BEFORE READING ANY FURTHER I AM NOT SHILLING FOR CRYPTOBOOST. I HAVE NO CLUE IF ITS SCAMMING OR WHAT IS GOING ON BEHIND THE SCENES WHAT I AM SAYING IS I KNOW HOW HIS PROGRAM WORKS AND JUST WANT TO EXPLAIN. Please ponzi police, no harm done.
Either you are an idiot or you are intentionally ignoring the fact that this scheme is no different from any other, it takes money from later users and gives it to the earlier ones as a reward for their help in keeping the scam running.
It doesn't produce anything, it doesn't invest anything, it makes no profit other than through theft.
To participate in the face of these facts makes one an accomplice to fraud and theft and, therefore, untrustworthy.
Sure go ahead. Call me an idiot before reading what I wrote. It's not like that's an important part of anything.
Of fucking course I know he uses later funds to pay newer funds. That's why I used the term ponzi about 20 billion times (of course you're too literal, it's a hyperbole). But here's the problem with this site: it never said you will get paid with a return because (insert excuse here). It literally said EVERYWHERE that it pays!
I totally believe that a ponzi should not run if it lies to its users saying that it earns profit from another way.
But seeing as this is Bitcoin, we have the right to put our money where we want. The admin said it's a ponzi in almost every post so there was no need for you big red text.I already explained how the site works because I open my fucking eyes in the morning and refuse to repeat. However please understand that you (as some police force or whatever you think you are) should be going after the people LYING. These guys didn't lie about how it worked! We chose to invest and if we lost we had to except that! It was written on the site.
Now, THERE ARE HIGH SUSPICIONS OF THIS SITE HAVING SCAMMED AND THUS THE ADMIN LIED. THAT'S WHERE YOU GIVE A NEGATIVE TRUST TO A SHILLER OR THE ADMIN.
And don't be confused. I am NOT shilling for the site, here. All I am saying is this was literally a gambling site that explained itself and we chose to invest. If it said they earned profit from trading then I'd be critical. They didn't I except that.
Now, right now, you should negative people for promoting it because NOW it is a scam.