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Author Topic: People Say btc is Not ponzi but its look like ponzi  (Read 1449 times)
Pom_bensin
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December 09, 2020, 10:57:42 PM
 #181

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 ponzi? why if bitcoin ponzi but bitcoin price is not destroyed or the price doesn't dump? I find it funny to see statements like this that say bitcoin ponzi or something. because it's not proven
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December 10, 2020, 01:50:48 AM
 #182

Ponzi is Old investors getting payed from new investors

No. That is not a Ponzi scheme. Look it up.

In fact, if that is your definition of a ponzi scheme, then you must believe that most investments, including real estate, gold, silver, options, futures, all currencies, and stocks that doesn't pay dividends, are ponzi schemes.

Anybody that believes that Bitcoin is (or appears to be) a Ponzi scheme doesn't understand Bitcoin, or doesn't know what a Ponzi scheme is, or both.

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December 10, 2020, 02:01:42 AM
 #183

Peoples frequently get misled by somebody and begin calling it Ponzi. Its been a long time since bitcoin release and individuals are as yet using it and making colossal benefits.

Those who are not into this system are the one who keeps calling it as ponzi or scam types of investment, while for those
who understand the system are already benefiting from this market and enjoying everything.

I think those individuals who call bitcoin a trick or Ponzi plot are less taught in terms of contributing and hold bitcoins.

They are not fully aware, some might invest once and when fluctuations happened they easily moved and lose their  investment.

You need to pay profoundly tolerant when you put your asset in digital money, since it decentralizes it can be up any time

And vice versa, so make sure you are aware and you are willing to take the risk, understanding and knowledge is the key factors
to successfully invest to this market.
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December 10, 2020, 02:42:12 AM
 #184

I think you still need to educate yourself more about the importance and legitimacy of Bitcoin. A lot of us are living proof that Bitcoin really works and it isn't Ponzi. If you have a bad experience with your past investments in Bitcoin, I think it isn't the Bitcoin itself that you have to blame but the people who scammed you.
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December 10, 2020, 04:11:17 AM
 #185

It's been a couple of years now and I still see people thinking bitcoin is a ponzi scheme. Let me clarify this for you OP so you don't spread FUD among the newbies of this industry.

1. Unlike a Ponzi Scheme, here at Bitcoin, nobody's telling you you are going to profit, the secret to profiting here is through calculated trading behavior, timing, and yes, a bit of luck.
2. Ponzi schemes are much like pyramid scams, however here in Bitcoin, it's you, the demand of the public, and the odds that will determine your profits.

Peoples frequently get misled by somebody and begin calling it Ponzi. Its been a long time since bitcoin release and individuals are as yet using it and making colossal benefits. I think those individuals who call bitcoin a trick or Ponzi plot are less taught in terms of contributing and hold bitcoins. You need to pay profoundly tolerant when you put your asset in digital money, since it decentralizes it can be up any time

You got it. I'm seeing these kinds of posts coming from people who haven't even invested on even a teeny weeny bit of bitcoin. Perhaps they may wanna do their own research, instead of basing their claims by word of mouth.
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December 10, 2020, 04:20:08 AM
 #186

Who thinks Bitcoin looks like a Ponzi, that's wrong thinking. There are a lot of people who have a disadvantage investing in Bitcoin, they don't know the real Bitcoin, they only know as much as hear about Bitcoin, if they studied Bitcoin deeply, analyzed it and felt its benefits, maybe they wouldn't say that.
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December 10, 2020, 05:02:14 AM
 #187

Who thinks Bitcoin looks like a Ponzi, that's wrong thinking. There are a lot of people who have a disadvantage investing in Bitcoin, they don't know the real Bitcoin, they only know as much as hear about Bitcoin, if they studied Bitcoin deeply, analyzed it and felt its benefits, maybe they wouldn't say that.

Investing directly in Bitcoin is one thing, and investing in some of the shady cryptocurrency projects is another. In 90% of the cases, the scam project has hardly anything to do with Bitcoin (examples are OneCoin and PlusToken), but the payments are being received mostly in BTC and ETH. The victims pay these scammers with their BTC/ETH, and when the promoters vanish with these funds the media is quick to highlight the Bitcoin link.
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December 10, 2020, 06:06:50 AM
 #188

If Bitcoin is a Ponzi, Gold is a ponzi also. People decide what value they want to put in a thing. No one is forcing anyone to buy or trade Bitcoin, its all up to you. Unlike ponzi, Bitcoin gain its value from people's demand. Just like any other store of money, Bitcoin has really no value (same as the paper money), but a community decide to out value on it. Bitcoin is more than just the traditional way of storing money, it makes a revolutionary system where holders has full control over their fund.
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December 10, 2020, 05:24:04 PM
 #189

Maybe because in their country their a lot of ponzi scheme and only people we're invited just to invest and promising to doubled their money within a month or just a day , it is true that other people are lack of knowledge on what they doing and yet still looking for easy money , There's no way to earn money even in trading you need to have knowledge on every decision you made. Bitcoin is per to per and can make big profit in it when you use your mind. It is really hurts when someone talking about bitcoin that it is scam and no one believes it because of people keep destroying the image of bitcoin.

