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onewiseguy
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January 10, 2015, 09:20:29 PM |
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IF anyone wants to run their own version of this "game" message me and I can deliver the site for you.
Thanks
Why not just run it for yourself? Not that I mean to offend or doubt that you can deliver. It's just out of curiosity. Because it's illegal in many countries, I also would like to run one such website, seeing the money that can be made, but I prefer to sleep in my bed at night, not in jail... http://en.wikipedia.org/wiki/Pyramid_schemeA bona fide currency functions as a medium of exchange, a store of value, and a unit of account, but bitcoin largely fails to satisfy these criteria. Bitcoin has achieved only scant consumer transaction volume, with an average well below one daily transaction for the few merchants who accept it. Its volatility is greatly higher than the volatilities of widely used currencies, imposing large short-term risk upon users. Bitcoin's daily exchange rates exhibit virtually zero correlation with widely used currencies and with gold, making bitcoin useless for risk management and exceedingly difficult for its owners to hedge. Bitcoin prices of consumer goods require many decimal places with leading zeros, which is disconcerting to retail market participants. Bitcoin faces daily hacking and theft risks, lacks access to a banking system with deposit insurance, and it is not used to denominate consumer credit or loan contracts. Bitcoin appears to behave more like a speculative investment than a currency. at the moment its investing sea shells. the site is not dealing with fiat at all so technically its not illegal. |
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onewiseguy
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January 10, 2015, 09:25:07 PM |
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IF anyone wants to run their own version of this "game" message me and I can deliver the site for you.
Thanks
Why not just run it for yourself? Not that I mean to offend or doubt that you can deliver. It's just out of curiosity. Because it's illegal in many countries, I also would like to run one such website, seeing the money that can be made, but I prefer to sleep in my bed at night, not in jail... http://en.wikipedia.org/wiki/Pyramid_schemeA bona fide currency functions as a medium of exchange, a store of value, and a unit of account, but bitcoin largely fails to satisfy these criteria. Bitcoin has achieved only scant consumer transaction volume, with an average well below one daily transaction for the few merchants who accept it. Its volatility is greatly higher than the volatilities of widely used currencies, imposing large short-term risk upon users. Bitcoin's daily exchange rates exhibit virtually zero correlation with widely used currencies and with gold, making bitcoin useless for risk management and exceedingly difficult for its owners to hedge. Bitcoin prices of consumer goods require many decimal places with leading zeros, which is disconcerting to retail market participants. Bitcoin faces daily hacking and theft risks, lacks access to a banking system with deposit insurance, and it is not used to denominate consumer credit or loan contracts. Bitcoin appears to behave more like a speculative investment than a currency. at the moment its investing sea shells. the site is not dealing with fiat at all so technically its not illegal. But the owner will convert his btc in fiat eventually, there is your $$... How do you know? the thing is it states in the domain its a ponzi. so if any one ends up crying would not really understand why. |
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lolikop
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January 10, 2015, 09:34:54 PM |
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can we keep this ontopic if u want to discuss legal or illegal create a new topic pls
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Wanyika
Newbie
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Activity: 10
Merit: 0
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January 10, 2015, 09:39:25 PM |
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Illegal and legal, ponzi or no ponzi, pyramid scheme or no pyramid scheme . . . . How can you say you are robbed if you give your money to a thief!!! We all know what this is!! We deposit money and are hoping other will deposit enough so we will be payed back. He is transparent and the site is very clear with the way it works. The only thing i don't like is that my third deposit did not showed op in the list, but some "investor" his "investment" was payed!! PM was send, and now i'm waiting for the respons. For the rest, i really like this site and the way it is working, and he is getting nice fees.  |
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Nordark
Newbie
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Activity: 9
Merit: 0
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January 10, 2015, 09:44:44 PM |
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Im pretty sure the automated payout system stopped/broke while he is asleep. |
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onewiseguy
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January 10, 2015, 09:44:54 PM |
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IF anyone wants to run their own version of this "game" message me and I can deliver the site for you.
