Topic: Ponzi "Game" == Negative Trust? - page 4. (Read 8505 times)

This isn't my opinion, its the flat out truth. Go to any popular ponzi game and see that they display the risks.

If these games are openly labeled as ponzi then you play at your own risk. It's up to the players of these games to be responsible with their money and educate themselves.
IMHO, a Negative isn't needed although perhaps a Neutral and a simple warning post in that particular thread.

Ok , no problem. This is your opinion , and I accept it.   However what do you think for the question about the secondary "child board" only for those ponzi games ?

Exactly, the fact that most of them display the risks right in front of you is why they are games. Simpley a gambling game.

Ponzi schemes don't tell you they are ponzis. These games do because they are telling people that giving their money is a gamble, you may or may not get it back. People should know that because they freaking tell you

I think you can actually see these "Ponzi games" as games. IF they atleast exactly state how they work: state that the last ones will not get paid and that every new entry pays the outstanding dept for earlier participants.

If that's stated very clearly, I think participants know the rules of the game. If they participate afterwards, they know the risks.

I think there actually is some "gambling" part in such games as you need to be lucky in both kind of games. Sure, you know the probability about how big your changes are to win (or loose) in for example a Dice game, and these probabilities are unknown in the Ponzi games. They unknown because they are based on the incoming BTC's after you participated, and no one can predict that.  Therefore I think you can see it as a way of gambling. You know the risk, and you take the risk by participating.

The ponzi games working around the ponzi schemes , because if I will invest for first and no one after me invest I will not receive nothing. So the base of a ponzi game , is a ponzi scheme.

You canno't talk about the ponzi games , they  don't exist.

Redsnow we are talking about goddamn ponzi games... Not ponzi schemes.

Ok , thanks for the information. So in this case all the ponzi schemes are legit , no problem.

That taco truck over there, big ass scam... Selling tacos to make money. I'm pretty sure one day they'll just run with our money.

Their purpose? To make money for the owners? like any other business

The term scammed means swindled, or cheated IE the other party you are trading with did not fulfill their side of the deal. How are they not fulfilling their side when they are clearly stating it is a ponzi?

I find it hard to believe there is no entertainment. Thats a matter of opinion.


So why don't we neg all forms of non-provably fair gambling then if there is something so wrong about it? lets neg all the sportsbetting websites.



I think me and you have different definitions of the word scamming. If the other person fulfills their side of the deal and both parties are willingly trading, where did the scam occur?

And the ethos behind Bitcoin in general seems to be for free market trade and against regulation, so why do you think its ok to tell businesses not to use Bitcoin because it will shine a negative light on it? thats completely against the general beliefs of many Bitcoiners.

And I don't know for sure but I suspect you are a not a qualified lawyer so there is no way you can know if such websites put the form at legal risk, but I can't see how it could. And if it did put the forum at risk maybe it would be a good idea to fight the unjustice of that and try and set a precedence in order to protect free market trade. Did the forum have any legal problems when pirateat40 was prosecuted?

What is the final purpose of a ponzi schemes ? I think all we know the history or not ?

Where is the odds in a poker game?

In this case I agree with quickseller and stunna ( they have already give a valid explanation). At the end the problem is :

Where is the odds in a Ponzi scheme ? Please don't call them "ponzi games" because it isn't a 'game'.

The majority of people indeed lose money dicing, however the odds are extremely straight forward more so than any other gambling game and the edge is pretty minuscule at 1%. Dice is a sustainable and provably fair game of entertainment, Ponzi games ALWAYS end with users getting scammed as one user's funds are used to pay another user a premium and ultimately someone if not multiple people will lose all their money. They almost never have any value in terms of entertainment, it's hard to call them games when really they are high risk securities if anything.

The core issue with ponzi games right now is that they aren't just scamming one individual, and they are rarely if ever provably fair. There used to be games like the bitcoin bear and bitcoin gem which were provably fair ponzi games. The risks were well advertised and only one user would be losing their "investment' per round. When these new ponzi games get a large enough investment they simply steal it and continue to take further deposits and steal those as well.

I think it's extremely stupid for this forum to allow the serial scamming of users via openly letting ponzi owners advertise here. It shines an extremely negative light on this forum and bitcoin itself and puts the forum at legal risk.


I agree with negative trusting ponzi games if any of these conditions are fulfilled:


       1. Unrealistic promises/ Failure to fully disclose risks. Ex. Not calling the game a "ponzi"  (90% of games right now)


       2. Bought account: If the account they are using to advertise is bought and they are using that purchased reputation they should receive negative feedback.

  
       3. Fake users/puppets. Example: https://bitcointalksearch.org/topic/24hoursponzicom-100-automated-secure-130-return-from-weeklyponzicom-927328


       4. Non-Instant games. Ponzis are now 48 hours or weekly and hold all deposits giving them the opportunity to scam massive groups of users. Example.    



My beef isn't with classic bitcoin ponzi games, it's with the new generation of games which are highly deceptive and designed to scam giant groups when users believe that an individual "greater fool" will be the victim. It's possible to run a legitimate bitcoin ponzi game, but if you view the gambling section that is rarely the case and thus the majority of these games should either be deleted from the section or receive negative trust if they are to remain.

It's pretty obvious that all these games are being run by a small group of serial scammers who simply repost a new game and make a few design changes after scamming a prior group of "investors". The simple fact that the vast majority of this forum disagrees with these games is enough justification to permanently remove them.

I'm leaving cause I'm tired and this thread isnt making me happy... Anyways, I guess I haven't been here long enough to know about how every ponzi game Is a scam.

I've decided to remove the negative trust I sent quick seller not because he told me to but because I have been thinking and I think that people can make their own decisions on whether or not to listen to his accusations.

Are you leaving because your points have been refuted?

Anyone can judge the characters of the people who are opening sites deemed shady. You should have to prove and earn trust. Not have it given to you from your first post. Like you said you haven't been here that long. Maybe you should trust the judgement of other members that have seen hundreds of these scams such as ponzi GAMES. We were right about Bitcoin-stocks, and we are right about this ponzi craze too. Unless you have a vested interest in these scams, your reasoning makes no sense.

I'm just saying you can't judge a site by the past of others... I'm done with this thread for now, I've made my point clear enough. If you'd like to see what my thoughts are just look back in the earlier posts.

Do a quick search. The skeletons of them are still here.

And those were ponzi GAMES