Is FORSAGE a Ponzi scheme?

[Inkdatar]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

A friend of mine invite me to join this forsage and also why their members always inviting people to join them.There’s already spreading news about forsage a scam and people already warned by SEC not to invest. I believe it's just another Ponzi scheme so best is to avoid investing to this kind of offer with high return of profit. Don't fall for this you will regret it later on once your money will lose.

[WannaCry]

yes, it is.. there is a warning from Philippine Security Exchange and Commission that beware of this investment. I don't know why people still fall for like this investment. there is no such easy money.

[NavI_027]

Is FORSAGE a Ponzi scheme?

Yeah! Like what others said, it was debunked almost two months ago already. You can take this as another reference/proof: Beware: FORSAGE another scheme (Ponzi)

With regards to buying eth, better to use Coins.ph dude. Then hodl or do spot trading in coins pro. I guess that's the best option you can have instead of trusting on new investment platforms. Good luck kabayan .

[Restmand]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

Stay away from it this is a Ponzi Sheme at first its good because all its promises is given but for sure times come it will result to scam. Buy ETH and hold it or buy some alts which has good potential in the future. Success needs effort and time.

[Eternad]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

A friend of mine invite me to join this forsage and also why their members always inviting people to join them.There’s already spreading news about forsage a scam and people already warned by SEC not to invest. I believe it's just another Ponzi scheme so best is to avoid investing to this kind of offer with high return of profit. Don't fall for this you will regret it later on once your money will lose.

After the Sec Issuance their is another new one which is Forsage Tron which is very new and they only requires half of joining fee or to be a member. Now they using TRX to their ponzi schemes as forsage may be delisted in ETH platform soon as many it seems to ruin or used the platform in different way. We should always beware of ponzi schemes, be considerate to the people who will be affected after the invitation.

[Miaallen]

It is not a ponzi scheme but an imitate of Multi Level Marketing Network. I see it as just a kind of crowdfunding to help few people at the expense of others as they must reach a certain level to make their earning. I don't encourage anyone to join it.

[riso2015]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

Stay away from it this is a Ponzi Sheme at first its good because all its promises is given but for sure times come it will result to scam. Buy ETH and hold it or buy some alts which has good potential in the future. Success needs effort and time.

Usually, this kind of investment is only profitable for those who joined at the beginning, not for those who joined later, because usually the last participant will feel the scam without getting profit, or even capital does not return.

[Gorosden]

I believe Forsage is a scam project since many have talked against this project, the early investors make the best gains and those who joined after will get rekt, something that's only possible through Ponzi schemes

[judeafante]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

It's 100% Ponzi scheme based on a smart contract as we all know you can create a lot of things in Ethereum smart contract to the point that you can create an HYIP and Ponzi scheme out of it, these developers are very cunning they made a lot of money making this Ponzi scheme credible to the eyes of investors.

[Kotone]

I believe Forsage is a scam project since many have talked against this project, the early investors make the best gains and those who joined after will get rekt, something that's only possible through Ponzi schemes

It will become a scam project eventually. Thats how ponzi works. Funds will keep pour on the first months and will died out when there is no more funds circulating on the platform. Actually they only just used the eth platform but you can see the methods are still the same you dont invite you still earn from holding but of course everyone will keep find underlings to gain more commission. So still it will be a multi level chain of invites. Beware about this cause its 100% scam.

[LogitechMouse]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

FORSAGE Ponzi Scheme has been in our country for months already and base on their matrix, I conclude that this is just like one of the many ponzi schemes around the internet.
What's worse is they are owning Ethereum.

Well, its a ponzi scheme. No further explanations. If you want to invest and risk on it then go ahead. We've warned you and all of the other users here who want to invest on that scam company. Better keep your money or you will regret investing it on Forsage.

[lienfaye]

Its a ponzi scheme and those who joined first and had many referrals are the luckiest on this kind of investment.

A friend of mine convinced me to join in forsage, he is just new to crypto and someone invited him and he eventually invested.

But now it seems he is regretting his decision after learning the process on how to earn.

