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Showing 20 of 182 results by PonZ
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Board Investor-based games
Re: 7dayponzi.com "Ponzi Done Right" - Over 40btc paid out - Escrow protected
by
PonZ
on 25/04/2015, 23:02:30 UTC
We made a python script for users to automatically enter our 7DayPonzi.com site.  This requires the user to have some knowledge of setting up a BlockChain.info wallet with a label.  Advanced users can modify it to work with any wallet that accepts RPC calls. 

http://7dayponzi.com/downloads/userentryscript.py

Use at your own risk!  We aren't responsible with lost funds!
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Board Investor-based games
Re: [BY ADMIN TO ADMINS] Read carefully please
by
PonZ
on 25/04/2015, 02:43:26 UTC
Very interesting post.  I believe most of it is true, however, we've never lost anyone's money.  In fact, we're the first to offer third party escrow to be certain our code wouldn't lose people's money.  Yes, we did copy weeklyponzi, only because we knew we could do it better and could make it more fair.  I still think this model has potential, however, I also think players are losing trust due to all the scams. 

Come on, fairy dust?  We are at least on the stripper glitter level!
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Board Investor-based games
Re: 7dayponzi.com "Ponzi Done Right" - Round 7 has started
by
PonZ
on 25/04/2015, 01:36:28 UTC
Why did people stop playing this game?  Did someone get ripped off?  I really had high hopes for these guys...

I can assure no one got "ripped off" from our site.  We're trying to figure out what is going on as well.  

Suggestions anyone?

Easy fella: trends change every day according to customer needs, and yours is now out of date.
I'm so sorry but I really appreciate that you tried and re-tried. For once, never mind the fact that you did lose a lot of money to users  Roll Eyes

PS: crypto HYIP industry is acrossing a "break point" moment because of the latest scams (good concepts btw), and EarnTomorrow is going to worsen the situation shortly as it is close to scam (probably almost 200 BTC).

Right on.  I think we might try a 24 hour version before throwing in the towel.  If nothing else, at least people can come in and chat  Undecided
Thanks for the feedback
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Board Investor-based games
Re: 7dayponzi.com "Ponzi Done Right" - Round 7 has started
by
PonZ
on 25/04/2015, 00:22:27 UTC
Why did people stop playing this game?  Did someone get ripped off?  I really had high hopes for these guys...

I can assure no one got "ripped off" from our site.  We're trying to figure out what is going on as well. 

Suggestions anyone?
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Topic
Board Investor-based games
Re: 7dayponzi.com "Ponzi Done Right" - We're still here! Updates coming soon
by
PonZ
on 18/04/2015, 23:09:10 UTC
Next round begins in less than 1 hour!

Our new permanent address is 1x7DayUMwSmu3XUYLSwnh7hkNYUe22TB7

Early entries will be allowed to enter, but will have a time penalty.  If you enter 7 seconds early, you will be placed behind all the 7 second entries.

Good luck everyone!
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Board Investor-based games
Re: 7dayponzi.com-"Ponzi Done Right" - New Round Starts at 8pm US EAST
by
PonZ
on 16/04/2015, 19:19:06 UTC
Everyone -

We are still alive!  Things have been running very slow on the site, probably because of the interest 7streak created and because a couple of us from 7dayponzi have had some personal matters going on in the "real" world.  One (@PonZ) is back in the game, however the other (@Jezeus) is still AFK do to an "addition" to the family.

Rest assured we are going to pick up the pace and implement some new ideas.
  • We'll be changing the way we handle "early entries" by giving them a "penalty." If you, lets say, enter 8 seconds early ("59:52"), then you'll be placed in queue at the end of the 8 second entries ("00:08").  This will get rid of the dreaded "10 second new address reveal."
  • We'll also be changing to a single entry address, instead of the "new address" per round method.  There will still need to be a short "break" in between rounds to differentiate between rounds.

After we get 7dayponzi running exactly how we want it, we are going to roll out another site for 24 hour rounds.  The 24 hour site will help fund the bonus pool for 7dayponzi.  More on that later.

Thanks for being patient!

PonZ
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Board Investor-based games
Re: 7dayponzi.com-"Ponzi Done Right" - New Round Starts at 8pm US EAST
by
PonZ
on 05/04/2015, 00:00:09 UTC
1x7Dayvj9F5qEEtRqbJ7xkU264iwTg7mk
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Topic
Board Investor-based games
Re: 7dayponzi.com-"Ponzi Done Right" - New Round Starts at 8pm US EAST
by
PonZ
on 04/04/2015, 21:56:59 UTC
How about this idea for future Rounds:

We release the new address 30 seconds early
Early Entries are OK - BUT... early entries go in at 90% of the entry amount and the 10% goes to the Bonus pool.

