Quote from: HCP on July 10, 2016, 10:44:07 PM

Quote from: sase007 on July 10, 2016, 10:26:14 PM

Phew... I was about to invest in this site! Lucky it collapsed before I did (I was going to invest yesterday wo would've earned no profits and lost some bitcoin as a result.

If you don't mind, may I ask why you were considering investing in a scheme like Coince?

Was it the (ridiculously) high returns on offer? Was it that you felt the need to "do something" with your bitcoins? Was it the slick looking website with lots of "information" (but little actual proof of what it was they were actually doing to make money)?

I'm just curious to understand why people keep getting sucked into these fairly obvious ponzi schemes. Honestly, with the way the global economy is at the moment, anything offering more than 5% PER YEAR is likely to be very risky and/or a scam. There is no such thing as "easy money" unless you want to get into criminal activity or gambling... but the risks involved there are also high, as are the penalties for losing.

Hmm, interesting question. I think most people do invest in these schemes knowing tha thtye are onzis and that they are likely to fail. I'd consider to invest a small amount in it just to test it as it is a way of gambling, the same question could be asked as to why people gamble (I'm sure there are similar intentioins of both)?

In some ways ponzis could be considered good for newbies as it shows them that there are scammers for even small amounts of the money they have.