Bit Coin is a Ponzi Scheme

[davit putra]

Is it because of this decline that you think of bitcoin as a ponzi scheme, I think you are too panicked and see bitcoin from a negative point of view. Try to be calm, get rid of negative thoughts, I think your condition will be much better.

[AimHigh]

You are very wrong on what are you saying  bitcoin is not a ponzi if this is why are you here on the forum of bitcoin you are crazy man. You are one of those people who are saying bitcoin is ponzi but you are also using it I think you need to research more for you to make a realization that bitcoin is not ponzi and for you not to be a negative thinker.

[Jigsawman082076]

All I can say about this is that bitcoin is not a ponzi scheme or whatever scam that you may think of because we all know that all the other crypto currencies out there nowadays are based on bitcoin and all their market values are also dependent on bitcoins market value and I personally earn a lot of me thru all those crypto currencies so I personally believe that bitcoin is really true and not just a ponzi scheme.

[tranquangvinh]

What's a Ponzi Scheme ? do you understand it ? if bitcoin is a ponzi scheme , do you think so many people have been fooled by  Satoshi Nakamoto ? no , I think you have some mistakes about the  ponzi scheme , you need to understand it  before posting this post .

[aliceHortrex]

Bit coin is a Ponzi scheme. Don't listen to the bit coin shills on here. The newcomers buying into bit coin and driving up the price are just making the early adopters richer.

That's how stupid people are. A sucker is born every minute. But YOU don't have to be one like all the other bit coiners.

The USD is a valid currency because people are required by law to recognize it's value. It has value because the most powerful superpower on the face of the Earth uses it and backs it.

Where does bit coin get its value from? Some computer nerds living in their mothers' basements and Chinese speculators who say it has value? The few online drug dealers who accept it?

If you can't figure out that buying into a totally faith-based economy, with no regulation whatsoever, of a imaginary currency that only exists virtually, through a broker that has no compelling reason to give you any of your money back other than possible negative word-of-mouth, is a bad idea, then maybe you should really consider spending less time speculating on BTC and more time getting remedial education.

What nonsense! You probably forgot that Apple and Microsoft were created by nerds in basements who lived with their moms? And now they are the main people of the planet. The value of the currency is its value and the ability to use in the real world to buy certain things. Bitcoin fully copes with this task by 100%.

[ansarose1]

I remember when i first heard about bitcoin and cryptocurrency, the first thing comes out of my mind about bitcoin is just a fraud and a ponzi scheme. However it turns backwards when i join this forum, i have read that bitcoin is real and not a ponzi scheme that many people thinks it is.

[syntac]

so far I have been in the world of bitcoin fine and there are no obstacles whatsoever, instead I thank Bitcoin, because as long as I play with bitcoin ... my economic life is more advanced and modern, far from the previous words. and what you need to know, the poverty rate in my country has decreased dramatically because the presence of bitcoin can change everything.

[ardentvolcanoes]

Bitcoin isn't a Ponzi Scheme. A Ponzi Scheme is more like a 7 world wonder that ripples itself from just the very starting point. But bitcoin trade and exchange is more like an investment and it's guided by all basic rules of investment and also have all its basic features. A Ponzi scheme if logically calculated, can not have an end. It's more like the multiplication table, you have to add a part from point A to give to point B to satisfaction. And this is clearly not what bitcoin is.

I am sure that in the nearest future it will be also used widely as the currency. Many people will prefer to choose it more often that even the traditional money. And naturally, Bitcoin is not a ponzi scheme.

Needs to fully understand the purpose of this alternative currency so people who thinks that this still just a ponzi will know that there's real usage
it is just needed to be well adopted and well consume by major establishment and for sure sooner or later many people will start to adopt this system
it can help  a lots in term of payment transactions.

