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Topic: If a pyramid runs forever, is it still a pyramid? (Read 747 times)

hero member
Activity: 2954
Merit: 672
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If this is forever, can you tell me a pyramiding type of company that lasted for 20 years already, I doubt if they could even last 10 years.
This pyramid that offers great return to investors are not bound to last long, it will only make the founder rich at the expense of the investors who are greedy enough to not seeing the offer is too good to be true.
full member
Activity: 1526
Merit: 111
Pepemo.vip
I have been wracking my head trying to figure this out. I've been watching some schemes on cryptocurrencies and even though their complexity is very high, many all boil down to the same basic principle: a ponzi.

What my question is seeking to address is whether these ponzi schemes are indeed ponzi if a surrounding business takes advantage of it.

Ok, I did not make myself clear.

Let's think 3Dimensionally beyond the simple MLM, ponzi.

1. The pyramid is a hierarchical structure right? Now, imagine it being surrounded by legimate businesses. I mean most "complicated" and smart ponzis are like that and can run for decades. Think Bernie Madoff.

2. From the Ponzi, legitimate and real businesses are ran. In fact, an entire eco-system can be built around the simple ponzi. From investing in other legitimate investments to small brick and mortar SMEs, ponzi money can "expand" to so many horizons.

What are examples?

- apparel
- consulting services
- video content
- tradeshow and "TEDtalk" like events with pricey tickets
- VPN hosting services, etc, etc.

These allied businesses, are not in and of themselves "ponzi" but may have been capitalized with ponzi money. Now, if any of these endeavors "takes off" and perpetuates the ponzi or prolongs it, doesn't that make the ponzi not a ponzi?

I thought that a financial pyramid is called so, because it will end one day and people that are involved are going to lose money. But yes, I think if there is a pyramid with a nonstop cashflow, it can last forever and still be called a pyramid.
For me,cases that are considered in a pyramid scheme do not last forever.They will surely stop if they can't lure people about it.But having crypto as a pyramid scheme,this is just a fake news because crypto has evolved more than 10 years and even at the present,we can still benefit and make profits with it.
right, the pyramid system will be detrimental to those who invest in the end, because it is a food for wolves before. but it's different from crypto, which doesn't promise big profits unless we are able to analyze market movements
hero member
Activity: 3052
Merit: 606
I have been wracking my head trying to figure this out. I've been watching some schemes on cryptocurrencies and even though their complexity is very high, many all boil down to the same basic principle: a ponzi.

What my question is seeking to address is whether these ponzi schemes are indeed ponzi if a surrounding business takes advantage of it.

Ok, I did not make myself clear.

Let's think 3Dimensionally beyond the simple MLM, ponzi.

1. The pyramid is a hierarchical structure right? Now, imagine it being surrounded by legimate businesses. I mean most "complicated" and smart ponzis are like that and can run for decades. Think Bernie Madoff.

2. From the Ponzi, legitimate and real businesses are ran. In fact, an entire eco-system can be built around the simple ponzi. From investing in other legitimate investments to small brick and mortar SMEs, ponzi money can "expand" to so many horizons.

What are examples?

- apparel
- consulting services
- video content
- tradeshow and "TEDtalk" like events with pricey tickets
- VPN hosting services, etc, etc.

These allied businesses, are not in and of themselves "ponzi" but may have been capitalized with ponzi money. Now, if any of these endeavors "takes off" and perpetuates the ponzi or prolongs it, doesn't that make the ponzi not a ponzi?

I thought that a financial pyramid is called so, because it will end one day and people that are involved are going to lose money. But yes, I think if there is a pyramid with a nonstop cashflow, it can last forever and still be called a pyramid.
For me,cases that are considered in a pyramid scheme do not last forever.They will surely stop if they can't lure people about it.But having crypto as a pyramid scheme,this is just a fake news because crypto has evolved more than 10 years and even at the present,we can still benefit and make profits with it.
full member
Activity: 700
Merit: 100
Just think that every business is somewhat a ponzi. If no customer is willing to buy your goods, you might as well close down. Isn't that the same with those pyramid schemes?
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
We cannot generalised that all crypto are ponzi, obviously ponzis doesn’t make organic money and only generating it out of their victims. Technically crypto is business if it produces products and services but due to different circumstances and market conditions you can’t predict how the business might last. Ponzi scheme will not disappear its part of history and culture but they evolve.
copper member
Activity: 490
Merit: 2
I have been wracking my head trying to figure this out. I've been watching some schemes on cryptocurrencies and even though their complexity is very high, many all boil down to the same basic principle: a ponzi.

