Again... I want your friends to quote but I haven't got all day to wait for them

It is that my coins are working somewhere else otherwise I would have joined 

Man... You are everywhere I wanted to quote some friends of you. I will in time

It is that my coins are working somewhere else otherwise I would have joined 

It is that my coins are working somewhere else otherwise I would have joined 

It is that my coins are working somewhere else otherwise I would have joined 

It is that my coins are working somewhere else otherwise I would have joined 

Well it is true it is ripping off people.

Just like when I was working as a designer in construction completely legal with permits and taxes and building codes, we still would charge 5 to 10K for a preliminary design, which is completely conform the market prices, but a rip off in my eyes. Most call that business and do not even consider it being ripping off people because well you got to earn a living right?

Just like when I was a reseller of imported stuff, again with permits and taxes all in order, I could easily triple or more on the prices when selling them below the average retail prices, it is a rip off in my eyes while most call that business which again most do not even consider it being ripping off people because well you got to earn a living right?

So yeah now I'm playing in HYIPs and Ponzi's in my spare time. It is ripping off people again. But at least now I am ripping off people that want the easy life and get rich without putting the work into it instead of people that put their hard worked cash into the "legal business" and paying way overpriced stuff.

And don't come with the argument that at least the legal businesses provided a product or a service as a lot of MLM's and Ponzi's had products that they needed to sell as well as "services". A Ponzi could collect data and addresses whenever they would sell key-rings for 0.005 and provide a product that stands for the coins people put in.


So yeah I'm ripping off people again, life will never change. Where is the morality in that? I recognize I am ripping off people in said schemes, but I also do recognize I am ripping off people under the status off "legal business". The only solution would be becoming a low-wage wage-slave and let your employer do the nasty stuff or becoming completely self sufficient and have no business or trades in this (mainly western) world.

Edit to say:


I am just as free to express whatever I want as you are to rain with neg trust. Luckily we all are.

Well when I replied to your post before you extended that it just said "it IS illegal" while it is "it MIGHT be illegal depending on your location. See my first post below yours. I know enough about that to know it is not easy to say it IS illegal.

I know this is bitcointalk   So they read the title and not the glaringly obvious warning of the subforum wherein the schemes are placed?


How do you know that if they found a link on google, opened the lalala.ponzi page, clicked on "forum" and get redirected here (what we have seen a lot). Did they even saw it is bitcointalk and not being blindsided by the BTCBTCBTC in their eyes that made them miss the said warning?

And you say it again:


It might be prohibited for them, no way to be sure it is prohibited for them.
Exactly the same with bitcoin though maybe they can't deny they know it is bitcoin but they sure can deny knowing the law on it pretending being young and uneducated ("someone naive and inexperienced")  

it is a thin line when you project local jurisdiction on an international thing.

And yeah it is a lame thing giving someone negative trust because he is using bitcoin on a bitcoinforum, I agree, it is just as lame as giving noobs negative trust for burning their fingers.

Well now it becomes interesting. And funny.

According to the links in this source: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country in Russia and Thailand bitcoin is considered illegal.

So the question arises, if members give people negative trust because in their jurisdiction it is illegal to participate in a Ponzi, shouldn't we give everyone negative trust because in some jurisdictions it is illegal to trade in bitcoin in general?

That source only talks about the small state of the USA and not the international bitcoin community

In most of the western world organizing these Schemes became illegal in the 90s, in Russia I think it was 2013 but i'm not sure about the year but it was pretty recent. But I am unaware about Asia, Africa and South-America though. And at some places next to organizing participating is illegal too.

As long as there is no clawback (pun intended  ) for the misusage of trust there will be no changes

No man we all know how public services work, they won't read

It is really not that hard to explain. A red trust is a warning. Warnings make you aware something is up. They work because they aren't always around us. But when every participant has the same warning on their profile it loses it's message.

When a noob googles bitcoindoubler and comes to the subforum and sees everyone with with negative trust it is nothing special anymore and I doubt they will check it.

A negative trust, a warning should not be giving lightly in my opinion for that exact reason. It should stand out when visiting a page. And it will lose its message in that subforum when everyone wears that tag.

No need to remove just rename. You never invest in those sites. You can play with them but never consider that investing. "Ponzi's, Pyramids and HYIPs" would be a better name

Nah you cant change his opinion. No need to either, that is his right.

But like I said in another thread it is way better to have small scale Ponzi's in here where people lose a few satoshi where they can learn and experience themselves it how it works. (like you can tell your kids not to touch a heater and they have heard you, but let them touch it one time controlled and they know why). It teaches them to be critical thinkers instead of community sheep later in life and are prepared when the real scammers show up.

So do I now finally get my red tag? I already openly admitted I am a player and still no tag. Or do I need to play first and show my tx before I am eligible?

How many threads do we need on this topic anyway?

yawn

I am a player too so where is my red tag? I admit freely here and now so refer to here.

It may be effective for noobs that don't know how that stuff works, so now they can concentrate again on the housewifes making $300 per day. Maybe they can go Timesharing. Those schemes were around long before crypto and most cash circulating in those schemes isn't crypto at all. There is too much money involved outside of crypto to just kill them with a negative trust rating.

Personally I think placing them in the sub investor-based games is sufficient although I wouldn't call it investing. Just rename it to "Ponzi's, Pyramids and HYIPs" and it will all be good.

So I get that you give negative trust to operators and I even get the negative rating for refspammers and signature spammers. But to give negative trust to participants makes the trust in my opinion pretty obsolete. Ok I got to admit I read trust, I like the mudthrowing but does it give me the sense it is important? hell no. Regular players will just open a Ponzi account here if they care about the trust system. Noobs will get negative trust for their learning process given by the ones having their own agenda they call "for the community". But then they will never learn, experience is the best way of learning and what are the noobs investing here? 0.002 to 0.01? That is a whole different level then taking a second mortgage for a good deal. I would definitely prefer they learn here losing their giveaways and faucets then being held off by the community and the fall for it eyes wide open with a much bigger pile of coins to lose. The subforum where they gather now is small in the sense of what people put into it. Ok some regulars play bigger but I never seen life savings being thrown around in that subforum "investor-based games". Now cloudmining is a different story though  

In my opnion as long as they haven't proven they are actually mining they should be placed in "Ponzi's, Pyramids and HYIPs"

So what is next, first kill the obvious Ponzi's and then getting bored? Maybe pick up gambling, ok it is legitimate but it ruins a lot of people. Everywhere in life, in every community there is always a shady gutter. There is always something in the closet, there is always a darkroom. In my opinion it is best to keep that open and clear nicely tuck away in a subforum.

 

That is just lame. Warning people ok I get that that but giving everyone a negative trust who knows how the sub investor-based games works and willingly choose to participate with knowing the risks is just lame. What is that ... running out of cloudmining schemes to hang around?  

Yeah that is one way to make the trust system even more useless then it is now 

I think trust is only useful when you consider trading or lending with someone, but that is just me.

I want a red tag for posting here, would be fun