Is cryptocurrency a ponzi?

[republicrypto]

Nope crypto is not a ponzi, just because a lot of ico scam,, it doesn't make crypto is ponzi
You should know how to choose a good crypto my friend
And i believe you will change your mind
Regards

[Coinrush20]

Just like any other business there are risk when you invest. Noww these companies are probably here to ride the current hype and that what business is all about, does it look bad in a way? Maybe but as long as there a willing investor who believe he or she can make profit these companies will exist. You might be surprised that most of them is just a branch of you favorite currency.

[redsun114]

Lol how can you generalise the entire crypto currency segment as a scam? Yes there are scam ico which loot ico of their money but it also exists in every field.

This is the lack of knowledge. Just because of some scam ICOs, one should never call the whole crypto as scam or Ponzi scheme. We have coins like Bitcoin and ETH which have gotten lot more potential and have been imparting great money and benefits after being viewed as scam in the start.

So I think the technology is never a scam and the people on its back make it happen. Bitcoin alone has the potential to replace your banking system and upgrade it to the nest level and many more great things.

[vixcious]

I think so. Because we invest in altcoin but no monthly income and we do not receive any reports from the company's board. So we can assume that the altcoins are ponzi models.

[olumyd]

I think so. Because we invest in altcoin but no monthly income and we do not receive any reports from the company's board. So we can assume that the altcoins are ponzi models.

I agree with you, most companies do not give a financial statement of how they run the business with the investor's funds. In some cases, they claim that they were not issuing shares but token offers; which according to them their disclaimer notices permits excludes them from severe legal actions. But who will ever simply throw money away into a project if they didn't consider it as an investment in the first place?

[cryptoskycap]

Crypto is not a ponzi scheme that will provide high profits from their own money or money provided by new investors. This crypto investment is like you invest dollars, you can get the price difference from selling and buying.

[jeniferqueen0409]

Cryptocurrency is like investing in stocks, it is a real investment. It requires us to analyze and evaluate the market. Ponzi? It is simply a scam.

[trumper]

It is not a problem, few projects can work on same thing basically they are not same, but today the reason we see lots of projects working on same thing is that they just want to raise eth and get rich.

[dinoloverpete]

All of the ponzi scheme accusations that are leveled at cryptocurrencies could also be leveled at many other things such as stocks or precious metals. They only continue to increase in value as more new money enters the market. Crypto is not a ponzi scheme and neither are they because of the fact they don't promise a return.

[gilangIDR]

All of the ponzi scheme accusations that are leveled at cryptocurrencies could also be leveled at many other things such as stocks or precious metals. They only continue to increase in value as more new money enters the market. Crypto is not a ponzi scheme and neither are they because of the fact they don't promise a return.

The fact shows that cryptocurrency is not a ponzi scheme. For anyone who says that cryptocurrency is ponzi, I just want to laugh. They have not seen how cryptocurrency evolved at this time, there are many changes that lead to positive things and even now many people have acknowledged that cryptocurrency is a form of digitizing the financial system in the world and this will be applied to the global financial system in the future. Cryptocurrency is a form of technological progress and this will form a system that is mutually sustainable and also requires each other.

[Mkpez]

Crypto is not ponzi, it's a well known digital currency. We have Fiat currencies "i.e paper money" commodity money "crude oil, gold or share" and digital currencies "crypto"

[Jacklowo]

All of the ponzi scheme accusations that are leveled at cryptocurrencies could also be leveled at many other things such as stocks or precious metals. They only continue to increase in value as more new money enters the market. Crypto is not a ponzi scheme and neither are they because of the fact they don't promise a return.

I think crypto currencies are not ponzi,
crypto currencies are a future where assets will become digital

[smoolae]

Nope, definitely not a ponzi, but indeed we have a lot of scammers and all those people dealing with cryptos who wanna get rich quick. Sadly, people like those mentioned were widely common when the total marketcap of cryptos was rising fast to 800bil. And thanks to that, people might often see crypto=ponzi.

[auliahr]

ponzi is a bad thing and I really hate it, there are a lot of ico scams, fail and also have the same concept or idea but cannot solve the problem or do not match their goals and roadmap. it's sad, because there is a lot of money that revolves around ico and also the best hopes from investors. but everything is gone and slowly they become useless shitcoin. I was confused, why did ico still keep selling and a lot of interested people?

[Soroskatona]

Nope, it is not. However, the hype might create an effect similar to ponzis, that more and more people buy into the coin, then suddenly everyone tries to reap the profits, and the prices go falling. But that is how trading goes.
Ponzi schemes have a bad intent from the start. Crypto is usually just trading. So it is not a ponzi.

[DeepChipolino]

In a sense, any financial market is built on a ponzi scheme. In order for someone to receive 2X, it is necessary that this money entered the market from other players.
More important is the question, will crypto be a bubble in the future?

[bttmember]

Definitely not a ponzi because they are backed by real projects/companies but if you take only trading secrion then one aspect definitely resembles with your point and that is constant flow of new money and volume for constant growth in value of coins but then again this is required in all the capital markets.

[Eddyc]

In my opinion, there is not cryptocurrency sense be considered ponzi in this case can we consider actions a ponzi style? I do not think so, cryptocurrency is considered to be an extremely aggressive and malleable investment. However let's not deny that there are projects related to the theme but we can not generalize and characterize the cryptocurrency market as ponzi.

[Catt95]

Anything and everything is a Ponzi...

What matters is, till when can it sustain...

Life itself is a Ponzi...

But yeah the Blockchain tech is revolutionizing the tech industry and is here to stay...

Not all. But yes a lot of people wants to be rich and they use everthing thay can think of to take money from people. Someone starts something and if it works the next day you have 10 new things like that and copycat and then scammers come in it also, and that what happened tin crypto. Thats what we have today. But not all is scam.

[sinkfish]

crypto is crypto. using crypto on ponzi doesnt mean crypto is ponzi. the important is how you use it. not what you use.