Bitcoin Forum

Economy => Scam Accusations => Topic started by: BTConomist on May 07, 2013, 10:34:41 PM



Title: BTC-shaped cheerios... Got milk?
Post by: BTConomist on May 07, 2013, 10:34:41 PM

This is a story about how Ripple Scam got open sourced... Enjoy!


http://s9.postimg.org/symhqkp3z/ripple_scam_open_sourced.png


Source: https://twitter.com/BTConomics/status/331890900999483392





Title: Re: BTC-shaped cheerios... Got milk?
Post by: BTConomist on May 10, 2013, 08:35:28 PM

Here's a nice little overview of why Ripple is a risky proposition.

Exposing the Ripple Scam: OpenCoin Inc's Cash In on Bitcoin's Popularity (http://ripplescam.org/)




Title: Re: BTC-shaped cheerios... Got milk?
Post by: Stampbit on May 10, 2013, 09:29:14 PM
indeed, make a currency, give yourself 80% of it, convince people to buy in, cash out! The alt-coin board is just swimming in these scams.


Title: Re: BTC-shaped cheerios... Got milk?
Post by: MPOE-PR on May 11, 2013, 12:35:57 PM
indeed, make a currency, give yourself 80% of it, convince people to buy in, cash out! The alt-coin board is just swimming in these scams.

From what I hear it keeps a few peeps' rents paid.