Exit scammers run off with $660M in ICO earnings

I wouldn't say quite that low, even S&P averages are often higher than that.

But 48% monthly is going to be something like a >1000% yearly interest rate. You really don't get much more of a dead giveaway than that, at that point you're either a fool or you're gambling and hoping you get out before a greater fool does.

Your figure of 1/10 to be conservative sounds sadly sensible.

Obviously there are more people incentivized to talk positively about these incentivized crypto-assets (assuming they own crypto-assets structured as Pyramid-Ponzi schemes), so they learn and get good talking about the hype and talk about the "positives."

The reason these are more powerful than say a single stock broker running a Ponzi scheme, is that you have all of these unrelated, decentralized and people that are global that are indirectly collaborating. It's why it's so much more dangerous as well. It's continued in part for so long too, because with a stock broker, you arrest/charge the stock broker. With incentivized crypto-assets, you have a lot of different parties/systems that must work together, indirectly, for it to act like the Pyramid-Ponzi schemes that they are.

This being convoluted like it is seems to be causing regulators and enforcement to lock up -- along with all of the people and organizations actively lobbying to "educate" regulators around the world with the version and whitewashing to see how they can try to fiddle their way to fit within the laws countering this kind of pattern. Or maybe they're being bribed with "$1,000,000" worth of "Bitcoins" (per year?) that they're promised will become worth 10-100x within 10-20 years.

The solution is a crypto-asset that isn't incentivized, that is government mandated, and that CONVERTS their fiat currency into the crypto-asset -- not simply exchanging it, e.g. the "paper" currency gets destroyed, instead of given to the seller.

With incentivized crypto-assets, the cost of the future value is transferred to the future holders - and even though it may be subtle, it will become a very substantial amount; it already is a substantial amount that's been transferred, however there's a bigger base of holders now who want to at minimum get the money back they bought them for - and so becomes the marketing force behind it all, disregarding or ignorant of the negatives for society as a whole.

Edit: To add, can there be incentivized crypto-assets that are structured to be legitimate? It seems the angle that is being taken to legitimize this structure is that they perhaps mimic the structure of stocks on a stock market, however one major difference is that stocks on the stock market aren't used a transactional layer - and therefore don't have (hopefully) under or uneducated people making the trades/purchases; the whole purpose of these incentivized crypto-asset blockchains is of course to get general consumers/the masses a.k.a. highly likely under educated people buying/using them for their platforms as a transactional layer; people could otherwise simply pay fiat currency for access to identical services, without them adopting/vesting into these Pyramid-Ponzi scheme structures though (all who should be being educated that others must adopt/use the service in order to maintain the value for their crypto-asset; however is that education then too close to admitting it's a Ponzi-Pyramid scheme?). There are more differences than this example.

How are those people you guys were telling to buy in and "HODL" at ~$20k doing now?

https://etherscan.io/token/0xC8a8D2A81cc86b95beb04E5a320D7E5...