Post
Topic
Board Service Announcements (Altcoins)
Re: Scrypt.CC | Scrypt Cloud Mining
by
Kenny2421
on 03/09/2015, 07:56:06 UTC
Ponzi is a person's name. It is who "Ponzi scheme" is named after. You seem to remain convinced that Ponzi scheme did not occur.

Some people have pulled money out of scrypt.cc successfully. Where did that money come from? It has been pretty well demonstrated that it did not come from mining. If it was earned through some other legitimate business activity, or if it came out capital reserves held by scrypt.cc (that is, the guy paid investors profits by reaching into his own pockets), then we don't have a Ponzi schme. But both of those seem really unlikely, don't they? It seems much more likely that investors who actually received money received it because it was stolen from other investors. So although it is possible that there was no Ponzi scheme, I cannot think of a realistic alternative source for the money that was paid to some investors.

Sorry I'm aware that "ponzi" is a name, didn't say it, meant that it is a bunch of squiggles on my screen when it comes up. I'm not debating that the money payed to people who have received it from somewhere, and the question is where, not how. I simply look at this from my perspective as the stupid little greedy fuck that i am, and scratch my head trying to understand how it is that i can get all of this money people send me for a "Mining" service, and just redistribute it. I *COULD* go buy a few real miners, and therefore cover my tracks, and play it all cool like i have a specific number, and keep all the money for myself, and give to users from what the stupid boxes are making. I think to my self how sneaky i am, and how i was once just giving all of my money away for free.

This is how i look at it. Why give back for free what has been given to me, and not instead make even more and simpley gve back even less. Perhaps there is a point to the ponzi Scheme in which i missed that makes it more profitable than near 100%.