could you describe the "ponzi" nature of this coin's past in more detail? the Wikipedia entry of "ponzi scheme" begins with this statement : "A Ponzi scheme (/ˈpɒnzi/; also a Ponzi game)[1] is a form of fraud which lures investors and pays profits to earlier investors by using funds obtained from more recent investors." given that BTX never had an ICO and hence never had "investors," and given that owning BTX is not supposed to give you any sort of recurring source of income (like a dividend), it seems inaccurate to claim that this coin had a "ponzi past." please elaborate - perhaps we are using different definitions of the adjective "ponzi." for reference, here's the Wikipedia article :
https://en.wikipedia.org/wiki/Ponzi_schemeIt means benefits to early investors at the cost of newcomers, literally or not this coin was manipulated hard during airdrop and now it's totally raped and forgotten, only poor investors and mad sectarians are left.
could you describe the "useless" nature of this coin, given that one can use it to make online and offline purchases? to see where it can be used, go here :
https://bitcore.cc/resources/eco-system-2/ (scroll down to "services integrated with bitcore"). it lists kamoney, paytomat (a point-of-sale terminal in physical stores), cryptonaut, luckygames.io, and games4coins.
And how much is daily volume in BTX on this "online and offline purchases"? How many transactions per second?
Posting pics, gifs and wallets integrations that noone uses is a big deal for sure. No real partnerships with serious services, no liquidity, no real use case, only continuing dropdown. This shitcoin already fell hardly for almost 100 times since it's ATH on cryptopia in BTC pair and 200 times in usd.
That's what I mean "completely dead". As was said by Vitalik - "all shitcoins will die" (including ETH
). Delisting from everywhere and oblivion is yet to come.
it would help readers of this forum to backup any claims you have with evidence; that would allow you to sway them to your side. I would suggest that, perhaps, people still believe in this project because the measurable evidence of its success which they are aware of (see the links I have supplied above) have not yet been sufficiently countered by measurable evidence of its failure. You say that you started trading it and got close to "3200" before you sold it. what does that mean? I assume that we are meant to interpret that statement as negative evidence, but the wording (at least to me) makes its meaning unclear.
What evidence? Of my trade history?
Unfortunately (or not) craptopia was hacked (or claimed to be, what I am personally not sure) and all is lost.
Anyway it's my personal data, I don't need to provide it to anyone, you are free to believe me or not.
And I'm really sorry that people lost that much of their investments in this shitcoin.
Do not try to explain this to him. This person considers the Ponzi scheme all that has caused him a loss. The bubble and the pyramid are different things.
Haha, that was huge x120 "loss". Easy money.
