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I think I do not need to explain what I mean by ponzi crypto scam. Every week I see at least ten new ponzi scheme scams.

They often offer something like 100% interest per 24h (or something similar). They commonly run for quite a few weeks (or months sometimes) before "they go scam" publicly. The obvious idea how to exploit them is to invest something small at the first day, withdraw it as fast as possible and repeat just with the interests from the previous bet (and of course take some money away from every successful round).

Has anyone tried that? Have you been successful? Is this kind of gambling popular/common. Has it name?

Newbies for sure and I’m confident that gamblers here are not dealing with those Ponzi scheme, we have to stay away from that shit scheme and gamble only with the legit site and free yourself from a big stress of getting scammed. I will never try to gamble on a suspicious gambling site, I’m fine playing on the trusted site so its not worth the risk to try a new one.

Ponzi schemes are just waste of time once you fully understand that you're not making any profits from it, maybe you do but it's so little that's not even worth to stay up all night watching your money you deposited makes profits for you to be able to withdraw it in an instant because you're afraid it may run.

I've tried risking my money from it when I was just a newbie, but only once, since I was not happy about the profits I was making way back then. If you would be lured by their marketing strategy like the percentage of their return investment, I hope you do the math first to avoid wasting your precious time on dealing with such a trash way of making money.

i won't participate on such thing, i haven't encountered yet a ponzi in gambling actually i was wondering how was that? for what i have known the ponzi scheme is more related to investment stuff and the likes.

Never joined or invested in something like this. Never have any plans either. It is pretty stupid for anyone to proceed with a ponzi investment even if he knows from the very beginning that what he's about to enter is a scam.

Only an unbelievable amount of greed can push you toward an investment like this. And even if you made profit from this, would your soul be at rest knowing that your huge and quick profit means a huge loss to another one? If you are very much aware of this and yet still decide to support it for the easy money instead of reporting it to the authorities and discouraging people to enter, you are part of the crime.

I'm not quite sure what do you mean by to gamble with ponzi scheme? do you mean to invest to ponzi scheme on hoping that you would get a profit? looks like that what you wanted to say. But honestly don't invest or deal with anything that is ponzi related it's really wrong whenever you look at it.

It seems that you understand what I am asking. Thanks. I was afraid that I ask it totally wrong (according to the number of responses NOT answering any of my questions).

However, can you elaborate your reply more? It sounds more like opinion than experience or knowledge.

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[1.] https://en.wikipedia.org/wiki/Ponzi_scheme

Thanks again. I ask why do you think there is no way to exploint their scheme. I have not ask how the scheme work (that is elementary school knowledge). I am probably the worst asker on the world.

If your asking about that here then provably there are no users here are still risking theirselves on investing/gambling on Ponzi scheme platforms since many are aware on what will be the ending of the game and the only winner of that are the scammers who operates the said platform. But you can find those people who's trying their luck on social media since I still saw people keep asking a details about those scam platforms around.

And if you want to gamble on it better save your money and find another things to invest since Ponzi scheme cannot bring better life unto us.

This is not a gamble, not even gamblers would say it's gambling


The program name is HYIP (High Yield Investment Program).

My advice is never to give your money in a program like this, just use your logic how can they give high return in short time.

It's not really a good idea to participate into any ponzi schemes and try to gamble your many in hopes of getting a high and quick profit. You'll just waste your money and time.

No, and people should not support this kind of program, it's a first in first out program and you never know when it will stop paying, people have a misconception that it's an early bird kind of stuff where if you are an early investor you are likely to make a profit, that is an average Ponzi scheme, but I have seen a Ponzi Scheme where the project closed after 24 hours, after investors who want to make early profit deposits.
Ponzi Scheme is meant to scam people even on day one so don't believe that you will make a profit here.

Fair point. However according to my observation and the [1], it seems many of them are running for some time. So I guess it should be possible to calcuate some average expiration date and with some other metric (number of users in first days, size for returns) it should be possible overcome this issue in a long run (hundreds of scams).

IMHO I think "went scam already" problem is possible to overcome with bankroll management. I would expect there will be other less predictable problems. That is why I am asking if someone tried that.


[1] Vasek, Marie, and Tyler Moore. "Analyzing the Bitcoin Ponzi scheme ecosystem." International Conference on Financial Cryptography and Data Security. Springer, Berlin, Heidelberg, 2018

I won't transfer at least a cent to any ponzi scheme this kind of things should not be supported since they are just deceiving people. I really don't think any gamblers here would try their chance in investing to ponzi schemes, we still prefer playing casinos and sports betting than investing to that.

Don't ever try anything in gambling especially with the name of a ponzi scheme, this is a trick that has been around for a long time and no one is as lucky in investing as even if it gives a big return. Just leave it like this because it will drain your money.

In essence, don't ever be tempted by the returns they offer, including gambling or the investment that is at stake, of course at first it will be normal, but after a few deposits have been made, it will be a scamer, I have been a victim since we were aware of it. not a good thing for us to follow.

We never know that hiw long they will run legit before pulling out their scam strategy because there is no common rule exist they they will run for few weeks,they can go scam even in the next day itself so its all about how much target they are having to reach on that attempt. And we can't call it as gambling because this is just pure stupid in my opinion.

Thanks for opinion! It seems that a lot of people here support your point of view.  I generally agree with that, but I would add one more not so obvious point:

- you cannot really report the Ponzi scheme sites - or you can, bud nobody listen and care. I have never heard about anyone who get the money back
- if someone can shutdown Ponzi scheme, because your report, it still does not matter, because:
- that insane number of Ponzi sites are emerging because people are greedy - and this is problem of lack of the math education, not law
- on the other hand, if you participate and make profit, you steal that money from scamers, not from their victims - basically this is only way to stop any internet crime - push it in the zone of no profit

Otherwise as all of you said - Ponzi scheme is a fraud, in many countries it is directly a crime. And it is really bad idea to help criminals get profit. No discussion about that.

When I was a newbie, I did try some ponzi sites in the past but I did not put a big amount on that ponzi scheme sites.
It was nice on beginning when I could earn some money with it but at the end I lost some money because getting scammed.
It was a good lesson for me obviously, after that time I'm not interested to invest my money on such ponzi scheme sites.
Anyway I'm curious why there are still many people launch ponzi scheme sites and there are still many people being fooled with it.

Only newbies are easily hooked to Ponzi schemes, categorically they don’t belong to gambling. Ponzi investments shouldn’t be entertained, they are doomed to collapse anytime and only founders are benefiting from these frauds. The level of risk is different when you’re really gambling though.

Fist of all a scheme won't state that it's Ponzi or such . Most of the times you can even go through our previous messages, the deleted posts and for sure you will find plenty. Many people try and wrongly advertise on this place and at the same time, there is a very well know rule which states that :
If it sounds too good to be true it's a scam
This work for almost every situation , not even gaming alone. You have to understand that , you have to only use the trusted websites, if you want to try some new we sites then you can go for the ones which are getting involved in campaigns etc. But never send money to any site that make promises like that.

Plus I don't think many people here did fall for it.

I will strongly advice against doing something like this, to begin with you are taking an unnecessary risk in something that you know it is a complete scam when there are so many ways in this market to make money with good projects.

However the worst part of this plan is that even if you are successful on doing this and obtain money out of this risky behaviour you must know that you are benefiting from the misery of others, ponzi scams are impossible to maintain and while someone that invested in this not knowing what it was and earned money should consider himself lucky, someone that obtains profits while knowing this was a scam all along is on my mind no better than the scammers behind this fraud.

Actually only newbie in crypto currency will try to gamble with this kind of ponzi scam because they always thought that this is the easiest way for them to earn money by working easy and by investing tons of money. That they didn't know that at the end they losing and not earning ofcourse at first they receiving money from the scam service , they can only get 10% of their investment not full ROI. I always advice my friends who always gamble with this kind. It just a waste of money and also time. Their always a risk of course but why not try to those hard where you can actually be sure with your money.

Here is a thing, you have $5! It's better to place bet on red than to invest them in any kind of scheme, especially not in ponzi scheme! At least with roulette (or you can choose any other game) you know your chances, and you will win occasionally (if you repeat the process once per day), with ponzi you will have just loses!
I tried doubling sites when I was a newbie, lost a few mBTC's...maybe 10-20 dollars in that time, and never again after that! With gambling you know your position and your odds, and it's very important to know those two things, if you wish your next move to be meaningful, in life and gambling!

There's no point as you always at risk, even they've claimed it as new you ain't sure that you'll be able to withdrawn your funds once
you already sent it to them.

Like many have said, newbies mostly being victimized as they are always aiming for quick outcome, some experienced gamblers or followers also have it tried thinking that they'll be able ride while it's still hot.

But since it's Ponzi there's no guarantee and those who take the risk already accepts their
fate in case they've lose their money, better to find other things instead of trying your luck
and feeding those scammers.

The other thread that I've been is differentiating investing and staking, this thread is describing gambling and investing.

Btw, I will not take risk or gamble with ponzi schemes. As obvious, there's no need to take risk my money on it if I'm aware that they can run anytime with my money. That doesn't make sense if you are aware of the scam then you still proceeded.

I'm sure none of the members of this forum will be interested in trying a crypto ponzi scheme. Because many people have been
harmed by trying the ponzi scheme, it is best to avoid seeking profit from the ponzi scheme. In fact, I also experienced losses
when investing in a ponzi scheme when I first got to know crypto. Fortunately at that time I was not investing a lot.

I believe yes, but not the type of Ponzi schemes you've mentioned. The ones I invested in (in the very early days of such Ponzi schemes) were those doubler sites in which we just need to send our BTC at the given address of the site and just wait (and pray with joined hands) that someone comes in and becomes the last to push the line ahead where we people who entered first, get paid. It gave me around BTC0.5 when BTC wasn't even $1k.


