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Author Topic: People Say btc is Not ponzi but its look like ponzi  (Read 1391 times)
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October 19, 2020, 05:17:44 PM
 #121

Bitcoin is not a ponzi scheme. Bitcoin is a decentralized system, no one controls it. but most ponzi scheme are centralized which means they have people that manipulate the system.

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October 20, 2020, 11:44:28 AM
 #122

Bitcoin is not a ponzi scheme.

Bitcoin is a worldwide payment system and crypto currency, Bitcoin has been unpredictable. So you have a decentralized volatile currency that uses technology that most people do not understand and right now it is parabolic. You either fall into one of two camps. You either assume it's going to continue to grow in value and you can make money off it, or you can think it's going to crash and burn.
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October 21, 2020, 02:09:32 PM
 #123

Bitcoin can't be Ponzi because Bitcoin is more than 10 years old and its value continues to rise over the long term (including downward adjustment). Just like fiat money, there is always an exchange around Bitcoin. Bitcoin's liquidity is quite large and the number of people using Bitcoin increases over time.
Many countries agree Bitcoin is a legitimate means of payment.





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October 21, 2020, 03:39:29 PM
 #124

How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


I laughed real hard when I came across this post, like seriously?
Bitcoin a ponzi? A ponzi that has been around for a decade now Cheesy, that doesn't look like a ponzi to me, so NO, BITCOIN IS NOT A Ponzi, although some public figures (e.g Warren buffet, Peter schiffs etc) label it to be one but it's not, after all it never promisesd us unreal profits like the regular ponzi schemes out there do Cheesy, the only set of people who think this way are people who want to make insane profit out of it fast.

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October 22, 2020, 03:10:41 AM
 #125

Investing in ponzi the investors lost their money but if the investors invest to the bitcoin they earn profit.
It does not work in such way. Investing to Bitcoin do noes not guarantee profit and that's the factor making it not a ponzi. Things related to ponzi are promises that huge profit will be earned upon investing, while in Bitcoin, it does depend to the investor on how he would make a profit - market analysis, when to buy and when to sell. Investors of Bitcoin are the ones making profit and the natute of its market value is just a factor which is its volatility. There are times wherein the market value of not only Bitcoin  but also other cryptos, thus causing partial profit loss.
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October 22, 2020, 03:31:49 AM
 #126

For the people who doesn't have much knowledge about bitcoin, basically the person who doesn't believe the technology growth will never understand bitcoin. Mostly these people term bitcoin as a ponzi, and this is the mistake of the user. Using the name of bitcoin more number of ponzi were promoted and common people who doesn't have any understand about cryptocurrencies were the target.


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October 22, 2020, 03:36:54 AM
 #127

Investing in ponzi the investors lost their money but if the investors invest to the bitcoin they earn profit.

You should read again what ponzi is and why bitcoin is not ponzi. Bitcoin has never promised benefits for those who want to use bitcoin. Users come to Bitcoin with their own interests, such as paying domain bills, or buying some adult content.
You have the option to sell your asset, or buy something else, or maybe send it to your friends as a gift, and if you are hungry, buy pizza.

In bitcoin, no existing users benefit from the arrival of new users
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October 25, 2020, 12:17:31 AM
 #128

How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?



With due respect, Bitcoin is not create at the first place to be an investment. Always remember that. In its whitepaper, Satoshi Nakamoto created it as medium of peer to peer to eliminate third party involvement especially with financial institutions. Created with coincidence after the 2008 economy breakdown and distress in USA because of broken financial system which resulted to millions losing of jobs, closure of business and lost of money by a lot of investors too. Bitcoin was maybe created also as a hedge of the broken FIAT system created by the government which was finally exposed during that time in 2008 which a lot of hedge fund managers like Paul Tudor invests in it too and a lot of institutions are finally eyeing with Bitcoin example to the newest news about Paypal integrating cryptocurrency which is a very very big news. Call that ponzi. Peace!

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October 25, 2020, 01:27:56 AM
 #129

For something to be ponzi, it would require new people to keep on joining and increasing their investment on it to make it run. But that has not been the case with Bitcoin. Bitcoins actually have value and you can buy products and services using bitcoin. Bitcoin doesn't goes on increasing in price either. It's price increases or decreases according to market. Bitcoin is limited in supply, with fixed amount of coins minted, they would circulate but no new bitcoin would be added. It makes bitcoin a less of ponzi than fiat currency.





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October 25, 2020, 07:01:56 AM
 #130

How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


LOL are you serious?
You shouldn't compare Bitcoin with a ponzi scheme the proof that you are talking about are the early investors right they earned what they gained by having faith on Bitcoin.
Nobody promised anything when you invested in Bitcoin or buy some Bitcoin unless you are one of those who just invested because of the profit that has been shown by others or been interested because they heard or read some people become rich due to Bitcoin or crypto.
You should try to research more in order to have deeper insight not just some useless proof that you are talking.
Then would you also call a stocks that has been pump a ponzi? would everything that would gain value in the future be considered as a ponzi for you?

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October 25, 2020, 07:16:54 AM
 #131

For something to be ponzi, it would require new people to keep on joining and increasing their investment on it to make it run. But that has not been the case with Bitcoin.

