coa032
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January 07, 2015, 12:04:55 PM |
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Why would they shut down? They have enough bitcoins and everything to cover "investments" that was deposited 3-4 days ago...and those who already have doubled money, will probably invest again because of greed. This shit can probably work for at least month.
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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Dilemma
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January 07, 2015, 12:07:48 PM |
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I was wanting to invest around 150 Doge in this site, should I do it? that's not that much doge so even if I lose it, it's not like I lost 500k doge or something. I know this may be a ponzi, but just wanted to check it out, a couple of my crypto-friends has done this and has luck with it.
It's definitely a ponzi. The question is if it will collapse before your payout or not. Very risky game. 150 doge is not that much, but don't 'invest' more than this. i think this system cant live 4 more days but 150 doge is very small prize so if u want, u can try for fun but as i said, it has high risk Yeah The reason why I am only doing 150 Doge is even if it collapses before it pays out, that's like, 5000 satoshi's so it's not that much. Thank you for your advice though! no problem and good luck to you i sent 7000 doge and take 14.000 doge from there but its enough for me
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james.lent
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January 07, 2015, 12:21:13 PM |
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Why would they shut down? They have enough bitcoins and everything to cover "investments" that was deposited 3-4 days ago...and those who already have doubled money, will probably invest again because of greed. This shit can probably work for at least month.
maybe longer, since everyone seems to be reinvesting back their profits ... well almost everyone..
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ninjaboon
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Activity: 2114
Merit: 1002
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January 07, 2015, 12:27:01 PM |
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does that mean OP has over 23xx bitcoins deposited into their program? it's crazy.
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bd04
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January 07, 2015, 12:31:12 PM |
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well I'm still receiving my payouts and reinvesting the profits
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zoata87
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Merit: 1001
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January 07, 2015, 01:38:51 PM |
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i think this will survive a few weeks from now, people "investing" hard there so the cycle should run a few weeks* *if its no scam
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hrm
Newbie
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January 07, 2015, 03:05:56 PM |
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It's definitely a ponzi. The question is if it will collapse before your payout or not. Very risky game. 150 doge is not that much, but don't 'invest' more than this.
i think this system cant live 4 more days but 150 doge is very small prize so if u want, u can try for fun but as i said, it has high risk If they are usig that 18k BTC stolen from Bitstamp, they can live few weeks or so. So, they will making even more money.
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hendracaw
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January 07, 2015, 03:38:34 PM |
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i just try yesterday, i hope not scam before i get the PO....
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David Latapie
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January 07, 2015, 04:01:56 PM Last edit: January 09, 2015, 08:37:25 PM by David Latapie |
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My pet conspiracy theory: cryptodouble to pump BTC So far, people are only sending petty money. A hypothesis is that: what they want is for people to not only invest more money, but end up being so euphoric they also invest cash to buy more bitcoin (and double them), thus skyrocketing the price of Bitcoin, which is rather low at the moment. Kind of "anniversay pump" - last BTC pump was a bit more than one year ago. And then, they would strike. I have no idea how plausible this is but at least if this is their idea, that would be less boring than a mere ponzi. Because frankly, who cares for alt (except Monero, of course )? BTC is the real deal. Update: I've been asked "Then why are they accepting altcoins too? They want to pump every cryptocurrency?". My answer is: "To build trust. People in the alt scene have less money, so they can start from lower, which means they can last longer and thus grow more confidence." If you hesitated to invest and now with tthis theory you feel confident enough to try your luck, please show your gratitude by using my referral: http://cryptodouble.com/?ref=fzKm8 Thanks!
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david1365
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Activity: 994
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January 07, 2015, 04:07:21 PM |
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My pet conspiracy theory: cryptodouble to pump BTC
So far, people are only sending petty money. A hypothesis is that what they want it to people not only to invest more money, but to invest that much money that people will start buying bitcoin with fiat, thus skyrocketing the price of Bitcoin, which is rather low at the moment. Kind of "anniversay pump" - last BTC pump was a bit more than one year ago. And they, they will strike
I have no idea how plausible this is but at least if this is their idea, that would be less boring than a mere ponzi.