Umm, there's a saying that "easy money never digests" and so happened with me. I was successful in gaining that BTC0.5 but I went too ill that I got hospitalized and I paid much more than that amount. So, it's better if you earn your money rather than "gambling your crypto into scams". There's no guarantee either that you'll even make a penny out of it if it was intended to be a short term scam. And about name, no I don't believe we've got any name for it.

It is not hard to detect the Ponzi scheme nowadays, average JOE can easily find the basic things using search engines. The experienced gamblers know what and when to do if there is an opportunity, if not they create the opportunity by finding gaps. Buying any kind of software of using the data from third-parties is not guaranteed for success and it can be the reason for bad consequences, unfortunately.

No, so far I haven't tried it. I always avoid to play in any gambling place that I think it will go to scam. Although they offer many benefit like an interest or even doubling my deposit for the first time deposit. I only use an old gambling place platform that has been trusted by so many user here and actually I always choose the platform that born in this forum. I mean, they have an announment here and they try to promote the gambling place through this forum like signature campaign. By this way, I have a less risk to getting scammed because if the platform has indicated to be scam platform/ponzi scam platform then I will know it by someone in the forum like in scam accusation board.

Gambling in the sense that you are dealing or playing with fire or do talk about the risk but this one isnt a gambling game that we do know typically.

Im much aware about those ponzi and you are just basically talking about hit and run kind of strategy.Does it really work? yes, if you're lucky enough

yet most of those scammy sites do closes up without even reaching for a day or gone scam.So you would end up on losing money even how small it is
but if you do able to reach out for 1 day then that will really be some profits but if i were you then it isnt really that worth to consider.

Absolutely not. How could we anyone consider possibility to be a part of a scam that he's completely aware of? Not just because of risk and possible loss but because of fact that this you will be part of activity that would harm others and steal their money. From my point of view this is completely unacceptable and I strongly advise not to participate in something like that.

i dont think users from the forum can be screwed by these ponzi schemes. because most of the time, they are already busted as soon as they post their announcement in this forum. there are many scam busters here and they create report in the scam accusations board. so these ponzi scheme projects dont prosper in the forum. maybe outside this forum, there are gullible investors that can fall to this trap. but here? dont think you can find them.

Well, for me, not so far.
But if there is and a newly build gamble Ponzi scheme, you can try to play a risk, -- the same thing as what happened to my friend, he was aware of joining a Ponzi scheme project, after a week of investment and he saw that there is a profit, he quickly has withdrawn and never come back. You can play a fire but make sure it will not burn out your money.

By reading all the post of the users we can actually say that users here cannot be easily fooled by this kind scheme since this is so much used to scam people here before and I think the users take enough dose from the scam happen in the past. I do not see much Ponzi promoted here since they are been flagged immediately that's why scammers are now on social media networks finding some newbie victims for their schemes.

I will not do or participate in any of that thing. It will only waste my money. But yes I tried before 3 or 4years ago I always join in different HYIP, after a day I always left that website because I know what will happen, but I learned my lesson, I don't want to waste my time, my time is also equivalent to my money so I don't want to lose the both of it.

Only tried it once and I realized that it should not be supported because many investors are going to lose money than those who are going to make a profit, maybe 2 of the investors who made a profit here 20 are going to lose their money, it's worse than gambling because they are not transparent, they are fooling their people with their so-called plan and they targeted people's dream of making money online, this is scam presented in a nice way.

The Ponzi scheme itself may be called an analogue of gambling. This refers to cases where a person knows how this scheme can end and contributes his money to it in the hope that he will return his money in a few days and will continue to receive only profit. Gambling in this is that a person can not be sure that he will return at least his deposit.

Ponzi schemes were profitable before but not anymore. I have read before that some started their crypto journey in ponzi since only fee knew crypto before they were able to earn in just a short time but now we should be all smarter in choosing were to invest or put our money, we should avoid ponzi at any cost.

I don't think I participated in such scam/services. To be honest, I don't think I even gamble out of a gambling site that I usually visit. This is the reason, these promos or schemes are so normal in our community that is the reason why people should take care of their funds because it might really bite them off when they ride with it.

Never ever join in ponzi, it's too dangerous to do so since we will never when will it just disappear. The problem nowadays people did not know how to identify ponzi and just join whenever they thought it's profitable without thinking more or they were just influenced by others. Always make research or ask here in forum to get insights of whatever projects we wanted to join with.

No, as i don't believe such thing like that can multiply our money in short time. It's all BS and waste our time and money obviously. If they can really multiply people's money in very short time, they will multiply their own money and keep it by themselves. That's all i do believe

I have been involved in such activities when I was young and naive but my mind has been changed a lot since 2014. There were ponzi website comparison websites and mostly it was in the Russian language. After checking the profit rate, I have made a small investment under the name of business-angle and the website has been closed in 3 months. The wheel turns as explained, the new similar service will be there 1 week later. I still feel bad for the days when I was naive.

I'm not a type of people who can easily deceived by scammers around the internet, if I saw a link saying " you can double your investment with just 24 hrs" I'll just laugh because it is too obvious that I'm dealing with scams. It is really the fault of the victim if he falls to a scam because he didn't first make investment in his/her knowledge first before putting his money on that scam investment. I didn't yet try and I do not have any plan to make investment in ponzi scheme because for me it is a pure lose. There are people who cannot differentiate what is gambling and investing, you can call it investing if you are putting your money in something you know where you can make gains while in gambling is you are putting your money in ponzi scheme or in a investment that you are not sure what you are doing. You will just waste a lot of time and money if you will not avoid those shitty ponzi scheme around the marketplace.

The ponzi system is very much different from gambling even with bitcoin, compared to investing in ponzi, I prefer gambling, many ponzi sites offer huge profits even up to 10% to 40% per day with the risk of ponzi only lasting a few days. In fact, now many ponzi projects use bitcoin and altcoin as their means of payment. This aims to attract the interest of many investors as if they were investing in bitcoin or altcoin, even though it is very clear that bitcoin is only a medium of exchange, not an investment. Now we have to change the mindset of the crowd and have to be able to differentiate between the ponzi and the actual investment, if there is an offer with unreasonable profit every day it is very clear as a ponzi work scheme.

From this sentence you already knew what Ponzi means and with deep perspective.

But here you are asking us if we did "TRY" to play in those ponzi sites?no person in His bright and rightful mind that
will risk His money and spend precious time in sites that is not reputable and more to scam you.

Sorry but i found this question inappropriate or maybe just for me since i am a gambler for long time now.

I had my encounters with this kind of gambling schemes too, I did the right decision on not doing what OP said cause I find it as a waste of time, the profit is not worth it and Icould have gone through other legit endeavors. There are a lot of these flying around and hopefully they do not get victims and scambusters take them down. Just gamble the old way, shortcuts tend to be dead ends.

that is if you can still withdrew . with this kind of gambling sites that are scam they do have a manual withdrawal and they hold your withdrawals first before you can do it . they wont allow small transfers because they are scam but let say they arent and your goal is to only exploit them and earn small profit why not gamble on those trusted casinos instead ? that way you cant get scammed but your still going to deal with the traditional risk . playing small amounts on ponzi sites can still be a good idea so that we can expose them if we found out that they wont pay .

Ponzi schemes in this crypto era will not give you the chance of winning or in other words the interest rates as they promised even if you are their early player.

This business is full of manipulations to attract investors and only has 3 possibilities if you are involved:
- 1% chance of your full capital returned
- 49.5% chance of your money being taken away
- 49.5% chance that you will be blackmailed by reason of liquidity or a promise of your money back, but you actually lose more.

I don't take part in Ponzi crypto scam because I got a bad experience in the past, and I don't want to get the same experience. If you already know if that site is a scam, you can skip the site and don't take part because you will lose your money no matter if they offer to give you the profit in the short term. But new people in crypto will temp and join with that Ponzi scheme, and they will deposit some money to expect of making a lot of money in the short term. Maybe some of them are really making the profit, and I think that is because they are lucky enough to get the profit.

It does ring a bell. Ponzi gambling sites will not ofcourse, announce that they are. You will just know it eventually. It could also be from the reputation it created to those players who have experienced playing in such sites. Some gambling sites are labeled as scams or fraud but as long as those sites are existing, and there are players still falling for it, the cycle will continue. There are just gamblers who are not checking the reviews of a gambling site before engaging into it. Some scam sites are just creating another sites once their site is busted, to continue the scheme, so better be careful.

I guess a lot of people does that. Ponzi schemes are so obvious that they are going to scam, yet people still invest in those schemes. This primarily because they wish to test out their luck. They know that the ponzi schemes first try to earn peoples trust by paying them (with high rewards) before scamming everyone. Those ponzi investors know that if they get in first and exit early, they might be able to make some profit. So they gamble their way into making profit from ponzi schemes. But little do they know that all they are doing is just encouraging the scammers to scam more poeple!

I would rather avoid that at all cost! Ponzi are known scam, so when you see a ponzi scheme starting up today, you already know that this ponzi will become scam in few days or weeks! So why take chance?

If I go back to 2008 - 2009 time, we used to have few ponzi scheme that ran for over few years. I still remember one name - Geniusfunds where I personally had a big investment! That was a time when ponzis used to run for few months. But now it's just a known scam business!

Not even the biggest bank in the world can give you 100% profit in 24 hours, you are fooling yourself if you think that you can get that percentage, people get into the Ponzi scheme because it's the quickest way to earn money by inviting newbies to get into the system by posting their payment proof, I would not even think of inviting my friends here or else I will lose my friends for betraying their trust.   

