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Originally Posted by finalstep
they must be out of money and if thats the case they will lock out anyone that requests a big enough withdrawal they can't cover ... from what i've seen they seem to be fulfilling small initial withdrawal requests of new traders only i forget what thats called but its not good news
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It's called a "Ponzi scheme" when money from original depositors is tied up while newcomers are paid, in hopes of them refering new people with fresh money into the system. The original investors are no longer an asset, but a liability on the system. Usually what happens towards the end of the scam as the developers try to obtain as much cash as quickly as possible before it goes under.
Anja posted on this a couple months ago. No offense final but, you just became concerned NOW!?
I don't think they paid for this magazine article. Had they paid, it more than likely would have ran months ago when it was supposed to, last March or Chris would/should be furious by now that they haven't followed through with it.
The all aboard thread at ASM today is a joke. That news is bulls#it. It's the same old song and dance they've been saying since I found the place. The list of fools that get excited over these announcements get smaller and smaller, making me wonder if there are any more 'employee traders' floating around. The announcement was nothing but talk and doesn't tell anybody anything new. It casually mentions the 'U.S.' and people had to change their pants. Give us a break.