What my question is seeking to address is whether these ponzi schemes are indeed ponzi if a surrounding business takes advantage of it.

Ok, I did not make myself clear.

Let's think 3Dimensionally beyond the simple MLM, ponzi.

1. The pyramid is a hierarchical structure right? Now, imagine it being surrounded by legimate businesses. I mean most "complicated" and smart ponzis are like that and can run for decades. Think Bernie Madoff.

2. From the Ponzi, legitimate and real businesses are ran. In fact, an entire eco-system can be built around the simple ponzi. From investing in other legitimate investments to small brick and mortar SMEs, ponzi money can "expand" to so many horizons.

What are examples?

- apparel
- consulting services
- video content
- tradeshow and "TEDtalk" like events with pricey tickets
- VPN hosting services, etc, etc.

These allied businesses, are not in and of themselves "ponzi" but may have been capitalized with ponzi money. Now, if any of these endeavors "takes off" and perpetuates the ponzi or prolongs it, doesn't that make the ponzi not a ponzi?

I thought that a financial pyramid is called so, because it will end one day and people that are involved are going to lose money. But yes, I think if there is a pyramid with a nonstop cashflow, it can last forever and still be called a pyramid.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
In my country, there were quite a few financial pyramids that did not last too long, because the whole system was designed for the accumulation of a certain capital, after which everything collapsed and the capital disappeared.
It was designed to hit the target then to run away, the system was build to do that and they are good in attracting new participants as they are giving something that was too good to be true, but afterwards when everything was settled they will just disappeared together with the money that they really
wanted to steal from the people who's joining them.
full member
Activity: 826
Merit: 100
I have been wracking my head trying to figure this out. I've been watching some schemes on cryptocurrencies and even though their complexity is very high, many all boil down to the same basic principle: a ponzi.

What my question is seeking to address is whether these ponzi schemes are indeed ponzi if a surrounding business takes advantage of it.

Ok, I did not make myself clear.

Let's think 3Dimensionally beyond the simple MLM, ponzi.

1. The pyramid is a hierarchical structure right? Now, imagine it being surrounded by legimate businesses. I mean most "complicated" and smart ponzis are like that and can run for decades. Think Bernie Madoff.

2. From the Ponzi, legitimate and real businesses are ran. In fact, an entire eco-system can be built around the simple ponzi. From investing in other legitimate investments to small brick and mortar SMEs, ponzi money can "expand" to so many horizons.

What are examples?

- apparel
- consulting services
- video content
- tradeshow and "TEDtalk" like events with pricey tickets
- VPN hosting services, etc, etc.

These allied businesses, are not in and of themselves "ponzi" but may have been capitalized with ponzi money. Now, if any of these endeavors "takes off" and perpetuates the ponzi or prolongs it, doesn't that make the ponzi not a ponzi?

I don't think cryptocurrency can be considered to be like a Ponzi scheme type of investment. First off, there is binaries in it and second is you control your own investment without worrying your pay insurance and payouts unto when you do it.
right, cryptocurrency is not a ponzi, but this is pure trade. not every senior gets a big award, but for those who can take advantage of the opportunity, he will get the benefits. therefore it is not too late to trade on cryptocurrency, opportunities will come continuously, and we must be patient waiting
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
I have been wracking my head trying to figure this out. I've been watching some schemes on cryptocurrencies and even though their complexity is very high, many all boil down to the same basic principle: a ponzi.

What my question is seeking to address is whether these ponzi schemes are indeed ponzi if a surrounding business takes advantage of it.

Ok, I did not make myself clear.

Let's think 3Dimensionally beyond the simple MLM, ponzi.

1. The pyramid is a hierarchical structure right? Now, imagine it being surrounded by legimate businesses. I mean most "complicated" and smart ponzis are like that and can run for decades. Think Bernie Madoff.

2. From the Ponzi, legitimate and real businesses are ran. In fact, an entire eco-system can be built around the simple ponzi. From investing in other legitimate investments to small brick and mortar SMEs, ponzi money can "expand" to so many horizons.

What are examples?

