Burstcoin sweepstake
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@gpedro The posts referencing the "doubler" site have been deleted for now, and I've asked Joe for details. If I hear nothing realistic in the next 24 hours the thread will be gone.
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It is very easy. Try and see for yourself. Nothing to lose. You send burstcoin, another user helps you by sending burstcoin.
There are sweepstakes also where one user wins all.
So it is simple. Where is problem?
5 burstcoin is not much for start. You can get it from faucet if you like. Try, take faucet ,send and wait as soon as there are burstcoins to cover your double you get double. 10 burstcoin. Then try again send 5 and wait. You can even use this 10 burst to tray luck in a sweepstake. It says in a minute so if there are burstcoins you get double in no waiting time. But usualy in 24 hours.
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I just sent 5 burst,so lets see what will come out of this,,,tell you all when i see some in return!
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@bytheseaster
Paid to first invested
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and i got 2,thanks,,,sent you 10 more!
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At a moment can only double 5 burstcoin.
It will be doubled. 5 by 5.
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ok,,so i send you just 5 then,,ok,,will do
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@Zeus for me it worked,,i sent 5 and i got 10,so im fine!
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This post is deleted!
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what is this?
what's the rules of the game?
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I assume the earlier players get their 10 Burst, then the amount you can deposit is upped and people continue to get paid and report that all is well, more people come in and everything looks rosy.
Then either someone makes a big deposit and there are insufficient funds to pay out or "Joe" decides to pull the plug and run? :-)
Rich
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@RichBC
Use faucet. You win.
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If you like make donation
BURST-MEA9-C8TB-E55A-BM53D
Thanks
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It's called ponzi or pyramid scheme. This is gambling but the odds are not clear.
The last users won't get paid.
That's why it is illegal in many or all countries. (?)
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Then use sweepstakes. Later adding bitcoin on sweepstake.
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Haha the ignorant answers @Joe, explain HOW people double their money, without it being a pyramid scheme. Please don't trust this people :)
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I've yet to see any coin doubler that is not a ponzi / scam !
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If you wont play I am removing double site. Use only sweepstakes. For now 30 burstcoin .30 dogecoin and 0.001 bitcoin. After pool is full and can cover all winings. One winner in each sweepstake gets prize.
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@bytheseaster said in Burstcoin Doubler:
@Zeus for me it worked,i sent 5 and i got 10,so im fine!
That's called a Ponzi, and a Ponzi its a scam, so as I said, this is a scam ^_^
A Ponzi scheme (/ˈpɒn.zi/; also a Ponzi game)[1] is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent.
Source: https://en.wikipedia.org/wiki/Ponzi_schemeI've played before at a Ponzi scheme (didn't knew what it was, back there), and I made money (from 10 usd and ended up with 200 usd). But a gigantic amount of money was stolen, I was just fortunate to end up losing 10 usd as I always sent 10 usd.
How does it work? Someone send money (let's say 10 USD) and someone else send 20 USD, from that 20 usd you get that 200%, now the second user need to wait for the wallet to have 40 usd to receive his 200%, and so on. If this continues, @Joe will have someday an amount of let's say 1000 USD and then he decides to close the account, that amount is stolen and someone (or many users) will lose the money.
Is it possible this is not a scam? No, this is how this game works. Either the site will close because it doesn't get enough to pay the last users (even if it's not true), or the site simply disappear without any notification.


