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981  Bitcoin / Bitcoin Discussion / Re: Bitcoin Ponzi scheme or not on: January 06, 2015, 10:29:04 PM
the paper money have intrinsic value. your gov give value,the assets, the whole economy is based on the paper money.

Lol. A jug of fresh, drinkable water has more "intrinsic value" than a ton of printed paper  Grin


Who gives value to Bitcoin? Propaganda and the new fools.

Bitcoin is developed allowing the creator and his friends to easily mine approx 1/3rd of the total potential supply before going public.
Bitcoin start trading and immediately jump in price due to limited supply.
Many fools jump on the bandwagon buying expensive hardware to mine  given the high price per BTC.

Many websites appear that add the tag exchanges to them to give the air of authority that suck in entrants by producing graphs and data that gives the illusion of rising prices and volume of trading when in reality they are nothing more than Ponzi scams

Let me ask you a question. Do you think that stocks are Ponzi scams? What about IPOs, where the owners can "easily mine approx 1/3rd of the total potential supply before going public"?

Stock market IPOs are actually a 100% premine in fiat  Grin So far cryptocurrency is the only radically alternative wealth distribution model that has worked.
982  Bitcoin / Bitcoin Discussion / Re: Bitcoin Ponzi scheme or not on: January 06, 2015, 08:59:58 PM
The only thing that it gives Bitcoin value, it is the perception.

That goes for anything. What's so fucking hilarious is that people think scraps of paper have innate value.

the paper money have intrinsic value. your gov give value,the assets, the whole economy is based on the paper money.

Who gives value to Bitcoin? Propaganda and the new fools.

Bitcoin is developed allowing the creator and his friends to easily mine approx 1/3rd of the total potential supply before going public.
Bitcoin start trading and immediately jump in price due to limited supply.
Many fools jump on the bandwagon buying expensive hardware to mine  given the high price per BTC.

Many websites appear that add the tag exchanges to them to give the air of authority that suck in entrants by producing graphs and data that gives the illusion of rising prices and volume of trading when in reality they are nothing more than Ponzi scams

The first bitcoin developer Satoshi himself has barely touched his mined coins. So that doesn't really support your theory ...

The bitcoin ecosystem, as a decentralized phenomenon has grown organically over time.

I would say the growth of bitcoin can be seen as a process of emergence from complex adaptive systems theory http://en.wikipedia.org/wiki/Emergence

"Goldstein initially defined emergence as: "the arising of novel and coherent structures (e.g bitcoin), patterns (e.g blockchain) and properties (e.g uses of bitcoin and blockchain) during the process of self-organization (e.g growth of mining and bitcoin ecosystem) in complex systems (e.g internet and technological change)".
983  Bitcoin / Bitcoin Discussion / Re: Bitcoin Ponzi scheme or not on: January 06, 2015, 05:34:11 PM
Bitcoin as technology is OK but Bitcoin advertisers want more than a software platform. They want to make money by saying that Bitcoin can replace money. How can replace money when Bitcoin is LIMITED?  what happens next?
2000 people own 75% of all the Bitcoins. Who are these people? tell me that are miners and "investors"  hahaha

A "currency" was created out of thin air and now people are spending funds each for one reason: the belief that some other fool will pay more for it later.

Bitcoin is "attracting hundreds of startup companies and over $100 million in venture capital investments" http://www.forbes.com/sites/johnvillasenor/2014/05/12/the-future-of-innovation-five-things-we-can-learn-from-bitcoin/

This is because of its potential and use cases as an unprecedented technology.

Bitcoin is divisible down to a satoshi or 0.00000001 BTC so this problem has already been solved http://bitcoin.stackexchange.com/questions/114/what-is-a-satoshi It could even be divided down further if necessary Wink

As adoption keeps growing I agree that hopefully bitcoin will, and should, become more evenly spread amongst more users. I am not sure of the exact statistics right now off the top of my head. But it is important to note that barely any of the coins Satoshi originally mined have been touched which seems to show he was not motivated by money.

