Topic: Bit Coin is a Ponzi Scheme - page 6. (Read 4755 times)
If Bitcoin is a Ponzi scheme, Bitcoin will no longer be on the market; Although its price has fallen sharply, there is not enough reason for us to develop this kind of conclusion. We do not poison the minds of those who want to invest, but rather develop opportunities and help. The answer is simple, stop - stop providing negative information about bitcoin as it will not help. Some early users have large amounts of bitcoin because they take risks and invest time and resources in unproven technology, much like early investment that can bring value as property. Use and disseminate or even never become anything. Bitcoin is still in its infancy and is designed for long-term goals.
Bitcoin is not ponzi ans cant be compared with such, though its both risk in investing but btc is a real digital currency backed by people using it.
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.
Dont mind that loser mate,i believe OP is a frustrated trader that has been losing since he entered cryptocurrency lolBitcoin itself is nothing but the technology behind this is everything,in future even OPs grand grand grand childrens will use this and maybe hes entire family.for hes information so he may stop making kinda thread
This has to be a troll thread. Bitcoin is the first cryptocurrency that brought blockchain technology to the world, so dismissing it as a mere Ponzi scheme is misinformed at best. Bitcoin is highly sought after due to its built-in scarcity and transparent ledger. This is very unlike a Ponzi scheme.
please learn more about bitcoin before saying something.Yes, this is the forum for people to talk about bitcoin but you are totally wrong when you said; " Bitcoin is a Ponzi Scheme "
I actually think it is a Ponzi Scheme. Yes, you can separate Bitcoin from all Altcoins and the ICO fever, but they are Bitcoin’s renegade family and the father is silent.
Pyramid schemes work on the idea of trickle-up shares, where you sell something, but someone above you takes a cut, and someone above them takes a cut, until you reach the top where one or a few people are taking a small cut from everyone selling on the bottom. You also get a cut from those under you, and from those under them, continue ad nauseum.
Bitcoin has no pyramid structure to talk about. Where the gains come from is in the limited supply of the coins, so that the more people who acquire the coins, the more valuable each coin becomes because the supply gets rarer.
Bitcoin has no pyramid structure to talk about. Where the gains come from is in the limited supply of the coins, so that the more people who acquire the coins, the more valuable each coin becomes because the supply gets rarer.
I'm sure people want them to buy Amazon under $ 10 a share but it is still a good investment to buy something like bitcoin. The Ponzi scheme is designed to minimize capital investment when new entrants are not enough.
Your negative thinking goes so far as to get to the Ponzi scheme for fraud, but maybe you should understand more about what is Bitcoin.
If Bitcoin is Ponzi Scheme maybe about 2 months also have no longer its story, while this still stands from year 2009 until now.
Likewise if Bitcoin Scheme Ponzi may be I when creating this Bitcointalk account from the first was not using it anymore.
If Bitcoin is Ponzi Scheme maybe about 2 months also have no longer its story, while this still stands from year 2009 until now.
Likewise if Bitcoin Scheme Ponzi may be I when creating this Bitcointalk account from the first was not using it anymore.
Whether it's a bubble, a ponzi or whatever you call it, I don't care, the fact of the matter is that it does what I need it to do and costs me way less than fiat would for the same purpose. I can transfer value across oceans in minutes and it costs me a couple of dollars or less. Everything that has value has value because people give it value. Cryptocurrencies are here to stay and there is nothing that you or any like-minded people can do about it. If it was garbage, governments wouldn't be paying the attention that they are paying to crypto right now.
If you think bitcoin is a ponzi scheme, you either don’t understand cryptocurrencies and the blockchain or you don’t understand ponzi schemes. Some people see Bitcoin as currency, just as they see the USD, EUR and YEN as currency. They use them all for that purpose. Bitcoin is money, nothing more, nothing less.
some people look at everything as a ponzi scheme. everyone is trying to trick them and those people don't really understand how crypto works let alone life.
No it is not a ponzi scheme. Ponzi scheme requires users to add more users and pays them for this, no such thing with bitcoins.
There is something that makes you absolutely trust. No one can give us absolute confidence
Bitcoin is not a ponzi scheme, the reason most call it such its because the price is volatile which makes it changed every moment and that the way ponzi works where you can loose.
How can you say that, did you find any referral system in it or did you find any product we have to sell to the others. Bitcoin is an investment like share market which will help to make money when the price of Bitcoin increases.
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.
Some early users have large amounts of bitcoin because they take risks and invest time and resources on unproven technology, which is very similar to investing in the early stages that may provide value as usefulness and popularity or even never become anything. Bitcoin is still at an early stage, and has been designed for long-term goals. It's hard to imagine how Bitcoin benefits the early users, because today's Bitcoin users could be early users in the future, or not.
Everybody has different views about Bitcoin, I have some friends who think that bitcoin is a scam, and I can not blame them because my first impression was the same.
Let us try to divert our issues to certain truths. This kind of post usually comes trying to explain reasons about false claims. If Bitcoin is a Ponzi scheme, then Bitcoin will not be still in the market; although its price decreased a lot of sum, still it is not enough reason for us to develop this kind of conclusion. It might just add to the discouragement exposed by other “experts” (Hippocrates) down there. We are not poisoning the minds of people who want to invest, but rather a development of opportunity and help.
If you would ask, where would help be if you lose a sum or even thousands of money in BTC? The answer is simple, stop – stop providing negating information about bitcoin because it will not help. Leave this stuff for risk and opportunist individual.
If you would ask, where would help be if you lose a sum or even thousands of money in BTC? The answer is simple, stop – stop providing negating information about bitcoin because it will not help. Leave this stuff for risk and opportunist individual.
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.
Thats not actually fully correctm Bitcoins are not a ponzo scheme and they too can be much profitable as compared to normal currencies like USD, etc but i guess that they can soon gain some more popularity and legalisation so that it is accepted by the community as a legit mean of payment and then we could see a better future of bitcoins. 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.
about 10 million people disagree with you bub. Besides, this is a bitcoin forum. Don't post that crap here.
However, it changed many lives today, and many people are working in blockchain sphere making there money invest things and making there life level increasing, so I'm thinking that bitcoin is eventually positive. Jump to: