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Bitcoin => Bitcoin Discussion => Topic started by: Polo7 on October 07, 2020, 07:59:17 AM



Title: People Say btc is Not ponzi but its look like ponzi
Post by: Polo7 on October 07, 2020, 07:59:17 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?



Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: 3meek on October 07, 2020, 08:16:24 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


How can bitcoin be ponzi? LOL! ;D
It has a limited supply of coins, and no one promises to make any profit... Here are all the new DeFi projects that can be classified as ponzi, but not as bitcoin!


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Jawhead999 on October 07, 2020, 08:23:13 AM
Ponzi scheme definition

What Is a Ponzi Scheme?
A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for early investors by acquiring new investors. This is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers.

To be honest Bitcoin aren't created for investment, but it's a currencies without central authority can control it (decentralized). But many people call it as investment since they see the ROI is very good for long term investment. And it doesn't promise 100% you will get profit like ponzi scheme, some people also in loss since they bought high and sell low.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Oshosondy on October 07, 2020, 09:02:24 AM
I will like people to go through this quote I posted sometimes ago on this forum, it really proves the differences between ponzi and bitcoin, it makes people to know those saying bitcoin is a ponzi are speaking out of sense and making no valid point.



1. Bitcoin is decentralized, all ponzi scheme are centralized

2. Bitcoin is not selling any fake product or service, it is completely transparent.

3. Bitcoin is over 10 years now but has never failed, the future even seem brighter than now, ponzi can not last up to 10 years.

4. Bitcoin was even portrayed on wikipedia to be for scammers, but this changed, and was portrayed good now.

5. Many goverments against bitcoin before but now they accept bitcoin, there are even over 7000 bitcoin ATMs in the world now, and bitcoin is used for trnasactions like fiats, even used as payment on some online stores worldwide now.

6. The early investors gained, they were the developers but not in a way the late investors will lose, also many early investors sold bitcoin and makes it more realistic unlike ponzi that has nothing to sell. If you get the market right, there is always still profit in bitcoin.

7. Bitcoin is a very good and easy payment method acceptable in many countries now, has any ponzi been like this? No

8.
I think that we need to add another 8 items to this list, which is also important. A distinctive feature of the Ponzi scheme is that it sets a guaranteed profit for a certain period of time. There is no guaranteed profit in bitcoin: here everyone can get a profit if the price of BTC increases, but they can also get a loss if the price of bitcoin decreases.

There are many other reasons to talk about because these are only few, bitcoin is not a ponzi like bitcoin haters are depicting it, it is completely decentralized and transparent, people that want to invest now should not be discouraged, if they learn how the market fluctuates, they will gain but they should also be mindful of the risk. Bitcoin haters should stop misleading people about what bitcoin is because they know nothing about bitcoin. 

I hope this is more than evidences that bitcoin is not a ponzi, I have thought about it very well and I know bitcoin is never a ponzi, bitcoin is transparent to the world but ponzi is hidden and a business that makes use of it are shady.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Polo7 on October 07, 2020, 09:15:28 AM
Ponzi is Old investors getting payed from new investors


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: tyz on October 07, 2020, 09:22:30 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?

Peter Schiff is it you with a new sock puppet account?  :D

Well, if there is proof where is it. If you make such a daring statement, then you should at least add solid evidence, otherwise your statement is quite ridiculous. And it offers also no basis to discuss here at all about the topic.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Charles-Tim on October 07, 2020, 09:30:19 AM
Ponzi is Old investors getting payed from new investors
No, this is a misconception. That means you do not know how bitcoin and its price works. Bitcoin is decentralized to everyone, it is not a shady currency but it is available to people to learn about it, invest it and trade it. People are invesring in bitcoin more than before, people are now very well trading it, people sell and buy and the rate of buying and selling is high, bitcoin is not about paying old investors with new investors money, we all know about bitcoin, and not a must to trade it, but depicting it bad is wrong.

Bitcoin serves the money purpose
For now, bitcoin is serving the money purpose, I can use it to trade just like money is used to trade, I have used it to buy from people, I have used it to make profits, and still I am my own bank, bitcoin is fully decentralized.

If bitcoin is a ponzi then fiat is more than a ponzi
Although, neither bitcoin nor fiat are ponzi, but can be used to pay for scammers. But, fiats always devalue and its worth is becoming lesser all the time, in undeveloped and developing countries, the policians will buy houses abroad like in UK and USA, have assets in such developed countries but devaluing their countries money, is that not a ponzi -like of a thing where politicos gain but devastating their country while the less privileges are suffering from governmental money devaluation. The world is not balance at all.

Bitcoin not a ponzi.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: ShowOff on October 07, 2020, 09:33:32 AM
Ponzi scheme definition

What Is a Ponzi Scheme?
A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for early investors by acquiring new investors. This is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers.

To be honest Bitcoin aren't created for investment, but it's a currencies without central authority can control it (decentralized). But many people call it as investment since they see the ROI is very good for long term investment. And it doesn't promise 100% you will get profit like ponzi scheme, some people also in loss since they bought high and sell low.
A clear definition of a ponzi scheme. I can conclude that bitcoin is not a ponzi for just the following reason.
1. Bitcoin is not a fraudulent project even though it is used in fraudulent activities.
2. Bitcoin doesn't offer low-risk investment, promising high return, but bitcoin is a high-risk asset in terms of volatility and security.
3. Ponzi scheme provide an advantage to early investor by acquiring new investor and bitcoin investment are never referred to as Pyramid investment. But in bitcoin investing, early investor will only make a profit if they are willing to sell it in case of a spike in price. Volatility play an important role in this.
4. Bitcoin investing does not require new investors just to maintain or increase its price because busy market activity will continue to affect its price and it is always changing.

Some suggestions for the OP.
1. You are never forced to trust bitcoin in any way like some other famous people are talked about a lot.
2. You cant make the decision on your own to rate bitcoin as a ponzi scheme without being able to prove it in a sensible way.
3. You can log out any time you want from the platform because you were never previously invited not to trust bitcoin.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: mk4 on October 07, 2020, 10:02:49 AM
There is More proof and evidence that it is ponzi.

I challenge you to actually name the "proof and evidence" that bitcoin is a ponzi scheme. Because most people that call bitcoin a ponzi aren't even people who know the slightest concerning investing and finance, and are just totally ignorant.

I'll wait for your response.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: bitcoin31 on October 07, 2020, 10:09:07 AM
Ponzi is scam and we all know that but bitcoin is legit and not ponzi I don't know what goes to your mind why you should think about bitcoin is a ponzi. You make a research to know the meaning of ponzi because if you do that for sure you will clear of what you are sayjng to the bitcoin . Investing in ponzi the investors lost their money but if the investors invest to the bitcoin they earn profit.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Peanutswar on October 07, 2020, 10:18:25 AM
Bitcoin is not a ponzi scheme why? because this is a cryptocurrency coin only there is no one handle this coin, ponzi scheme is an action that you are inviting other people to make an investment to a particular platform and you are promising them to get double or triple money income. The problem right is here is the people who is in the ponzi scheme are using the name of the bitcoin to make an investment to their platform.

So what is the example of the ponzi scheme with the use of the bitcoin and altcoins? You can visit our Scam Accusations (https://bitcointalk.org/index.php?board=83.0), also you can experience this on social media like youtube, google, and twitter. They are giving a large amount of money and chance to get double your income. If you does not have any knowledge with this scheme for sure you will fall on this scam.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: pinggoki on October 07, 2020, 10:30:28 AM
Bitcoin is a lot different from Ponzi. Ponzi produces profit through invites. Ponzi investors relies on the new requite which is far different from Bitcoin because it can be earned through a lot of ways. You can earn through the crypto market or can be mined. No one is harmed through earning Bitcoin, unlike Ponzi investment.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: barto123 on October 07, 2020, 10:40:37 AM
You have it backwards lol

Fiat currencies (dollars, euro, yen etc) are a ponzi & pyramid scheme. I'll explain:

Pyramid scheme - All the money goes to the 1% through inflation, taxes, QE, bailouts etc. They sit at top and rob everyone basically. The average Joe gets screwed in the arse at the bottom.

Ponzi - In an hyper-inflationary event & mass currency devaluation - the last person holding dollars, euros, yen...loses.

In Bitcoin

Yes some will own much more Bitcoin than others, however there's no wealth-inequality where the majority of money is funneled to a small group of people.

Bitcoin is pure capitalism. Everyone has an equal chance to work hard an prosper on their own. They aren't severely disadvantaged like the current system. The aren't controlled in the system at the mercy of their government. They aren't slaves to the 1%.

Bitcoin is freedom money & it's extremely valuable.

I'm surprised it's not a $100k yet to be honest, it's definitely under-valued.



Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: crwth on October 07, 2020, 10:45:19 AM
So you are talking about the liquidity and the volume of the trading in an exchange? just because people invest in exchanges and buying bitcoin it doesn’t mean automatically that they are going to receive that new investor money. It is nowhere near that and I think you have the wrong idea of Ponzi itself.

If you consider that as a Ponzi, then the stock markets as well is a Ponzi? As far as I know it’s the people who make it into a Ponzi and using it as the currency of exchange.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: ultrloa on October 07, 2020, 11:28:10 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?



You can search for more answers on Google and I will give you some articles that you can read on why Bitcoin is not Ponzi here read it: https://betterfinancialplanning.co.uk/why-bitcoin-isnt-a-ponzi-scheme/ and if you look the model of hyip site and bitcoin you can really see the difference, also bitcoins price stretch base on the demand, I know you know the law of supply and demand, so that's the reason why bitcoins price surges and dumps.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: palle11 on October 07, 2020, 11:33:33 AM
Bitcoin is a lot different from Ponzi. Ponzi produces profit through invites. Ponzi investors relies on the new requite which is far different from Bitcoin because it can be earned through a lot of ways. You can earn through the crypto market or can be mined. No one is harmed through earning Bitcoin, unlike Ponzi investment.

Simple to know that they are not the same. Ponzi is networking. With networking you need down liners to earn your money as little as you get. Bitcoin can't be the same. You must buy bitcoin and other means but not with networking. Nobody gives you bitcoin just by queuing behind someone's name or registration.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Wexnident on October 07, 2020, 12:50:10 PM
Use your internet resource, a ponzi scheme is a fraud, literally non-existent, Bitcoin on the other hand, has it's own existence. It may be a digital existence, but existence nonetheless, and proof for that would be the moment it was mined by the miners. It has a source, just that it's a digital one. A Ponzi on the other hand? Even if we do say that it's also a digital one, where is the proof of its existence? It only exists as words that were written by the scammers themselves, basically non-existent.

Ponzi is Old investors getting payed from new investors
Then doesn't that also mean that stocks are Ponzi schemes? Ponzi schemes aren't simply old investors getting paid by new investors, It is the same idea BUT Ponzi schemes run on the idea that the funds come from a product, from the market, not from the pocket of other investors.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: 20kevin20 on October 07, 2020, 01:01:32 PM
If Bitcoin is a Ponzi scheme, then Gold is one as well. But, it is not.

A lot of people mistake inflation for Ponzi schemes, and that makes no sense. It does not fit the definition of any kind of fraud, scam or illicit project. BTC is the free, open-source economy that does not have the restrictions and flaws our current monetary system has, as it tries to fix them. That's just it.

There's no point in providing any proof, because all you have to do is learn how it works really.. and the worst part is, you have invested in something you seem not to have any idea about. Study BTC and find out when the "best time to exit" is. :)


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: int03h on October 07, 2020, 01:25:30 PM
Bitcoin is transparent and it is decentralized through blockchain.
Miner and bitcoin mining transactions are confirmed. Blocks are only created once in the mining system.
People buy and sell Bitcoin continuously, every transaction is recorded on the blockchain. Currently, the number of wallet addresses that own bitcoins is in the millions. How Bitcoin is fraudulent when all information is transparent. Bitcoin has a limited supply and has difficulty mining.
I think the new monetary system is a scam because the money is printed out from paper and used to pay off debt. Cash flow to pay debts is always compensated by printing money and collecting taxes from people. Beneficiaries are banks and governments. If they really use the borrowed money for proper use and economic development it is an investment strategy but they spoil them, it is really Ponzi.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: kryptqnick on October 07, 2020, 01:37:24 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


Many fair arguments were already pointed out by others here. I just want to say that I get it how Bitcoin might look like a ponzi scheme to people who don't know it well. Namely, some people are so pumped on Bitcoin that they aggressively promote it to their close ones and people they just met, telling them that it's the money of the future and that by investing people will get rich. And if way more people invest in Bitcoin, the price will go up, so the promoters are interested in this (but they're, of course, not getting any money directly from bringing some of their friends to the community). Moreover, if many people suddenly cash out, the price will go down. But all these things are true of various products, and they are not the essential characteristics of a pyramid. Bitcoin is decentralized and unregulated, whereas a pyramid requires strict hierarchy.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Lucax.finance on October 07, 2020, 01:47:59 PM
It cannot be ponzi, because it has a MAX SUPLLY to begin with, secondly, nobody is telling you to invest in BTC and invite more friends to generate profits and lastly, you don't need a third-party platform to save your money and nobody tells you what to do with it


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: shamimal93 on October 08, 2020, 03:23:15 AM
How anyone who Says Can prove Bitcoin is not Ponzi?

There are More proof and evidence that it is Ponzi.

I Don't mind If its Ponzi but I Don't want to exit too late but not too early so When is the best time to exit?


You can't merge Bitcoin with the Ponzi scheme.  If you combine these two, it will be your ultimate mistake.  You made such a comment because you don't have enough knowledge about Bitcoin.  You probably know that no one controls Bitcoin.  And those who do register schemes will offer you tempting offers to get admitted in a certain place but in the case of bitcoin, it is never possible.  Those who Ponzi scheme the register in the name of Bitcoin are bad people.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: michellee on October 08, 2020, 03:44:29 AM
Let those people decide bitcoin is Ponzi, but if bitcoin can become globally, they will realize the benefits of bitcoin to them, and maybe if they want to join in bitcoin, that will be too late for them. While they say like that, we don't need to listen to them. We can use our time to make more and more bitcoin. We need to care about us, and always try to make more money to see what we will get from bitcoin. Someday, their eyes and mind will open to see what we have from bitcoin.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: cryptofiend01 on October 08, 2020, 03:58:34 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


How can bitcoin be ponzi? LOL! ;D
It has a limited supply of coins, and no one promises to make any profit... Here are all the new DeFi projects that can be classified as ponzi, but not as bitcoin!

