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A comment on The Cryptocurrency Industry Is 'On the Brink of an Implosion', Research Says. Parent comment

Re:The Cryptocurrency Industry Is 'On the Brink of an Implos... by blang on Monday October 15, 2018 @02:20PM (#18222198)
Not the parent, but I imagine what they are talking about is the Herbalife depends more on recruiting new members than they are from selling product. I would link but just googling "bill ackman herbalife" will lead you down infinite rabbit holes.
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Re:The Cryptocurrency Industry Is 'On the Brink of an Implos... by jayalpha on Monday October 15, 2018 @05:50PM (#18224130)
I know. A bet that did not turn out too well for Ackman, didn't it? As mentioned by someone here and in my RSS Feed:

http://brontecapital.blogspot.com/2015/06/herbalife-very-lon...

[I don't have any position in Herbalife and I enjoy my shakes Harbalife free]

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Re:The Cryptocurrency Industry Is 'On the Brink of an Implos... by nemo846 on Monday October 15, 2018 @08:49PM (#18225500)
Pyramid schemes strive until they run out of victims.

How much of Herbalife’s success is from selling a competitive product will determine its survival in the long run.

Still its MLM sales methods are questionable and cost a lot of people money.

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Re:The Cryptocurrency Industry Is 'On the Brink of an Implos... by jayalpha on Tuesday October 16, 2018 @12:03AM (#18226379)
If it is a Pyramid scheme. Bronte capital doubts this and they give, as always, decent reasons.
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