/biz/ - Business & Finance

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Anonymous Sat Nov 16 08:59:56 2019 No.16275125 [Reply] [Original]

I learned about bitcoin (when it was only 200$). Price didn't move for a while, so that's why I started to look in ponzi things.

I joined ponzi, you need to recrut more people (obviously), so I started to preach and spam all my friends and whole internet. I intruduce so many people with bitcoin and crypocurrencies, which is a good thing, but ponzi was downside (luckily didn't recrute many people).

Just now, because of PlusToken, many more people found out about Bitcoin. But it was scam. What will hurt Bitcoin big time, when those bitcoins will be sold in markets.

So now, I am thinking, referral bonuses are not illigal, many companies are using more and more these tactics, to ask users (or youtubes, blogers) to market bussiness to more people, recrute them.

Could it be possible to code something like Bitcoin refferal program ? where you try to recrute, for example, 5 people, from who everyone is sending X amount of BTC to holding place, and they are giving something like 10% of their BTC away to you, and you get all that BTC (5* 10% of X) when you recrute all 5 of them. And person who invested bitcoin, gets his rest of 90% back when he recruts 5 new people and gets 10% of them. But if someone fails to recrute 5 people, he gets his 90% BTC back after Y amount of BTC mining blocks, and if he recrutet only 3 people, they could get back their BTC in full 100% and if they keep recruting, then those 10% from their 5 people.

If it is possibly to put it in code, like a law, could it work? Only risk is 10%, but gains are huge, easier to HOLD and possible to gain 50%, and amount of new people in Bitcoin will pump the price.

In this system, there is no central person, who can dissapier with BTC. It can stop for itself and no bitcoin will be lost.

Also, I could say that, % from X doesn't need to be 10%. Lets say, it is only modest 2 procent like in some sort of saving account. And time, while your BTC is locked up, could be a ~year. So, like a weird saving account?

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