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-   -   Tech Is Bitcoin a Ponzi Scheme? (https://gfy.com/showthread.php?t=1141996)

Nice_Nick 05-31-2014 03:11 PM

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?

wehateporn 05-31-2014 03:17 PM

Same as


Nice_Nick 05-31-2014 03:19 PM

Quote:

Originally Posted by wehateporn (Post 20106768)

PLease explain.

wehateporn 05-31-2014 03:24 PM

Quote:

Originally Posted by Nice_Nick (Post 20106771)
PLease explain.

US dollar is the world?s biggest Ponzi scheme

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


Nice_Nick 05-31-2014 03:28 PM

Quote:

Originally Posted by wehateporn (Post 20106773)
US dollar is the world?s biggest Ponzi scheme

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


Are all currencies not a ponzi then?

wehateporn 05-31-2014 03:39 PM

Quote:

Originally Posted by Nice_Nick (Post 20106777)
Are all currencies not a ponzi then?

Depends if backed by Gold and if allowed to create new currency out of thin air :2 cents:

lezinterracial 05-31-2014 03:42 PM

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.

3om3 05-31-2014 05:00 PM

price rise now

DBS.US 05-31-2014 05:23 PM

Quote:

Originally Posted by Nice_Nick (Post 20106761)
Will bitcoin fail?

All fake currencies fail:2 cents:

DAMNMAN 05-31-2014 05:52 PM

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!!!

Mark-G 05-31-2014 06:10 PM

Of course it is

xXXtesy10 05-31-2014 06:21 PM

Quote:

Originally Posted by Mark-G (Post 20106846)
Of course it is

:2 cents::2 cents:

adultmobile 06-01-2014 08:00 AM

If it is, that's the first decentralized ponzi scheme.

seeandsee 06-01-2014 10:17 AM

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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