bit of course.
3rd lvl would be Ground Loop as far as i see, so he should've got your 3rd share.

randomness while inactivity should work as it did before,
only thing i have NOT done yet is to check if random-1st != random-2nd != random-3rd,
so, if sponsors are inactive, you might get choosen twice/3times randomly and so get 2/3 shares.
not sure if it's a bug, or a feature?  Grin

Feature, imo Smiley

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August 21, 2010, 02:16:54 PM
#56

... if sponsors are inactive ...

When you say an account is inactive, you just mean that it hasn't been funded for BTC1, correct?

Or do you mean that there is some requirement to stay active by doing something like referring or visiting the site regularly?
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August 21, 2010, 02:26:43 PM
#57

correct,
all accounts that haven't received (at least) 1btc (in total) remain inactive,
once 1btc has been received, accounts stay active.
no need todo anything besides (referring if you want to,) logging in from time to time to check/withdraw earnings,
or to add links to the rotation (or do other stuff that might be added)

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August 21, 2010, 04:22:32 PM
#58

made a first banner (in 3 colors),

here's a link to show them rotating and clickable
http://fxnet.co.cc/img/banner.php

if you want to use that link to promote (within a frame/iframe), just add your ref=ID like this
http://fxnet.co.cc/img/banner.php?ref=23
but you can also grab the img-links to hotlink, or the imgs to put on your server, whatever fits your needs.



free memberships

i'll pay the inital membership fee of 1btc to the first 10 people,
that send me a PM with subject: userid:bcaIN.

i don't mind if you already have an account and referr yourself, or just don't want to pay the fee to activate it.

anyone could grab a free spot, one per forum-account.

sign up, login, send PM, get unbelievable rich!  Roll Eyes

payed fees of..

1: user 42
2: user 43
3: user 44
4: user 45
5: user 54
..

5 tickets left


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August 22, 2010, 06:38:32 PM
#59

added a downline overview to your account info
and usercount to the (bitcoind) stats shown on index-bottom.
stats also show btc-withdrawn, which doesn't mean much though, it might (will?) get higher than usercount, because anyone could fund any amount at any time to his/her balance to withdraw later and any withdrawn amount is shown here (not only earnings).

tell me if it shows strange/wrong numbers.

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August 29, 2010, 12:13:19 PM
#60

url-Rotator as a new promo-option,
add as many urls as you like and promote them using a single link.

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September 01, 2010, 09:00:33 PM
#61

I've just discovered that my absolutely favorite new URL is http://fxnet.co.cc/?ref=67

It has a lovely symmetry to it, don't you think?
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September 21, 2010, 08:29:42 PM
#62

Where do I see the amount of BTC in my account? I am logged in and don't see it.
I have the BTC-OUT function but it does not work.

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September 21, 2010, 09:35:52 PM
#63

It's shown on your acount info-page,
actually twice when there's a balance on your account.

one time right after your bcaIN it says (active:yes - bcr: 2.5), where bcr (bitcoins received) is -1 on sign up and 0 once activated,
once ativated it also shows btc received: 2.5 (withdrawn../left to withdraw..) right below your bcaOUT,
where received is the total amount received, withdrawn is what you already got and left is what's still there. Cheesy
if there's a balance and bcaOUT, the withdraw-button appears.

did i miss anything?


i know, it's not that clearly arranged, guess i'll have to work on design a bit. Roll Eyes
there's some more work and improvements todo anyway, haven't had much time lately though.
if you notice any bugs or probs, or have some ideas, just let me know.

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October 06, 2010, 08:13:50 PM
#64

ive just joined your project, hoping i can get a few btc.
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October 07, 2010, 04:40:36 PM
#65

hmm weird, I've just checked my statistics and I have:

downline:   1.lvl:3 | 2.lvl:0 | 3.lvl:0

btc received: 0.5

withdrawn: 0.50

left to withdraw: 0

It can be me, missing something.
But shouldn't I have 0,75 instead of 0,5 with 3 referrals?



BTC: 1MifMqtqqwMMAbb6zr8u6qEzWqq3CQeGUr
LTC: LhvMYEngkKS2B8FAcbnzHb2dvW8n9eHkdp
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October 07, 2010, 04:58:21 PM
#66

not yet.  Cheesy

only 2 of your refs are active so far.

i'm gonna change that,
shall i show actives only, or add actives to the current view like 3(2), or something?

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October 07, 2010, 05:09:35 PM
#67

not yet.  Cheesy

only 2 of your refs are active so far.

i'm gonna change that,
shall i show actives only, or add actives to the current view like 3(2), or something?
That explains, but it is a little bit confusing like it's written now  Grin

Changing it to actives only would make more sense but because it is nice to know how much are pending I prefer something like:
3 (2 active)
3 (1 still pending)

or an extra line:
downline:   1.lvl:2 | 2.lvl:0 | 3.lvl:0
pending: 1.lvl:1 | 2.lvl:0 | 3.lvl:0

BTC: 1MifMqtqqwMMAbb6zr8u6qEzWqq3CQeGUr
LTC: LhvMYEngkKS2B8FAcbnzHb2dvW8n9eHkdp
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October 08, 2010, 12:43:32 AM
#68

done (hopefully)  Grin

now it looks like

1.lvl:3 (2 pending)
2.lvl:1
3.lvl:0

seems to show correct numbers, let me know if it doesnt.


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October 08, 2010, 07:55:56 AM
#69

perfect  Cool

BTC: 1MifMqtqqwMMAbb6zr8u6qEzWqq3CQeGUr
LTC: LhvMYEngkKS2B8FAcbnzHb2dvW8n9eHkdp
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February 11, 2011, 06:49:48 PM
#70

The Website is shut down some minutes after i activated my account.
this feels very bad and i hope its not all about gettin my 1BTC...

would you reactivate the domain or provide an alternative please?

if the site will stay unavailable it would be nice if you send me my 1BTC back and my friend registred after me.

1N9t7Afujm9ft3zSLpQFg1VTUgoScEzVL3
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February 11, 2011, 07:33:47 PM
#71

the site isn't down,
might happen, that it's off for a minute from time to time when i'm working on the system,
if that happens, just try again 10minutes later.

everyone has been paid so far, noone lost a cent.

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February 11, 2011, 07:36:40 PM
#72

the site isn't down,
might happen, that it's off for a minute from time to time when i'm working on the system,
if that happens, just try again 10minutes later.

everyone has been paid so far, noone lost a cent.

Well just for the record, i have not  Wink
Also your .co.cc domain has expired !
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February 11, 2011, 07:49:27 PM
#73

Quote
Also your .co.cc domain has expired !

oops, i didn't even notice that.  Grin
i renewed it, let me know if it still doesn't work

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February 11, 2011, 07:54:03 PM
#74

Quote
Also your .co.cc domain has expired !

oops, i didn't even notice that.  Grin
i renewed it, let me know if it still doesn't work

Still not working at the mo, maybe it may take a while
to re-establish the domain.
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February 11, 2011, 08:10:28 PM
#75

ok, i'm sorry about the delay,
i promise all coins are still where you put them, i didn't touch anything.

let's hope the domain is back up and running within those 48hrs, so you can all see and withdraw your fortune immediately.  Wink

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February 11, 2011, 09:18:23 PM
#76

seems like it's crawling back up online,
at least i can access it again through TOR now without any problems.

