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Title: Fonzi scheme? Post by: LaggedOnUser on April 17, 2013, 04:54:43 PM I keep hearing that Bitcoin is really a Fonzi scheme. Does that mean it has already jumped the shark? 8)
Title: Re: Fonzi scheme? Post by: Aahzman on April 17, 2013, 05:15:44 PM Aaaayyyyyyyyyyyy!
Title: Re: Fonzi scheme? Post by: C1D on April 17, 2013, 05:16:59 PM First of all its a Ponzi Scheme, and second before posting make sure you check the FAQ on the wiki before asking a stupid question like that!
Title: Re: Fonzi scheme? Post by: deadweasel on April 17, 2013, 05:18:23 PM First of all its a Ponzi Scheme, and second before posting make sure you check the FAQ on the wiki before asking a stupid question like that! this. read stuff before blathering. we're all guilty of it, but if you start now, your future is bright! Title: Re: Fonzi scheme? Post by: DannyHamilton on April 17, 2013, 05:39:59 PM First of all its a Ponzi Scheme, and second before posting make sure you check the FAQ on the wiki before asking a stupid question like that! this. read stuff before blathering. we're all guilty of it, but if you start now, your future is bright! It seems the sarcasm and humor went right over your head. Title: Re: Fonzi scheme? Post by: zeroday on April 17, 2013, 05:48:17 PM Yes, I'm Mr. Ponzi and now I'm buying your bitcoins to sell it back to you at $300 in a couple of weeks
Right now it's falling to $15. Hurry to sell until it's at least $80. Title: Re: Fonzi scheme? Post by: NewAgeCoins on April 17, 2013, 05:55:12 PM I keep hearing that Bitcoin is really a Fonzi scheme. Does that mean it has already jumped the shark? 8) coke -> nose -> keyboard Title: Re: Fonzi scheme? Post by: RodeoX on April 17, 2013, 05:58:09 PM Well, I heard it was a potsy scheme.
Title: Re: Fonzi scheme? Post by: Hei_ on April 17, 2013, 06:07:56 PM all of you are fonzies!
Title: Re: Fonzi scheme? Post by: DieselQ9 on April 17, 2013, 06:08:21 PM This thread made me laugh ;D
Title: Re: Fonzi scheme? Post by: newman_justin40 on April 17, 2013, 06:10:28 PM This thread made me laugh ;D Title: Re: Fonzi scheme? Post by: C1D on April 17, 2013, 06:14:32 PM Hey, I'm gonna do you a favor and quote the wiki for you:
Quote In a Ponzi Scheme, the founders persuade investors that they’ll profit. Bitcoin does not make such a guarantee. There is no central entity, just individuals building an economy. Now as the definition goes, A ponzi scheme is a zero sum game. Early adopters can only profit at the expense of late adopters. Bitcoin has possible win-win outcomes. Early adopters profit from the rise in value. Late adopters, and indeed, society as a whole, benefit from the usefulness of a stable, fast, inexpensive, and widely accepted p2p currency. The fact that early adopters benefit more doesn't alone make anything a Ponzi scheme. All good investments in successful companies have this quality. Quote In a Ponzi Scheme, the founders persuade investors that they’ll profit. no one is telling any one to invest in Bitcoins.Also a small warning, don't go around to forums and start slandering them when you haven't even done research!!!! Quote Quote This thread made me laugh ;D Title: Re: Fonzi scheme? Post by: DannyHamilton on April 17, 2013, 06:21:42 PM Hey, I'm gonna do you a favor and quote the wiki for you: Quote In a Ponzi Scheme, the founders persuade investors that they’ll profit. Bitcoin does not make such a guarantee. There is no central entity, just individuals building an economy. Now as the definition goes, A ponzi scheme is a zero sum game. Early adopters can only profit at the expense of late adopters. Bitcoin has possible win-win outcomes. Early adopters profit from the rise in value. Late adopters, and indeed, society as a whole, benefit from the usefulness of a stable, fast, inexpensive, and widely accepted p2p currency. The fact that early adopters benefit more doesn't alone make anything a Ponzi scheme. All good investments in successful companies have this quality. Quote In a Ponzi Scheme, the founders persuade investors that they’ll profit. no one is telling any one to invest in Bitcoins.Also a small warning, don't go around to forums and start slandering them when you haven't even done research!!!! Quote Quote This thread made me laugh ;D Can't tell if serious. You do know who Fonzi is, right? Are you familiar with the origin of the phrase "jumped the shark"? Perhaps I'm the one who is not noticing the sarcasm in your posts? You're joking, right? Title: Re: Fonzi scheme? Post by: hughperman on April 17, 2013, 06:28:46 PM People not getting jokes on the internet? Ah, happy days!
Title: Re: Fonzi scheme? Post by: JoaoG on April 17, 2013, 06:33:34 PM Hail to the members of the First United Church of the Fonz.
Title: Re: Fonzi scheme? Post by: tehace on April 17, 2013, 06:47:56 PM In a Fonzi Scheme, the founders persuade investors that they’ ll all wear cool jackets. Bitcoin does not make such a guarantee. There is no central entity, just individuals building an economy.
A Fonzi scheme is a cool sum game. Early adopters can only profit at the expense of those without cool jackets. Bitcoin has possible win-win outcomes. Early adopters profit from cool jackets. Late adopters, and indeed, society as a whole, benefit from coolness of the jackets. The fact that early adopters benefit more doesn't alone make anything a Ponzi scheme. All good investments in successful companies have this quality. Title: Re: Fonzi scheme? Post by: Grox on April 17, 2013, 07:09:58 PM Hey guys, what is sarcasm?
Title: Re: Fonzi scheme? Post by: greyhawk on April 17, 2013, 07:16:39 PM Hey guys, what is sarcasm? Sarcasm is "a sharp, bitter, or cutting expression or remark; a bitter gibe or taunt", usually conveyed through irony or understatement. Title: Re: Fonzi scheme? Post by: jasinlee on April 17, 2013, 07:17:53 PM |
