DeCiB3l Non-Ponzi Investment Verification Thread

[infested999]

Description

In this thread I will keep track of securities that I have verified. Lately there have been some securities that don't want to explicitly tell people how they are earning their money, as that would ruin their business. This would usually make their service look like a ponzi since nobody can know what their service is, so they can tell a trusted member of this forum (such as myself) what they are doing and show proof of what they are doing and I can confirm that the service is indeed legitimate.


Verified Threads

BitGlory.com

• Owned by user BitGlory
• E-Commerce business for European market

SEO idea for Russia market

• Owned by user downloadbreed
• Russian only

FAQ

Q: This list is stupid, it's basically the opposite of the List of ongoing scams (which is the biggest circlejerk on the forum, that thread just lists every major service that exists).
A: No, this thread is a useful way for someone to prove that their service is not a ponzi.

Q: Why do I need this?
A: There are some idiotic threads on this forum trying to scam users, and there are some legitimate businesses. I am here to differentiate them. For example BitGlory looked like the most obvious ponzi scheme, but after just a few questions it turned out to be completely legitimate, the author of the thread just wasn't clear on what exactly he was doing. (and it could use a better slogan than "stick your BTC into the Bitcoin glory hole)

[Grinder]

So basically, when someone thinks something is a ponzi then you will ask the accused party, and if they say no then you have verified that it's not a ponzi.

[ymgve]

but after just a few questions it turned out to be completely legitimate

What were those questions? Still seem like a pretty clear ponzi scheme to me.

(Hint, if something guarantees a certain and high return on your investments, it's a ponzi.)

[infested999]

but after just a few questions it turned out to be completely legitimate

What were those questions? Still seem like a pretty clear ponzi scheme to me.

(Hint, if something guarantees a certain and high return on your investments, it's a ponzi.)

I just take a look at what their project is and make sure it is making profit.

[Grinder]

Either you are very easily fooled, or you are in on it.

[nrd525]

Bitglory is obviously a ponzi.

I didn't see much details for the other scheme.

How to Identify a Ponzi
https://bitcointalk.org/index.php?topic=100696.0

[n8rwJeTt8TrrLKPa55eU]

Second coming of Patrick Harnett.

[Nagle]

In this thread I will keep track of securities that I have verified.
Verified Threads

BitGlory.com

• Owned by user BitGlory
• E-Commerce business for European market

Obvious Ponzi scheme.  "Deposit what you're going to invest and after a month you'll automatically get into a bitcoin address chosen by you the value in dollars of your investment + 15%"

SEO idea for Russia market

• Owned by user downloadbreed
• Russian only

If the phrase "blind pool" means nothing to you, you probably should not invest in this. If you know what "blind pool" means, you won't invest in this.

If this is someone's idea of due diligence, they need to go into another line of work.