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real_links
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May 20, 2018, 11:13:59 PM |
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You are very correct. In bitcoin nobody is paying you based on the people that are entering the world of bitcoin. Its like the normal money you work for. The only difference is an online currency. You can be paid for working or doing anything worthwhile in bitcoin in exchange of your paper money.
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"You Asked For Change, We Gave You Coins" -- casascius
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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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BLTC
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May 20, 2018, 11:19:28 PM |
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There are many companies doing ponzi scheme in cryptocurrency/bitcoin. Ponzi scheme is the heart of the scammer. It was not even mind like bitcoin, it was not base on supply and demand value. It was a guaranteed return, therefore people are being entice to join the wagon and earn a lot of money. Sounds familiar, that ponzi and please don't get crazy.  |
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Omosomofa
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May 20, 2018, 11:20:07 PM |
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It shows a fundamental lack of ability to do basic research into something you don’t understand, before making any broad assertions about it. When you understand the technology behind Bitcoin and the reason it was invented, you will see that it is actually the total opposite of a Ponzi scheme. Absolutely nothing about Bitcoin is a secret. It is one of the most open technologies in the world. It’s open source, anyone can review the code, anyone can contribute to the code, anyone can run the software voluntarily and participate in the network, and anyone can use the network without permission. The entire history of all Bitcoin transactions is visible to anyone in the world too. Those saying bitcoin ponzi lack knowledge what behind the technology.
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romero121
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May 20, 2018, 11:22:24 PM |
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People who doesn't have the right understanding as well the one who missed the opportunity of making money through bitcoin investing earlier, just to console themselves term bitcoin as a ponzi scheme. People who have the right knowledge and has got benefited through it will never term it a ponzi for any reason.
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crossabdd
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May 20, 2018, 11:23:07 PM |
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that's right guys, you have explained the difference of bitcoin and ponzi. I myself have heard a friend's statement that bitcoin is ponzi. but I do not agree and explain the difference. and finally they understand the bitcoin and ponzi systems. actually it's easy to tell the difference. but they already think negative about bitcoin.
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Nakedbitcoin
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May 20, 2018, 11:40:58 PM |
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I had arguments with my friends who are always tagging bitcoin with negativity. Today, we argued and I educated them on bitcoin and Ponzi scheme. To me Ponzi scheme is when developers takes money from new entrance to pay early birds,rinse and repeat until they raise enough and vanish. But bitcoin is not like that. Do you think I am right?
Yes... Friend, you're right bitcoin is not a ponzi scheme. In fact many country's accept bitcoin as legal tender in their country and also a lot of people trusting bitcoin for their investment. I think your friend has no idea what is bitcoin all about and what brings positive effect of this new technology. |
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dogetalk
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May 21, 2018, 12:19:54 AM |
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People who call Bitcoin a ponzi or a scam are afraid of it. They do not want to loose their power.
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djkyno
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May 21, 2018, 12:27:55 AM |
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It is really funny to ask such questions. There is no relation between Bitcoin and ponzi schemes. Bitcoin is a real and valuable crypto currency and everyday new investors start buying and trading it around the world with big volumes of money, because they know how much it is valuable and promising.
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dogetalk
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May 21, 2018, 12:32:31 AM |
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It is really funny to ask such questions. There is no relation between Bitcoin and ponzi schemes. Bitcoin is a real and valuable crypto currency and everyday new investors start buying and trading it around the world with big volumes of money, because they know how much it is valuable and promising.
Yes I absolutely agree, ponzi schemes are distributing the money from old investors to new investors lead by the founders. Bitcoin is owned by the people so there ist nobody who is in position to enrich himself. Bitcoin is decetralized. |
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ijsera82
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May 21, 2018, 12:36:03 AM |
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Why did you ask? It's not please. This is a global coin and business
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gesdan
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May 21, 2018, 01:51:15 AM |
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at the first time I know bitcoin I thought bitcoin is a Ponzi scheme too, but by the time I learn about bitcoin and blockchain, also try to have it some I realize that bitcoin is not a Ponzi scheme, it just like your money but doesn't have physic form, which is it just work digitally
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zhanghoqi5
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May 21, 2018, 01:54:07 AM |
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The ponzi scheme is a kind of swindle which is typical of robbing the east wall to pay for the old people's interests in order to increase the investment fraud fund. Obviously bitcoin is not.
Bitcoin is a constant digital currency.
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proearner12
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May 21, 2018, 02:12:14 AM |
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A Ponzi scheme requires a central organization to receive all the investments, Bitcoin is a currency traded on numerous exchanges with no central authority exchanging coins for value. The only way a cryptocurrency like Bitcoin could be used in a Ponzi scheme would be with the manipulation of smart contracts like those proposed for Ethereum by Massimo Bartoletti, Salvatore Carta, Tiziana Cimoli, Roberto Saia. As it stands, Bitcoin is NOT a Ponzi scheme but could be susceptible to one.
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miti bounty12
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May 21, 2018, 05:26:29 AM |
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No Bitcoin is the main power of Crypto
maybe You listen Wrong bitconnect project is Scam but bitcoin is Not .
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mdripon
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May 21, 2018, 06:15:11 AM |
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I had arguments with my friends who are always tagging bitcoin with negativity. Today, we argued and I educated them on bitcoin and Ponzi scheme. To me Ponzi scheme is when developers takes money from new entrance to pay early birds,rinse and repeat until they raise enough and vanish. But bitcoin is not like that. Do you think I am right?
Of course Bitcoin Ponzi is not the project. bitcoin is a digital currency and Technology is the currency. The journey of this currency started using the internet in the 1980s. This coin is doing its job without any administrator. So I think Bitcoin is not a Ponzi project,Rather, a tool to invest Bitcoin products. |
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demonz666
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May 21, 2018, 06:32:56 AM |
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Yes of course you are right. Bitcoin is not a Ponzi scheme, bitcoin is a digital currency that can be used for investment, for means of payment and can be traded. Bitcoin benefits us because of the fluctuation of its value. Bitcoin fluctuations are affected by demand and supply. While the Ponzi scheme is a false investment that pays profit to the investors from their own money or the money a new member enters. From here we can see bitcoin is not a Ponzi scheme.
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maslovp
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May 21, 2018, 06:33:45 AM |
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No, bitcoin is not a ponzi scheme. If it was one , it would not have survived for 9 years and grown so fast.
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bitcoinbillionaireboy
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May 21, 2018, 06:41:37 AM |
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BITCOIN can never be a scam, make sure you take a course on Blockchain technology so that you will understand how it works .
BITCOIN is just a prototype to test-run how Blockchain will functions.
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upisdown
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May 21, 2018, 07:12:29 AM |
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Bitcoin is not a Ponzi scheme, bitcoin is a digital currency used for buying and selling online in a digital way, like-wise the way we make use of our local currency to in our various home to buy our delay need. Bitcoin is the best among online cryptocurrency and good to invest.
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