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Author Topic: First Bitcoin financial pyramid: it's stupid but it works!  (Read 6802 times)
ForScience
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July 23, 2010, 11:10:01 PM
 #21

PLEASE STOP SEND ME YOUR MONEYS!11

btc client running on the server without gui and I can't send your moneys backward - I dont see payments comments!

I do not want this fraud experimemt was a real fraud  Roll Eyes
you posted your address and you didnt expect anyone to send you money? somebody didnt think their scam through Angry i was going to keep sending back a third of my earned money so that i was never at risk after the first return

my address 16YXoiWXiPZcv6ScF9aT1nRZ2LEsWs8kkV is in the from field and you can verify it all you have to do is stop the client and copy your files to your local computer and then run bitcoin

bitcoins are really hard to generate you dont want to know what i had to do to get those .03 bitcoins so please refund my bitcoins i was the first to publicly donate to this opportunity so you really should send me all .06 bitcoins anyone else who wants to reward my investigation for science is welcome to send me bitcoins as thanks to the above address
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RHorning
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July 24, 2010, 11:02:30 AM
 #22

To be fair, a pyramid scheme is not necessarily a scam if it is acknowledged to be a pyramid scheme. Early "investors" will indeed get double their money back, at the expense of the later investors.

Think of it as speculation: "I wager that I will be in the first half of investors." Or really earlier than that, depending on what kind of a cut the "scammer" takes.

Of course, that doesn't make it a smart investment.

Pyramid schemes are not just a scam, but illegal in many jurisdictions and can have even larger consequences.  There was one pyramid scheme that before it ran out of steam ended up collapsing the entire economy of Albania as a substantial number of people (including many government employees) got caught up into the concept and lost their shirt.  It led to a political overthrow of the government.  That is the stuff that really make financial regulators really sweat when they see a pyramid scheme.

Even "legal" schemes like Amway or other "multi-level marketing companies" (to me a very poorly disguised term for a pyramid scheme) have their problems and I know personally many people who have unfortunately been shafted from their involvement in those companies.  At the very least, it rips apart communities who get involved with the concept no matter how it is dressed up to look pretty.

1FLK3uUT3Vup5JtkGJVXKHAoS3AZWPcKdv
ForScience
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July 24, 2010, 03:12:54 PM
 #23

I've not seen my BTC 20 yet. I'll give him another 24 hours before adding him to the list of scammers.
if he sends you 20 that also makes him a scammer, if he refunds you your money then theres no reason to list him as a scammer, he admitted that he screwed up and so long as he refunds then theres no reason to go to the extreme of listing him as a scammer, after all it was pretty pretty clear that he was joking which is why i only risked .03, although it was a very hard earned .03

anyway i have now received my refund of .03, but i would have liked to have received .06 in return even if that made him a scammer Grin
FreeMoney
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July 26, 2010, 11:14:46 AM
 #24

if he sends you 20 that also makes him a scammer
He's only a scammer if he fulfils his promise (to pay me BTC 20) with someone else's money. If he fulfils the promise with his own BTC, he's honest.

Really? There is some difference between his money and other's money? I say if he fulfills all promises he is not a scammer.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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July 26, 2010, 12:56:09 PM
 #25

Really? There is some difference between his money and other's money? I say if he fulfills all promises he is not a scammer.
I don't think we disagree.

If he fulfils all his promises, he is not a scammer.

If he fulfils his promise to me, he has not scammed me. However, if he fulfils his promise to me by scamming someone else (which I loosely referred to as "with someone else's money"), then he is a scammer.

(Still waiting to see my BTC 20 from 'weed').

Yeah, we agree. If he's just putting off the default he's a scammer.

I wouldn't hold your breath.

Though I think weed is just dumb, not intentionally malicious.

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eugene2k
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July 27, 2010, 10:11:08 PM
 #26

I sent 21 million bitcoins, and I'm still waiting...
Haven't laughed so hard in quite a while Smiley
Anonymous
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July 28, 2010, 01:53:19 AM
 #27

In fact, the result is very good for BC - not one penny has been sent

The average IQ may be higher here than the forums with titles like "MAKE MONEY AT HOME THE EASY WAY DOT COM"

lulz

I also have a bridge on sydney harbour for sale.It is a bargain for only 1,000,000 BTC

Get in quick before the exchange rate changes!
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