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Thread Review (Newest First)
Posted by Decentralized Investor - 11-10-2017, 11:37 PM
Quote:Ponzi scheme is a fraudulent investment operation where the operator generates returns for older investors through revenue paid by new investors, rather than from legitimate business activities or profit of financial trading. Operators of Ponzi schemes can be either individuals or corporations, and grab the attention of new investors by offering short-term returns that are either abnormally high or unusually consistent.

... based on that definition, I think people can make up their own mind.
Posted by Indozuu - 11-10-2017, 11:34 PM
There definitely are some red flags about it, but then again I know some people making incredible gains - somehow it just seems unethical?

The team behind the project is annonymous, they advertise incredible high returns that is simply unsustainable, and the overall marketing strategy is very MLM like..

Illegal? Probably not.. Unethical? I think so.
Posted by EtherWin - 11-10-2017, 11:30 PM
Hey, ponzi scheme or not - I don't think it's too late to get in for some gains! Getting out on time before this scheme implodes might be tough, though!
Posted by admin - 11-10-2017, 11:18 PM
Some people have made incredible gains with this platform - others call it a ponzi scheme.

Where do you stand?