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February 11, 2011, 09:31:44 PM
#77

ok, everything is running again.

maybe you could earn money with ads and distribute 80% of them to random users.
it would be fair if you get something for your work.
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February 11, 2011, 10:08:09 PM
#78

i could do that, if i knew a nice way "to make money with ads", but i don't.

all ads shown now are those textlinks added by users, free advertising for anyone, isn't that great?  Grin




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February 11, 2011, 10:33:43 PM
#79

Any updates on the two refs i have pending on level 1 ?
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February 11, 2011, 10:56:31 PM
#80

uuhm...i don't even know who you are (userid), nor who your refs are (to check who sponsored them), so i can't tell.

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February 11, 2011, 11:03:35 PM
#81

uuhm...i don't even know who you are (userid), nor who your refs are (to check who sponsored them), so i can't tell.

Ah no worries then, cheers for checking.
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February 11, 2011, 11:35:29 PM
#82

maybe, they just didn't login after first payment.
one login after payment has at least 1conf is required to trigger the random-/sponsor-payments and activate an account.
so if refs have paid, but didn't log in, they'll not get activated and you won't get sponsor-payments.

just send me your ID and i'll take a look at db.

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February 11, 2011, 11:40:33 PM
#83

maybe, they just didn't login after first payment.
one login after payment has at least 1conf is required to trigger the random-/sponsor-payments and activate an account.
so if refs have paid, but didn't log in, they'll not get activated and you won't get sponsor-payments.

just send me your ID and i'll take a look at db.

Thanks man, user id: 140
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February 12, 2011, 12:01:25 AM
#84

found 2,
first one registered shortly after yourself, 2010-10-23, second one registered 2011-02-06,
they both have not sent a coin yet.

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February 12, 2011, 12:16:47 AM
#85

found 2,
first one registered shortly after yourself, 2010-10-23, second one registered 2011-02-06,
they both have not sent a coin yet.



No worries, thanks for checking.
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February 15, 2011, 01:18:50 PM
#86

I make number 363
http://fxnet.co.cc/?ref=363
wish i had gotten in earlier.

140 was my sponsor

Bitrated user: opticbit.
https://www.bitrated.com/opticbit
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February 15, 2011, 08:27:48 PM
Last edit: February 16, 2011, 11:25:28 AM by nikonoel
#87

Interesting concept! I guess anyone can go to http://fxnet.co.cc/?ref=368 and register now!  Grin

I have some feedback about the registrating/confirmation process: in the first page that I see after logging in for the first time, I have the feeling that I should see a strong call to action such as: "Welcome! One last step before your account is validated: send 1 BTC to this address: <insert the address here>! After that, sit back and watch the BTC rolling in!"

Do you think it could improve your "reg to active" conversion rate?
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February 22, 2011, 07:11:57 PM
#88

Hi BitLex,

After testing the website for a few days, I still really think there is a great opportunity for improvement on the conversion rate side, here.  Cool
I think your "New Unique Visitor" to "Registered User" must be pretty high (after all, who doesn't want to earn bitcoins?), but I am afraid many users don't even know what to do once they are registered, therefore implying a relatively low "Registered User" to "Paying Member" conversion rate...  Undecided

Do you have the stats of these conversion rates? Would you mind sharing them with us? The cool thing is that I am sure there's a lot we can do to improve this!  Smiley

Just an example that just came to my mind, in order to improve the Registered User to Paying Member conversion rate: what about sending a short and nice e-mail to those who haven't payed their bitcoin yet, explaining them how they can send the bitcoin?

Yeah, I admit that doing online marketing is my job and I find it pretty exciting!  Grin

Can't wait to help you, if you are still enthusiastic about this project!
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February 22, 2011, 07:15:07 PM
#89

My conversion rate is quite good:
Quote
1.lvl:77 (27 pending)
2.lvl:63 (21 pending)
3.lvl:42 (13 pending)

1NXYoJ5xU91Jp83XfVMHwwTUyZFK64BoAD
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February 22, 2011, 07:24:42 PM
#90

My conversion rate is quite good:
Quote
1.lvl:77 (27 pending)
2.lvl:63 (21 pending)
3.lvl:42 (13 pending)

Yes, that's a 66% conversion rate... But is it that high, considering that when people register, they are already willing to spend 1 BTC (here I assume that they read the landing page before signing up)?
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February 22, 2011, 07:28:53 PM
#91

My conversion rate is quite good:
Quote
1.lvl:77 (27 pending)
2.lvl:63 (21 pending)
3.lvl:42 (13 pending)
And Im one of them. http://fxnet.co.cc/?ref=396
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February 22, 2011, 07:50:29 PM
#92

Yes, that's a 66% conversion rate... But is it that high, considering that when people register, they are already willing to spend 1 BTC (here I assume that they read the landing page before signing up)?

I think it's pretty good. Maybe people want to see what the members page looks like before they invest.

And I’m one of them. http://fxnet.co.cc/?ref=396

Thanks!

1NXYoJ5xU91Jp83XfVMHwwTUyZFK64BoAD
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February 22, 2011, 08:21:56 PM
#93

It is pretty good, but I also think it could be worth trying different actions to improve it even further!  Grin
After all, that's a nice playground, what Bitlex has set up...
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February 27, 2011, 08:46:31 PM
#94

If I get back 2 BTC I'll be happy.  Cool
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February 27, 2011, 09:00:53 PM
#95

From my experience you get back your 1BTC investment pretty quick as long as new users keep coming.
http://fxnet.co.cc/?ref=16

Date Registered: 2009-12-10 | I'm using GPG, pm me for my public key. | Bitcoin on Reddit: https://www.reddit.com/r/btc
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February 28, 2011, 01:35:24 AM
#96

From my experience you get back your 1BTC investment pretty quick as long as new users keep coming.
http://fxnet.co.cc/?ref=16

I've been a member for well over a week and nothin. how quick is quick?
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February 28, 2011, 02:16:29 PM
#97

As you can see from my ref number, I came to the system pretty early.
Until now I got 700% of my investment back (600% win).
When I remember correctly, it took about 1 month for for the first 100% win (win of 1 BTC).

Date Registered: 2009-12-10 | I'm using GPG, pm me for my public key. | Bitcoin on Reddit: https://www.reddit.com/r/btc
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March 21, 2011, 04:03:25 PM
Last edit: March 21, 2011, 04:15:52 PM by SunAvatar
#98

All right, it's time for some real competition here.

10% OFF SALE, THIS WEEK ONLY!!!

It costs 1 BTC to join the Randomizer. I assume I can at least see the referral numbers of my "clients".

For the next week, if you take me as a sponsor and then send me a message with your referral number, or otherwise prove it was you who joined, I will send you a 0.10 BTC rebate.

Act now! Supplies are limited! Give me your money today!

(If there is no way to prove it's you, I guess the offer is void. I sure hope that's not the case, though.)

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March 21, 2011, 04:58:26 PM
#99

Sign up with me and I'll refund .2 btc Wink
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March 21, 2011, 05:13:29 PM

Hm, 0.2 is a good offer; let's see what I can counter with.

