Your opinion on crowd funding?

[Stephanie-navarro4]

Im a little hesitant because i just joined one, but i seen a couple of my friends actually cash out.

[cocopop3011]

Im a little hesitant because i just joined one, but i seen a couple of my friends actually cash out.

 

Never heard of it! How is it related to casinos?

[LeoDubbed]

Huh? What? Crowd funding how?

[pinnit2015]

I'll be happy if you all crowd fund my Bonanza sessions

 

You pay

 

I play

 

No one gets a bonus. 

[Afi4wins]

I'll be happy if you all crowd fund my Bonanza sessions

 

You pay

 

I play

 

No one gets a bonus. 

 

No one gets a bonus...except you of course! 

[pinnit2015]

No one gets a bonus...except you of course! 

Not as many good ones since the November 17 update.....

 

Tin foil hat? Absolutely...this game is not right 

[pinnit2015]

No one gets a bonus...except you of course! 

Creamed nearly a grand off me in the last 2 weeks. Defo last 6 months of 2017 were the golden months

 

I request a judicial review. 

[Afi4wins]

You want a judicial review? 

 

Okay, no problem mate...dead is Bonanza...alive is Dead. 

[Stephanie-navarro4]

I was just wondering because i just joined one of these crowd funding boards and i hope i make it to the top to get my money. Theres like 4 tiers and im in 2nd tier now. Its just hard to get people to want to join you board because they are scared of losing $150.

[Stephanie-navarro4]

Huh? What? Crowd funding how?

have you seen all those post on ig and facebook where you put in $150 to get on a board and you work as a team to add more people till eventually u get to the top and u can cash at at $1200. I joined it out of curiosity. I figured it takes money to make money. You just cant let the board die out you got to keep it going so you can get your money.

[Stephanie-navarro4]

Never heard of it! How is it related to casinos?

Not related to casinos but its kinda like a gamble thats on social media.

You pay in $150 to get on board then your board collectively work as a a team to get others to join the 8 new people join pays via venmo to top of pyramid then they move up and you just got to keep it going till you are on the top. So you can cash at at $1200 now. We are trying to get 7 more people to join our board so we can move on up.

[pinnit2015]

So basically you want to know if Pyramid schemes are a good idea?   

 

Clue - they're not. Often illegal, mostly fraudulent. 

 

The only substitute for earning cash is to earn it. The emphasis on earn. 

 

We may be gamblers but we're not thick 

 

Unless we play Bonanza. Then we're mugs.

[cocopop3011]

have you seen all those post on ig and facebook where you put in $150 to get on a board and you work as a team to add more people till eventually u get to the top and u can cash at at $1200. I joined it out of curiosity. I figured it takes money to make money. You just cant let the board die out you got to keep it going so you can get your money.

 

Nope I've never heard of it. Still can't figure out how it works seems rather risky. So if you don't get to the top you lose the money you put in? What determines the top?

 

Moved this to a better location btw since it isn't related to casinos.

[ValDes]

Im a little hesitant because i just joined one, but i seen a couple of my friends actually cash out.

 

Hi there and welcome to AskGamblers.

 

Below pasted the most relevant answer to the topic subject if you ask me. 

 

So basically you want to know if Pyramid schemes are a good idea?   

 

Clue - they're not. Often illegal, mostly fraudulent. 

 

The only substitute for earning cash is to earn it. The emphasis on earn. 

 

We may be gamblers but we're not thick 

 

Unless we play Bonanza. Then we're mugs.

[cocopop3011]

Would Facebook allow it if they were  illegal or fraudulent?

[Stephanie-navarro4]

Nope I've never heard of it. Still can't figure out how it works seems rather risky. So if you don't get to the top you lose the money you put in? What determines the top?

 

Moved this to a better location btw since it isn't related to casinos.

[pinnit2015]

Would Facebook allow it if they were  illegal or fraudulent?

Probably, yes.

 

They continued to allow hate eliciting groups to continue to post in the past, only removing it when they came under pressure. Also, aren't that keen on privacy laws. To be fair stuff on there needs to be reported and i'm not sure if the schemes are illegal everywhere - certainly in the UK, yes. 

 

Go to action frauds website - unless you're at the top of it you're getting nothing. Other than being a mug for buying into fake promises and non existent products/services. 

 

Dunno if this is a PS. But if it is avoid. 

[cocopop3011]

In that case I think there's only one thing left to do with this topic.