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What I realized now: if you look at their BTC balance https://blockchain.info/address/1ponziUjuCVdB167ZmTWH48AURW1vE64q https://blockchain.info/address/1ponziU
by runn1ng 13y ago
What I realized now: if you look at their BTC balance
https://blockchain.info/address/1ponziUjuCVdB167ZmTWH48AURW1vE64q https://blockchain.info/address/1ponziUjuCVdB167ZmTWH48AURW1...
plus
https://blockchain.info/address/14ji9KmegNHhTchf4ftkt3J1ywmijGjd6M https://blockchain.info/address/14ji9KmegNHhTchf4ftkt3J1ywmi...
their "debt" - meaning, what other people have to bring into the system - is their balance + 20%. Right now, their debt is about 42 bitcoin.
- eterm 13y agoIsn't their acrued "debt" actually 20% of what has been paid in? That's about 48 bitcoins as of now. (Or perhaps that's what you meant?)
- runn1ng 13y agoHm, you might actually be right. I am not sure what the balance actually represents.
- yxhuvud 13y agoRemember that it takes a while for transactions to complete, so the balance could be a simple counter of outstanding outgoing transactions.
- maxerickson 13y agoThere is some list of unpaid 'investors'. If they are operating as they say, the balance should always be less than 1.2 times the amount put in by the first entry on that list (or so, they could be combining payments or what not).