Quote from: AGM76 on January 20, 2018, 10:14:02 PM

Quote from: arallmuus on January 20, 2018, 09:52:58 PM

Quote from: AGM76 on January 20, 2018, 09:41:51 PM

Quote from: suchmoon on January 20, 2018, 06:06:21 PM

Quote from: AGM76 on January 20, 2018, 03:17:48 PM

Again, the lending wasn't a Ponzi

It was a ponzi. They advertised unrealistic return rates and last bagholders didn't get their money back. Your mental gymnastics can't change that fact.

Again another nutty one. So if you're holding bitcoin and all the whales dump it doesn't it make it the same thing? There is nothing that's going to keep the price of bitcoin up if everyone sells it at the same time.

Bitconnect didn't dump any coins! I showed that on the coinmarketcap graph. Very small volumes on the exchanges around the time of the dump. They probably did the opposite and bought it back cheap. How could they have been dumping a coin that has 100% yearly inflation and rises from 16 cents (I think the lowest) to close to $500 in a year and is freely traded on lots of exchanges??

You obviously don't understand that the lending system made them less likely to dump any coins (as it would stop the lending being profitable for them - to say the lending was a Ponzi when it was profitable is ludicrous) but nevermind. Bitcoin is obviously more of a Ponzi.

Im quotting this for references, bookmarked this and archived it as well. It will be nice to show this back to you once the whole empire ended and check what your reaction will be

Quote from: AGM76 on January 20, 2018, 09:41:51 PM

You obviously don't understand that the lending system made them less likely to dump any coins (as it would stop the lending being profitable for them - to say the lending was a Ponzi when it was profitable is ludicrous) but nevermind. Bitcoin is obviously more of a Ponzi.

If Unrealistic return rates isnt considered as ponzi to you then what would it be? a gift?

You are probably still young but I can ensure you that suchmoon and I has been here quite some time and has seen alot of these kinds of things dissapearing

I know what the scams are. Many lending platforms that have come out recently after bitconnect have been scams but most haven't been.

You mention unrealistic returns but they weren't unrealistic, were they? Their own coin grew much more. They never promised any guaranteed returns and some days it was 0%. Some higher levels of lending gave you a guaranteed 0.25% (this was for $10k+) but there was no guarantee for sub-$1000 amounts including reinvestments . The fact it was profitable for them means they weren't a Ponzi.

Call it whatever you want, lending / scams / realistic rate of returns but I will call it as a ponzi. Unless the whole empire ended then you will always stick with your opinion . Scams / ponzis are always profitable for their owner, if it is not then there is no point to do it.

Nevermind though, I'll just show what you wrote back to you once this whole madness ended