@3meek I would agree with you if Bitcoin was centralised. This being said, bitcoin being decentralised - according to on chain analytics, only 10 percent of BTC is owned by 40 addresses.

BTC has grown to a point where the price is largely determined by public - hard to be a ponzi scheme when thats the case.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: kotajikikox on October 08, 2020, 04:58:21 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


If you are referring into the word "People" you must have some proof of their words or even explanation how those people says it because it sounds like it is only your word who wants to start a conversation.

there are only few threads that i read about Bitcoin calling as Ponzi and those account are obvious spreading FUD and nothing to be serious about.

It cannot be ponzi, because it has a MAX SUPLLY to begin with, secondly, nobody is telling you to invest in BTC and invite more friends to generate profits and lastly, you don't need a third-party platform to save your money and nobody tells you what to do with it

Those are the fact that people don't understand instead they are throwing word without any clue,Bitcoin is a currency and you can use this anytime you wanted(as long as availability in your place) and this is what we must be thankful as saving us time and effort to generate payments.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: avikz on October 08, 2020, 06:06:54 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


Lol! Don't sound like uneducated Indian politicians. Let me show you the differences,

1. Ponzi scheme are run by a person/organization whereas bitcoin is controlled by none.
2. Ponzi schemes offer return on investment where bitcoin is a currency system

I don't think anymore clarification is required to prove that bitcoin is not a ponzi. But in my country, some politicians have tried to argue on the same topic. But they are uneducated, we can't take them seriously!


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Ridwan Fauzi on October 08, 2020, 06:28:26 AM
So, where is the evidence that bitcoin is ponzi? Please tell us, so we can prove that bitcoin is not ponzi. Because to me, there is no one who can be able to manage bitcoin, especially in its system. As for for the price movement, you will think that people who has a bunch of bitcoin can be able to manage the price movement, but I think this will happen in other asset or investment place. Someone who has a lot of capital and he comes to the investment place then he will be able to change the price movement. There is no one who will ask you to stay and leave bitcoin, just ask yourself what will do if you know bitcoin or if you have bitcoin.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Alucard1 on October 08, 2020, 07:00:23 AM
I have some few questions for you  OP,
1. How do you define Ponzi?
2. What makes you believe that bitcoin is a Ponzi?

Well, in fact, the ponzi scheme is about fake investment, and bitcoin was not made only for investment, we should gather more information first before we conclude some important things.

Have a time on visiting these threads and let's see if you still considered bitcoin as ponzi :).
Why bitcoin never a ponzi (https://bitcointalk.org/index.php?topic=5263799.0)
Ponzi Schemes for dummies (https://bitcointalk.org/index.php?topic=5264339.0)
Ponzi Scheme 101 (https://bitcointalk.org/index.php?topic=5035428.0)


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: mich on October 08, 2020, 07:07:00 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?



There isnt so much proof that Bitcoin is a ponzi but maybe you are thinking of this because if you buy it high and it drops in price-  some people might think this is characteristic of ponzi scheme.
I dont think BITCOIN is a ponzo and you asked but I do think its a very risky investment and not meant for everyone.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: krishnaverma on October 08, 2020, 07:27:53 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?



Accusation without proof ?

May be you suffered some loss with crypto and thus you are blaming it now as ponzi. Bitcoin shares no characteristics of a ponzi scheme. There is no benefit of adding more members or referring members to bitcoin. This is something which is necessary in ponzi scheme.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Janation on October 08, 2020, 07:37:36 AM
This is the reason why there is a lot of stupid people thinking that it is a Ponzi because there are those saying that it is.

I don't know how can you say that it is a scam even if it isn't one. Someone pushes you to invest in it so you will be under them and while you earn, they will earn too? You could earn profits here but it will not always be the same for everyone. We are investing here, if you say this is a scam then I think you are also saying that the stock market is a scam too.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: The Cryptovator on October 08, 2020, 07:43:12 AM
@OP, you should explain briefly why do you think bitcoin is a Ponzi scheme since you are the one here who raised the question. We can describe many reasons why it's not a Ponzi, but you should provide a single reason why its Ponzi. In a Ponzi scheme, there is a promising return on investments and some centralized organization rotating money from new investors to earlier investors. Bitcoin is a currency with limited supply, which means you can't own it if there is no seller on the other hand except mining. No one controlling bitcoin and you are the owners that amount you are holding. Doesn't matter if price bump or dump, 1BTC will be 1BTC always.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Oasisman on October 08, 2020, 08:00:19 AM
How anyone who Say Can proof Bitcoin is not ponzi?
There is More proof and evidence that it is ponzi.
I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?

Do you know how ponzi works?
Do you know how Bitcoin works?
AFAIK, ponzi scheme is run by a group of fraudsters.
Bitcoin has no central authority, no person behind controlling the price nor holding your funds.
That alone is a solid evidence that you're looking for.

Let me ask you something. Is your health care provider/insurance a ponzi scheme?


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: SquallLeonhart on October 08, 2020, 08:56:32 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?
I think you’re the one who has misunderstood everything about Bitcoin. First of all did you even do research to learn about Bitcoin, how it started, the purpose it was meant for and how it has gotten to this level? I guess you didn’t , because if you did you wouldn’t be here saying that Bitcoin is a Ponzi scheme.

Bitcoin was created for one purpose and that’s for transaction. Satoshi called it a peer-to-peer payment method, the main purpose is to make transactions between individuals straight and so that there wouldn’t be any intermediaries, and by doing that it is eliminating the high fees you have to pay and makes the transactions quick. He didn’t say that it is for profit, you all the ones that have misunderstood everything. No one is promising you any profit, in fact let me make it straight for you, you’re going to lose money, and if you’re not ready for that, just step out.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: claire_lovely on October 08, 2020, 09:58:33 AM
If Bitcoin is a Ponzi scheme, then Gold is one as well.
Dollar and Euro are also...

Looking back at things everything is ponzi...

go find the real difference between ponzi and money
The dollar and USD as well as most fiat are actually a ponzi scheme that have debts financed by endlessly printing more money, but BTC and Gold are different in that their is a fixed supply and their price is determined by real supply and demand.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: witcher_sense on October 08, 2020, 10:02:12 AM
First of all, given that in the past you were accused of promoting ponzi schemes on this forum... if bitcoin really were a ponzi scheme, you would be busy promoting, instead of insulting bitcoin. Your statements give me additional confidence that Bitcoin is NOT a Ponzi scheme.
https://i.imgur.com/2mvioAr.jpg

Secondly, bitcoin is not an investment, it is not offered and organized by any individual company. Its main utility is as money, not enrichment of early investors at the expense of late investors. Bitcoin's early adopters weren't promised any high returns, they weren't guaranteed even a tiny return. What they saw in bitcoin was its high potential to replace the current monetary system, to become money of a new world without central banks and central planning. How could they see it? The reason why they believed in bitcoin is because unlike ponzi schemes, bitcoin is completely transparent, its code can be inspected by everyone to ensure that it actually works. Everything in bitcoin is verifiable meaning that it doesn't require trust. Bitcoin is not fraudulent scheme, it is disruptive innovation.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: ololajulo on October 08, 2020, 10:13:38 AM
Have only seen what is legal and not, have not seen anything that describe bitcoin to be ponzi. It was a mistake by some people to use bitcoin in ponzi but if some people lost bitcoin in ponzi does it make bitcoin ponzi or make bitcoin fraud. Before Government introduce money we used some earth materials as medium of transaction, some uses cowries in some part of africa before the Gold and silver. Money or currency has features which can be compared with bitcoin, the interesting with bitcoin is the scarcity and decentralization is world population of over 7 billion. For a 21 million bitcoin,having 4 year halving cycle, digital etc we are bound to see this volatility


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: joniboini on October 08, 2020, 10:21:18 AM
Honestly confused what is the reason(s) OP spend his time in this forum. After asking for help on how to earn money online, he start posting about launching his own project. Then the next one he says BTC is a ponzi.

OP, make up your mind.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: bitbollo on October 08, 2020, 10:23:29 AM
Any asset, or stock, could seems a product similar to a Ponzi. The profit of the early investor it's provided by the last investor.
why you think bitcoin it's a Ponzi scheme? Did you see any guaranteed profit? Are you forced to recruit other people to join? There is an organization that try to sell this coin?
Like a classic FIAT gateway, this is a way for the payment. Like you pay 1 dollar for a coffee you can pay 0,0001 btc.
No one can dictate a value, there is a free market, without emitting authority. if it was a Ponzi, the value was growing automatically, people were forced to recruit others (and force them to invest again...)


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: taufik123 on October 08, 2020, 10:31:59 AM
-snip- It was a mistake by some people to use bitcoin in ponzi but if some people lost bitcoin in ponzi -snip-
I don't know what kind of appearance the Bitcoin OP thinks is a Ponzi scheme that will harm many people. Bitcoin is indeed a ponzi scheme because there are some people who use Bitcoin as a tool to create a ponzi scheme project for their own benefit and in this case the ponzi scheme is not bitcoin, but a platform made by some of these people.

Many scammers use bitcoin to create ponzi projects in the form of ICOs, IEOs and various other methods, this is also referred to as "smart ponzi"

There are always pros and cons about bitcoin law, about bitcoin schemes and some other accusations.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: cheezcarls on October 08, 2020, 10:50:08 AM
Nope! I highly agree disagree about Bitcoin being a ponzi. You're not doing enough homework mate! It's a deflationary digital currency with no central authority involved and has transparency due to the blockchain technology that cannot be tampered.

Most of the newbies would say Bitcoin is a ponzi because they were invited by network marketing companies or "too good to be true" opportunities that are using BTC as front to scam people. It simply relies on the traditional crypto market situation, good or bad news, etc.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: shield132 on October 08, 2020, 11:12:44 AM
What makes this currency to look like a ponzi? Usually, complainant has to prove things against crime suspected, so, do you have any proofs against bitcoin? It's very funny to see how you tell us that your ponzi scheme that offers 10% weekly and 50% from affiliate commission is real one but the bitcoin is false, scam project. Do you even know what cryptocurrencies are? What's bitcoin, how it's earned, how are transactions made, what's blockchain, etc? You have no idea what's the system behind bitcoin and how it works and claim that it's ponzi. It doesn't even worth to argue with you because first of all you have to read a lot of things about it and not only consider rumors that some people may say, those who only heard word bitcoin and some things about it's price, how it has risen in certain times and how it went down. Such people usually think that bitcoin's price is manipulated and soros set's it's price range.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: EdenHazard on October 08, 2020, 11:26:32 AM
Looks like a ponzi?

Well i think there's something wrong with your eyes , something wrong with your point of view. You can't judge it based on your feelings tho , the fact that the technology behind bitcoin and the concept of bitcoin itself is often confusing a rookie , even a tech savvy could still confused.
But comparing bitcoin to a ponzi scheme... that's a bit thick.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Serious475 on October 08, 2020, 12:25:04 PM
Wow really? How do you say so? You don't even give any strong evidence about what you are talking about, if you don't love bitcoin then don't make any story because none will believe you here. There are a lot of things that bitcoin can give to everyone. I am so happy and proud because I learned things about cryptocurrency and it makes me earn money to sustain my need and wants with this pandemic.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: AniviaBtc on October 08, 2020, 12:50:53 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?

How can bitcoin be ponzi? LOL! ;D
It has a limited supply of coins, and no one promises to make any profit... Here are all the new DeFi projects that can be classified as ponzi, but not as bitcoin!

People still think that bitcoin is a ponzi, like a scam because they think that bitcoin is not a real currency that is circulating in the market. What they didn't know is that, bitcoin is new currency which is in a digital form and it is really becoming more popular nowadays due to development in our technology. Although it is a Defi currency, people should spend their time learning it and understand it so that they can also see the potential of bitcoin to become a good asset in an investment. It is not a ponzi, it is not a fake currency, bitcoin really have a value although it is volatile.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: JuSayCo on October 08, 2020, 12:55:09 PM
Those who said that Bitcoin is a ponzi scheme are those who doesn't know the real deep meaning of bitcoin. They are those who have lack knowledge about the real essence of bitcoin and its great features, that is why it is just so easy for them to say that. And maybe, because bitcoin are often used by scammers to do evil deeds, this really brought negativity to some people who knew less. But, if they only try to do some deep research in any blockchain platform, they will surely realize that bitcoin is decentralized and not ponzi.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Slow death on October 08, 2020, 01:04:24 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

the question here is:

What do you really think? do you think bitcoin is ponzi or not? if you think bitcoin is ponzi then don't buy bitcoin and get away from bitcoin right away

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?

again: if you think bitcoin is ponzi then don't buy bitcoin and get away from bitcoin right away. you can't invest in bitcoin if you think it's a pozi scheme, and you know why? because every ponzi scheme will one day collapse if there are no more new investors. you can buy bitcoin for the price of $10,600 but when the bitcoin price drops to $10,000 you will panic and you will sell at a loss because in your head bitcoin will collapse because it is a ponzi scheme. my suggestion: get out of this market if you think bitcoin is a ponzi scheme


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Debonaire217 on October 08, 2020, 01:08:50 PM
I can't believe that right now, there still people who spread fuds about bitcoin being ponzi or scam. With everything happened to bitcoin in the past 10 years, I can say, bitcoin is the best cryptocurrency. It's dependent to the users and not having entities that will dictates how bitcoin should be in the future other than Whales, who could control the price in a short term. Right now, there are millions of hodlers of bitcoin and even whales dumps it, instead of a domino effect, people will buy.

Correction OP, ponzi scams are usually occurring in projects that require people to invite others. In bitcoin, you don't need to invite in order to earn profit. You wait, and bitcoin will give you what you deserve.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Natalim on October 08, 2020, 01:11:26 PM
It could look like a ponzi to you but it's not a ponzi.

