Why Don't Pyramid Schemes Work?
 

I could never understand why people would say they never work or they would never make you money (apart from the fact they are illegal in most countries).

You invite 100 people to send you a dollar with a list of 100 names on a list. Your name is top. They then send the list to another 100 friends who add their name to the list and remove the bottom one from the list... Continue >>

Think it's something like this.

Anyway, why do they not work?

Send me $10,000 and I'll tell you.

They work for those that start it.. so go for it lol

This is certainly one way to announce your abysmal IQ to the public

Yep, it works quite well for the ones at the top!

It's the alcohol. Still it's probably double yours.

Read all about it...
 

"A pyramid scheme is an unsustainable business model that involves promising participants payment or services, primarily for enrolling other people into the scheme, rather than supplying any real investment or sale of products or services to the public."

http://en.wikipedia.org/wiki/Pyramid_schemehttp://en.wikipedia.org/wiki/Pyramid_scheme

Alcohol doesn't make you stupid. It lowers your inhibitions allowing you to say all the stupid shit you restrain yourself from saying otherwise.

No true. Alcohol is a central nervous system depressant and as such lowers your ability to rationally think which is another way of stating "make you stupid."

The higher the dosage the more anesthetized the user becomes and the more stupid.

Now drink up and go out driving you fucking asshole. :thumbsup

because people are greedy and want money from nothing everywhere

People don't want to send $1 to anyone and get nothing in return.

Even if it guarantees 100k back

Gee, my self fisting friend,... care to explain how motor and sensory nerves are related to conscious "thinking"?

Thanks in advance.

totally storing that for real world use :1orglaugh :thumbsup

i've seen people on TV arrested because of this pyramid scheme, how this shit work?

:1orglaugh

Pyramid schemes work for the person on the very top of the pyramid. The lower you are on the pyramid, the harder you have to work to get more suckers to send you money, and the less money you make. It's illegal obviously and as far as I know, isn't attempted by too many people anymore.

:1orglaugh:1orglaugh:1orglaugh

:1orglaugh

if I told you there is a finite number of people on this planet would it bring you any closer to the answer?

Send me $1 and put your name on top of the list:winkwink:

Ponzi scheme - fake investment scheme where you pay out the first investor with the second investor's money to make it look real.

Pyramid scheme - same thing but with no fake investment and you don't pay anybody you make them get their own.

Multi level marketing (MLM) - same thing bu you ship physical goods

Bullshit affiliate programs work the same way. Offer a a huge PPS, get a bunch of affiliates on board, pay the first few to get the rest excited, then quietly disappear with everybody's money, change their nats passwords and bank while everyone tries to figure out who you are. Then announce a change of ownership or change of heart, rinse, repeat.

All these systems make money for whoever is pulling the strings and that's it.

Schemes only work the schemer.

they don't work because the rocks at the bottom that sustain all those rocks up the top are weak :D

I actually made a pretty good amount off straight up illegal offshore pyramid schemes back in the day when e-gold was a thing. They were all over the place and to be honest I don't think there was anything wrong with the because the risk was realistically advertised. I even got away with heavily advertising on Google somehow, but I think I avoided a lot of trouble because I was promoting it as a gamble/challenge not an investment.

Honestly I think MLM programs are way worse. I had a whole bunch of friends get into Primerica and wanted to treat it like their new full time job. I was running sites for legit insurance companies so I offered to set them up with lead gen campaigns my companies clients would pay millions for, but not a single one of them was ever interested in selling an insurance policy. At the same time, they started working 40 hour weeks trying to get people to sign up and teach them to do the same damn thing. Primerica doesn't care if they hook 100 impoverished suckers into dedicating weeks of unpaid promotion as long as they get one who's smart enough to sell insurance for them down the line. To me that's worse than any stupid pyramid game.