[electron-coin]

I think that the fact that thousands of people donate their USD, which the most powerful superpower on Earth uses and supports, for these bitcoins, which are popular only thanks to "some computer nerves living on their mothers' basements and Chinese speculators", says a lot.
We must take into account the pace of development of the world. The current monetary systems are already outdated and they cant be as convenient as cryptocurrency. Therefore, they will be replaced by crypto currencies over time.
There are also many people who disagree with the current banking system and how it works. Therefore, these people are happy to use and will use crypto currencies. And all this doesn't stop just because bitcoin came from nowhere, and USD is a world currency.

[felicita]

lol your accoutn has now 80 posts of shit against bitcoin XD
But why oyu wasting so much time here in the forum when you think its a ponzi ?


regards

[DAVETUN]

You need to learn before posting, Ponzi Scheme is a form of fraud that tends to pay investors from a none existing  product, but pay profits to early investors, Bitcoin is a digital currency that has been in existence for over 8 years, which can be access globally, It's price variation is base on the law of demand and supply.

[Inosend]

Hello dear poster I want to confirm if you are using an Android phone, if yes,  please go to play store and download OXFORD ENGLISH DICTIONARY  and check the real meaning of ponzi scheme thank you

[TheKeyLongThumbI]

It's a disruptive technology and those old people that has great control in the economics and financial world does not want to adapt to its new system. They hate bitcoin because they don't want to change the currencies that they own too much and they want it to stay that way because in fiat, that is where they are good at. It's time for change so bitcoin will stay and not just a ponzi scheme.

[TecScout]

It is an investment in a new payment system. There is an idea behind it.

Certainly there will be setbacks, just as there are successes.
Some might even think: buy some Bitcoins and Co. and be rich at the end of the year. But that does not work.
In any case, I'm curious if I can still experience that certain crypto currencies find their way into the normal economy and no matter where accepted as a means of payment.

,
At the moment, the whole thing is just a gamble and now many fall back to the ground of reality.

[sieemma]

Ponzi scheme and what is your mission here? Have you forgotten or you don't know this is the forum for bitcoin? MAybe you are here to say shit about bitcoin because none of your posts can cause panic among us. We all know what bitcoin is. You are not the one to teach us what it is.

[fulmetal08larz]

Bit coin is a Ponzi scheme. Don't listen to the bit coin shills on here. The newcomers buying into bit coin and driving up the price are just making the early adopters richer.

That's how stupid people are. A sucker is born every minute. But YOU don't have to be one like all the other bit coiners.

The USD is a valid currency because people are required by law to recognize it's value. It has value because the most powerful superpower on the face of the Earth uses it and backs it.

Where does bit coin get its value from? Some computer nerds living in their mothers' basements and Chinese speculators who say it has value? The few online drug dealers who accept it?

If you can't figure out that buying into a totally faith-based economy, with no regulation whatsoever, of a imaginary currency that only exists virtually, through a broker that has no compelling reason to give you any of your money back other than possible negative word-of-mouth, is a bad idea, then maybe you should really consider spending less time speculating on BTC and more time getting remedial education.

And how do you expect people would believe you? Aren't you one of the suckers who were born after BTC became popular online? You are looking at the negative side of how people utilize BTC, but did you even try to look at the bigger picture on how it can help economic growth during the digital age? It is true that BTC is hurting right now due to its price being dragged down, but if you look at the other markets like stocks, everyone is affected. This is a game of survival of the fittest.

[enogheghase123]

you could any other term to classify bitcoin with and i would have keyed into your idea, but a ponzi scheme is way way of the line. Like i think you really don't understand how ponzi scheme works, i will implore you to carry out some research about ponzi then come back here and i betb you, you will have a varying opinion different from the one you have now.

[Wayan_Pedjeng]

There is no proof to claim that Bitcoin is a ponzi scheme. The biggest evidence is the stash of BTC980,000 coins that belong to Satoshi Nakamoto. If this was a ponzi, then he could have sold all these coins when the exchange rate was $20,000 per coin one year ago.

[Hans17]

I don't think so that bitcoin can be counted or called as a ponzi scheme because you can see why bitcoin should not call a ponzi scheme , and logically speaking though, why do people tend to invest all their money to some **** like that right?, and just wasting all their time without assurance.