The Internet was created out of thin air too and look at the role it plays in our lives now. Early risk takers who invested heavily in the Internet also received great rewards for their vision. For example Elon Musk and Paypal Wink
984  Bitcoin / Bitcoin Discussion / Re: Bitcoin Ponzi scheme or not on: January 06, 2015, 05:08:37 PM
Bitcoin is like a ponzi scheme.
No new comers, the price is falling ,right?

More new comers, the price is raising Smiley  same for HYIPs. they last as long there are new comers.
yes, the Bitcoin system itself can last but useless if nobody is using it.

Now, Bitcoin is used for cyber crimes and speculative investment(short period of time).

Seriously are you guys getting paid for this or something? I don't see why people would waste their life on a forum just to trash talk something all day.

There more people using bitcoin than ever before and the price of a bitcoin is irrelevant when it comes to the technology.

You seem vexed.

I'm not vexed just annoyed by all the sockpuppets here saying things that ARE NOT TRUE. If anyone represents something false as true it annoys me no matter what the subject matter is.

World Bank says bitcoin is not a ponzi scheme https://www.cryptocoinsnews.com/world-bank-bitcoin-not-ponzi-scheme/

...
When there will not be any new fouls to "invest" in Bitcoin, the system will collapse.
...

Bitcoin will not collapse if nobody "invests". It does not need investors. It works well regardless of the value of a bitcoin.

This is also true bitcoin is first and foremost a technology. People buying bitcoin has zero effect on the technology of the blockchain functioning as it should. The idea of blockchain is a primary technological innovation.


who said something about the Bitcoin tech? it's like you said "that HYIPs is using PHP for its website". So what? PHP is used for many application.

Bitcoin system is a bubble as it is now. Yes, there are a lot of interests around it because some people make a lot of money from new comers but it's a bubble in the end. Smiley

That's why "you" need to appear in the news, conferences and so on.

What would this "blockchain " without the new so called "investors", without money? why do you need the Bitcoin to be "traded"?
make  1 BTC = 1 USD and done. no price fluctuation Smiley

No, you need the price fluctuation in order to get new fouls otherwise will be like any other e-currency.


php is a relatively old technology and people who participate in HYIP's run from php script scam websites do not participate in php technology in the same way bitcoin users do with the blockchain. The blockchain has many uses and is still in its infancy. A php script scam website is not participating in changing technology in any way whatsoever. Bitcoin services, major investments in many bitcoin projects, and the blockchain itself is an unprecedented technology.

Charles Hoskinson says Bitcoin-related technology is about to revolutionise property rights, banking, remote education, private law and crowd-funding for the developing world. https://www.youtube.com/watch?v=97ufCT6lQcY

http://www.forbes.com/sites/johnvillasenor/2014/05/12/the-future-of-innovation-five-things-we-can-learn-from-bitcoin/

https://bitcoin.org/bitcoin.pdf

There are much more articles out there but I am not going to waste any more time on this joke of a thread.

There are many uses for bitcoin blockchain.

I don't need to appear in the news at all. Bitcoin is a decentralized technology and no one individual owns it. If you are thinking of bitcoin as a company shows how little you understand it. It is nothing "like any other e-currency" at all.

The technology has everything to do with it. Bitcoin is at its core an unprecedented technology and even the World Bank agrees it is not a Ponzi but of course you must be right  Roll Eyes
985  Bitcoin / Bitcoin Discussion / Re: Bitcoin Ponzi scheme or not on: January 06, 2015, 03:30:56 PM
Bitcoin is like a ponzi scheme.
No new comers, the price is falling ,right?

More new comers, the price is raising Smiley  same for HYIPs. they last as long there are new comers.
yes, the Bitcoin system itself can last but useless if nobody is using it.

Now, Bitcoin is used for cyber crimes and speculative investment(short period of time).

