> Turns out I was too smart for my own good. Almost every ponzi scheme can be exploited ... You're misusing the term "Ponzi scheme". A speculative system that

> Turns out I was too smart for my own good. Almost every ponzi scheme can be exploited ... You're misusing the term "Ponzi scheme". A speculative system that relies on volatility and wishful thinking isn't necessarily a Ponzi scheme (might be but not necessarily). A classic Ponzi scheme has layers or levels that are treated differently. Ordinary speculation about a volatile entity doesn't have this property. http://en.wikipedia.org/wiki/Ponzi_scheme http://en.wikipedia.org/wiki/Ponzi_scheme Quote: "Typically, extraordinary returns are promised on the original investment[5] and vague verbal constructions such as "hedge futures trading", "high-yield investment programs", or "offshore investment" might be used. The promoter sells shares to investors by taking advantage of a lack of investor knowledge or competence, or using claims of a proprietary investment strategy which must be kept secret to ensure a competitive edge."