My offer of 0.1 above still stands.

In addition, anyone who signs up with me before next Monday will also be given a 0.05 BTC bounty on anyone they recruit, and a 0.02 BTC bounty on anyone their recruits recruit.

That's right: as long as I get paid, so do you!

If your referral ID doesn't appear, one way to prove I'm your sponsor is to give me your username and password. Looking at the site, I don't see anything nefarious I can do with it until you've got some payments in (someone correct me if I'm wrong). You can change your password once I've confirmed.

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March 23, 2011, 04:37:42 AM

So i joined the randomizer like 2 months ago and haven't seen squat. Whats up with that??
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March 23, 2011, 03:14:29 PM

So i joined the randomizer like 2 months ago and haven't seen squat. Whats up with that??
Make sure you advertise it properly. If no one signs up thanks to you, you are not likely to get your money back soon. I got my investment back in one week by advertising it.
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March 23, 2011, 04:46:04 PM

So i joined the randomizer like 2 months ago and haven't seen squat. Whats up with that??
Make sure you advertise it properly. If no one signs up thanks to you, you are not likely to get your money back soon. I got my investment back in one week by advertising it.


I got a good part of it back in a day.
Sign up with me though and I'll give you .25btc!!
PM me but the link is in the sig.

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March 24, 2011, 03:01:03 PM

I love this idea.  It's fun and well-meaning, and a great way to advertise bitcoin.

I confess I'm proud of my terse "ad copy" for my Facebook post (with a link to my promo URL, of course):

Quote
An unabashed, lighthearted Ponzi scheme. It'll cost you one "bitcoin" - the new hacktivist internet currency now worth about US$.82 - to bet, in effect, that you're an early adopter. Well, are you?

I think "unabashed" and "lighthearted" are important, and I especially like how much "hacktivist" conveys, and I like the dare to early-adopt.

You're welcome to use it - I hereby place it in public domain.  If you like it you can of course send me some bitcoins (1HxhNkrFWouXeboNhJVfTy4Vtr5SBAeCxz), or use my referral link!
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March 24, 2011, 10:13:01 PM

Here's to hoping for a quick return  Grin
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March 25, 2011, 09:05:24 AM

Ok here is a simple question, I joined and paid my 1 bitcoin. I think the randomizer is a great idea!

But I now cannot remember my username which I seem to need to recover my password, so I am locked out!!

Surely I should be able to recover my password if I supply either un or email, I should not need both!!

[[ All Tips gratefully received!!  ]]
15ta5d1N8mKkgC47SRWmnZABEFyP55RrqD
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March 25, 2011, 09:12:28 AM

I'll be happy if I get my coin back, lol  Grin

btc address:1MEyKbVbmMVzVxLdLmt4Zf1SZHFgj56aqg
gpg fingerprint:DD1AB28F8043D0837C86A4CA7D6367953C6FE9DC

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March 25, 2011, 10:51:26 AM

Surely I should be able to recover my password if I supply either un or email, I should not need both!!
uhm..no,
thing is, you can create multiple accounts with different usernames, but only a single mail-address.

i guess you only have one account, so just let me know your email-address and i'll tell you the username.  Wink

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March 25, 2011, 12:00:10 PM

Surely I should be able to recover my password if I supply either un or email, I should not need both!!
uhm..no,
thing is, you can create multiple accounts with different usernames, but only a single mail-address.

i guess you only have one account, so just let me know your email-address and i'll tell you the username.  Wink

Maybe because it's simple and relatively small but the support is awesome  Smiley

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March 25, 2011, 06:37:54 PM

Arent Pyramid Schemes illegal?

http://bitcoin-otc.com/viewratingdetail.php?nick=DingoRabiit&sign=ANY&type=RECV <-My Ratings
https://bitcointalk.org/index.php?topic=857670.0 GAWminers and associated things are not to be trusted, Especially the "mineral" exchange
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March 25, 2011, 06:47:00 PM

Arent Pyramid Schemes illegal?
Not when you get in early

]join now!!!!!

j/k, you can get bitcoins essentially for free by mining
if you don't like this idea then don't particapate.
this is compleatly honest and upfront about what it is
I would assume the illegalities stem from people commiting fraud in order to recruit new people into their scheme
theres no fraud here, we all know exactly what we are doing with our bitcoins

and besides it's just monopoly money to the law anyway.

btc address:1MEyKbVbmMVzVxLdLmt4Zf1SZHFgj56aqg
gpg fingerprint:DD1AB28F8043D0837C86A4CA7D6367953C6FE9DC

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March 25, 2011, 07:35:22 PM

Arent Pyramid Schemes illegal?

I suppose so, but with 1btc that's not officially recognized I'd say you're about as evil as the 8 year olds and their lemonade stand that doesn't pay taxes.

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March 25, 2011, 09:24:15 PM

Arent Pyramid Schemes illegal?

I suppose so, but with 1btc that's not officially recognized I'd say you're about as evil as the 8 year olds and their lemonade stand that doesn't pay taxes.

AHAHAHA SO FUCKING TRUE
TEN MOAR POINTS TO VICTORY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

http://bitcoin-otc.com/viewratingdetail.php?nick=DingoRabiit&sign=ANY&type=RECV <-My Ratings
https://bitcointalk.org/index.php?topic=857670.0 GAWminers and associated things are not to be trusted, Especially the "mineral" exchange
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March 25, 2011, 09:48:05 PM

Arent Pyramid Schemes illegal?

I suppose so, but with 1btc that's not officially recognized I'd say you're about as evil as the 8 year olds and their lemonade stand that doesn't pay taxes.

AHAHAHA SO FUCKING TRUE
TEN MOAR POINTS TO VICTORY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

http://www.frugal-cafe.com/public_html/frugal-blog/frugal-cafe-blogzone/2010/08/05/bad-day-for-little-girl-with-lemonade-stand-in-oregon-bullied-by-big-bad-government-no-license-500-fine/
  Embarrassed

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March 27, 2011, 09:12:01 PM

Pathetic :-s
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March 27, 2011, 11:07:29 PM


Pathetic yes, surprising? Not really.

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April 19, 2011, 04:25:14 PM

Shouldn't I always receive at least (# 1.lvl active) * 0.25BTC? Or is it 25% of 50%???

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April 19, 2011, 08:38:38 PM

yes, you should.
0.25BTC for active 1.lvls, 0.15BTC for active 2.lvls, 0.10BTC for active 3.lvls
and every once in a while random 0.50BTC.

you currently have 4 1.lvl-refs, of which 2 are active, so you have received 0.50BTC so far,
anything wrong on your side?

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April 20, 2011, 01:31:01 AM

My last special offer yielded an underwhelming response, so here's another.

Here is my referral link. If you join under me and send me a message with proof (username and password), I will

  • send you a 15% rebate on your 1 BTC signup fee, and
  • enter you in a drawing to win the jackpot!

("The jackpot" is 0.5*[number of responses to this offer].)

This offer is going fast! Ends April 30 at the latest!

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April 20, 2011, 08:09:03 AM

I guess "active" means someone has paid the fee.

