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Title: will this be a form of piramid scheme? Post by: vite on May 03, 2013, 12:12:58 AM http://www.zurker.com/
Pegged to 22 currencies yet no information as to how the "zen" currency is infact issued. And they sure give bitcoins a bashing on their sister site. Title: Re: will this be a form of piramid scheme? Post by: herzmeister on June 07, 2013, 01:12:38 PM isn't necessarily a pyramid scheme, but it's centrally issued and managed.
Title: Re: will this be a form of piramid scheme? Post by: greyhawk on June 07, 2013, 01:16:40 PM It's pretty much a pyramid scheme: http://manurevah.com/blah/en/blog/Zurker---Making-Pyramids-Appear-Flat
Cue a thousand *coiners going: "A pyramid scheme? Where can I sign up for that?" Title: Re: will this be a form of piramid scheme? Post by: mprep on June 07, 2013, 01:22:25 PM It's pretty much a pyramid scheme: http://manurevah.com/blah/en/blog/Zurker---Making-Pyramids-Appear-Flat Guess some people quickly fall for various schemes.Cue a thousand *coiners going: "A pyramid scheme? Where can I sign up for that?" Title: Re: will this be a form of piramid scheme? Post by: greyhawk on June 07, 2013, 01:24:53 PM It's pretty much a pyramid scheme: http://manurevah.com/blah/en/blog/Zurker---Making-Pyramids-Appear-Flat Guess some people quickly fall for various schemes.Cue a thousand *coiners going: "A pyramid scheme? Where can I sign up for that?" Not so much "fall for", but *coiners have a history of overestimating their own abilities expecting to ride the pyramid on top, then invariably drowning when the whole thing inevitably sinks. See pirate, miningunited, etc. etc. etc. Title: Re: will this be a form of piramid scheme? Post by: herzmeister on June 07, 2013, 01:26:10 PM yeah, they have this vShare thing going, which might be a pyramid scam (I haven't looked into it).
but their Zen currency is something different and new, they just trade it 1:1. Like Liberty Reserve etc essentially. |