Bitcoin Forum

Economy => Economics => Topic started by: Bitzing on April 03, 2013, 07:05:56 PM



Title: [BFL] Bitcoin Ponzi?
Post by: Bitzing on April 03, 2013, 07:05:56 PM
I know lol title.

If BFL doesn't produce the the mining rigs does this mean BTC might very well be a ponzi scheme?

The money is in the mining equipment, not the gold.


Title: Re: Bitcoin Ponzi?
Post by: alexeft on April 03, 2013, 07:07:03 PM
GPUs still exist.


Title: Re: Bitcoin Ponzi?
Post by: mai77 on April 03, 2013, 07:15:10 PM

actually, U$D is an international f****** ponzi scheme


Title: Re: [BFL] Bitcoin Ponzi?
Post by: tysat on April 03, 2013, 07:18:20 PM
I added in [BFL] to the title to make this a little less confusing.

@OP
What do you mean
If BFL doesn't produce the the mining rigs does this mean BTC might very well be a ponzi scheme?

I'm not sure if you're saying that bitcoin is a ponzi scheme or if BFL is.


Title: Re: [BFL] Bitcoin Ponzi?
Post by: Bitzing on April 03, 2013, 07:23:52 PM
I added in [BFL] to the title to make this a little less confusing.

@OP
What do you mean
If BFL doesn't produce the the mining rigs does this mean BTC might very well be a ponzi scheme?

I'm not sure if you're saying that bitcoin is a ponzi scheme or if BFL is.

I'm not saying anything is. More of a question or food for thought.

Since no one knows you created Bitcoin, could it be BFL (only company that sells these new rigs?) is Satoshi Nakamoto. Or am I giving them to much credit?



Title: Re: [BFL] Bitcoin Ponzi?
Post by: tysat on April 03, 2013, 07:26:26 PM
Since no one knows you created Bitcoin, could it be BFL (only company that sells these new rigs?) is Satoshi Nakamoto. Or am I giving them to much credit?

You're giving them waaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay too much credit.  Avalon is selling ASIC rigs and has actually delivered.

I'm still not sure of the point you're trying to make with this thread.


Title: Re: [BFL] Bitcoin Ponzi?
Post by: Tonko on April 04, 2013, 02:12:11 AM
If Ponzi or Ponzi-like schemes were easy to diagnose, they would probably be dismantled very early in the game.

OTOH, if it is too good to be true, whatever it is, it is usually too good to be true. So my granny told me.