> 1.lvl:4 (1 pending)
I thought pending would mean "not active" and the other number would show the acitves. How would I know how many of these are active? Are there more than two states?

Boy, this pyramid scheme is hard work. =)

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April 20, 2011, 08:45:24 AM

I guess "active" means someone has paid the fee.
"active" means: paid the fee and logged in (or refreshed page) once after that (to trigger the sponsor-/random-payments),  that's correct.

Quote
> 1.lvl:4 (1 pending)
I thought pending would mean "not active" and the other number would show the acitves. How would I know how many of these are active?
means: you referred 4 people and 1 of those 4 is pending/not yet active/hasn't paid the fee yet,
obviously (or maybe not that obvious Roll Eyes), 3 of those 4 are active.

Quote
Are there more than two states?
no, there are just two states.




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April 20, 2011, 01:45:56 PM

actually it is not obvious for me but rather ambiguous, so thanks for explaining.

>"active" means: paid the fee and logged in (or refreshed page) once after that (to trigger the >sponsor-/random-payments),  that's correct.
I guess the triggering is necessary because of the way your program works, fine with me.

I understood: 1.lvl:4 (1 pending) does not mean 4 active plus 1 pending but 3 active plus 1 pending or in other words 4 on 1.level, one of them pending. check.

How come then there are 0.5BTC received with 3 active?

I don't mean to drive you crazy, I am just wondering.

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April 20, 2011, 02:37:04 PM
Last edit: April 20, 2011, 04:17:28 PM by BitLex

seems like we got a little bug hiding somewhere.  Undecided

but, after checking the DB it also seems there's everything fine with your account,
it's just that you actually only have 3 refs (and 1 of those pending),
one of the actives registered twice, due to the bug i guess, which didn't create a new bcaIN on his first try.
that non-created bcaIN obviously didn't make it to the database and that again results in the wrong display of your stats.

sorry about that, have to hunt that down.

[update]:
this didn't happen for the first time, but it only effected few registrations (~1%) and corresponding ref-stats,
due to the fact, that no bcaIN was created, no coins were sent, received, or lost.

seems like there's a connection-problem from webserver to bitcoin-rpc (which runs on another machine, although in the same LAN) from time to time,
but i don't know why, or what causes it.
i'll see if i can work that out, by adding another checkpoint or something,
else i'll just fire up another webserver on the bitcoin-machine and move the website to it.

i'm sorry for any inconvenience.


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April 20, 2011, 06:14:48 PM

seems like we got a little bug hiding somewhere.  Undecided

Looks like I'm experiencing this bug as well  Undecided No big deal, just hope you track it down.

I'd also like some more referral bonuses, so I'll follow the trend of subsidizing the cost.  Anyone who signs up with the link in my sig and messages me, I will refund .20 btc.
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April 20, 2011, 06:53:57 PM

I don't mind that little bug, I am just happy it's not in my head.  Grin

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April 20, 2011, 07:23:46 PM

Looks like I'm experiencing this bug as well 

My bad, just wasn't patient enough  Wink
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April 21, 2011, 02:33:20 PM

I'm in.  Maybe too late... Huh

bitcoin price cannot be sustained above $10k <---- scientific fact
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April 21, 2011, 05:06:18 PM

after looking more into those missing-bcaIN-accounts, this looked worse than it actually is,
there has only been 1 registration that seems to have had a connection-problem with bitcoind,
all other accounts, that didn't get their bcaIN, never logged in after account-creation.

in phelix's case, his ref didn't even notice he registered twice.  Smiley
now he knows and has 2 active accounts, which gets phelix 2 active refs.

for now, i just changed the downline-view a bit from
Quote
1.lvl:4 (2 pending)
to
Quote
1.lvl:4 (2 active/2 pending)
but i'll probably work a bit more on it soon.

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April 26, 2011, 12:22:22 AM

join under me and I'll return .20 BTC once your funds go through.
http://fxnet.co.cc/?ref=364

Bitrated user: opticbit.
https://www.bitrated.com/opticbit
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April 26, 2011, 07:21:14 PM

join under me and I'll return .20 BTC once your funds go through.
http://fxnet.co.cc/?ref=364
Did it work for anybody?  Grin
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April 26, 2011, 11:05:47 PM

Join with this link and you don't have to do any math :-)
http://fxnet.co.cc/?ref=618

bitcoinCodes.com: Get XBox live, PSN and WoW game time codes fast and anonymously
Android RPC client: Bitcoiner
Bitmessage: BM-GtcxVju35PGuD6es9vrF1SXtCVxScbjB
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April 27, 2011, 01:21:17 AM

The site seems to be down...

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April 27, 2011, 02:05:44 AM

just had a downtime of a few minutes earlier, sorry about that.
should be back up and running now.

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April 27, 2011, 03:29:42 AM

http://fxnet.co.cc/?ref=270

you know you want to.
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April 29, 2011, 09:24:39 PM
Last edit: May 17, 2011, 07:06:48 AM by ryukafalz

join under me and I'll return .20 BTC once your funds go through.
http://fxnet.co.cc/?ref=364
Did it work for anybody?  Grin
I joined with that link but somehow ended up under 461 lol.  Ah well.  On that note though:

http://fxnet.bitlex.org/?ref=798

Clicky clicky, I'm new, help me out guys. Tongue

(Editeded for link updates.)
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April 29, 2011, 09:48:43 PM

It seems the base of the pyramid is now too large :p

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April 30, 2011, 04:46:15 AM

It seems the base of the pyramid is now too large :p
Actually I think 1000 will be the point where it becomes difficult to gain new suckers members.
I think we will start to see a lot of "refund for referral" offers at that point

btc address:1MEyKbVbmMVzVxLdLmt4Zf1SZHFgj56aqg
gpg fingerprint:DD1AB28F8043D0837C86A4CA7D6367953C6FE9DC

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May 04, 2011, 02:57:45 PM

A friendly person was kind enough to abuse-report bitcoin-related co.cc-domains (for whatever reason),
resulting in some of my sites being unavailable.

One of them is the randomizer, another one is BitLex.
The latter is already taken care of, by grabbing .org,
the randomizer is available at http://fxnet.bitlex.org for as long as it takes to find a nice name for it.

I'm really sorry about that, but it seems someone doesn't like what we do (first ddos'ing MtGox, no they're after small sites like mine).

Tell everyone to update their ref-links.  Wink

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May 07, 2011, 04:52:20 PM

join under me and I'll return .20 BTC once your funds go through.
http://fxnet.co.cc/?ref=364
Did it work for anybody?  Grin
I joined with that link but somehow ended up under 461 lol.  Ah well.  On that note though:

http://fxnet.co.cc/?ref=798

Clicky clicky, I'm new, help me out guys. Tongue

Been trying to log in, but the site sees to be down.  Wil try again later.

Bitrated user: opticbit.
https://www.bitrated.com/opticbit
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May 07, 2011, 04:58:01 PM
Last edit: May 07, 2011, 05:25:07 PM by BitLex

Been trying to log in, but the site sees to be down.  Wil try again later.
maybe you should read the post above yours,
the site is not down, its domain changed.

turn co.cc into bitlex.org and you should be good.

