Interestingly, this old and worn-out scam has truly lasted a century. I played it in the lottery in the early years, then it was the contract market scene, and now the prediction market is back again—each time with a different disguise, and new victims falling for it every time. To put it plainly, the tricks have never changed; only the participants are different.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
6
Repost
Share
Comment
0/400
GateUser-9ddf7364
· 4h ago
And I played the lottery today after waking up... - position liquidated 🤨
View OriginalReply0
RektDetective
· 4h ago
Really, after changing so many generations, it's all the same stuff. It just depends on which wave of newcomers haven't seen it before.
View OriginalReply0
UncleWhale
· 4h ago
A hundred-year-old trick, always repackaged and someone will always take the bait. Truly impressive.
View OriginalReply0
Gm_Gn_Merchant
· 4h ago
Changing the soup but not the medicine, this is the fate of crypto. Every time I think I am incredibly clever, but in the end, I still can't escape this vicious cycle.
View OriginalReply0
ProofOfNothing
· 4h ago
Each batch of new investors gets harvested, and new ones grow back. This business truly never closes.
View OriginalReply0
Deconstructionist
· 5h ago
The leek rotation system, huh? This business never runs out of people entering.
Interestingly, this old and worn-out scam has truly lasted a century. I played it in the lottery in the early years, then it was the contract market scene, and now the prediction market is back again—each time with a different disguise, and new victims falling for it every time. To put it plainly, the tricks have never changed; only the participants are different.