Cryptopyramide.com - Ponzi scheme

[tvplus006]

What happened: Ponzi scheme
However, there is no need to prove anything, the site directly says that this is a ponzi scheme.

10% PROFIT FOR 30 DAYS

Flag type 1 (support/oppose): https://bitcointalk.org/index.php?action=trust;flag=2921

Thread Link: https://bitcointalk.org/index.php?topic=5388238.0
Archived: https://archive.ph/jXVAn
Scammer Profile Link: https://bitcointalk.org/index.php?action=profile;u=3451375
Website: https://cryptopyramide.com/
Archived: https://archive.ph/lB2JM

  Domain Name: CRYPTOPYRAMIDE.COM
   Registry Domain ID: 2676546782_DOMAIN_COM-VRSN
   Registrar WHOIS Server: whois.PublicDomainRegistry.com
   Registrar URL: http://www.publicdomainregistry.com
   Updated Date: 2022-02-22
  Creation Date: 2022-02-21
  Registry Expiry Date: 2025-02-21
   Registrar: PDR Ltd. d/b/a PublicDomainRegistry.com

[1715119518]

1715119518

[Pyram78]

What exactly is the deception?

All honestly described on the site.

Today 90% of Internet projects is hiding this or that information from investors, and the audit of Internet projects can last several years.

The site is registered 2022-02-21.

He's not in the archives. He's new.

[acroman08]

-snip

the OP posted a scam accusation against you/your Ponzi scheme because, well, you are running a Ponzi scheme. it doesn't matter if you are telling the truth because at the end of the day you are still running a Ponzi scheme and should be avoided.

[Pyram78]

I can change the name to any other name, but it will not essentially change anything.

Charles Ponzi Pyramid was found to be a fraud because he hid the source of income from investors (who were new investors).

If you name a lottery after Ponzi it automatically becomes a scam (if not different than any regular lottery)?

Negative associations with the name of Ponzi are detrimental to the advertising and promotion of the project, but cannot be proof of fraud (that is, knowingly false information to investors in order to make a profit).

You accuse me in advance of fraud based on negative associations with the Ponzi name without any real evidence.

Telling the truth is very important in any project!

If you withhold information from investors, it will be a fraud, no matter what name the project will be called.

What do you think about this?


P.S. After criticism from the crypto community, I made changes to the project.

[TheUltraElite]

However one might try to justify it, a ponzi scheme is a ponzi scheme and although the forum administration does not moderate scams DT members have the right to mark the users promoting these scams as a dangerous mode of investment. Therefore any flag regarding this matter will be supported by other DT members and probably the accused account tagged.

A HYIP/MLM takes money from new investors to pay its old investors, some people might make some money out of this but the real winner here is the one operating the scam and the ones who are getting affiliate commissions from it.

Hence newbies should stay away from this unless they are mature enough to know how this scam works.

[tvplus006]

What exactly is the deception?

All honestly described on the site...

Such your truth does not change anything, even if you honestly admitted that you advertise scam, it does not cease to be a fraud. It's just that in this case, it doesn't take much effort to prove that the program you are advertising is a ponzi scheme.

[coin-investor]

How can something like this works when all things are based on trust, since you will be at the head of the pyramid or two of your account you will make a profit then, checking the site I don't see information about how it works only the concept, obviously you made a lot of changes because you are caught, anything that has to do with pyramiding is considered a scam, only those who are on the top, of course, the admins will make money here first.

[ScamViruS]

Some crypto investors still deposit their money on such websites which is surprising to think. This website is telling their purpose in advance and even after seeing these, it will be said in advance that whoever will invest, he will lose his invested money. No one can profit from this Ponzi scheme website because the purpose of these websites is to scam greedy investors.

[Pyram78]

My website says (profits are generated by new investors) - what is the point of cheating people?

I understand that according to the classical Ponzi scheme a lot of fraudulent projects were created and investors of these projects suffered.

I understand the negative attitude of people to Ponzi schemes, but fraud is deception, withholding information or deliberately false information for investors (players).

Show me where I have false information on my site or what information I am hiding.

Perhaps we do not understand each other.



If the truth is a deception, then I just don't have any arguments
that you would accept.

My understanding is to wait 60 days and see if the truth is a scam, a fraud.