Because frankly, who cares for alt? BTC is the real deal.
Good idea, at least better than a pnzi scheme
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hrm
Newbie
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Activity: 5
Merit: 0
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January 07, 2015, 04:08:41 PM |
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My pet conspiracy theory: cryptodouble to pump BTC
Then why are they accepting altcoins too? They want to pump every cryptocurrency?
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bennynjetz
Member
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Activity: 66
Merit: 10
Mining til I puke
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January 07, 2015, 04:09:33 PM |
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My pet conspiracy theory: cryptodouble to pump BTC
So far, people are only sending petty money. A hypothesis is that what they want it to people not only to invest more money, but to invest that much money that people will start buying bitcoin with fiat, thus skyrocketing the price of Bitcoin, which is rather low at the moment. Kind of "anniversay pump" - last BTC pump was a bit more than one year ago. And they, they will strike
I have no idea how plausible this is but at least if this is their idea, that would be less boring than a mere ponzi.
Because frankly, who cares for alt? BTC is the real deal.
That's quite interesting - and very plausible
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Donations: 1NhxuKCckuHcFeZ8ZgpjYxmH7GRJfpBqQC
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david1365
Legendary
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Merit: 1000
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January 07, 2015, 04:28:02 PM |
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My pet conspiracy theory: cryptodouble to pump BTC
Then why are they accepting altcoins too? They want to pump every cryptocurrency? Probably, just imagine... first of all, each user in order to invest in altcoins, will start buying bitcoin with fiat, then will start buying altcoins with bitcoin, so what will happen? that's simple skyrocketing the price of BTC and other altcoins.
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David Latapie
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January 07, 2015, 04:30:16 PM |
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My pet conspiracy theory: cryptodouble to pump BTC
Then why are they accepting altcoins too? They want to pump every cryptocurrency? To build trust. People in the alt scene have less money, so they can start from lower, which means they can last longer and thus grow more confidence.
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hrm
Newbie
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January 07, 2015, 05:05:56 PM |
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How did you get this address?
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Hope78
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January 07, 2015, 05:29:18 PM |
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I've invested some Dogecoins, I'll let you know what happens. If things works, i'll try with small amounts of btc.
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borntorun
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January 07, 2015, 05:36:35 PM |
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I've invested some Dogecoins, I'll let you know what happens. If things works, i'll try with small amounts of btc.
Do it if you are ready to lose them at any moment.
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David Latapie
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January 07, 2015, 05:37:33 PM |
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I've invested some Dogecoins, I'll let you know what happens. If things works, i'll try with small amounts of btc. See? Fits my theory perfectly. People start with alts and if it works will go for BTC. Surely a lot of people won't go as far as injecting fiat, but some will and I suppose that enough people will lose mind. Of course people will get burnt big time and this will call for even more regulation. In the end, this is bad for the libertarian aspect of bitcoin (but could be good in an ironic way by creating more confidence and adoption since bitcoin would be regulated even more).
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tmfp
Legendary
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"Common rogue from Russia with a bare ass."
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January 07, 2015, 05:44:11 PM |
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My pet conspiracy theory: cryptodouble to pump BTC
Then why are they accepting altcoins too? They want to pump every cryptocurrency? To build trust. People in the alt scene have less money, so they can start from lower, which means they can last longer and thus grow more confidence. Ah, they have competition there, and four hours quicker too lol. https://bitcointalk.org/index.php?topic=917017.0Normally I wouldn't dream of linking crap like this, but seeing as the whole situation is ridiculous, I'll make an exception. Talk of doubling makes me think of fedor3327. All of you X2 fans might want to read this thread of his https://bitcointalk.org/index.php?topic=658125.0
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Extraordinary Claims require Extraordinary Evidence
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