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Technically, there are black markets with high margins like that. But even in that case, why would they want to give these margins away to somebody else instead
by ye 13y ago
Technically, there are black markets with high margins like that. But even in that case, why would they want to give these margins away to somebody else instead of giving a dollar to themselves.
- sandwell 13y agoBecause they need capital to invest in the first place? My bet is that it is some kind of viral Ponzi scheme where some early adopters (or very gullible but lucky people) get a good return and talk about it until it reaches some target, then the guy running it shuts down. I'm pretty sure I saw a few of these running over on SilkRoad about a year ago - you sent the seller some coin and got it back + 25%, 50% etc the next week. Lots of good reviews, very likely some people made quite a bit of money when SR was shut down by the feds.