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RE: DrugWars – A Ponzi Scheme Mafia Game (DO NOT INVEST)
Drugwars is a game, not an investment strategy. If even 5% to 10% of players can make money this is quite an accomplishment, on par with Professional poker playing.
In Poker, those who play well win. In DrugWars, who comes as the first one wins. That is Ponzi. And most people come into DrugWars for the potential profit. Not for the fun. If there were no STEEM rewards, nobody would care about the game. MMO browser games are not attractive these days.
This is not true I figured out the best roi you receive if you spend less steem the more you spend the worse your roi gets so i think you should inform yourself better before talking shit.
Posted using Partiko iOS
Yes, you are right. The more upgrades you get the less profitable it becomes (in %). However, that does not dispute the claim that the ROI will go down together with the motivation of new players. The current system is unsustainable and the rewards will slowly decrease to zero. And those who invested early win more than those who invested after them. Plus those who invested less have better ROI.
And the fact that smaller investments get better ROI can favor bots distributing a big investment into many accounts. Maybe this is already happening and many of Drugwars players are actually bots.
I am OK if people play it for fun. But majority of articles about it are just screaming it is the best investment ever.
lol what am I even talking about.... It's the Drugwars whales that are giving me ROI in the first place. Tell me, how does that fit the definition of a pyramid scam? The people who spend the most money lose the most. You haven't thought this through or looked at the numbers or accounted for the evolution of a game that's only been in development four weeks.
you have been found wanting.
You are correct
Posted using Partiko iOS
Yeah. Those that put in the most money will lose the most and after time all the STEEM will end up in the pockets of the dev. Its still early in the game life to be noticeable but once folks realize they are losing quite a bit of money, upgrades will stop and the game will collapse.
The game itself isnt a ponzi but the economy of the game is set up as such. There is no fraud here, only dumb people not understanding how the game works.
Its a simple token redistribution game. 100 STEEM goes in, 89 STEEM (or whatever it is now) comes out.
If you want to play it for fun, thats great, there is no problem with that. But if you are playing it because you think its a good investment, then you are pretty much wrong.
And just wait once the bot accounts start showing up.
I made money, you can too. Is the typical ponzi hook that obscures what is actually going on.
I predict major backlash and drama over this game in the next few months simply because folks dont understand how it all works.
It's interesting because just as many people are making the argument that crypto is a scam for exactly the same reasons. Yet here I am buying Steem three years later.
Hehe.. Im pretty sure that if you buy Bitcoin a fraction of your investment doesnt go into Satoshis wallet.
Um... yeah... it does. The more demand crypto has liquidity slides up. Then the whales with all the coins are filthy rich. The money flows from the people buying coins today to the ones who had coins years ago. It is exactly the same thing.
Haha. Um no..
Youre comparing apples and airplanes.
You are comparing something of demonstrable value and application to a game that has a value proposition of forever diminishing returns due to the dev take...
Drugwars falls apart as an investment the second folks stop spending money on it.
I have put in 31 steem....and received 18 back so where....a week from now I will not have any lost investment going forward...it's possible that it is a ponzi...but I will not be losing anything now...and the fact the STEEM is being printed and they received SP based on their steem and votes...I think it will last much longer than people think.
The inflation will extend it a bit but all inflation does is add liquidity to the players. Doesnt have much to do with the redistribution.
Someone is losing money and is yet to realize it due to diminishing returns never turning into 0.
Posted using Partiko Android
then the game should die in a month or two,
which isn't going to happen because this game is evolving faster than any project we've seen here.
They can change the way funds are paid out with a flick of the wrist.
Obviously a game can't be a Ponzi scheme. You're trying to say this game is illegal. It's not. In fact, it's not even gambling because there is no chance involved in the payout.
I am not talking about legality, i do not care about that.
However, the game has many similar properties as Ponzi schemes sites. Although it is a game, most people come into the system purely because of the possibility of profit. If you open https://steemit.com/created/drugwars almost everybody talk about ROI and STEEM rewards. If players want just to play the game, they should play it. But if they want just to invest and make a profit, I say that they should not hop into this game.
I have upgraded some buildings on my test account about 2 days ago. I have about 10% of the investment back, meanwhile you are already in profit. And that is simply a feature of Ponzi scheme. Even if I was a better player, you have a significant advantage of coming in first.
You cannot deny that. Current system of the game at least remind Ponzi scheme. I only wish they change it, so it would become an honest game.
So... almost everybody take part in Drugwars for profit, not for the fun. As older investors have a significant advantage, new players cannot make a profit out of the game so easily.
Yes yes, sure whatever.
But you have to look at the big picture.
The popularity of this game is bound to spawn 1000 others.
Each one a little less scammy than the last.
From where I am standing no one is making the claim you'll make money playing this game. That ship has already sailed. The mechanics of these pay to win resources per day games are well documented.