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May 07, 2011, 05:01:08 PM

I am looking forward to the development of namecoin and a .bit browser plug in for firefox and others.  Then we could just type in the .bit name right in the browser. 

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May 07, 2011, 05:16:44 PM

Been trying to log in, but the site sees to be down.  Wil try again later.
maybe you should read the post above yours,
the site is not down, it's domain changed.

turn co.cc into bitlex.org and you should be good.

Got it.  New new people under me.

Bitrated user: opticbit.
https://www.bitrated.com/opticbit
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May 07, 2011, 05:41:46 PM

I'm kind of confused... I sent 1 btc as sign up and that all got activated, but now what?

Do I have to send more to get anything back?

EDIT: Wow how did I get -1 rep?  Cry
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May 07, 2011, 05:48:36 PM

no, you dont have to send more (if you send more, it'll show up on your balance to withdraw),
you just need to wait and be a lucky receiver of random 0.5btc,
or refer some new members to get some money back from your downline.

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May 12, 2011, 10:21:12 PM

I have this in my account from at least a week:

1.lvl:1 ( active/1 pending)

what does it mean?
I dont see coins in my account.
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May 12, 2011, 10:32:12 PM

it means, someone signed up on your downline (either clicked your ref-link, or you have been randomly chosen),
but that someone hasn't sent 1BTC yet to activate his account (and maybe never will, who knows).

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May 18, 2011, 05:27:51 AM

Join using my link, and I will rebate 0.20 BTC.

http://fxnet.bitlex.org/?ref=419
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May 21, 2011, 07:43:58 PM

Just joined the game Smiley
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May 23, 2011, 03:18:58 AM

http://fxnet.bitlex.org/?ref=460
All the cool people click that link. Actually, I made a good return.
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May 24, 2011, 02:41:11 PM

http://fxnet.bitlex.org/?ref=992

Go ahead and clicky :p
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May 24, 2011, 02:58:02 PM

http://fxnet.bitlex.org/?ref=992

Go ahead and clicky :p
nice page get, lol

btc address:1MEyKbVbmMVzVxLdLmt4Zf1SZHFgj56aqg
gpg fingerprint:DD1AB28F8043D0837C86A4CA7D6367953C6FE9DC

opticbit
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May 24, 2011, 09:17:30 PM

Still haven't gotten anyone to activate under me.
(#364)
http://Http://bit.ly/randombtc

If I had more refferals I'd open an aditonal acct too.

Bitrated user: opticbit.
https://www.bitrated.com/opticbit
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May 26, 2011, 02:13:30 AM

okay, I have 1 person below me, and one person below THAT....the 2nd level has been sitting at pending for over a day now...how long is it supposed to take for it to confirm?  The first one was a rather quick confirmation....
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May 26, 2011, 02:16:54 AM

However long it takes that person to send in the 1 BTC required =D
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May 26, 2011, 02:24:26 AM

ah...so they set up the account and didn't send the 1BTC.....guess that makes sense
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May 27, 2011, 06:04:07 AM
Last edit: May 27, 2011, 07:09:40 AM by torbank

When Bitcoin is at $1000, will the entry price still be 1 BTC I wonder?
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May 27, 2011, 08:53:23 AM

I'm totally in. This is gonna make me so rich that I can buy my mom that new house she deserves. And, then I'm gonna take my girl to a new fancy restaurant and I'm gonna ask her to marry me. But when she says yes, I'm going to accuse her of trying to get my new bitcoins for herself. I'll lash out, fling some cake at her, and run away. After that, I'll buy a sword and go on an adventure.

http://fxnet.bitlex.org/?ref=1027
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May 27, 2011, 06:01:19 PM

This seems like a sound investment. Count me in!  Grin

http://fxnet.bitlex.org/?ref=1030

Bitcoins: solid enough to build pyramids.
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May 27, 2011, 06:47:11 PM

of course, anyone can feel free to join under me as well...link is in my signature Cheesy
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June 01, 2011, 09:15:19 PM

Sent the 1 BTC.. Hopefully I'll get it back someday.

BTC: 1Fahk2aa4NS4Qds4VDAL4mpNArDEdV2K5K
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June 01, 2011, 10:44:47 PM

Just joined under a random number, so whoever you are number 435, I hope you enjoy the downline

http://fxnet.bitlex.org/?ref=1076

Love the random distribution, that's a pretty sweet way to make it a non-standard pyramid scheme. Figure we got at least another few months before there's no one left to join Wink
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June 02, 2011, 12:08:39 AM

Just joined under a random number, so whoever you are number 435, I hope you enjoy the downline

http://fxnet.bitlex.org/?ref=1076

Love the random distribution, that's a pretty sweet way to make it a non-standard pyramid scheme. Figure we got at least another few months before there's no one left to join Wink

There's a few years supply left, getting people to use bitcoin is the hard part.  I tried to get all my fb (people I've actually met in person) no one seemed interested.

When I'm a millionaire then maybe they'll listen.

Bitrated user: opticbit.
https://www.bitrated.com/opticbit
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June 02, 2011, 12:51:18 PM

Sent the 1 BTC.. Hopefully I'll get it back someday.

Oh, almost forgot.

http://fxnet.bitlex.org/?ref=987

Heheheh.

BTC: 1Fahk2aa4NS4Qds4VDAL4mpNArDEdV2K5K
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June 02, 2011, 06:05:06 PM

Hello cummunity

I try to get my coin back.
Maybe somebody want's to help :-)

http://fxnet.bitlex.org/?ref=1086

Have fun
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June 02, 2011, 09:23:47 PM

http://fxnet.bitlex.org/?ref=1099

I like that this is advertised as a pyramid scheme
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June 03, 2011, 04:24:20 PM

Join under me  Cool

http://fxnet.bitlex.org/?ref=1113

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June 03, 2011, 04:52:58 PM

http://fxnet.bitlex.org/?ref=653   <<< whoo, I am a early adopter of that then?

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June 03, 2011, 05:23:51 PM

http://fxnet.bitlex.org/?ref=992

Go ahead and clicky :p

I chose you because Mister Mosquito was a sweet game.

Somebody choose me.  If I get a referral signup I'll post pictures of my cat.  And he's awesome.  He kills squirrels.  Won't somebody think of the squirrels?!?!?

http://fxnet.bitlex.org/?ref=1115
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June 04, 2011, 06:54:11 PM

http://fxnet.bitlex.org/?ref=987

Use my link if this made you laugh  Smiley


http://img2.moonbuggy.org/imgstore/i-feel-like-a-pair-of-curtains.jpg

BTC: 1Fahk2aa4NS4Qds4VDAL4mpNArDEdV2K5K
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June 04, 2011, 07:26:49 PM

be a pal, sign up under me. http://fxnet.bitlex.org/?ref=270

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June 04, 2011, 08:29:11 PM

http://fxnet.bitlex.org/?ref=663

so pissed I didn't get 666

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June 04, 2011, 08:43:28 PM

http://fxnet.bitlex.org/?ref=663

so pissed I didn't get 666

should have made 3 more, you would have lost very little if you just kept using your referal. Cheesy
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June 04, 2011, 09:51:37 PM
Last edit: June 04, 2011, 10:01:47 PM by plasticAiredale

http://fxnet.bitlex.org/?ref=663

so pissed I didn't get 666

If it makes you feel better I just signed up using your ref. I am assuming I will get one of those fancy ref links with a number once my transaction is valid?