Look, bitcoin does not promise anything, it's only our own initiative to invest on it as it's real purpose really is just a payment system, a decentralized one, we see it's potential and the adoption increases that is why the price has rise as well.

yes, there might be some manipulation happening and in fact bitcoin was on its dip many times, but did it collapse and died? No, it recovers and looks like going to make a new ATH again soon.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: arwin100 on October 08, 2020, 01:13:22 PM
I can't believe that right now, there still people who spread fuds about bitcoin being ponzi or scam. With everything happened to bitcoin in the past 10 years, I can say, bitcoin is the best cryptocurrency. It's dependent to the users and not having entities that will dictates how bitcoin should be in the future other than Whales, who could control the price in a short term. Right now, there are millions of hodlers of bitcoin and even whales dumps it, instead of a domino effect, people will buy.

It's normal since there are so many people been victimized by Ponzi schemes and those people who get affected by the said scheme makes an impression that bitcoin is Ponzi scam to. Also the mainstream media always publish some bad headlines regarding on bitcoins so no wonder those unknowledgeable person will tell that bitcoin is really a Ponzi.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: so98nn on October 08, 2020, 01:16:49 PM
If it would have Ponzi then we would have known that by now. Most of the ponzi and HYIP schemes come to attention very quickly and get exposed for its furious nature. Bitcoin is real thing with real purpose. Just look at the trading sites, big swipe events, transaction made in house and through ATM all over the globe. If I had compare then real money does the same but we don’t call it ponzi, isn’t it?
May be those who think about it that way are either not getting how to use and earn it or may be they just hate it.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Reatim on October 08, 2020, 01:23:51 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


One thing that I am sure off and this is you Being a "Ponzi Promoter" and that is obviously
written in the tags Given to you here

https://bitcointalk.org/index.php?action=trust;u=2640926

So asking Bitcoin is a Pnzi or not must not came from a Pnzi promoter like you.




Bitcoin is Not ponzi and besides this is the future of worldwide currency.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Ayiranorea on October 08, 2020, 01:43:41 PM
More Ponzi schemes use the name of bitcoin to promote the scams/schemes. People without going through its terms and conditions just invest and later understand they got scammed. The person could've made the investment looking upon the term bitcoin, so it is the users mistake and not bitcoin's. So people need to change before investing,so that one can easily understand the truth about bitcoin.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: batang_bitcoin on October 08, 2020, 01:47:14 PM
How anyone who Say Can proof Bitcoin is not ponzi?
In simple terms, in ponzi, there's no downtrend. The ecosystem for ponzi investments or projects, they are imbalance.

There is More proof and evidence that it is ponzi.
You say that? bitcoin isn't a ponzi, if it does, many have already done their exits.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?
You're confusing yourself. Bitcoin is not a ponzi.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: suzanne5223 on October 08, 2020, 01:56:17 PM
How anyone who Say Can proof Bitcoin is not ponzi?
A legendary bitcoin adopter once said "bitcoin can only be understand by the genius" so even an evidence that bitcoin is not ponzi is provided, you still wont have the capacity to understand the genuine concept of bitcoin.

There is More proof and evidence that it is ponzi.
If there any proof provided that bitcoin is Ponzi as you said, then it peoples like you which once accused of offering shady investment activities (https://bitcointalk.org/index.php?topic=5224444.0) that make people believe bitcoin is Ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?
An advise exit now so that an opportunist like you that give newbies false hope will be reduced by 1.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: goldade on October 08, 2020, 02:15:51 PM
Those who claim bitcoin is a ponzi scheme obviously do not know what bitcoin really is. If they do, then they'd know that bitcoin wasn't primarily made to be a form of investment but as a currency that is not in the control of the government or some third party institutions like the bank. Bitcoin was primarily made to be like the US dollars only that it is not under the control of the government unlike the US dollar.
The use of bitcoin as an investment is only a secondary use because people have now seen that ROI is high when it is done in a long term.
Also, bitcoin is not a ponzi scheme because it doesn't guarantee profits. No one or exchanges will promise you a 100% guarantee that you'll always make profits unlike ponzis which give you guarantee on your money only for you to be duped.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: iRaMMuS34 on October 08, 2020, 02:18:44 PM
Even just on the surface level, I can't imagine a ponzi scheme that's been working over 10 years, had dozens of ups and downs and was consciously utilized by huge companies and institutions


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Polo7 on October 08, 2020, 02:19:54 PM
Well Grayscale is biggest btc hodler.

It means either they dump the btc on them from the whales or they buy btc to make profit.
It also means the whales must receive the USA dollars legimate ways... It means they need to be btc sellers to grayscale

It means"  Btc either 10x up or 10x down*


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: cabron on October 08, 2020, 02:42:41 PM


If BTC is a ponzi, you would probably see seeing fiat as the ponziest of all.

Some of the users who claimed BTC to be scam was the ones saying that it has no utility and has no value. But its the same thing about fiat being that is not backed by gold and its just the government declared it to have value. For BTC at least is backed by math and protocol that wont print as much as it can. BTC is the same as fiat that is accepted by many businesses.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Polo7 on October 08, 2020, 02:47:41 PM


If BTC is a ponzi, you would probably see seeing fiat as the ponziest of all.

Some of the users who claimed BTC to be scam was the ones saying that it has no utility and has no value. But its the same thing about fiat being that is not backed by gold and its just the government declared it to have value. For BTC at least is backed by math and protocol that wont print as much as it can. BTC is the same as fiat that is accepted by many businesses.



Everything related with Financial world is ponzi.
The matter of fact is just a smooth crossing by Liquitity over the Liquitity bridge or bridges rather smooth or rough.
Fiat currencies are ponzi we all know that real estate are ponzi too.

Let's not Question about that the Question is how Long ponzi will last and what actions to be taken to save one ponzi to sacrafice other ponzi!???

Now If the btc is not ponzi what Kind of other ponzi they will sacrafice to rescue Bitcoin?


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: BlackFor3st on October 08, 2020, 06:43:17 PM
I don't know why you have considered bitcoin as ponzi, maybe you have encountered a bad experience or someone told you that it is good to invest in bitcoin
as you can profit a huge amount of money and it sounds like ponzi to you.

Bitcoin price is base on demand and supply, don't ever think that there is an easy money in crypto especially if you have no deep knowledge yet on how the market
works as you will just loss your money easily. Try to learn more on how crypto works and how you can profit to it then you can surely change your mind that bitcoin
is not a ponzi scheme.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: bL4nkcode on October 08, 2020, 07:04:44 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.
Give us at least one you have in mind.


Ponzi is Old investors getting from new investors payed
Bitcoin doesn't pay or paid anyone, it doesn't even promise profit that your sh*t will grow on just 24 hours, days, weeks, months or years, bitcoin doesn't have any referral.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Lanatsa on October 08, 2020, 07:11:58 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?



No one can give out some proofs because Bitcoin isn't a ponzi and to those people who do said that it is a ponzi are to those people who had lost their money invested on ponzi scheme.

Also, no one forces you to get involved with Bitcoin and you can freely go avoid it and choose another one if youd like but having second thoughts and basing of into the support that Bitcoin
had then its impossible that you would think off that this is a ponzi.No ponzi that would survive or a decade and that's the thing you should put up into your mind.

Don't believe into those people and If you do accumulate bitcoin then just continue do it and let people who do say that it is ponzi that you are making good money with it.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Sinjokubhi on October 08, 2020, 07:28:02 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?




you should also have to provide an explanation how can bitcoin ponzy?

Because there are a number of supply coins that cannot be rolled back like a ponzy system.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: ChiBitCTy on October 09, 2020, 01:16:54 AM
Says the biggest troll probably on the forum right now who NEVER has a clue about what they hell they're talking about.  It takes a "big man" to just spout some bullshit and not have any sort of proof or points to back up your claim.  The truth is about 95% of cryptocurrencies are scams, but bitcoin is not one.  You are a fool and a wast of everyone here's time.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: bayu7adi on October 09, 2020, 02:30:35 AM
Bitcoin doesn't pay or paid anyone, it doesn't even promise profit that your sh*t will grow on just 24 hours, days, weeks, months or years, bitcoin doesn't have any referral.

a logic that should have been accepted by the OP, where Bitcoin never promised any profit from the start. As a comparison, maybe the OP can do a detailed comparison between Bitcoin with several variables such as Bitconnect, BCH Connect, ETHConnect, XRPConnect which is a ponzi coin in cryptocurrency. I recommend doing research on the business model used by the coins I mentioned above, so the OP will find the difference between ponzi and non-ponzi.


Additional for those who are looking for any coins that use the ponzi system in their business model

https://steemit.com/cryptocurrency/@cr1pt0n3ws/info-the-actual-list-of-crypto-ponzi-schemes


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Reatim on October 09, 2020, 03:18:13 AM
Even just on the surface level, I can't imagine a ponzi scheme that's been working over 10 years, had dozens of ups and downs and was consciously utilized by huge companies and institutions
and still having a Hundreds of billion dollars asset inside,how can this be a possible Ponzi staying more than 10 years and yet still in progress.

i don't understand why people still thinks of this kind of foolishness ?
Says the biggest troll probably on the forum right now who NEVER has a clue about what they hell they're talking about.
I love the word 'Biggest Troll" lol,anyway OP has nothing to affect in this community because all His claims is just a BS.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Kong Hey Pakboy on October 09, 2020, 04:29:43 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


I truly believe that bitcoin is not a Ponzi or a pyramiding scheme because no organization nor company controls bitcoin that pushes you to invest your money to it, and promises you to make high returns and no risk. Scam victims are the only ones who says bitcoin is a Ponzi scheme because they were push to invest their money in bitcoin to a stranger without genuinely understanding what bitcoin truly is.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: muratsink on October 09, 2020, 04:33:25 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


I truly believe that bitcoin is not a Ponzi or a pyramiding scheme because no organization nor company controls bitcoin that pushes you to invest your money to it, and promises you to make high returns and no risk. Scam victims are the only ones who says bitcoin is a Ponzi scheme because they were push to invest their money in bitcoin to a stranger without genuinely understanding what bitcoin truly is.
Bitcoin is not ponzi and earning depend how bitcoin price is going on, dump or pump. But ponzi have working with percentage each day depend which plan do you want to buy, I think is big mistake when you make statement with bitcoin is the same like ponzi but now bitcoin could give us much profit bigger than ponzi website, bitcoin price will give us chance how to get earning and will give us much profit with bitcoin during price still going up.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: rollingdice on October 09, 2020, 09:14:28 AM
What is pozi scheme? It's an investing scam promising large profit with no risks. It generates returns for early investors by acquiring new investors. Bitcoin doesn't promise regular returns. It doesn't make you to add new investors into "the scheme" to increase your return rate. Just read the white paper to understand it.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Easteregg69 on October 09, 2020, 09:16:02 AM
Any Ponzi lovers on?

Haters hate the fact that Ponzi pays better than their boss.

Find a good Ponzi and check it out. It might pay very well. Could be a smart contract on first day or something.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: gabbie2010 on October 09, 2020, 01:12:59 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


I truly believe that bitcoin is not a Ponzi or a pyramiding scheme because no organization nor company controls bitcoin that pushes you to invest your money to it, and promises you to make high returns and no risk. Scam victims are the only ones who says bitcoin is a Ponzi scheme because they were push to invest their money in bitcoin to a stranger without genuinely understanding what bitcoin truly is.
The OP was not well informed about Bitcoin by now having read all the post here he should be convinced enough to know why bitcoin is not a ponzi scheme.
A ponzi scheme can never last long, it is a form of networking once there are no new investors the system automatically go bankrupt and collapse eg MMM
Bitcoin is decentralized and the price is controlled by demand and supply  bitcoin will continue to exist irrespective of whether there are new investors or not.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Chrystora123 on October 09, 2020, 01:32:54 PM
Ponzi schemes only benefit early investors and make new investors their beneficiaries, my question is whether Bitcoin like that??  Bitcoin is a cryptocurrency product that is no different from other products in the real world that have value and must be traded to get a profit.  Bitcoin is a decentralized coin in which the initial Bitcoin investors will not get the profit (ROI) from new investors like Ponzi schemes usually promise to their investors.  Don't even think Bitcoin is a Ponzi scheme, thank you..

I see, you are saying bitcoin ponzi scheme because your project has been tagged as ponzi? There are differences between your ponzi project and bitcoin. You are none but a FUDDER here.
Anyway, this has been discussed a few hundred times I think and you should join with the previous discussion rather than creating another one.
there is an element of heartache in the creation of this topic.. :D


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: cabron on October 09, 2020, 04:26:38 PM


If BTC is a ponzi, you would probably see seeing fiat as the ponziest of all.

Some of the users who claimed BTC to be scam was the ones saying that it has no utility and has no value. But its the same thing about fiat being that is not backed by gold and its just the government declared it to have value. For BTC at least is backed by math and protocol that wont print as much as it can. BTC is the same as fiat that is accepted by many businesses.



Everything related with Financial world is ponzi.
The matter of fact is just a smooth crossing by Liquitity over the Liquitity bridge or bridges rather smooth or rough.
Fiat currencies are ponzi we all know that real estate are ponzi too.

Let's not Question about that the Question is how Long ponzi will last and what actions to be taken to save one ponzi to sacrafice other ponzi!???

Now If the btc is not ponzi what Kind of other ponzi they will sacrafice to rescue Bitcoin?



BTC is a product. How can that be a ponzi when it can be used to buy something out there?

Its not pyramiding nor have a system for referal. Its not an investment that you have promoted that an investor will get 10% weekly which absolutely the most impossible of all to sustrain growth. Grayscale and all other financial institution who invests on BTC must have been the most stupid if they pick a ponzi to invest.







Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: AakZaki on October 09, 2020, 06:21:00 PM
Bitcoin as a ponzi scheme is just an unfounded accusation, in fact bitcoin does not have a ponzi scheme at all. the accusations of economists and politicians on bitcoin as a ponzi are accusations without any clear argument. Bitcoin trading that is carried out already has available data that is presented in graphical form, allowing people to predict future price trends just like stock trading. This is not ponzi at all, ponzi is a fraud mode that relies on money from new members which is then distributed to old members. Bitcoin and ponzi are very different.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: TedMosby on October 09, 2020, 07:27:28 PM
bitcoin has no reward or guaranteed returns for buying bitcoin.
but bitcoin has a reward for people who join and contribute to its blockchain.
it is 2 different things.

bitcoin was created to be a digital currency.
it's not ponzi scheme, but it can be a medium for a ponzi scheme business to live.

bitcoin has no hierarchy, everyone is equal.
bitcoin should be not open-source if it is a ponzi scheme.

source: https://cryptonews.com/guides/is-bitcoin-a-pyramid-scheme.htm


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: OgNasty on October 09, 2020, 09:34:17 PM
Bitcoin is no more of a Ponzi scheme than the US Dollar.  I'd argue that at least it's guided by math instead of an individual's opinion and has a hard cap on created units.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: kawetsriyanto on October 09, 2020, 09:51:27 PM
Look!!! Bitcoin is still there and even adopted by more people around the world until today. Also, it has many ATMs and it is starting to spread out all over the world. Moreover, in some countries, even Bitcoin is used to be a payment tool. With all these facts, how can you state that Bitcoin is a Ponzi? Are you blind and ignore every positive side of Bitcoin? Please wake up, boy!


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: MCobian on October 09, 2020, 09:52:16 PM
The accusation is quite serious if you say Bitcoin is a ponzi scheme, without any evidence you shouldn't say that.
Because since the beginning Bitcoin was created not for investment and Bitcoin has never made any promises to investors.
Ponzi schemes are a fraudulent way of providing benefits to early investors, with paid rewards received from new investors.
Whereas Bitcoin is not like that, Bitcoin is very transparent. We recommend that those who accuse Bitcoin of being a ponzi scheme,
must learn Bitcoin properly, so there is no misunderstanding of Bitcoin.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: seoincorporation on October 09, 2020, 10:03:57 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?

We should understand the Ponzi scheme to understand if bitcoin is a Ponzi.... Ponzi or pyramid business are that kind of business where you input your money and get an awesome revenue, but the way to earn more money is by getting more referrals. So, a good example of a Ponzi scheme is a business who will pay you 10% from the investment of your referrals, that kind of business works for the short term, but not for the long terms, it will always fail in the long run when the scheme doesn't get new affiliates.

And that's why we can't see bitcoin as a ponzi scheme, because you don't get an income from your referrals, maybe you get more money if you hold, but that money cames from the market bump and not from the users pockets.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: lienfaye on October 09, 2020, 10:13:16 PM
How anyone who Say Can proof Bitcoin is not ponzi?
What ponzi means to you? I think you need to search first the definition of that word so you can understand further if there's a basis to tag bitcoin as ponzi.

There's no recruitment happening here, its in your own will. You can invest freely in bitcoin or other alts whatever you prefer then hold or trade it. Bitcoin is a curreny and high volatile, thats how investors earn they take advantage the unstable price.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: pixie85 on October 09, 2020, 10:14:14 PM
Ponzi is Old investors getting payed from new investors

No. How did you come to this conclusion?

I know people who were early investors and sold in a big bear market for less. Explain to me how does the ponzi system work in this case?

In a ponzi scheme there has to be someone who runs it. There can be no self-running ponzi schemes because it goes against the idea.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Bitcoin_bullish on October 10, 2020, 01:15:01 AM
A lot of people mistake inflation for Ponzi schemes, and that makes no sense

I don't see how someone can mistake inflation with Ponzi schemes. Perhaps if someone has never heard both terms and have them confused in his mind.
Maybe you meant inflation of the price of Bitcoin compared to the USD. This would be correct because I thought you were talking about inflation in the economy.

Study BTC and find out when the "best time to exit" is. :)

If you are a trader, be my guest and do that. Maybe you can day trade too and make millions as some traders suggest they always find the top and the bottom.




Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Janation on October 10, 2020, 05:20:53 AM
A lot of things in the financial world look like Ponzi, but that doesn't mean they are.

So true.

The OP didn't even provide evidence or an argument to support his claim that Bitcoin is a Ponzi scheme. Unless you know what really Bitcoin is, or cryptocurrencies, I guess you can't really say that it is a scam or a Ponzi scheme. If that is the case, I don't think people like me would be here for a long time, some even told me that they didn't invest any money from this.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Crypto_lion on October 10, 2020, 08:47:27 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?



What's the exact reason that you are saying for Bitcoin to be a ponzi ? Because it has limited supply ? Then gold , silver and every other stock is a ponzi too. I would love to hear your explanation.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: jamesde on October 10, 2020, 09:05:48 AM
This isn't a Ponzi. As a reward for a process known as mining, Bitcoins are produced. It is possible to trade them for other currencies, goods and services.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Latviand on October 10, 2020, 12:07:33 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?
How can bitcoin be ponzi? LOL! ;D
It has a limited supply of coins, and no one promises to make any profit... Here are all the new DeFi projects that can be classified as ponzi, but not as bitcoin!

It looks like a ponzi because it is not in a mainstream and people still think that bitcoin is a scam in a way that this asset do not have the potential to become profitable. There are a lot of proof that bitcoin is the future currency, it reaches its ATH in 2017-2018 which is really historical for bitcoin investors. Even if it is a decentralized asset, it should be in the mainstream as soon as possible, but the adoption is hard to achieve due to that ponzi mindset they are in. Bitcoin is worth it to invest, you just need to keep yourself away from those scams and hacks.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Abiky on October 10, 2020, 07:42:26 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?

Bitcoin is not a Ponzi. Naysayers and haters will always give the public a negative perception about Bitcoin by saying that it's a Ponzi or a scam. But Bitcoin doesn't work that way. If people actually knew how Bitcoin truly works, they wouldn't believe what it's said out there in the real world. The fact that Bitcoin acts as a both a decentralized currency and store of value, disqualifies it from being a Ponzi. There's no one behind it, other than everyday people like you and me backing it every step of the way. Bitcoin belongs to everyone, as no single entity controls it. No one benefits here thanks to the decentralized and open source design of the pioneer cryptocurrency.

As far as proof goes, I don't think anyone will be able to sustain their claims that Bitcoin is a Ponzi scheme. Of course, hackers and wrongdoers use Bitcoin for their nefarious actions (scams, theft, etc.). But that doesn't mean the cryptocurrency itself is a Ponzi. Eventually, people will get over it once they realize the true benefits of Bitcoin relative to Fiat. The more Bitcoin grows in mainstream adoption, the less people will classify it as a Ponzi. With many governments recognizing Bitcoin lately, it's becoming evident that the cryptocurrency is truly legitimate. Just my thoughts ;D


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Myleschetty on October 10, 2020, 11:09:27 PM
How anyone who Say Can proof Bitcoin is not ponzi?

People said bitcoin is not ponzi because it not ponzi and proof that bitcoin is not ponzi are the testimony of people that are already benefited through bitcoin. However, Kiyosaki statement about bitcoin to be safe haven in this time of economic break down is another proof.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Shasha80 on October 10, 2020, 11:31:04 PM
Therefore the importance of education related to Bitcoin, so there will be no misunderstanding about Bitcoin. There are two possible
reasons why some people accuse Bitcoin as ponzi, the first possibility the person will be Bitcoin haters who want to make Bitcoin look bad,
with allegations Bitcoin is a ponzi scheme without evidence. And the second possibility people don't understand Bitcoin, just saw the many
incidents of scams that use Bitcoin. So from this we can conclude that a lot of promotion and education is needed regarding Bitcoin,
so that there is no misleading news again regarding Bitcoin.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Gumbo88 on October 11, 2020, 01:27:05 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?



Bitcoin is not ponzi for sure, Bitcoin just is a game of whale and shark.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: gurjasmeetsingh on October 11, 2020, 04:48:00 AM
I think ponzy word is not fit for btc.lot of people had get good earnings from btc, & l think  they have holding the coins for get profit in the future. But new investors can say ponzy due to lack of good knowledge about btc.l think so.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: The cure on October 11, 2020, 09:39:07 AM
It is often said that bitcoin is ponzi especially to the people who lack of knowledge about it, maybe because there are people who use the name of bitcoin to deceive people, and those who are deceived are the ones who spread the news that bitcoin is a scam. We cannot say that bitcoin is a scam because even though it is decentralized we can use it to pay our bills, and many are already using it.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Saisher on October 11, 2020, 09:58:00 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?



You can exit if that's what you believe in, on Ponzi scheme there are administrators who takes care of the money coming in and coming out, Bitcoin is decentralized and no one company control the supply of Bitcoin, price depends on the supply and demand and it's the people who holds it that determine if they want to sell or to buy more.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: virasog on October 11, 2020, 10:07:33 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?



If you think bitcoin is ponzi then just leave and exit bitcoin. There is no need for you to stay here. This is the best time to exit for you  :) :)

But remember after 5 to 10 years when you will see the whole world using bitcoins and digital currency, then you will regret your decision of exiting from bitcoin.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Gozie51 on October 11, 2020, 02:42:25 PM
A lot of things in the financial world look like Ponzi, but that doesn't mean they are.

So true.

The OP didn't even provide evidence or an argument to support his claim that Bitcoin is a Ponzi scheme. Unless you know what really Bitcoin is, or cryptocurrencies, I guess you can't really say that it is a scam or a Ponzi scheme. If that is the case, I don't think people like me would be here for a long time, some even told me that they didn't invest any money from this.

No prove to op mind so that makes his opinion not valid. A single voice in this case can't make the change of total people. Bitcoin has been long in the system and many other ponzi has gone for quite a time and the new once are still disappearing. Bitcoin is a digital currency that the world is using for different purpose in their lives.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Mpamaegbu on October 11, 2020, 04:13:13 PM
Ponzi is Old investors getting payed from new investors
I think this simplifies that definition of ponzi, succinctly put. Those mischief makers who liken Bitcoin to a ponzi scheme, either they aren't sincere to themselves or they truly don't understand the phonemenal Bitcoin. Except, it existed in the past I haven't read anywhere (both online and offline) where it was said that Bitcoin had a referral programm or commission like most of the present projects now do. I will like to read about this, if there is any link to such stories.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Asuspawer09 on October 11, 2020, 05:18:28 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?



The main thing here why people are thinking that Bitcoin is a big ponzi scam could be because whoever created or make the bitcoin could easily make the bitcoin fall its market price.

Possibly if the creator of bitcoin(Satoshi Nakamoto?) if holding a big amount or volume of bitcoin on his own easily that could really affect the market price of bitcoin if he's going to sell it in the future or even today. Bitcoin market price depends on the supply and demand in the market so a big volume being sell could make bitcoin fall. But I don't think you can call it a ponzi scam or anything I mean it's just a supply and demand thing even if he sells a big volume of it there still a chance for the market price to increase after some time of recovering.

Ponzi scams would just instantly disappear to scam a big money like pyramids scam etc.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Olicrack on October 11, 2020, 05:31:10 PM
Bitcoin depends on whales, but that has nothing to do with being a ponzi


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Wallflower28 on October 11, 2020, 09:34:20 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?



Will you please try to expound your idea by supporting your claims? You know what? Don`t be negative in bitcoin. I think you are trying to say that BTC gave a lot of profits and take others capital instantly. Investing in cryptocurrency or anything related to business and investments are risky. Everybody should know that anytime, we may lose a certain amount in trading. Being a ponzi is not because it has a great volatility but if it gone 2 years when it soar high. Anyway, bitcoin is made to become digital currency and support the P2P network in a decentralized ecosystem. It just being used by the people to scam but btc itself is not.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Zionatin on October 11, 2020, 10:09:46 PM
You really shouldn't be here. You clearly have no understanding of what is going on and just want to make a quick buck. Do you enjoy just making things up? Anything you say is law and evidence?
You must have a very inflated ego if you think that your opinion is fact the way you do. Please do your research.

Fiat is way ,more of a ponzi then bitcoin will ever be.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Stedsm on October 11, 2020, 10:43:38 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?



Nobody can predict you the day BTC will end up and so, it also applies to the stocks you purchase online, the metals and commodities you buy. Gold can be $0 any day (take it as an example) because if the demand dies for the same, then it will be worth nothing even if it used to be one of the precious metals some day before. Same is with BTC, its worth completely depends upon how valuable it is in people's lives and the available liquidity to match their demands. So, if you think BTC is a Ponzi scheme, take every single thing that you need in your life to be a Ponzi too. ;)


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: kemoglo on October 11, 2020, 10:51:21 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?



Simple, it's not. Ponzi's are by definition run by a single entity. Bitcoin isn't. In my opinion it is not


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Assface16678 on October 12, 2020, 12:52:26 AM
The bitcoin will not and never been not a Ponzi even the creator of the bitcoin does not promote the use of the bitcoin instead there are a lot of them become interested in the use of it.

What is the reason why bitcoin says becomes a Ponzi scheme?
There are a lot of reasons.
One of these is the common thing nowadays which is YouTube and other social media scams.

Next is the invitation and promoting a scam.
They are using the Bitcoin itself or just the name of the bitcoin to encourage different people to invests with them.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Sadlife on October 12, 2020, 01:14:03 AM
When you say ponzi, that is when the asset is non-existent or its has no real world value that can actually innovate the current system, and only can be use as some kind of pyramid to gather investors, and whoever is on the top can only payout while people at bottom will be use as money milking cows to benefit the early people got in.
Bitcoin is not like that, it has demand that gives financial freedom through decentralized ledger that no centralized entity controls.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Sapphire915 on October 12, 2020, 01:48:35 AM
Those people who said that bitcoin is a ponzi are definitely those who have a negative thoughts about blockchain world. They have lack of knowledge about bitcoin, and they never know the real features and deeper meaning about it. How can we say its a ponzi? where in the reality we benefited a lot from it and it gives so much profits to us who keeps on believing and trusting its great value in the market.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Genemind on October 12, 2020, 02:20:57 AM
Bitcoin was never intended to be an investment tool, but as an alternative for fiat. And old investors are not gaining any profits whenever a new investor comes in, people profit from it due to price fluctuations that happen due to market volatility. Bitcoin doesn't also guarantee sure profit in a certain duration of time upon investing.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: worldofcoins on October 12, 2020, 04:11:41 AM
Bitcoin isn't a scam or misrepresentation venture however many people use it for the Ponzi plot.
Bitcoin is just like other cryptocurrencies and there's no lament to utilizing it since its lawful in around the world.
Let haters ponder it they're not very much aware. If you contribute it any Ponzi plot you'll be get defrauded where bitcoin return your all venture with profoundly benefit.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: posi on October 12, 2020, 10:03:54 PM
OP, I dont know what lead to your negative impression about Bitcoin during the time it was used as reserve asset by private companies, some Federal governments using it secure their country wealth, proof to be safe haven during the pandemic and also win the affection of Kiyosaki. I guess people like you will never the positive impact of Bitcoin.

