7dayponzi.com "Ponzi Done Right" - Over 40btc paid out - Escrow protected

[adzino]

''2 - Drop the escalating percentage and begin escalating the deposit amount each 24 hours'' I choose this. And i think increasing value through 0.01 per day is good enough.

[gordonhill]

No way of being able to get another net BTC deposited, always if people are not dumb. You have to study a new strategy to make it last longer and saving more money to your poor players  
EDIT: what you said is just a "workaround", so you will end up again having the same problem of now.

I agree. Change the name, to 7dayponzielite.

ps: sorry admin, but its true.

[bufa]

No way of being able to get another net BTC deposited, always if people are not dumb. You have to study a new strategy to make it last longer and saving more money to your poor players 
EDIT: what you said is just a "workaround", so you will end up again having the same problem of now.

I agree. Change the name, to 7dayponzielite.

ps: sorry admin, but its true.

Maybe really a option? One lite game with 0.01 and one big game with maybe 0.3?

[PonZ]

No way of being able to get another net BTC deposited, always if people are not dumb. You have to study a new strategy to make it last longer and saving more money to your poor players  
EDIT: what you said is just a "workaround", so you will end up again having the same problem of now.

I'm sorry, I don't quite understand what you mean.  If this is a bad idea, what do you propose?  We want to make our site the best one.

[PonZ]

Someone in our chat box posted this challenge:

if I get paid out in this round.. unlikely ... but if I do I'll split my profit of BTC0.35 between 1Nu and final depositor

[jlga]

I am thinking that you should stop the countdown while the site gain popularity or maybe you can extend the percentage for 2 or 3 days, so the ponzi will be for 2 weeks and not just one because the big investor always will get profit if the wait until the percentaje increase

[nimrac]

I think we should experiment each week and PonZ should decide which one is better for his business

1. new round: min 0.001 max 0.03, escalating payout +20%
2. new round: min 0.1 max 1btc, escalating payout +20%
3. new round: fixed deposit 0.02, escalating payout +20%
4. new round: fixed deposit 0.1, escalating payout +20%
5. new round: escalating deposits starting from 0.02 on day one, 0.03 day two ...; escalating payout +20%
6. new round: escalating deposits starting from 0.1 on day one, 0.2 day two ...; escalating payout +20%


escalating payouts its what makes your game unique


Also I think we should help that someone who posted his challenge of splitting 0.35 with 1Nu and final depositor. Please reinvest at least your profits



...just my two cents

[nimrac]

Ok everyone.  What we are currently doing isn't cutting it.  We have heard from many users on our chat box and have a rough idea of the direction we think it should go.

Changes
1 - Drop the min/max and only support one value (the value needs to be determined)
2 - Drop the escalating percentage and begin escalating the deposit amount each 24 hours (the value needs to be determined)
3 - Add a bonus for the last person to enter each 24 hour round.  We could fund this by adding a percentage (amount yet to be determined) on top of each entry. So the equation for someone to be paid out would change to the following:
(users possible return + transaction fee) + (our 5% of the users entry + transaction fee) + bonus %

Reasoning
This should remove "speed bumps" created by bigger entries and will give everyone an equal chance of a return.  Multiple entries are, of course, allowed.  
The escalating entry amount and last entry bonus should help keep the "waiting" list short, which will keep people engaged and excited.

There are many things that need to be ironed out.  What are your thoughts?
We will NOT interrupt the current game, this will be rolled out on the next restart on Saturday.

Edit: Added change #3

bonus should go to player who sends the highest amount during a 24 hour round, if you keep min/max...manually and randomly choose between multiple highest amount users

[jlga]

I vote for the first option! has low min/max and every person will have the same percentage to be paid

[man22555]

I vote for the first option! has low min/max and every person will have the same percentage to be paid

I Agree. It seems to be the most fair.

[PonZ]

Follow us on twitter:

http://twitter.com/7DayPonzi

[groko271]

Ok everyone.  What we are currently doing isn't cutting it.  We have heard from many users on our chat box and have a rough idea of the direction we think it should go.

Changes
1 - Drop the min/max and only support one value (the value needs to be determined)
2 - Drop the escalating percentage and begin escalating the deposit amount each 24 hours (the value needs to be determined)
3 - Add a bonus for the last person to enter each 24 hour round.  We could fund this by adding a percentage (amount yet to be determined) on top of each entry. So the equation for someone to be paid out would change to the following:
(users possible return + transaction fee) + (our 5% of the users entry + transaction fee) + bonus %

Reasoning
This should remove "speed bumps" created by bigger entries and will give everyone an equal chance of a return.  Multiple entries are, of course, allowed.  
The escalating entry amount and last entry bonus should help keep the "waiting" list short, which will keep people engaged and excited.

There are many things that need to be ironed out.  What are your thoughts?
We will NOT interrupt the current game, this will be rolled out on the next restart on Saturday.

Edit: Added change #3

Stick with this for next round and I'll play. Best way to way get players paid quicker...I bet there's some in this round that wish they could get paid something

[PonZ]

Some of the changes for next round have been decided.
We are testing them now.
I will post the full list of changes here this weekend, at least 24 hours before the re-start

[hanomnom]

I realise now I made a mistake investing in this website's current game and will definitely not be getting my satoshis back. My own error for not being careful and depositing too late. Gutted  none of the more recent deposits are getting paid so I should have took note of that

[PonZ]

I realise now I made a mistake investing in this website's current game and will definitely not be getting my satoshis back. My own error for not being careful and depositing too late. Gutted  none of the more recent deposits are getting paid so I should have took note of that

Try again in the next round - I think you will still see a lot of activity on Wednesday and Thursday of next week

[jorgelugra]

I realise now I made a mistake investing in this website's current game and will definitely not be getting my satoshis back. My own error for not being careful and depositing too late. Gutted  none of the more recent deposits are getting paid so I should have took note of that

you are not the only, since the second day the ponzi has been stopped thanks to somes guys with high amounts :/

[PonZ]

New Rules for Round 3 Posted at top of the Thread.
More details to come.

1 hour lock-out before new round starts.
"Pay to" address will be posted here early.

No complaining about tx fee for small entries.
All tx refunded at payout.

YOU DO NOT HAVE TO BE THE FIRST ENTRY TO GET PAID.
DO NOT FREAK OUT OUT ABOUT THE CLOCK.

[clipman77]

Can I send one adress several payments ?

[PonZ]

Can I send one adress several payments ?

Yes.  You can send unlimited, as long as it is .005 btc

[PonZ]

New Round Starts in about 2 hours.

Lots of improvements!
No Speed Bumps