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Re: delete Investor-based games section
by
XinXan
on 19/05/2015, 12:45:38 UTC
Because ponzi is the definition of scam, you can just search on wikipedia, it will tell you its a scam, if you search roulette or dice it doesnt say its a scam.

Scams are usually where a person gets duped into something without their knowledge and Ponzis are scams because in the real world their nature is hidden, but the ones in the gambling section here aren't so people know what they're doing when they send them money.

Provably fair and odds, what are your odds on ponzies? Uncertain, no one knows, the owner could run any minute with your money.

Its like smoking, its bad and everyone knows it, yet people chose to do it, but that doesnt make it a good thing, it only makes them stupid

Just because the odds are uncertain doesn't mean anything especially when people are willingly taking the uncertain odds, and like whether someone chooses to smoke or not that is their choice and you have absolutely no say on that.

I agree if something is clearly labeled as a HIYP/Ponzi then it is not a scam at all. If the creator tries to hide that fact then yes it is bad/scam.

It doesnt matter if he hides it or not, scam: n. A fraudulent business scheme; a swindle.  Its the definition of a scam, doesnt matter what, are you going to write a new dictionary?