EDIT: Weird my number is 1137, that's a big jump, or I'm missing something  Huh
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June 04, 2011, 10:24:35 PM

found out this site is LEGIT my referal code http://sldoubler.com/?id=200 and it's a hell of a lot less saturated meaning faster payouts for everyone
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June 05, 2011, 12:33:58 AM

http://fxnet.bitlex.org/?ref=992

Go ahead and clicky :p

I chose you because Mister Mosquito was a sweet game.

Somebody choose me.  If I get a referral signup I'll post pictures of my cat.  And he's awesome.  He kills squirrels.  Won't somebody think of the squirrels?!?!?

http://fxnet.bitlex.org/?ref=1115
I like your thorough reasoning... I signed up under you.

user ID 1139
tito13kfm
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June 05, 2011, 12:38:33 AM

http://fxnet.bitlex.org/?ref=992

Go ahead and clicky :p

I chose you because Mister Mosquito was a sweet game.

Somebody choose me.  If I get a referral signup I'll post pictures of my cat.  And he's awesome.  He kills squirrels.  Won't somebody think of the squirrels?!?!?

http://fxnet.bitlex.org/?ref=1115
I like your thorough reasoning... I signed up under you.

user ID 1139

As promised, here is a picture of my cat with one of his "presents"

https://i.imgur.com/Sp3Th.jpg
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June 05, 2011, 12:56:15 AM

cool prize!  mine hunts birds.  Anyway, got my cool link thingy so the next random person can sign up under me.  I promise to be a faithful and helpful sponsor.

promo URL: http://fxnet.bitlex.org/?ref=1139
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June 05, 2011, 01:19:13 AM

Pick me... I HAVE COOKIES!
http://fxnet.bitlex.org/?ref=1141

http://fxnet.bitlex.org/?ref=1141
1C2AUjVqnY4TMC9D7ZGQ4aPurbLrLz2q2g
tito13kfm
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June 05, 2011, 06:42:55 AM

Pick me... I HAVE COOKIES!
http://fxnet.bitlex.org/?ref=1141

Cookies and Borritos?
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June 05, 2011, 10:16:29 AM

anyone who gets his 1BTC back yet? Smiley thikin about to sign up
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June 05, 2011, 11:33:30 AM

Just signed up sponsoring borito4 above.

My referrer url is http://fxnet.bitlex.org/?ref=1152

Let's keep the chain going, gullibles Tongue


https://localbitcoins.com/?ch=80k | BTC: 1LJvmd1iLi199eY7EVKtNQRW3LqZi8ZmmB
bitcoinlottery
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June 05, 2011, 12:49:32 PM

anyone who gets his 1BTC back yet? Smiley thikin about to sign up
The joke is that the first ones get probably the most money because if you are the last, you probably must wait untill there are 2.5-3 times more participants than now.
chris200x9
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June 05, 2011, 02:59:47 PM

anyone who gets his 1BTC back yet? Smiley thikin about to sign up
The joke is that the first ones get probably the most money because if you are the last, you probably must wait untill there are 2.5-3 times more participants than now.

yes and no. For sure older ones would probably get more referals, but since it goes to the first through third level referers then a random one everyone has an equal chance of getting 1 / 4 of a bitcoin. Also many newer people are using other newer peoples referals so that helps too. Just because your old like me http://fxnet.bitlex.org/?ref=270 (see 270) doesn't necasserily mean you have any greater chance than a newbie (I have no referers so I don't Sad)

edit: if you want something "fairer" check out http://sldoubler.com/?id=200
S3052
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June 05, 2011, 08:10:20 PM

it is definitely fun, so here is my referral.

http://sldoubler.com/?id=202

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June 05, 2011, 09:24:07 PM

anyone who gets his 1BTC back yet? Smiley thikin about to sign up
The joke is that the first ones get probably the most money because if you are the last, you probably must wait untill there are 2.5-3 times more participants than now.

yes and no. For sure older ones would probably get more referals, but since it goes to the first through third level referers then a random one everyone has an equal chance of getting 1 / 4 of a bitcoin. Also many newer people are using other newer peoples referals so that helps too. Just because your old like me http://fxnet.bitlex.org/?ref=270 (see 270) doesn't necasserily mean you have any greater chance than a newbie (I have no referers so I don't Sad)

edit: if you want something "fairer" check out http://sldoubler.com/?id=200
The first ones had a far longer time to get those 1 / 4 of a bitcoin and in the beginning the chance to get it was far, far bigger Wink. And these have the same chance as you, now to get those. So what I mean, in this system, it gets less and less attractive to play if it is about those random bitcoins.
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June 06, 2011, 05:02:20 AM

I'd be very grateful if someone signed up with my ref.
I'm kinda poor right now and it would be really refreshing if I could at least get my coin back Smiley

Here's the link:
http://fxnet.bitlex.org/?ref=1179


In return: a kitten!
http://images.pictureshunt.com/pics/c/cute_kitten-8368.jpg
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June 06, 2011, 06:25:48 AM

I'm currently waiting for a payment of BTC100,000,000, which I will recieve in return for aid to a Doctor who is currently hiding in a barrel in the port of Lagos while awaiting the arrival of the ship a transport towards which I payed BTC10,000 which will bring him out of the country.

As my remaining assets are tied up in an effort to bring unclaimed British Lottery winnings and Western Union transfers to their rightful owners the aforementioned transaction has temporarily put an unfortunate strain on my financial situation, which is why I ask you to consider this mutually beneficial investment opportunity: http://fxnet.bitlex.org/?ref=1030

Sincerely,
A. Nodyne, Professor Emeritus.

Bitcoins: solid enough to build pyramids.
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June 06, 2011, 08:41:06 AM

If you sign up under me I can buy more drugs and hookers, I can even pay the hookers extra to accept bitcoin. http://fxnet.bitlex.org/?ref=1045 thank you!

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June 06, 2011, 02:24:20 PM

I know I'm just a newbie, but maybe someone would be willing to help me by signing up with me as their sponsor?

http://fxnet.bitlex.org/?ref=1074
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June 06, 2011, 02:31:28 PM

Why don't you put the link into your signature and start posting like hell?  Wink

This Ponzi scheme needs some effort but it still works...
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June 06, 2011, 02:42:44 PM

Why don't you put the link into your signature and start posting like hell?  Wink

This Ponzi scheme needs some effort but it still works...
Point well taken. I do need to find a way to become more active around here.
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June 06, 2011, 03:29:58 PM

If you use my link, I'll give you 0.1 bitcoins in return. Win/win situation! PM me with your bitcoin address when you have confirmed the account.

http://fxnet.bitlex.org/?ref=987

BTC: 1Fahk2aa4NS4Qds4VDAL4mpNArDEdV2K5K
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ender
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June 06, 2011, 04:56:01 PM

http://fxnet.bitlex.org/?ref=1204

If you use my link I'll tell you all the spoilers you want from Game of Thrones, free of charge!
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June 06, 2011, 05:44:14 PM

If you use my link, I'll give you 0.1 bitcoins in return. Win/win situation! PM me with your bitcoin address when you have confirmed the account.

http://fxnet.bitlex.org/?ref=987

I can see where this auction is headed

0.2 bitcoins for sign up under this referral

http://fxnet.bitlex.org/?ref=1076
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June 06, 2011, 07:06:02 PM
Last edit: June 06, 2011, 07:33:15 PM by torbank

Got my first level 2 member payment today, so that makes 0.9 BTC. Almost got my money back.