There have been lots of ponzi back 2016 including the ones like cloud mining and there's the biggest ponzi like Bitconnect. I have invested in that bitconnect at the very start which I profit because before the price hit $50, I already dumped what I got. If I only knew it would go up more than $500, I would have waited. Today it's very risky to invest because scams today don't even allow us to withdraw anymore.

So far I have not invested in a ponzi scheme related to gambling.

I'm pretty sure ponzi schemes DON'T return anything. They're just numbers that are on their website that are really just that, numbers. They don't really represent any amount of money, and is simply used to fool those that participate in thinking they actually own something. Even if they do pay out something, it would be towards internal participants that are into the scheme itself. They're the ones that prove that the scheme is "legit" by giving out how they cashed out, proofs and all. It's all a scam, no profit would be obtained even if you invest a bit and exit early. The moment you send them your funds, your funds are technically locked away from your ownership FOREVER. It's not yours anymore, and no amount would ever be returned to you, ever.

It's like giving them a bill of money, while they draw a similar bill, but higher, and give you that drawing, saying that "here's your return" kind of thing.

Nice of you and lucky that you didn't got trapped in such schemes. I actually got scammed one time when a website promised they were doing some kind of cloud mining and in the name of cloud mining they would actually run a ponzi and I lost some small amount but that experience helped me a lot because now I don't fall for such scams and I have understood that online cloud mining is actually not as good as it might seem.

I see so many ponzi and some are even paying initially so attract more players but at the end of it, there will be more victims than people who profit so it makes no sense to try a ponzi knowingly and yeah there were massive ponzi's like the plustoken scam but they all come to an end some day so better to stay away with it.

I have never tried gambling on a gambling site that is likely to be running a Ponzi scheme...
I am not easily attracted by the bonuses offered because most likely it is just an attraction. there have been many cases where gambling sites that usually offer big bonuses must have had problems with withdrawals.

No. It's not gambling, this is wasting money.
because it's just a scam and you are only risking money. Plus site like this can't never afford return of 100% so they will scam from the scratch.
By definition you are giving money to some one with malicious intent.It's also not ethical. Because helping this site providing cash will provide a reason to be open again since there is always people that will make a try.

This is too risky but if you will be desperate to having profit in a quicker way, just try to join if the Ponzi scheme was running a few days ago. But at least you know the risk that you have joined that possible your money will I guess wipe out sooner or later.

I have known a lot of gambling sites like this but I never join, because I don't want to risk my money and will regret it someday. It's better to invest in reputable gambling sites that offer investment in bankroll because they are surely giving ROI to the investors. Dont be too greedy, small profit but surely repayment will be recommended at me.

Are those the one who will ask you to find users to invest and you will get a profit from them. Never gonna waste time finding user to invest to a ponzi project the profit you will get came from future investors and not from the project itself so you are just deceiving future peoples so you will have a profit.

I don't agree with participating in ponzi schemes even if you know that it is a gamble. A lot of the participants might not know it so they put in more they can afford to lose. This is an ethical problem for me, but it is just how I feel. Maybe I care too much, Idk...

Also by participating in these schemes you encourage their growth.

Guilty here. But this was at the end of 2010, and not even using Bitcoin (I did not know about it yet). Locally we have many types of ponzi scam games and when I first got it,,, it was from my friends who shared looking similar to MLM and done just with other types of digital money (paypal for example). I was not aware of hyip being around for years at the time. Learnt my lessons,,, never again.

100% in 24 hours is not impossible for an investment unless they will scam someone or they will place it on a bet and win.
I don't really trust personally the ponzi scheme since it's ponzi it's a fraud and it is deceiving other people to gain profit.
Well it is still up to you however it is risky since it's doing something illegal and of course it won't take long and will be closed.

well I think you are very lucky because maybe some people who are here have experienced that, indeed when a gambling place has a ponzi scheme it is obvious but usually players ignore it, I prefer a neutral gambling place without a ponzi scheme even though it has potential losing all the assets used for gambling.

People who fall to Ponzi Scheme are ignorant and are not thinking how can unknown people pay investors 100% where are they going to get money to pay these investors, even a loan shark cannot make an income that fast, they see the profit but never the trus motives of the people behind the project and they will only know it when it's to late.

never. i wouldn't waste my money on such scheme i would still prefer on casino and sports betting since there's really a chance that you can get 100% not in 24 hours but just in an hour or minutes if you are lucky enough and also i know that i get a clean money (from winning)

I am one time and it's a learning process for me I was a late investing and I only cash out twice and lose 95% of my money, that was such a big lesson and from then on anything that will say guaranteed income I shunned or avoid them, there's no such thing as guaranteed income especially from people who are unknown.

Actually I had profited from one of these kind of ponzi schemes. I saw one site recently open literally 1 or 2 hours and there where like less than 100 depositor. I deposited $100 and I got what they promised doubled in 6hrs in exactly 6hrs. I know it is a scam but I just wanna test and risk if I can at least receive money when they are freshly launch because they are paying first members in the site.
Totally wouldn't recommend this to anyone, I just did it for once and it's just for experiment.

I'd say I once have the experience to participate in Ponzi when I was just a newbie and I remember that I once get a profit on it but as soon as they got a lot of recruits the scheme started.
That was the first and the last time I participate in that thing cause someone told me that I should stay away from it cause you will not get anything from it, it would be just a waste of time and money. Just like him, I will warn you, you never want to enter this kind of scheme, if you want profit then you can trade or invest there's a lot of ways but don't go for Ponzis.

Some people have done it and some haven't, it's been a very rewarding experience for them. I don't think anything like that is very exciting, it's really hard to claim it to be a good thing. People who do it too I think they know what a ponzi is but they ignore and sacrifice a small amount of money there. I don't want to experiment there even in small number. Maybe I prefer neutral site over site that offer thing very similar to a ponzi scheme.

In the end the ponzi will only be a scam and one need not believe in that type of scheme even if it only uses a small amount of money. Why should we feed impostor if we are still too hungry ourselves ?

I'm done with that, when I was still a newbie I try to play that kind of high risk investment program, but even if I mostly get out first before the investment stop paying, I realized I become part of the people who try to promote a HYIP which is in short a scam investment.

I hope everyone who are doing it and are playing to join will now stop, help yourself and help other people to be at the right investment only.

If you already know that was a scam site or with the Ponzi scheme alike and we know that there is no chance of getting back our money, what would be the reason to try them? The answer will be "NO" and I'd never tried it honestly.

The Ponzi scheme project had long been rejected. Those people who have no knowledge of this kind of project will be their victims. Not a total excuse but just let them find it and to have experience then they can justify how bad it was. Not everyone does and speaks against them that is why they are continuously doing it.

I also remember my newbie days where I though Ponzi schemes/cloudmining are the most profitable platform since they are paying good profits before but all of the sudden I get scam by them and  rob out the money of their investors. And for this not to be happen again I avoid them and also new users also need to avoid this since there's no legit in this kind of game and they will be lucky if they will get payed on their first pay out.

That is probably ponzi/pyramid scheme disguised as bet.
I guess the 100% interest comes from those under you who deposits after you deposited. When there is little to no depositors depositing it stops paying and people who are expecting to be paid don't get paid and their deposited fund taken by another person. I think it's not sustainable and is clearly scam.
It deserves to be called scam because people are promised(guaranteed?) unsustainable interest (100% per 24hrs), and they will likely lose their investments.
I wouldn't invest in such thing knowing it's unsustainable and scam.

No I'm not and have no plan at all,and also i have limited time to gamble so i rather choose legit and long running sites than those Ponzi or scam sites.
What comes to your mind asking this?have you tried doing this?risking your money in ponzi casinos?i'm sure you will not and have no plans either.but maybe in some chances there are gamblers that curious and trying to do such but surely they are only few.

Ponzi to easily classify is when you earn when you have downlines or person who will spend their money for you to have an income. Why does it become a scam? Since they only pay when the project is fresh and when there's already a huge amount of money in their pool, they will take it all. Those who are on the top will be happy and the huge number of participants below are all scam. There's nothing to gamble in here as probability and chances are not 50/50. It will always turn out that you will lose and not get anything in the long run.

I haven't tried with any of the scam service associated with gambling. I've tried multiplier software schemes and lost my earnings on those multipliers. I came across this multiplier script accidentally. Further I contacted that respective person and he provided with bitcoin address. I was instructed to send bitcoin that needs to be doubled. Down to the site I saw more number of transaction history mentioning the amount send and received. This made me believe in it, and send bitcoin to get scammed.

100 percent return is old but new ponzis now introduce higher than that , theres that i see that they offer 400 percent return after the said number of days

 with the huge return that they promise , people will try to find a way to exploit them  .

 there are testimonies before of those who succesfully earn on them , they used the money for good . they bought houses , cars , build business but some got unlucky because they got scammed more after the came back .

yes, in my early journey in crypto and I'm happy to realized early that it as a mistake.
I learned a lot here actually, so it's alright to lose money at the start.

No one is successful with this on the investor's side, unless you are the promoter, and your success will stay until the time you'll get arrested.


Very popular in the past, in fact there's still plenty to be seen here. https://bitcointalk.org/index.php?board=207.0

Well, you were kind of right to use the word "gamble" in your post, because it could basically work or doesn't work and you either win or lose just like gambling, but I deeply believe it can be worse than gambling investing in a project that is based on a ponzi scheme because in some stances there is even more than 50% chance of losing money which depends on when they are going to run out of fresh new money that flows into their scam, and don't forget the fact that by investing in them in a way you are supporting what they're doing to other investors(even though it's their own fault) which is not that nice.

Actually there are some open ponzi schemes as well. Like they will show users a payment address and as long as money keeps coming the people who sent earlier in the stack will get paid. So, basically the people deep in the stack get paid while the ones floating on top of the stack are at high risk if no more investors send money. I hate these kind of stuff and never participated in these kind of activities but I have seen a lot of people having fun with these and then once the platform scams they don't even have any bases of claiming or reporting for their money.

Something that seems to good to be true, is mostly a scam. I read this somewhere and I still believe this fits well for all greedy ones out there.

Its called ponzi or pyramid scheme because the entire system will collapse if there were no new pay-ins into the system which it had been known since from the beginning and its been a rampant thing that those things
do exist into this market yet due to anonymity then theres no way that those investors will able to trace up those scammers.I dont know on why until now that there are still people who do get been fooled by this one
yet its pretty obvious that these are just unrealistic returns for a short period of time.About on the technique or way on what had been mentioned on op about on joining then leaving that fast then there are still
people who do gamble out but do you really think that it would really be that worth ? just mentioned by others that there are sites that eventually goes down or ran away for a few hours after being online.

At the past, I am risking my money in this kind of ponzi sheme scams. I am very eager at that time in looking for a fresh ponzi
scheme sites as their is a big chance that they will pay the first investor and this is what we are taking advantage of at that time.

But as of this moment, I am now avoiding this kind of investment as it is very risky and it's not right and if you cannot hit the right timing then
your money will be in danger.

By participating in ponzi schemes you can harm not only yourself, but also other people. Some people can't understand the danger of such projects. They may see that other people are involved in a project and will feel that it is safe to participate. However, this is not the case.
Please, if you know that a project is a ponzi scheme, do not participate, even if you think you can earn money and leave before it falls apart.

Yes agree but those 1% are mostly people who got into the scheme first and ran away with their first profit rather than investing again.

Might be more actually because most of the scams end up pretty soon and the ones that run long offer small profit baits which help them continue for long time. One offering 5% monthly returns is likely to operate longer than one offering 50% daily.

Excellent point and actually some guys send more money to help get back their old money because the website will tell them to deposit a certain amount to buy a particular membership which will then unlock their balance or similar kind of stories and people actually go for it.

Exactly and I personally experience this.

Much better if you will avoid it while it's earlier. The problem is just when you are very eager to gain an affiliate program and contacting people to join. It will also make them massive losses just at one glance.

For me, you can stay away from the people that very naive upon accepting his fund.

Better to avoid it and find another income if the person is eagerly waiting for easy money by participating in Ponzi schemes. There are groups of people work hard to find the newly launched Ponzi schemes and invest a small amount for the test, they look for the new website intentionally because the chances are lower they will close business and run away. At least 4-6 months will be enough to leave this "business model", from my understanding.

These are hyip (high yield investment programs). I think almost everyone in crypto universe have joined one of these sites at least once.
Not everyone knows these sites are scams at first, especially in crypto universe where you see bitcoin and other currencies rising a lot in few days or hours and all those successful traders stories. It's a environment of financial opportunities and some people think it can be possible to have their investments doubled in a week or so without effort and risks.

On the other hand, there are people who know these sites are scammers, but invest there anyway. It's a kind of *gambling* to try recovering the investment before the site runs away.
But it's not nice to introduce new people to these sites (referrals) as it was legit, especially crypto currency newbies. Don't be eager to earn some commission pennies because life takes the double back later...

For me here it is important to know whether a person understands what he invests in a ponzi scheme or not. If a person is sure that it is a ponzi scheme and invests in it in the hope of earning money from the last investors, I condemn it. If a person also agitates others to take part in a ponzi scheme, it may even be worthy of a red tag in the trust.

Don't generalized that almost everyone may have joined at least once in their life.
As I don't think not all people, I for one, don't invest in projects with somewhat inclination to ponzi scheme.
Not really attracted to large profits as I know, there are some loopholes in the system.
If there is no strong foundation, then where are they getting their profits from? Simple question to ask yourself.

But you have a point, some of them don't know what they are getting into and so they invest on it.
Greed is the usual reason why they joined even if it is obvious ponzi type business, hoping that they will earn huge profits in short period of time.

Haven't tried them and I really don't want to give them a shot, just ignored.
Having their services is just the way that we are helping them to survive and encourage people to use their services. We know already what this project meant to be, they are the parasites on the market and destroying everyone's life. We are not supposed to feel that way and to see people suffering, what we gonna do now is to fight against them, not the support.

Maybe we now don't care about them, but if we are at the beginning of knowing crypto, probably, we will follow them and join with their programs. Fortunately, many articles about scam sites and the sign will help us identify the scam sites that are offering a big profit in the short term. We always need to warn people, especially those out there who want to invest in crypto, so they don't have to get the scam by joining the programs. We hope that they can avoid and stay away from that project by warning them, so many people will know that they really need to be careful to invest their money.

I tried it several times in the past I could say that most of the time I would win I think it would be 70% that I have won in  Ponzi schemes.
I like to risk on Bitcoin doubler back then I only stop when there was no Bitcoin doubler that pays out anymore.

When I was first into cryptocurrency about 4 years ago, there are lots of people who tried to invest in a Ponzi scheme like that and even try to encourage people to invest while it's still paying. Unfortunately, those people who say that is one of those culprits to fool people. as soon as the other will join the risky Ponzi schemes, that's when they lose all their money.

If someone wants to know how this fraud works he can go to this site to learn more about it.

https://verdict.justia.com/2019/01/31/ponzi-schemes-how-they-work-and-what-we-can-learn


https://i2.wp.com/verdict.justia.com/wp-content/uploads/2019/01/shutterstock_533920648.jpg

In the very moment I realize a project smells scam miles away I don’t like to take risks no matter how small the investment may be required to try them.I just tell everyone to stop following these scams and to stay away from them because nothing good can come from these sites.I don’t recommend anyone tries just to see if they pay or not.

Ofcourse. but using the money for "good" does not make the business(ponzi/pyramid)  sustainable and scam free.

You could however make such thing sustainable and scam free if done in right and honest way. I have a grandmother who usually have her workers contribute part of their salaries weekly(or probably monthly), the pooled fund is given to one of the contributors to own. Then next week/month another contribution is made and the pooled fund is given to another person.  This is quite sustainable because they are working, pay from their salaries, every worker always get the pooled fund at known time.  

I never really gambled in a ponzi scheme I think, I lost some money on fake online casinos a few years back. But I think they weren't ponzi schemes, they were outright scams. People can definitely make money on a ponzi scheme if they invest in the beginning and get out before the company goes bankrupt. In general I would advice against such gambles because you never know when the bubble is going to burst.

I haven't even try to do that. It is really hard to risk your money in ponzi scam, even if you intended to withdraw it as fast as possible, we will not be able to know when they will run with the money you just invested. Sometimes even if they just started running the ponzi scam,they will immediately run all the money they will get. They won't waste any more time to wait when it comes to money.

Newbies will fall for that Ponzi scheme, if you want to avoid that Ponzi scheme then you better try to research first about that gambling casino or better check whether it is licensed or not, I hope you know what to do if you encounter an unlicensed casino gambling, just remember that there will be no 100% interest for every platform, that is full of scam, there wouldn't be a legit platform that will give 100% interest for only 1 day.  I already experienced being scammed by that offer but it is not about gambling it is an investment website which is a Ponzi scheme.

Long before I got to know crypto gambling, I ever fall into the trap of a fiat gambling Ponzi scheme.  of course, at that time I was still a newbie and was only tempted by offering bonuses for new registrants and also bringing new friends who were very tempting..

at that time I managed to bring + - 6 of my friends to join the gambling site, for 3 months it looked like there was no problem but in the fourth month, they made a big bonus event for those who made deposits above $ 2000, at that time my friends and I were tempted but unfortunately one day later the gambling site was closed..

from there I learned to be able to withstand my greediness and will only gamble on gambling sites that have a real volume of gambling and also a real reputation.. 

There are a lot of scammers around us and they are constantly inventing different ways to steal our money. They can be and ponzi schemes and gambling sites that are not aimed at long-term work. There are many ways to steal our money, so all projects and sites should be treated with suspicion and always look for feedback about them on the Internet.

Always look for feedback but most of the time with due experience you can directly tell which one is fraud and which one is legit.Scams do exist no matter what and for us people
who do have experience on scams then its better to alert and remind the public about it because there are still noobs whom do still get victimized into this one.
On the thing that had been illustrated in op about earning on ponzi sites in spite of the big risk involved then its really risky because you wouldnt know on when it would
ran away neither you can still make up some withdrawal or not.

Hmm... Pretty good question. I was thinking about that too. I believe it's quite risky and you depend on luck too because you never know when the website will turn into a scam. Maybe the project offers you 10% of your investment daily but it gets scam on 6th day and you'll be left without profit. Right now, you'll rarely see projects similar of hashocean where people even made 300% and even higher ROIs if not more. So, it's still very risky and you have to carefully choose the scam projects for investments, especially right now. In any way, I am against that kind of profit because you know you get profit because others get scammed.

I did it but will never do it because it is against my ethics now to support a scam and a ponzi scam is a big loss for everyone involved. Trying it is also stupid when we know there is no guarantee that we will ever see our money back. It is good to lose it on your own than giving it to someone else to lose it. Hurts our ego. And for such scam games, you cannot rely on the site only and need to bring some more people to that site to put yourself in profit, which means you will need to break your closed one's trust.

It's better to put your money in a gambling site than deposit it on a Ponzi scheme program because you are guaranteed to lose on Ponzi scheme, nobody wins in a Ponzi scheme, only the operator, there's no such thing as a long term Ponzi scheme the operators can pull the plug anytime even on day one after it generates enough money.

