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Author Topic: "Investing" in ponzis is not a good idea.  (Read 1614 times)
RGBKey (OP)
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January 14, 2015, 02:46:24 AM
 #1

Since there are so many "honest ponzis" out there right now, I just thought I'd throw this out there:

  • You are not gambling, you are sending money to someone and hoping you get more back. There are no odds, no fairness.
  • Anyone can put up a blockchain API with a little bit of code and then just shut it down when they think they have enough money.
  • There are actual gambling websites out there...why would you take the chance on this when you can have actual odds with provable fairness

Make smart decisions. A fool and his money are quickly parted.
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Seketsuna
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January 14, 2015, 02:53:22 AM
 #2

They also have the chance of making a profit of 800% rather than waiting days and hoping they will get paid
hasiramasenju
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January 14, 2015, 03:08:03 AM
 #3

people should be know the risk not just tinking about the profit...
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January 14, 2015, 03:32:02 AM
 #4

and if you invest in ponzi you are likely stealing coins from your fellow bitcoiners
BAGOBO
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January 14, 2015, 06:00:25 AM
 #5

invest in Ponzi quite dangerous because of the risk of missing a very outweigh the profit
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January 14, 2015, 06:06:18 AM
 #6

Since there are so many "honest ponzis" out there right now, I just thought I'd throw this out there:

  • You are not gambling, you are sending money to someone and hoping you get more back. There are no odds, no fairness.
  • Anyone can put up a blockchain API with a little bit of code and then just shut it down when they think they have enough money.
  • There are actual gambling websites out there...why would you take the chance on this when you can have actual odds with provable fairness

Make smart decisions. A fool and his money are quickly parted.

I totally hate all these ponzis. But, honestly, here is what people think about ponzis:

Ponzis at an early stage has more odds of winning than in gambling.
Members insist on automatic payouts, because then, at a point, a ponzi with instant sent, will have max, 1.299BTC at a time. (If the next on line is a 1.3 for a 1 btc max.) This is less than the fee they will get if many people deposit.

People work on these observations, and of course many people lost money. I wonder why they are not screaming it here?
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January 14, 2015, 06:07:04 AM
 #7

and if you invest in ponzi you are likely stealing coins from your fellow bitcoiners

This is a better way of seeing it to discourage more participation.
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January 14, 2015, 06:15:04 AM
 #8

Ponzis at an early stage has more odds of winning than in gambling.
Everybody thinks this and tries to get in early. As a result, late comes really, really soon.

The second the volume drops, everybody knows it's not early anymore, and the volume drops to zero.

I am an employee of Ripple. Follow me on Twitter @JoelKatz
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virtapayseller666
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January 14, 2015, 06:55:05 AM
 #9

investing in a gambling also not a gud idea

 

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Tschai
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January 14, 2015, 07:08:02 AM
 #10

....

People work on these observations, and of course many people lost money. I wonder why they are not screaming it here?
Because they know they've been a fucktard and don't want to admit it?
 Roll Eyes
HeroCat
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January 14, 2015, 08:49:06 AM
 #11

Better invest in BTC gambling, then you can win, if you know how to play  Wink
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January 14, 2015, 08:50:26 AM
 #12

Even the most honest ponzi can go bust if there are not enough investors/gamblers... and most ponzi schemes are quite far from being honest.
suman66
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January 14, 2015, 09:27:15 AM
 #13

Better invest in BTC gambling, then you can win, if you know how to play  Wink

right if you know the perfect method you can play if not know keep away from sites or learn it
Surger
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January 14, 2015, 09:33:10 AM
 #14

Better invest in BTC gambling, then you can win, if you know how to play  Wink

i agree %100
ponzi is kind of game which has high risk
if u want earn with ponzi should be select correct system and must be join early
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January 14, 2015, 09:36:14 AM
 #15

Newbies have to loose money to ponzi scams at least once before they learn. Sending money to ponzis is like giving money to strangers. Gambling at a dice site has better odds.

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bitbaby
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January 14, 2015, 09:46:13 AM
 #16

Thank you for trying to educate people OP but it has been done manier times before but people blinded by their greed don't ever learn and then they come crying after the Ponzi runs away with their money.

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January 14, 2015, 10:02:35 AM
 #17

Since there are so many "honest ponzis" out there right now, I just thought I'd throw this out there:

  • You are not gambling, you are sending money to someone and hoping you get more back. There are no odds, no fairness.
  • Anyone can put up a blockchain API with a little bit of code and then just shut it down when they think they have enough money.
  • There are actual gambling websites out there...why would you take the chance on this when you can have actual odds with provable fairness

Make smart decisions. A fool and his money are quickly parted.

Thread of the day !!  Grin

Boycott (Bitcoin) ponzi from Bitcointalk. *Ups

 Cool
johny08
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January 14, 2015, 11:17:16 AM
 #18

Not good idea at all.  Shocked

Today we learned a lesson  Roll Eyes

Yeah, little bit gambling Is more fun.
baristor
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January 14, 2015, 11:54:32 AM
 #19

actually it is a good idea to invest and get out within first 2 days.
SuperDay
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January 14, 2015, 11:59:45 AM
 #20

I am agree with the OP becaue ponzi is contain higher risk for our coins.
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