*** This is an idea - Not a rule for this Round ****
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Board Investor-based games
Re: 7dayponzi.com-"Ponzi Done Right" - Instant Bonuses In Effect - EVERY HOUR
by
PonZ
on 04/04/2015, 21:22:48 UTC
OK... next Round is Coming Up.

No major Rule Changes!

The New deposit Address will be posted 15 seconds before the new Round Starts.

This will cut down on early entries.

DO NOT ENTER EARLY!!

Wait until you see 00:00:00

-Jezeus

EDIT: Hit "refresh" on your Browser at 15 second point to get the new address
i think if someone enter the game early, their deposit will not be returned and will be bonus pot  Grin
this is a good idea... or maybe send back 90% and 10% to the bonus pool...
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Topic
Board Investor-based games
Re: 7dayponzi.com-"Ponzi Done Right" - Instant Bonuses In Effect - EVERY HOUR
by
PonZ
on 04/04/2015, 20:44:51 UTC
OK... next Round is Coming Up.

No major Rule Changes!

The New deposit Address will be posted 15 seconds before the new Round Starts.

This will cut down on early entries.

DO NOT ENTER EARLY!!

Wait until you see 00:00:00

-Jezeus

EDIT: Hit "refresh" on your Browser at 15 second point to get the new address
Post
Topic
Board Investor-based games
Re: 7dayponzi.com-"Ponzi Done Right" - Instant Bonuses In Effect - 130% payout
by
PonZ
on 30/03/2015, 01:56:18 UTC
Bonuses In Effect - A winner EVERY hour, on the Hour.
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Topic
Board Investor-based games
Re: BTCDOUBLER - Double, Triple and quadruple your bitcoins instantly
by
PonZ
on 30/03/2015, 01:11:07 UTC
 Where does then BTC come from to double or triple the investment?
Post
Topic
Board Investor-based games
Re: Ponzi betting...
by
PonZ
on 30/03/2015, 00:44:57 UTC
1) Not all Ponzi's are SCAMS - example:  7dayponzi.com
2) If you want low risk, put in small entry at the clock change on 7dayponzi, its almost a guarantee pay out
3) 7dayponzi pays out 95% of all input - this is verifiable through blockchain.info - neutral 3rd party

-Jezeus
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Topic
Board Investor-based games
Re: 7dayponzi.com-"Ponzi Done Right" - 10btc entered in seconds
by
PonZ
on 29/03/2015, 22:27:36 UTC
It's still working ? I want in

Yes!  Wait until the clock changes to 00:00:00 - the payout rate changes to 130%
Or - try to be the first entry at 00:00:00 - First two entries automatically paid
Or - enter now at 120% - You can get paid off by the later entries

-Jezeus

Bonus:  The purpose of Bonus Pool is to get all Day 1 Entries paid.  Lets go folks!
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Board Investor-based games
Re: 7dayponzi.com-"Ponzi Done Right"- New Round Starts NOW
by
PonZ
on 29/03/2015, 11:54:23 UTC
6 / 10 BTC were sent early ... to prevent that:
u could reveal the new address when the countdown reaches 0:0:0

I Agree with you 100%
That is exactly what we should do the next Round
-Jezeus
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Topic
Board Investor-based games
Re: 7dayponzi.com-"Ponzi Done Right"- New Round Starts at 8pm US Eastern
by
PonZ
on 28/03/2015, 23:05:54 UTC
New Round starts in less than 1 Hour.  Be sure to tell your friends.
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Topic
Board Investor-based games
Re: 7dayponzi.com-"Ponzi Done Right"- New Automated Bonus Pool
by
PonZ
on 28/03/2015, 17:29:36 UTC
So... I hope this is the last time to change the rules.
GOAL:  All day 1 entries are PAID.

New Round: < See official clock for start time
All Entries:  BTC.01 MIN through BTC.05 MAX Pay Out Starts at 120% on Day 1 and increases 10% each Day thereafter
Like this:  120%, 130%, 140%, 150%, 160%, 170%, 180%
All Other Basic Rules are the same.

New Automated Bonus Pool – Micro-PonZ Every Hour!
Micro PonZ starts at 00:00 on the second day.
The first two entries of each hour are automatically paid from the Bonus Pool.
This is automated until the bonus pool is empty.
Bonus Pool Payout matches the pay out rate of that day.

Because of so many time zones around the planet just refer to the game clock.
There will be a 1 hour reset before the new Round starts, but the clock you see will not change.
There is NOT an additional 1 hour between rounds.  