[Saisher]

Its a ponzi scheme and those who joined first and had many referrals are the luckiest on this kind of investment.

A friend of mine convinced me to join in forsage, he is just new to crypto and someone invited him and he eventually invested.

But now it seems he is regretting his decision after learning the process on how to earn.

The structure is easy to trace if there are no products or services and you can only earn from inviting people and if they invest, you can easily tell that it's an MLM or Ponzi scheme those who came in early are the one who can make the most profit while if you are a latecomer you have to recruit or refer a lot reach payout sometimes it will not happen to latecomers.

[hidden jutsu]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

Yes, this is just another scheme that will just take your money. So, it is way better to buy your ethereum and keep it until its price reaches your expected amount that buying ethereum and invest it in forsage. If you invest it, instead of making a profit, you will end up having nothing and there will be no way to take it back.

[AmoreJaz]

Its a ponzi scheme and those who joined first and had many referrals are the luckiest on this kind of investment.

A friend of mine convinced me to join in forsage, he is just new to crypto and someone invited him and he eventually invested.

But now it seems he is regretting his decision after learning the process on how to earn.

The structure is easy to trace if there are no products or services and you can only earn from inviting people and if they invest, you can easily tell that it's an MLM or Ponzi scheme those who came in early are the one who can make the most profit while if you are a latecomer you have to recruit or refer a lot reach payout sometimes it will not happen to latecomers.

better spend your money in eth. that kind of strategy is ponzi! crystal clear! people are falling to this trap because of the hope that they will get good money but not for you if you are already behind the train. and i dont think it is really good to earn money while others behind you are suffering. with eth, you are not stepping someone else's feet.

[Mpamaegbu]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

If a business asks you to bring someone else before you can earn, be weary of it. It's the same way I am weary of the so called Forsage. It takes money from newcomers and pays old members as commission without any tangible business to fall on. The worst part is that there is a lockdown period before you can withdraw your earnings. Again, be scared and weary of any platform or business that encourages lockdown as its business module. Run as far as you can away from such. They always come down crashing, sooner than later.

[angrybirdy]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

If a business asks you to bring someone else before you can earn, be weary of it. It's the same way I am weary of the so called Forsage. It takes money from newcomers and pays old members as commission without any tangible business to fall on. The worst part is that there is a lockdown period before you can withdraw your earnings. Again, be scared and weary of any platform or business that encourages lockdown as its business module. Run as far as you can away from such. They always come down crashing, sooner than later.

I do agree. People should be wary of their investment if they are being required to refer more people just to earn more. This forsage is a scam that their only goal is to gather more people to become their victim, because the more people they gather, the more money they can get.

[Rabinovitch]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

If a business asks you to bring someone else before you can earn, be weary of it. It's the same way I am weary of the so called Forsage. It takes money from newcomers and pays old members as commission without any tangible business to fall on.

That's MLM marketing. Nothing scary, it's just exist. Will the project scam depends on it's founders, on their goals and intensions, and the most important - on exact model they chose. To get rich quick at the expense of gullible users or something else. Take a look at BTCLife Global.

The worst part is that there is a lockdown period before you can withdraw your earnings. Again, be scared and weary of any platform or business that encourages lockdown as its business module. Run as far as you can away from such. They always come down crashing, sooner than later.

There are no obstacles to withdrawing funds from the BTCLife Global, what you earned is that you earned. Please watch my video in that thread. Avoid dubious projects, join verified ones! 

[tvplus006]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

As a rule, classic multi-level marketing schemes can be called Ponzi schemes. In such schemes, the participant's income is generated by attracting new investors to buy slots. It should be understood that if a company does not have a real business, it can not make a profit that would go to pay dividends.

[sayulita]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

It is a multi level marketing scheme, until new members keep on arriving after you, the contract will keep you paying money and once no new users come to the contract the contract will fall and along with it the scheme and payouts too. The same was once with a game on the Ethereum blockchain where you had to be the last one person depositing in that contract when the timer was at 30s and once a person deposits in that contract the timer would again increase by adding xseconds where the value of x was always a constant and this contract too attracted more than 7k Ethereum at once in the prize pool.