Cryptocurrency

[Hardcore_Fan]

http://www.smh.com.au/business/the-...mpany-for-the-first-time-20171121-gzplb4.html

 

[Hardcore_Fan]

Every investor in ponzi's also believed they were legit.

I understand the currency quite well. It looks and smells like either a ponzi or a pyramid scheme. Plenty of financial analysts share my view.

Good luck with it. I hope you sell up before it inevitably turns to shit.

governments aren’t getting on board with Ponzi schemes.

 

[madunit]

You have much to learn about the history of ponzi schemes.

Just because Government is involved means jack shit. What part of governments convinces you they are the 100% honest and trustworthy source for all matters financial?

What a f**king stupid statement.

I retract my earlier best wishes for you.

 

[Hardcore_Fan]

Ahh the uneducated. But but ponzi cause I don’t understand it. Enjoy your 3% term deposit

 

[madunit]

We've already ascertained you have no f**king idea.

But like all f**king idiots who believe in religions, political parties and ponzi schemes, you have convinced yourself you are a supremely intelligent and everyone else is below you.

Then you get f**ked up and then realise you were wrong.

 

[Hardcore_Fan]

Lol and you are basing this opinion on absolutely nothing. You have not looked into any crypto company and what they are doing and what they are achieving. You are ignoring the fact that huge business (amazon, Microsoft, Tesla, virgin) is getting on board with heaps of different crypto companies. You’re opinion is based on something that an old dinosaur like Ross greenwood has said. These are legit companies, not just some random scammer sitting behind a computer.

 

[The Charlatan]

Watched a video on it. Interesting concept.

What's to stop a group of miners or a large group of people maintaining the ledger to rip off the system?

 

[madunit]

You keep telling yourself that

 

[madunit]

After your last post i suspect you're reattaching your cock to your forehead after the vigorous wanking you just inflicted upon it.

 

[veggiepatch1959]

Looks like another one of those schemes where the winnings for some have come out of the pockets of others.

Maybe as well sit down for a f**king game of poker instead.....

 

[Hardcore_Fan]

Looks like another one of those schemes where the winnings for some have come out of the pockets of others.

Maybe as well sit down for a f**king game of poker instead.....

Just like the stock market

 

[Smack]

Ahh the uneducated. But but ponzi cause I don’t understand it. Enjoy your 3% term deposit

Inflation is at 1.8% and the forecast is looking good, so anything above 2% is winning.

 

[madunit]

https://www.cnbc.com/2017/09/15/jpm...g-ceo-compares-bitcoin-to-pyramid-scheme.html

https://seekingalpha.com/article/4115023-rickards-bitcoin-ponzi-scheme

http://fortune.com/2017/07/27/howard-marks-bitcoin-pyramid-scheme/

https://qz.com/1100886/bitcoin-in-africa-is-driven-by-mmm-mavrodi-ponzi-scheme/

https://www.coindesk.com/brazil-central-bank-chief-compares-bitcoin-pyramid-scheme/

http://money.cnn.com/2017/09/21/investing/bitcoin-ponzi-scheme/index.html

https://www.investopedia.com/news/us-government-files-suit-over-bitcoin-ponzi-scheme/

https://www.washingtonpost.com/news...e-or-a-pyramid-scheme/?utm_term=.b6b9c6e5bf01

http://www.slate.com/articles/news_...heme_the_internet_currency_will_collapse.html

https://www.theatlantic.com/technology/archive/2017/05/cryptocurrency-ponzi-schemes/528624/

These are just from the first page on a google search.

 

[madunit]

https://www.express.co.uk/finance/c...e-news-cryptocurrency-pyramid-scheme-forecast

https://www.cryptocoinsnews.com/asian-banking-giant-dbs-calls-bitcoin-ponzi-scheme/

http://newsroom.ucla.edu/stories/ucla-faculty-voice:-bitcoin-is-an-energy-wasting-ponzi-scheme

http://www.newsbtc.com/2017/01/04/financial-times-bitcoin-is-a-pyramid-scheme/

 

[madunit]

Anyways, I could post links all night, literally.

But I've got shit to do...

 

[sensesmaybenumbed]

Anyways, I could post links all night, literally.

But I've got shit to do...

not mining bitcoins?

 

[madunit]

not mining bitcoins?

I have some extraction going on.....

 

[veggiepatch1959]

not mining bitcoins?

You've got to have real Bunnings bitcoins for that,

Get a free pick and shovel,

 

[Smack]

You've got to have real Bunnings bitcoins for that,

Get a free pick and shovel,

Does it come with a snag?

 

[madunit]

Does it come with a snag?

it's a rip off if it doesn't