Topic: Bitcoin Exceptionalism: Why Should this Pyramid-Ponzi Not end Like all Others?? (Read 332 times)

What if I am a bot? Are you xenophobic toward bots?
Please leave my programmer out of this. I did not disrespect your creator.

Wow tell us what U really think. R U a bot? Or is your programmer just lacking in computational ability?

That's great! I'm glad you explained that to us.

Now, it's time to sell all your stakes (if you had any at all) and get the fuck out of here.  What is it you're looking for in the bitcointalk community, anyway?

No its like this BITCON at $38k  aint' gong to go 10x, or even 2x, but DOGE or SHIBA can easily 2x from 0.38; so the pools go for the penny stocks, while certainly in the scam land of BTC cultists, bitcoin is the BRK.A ( berkshire $3,000 stock )

U don't see the robinhood boyz play BRK.A, you see them play the small-caps where they can manipulate the price

Please don't mix the word investment & bitcoin, btc is gambling, during the COVID bull-run int-rates near zero lots of people moved into btc because it only went up, now it only goes down, so game is over until the next 4 year cycle bubble, if the shit-coin lasts that long ( I think not )

South-Sea bubble and Mississippi bubble also around +10 years, and then they weren't

Institutions have just took a -50% loss on BTC, and the quarter ain't over the suicides haven't begun, just wait.

Lastly the SSB, and MB, all resulted in 1,000's of promoters being murdered, and hung for promoting the bubbles.

Bitcoin has been around for over ten years and institutions are now starting to believe in it and they have also started to invest their money in it. We have seen a few of them investing their money in it and this is just the beginning of it. As time goes on we are going to see more and more of them that are going to start investing their money and the market will keep on growing. So I don't think what you have said here is going to be the fate of bitcoin.

Of course we do know that there are shit coins being developed almost every day, but that doesn't have anything to do with bitcoin, and it is even the more reason why a lot of people are going to be choosing bitcoin since it is one of the best cryptocurrencies that can be reliable. That's why it has the largest market cap and doesn't seem to be going down.

Mostly people see that alts is better than bitcoin because sometimes there are some projects that really performing in the market and can actually gives good returns in just a short period of time ^{but not all} always remember that mate..

This the common problem actually and  they don't see the difference and what opportunities that bitcoin have and how very skeptical it's when it comes making investment in alternative coins. For short they're blinded because of greediness.

Yes of course there are some alts that really make good profits than bitcoin.. But the question is how long it will last? Wherein despite you don't even know how genuine and strong its if we will make a comparison between bitcoin and alternative coins. for me its literally a gamble mate in my personal opinion..

SatoashiNAkamoto is NSA, believe me, they own btc

90% of btc is mined in CHINA, by the same ant-pool, running the same ant-miners, on the same ant-bitmain hw, but keep it up the 51% BS

QC don't exist

They don't ban, they just send the value to zero, and people flee btc

If the SHTF, there would be no power for anything, including your mobile to call your BF.

If you replaced the word "Bitcoin" with "Bitconnect" from your original post. Then this would make sense. Bitconnect was the first major ponzi scheme in the crypto space.

The only way Bitcoin becomes a ponzi is:
if Satoshi Nakamoto owns 51% of Bitcoin, he doesn't.
If 51% of the world's Bitcoin miners were controlled by one person or group, it hasn't.
If quantum computers attacked the network, no such computers until past estimated 2030.
If all of the world's governments banned cryptocurrency, it hasn't.
If we ran out of electricity, not in our lifetime.

You didn't prove that cabbage patch dolls, their look alikes, or pet coins are ponzi schemes.

The Cabbage Patch craze lasted ~2 years, not 12, and they never reached a trillion dollar valuation like the bitcoin market with no signs of slowing down.

Perhaps bitcoin will implode when the "greatest fool" has bought in. Markets run on fools, so it might actually last forever based on that theory.

When should we expect your prediction of implosion to come true?

Exceptional ponzi my arse, this is a run-of-mill, suckers ponzi, just like PT Barnum talked of how stupid the USA public is/was

Lot's of people copied "pet rocks" & cabbage patch dolls back in the day.

Sound's like somebody here needs to wayback machine to 'cabbage patch dolls' once upon a time they were bigger than bitcoin, people would buy them fill their garages, they cost $1, and you could sell them for $100, and everybody thought they would go to $1k, I still know people whose garages are filled

Then there was the 'pet rock' it  too sold for very little, but went to the moon.