In theory it's possible to gamble with ponzi schemes. I've never done it but there are threads on this forum started by people who did.

I even saw posts where people said it's a good and easy way to earn money and that ponzis should be advertised because when you know it's a ponzi you cannot lose. You just deposit and withdraw fast with small profit and you know you're safe which is of course a lie.

Probably half of all ponzis on the market are total scams where only their shills and maybe a few first people are able to withdraw anything. The rest gets stuck there forever. You think you can enter and exit but your money is lost the moment you deposit. I don't recommend it it's not real gambling.

Only those that got in first will get their profits. But for the rest, I don't think they will every get their initial investments especially those at the bottom. Never tried and won't try as you are fooling yourself for getting profit for the sake of others.

Discussing such ponzi schemes and other fraud in the forum, we also help newcomers. They can read what more experienced forum users do to get much less chances to be scammed by fraudsters. Personally, I believe that the most effective method to avoid scam is to invest in those projects, about which there are many useful reviews on the forum. The same is true for games on gambling sites.

When I was a newbie I did invest in a few ponzi schemes without knowing they were scams. I was naive and after getting burnt a few times I still invested a few more times but I did it with more caution. It didn't work out too well so I just avoid them. I've tried putting a few ads to get some referrals but they usually don't stick around long enough to be worth the effort.

Only newbies who are not properly guided play on Ponzi scheme, but old-time investors will not play on Ponzi type of program because they know how it works, only newbies will believe that they can really earn 100% of their investment after 24 hours, there's no such kind of legit program that can and will offer this kind of plan, it's unrealistic, people should do their research all the time on sites that they are interested in investing.

I am still in right mind to play in sites that I obviously knew ponzi because it looks like you intentionally deliver your money in scammers. This sounds stupid question .
Let me give the question to you?will you risk money just to try playing on those sites?

Surely that's why you asked this because haven't tried yet right?

Anyway surely if there are willing here it is not you.

It is normal if we invest in Ponzi schemes when we are joined in the crypto world. At that time, we don't know much about crypto, and when we read about something that makes us interest, we will try to join without searching for more details. But then we know that the program was a scam because we can't get a good result from the site. But that will not stop us from searching for another website which can give us a profit, but once again, we are getting scam by the site. After we have much experience and read more details about the programs, we stop to join in that program and search for other ways to make money.

It's unrealistic as it is but there are people who are willing to take that risk and willing to lose their money.

It's twice as gamble since you putting your money to this kind of scheme only gives you dead end, when you do get something out you'll be tempted to it again with a much bigger amount to stake, believing that they are really paying, not just newbies but there are also people
who knew the business but willing to send their money.

This is also my advice too to OP. However, I don't get his point of view which he wants to understand us. If he wants to deal with such Ponzi type program, my suggestion is to avoid from it and gather some experience from whom who deals such types before. So, think twice before doing anything.

I do evade some gambling scams or gambling-related Ponzi schemes but I am also scammed by other sites. I can't recall the name of that site but it is quite normal, to be honest, it is not something that is so huge, it is just a site that offers some services where you watch ads or do tasks they wanted you to do. Never thought that it is that hard to do those and you need to give them money to make it easier.

Well, you can take advantage on the ponzi scheme actually. I had been joining into networking ponzi scheme.offering products that are not really true and only after the investment and the earnings is through the invites commission. However the process of getting paid is the same the old investors will get paid from the new investors and continue to get more profit through commission they new and old investors will invite for more to invest in to get more commissions.

I am usually very cautious about referral systems, because when I started out in the crypto world I feel for some shady businesses. In the beginning I didn't really realise that people just spam their referral links without really doing anything. And when using them most of the time you make someone else money instead for yourself.

This is not called gambling at all. You can not make anything from these schemes. The more money you deposit, the more money you lose. And I do not condone these schemes. Owners always run away with a huge amount of money in a short time. If you want 100% in 24h, you can make a single bet or play one dice game. You will have a 49-49.8% chance of making a 100% profit (depend on the house edge). Moreover, there are many gambling websites having licensed and this will guarantee that they will not suddenly shut down a whole system and let you be alone with an empty pocket

Never support those schemes. Only fools and ignorant people allow these schemes to steal their money. I was fooled only 1 time when I was new to the crypto world. The advertisement is attractive to a guy who did not understand the shit of the economy. And as the result, I lost my money.

I will not get into any ponzi scheme I will not use any money nor spend any money on that thing, it is not a gamble you will only spend money to useless thing if you will going to continue what you are doing. So stop this investing in ponzi and find another legit and suitable investment for you, better to gamble in online casinos rather than tolerating hyip.

He's just telling that if ever that you will invest with some sites with ponzi scheme, make sure that you would withdraw your money in an instant whenever you get your money back. But I am a little bit confused because some of these sites never let us withdraw the money that we deposited. Most of them doubled the required money needed to deposit in order for you to have a successful withdrawal. And I agree with you about avoiding these sites incase you notice that there is something wrong or bad reviews about it.

I never tried it before I would rather have fun playing it on gambling site than wait for the result on ponzi scheme.
Why waste time and money on Ponzi schemes when we could do it quicker in gambling and we could enjoy it too.

I broadly agree to this as the emotions and feelings attached to our money and our own made bets are much more than waiting on someone to put the money in and the scammer sends us the money and keeps it going on till he gets out of funds, then everything over. At least we do not feel that bad when we lose our money because of our bad bet in gambling, but giving it straight away in the hands of a scammer feels like we are fools.

I can only agree with you the more, because ponzi is just like using old people to pay new people in a way new people will lose, many people will lose eventually. I will advice people to also stay away from all sort of ponzi, be it gambling or other ponzi businesses. I will rather prefer to gambling in a legit way that is not ponzi at all because ponzi by nature is not good and should be discouraged.

When it comes to emotion and the feels then its totally different and as you mentioned where it is worth to lose money when you do make out bets and you know that you do have  the chance of winning
in a legal way not on just making out some gambling of your funds into those things that you know that it is purely a scam or ponzi.You can still make money though but not on the sense
that you are enjoying or betting up into something yet you do just need to wait and viola heres your payout kind of experience.
Some do still consider on this kind of risk taking but not all becomes successful into this one.You are indeed playing with fire which it isnt really worth for your money.

Exactly, and that is illegal as it certainly look for people to scam, and if you are investing on it and you make money from it, you would not feel good of the achievement you have, while gambling is so legit, it's a game where most people lose money so it's more self encouraging to try to succeed and be proud of yourself on something that others are struggling to achieve success.

Why risk on their early days? Totally ignored them completely even they are paying.

The likes of you the reason why ponzi schemes creator always comes up with a new ponzi since they know even experienced ones can fall on their trap as mostly, these users think that they can get profit by investing early.

There are lots of ways to get profit. Stretch your bones and don't rely on passive quick income.

It's too risky and a waste of time to try to gamble with a ponzi scheme, because I'm sure most gamblers prefer legit sites.
My advice is to avoid anything related to the ponzi scheme, it's too stressful to deal with the ponzi scheme. Better to play
gambling in a safe and reliable place. Why risking our money in a risky place we could fall victim to scams.

I have tried a crypto ponzi schemed game before. It’s called banscam.me if I am not mistaken. It is a community project by one of a Banano (BAN) supporter. So, basically to join this game you need to send Banano to the banscam.me wallet, the last person who transfer their money to this wallet will get almost all of the money.

Evertime someone transfer their money into the wallet, the time will be resetted to 24 hours. So the next people will have at least 24 hours if they decided to join this game.

That is the first time I joined a fun ponzi schemed game  ;D

Most of them will exit scam before you reach any profit. It is not possible to have a strategy. Unless you have an HYIP monitoring site and can get lots of referrals you will not make any profit in the long run. It is purely gambling. If you were lucky enough to make a lot of money in your first investment you should immediately get out and never invest in a similar program again.

An offer with a large and unreasonable return, this is forbidden and worth avoiding because it’s so suspicious. We usually deal with cyberspace every day
and already able to feel Ponzi schemes that are stalking us every day. If we’re sensitive, we’re aware of that.
Ponzi schemes are present around us, be it in bounty, investment, or crypto projects even in gambling that offer several unreasonable advantages.
Many gambling sites are legal and credible today, choose one of them. I’m sure we all understand this.

I admit back in my newbie days with no knowledge at all how things work and what's on my mind is to get a quick profit scheme.

But today, a BIG NO.

Supporting a ponzi scheme even they are paying should not be tolerated. Even others know it will be a scam later on, it's totally not a good idea to take advantage of new users. Be fair and square lazy people. There is no success in life at those who rely on that scheme.

I see something like this scam posted here this week but they use different coins for deposit.

I can't call it a Ponzi game since everyone will lost with that kind of scheme the secured gain will only go to the owners which 50% of deposit amount .

Everytime some one will deposit they are helping the admin to collect more money from investors.

I am not clicking those ads I've been seeing in the past.

Most of these unknown casinos spam a lot of sites as ads so they would click on them or find a new victim. That is why it is better for us gamblers to just stick to the gambling site that we are using or always visiting. It is true that there are a lot of irresistable sites or promos but with the years that we are in the site that we are particular with, we are safe.

What do you mean by "successful"? Able just to simply withdraw or did someone got a decent return?

In the case of a simple just withdrawal, several users able to do it but the majority still got busted even investing early. That's even worst than doing the usual gambling as you are just basically waiting for your return without an assurance.

That's why it's not a recommended way to earn even how risk-taker you are. It's easy to say that people just need to take advantage by investing early but most of the time, ponzi scheme is showing their color even at the early phase of their operation.

