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RE: LETS TALK ABOUT PONZI SCHEMES.
I think All HYIP propositions are ponzi schemes. There is no other way to explain the high returns that they promise. Please correct me if I am wrong here.
So the point is that most of the companies operating such websites seem to get away with the crimes. Not sure if they are pursued & brought to book.
The silver lining though is that some of the forums (like bitcointalk.org) do discuss such issues & warn others not to invest.
If someone is making crazy profits with a trading bot, no scheme involved. However, there is a lot of people who are "bag holders" or people who lost money. Stocks and all trading instruments are transfers of wealth. Not money makers necessarily.