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Those HYIP forums felt, to me at least, like it was Ponzi meta-investing. Many of the HYIPs paid out for a little while to encourage more 'investments'. So the
by ROFISH 13y ago
Those HYIP forums felt, to me at least, like it was Ponzi meta-investing. Many of the HYIPs paid out for a little while to encourage more 'investments'. So the part of the game was to get into early ones, but then get your money out before it closed.
- brazzy 13y agoSo there were absolutely no differences to "normal" Ponzi schemes, except the participants went into into fully knowing what it was, but believing they knew how to beat the odds.