- apparel
- consulting services
- video content
- tradeshow and "TEDtalk" like events with pricey tickets
- VPN hosting services, etc, etc.

These allied businesses, are not in and of themselves "ponzi" but may have been capitalized with ponzi money. Now, if any of these endeavors "takes off" and perpetuates the ponzi or prolongs it, doesn't that make the ponzi not a ponzi?

I don't think cryptocurrency can be considered to be like a Ponzi scheme type of investment. First off, there is binaries in it and second is you control your own investment without worrying your pay insurance and payouts unto when you do it.
member
Activity: 980
Merit: 62
I have been wracking my head trying to figure this out. I've been watching some schemes on cryptocurrencies and even though their complexity is very high, many all boil down to the same basic principle: a ponzi.

What my question is seeking to address is whether these ponzi schemes are indeed ponzi if a surrounding business takes advantage of it.

Ok, I did not make myself clear.

Let's think 3Dimensionally beyond the simple MLM, ponzi.

1. The pyramid is a hierarchical structure right? Now, imagine it being surrounded by legimate businesses. I mean most "complicated" and smart ponzis are like that and can run for decades. Think Bernie Madoff.

2. From the Ponzi, legitimate and real businesses are ran. In fact, an entire eco-system can be built around the simple ponzi. From investing in other legitimate investments to small brick and mortar SMEs, ponzi money can "expand" to so many horizons.

What are examples?

- apparel
- consulting services
- video content
- tradeshow and "TEDtalk" like events with pricey tickets
- VPN hosting services, etc, etc.

These allied businesses, are not in and of themselves "ponzi" but may have been capitalized with ponzi money. Now, if any of these endeavors "takes off" and perpetuates the ponzi or prolongs it, doesn't that make the ponzi not a ponzi?

Those two doesn't correlate to each other.
If it is a pyramid then that seems that it will stop in the future.
If it never stops then it is not a pyramid.
In my opinion, if there is even the smallest indication that it is a pyramid, thus a ponzi scheme, then so it is. 
legendary
Activity: 1792
Merit: 1283
I have a grandmother (who owns a small factory) and uses/used this kind of scheme to improve her workers wages and the workers were/are actually doing well. I know one of her male worker who lived quite comfortably compared to his neighbors.

I learned the so called pyramid/ponzi scheme is ancient to our culture and that it was used to sustain communities in difficult times. It still works for them to thesedays.

So, would you encourage me to go tell my grandmother to abandon this scheme because government and Internet people think it is evil or illegal? Well, thank goodness the local authorities do not interfere too much in the people's lives and culture there. And it is a thriving community that depends less on government,

I think such scheme could be ran properly and sustainably if done right

Which country are you from? That's the first time I've ever seen someone mention that Ponzi schemes are inherent to their culture.
Are you sure you're actually talking about ponzi schemes?

I.e. paying out old investors with money brought in by new investors, without doing anything else with that money?
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!

1. The pyramid is a hierarchical structure right? Now, imagine it being surrounded by legimate businesses. I mean most "complicated" and smart ponzis are like that and can run for decades. Think Bernie Madoff.
First off, no pyramid runs forever. They all have an expiring date for the dirty business to come to an end. You saw how Madoff ended and the appropriate sentencing he got for that scheme, right? The scheme is like a vampire. There must always be regular new entrants ("blood") supply to sustain the gluttonous old members to keep it going. Once supply is cut off, the scheme dies off. It's the normal circle for ponzi schemes. There is always a day of reckoning.
hero member
Activity: 1806
Merit: 672
Let's think 3Dimensionally beyond the simple MLM, ponzi.

1. The pyramid is a hierarchical structure right? Now, imagine it being surrounded by legimate businesses. I mean most "complicated" and smart ponzis are like that and can run for decades. Think Bernie Madoff.

