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Warning: You are in the Gambling section. You are likely to eventually lose any money that you gamble/"invest". Additionally, moderators do not remove likely scams. You must use your own brain: caveat emptor. Do not gamble more than you can afford to lose.

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Author Topic: ChainProfit.com - 27+ BTC Paid | 140% Return | Running over four months now  (Read 27723 times)
CrazyJoker
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January 15, 2015, 10:03:06 PM
 #1

ChainProfit.com has long been defunct. DO NOT INVEST ANYTHING.

What Happened: The game was literally hacked, since System, the ID of mine, suddenly started investing. It was indeed my fault to change the System password to an easy string, which led the brute-forcer to break into System. I was not around and hence it took some time to take care of the situation. Anyone deposited on or after 2015-11-20 will be refunded their deposits.

To Attackers: I know what you did. System had balance and you used it to cover your deposits. If you appeal in a decent way, I'll still refund your deposit. Dont try to blackmail me with negative trust threat etc. to give you your unjustified winnings. Those will not work with me. GooD Luck.

What to do Now: Please post Tx ID of deposits on or after 2015-11-20, amount of deposit in BTC and withdrawal addresses that you provided in ChainProfit.com.

Do I need to worry: Innocent depositors DO NOT need to worry at all. Every single Satoshi you deposited when the game was running unfairly will be refunded to you.

As part of the refund process, I have listed out the Username, Refund Address and Amount below...

DarkStar - 36ZGX2Ko7fufBJgTYjLnQxiKGNnaHm7S3Q - BTC 0.0011
Ms199510 - 1rpjQ6ekwViYkno3A6yVWw58SoLvpwPVd - BTC 0.00560667
nukepak - 1A5amDQKWpjGhy3k4KLSVLss8tJopBwrbm - BTC 0.00625
Demual - 32yZbHa9ernWr1P29qBMbvgVnuZgLXNCBC - BTC 0.001
weaux - 1F9RhEcBTR92HGHjW75LwkgVU6SHkeyhE6 - BTC 0.015

If anyone is missing in the list or the amount is lower than what you sent on or after 2015-11-20, then please let me know by 2015-12-20. Refund will be sent on 2015-12-21 by 6pm GMT. So, please co-operate to complete the refund process in proper systematic way.

Refund was sent yesterday. I forgot to post here...

https://blockchain.info/tx/e73dd46da3922a0e1da79d45d2ea17d7d920091c563735928df740510acd46cc


The wait is Over. Most interesting Strategy based Social Gambling Game has been launched on Bitcointalk. 100+ players have already registered

ChainProfit.com
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How it Works:-

i. Players deposit the amount they want to play with to the site wallet. Hence there is no restriction for online wallets.

ii. Players invest an amount from their site balance. Each investment has 120 hours of lifetime. After this duration an investment expires.

iii. Bank Roll increases with new investment, decreases with each payment and remains same for expiration. If Bank Roll covers 140% of the oldest pending investment before it expires, then it will be paid.

iv. If you keep the box checked in your Withdrawal page, your Current Balance will be withdrawn to your bitcoin address in next Monday's payment cycle by 5pm GMT. Minimum balance to withdraw is BTC 0.0005.

Feel free to ask any question if you may have...


Earn Referral Commission:-

Once you sign up, you will find the referral link on your dashboard. You may use any of the following signatures to earn from referrals. Just replace the direct links with your own referral...

Code for Jr. Member


Code:
[center]►[url=http://www.ChainProfit.com]Are you a Gambler ? Do you love Strategy Games ?
Then you should not miss ChainProfit.com[/url]◄[/center]

Code for Member


Code:
[center]
► [url=http://www.ChainProfit.com]Are you a Gambler ? Do you love Strategy Games ? Then you should not miss ChainProfit.com
Each investment gets 120 hour for 140% return. 50% strategy & 50% luck.[/url] ◄
[/center]

Code for Full Member


Code:
[center]
► [b][url=www.ChainProfit.com][color=blue]Are you a Gambler ?[/color] [color=red]Do you love Strategy Games ?[/color] [color=green]Then you should not miss ChainProfit.com[/color]
[color=limegreen]Each investment gets 120 hour for 140% return.[/color] [color=purple]50% strategy & 50% luck.[/color][/url][/b] ◄
[/center]

Code for Sr. Member & Above


Code:
[center][table][tr]
[td][url=http://www.ChainProfit.com][size=22pt][b][i][color=red]Chain[/color][color=blue]Profit[/color][/i][/b][/size][b][i][color=black].com[/color][/url][/td]
[td][size=20pt][color=#B3E3FF]//[/color][/size][/td]
[td][size=4pt].[/size]
[url=http://www.ChainProfit.com][size=8pt][b][color=black]Are you a Gambler ? Do you love Strategy Games ? Then you should not miss this.[/color][/b][/size][/url]
[url=http://www.ChainProfit.com][size=8pt][i][b][color=limegreen]Each investment gets 120 hour for 140% return.[/color] [color=green]50% strategy & 50% luck.[/color][/b][/i][/size][/url]
[/td][/tr][/table][/center]

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FanEagle
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January 15, 2015, 10:38:18 PM
 #2

You can't. Ponzi's are not provably fair.

