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Another Pyramid Con
Comments
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Yes there is a chance it will go belly up , I ( and it seems most posters on here ) reckon its a 100% chance ........ I am at a loss as to how it can be explained more simply tbh.0
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giveandtake wrote: »Spreading confusion in an attempt to make it look plausible?? I wouldnt even know how to do that.......
I have not claimed that everyone will make money/profit, I claim that I havent seen anyone lose it....
How does it not work? If you get 23k paid out to you and you choose to go into another chart somewhere along the way and that one falls to pieces for whatever reason, then you have still made a profit of 17k...
Quite simply, if anyone makes a profit, someone else makes a loss. This is because all the profits are simply made by movement of money from other people.
The only other solution is that everyone ends up with no profit or loss.
What will happen is that people will make profits until the scheme goes belly up, then leaving a mess of people who lose money.
If you want a clear example then describe the detail of the chart.Happy chappy0 -
tomstickland wrote: »Quite simply, if anyone makes a profit, someone else makes a loss. This is because all the profits are simply made by movement of money from other people.
The only other solution is that everyone ends up with no profit or loss.
What will happen is that people will make profits until the scheme goes belly up, then leaving a mess of people who lose money.
If you want a clear example then describe the detail of the chart.
I think we have more or less covered everything now! All I can really say is that the people I know that are involved (about 30) are happily doing it and its all moving nicely (some quicker than others). I really really dont want to see anyone lose their money or be hurt so you can all rest assured that if it all starts going wrong then I will be strainght back on here warning people off. Afterall, that was the point of my first post........ i will be 100% truthful even if it means that I have to have a slice of humble pie!!0 -
People who take part in these schemes are akin to gamblers and smokers.They are convinced their vice is harmless,no one will suffer, and that they are right and everyone else is wrong.
Unfortunately it is always family and friends that suffer.0 -
giveandtake wrote: »Morning,
I think we have more or less covered everything now! All I can really say is that the people I know that are involved (about 30) are happily doing it and its all moving nicely (some quicker than others). I really really dont want to see anyone lose their money or be hurt so you can all rest assured that if it all starts going wrong then I will be strainght back on here warning people off. Afterall, that was the point of my first post........ i will be 100% truthful even if it means that I have to have a slice of humble pie!!
Glad to hear it.
There have been some police raids around here according to the grape vine.
lets hope you won't be eating your pie shortly.0 -
People who take part in these schemes are akin to gamblers and smokers.They are convinced their vice is harmless,no one will suffer, and that they are right and everyone else is wrong.
Unfortunately it is always family and friends that suffer.
To put it bluntly, they are criminals and money launderers."You were only supposed to blow the bl**dy doors off!!"0 -
giveandtake wrote: »Morning,
I think we have more or less covered everything now! All I can really say is that the people I know that are involved (about 30) are happily doing it and its all moving nicely (some quicker than others). I really really dont want to see anyone lose their money or be hurt so you can all rest assured that if it all starts going wrong then I will be strainght back on here warning people off. Afterall, that was the point of my first post........ i will be 100% truthful even if it means that I have to have a slice of humble pie!!
If you don't want to see anyone lose money then you should stop right now.
Anything else is encouraging someone to lose money when it all falls over.
If you then propose that this wonderful caring chart ensure that noone loses money then all the winners will have to pay back their money until you're back where you started.Happy chappy0 -
tomstickland wrote: »If you don't want to see anyone lose money then you should stop right now.
Anything else is encouraging someone to lose money when it all falls over.
If you then propose that this wonderful caring chart ensure that noone loses money then all the winners will have to pay back their money until you're back where you started.
Although there is a glimmer of hope there, it still seems that giveandtake still hasn't grasped the basic flaws in this scam, and still thinks that the fairies or a magic money tree will ensure that nobody loses out.What part of "A whop bop-a-lu a whop bam boo" don't you understand?0 -
Ah, the abilities of the human being to self-deceive! Worrying as I guess no-one is completely immune.0
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trisontana wrote: »Although there is a glimmer of hope there, it still seems that giveandtake still hasn't grasped the basic flaws in this scam, and still thinks that the fairies or a magic money tree will ensure that nobody loses out.
i agree, i am ashamed i live in the local area, They cannot be that stupid so it must be greed and bollards to the rest as long as i get my payout attitude. There's alot of people going to be upset shortly.
Before supporters of this scheme get on our case, we ain't green with envy we hate people getting ripped off so however you dress it up, its daylight robbery for the masses and a dream come true for the few at the top.
I guess we will just have to let it runs it course and hope people see light and try and get there money back.
If you don't get it back go and ask your so called friends who have had payout to make good their promises when it goes wrong.0
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