 Ognasty was right when he said "Bitcoin is no more of a Ponzi scheme than the US Dollar." cause Trillion dollars of dirty fund was launder to a to a powerful global bank before the secret file were later exposed and theres no way no sluch huge will be send in crypto and the community wont be aware of it.

You really shouldn't be here.
+1 to this.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Google+ on October 12, 2020, 10:38:17 PM
Bitcoin was never intended to be an investment tool, but as an alternative for fiat. And old investors are not gaining any profits whenever a new investor comes in, people profit from it due to price fluctuations that happen due to market volatility. Bitcoin doesn't also guarantee sure profit in a certain duration of time upon investing.
well, what you are explaining is true too, bitcoin is originally intended to be used only to make transactions that cannot be controlled by the government or anyone because bitcoin can only be controlled by the owner itself, from its development time the use of bitcoin has increased and more and more people are buying bitcoin. , due to the influence of bitcoin, which has a limited supply, it ultimately makes bitcoin price expensive because an item when it is difficult to obtain will increase in price.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: batang_bitcoin on October 12, 2020, 10:48:39 PM
When you say ponzi, that is when the asset is non-existent or its has no real world value that can actually innovate the current system, and only can be use as some kind of pyramid to gather investors, and whoever is on the top can only payout while people at bottom will be use as money milking cows to benefit the early people got in.
Bitcoin is not like that, it has demand that gives financial freedom through decentralized ledger that no centralized entity controls.
I'll add to that.
A ponzi never goes in a bearish market. It's always going with the increasing value which looks favorable to the investors but if they realize the soonest, they are on the wrong type of investment.
That's the attitude of all ponzi, they never drop until they exit.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Abiky on October 17, 2020, 10:21:30 PM
Nobody can predict you the day BTC will end up and so, it also applies to the stocks you purchase online, the metals and commodities you buy. Gold can be $0 any day (take it as an example) because if the demand dies for the same, then it will be worth nothing even if it used to be one of the precious metals some day before. Same is with BTC, its worth completely depends upon how valuable it is in people's lives and the available liquidity to match their demands. So, if you think BTC is a Ponzi scheme, take every single thing that you need in your life to be a Ponzi too. ;)

Exactly. No one said Bitcoin is a guarantee you'll become rich in the long run. Neither it'll make you profit in a short amount of time. Bitcoin's price is determined by the rules of supply and demand. If there's no demand for Bitcoin, expect it to go to zero in terms of price (which looks very unlikely to happen). The decentralized and open source nature of Bitcoin allows anyone to do as they wish with their funds. Bitcoin is a new kind of money where people are the true owners of the system (not a central authority like it's the case with Fiat today). Those who say it's a Ponzi scheme truly don't know how Bitcoin works. Bitcoin is all about empowering the average person in taking back control of his/her money. Fiat goes against financial freedom since it's largely manipulated and controlled by central banks and governments alike. It's the largest Ponzi in the world, yet people don't seem to care.

Nonetheless, Bitcoin's adoption is growing at a fast pace. People are learning about Bitcoin's true benefits relative to Fiat albeit at a slow and steady manner. It won't be long enough before the average person recognizes Bitcoin to be a truly-legitimate digital currency for mainstream payments. If governments are already recognizing Bitcoin's legitimacy, then why shouldn't the general public do the same? Just my opinion :)


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: mangsitin on October 17, 2020, 10:37:47 PM
I know, some people say that bitcoin is ponzi, and ultimately, is a scam.  And they talk without any clear foundation. World bank economics chief Kaushi Basu said bitcoin is a comparison for central banks on how to improve digital money efficiency and save on shipping costs.  and in bitcoin trading all data is graphed, so that people can predict future price trends.  and this is like any other stock trading.  And if you're out, I don't think it's a good idea.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: LogitechMouse on October 18, 2020, 02:08:31 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?
Ohh you again.
You have been posting numerous thread that attacks not only Bitcoin but crypto or I should say anything negative about crypto :D.

Like I said to your last thread, show some proofs, links or articles that says that Bitcoin is a ponzi. Your useless words aren't enough for us to believe :P.
Good that you got some negative trust :)


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: finaleshot2016 on October 18, 2020, 03:12:15 AM
omegalul, how BTC became a Ponzi? you don't even need 3rd party people/platform to invest in it.

It's an asset like stocks and fiat, it doesn't involve any system that makes it Ponzi which is the pyramiding.

If you hate cryptocurrency, it seems that you disregarded all of the facts about them and makes you in this kind of mindset. Learn before talk.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Natalim on October 19, 2020, 12:14:53 PM
If you hate cryptocurrency, it seems that you disregarded all of the facts about them and makes you in this kind of mindset. Learn before talk.

People who hate crypto does not accept any positive argument about crypto, their mind are close and they believe that bitcoin is really ponzi.
We can't control them, that's what they believe and everyone has the right to believe whatever they want, that's the reason why we see people who are successful investing in bitcoin while the other keep throwing negative comment about bitcoin.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: budi691 on October 19, 2020, 02:01:43 PM
when bitcoin is considered a scam more and more people believe in Bitcoin because of its increasing value, so I think people who talk about Bitcoin ponzi are people who are trying to make a profit saying that Bitcoin ponzi


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Zionatin on October 19, 2020, 02:10:55 PM
You have opened 3 posts about the same thing more or less and have added no value what so ever to any of those posts. You have presented no facts or evidence or even an educated opinion about the things you are saying or claiming. I suggest if you want to "exit early" that you do so now. You are not the sort of person that has any understanding of the basis of cryptocurrency and what it is actually for and why is was created.
Instead of making silly posts why not educate yourself. Remember google is your friend. Once you have something decent to ask come back and try again.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Becky666 on October 19, 2020, 02:34:02 PM
How anyone who Say Can proof Bitcoin is not ponzi?
The only proof for this evidence is it existence, Bitcoin has been here for the masses whom financial freedom was seek. Ponzi schemes are different from what Bitcoin stood for and should be compared together, Bitcoin just a payment method or internet money which doesn't require anyone to invest 10$ to reap 50$. Though, with a long-term investment with Bitcoin this can be visible and achievable.     
Quote
There is More proof and evidence that it is ponzi.

State the evidence or remain silent forever!.
Quote
I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?
You should mind when it's ponzi but sincerely, it isn't  ponzi scheme bruh. The context of your exit could be wrong becasue the technology is here to stay and not just for a while, So, there shouldn't be an exit route except for profit taken to return back again.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: death69 on October 19, 2020, 04:32:30 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


You can exit right now if you have enough profit. I will not escape this ponzi scheme. If bitcoin is a ponzi scheme, it will be the best ponzi. Surely, most of the people who trust the system will gain their money. Only people who dont understand the concept behind bitcoin will fall behind and lose their money following the nonsense hype.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Dsdaq on October 19, 2020, 05:17:44 PM
Bitcoin is not a ponzi scheme. Bitcoin is a decentralized system, no one controls it. but most ponzi scheme are centralized which means they have people that manipulate the system.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: oliviarobert on October 20, 2020, 11:44:28 AM
Bitcoin is not a ponzi scheme.

Bitcoin is a worldwide payment system and crypto currency, Bitcoin has been unpredictable. So you have a decentralized volatile currency that uses technology that most people do not understand and right now it is parabolic. You either fall into one of two camps. You either assume it's going to continue to grow in value and you can make money off it, or you can think it's going to crash and burn.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: ilovealtcoins on October 21, 2020, 02:09:32 PM
Bitcoin can't be Ponzi because Bitcoin is more than 10 years old and its value continues to rise over the long term (including downward adjustment). Just like fiat money, there is always an exchange around Bitcoin. Bitcoin's liquidity is quite large and the number of people using Bitcoin increases over time.
Many countries agree Bitcoin is a legitimate means of payment.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Traderbtcc on October 21, 2020, 03:39:29 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


I laughed real hard when I came across this post, like seriously?
Bitcoin a ponzi? A ponzi that has been around for a decade now :D, that doesn't look like a ponzi to me, so NO, BITCOIN IS NOT A Ponzi, although some public figures (e.g Warren buffet, Peter schiffs etc) label it to be one but it's not, after all it never promisesd us unreal profits like the regular ponzi schemes out there do :D, the only set of people who think this way are people who want to make insane profit out of it fast.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: CODE200 on October 22, 2020, 03:10:41 AM
Investing in ponzi the investors lost their money but if the investors invest to the bitcoin they earn profit.
It does not work in such way. Investing to Bitcoin do noes not guarantee profit and that's the factor making it not a ponzi. Things related to ponzi are promises that huge profit will be earned upon investing, while in Bitcoin, it does depend to the investor on how he would make a profit - market analysis, when to buy and when to sell. Investors of Bitcoin are the ones making profit and the natute of its market value is just a factor which is its volatility. There are times wherein the market value of not only Bitcoin  but also other cryptos, thus causing partial profit loss.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Vaskiy on October 22, 2020, 03:31:49 AM
For the people who doesn't have much knowledge about bitcoin, basically the person who doesn't believe the technology growth will never understand bitcoin. Mostly these people term bitcoin as a ponzi, and this is the mistake of the user. Using the name of bitcoin more number of ponzi were promoted and common people who doesn't have any understand about cryptocurrencies were the target.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: bayu7adi on October 22, 2020, 03:36:54 AM
Investing in ponzi the investors lost their money but if the investors invest to the bitcoin they earn profit.

You should read again what ponzi is (https://www.investor.gov/protect-your-investments/fraud/types-fraud/ponzi-scheme#:~:text=A%20Ponzi%20scheme%20is%20an,do%20not%20invest%20the%20money.) and why bitcoin is not ponzi. Bitcoin has never promised benefits for those who want to use bitcoin. Users come to Bitcoin with their own interests, such as paying domain bills, or buying some adult content.
You have the option to sell your asset, or buy something else, or maybe send it to your friends as a gift, and if you are hungry, buy pizza. (https://qz.com/1285209/bitcoin-pizza-day-2018-eight-years-ago-someone-bought-two-pizzas-with-bitcoins-now-worth-82-million/#:~:text=Today%20is%20Bitcoin%20Pizza%20Day,as%20a%20means%20of%20payment.)

In bitcoin, no existing users benefit from the arrival of new users


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: shata on October 25, 2020, 12:17:31 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?



With due respect, Bitcoin is not create at the first place to be an investment. Always remember that. In its whitepaper, Satoshi Nakamoto created it as medium of peer to peer to eliminate third party involvement especially with financial institutions. Created with coincidence after the 2008 economy breakdown and distress in USA because of broken financial system which resulted to millions losing of jobs, closure of business and lost of money by a lot of investors too. Bitcoin was maybe created also as a hedge of the broken FIAT system created by the government which was finally exposed during that time in 2008 which a lot of hedge fund managers like Paul Tudor invests in it too and a lot of institutions are finally eyeing with Bitcoin example to the newest news about Paypal integrating cryptocurrency which is a very very big news. Call that ponzi. Peace!


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: tsaroz on October 25, 2020, 01:27:56 AM
For something to be ponzi, it would require new people to keep on joining and increasing their investment on it to make it run. But that has not been the case with Bitcoin. Bitcoins actually have value and you can buy products and services using bitcoin. Bitcoin doesn't goes on increasing in price either. It's price increases or decreases according to market. Bitcoin is limited in supply, with fixed amount of coins minted, they would circulate but no new bitcoin would be added. It makes bitcoin a less of ponzi than fiat currency.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: acener on October 25, 2020, 07:01:56 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


LOL are you serious?
You shouldn't compare Bitcoin with a ponzi scheme the proof that you are talking about are the early investors right they earned what they gained by having faith on Bitcoin.
Nobody promised anything when you invested in Bitcoin or buy some Bitcoin unless you are one of those who just invested because of the profit that has been shown by others or been interested because they heard or read some people become rich due to Bitcoin or crypto.
You should try to research more in order to have deeper insight not just some useless proof that you are talking.
Then would you also call a stocks that has been pump a ponzi? would everything that would gain value in the future be considered as a ponzi for you?


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Pamadar on October 25, 2020, 07:16:54 AM
For something to be ponzi, it would require new people to keep on joining and increasing their investment on it to make it run. But that has not been the case with Bitcoin.

That's correct! ponzi relied alone with signup and new peps to keep coming in order to workout and continue business, bitcoin ain't relied with that but instead with usages, it follows supply and demand.

Bitcoins actually have value and you can buy products and services using bitcoin. Bitcoin doesn't goes on increasing in price either. It's price increases or decreases according to market.

Just like what I have said, it follows the supply and demand but aside being use as tool for investment there are already many ways where you can use this coin, many established business are already catering bitcoin as part of their payment transactions.

Bitcoin is limited in supply, with fixed amount of coins minted, they would circulate but no new bitcoin would be added. It makes bitcoin a less of ponzi than fiat currency.

