Bitcoin Forum

Other => Archival => Topic started by: ianbakewell on August 17, 2012, 11:16:54 AM



Title: Re: Using CC to invest in GLBSE?
Post by: ianbakewell on August 17, 2012, 11:16:54 AM

Why you think that?!

Offering 4.5% a week of interest isn't a ponzi scheme...

If you let 100 BTC in my hands, I turn it into 105 in one week with purely simple (and hard) work, called "trading"... Am I running a ponzi?!   =P

Cheers!
Thiago

Try to scale that trading up to any reasonable level. The margins get smaller and smaller.