Clearly this person has minimal experience in fraud, this is a horribly set up ponzi scheme. The investors can make a profit purely with their own actions, and remove any ETH that is currently in there. I thought about doing it, but don't feel like getting into cryptocurrencies and putting up $30K to get a positive return.<p>The way you can rip this off is buy a bunch of coins at once, push up the value, and then sell them all. You have to buy a maximum of 400 PonziCoins before you can start making a profit, but then the more you buy, then cash out, the more profit you make.<p>This is if the current price is .02 ETH per PC, which I've heard it's not anymore.<p><pre><code> +----------+------+----------------+
| numCoins | cost | return if sold |
+----------+------+----------------+
| 100 | 2 | -1 |
| 200 | 6 | -2 |
| 300 | 14 | -2 |
| 400 | 30 | 2 |
| 500 | 62 | 18 |
| 600 | 126 | 66 |
| 700 | 254 | 194 |
| 800 | 510 | 514 |
| 900 | 1022 | 1282 |
| 1000 | 2046 | 3074 |
+----------+------+----------------+
</code></pre>
Worst case scenario is the price has just gone up, and you need to buy 100 PC to make the price double. But immediately you can sell for half your cost, instead of 1/4 because you made the price double. Do this again, but now you have twice the number of coins to sell, you are already breaking even on your first batch. Next round you make money on your first batch, break even with the second, lose with the third. But the fourth round you are making so much from the first and second rounds, breaking even with the third, and only losing half of your fourth, that you come out ahead.<p>You can't make money forever, you will just take all ETH that has been put in before, which will be a small amount. Then nothing is left and it will be bankrupt until someone else puts money in. But it's a guaranteed way to get your own money back, <i>if</i> you can afford to go at least 4 rounds, <i>if</i> it works exactly as the site says, and <i>if</i> no one cashes out coins before you do. The risk is that someone waits and cashes out after you put your money in and before you have cashed out, you have to do your transactions all at once to be successful.<p>I don't know how this works behind the scenes, I don't advocate for any of this, and I won't be trying it myself. I also am a little disappointed to realize I may have provided the best argument yet to make this thing go. So don't put your money in there, you are probably going to lose it.