Seriously are you guys getting paid for this or something? I don't see why people would waste their life on a forum just to trash talk something all day.

There more people using bitcoin than ever before and the price of a bitcoin is irrelevant when it comes to the technology.

You seem vexed.

I'm not vexed just annoyed by all the sockpuppets here saying things that ARE NOT TRUE. If anyone represents something false as true it annoys me no matter what the subject matter is.

World Bank says bitcoin is not a ponzi scheme https://www.cryptocoinsnews.com/world-bank-bitcoin-not-ponzi-scheme/

...
When there will not be any new fouls to "invest" in Bitcoin, the system will collapse.
...

Bitcoin will not collapse if nobody "invests". It does not need investors. It works well regardless of the value of a bitcoin.

This is also true bitcoin is first and foremost a technology. People buying bitcoin has zero effect on the technology of the blockchain functioning as it should. The idea of blockchain is a primary technological innovation.
986  Bitcoin / Bitcoin Discussion / Re: Bitcoin Ponzi scheme or not on: January 06, 2015, 03:13:30 AM
ponzi because once the buying stops we see bearmarkets like this

So by your reasoning the USD is a ponzi too? Forex markets work the same way.
987  Bitcoin / Bitcoin Discussion / Re: Bitcoin Ponzi scheme or not on: January 06, 2015, 03:05:02 AM
Bitcoin is like a ponzi scheme.
No new comers, the price is falling ,right?

More new comers, the price is raising Smiley  same for HYIPs. they last as long there are new comers.
yes, the Bitcoin system itself can last but useless if nobody is using it.

Now, Bitcoin is used for cyber crimes and speculative investment(short period of time).

Seriously are you guys getting paid for this or something? I don't see why people would waste their life on a forum just to trash talk something all day.

There more people using bitcoin than ever before and the price of a bitcoin is irrelevant when it comes to the technology.
988  Bitcoin / Bitcoin Discussion / Re: Bitcoin Ponzi scheme or not on: January 06, 2015, 02:39:13 AM
In the world of cybercrimes, it is a LOT more transparent and anonymous than using any other form of money transfer.  Fiat is a moot point in this discussion.  We're talking about cyber technology, and this is why bitcoin has become a safe haven for fraudsters and scammers alike.   Let's not live in a dream world here...about half the threads in the for sale section, large IPO'S, and loan sections are potential or already exposed scams.  Why?

Because the scammer can just generate a new bitcoin address with the click of a mouse button, and get paid instantly and cash out without a single trace of information regarding their name, address, or location.    How many of the scammers on here have been caught and prosecuted? lol

And there is ZERO recourse for them scammed.  Sure, they can go on a witchhunt trying to piece together IP locations and make an educated guess...but the bitcoin blockchain isn't going to refund them.  And local authorities will laugh at them.  

It's basically a western union moneygram with much greater anonymity. At least with moneygrams, you still have to provide identification and legitimate documentation. With proxies or a shared computer, scammers can basically leave a non existent paper trail with bitcoin.


And that includes people that we trust the most (exchanges).  So basically, if you can't trust exchanges or a fellow peer on a forum (because you don't even really know who they are)...what good is bitcoin?

At least with a local bank you can choose which ones are FDIC insured and backed by the government so you can get your money back in the event of a heist.

Not a Ponzi scheme.  Just a technology majority used by scammers and fraudsters solely because of its anonymity and transparency.  Big difference, but the end result is essentially the same.

Bitcoin is not anonymous. Also you are saying scammers use bitcoin because of its transparency? That makes zero sense. In raw dollar figures something like 99% of scams, frauds and ponzis are in fiat. I saw on the news the other day a forex company disappeared with 10 billion USD of funds. That is more than the worth of ALL bitcoins put together.

So much misinformation around the forums these days Cheesy

Fiat isn't a moot point you said most scammers use bitcoin and I just explained to you that most scams are in fiat. And you're on this forum why?

