Topic: Is Cryptocurrency One Big Ponzi Scheme? (Read 18123 times)
If a bitcoin is a ponzi scheme then bitcoin will not last, and I do not assume that bitcoin is a ponzi scheme because the price falls low, it is a crypto market condition that is indeed unstable.
If it's a ponzi to you I must assume you're not very bullish. But at the end of the day, it's up to you to treat it how you wish & act accordingly.
the volatility nature of cryptocurrency doesn't makes it a pronzi scheme, cryptocurrencies are projects backed by tokens that tends to solve real time problem, my advice is that you read the white paper of anyb project, then do your own research before you invest in any cryptocurrency projects.
For me no even though theres a lot of ICO projects that has been created for scamming people but cryptocurrency is not a ponzi scheme because its not the same in the definition of a ponzi. Pyramid scheme is the similar definition of a ponzi so we can't say that cryptocurrency is a pyramiding.
You know about ponzi right, No one ponzi scheme will be survive, will be colaps, and crypto bitcoin already ten years, so this is the reason not a ponzi scheme.
The title says " cryptocurency " crypto is not only meant for bitcoin but cryto is compose of different types of cryptos and all crypto coins are legit . others are plain ponzi .
one example is a pump and dump type of coin where its value suddenly pump for no reason and when many investors got attracted to it , they will buy it and thats the time that the price can dump .
Sure they cant survive but scammers can create a new coin again .
life is big ponzi.
real estate is ponzi, Gold is ponzi Everything is ponzi even drug business is ponzi Money creating its ponzi too.
some ponzi just last longer some not.
the bigger is the ponzi the longer it Will last.
I Hope you got answer what you was Looking for.
real estate is ponzi, Gold is ponzi Everything is ponzi even drug business is ponzi Money creating its ponzi too.
some ponzi just last longer some not.
the bigger is the ponzi the longer it Will last.
I Hope you got answer what you was Looking for.
You know about ponzi right, No one ponzi scheme will be survive, will be colaps, and crypto bitcoin already ten years, so this is the reason not a ponzi scheme. And i think already many kind of coin created also many coin is die because not developed anymore, So cryptocurrensy is not just buy coin, but also must to developt so people will buy it because will help our life in the future, so the price will increase, So because the techology the price is increas not about ponzi
I definitely think cryptocurrency is not a ponzi although there are plenty of coins that have been or are.
Crypto itself is not ponzi, but yes their are people who introduce some new altcoins everyday and one should be doing research before investing in such projects as those can turn out to be ponzi and scam the people. But their are many coins like btc, eth, neo and many others which does have a bright future.
I definitely think cryptocurrency is not a ponzi although there are plenty of coins that have been or are.
Crypto itself is not ponzi, but yes their are people who introduce some new altcoins everyday and one should be doing research before investing in such projects as those can turn out to be ponzi and scam the people. But their are many coins like btc, eth, neo and many others which does have a bright future.
I don't think so, there's a lot of difference between crypto and ponzi scheme. Cryptocurrency itselt cannot be classified as Ponzi Scheme, maybe the people who are using the name of crypto for scamming can be the Ponzi Scheme.
Yes there are numerous scams in cryptocurrency and more of them are in the initial coin offerings.Still at that it still can not draw any similarity between cryptocurrency and ponzi scheme
I don't think that far to consider bitcoin as a ponzi scheme just because it is volatile in bitcoin. Price is indeed unstable but I think it's still feasible to get profit from bitcoin, so I don't need to think negatively with bitcoin.
It is one of the problem in the cryptocurrency market, there are false news that keep spreading in our society. There are now many people who are afraid to patronize cryptocurrencies because they think it is scam and a big ponzi scheme.
The basic underlying idea behind the use and creation of cryptocurrency is to present financial freedom to everybody no matter where you find yourself in this world. But the volatile nature of these digital currencies got me thinking, what if the whole idea of blockchain and cryptocurrency is just one giant Ponzi Scheme? Within a short period of time, there have been about thousands of cryptocurrencies created. Majority of these digital currencies are either trying to solve problems of a particular cryptocurrency by presenting solutions they think can help improve financial freedom. This usually gets me wondering and thinking. If you don't agree with me on this, please share your thoughts... 
Those people who keep saying that cryptocurrencies are big ponzi scheme are the people who doesn't have information about what it is. They are victims of misunderstanding and fake news. They will regret what they say if they fully understand what it is and its function.
I definitely think cryptocurrency is not a ponzi although there are plenty of coins that have been or are.
The basic underlying idea behind the use and creation of cryptocurrency is to present financial freedom to everybody no matter where you find yourself in this world. But the volatile nature of these digital currencies got me thinking, what if the whole idea of blockchain and cryptocurrency is just one giant Ponzi Scheme? Within a short period of time, there have been about thousands of cryptocurrencies created. Majority of these digital currencies are either trying to solve problems of a particular cryptocurrency by presenting solutions they think can help improve financial freedom. This usually gets me wondering and thinking. If you don't agree with me on this, please share your thoughts...
Literally speaking, yes! it is a Ponzi scheme. Only if you are not yet fully knowledgeable in cryptocurrency pal.
But once you discover the deepest reason of it, you will find out in a long run that this cryptocurrency can give a big help
for us to gain big in the future and its potentiality in the market as long as the coins you are going to hold em has a high volume
in the market as well.
I think cryptocurrency is not a ponzi scheme because crypto has survived for 10 until now it is still growing. if the ponzi scheme cryptocurrency will not last long. for example, like MMM, which only lasted 2 years, is a ponzi scheme. and the number of ICOs and new coins that appear is the work of fraudsters who want to get money quickly.
Cryptocurrency is different from ponzi, ponzi are created with the purpose of promising people of getting double of what they invest within a short period of time, while cryptocurrency are created mainly to stabilize people income, save funds by investing money in buying Bitcoin instead of banking in banks in which we yield low interest after a long period of time.
Ponzi scheme is a fraudulent investment with great promises of good return. It is a pyramid scheme where old investors are paid from the investment of new client which is not sustainable at the end. Bitcoin is created as a payment option which can be used as an investment. It is also traded so the two are totally different.
I agree , the pyramid and bitcoin 2 different things , bitcoin is already 10 years old , the pyramids do not live so much , who think that bitcoin is a pyramid I think you need to more carefully consider your insights 
Cryptocurrency is the new level of technology for CURRENCY of the world.
It is a new way to establish a new business in help of many people who wants to invest and gain.
CRYPTO is not a scheme PONZI though, there are some in this technology who tries to scam people.
It is a new way to establish a new business in help of many people who wants to invest and gain.
CRYPTO is not a scheme PONZI though, there are some in this technology who tries to scam people.
Ponzi scheme is a fraudulent investment with great promises of good return. It is a pyramid scheme where old investors are paid from the investment of new client which is not sustainable at the end. Bitcoin is created as a payment option which can be used as an investment. It is also traded so the two are totally different.
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