Post
Topic
Board Service Discussion
Re: GAW / Josh Garza discussion Paycoin XPY xpy.io BTCLend LNC. ALWAYS MAKE MONEY :)
by
GSpgh
on 02/01/2016, 16:03:29 UTC
Most people could have made it out with profit as well if they are not that greedy

most couldn't that's not how ponzis work

few can make a profit most will lose

remember for you to sell those paycoins or hashlets or whatever someone had to buy them

if most were smart then -> fewer buyers -> lower demand -> lower prices -> little or no profit

and on top of that garza was dumping so...

The number of people that got out and those that suffered are alot difference there. Garza made an exit strategy many times by making promises on his hashlets and whatever, they could have sell those while he was hyping but I guess thats what his cult are good for, they are the true 'believer'

that still doesn't defeat the simple math equation: for someone to sell someone has to buy and if fewer people believed the hype then fewer would have been able to "exit"

sure that's a preferable outcome (scam would have collapsed early) but please don't make it sound that everyone had a chance to exit with profit

or to take this to the extreme - if NOBODY believed then nobody would buy and all sellers would have lost everything because the product has zero value

remember there was no actual income or any other value generating mechanism other than ponzi hype

so by definition most HAD to lose in order to make money for garza. If only customers were selling to each other then it would be almost zero sum game but when you take garza's cut out it's a guaranteed loss for most of those whose name is not garza