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It looks like a typical ponzi. It's not yet confirmed however (schemes like this live for about 1 week usually) but just be careful.

Screen Shot 2015-04-01 at 15.37.14.png
 
UdjinM6 said:
It looks like a typical ponzi. It's not yet confirmed however (schemes like this live for about 1 week usually) but just be careful.

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Admins on BitcoinTalk and default trust members do that to all site owners, even if they are legit.

I've been paid, and they're still paying. If you don't believe it you miss the opportunity i suppose :p
 
Bearhug said:
Admins on BitcoinTalk and default trust members do that to all site owners, even if they are legit.

I've been paid, and they're still paying. If you don't believe it you miss the opportunity i suppose :p
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Note that I'm not blocking this thread or banning you for posting it (though I could). I just warn people cause that definitely looks like ponzi http://en.wikipedia.org/wiki/Ponzi_scheme but everyone is free to do whatever they like to their funds.

PS. Will block this ifwhen it will be confirmed as a ponzi. :tongue:
 
UdjinM6 said:
Note that I'm not blocking this thread or banning you for posting it (though I could). I just warn people cause that definitely looks like ponzi http://en.wikipedia.org/wiki/Ponzi_scheme but everyone is free to do whatever they like to their funds.

PS. Will block this ifwhen it will be confirmed as a ponzi. :tongue:
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It can't be a ponzi
on the 6th day it had more paid out in volume than it did invested, that's impossible for a ponzi to achieve as it relies on new investors...so even if they are sort of ponzi-ing it they are still generating interest some how
 
Bearhug said:
It can't be a ponzi
on the 6th day it had more paid out in volume than it did invested, that's impossible for a ponzi to achieve as it relies on new investors...so even if they are sort of ponzi-ing it they are still generating interest some how
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Let's just wait and see... As for invested/paid out ratio... I wouldn't just trust anything you see on sites like that.
 
These are popping up left and right throughout the crypto world. It may work a couple times, but when "they" pull the plug, bye bye DASH (<insert coin name here>)...

Edit: And they all have a very similar layout!
 
Bearhug said:
It can't be a ponzi
on the 6th day it had more paid out in volume than it did invested, that's impossible for a ponzi to achieve as it relies on new investors...so even if they are sort of ponzi-ing it they are still generating interest some how
Click to expand...
I can easily pay myself and post addresses making it look like I paid out more. Further, depending on the initial "investors" I could double their money out of pocket to spur interest and as more volume comes in, walk away laughing.
 
NEVER PLAY THESE SYSTEM games (PONZI) AS LONG AS YOU DON`T HAVE COINS TO THROW AWAY.
 
LOL. Simple bootstrap design. Definetly a ponzi. At least they should have given some effort to modify the bootstrap theme comes with the script.
 
btc thread closed on 03.04.2015, payouts stopped on 04.04.2015. Confirmed as ponzi imo. Closing this thread.
 
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