lol what am I even talking about.... It's the Drugwars whales that are giving me ROI in the first place. Tell me, how does that fit the definition of a pyramid scam? The people who spend the most money lose the most. You haven't thought this through or looked at the numbers or accounted for the evolution of a game that's only been in development four weeks.
you have been found wanting.
You are correct
Posted using Partiko iOS
Yeah. Those that put in the most money will lose the most and after time all the STEEM will end up in the pockets of the dev. Its still early in the game life to be noticeable but once folks realize they are losing quite a bit of money, upgrades will stop and the game will collapse.
The game itself isnt a ponzi but the economy of the game is set up as such. There is no fraud here, only dumb people not understanding how the game works.
Its a simple token redistribution game. 100 STEEM goes in, 89 STEEM (or whatever it is now) comes out.
If you want to play it for fun, thats great, there is no problem with that. But if you are playing it because you think its a good investment, then you are pretty much wrong.
And just wait once the bot accounts start showing up.
I made money, you can too. Is the typical ponzi hook that obscures what is actually going on.
I predict major backlash and drama over this game in the next few months simply because folks dont understand how it all works.
It's interesting because just as many people are making the argument that crypto is a scam for exactly the same reasons. Yet here I am buying Steem three years later.
Hehe.. Im pretty sure that if you buy Bitcoin a fraction of your investment doesnt go into Satoshis wallet.
Um... yeah... it does. The more demand crypto has liquidity slides up. Then the whales with all the coins are filthy rich. The money flows from the people buying coins today to the ones who had coins years ago. It is exactly the same thing.
Haha. Um no..
Youre comparing apples and airplanes.
You are comparing something of demonstrable value and application to a game that has a value proposition of forever diminishing returns due to the dev take...
Drugwars falls apart as an investment the second folks stop spending money on it.
I have put in 31 steem....and received 18 back so where....a week from now I will not have any lost investment going forward...it's possible that it is a ponzi...but I will not be losing anything now...and the fact the STEEM is being printed and they received SP based on their steem and votes...I think it will last much longer than people think.
The inflation will extend it a bit but all inflation does is add liquidity to the players. Doesnt have much to do with the redistribution.
Someone is losing money and is yet to realize it due to diminishing returns never turning into 0.
Posted using Partiko Android