Topic: Steem pyramid scheme revealed - page 80. (Read 107058 times)

In a ponzi scheme only early adopters benefit from the scam, no different here.

A few bucks? lol  dude what are you smoking? They are cashing out a few million bucks every week. They have been powering down continually for months, while everyone else is powering up so that they can sell at the top every week

So many keyboard warriors on here that will never write a line of code or contribute to society.  You should be happy to see actual developers, such as the ones that created the steemit EXPERIMENT, make a few bucks.  They are trying to get crypto blockchain technology out of the basements and garages.

Well you know those Larimers clean up pretty well after ripping everyone off with Bitshares.  I'm sure they have enough money to fake the volume to lure in the suckers.  If they're unwilling to use their own money, I'm sure the Chinese Communist Central Party is more than willing to finance the operation seeing as how they are profiting handsomely from helping the Larimers to perpetuate these conjobs.

I can't believe there are THREE different coins that people are being scammed with. One was already more than enough, seeing as how only pro-steemit articles would get insane amounts of money....


...not to mention, the ENTIRE IDEA is bullshit - how is steemit a 'decentralized reddit'? You have to log in to steemit website - meaning someone or a team can shut one page or the entire site down at their discretion. Pure bs...cant believe there's this much volume (unless it's all an inside job/founders controlling vol)

I guess this may be about the money. People are still advertising ponzis in the "ponzi" section(investors).

I can't believe how stupid and gullible some people are.  Didn't any of them learn anything from the Bitshares ponzi?  This is the exact same scam with a different name.  The Larimer Gang and their Chicom associates are scammers pure and simple, not "geniuses".

Let's wait and watch. I am not agreeing or disagreeing yet, merely think that many systems including BTC initially had high degrees of centralised token ownership until wider distribution occurred. I will be watching this play out closely.

Looks like you have a valid point we'll now wait what the admins and the devs has to say on this,actually it's quite hard to earn stemm dollars not unlike three moths ago

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