ycchen
November 19th, 2004, 10:04 PM
When will this doubler crash? Long-term pyramid/ponzi scheme? Wow... I am very impressed :rolleyes:
How can this doubler pass the initial "threshold of doubt" and now on its way to become one of the "successful" pyramid/ponzi scheme? I like to hear your opinions.
Here are my prelimary observations on the "temporary success" of wa360group.com
1. The effort the scam owner to insist on doubling the invested money on time. (remember Greg from gotmatrix -- pay on time? )
2. The early birds comes back to promote and support the program at all cost. (Sounds familiar to gotmatrix supporter?)
3. The effort of the promoter AFSx, putting it under "long term investment" category in his pro-doubler forum. (Remember gotmatrix as a darling of top-matrix.com and later matrix-sites.net? )
4. The high ratio of reinvestment (100% for some) (This is something different from gotmatrix)
I personally think that the last point on "reinvestment" is most crucial in keeping the wa360's bubble growing. I have yet to see anyone claiming that they have made a net profit of more than $2000 from it because:
(a) most of the profit money are "reinvested."
(b) those who really make thousands of net profit will not be that DUMB to announce large sum of net profit on the public forum. They will just quietly pocket the money while continue to pretend to "reinvest."
If all their money are still stuck in the doubler through "reinvestment", then the pyramid structure will continue to grow secretly without much notice.
It only takes a "panic withdraw" to reveal the structure of this pyramid-doubler scheme, and so far, MOST investors refused to face this reality, but not all :D
While most "long term" investors are day-dreaming about the "long term" future of this pyramid-doubler scheme, a few hardcore speculators are quitely withdrawing their money, while pretending to reinvest into the bubble.
The pool of money will eventually dried out by these quiet lurkers. And when these day-dreamers wake up a month later and start to withdraw their forever reinvested money. That's the end of this pyramid scheme.
Doubler is very vulnerable to "mass withdraw", a major weakness that matrix-sites are immune too. And "long term" is a KEY concept to sustain this illusion. I would give a big credit to AFSx, the owner of the moneymakergroup.com for his effort in categorize wa350group in the long-term category. Good job AFSx!
That's the secret of the success of the pyrmid-doubler scheme.
Just my 2 cents.
How can this doubler pass the initial "threshold of doubt" and now on its way to become one of the "successful" pyramid/ponzi scheme? I like to hear your opinions.
Here are my prelimary observations on the "temporary success" of wa360group.com
1. The effort the scam owner to insist on doubling the invested money on time. (remember Greg from gotmatrix -- pay on time? )
2. The early birds comes back to promote and support the program at all cost. (Sounds familiar to gotmatrix supporter?)
3. The effort of the promoter AFSx, putting it under "long term investment" category in his pro-doubler forum. (Remember gotmatrix as a darling of top-matrix.com and later matrix-sites.net? )
4. The high ratio of reinvestment (100% for some) (This is something different from gotmatrix)
I personally think that the last point on "reinvestment" is most crucial in keeping the wa360's bubble growing. I have yet to see anyone claiming that they have made a net profit of more than $2000 from it because:
(a) most of the profit money are "reinvested."
(b) those who really make thousands of net profit will not be that DUMB to announce large sum of net profit on the public forum. They will just quietly pocket the money while continue to pretend to "reinvest."
If all their money are still stuck in the doubler through "reinvestment", then the pyramid structure will continue to grow secretly without much notice.
It only takes a "panic withdraw" to reveal the structure of this pyramid-doubler scheme, and so far, MOST investors refused to face this reality, but not all :D
While most "long term" investors are day-dreaming about the "long term" future of this pyramid-doubler scheme, a few hardcore speculators are quitely withdrawing their money, while pretending to reinvest into the bubble.
The pool of money will eventually dried out by these quiet lurkers. And when these day-dreamers wake up a month later and start to withdraw their forever reinvested money. That's the end of this pyramid scheme.
Doubler is very vulnerable to "mass withdraw", a major weakness that matrix-sites are immune too. And "long term" is a KEY concept to sustain this illusion. I would give a big credit to AFSx, the owner of the moneymakergroup.com for his effort in categorize wa350group in the long-term category. Good job AFSx!
That's the secret of the success of the pyrmid-doubler scheme.
Just my 2 cents.