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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
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Old 10-14-2010, 03:59 PM   #1
woj
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2 Easy ways to make $10M+ [analysis]

Lets compare a P2P Payment System to a Ponzi scheme, both can be used to make huge amounts of easy $$ in no time..

Trust Level Required:
------------------------
P2P Payment system: Low - owner could be serving a 10 year sentence for fraud, but as long webmasters get an anonymous atm card they will signup
Ponzi Scheme: High - everyone knows already that if it sounds too good to be true, it probably is... no one buys the "I will get you 50% return per year" bullshit anymore...


Start Up Capital Required:
----------------------------------------
P2P Payment system: Low - incorporation fees, address at local mail boxes etc or UPS store, some basic design + programming = $5k tops
Ponzi Scheme: Medium - office in a decent location, business cards, office furniture, etc = $10k+


Chances of getting caught:
--------------------------------------
P2P Payment system: Low - everyone will write off losses; 6 months from now everyone will forget about it...
Ponzi Scheme: High - SEC doesn't fuck around, 10+ years in jail for fraud


Time required for 10M+
-----------------------------
P2P Payment system: Low - can accumulate 10M+ within a few months
Ponzi Scheme: High - can take many years to build up trust


Coolness Factor:
----------------------------
P2P Payment system: Medium - new and unique way to make a buck in digital age; makes for good bar stories; could make a movie out of it;
P2P Payment system: Low - "I used to run a ponzi scheme" just doesn't sound right...


Clear winner is P2P Payment System
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Last edited by woj; 10-14-2010 at 04:04 PM..
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Old 10-14-2010, 04:10 PM   #2
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Haha A+! Rep this guy for me because I can't.
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Old 10-14-2010, 04:22 PM   #3
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good one
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Old 10-14-2010, 04:25 PM   #4
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Repped .
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Old 10-14-2010, 04:46 PM   #5
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What are you are you trying to say? What are you implying? :D
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Old 10-14-2010, 04:51 PM   #6
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Damn, I haven't seen you in a while. How are you doing woj?? No more '50' posts??
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Old 10-14-2010, 05:03 PM   #7
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haha...funny

i dont think this will go well though for mallick...he will probably have to move at least
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Old 10-14-2010, 05:12 PM   #8
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Quote:
Originally Posted by MisterPeabody View Post
What are you are you trying to say? What are you implying? :D
not implying anything, it's just a quick parody of analysis of 2 business ideas that could earn $10M+....
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Old 10-14-2010, 05:17 PM   #9
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Old 10-14-2010, 05:25 PM   #10
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awesome thread!
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Old 10-14-2010, 05:49 PM   #11
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Quote:
Originally Posted by Phoenix View Post
haha...funny

i dont think this will go well though for mallick...he will probably have to move at least
this thread has nothing to do with Mr. Malick or his business, there is no need to bring him up, he is a serious standup businessman, I'm sure everyone will get paid

... but if by some fluke it turns out that I'm wrong, I'm sure no one will serve any jail time for his unfortunate business failure...
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Old 10-14-2010, 07:12 PM   #12
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Thanks for the laugh!
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Old 10-14-2010, 08:32 PM   #13
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Quote:
Originally Posted by woj View Post
Lets compare a P2P Payment System to a Ponzi scheme, both can be used to make huge amounts of easy $$ in no time..

Trust Level Required:
------------------------
P2P Payment system: Low - owner could be serving a 10 year sentence for fraud, but as long webmasters get an anonymous atm card they will signup
Ponzi Scheme: High - everyone knows already that if it sounds too good to be true, it probably is... no one buys the "I will get you 50% return per year" bullshit anymore...


Start Up Capital Required:
----------------------------------------
P2P Payment system: Low - incorporation fees, address at local mail boxes etc or UPS store, some basic design + programming = $5k tops
Ponzi Scheme: Medium - office in a decent location, business cards, office furniture, etc = $10k+


Chances of getting caught:
--------------------------------------
P2P Payment system: Low - everyone will write off losses; 6 months from now everyone will forget about it...
Ponzi Scheme: High - SEC doesn't fuck around, 10+ years in jail for fraud


Time required for 10M+
-----------------------------
P2P Payment system: Low - can accumulate 10M+ within a few months
Ponzi Scheme: High - can take many years to build up trust


Coolness Factor:
----------------------------
P2P Payment system: Medium - new and unique way to make a buck in digital age; makes for good bar stories; could make a movie out of it;
P2P Payment system: Low - "I used to run a ponzi scheme" just doesn't sound right...


Clear winner is P2P Payment System

I agree 100%

also with a p2p company you can rip off people in an industry that no one cares about and will likely be ignored by the govt. You also ripping off people who most don't have millions and they will chalk it up to "cost of doing business" where as ponzi scheme people rip off mostly people with lots of money and lots of connections and get the heat on your ass.
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Last edited by will76; 10-14-2010 at 08:34 PM..
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Old 10-14-2010, 08:43 PM   #14
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I'm not the only one who noticed this.. LoL
M is no Shalom Weiss but probably has made as much money .. Or lost as much .. Really doesn't matter when you play with the figures he does and have your finger in so many holes. I'm sure he's always got money flowing.
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