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Is Bitcoin a Ponzi Scheme? Tech Is Bitcoin a Ponzi Scheme?
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Old 05-31-2014, 03:11 PM   #1
Nice_Nick
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Is Bitcoin a Ponzi Scheme?
As per title.

Bitcoin get popular quick
Bitcoin lose value quick
Bitcoin fake
Bitcoin legit
Bitcoin for scammers
Bitcoin for Entrepreneurs

Will bitcoin fail?
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Old 05-31-2014, 03:17 PM   #2
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Same as

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Old 05-31-2014, 03:19 PM   #3
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Same as
PLease explain.
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Old 05-31-2014, 03:24 PM   #4
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PLease explain.
US dollar is the world?s biggest Ponzi scheme

http://www.dnaindia.com/money/report...scheme-1220008

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Old 05-31-2014, 03:28 PM   #5
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US dollar is the world?s biggest Ponzi scheme

http://www.dnaindia.com/money/report...scheme-1220008
Are all currencies not a ponzi then?
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Old 05-31-2014, 03:39 PM   #6
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Are all currencies not a ponzi then?
Depends if backed by Gold and if allowed to create new currency out of thin air
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Old 05-31-2014, 03:42 PM   #7
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I think a Ponzi scheme is where you get new investors to pay off existing investors instead of with profits.
When you buy bitcoins you are buying a product. A product I don't really understand, but a product.
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Old 05-31-2014, 05:00 PM   #8
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price rise now
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Old 05-31-2014, 05:23 PM   #9
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Will bitcoin fail?
All fake currencies fail
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Old 05-31-2014, 05:52 PM   #10
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All things are only worth what people think they are worth. This includes gold, diamonds, the US dollar and bitcoin. Food, air, water and Pussy are the only exceptions to this.... We all need to eat food, drink water, and breath. Pussy has real value because homey needs to fuck!!!
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Old 05-31-2014, 06:10 PM   #11
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Of course it is
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Old 05-31-2014, 06:21 PM   #12
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Of course it is
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Old 06-01-2014, 08:00 AM   #13
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If it is, that's the first decentralized ponzi scheme.
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Old 06-01-2014, 10:17 AM   #14
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Only if people PUMP money into scheme there are some money to be made, when that finish all goes crack! buubble, fake shit, people blind!
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