Is pyramiding a scam?

@jdalaqui (1073)
Philippines
October 12, 2012 11:35pm CST
When you look at all ptc strategies, it appears to me that there is a pyramiding scheme into it. The sage dictionary define pyramiding as a fraudulent business. Does this mean that all recruiting inviting people to join under you is a fraudulent business?
4 responses
@SinfulRose (3527)
• Davao, Philippines
17 Oct 12
If pyramiding is all fraud and not good, no wonder our society is not in a good condition. Because you see, our society is very much like pyramiding--with the government on top and the citizens below.
@jdalaqui (1073)
• Philippines
19 Oct 12
HI SinfulRose. Why such a name? Any way, I already understood that Pyramiding is not good and thus should not be promoted. Pyramiding is a scam because the one's who are the top lurks on the poor and working hard people under them. We just hope in relation to Government leaders that they will realized to serve the people rightfully.
• Davao, Philippines
20 Oct 12
First, to answer the question. Its because I loved the song entitled "Tsumi Na Bara". It's Japanese meaning "Sinful Rose". So long as the people within the pyramid understood their own jobs and functions, the Pyramid structure could go on and will have a lot of potential. Mostly for the better. But if people forgets it and only thinks of oneself, then it's in big trouble that's why people say it should not be promoted--people, especially who lets their own fear take over them, say those words. I am not saying that pyramiding should go on or should be stopped. I'm just saying that the system holds a lot of potential at the same time it holds the same amount of danger. You know as they say, "One cannot be a good detective if one is not a good crook." "For every positive there is a corresponding negative." In our government, I'd say, don't raise your hopes too much. Because the only ones who can fix the mess each of us are in is only us. The men at the top can't fix issues if they came from the bottom and think only how the bottom people thinks. Those guys should think something like their functions. That way there'll be harmony. I don't know if you can understand this but as I've said, each person in the pyramid has a purpose. Forgetting that purpose puts the people in that pyramid in jeopardy.
@narnia007 (1050)
• India
19 Oct 12
It might not be a scam exactly.If you happen to join the scheme at a much earlier time of the initiation of the scheme,you will get a decent amount of income from the people who have joined after you.On the other hand,the latest people would suffer as at one particular time,this system would stop generating profits when people have stopped joining this scheme.Now only the early users would have got some money and the late users are gone into loss.It is like stealing from the late users to pay the early and top users.I would not recommend joining this kind of program as the early users may even be the administrators and thus looting all the profits from innocent users like us.
@jdalaqui (1073)
• Philippines
19 Oct 12
It's good to offer an opportunity even to our closest friend when there is a fair and clean opportunity for him/her to be compensated for the efforts she will do. The idea of pyramiding is excellent if conscience and goodness is not involve.
@rog0322 (2829)
• Cagayan De Oro, Philippines
13 Oct 12
Hi, It is really a business marketing strategy. Applied correctly, it makes the area of influence wider and more dynamic. It is also called recruitment strategy, part of the sale of the one you recruited goes to your credit, the higher you go in the rank, the bigger is your downline, the higher is your income. In internet world, the same scheme is applied, although, for one reason or another, the one who started it cannot sustain the rising tier of recruitment until the pyramid collapses and it is everyone for himself from then on.
@jdalaqui (1073)
• Philippines
13 Oct 12
I agree with you. The pyramid strategy is really a business strategy that can benefit those who are really committed to it. I hope that in my lot, no collapse will happen though we we can't really tell how long this will last.
@mrsuniega (786)
• Philippines
13 Oct 12
not all actually, there are those that can be considered as a pyramiding scam. you know in recruiting business the people who get rich very quick is the upline, they are the top earners which means that they are the first to join the business. so the downlines are getting hard to recruit people if the company really establishes and have more people with them.