Was your counterpoint supposed to be some refreshing revelation? Of course fiat would be first, because it's also the most widely used and accepted form of payment worldwide.   Again, I'm referring to cyber crimes...or are we not on an internet forum?  I'd also go on to argue it's probably one of the most rampant forms of payment used in scams on a percentage basis (based on how many are out in circulation) of any other cyber payment used, for those same points I noted earlier.


I'm on here for the same reason you are.  To share ideas/discuss.  Oh, I forgot.  Anyone against your 'agenda' isn't welcome, amirite?  Nothing like a pump shiller dictatorship. Smiley

Shelter companies and offshore bank accounts would have way more money in them from the proceeds of cybercrime than the worth of all the bitcoin put together. I can see by a quick glance at your post history you are here to tell everyone how bad bitcoin is. Have fun with that Smiley
989  Bitcoin / Bitcoin Discussion / Re: Bitcoin Ponzi scheme or not on: January 06, 2015, 02:28:06 AM
In the world of cybercrimes, it is a LOT more transparent and anonymous than using any other form of money transfer.  Fiat is a moot point in this discussion.  We're talking about cyber technology, and this is why bitcoin has become a safe haven for fraudsters and scammers alike.   Let's not live in a dream world here...about half the threads in the for sale section, large IPO'S, and loan sections are potential or already exposed scams.  Why?

Because the scammer can just generate a new bitcoin address with the click of a mouse button, and get paid instantly and cash out without a single trace of information regarding their name, address, or location.    How many of the scammers on here have been caught and prosecuted? lol

And there is ZERO recourse for them scammed.  Sure, they can go on a witchhunt trying to piece together IP locations and make an educated guess...but the bitcoin blockchain isn't going to refund them.  And local authorities will laugh at them.  

It's basically a western union moneygram with much greater anonymity. At least with moneygrams, you still have to provide identification and legitimate documentation. With proxies or a shared computer, scammers can basically leave a non existent paper trail with bitcoin.


And that includes people that we trust the most (exchanges).  So basically, if you can't trust exchanges or a fellow peer on a forum (because you don't even really know who they are)...what good is bitcoin?

At least with a local bank you can choose which ones are FDIC insured and backed by the government so you can get your money back in the event of a heist.

Not a Ponzi scheme.  Just a technology majority used by scammers and fraudsters solely because of its anonymity and transparency.  Big difference, but the end result is essentially the same.

Bitcoin is not anonymous. Also you are saying scammers use bitcoin because of its transparency? That makes zero sense. In raw dollar figures something like 99% of scams, frauds and ponzis are in fiat. I saw on the news the other day a forex company disappeared with 10 billion USD of funds. That is more than the worth of ALL bitcoins put together.

So much misinformation around the forums these days Cheesy

Fiat isn't a moot point you said most scammers use bitcoin and I just explained to you that most scams are in fiat. And you're on this forum why?
990  Bitcoin / Bitcoin Discussion / Re: Bitcoin Ponzi scheme or not on: January 06, 2015, 02:18:57 AM
Not a Ponzi scheme.  Just a technology majority used by scammers and fraudsters solely because of its anonymity and transparency.  Big difference, but the end result is essentially the same.

Bitcoin is not anonymous. Also you are saying scammers use bitcoin because of its transparency? That makes zero sense. In raw dollar figures something like 99% of scams, frauds and ponzis are in fiat. I saw on the news the other day a forex company disappeared with 10 billion USD of funds. That is more than the worth of ALL bitcoins put together.

