zlacker

>>mkeete+(OP)
people who bet early, made big money. people who came in on the hype lost everything. the definition of pyramid schemes.

Oh well. We'll see, it might bounce back as these things do.

>>Justsi+Ha
Oh, by that definition, even AAPL is a pyramid schema.

How about we leave the definition for pyramid scheme where it's already at?

> Pyramid scheme: making money based on recruiting an ever-increasing number of "investors."

> Oh well. We'll see, it might bounce back as these things do.

No, it won't. It won't regain the trust of the community and the project is dead in the water now, no way it'll recover from this.

>>capabl+Jc
So here's the thing, the difference between a pyramid scheme and a business is that in the pyramid scheme, all the wealth gets generated by selling shares to other 'investors', while in a business, all the wealth is generated by selling to customers.

Which is why one's illegal, while the other is publicly traded on the stock market.