closed

[Mitchell]

How do this work?

Someone send 0.1BTC and then someone else send 0.1BTC too and first one get 0.12BTC isn't this site now 0.02 at a loss? And every time someone send site lose minimum 20%

Person 2 pays for person 1, person 3 pays for person 2, etc. The last person is screwed and the site doesn't pay anything (most likely some sort of fee for doing this).

[crazy-pilot]

I paid 0.03 yesterday and nothing today.... I send a message to Ponzi.io and nothing...
BitCoin   1ponziUjuCVdB167ZmTWH48AURW1vE64q   0.03000000 BTC   Yes   2014-02-05 07:49:17
Processed   TrxID: de4bcd09ea212cff516716f978f61f09be3395eeb7cfb136bb6e7722ccf93b9a @ 2014-02-05 07:54:11
Its scam...?

You sent from an exchange address. It is impossible for the admin to know who sent. I know you are honest but maybe other people claimed your BTB before you.

Can I send using blockchain.info?

[derjanb]

I paid 0.03 yesterday and nothing today.... I send a message to Ponzi.io and nothing...
BitCoin   1ponziUjuCVdB167ZmTWH48AURW1vE64q   0.03000000 BTC   Yes   2014-02-05 07:49:17
Processed   TrxID: de4bcd09ea212cff516716f978f61f09be3395eeb7cfb136bb6e7722ccf93b9a @ 2014-02-05 07:54:11
Its scam...?

You sent from an exchange address. It is impossible for the admin to know who sent. I know you are honest but maybe other people claimed your BTB before you.

Can I send using blockchain.info?

http://ponzi.io/faq.html

[Mitchell]

I paid 0.03 yesterday and nothing today.... I send a message to Ponzi.io and nothing...
BitCoin   1ponziUjuCVdB167ZmTWH48AURW1vE64q   0.03000000 BTC   Yes   2014-02-05 07:49:17
Processed   TrxID: de4bcd09ea212cff516716f978f61f09be3395eeb7cfb136bb6e7722ccf93b9a @ 2014-02-05 07:54:11
Its scam...?

You sent from an exchange address. It is impossible for the admin to know who sent. I know you are honest but maybe other people claimed your BTB before you.

Can I send using blockchain.info?

A blockchain.info wallet is fine, because it doesn't use a shared address.

[Holdaaja]

How do this work?

Someone send 0.1BTC and then someone else send 0.1BTC too and first one get 0.12BTC isn't this site now 0.02 at a loss? And every time someone send site lose minimum 20%

Person 2 pays for person 1, person 3 pays for person 2, etc. The last person is screwed and the site doesn't pay anything (most likely some sort of fee for doing this).

If site have received 100BTC they have payed 120BTC so last one need pay more than 20BTC
So if everyone send under 20% of total received amount they must screw many people or they lose.

EDIT: I got it now if second doesn't cover first, third pay first too.

[RGBKey]

Someone just sent in 7 BTC, site going hard lol

[hangover666]

I'm starting to think this is a scam !

i've sent 0.03 BTC more than 2:30 hours ago, already on 12 CONFIRMS !

this is my wallet address on Blockhain:
1HbL3Qy7Yw8vDCxVvDjjMcBqwX1wbyYndt

Trans:
https://blockchain.info/tx/6ae8637ec6105dfa84b1b8686f17942004774d2c3e204ba534b8224076c8e96c


Can someone explain to me WTF is going on ?

[Holdaaja]

I'm starting to think this is a scam !

i've sent 0.03 BTC more than 2:30 hours ago, already on 12 CONFIRMS !

this is my wallet address on Blockhain:
1HbL3Qy7Yw8vDCxVvDjjMcBqwX1wbyYndt

Trans:
https://blockchain.info/tx/6ae8637ec6105dfa84b1b8686f17942004774d2c3e204ba534b8224076c8e96c


Can someone explain to me WTF is going on ?

I sent 0.003 and got 0.0034 back in 19min

[crazy-pilot]

System like this is built to fail. There is no way it can sustain it's growth, just count days and the bubble will pop.

[hangover666]

System like this is built to fail. There is no way it can sustain it's growth, just count days and the bubble will pop.

yea but other people sent after me were successful , so i don't understand that.

[Unpredictable]

I think it's just the beginning of the end.

[pietje]

That are alot of deposits every minute 

[TheRandomGuy]

>trusting this site

oh wow now i know why people make fun of bitcoiners

[koanado]

not trusting

[Holdaaja]

Not trusting, still using it

[Unpredictable]

Apparently some folks got only small % of the coins they 'invested', scheme is over guys 

[RGBKey]

I invested like 6-7 times, went from 18 mbtc to 75 mbtc and I'm done now lol. Sucks to still be in it.

[pietje]

It is funny to watch.
Expect it to close down any minute actually.

[icey]

wtf is going on? People sending every few seconds

[h3rlihy]

Well jesus. That escalated quickly. In a day the number of transaction has increased tenfold. Glad I took the risk and threw a ton in last night lol.