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RE: Gandhiji.io - The Unstoppable Ethereum Smart Contract
This is not a cryptocurrency it is a smart contract, It is not a ponzi based on the definition of a ponzi. Please do some research before making stupid accusations . It makes you look uneducated.
It sure is a ponzi by definition, the tokens and smart contract has 0 value with no new buyers, the only value is added by new buyers = ponzi.... Seems you should do the research!
Nice approach, calling me uneducated for asking legit questions, that makes you look super legit!
Sorry im not going to try to educate you on the truth, you can keep believing lies. Once you are ready to learn the truth you can join the community and talk to the developer himself
I am not sure how to respond...I am always ready to learn, feel free to change my mind with said truth....
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
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!
(facepalm)
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!
You never lock in any tokens with Powh or gandhiji , Powh is not a ponzi, BCC was a ponzi Fomo3d was a ponzi. THIS code is NOT a ponzi based on the technicalities. I dont know how many times i need to say it to get that through your thick skull.
lol call it what you want it is still a ponzi :p
I don’t see what is so amusing.
It seems you know better when actually your are showing little ability to communicate and exchange.
You are clearly indulging in obstinacy and self-complacency.
This isn’t about you and how great you might be.
This isn’t about being right or wrong.
This is about educating ourselves, learning and growing together.
I would love to explain why gandhiji simply doesn’t fit the definition of a ponzi or a pyramid scheme.
The main characteristic of the those two is their inevitable collapse unlike the smart contract behind gandhiji.
But i am not sure you really want to learn or understand as your mind seems to be rather unreceptive.
Peace
kids will be kids, let him press his buttons, he's insignificant. I would bet he'll scream like a little girl when I give him a taste of his own medicine.