That's what I thought when I first read about it.
It's actually a game modelled after a Ponzi scheme [if run honestly]. Sort of a sadistic form of gambling. Look into it if you like: http://ponzicoin.co.
Topic: Why on earth is bitcointalk running adds for a pyramid scheme ? - page 2. (Read 1366 times)
This forum is running adds for ponzicoin.co
This is an obvious pyramid scheme that will sooner or later collapse for sure and a lot of people will loose their money.
When this happens a lot of people are going to use this as ammunition against bitcoin. Like look bitcoin scam, bitcoin pyramid, bitcoin ponzi etc endorsed by bitcointalk, that what they gonna say.
I think it is a very bad idea for bitcointalk to be running these adds
This is an obvious pyramid scheme that will sooner or later collapse for sure and a lot of people will loose their money.
When this happens a lot of people are going to use this as ammunition against bitcoin. Like look bitcoin scam, bitcoin pyramid, bitcoin ponzi etc endorsed by bitcointalk, that what they gonna say.
I think it is a very bad idea for bitcointalk to be running these adds
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