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Author Topic: Why do ponzi games here end so quickly?  (Read 951 times)
Bizmark13 (OP)
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January 27, 2015, 08:17:23 PM
Last edit: January 28, 2015, 09:15:46 AM by Bizmark13
 #1

After losing 0.02 BTC to ponzi games and reading some of the threads here, it seems that the ponzi games here end extremely quickly. A game that is designed to last a week such as WeeklyPonzi.com might only really last for an hour or so. It is common for those who deposited only a couple of hours after a game has started to not see any return at all. A game that is designed to last for 24 hours might only see those who deposited within the first 10-20 minutes make a profit.

Normal ponzi schemes aren't like this at all. They typically go on for days, weeks, and sometimes even years. Bernie Madoff's ponzi scheme lasted for almost two decades.

EDIT: Cryptory and pirateat40 were other ponzi schemes that lasted for several months/years.
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January 27, 2015, 08:24:25 PM
 #2

I suppose the scammers don't want to wait for 2 years any more. Life is too short  Grin
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January 27, 2015, 08:26:31 PM
 #3

After losing 0.02 BTC to ponzi games and reading some of the threads here, it seems that the ponzi games here end extremely quickly. A game that is designed to last a week such as WeeklyPonzi.com might only really last for an hour or so. It is common for those who deposited only a couple of hours after a game has started can to not see any return at all. A game that is designed to last for 24 hours might only see those who deposited within the first 10-20 minutes see a profit.

Normal ponzi schemes aren't like this at all. They typically go on for days, weeks, and sometimes even years. Bernie Madoff's ponzi scheme lasted for almost two decades.

They need quick small money to gamble, just my opinion.
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January 27, 2015, 08:27:39 PM
 #4

Because your 0.02BTC was the game. Once the scammer has some money there is little incentive to do anything except go shopping. In a real ponzi you are paying out initial "investors". But why even do that?

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January 27, 2015, 08:30:47 PM
 #5

Well, the victims of Madoff didn't know that they were part of a ponzi. It's much easier to string people along with long-term investments. No blockchain to monitor transactions either.

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January 27, 2015, 08:32:16 PM
 #6

After losing 0.02 BTC to ponzi games and reading some of the threads here, it seems that the ponzi games here end extremely quickly. A game that is designed to last a week such as WeeklyPonzi.com might only really last for an hour or so. It is common for those who deposited only a couple of hours after a game has started can to not see any return at all. A game that is designed to last for 24 hours might only see those who deposited within the first 10-20 minutes see a profit.

Normal ponzi schemes aren't like this at all. They typically go on for days, weeks, and sometimes even years. Bernie Madoff's ponzi scheme lasted for almost two decades.

And you must have marked that there were only first 4 of all the investors in 24hourponzi.com that got paid today... Seems that this ain't just about the investment, it's also about the interest and trust of a person to either invest in ponzi and risk or just sit back and watch... I ain't encouraging you at any point to put your money in any of them, it was just an opinion...

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January 27, 2015, 08:34:57 PM
 #7

Because your 0.02BTC was the game. Once the scammer has some money there is little incentive to do anything except go shopping. In a real ponzi you are paying out initial "investors". But why even do that?

Yeah I second that. Most of the time I have the feeling they are unemployed kids seeking some funds online to buy the next call of duty game for free!  Cool
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January 27, 2015, 08:35:30 PM
 #8

Normal ponzi schemes aren't like this at all. They typically go on for days, weeks, and sometimes even years. Bernie Madoff's ponzi scheme lasted for almost two decades.

Yeah, that's what we need, proper Ponzi schemes that steal millions, not these crappy cheap copies.

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January 27, 2015, 08:42:56 PM
 #9

the people that have created ponzis here recently are small minded and non creative. theyve not figured out how to get players to invest so once they make a small amount they just run off. its so easy to make a new account here and do the same thing over and over. and honestly theres not really any consequences when they do so

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January 27, 2015, 08:48:28 PM
 #10

Normal ponzi schemes aren't like this at all. They typically go on for days, weeks, and sometimes even years. Bernie Madoff's ponzi scheme lasted for almost two decades.

Yeah, that's what we need, proper Ponzi schemes that steal millions, not these crappy cheap copies.

 Cry

In fact, so many fools out there throw away their money to thief.

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January 27, 2015, 09:07:03 PM
 #11

more threads like this will prevent people from investing  Grin

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January 27, 2015, 11:18:35 PM
 #12

People are generally aware of what happens with ponzis, and don't want to risk it.

Also, there are many ponzis who just run away with any bitcent they find, as soon as possible, they don't even try hard to trick people, so yeah... There you have it Cheesy
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January 27, 2015, 11:59:40 PM
 #13

simple answer, everyone knows they get burned lol.

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January 28, 2015, 12:32:47 AM
 #14

you should talk a look at the recent huge one that got away with more then 100 btc, called cryptodouble.
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January 28, 2015, 01:17:21 AM
 #15

As you have noted, the sooner the game ends the quicker the "sponsor" gets your coins.

As numerous threads have made clear, most if not all of these are borderline scams.  At least in a casino you get the fun of picking your bets and such.
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January 28, 2015, 01:35:24 AM
 #16

I don't like use the word "game", ponzi is an intentional scam, if everyone realizes it, all ponzis won't live long. CHEERS!
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January 28, 2015, 01:42:56 AM
 #17

They end quickly because no one join ponzi scams any longer. The less people taking part, the sooner they end.
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January 28, 2015, 01:44:54 AM
 #18

coz no one supports them.
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January 28, 2015, 02:22:05 AM
 #19

coz only few people are willing to support ponzi  Cheesy
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January 28, 2015, 02:39:23 AM
 #20

After losing 0.02 BTC to ponzi games and reading some of the threads here, it seems that the ponzi games here end extremely quickly.

Normal ponzi schemes aren't like this at all. They typically go on for days, weeks, and sometimes even years. Bernie Madoff's ponzi scheme lasted for almost two decades.


With the forums and the plethora of ponzis in the gambling section it makes sense for people to just post it then shut it down right after and make a new one, no incentive to keep long ones going since people will abandon it quickly enough.

That and their is little demand so they scrape and take what they can and go away with it, in my opinion may as well just gamble it in a dice game or something and maybe win something since the ponzis won't pay out  Grin

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