Quote from: sorryforthat on January 02, 2015, 12:09:01 AM

Quote from: rokkyroad on January 02, 2015, 12:03:24 AM

Quote from: sorryforthat on January 01, 2015, 11:58:43 PM

Quote from: rokkyroad on January 01, 2015, 11:55:47 PM

Paycoin did not fail.

Its turned out to be a very successful ponzi scheme. Maybe the best one we've seen in this space.

Gawd only knows how many million they raked in.

Why is the word Ponzi thrown around so loosely?

If it walks like a duck ... quacks like a duck ...

Seriously, its not looking good. Hashtalk is melting down ... people are really getting riled up ... now its offline.
Gaw needs to do something if they want to restore some faith and, above all, trust. They made promises and now they pull back. Not good.

That doesn't make it a Ponzi. I get it, the company is going through some shit and things look terrible. I could care less which way it goes. But the company does/did sell hardware and makes money in other areas that arent Zencloud and Paycoin. It seems every new scam is a Ponzi and the word is used out of context very often here

Agreed but was still probably manipulated by pump and dump groups. All happened fast which instantly makes me suspect devs had some role. It's a standard penny stock scam, not a ponzi.