Nobody here, has yet given one single reasoning why BITCOIN will not implode once the 'greatest fool' has bought in. Which is why as you can see today, only morons are influencing morons, all the 'smart people' have left the building.

Thank you for clarifying. I thought you are someone who can be reasoned with, but by this post I see you're just a conspiracy tinfoiler. This really makes everything a lot easier.

That's okay OP, you can still always buy when the market goes down, I am pretty sure that you are just bitter that you didn't get in the market when it was still around the 4 digit mark. Let's just see who is right and wrong when the time comes, the best thing to do is to make money while it is still doing so.

Cabbage patch dolls were a ponzi scheme?

People have used soap since 2800 BC, so being old isn't a sign of instability.

If bitcoin is so terrible, then why are other coins copying it? What makes those coins so special to not be bubbles as well? If bitcoin can lose 50% in a few days, then which of those coins didn't lose much more?

Dude, seriously... I think you have to either go and see some Psychologist or change the drugs that you are pushing up your arm. The different identities within your mind is clashing and you are looking like a idiot.  

One moment you are a "Goldbug" and the next moment you are bashing Bitcoin and then you turn around saying you only support the pre-2014 crew... and then all coins based on SHA256 is a NSA creation... bla bla bla... What is next? (Is Bitcoin not created by Aliens... or some bat shit conspiracy?)

I think the only cult here, is the cult you created for the 1000s of personalities in your brain and conspiracy theories they have.    (One thing you did manage, was to troll me into replying to your rubbish thread.... something I seldom do.. because I do not like to feed the trolls)  

When you can come back to us and get your main personality to define what you are really supporting and what you stand for, then we can have a grownup discussion.

If you're happy to discredit yourself by spouting nonsense that only uninformed amateurs and trolls would say, that's fine by us.  Every single post you've made about this is already on the wrong side of history.  You can't simply create something "better" from out of nowhere like that.  It takes time for things to grow and evolve.  This network has become battle-hardened and continues to survive and thrive despite being under constant attack.  It's not something you can just copy and magically achieve the same result.

Almost all of these fifteen-minutes-of-fame crapcoins you're talking about won't last long enough to develop network effects.  They have no utility.  You can't use them for anything, besides baseless speculation.  And mindless speculation is the only thing you seem to be commenting on here.  Perhaps it's merely the only part about all this that's on your intellectual level.



Then you must be a really slow learner, because you clearly can't recognise when something isn't a bubble.  Again, this is a robust, developed, thriving economy.  It's something that grew over time because people found it useful.  If the only thing you are capable of seeing is the price, it's no wonder anyone reading this will think you're ignorant or just plain dumb.



You keep using this word "better" and yet leave it undefined and open to interpretation.  It's almost as though you don't know how to justify that statement, because you suspect you would fail if you tried.  "Better" how?  What can you use these "better" coins for?  What purpose do they serve?  I'm of the view that the only legitimate altcoins are the ones that serve a niche which Bitcoin wouldn't support very well.  If it fills a gap in the market, it's a valid coin.  Beyond that, anything else is worthless.  



Maybe you don't read the news.  Pension funds lose money on all sorts of things all the time.  Just because they're gambling on something new, it doesn't mean the new thing is bad.  I fail to see how it could be any worse than the derivatives casino they're normally losing everyone's money in.  

Well, actually, "VisiCalc (for "visible calculator") was the first spreadsheet computer program for personal computers..."
(source https://en.wikipedia.org/wiki/VisiCalc)

You keep getting things wrong, I wonder what else you miss...

What is your underlying saying that bitcoin is a ponzi scheme? if the ups and downs of bitcoin are said to be ponzi then that seems wrong, because the underlying of it all is demand and also stock yagn there with bitcoin. Ponzi that we usually know is based on investments that get a high profit, without anything like the business ecosystem, technology, and others. Cryptocurrency contains all that.

You're right, it shouldn't not end like all others.

Like all others, only greedy individuals and referrers are promoting Bitcoin, not companies, and institutions, and banks. And everyone is asking everyone to buy, and there is no other use for it, nobody is using it as it was supposed to be (a secure means of payment) and like all other ponzis, governments are cracking down and arresting the evil Bitcoin ponzimasters.

Can't wait for the end.