Nah, need my beer money every day !
Haha, atleast you have a sense of humor. In all seriousness you guys should be careful when working with HYIP's and Ponzi's and Scrypt.cc pretends to be a mining business but won't provide proof.
Ponzi's are damaging to the Crypto ecosystem because that money gets sucked out of the community, there is only a limited amount of money and BTC and should end up back into the community whether it's to investors or different community developers that provides services. If that money is being sucked out and sold into fiat and being spent on hookers and blow then the value for everyone else is less and you gain less advancement of the tech itself.@Crestington
Sure! but dooglus said
In investments there are no secrets, you will tell everyone to to make the business have more cash flow and will be followed with success so your own investment would be more safe than keep it your little secret.
There are only a certain number of LTC mined each day. The more people who get involved, the less LTC each of them is able to mine. It's a case of deminishing returns and so it makes little sense to have "reflinks" for real mining operations.
When you see people being rewarded for recruiting new people to "invest" in a "mining" operation, it's likely a Ponzi, not a real mining operation.
To put it simply: suppose you have 50% of the LTC hash rate. You earn 50% of the LTC that are mined. Now suppose you recruit a bunch more people and you double your hash rate as a result. Do you now have 100% of the hash rate? No, you don't. You have only 66% of it. The original 50% is now only 33% of the total, and the new recruits are also only 33%. By recruiting more people your own profit has dropped.
Now I dont know what to decide.
Some people say "dont invest in ponzi, they damage Crypto ecosystem" other people say "the more of us invest in LTC(main scrypt coin) mining the less we earn".
As I see there is a dead-end, with LTC at least.
Or do I misunderstand?