Bitcoin Forum
December 14, 2017, 12:52:25 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: $360, MMM Ponzi?  (Read 734 times)
OROBTC
Legendary
*
Offline Offline

Activity: 1344



View Profile
November 02, 2015, 09:57:01 PM
 #1

...

I read a comment at Zero Hedge and another at Reddit today that a big part of the current price spike may be something related to a Ponzi going on in the Philippines.  The scheme is something called "MMM" and is being spread via Youtube videos (yeah, I know, weird).

A nearly 10% jump in one day (on top of the recent price increases) makes me wonder............
1513212745
Hero Member
*
Offline Offline

Posts: 1513212745

View Profile Personal Message (Offline)

Ignore
1513212745
Reply with quote  #2

1513212745
Report to moderator
1513212745
Hero Member
*
Offline Offline

Posts: 1513212745

View Profile Personal Message (Offline)

Ignore
1513212745
Reply with quote  #2

1513212745
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513212745
Hero Member
*
Offline Offline

Posts: 1513212745

View Profile Personal Message (Offline)

Ignore
1513212745
Reply with quote  #2

1513212745
Report to moderator
1513212745
Hero Member
*
Offline Offline

Posts: 1513212745

View Profile Personal Message (Offline)

Ignore
1513212745
Reply with quote  #2

1513212745
Report to moderator
1513212745
Hero Member
*
Offline Offline

Posts: 1513212745

View Profile Personal Message (Offline)

Ignore
1513212745
Reply with quote  #2

1513212745
Report to moderator
Ibian
Legendary
*
Offline Offline

Activity: 1456


View Profile
November 02, 2015, 10:03:49 PM
 #2

Who cares.

There is no bubble.
Alley
Legendary
*
Offline Offline

Activity: 910


View Profile
November 02, 2015, 10:04:56 PM
 #3

Wow this is the first time I've heard of this....
gentlemand
Legendary
*
Online Online

Activity: 1484


Hello You


View Profile
November 02, 2015, 10:08:15 PM
 #4

How would Filipinos get money on to any of the major exchanges? That would take day or weeks or it wouldn't be possible at all. The Philippines is very well served with Bitcoin infrastructure compared to most place but it doesn't impact on the exchanges that set the price.

OROBTC
Legendary
*
Offline Offline

Activity: 1344



View Profile
November 02, 2015, 10:13:48 PM
 #5

...

ZH comment from knowledge member "seek"

http://www.zerohedge.com/news/2015-11-02/bitcoin-more-doubles-2015-lows-chinese-ignore-easing-capital-controls#comment-6740212

Reddit comment today:

https://www.reddit.com/r/Bitcoin/comments/3r2hvd/for_those_of_you_who_doubt_just_how_big_the_mmm/



If the Ponzi there is real (probably) and if it is consequential (maybe), this might be a good time to spend some BTC.
criptix
Legendary
*
Online Online

Activity: 1372



View Profile
November 02, 2015, 10:36:04 PM
 #6

...

ZH comment from knowledge member "seek"

http://www.zerohedge.com/news/2015-11-02/bitcoin-more-doubles-2015-lows-chinese-ignore-easing-capital-controls#comment-6740212

Reddit comment today:

https://www.reddit.com/r/Bitcoin/comments/3r2hvd/for_those_of_you_who_doubt_just_how_big_the_mmm/



If the Ponzi there is real (probably) and if it is consequential (maybe), this might be a good time to spend some BTC.


did you read his post?
i think your crystallball will give your a more accurate anwser then that guy.

1) he is guessing from youtube videos - really...?

2) why would a ponzi advertise a growing memberbase? -> think about what happens to a ponzi if there arent more people joining?

PECULIUM                [  PRIVATE SALE ~$2M PLEDGED ]
First Saving System in CryptoCurrency Driven by Artificial Intelligence     / WHITEPAPER / ANN / BOUNTY / TELEGRAM /

