Re:Bitcoin Ponzi scheme
by eterm on Saturday February 08, 2014 @03:28PM
(#7202537)
Even if it's not one person depositing a large amount, the backlog must grow larger and larger as time continues, this site actually has to grow exponentially to keep payout times constant.
[ Parent
| on HN ]
Indeed, the liquidity here is the popularity of the site itself so as soon as the media buzz fades out the last ones to invest are going to lose everything; just like it always happens in ponzi schemes.
Re:Bitcoin Ponzi scheme
by poopsintub on Saturday February 08, 2014 @04:34PM
(#7202850)
Poor Kevin Bacon didn't know what hit 'em.