Post
Topic
Board Gambling
Re: SATOSHI BID | WHERE TIME IS MONEY
by
sbidder
on 23/07/2014, 05:31:45 UTC
Hey tried the site.
It worked.
Sadly this site is considered a ponzi.
When a person deposits money leaving it there and waiting for another person to deposit
money. That new persons money will then be given to the person who deposited first.
The person then waits for somebody else to deposit until he gets his money.

Even if your site pays ( and I know it does ) it is still considered a ponzi.
I recommed you come up with a better system.
Hope this helped!
 Wink
lol it is not, you got it all wrong. Its actually the opposite you just have to be the last bidder not the first Wink we do not wait on any one else to bid before we payout the first one. if you already tested the site you should know by the end of the round you'll get paid even if you are the only bidder. you just need to be the last one when the round ends. It is not a ponzi scam because we do not depend on any bidders we will payout even if we lose money. I hope this clarify your confusion

BTW i can see you won 4 rounds that is 0.025*4=0.1BTC that is a pretty good return even if it is a ponzi scam