Out of 9 members in my downline, 5 are still "Pending".

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June 06, 2011, 07:27:41 PM

I can see where this auction is headed

0.2 bitcoins for sign up under this referral


0.21 bitcoins if you use mine  Wink

http://fxnet.bitlex.org/?ref=987

BTC: 1Fahk2aa4NS4Qds4VDAL4mpNArDEdV2K5K
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June 06, 2011, 08:10:37 PM

http://fxnet.bitlex.org/?ref=663

so pissed I didn't get 666

If it makes you feel better I just signed up using your ref. I am assuming I will get one of those fancy ref links with a number once my transaction is valid?

EDIT: Weird my number is 1137, that's a big jump, or I'm missing something  Huh

yep that's seems about right

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June 06, 2011, 08:19:45 PM

Lvl1: 5 (1 Active/4 Pending)

Come on guys, you can't get in on the Pyramid scheme if you never send in your coin to start!
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June 07, 2011, 02:31:52 AM

http://fxnet.bitlex.org/?ref=992

Go ahead and clicky :p

I chose you because Mister Mosquito was a sweet game.

Somebody choose me.  If I get a referral signup I'll post pictures of my cat.  And he's awesome.  He kills squirrels.  Won't somebody think of the squirrels?!?!?

http://fxnet.bitlex.org/?ref=1115
I like your thorough reasoning... I signed up under you.

user ID 1139

As promised, here is a picture of my cat with one of his "presents"

https://i.imgur.com/Sp3Th.jpg
Just wanted to point out that my sponsor follows through on his promises  Grin
http://fxnet.bitlex.org/?ref=1139
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June 07, 2011, 04:09:56 AM
Last edit: June 07, 2011, 05:59:16 AM by ecurrency.ec

Resolved

Thanks, BitLex!
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June 07, 2011, 05:19:22 AM

I'll be your friend on facebook
http://fxnet.bitlex.org/?ref=1234

Message me for facebook add
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June 07, 2011, 09:24:02 AM

http://fxnet.bitlex.org/?ref=1237

Sign up with this referral link and I'll send 0.22 BTC. Send me a PM with a valid Bitcoin address after your account has been confirmed and I'll send you the Bitcoins.
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June 07, 2011, 10:00:23 AM

Account hacked

My account has been hacked and money has been send to a different Bitcoin address.

As I assume this affects not only me, since the "btc withdrawn" statistic has suddenly risen to over 800 from a mere 6XX - is this even possible (there are less than 700 participants)?

Any suggestions?
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June 07, 2011, 10:23:58 AM

yay!

seems like someone really screwed up the database and has been able to get quite some coins.

if you havent already, do not send any coins, most, if not all bcaINs have been changed too!

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June 07, 2011, 10:25:59 AM

The action is still ongoing - I've changed Bitcoin address and password - within minutes it was rechanged again
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June 07, 2011, 10:26:54 AM

Well spotted, guys!
Apparently the same thing happened to me - it was only 0.25 BTC, but still... Sad
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June 07, 2011, 10:29:06 AM

i've currently disabled withdraw, so we at least keep what's left,
at first glance it seems the attacker has been able to get ~100coins.

i'm trying to figure out what happened.

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June 07, 2011, 10:43:35 AM

My account was compromised... Cry

It can't have been a brute-force attack. My password couldn't have been brute-forced.

1NXYoJ5xU91Jp83XfVMHwwTUyZFK64BoAD
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June 07, 2011, 02:38:25 PM

I would assume that the mention of a database means that accounts were drained from the database itself, not through individual account passwords. (ie; the bitcoins you had sitting there and the bitcoins I had sitting there weren't actually in separate places)
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June 07, 2011, 05:23:12 PM

I would assume that the mention of a database means that accounts were drained from the database itself, not through individual account passwords. (ie; the bitcoins you had sitting there and the bitcoins I had sitting there weren't actually in separate places)

My password was changed, so it was more than just getting to the wallet.

1NXYoJ5xU91Jp83XfVMHwwTUyZFK64BoAD
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June 07, 2011, 08:52:46 PM

surprised there isn't more attention about this yet since it seems like half the forum had a randomizer account
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June 07, 2011, 11:39:12 PM

surprised there isn't more attention about this yet since it seems like half the forum had a randomizer account

Me too, but don't worry it keeps getting my attention at least.  Shocked

I hope this getting fixed soon...
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June 08, 2011, 04:05:51 AM

any word yet on what was compromised here?


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June 08, 2011, 12:18:36 PM

^up

Has BitLex already abandoned the project?

He has been active in the German subforum today but not a word on the Bitcoin Randomizer yet.

At least I won't let him get away that easy...
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June 08, 2011, 12:37:08 PM

any word yet on what was compromised here?
here's a few words:

the attacker  didn't get to the wallet,
he just screwed up the mysql-db.

he changed ALL bcaINs and bcaOUTs to 2 of his addresses,
1F18nxdq8eFEGqfzWcB42BWC8pCnfy3hvT
and
17NfYvChAVuU1ewq724uXWSxk9mxQfUyim

and he has been able to change passwords on some, but not all accounts,
that's how he was able to withdraw those accounts balances, although it seems he again used multiple different addresses than those 2 above.

i'm still trying to find and fill all the holes.


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June 08, 2011, 04:10:16 PM

Sad...

I was having fun with that!

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June 09, 2011, 12:26:59 AM

Guess I'm lucky then that I never got any random referrers.  Joined in at 322 I think just for the heck of it but never advertised the link anywhere.

Sorry to hear about the attack though.
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June 09, 2011, 02:02:37 PM

I am sorry to hear about the attack too. I hope Bitcoin Randomizer will survive!

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June 13, 2011, 06:31:38 AM

Any updates BitLex?
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June 13, 2011, 06:55:13 PM

Any updates BitLex?

+1


Will he get rid of the project this way  Huh

Certainly not  Grin
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June 16, 2011, 12:10:28 AM

Just to keep this up...

BitLex has been last active yesterday. I wonder why there is no statement regarding the Randomizer....
lemonginger
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June 16, 2011, 12:19:08 AM

yes would be nice. I only lost .25 coin I guess (plus the money I paid for that referral, plus the original dollar I put in) but that is danger of a known pyramid scheme. Would have been nice to get an apology at least though.
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June 17, 2011, 04:23:06 PM

I emailed BitLex and asked him about the status of this problem.  His response was, yes, he is trying to fix the problem but he's not a professional and was having trouble.  Being that he responded rather quickly, and politely, I believe him.

I still don't know when the service will be up and running again, though.

