Every story and comment from the Hacker News API, in a layout borrowed from 2001.
A comment on Postmodern Ponzi Schemes: Empirical Analysis of High-Yield Investment Programs [pdf]. Parent comment
Everything you describe happens in the equity market as well. It's simple speculation, not a Ponzi or Pyramid Scheme.
Also I'm not going to go into the details of each, but: Ponzi Scheme != Pyramid Scheme != Speculation
There are no comments on this comment yet.
Everything you describe happens in the equity market as well. It's simple speculation, not a Ponzi or Pyramid Scheme.
Also I'm not going to go into the details of each, but: Ponzi Scheme != Pyramid Scheme != Speculation