Quote from: MakeBelieve on December 06, 2015, 01:15:24 AM

Quote from: bones261 on November 26, 2015, 06:07:35 AM

Oops, I just lost my bag. Looks like I parachuted before this moonshot reached the stratosphere. I'll be back, depending on what rocks will be available for BitStone. Someone could be nice and let me buy back in for cheap. Wink

Please jump on the Suchmoon/Paul Revere bandwagon, I think reading through the 49 pages I have seen you flip your opinion multiple times. Not sure if your are schizophrenic, are scared to make your own decisions or are trying to impress somebody

That is a fascinating commentary on what is going on here, thank you so much for sharing that with everyone. I guess you missed this post I made a while back, and since you are such an ardent supporter of the Bitstone operation I was curious what your thoughts are on the points I brought up . I will just go ahead and quote it as a courtesy , so you do not have to look for it.

Quote from: Paul Revere on December 05, 2015, 11:08:43 PM

Quote from: dbt1033 on December 05, 2015, 10:36:10 PM

You guys suck.

Stop attacking each other and get back on track.

Is this legit or not?

I'll give BitStoneDev credit for handling the "team" situation as he did. This hasn't been proven as a scam, although it has been proven to smell like shit.

Even if it isn't a scam, it's still a money grab. Sell below spot for a loss, pump market, dump coins, repeat.

Come on fellas.

I am not sure what message you were trying to convey, but this sentence definitely describes a scam . Otherwise known as a money grab or fraud, specifically a variant of the Matrix type of Pyramid Fraud Scheme, committed by conning people to buy something worthless (a ticket in the old days- a crypto coin with the Bitstone, Gemcoin,GPUcoin, and Coinstand models) which they can use to get cheap products (Silver Bar- Gold .pngs- etc) or even a chance at getting a cheap product while the operation's actual goal is to sell tickets and skim as much as possible from the pot (dump coins in the Crypto model) while keeping people buying in with the minimum outlay on enticements that you can get away with. Generally larger payouts at the beginning, and then decreasing until there are none. There is also no method by which their discount can be be accounted for. Even with no skim, the only possible way that a discount can be given on the next round is to take a little money from all the ticket buyers and buy another bar of silver, which is then sold at a 10% loss as per the Bitstone business model. This is obviously a debt spiral, and it can only be sustained by adding new "investors". This is precisely what a Matrix Pyramid fraud scheme is. It is a Ponzi, but the tiny payouts to entice more suckers to buy in are done with something like a Silver Bar (Or miner or cell phone- etc), instead of many tiny payouts to each individual as per the GAW Ponzi fraud operation. I would like to see the Bitstone Team address this issue, especially since I pointed this out to them ~6 months ago the first time Dr. Keith Harville tried to launch ScamBones, err, I mean BitStone, and he said they would change things and make sure everything is legal and all, and I don't see any evidence that he changed anything at all since then. Maybe the best thing to do would be let Keith do his thing and get this baby going good, so he can get what the Gemcoin people are enjoying for doing pretty much the same thing.

What is you opinion, "MakeBelieve"? Do you think the Bitstone business model qualifies as a Matrix type of Pyramid Fraud Scheme like GPUcoin or Gemcoin, or not?

Oh, and I bet you are really excited about the ideas I have put out there about having Van McMinn and Lou Britton host a Bitstone Network type of thing? What do you think about that? Seems like a real winner to me.