With such principles, the  more people and businesses to accept and start using bitcoin the more valuable it can turned to, limited supplies with high demands will surely bring decent in terms of it's valuation.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: gamer4156 on October 25, 2020, 10:57:23 AM
Numerous individuals call it as venture since they see the is excellent for long haul speculation. Bitcoin nor fiat are ponzi, however can be utilized to pay for con artists. Be that as it may, fiats consistently downgrade and its value is turning out to be lesser constantly, in lacking and non-industrial nations. Bitcoin is utilized to be an installment apparatus. With every one of these realities, how might you express that Bitcoin is a Ponzi? Are you daze and overlook each sure side.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Xinarae* on October 25, 2020, 11:25:54 AM
Bitcoin does not Ponzi it is usually used for investing these arguments often lead to the belief that it is still difficult to understand why people are still comforting just why they would put a penny in Bitcoin. This only applies to fools and those who dream of making quick money. The main goal of Bitcoin was to create decentralized peer-to-peer magic internet money for the people of the world. Wallets are working to develop privacy features but time will tell if they can help protect privacy when powerful forces work to deactivate transactions and owners.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Vishnu.Reang on October 25, 2020, 12:07:17 PM
If someone says that Bitcoin is a Ponzi, then he either doesn't know what is a Ponzi, or he has no idea about Bitcoin (or both). One thing that differentiates Bitcoin from all the other technology innovations is that it's inventor never tried to profit out of it. Satoshi Nakamoto could have easily pre-mined a couple of million coins and dumped them in 2017 when the ATH was achieved. But he never did that.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Benefactor on October 26, 2020, 03:08:39 AM
Bitcoin is undoubtedly a ponzi conspire in light of the fact that there are a few people who use Bitcoin as an apparatus to make a ponzi plot venture for their own advantage and for this situation the ponzi plot isn't bitcoin, however a stage made by a portion of these individuals. It doesn't even worth to contend with you since most importantly you need to peruse a great deal of things about it and not just consider gossipy tidbits that a few people.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: DeathAngel on October 26, 2020, 04:31:45 PM
Not sure what the OP’s agenda is but it’s quite embarrassing to be honest. Ponzi schemes don’t last this long & they don’t attract the kind of high profile investors & institutions that bitcoin does.

Bitcoin it the safest currency in the world, nothing compares. There is no alternative currency that is so scarce & valuable.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: 3meek on November 01, 2020, 03:18:53 PM
Not sure what the OP’s agenda is but it’s quite embarrassing to be honest. Ponzi schemes don’t last this long & they don’t attract the kind of high profile investors & institutions that bitcoin does.

Bitcoin it the safest currency in the world, nothing compares. There is no alternative currency that is so scarce & valuable.

In fact, a lot of cryptocurrencies are valuable and can be compared with bitcoin... For example Monero, which has excellent privacy and can be used instead of fiat money!
However, I agree with you that bitcoin is cryptocurrency #1 and has the greatest trust among its users!


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: supine on November 01, 2020, 03:51:16 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


Bitcoin isn't ponzi and wasn't meant to be an investment I think Satoshi created it for the people to be decentralized and to gain freedom from the government,
It is us who just put it that way and use it as an investment Bitcoin didn't even promised profit to be called or compared to a ponzi schemes.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: pawanjain on November 01, 2020, 04:01:36 PM
The first point is that bitcoin is decentralized and there's nobody to control it if were a ponzi scheme.
The second point is that nobody is telling you to invest in bitcoin. People are buying it at their own will.
The third point is that bitcoin does not promise high returns and it's price increases/decreases based on the demand.
I have many other points but these 3 are sufficient to say that bitcoin cannot be classified as a ponzi and to be honest this has been proved several times earlier.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: molsewid on November 01, 2020, 04:28:54 PM
Bitcoin is Ponzi for those who don't know using bitcoins.

Bitcoin is Ponzi for those people who really don't know bitcoin. Like in our country, most people think it's a Ponzi scheme because of the news of Scam investment that was using Bitcoin's name to gain more investors. But we all know bitcoin is not a Ponzi scheme. Actually, bitcoin gives us many opportunities to earn money online, transact in any part of the world. The only bad about bitcoin, some users of bitcoin use it for illegal things.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Casdinyard on November 01, 2020, 11:37:27 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


Bitcoin isn't ponzi and wasn't meant to be an investment I think Satoshi created it for the people to be decentralized and to gain freedom from the government,
It is us who just put it that way and use it as an investment Bitcoin didn't even promised profit to be called or compared to a ponzi schemes.

People choosing to use Bitcoin as an investment, is not a valid reason or is enough to tell that it is already a ponzi. It is just many people are having high expectations of easy profit from investing into it. Way back the year wherein the market price reached its ATH, it became more popular and many investors engage towards this technology because the price is believed to be increasing continuously. But due to market volatility, the market price fell down in a single snap, without prior notice. Many people lost profit and their expectations are not met. But this is not the instance wherein it was started to be called as a ponzi, because it is being called such thing for years already. What's funny is that, there are still many people are still investing to it.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: bryant.coleman on November 02, 2020, 05:46:54 AM
A ponzi scheme that is thriving even after 12 years of its creation? That will be a new record. Also, a ponzi scheme in which the inventor has never profited out of his own creation? That will be a very special type of ponzi. I purchased my first Bitcoins in 2012, for around $10 per coin. Now I have cashed out coins worth 200 times my initial investment, and I still have plenty of coins remaining in my wallet. Still want to call Bitcoin as ponzi? 


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Abiky on November 02, 2020, 11:01:24 PM
People who hate crypto does not accept any positive argument about crypto, their mind are close and they believe that bitcoin is really ponzi.
We can't control them, that's what they believe and everyone has the right to believe whatever they want, that's the reason why we see people who are successful investing in bitcoin while the other keep throwing negative comment about bitcoin.

Exactly. Most people are prejudiced about Bitcoin, as they've made up their minds based on what was told by mainstream media or the government. They don't take the time to do their own research about Bitcoin, in order to learn what it's all about. As long as most people believe Bitcoin is a Ponzi or a scam, Fiat will continue to dominate in the mainstream world. Fret not, as Bitcoin was never meant to be a replacement of the current monetary system. Its decentralized and open source nature has allowed it to survive nearly 12 years since its inception. All we gotta do is spread the word about Bitcoin's true benefits relative to Fiat, and leave the decision to the people. If they find Bitcoin attractive, they'll do whatever they can to learn all about it. We cannot force everyone to join the Bitcoin bandwagon as each person has his/her own tastes.

Nonetheless, it's evident that Bitcoin is NOT a Ponzi. The way it's designed, prevents anyone from taking benefit of the system. Bitcoin has no central authority which can manipulate it at will. The real Ponzi or scam is Fiat as central banks manipulate the system to their own benefit. The rich become richer, while the poor become poorer over time. For the first time in history, we have a sovereign currency that's by the people for the people. Freedom is ultimately achieved with Bitcoin as there's no middleman that could either freeze your account or confiscate your funds. Saying that Bitcoin is a Ponzi is just a failed attempt to spread "FUD" by both banks and mainstream governments. No matter what haters say about Bitcoin, the pioneer cryptocurrency will be here to stay for a long, long time. Just my thoughts ;D


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: CaVO32 on November 02, 2020, 11:12:31 PM
A ponzi scheme that is thriving even after 12 years of its creation? That will be a new record. Also, a ponzi scheme in which the inventor has never profited out of his own creation? That will be a very special type of ponzi. I purchased my first Bitcoins in 2012, for around $10 per coin. Now I have cashed out coins worth 200 times my initial investment, and I still have plenty of coins remaining in my wallet. Still want to call Bitcoin as ponzi?  

You are very lucky to sell your coins today! But anyway, people who don't want to educate themselves about bitcoin or crypto or blockchain technology will always be in the dark side of things. They will miss the opportunity brought by this technology. We can't do anything about close-minded people. But hoping that one day, they will enlighten themselves with the publicly available information. It is their decision where to go with this route. Either enrich himself with crypto knowledge or leave without trying anything and regret afterwards.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: gurjasmeetsingh on November 03, 2020, 05:15:13 AM
We can't shut the mouth, for those people who say bitcoin is ponzy.l think who have not knowledge about bitcoin. Many different types of project who have not success to run their projects & called ponzy so l think who have not knowledge about bitcoin, yes they called bitcoin is a ponzy game.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: shoreno on November 03, 2020, 05:42:56 AM
ah you again ? you never get run out of wierd questions arent you.  while everyone is asking if when its the best time to enter btc , you here are asking the opposite thing and you ask if what is the best time to exit to btc . the price now are still impressive and its not too high or not too low , its just fits with the criteria that you wanted so why dont you make an exit now huh @op ?you said btc is a ponzi but you dont mind it ? so it means that you arent sure to your self if btc is really a ponzi but your confident that you can still earn and get out on time .


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Alexmagn84 on November 03, 2020, 07:37:46 AM
numerous individuals call it as venture since they see the ROI is awesome for long haul speculation. I can reason that bitcoin isn't a ponz created nations however degrading their nations cash, is that not a ponzi - like of a thing where politicos gain yet pulverizing their nation while the less benefits are experiencing legislative cash cheapening.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Polo7 on November 03, 2020, 01:42:37 PM
Everything is ponzi in Financial world!
Stock market equities Gold btc low Cap coins money is ponzi its all ponzi ponzi is Not Bad word.
Just never be last guy even you buy Property sell it higher buy cheap sell high.
Buy cheap sell higher its ponzi
Life is ponzi


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: GeorgeJohn on November 03, 2020, 02:02:29 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


From the looks of everything and existence of bitcoin, btc never used or known as ponzi scheme, but you emphasised that bitcoin is a ponzi I think you have to let us understand the aspect you comprehend that made bitcoin to be ponzi from your perspective, but remember that if btc can be classified as ponzi from your findings,  it's obvious that  money is also a ponzi.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Ender19 on November 03, 2020, 10:02:46 PM
Every market / exchange is a ponzi.

In order for you to sell for more than you bought for, someone else has to inject that money into the market and buy it from you themselves. It requires an infinite amount of people to continue buying at higher and higher prices to keep everyone before them profitable.

Just like the normal markets.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: mardaed on November 04, 2020, 08:34:58 AM
After I reading the title I laughed honestly, I really think some people really think Bitcoin as ponzi. One thing is clear to me a lot of people really doesn't have enough knowledge what is a Bitcoin and cryptocurrency we can't blame them since it's really complicated and anyone could give some "technical explanation" and explain it incorrectly or just trying to deceive them or give wrong information.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Eureka_07 on November 04, 2020, 01:49:20 PM
Ponzi is Old investors getting payed from new investors
In the first place, bitcoin is not created to start investments, it is made in order for us to have a decentralized currency system, meaning it does not need to be backed up by any existing currencies.
The reason is that the bitcoin enthusiasts are those who affects the value of bitcoin.
There is no point telling that bitcoin is a Ponzi scheme because just does not work like that.
Ponzi generates roi to the first earlier investors through the payment that the later investor invested. 
Bitcoin is different, firstly you don't need to hold it, you can just use it for payments or other related things.
And if you thought investing into it, like trading, positive ROI is not guaranteed until the value of it went high where you decided to sell it again.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: DarkDays on November 04, 2020, 03:26:35 PM
If someone says that Bitcoin is a Ponzi, then he either doesn't know what is a Ponzi, or he has no idea about Bitcoin (or both).

Couldn't have agreed more. What type of person would come to this conclusion after reading so much about BTC. Clearly no reading was involved  >:(

It is clear that whoever thinks this is not literate at all about BTC and never will, as it shows the lack of motivation to learn.

If you think BTC is a scam then don't get involved or spread rumours that it might be.

The meme below captures this in very simple terms.

https://i.imgur.com/wHXjmWH.jpg



Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: carter34 on November 04, 2020, 04:06:48 PM
Many things look like ponzi, but they are not ponzi at all. Isn't that right? With bitcoin, this is exactly the case.

Bitcoin never looked like ponzi if you are dealing on it as you should except if someone tells you that or is making you invest in bitcoin through himself and give you back little return in percentage and ask you to provide a friend as referral like you are networking on it but no, bitcoin has never looked like a ponzi.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: ropyu1978 on November 04, 2020, 05:09:53 PM
I will explain to you how ponzi is working and then you know where is different between ponzi and bitcoin, for ponzi will give and promise with daily profit about 1% until 10% depend with your ponzi joining and ever have ponzi give promise more than 20% every day and get double income after success ask the other for joining with their link. They are never have income except from new member make deposit but bitcoin is payment currency never give with profit in daily or monthly, depend when bitcoin have higher price you can get much profit but bitcoin is never scam like ponzi could die any time.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Wiwit4 on November 05, 2020, 11:31:47 AM
Bitcoin is not a ponzi but an investment, and if you think it is ponzi then don't push yourself.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: imstillthebest on November 05, 2020, 01:22:52 PM
After I reading the title I laughed honestly, I really think some people really think Bitcoin as ponzi. One thing is clear to me a lot of people really doesn't have enough knowledge what is a Bitcoin and cryptocurrency we can't blame them since it's really complicated and anyone could give some "technical explanation" and explain it incorrectly or just trying to deceive them or give wrong information.
We can exempt him but theres that people that will say the same thing and they mean it because that is what they believe . not all people have heard of btc , those group of people do not have a knowledge yet on btc but for those that already came across with btc , they should not judge btc easily or else we will call them unknowledgeable or lazy to learn  .

How will they know that btc is really hard to understand when they don't take any actions ? giving technical explanation is too serious but that looks funny if you supplied wrong info and why do such effort when your goal is to only decieve people


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Debonaire217 on November 05, 2020, 03:40:25 PM
If I am not mistaken, ponzi scams are those with people earning through invites who also put money. Basically, they form a pyramid so the money will just cycle to the members. There will be someone that will control the funds to send it for payout. They are also the one responsible when they exit scam.

Compared to Bitcoin, I don't think they have the same mechanism to classify bitcoin as a scam like Ponzi. In the first place, there is no entity that will be responsible for the loss of your money. Also, you don't need to invite people to spend, though in bitcoin, the value will come from adoption the main purpose of bitcoin is not to be a store of value, but a means of exchange. Remember, a pizza is once worth 10,000 BTC before. Meaning, you can exchange BTC without even considering its conversion to fiats. Since now that it is already widely accepted, bitcoin is now considered as a currency.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Abiky on December 07, 2020, 05:26:34 PM
If I am not mistaken, ponzi scams are those with people earning through invites who also put money. Basically, they form a pyramid so the money will just cycle to the members. There will be someone that will control the funds to send it for payout. They are also the one responsible when they exit scam.

