RE: Gandhiji.io - The Unstoppable Ethereum Smart Contract

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Gandhiji.io - The Unstoppable Ethereum Smart Contract

in eth •  7 years ago 

Im not associated with the project so i can act how i want , And i will call out your bullshit when i see it, The project is not a scam or a ponzi and people who are educated know about the smart contract code, how it works know its flawless. Do some research like a quick google search on a ponzi. A ponzi is an "investment swindle in which some early investors are paid off with money put up by later ones in order to encourage more and bigger risks" In gandhiji there is no such thing as early investors as the smart contract will operate until the ethereum blockchain dies. Gandhiji does not pay investors from others investments , it pays from the transaction fee that the buyer pays to make their investment . The smart contract does not guarantee anything as the dividends come ONLY when there is a buy, sell , or a transfer. Every ponzi scheme collapses when there is not enough new investors to pay old investors, In gandhiji this cannot happen as you earn ONLY when others are buying , selling , transferring.There will ALWAYS be enough ethereum for every single token to be sold back to the contract. Tokens are created when bought and destroyed when sold. This is a decentralized token economy and its REVOLUNIONARY . Its sad how blind you are to the truth

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When you have no new buyers, you have 0 dividend and 0 usage of the token = dead token. It sure has early investors, someone was first, someone is making cash of the new investors and the dividend will slow down and rip off the newer investors. I would run for cover if I was you, sell the shit and move on :) But its your money have fun!

  ·  7 years ago Reveal Comment

This is nothing new, Fomo3D, Powh, BCC, there are numerous ponzi schemes using the same mechanisms, just lock up your tokens and hope new investors give you money lol!

  ·  7 years ago Reveal Comment

lol call it what you want it is still a ponzi :p

  ·  7 years ago Reveal Comment

You you you you.....
We are here to discuss a project not me, something is very wrong here, address the project or move on. Your opinions of me are extremly irrelevant and I am 100% sure no one cares at all...

It is a ponzi... Multiple level marketing scheme, I never called it a pyramid scheme, learn to read plox

Exactly, keep being 100% sure, suits you very well

  ·  7 years ago Reveal Comment