POWH - The World's First Autonomous and Self-Sustaining Pyramid Scheme
After Bitconnect ponzi fallen some people decided to make a ponzi that cannot be taken down and came with this funny idea.
TLDR; It runs forever, the "team" cant exit. You buy coin on market price and if you want to sell it you have to do it at -10%. All profits from this are shared between hodlers of the coin.
The idea came from Dr. Jochen Hoenicke whos developer of the Trezor Firmware, the team is anonymous but as a joke they have put whos there.
To invest you need to use Metamask and have some Ethereum.
While buiying they make sure you understand whats going on.
Website: https://powhcoin.com/
Remember this is a scam and ponzi scheme. Always do your own research before buying anything ;)
Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips! |
 |
|---|
what a funny coin LOL :)
it's more funny than DOGE, I think
I might try this with a little ETH just for fun...
Haha ,it's a game, I bought 2 ETH, while early it's better to buy now.
ETH is good coin which we can trust after BTC but all are not the same like them.
There will still be some who will buy it. Hell, it may even become a thing like Doge!
sick
FUCK, I'm at work and I can't stop laughing while I read their website!
Where do I sign up 😂🤣😂🤣😂
The sign up button will sure appear when press 'yep' in agreemebt to losing money
Hmmmm, this looks like a ponzi scheme to me.
Not sure about it though.
I didn't know that Satoshi-chan was so cute!
If Satoshi-chan is for it, then its got to be a good investment.
Lol! "Not sure about it" 😂
Is there reffer link? :D
Great idea to make people fools by this ponzi one. @kingcrown you are a great You are making people's aware about this type of ponzi scheme. Really you are doing great work and good research and I really appreciated by you.