Author

Topic: Why not a crime (Read 625 times)

hero member
Activity: 546
Merit: 500
AKA The Rubber Monkey
May 06, 2015, 09:21:37 AM
#13
Why not a crime ponzi and HYIP company in bitcoin ?

maybe managing catch?

It is a crime. Who says it is not a crime? The problem is to how to catch those thieves.


This problem isn't solved?

how they can solve the criminal problem? it's not even related to bitcoin, cash and fiat were always a big portion of it, helping terrorist

Actually, now that you mention cash,
I must say that cash is probably a better tool for terrorists and criminals.
Bitcoin transactions can be traced.
Cash cannot be traced.

That's only true for small amounts of cash. Since most terrorists are international, they have to be concerned about moving large amounts of cash across borders. The only way to do that is to smuggle it. Otherwise there is a big obvious paper trail. With Bitcoin, there is still a trail, but you have to look for it. It doesn't raise red flags like the movement of cash does.
legendary
Activity: 1120
Merit: 1000
May 06, 2015, 09:18:10 AM
#12
The point is that people don't pursue to the stealers, because they are over tor and other networks
legendary
Activity: 3374
Merit: 1824
May 06, 2015, 08:39:23 AM
#11
Why not a crime ponzi and HYIP company in bitcoin ?

maybe managing catch?
The problem with this type of "investment" is that almost every time operator runs away with all money and stole from everyone who invested in.
My thought are: if you don't know whether it is a ponzi or not because operator disguised it as some standard investment it is definitely a crime.
But if you knew exactly that this is ponzi and operator stated that plainly, then it is ok to run these type of activities. Some people would like to gamble and earn big money this way.
They know if they are late they are losing everything and if they pull out in time they will earn.


All in all. It is a grey area and I would never recommend investing in known ponzi because it is too risky.

I tried and invest my money many times in HYIP programs and lost money almost every time.
From my experience, every HYIP is ponzi and crime but people are so desperate to earn some money on Internet, that even they know HYIP is ponzi and crime, they will invest anyway, with desperate hope to get some money back.
I don't think that anybody seriously think that HYIP is legit business butr people will try anyway, it's some type of gambling or casino.
I guess, it's human nature, to expect to get something from no effort or work involved.


 
legendary
Activity: 1862
Merit: 1004
May 06, 2015, 08:33:04 AM
#10
Why not a crime ponzi and HYIP company in bitcoin ?

maybe managing catch?
The problem with this type of "investment" is that almost every time operator runs away with all money and stole from everyone who invested in.
My thought are: if you don't know whether it is a ponzi or not because operator disguised it as some standard investment it is definitely a crime.
But if you knew exactly that this is ponzi and operator stated that plainly, then it is ok to run these type of activities. Some people would like to gamble and earn big money this way.
They know if they are late they are losing everything and if they pull out in time they will earn.


All in all. It is a grey area and I would never recommend investing in known ponzi because it is too risky.
legendary
Activity: 1218
Merit: 1000
May 06, 2015, 08:31:32 AM
#9
Why not a crime ponzi and HYIP company in bitcoin ?

maybe managing catch?

It is a crime. Who says it is not a crime? The problem is to how to catch those thieves.

The real problem is.. so many people supported these thieves, when new ponzi came up, they said " scam scam scam" , but in other side they invested their money.
newbie
Activity: 28
Merit: 0
May 06, 2015, 08:27:22 AM
#8
Why not a crime ponzi and HYIP company in bitcoin ?

maybe managing catch?

It is a crime. Who says it is not a crime? The problem is to how to catch those thieves.


This problem isn't solved?

how they can solve the criminal problem? it's not even related to bitcoin, cash and fiat were always a big portion of it, helping terrorist

You're right
sr. member
Activity: 462
Merit: 250
May 06, 2015, 08:23:04 AM
#7
Why not a crime ponzi and HYIP company in bitcoin ?

maybe managing catch?

It is a crime. Who says it is not a crime? The problem is to how to catch those thieves.


This problem isn't solved?

how they can solve the criminal problem? it's not even related to bitcoin, cash and fiat were always a big portion of it, helping terrorist

Actually, now that you mention cash,
I must say that cash is probably a better tool for terrorists and criminals.
Bitcoin transactions can be traced.
Cash cannot be traced.
legendary
Activity: 3206
Merit: 1069
May 06, 2015, 07:59:55 AM
#6
Why not a crime ponzi and HYIP company in bitcoin ?

maybe managing catch?

It is a crime. Who says it is not a crime? The problem is to how to catch those thieves.


This problem isn't solved?

how they can solve the criminal problem? it's not even related to bitcoin, cash and fiat were always a big portion of it, helping terrorist
legendary
Activity: 1792
Merit: 1009
May 06, 2015, 07:59:00 AM
#5
Why not a crime ponzi and HYIP company in bitcoin ?

maybe managing catch?


what jurisdiction are you speaking about?

This is a world forum, BTC ponzis might not be really illegal in all jurisdictions by some reason or other
newbie
Activity: 28
Merit: 0
May 06, 2015, 07:26:53 AM
#4
Why not a crime ponzi and HYIP company in bitcoin ?

maybe managing catch?

It is a crime. Who says it is not a crime? The problem is to how to catch those thieves.


This problem isn't solved?
legendary
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
May 06, 2015, 07:22:51 AM
#3
I'm not sure if it is crime or not. However.. if someone wanted to do something bad online, they will always mask the IP and encrypt connection - many Bitcoin experts know how to do this well!
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
May 06, 2015, 07:21:45 AM
#2
Why not a crime ponzi and HYIP company in bitcoin ?

maybe managing catch?

It is a crime. Who says it is not a crime? The problem is to how to catch those thieves.
newbie
Activity: 28
Merit: 0
May 06, 2015, 07:19:47 AM
#1
Why not a crime ponzi and HYIP company in bitcoin ?

maybe managing catch?
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