HONEST BITCOIN: DOUBLE YOUR BITCOINS. YES IT IS A PONZI.

[cryptodevil]

There were two points in my last comment. You seem to be deliberately addressing only one... Care to respond?

I didnt think I needed to respond to your second bullshit claim it was so patently absurd, but here we are anyway. OK, as for your second claim about no online service being able to ascertain that all users are fully informed?

Can I get a drum roll please...
.
.
.
.
.ready?

They aren't scams in the first place you horrendously dishonest piece of shit.

[Honestbit]

Firstly I'd like to point out that it's interesting that the amount of profanity you use increases as the validity of your argument decreases. Also, you haven't answered my question. You say they're not scams because they have been established. When they first started, nobody could say for certain whether they were honest or not. In my case, you bear no evidence to prove that I am misleading (scamming) you.

[cryptodevil]

LOL, your grossly dishonest argument reminds me of QS. A lot. He employs exactly the same bullshit responses that you do.

Let's look at what you actually said:

Firstly you chose to ignore the consistent use of the word 'illegal' in the third link provided so kindly by shefchenko and tried to run with claiming there was substance to the fact that specific word was not used in the first two citations. I subsequently demolished that dishonest spin by pointing out that, in place of the word 'illegal' both articles used 'fraudulent' instead. Which is still illegal. Everywhere.

Secondly, having been torn a new one over your first asinine distraction attempt you tried this:

And I still assert that there does not exist a service for which it can be established 100% that all participants would fully understand what they were sending money to.

Which would be fine and dandy if it applied only to Ponzi schemes, because we are very much insistent that ALL ponzi schemes are scams because of that very same reason. You, however, appear to be trying to imply there is mileage in claiming that there cannot exist a service for which it is guaranteed 100% that all participants would understand what they were sending money to, as though that would magically render your illegal and immoral 'Honest' ponzi to be a just and righteous thing.

Except, of course, your assertion is beyond fucking nonsense because the issue concerns only those services which are dependent on socially engineering other people to send money to them, namely, Ponzi schemes! If you send money to a casino site but have no real understanding of the odds when it comes to a spin of the roulette table, it makes no fucking difference as to whether you win or not. The odds will still be *exactly* the same if you bet on red 13 and are too dumb to know the mathematical likelihood of red 13 being the winning selection or if you are a card-sharp casino-veteran who calculates odds in your sleep and bets on red 13.

Come on QS-Jr, you can do better than that, can't you?

Can't you?

No. You can't.

Twat. <=--- There, I gift you another of your favourite (and QS's favourite, too) tone complaint escape routes you can take. Because I know you've got shit all else to offer in rebuttal.

[Honestbit]

I have made it as obvious as possible, without using red 18 point font, that what I am running is a ponzi. I have also included a link explaining all about ponzis. Your claim that I have not done enough to disclose to potential users the source of the funds is outrageous and only applies to people such as yourself who only see what they wish to see.

[cryptodevil]

Your claim that I have not done enough to disclose to potential users the source of the funds is outrageous and only applies to people such as yourself who only see what they wish to see.

So how does that explain the multiple PM's I have received over the previous weeks from people who genuinely didn't understand what the ponzi scheme they were getting involved with actually was, because English isn't their primary language?

See, QS, the trouble is, you can't actually justify running a scam, sorry 'scheme', that risks exploiting people's naivety and lack of understanding in order to profit, you simply can't.

That's why it is ALWAYS referred to as a FRAUDULENT operation.

Besides, there's always the inconvenient fact that Ponzi scams are ILLEGAL no matter how you want to try and spin it, YOU SOCIOPATHIC TWAT. <=--- See what I did there? Even more tone complaint for you to cling to, go on, you know you need to.

[Honestbit]

For all of you who want to understand what Honest Bitcoin is but do not understand English:
https://zh.wikipedia.org/wiki/%E9%BE%90%E8%8C%B2%E9%A8%99%E5%B1%80
https://ar.wikipedia.org/wiki/%D8%B3%D9%84%D8%B3%D9%84%D8%A9_%D8%A8%D9%88%D9%86%D8%B2%D9%8A
https://bn.wikipedia.org/wiki/%E0%A6%AA%E0%A6%A8%E0%A6%9C%E0%A6%BF_%E0%A6%B8%E0%A7%8D%E0%A6%95%E0%A6%BF%E0%A6%AE
https://bg.wikipedia.org/wiki/%D0%A1%D1%85%D0%B5%D0%BC%D0%B0_%D0%BD%D0%B0_%D0%9F%D0%BE%D0%BD%D1%86%D0%B8
https://ca.wikipedia.org/wiki/Esquema_Ponzi
https://cs.wikipedia.org/wiki/Ponziho_sch%C3%A9ma
https://da.wikipedia.org/wiki/Pyramidespil
https://el.wikipedia.org/wiki/%CE%A3%CF%87%CE%AE%CE%BC%CE%B1_%CE%A0%CF%8C%CE%BD%CF%84%CF%83%CE%B9
https://es.wikipedia.org/wiki/Esquema_Ponzi
https://eo.wikipedia.org/wiki/Skemo_Ponzi
https://fa.wikipedia.org/wiki/%D8%AA%D8%B1%D9%81%D9%86%D8%AF_%D9%BE%D8%A7%D9%86%D8%B2%DB%8C
https://fr.wikipedia.org/wiki/Syst%C3%A8me_de_Ponzi
https://fy.wikipedia.org/wiki/Ponzi_systeem
https://gl.wikipedia.org/wiki/Esquema_Ponzi
https://ko.wikipedia.org/wiki/%ED%8F%B0%EC%A7%80_%EC%82%AC%EA%B8%B0
https://hr.wikipedia.org/wiki/Ponzijeva_shema
https://it.wikipedia.org/wiki/Schema_Ponzi
https://he.wikipedia.org/wiki/%D7%94%D7%95%D7%A0%D7%90%D7%AA_%D7%A4%D7%95%D7%A0%D7%96%D7%99
https://ka.wikipedia.org/wiki/%E1%83%9E%E1%83%9D%E1%83%9C%E1%83%AA%E1%83%98%E1%83%A1_%E1%83%A1%E1%83%A5%E1%83%94%E1%83%9B%E1%83%90
https://mk.wikipedia.org/wiki/%D0%9F%D0%B8%D1%80%D0%B0%D0%BC%D0%B8%D0%B4%D0%B0%D0%BB%D0%BD%D0%B0_%D0%B8%D0%B7%D0%BC%D0%B0%D0%BC%D0%B0
https://ms.wikipedia.org/wiki/Skim_Ponzi
https://nl.wikipedia.org/wiki/Ponzifraude
https://ja.wikipedia.org/wiki/%E3%83%9D%E3%83%B3%E3%82%B8%E3%83%BB%E3%82%B9%E3%82%AD%E3%83%BC%E3%83%A0
https://no.wikipedia.org/wiki/Ponzi-svindel
https://pa.wikipedia.org/wiki/%E0%A8%AA%E0%A9%8B%E0%A8%82%E0%A8%9C%E0%A8%BC%E0%A9%80_%E0%A8%B8%E0%A8%95%E0%A9%80%E0%A8%AE
https://pt.wikipedia.org/wiki/Esquema_Ponzi
https://ro.wikipedia.org/wiki/Schem%C4%83_Ponzi
https://ru.wikipedia.org/wiki/%D0%9C%D0%B5%D0%B6%D0%B4%D1%83%D0%BD%D0%B0%D1%80%D0%BE%D0%B4%D0%BD%D1%8B%D0%B9_%D0%BE%D1%82%D0%B2%D0%B5%D1%82%D0%BD%D1%8B%D0%B9_%D0%BA%D1%83%D0%BF%D0%BE%D0%BD
https://sk.wikipedia.org/wiki/Ponziho_sch%C3%A9ma
https://sl.wikipedia.org/wiki/Ponzijeva_shema
https://sr.wikipedia.org/wiki/%D0%9F%D0%BE%D0%BD%D1%86%D0%B8%D1%98%D0%B5%D0%B2%D0%B0_%D0%BF%D1%80%D0%B5%D0%B2%D0%B0%D1%80%D0%B0
https://sh.wikipedia.org/wiki/%D0%9F%D0%BE%D0%BD%D1%86%D0%B8%D1%98%D0%B5%D0%B2%D0%B0_%D1%88%D0%B5%D0%BC%D0%B0
https://fi.wikipedia.org/wiki/Ponzi-huijaus
https://sv.wikipedia.org/wiki/Ponzibedr%C3%A4geri
https://ta.wikipedia.org/wiki/%E0%AE%AA%E0%AF%8A%E0%AE%A9%E0%AF%8D%E0%AE%9A%E0%AE%BF_%E0%AE%AE%E0%AF%81%E0%AE%B1%E0%AF%88%E0%AE%AE%E0%AF%88
https://tr.wikipedia.org/wiki/Ponzi_oyunu
https://ur.wikipedia.org/wiki/%D9%BE%D9%88%D9%86%D8%B2%DB%8C_%D8%A7%D8%B3%DA%A9%DB%8C%D9%85
https://vi.wikipedia.org/wiki/M%C3%B4_h%C3%ACnh_Ponzi
https://war.wikipedia.org/wiki/Iskima_Ponzi
https://wuu.wikipedia.org/wiki/%E8%80%81%E9%BC%A0%E4%BC%9A

I apologize for your past experiences with scams that may have used unclear language. And I promise that Honest Bitcoin is different.

And for cryptodevil:
https://simple.wikipedia.org/wiki/Ponzi_scheme

[Slow death]

I agree with cryptodevil

Members of this forum especially newbie when they hear that their bitcoins will double in 100 hours are with expectations ... even until I was with expectations

In my case even made plans: I will invest 10 $ and hence the four days will have $ 20 and then invest another 20 $ and after 4 days I will have $ 40

I is already dreaming of big money

It is unacceptable to see that there are people who come here to create expectations in people when their purpose is to steal them money
it was a game the player would know that he lost because not had abilities to win in investment sites people invest with certainty that after a while will get your profits

The malice in this ponzi schemes: you invest money and receive money the admin took another person without that person being aware that it was their money used to pay for someone else and not her

 you are God of your site because it is you who decides who gets and who will not receive money without any rules

That is your site someone will always lose their money sounded to give another.

[Honestbit]

without that person being aware that it was their money used to pay for someone else and not her

Ah, that is where you are mistaken. I have tried to make it as clear as possible what your deposits pay for the others' payouts. If you have any suggestions on how I could make that more obvious, I am happy to hear them.

[opmac]

Cryptodevil I agree with you 100 percent


PEOPLE IGNORE THIS THREAD

SAVE YOUR BTC

INVEST IN LEGIT INVESTMETNS

Not ones where people rob Peter to pay Paul

[Honestbit]

Opmac, would you like to explain your opinion? I noticed several questions posed to you earlier that you haven't answered.

1: What do you define a scam?
2: How does this service meet the requirements of being a scam?

[trollping]

So despite the crazy replies.

How many have you paid out so far? or has no one even bothered to play cause they wont see their 1st pay back lol.

If you get crap like this why do you even bother opening a ponzi.

[Honestbit]

trollping. You are absolutely right. No one has deposited yet. I'm not going to shit you all and say that the dough is rolling. It's not. But over time, rational people will understand that this is a legitimate service and there's no evidence otherwise since nobody has deposited and not received their fai payout.

[Honestbit]

Important notice for all who care enough to read this: due to low traffic and non-existant deposits, resets will happen weekly. Payments will still be made daily. Payments will still be made daily.

[cryptodevil]

I agree with cryptodevil

Members of this forum especially newbie when they hear that their bitcoins will double in 100 hours are with expectations ... even until I was with expectations

In my case even made plans: I will invest 10 $ and hence the four days will have $ 20 and then invest another 20 $ and after 4 days I will have $ 40

I is already dreaming of big money

It is unacceptable to see that there are people who come here to create expectations in people when their purpose is to steal them money
it was a game the player would know that he lost because not had abilities to win in investment sites people invest with certainty that after a while will get your profits

The malice in this ponzi schemes: you invest money and receive money the admin took another person without that person being aware that it was their money used to pay for someone else and not her

 you are God of your site because it is you who decides who gets and who will not receive money without any rules

That is your site someone will always lose their money sounded to give another.

