Bitcoin Forum
August 21, 2017, 01:02:40 AM *
News: Latest stable version of Bitcoin Core: 0.14.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 [44] 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 »
  Print  
Author Topic: Bryan Micon's List of BTC Ponzi Schemes that should not be listed as "Lending"  (Read 115564 times)
koin
Legendary
*
Offline Offline

Activity: 874


View Profile
August 16, 2012, 06:09:00 AM
 #861

new addition for the list?

Quote
"What am I doing with the coins?"  
If I was to provide a simple answer like buying 50 BFL singles and going mining, or putting 10,000 coins into XYZ asset on GLBSE then there wouldn't be much science in that and it would ruin the market that I am looking at.
https://bitcointalk.org/index.php?topic=100913

yay - I'm famous.

before indoor plumbing they would dig a hole in the ground outside the house.  there was always a tradeoff as to where to dig.  too far and it made for a long walk on a cold night.  too close and your house smells like shit.

i think the securities forum cesspit wasn't dug far enough away.

ughh ...

Quote
The nature of the recipient of the loan will not be discussed.
https://bitcointalk.org/index.php?topic=100800.0
1503277360
Hero Member
*
Offline Offline

Posts: 1503277360

View Profile Personal Message (Offline)

Ignore
1503277360
Reply with quote  #2

1503277360
Report to moderator
1503277360
Hero Member
*
Offline Offline

Posts: 1503277360

View Profile Personal Message (Offline)

Ignore
1503277360
Reply with quote  #2

1503277360
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1503277360
Hero Member
*
Offline Offline

Posts: 1503277360

View Profile Personal Message (Offline)

Ignore
1503277360
Reply with quote  #2

1503277360
Report to moderator
hashman
Hero Member
*****
Offline Offline

Activity: 915



View Profile
August 16, 2012, 09:02:44 AM
 #862


You can't make much money that way when there are functioning exchanges and you're not producing a product. In fact, you are much more likely to lose money.

[...]

So manipulations have to be much more subtle to have even a chance of working. You have to gradually push the market to convince a large number of other people that the "natural price" is something other than what it would be if not for your manipulations. And the reason this won't work is because there are a number of well-financed people who are too smart to fall for this. It only takes one to make you lose more and more as you try to move the price at a loss and split the gain more and more as you try to take profit as it goes back. Since there are several, this is just not going to work.


Really?  Sorry for the off topic followup but take a look at what DeBeers or OPEC or ATT  or any other famous monopoly / market maker has done.  You don't have to convince anybody what a "natural price" is..  if you have bought all the cheaper items, then anybody who wants an item has to pay the higher price no matter how smart they are. 

In theory anyway.. market maker theory which seems unlikely to be widely published for similar reasons to the fact that cutting edge crypto isn't immediately published.  In any case, a topic for another thread because I doubt its related to these high yield investments. 


Micon
Legendary
*
Offline Offline

Activity: 1232


FPV Drone Pilot


View Profile WWW
August 16, 2012, 09:33:35 AM
 #863

new addition for the list?

Quote
"What am I doing with the coins?" 
If I was to provide a simple answer like buying 50 BFL singles and going mining, or putting 10,000 coins into XYZ asset on GLBSE then there wouldn't be much science in that and it would ruin the market that I am looking at.
https://bitcointalk.org/index.php?topic=100913

I believe the Pirate Ship is going to sink before I have the 10+ hrs to research every iteration of the PPT's on GBLSE and every "I'll pay you unreasonable% per week" thread - although I think I am close, just needs more grooming of the list.  After those are done then it's time to investigate all the questionable mining bonds and the obscure scams that don't fit those categories.  After BCST goes boom, this low-level scammery will die down after the entire community sees the damage done.  I'll bet new rules / categories will be created.  I will look into Patrick's thread.

I'm flying FPV race drones these days. Check out my YouTube channel: https://www.youtube.com/c/MiconFPV
Micon
Legendary
*
Offline Offline

Activity: 1232


FPV Drone Pilot


View Profile WWW
August 16, 2012, 09:40:37 AM
 #864

new addition for the list?

Quote
"What am I doing with the coins?" 
If I was to provide a simple answer like buying 50 BFL singles and going mining, or putting 10,000 coins into XYZ asset on GLBSE then there wouldn't be much science in that and it would ruin the market that I am looking at.
https://bitcointalk.org/index.php?topic=100913

yay - I'm famous.

Good job and congrats on the new venture PatrickHarnett.

The free advertising is definitely a win for the Starfish!

https://bitcointalk.org/index.php?action=profile;u=38896;sa=showPosts

yikes it seems like these shill and/or pro-Ponzi accounts are also big in the mining threads.  I will bet even money some of the mining bonds are dirty.  These are going to be much harder to prove when compared to this giant obvious Ponzi because there is in fact an underlying business unit that will likely make at least some money.  The most transparent mining bonds with updated stats and verifiable blockchain payments from mining pools should be the standard.  I have not looking into even 1 mining bond yet so I have no clue what I will find.

