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Author Topic: A friendly warning: the SEC is all over these boards. Don't break any laws.  (Read 2958 times)
maokoto
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October 26, 2015, 02:39:20 AM
 #21

It is true that one needs to be careful about this. You start by buying and investing, then you try trading, then begin to think about creating your own coin with no real purpose other than to make money... or to lend money to others for "investing".

The advice given by OP is good. Keep your senses and not go illegal.

eternalgloom
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October 26, 2015, 03:04:20 AM
 #22

Anything that prevents people from posting ponzi's here is positive.

Soros Shorts
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October 26, 2015, 05:52:44 AM
 #23

Funny thing is, BS&T was used by a whole bunch of people and was considered really trusted. Shows how easily people get sucked into that stuff, and even now you see the same old ponzi sites pop up, get a decent amount of deposits, pay out for a couple weeks, and then vanish with a bunch of profit.

I think a lot of people took it as a game back then. That was the era when plenty of people had hundreds or even thousands of BTC obtained at low cost and they were just throwing them around not caring too much if they lost it to a scam or ponzi.
DiamondCardz
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October 26, 2015, 07:49:02 AM
 #24

Funny thing is, BS&T was used by a whole bunch of people and was considered really trusted. Shows how easily people get sucked into that stuff, and even now you see the same old ponzi sites pop up, get a decent amount of deposits, pay out for a couple weeks, and then vanish with a bunch of profit.

I think a lot of people took it as a game back then. That was the era when plenty of people had hundreds or even thousands of BTC obtained at low cost and they were just throwing them around not caring too much if they lost it to a scam or ponzi.

That's true. He still did make off with a ridiculous amount of money, even at the time though. I doubt that would happen today on Bitcointalk, but plenty of obvious ponzis come and scam for much smaller amounts all the time, so you never know if it could happen again or not...

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October 26, 2015, 08:09:13 AM
 #25

On BANX.io, I found this gem:

Quote
All trades to and from markets that benefit Banx Capital LLC., partners or otherwise are non-coerced donations to a for profit company and should be treated as such.

So, it is OK to run a company, as long as you are just "accepting donations". After all, bitcoin is mostly used for charity; right?  Wink
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