Post
Topic
Board Beginners & Help
Re: Newbie's point of view / Suggestions needed
by
ragi
on 03/06/2015, 14:34:16 UTC
What is ponzi? I'm a newbie too and I've been seeing this word a lot. Is it like a scammer website?

A scam involving paying off money to old investors with new investors' money. Eventally the last group of people paying into the scam never get their money back.

Want to read more? http://en.wikipedia.org/wiki/Ponzi_scheme