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/biz/ - Business & Finance


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8405138 No.8405138 [Reply] [Original]

Not a thread for trying to get people to buy in so fuck off with your pajeet masternodes. I was thinking about this and it might not actually be a pyramid scheme by definition.
From wikipedia:
A pyramid scheme (commonly known as pyramid scams) is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal.
Arguements for each side.
Yes:
>Early Investors have an advantage
>Rewards for recruiting
No:
>Zero sum so cannot collapse and leave no money to pay out investors.
>Doesn't make false promises the payout structure is clear and open.
>Initial investors lose money to later investors via dividends when they sell, in a normal pyramid early investors can profit off later investors but not vice-versa.
>If the pyramid 'crashes' the bag holders become the ground floor.

This seems to meet the definition of multi-level-marketing more than a pyramid scheme.

>> No.8405170

All of these things seem to be. If you're creating one, it's unethical but you'll profit; if you join on early, still unethical, but you've got good chances to end up with a profit; if you join one that's been going on for a while, then you're not the smartest person around and are letting greed blind you.

>> No.8405287

>>8405138

don't forget to tell them the link to join is powh.tk

>> No.8405293

>>8405170
Meh, a mate of mine bought in 3 days ago and is in the green already. It's been running almost 3 weeks and not slowing down

>> No.8405313

>>8405170
They may 'seem to be' but by definition if it is not a pyramid scheme then its not a pyramid scheme and thats what I'm asking.

>> No.8405411

The dividends get smaller as more people join so its only profitable if you get in soon, In a few weeks it will not be anywhere near as profitable

>> No.8405468

>>8405287
Op said not a shill thread faggot

>> No.8406159

>>8405468

bump. treyvon james just started promoting this, get in quick it's gonna blow up guys