Re: HonestDoubler.com - 100% IN 100 HOURS - 15% REF, MANY LEGIT PAYOUTS!!
As mentioned before, only deposits higher then 0.1 btc will be considered in the payback. Since we think anyone can handle to lose 20$.
That simply isn't true... you are paying out people under .1btc, which I guess is good for me, but that isn't the point. You have in total paid around 40 people so far, anyone above .1btc and below .1btc ... plus the fact that you're paying 4% the total of all of that you have in total paid .75 btc ... which the total profit before the site crashed was around like 30 btc or so.
So excuse me if I'm not so impressed that he's giving out 4% of people's money back... I know it's not very usual that he's returning some of the money at all to people who invested on a ponzi, but in total he is profiting ALOT of bitcoin... I'm just saying.
Edit: https://blockchain.info/tx/32d99a0514d92dac834619357ad80a569e311dfdbd93b492985e64fe33caa9a1
RULES
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8. All deposits are used as donation to the previous users, for promotional purpose and to cover costs to run the program. Deposited amounts are multiplied after 100 hours and paid back to the provided payout address. But only if there is enough balance to cover your payout.
Your math is wrong.
Total deposit was around 230 btc, 200+ were paid as usual payout and referral comission. Some were lost due to the doublespend, some were used to cover the costs, and some were used to pay advertising on several pages, for the giveaway, for translation, and so on. The rest is distributed amon the unpaid users. Do you think one collect 230 bitcoins by just seting up a page and thats it? There was a lot of bitcoins pumped into advertising.
Honestly, I ran TheGrandBitcoin with an investment of $30 and rolled more than 250 BTC in 5 days only, and of course I didn't spend any money in advertising, translations etc. Pretty lucky I would say loool