• Alphane Moon@lemmy.world
    link
    fedilink
    English
    arrow-up
    13
    ·
    5 months ago

    With such rates of return; it’s clear they are targeting the greedy and the desperate.

    If they have a magical investment strategy that can guarantee 0.25% per day, why would they share money with random idiots? Wouldn’t it be easier to get a bank loan and keep all the profits from this magical investment scheme to yourself?

  • carlitoscohones@awful.systems
    link
    fedilink
    English
    arrow-up
    9
    ·
    5 months ago

    I think that people have a really hard time conceptualizing compound interest rates. $10,010 invested with bit connect at their claimed rates would be $3.1 million after 12 months. But you get your “capital back” after 4 months?

  • runjun@lemmy.world
    link
    fedilink
    English
    arrow-up
    6
    ·
    5 months ago

    I’m currently playing an awful mobile game that has a reconnect button for when you navigate away from the app. Every time I click I say to myself ‘Reecoonneeeeeeect!’

  • kwomp2@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    4
    ·
    5 months ago

    Each time I’m thinking about speaking to any kind of audience I consider if this might be the time I open with “Hey Hey Heeeeeey”

  • o7___o7@awful.systems
    link
    fedilink
    English
    arrow-up
    3
    ·
    5 months ago

    Little Bunny Foo Foo

    I don’t wanna see you

    Scooping up the field mice

    and tryna sell yer bags