If he only wants to have banano tokens, he can use vite wallet to claim a free banano token, and he can trade it inside the wallet because they already have their exchange in the wallet. The name of that domain is too suspicious because they use the word "scam" although we don't know if that domain will scam us or not, that will make me curious. I don't want to transfer anything to that wallet, even if they claim that they will give back the amount with a double amount. That will not be good to join in that game as you can get scam anytime.

We don't have to join in any fun Ponzi scheme game because it is hard to make money that way. We can search for another way to make money, and I believe that we can get it someday.

When I was new in crypto I tried invested on ponzi schemes. That was what I did first, withraw as early as possible. But as time passes, those ponzis got think of a way to get ahead if their investors. They put a minimum withdrawal on their system to prevent investors withrawing early. Before you can even withdraw their platform is gone like nothing happened taking all the money of their victims.

I tried this kind of scheme when I was new to crypto since I am not aware of how things work before. I think most people here have tried it at least once when they were new. Only newbies fall for this kind of scheme.

Since I experienced being scam in crypto I tried to educate myself more and not to trust anything that offers quick money. Awareness is always the key to avoid being scammed.

I forgot to mention that the early users will get some bananos that they will earn from the last deposit until there’s no deposit anymore. With this system, I can confirm that it used a ponzi schemed.


Actually, that website already explains their system, that they will scam users.
This website will distributes the coin to the winners, some early users, admin, and for charity.
I am not trying to promote it, but people enjoyed to play this kind of game.
Banano is a meme coin, so it can be a reason why people love to play a game that actually scam them lol.
Just to have fun.

funny to hear there is a platform like this... :D
so indirectly the players who join are actually aware that they are very at risk of getting a scam, but only join for the 'just fun' purpose. hope those who have joined for a long time will not bring another victim, which they will easily fool 'lol'.

I will advise you not to waste your money in going for HYIP. The advent of crypto has  made all of them start using crypto as payment processor. I had participated in HYIP during the era of Liberty reserve, Perfect money and payza. The truth of the matter is that those scammers behind the project will start to pay during the early stage of the program and as soon as they have huge participants that has invested, viola! your money is gone. The site will be taken down and they will start preparing for the next scam.

I remember when I’m new in crypto that I tried to gamble with a Ponzi scheme website. It happens before that I just tried and experience loss of money. A newbie with a lack of knowledge about this Ponzi scheme existing that time without knowing that it possible they will scam your money. So a lesson to me to learn all about in crypto which is very important to educate yourself first before joining any investment platform.

If twitter posts, 'send me and I'll send back double' can work then likely anything will.
Unfortunately for the main population you do need to state the common scams, like bad emails they'll never likely end because the cost of the attempt to the pay off is worth them repeating it and trying to cast their net as widely as possible to catch the unaware.

   Youtube is actively promoting scam operations on most crypto videos for their platform, I dont know if Twitter ever does anything but its very much a danger placed on the user themselves to recognise and avoid.  The scam adverts I've seen will put details alongside the actual developer talking about their real successful blockchain discussing something.

Aside from Twitter, it is actually rampant in Facebook too on where until now I do see lots of those advertisements about investment that do return 200% after you deposit money or even with
those common doublers and ponzi schemes.

It is true that this would really continue even though those scammers know that there are lots are pretty aware of this modus but they are still trying to get to those people who aren't
aware on this thing and that will continue as long they do able to get money.

People should really be aware because if not then you'll surely waste up your precious money or coin.

No, I haven't tried it before. Once I know that they offer something like a certain percentage in such a short period of time, I actually avoid it immediately. This is something that we should not try to risk our money because there is no such thing as sending your money and will make an interest after that. Only those who wants to make money fast will believe and try such things.

Even if they already explain their system, new people will think that the website gives them a chance to win some money. New people will think much about scams because they are not aware of that. They will only want to know how to make money from the internet, especially from the crypto website.

The site is not available because I tried to visit again. I think that can make people stop playing on that site. I still prefer to use the Vite wallet on a mobile phone because you can get up to 100 banano in that wallet. I don't promote that wallet because I don't use it to trade ;D

I tried this before when im still new in crypto world and not aware of this kind of scheme that can take away your money. I thought its a good deal since the ROI is high in a span of few days. But I end up losing my capital and never recover it, then I realized my mistakes for being greedy and didnt follow the right process and that is to gain knowledge first before getting involve in such kind of thing.

Currently its not a wise thing to do. Dont ever try to gamble your money in a ponzi scheme because you'll only lose it. Learn to make an effort by investing in a legit way or using your skills and knowledge to earn. Dont take the path of an easy money mindset because its not a reliable way to gain.

You don't need to explain and you don't have to ask either because only fool will do such a thing.
Offering 100% interest in just 24 hours?where on earth you mean to believe that?even newbie will not come to that agreement as it is purely scam.
No I know no one that comes to that,unless they are billionaire that willing to lose their money in just trying that stupid sites.

The forum is very much successful in exposing these Ponzi Schemes, and anyone posting on this forum, even those that are not in this forum are reported, people should not entertain or even look on this kind of program, if we stop this scheme, many developers will stop creating Ponzi scheme if nobody will entertain these kind of programs.

Not so far and I believe this is not appropriate since I only have some few amount when I wanna gamble
so risking this in Ponzi sites is not  my first option.

And I think why need to try when there is a surely scam waiting for you?

Is this sounds like Giving your Money to Robber even without them asking you?

I am a little curious about investing in it, but I have never tried participating in any Ponzi scheme because most of us here know that it is a waste of time and money. It would be okay if we would avoid risking our money in this kind of illegal schemes because even they show us that we gain profit, it would still be impossible for us to withdraw all of those earnings. It's still much better if we would gamble our money in legitimate online casinos because there are more chances that we could gain and withdraw our profit to it.

They are continue doing that because many investors still willing to risk their money even though they know that soon it will run their money .

It's hard to stop that Ponzi scheme if there are people continue supporting it as long as there are investors willing to invest they will always make a new website and collect all investors money. Even how hard we tried to report any websites only investors it self can help them selves to stop it.

Yeah, that’s why I posted about it. It’s relates with the topic, because they gambled with ponzi schemed games.

If I am not mistaken, the site is not always open for a new round, it has uncertain period of time to start the round again.

Here is the screenshot that includes the explanation of the website.

https://i.imgur.com/upDypQB.jpg

I don't think that such activity has good EV (expected value). You can't know for sure how long another scam will last. Add to this the fact of your "investment", i mean that you have some probability that amount of money that you will send to this will not be returned because it was to high for this scam (if you would send some small amount you would get positive EV, but for sum that excess some amount you would get negative EV)

So, we have at least two probabilities, and the resulting probability of success will be multiply of two. And i think it will be very small  :-\

So can't say that this is good idea.

Not only that if you gamble and you happen to win then you know that you are either beating the casino despite their house edge or beating another player that was playing against you under the same conditions in a fair way, but in a Ponzi this is not the case, a great deal of the people that invest there think they are investing in a legitimate investment opportunity while you will know that it is a scam and you are trying to get advantage of those people, to me this is not right even if you happen to earn some money out of this.

Thankfully I have never gambled in such a crypto scam service schemes. I suppose that, if a newbie felt in any of these, it would be really discouraging, and unfortunately many new members got burnt for sure and grew aversion for crypto.

In my case, again, I gamble very little, but as many members stated before me, in order to bet I would never use unknown, shady services, but well established provably fair sites.

Lol
Bad idea, bad bad very bad idea. How can someone willing to get scammed voluntarily ?
It is so hilarious when you see someone in 2020 still wanna risking something for a guaranteed a total loss.
The title itself show it all , gamble combined with scam service , is there any other thing worse than this to make money?

Ponzi investments aren't even close to gambling. It's like saying that you'll gamble by trying to steal money from someone and hope they won't notice or at least won't call the police. If you can get away with it it's a win, so you've just gambled, haven't you? I agree with the others that it's not a very smart way to risk your money. If you lose you feed scammers. At least if you lose in a casino you allow the business owner to earn. By sending money to scammers you encourage them.

Good point here, scammers will be more motivated to make more scams if there are people who will patronize on what they are offering, this is gambling but the bad side of gambling as it will result to scamming people, you lose, you say you got scam, you win, people say your are scammer, that's what's gonna happen to you as you are into a scam platform.

Yeah. The risk might be the good term here since the Ponzi scheme isn't similar to gambling. Well, actually both have risk but gamblers don't deal with any Ponzi scheme 'cause probably they know it's a scam. Also, Ponzi scheme isn't a game where you bet your money and won by the means of choosing. In Ponzi, you need full effort to gain users under you to earn more profit but if you failed on that task, you'll just give free money to the ones who created the scheme. So I'm still wondering how ponzi is related to gambling?

Should I want to lose my money with them?

I'm sure that no one will able to risk with them knowing that they are scammers. And no reason why we should believe them as we know that it is very impossible that they will fulfill their promises.

Why we should choose them if there are other sites that are reliable? We're not out of our minds to think that way.

I don't think any member in this section knows that it's not good and that capital would just go without him to gain money, even you know it is a trap to your capital would be gained unless you're willing to lose your investment capital. But, I think none of us here as a gambler didn't try this concept like what you are asking here in your topic.

It's not putting your money it's more like throwing away your money, you will lose all your money the moment you deposit your money in a Ponzi like site, we should not support Ponzi scheme even if people are posting their payment proof, these are early birds and the admin gave them so they can post their payment proof and invite other people to invest in their Ponzi scheme.

More likely will happen if you involve yourself with such kind of business, more on throwing indeed. People who shows proof most of the
time are part of the team just getting attention to attract people to join in.

Or those who invest first and luckily the owner still have allocated funds to pay them, but most of the time if you are not one of those
you will just waste your money and allow them to enjoy with your money.

