"you have no proof Micon! I want to believe so badly that whatever scam I'm invested in or whatever scam I'm running is really my ticket to riches, so much so that I can easily put myself into a state of denial where I believe 7% per WEEK paid interest is in any way sustainable and not an outright, blatant, and obvious scam"
I must post this again because some of you missed it the first time. I'm going bold + different color this time for max effect:
This is a statement from the Wikipedia on Ponzi schemes --> http://en.wikipedia.org/wiki/Ponzi_schemeTypically extraordinary returns are promised on the investment,[5] and vague verbal constructions such as "hedge futures trading," "high-yield investment programs", "offshore investment" might be used. The promoter sells shares to investors by taking advantage of a lack of investor knowledge or competence, or using claims of a proprietary investment strategy which must be kept secret to ensure a competitive edge.
Here is what Pirateat40 has listed as the reason he makes money and can pay 7% weekly interest --> https://bitcointalk.org/index.php?topic=50822.0Q: What are my coins used for?
A: Coins are primarily used for large investment transactions but may also include the following:
Market Arbitrage
Private Loans To Network Members
Never Criminal/Illegal Related
Q: How do you make enough money to pay these rates?
A: If I told you then I couldn't do what I do.
Any man of science can see this is a slightly updated BTC-version of a Ponzi scheme.