A Personal Quote on BTT from 2011:
"I'd be willing to make a moderate "investment" if the value of the BTC went below $2.00.  Otherwise I'll just have to live with my 5 BTC and be happy. :/"  ...sigh.  If only I knew.
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June 17, 2011, 05:00:36 PM

Just to keep this up...

BitLex has been last active yesterday. I wonder why there is no statement regarding the Randomizer....

Perhaps because it really is "just a stupid pyramid scheme" ... ?
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June 19, 2011, 11:56:27 AM

Soooo... when can we expect to have it up again? I have 3 unconfirmed referrals, they are probably just waiting to see when it's safe to send the coins.

I joined BTCGuild recently and like their security system very much. You can switch on a so called "Payout Lock" that informs you via e-mail when your wallet address is changed and makes transfers impossible for the next 24 hours. So checking once a day to see if the bcaOUT address is still mine should suffice.

Of course that only prevents CSRF attacks and the likes, if somebody hacks the database it's no good (except if you store those addresses in another file on the harddrive for checks).

1YetiaXeuRzX9QJoQNUW84oX2EiXnHgp3 or http://payb.tc/yeti

Since Bitcoin Randomizer is dead, join the Bitcoin Pyramid (referrer id #203)! Be quick, be on top! Instant payout as soon as one of your referrals deposits!
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June 19, 2011, 08:33:17 PM

Soooo... when can we expect to have it up again?

I would assume that this service will be up, eventually, but Bitlex also runs an auto bitcoin-to-lindens exchange.  According to his blog, Linden Labs has suspended his account.  I assume he's probably more focused on that problem because it's most likely more profitable.

I have 3 unconfirmed referrals, they are probably just waiting to see when it's safe to send the coins.
Ha, yeah... Since the sites been down, I've received 8 additional referrals... I'm getting a bit anxious too.

A Personal Quote on BTT from 2011:
"I'd be willing to make a moderate "investment" if the value of the BTC went below $2.00.  Otherwise I'll just have to live with my 5 BTC and be happy. :/"  ...sigh.  If only I knew.
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June 20, 2011, 09:53:40 AM

site never came back i guess everyone got ripped off.

Hi forum: 1DDpiEt36VTJsiJunyBc3XtG6CcSAnsQ4p
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June 20, 2011, 07:03:58 PM

Why past tense? It's still online. Let's give him some more time to sort this out.
After all, apparently even a company running the biggest exchange for the whole community and making a lot of money off of it cannot get security up in a matter of days...

1YetiaXeuRzX9QJoQNUW84oX2EiXnHgp3 or http://payb.tc/yeti

Since Bitcoin Randomizer is dead, join the Bitcoin Pyramid (referrer id #203)! Be quick, be on top! Instant payout as soon as one of your referrals deposits!
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June 20, 2011, 07:17:47 PM

Maybe someone could set up another one if Bitlex feels like sharing the code with someone who has the time and knowledge to run it (and to deal with security matters)?

A version with a lower buy-in wouldn't be too bad, for example.

Bitcoins: solid enough to build pyramids.
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June 22, 2011, 10:49:58 PM

Still waiting on more info about this.
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June 28, 2011, 01:47:10 PM

Me too... Angry

Seems like BitLex has no intention to do anything about the game...

Should we call this a scam?
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July 01, 2011, 12:44:34 AM

It's quite unfair to call something that got hacked a scam.  I think that word implies intent to mislead.  I don't really think that was the case here.  I think his site was attacked, then Gox was attacked, then everyone got really nervous about all things bitcoin, and this project is just not that important to him.
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July 01, 2011, 01:08:38 AM

It's quite unfair to call something that got hacked a scam.  I think that word implies intent to mislead.  I don't really think that was the case here.  I think his site was attacked, then Gox was attacked, then everyone got really nervous about all things bitcoin, and this project is just not that important to him.
Is there even any evidence of this supposed hacking, though? It could all be faked.

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July 01, 2011, 10:41:37 AM

It's quite unfair to call something that got hacked a scam.  I think that word implies intent to mislead.  I don't really think that was the case here.  I think his site was attacked, then Gox was attacked, then everyone got really nervous about all things bitcoin, and this project is just not that important to him.

When he started the project he made an obligation to the users. Just walking away from a project hundreds of people have invested in, without even a public statement or partial refund, is practically stealing. Being hacked is not an excuse, he had the responsibility to foresee and prevent it.

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July 03, 2011, 01:40:54 PM

Excellent point.  I wouldn't mind a refund of the .6 btc I am down on the project.  However, I was simply defending the allegation that bitex was intentionally defrauding or "scamming" the general public.  Sure, he has an obligation to contact us and let us know his intent for working this out.  But that's entirely different from a scam... just sayin'
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July 04, 2011, 09:33:27 PM

An apology and an explanation would be the correct course of action.

This should tarnish his reputation, not be forgotten. Harsh but Fair.

Stan?! STAN?!?!
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July 05, 2011, 07:31:00 AM

Any news? The site still says it's "under attack".

I have 4 pending at lvl1 and 1 pending at lvl3, I want to get them, haha.

Seriously though: please tell us what's going on.

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July 05, 2011, 08:10:27 AM

This thing is nothing new. Quite a few years a go there were many of these sites using cash (obviously) and it worked the same way. The only time you generate a lot of payments is when it is small. The only person who makes a ton with this is the admin. They get a payment every time. If you guys feel like throwing away your bitcoins feel free to throw some my way  Wink

1HUy7T9SyNLTJCVX3p8KzftApYdWgcsRqD
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July 05, 2011, 08:19:37 AM

I didn't lose coins, actually IIRC I spent 1 and I got 1.25, much unlike Bitcoin Toss by Alex Beckenham, that did prove to be a disgusting scam.

So no anger here, I'm just eager to continue the experiment.

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July 12, 2011, 08:47:16 AM

so what the heck is going on? bitlex? statement?

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July 14, 2011, 04:26:43 PM

I didn't lose coins, actually IIRC I spent 1 and I got 1.25, much unlike Bitcoin Toss by Alex Beckenham, that did prove to be a disgusting scam.

So no anger here, I'm just eager to continue the experiment.
Same here.  I was just this close to breaking even.  I also have several pending (some of which would not commit to the 1BTC)  but I am interested in watching it continue just for kicks.  I don't really anticipate retiring on this plan or anything
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July 17, 2011, 01:57:49 PM

His last post is one months old. Probably he made off with all our precious coins never having to work again.  Grin

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July 17, 2011, 02:19:35 PM

Still would like this to come back to life. I think many would be interested in a more detailed report of what happened, or at least some sign that this thread is being read by BitLex.

(And no, I'm not going to spam my referral link for the new pyramid. You have to look in my signature for that...  Grin)

Bitcoins: solid enough to build pyramids.
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July 18, 2011, 08:45:24 PM

this one is trying to fill its shoes

I miss the advertising link option though.  BTC bubble was fun while it lasted too.


http://bitcoinpyramid.com/r/169

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July 18, 2011, 09:27:51 PM

yeah strange that BitLex up and disappeared. s/he was really trustworthy on SL and elsewhere.....
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July 19, 2011, 09:59:21 PM

He was last active  on July 13, 2011, 07:03:24 am, perhaps he is just on vacation and wil respond once he is back or has resolved it.

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