For newbies, it can be alluring because they are more eager in enriching the crypto that they have which makes them prone to be scammed. Nut the strategy that OP has given in this thread is quite clever because if you calculate it then you still not lose your capital if you will invest the amount that you first earned from them.

However, I still don't recommend such a strategy, especially to newbies because there might be a trap along the way if they continue investing in a Ponzi scheme.

Maybe they don't know if that site is Ponzi or not, so they throw their money into that site. They expect that after depositing on that site, they can wait for a while, and then they will make money. The Ponzi site makes a fake account to give the payment proof to convince people to join with them. I guess that people need to search for more info to know if that site is Ponzi or not.

if that is the case then those are irresponsible gamblers and worth of becoming a victim.

Imagine playing in gambling site without checking if this is legit or ponzi?i hate people who gambles without right manner then if being scammed will seek for help and sympathy.

lets be responsible and always verify each site that we are going to play.

Nope, I don't like to get involve in ponzi scheme especially if it involves inviting other user to earn commission from the invites. I have my conscience that even I know that the platform was a ponzi scheme strategy I will went directly out of it and then look for another way to gamble without the ponzi scheme gambling. I had been invited and scam by a ponzi scheme to a friend invited others too which they also get scam. So never again and I am also doing good right now with the new e casino I have found together with my friends to play with it.

It is not easy to be responsible for gambling because if we enjoy playing gambling, that will be the time for us to forget about everything. And if they only just play on the gambling site and not check the site, I am sure that it will not take too long to see they will get a scam from the site. They will not know if they get a scam until they realize that they lose the money.

My general advice is don't invest in investment schemes that are unsustainable or will end up as scam. Once you become aware that such scheme are unsustainable and people below will likely not be paid then don't join them otherwise participating in scheme you know will end up bad is immoral/illegal

There's no business that would sustain in the long run if they will provide a too good to be true reward, they are just built to scam people, some last longer but that is because they are still able to collect money from investors but in the long run they will just run away with big money.

It should not be supported or promoted, we don't want to participate this kind of gamble, it's a scam.

As difficult as this may seem to believe there are many people that do something like this, they know that they are investing in a scam but they are gambling that the scam is going to last long enough for them not only to recover their money but also to make a profit, but as you say there are too many problems with this kind of thinking, and one of those is that even if you happen to win how are you going to sleep at night knowing that the money that you got comes from people that got scammed in the end?

Unfortunately, there are people too who want to take advantage as an "early member".

They know the risks so they will put some money in the early days of the Ponzi scheme. Then that's the problem, some people already know the drill but still supporting such schemes and even spread their referrals. In other words, users scamming their fellow users.

If only there's no such thing as that, it might minimize the numbers of Ponzi schemes created by these fraudsters even by a small percentage.

Conscience wont work for those people who do aim for profits and this is always been a mindset for those people who do tend to join ponzi schemes where they are bit aware
that the money they had profited do came from other peoples money for them to be paid of and the cycle continues.It might dumb it sounds but there are indeed people
who are really making this risky kind of bet or investment where they do deal with scam ponzi's even if theyre aware they do just hope that it should at least
last for a primary payout which will really in result into profit and the rest they wont tend to get back as the system will surely collapse.

Often these payment proofs are baited in order to get you in and the people posting these proofs and bringing referrals are paid huge commissions for their work, sometimes it is percentage based like the income system earns from the referred people they will be paid out 25% of that.

They are scammers but believe me there are ponzi that are still operating and scamming people because there are naive people who believe they can actually get some return on their investment and some actually get paid initially to gain their trust and once the user deposits bigger amount they just scam.

You know what is needed here? It's a strict regulation, and if these people who supports will be held criminally liable, I doubt they would still promote the ponzi scheme. I just recently received an invitation from my college classmate days ago, and the program says double your money in 15 days, and what I did, I educate him and tell straight to his face that it's a complete scam, I don't need to study the name of the program because anything that gives a too good to be true shit is scam.

Too much ordinary words. I wrote here last week with more precise and practical theory: probability, and especially - Expected Value  (https://www.investopedia.com/terms/e/expected-value.asp). If you don't have any inside from any ponzi site, your EV value will be negative. It means, that this is below your investment sum.

It will be negative because probability of success is multiply of many probabilities corresponding to ponzi itself and some not very obvious things (like the fact that if you invest 100 dollars you will get it with profit back, but if more - then not for sure)

So better do not try

I suppose you're right, if those people had a conscience or even something resembling it then they will never do something like this, investing in something that you know is Ponzi scheme with the hope that you are still going to profit from it if you invest early enough is to me a disgusting idea but I suppose that for those that are obsessed with money and that do not care how to get it this idea may seem to be acceptable and could try it anyway.

Perfectly said! there's no such business that will survive by giving this kind of offer, it always turned into scam after the owner reached the target amount that he really intended to runaway, it's agreeable to say that if there's a criminal liabilities to those who continue supporting this scheme people will be force to move away and forget about it.

Strictly implemented  laws will lessen or completely avoid victims to take part knowing that they are responsible in any concerned that may take place within the business that they are promoting.

Crypto is not regulated. Users, who are mostly anonymous, are not punished for promoting a scam but instead the scam operators themselves which are also anonymous and operating under the shadow that's why it's hard to track them.

There is no law about it. Authorities have no control over that and no way they can track the identity of these users promoting a scam. That's why what they do instead is to just give a warning to all not to invest in those schemes. Authorities can just do some actions once the scam now happened and an investigation will now take place (if someone reported it).

Well those greedy on easy money and thinking that they gonna get their ROI with profit they thinking it wrong many people still believed in this kind of ponzi scheme which they thinking it is the easiest way to earn money and or double their money , here in my country lot's of ponzi scheme are advertising full of promises that they will doubled your money in 3 months or in shorter time which is many people investing it and in the end they like crying babies after losing their money

Regrets would always come at the end and people wont really learn a lesson if they wont really able to experience those losses which is really sad because people can already avoid such

unfortunate situation but they do still follow their greed inside of them thats why they do end up on such decision because they do believe that easy money do exist on this world.

With this ponzi scheme related kind of investment even though these people already know on what will happen but still continue to invest for the sake of hit and run then
this is one is really a big gamble you wouldnt know if it would last for 24 hours or not.

As long as the scheme is paying, there will be no 'scam' in people's minds even that's an obvious scam.

There is a known person to me that asks me about a certain company. Currently, it's 100% paying but the way it looks, it was a Ponzi scheme. After some discussion, I end the conversation that this company will eventually turn into a scam.

And the response I received, "it's ok. I afford to lose the amount in case of a scam". That's the problem with people nowadays.

I mean for sure most peoe out here did including me at one point in their crypto journey. And as I mentioned earlier, I was also lured into it. Mostly because of the high gains they promise the public will achieve should we invest in them. Worst thing about it is the fact that I did not even got paid the promised amounts so that's a big L on my part. Nonetheless I learned a valuable lesson that day and had promised myself not to be too gullible ever again.

I remember reading in our local forum that a couple of the guys made some money with Miracle Tele. At the time they were paying huge rewards for token holders and investors. It was a telecommunications company that offered free SIM cards, calls, and stuff like that. As the time went by, they started charging their customers little by little. First you were asked to deposit €10 to enjoy the benefit of sharing the company profits. After a while, they stopped that and forced their users to purchase their SIM cards to be able to withdraw money from their accounts. In the end, they abandoned everything and disappeared.

I like the idea on how you will exploit the website but on my part, I don't and I will never invest or gamble with a gambling site with a signs that it might be a scam.

Newbies possible will fall into these kind of schemes but for those old ones, I don't think that they will fall to this.

I remember this project Miracle Tele because my relative joined in the bounty campaign of it. He tried to deposit €10 first too and he told me to do it too or at least join in the project but I didn't and that was a good decision to my part. I didn't know that the project ended up like the other projects. Too bad for those who invested into this token.

This is like playing with fire... At some point, the scam will get you even if you are just risking the profit you already get, in the end, you are risking money that should be in your pockets. I know some people who use to do what OP says, bet on the new ponzy before the owner runaway and some time they win and other they lose. If we play with fire at some point we get burned.

Agree. If the risk is unnecessary, why go through it? For sure this is not the only way to make money. If I were to go through a risk and try to make money I'd rather not choose that which is illegal in the first place. With that fact alone, you are already defeated. You are earning through the bitter losses of other people. That's not a fair and square profit you got there. And with what you've got, you might still end up with nothing as it might get confiscated by the authorities once the scam operation is busted.

But these scammers stays here the main reason is?there are  people allowing them to become a victim.
Those gamblers that just play without deep research regarding the site they are enjoying.
because if scammers like these won't find noob ?surely they will stop.
And that will save us all,educate ourselves about the activities of these scammers,learn and research every thing how they operate ,then for sure none will come to their traps.

If you know how the scheme works I think you can profit from it, maybe it is quite controversial but if you know how much money you are going to let loose. Personally, this is not a good way to earn as most of the time you are estimating the amount that you want to put with lower chance of being swindled. Best thing to do about this sites is to report them.

Even some ponzi owners now run away before they do their 1st payment to their investors so this is a very risky way to put your money. If you think you can outsmart these ponzi owners, they are always one-step ahead of you. You can't guarantee that they will pay even if it's new. It's like you willingly accept that they will steal money from you.

And besides what to expect?if ever you are lucky and win the Jackpot when surely since this is ponzi this will never care paying you at that point maybe OP will be contented to say that "Yeah So now this is  a Proven Ponzi site"  ;D

Anyway i'm pretty sure non of us will even spend a penny trying to check their site,when there are plenty to choose that will not give you pain in the ass.

