Topic: PETER SCHIFF IS RIGHT... All Ponzi Schemes eventually FAIL even BlockChain Ponzi - page 2. (Read 223 times)
June 18, 2022, 12:11:44 PM
If you're such a big Schiff fan go buy gold and leave this forum, it's obviously not the place to be for you. We'll talk again in 5 years, let's see who laughs best. I love it how people play smart when BTC goes down, only to cry once it reaches $100k
June 18, 2022, 12:02:37 PM
• First Peter Schiff was right,
• Then, we Bitcoin people were right;
The inconsistency in your ideas and opinions with tweets from people or price actions shows you should not invest in Bitcoin at all, and that's perfectly fine.
Not everyone needs to invest in Bitcoin.
A pomzi scheme, functions similar to a pyramid scheme, where a central authority lures investors with the incentive of profits, which are gained from earlier investors.
Bitcoin is an asset which is projected to appreciate in value over time with more adoption and popularity and based on price history, just like stocks of public companies and many other assets. Bitcoin also has utility besides buying and selling as it allows borderless P2P transactions between users
There is no central authority or promise of profit.
• Then, we Bitcoin people were right;
OMG, You guys were right about BitCoin price going up 
I wish I had bought in back in march 
• Now, Peter Schiff is right again. I wish I had bought in back in march The inconsistency in your ideas and opinions with tweets from people or price actions shows you should not invest in Bitcoin at all, and that's perfectly fine.
Not everyone needs to invest in Bitcoin.
It does not matter if a Ponzi Scheme is based on Tulips, Based on Chain Letters, or Based on Blockchain. No matter what method you use to run a PONZI SCHEME... Nothing changes the fact that BitCoin has zero intrinsic value, is a PONZI and will collapse like every PONZI in history.
People throw the word 'ponzi' around, without understanding what it actually is.A pomzi scheme, functions similar to a pyramid scheme, where a central authority lures investors with the incentive of profits, which are gained from earlier investors.
Bitcoin is an asset which is projected to appreciate in value over time with more adoption and popularity and based on price history, just like stocks of public companies and many other assets. Bitcoin also has utility besides buying and selling as it allows borderless P2P transactions between users
There is no central authority or promise of profit.
June 18, 2022, 11:45:39 AM
Peter Schiff is Right, BitCoin is well on its way to complete collapse 
Now that BitCoin is below 20,000 Margin Calls will force MASS SELLING soon enough...
It does not matter if a Ponzi Scheme is based on Tulips, Based on Chain Letters, or Based on Blockchain. No matter what method you use to run a PONZI SCHEME... Nothing changes the fact that BitCoin has zero intrinsic value, is a PONZI and will collapse like every PONZI in history.
SCARCITY means nothing: There are only a finite number of shares of Celsius, that does not give them value... I have only 1000 tokens of HARD FACTS NFT's available, there will never be more than 1000 in existence... That does not make them worth a million dollars.
For those of you that are so CULT LIKE in your beliefs, and refuse to accept facts and the reality of what is now happening: Talk is cheap, make sure you take out a second mortgage on your homes, run up your credit cards, and " BUY THE DIP "
Now that BitCoin is below 20,000 Margin Calls will force MASS SELLING soon enough...
It does not matter if a Ponzi Scheme is based on Tulips, Based on Chain Letters, or Based on Blockchain. No matter what method you use to run a PONZI SCHEME... Nothing changes the fact that BitCoin has zero intrinsic value, is a PONZI and will collapse like every PONZI in history.
SCARCITY means nothing: There are only a finite number of shares of Celsius, that does not give them value... I have only 1000 tokens of HARD FACTS NFT's available, there will never be more than 1000 in existence... That does not make them worth a million dollars.
For those of you that are so CULT LIKE in your beliefs, and refuse to accept facts and the reality of what is now happening: Talk is cheap, make sure you take out a second mortgage on your homes, run up your credit cards, and " BUY THE DIP "
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