Know when to fold 'em...
Translation: Sayonara, suckers!
BINGO! Even easier than starting a dot-com in the 1990s.
http://www.nytimes.com/1987/04/07/nyregion/airplane-high-stakes-chain-letter.html
‘AIRPLANE’: HIGH-STAKES CHAIN LETTER
By ELIZABETH NEUFFER
Published: April 7, 1987
From Manhattan to Rochester, hundreds of New Yorkers have been dreaming of flying high in an illegal pyramid scheme called the airplane game. But law-enforcement officials warn that they may lose the $1,500 to $2,500 they have invested in hopes of winning $10,000 or more...
‘’I won $12,000,’’ a dancer in a Broadway musical said. ‘’I feel great - just great.’’
Mr. Fishlow said it was impossible for everyone who entered a pyramid scheme to win.
‘’For each investor to make profits, the number of new people must constantly double,’’ he said. ‘’The promoters can get large sums of money. The people who join later lose everything...’’
https://en.wikipedia.org/wiki/Airplane_game
The Airplane game was a pyramid scheme active in the late 1980s in North America and Europe. The nomenclature of the various levels of the game involve participatory levels such as ‘passenger’, ‘flight attendant’, ‘co-pilot’ and at the top, ‘pilot’. Typically, one would pay up to US$1,500 to enter at the level of passenger, in the hopes of receiving a US$10,000-plus payout when one ‘piloted out’ at the top of the scheme.
When enough money came into the pyramid (people on the ‘plane’), the ‘pilot’ would leave the game with the prize money, and the #2 players would each rise to the level of ‘pilot’ waiting for enough passengers to join for them to collect their prize money.
Translation: Sayonara, suckers!
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aka “lnsider Sales” in SEC regulated markets.
Founder of bitcoin has a million coins!
winner