Post
Topic
Board Investor-based games
Re: Bitponzi.io - fair ponzi with automated hourly payments, 150% in 150 hours.
by
MikeMazzone
on 27/06/2014, 07:59:58 UTC
We pay hourly which reduces the chances of the system getting stuck.

What do you mean?  A ponzi scheme is guaranteed to become 'stuck' when the number of suckers drawn into the system isn't enough to pay out the early adopters.

I look forward to the numerous 'umm, the payments have slowed and then stopped, you guys sure it's still working, I haven't got my investment back yet' posts.
Check the blockchain, you always know how much is left in the bitponzi fund.

https://blockchain.info/address/1PoNzi7PGzRyvc9KWYBcaauS3oeJqa5vFg

Right now, there's 1.34231128 BTC left to make payments with.  If they do it right and wait until it gets wiped out to 0 to stop making payments, a new cycle can begin with fresh deposits.  You might be surprised how long a cycle can last.

It's not an investment anyway, it's a gamble.  I deposited a little over the 0.005 BTC minimum, if I get in early on the next cycle I might risk a whole half a bitcoin like a couple of depositors have done this cycle.