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Topic: Bit Coin is a Ponzi Scheme - page 16. (Read 4734 times)

member
Activity: 273
Merit: 18
November 24, 2017, 06:51:00 PM
#10
its a pile of poo and will never be a real currency but its not a ponzi. Although its behaving like one and the last ones caught a the top will lose everything.
full member
Activity: 223
Merit: 101
Trader
November 24, 2017, 06:50:03 PM
#9
So you're saying *on bitcoin forum* that bitcoin is a ponzi scheme?  Get out of here man.  Bitcoin is a currency,  not a ponzi scheme.  Sure it may go up when it's bought and go down when it's sold,  but fiat currency does this as well.
member
Activity: 82
Merit: 10
November 24, 2017, 06:48:03 PM
#8
if you are jealous because you dont even have a bitcoin on your wallet, it is not our fault.
lmfao, check my registration date, kiddo.
hero member
Activity: 2170
Merit: 528
November 24, 2017, 06:45:49 PM
#7
Bit coin is a Ponzi scheme.

You are so limited in your knowledge of Bitcoin that you can't even write the name right. What a weak attempt at trolling.
For it to be a ponzi scheme there has to be a person that is taking all the profits and making others invest by advertising and making false promises just like Ponzi and his followers like Madoff did.
legendary
Activity: 1092
Merit: 1001
November 24, 2017, 06:40:41 PM
#6
You are completely wrong with that, if you are jealous because you dont even have a bitcoin on your wallet, it is not our fault.
Why are you complaining? Is it because you did not earned enough money by working 10 hours a day in your country? Or is it because you dont even have money to invest in here
I have read a lot of fud like this on the forum, but a ponzi scheme? Do you know what a really ponzi scheme is? i think that you dont.

I would not even bother myself into reply this thread because it a troll , it is obviously a troll..
copper member
Activity: 1330
Merit: 899
🖤😏
November 24, 2017, 06:36:01 PM
#5
Why would we back USD which is a currency of a superpower on the face of the earth? that's right, we back it for you to have more money to jump more girls*, now that have a lol. we are willingly helping the early adopters to get rich, emperor Wu deserves to be the emperor. what the fack did US government do for any body other than spending billions of billions to build an army just to invade other countries to jump their girls and take their resources to save for more jumping in the future? now it's our time to jump, for so many years they didn't share, not even the ugliest girls at least to jump once.
*real girls, you could replace the other girls with other things.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
November 24, 2017, 06:31:17 PM
#4
So, why to invent a system using cryptography, and create the blockchain technology just to run a Ponzi.... While you can, for example,  just run HYIP site within 1 hour and make more money with less effort.
Bernard Madoff used just a pen and paper and a few dinners at the restaurant and his Ponzi scheme was about million dollars.

The fact that some "super powers" use the dollar doesn't make it valuable
By the way, from what is backed the dollar? Ahhh, from the debt from US citizens and the FED printing money like the cash cows ?
newbie
Activity: 32
Merit: 0
November 24, 2017, 06:28:37 PM
#3
about 10 million people disagree with you bub. Besides, this is a bitcoin forum. Don't post that crap here.
full member
Activity: 420
Merit: 110
November 24, 2017, 06:26:20 PM
#2
Your so called most powerful superpower is already facing challenges from all around the world. Moreover if they are such a powerful country why have they not been able to stop any such currency from growing. Bitcoin has grow quite a times I don't think Donald trump is that stupid that he hasn't really noticed such thing? Trust me no backing is going to do anything when people feel themselves insecure in their own country. Bitcoin is the way they are trying to find some freedom.
member
Activity: 82
Merit: 10
November 24, 2017, 06:20:29 PM
#1
Bit coin is a Ponzi scheme. Don't listen to the bit coin shills on here. The newcomers buying into bit coin and driving up the price are just making the early adopters richer.

That's how stupid people are. A sucker is born every minute. But YOU don't have to be one like all the other bit coiners.

The USD is a valid currency because people are required by law to recognize it's value. It has value because the most powerful superpower on the face of the Earth uses it and backs it.

Where does bit coin get its value from? Some computer nerds living in their mothers' basements and Chinese speculators who say it has value? The few online drug dealers who accept it?

If you can't figure out that buying into a totally faith-based economy, with no regulation whatsoever, of a imaginary currency that only exists virtually, through a broker that has no compelling reason to give you any of your money back other than possible negative word-of-mouth, is a bad idea, then maybe you should really consider spending less time speculating on BTC and more time getting remedial education.
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