Quote from: strasboug on December 25, 2016, 11:57:37 PM

Quote from: BitFinnese on December 25, 2016, 11:37:15 PM

Quote from: greenclover on December 25, 2016, 08:36:29 PM

lol, this is just a trick from dev to trick you guys "the investor", it is so simple: for level 1 members, the dev team will get about 90% proceeds, level 2, dev got 70%, level 3 dev got 40%. Now if you are level 3, you pay more, sounds like you will get more, but no. Although you get equivalent 60% from others (4x2.5 + 4x5 + 4x7.5), but most of these are small potatoes, you get only possibly 1% of what you paid. Dev will likely get 90% of your contribution. If you invest 0.02BTC, you may get more if next 4 has a big fish.

Given the ICOBID itself has nothing, this ICO is like a gambling game, with small amount (0.02) may worth it, with bit ones (>1) is a definite loser. I will avoid it, better go to Casino for a much fair game

Hmm.. where did you get your analysis? Your math calculation is broken. Anyway, this is no trick nor like any gambling game. This is simply a bonus to people who are interested to BUY ICOBID Token during ICO period.

Quote from: almostdone on December 25, 2016, 08:48:44 PM

Good analysis. Can be a small gamble with 0.02-0.05 BTCs, is certainly not worth anything more than that. It is a dev's get-rich-quick scheme.

I have to praise the "dev" with those deceiving and very original ideas, they may cheat a few people but certainly they don't cheat intelligent people

How could a broken math calculation a good analysis? So being generous is now cheating? Tell me more about it. I wanted you to details your idea.

This is simple math, and it's not a math class here. I think it is very simple, you get 2.5% from the next 4 buyers, so one buyer next to you will give away his 2.5% 4 times to others as bonus. In this case dev will get the rest 90%. For level 2 you get additional 5%, for the 4, etc. So dev will get a percentage between 40-90%, most likely on the higher side. For those who get "bonus", if you paid 10BTC, your next 4 each paid 0.02 BTC, you will get 4x0.02x2.5% for your level 1 bonus, similar for level 2 and 3, you end of getting maximum something like 0.048 BTC << 1% of what you paid.

This is simple math. dev used a convoluted way to give a wrong impression, fortunately not everyone stupid here, lmao.

So the conclusion as other people said, using 0.02BTC to get max out of it, it's probably like a gamble, anything beyond it is not worth it. Don't be stupid.

Yeah very simple math but you calculated it all wrong. Try to correct your calculation first before putting an argument over something that deals with math. I am not that good in math either but your calculation is obviously wrong, and this as I said is a bonus in an ICO , basically they will get their token (amount of investment) and the bonus from the next investor who also get their token equivalent to the amount they invested. And it seems you reply in a wrong account