Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest

Quote from: arallmuus on Today at 04:46:32 PM

Quote from: jaysabi on Today at 04:38:09 PM

Can someone explain this to me like I'm a dummy? How can you possibly earn a guaranteed 45% APY over any period of time? All conventional wisdom says anything like this is a ponzi scheme, so I must be missing something.

You need to read the term and conditions for the 45% APY savings.

It is 45% APY for only 14 days locked savings. That break downs to 0.123% per day so total of 1.72% for 14 days. Individual cap of 100,000 FUN Token and total cap of 2M FUN Token so even if someone put in 100k token that would be an extra of 1720 FUN after 14 days

This is only to incentive people to stop trading their FUN Token and save it instead, not to give free money to everyone else

I absolutely don't think BTT users are stupid (idiots). And on the contrary, almost everyone who writes here is educated and smart people. But I also think that 45% is also very suspicious and a large figure, although it may be acceptable for some crypto coins. But many people are accustomed to counting the annual interest on deposits in dollars or national currencies, and of course such large numbers seem to them to be a hoax or a Ponzi scheme.