Something I've been working on. Trying to spread the word. This is how it works:
1. You make a deposit.
2. Someone else makes a deposit.
3. You get paid 150% of your original deposit using the previous depositer's Bitcoin.
Assuming we can get this running mainstream, we can make bank.
>pyramid.com
its so pyramid its actually in the name
just wow
that's the point. it's not fraud if you tell them what's going on.
You'd have to be fucking brain dead to think this is a good idea
This man is a genius.
explain. millions of people use Bitcoin. if you make one deposit, it's basically guaranteed to come back. and unlike typical pyramid schemes, we're not talking huge amounts here. the maximum allowed deposit is $10, meaning worse case scenario, it takes like 15 deposits of $1 to get your deposit back. those are good numbers, especially because not everyone will deposit the minimum amount
show the source code or fuck the hell off. there's a "cash out now" button in there 100%
how stupid do you think p... well whatever, good luck
>Two people put 20 dollars in a hat
>One person takes out 30 dollars
>There's 10 dollars left in the hat
Regardless of the scale, someone's going to get fucked
And that's assuming you don't just cash out everyone's untraceable money and disappear.
Think about what you're saying and realize it makes no sense.
If you deposit $10 (the maximum allowed), it will take 15 deposits of $1 in order to pay you.
But then your contract is fulfilled and removed while the balances of the previous depositors have been drained.
There is no money left for me to withdraw, except for the 25% I cut into in order to make this thing somewhat profitable.
The only way I can make bank from this is if it becomes popular and people trust it. For what it's worth, I'm just using the Blockchain.info API to handle everything.
see
There won't be any money for me to disappear with. it's a continuous process, meaning deposits are constantly being paid out. It is highly unlikely that more than $20 will ever be in the pool at one time.