So much misinformation around the forums these days Cheesy
991  Bitcoin / Bitcoin Discussion / Re: Bitcoin Ponzi scheme or not on: January 05, 2015, 11:35:44 PM
I want to know if anybody in the Bitcoin community think that Bitcoin is a big ponzi scheme like Bernie Madoff. If so please vote Yes or No. Also, please explain why you think that.

bitcoin seems more like a collective delusion.

this will explain you more :

http://www.zdnet.com/article/bitcoin-confidence-game-is-a-ponzi-scheme-for-the-21st-century/

http://www.garynorth.com/public/11828.cfm

Thank you for these very balanced articles that go into such depth on how Bitcoin really is an entirely new technology! NOT Cheesy

Blockchains will be used for all kinds of things in the future this is just the beginning.
992  Bitcoin / Bitcoin Discussion / Re: Bitcoin Ponzi scheme or not on: January 05, 2015, 11:29:05 PM
Voted no. Bitcoin is essentially a technology! Would you say the Internet is a ponzi scheme?  Cheesy
993  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [GMC]▬►► GamersCoin | For Gaming and more| Poloniex| Bittrex ◄◄▬ on: January 05, 2015, 11:24:17 PM
Never heard back from Bob about a partnership between GMC and our gaming cryptocurrency HYPER.
994  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER ~ Disruptive Game Currency ~Poker Site ~ On Bloomberg ~MMO ~5% PoS on: January 05, 2015, 11:17:34 PM

Great thanks!

New video coming soon to help gamers understand the flow of this coin a bit better with a well made tutorial.  Standby for Launch.

I will get the info to you over the next couple of days. Really busy  Wink The main HYPER gaming competitions and events can be seen at: https://bitcointalk.org/index.php?topic=624651.msg10024244#msg10024244

CSGO : $15
TF2 : FREE
Assetto Corsa: $50
Minecraft: $27
Rust: $20
Garry's mod: $10
Starmade: $10

Total: $132

Is my calculations correct? that is a expensive bundle. and I guess many of you already own some of them. Need suggestions!

What about a bundle for the HYPER Monthly Blitz games where the top player each month wins 1000 HYPER? That would only be Counter-Strike, CS:GO and TF2 Wink

That could work! $25 dollars then:)

Let's do that to start Wink I'm sure we will get more indy game developers on board with Hyperbundle soon!

Also I am finalizing the HYPER Android game we will be making with the developer. I should have a big announcement about the first HYPER Android killer gaming app within a week or so  Grin
995  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ★★★★★ AltCoinCalendar ★★★★★ on: January 05, 2015, 10:56:59 PM
Hi Altcoincalendar team!

HYPER would like to purchase more advertising on your site.

My emails to you keep bouncing can you please PM me so we can advertise HYPER again?
996  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER ~ Disruptive Game Currency ~Poker Site ~ On Bloomberg ~MMO ~5% PoS on: January 05, 2015, 10:54:22 PM
CSGO : $15
TF2 : FREE
Assetto Corsa: $50
Minecraft: $27
Rust: $20
Garry's mod: $10
Starmade: $10

Total: $132

Is my calculations correct? that is a expensive bundle. and I guess many of you already own some of them. Need suggestions!

What about a bundle for the HYPER Monthly Blitz games where the top player each month wins 1000 HYPER? That would only be Counter-Strike, CS:GO and TF2 Wink
997  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER ~ Disruptive Game Currency ~Poker Site ~ On Bloomberg ~MMO ~5% PoS on: January 05, 2015, 08:30:01 PM
Guys, we need suggestions for what games we can include in our first bundle for http://hyperbundle.com/ Smiley

Indie games will be great. Any suggestions is good! It will be something similar to humblebundle, "pay x or more to unlock !"

We should definately include keys of games we already support. Not sure how we'd obtain them, but if we had games that already support HYPER, that would only build on our popularity.

Example : CS GO, Rust, etc. They all support HYPER, so why not include them in a bundle? Cheesy

This was actually the best idea so far. Will put all prices together and see what we can do about it! Smiley

This is a great idea. A bundle of all HYPER supported games! We can sell the steam codes for them as a package on http://hyperbundle.com. Would be a good start Wink

Guys, we need suggestions for what games we can include in our first bundle for http://hyperbundle.com/ Smiley

Indie games will be great. Any suggestions is good! It will be something similar to humblebundle, "pay x or more to unlock !"