People who experience losses often claim Bitcoin is a scam or Ponzi, as they believe it's a "get rich quick scheme". They don't care about the currency itself as long as their pockets are filled with money. If Bitcoin would've been rising non-stop in price, we would expect more people to express their support to it. But that's not the way Bitcoin works as people are the ones who truly determine its price on the market. It'll have its constant ups and downs in price just like stocks listed on the stock market. The only difference is Bitcoin's huge volatility in price compared to traditional stocks.

As long as Bitcoin remains the target of mainstream governments and central banks, it'll face criticism from the public. The vast majority of people in the mainstream world are afraid of Bitcoin because they believe it's a scam or Ponzi scheme. Add to that hacks and theft, and you'll see why so many people continue to use Fiat on top of Bitcoin today. As I've said before, the decent number of supporters backing Bitcoin should keep it going for a very long time. It doesn't matter what the mainstream media and governments say about Bitcoin, as long as the same delivers as promised. Decentralization and censorship resistance is what it's all about in order to deliver sound money to the world. Bitcoin has enabled people to be owners of their money for the first time in history. I'm sure that someday the public will understand that Bitcoin is a legitimate alternative to the current monetary system. In the meantime, expect some level of skepticism from most people in the mainstream world. Just my thoughts Grin

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February 12, 2021, 08:43:28 AM
 #190

There is More proof and evidence that it is ponzi.
A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. The scheme leads victims to believe that profits are coming from product sales or other means, and they remain unaware that other investors are the source of funds. This is what a Ponzi scheme is. Bitcoin isn't a ponzi scheme because it doesn't do that.

If you believe that bitcoin is a ponzi, then A) it should have been corrupted by now and B) you should believe that stocks, gold and other assets are all ponzis, because they neither do what a ponzi scheme does.

So yes, you either don't know what is bitcoin or ponzi or both.

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February 12, 2021, 08:57:44 AM
 #191

Bitcoin is not a ponzi scheme is simply because it is money. It’s just as easy to call the USD a ponzi scheme because it has equally as little inherent value as bitcoin does. The only reason Bitcoin and the USD have value is because people believe it does.

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February 12, 2021, 09:31:39 AM
 #192

Bitcoin exist and has believers since 2009.... so if it is a ponzi then is probably the most successful ponzi ever......
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February 12, 2021, 09:39:15 AM
 #193

If Bitcoin is a Ponzi, Gold is a ponzi also. People decide what value they want to put in a thing. No one is forcing anyone to buy or trade Bitcoin, its all up to you. Unlike ponzi, Bitcoin gain its value from people's demand. Just like any other store of money, Bitcoin has really no value (same as the paper money), but a community decide to out value on it. Bitcoin is more than just the traditional way of storing money, it makes a revolutionary system where holders has full control over their fund.
That is not how Ponzi works, Ponzi scheme works in a way that one investor's money is doubled because it came from the money of the other investor whilst the other investor waits for his money to double, they recruit people into investing in it and paying the older members. Bitcoin is not a Ponzi in anyway, are there higher entities that pay the old investors when a new investors come in? Absolutely not, because bitcoin is not a scheme, it is half asset and half currency which means that it is affected not only affected by investor but also by supply and demand. Bitcoin also has a limited supply while most Ponzi's will continue as long as there are recruits. People did not decide the value in paper money or gold, the higher class decided and the people trusted their judgment.

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February 12, 2021, 09:40:36 AM
 #194

Bitcoin exist and has believers since 2009.... so if it is a ponzi then is probably the most successful ponzi ever......
It wouldn't be the most successfully ponzi, because it doesn't fulfill the necessary conditions of a ponzi! On a ponzi scheme, as I wrote above, investors lure the recent investors to deposit funds believing that they'll have profit. On bitcoin there is no form of fraud. There is no Charles Ponzi that can take everyone's funds and leave anytime.

Bitcoin can't be a ponzi.

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February 13, 2021, 11:10:08 AM
 #195

bitcoin is NOT a ponzi, on the other hand USD is a ponzi and here is why:
1) You always know how many bitcoins are in circulation but you DONT know how many USD are
2) once you get the bitcoins in your hand IS TRULY YOURS, no body can control your bitcoin on the other hand
there is nothing you can do in order to save your $$ from the systemic government corruption
they can freeze your bank account, they can empty your bank account and EVEN if you bury your money in the land they will still be able to
rob you by printing new money. No matter how much $$ you earned , you never are truly owner of your wealth unless if you exchange your $$ with bitcoins
3) Bitcoin DIDN'T promise me anything, once I bought 1 bitcoin the only promise I got is that I will always have 1 bitcoin. Everything else are promises you get
only from the government corruption which leads people to avoid fiat currency.
4) Nowadays , universities are offering cryptocurrency technology lessons and all banks are experimenting with blockchain technology, do you really think that
all these people are stupid enough to fall for a ponzi sheme? I do not think so!

