Quote from: HereToTrade on February 17, 2014, 12:55:30 AM

Quote from: TheCatLife on February 16, 2014, 09:48:12 PM

Quote from: Lohoris on February 16, 2014, 12:36:15 PM

To this point, this is such a blantant scam that anyone who still falls for that fully deserves their fate.

A fool and his money are soon parted.

I would NEVER "invest" in this scheme (if you can even call this investing.. It's more like willingly handing over your BTC) for several reasons.

First, and foremost, the OP, HereToTrade, the owner of this operation, is severely lacking in moral candor. He continually demonstrates a complete and utter lack of professionalism. His goal should be to win the respect of people, especially those who are hesitant and suspicious, through politeness, diplomacy, and tact. Instead, he chooses to harass and insult those who disagree with him. When people point out the inherent fallacies of his operation, he calls them haters, instead of acknowledging the flaws in this whole scheme.

Second, he continually comes up with a new scheme after his previous ones (which have been at least two other schemes proven to be defunct) are proven to be ineffectual. He simply doesn't know when to call it a day.

Third, it seems his one and only goal is to enrich himself through other people's money. He seems to have no desire to work and earn his own income - instead relying on others to fill his wallet by promising high returns in a system that has already been proven by myself and others to be ineffectual.

What bothers me the most, personally, is what I said in the first part regarding his complete lack of professionalism. I would never willingly hand over money to somebody who so blatantly insults so many people simply for having an opinion grounded in logic..

I also find it completely and utterly amusing that he believes this can and will last "forever" even though Fur11 and I have proven via simple math that this is defunct and ineffective.

Quote from: FUR11 on February 16, 2014, 01:25:17 AM

Here's some math showing that this pyramid is unstable. I'm assuming that you are taking a third of every level (as that would be the remainder).

Person 1 sends .1. One person is out .1, for a total defecit of .1. Owner has collected 0 total.

Person 1a sends .1, person 1b sends .1, person 1c sends .1. Person 1 collects .2, owner collectes .1. Three people are out .1, for a total defecit of .3. Owner has collected .1 total.

Person 1aa sends .1, person 1ab sends .1, person 1ac sends .1, person 1ba sends .1, person 1bb sends .1, person 1bc sends .1, person 1ca sends .1, person 1cb sends .1, person 1cc sends .1. Person 1a, 1b, and 1c all collect .2. Owner collects .3. Nine people are out .1, for a total defecit of .9. Owner has collected .4 total.

So now the nine people (1aa, 1ab, 1ac, 1ba, 1bb, 1bc, 1ca, 1cb, 1cc) all have to each get three people under them. As we can see from the pattern forming, .2 goes to the person above them and .1 to the owner. After this level, there will be 27 people out a total of 2.7, with the owner having collected a total of 1.3.

On the next level, those 27 people all have to get three people under them. The total defecit after this level will be 8.1, with the owner having collected a total of 4.

As you can see, for the pyramid to progress, you need exponentially more and more people to join. The total deficit rises and rises as you'll continuously have more and more people out money. When they get paid back, you have even MORE people out money. It's unstable because there aren't an infinite amount of people with an infinite amount of money...eventually nobody else wants to contribute, and the system stops, and the nature of something like this is that when it stops, it'll always be at the maximum deficit.

HereToTrade has either not at all thought out the sustainability of this project.. Or has, and intends on running off with the money once it becomes clear this project is defunct.

Based on his behaviour - his crass insults and abject behaviour - leads me to believe that this is indeed a scam. He seems continually to demonstrate that his only objective is to enrich himself no matter what the cost - even his own reputation. He himself does not care how he appears to the public as he has no hesitation in regards to insulting people, for yet again, simply having a logical opinion.

I treat people like they treat me, I can be the nicest guy in the world, but I am being called a scammer even by you and I never did anything, I never scammed anyone. You don't disagree with my opinion so you call me a scammer, of course I am going to defend myself, I am hardly going to praise you and say good job for doing that.