Compared to Bitcoin, I don't think they have the same mechanism to classify bitcoin as a scam like Ponzi. In the first place, there is no entity that will be responsible for the loss of your money. Also, you don't need to invite people to spend, though in bitcoin, the value will come from adoption the main purpose of bitcoin is not to be a store of value, but a means of exchange. Remember, a pizza is once worth 10,000 BTC before. Meaning, you can exchange BTC without even considering its conversion to fiats. Since now that it is already widely accepted, bitcoin is now considered as a currency.

Exactly. But skeptics will continue to spread FUD aiming to destroy Bitcoin's reputation in the mainstream world. As people believe what it's said by the government and mainstream media, they'll continue to say that Bitcoin is a Ponzi or scam without doing proper research about it. Believe me, once the public gets to know Bitcoin's benefits on top of Fiat, they'll retract themselves from classifying it as a Ponzi. At least, Bitcoin will continue to go on as usual thanks to the large number of supporters backing it every step of the way. As long as Bitcoin remains decentralized and censorship-resistant, it should be able to stand the test of time regardless of what it's said in the mainstream world.

Ultimately, Bitcoin will co-exist with Fiat for a very long time. Governments can try to regulate the crypto market, but they'll never be able to regulate the Blockchain itself. Ban or no ban, it'll be impossible to take down the revolution. Those who're against Bitcoin are mainly central banks, governments, and the wealthy. That's largely because they don't want to lose dominance/power/control in the mainstream economy. The more people continue to believe their lies, the better it'll be for Fiat's dominance in the mainstream world. People will understand in the end, that it's all about removing the middleman for the economy to work as intended. As long as we do our part in educating the masses about Bitcoin, the time will come when it'll be recognized as a truly legitimate medium of exchange worldwide. Just my thoughts ;D


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: drlukacs on December 07, 2020, 05:31:27 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


Ponzi?  Bitcoin is ponzi?  Looks like you're pretty negative about Bitcoin.  In fact, Bitcoin has no one to regulate it and its value is decided by the crowd and I've never seen a ponzi pattern like this :)
Perhaps you need to read and understand more about what Ponzi really means.  My advice is not to follow the crowd to create meaningless posts like this, peace.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Maestro75 on December 07, 2020, 05:50:52 PM
Ponzi is Old investors getting payed from new investors

That is how ponzi operates and I have not sen that in bitcoin. I do not know what the op intend to achieve by making such accusation against bitcoin except to gain unnecessary attention. We know ponzis run through a referral program but bitcoin does not. If anyone knows of such bitcoin referral sites you can let me know so I can earn free bitcoins too.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Swordsoffreedom on December 07, 2020, 06:17:12 PM
Ponzi is a pyramidal circular pathway. Example: they take someone's investment & give a fraction of that investment to another one. You must have to add referral under you, and your income is totally dependent on the people whom you referred. Money is changing hand on a circular path. The comparison of Bitcoin with the Ponzi scheme is totally insane.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Spack17 on December 07, 2020, 06:17:17 PM
How can you think that Bitcoin is a Ponzi Scheme? Bitcoin is the last cryptocurrency to think about it like that. You can find many altcoins or DeFi projects that are really Ponzi Scheme. Because there are many scam projects in the market.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: MollyTheDude on December 07, 2020, 06:22:06 PM
Then fiat currency is also a ponzi scheme? ???


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Zalfa_mui on December 07, 2020, 06:35:51 PM
why do you think bitcoin is ponzi, you are wrong in understanding bitcoin, bitcoin is digital currency and you can trade with bitcoin, it's the same as gold, bitcoin is the same as gold, you can invest in it.  you are wrong if you say bitcoin is ponzi.  try to find out more about bitcoin and understand, then you will understand and not misunderstand bitcoin anymore.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: AjithBtc on December 07, 2020, 08:04:45 PM
It is quite common to see a very minimal number of people thinking bitcoin as a ponzi. This is due to the lack of understanding and the way they're used to it. People who haven't known anything about bitcoin and if he tries it out of compulsion, he/she will state it a ponzi. To justify it to be legit we've got lot and lots of facts connected with the cryptomarket.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: oktana on December 07, 2020, 10:37:09 PM
What I'm reading is "dollar is ponzi". What a topic! How TH is bitcoin ponzi? Bitcoin is just a currency and can be used for ponzi but it is not created for such. The only 2 difference between Bitcoin and dollar is that bitcoin isn't controlled by a 3rd party, and bitcoin is digital.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: bryant.coleman on December 08, 2020, 06:03:18 AM
Bitcoin was used in various Ponzi schemes and we can't ignore this fact. Two of the recent mega-scams (Onecoin and PlusToken) have seen billions of USD worth of funds stolen from the unsuspecting investors. Since cryptocurrency was used in the scam, it became more difficult to arrest the perpetrators and confiscate the stolen funds. We need to admit this and concentrate on increasing the awareness among investors regarding potential scams.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Natalim on December 08, 2020, 10:48:11 AM
Bitcoin was used in various Ponzi schemes and we can't ignore this fact. Two of the recent mega-scams (Onecoin and PlusToken) have seen billions of USD worth of funds stolen from the unsuspecting investors. Since cryptocurrency was used in the scam, it became more difficult to arrest the perpetrators and confiscate the stolen funds. We need to admit this and concentrate on increasing the awareness among investors regarding potential scams.
Exactly, these people misunderstood or does not really understand what bitcoin is, the platform could be a scam but bitcoin will never be called as scam. if they'll only understand that once they invest on ponzi scheme, they invest on the same not on bitcoin as bitcoin is just a payment system.

people with lack of knowledge might see bitcoin as ponzi, but we can't blame them, instead let's just help to educate them and hopefully they'll learn from their mistakes.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: doomistake on December 08, 2020, 10:58:05 AM
Ponzi scheme definition

What Is a Ponzi Scheme?
A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for early investors by acquiring new investors. This is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers.

To be honest Bitcoin aren't created for investment, but it's a currencies without central authority can control it (decentralized). But many people call it as investment since they see the ROI is very good for long term investment. And it doesn't promise 100% you will get profit like ponzi scheme, some people also in loss since they bought high and sell low.


I'll elaborate this even more for OP to understand.

People who says it's a ponzi will always insist it's a ponzi scheme. Bitcoin don't force anyone to invest on it, nor posting an advertisement that it'll make your money triple in just three days. Bitcoin was made to be decentralized, meaning it would work continuously without any people controlling and developing it, correct me if I'm wrong.

Bitcoin's could indeed triple your money but it doesn't have any promise that it'll happen in a fixed amount of time, it's all about trusting while waiting while you hold your own funds and you make the decisions when to sell it to make profits, and that's not what ponzi scheme have.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: btc78 on December 08, 2020, 11:18:53 AM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


Says who? a PONZI PROMOTER itself? https://bitcointalk.org/index.php?action=trust;u=2640926

obviously you are Crying like a Cow because you had been tagged for being a Ponzi promoter and now your throwing towards Bitcoin and the whole crypto market because of this.

Had been seeing you creating thread and all are bitterness and FUD,i don't know why it seems that your account silence now as the market is in BULL?can't stand of what you are saying against Bitcoin?


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Vishnu.Reang on December 08, 2020, 11:27:36 AM
Greedy people losing their hard earned money in various scams is nothing new. It happens all the time, in almost all the sectors. Ponzis exist in Bitcoin sector because we have stupid people who are greedy enough to believe in these scams. They believe that it is possible to become millionaires overnight. As a result of their greed, they fail to do proper research on these schemes. And in the end Bitcoin gets the blame.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: arwin100 on December 08, 2020, 01:12:21 PM
I think he's referring to the other people who think about bitcoin is scam and actually I encounter so many of them on social media groups. They have lack of knowledge about this thats why they telling that bitcoins is ponzi scam but if the time they will get an interest about it and learn more information provably they will not call it as scam. Remember we came to this point where we think we can get scam for buying bitcoins so its forgivable if newbie will think about this way.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: milani on December 08, 2020, 01:37:24 PM
Lots of people who take a first glance on Bitcoin and do not have attempts to learn at least something about Bitcoin are deeply sure that ponzi and Bitcoin are synonymous. But the main characteristics of the ponzi idea is that without new income from new investors the previous investors will not get their percentages or their income. And the another one characteristics of ponzi schemes is that such things exist during too short periods and oriented on the rapid and high profit and after that such ponzi projects collapse or  disappear. Bitcoin does not fall under none of those points.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: minhkhoa on December 08, 2020, 01:59:44 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


I do not think so. Because we cannot compare like that, Bitcoin is volatile and its rise and fall are symbolic of it and the crypto market. Ponzi is a form of scamers in the form of raising capital and when investors are deceived and lost, while if you hold Bitcoin and make a profit depends on whether you sell it high or low and profitable or loss.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: DarkDays on December 08, 2020, 02:21:37 PM
Okay, so maybe about 2 years ago people could be forgiven if they thought BTC is a ponzi. But how could you still be thinking that after seeing so many major corporations move into the industry  ???

Surely, companies like PayPal (though this is an entirely different story as I do not approve of the way they forge their own price on there) but just using this as an example for the sake of the argument here and major stocks and share platforms like eToro, and some governments  like Japan,  how could these be involved in BTC and crypto is this was all a ponzi?

Obviously, when you think about it, it makes no sense and it is the uneducated who spread these bad rumours when they could instead learn a little about what the financial future will look like in 5 years...


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Noctis Connor on December 08, 2020, 02:34:02 PM
It is quite common to see a very minimal number of people thinking bitcoin as a ponzi. This is due to the lack of understanding and the way they're used to it. People who haven't known anything about bitcoin and if he tries it out of compulsion, he/she will state it a ponzi. To justify it to be legit we've got lot and lots of facts connected with the cryptomarket.
Maybe because in their country their a lot of ponzi scheme and only people we're invited just to invest and promising to doubled their money within a month or just a day , it is true that other people are lack of knowledge on what they doing and yet still looking for easy money , There's no way to earn money even in trading you need to have knowledge on every decision you made. Bitcoin is per to per and can make big profit in it when you use your mind. It is really hurts when someone talking about bitcoin that it is scam and no one believes it because of people keep destroying the image of bitcoin.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: thesmallgod on December 08, 2020, 04:54:54 PM
you could have show us the proof or evidence that you have found out about bitcoin that make you to come to conclusion that bitcoin is a ponzi. I spent 2 years participating in HYIP and other ponzi scheme and I understand what ponzi is. Nobody is telling you to bring your money to be doubled in few days, no one is in control of the price. The market dictate the price just like many people like you will also think regulated stock is also ponzi in case you show interest. Many people like you always think the price will always be going up so you put your money and the price goes down why you keep thinking it is ponzi scheme


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Renampun on December 08, 2020, 05:21:10 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


it just your mind that Bitcoin is a Ponzi scheme...
Ponzi schemes are only for financial investment products that promise big profits to you on condition. and in fact, Bitcoin is a decentralized crypto currency and is not an investment product that promises big profits and minimal losses if you join.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Natalim on December 09, 2020, 10:53:35 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


it just your mind that Bitcoin is a Ponzi scheme...
Ponzi schemes are only for financial investment products that promise big profits to you on condition. and in fact, Bitcoin is a decentralized crypto currency and is not an investment product that promises big profits and minimal losses if you join.

It's something not everyone who invest in bitcoin knows, even though they invest in a real ponzi scheme, they think they are investing on bitcoin so if it failed which is expected, they put all the blame to bitcoin, which is unfair, their lack of knowledge is ruining the reputation of bitcoin.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Pom_bensin on December 09, 2020, 10:57:42 PM
How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


bitcoin ponzi? why if bitcoin ponzi but bitcoin price is not destroyed or the price doesn't dump? I find it funny to see statements like this that say bitcoin ponzi or something. because it's not proven


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: odolvlobo on December 10, 2020, 01:50:48 AM
Ponzi is Old investors getting payed from new investors

No. That is not a Ponzi scheme. Look it up.

In fact, if that is your definition of a ponzi scheme, then you must believe that most investments, including real estate, gold, silver, options, futures, all currencies, and stocks that doesn't pay dividends, are ponzi schemes.

Anybody that believes that Bitcoin is (or appears to be) a Ponzi scheme doesn't understand Bitcoin, or doesn't know what a Ponzi scheme is, or both.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Pamadar on December 10, 2020, 02:01:42 AM
Peoples frequently get misled by somebody and begin calling it Ponzi. Its been a long time since bitcoin release and individuals are as yet using it and making colossal benefits.

Those who are not into this system are the one who keeps calling it as ponzi or scam types of investment, while for those
who understand the system are already benefiting from this market and enjoying everything.

I think those individuals who call bitcoin a trick or Ponzi plot are less taught in terms of contributing and hold bitcoins.

They are not fully aware, some might invest once and when fluctuations happened they easily moved and lose their  investment.

You need to pay profoundly tolerant when you put your asset in digital money, since it decentralizes it can be up any time

And vice versa, so make sure you are aware and you are willing to take the risk, understanding and knowledge is the key factors
to successfully invest to this market.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Cling18 on December 10, 2020, 02:42:12 AM
I think you still need to educate yourself more about the importance and legitimacy of Bitcoin. A lot of us are living proof that Bitcoin really works and it isn't Ponzi. If you have a bad experience with your past investments in Bitcoin, I think it isn't the Bitcoin itself that you have to blame but the people who scammed you.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Twentyonepaylots on December 10, 2020, 04:11:17 AM
It's been a couple of years now and I still see people thinking bitcoin is a ponzi scheme. Let me clarify this for you OP so you don't spread FUD among the newbies of this industry.

1. Unlike a Ponzi Scheme, here at Bitcoin, nobody's telling you you are going to profit, the secret to profiting here is through calculated trading behavior, timing, and yes, a bit of luck.
2. Ponzi schemes are much like pyramid scams, however here in Bitcoin, it's you, the demand of the public, and the odds that will determine your profits.