I'm flying FPV race drones these days. Check out my YouTube channel: https://www.youtube.com/c/MiconFPV
drakahn
Hero Member
*****
Offline Offline

Activity: 504



View Profile
August 16, 2012, 10:37:42 AM
 #865

You didn't respond last time but it fits again
you say words like investigate, but never like... show up with any results

Seriously, if you have anything else other than 1) "you don't know therefore ponzi" or 2) "omg 7% therefore ponzi" it would be good if it wasn't buried under those two piles of crap

14ga8dJ6NGpiwQkNTXg7KzwozasfaXNfEU
Clipse
Hero Member
*****
Offline Offline

Activity: 504


View Profile
August 16, 2012, 11:49:30 AM
 #866

Im convinced now Micon is simply Trolling his own thread for higher page rankings.

Everyone with half a brain should just stop posting on this thread to kill its google rankings so that Micon doesnt get his stiff on every day googling himself. Im done posting here, Good day sir.

...In the land of the stale, the man with one share is king... >> Clipse

We pay miners at 130% PPS | Signup here : Bonus PPS Pool (Please read OP to understand the current process)
Raoul Duke
aka psy
Legendary
*
Offline Offline

Activity: 1456



View Profile
August 16, 2012, 02:34:15 PM
 #867

What is pirate and shills' response to http://www.theverge.com/2012/8/15/3243200/bitcoin-ponzi-schemes-savings-and-trust?

I like the quote by Gavin.

http://www.youtube.com/watch?v=4sKx6lhxM_8

Frankie
Full Member
***
Offline Offline

Activity: 206



View Profile
August 16, 2012, 02:40:34 PM
 #868

Im convinced now Micon is simply Trolling his own thread for higher page rankings.

Everyone with half a brain should just stop posting on this thread to kill its google rankings so that Micon doesnt get his stiff on every day googling himself. Im done posting here, Good day sir.

Are you capable of writting a post without personal attacks?

Try it (unless for some reason you follow your own advice).
unclescrooge
aka Raphy
Hero Member
*****
Offline Offline

Activity: 868


View Profile
August 16, 2012, 06:13:12 PM
 #869

What is pirate and shills' response to http://www.theverge.com/2012/8/15/3243200/bitcoin-ponzi-schemes-savings-and-trust?

I like the quote by Gavin:

Good advice that I expect will be widely ignored: only invest in what you know.

So-called high yield investments are (almost?) always dressed-up Ponzi schemes. If you "invest" in them then please lick your wounds quietly when they implode. And if you're one of the lucky few who make money on them, don't expect me to admire your investing wisdom, any more than I'd admire the number-picking brilliance of a lottery winner.


(my emphasis)


Aside: Thank you shills, for helping me sharpen my Perl web-parsing skills!

Bitcoin itself is a high yield investment (relative to other currencies), so according to you it's a ponzi?


Shadow383
Sr. Member
****
Offline Offline

Activity: 336


View Profile
August 16, 2012, 06:26:23 PM
 #870

What is pirate and shills' response to http://www.theverge.com/2012/8/15/3243200/bitcoin-ponzi-schemes-savings-and-trust?

I like the quote by Gavin:

Good advice that I expect will be widely ignored: only invest in what you know.

So-called high yield investments are (almost?) always dressed-up Ponzi schemes. If you "invest" in them then please lick your wounds quietly when they implode. And if you're one of the lucky few who make money on them, don't expect me to admire your investing wisdom, any more than I'd admire the number-picking brilliance of a lottery winner.


(my emphasis)


Aside: Thank you shills, for helping me sharpen my Perl web-parsing skills!

Bitcoin itself is a high yield investment (relative to other currencies), so according to you it's a ponzi?


In what possible sense is bitcoin an HYIP?
Bitcoin is just a means of exchanging capital, it has no returns structure whatsoever. Stop trying to confuse the issue.
wachtwoord
Legendary
*
Offline Offline

Activity: 1624


View Profile
August 16, 2012, 06:40:13 PM
 #871

You do understand that HYIP is an abbreviation standing for High Yield Investment Program right? Firstly high is (highly Wink) subjective. Second of all, all other things being equal (risk among other things) high yield investments are better than low yield investments. The term HYIP does not imply scam at all, it is merely an indicator of the yield on the investment.
unclescrooge
aka Raphy
Hero Member
*****
Offline Offline

Activity: 868


View Profile
August 16, 2012, 06:41:29 PM
 #872

What is pirate and shills' response to http://www.theverge.com/2012/8/15/3243200/bitcoin-ponzi-schemes-savings-and-trust?