                                   ▓░          ░  ░░░    ░▒▓▓▓▓▓▓▒▒
                                  █▒░░░░░░░░░░░░░▒▒▒ ▒▓██▓▓▓▒▒▒▒▒▒▓
             ░░░░░▒▒░░  ░░░░░░░░░▒█░▒▒▒▒▒▒▒▒▒▒▒▒▓▓▒▒███▓▓████████▓▓
        ░▒▒▓▓▓▓▓▓▓▓▓▓▓▓▒ ░░░     ▒▓▒▒▒▒▒▒▒▒▒▒▒▒▓▒▒▓██▒▓██████▓█████
     ░▒▒▒▒░░░░░ ░░░░░░▒▓▒ ░░░    ░▓▓▓▓▓▒▓▒▒▒▒▒▒▒▓██▓ ████████▒▓██▓▓
          ░░░░▒░▒▒░▒▒▒▒░▒░ ░      ▓▒▓▓▓▓▓▓▒▒▒▓▒▓▓▓▒░████▓███▒████▓▓
      ░░░░░░░▒▒░░░▒▒▒▒▒▒░░       ▒▓░▓▓▓▓▓▓▓▓▓▓▓▓▓▒ █████████████  
       ░░░▒▒▒░░░░▒░▒▒▒▒▒▒▒   ░░░░▒▒▒▒▓▓▓▓▓▓▓▓▓▓▒▒▒███▓█████▓░     
      ░░░    ░░░▒▒▒▒▒░▒▒▓▓  ░░░ ▒▒▒▒▒▒▓▓▓▓▓▓▓▒ ░▓██▓▒░          ░ ░
     ░░  ▒▓█████████▓▓▓▒▓░  ░░ ░▒▒▒▒▒▒▒▒▒▓▓▓▓▒▒▓▒░   ░░░ ░░░░     
     ░ ▓██▒▓▓▓███▒▒▒▒▓▓▓▓    ░ ░▒░▒▒░▒▒▒▒▒▒▒▒▓▓▒▒░░░░             
     ░▓█░▒██████████▓▒▒█      ░░░░░░░░░▒▒▒▒▒▒▒▒▒▒▒▒▒░░            
    ░▓▓ ███████▓▒██▓███▒      ░░░░░░░░░░░░▒░▒░▒░▒▒░░░░░░░         
    ▒▒ ▓██▓▓██▒▓███▓███      ░░░░░░░░░░░░░░░░░░░░░░░░░            
    ▒░▒█░███▓████▓           ░ ░░░░░░░░░░░░░░░░░░                 
    ░ ██ ████▓▓     ▒       ░░  ░░░░░░░░░░░░░░                    
                   ▒░      ░░ ░   ░░░░░░░░░░                      
            ░░░░░░▒▒       ░░   ░ ░  ░░░░░░░                      
          ░░░  ░░ ░         ░          ░░░░░░                     
                           ░      ░░░░░░░▒▒░                      
                                     ░░░  ░▒                      
                            ░░▒░░░      ░  ░▒                     
                    ░    ░░░░░░ ░░░▒▒░    ░░▒░                    
                    ▒▒░░░░░░   ░░    ░▒▒░░░░▒▒                    
                      ▒▒░░▒░▓███████▓ ░▒▒▒▒▒▓▒                    
                    ▓░ ░▒░░▓██████████░░▒▒▒▓▓                     
                   ▓███░░▒▒▒▓▓▓▓███▓▓▓▓▒▒▓▓▓                      
                    ████▓▒▓▒▒▒▓▓▓▓▓▓▓▓▓▓▓▒░                       
                     ▓██▓▒▓▓▓▒▓▓▓▓▓▒▒░░░                          
                      ▓▒▒▒▓▓▓▓▓▒░░░                               
                        ░░▓▓▓▓▓▒                                  
                         ░▒▒▒▒▒▒                                  
                          ░▒▒░▒░                                  
                          ░░   ░                                  
                          ░    ░                                  ░
                             ░░                       ░           ░
                                                      ░░        ░ ░
                         ░░░░░░░░░░░░░░░░░     ░░░░░░░░░░░ ░░ ░ ░ ░
                       ░▒░░░░░░░░▒▒▓▓▓▓▓▓▓▓▓▓▓▒▒▒▒░░░░    ░░░░░░░ ░
                      ░▒░▒▒▒▓▓▓███████▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▒░░░░░░░░
                     ░▒▒▓▓████▓▓▒              ░▒▒▓▓▓▓████▓▒░░░░▒░▒
                    ░▒▓██▒░                ░░░░░░░░░░▒▒▒░   ░░░░░░▒
                   ░▒▓█       ░░░░░░░░░░▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒░░░░░▒░▒
                  ▒▒▓█   ░▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▓▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒
                 ░░▓█    ░░░░░░░░▒▒▒▒▒▒▒▒▒▒▒▒▒▒░░░ ░░░░░        ░ ▒
spiderbrain
Legendary
*
Offline Offline

Activity: 852



View Profile
November 02, 2015, 10:41:18 PM
 #7

Wow, this theory is really backed up by hard evidence. Totally blows the "Chinese hot money skirting capital controls" and "down trend overshoot" theories.

Got anything fresh on the moon landings?

Mickeyb
Hero Member
*****
Offline Offline

Activity: 798

Move On !!!!!!


View Profile
November 02, 2015, 10:42:22 PM
 #8

We were already discussing this in another thread yesterday. Nobody knows this for sure! These are all the rumors! For me it would be even weird for Bitcoin not to go up after all of the good news lately.

Bear trend had to finish, reversal had to happen and now we can connect this to the ponzi, this is that but we are all speculating and no-one really knows for sure!

I would say this is a BS story, but that's just my opinion.
OROBTC
Legendary
*
Offline Offline

Activity: 1344



View Profile
November 02, 2015, 10:43:18 PM
 #9

...

ZH comment from knowledge member "seek"

http://www.zerohedge.com/news/2015-11-02/bitcoin-more-doubles-2015-lows-chinese-ignore-easing-capital-controls#comment-6740212

Reddit comment today:

https://www.reddit.com/r/Bitcoin/comments/3r2hvd/for_those_of_you_who_doubt_just_how_big_the_mmm/



If the Ponzi there is real (probably) and if it is consequential (maybe), this might be a good time to spend some BTC.


did you read his post?
i think your crystallball will give your a more accurate anwser then that guy.

1) he is guessing from youtube videos - really...?

2) why would a ponzi advertise a growing memberbase? -> think about what happens to a ponzi if there arent more people joining?


I don't know anything.  This guy "seek" at ZH is someone I have followed for a long time, he is smart and rich.  He knows more about BTC than I do.  Apparently the "MMM" (whatever that is) is being spread among the poor via YouTube.  I have only superficially researched this, like I wrote just now, I am reporting from Zero Hedge and Reddit.



EDIT: OK, skeptics, I will refrain from further comment.  We'll just wait on more news.

solid12345
Legendary
*
Offline Offline

Activity: 1148



View Profile
November 02, 2015, 10:46:02 PM
 #10

Said it before in another thread but I just find it hard to believe a ponzi could gather this much money in a short 2-3 week time period to do this kind of volume and price rise.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!