If I were a scammer, I would spread information about my site through social networks where there are not very knowledgeable about cryptocurrency.

I posted information on crypto-forums where people who are experienced in these matters.

[hosseinimr93]

My website says (profits are generated by new investors) - what is the point of cheating people?

What will you do when the money deposited by new users isn't enough for paying existing users?

My understanding is to wait 60 days and see if the truth is a scam, a fraud.

Even if you pay all the users for 600 days, it won't change anything.
All ponzi schemes are scam. They pay the users in the first days and finally run away with users money. There is no exception.

[Pyram78]

Please read what I have on my site carefully!
Perhaps there won't be any questions.

[hosseinimr93]

Please read what I have on my site carefully!

I have read it.  
The website says that the profit comes from new investors. That's exactly the definition of a ponzi scheme.
I recommend you to search for "Ponzi Scheme" on google and see what you get. By definition, a ponzi scheme is a form of fraud. Even if you mention that on the website, it doesn't change anything and it's still a scam.

[Pyram78]

Look it up on wikipedia - fraud, deception, Ponzi scheme.

Truth cannot be deception by the definition of words.

Read my posts above.

[hosseinimr93]

Read my posts above.

I read your previous posts. but you didn't answer my question.

How can you guarantee the 10% profit in 30 days?
What will you do if the money invested by new users isn't enough for paying the old users?

If I invest 10 BTC, I should be able to withdraw 11 BTC after 30 days. What if I am the only one who have deposited to your website? Where will the 1 BTC profit come from?

[Pyram78]

It's not a profit guarantee (never mind 1 LTC or 100 BTC), it's a guarantee to follow the rules of the game which you can check for yourself and not rely on user feedbacks.

I don't want to copy the site to the reply page.

If you transferred 10 BTC and there are no new investors in 30 days you will get 9.9 BTC back.
(10 BTC - 1% = 9.9 BTC)

It is always the last investor who takes the biggest risk, he can lose everything, because his money will be used to pay to previous investors.

All this is in the rules on the site.

[tvplus006]

...Truth cannot be deception by the definition of words.

If you think that by talking openly about the ponzi scheme, you thereby become an honest businessman who openly declares everything that they will lose their money, then you are mistaken. Many people have previously tried to explain to you why the ponzi scheme is a fraud, but you still don't understand. In my opinion, a very good explanation is provided by the Binance Academy: https://academy.binance.com/en/articles/pyramid-and-ponzi-schemes

[Pyram78]

I read your link carefully.

It describes precisely the concealment of information about the rules of the game from investors, this is fraud.

My rules of the game are open, that is the difference between fraud and fair play.

People play lottery, bet on betting, play casino, why they all don't shout SCAM! SCAM!
after all, the money that the winners receive is taken from the victims.

Because the rules of the game are transparent and understandable to players.

People understand the responsibility that they can lose their money if they lose.

[Bitcoin_Arena]

I read your link carefully.

It describes precisely the concealment of information about the rules of the game from investors, this is fraud.

My rules of the game are open, that is the difference between fraud and fair play.

People play lottery, bet on betting, play casino, why they all don't shout SCAM! SCAM!
after all, the money that the winners receive is taken from the victims.

Because the rules of the game are transparent and understandable to players.

People understand the responsibility that they can lose their money if they lose.

No matter how much you try to sugarcoat it. A pyramid or Ponzi scheme is considered a scam here.

The difference between casinos and Ponzi schemes is  because of this



Casino don't promise guaranteed profits, so people already know that.

[Pyram78]

I don't promise 100% ganted profits!

Where did you find this on the site? Show me.

If I write on my toilet (Ponzi pyramid) it will also be considered a scam?

I try to talk about the essence of things but everyone repeats like a SCAM mantra! SCAM!

[acroman08]

No matter how much you try to sugarcoat it. A pyramid or Ponzi scheme is considered a scam here.

the dude is extremely delusional, he is hell-bent on believing that he isn't running a scam and that he is an honest "businessman".

People play lottery, bet on betting, play casino, why they all don't shout SCAM! SCAM!
after all, the money that the winners receive is taken from the victims.

your scam and the casinos, lottery, betting, are extremely different. it is unbelievable that you even thought of comparing these things.