Post
Topic
Board Investor-based games
Re: Bitcoin Pyramid [Beta] - the oldest working pyramid?
by
arsenische
on 29/01/2014, 15:35:27 UTC
What I don't understand is how the unlimited hierarchy helps you. You receive 50% of the income of your direct referrals but nothing from indirect referrals.

Not exactly right. Please see http://bitcoinpyramid.com/rules for details.

blockexplorer down today  Sad    blockexplorer may have outlived it usefulness... can the bitcoinpyramid be redirected to blockchain.info instead?

Yes, should do this.


Hello,

I became a member of the group almost two months ago. I am very interested in helping to develop, grow and spread the word about the program.

I want to voice a suggestion of restructuring the format to a basic, and straight forward format that would entail members joining the group with a required specified amount, for example: 1 BTC. Every new member would fill in equally and move up equally, regardless of referral or not. So with a 100 person group, the payout for exiting a 1 BTC structure would be 100 BTC. The reason this format could be more effective, is because we would have at least one person reaching the top and getting paid out everyday! This fact would multiply interest in the system and create momentum. The motivation for members to promote the system and bring new members in could be greater this way because it would eliminate non paying members taking up positions, the payout would be much more attractive and frequent, and therefore more exciting!

I don't know if this is something that has been attempted in the past, if not, then we should open a discussion about this. The oldest working pyramid in the bitcoin domain should not only be alive, it should be thriving!!


Thanks for your idea. Though not sure how it fits the current pyramid hierarchy (that should be preserved). I'd prefer just to convert all the balances & transfers into USD or some rapidly inflating currency. But I don't have time nor enthusiasm to do it.

Probably I should release the sources and transfer the domain name to some responsible party who could run & develop it. Maybe I should sell domain for bitcoins to that responsible party and distribute them among existing members with respect to their deposited money.