You already got the point this is already a Ponzi scheme so why you still going to try this? they already give you a warning and you already know the possible things that may happen. Well if you are curious why not try this but for me, it's just a wasting of time it's better to prevent and go to the reliable platforms. Having a large amount of profit on their banners is just a strategy to gain more people join to their scamming club. One of the best ways is to report them and warn other people.

This bonze scheme is like two types, in my opinion, the one disappears after you deposit, and the one is that lets you double your money in return you had an interest that it will give you more money if you invest bigger, once you are baited, they will then disappear with all the money, this is happening in an investment scheme, that us very dangerous like playing with fire, either way, you will lose.

Do you want to become part of the people who keep losing because they are keep believing to the attractive words of scammers? I do not have time for that ponzi scheme services so I will never give a care on it because it is just a waste of time. If you are knowledgeable enough, you can easily know if a a certain service is a scam or not. Forget about it and focus on putting your money on legit services that can give you small to huge returns as long as it is a legit project. If you want to protect your capital then it is better to forget finding that kind of project because it is not worth it.

It will no longer wait for a long time to see our money going with the website owner. Those Ponzi schemes will online for just a few days only, and they succeed in convincing people to invest with them. But I have a friend who can get the money after he waits for some hours, and he also succeeds in withdrawing the money to his wallet. I say to him that he is very lucky because not many people will get their chance to profit from the Ponzi scheme. Fortunately, he doesn't deposit more money after that and only enjoys the money.

Most of us have that experience "gamble" with the Ponzi scheme, and we can easily identify the Ponzi scheme because it always offers to give a big profit in a short time. That will not be unbelievable because we need time to profit, but they can offer to give that profit quickly in hours. That will not be good if people just follow them without searching for other ways to make money.

I was just curious how many legitimate investors know about this Ponzi scheme and still invest in planning to gain profit while it's early. That's really and ridiculous to invest on it even if you that it's a Ponzi scheme since you will not know when it will begone, it could be anytime.

ya.ya.yo!

Yes, it is okay to feel the sensation of gambling through a ponzi scheme. We know that this kind of business is determined by the saturation point of users, because their efforts will not always be smooth in inviting new users. The fewer new users, the closer the risk of losing. The problem is we don't know how long this scheme has been established and where it has reached the risk.

for being reasonable why would i?i work hard for every single centavo i gain and then i will risk playing in Sites that looks questionable?Nope i will never allow myself even clicking the said site.

and besides the signature i am advertising is proven legit gambling site and i have funds inside so no need to go for another casino specially ponzi.

The risk is like 99%, damn, I never imagine one would win in ponzi game as it's a scam game, only the scammers organizers will win at the expense of the newbie investors who does not have the experience, playing it is not a legal gambling, it's also similar to scamming people.

It's a Ponzi game so what would you expect? To be honest there are people who wins in it but as you said it's too risky that even if you win you can still lose if the website doesn't want to pay you .

Only greedy can take that risk even they know there's no certainty prizes available to those who will win.

I agree I think it's much better to place bet on gambling sites since there's a 50-50 chance you will win rather than on ponzi scheme which is 99% risk. I wouldn't test my luck on that 1% lol.

All the people who withdraw from a ponzi scheme before it goes bust are winners who likely earned a great return. A successful ponzi scheme needs people to make money so they will attract new peoole
Sure the most people will get burned in such a scheme but if you have insider information and know in advance when to withdraw you could make it work.

For me personally the risks are just to high, I am trying to avoid such systems. Also all potential winnings could be declared illegal and you would have to repay them.

Then who would you consider to be your insider on telling you that you should exit as early as possible yet the ponzi will already collapse? None for sure unless if you are the owner/creator itself.  :D

Risk is way too high but there are people who do love to play with fire but if you do able to exit on the right time then that would really be an easy profit on a very short duration

but it is recommendable? no it isnt but if you do love to gamble then you can try it anytime because not all newly started ponzi's would even last up for 24 hours where they do usually ran away half-way.

I am sure people who can withdraw from a Ponzi scheme are the luckiest people because it is not easy to join in a Ponzi scheme. That website is not online for a long time, but most of that site only online for less than one month, so people who can join in the beginning the site online will have that luck. I think that is a big gamble, and usually, people who have experience from that site will check how long the site is already running, and if the site online for less than 3 days, they will try to join, but not with big money.

We need to avoid such systems because the chance to make a profit will not be too big. We can search for another method to profit, and I am sure that we can get it.

Very possible for early  takers who able to manage to play / invest in the early stage or those who corporate themselves to the creator itself, that's  the only possibilities else, it will all risky and by luck to earn, not worthy as  chance of winning is very slim. Like what the post above you said it's 99% the remaining still in question if that 1% are for real or if the owner will pay you up.

This kind of scheme should never be entertained not even you manage to succeed from try, think of those people who lose their money even it's their greediness still that's solid money that the creator will run with them.

In fact, the risk level has become 99% when this scheme started running. 1% only depends on survival time.
Someone who tries this game should reduce their sympathy and empathy a little, because the goal is clear this system wants to take money for beginners who do not really understand how to play.

maybe they allow small winners to make their site looks legit but the thing is what if you hit the jackpot?I'm sure that time they will reveal the true identity of the site as no payments will be given to you.
Nope you are wrong,Greedy people will never risk their money on that ponzi site because they are both greed the site and the player haha

Ponzi schemes offer higher returns than other investments, even in the short term will get a high return.
I will not bet on the fonzi scheme platform, because if it’s bad luck, then we’re going to lose our money by the fraudsters.
Even early investment does not guarantee we will benefit. Sometimes on the first day, the platform is no longer accessible.
This should really be avoided, because this false mode of investment only pays the profits of the next investor’s money to invest.

the system is more or less like that and most of those who start early will benefit, while those who join a little late will experience losses because usually the project will scam or disappear.
and the method you mentioned is indeed the safest, always secure profit if you have already made a profit and start again from scratch, so that if you have taken 3 times the profit and zonk in the fourth entry it will not be a problem because you are already profitable.

That's the problem here, not all of the people that would gamble their money on a ponzi scam knows it's a scam therefore they would withdraw it before it gets scam. Most of the people, especially those noobs at cryptocurrency would be easily fooled by ponzi scams, since it looks like an easy money but it's not.

The risk on a ponzi scheme is 100%, even if you know it's a scam, there's no way that you'll accurately know every single time when to withdraw your funds. The only way not to be scammed is not to invest in schemes project.

The gamble can be used as a verb in investments which simply means putting into risk.

Like what op is asking, are those people that are still gambling (putting risk) their money even if they know that it's a ponzi scam.

I remember last 2017, USI-tech visited my country and they held a conference. Most people were bragging about their bitcoin packages (1 package = $60) and the more packages you have, the greater the returns you will receive. I got convinced by this ponzi scheme (I was literally a newbie back then) and I invested around $150. I know the amount might be relatively low but for someone who lives in a third-world country, that amount is like a month's savings.

After checking everyday my packages, I observed that I was slowly recovering my earnings (they promised a 6-month time-frame) but after the 3rd month, the website crashed and all of my bitcoins were gone.

This fueled my anger and passion into reporting scam projects and ponzi schemes in the forum so I can at least prevent a person from experiencing the loss that incurred due to misinformation and naiveness.

some time ago I was trying earn with ponzi scheme crypto scam services but it was bad experience because most of them worked only during several weeks so it was impossible even to return the initial deposit.

For us people who are fully aware of its risk then its just normal for us to avoid at any cost into these ponzi scams yet we do already know on where it would go which is definitely 101% lost of money
when those greedy scammers would tend to ran the money that they had accumulated.

There are people who might able to know the true essence of ponzi's but still choose to invest with it with the hopes that they can make quick money and cash out.

Lucky if you do able to get out but if not then that would be a total disaster.Its our money though but it had been suggested for how many times that it isnt really worth for the risk.

That's the nature of ponzi scheme, you don't loss right away, at first you are making money so you will be entice to make a deposit again and once you put big money, that's the time you will lose. We should learn from that and help our friends and other people to get educated about what ponzi scheme is, the root cause of this is our own greediness that we anymore fail to see it's real risk.

It is a trap and if you are aggressive to put additional money thinking that you will still be receiving more, don't get surprised that they will gone. This is the story of my friend, Ponzi Scheme has nothing to share with you back and they will make you cry. That is pretty obvious and I really don't think people will try to do it just something to prove if that is truly a scam or not. And actually, they right because they also became victim to this.

I personally wouldn't risk playing with the frauds, they'll outplay you in this. Also, with the Ponzi Scheme, you never know at which level of the pyramid you are, what if your funds will be used to sustain the situated higher up investors, but there won't be enough for you?

And even if you get your money and then belt off, think: who will you benefit from? The poor naive people, who had fallen for the scam, wouldn't that bother you?

And this
might not work, as the organizers of such schemes usually take full control of your investments, otherwise, they can't maintain the system and lure new people.

Not many people can earn with the Ponzi scheme because that will still need luck. Many of the Ponzi become scam after they can collect much money from people who tempt their offers, and that will not take too long for the Ponzi site to run away after they got the money. Many of us get the same experience with the Ponzi because we think that we can make money from the investment quickly. We lack the information, and we are so greedy to expect to make a big profit quickly.

The Ponzi scheme still runs to invite more people to join with their investment programs, especially for people who new in the crypto world and don't have much info about the Ponzi scheme. If we read about the offers of making money in a short time, we need to be careful and always search for more data, so we can know if that offers is real or it will scam us.

I think the "too good to be true" maxim is for most cases, but it's possible to create "too good to be true" business reward system/model that is good, last long and is sustainable.  Most people likely don't know how to make that possible or they have been decieved into believing it's impossible.