Post
Topic
Board Lending
Re: Bryan Micon's List of BTC Ponzi Schemes that should not be listed as "Lending"
by
Soros Shorts
on 22/08/2012, 10:13:04 UTC
Almost every purported investment that claims unusually high returns relative to risk is either misrepresented (the risks are higher or the returns likely lower than claimed) or a ponzi scheme.
The recent BTC price drop of 40-45% over the weekend is a reminder of the real risk of holding BTC even for the short term. In light of this, maybe the yields of these investments are not that high after all relative to the risk?