Descriptions of Ponzi Schemes
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blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
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11-21-2005 07:53
From: someone
a "Ponzi scheme" is basically an investment fraud where investors are enticed with the promise of extremely high returns or dividends over a very short period of time.
This shorter period between payouts and high rate of return is required to create the impetus for the frenzy that is to follow as word leaks out, and is soon verified, by numerous sources. The truly experienced con will balance these two factors ( payout period and promised rate of return ) against the expected duration of the operation so as to maximize his take while still maintaining some semblance of credibility.
In the true sense of borrowing from Peter to pay Paul, ponzi schemes are a simple fraud whereby initial investors are paid exceptional dividends as interest cheques from the deposits of a growing number of new investors.
A few people invest in the scheme, then as news of the offer spreads, more investors are drawn in. Usually there is no actual investment involved, contrary to your understanding, just money being shipped in from new investors to the earlier ones.
Ponzi schemes eventually collapse because the underlying asset upon which the investment was based either never existed, or was grossly overvalued. And unlike pyramid schemes, where one's potential gain is measured by the active and conscious practice of participant recruitment, ponzi schemes attribute their moneymaking abilities on some elaborate and inventive investment or business process, with the influx of new depositors the result of word-of-mouth only
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Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper " Changing Realities: User Creation, Communication, and Innovation in Digital Worlds : " User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."
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Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
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11-21-2005 07:54
Give it up. If you want to invest in Ginko, invest.
Just beware.
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blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
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11-21-2005 07:54
From: someone
A Ponzi scheme is a very risky (and therefore often considered fraudulent) investment operation that involves paying returns to investors out of the money raised from subsequent investors, rather than from profits generated by any real business. A Ponzi scheme offers high short-term returns in order to entice new investors. The high returns that Ponzi schemes advertise require an ever-increasing flow of money from investors. Once the flow of new investment stops, the scheme is doomed to collapse.
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Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper " Changing Realities: User Creation, Communication, and Innovation in Digital Worlds : " User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."
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Zodiakos Absolute
With a a dash of lemon.
Join date: 6 Jun 2005
Posts: 282
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Descriptions of Internet Trolls
11-21-2005 09:03
http://en.wikipedia.org/wiki/Internet_trollFrom: someone Users may have various motives for trolling. A common factor for many is the desire to draw attention to the troll. Inflammatory, sarcastic, disruptive or humorous content is posted, meant to draw other users into engaging the troll in a fruitless confrontation. The more attention the troll's activities draw from users, the more persistent the troll's behavior in the forum. This gives rise to the often repeated protocol in internet culture: "Do not feed the trolls."
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Haravikk Mistral
Registered User
Join date: 8 Oct 2005
Posts: 2,482
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11-21-2005 09:31
*edited*
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Kazuo Murakami
Sofa King
Join date: 31 Aug 2005
Posts: 359
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11-21-2005 12:06
Gather round children, its time to play COUNT THE NICHOLAS ALTS!!!
YAYYYYYYYYYYYY!!!!
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Cheyenne Marquez
Registered User
Join date: 19 Sep 2005
Posts: 940
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11-21-2005 12:11
From: Kazuo Murakami Gather round children, its time to play COUNT THE NICHOLAS ALTS!!!
YAYYYYYYYYYYYY!!!! I think you've missed a thread or two in which you haven't proclaimed your discovery that everyone that disagrees with you is a Nicholas alt lol. |
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Tren Neva
Registered User
Join date: 16 Oct 2004
Posts: 619
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11-21-2005 12:14
I sho` do love beat'n this dead horse!
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Logan Bauer
Inept Adept
Join date: 13 Jun 2004
Posts: 2,237
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11-21-2005 12:15
From: Jamie Bergman Give it up. If you want to invest in Ginko, invest.
Just beware. I've just found a viewpoint that Jamie and I can agree about completely.  |
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Sneak Dulce
Mentor
Join date: 17 Sep 2005
Posts: 49
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11-21-2005 12:32
Blaze, we all know what you are trying to do here. So, boys and girls, yet another policy broken by blaze and co.
Reposting – If a moderator removes your post, do not repost it elsewhere. Do not repost threads that have been locked or deleted and do not repost content that has been edited or deleted by a moderator. Furthermore, please do not post a "why did my post get removed" post. Send any further discussion regarding post removals to [email]abuse@lindenlab.com[/email].
Granted, you are not directly re-posting exactly the same things, but you are at the same time, you are pretty transparent in your motives.
And I will just add in here, a company that a certian someone invests in, is starting to bring up a somewhat close to banking system for those interested, it can be read about in the SL herald.
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blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
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11-21-2005 12:39
I'm trying to depersonalize the situation and educate fellow users. That isn't and really shouldn't be against the TOS.
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Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper " Changing Realities: User Creation, Communication, and Innovation in Digital Worlds : " User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."
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Sneak Dulce
Mentor
Join date: 17 Sep 2005
Posts: 49
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11-21-2005 12:42
If you did not notice, you educated us all with posts in the locked threads, you might want to read them again if you have forgotten. For now, talking one and one with you in the forums as well if breaking this policy, so I shall stop now, good day to you, Sir.. or Ma'dam, or whatever you are, I shall be like the others that just put you on ignore, as I tire of your senseless rambling and repeating, and trying to hold our hands, We are all big boys and girls here.
Oh, and you might wanna wipe that brown off your nose.
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Jeska Linden
Administrator
Join date: 26 Jul 2004
Posts: 2,388
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11-21-2005 12:53
Moved to Off-Topic.
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Zuzu Fassbinder
Little Miss No Tomorrow
Join date: 17 Sep 2004
Posts: 2,048
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11-21-2005 13:56
this topic isn't all that new: /120/b1/58190/1.html
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From: Bud I don't want no commies in my car. No Christians either.
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Gabe Lippmann
"Phone's ringing, Dude."
Join date: 14 Jun 2004
Posts: 4,219
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11-21-2005 14:11
Beautiful.
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go to Nocturnal Threads 
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