This would be an awesome idea! I think going with an RPG-based pack would be good.

Please tell me if you got  any RPG games you would like me to add!

Do you know any indy RPG developers ranlo? Wink

I actually don't... the closest thing I can think of would be for a MMORPG named The SKIES. It's developed by a group called EFORB, and they're based in Ukraine. I've done a bit of coverage on The SKIES, but they're still in the early stages right now.

Let me know if you think they would be interested in integrating HYPER into their MMORPG in some way. A bounty would be offered of course.

Would an article seeking game developers to integrate HYPER into their projects fit into your site? Wink

Mine's more for end users. With that said, I do a ridiculous amount of PR with regards to games (meaning I have a lot of contacts in the game industry). Getting into a AAA game would be monumental for HYPER, but it'd also be the toughest. AAA being things like Final Fantasy XIV (I believe it has 4 million subscribers paying $15 a month), WoW (which is now up to 16 million at $15/mo), TERA/RIFT/GW2 (which are all at over a million but are free to play with cash shops for income), etc.

Indie studios would definitely be an easier target, and especially those from other countries where payments can get expensive. EFORB would be a great one, for example.

I'll definitely put some thought into how to handle this, Smiley. I already have contacts in EFORB. The tricky part is coming up with the right way to pitch an idea... usually you get one shot.


EFORB on Kickstarter:
https://www.kickstarter.com/projects/eforb/skies-mmorpg

All games:
https://www.kickstarter.com/discover/categories/games

They won't be going after Kickstarter again I don't believe. Their first attempt (which is what your link is to) failed them pretty badly. But about a month ago they got Greenlit on Steam so it wasn't too big of a hold-back. I'm not 100% sure what the plan is right now but I'll ask. Should help get some insight as to whether or not HYPER will fit in with their goals.

HYPERfuture, how should they contact you if they're interested? Or who should they be in contact with?

They can email me hyperfuture(at)hypercrypto.com Wink
998  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER ~ Disruptive Game Currency ~Poker Site ~ On Bloomberg ~MMO ~5% PoS on: January 05, 2015, 05:25:49 AM
Guys, we need suggestions for what games we can include in our first bundle for http://hyperbundle.com/ Smiley

Indie games will be great. Any suggestions is good! It will be something similar to humblebundle, "pay x or more to unlock !"

This would be an awesome idea! I think going with an RPG-based pack would be good.

Please tell me if you got  any RPG games you would like me to add!

Do you know any indy RPG developers ranlo? Wink

I actually don't... the closest thing I can think of would be for a MMORPG named The SKIES. It's developed by a group called EFORB, and they're based in Ukraine. I've done a bit of coverage on The SKIES, but they're still in the early stages right now.

Let me know if you think they would be interested in integrating HYPER into their MMORPG in some way. A bounty would be offered of course.

Would an article seeking game developers to integrate HYPER into their projects fit into your site? Wink
999  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER ~ Disruptive Game Currency ~Poker Site ~ On Bloomberg ~MMO ~5% PoS on: January 05, 2015, 05:02:26 AM
Guys, we need suggestions for what games we can include in our first bundle for http://hyperbundle.com/ Smiley

Indie games will be great. Any suggestions is good! It will be something similar to humblebundle, "pay x or more to unlock !"

This would be an awesome idea! I think going with an RPG-based pack would be good.

Please tell me if you got  any RPG games you would like me to add!

Do you know any indy RPG developers ranlo? Wink
1000  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER ~ Disruptive Game Currency ~Poker Site ~ On Bloomberg ~MMO ~5% PoS on: January 05, 2015, 04:41:03 AM
Guys, we need suggestions for what games we can include in our first bundle for http://hyperbundle.com/ Smiley

Indie games will be great. Any suggestions is good! It will be something similar to humblebundle, "pay x or more to unlock !"

We should definitely announce this on gaming reddits too Wink
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