RGBKey
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January 15, 2015, 10:43:11 PM
 #3

You cannot make ponzis provably fair because there is nothing to make fair. There are no odds, there's only hoping you get your money back plus some and that the owner doesn't steal it. You can't make when someone is going to steal your money provably fair.

Sona
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January 15, 2015, 11:11:54 PM
 #4

operator leaves anytime is not provably fair lol.
rammy2k2
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January 15, 2015, 11:31:37 PM
 #5

so u're asking with other words, how can we know when scammer will run ? u cant ...this is not gambling ... its stupidity ...
Syndra
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January 15, 2015, 11:41:12 PM
 #6

I never understand why people make ponzis in the 1st place though, esp the recent big one like cryptodouble or whatever.

Right after that, I saw like 4 or 5 more dumb ones.
CrazyJoker
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January 16, 2015, 12:35:25 AM
 #7

You can't. Ponzi's are not provably fair.

Ponzis are fraudulent investment scheme. Ponzi games are just gambling.

You cannot make ponzis provably fair because there is nothing to make fair. There are no odds, there's only hoping you get your money back plus some and that the owner doesn't steal it. You can't make when someone is going to steal your money provably fair.

The odd in dice sites are provided by a computer function. The odd in a Ponzi Game is in real life, whether someone will invest after you or not.

Operator may run away with your fund in any bitcoin business. It has happened for exchanges. It has happened for gambling. I dont understand why people are categorizing Ponzi games by default as a scam. Dice.ninja ran away with public fund, but does it mean that it was not provably fair ?

operator leaves anytime is not provably fair lol.

That is scam and that risk is present in all gambling sites as well, especially those are taking investment in bank roll.

so u're asking with other words, how can we know when scammer will run ? u cant ...this is not gambling ... its stupidity ...

No ! I am asking when the next person will invest to cover your return. Scammer is a scammer everywhere. Say it ponzi game, dice site or a bitcoin exchange.

I never understand why people make ponzis in the 1st place though, esp the recent big one like cryptodouble or whatever.

Right after that, I saw like 4 or 5 more dumb ones.

So, according to you, people should have stopped trading on real time exchanges because Mt.Gox scammed ?

► Wondering if I am trusted ? Read: https://bitcointalk.org/index.php?topic=1060467.0
thriftshopping
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January 16, 2015, 12:49:54 AM
 #8

You cannot. The operator could easily invest their own money into the ponzi from various addresses, knowing that they would have the money returned to them even if they have to payout to other investors. If they do not receive enough money then they simply run away with their own money plus the money of their other investors.
joksim299
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January 16, 2015, 01:01:54 AM
 #9

You cant make provably fair unfair site.

CrazyJoker
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January 16, 2015, 01:08:33 AM
 #10

You cannot. The operator could easily invest their own money into the ponzi from various addresses, knowing that they would have the money returned to them even if they have to payout to other investors. If they do not receive enough money then they simply run away with their own money plus the money of their other investors.

Dont you think that the same probability exists for a dice site as well that accepts invetment in bank roll ? If players win against their odds, they can also run away with all the investments. They can play in their own website knowing the seed. In fact, Dicebitco.in did the same. In Ponzi game, there is no seed. The probaility is 100% real - "Whether there will be a next investor or not". So, how can it not be provably fair ?

You cant make provably fair unfair site.

Please explain...

► Wondering if I am trusted ? Read: https://bitcointalk.org/index.php?topic=1060467.0
thriftshopping
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January 16, 2015, 01:13:19 AM
 #11

You cannot. The operator could easily invest their own money into the ponzi from various addresses, knowing that they would have the money returned to them even if they have to payout to other investors. If they do not receive enough money then they simply run away with their own money plus the money of their other investors.

Dont you think that the same probability exists for a dice site as well that accepts invetment in bank roll ? If players win against their odds, they can also run away with all the investments. They can play in their own website knowing the seed. In fact, Dicebitco.in did the same. In Ponzi game, there is no seed. The probaility is 100% real - "Whether there will be a next investor or not". So, how can it not be provably fair ?
You need to have a very highly trusted person to be running a casino to invest in their bankroll. The vast majority of the time it will not be a good idea.

