lol i was considering buying a 4k spot with all my savings haha but its too late now, oh and somoene already bought a 8k spot so it would have been worth it... 5 hours of thinking and im too late hmm!!
I would say its a downhill slope from now on, anyone whos buying ads on there now is just going to lose alot of money. Its more like an icecream cone scam now
I witnessed myself a pyramid scheme about 10 years ago. Here is how they did it. They opened a business. Started selling notes which pay the note holder every month 10% Paid the note-holders on time. People were skeptical at the beginning. But later on as word spread the note holders got paid, there were crowds of people waiting in line to put their life savings in that "great" investment. When crowds of investors disappeared the businessmen followed suit nowhere to be found with millions of $$$$$$. The next thing a saw. There were crowds of people waiting in front of the business offices hoping to get at least their investments without the interest. The money was coming the next day as they were told by the “sorry†employees. …… As you can guess it, it never came. .
My version of the site (http://www.infernomatrix.com) takes 75% of your payment to pay previous advertisers in your column(they still get double their money, because 75% of your payment is exacly enough to cover it), then the other 25% goes towards advertising to keep the traffic up(which is the original purpose), but at the same time, you also get your perk(which is double your money). So yes, pyramid, but you can make it last a while. Mostly everyone benefits twice(traffic AND double money), the people who are stuck being last still get the traffic, which converts into sales or Adsense income. Do you think it's still a "scheme"?
It will always be a scheme. Lets get crazy and say you sold a 500k spot. You aren't going to buy enough ads to make people click on that button and spend enough money to justify it. Be realistic, the people paying for "ads" are gambling that they will double their money, not that you will be one of the top 100 sites on the net and send them buckets of visitors.