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Topic: Honest Ponzi Sceme? - page 2. (Read 2295 times)

newbie
Activity: 6
Merit: 0
August 11, 2012, 09:57:57 PM
#5
sounds legit  Wink
legendary
Activity: 2030
Merit: 1000
My money; Our Bitcoin.
August 11, 2012, 09:41:14 PM
#4
an honest Ponzi scheme is an oxymoron...

Well if they are up front and admit that it is a ponzi scheme then I suppose any participants only have themselves to blame if they get burned.    Wink
newbie
Activity: 29
Merit: 0
August 11, 2012, 09:08:52 PM
#3
an honest Ponzi scheme is an oxymoron. The whole concept depends on you not understanding the math.

LOL fair enough.  Did you read the "how it works"?  They outline it and the math looks simple, I'm just bad at math!
newbie
Activity: 42
Merit: 0
August 11, 2012, 09:06:08 PM
#2
an honest Ponzi scheme is an oxymoron. The whole concept depends on you not understanding the math.
newbie
Activity: 29
Merit: 0
August 11, 2012, 09:03:42 PM
#1
http://www.pon-z.com/   https://twitter.com/BitCoinReporter/status/234455466158202880

I read the "how it works" but I don't fully understand the math: if the first guy puts in 1BTC and the second guy puts in 50BTC and then I put in 1BTC what percentage do I get of the next deposit and if 1000 more people after me add deposits do I get a small portion of those to or do I get knocked out by bigger depositors?

Thanks,

Stretch
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