ninio
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June 22, 2018, 07:28:01 AM |
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bitcoin is not a ponzi scheme its an altcoin a digital money or a crypto currency which is the best and the king of all altcoin. Ponzi scheme is a illegal activity that other do to steal money from other people specially investors. Some ponzi scheme are using bitcoin to their illegal activity thats why they think bitcoin is one of the ponzi scheme which is really bad for the good image of bitcoin.
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Whoever mines the block which ends up containing your transaction will get its fee.
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samelvis
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June 22, 2018, 07:33:31 AM |
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Bitcoin is not a pyramid scheme. Its a coin backed up with technology that has real use case
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cleygaux
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June 22, 2018, 07:37:33 AM |
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A big No and it will never called bitcoin a ponzi its a digital money that developed to make peer to peer payments more affordable transactions look at its source code its open source its very transparent how this technology works far enough to be related to ponzi shemes.
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kopylovk
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June 22, 2018, 07:41:22 AM |
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No, it is not a ponzi scheme. Ponzi scheme is based on adding new member to buy the product for commission. No such option with bitcoins.
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tukangsiomay
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June 22, 2018, 07:43:17 AM |
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Bitcoin is not a pyramid scheme. Its a coin backed up with technology that has real use case
yes bitcoin is not ponzi/ pyramid scheme, bitcoins are more like stock, shares of a company with no assets, no products, and no staff or shares in a pure ponzi schema. The value of bitcoin is supposed to come only from the existence of an secure ledger that records the distribution of coins among numerous accounts. |
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lukas52
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June 22, 2018, 09:11:00 AM |
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Bitcoin is a commodity that has value because people have a use for it. One use is as a method of payment
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mohammedhwang
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June 22, 2018, 09:45:17 AM |
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Bitcoin is a digital money it is like our regular currency but this is in the form of digital money.Bitcoin costs are high. Bitcoin is not used to transfer money. No projects on Bitcoin. Prices only go up when there are more buyers, so it acts like the current Ponzi scheme.
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blue_id69
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June 23, 2018, 06:35:42 PM |
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Here in cyberworld scammers and spammers are rampant which those people can think bitcoin is not exist and to think that it's just a ponzi scheme.
i just see that bitcoin is like gold but in digital form, so if you think that bitcoin is a ponzi scheme maybe gold is a ponzi scheme too, hahaha. it just my opinion i dont know people think about bitcoin and i hope your argumetation with your friend will clear soon
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vvaswert
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June 23, 2018, 06:36:25 PM |
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That is the ideology that bitcoin critics always hold, that bitcoin is a ponzi scheme, without them knowing the blockchain technology and what bitcoin really stand for. Ponzi scheme depend on others money to fulfil their promises ,but bitcoins is different.
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upsideover
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June 23, 2018, 07:05:21 PM |
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By definition a Ponzi is a fraud investors are tricked into joining, which dies when there are no longer sufficient new investors.
Bitcoin tech couldn't be more transparent, however much the price may undulate, bitcoin has function and substance worth investing in unlike a Ponzi.
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moshk555
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June 23, 2018, 07:20:47 PM |
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The internet is full of people like Mark Cuban and great investors like Warren Buffet who are not in favor of investing in bitcoin and then there are tech companies which are building it own sub companies and investing highly in crypto and blockchain, its just a matter of understanding the system, crypto is a risk but a risk worth taking. But it is not a Ponzi scheme.
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mommysean
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June 24, 2018, 02:11:08 PM |
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Ponzi always give profit for peoples who join earlier, but bitcoin not.
If you believe that bitcoin is a ponzi scheme, then you can look for the peoples who join bitcoin late.
in bitcoin, Even if you join late, you still will get the profit later.
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youngsoft
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June 24, 2018, 02:51:30 PM |
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Bitcoins are basically a product with a settled rate of issuance. It's anything but a ponzi on the grounds that after you've obtained bitcoins, there is no guarantee broadened that you can recover them for any esteem and there are no profits paid to the individuals who hold bitcoins. Bitcoins are exchanged, so the swapping scale can rise or fall, so there are the individuals who will purchase or offer bitcoins to hypothesize on the cost
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mudasarali43
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June 24, 2018, 07:14:33 PM |
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No, Bitcoin is not a Ponzi scheme, Bitcoin is working on latest blockchain technology that is well-known technology and in other ways, Bitcoin is legally treated in many countries, If it is Ponzi than it does not deal as legal money,
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CryptoBill1
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June 24, 2018, 07:31:31 PM |
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Not at all
Ponzi scheme doesn't have any product under it. So people invest in an air but bitcoin has a revolutionary technology which can really change the world that's why so many people invest in bitcoin and they are god damn right!
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jjjrmy
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June 24, 2018, 07:33:12 PM |
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If bitcoin was ponzi scheme it would have run away and we wouldn't have bitcoin. Bitcoin has survive in good and in very bad times as well. Ponzi scheme is where there are people behind bitcoin but bitcoin don't have backing so how it can be ponzi scheme.
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evichi
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June 24, 2018, 08:15:41 PM |
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Bitcoin is far from being a ponzi scheme. Ponzi scheme (which appears in different disguise these days) is a scheme that uses the money of new "investors" to pay older "investors"). I used "investors" because the scheme usually do not invest in anything. The new investors are their investment. After a while, especially when there are no new investors, the platform owners absconds with the people's funds. Bitcoin is far from this scenario. Bitcoin is decentralized. Nobody holds your funds as long as you have your private keys and password. You can withdraw your money at anytime. Those who bought Bitcoin in 2009 still have their funds in their wallet unless they have withdrawn it. If it were a Ponzi scheme, the scheme would have vanished long time ago. Certainly, Bitcoin is not and cannot be a Ponzi scheme.
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kha180740
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June 24, 2018, 08:18:20 PM |
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Bitcoin can't be ponzi. Nakamoto didn't scammed single person. Bitcoin doesn't been hold by 1 person. Maybe Bitcoin growing rate made it so people are still thinking it's something like ponzi.
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NereuFajardo
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June 24, 2018, 08:44:45 PM |
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if you really think that bitcoin is a ponzi scheme only because of the price crash, then it only means that you are an unexperienced investor in here
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Ucy
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June 24, 2018, 10:21:39 PM
Last edit: June 25, 2018, 01:10:33 AM by Ucy |
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Right. None of the ponzi scheme created the same year with Bitcoin still exists today. The scheme doesn't last very long because the maths doesn't work that well... Early investors usually get enriched before the scheme implodes. Cryptocurrency is a bit like Stock market but more advanced. Cryptocurrency also servs as currency.
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