so my buddy just shared this conversation with me, and agreed to let me post it to Veeky Forums after blacking out names.
people are now pitching pyramid schemes with a communist twist. no product, they just recruit eachother to give the person above them money for free.
what the actual fuck. watch this guy hard selling trying to get himself out of the hole
2/10
Lmao why is he still your buddy
3/10
ITT we get OP to convince Buddy to go all in on a shitcoin
Wow infinite money! You should invite the Fed to join under you so you can cash out quickly and reinvest again!
lmao people are so fucking stupid i swear
Tell him to put 10 grand in ether tanks
the guy being pitched to is my buddy, not the salesman
4/10
terrible - people who fall for it will get an interesting lesson though
5/10
6/10
I have 5 people posting about this on Instagram lmao. I'm retarded and only understand crypto can someone explain the scam
I understand why people might fall for ponzi's with a layer of abstraction on top (e.g. ethermon), but this is literally the textbook definition being aggressively screamed into your face. Are normans really this retarded?
7/10
The shifty earnings projections remind me of a comic user posted on here a while ago
what the fuck is this bullshit? do retards actually fall for this?
yeah so what they're describing
en.wikipedia.org
which it sort of is.
But what they're actually doing is different. reason being is that the person who can convince more people to join will get more money
What's the name for this? I have a great idea to profit off these idiots. I'm gonna make a website for them to keep track of their pyramids!
Damn, does this guy not understand how saving works? You can literally accomplish the same thing by yourself by just saving $100 every paycheck. I don't get how adults can be this financially illiterate.
it's like a multi level, where you sell a product, and put on the appearance that you are making a super good living with little effort, because the REAL goal is to recruit other suckers to buy in and profit from a fraction of their sales (or more commonly, get yourself out of the hole you got in buying your inventory)
this version seems to cut out step 1, and makes step 2 harder because now you have to tell people to just give you money in exchange for more money. FREE ENERGY SOLVED
8/10
"money pool"
9/9 i can't count i thought i had 10
I fucking hate normans
this is exactly what my buddy thought of when he got pitched this.
sounds like your 'buddy' fell for it
>I'm definitely interested
top kek
Can't find anything through google. Can you post at least one IG username that is part of this? Or a hashtag ?
>he actually thought you were asking how he was
goes to show the lack of brain activity among the people who fall for this shit
>sounds like it but its different
no, it's exactly a pyramid scheme lol
different because you're paying someone for nothing, and then you gotta find someone else to pay you for nothing. never underestimate the power of stupid people in large groups (just ask biz)
instagram.com
T H I C C
H
O
T
#moneypool has a bunch of posts
What's the communist twist? Are they using the money to buy a factory and make it worker owned?
>massive amounts of followers
>snapchat and paypal in bio
>thirst traps galore
imagine being this much of a retarded roastie
>started in miami.
Are you telling me this brain dead ponzi started in a city full of brain dead colombians, peruvians and other low iq mud people?
Really makes you think.
>he didn't specifically mention cubans
phew that was close
Pretty sure he's playing along to hear the whole story because it's hilarious
twitter.com
normiewatch 2018
you mean niggerwatch
>a pyramid scheme with none of the window dressing to disguise that it's a pyramid scheme
>people still fall for it
I tried to talk a mexican out of a ponzi irl years ago and he just insisted it was real and got just'd.
Cubans are a different breed. We literally are the doctors, politicians, lawyers, engineers, businessmen of miami. Hate it or love it, Cubans are not colombianinor mexicans or other mud people in terms of brain capacity.
No offenses of course
No offenses
literally the 5 people are 3 Peruvians and 2 Colombians wtf. i thought it was only in NJ
Is this what exposure to crypto has done to people?
>we
Kill yourself brownskin
Any woman on instagram with that many followers cannot be satisfied by one man. She needs constant gratification and she needs it in rapid succession. Baffles me how any man would consider her. Also because she has tattoos and looks very worn out already.
>8 people share $50 every 2 weeks
>you eventually give away $400 and you eventually get $400
>black people dont understand you have to spend $50x8 to get $400
It seems my superiority is causing controversy
Math is racist.
nah senpai you only pay $50 once and everyone else pays $50 to join
Normal fags really are this retarded, all they see is wow $1000 payout when it's my turn, not realizing they could just save. It's the same with tax returns, they'd rather get their "government bonus" than have that money in the first place.
cubans are the OGs in miami, they own all the hotels from that sweet cocaine money
if you send me a gun I'll kill the guy, I'm in miami
send me messages to :[email protected]
Did you not read 8/10 ?It says you meet up for "payday" every 2 weeks and each person contributes $100 and the $1000 is given to the first member of the group. The next payday the same group meets again and contributes another $100 which goes to the next person
its all online through cashapp and you only pay $50 once mate, my retard friends are doing it
Can confirm, I dealt with one of those types of narcissistic pretty girls, complete shit human beings always trying to manipulate everyone, only good for pump and dumps.
This is like old school chain letters
normans deserve it
People fall all the time trying to make money. Why the fuck do you think casino's are so popular? Same shit with the lottery, literally complete scams. Same shit with all this shitcoin speculation going on right now. Literally Normie's trying to get rich quick.
Why even bother trying to sell useless shit? Just promise more money in return out of nowhere.
They way this scam works in OP is the people who start the pyramid will be in the green since they paid 0 to enter. Everybody who follows after makes 0 at best and gets fucked by no new members at worst. The original founders let it die out by itself since nobody is actually getting any money and start it up again later.
Pyramids ARE PROFITABLE, if you are a founder / early.
What do you mean by tax returns being the same as saving? I'm not poor so I wouldn't know
in theory couldnt you pay 50 and make 400 if you just get enough dumb people to say YEP its your turn for the 400