I like the quote by Gavin:

Good advice that I expect will be widely ignored: only invest in what you know.

So-called high yield investments are (almost?) always dressed-up Ponzi schemes. If you "invest" in them then please lick your wounds quietly when they implode. And if you're one of the lucky few who make money on them, don't expect me to admire your investing wisdom, any more than I'd admire the number-picking brilliance of a lottery winner.


(my emphasis)


Aside: Thank you shills, for helping me sharpen my Perl web-parsing skills!

Bitcoin itself is a high yield investment (relative to other currencies), so according to you it's a ponzi?


In what possible sense is bitcoin an HYIP?
Bitcoin is just a means of exchanging capital, it has no returns structure whatsoever. Stop trying to confuse the issue.

In term of real wealth, bitcoin is a high yield investments (for now at least, and yes, with no garantee whatsoever). It does yield wealth to buy bitcoins.

wachtwoord
Legendary
*
Offline Offline

Activity: 1624


View Profile
August 16, 2012, 06:45:06 PM
 #873

Nah Bitcoin yields nothing. 1 BTC == 1 BTC forever. It's just the amount of purchasing power (often expressed in monopoly money) that changes. While this is significant (to actual people) it does not imply yield.

I'm quite sad my wage keeps dropping every day Sad (denoted in BTC)
unclescrooge
aka Raphy
Hero Member
*****
Offline Offline

Activity: 868


View Profile
August 16, 2012, 06:53:42 PM
 #874

Nah Bitcoin yields nothing. 1 BTC == 1 BTC forever. It's just the amount of purchasing power (often expressed in monopoly money) that changes. While this is significant (to actual people) it does not imply yield.

I'm quite sad my wage keeps dropping every day Sad (denoted in BTC)

Yes I understand that what I said was poorly phrased, sorry about that. I didn't want to be misleading.

Yes, that's why I'm searching for a job that pays in bitcoin, but that's hard to find at the moment Cheesy

dust
Hero Member
*****
Offline Offline

Activity: 840



View Profile WWW
August 16, 2012, 08:25:29 PM
 #875

If anyone is certain pirate is running a ponzi and wants to bet BTC100,000+ against him, PM me.  I have an idea.  You must be willing to risk large amounts of BTC.

Cryptocoin Mining Info | OTC | PGP | Twitter | freenode: dust-otc | BTC: 1F6fV4U2xnpAuKtmQD6BWpK3EuRosKzF8U
FreeMoney
Legendary
*
Offline Offline

Activity: 1246


Strength in numbers


View Profile WWW
August 16, 2012, 09:28:47 PM
 #876

If anyone is certain pirate is running a ponzi and wants to bet BTC100,000+ against him, PM me.  I have an idea.  You must be willing to risk large amounts of BTC.

I hope the idea is "Pay 6% until Pirate collapses" to lure away enough Pirate capital to break him.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
gene
Sr. Member
****
Offline Offline

Activity: 252


View Profile
August 17, 2012, 11:24:20 AM
 #877

If anyone is certain pirate is running a ponzi and wants to bet BTC100,000+ against him, PM me.  I have an idea.  You must be willing to risk large amounts of BTC.

I hope the idea is "Pay 6% until Pirate collapses" to lure away enough Pirate capital to break him.


All Ponzi schemes eventually collapse. Interesting how quiet it's gotten lately.

*processing payment* *error 404 : funds not found*
Do you want to complain on the forum just to fall for another scam a few days later?
| YES       |        YES |
Coin.Karma
Full Member
***
Offline Offline

Activity: 190



View Profile
August 17, 2012, 07:14:22 PM
 #878

this was the fastest from 0 to bullshit thread on this forum, and you have become forum history again by creating and supporting the death of one of the best opportunities that could have hit you guys given the limited intelligence you survive with, haha cheers micon and gang.....
drakahn
Hero Member
*****
Offline Offline

Activity: 504



View Profile
August 17, 2012, 07:19:35 PM
 #879

Team Ponzi should all be labelled as such, (maybe a dumbass tag?) - That way we know not to believe the FUD they spout

14ga8dJ6NGpiwQkNTXg7KzwozasfaXNfEU
imsaguy
General failure and former
VIP
Hero Member
*
Offline Offline

Activity: 574

Don't send me a pm unless you gpg encrypt it.


View Profile WWW
August 17, 2012, 07:34:03 PM
 #880

Pirate's not paid everyone back yet.. so let's not get ahead of ourselves.

Coming Soon!™ © imsaguy 2011-2013, All rights reserved.

EIEIO:
https://bitcointalk.org/index.php?topic=60117.0

Shades Minoco Collection Thread: https://bitcointalk.org/index.php?topic=65989
Payment Address: http://btc.to/5r6
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 [44] 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!