Ponzi Schemes On The Rise Raking In Bigger Amounts Than Ever

[srgkrgkj]

Ponzi schemes may not be everyones cup of tea when gambling for profits, but this type of fraud has been one of the main criminal activities that has tainted the name of Bitcoin. Ponzi schemes may be seen as a form of investment by some or a form of gambling by the majority but one fact has been cemented, Ponzis are here to stay.


Read the full story exclusively below

http://www.btcfeed.net/fraud/ponzi-schemes-rise-raking-bigger-amounts-ever/

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[pozmu]

Cryptodouble has been great so far, I'm sad I didn't invest more in the very beggining, but it still feel safer than any ponzi ever. The fact they accept investments in ~200 different cryptocurrencies is amazing!
IMHO this is most spectacular crypto ponzi so far, congrats to its creators.
Long live cryptodouble 

[Vod]

Cryptodouble has been great so far, I'm sad I didn't invest more in the very beggining, but it still feel safer than any ponzi ever. The fact they accept investments in ~200 different cryptocurrencies is amazing!
IMHO this is most spectacular crypto ponzi so far, congrats to its creators.
Long live cryptodouble 

Of course you are posting your referral link and will make money off the stupid people who click on it.   

[jonald_fyookball]

what's interesting is that they aren't hiding the fact they are ponzis...just blantantly shamelessly promoting them.

[innocent93]

Check the Gambling section,you will find a new Ponzi with 700 BTC played within 2 days , you can see how greedy people are.

[Q7]

What makes ponzi schemes connected solely to bitcoin? It seems to taint btc reputation and in fact, there are even more ponzi based on fiat. If it is too good to be true, avoid it.

[R2D221]

[...] but it still feel safer than any ponzi ever. [...]

But that doesn't necessarily mean it's safe enough.

[BTCreward]

Cryptodouble has been great so far, I'm sad I didn't invest more in the very beggining, but it still feel safer than any ponzi ever. The fact they accept investments in ~200 different cryptocurrencies is amazing!
IMHO this is most spectacular crypto ponzi so far, congrats to its creators.
Long live cryptodouble 

It is another ponzi scam. Just because they are paying out today does not mean they are going to continue to pay forever. They eventually will end up running away with investor money

I think the reason that bitcoin sees so many ponzis is because it is so easy to hide your identity when dealing with bitcoin 

[Chef Ramsay]

Cryptodouble has been great so far, I'm sad I didn't invest more in the very beggining, but it still feel safer than any ponzi ever. The fact they accept investments in ~200 different cryptocurrencies is amazing!
IMHO this is most spectacular crypto ponzi so far, congrats to its creators.
Long live cryptodouble 

It is another ponzi scam. Just because they are paying out today does not mean they are going to continue to pay forever. They eventually will end up running away with investor money

I think the reason that bitcoin sees so many ponzis is because it is so easy to hide your identity when dealing with bitcoin 

Plus, people are blinded by getting unrealistic returns for any length of time. I get that people want to add to their stash of bitcoins but when you'll inevitably get burned time and again by engaging in activities like this is becomes obvious that the best way to secure your stash is holding what ya got and having a job so you can incrementally buy more. Be smart not greedy and you'll save yourself getting ripped off.

[Bit_Happy]

Do bag-holders need a new bag to make life more exciting?
I don't understand the repeated attraction to Ponzi scams, since casinos are for gambling and trading/exchanges are good for a risk where you can actually make money in the long run.

[m3]

Just like there were plenty of scams at the beginning of the internet. People will get smarter and eventually learn, it just will take time.

[gadman2]

Tripling bitcoin in negative 2 hours, minimum of 1000 btc, send to my address in sig to get 3x back in negative 2 hours. brb

THE SATIRE IS HEAVY

[Enzyme]

I know, and with the recent addition of 'fees', they provide a great incentive for someone to run one.

[ViciousPlayer]

Even in the crypto world, they are all over. It just seems like every other altcoin that pops up is one. It is either that or some other PnD. It's sad really when there is so much more to be gained with trust in crypto instead of people getting worried about the next scam.

[LiteCoinGuy]

cool website: "crypto double"   haha

just imagine what scams will happen when we reach a market cap of 40-50 billions in BTC. alot more than today. you cant change that unfortunately. the good grows and the bad too.


i estimate that Paycoin/Paybase was the biggest Scam/Ponzi Scheme after mtgox.




 

[MegaHustlr]

Do bag-holders need a new bag to make life more exciting?
I don't understand the repeated attraction to Ponzi scams, since casinos are for gambling and trading/exchanges are good for a risk where you can actually make money in the long run.

It's the appeal for what seems like really easy profit. Everyone thinks they can get in early and believe they have gotten in early when they first deposit. Once a return is received, they try again with a larger amount maybe and continue until it's too late and they haven't realised that they won't be getting their deposit back.

[bitcoin_purist]

...If it is too good to be true, avoid it.

Then you should avoid bitcoin in the first place.
Bitcoin is too good to be true. It's almost perfect.

[15Lemon714]

Hustle hustle aint it what the games about?

one of these %%&* heads got 700btc just last week lol

Greedy people want a quick get rich fix so they get penetrated which should atleast teach them after a few times 

[okae]

Cryptodouble has been great so far, I'm sad I didn't invest more in the very beggining, but it still feel safer than any ponzi ever. The fact they accept investments in ~200 different cryptocurrencies is amazing!
IMHO this is most spectacular crypto ponzi so far, congrats to its creators.
Long live cryptodouble 

you forgot to say that on EVERY ponzi scheme only the fist guys who join will get some $, rest will be scammed....

Of course you are posting your referral link and will make money off the stupid people who click on it.   

thats it

what's interesting is that they aren't hiding the fact they are ponzis...just blantantly shamelessly promoting them.

they dont need to hide nothing, everybody know they are a ponzi and people still invest on those things....

we can bet about how many time this web will be online untill colapse

[fildza]

Cryptodouble has been great so far, I'm sad I didn't invest more in the very beggining, but it still feel safer than any ponzi ever. The fact they accept investments in ~200 different cryptocurrencies is amazing!
IMHO this is most spectacular crypto ponzi so far, congrats to its creators.
Long live cryptodouble 

you forgot to say that on EVERY ponzi scheme only the fist guys who join will get some $, rest will be scammed....

Of course you are posting your referral link and will make money off the stupid people who click on it.   

thats it

what's interesting is that they aren't hiding the fact they are ponzis...just blantantly shamelessly promoting them.

they dont need to hide nothing, everybody know they are a ponzi and people still invest on those things....

we can bet about how many time this web will be online untill colapse

That are same as gambling. People know that they will lose all money if keep play but why they keep insist to play? That because people only think the profit afterward without think about lose money