♨♨♨ Is Bitcoin A Giant Ponzi Scheme?♨♨♨ - page 3.

posoa

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Quote from: ShortCoins on December 10, 2017, 01:49:41 AM

A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources

Is Bitcoin a giant Ponzi Scheme?

Bitcoin is not a Giant Ponzi Scheme, because it is glaring clear that Bitcoin as a cryptocurrency has no link or connection with any thing Ponzi. There are a lot of people who have actually benefited from investment of bitcoin who today are millionaires. And presently all investors of bitcoin are daily seeing the price value of Bitcoin rising and the price increasing exponentially. It is not so with ponzi scheme that tends to collect money from the new members to pay the old members and make promises that can not be meet.Bitcoin is a crypto crrency that is worldly accepted for transactions, tradings, investments..... etc while ponzi scheme is widely condemn.

LFC_Bitcoin

legendary

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#1 VIP Crypto Casino

Seems to be a recurring theme with all these shit threads saying negative things about bitcoin. They’re always created by newbies, so OP I ask you, are you butthurt that you missed the train & have no coins or does a whale pay you to try & get moron’s to sell after seeing your shit posts?

TianaStam

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It can be and can be not at the same time. I don't know. But I know that there are some sites and schemes which use bitcoin for their ponzi activity, pay, start to earn BTC, join a friend and you will get some plus. I am trying to stay away from such suggestions, but believe me, internet is full of them and other kinds of scam. I decided to concentrate on crypto trading, to me it's the most honest and independed way to make money, there you are your own boss.

bitfools

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Quote from: Juggy777 on December 11, 2017, 06:11:02 AM

Quote from: ShortCoins on December 10, 2017, 01:49:41 AM

A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources

Is Bitcoin a giant Ponzi Scheme?

Another complete bull shit argument, do you know what a ponzi scheme is, when they sell you a product or a tree model how in the world is bitcoin a ponzi scheme, no one tells you to invest money, you do it for your personal greed and then come up with false argument that it's a ponzi, this is often spread by centralized banker's to keep Bitcoin enthusiastic away from it, stop falling prey to it.

The bankers OWN BITCOIN, why would they tell U not get involved in the 'ponzi'

The entire narrative of BTC is that it is anarchist, crypto, and anti-banker when in fact it is owned 100% by GOLDMAN-SACKS, aka ZOG IMF-BIS INTL BANKING, truth be told the entire narrrative by people like U is the big lie of BTC.

Juggy777

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Quote from: ShortCoins on December 10, 2017, 01:49:41 AM

A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources

Is Bitcoin a giant Ponzi Scheme?

Another complete bull shit argument, do you know what a ponzi scheme is, when they sell you a product or a tree model how in the world is bitcoin a ponzi scheme, no one tells you to invest money, you do it for your personal greed and then come up with false argument that it's a ponzi, this is often spread by centralized banker's to keep Bitcoin enthusiastic away from it, stop falling prey to it.

bitfools

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Activity: 112

Merit: 12

Quote from: Walrus1 on December 11, 2017, 04:04:39 AM

Here is the best answer, it might be, or it might not be, thanks might as well lock the thread I took care of it

Say it isn't true locked the thread??

BITCOIN SCAM 2018 Would even Make PONZI & MADOFF blush, there fixed it for you.

PONZI was a local Boston operation, BITCOIN-BUBBLE is the worlds first "South Sea Bubble" mania to make the entire world insane all at once.

bitfools

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Quote from: wildflower18 on December 11, 2017, 05:38:07 AM

Quote from: awawo on December 11, 2017, 03:54:32 AM

Bitcoin is not a ponzi scheme in the sense that bitcoin is an asset it have a value just like gold and other real estate. A ponzi is a scheme has no value and is a scam who are out to DUP their members. Bitcoin is a secondary currency and it value in the exchange market is rising on daily basis. You can use bitcoin to pay for goods and services.

You are absolutely right, we cannot say bitcoin a ponzi scheme it does not exists to scam people or users. It is a digital currency were we can use online it is not use to fraud. Though also most users interest in bitcoin to invest because of price increasing.

Ponzi was a person, BITCOIN is software.

What we can say is that 1,000's or PONZI-ACTORS are orchestrating a HUGE fraud in order rob millions of world citizens using BITCOIN as the conduit.

PONZI traded stamps, and nobody blamed 'stamps' for his fraud, they blamed Ponzi, BITCOIN is anonymous so no person can be blamed this is why every criminal on earth is involved the "BITCOIN FRAUD BUBBLE"

There fixed it for you.

bitfools

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Quote from: sumangs on December 11, 2017, 03:48:48 AM

There is no person or a company that controls bitcoin so it is not a ponzi scheme. There is no pyramid and referrals so there is no reason to be a scam. People are just investing because they want to. The cause of making it look like a bubble are those who panic selling for profitand it greatly affects the bitcoin reputation again.

