Quote from: Pseudo-Random on April 26, 2017, 06:45:58 PM

Quote from: Mike Mayor on April 23, 2017, 07:10:08 PM

I never understood how moneypot worked or how they could even call their investment an investment. It's freaking loses money. How ? How can something designed mathematically to create profit create loss? All those casinos would have to have bn losing badly. Moneypot is a nice App and it is clever how it works but the accounts get hacked easily it seems. Also the investment is not an investment and basically makes MP look ridiculous. Since the inbesmtent was the entire idea behind it. If people are.losong money something is wrong. The sky will be blue tomorrow it doesn't matter what you say the fact is the sky will be blue tomorrow . Just like it is fact that a casino with a house edge creates profits not loses them.

What is clearly understood, however, and examplified multiple times in the above post from this simian dudebro, is that as Einstein famously stated, "Very few things are infinite - but chief among them being human stupidity"

-> "..the accounts get easily it seems - [this somehow affects the bankroll]" <- Huh

Of course any investment carries some risk otherwise it wouldn't be an investment

Technically, even not investing in things is risky. You DEPOSIT money to a bank and you're trusting the FDIC to pay out if it tanks. Which means you're relying on the govt. Look at Greece, Mexico, Zimbabwe (insert other countries whose systems have failed in the past here). If you're holding fiat, like USD, it's the same thing. People usually overlook that fact but any "value" you supposedly have is virtual. 85% of USD doesn't exist -- people just think it does so we play this virtual game where it does.

(Not trying to detract from your statement, just adding in that people are risking far more than they realize. The only things that have true value are physical, tangible assets, like property, though we could argue that those are risky both economically and governmentally as well)