Ninjastic
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Re: Re: [FAQ] Is BitCoin a Ponzi or pyramid scheme? (Newbie-Friendly)
by
HBBZ
on 19/01/2013, 06:05:23 UTC
Quote from: drakahn on January 18, 2013, 09:52:19 AM
Quote from: HBBZ on January 18, 2013, 08:57:37 AM
Quote from: Holliday on January 17, 2013, 01:49:44 AM

Another person telling me I shouldn't save my money for a rainy day.

I worked hard for my Bitcoins. I'll do whatever I damn well please with them. What's good for you might not be good for me. I don't need to consume everything under the sun to be happy.

easy man, ONLY those who 1 ) sell more than 1k bitcoins in the recent week; 2) and don't BUY anything with bitcoins for the recent week are criminals,  seriously Roll Eyes.

Do you mean you meet the standards? Cheesy
... what?
if they sold bitcoins then they bought USD... so no one could meet both criteria

and... how is it criminal?

and... do you know what a ponzi is?

i do know what is speculation and what is a ponzi scheme and what is pyramid scheme.

Let's say, a miner has 100 k bitcoins, he sells 50 k for profit, he never buys anything with bitcoin, that's not a problem, it's his freedom perfectly. But if he tells people everywhere that bitcoin is the currency of the future, he's a disgusting liar and ponzi scammer. Does that sound reasonable? and if a substantial percentage of bitcoiners are this type of person, bitcoin is doomed and held victim of a ponzi scheme.