Thanks
Why not just run it for yourself? Not that I mean to offend or doubt that you can deliver. It's just out of curiosity. Because it's illegal in many countries, I also would like to run one such website, seeing the money that can be made, but I prefer to sleep in my bed at night, not in jail... http://en.wikipedia.org/wiki/Pyramid_schemeA bona fide currency functions as a medium of exchange, a store of value, and a unit of account, but bitcoin largely fails to satisfy these criteria. Bitcoin has achieved only scant consumer transaction volume, with an average well below one daily transaction for the few merchants who accept it. Its volatility is greatly higher than the volatilities of widely used currencies, imposing large short-term risk upon users. Bitcoin's daily exchange rates exhibit virtually zero correlation with widely used currencies and with gold, making bitcoin useless for risk management and exceedingly difficult for its owners to hedge. Bitcoin prices of consumer goods require many decimal places with leading zeros, which is disconcerting to retail market participants. Bitcoin faces daily hacking and theft risks, lacks access to a banking system with deposit insurance, and it is not used to denominate consumer credit or loan contracts. Bitcoin appears to behave more like a speculative investment than a currency. at the moment its investing sea shells. the site is not dealing with fiat at all so technically its not illegal. But the owner will convert his btc in fiat eventually, there is your $$... How do you know? the thing is it states in the domain its a ponzi. so if any one ends up crying would not really understand why. I don't, I'm just assuming that if you run some sort of business you want to get money in the end, not just sea shells... And OP could be in a country where Ponzi aren't illegal anyway, I'm not saying that what OP does is illegal, I've just said that people, me included, may not want to take the risk to run this kind of pyramid scheme. If I did, I certainly would convert my btc in fiat at some point... no I understand what you are saying was just point out the site is working with cryptocurrency not fiat. |
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uncaer9
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January 10, 2015, 09:49:34 PM |
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Your turn will come and it is what matters. I already got 4 repayement and have a few in the queue. Still more than 5 days to go mate. |
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tom14cat14
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January 10, 2015, 09:54:02 PM |
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Your turn will come and it is what matters. I already got 4 repayement and have a few in the queue. Still more than 5 days to go mate. There is a problem with not all tx id's showing up in the list. My guess is he will fix this once he is on. Looking at his activity he should be on in 1 or 2 hours. |
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xwtfbobx
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January 10, 2015, 09:58:24 PM |
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i have been checking diligently, they appear to be clearing slowly but surely, the 1btc deposits take the longest (saw it struggle to get past one for almost an hour) but then the next 2 were faster as the payouts were deposited back almost immediately. it is what it is though. my first deposit of the day is about 33 pages up from the last paid, 9 hours it has moved from 45 pages up. so there is movement, just takes a while clearing those big btc hurdles when the deposits are slim. |
tip the bit to me: 1HZP4RD2CQgMRWTjdLfws7ukTmKxiLQv3q Scrypt.cc Check it out! |
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kashish948
Legendary
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Activity: 1596
Merit: 1000
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January 10, 2015, 09:59:01 PM |
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wow i might invest a little next round.....didnt expect this to go this big.
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IronMarvel
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January 10, 2015, 10:01:21 PM |
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i have been checking diligently, they appear to be clearing slowly but surely, the 1btc deposits take the longest (saw it struggle to get past one for almost an hour) but then the next 2 were faster as the payouts were deposited back almost immediately. it is what it is though. my first deposit of the day is about 33 pages up from the last paid, 9 hours it has moved from 45 pages up. so there is movement, just takes a while clearing those big btc hurdles when the deposits are slim. The game is still hot. At least for another 24 hours I think. People that invest after that take a big risk. |
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Anonymoose33
Newbie
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Activity: 34
Merit: 0
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January 10, 2015, 10:10:54 PM
Last edit: May 20, 2015, 09:41:42 PM by Anonymoose33 |
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[Post removed by user]
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optiman
Newbie
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Activity: 56
Merit: 0
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January 10, 2015, 10:16:39 PM |
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there is still 5 days to go so im thinking at least another 2000 deposits, this will last a couple more days safely for everybody
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lolikop
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January 10, 2015, 10:17:38 PM |
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anyone who still want to earn that 130% return now is the time ur deposit will be qeued list isnt that bigg
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rfcdejong
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January 10, 2015, 10:18:26 PM |
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i'm feeling safe, wish i did deposit alot more yesterday.
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a447513372
Sr. Member
Offline
Activity: 336
Merit: 250
DLISK - Next Generation Coin
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January 10, 2015, 10:18:57 PM |
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anyone who still want to earn that 130% return now is the time ur deposit will be qeued list isnt that bigg
Where is the qeued list? Edit: nevermind lol |
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optiman
Newbie
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Activity: 56
Merit: 0
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January 10, 2015, 10:20:02 PM |
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anyone who still want to earn that 130% return now is the time ur deposit will be qeued list isnt that bigg
Where is the qeued list? |
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a447513372
Sr. Member
Offline
Activity: 336
Merit: 250
DLISK - Next Generation Coin
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January 10, 2015, 10:20:42 PM |
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anyone who still want to earn that 130% return now is the time ur deposit will be qeued list isnt that bigg
Where is the qeued list? I know lol, I thought there was some other list. I didn't realize it was keeping track in the right column |
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