Obviously it's a ponzi. Seems to be hosted on a free subdomain too. Anything that promises a 120 percent return in eight hours is a ponzi. As for whether or not this ponzi will make you money, well that depends. Those who gamble in the early stages will likely make a profit (excluding the possibility that the site operator decides to run away with everyone's money instead). Everyone else will lose their money. This is true for all ponzis.