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#40th Referral Contest Started!

admin
Hello dear members!

Today we started our #40th referral contest!

Duration is 10 days!

Total Prize 1.260 BTC!

Check out the contest:http://bitcofarm.com/referral_contest

Note: Your referrals must be active members, must collect an egg!

And here is the 39th contest's winners:http://bitcofarm.com/referral_contest?id=39
06 Apr 2018 07:57 Quote
Golden Member
Cashout
0.51204000
Cashout: 4 times
Referrals: 0
saeed12
I don't receive my prize
16 Apr 2018 08:37 Quote
Standart Member
Cashout
0.00000000
Cashout: 0 times
Referrals: 189
strut
ฉันไม่ได้รับรางวัล
17 Apr 2018 08:10 Quote
Standart Member
Cashout
0.00000000
Cashout: 0 times
Referrals: 0
ChemaPamundi
HEY FARMERS!!! DOES THE FOLLOWING RING ANY BELL???

RAISING OUR ROI'S ARTIFICIALLY IS JUST A FRAUDULENT TECHNIQUE FOR CONTINUING GETTING OUR MONEY FOR MAINTAINING OLDEST INVESTORS' WITHDRAWALS!

WE WANT OUR MONEY BACK, YOU BITCOFARM GUYS!!!! GRRRRRR


A PONZI SCHEME is a fraudulent investment operation where the operator provides fabricated reports and generates returns for older investors through revenue paid by new investors, rather than from legitimate business activities or profit of financial trading. Operators of Ponzi schemes can be either individuals or corporations, and grab the attention of new investors by offering short-term returns that are either abnormally high or unusually consistent.

Companies that engage in Ponzi schemes focus all of their energy into attracting new clients to make investments. Ponzi schemes rely on a constant flow of new investments to continue to provide returns to older investors. When this flow runs out, the scheme falls apart.

Initially, the operator will pay high returns to attract investors and entice current investors to invest more money. When other investors begin to participate, a cascade effect begins. The "return" to the initial investors is paid by the investments of new participants, rather than from profits of the product.

Often, high returns encourage investors to leave their money within the scheme, so the operator does not actually have to pay very much to investors. The operator will simply send statements showing how much they have earned, which maintains the deception that the scheme is an investment with high returns.

INVESTORS WITHIN A PONZI SCHEME MAY EVEN FACE DIFFICULTIES WHEN TRYING TO GET THEIR MONEY OUT OF THE INVESTMENT!!!!


If a Ponzi scheme is not stopped by authorities, it usually falls apart quickly for one of the following reasons:

A. The operator vanishes, taking all the remaining investment money.

B. Since the scheme requires a continual stream of investments to fund higher returns, once investment slows down, the scheme collapses as the operator starts having problems paying the promised returns (the higher the returns, the greater the risk of the Ponzi scheme collapsing). Such liquidity crises often trigger panics, as more people start asking for their money, similar to a bank run.
28 Apr 2018 09:27 Quote
Standart Member
Cashout
0.00000000
Cashout: 0 times
Referrals: 0
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