is this similar to a ponzi?
ponzi? why? I thought this was a binary site.
I get winning payout instantly. It also has dice like games. How can this be a ponzi?
Did people get that stupid to not know what a ponzi is?
yep, this is not a ponzi, it is like a gamble game between customers and casino. And casino has 20% high edge.
20% really? I don't think that is true. You can just read the news and bet. I won some like that. If you have some sense and a bit of luck, you can get the edge to be negative even.
I usually bet on oil, gold, currencies.
If you bet 1 minute, it is a total gamble, I think 20% edge is correct, because you lose 100% of money with a wrong bet. We can bet with news or something, but important news is not released in every second.
Like last news, CHF suddenly rise against EUR/USD, but CHF is not rising all the time, you may lose your money because of rebound.
we thought like you. so we gave the reward 195% when we started.
but we had lost every games, and lost bitcoin. especially on the BTC/USD and 1 minute.
we just want to 1% house edge. but we became know that doing this is very difficult.
Wining rate is different depending on instruments,expiry time,person, betting time.
the more doing the game , the more wining rate goes up.
i think that binary option is different with games like kind of dice.
if you do game or you run binary option sites, you will also know that like us immediately.
can you believe we have still loss ,though 17,236 transactions have happened during 4 month ?