So if the clock say 2 hours, 0 hours, 0 minutes, 0 seconds > the new Round will start in 2 hours, 0 hours, 0 minutes, 1 second

New Entry Address:  1xDay2FY69w7M4h3Sy9PW5e6h3cMBBDt3
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Topic
Board Investor-based games
Re: 7dayponzi.com - "Ponzi Done Right" - Hourly bonus script is up and running!
by
PonZ
on 28/03/2015, 00:53:48 UTC
I made some suggestions still in the chat.
I really love this Ponzi and as bufa said, you 3 owners are very honest and involved.
So you have a big chance to make it big and long running.


From my point of view, we (you!) could try some changes:

1. Go back to the increasing percentages.
This was really a unique feature of your Ponzi

Benefit:
There is a big reason to split the deposits and send money also at day 2-7. Otherwise all players will put all their money on day 1 and run away with the profit.


2. Try to "reduce the costs" to keep it running
2a. Lower the payout to 120% in the 1st round, raising 10% on each new day, max. 180% on the 7th day
2b. Lower the fee from 5% to 3%. If you can create high volumes, you will earn more, than with 5%
2c. Do not reduce the "normal" payment pot with 5% for the Bonus

3. Increase the deposits.
0.005BTC is really only a drop and will pull only all the faucet lickers which are running away with their 30 cent then.
If you have a queue of unpaid deposits of 1BTC, there will be a confusing list of 200 open entries and everybody will have big doubt, if he ever got paid.
I would suggest 0.1BTC. Most other Ponzies had a max of 0.3 / 1.0 / 1.5BTC.

Benefit of point 2+3:
Really a short queue, more investments get paid (in percent) and are willing to reinvest.

Calculation example with a investment of - lets say - in sum 5 BTC for the 1st day.

Now we need 1000 deposits for this.
You can pay only 704 people
(704 x 0.005 x (130% + 5% Fee + 5% Bonus Fee) + 0.0001 Network Fee = 4,9984 BTC)
-> You have 296 unpaid investments and nobody will invest


With the new model we need 50 deposits for 5 BTC
You can pay 80% of them
(40 x 0.1 x (120% + 3% Fee) + 0.0001 Network Fee = 4,924 BTC)
-> You have only 10 unpaid invstments, everybody can check this easily in the short queue

4. Use only one address for your deposits and payments.
Maybe changing every week, but do not pay from different deposits. This creates only confusion and maybe a lost of trust.

5. If possible, increase your Escrow deposit and make it more "visible".
I have no experience and didn't know how to hande. But maybe you can start a footer adverstisment here in the forum as some others (e.g. Mixers) did?

Benefit of point 4+5:
More trust, more players, more deposits, more fun for us and of course for you!

What do you (owners and players) think about this?

Do you guys figure out how a Ponzi scheme works? There's no correct math behind of it.
Your idea is just a temporary workaround because sooner or later there will always be a fucking high unpaid amount!!!
Then what's the right way? Cutting off the cycle. I'm not talking about shitty round system (worst idea ever), but instead "gamblizing it"... Just give a look at nine9.ninja mechanism, it isn't perfect but is the one that is closest to my reasoning.
Whaaateeeever... You can't keep playing with the money of poor people  Angry I highly suggest you guys to start your own testnet server where you can play in even 100 TBTC (as I do).
Your modus-operandi it's not clever and even sustainable for the players. But hey it's your call!  Smiley

I hope you understand, best regards your supermoney.

1) We figured out the math before the launch.  The issue here is NOT a math problem!  There will always be an unpaid queue.  This is a psychological problem.  The issue is how do you get people to play longer than just the first 10 seconds on a 1 week game.
2) The only people playing with "people's money" is the people playing the money.  Our system is 1) fair 2) played according to the posted rules of entry.
3) Most of your posts are negative, with very little positive to be found.  If you don’t like this game, why would you hoover around it so much?Huh
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Board Investor-based games
Re: 7dayponzi.com/"Ponzi Done Right"/Escrowed/Hourly bonus script is up and running!
by
PonZ
on 26/03/2015, 13:34:42 UTC
Good news: We paid out 28 entries so far with the hourly bonus script!
Bad news: You guys emptied the bonus wallet.   

Hourly bonuses will resume when there's enough in the bonus wallet to cover an entry.  The bonus pool is funded when there's enough to pay out an entry.  5% of the users original entry is sent to the bonus pool.
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Topic
Board Investor-based games
Re: [YeldControl] Overview and list of all Bitcoin related investor-based games
by
PonZ
on 26/03/2015, 06:23:16 UTC
Trying not to complain, but how did a site, that just opened, get higher listing than us? We are backed by a verifiable 3rd party escrow account and have been around longer than ponzinow.  We have paid out more than 1500 users totaling more than 11btc.

Just trying to understand the logic behind the ordering.

Thank you and keep up the great work!