Xguest
Jun 10 2004, 05:29 AM
Plz tell me how it works?
How can I get money from it or bay be any other goods?
Why and how people use it?
Akuma
Jun 10 2004, 07:36 AM
People do use bubbles because they are a funny way to spend little amounts of money with a chance to earn a revenue from them.
They are not an investment. They are a game.
So the return is not guaranteed. But if you are lucky enough you may get some money from them.
How do they work?
You buy a position in the bubble by paying an enter fee. All the players are listed in the bubble webpage.
When enought money was spended to pay a person, then he is paid.
You have to count on admin fees, referral fees, etc.
Example:
$0.10 bubble that pays 150% ($0.15)
Referral earnings: 10% ($0.01)
Admin fee: 10% ($0.01)
Bubble real value = $0.10 - $0.01 - $0.01 = $0.08
1st person buys a bubble --> $0.08 accumulated
2nd person buys a bubble --> $0.16 accumulated
* 1st person is paid --> $0.16 - $0.15 = $0.01 accumulated
3rd person buys a bubble --> $0.09 accumulated
4th person buys a bubble --> $0.17 accumulated
* 2nd person is paid --> $0.17 - $0.15 = $0.02 accumulated
And so on...
wongfatty
Jun 10 2004, 07:54 AM
looks very similiar to randomizer for me
go in first and make money; go in late... make money for others.
Akuma
Jun 10 2004, 08:27 AM
| QUOTE (wongfatty @ Jun 10 2004, 03:54 PM) |
looks very similiar to randomizer for me
go in first and make money; go in late... make money for others. |
Randomizers work in a different way.
But you are right:
The sooner you join the more chances you have to win.
Anyway there are some well stablished bubbles run by honest people where you have a higher chance to win -even if you join late.