It's parabolic since summer, experts call this a bubble, and they never end well.

U can deny reality if you wish, but reality will still run you over like a deer in your headlights on the road

BTC is a HUGE pyramid scam of bringing in newbs with bountys', MLM campaigns from 100's of exchanges,

Everything about BITCOIN SMELLS like the 'historical shit' of all great bubbles before

The defense of BITCOIN here by morons is like listening to scientologists defend their faith and LRon Hubbard

wildflower18

sr. member

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Quote from: awawo on December 11, 2017, 03:54:32 AM

Bitcoin is not a ponzi scheme in the sense that bitcoin is an asset it have a value just like gold and other real estate. A ponzi is a scheme has no value and is a scam who are out to DUP their members. Bitcoin is a secondary currency and it value in the exchange market is rising on daily basis. You can use bitcoin to pay for goods and services.

You are absolutely right, we cannot say bitcoin a ponzi scheme it does not exists to scam people or users. It is a digital currency were we can use online it is not use to fraud. Though also most users interest in bitcoin to invest because of price increasing.

Walrus1

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Here is the best answer, it might be, or it might not be, thanks might as well lock the thread I took care of it

awawo

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Bitcoin is not a ponzi scheme in the sense that bitcoin is an asset it have a value just like gold and other real estate. A ponzi is a scheme has no value and is a scam who are out to DUP their members. Bitcoin is a secondary currency and it value in the exchange market is rising on daily basis. You can use bitcoin to pay for goods and services.

Realist247

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Quote from: sumangs on December 11, 2017, 03:48:48 AM

There is no person or a company that controls bitcoin so it is not a ponzi scheme. There is no pyramid and referrals so there is no reason to be a scam. People are just investing because they want to. The cause of making it look like a bubble are those who panic selling for profitand it greatly affects the bitcoin reputation again.

back read this thread and then come back here and say the above again since it's clear that you have not thought this through like most noobs around here

hilda483

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Quote from: ShortCoins on December 10, 2017, 01:49:41 AM

A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources

Is Bitcoin a giant Ponzi Scheme?

I highly doubt you can call Bitcoin a Ponzi Scheme. I'd rather say you are way away from what Bitcoin truly is, and that's a revolution!

sumangs

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There is no person or a company that controls bitcoin so it is not a ponzi scheme. There is no pyramid and referrals so there is no reason to be a scam. People are just investing because they want to. The cause of making it look like a bubble are those who panic selling for profitand it greatly affects the bitcoin reputation again.

Re3urst

newbie

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Quote from: bitfools on December 11, 2017, 02:56:32 AM

Well classically bubbles end when shoe-shine boys and village idiots are talking about 'bitcoin'

It's all based on greater fool theory, and by reading this forum, the greatest fools have been found,

Finding new fools to invest in BTC, is problematic at best.

Agreed. I cashed out my initial capital from BTC. Not trying to speculate on something with no cash, no employees, no real estate, and produces NO INCOME.

bitfools

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Well classically bubbles end when shoe-shine boys and village idiots are talking about 'bitcoin'

It's all based on greater fool theory, and by reading this forum, the greatest fools have been found,

Finding new fools to invest in BTC, is problematic at best.

Mrsun78

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Quote from: ShortCoins on December 10, 2017, 01:49:41 AM

A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources

Is Bitcoin a giant Ponzi Scheme?

I hope it's not since all around the world people are getting more active and dedicated.

Kotone

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Quote from: ShortCoins on December 10, 2017, 01:49:41 AM

A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources

Is Bitcoin a giant Ponzi Scheme?

With your logiv then it might mean that anytime soon it might collapse due to the fact that othr investors kight shy away forom it due to its lhigh prices. However i agree with some of also the others here in regards that it is not a ponzi but rather more of an investment type of earning koney

ShortCoins

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https://www.youtube.com/watch?v=F7luAHdv61k

https://www.youtube.com/watch?v=kOw15zYwmfM

Some good bitcoin videos from Crypto Daily and Trader of Futures. Explaining a bit about the Ponzi Scheme, the Bubble and why the price of Bitcoin might be a problem.

Realist247

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Quote from: michellee on December 10, 2017, 07:29:32 PM

Quote from: ShortCoins on December 10, 2017, 01:49:41 AM

A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources

Is Bitcoin a giant Ponzi Scheme?

although I don't know more about Ponzi scheme and I do not agree if bitcoin is part of Ponzi because as the investment, bitcoin works good and it gives us the opportunity to make money. maybe people can said like that is because they don't learn anything in bitcoin so they give out a statement that said bitcoin is a giant Ponzi scheme. many of us is making money from bitcoin and no one said that bitcoin is a Ponzi until now.

https://www.youtube.com/watch?v=HbvYeLxMKN8

The above link should be a sticky on this forum.

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