^^^ This. This and every single time, this.

QS, I mean 'Honestbit', if you are so insistent that you will only accept participation from those who fully understand the mathematically unsustainable fact of a ponzi, then kindly fuck off to a different part of the internet and promote it there.

This community action will not stop until the poisonous ponzi scamming threads are all dead.

[shefchenko17]

you mean until death do you part?

[Honestbit]

I agree with cryptodevil

Members of this forum especially newbie when they hear that their bitcoins will double in 100 hours are with expectations ... even until I was with expectations

In my case even made plans: I will invest 10 $ and hence the four days will have $ 20 and then invest another 20 $ and after 4 days I will have $ 40

I is already dreaming of big money

It is unacceptable to see that there are people who come here to create expectations in people when their purpose is to steal them money
it was a game the player would know that he lost because not had abilities to win in investment sites people invest with certainty that after a while will get your profits

The malice in this ponzi schemes: you invest money and receive money the admin took another person without that person being aware that it was their money used to pay for someone else and not her

 you are God of your site because it is you who decides who gets and who will not receive money without any rules

That is your site someone will always lose their money sounded to give another.

^^^ This. This and every single time, this.

QS, I mean 'Honestbit', if you are so insistent that you will only accept participation from those who fully understand the mathematically unsustainable fact of a ponzi, then kindly fuck off to a different part of the internet and promote it there.

This community action will not stop until the poisonous ponzi scamming threads are all dead.

Quick history lesson: here in America, where I live, there is a concept, engraved in law. It's known as the First Amendment. It guarantees the right to say whatever you want. In case you think I'm not being 100% honest about that, here's the Wikipedia site: https://en.wikipedia.org/wiki/First_Amendment_to_the_United_States_Constitution. Also, if you haven't noticed. "You are in the Gambling section. You are likely to eventually lose any money that you gamble/"invest". Additionally, moderators do not remove likely scams. You must use your own brain: caveat emptor. Do not gamble more than you can afford to lose."

[cryptodevil]

Quick history lesson: here in America, where I live, there is a concept, engraved in law.

Yes there is, it is that it is illegal to run a Ponzi scheme even if you tell people it is a ponzi scheme.

Oh dear, seems like you tripped yourself up there.

[Kotone]

Funny thing i checked your site and when i click login i redirected to namecheap site lol you are very honest that you dont know how to code thats why you will be happy stealing coin from users because you dont put some effort on your work.
Ignored

[Honestbit]

And where is the evidence that I have been "stealing coin from users"?

[dooglus]

My stance on this is that if a Ponzi scheme is presented in an honest fashion then it's not fraudulent.

Most Ponzi scams promise to double your money in a certain amount of time. They obviously aren't able to do this indefinitely, and so inevitably end up breaking their promise to at least some of the players.

This Ponzi tells you up front that at least some players will be making a loss.

I don't think it's fair to require that 100% of customers fully understand the terms up front. You can't expect 100% of people to understand anything at all, since there exist some incredibly unintelligent people. So long as the claims made are true, that seems to me to be enough. If people fail to understand those claims that's their own responsibility.

The quote about it being illegal to run a business where the income is only from new recruits doesn't apply I think. Ponzi schemes aren't generally funded by referrals, and many players player repeatedly. Obviously if nobody was ever "recruited" into playing a Ponzi then there would be no business, but the same could be said about any business. If a store never "recruited" any customers they wouldn't make any sales. That's not what the law is talking about. It's talking about schemes where you have to buy a membership to get involved.

One problem I see is that even though OP is being upfront about the way his Ponzi operates in this thread, he (or his friends) could well be promoting the same scheme elsewhere using dishonest ("double your money, every time!") claims, and we wouldn't know. But I guess in that case we negrate him there, and not here.