Topic: Steem pyramid scheme revealed - page 7. (Read 107034 times)

why have bitcoin instead of cash. I do not believe i'm ale to tae this serious and thats only because there are to a lot of people who believes bitcoins are for entertainment but they're really worth actual money do dont believe coins are useless because the do not.bk

So many coins are just ponzi schemes now. It can actually be argued that the whole crypto economy is a ponzi bubble, waiting to burst. I guess time will tell if they're right or not.

Thats why steem coin wasnt worth it to buy until now the price is still less than $2 people knows what is ponzi scams.

Steem is crashes these days, it is worthless at all. Many retarded use this program to cheat free money, pity on them, especially bts creator dan

https://steemit.com/@steemit/transfers

https://steemit.com/@ned/transfers

https://steemit.com/@dantheman/transfers


Those are steem founders's wallets, they own a shit loads of steem yes i know. They own about 80% of steem .


You know what's funny is that they tell you to power up but they are powering down all 3 accounts and cashing out $2 Millions every week.

And fools on poloniex are buying up all the steems hahah and best of all the founders's money is growing extremely fast so they have essentially set up a system where they could cash out $2M every week for life until the ponzi come crashing down of course but these devs are fucking geniuses.
It doesn't end there though, they have designed a system where they have so much voting power compared to everyone else that they decide where the pool's money is being allocated, so if they want to pay themselves and their buddies they can do it just by a mouse click.
They can also create sockpuppets account and vote for themselves.It's like a fucking cartel, they are the first crypto mafia.
They also get to decide what goes on the front page so obviously they chose to upvote boobs and steem praise, there is nothing better than vagina to prop up a massive bubble.


In 3 years all the new steem power that was created out of thin air to enrich the devs will be detroyed at a ratio of 10 to 1. So if you have 10 SP they will burn 9 from you and everyone else including themselves, But they don't care becasue in 3 years the devs will be in their private yacht  sipping mojito with lots of bitches while you will be powering down but it's gonna be too late my friend.

And you know what they say when you ask but why are you destroying 90% of my wealth in 3 year? They say don't worry  hopefully the price will increase to make up for it rofl It will not because they would have crashed it to pay for the yatch lol

RIP steem power holders.

http://thestringpuller.com/2016/07/a-steeming-bubble/


edit : Dan has deleted transaction history on one of his account.  https://steemit.com/@steem/transfers

Money senta few days ago from https://steemit.com/@steemit/transfers is not showing as received on the steem account like it usually does. I don't know exactly why he doesn't want us to see the transactions but it looks like he is trying to hide something. Fishy


edit 2 : As predicted Steemit founders cashing out big time, they have been crashing the price from 5$ to 0.8$ and they are gonna crash it to pennies until there are no more investors to milk from.
https://steemit.com/steemit/@magnebit/steem-price-is-being-pushed-down-by-1-person-speculation-on-why-and-where-it-may-end-up

RIP steem power holders

80% is a big one. I have investedn in steem and i believed in it. Its just sad how some developers are too greedy. They only want to get all our money. This makes me want to stop with the alts and just hold my bitcoin, then i won't be scammed.

Steem is crashes these days, it is worthless at all. Many retarded use this program to cheat free money, pity on them, especially bts creator dan

This thread was old, if this are all true why does steem still in the crypto currency world?

... Government authorities and Banking institutions. Do you consider these people are likely to just let Bitcoin exist with out their involvement or blessing? Do you think these folks aren't going to wish to have manage and choice to adjust Bitcoin as they have fiat?I think the answer is No!