And something else

All currencies benefit from new adopters and lose every time the adoption falls , if the biggest 200 corporations of the planet tomorrow STOP accepting payments in USD$ then with 1 USD $ you won't be able to buy 1 cent of EURO.... 
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February 13, 2021, 03:30:45 PM
 #196

For something to look like something doesn't mean it is the main thing. Pinzi is a scheme to siphon and gather resources from people in a bid to swindle them under the pretense of an investment with a ridiculous profit margin. Bitcoin can be used for ponzi, but it is not Ponzi itself.

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February 17, 2021, 05:26:18 PM
 #197

Bitcoin is Ponzi for those who don't know using bitcoins.
Actually, we should invest as much as we can afford to lose.
Without any knowledge, people continue placing their cash in bitcoin for the present moment, and when they came to know bitcoin is falling, they begin calling it Ponzi or trick coins.
Bitcoin is not a scam; However, it is being used in many fraudulent activities

Exactly. It seems to me that most people don't understand that Bitcoin is all about. If they did, they're wouldn't be spreading misinformation that it's a "scam" or a "Ponzi scheme". Such ignorance from those who believe everything central banks and governments say against Bitcoin. It's important to keep in mind that Bitcoin is not about making money, but being an alternative to the current monetary system. Losing money with wild fluctuations in price, isn't a reason to believe Bitcoin is a scam or a Ponzi. The fact that no single entity controls Bitcoin, tells us that the cryptocurrency is truly legitimate. Decentralization and censorship-resistance is all that matters in order to give people control over their own financial life.

Nonetheless, I believe that Bitcoin will do fine regardless of what some people think about it. The decentralized and open source nature of Bitcoin will keep it going for many generations. Eventually, everyone will realize that Bitcoin is a legitimate and truly unstoppable cryptocurrency. But this will take some time, as crypto/Blockchain tech is still not mature in the mainstream world. Just my thoughts Grin

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February 17, 2021, 05:33:13 PM
 #198

Bitcoin is Ponzi for those who don't know using bitcoins.
Actually, we should invest as much as we can afford to lose.
Without any knowledge, people continue placing their cash in bitcoin for the present moment, and when they came to know bitcoin is falling, they begin calling it Ponzi or trick coins.
Bitcoin is not a scam; However, it is being used in many fraudulent activities

Exactly. It seems to me that most people don't understand that Bitcoin is all about. If they did, they're wouldn't be spreading misinformation that it's a "scam" or a "Ponzi scheme". Such ignorance from those who believe everything central banks and governments say against Bitcoin. It's important to keep in mind that Bitcoin is not about making money, but being an alternative to the current monetary system. Losing money with wild fluctuations in price, isn't a reason to believe Bitcoin is a scam or a Ponzi. The fact that no single entity controls Bitcoin, tells us that the cryptocurrency is truly legitimate. Decentralization and censorship-resistance is all that matters in order to give people control over their own financial life.

Nonetheless, I believe that Bitcoin will do fine regardless of what some people think about it. The decentralized and open source nature of Bitcoin will keep it going for many generations. Eventually, everyone will realize that Bitcoin is a legitimate and truly unstoppable cryptocurrency. But this will take some time, as crypto/Blockchain tech is still not mature in the mainstream world. Just my thoughts Grin
Negative words cant really be taken out into this market specially with bitcoin even into those early years where bitcoins adoption or recognition didnt still take off where doubts and hesitance
are evident due to media bad publicity and government negative words or attacks towards it but it still it do able to withstand the test of time and it seems these words doesnt really effect
anymore into it.Just let those people do talk and tell all they want but for sure they would really be changing up their minds once they had able to study and research about bitcoin even more.
They will really be changing up their views and would turn into a believer or supporter instead.

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February 23, 2021, 08:08:19 AM
 #199

Ponzi for those who don't know how to use bitcoins.
Actually, we should invest as much as we can afford to lose.
Without any knowledge, people continue placing their cash in bitcoin for the present moment, and when they came to know bitcoin is falling, they begin calling it Ponzi or trick coins.
Bitcoin is not a scam; however, it is being used in many fraudulent activities
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February 23, 2021, 10:43:15 PM
 #200

I don't know what your bases are to have concluded on btc to be some sort of ponzi scheme or operated on a ponzi principle but, i'm very much happy to put it to you @OP and those alike that, btc is never a ponzi scheme. Saying btc is a ponzi kind of set up is more like you saying your local fiat is a ponzi! It doesn't make sense right? That's it!

Bitcoin is a currency and nothing more. It's uses has nothing to do with it rather than exchange and value. What makes a ponzi what it is, is the scheme, how it operates. No doubt btc can be used as a payment media withina ponzi scheme but that's it, just a media due to its value as an exchange commodity.

A ponzi, is a scheme that encompasses referrer programs and getting new users into the system so as to pay old users from funds generated from new users and down lines. It's a pyramidal thing and bitcoin is nothing of such. That's the difference.

Viewing Bitcoin as some sort of ponzi is a misconception and should be erased from your thoughts.

R


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