Bitcoin Forum

Economy => Investor-based games => Topic started by: iWreckZz on February 28, 2017, 03:40:36 PM



Title: At Least They Admit that they are a ponzi
Post by: iWreckZz on February 28, 2017, 03:40:36 PM
soooo, i was up on some sites and i found this ad for bitbubbler. im pretty sure its fake but the funniest part is that they admit that they are a ponzi lol. The definition of ponzi, according to google is, "a form of fraud in which belief in the success of a nonexistent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors." Please note that it says the word FRAUD. lol

Here be the link to the ad: https://www.youtube.com/watch?v=Fpd3v1dHIBs

sry for my bad grammar


Title: Re: At Least They Admit that they are a ponzi
Post by: ali_seraf on February 28, 2017, 07:15:50 PM
A Ponzi system becomes to a fraudulent system if the initiator of the system runs away with all the money. But if the initiator can compensate the lack of new investors (like bitbubbler says they do), the system can run a long time without any problems. Especially in the first months such a system could be profitable.

Nonetheless one should be sceptic and careful with such systems, but in my view, the page is structured good and they provide a comprehensible story, we will see soon if they do what they prove. I'm in!

BTW: If you think there is a HYIP site which really works with investment schemes, don't be disappointed: But most of them are Ponzis.... but in comparison to your named site they trick you by coming up with a fake story like "bitcoin mining".


Title: Re: At Least They Admit that they are a ponzi
Post by: tmfp on February 28, 2017, 07:51:31 PM
Bullshit.

Quote
For example, we use Trading to build up an insurance fund and earn profits, in addition to that we have a seperate insurance fund of 20.000$.

Bullshit.

Quote
We are a group of academics

Bullshit.

I'm in!

Bullshit.


Title: Re: At Least They Admit that they are a ponzi
Post by: AdolfinWolf on February 28, 2017, 07:59:02 PM
A Ponzi system becomes to a fraudulent system if the initiator of the system runs away with all the money. But if the initiator can compensate the lack of new investors (like bitbubbler says they do), the system can run a long time without any problems. Especially in the first months such a system could be profitable.

Nonetheless one should be sceptic and careful with such systems, but in my view, the page is structured good and they provide a comprehensible story, we will see soon if they do what they prove. I'm in!

BTW: If you think there is a HYIP site which really works with investment schemes, don't be disappointed: But most of them are Ponzis.... but in comparison to your named site they trick you by coming up with a fake story like "bitcoin mining".


And you are the owner of BitBubble? You made an account solely for the purpose of writing this post? LOL. either patethic, or trying to push some agenda.

I'm in!

This really makes me think you are the owner of the site, which also makes me think you are the owner of OP's account, trying to advertise this site.

Op's account is also solely made for this post. This board is so weird.


Title: Re: At Least They Admit that they are a ponzi
Post by: soloasi on March 09, 2017, 08:32:27 PM
it never last long anyway.

"Jackson, is it ponzi scheme?"

"Yes of course! (what else could it be?, c'mon i wont give money for free and from nowhere) But it's a flawless on."  :D :D



Title: Re: At Least They Admit that they are a ponzi
Post by: Slow death on March 10, 2017, 11:04:08 AM
Their site is a little rough, but they are paying.  I do not know how long it will last.

username: JM23

position: Newbie

Activity: 1
Posts: 1

You own the site


it never last long anyway.

"Jackson, is it ponzi scheme?"

"Yes of course! (what else could it be?, c'mon i wont give money for free and from nowhere) But it's a flawless on."  :D :D



http://rs717.pbsrc.com/albums/ww173/prestonjjrtr/Smileys/LaughCry01.gif~c200



Title: Re: At Least They Admit that they are a ponzi
Post by: JM23 on March 11, 2017, 04:19:02 PM
They are fraudulent.