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will this be a form of piramid scheme?
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Topic: will this be a form of piramid scheme? (Read 442 times)
vite
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will this be a form of piramid scheme?
May 03, 2013, 12:12:58 AM
#1
http://www.zurker.com/
Pegged to 22 currencies yet no information as to how the "zen" currency is infact issued.
And they sure give bitcoins a bashing on their sister site.
herzmeister
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Re: will this be a form of piramid scheme?
June 07, 2013, 01:12:38 PM
#2
isn't necessarily a pyramid scheme, but it's centrally issued and managed.
https://localbitcoins.com/?ch=80k
| BTC: 1LJvmd1iLi199eY7EVKtNQRW3LqZi8ZmmB
greyhawk
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Re: will this be a form of piramid scheme?
June 07, 2013, 01:16:40 PM
#3
It's pretty much a pyramid scheme:
http://manurevah.com/blah/en/blog/Zurker---Making-Pyramids-Appear-Flat
Cue a thousand *coiners going: "A pyramid scheme? Where can I sign up for that?"
mprep
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In a world of peaches, don't ask for apple sauce
Re: will this be a form of piramid scheme?
June 07, 2013, 01:22:25 PM
#4
Quote from: greyhawk on June 07, 2013, 01:16:40 PM
It's pretty much a pyramid scheme:
http://manurevah.com/blah/en/blog/Zurker---Making-Pyramids-Appear-Flat
Cue a thousand *coiners going: "A pyramid scheme? Where can I sign up for that?"
Guess some people quickly fall for various schemes.
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greyhawk
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Re: will this be a form of piramid scheme?
June 07, 2013, 01:24:53 PM
#5
Quote from: mprep on June 07, 2013, 01:22:25 PM
Quote from: greyhawk on June 07, 2013, 01:16:40 PM
It's pretty much a pyramid scheme:
http://manurevah.com/blah/en/blog/Zurker---Making-Pyramids-Appear-Flat
Cue a thousand *coiners going: "A pyramid scheme? Where can I sign up for that?"
Guess some people quickly fall for various schemes.
Not so much "fall for", but *coiners have a history of overestimating their own abilities expecting to ride the pyramid on top, then invariably drowning when the whole thing inevitably sinks. See pirate, miningunited, etc. etc. etc.
herzmeister
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Re: will this be a form of piramid scheme?
June 07, 2013, 01:26:10 PM
#6
yeah, they have this vShare thing going, which
might
be a pyramid scam (I haven't looked into it).
but their Zen currency is something different and new, they just trade it 1:1. Like Liberty Reserve etc essentially.
https://localbitcoins.com/?ch=80k
| BTC: 1LJvmd1iLi199eY7EVKtNQRW3LqZi8ZmmB
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