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Comment by kenrose | Hacker News Reader

What is amazing is that (at the time of this writing), they've had 205 BTC deposited. At today's value, that's $140,000 USD. For a site that looks to be just over one week old.

In a way, this is almost sort of like gambling. You either get 1.2x your money, or lose it all. Odds depend on the hype of the site.

Cute whois information too: Owner : Charles Ponzi

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The site seems to have crashed, maybe it's Game over ?

You do realize that the site is a joke, don't you?

The blockchain doesn't lie: https://blockchain.info/address/1ponziUjuCVdB167ZmTWH48AURW1...

What do you mean a joke? Looking at the blockchain, it seems to be a full fledged, serious, Ponzi scheme. They're taking in BTC and paying it out again to the early investors.

EDIT: +1 to ryanjshaw for showing the blockchain: https://blockchain.info/address/1ponziUjuCVdB167ZmTWH48AURW1...

wow did not expect that, my bad...

I just glanced over and saw all the automated responses and figured it's a joke. I'm actually still not convinced it's not an elaborate joke

The lesson - don't leave sarcastic, condescending responses to people before doing your own research.

No one deserves the horrors they face by being on the receiving end of the dreaded #828282.

There is a block chain man. It's not a joke, how can you be so silly. BTC has a 100% record of everything that happens to it.

Even though it is a functioning ponzi scheme, it could still be classified as a joke. I'd go so far as to say if you don't see humor in it there might be something wrong with you.

Although there is the legal question. I'm not sure it would be so funny to tell it to a judge.

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