That's correct! ponzi relied alone with signup and new peps to keep coming in order to workout and continue business, bitcoin ain't relied with that but instead with usages, it follows supply and demand.

Bitcoins actually have value and you can buy products and services using bitcoin. Bitcoin doesn't goes on increasing in price either. It's price increases or decreases according to market.

Just like what I have said, it follows the supply and demand but aside being use as tool for investment there are already many ways where you can use this coin, many established business are already catering bitcoin as part of their payment transactions.

Bitcoin is limited in supply, with fixed amount of coins minted, they would circulate but no new bitcoin would be added. It makes bitcoin a less of ponzi than fiat currency.

With such principles, the  more people and businesses to accept and start using bitcoin the more valuable it can turned to, limited supplies with high demands will surely bring decent in terms of it's valuation.

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October 25, 2020, 10:57:23 AM
 #132

Numerous individuals call it as venture since they see the is excellent for long haul speculation. Bitcoin nor fiat are ponzi, however can be utilized to pay for con artists. Be that as it may, fiats consistently downgrade and its value is turning out to be lesser constantly, in lacking and non-industrial nations. Bitcoin is utilized to be an installment apparatus. With every one of these realities, how might you express that Bitcoin is a Ponzi? Are you daze and overlook each sure side.

|--- ★ ◆ ---
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October 25, 2020, 11:25:54 AM
 #133

Bitcoin does not Ponzi it is usually used for investing these arguments often lead to the belief that it is still difficult to understand why people are still comforting just why they would put a penny in Bitcoin. This only applies to fools and those who dream of making quick money. The main goal of Bitcoin was to create decentralized peer-to-peer magic internet money for the people of the world. Wallets are working to develop privacy features but time will tell if they can help protect privacy when powerful forces work to deactivate transactions and owners.



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October 25, 2020, 12:07:17 PM
 #134

If someone says that Bitcoin is a Ponzi, then he either doesn't know what is a Ponzi, or he has no idea about Bitcoin (or both). One thing that differentiates Bitcoin from all the other technology innovations is that it's inventor never tried to profit out of it. Satoshi Nakamoto could have easily pre-mined a couple of million coins and dumped them in 2017 when the ATH was achieved. But he never did that.

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October 26, 2020, 03:08:39 AM
 #135

Bitcoin is undoubtedly a ponzi conspire in light of the fact that there are a few people who use Bitcoin as an apparatus to make a ponzi plot venture for their own advantage and for this situation the ponzi plot isn't bitcoin, however a stage made by a portion of these individuals. It doesn't even worth to contend with you since most importantly you need to peruse a great deal of things about it and not just consider gossipy tidbits that a few people.

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October 26, 2020, 04:31:45 PM
 #136

Not sure what the OP’s agenda is but it’s quite embarrassing to be honest. Ponzi schemes don’t last this long & they don’t attract the kind of high profile investors & institutions that bitcoin does.

Bitcoin it the safest currency in the world, nothing compares. There is no alternative currency that is so scarce & valuable.


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3meek
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November 01, 2020, 03:18:53 PM
 #137

Not sure what the OP’s agenda is but it’s quite embarrassing to be honest. Ponzi schemes don’t last this long & they don’t attract the kind of high profile investors & institutions that bitcoin does.

Bitcoin it the safest currency in the world, nothing compares. There is no alternative currency that is so scarce & valuable.

In fact, a lot of cryptocurrencies are valuable and can be compared with bitcoin... For example Monero, which has excellent privacy and can be used instead of fiat money!
However, I agree with you that bitcoin is cryptocurrency #1 and has the greatest trust among its users!


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supine
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November 01, 2020, 03:51:16 PM
 #138

How anyone who Say Can proof Bitcoin is not ponzi?

There is More proof and evidence that it is ponzi.

I Don't mind If its ponzi but i Don't want to exit too late but not too early so When is best time to exit?


Bitcoin isn't ponzi and wasn't meant to be an investment I think Satoshi created it for the people to be decentralized and to gain freedom from the government,
It is us who just put it that way and use it as an investment Bitcoin didn't even promised profit to be called or compared to a ponzi schemes.

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November 01, 2020, 04:01:36 PM
 #139

The first point is that bitcoin is decentralized and there's nobody to control it if were a ponzi scheme.
The second point is that nobody is telling you to invest in bitcoin. People are buying it at their own will.
The third point is that bitcoin does not promise high returns and it's price increases/decreases based on the demand.
I have many other points but these 3 are sufficient to say that bitcoin cannot be classified as a ponzi and to be honest this has been proved several times earlier.

.
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November 01, 2020, 04:28:54 PM
 #140

Bitcoin is Ponzi for those who don't know using bitcoins.

Bitcoin is Ponzi for those people who really don't know bitcoin. Like in our country, most people think it's a Ponzi scheme because of the news of Scam investment that was using Bitcoin's name to gain more investors. But we all know bitcoin is not a Ponzi scheme. Actually, bitcoin gives us many opportunities to earn money online, transact in any part of the world. The only bad about bitcoin, some users of bitcoin use it for illegal things.

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