Peoples frequently get misled by somebody and begin calling it Ponzi. Its been a long time since bitcoin release and individuals are as yet using it and making colossal benefits. I think those individuals who call bitcoin a trick or Ponzi plot are less taught in terms of contributing and hold bitcoins. You need to pay profoundly tolerant when you put your asset in digital money, since it decentralizes it can be up any time

You got it. I'm seeing these kinds of posts coming from people who haven't even invested on even a teeny weeny bit of bitcoin. Perhaps they may wanna do their own research, instead of basing their claims by word of mouth.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Indriahimovie on December 10, 2020, 04:20:08 AM
Who thinks Bitcoin looks like a Ponzi, that's wrong thinking. There are a lot of people who have a disadvantage investing in Bitcoin, they don't know the real Bitcoin, they only know as much as hear about Bitcoin, if they studied Bitcoin deeply, analyzed it and felt its benefits, maybe they wouldn't say that.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: bryant.coleman on December 10, 2020, 05:02:14 AM
Who thinks Bitcoin looks like a Ponzi, that's wrong thinking. There are a lot of people who have a disadvantage investing in Bitcoin, they don't know the real Bitcoin, they only know as much as hear about Bitcoin, if they studied Bitcoin deeply, analyzed it and felt its benefits, maybe they wouldn't say that.

Investing directly in Bitcoin is one thing, and investing in some of the shady cryptocurrency projects is another. In 90% of the cases, the scam project has hardly anything to do with Bitcoin (examples are OneCoin and PlusToken), but the payments are being received mostly in BTC and ETH. The victims pay these scammers with their BTC/ETH, and when the promoters vanish with these funds the media is quick to highlight the Bitcoin link.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: fishbonez11 on December 10, 2020, 06:06:50 AM
If Bitcoin is a Ponzi, Gold is a ponzi also. People decide what value they want to put in a thing. No one is forcing anyone to buy or trade Bitcoin, its all up to you. Unlike ponzi, Bitcoin gain its value from people's demand. Just like any other store of money, Bitcoin has really no value (same as the paper money), but a community decide to out value on it. Bitcoin is more than just the traditional way of storing money, it makes a revolutionary system where holders has full control over their fund.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Abiky on December 10, 2020, 05:24:04 PM
Maybe because in their country their a lot of ponzi scheme and only people we're invited just to invest and promising to doubled their money within a month or just a day , it is true that other people are lack of knowledge on what they doing and yet still looking for easy money , There's no way to earn money even in trading you need to have knowledge on every decision you made. Bitcoin is per to per and can make big profit in it when you use your mind. It is really hurts when someone talking about bitcoin that it is scam and no one believes it because of people keep destroying the image of bitcoin.

People who experience losses often claim Bitcoin is a scam or Ponzi, as they believe it's a "get rich quick scheme". They don't care about the currency itself as long as their pockets are filled with money. If Bitcoin would've been rising non-stop in price, we would expect more people to express their support to it. But that's not the way Bitcoin works as people are the ones who truly determine its price on the market. It'll have its constant ups and downs in price just like stocks listed on the stock market. The only difference is Bitcoin's huge volatility in price compared to traditional stocks.

As long as Bitcoin remains the target of mainstream governments and central banks, it'll face criticism from the public. The vast majority of people in the mainstream world are afraid of Bitcoin because they believe it's a scam or Ponzi scheme. Add to that hacks and theft, and you'll see why so many people continue to use Fiat on top of Bitcoin today. As I've said before, the decent number of supporters backing Bitcoin should keep it going for a very long time. It doesn't matter what the mainstream media and governments say about Bitcoin, as long as the same delivers as promised. Decentralization and censorship resistance is what it's all about in order to deliver sound money to the world. Bitcoin has enabled people to be owners of their money for the first time in history. I'm sure that someday the public will understand that Bitcoin is a legitimate alternative to the current monetary system. In the meantime, expect some level of skepticism from most people in the mainstream world. Just my thoughts ;D


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: BlackHatCoiner on February 12, 2021, 08:43:28 AM
There is More proof and evidence that it is ponzi.
A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. The scheme leads victims to believe that profits are coming from product sales or other means, and they remain unaware that other investors are the source of funds. This is what a Ponzi scheme is. Bitcoin isn't a ponzi scheme because it doesn't do that.

If you believe that bitcoin is a ponzi, then A) it should have been corrupted by now and B) you should believe that stocks, gold and other assets are all ponzis, because they neither do what a ponzi scheme does.

So yes, you either don't know what is bitcoin or ponzi or both.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: PonZZ on February 12, 2021, 08:57:44 AM
Bitcoin is not a ponzi scheme is simply because it is money. It’s just as easy to call the USD a ponzi scheme because it has equally as little inherent value as bitcoin does. The only reason Bitcoin and the USD have value is because people believe it does.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: siopis on February 12, 2021, 09:31:39 AM
Bitcoin exist and has believers since 2009.... so if it is a ponzi then is probably the most successful ponzi ever......


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Lorence.xD on February 12, 2021, 09:39:15 AM
If Bitcoin is a Ponzi, Gold is a ponzi also. People decide what value they want to put in a thing. No one is forcing anyone to buy or trade Bitcoin, its all up to you. Unlike ponzi, Bitcoin gain its value from people's demand. Just like any other store of money, Bitcoin has really no value (same as the paper money), but a community decide to out value on it. Bitcoin is more than just the traditional way of storing money, it makes a revolutionary system where holders has full control over their fund.
That is not how Ponzi works, Ponzi scheme works in a way that one investor's money is doubled because it came from the money of the other investor whilst the other investor waits for his money to double, they recruit people into investing in it and paying the older members. Bitcoin is not a Ponzi in anyway, are there higher entities that pay the old investors when a new investors come in? Absolutely not, because bitcoin is not a scheme, it is half asset and half currency which means that it is affected not only affected by investor but also by supply and demand. Bitcoin also has a limited supply while most Ponzi's will continue as long as there are recruits. People did not decide the value in paper money or gold, the higher class decided and the people trusted their judgment.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: BlackHatCoiner on February 12, 2021, 09:40:36 AM
Bitcoin exist and has believers since 2009.... so if it is a ponzi then is probably the most successful ponzi ever......
It wouldn't be the most successfully ponzi, because it doesn't fulfill the necessary conditions of a ponzi! On a ponzi scheme, as I wrote above, investors lure the recent investors to deposit funds believing that they'll have profit. On bitcoin there is no form of fraud. There is no Charles Ponzi that can take everyone's funds and leave anytime.

Bitcoin can't be a ponzi.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: siopis on February 13, 2021, 11:10:08 AM
bitcoin is NOT a ponzi, on the other hand USD is a ponzi and here is why:
1) You always know how many bitcoins are in circulation but you DONT know how many USD are
2) once you get the bitcoins in your hand IS TRULY YOURS, no body can control your bitcoin on the other hand
there is nothing you can do in order to save your $$ from the systemic government corruption
they can freeze your bank account, they can empty your bank account and EVEN if you bury your money in the land they will still be able to
rob you by printing new money. No matter how much $$ you earned , you never are truly owner of your wealth unless if you exchange your $$ with bitcoins
3) Bitcoin DIDN'T promise me anything, once I bought 1 bitcoin the only promise I got is that I will always have 1 bitcoin. Everything else are promises you get
only from the government corruption which leads people to avoid fiat currency.
4) Nowadays , universities are offering cryptocurrency technology lessons and all banks are experimenting with blockchain technology, do you really think that
all these people are stupid enough to fall for a ponzi sheme? I do not think so!

And something else

All currencies benefit from new adopters and lose every time the adoption falls , if the biggest 200 corporations of the planet tomorrow STOP accepting payments in USD$ then with 1 USD $ you won't be able to buy 1 cent of EURO.... 


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Rruchi man on February 13, 2021, 03:30:45 PM
For something to look like something doesn't mean it is the main thing. Pinzi is a scheme to siphon and gather resources from people in a bid to swindle them under the pretense of an investment with a ridiculous profit margin. Bitcoin can be used for ponzi, but it is not Ponzi itself.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Abiky on February 17, 2021, 05:26:18 PM
Bitcoin is Ponzi for those who don't know using bitcoins.
Actually, we should invest as much as we can afford to lose.
Without any knowledge, people continue placing their cash in bitcoin for the present moment, and when they came to know bitcoin is falling, they begin calling it Ponzi or trick coins.
Bitcoin is not a scam; However, it is being used in many fraudulent activities

Exactly. It seems to me that most people don't understand that Bitcoin is all about. If they did, they're wouldn't be spreading misinformation that it's a "scam" or a "Ponzi scheme". Such ignorance from those who believe everything central banks and governments say against Bitcoin. It's important to keep in mind that Bitcoin is not about making money, but being an alternative to the current monetary system. Losing money with wild fluctuations in price, isn't a reason to believe Bitcoin is a scam or a Ponzi. The fact that no single entity controls Bitcoin, tells us that the cryptocurrency is truly legitimate. Decentralization and censorship-resistance is all that matters in order to give people control over their own financial life.

Nonetheless, I believe that Bitcoin will do fine regardless of what some people think about it. The decentralized and open source nature of Bitcoin will keep it going for many generations. Eventually, everyone will realize that Bitcoin is a legitimate and truly unstoppable cryptocurrency. But this will take some time, as crypto/Blockchain tech is still not mature in the mainstream world. Just my thoughts ;D


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: milewilda on February 17, 2021, 05:33:13 PM
Bitcoin is Ponzi for those who don't know using bitcoins.
Actually, we should invest as much as we can afford to lose.
Without any knowledge, people continue placing their cash in bitcoin for the present moment, and when they came to know bitcoin is falling, they begin calling it Ponzi or trick coins.
Bitcoin is not a scam; However, it is being used in many fraudulent activities

Exactly. It seems to me that most people don't understand that Bitcoin is all about. If they did, they're wouldn't be spreading misinformation that it's a "scam" or a "Ponzi scheme". Such ignorance from those who believe everything central banks and governments say against Bitcoin. It's important to keep in mind that Bitcoin is not about making money, but being an alternative to the current monetary system. Losing money with wild fluctuations in price, isn't a reason to believe Bitcoin is a scam or a Ponzi. The fact that no single entity controls Bitcoin, tells us that the cryptocurrency is truly legitimate. Decentralization and censorship-resistance is all that matters in order to give people control over their own financial life.

Nonetheless, I believe that Bitcoin will do fine regardless of what some people think about it. The decentralized and open source nature of Bitcoin will keep it going for many generations. Eventually, everyone will realize that Bitcoin is a legitimate and truly unstoppable cryptocurrency. But this will take some time, as crypto/Blockchain tech is still not mature in the mainstream world. Just my thoughts ;D
Negative words cant really be taken out into this market specially with bitcoin even into those early years where bitcoins adoption or recognition didnt still take off where doubts and hesitance
are evident due to media bad publicity and government negative words or attacks towards it but it still it do able to withstand the test of time and it seems these words doesnt really effect
anymore into it.Just let those people do talk and tell all they want but for sure they would really be changing up their minds once they had able to study and research about bitcoin even more.
They will really be changing up their views and would turn into a believer or supporter instead.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: SmokerFace on February 23, 2021, 08:08:19 AM
Ponzi for those who don't know how to use bitcoins.
Actually, we should invest as much as we can afford to lose.
Without any knowledge, people continue placing their cash in bitcoin for the present moment, and when they came to know bitcoin is falling, they begin calling it Ponzi or trick coins.
Bitcoin is not a scam; however, it is being used in many fraudulent activities


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: Smartvirus on February 23, 2021, 10:43:15 PM
I don't know what your bases are to have concluded on btc to be some sort of ponzi scheme or operated on a ponzi principle but, i'm very much happy to put it to you @OP and those alike that, btc is never a ponzi scheme. Saying btc is a ponzi kind of set up is more like you saying your local fiat is a ponzi! It doesn't make sense right? That's it!

Bitcoin is a currency and nothing more. It's uses has nothing to do with it rather than exchange and value. What makes a ponzi what it is, is the scheme, how it operates. No doubt btc can be used as a payment media withina ponzi scheme but that's it, just a media due to its value as an exchange commodity.

A ponzi, is a scheme that encompasses referrer programs and getting new users into the system so as to pay old users from funds generated from new users and down lines. It's a pyramidal thing and bitcoin is nothing of such. That's the difference.

Viewing Bitcoin as some sort of ponzi is a misconception and should be erased from your thoughts.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: carlfebz2 on February 23, 2021, 10:48:26 PM
Ponzi for those who don't know how to use bitcoins.
Actually, we should invest as much as we can afford to lose.
Without any knowledge, people continue placing their cash in bitcoin for the present moment, and when they came to know bitcoin is falling, they begin calling it Ponzi or trick coins.
Bitcoin is not a scam; however, it is being used in many fraudulent activities

You would really be seeing these kind of comments to those who are just new or simply noob into this investment where they do believe that they can definitely make money if they do tend to get involved with btc

without even realizing or knowing on what are the risk and probabilities of losing their money and now they do whine and telling its a scam or ponzi.Those are common criticisms that until now people do still
throw to btc but those no coiners would definitely changed up their mind later on when they do realized up things.

On the time they do leave out this market or disengage with bitcoin then they are losing lots of opportunities to make money.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: CarnagexD on February 23, 2021, 11:18:33 PM
At the surface, people see bitcoin as a get rich quick way out of poverty, so when they lose their money in it, they start calling it as scam or ponzi. Bitcoin is not Ponzi because despite what the charts and news show, there is no 100% guarantee that you will make a killing with bitcoin. You can invest of course, but investing in bitcoin entitles you with the fact that you should be aware of the repercussions of your actions.


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: kotajikikox on February 24, 2021, 12:02:44 AM
Ponzi for those who don't know how to use bitcoins.
and also Ponzi for those who have no funds to invest that's why they are detracting Bitcoin for the People to support their Shitcoins that they can only afford to Invest lol.
Quote
Actually, we should invest as much as we can afford to lose.
This Has been said tons of time but still People are noob to understand and follow the rules.
Quote
Without any knowledge, people continue placing their cash in bitcoin for the present moment, and when they came to know bitcoin is falling, they begin calling it Ponzi or trick coins.
Panic people , they are the one who has no knowledge at all but instead dragging themselves inside to make money.
Quote
Bitcoin is not a scam; however, it is being used in many fraudulent activities

Even paper Money Has been used for fraudulent activities so what can be the difference ?


Title: Re: People Say btc is Not ponzi but its look like ponzi
Post by: PointHope on February 24, 2021, 04:34:33 AM
Bitcoin = Trustless Accountability

Not even the same universe as greedy ponzi crooks.