We already talked about my previous scheme but it seems I wasn't clear enough. After I launched the first scheme I realised it has a flaw and eventually would end up as the rest of the Ponzi's on this forum and as I said before I don't want to scam anyone. So what did I do? I took it down within less than 10 minutes.

I am giving everyone an opportunity to double their money and people like you plant a seed of doubt into other peoples minds and mislead them. I bet you are the owner a Ponzi on here and realized that there is a honest and profitable scheme that I am running here and you are trying to destroy it, leaving people to invest into your Ponzi schemes that always run away with the money.

I am sorry that your feeling are so soft and fragile, but you need to accept the hard fact that this is the best investment scheme on this forum. Also what do you call professional? Do I need a site to be professional? If so are the Ponzi's on this forum professional because they have a site to scam? I think not. Professionalism is shown how payouts are made and promises kept. But you are not giving me the chance to show that I am a professional entrepreneur. Give me space and I will show you.

Quote

Based on his behaviour - his crass insults and abject behaviour - leads me to believe that this is indeed a scam.

Again you are basing my behaviour (my behaviour is completely above board and respectable) as proof to call me a scammer? WOW

I am feeling so soft and fragile?

Oh please.

I'm not the one barking at everybody simply for stating their piece.

The cat's meow is much softer than the dog's bark, haha.

As for his recent behaviour, in paying everybody back their own money - I wouldn't yet say he has proven not to be a scammer..

I'd say wait until he has actually made a large amount of money before determining whether or not he intends to make off with it..

As for this being the "best" scheme on this forum.. That is completely and utterly laughable.

Here's an example of a far better scheme..

Quote from: Areast on February 14, 2014, 09:07:01 AM

BitVestment - The simplest BitCoin Ponzi
*Sorry, "another one"!
150% Payouts for the next 48 hours! Ending 16th February @ 22:00 UTC

Allow me to introduce BitVestment. Having grown increasingly tired of waiting around for owners of other Ponzi games to manually process payments, or worse, run away with the coins, and being a bit of a "techie", I challenged myself to build a more sophisticated script, which not only automates every payment, but uses the entirety of the wallet balance in every payment round meaning at the end of the game, there will only be a few satoshi's left (at best) e.g. nothing I could run away with!

~~125%~~ 150% Return on Investment
Fully Automated System (payments every 5 minutes)
No payment backlogs - if the wallet has a confirmed balance, payments occur every 5 minutes without fail.
Fully transparent accounting and transaction records on our site

http://bitvestment.co.vu/

Please post your deposit and repayment results\transaction IDs here as proof for other potential players.

*Like any new site, there may be some teething problems, logging on the server is enabled so please post any issues here and we'll hopefully resolve them ASAP.

Promote the site. Receive more payments!

Code:

[size=14pt][url=https://bitvestment.co.vu][color=white][b][glow=#6FB3EC,10,100] BitVestment 150% Ponzi [/glow][/b][glow=#ffffff,2,100]|[/glow][glow=#1C70B7,2,100] Automatic 5 Minute Payments | Full Transaction History[/glow][/color][/url][/size]

5 minute payouts? And you think waiting for a certain number of investors is a better option?

I can double my money in less than half an hour - or wait many hours for a single payout from your scheme which was rife with inconsistencies and problems..

Not to mention your attitude in itself..

Again, as a businessman, your attitude shouldn't be to lash out against those who disagree with you - it should be to prove yourself through politeness, diplomacy, and tact. Instead, you chose to operate with a complete lack of moral candor, and your business suffered for it.

Oh, and yes, having a website would have greatly added to your overall trust and professionalism - for it would have demonstrated, if nothing else, you are willing to put work, love, and devotion in to your own idea to see it prosper.

Simply posting "send BTC here and expect double on your investment" is incredibly half-assed and lazy.