You are exactly right that there is no seed in a ponzi game so it would be that much easier to cheat.

The point is that after a ponzi starts to payout enough then people then it will attract an ever increasing amount of money which is not the case with casinos. The ever increasing amount of money will cause the operators to have a greater chance of running away
pandacoin
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January 16, 2015, 01:39:53 AM
 #12

You can't. Ponzi's are not provably fair.

I was thinking to write exactly the same thing when I saw title.
koshgel
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January 16, 2015, 01:40:06 AM
 #13

You cannot. The operator could easily invest their own money into the ponzi from various addresses, knowing that they would have the money returned to them even if they have to payout to other investors. If they do not receive enough money then they simply run away with their own money plus the money of their other investors.

Dont you think that the same probability exists for a dice site as well that accepts invetment in bank roll ? If players win against their odds, they can also run away with all the investments. They can play in their own website knowing the seed. In fact, Dicebitco.in did the same. In Ponzi game, there is no seed. The probaility is 100% real - "Whether there will be a next investor or not". So, how can it not be provably fair ?

You cant make provably fair unfair site.

Please explain...

Ponzis won't qualify as being provably fair

http://bitcoin-casino-guide.com/provably-fair-gambling/
innocent93
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January 16, 2015, 04:25:49 AM
 #14

In Ponzi, some people would win a lot and some would lose all invested money and that was determined largely by the time you invest, earlier or later, obviously it not provably fair.

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sgk
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January 16, 2015, 04:57:41 AM
 #15

Ponzi Games are getting interesting, but as well as it is getting risky. Operators are keeping things hazy to the investors. As a coder I am preparing to launch a provably fair ponzi game. Would like to know what are the points people are suggesting to cover so that we can minimize the risk as well as make it provably fair and interesting.

Ideas are welcome. Please make this discussion constructive...



I think you should ensure the last person to invest gets his investment back if there are no further deposits.
Most people are afraid to invest after deposits are stagnant for a while, with the fear of being the last one and losing the coins.

Moreover you should arrange for an escrow who holds 'payback' money in case the ponzi fails to deliver on its promises.
tom14cat14
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January 16, 2015, 05:00:41 AM
 #16

I personally thing they can be "fair" as long as the operator doesn’t run away with the money and he does exactly as his rules state. I play Poker and I take other people’s money all the time. The house takes their portion via the rake and the rest is taking from the other player. So as long as it is clearly stated what will happen I am ok with it. It is just a different sort of gambling. Just like Black jack, roulette, craps, poker, they all have different rules. So as long as they follow the rules they set forth and pay those who should be paid then it is “fair” to me. The weekly ponzi guy had 100 BTC in his wallet because of an API issue. He fixed it and then paid out. That is pretty fair to me. Yes a lot of people will lose. But that is also what happens at a casino. Some games take from the house and others take from other players.
dyask
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January 16, 2015, 08:01:51 AM
 #17

so u're asking with other words, how can we know when scammer will run ? u cant ...this is not gambling ... its stupidity ...

Sure it is gambling, you are gambling on the site behaving fairly.   I think odds can be calculated, but the calculations are very complex and well beyond simple math.     

Anyway, any gambling site can be "hacked" at any moment.   Many have especially in the altcoin world.   Can you be sure none of those weren't the same, that is the operator just ran off with the money?
myohmy81
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January 16, 2015, 08:07:33 AM
 #18

all ponz is scam

they will run with your btc Grin

thompete
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January 16, 2015, 08:16:04 AM
 #19

Ponzi Games are getting interesting, but as well as it is getting risky. Operators are keeping things hazy to the investors. As a coder I am preparing to launch a provably fair ponzi game. Would like to know what are the points people are suggesting to cover so that we can minimize the risk as well as make it provably fair and interesting.

Ideas are welcome. Please make this discussion constructive...



I think having a blockchain already makes it provably fair.

dyask
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January 16, 2015, 08:20:30 AM
 #20

You cannot. The operator could easily invest their own money into the ponzi from various addresses, knowing that they would have the money returned to them even if they have to payout to other investors. If they do not receive enough money then they simply run away with their own money plus the money of their other investors.

Dont you think that the same probability exists for a dice site as well that accepts invetment in bank roll ? If players win against their odds, they can also run away with all the investments. They can play in their own website knowing the seed. In fact, Dicebitco.in did the same. In Ponzi game, there is no seed. The probaility is 100% real - "Whether there will be a next investor or not". So, how can it not be provably fair ?

You cant make provably fair unfair site.

Please explain...

Ponzis won't qualify as being provably fair

http://bitcoin-casino-guide.com/provably-fair-gambling/

Provably fair also doesn't mean you can't be cheated.   
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