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Topic: 2013-03-06 BitCoin Ponzi Scheme by Chris Duane (Truthnevertold) (Read 3803 times)

legendary
Activity: 1078
Merit: 1003
I said something negative on his video a while back and then he banned me from commenting on them Tongue  What a swell fella.
420
hero member
Activity: 756
Merit: 500
Heard from Kokesh that Duane had a falling out with the guy minting thosecoins

anyway

His video now has more dislikes than likes
newbie
Activity: 56
Merit: 0
That's right. Don't spend one cent on the bitcoin scam, instead send all your money to Chris Duane and he'll send you back some SBSS Freedom Girl rounds. Maybe. When he gets around to it.
legendary
Activity: 2268
Merit: 1011
Be A Digital Miner
Gold is a ponzi  Shocked

EXACTLY.   I wish all the people who THINK they own gold would demand physical delivery.   then you see the gold price move.
420
hero member
Activity: 756
Merit: 500
i have insider info other big names will reply too

Do let us know here when they do...

Chris Duane is (somewhat) hammered again on why he thinks bitcoin is a scam, by FutureMoneyTrends.com who accepts bitcoin payments for their products:

http://www.youtube.com/watch?v=W5BXwsKF_g4
hero member
Activity: 588
Merit: 500
i have insider info other big names will reply too

Do let us know here when they do...
420
hero member
Activity: 756
Merit: 500
Great response/rant to Duane from Adam Kokesh:

https://www.youtube.com/watch?v=0lmvXpksWrg


i have insider info other big names will reply too
hero member
Activity: 588
Merit: 500
Great response/rant to Duane from Adam Kokesh:

https://www.youtube.com/watch?v=0lmvXpksWrg
sr. member
Activity: 294
Merit: 250
You are a geek if you are too early to the party!
I can see why there are so many angry people here - this video is not a criticism of bitcoin - its a criticism of bitcoin supporters! Smiley

420
hero member
Activity: 756
Merit: 500
I guess if bitcoin is a ponzi, then I'm Madoff.  Huh
I must be secretly behind this whole ponzi because I'm doing alright?
Maybe I'm Satoshi !!!

nah i think molecular joined the forum before you in like feb 2011 or jan 2011 so its him
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
I guess if bitcoin is a ponzi, then I'm Madoff.  Huh
I must be secretly behind this whole ponzi because I'm doing alright?
Maybe I'm Satoshi !!!
sr. member
Activity: 247
Merit: 250
If you stop promoting bitcoin because some random dude calls it a ponzi scheme, you are pretty stupid imo. Keep promoting it, how do you think we got here? Mute sheeple? No.

+1

I'm not much of a bitcoin promoter, but I support the people that do.  Do some of them make me cringe?  Definitely.  But if it wasn't for those people we may not have the support of WordPress, Reddit, Mega, etc already.

And I can see people calling bitcoin a ponzi scheme.  The money people invest into it...goes directly to people who already own bitcoins.  And I'd argue all currencies are ponzi schemes.  Stocks, gold, fiat all follow the same pattern.  So calling it a currency is basically admitting it is a ponzi scheme.  And that is the main difference.  Knowing that is how it works before you get involved means you know the risks.  Ponzi schemes are only bad if the fact that they are ponzi schemes is hidden from you causing you to invest without knowing the true risks.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
Chris just mad because silver < Bitcoin. LOL he bet the "house" on silver and yet made less than if he bought bitcoin 2 years ago as opposed to selling his house 8 years ago to buy silver.

Guys like this dont want to lose the grip on the community buying what they have a lot of...in his case...silver.

Listened to BrotherJohnF's rebuttals to all Chris Duane's lies.....hilarious!

I love how misinformation is perpetuated by this silver bug.

LOL so fail

hey link me the rebuttal please

thanks

http://www.youtube.com/watch?v=CNLSvd4LyP8
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
Guys like him are just to be ignored. I believe bitcoin can do the talking from here on out.
420
hero member
Activity: 756
Merit: 500
Chris just mad because silver < Bitcoin. LOL he bet the "house" on silver and yet made less than if he bought bitcoin 2 years ago as opposed to selling his house 8 years ago to buy silver.

Guys like this dont want to lose the grip on the community buying what they have a lot of...in his case...silver.

Listened to BrotherJohnF's rebuttals to all Chris Duane's lies.....hilarious!

I love how misinformation is perpetuated by this silver bug.

LOL so fail

hey link me the rebuttal please

thanks
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
Chris just mad because silver < Bitcoin. LOL he bet the "house" on silver and yet made less than if he bought bitcoin 2 years ago as opposed to selling his house 8 years ago to buy silver.

Guys like this dont want to lose the grip on the community buying what they have a lot of...in his case...silver.

Listened to BrotherJohnF's rebuttals to all Chris Duane's lies.....hilarious!

I love how misinformation is perpetuated by this silver bug.

LOL so fail
sr. member
Activity: 378
Merit: 250
Magic Staff
Edit: As posted by smoothie here is the reply: "Bitcoin Report Volume 27 (Bitcoin Crash 2 - Ponzi Scheme Debunked)" https://www.youtube.com/watch?v=CNLSvd4LyP8

First of all what is this doing in the Press section? You are linking to a video of some "Bitcoin hater" that doesn't want to learn about Bitcoin nor understand. Why should we be losing our time with these people? TruthNeverTold blocks any new comments. Ok some people don't wanna learn about Bitcoin and that's fine for me. I'll neither curse them nor blame them nor praise them. I'll just leave this thread alone

This was the comment I was not allowed to post:
Quote
Does TruthNeverTold even know that there was a problem for many years called the "double-spending problem" that has been solved by the HashCash idea in conjunction with Digital Signatures?
full member
Activity: 238
Merit: 100
Bitcoin isnt based on a secret business model /thread
legendary
Activity: 1288
Merit: 1076
If you stop promoting bitcoin because some random dude calls it a ponzi scheme, you are pretty stupid imo. Keep promoting it, how do you think we got here? Mute sheeple? No.

I'm naive enough to think it's possible to be interested in monetary alternatives, and then end up on the bitcoin Wikipedia article,  which is not supposed to promote bitcoin, just to inform about its existence make information about it available.

That's how I got to know about it anyway.
420
hero member
Activity: 756
Merit: 500
Saw a short version or trailer. What a fucking dumbass if he thinks its a ponzi

EDIT: I just heard half a dozen errors and mistruths in the first 4 mintues

Who wants me to make a rebuttal video?

Go for it man. But I doubt people with this way of stubborn thinking would understand you. They would simply answer with "I don't want to use money that I don't understand"

Oh I expect them to be more rude than that.

I'll see if I have time for this. I already have a way to reach out and touch this guy.
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