Author

Topic: Fonzi scheme? (Read 1422 times)

hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
April 17, 2013, 02:17:53 PM
#19
hero member
Activity: 952
Merit: 1009
April 17, 2013, 02:16:39 PM
#18
Hey guys, what is sarcasm?

Sarcasm is "a sharp, bitter, or cutting expression or remark; a bitter gibe or taunt", usually conveyed through irony or understatement.
newbie
Activity: 25
Merit: 0
April 17, 2013, 02:09:58 PM
#17
Hey guys, what is sarcasm?
member
Activity: 84
Merit: 10
April 17, 2013, 01:47:56 PM
#16
In a Fonzi Scheme, the founders persuade investors that they’ ll all wear cool jackets. Bitcoin does not make such a guarantee. There is no central entity, just individuals building an economy.
A Fonzi scheme is a cool sum game. Early adopters can only profit at the expense of those without cool jackets. Bitcoin has possible win-win outcomes. Early adopters profit from cool jackets. Late adopters, and indeed, society as a whole, benefit from coolness of the jackets.
The fact that early adopters benefit more doesn't alone make anything a Ponzi scheme. All good investments in successful companies have this quality.
newbie
Activity: 7
Merit: 0
April 17, 2013, 01:33:34 PM
#15
Hail to the members of the First United Church of the Fonz.
newbie
Activity: 42
Merit: 0
April 17, 2013, 01:28:46 PM
#14
People not getting jokes on the internet? Ah, happy days!
legendary
Activity: 3472
Merit: 4801
April 17, 2013, 01:21:42 PM
#13
Hey, I'm gonna do you a favor and quote the wiki for you:
Quote
In a Ponzi Scheme, the founders persuade investors that they’ll profit. Bitcoin does not make such a guarantee. There is no central entity, just individuals building an economy.
A ponzi scheme is a zero sum game. Early adopters can only profit at the expense of late adopters. Bitcoin has possible win-win outcomes. Early adopters profit from the rise in value. Late adopters, and indeed, society as a whole, benefit from the usefulness of a stable, fast, inexpensive, and widely accepted p2p currency.
The fact that early adopters benefit more doesn't alone make anything a Ponzi scheme. All good investments in successful companies have this quality.
Now as the definition goes,
Quote
In a Ponzi Scheme, the founders persuade investors that they’ll profit.
no one is telling any one to invest in Bitcoins.
Also a small warning, don't go around to forums and start slandering them when you haven't even done research!!!!

Quote
Quote
This thread made me laugh Grin

Can't tell if serious.  You do know who Fonzi is, right?  Are you familiar with the origin of the phrase "jumped the shark"?

Perhaps I'm the one who is not noticing the sarcasm in your posts?

You're joking, right?
C1D
newbie
Activity: 21
Merit: 0
April 17, 2013, 01:14:32 PM
#12
Hey, I'm gonna do you a favor and quote the wiki for you:
Quote
In a Ponzi Scheme, the founders persuade investors that they’ll profit. Bitcoin does not make such a guarantee. There is no central entity, just individuals building an economy.
A ponzi scheme is a zero sum game. Early adopters can only profit at the expense of late adopters. Bitcoin has possible win-win outcomes. Early adopters profit from the rise in value. Late adopters, and indeed, society as a whole, benefit from the usefulness of a stable, fast, inexpensive, and widely accepted p2p currency.
The fact that early adopters benefit more doesn't alone make anything a Ponzi scheme. All good investments in successful companies have this quality.
Now as the definition goes,
Quote
In a Ponzi Scheme, the founders persuade investors that they’ll profit.
no one is telling any one to invest in Bitcoins.
Also a small warning, don't go around to forums and start slandering them when you haven't even done research!!!!

Quote
Quote
This thread made me laugh Grin
newbie
Activity: 7
Merit: 0
April 17, 2013, 01:10:28 PM
#11
newbie
Activity: 7
Merit: 0
April 17, 2013, 01:08:21 PM
#10
This thread made me laugh  Grin
newbie
Activity: 42
Merit: 0
April 17, 2013, 01:07:56 PM
#9
all of you are fonzies!
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
April 17, 2013, 12:58:09 PM
#8
Well, I heard it was a potsy scheme.
newbie
Activity: 8
Merit: 0
April 17, 2013, 12:55:12 PM
#7
I keep hearing that Bitcoin is really a Fonzi scheme.  Does that mean it has already jumped the shark?  Cool

coke -> nose -> keyboard
donator
Activity: 784
Merit: 1000
April 17, 2013, 12:48:17 PM
#6
Yes, I'm Mr. Ponzi and now I'm buying your bitcoins to sell it back to you at $300 in a couple of weeks

Right now it's falling to $15. Hurry to sell until it's at least $80.
legendary
Activity: 3472
Merit: 4801
April 17, 2013, 12:39:59 PM
#5
First of all its a Ponzi Scheme, and second before posting make sure you check the FAQ on the wiki before asking a stupid question like that!

this.  read stuff before blathering.  we're all guilty of it, but if you start now, your future is bright!


It seems the sarcasm and humor went right over your head.
sr. member
Activity: 364
Merit: 250
April 17, 2013, 12:18:23 PM
#4
First of all its a Ponzi Scheme, and second before posting make sure you check the FAQ on the wiki before asking a stupid question like that!

this.  read stuff before blathering.  we're all guilty of it, but if you start now, your future is bright!
C1D
newbie
Activity: 21
Merit: 0
April 17, 2013, 12:16:59 PM
#3
First of all its a Ponzi Scheme, and second before posting make sure you check the FAQ on the wiki before asking a stupid question like that!
hero member
Activity: 602
Merit: 500
Your *what* is itchy?
April 17, 2013, 12:15:44 PM
#2
Aaaayyyyyyyyyyyy!
newbie
Activity: 56
Merit: 0
April 17, 2013, 11:54:43 AM
#1
I keep hearing that Bitcoin is really a Fonzi scheme.  Does that mean it has already jumped the shark?  Cool
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