Silver snowball a scam

So iv came across a site called silver snowball, figured it was a scam but looked more into it and actully think it could work. Anyway im gonna give it a go and document the result on here good or bad. So iv signed up and got my own personal silver snowball website, when u sign up u get given a website its exactly the same as everyone elses u just have your own personal number , basically you buy a coin monthly, but it costs a little bit more then the going price, as u pay advertising for silver snowball and postage aswell. Once you get 2 people signing up u get a extra coin for free, 4 people 2 extra coins etc. Basically as long as you get 2 people to sign up seems u come out on top, of course if u dont get 2 people to sign up then your paying over the odds for your coin. The golden eagle coin cost me £29 once my pounds were converted into dollers, and as golden eagles are going for more then £30 on the uk ebay, I guess I could alway sell them and be in the program for nothing.Anyway will update you when I recive my first coin :0s.