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Reader Comments (8)

Posted: May 20th 2010 6:50PM karnisov said

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uhh yeah i think he will probably lose money on that bit of real estate speculation.

Posted: May 20th 2010 7:12PM mortslha said

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I think you mean... make more than 5 times what he orginally paid, only a few years ago... Starting bid is 500k $$ USD, and there are plenty of buyers interested at that price.
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Posted: May 20th 2010 7:19PM karnisov said

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ok i guess some people are stupid. i forgot to factor that in.
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Posted: May 20th 2010 7:33PM mortslha said

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...you think someone would be stupid to buy it...maybe. But NEVERDIE posted some financial earnings and other sources have verified that the rock earned him about 16,000 $US a month or 192,000 $US a year. so even at 500k, it would only take 2.6 years to earn it all back. there aren't many things even in the real world that can turnover something like that.

Could all the players of EU stop playing someday and values crash, maybe, but very unlikely. If things stay the way they have been, seems like a good idea if you got the cash and know what you are doing. My best to whomever that may be...

There's absolutely nothing else out there like it, so until you play it for a while and take the time to learn it, you'll never really understand.
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Posted: May 24th 2010 12:09PM mortslha said

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Graill, you have no idea what you are talking about, but thanks for trying. You get a B for effort. Pyramid scam...like foofad said, do you really know what that is?

MindArk publishes its financials, you can go look at them. People trade and make money off things that don't "really exist" all the time in real life. i.e. You think your bank account really "exists"? It's all virtual money too and people trade with it too. When you want your money in your hand, you can get it. In Entropia, you can withdraw it too anytime you want. It's backed by a bank too, and everything is guaranteed, at least it's "Trade Terminal" value, which is its PED value. the risky part is the mark-up that people but on items, Mindark will not guarantee that. Things go up and down in "mark-up" all the time, just like real life.

I see the risk, but not the "scam". this game has been going on for like 10 years now, time to grow up and do some research before you say stupid things.



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Posted: May 20th 2010 7:52PM Graill440 said

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This has got to be the most ignorant scheme i have heard of, and its seemingly legal. There isnt a bank or financial institution on this planet or mars for that matter that would acknowledge any VR world investment. Pull the plug, the investments gone, litterally, server crash, its gone, what comes back if anything is a copy of what was there, how do they deal with that?

Ignorance comes in many flavors and the people paying these dumbasses for vr things thinking they have something is sad indeed. The only people making money are the crooks taking advantage of lax laws and desperate or eccentric peole with no common sense. What a joke.

Ignorant people post about what so and so did without looking at the whole picture and give laudatory comments, these people are as bad as the ones creating this fraudulant pyramid business.

Tell ya what, wipe the servers and then show me the primary parties bottom line, bet it wont be a happy investment then, since it never existed. Like any pyramid (and thats all this is when you get right down to it) scam the only people that make money are the ignorant ones that created the scam in the first place. The stupidity of people investing in a make believe pyramid scam is the ultimate in being dumbasses.

Posted: May 20th 2010 8:39PM foofad said

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Pyramid scam... I do not think that word means what you think it means.
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Posted: May 21st 2010 5:24AM dudes said

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I get taxed enough in real life. Sorrrrrrry.

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