To this point, this is such a blantant scam that anyone who still falls for that fully deserves their fate.
A fool and his money are soon parted.I would
NEVER "invest" in this scheme (if you can even call this investing.. It's more like willingly handing over your
BTC) for several reasons.
First, and foremost, the OP, HereToTrade, the owner of this operation, is severely lacking in moral candor. He continually demonstrates a complete and utter lack of professionalism. His goal should be to win the respect of people, especially those who are hesitant and suspicious, through politeness, diplomacy, and tact. Instead, he chooses to harass and insult those who disagree with him. When people point out the inherent fallacies of his operation, he calls them haters, instead of acknowledging the flaws in this whole scheme.
Second, he continually comes up with a new scheme after his previous ones (which have been at least two other schemes proven to be defunct) are proven to be ineffectual. He simply doesn't know when to call it a day.
Third, it seems his one and only goal is to enrich himself through other people's money. He seems to have no desire to work and earn his own income - instead relying on others to fill his wallet by promising high returns in a system that has already been proven by myself and others to be ineffectual.
What bothers me the most, personally, is what I said in the first part regarding his complete lack of professionalism. I would never willingly hand over money to somebody who so blatantly insults so many people simply for
having an opinion grounded in logic..I also find it completely and utterly amusing that he believes this can and will last "forever" even though Fur11 and I have proven via simple math that this is defunct and ineffective.
Here's some math showing that this pyramid is unstable. I'm assuming that you are taking a third of every level (as that would be the remainder).
Person 1 sends .1. One person is out .1, for a total defecit of .1. Owner has collected 0 total.
Person 1a sends .1, person 1b sends .1, person 1c sends .1. Person 1 collects .2, owner collectes .1. Three people are out .1, for a total defecit of .3. Owner has collected .1 total.
Person 1aa sends .1, person 1ab sends .1, person 1ac sends .1, person 1ba sends .1, person 1bb sends .1, person 1bc sends .1, person 1ca sends .1, person 1cb sends .1, person 1cc sends .1. Person 1a, 1b, and 1c all collect .2. Owner collects .3. Nine people are out .1, for a total defecit of .9. Owner has collected .4 total.
So now the nine people (1aa, 1ab, 1ac, 1ba, 1bb, 1bc, 1ca, 1cb, 1cc) all have to each get three people under them. As we can see from the pattern forming, .2 goes to the person above them and .1 to the owner. After this level, there will be 27 people out a total of 2.7, with the owner having collected a total of 1.3.
On the next level, those 27 people all have to get three people under them. The total defecit after this level will be 8.1, with the owner having collected a total of 4.
As you can see, for the pyramid to progress, you need exponentially more and more people to join. The total deficit rises and rises as you'll continuously have more and more people out money. When they get paid back, you have even MORE people out money. It's unstable because there aren't an infinite amount of people with an infinite amount of money...eventually nobody else wants to contribute, and the system stops, and the nature of something like this is that when it stops, it'll always be at the maximum deficit.
HereToTrade has either
not at all thought out the sustainability of this project.. Or has, and intends on running off with the money once it becomes clear this project is defunct.
Based on his behaviour - his crass insults and abject behaviour - leads me to believe that this is indeed a scam. He seems continually to demonstrate that his only objective is to enrich himself no matter what the cost - even his own reputation. He himself
does not care how he appears to the public as he has no hesitation in regards to insulting people, for yet again,
simply having a logical opinion.Based on his behaviour - his crass insults and abject behaviour - leads me to believe that this is indeed a scam.