You are only talking about MLM here or networking where they have real products but the main way to earn here is through commissions by their referrals. Unlike Ponzi schemes/HYIPs famous in the internet which they claim they drill oil, harvest solar power all of which are false businesses to begin with. MLMs stand to survive because one they are legal and two they sell products at an unreasonable rate and the way their recruiters work which are on the top of the pyramid sells vigorously that they don't care what the products worth right now they just want to earn like them as well.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I definitely like this point of view. Exhaustion of available fools! LOL  I don't understand why MLM schemes are still proliferating nowadays. Maybe, hoping that someday they will get rich from their downlines? But it is like taking advantage of those gullible people who are now stuck to the idea that they will get rich also from their future referrals.  Roll Eyes
This keeps happening because most people do not have a financial education, they do not understand how the economy works, they do not understand money, loans compounding interest or how to distinguish a good investment opportunity from one that is a scam, just look at bitconnect which was a ponzi scheme, many trusted members warned that it was a ponzi but people wanted to believe this time was different and they were laughing at the accusations only to be proven wrong in January of 2018.
hero member
Activity: 1862
Merit: 830
If the pyramid they you talk about is in the limelight and it is indeed a ponzi scheme then it is hard to think that the government won't do anything or the people who has been duped won't just sue them after facing problems due to that schemes .

It is not actually the problem of the institutions , people need to learn after seeing them do all this , they need to know that there is nothing in this world for free and at the same time if there is something that is too good to be true then you should rather stay away from that thing.

Avoid unauthorized institutions, don't get involved with the ones who do not have any reviews online and haven't been tested .
legendary
Activity: 2884
Merit: 1117
Leading Crypto Sports Betting & Casino Platform
I have seen plenty of mlm type of ICO as well and nobody talks about that, it was the worst type of coin offering I have seen and nobody really cares about it. You pay a certain amount of money to get that coin from another person and then that person keeps their coin plus gives you their coin, then you sell it to someone else and you keep yours but get your money back and you can sell it to as many people as possible.

It is literally that way that they are getting funded as well as mining that as well. It is the worst thing that happened to crypto currency because we already have the ponzi schemes in the world as of right now and we do not need it to come to crypto as well, we have something good here and we do not want it to get blown off neither, we just want to keep it as it is.
full member
Activity: 334
Merit: 100
Lol, maybe after building those legitimate businesses, those that are behind the ponzi scheme might decide that it is time they stop this ponzi thing and focus on the real business… so what do you think is going to happen when they decide to make this kind of decision? A ponzi is still what it is, though there is the possibility that it can run for a long time, but if these business decides that they are no longer going to be part of it, then that means that it is over… unless that community continues to grow. Take for example – Bitcoin. The thing that is holding Bitcoin is the strong community… and since it keeps on growing, it will be difficult for Bitcoin to stop.
hero member
Activity: 1232
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2. From the Ponzi, legitimate and real businesses are ran. In fact, an entire eco-system can be built around the simple ponzi. From investing in other legitimate investments to small brick and mortar SMEs, ponzi money can "expand" to so many horizons.
~
These allied businesses, are not in and of themselves "ponzi" but may have been capitalized with ponzi money. Now, if any of these endeavors "takes off" and perpetuates the ponzi or prolongs it, doesn't that make the ponzi not a ponzi?
ponzi only relies on cash inflows from new investors to pay the investment interest of old investors
we would not call it a ponzi scheme if it has real business activities that can generate income
and a long lasting pyramid is just a ponzi that runs with good cash management
sooner or later, as more investors cashing out their money, the pyramid will collapse
Ucy
sr. member
Activity: 2576
Merit: 402
Bisq is a Bitcoin Fiat Dex. Use responsibly
I have a grandmother (who owns a small factory) and uses/used this kind of scheme to improve her workers wages and the workers were/are actually doing well. I know one of her male worker who lived quite comfortably compared to his neighbors.

I learned the so called pyramid/ponzi scheme is ancient to our culture and that it was used to sustain communities in difficult times. It still works for them to thesedays.

So, would you encourage me to go tell my grandmother to abandon this scheme because government and Internet people think it is evil or illegal? Well, thank goodness the local authorities do not interfere too much in the people's lives and culture there. And it is a thriving community that depends less on government,

I think such scheme could be ran properly and sustainably if done right
member
Activity: 476
Merit: 88
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I think there is no pyramid that will run forever, either they get bankrupt in the long run or they get stopped by the government.
I know some long run ponzi scheme which ran for 5 years already with millions of members, they give a return of at least 30% per month and they have a lot of business under the name of the investment scheme, there was no complaint from clients but the government sees this is a big risk as they offer a big percentage which they cannot justify properly, the stand of the government is no investment can give you a consistent 30% per month.

The government job here is to prevent if it's still possible so stopping a ponzi could end it's operation abruptly.

But there are countries, where there are Ponzi schemes, are even state-owned like the pension systems!
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