venkyrockzz15 (OP)
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March 28, 2017, 06:33:40 PM
Last edit: March 28, 2017, 07:10:29 PM by venkyrockzz15 |
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How do these sites get money to pay people and even new age bank is included
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Loco Motive
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March 28, 2017, 08:51:00 PM |
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How do these sites get money to pay people and even new age bank is included
It's called "Ponzi scheme" and it's as old as the hills. Don't ever put your money in them, it could go well a couple of times but you'll get scammed eventually. Not only the risk is very high, it's basically a certain thing that they will close and run with the money at some point. Not worth it. |
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venkyrockzz15 (OP)
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March 29, 2017, 01:40:16 AM |
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but how they become ponzi scheme
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Brystol-MyersSquibb
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March 29, 2017, 01:49:46 AM |
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but how they become ponzi scheme
It looks & seems to work like a normal operation but sooner than you know, your investment is gone. The site collects the money & when they like what they see, they disappear with everyone's money. |
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venkyrockzz15 (OP)
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March 29, 2017, 02:13:55 AM |
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oh but in tht case ppl can file a case on those ppl
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senyorito123
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March 29, 2017, 10:04:01 AM |
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How do these sites get money to pay people and even new age bank is included
How? Pretty simple they taken the payout on the new payin of their new investors and that system is called ponzi scheme and this is very dangerous kind of investment since surely they will turn scam if they will achieve to get their target quota and it is proven for so many times on here that we cannot trust them since it was runned by frauds i believe theirs syndicate behind these scheme since hyips are hasn't still erase and it keeps multiplying on each days pass so we better be aware of this so that we can avoid to be their victim. |
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crazyivan
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March 29, 2017, 10:25:21 AM |
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Look at OP trust level and comments, it s obvious he s been trying to do a bit of research in order to be able to set up his own ponzi scheme. Please close down this thread, we dont need more scammers around.
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venkyrockzz15 (OP)
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March 29, 2017, 10:34:01 AM |
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lol thnx for reply and pls talk relavant to the topic no irrelavant talks and i am not gonna make a ponzi scheme
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jacee
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March 29, 2017, 10:43:20 AM |
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How do these sites get money to pay people and even new age bank is included
It's a pyramid scheme. People put money in it and they use it as a fund. The first ones get the benefit of getting that money while the last ones gets doome if they can't get other people to pu more money so they can get theirs. |
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Qartada
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March 29, 2017, 11:15:47 AM |
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but how they become ponzi scheme
They were always Ponzi schemes, and that was always their intention from the beginning. The money that they get to pay people will run out within a few weeks in nearly all cases. |
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amacar2
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March 29, 2017, 04:06:37 PM |
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but how they become ponzi scheme
They pay their old investors with money they get from new investors, thats why they are just another ponzi. oh but in tht case ppl can file a case on those ppl
Where to file case against them? And they even don't use their real documents/pictures/name in any of their payment processors id so we can't track them. Just avoid sites like them and stay safe.  |
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venkyrockzz15 (OP)
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March 29, 2017, 04:12:28 PM |
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oh but in tht case ppl can file a case on those ppl
Where to file case against them? And they even don't use their real documents/pictures/name in any of their payment processors id so we can't track them. Just avoid sites like them and stay safe. [/quote] Ya i'll avoid investing in them but you can file a case in your own country if btc are legal in ur country |
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robelneo
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March 29, 2017, 04:15:24 PM |
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oh but in tht case ppl can file a case on those ppl
Where to file case against them? And they even don't use their real documents/pictures/name in any of their payment processors id so we can't track them. Just avoid sites like them and stay safe. Ya i'll avoid investing in them but you can file a case in your own country if btc are legal in ur country [/quote] Ponzi schemes are always an early bird scenario,you will payout once there's money coming but once people stop investing,they will do selective payment,usually they select those with large referrals and those who still actively promote,those passive investors are the first one who will get scammed. |
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maydna
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March 29, 2017, 04:18:05 PM |
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How do these sites get money to pay people and even new age bank is included
i think they get the money is from the member which is making deposit in their sites and they can operate their services from that source. because their programs is not for short term but for long term and i think people will be patience to take their money back and if they are really serious with the programs then i am sure that they can make big deposit and they can get loss if finally the sites become scam. so before we make invest in their site, better we search news about them so we can avoid if they are not good. |
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