Quote from: AGM76 on February 08, 2018, 09:36:40 AM

Quote from: dooglus on February 08, 2018, 09:08:48 AM

Coinmarketcap lists the coins with the highest market caps. BitConnect coin had a high market cap for a while when idiots were clamoring to buy it so they could buy into the BitConnect lending Ponzi scam. Coinmarketcap wasn't telling you that the lending program was legit, just that it was popular. They didn't mislead anyone. It was popular.

Then BitConnect exit scammed and the price collapsed. After that, Coinmarketcap's listing reflected the new (much) lower market cap.

What about the responsibility of the idiots who participated in the obvious Ponzi scam even though everyone was posting warnings here all along letting them know it was an obvious Ponzi scam?

How many times have you said Ponzi in that haha...

Three times. I've bolded them for you.

Quote from: AGM76 on February 08, 2018, 09:36:40 AM

didn't you notice all the adverts and commissions coinmarketcap make from real ponzis like laser.online and bitpetite (their advertising is not cheap but they must also receive referral commissions as they were listed as referring millions of dollars weekly to bitpetite).

No. I don't look at ads. I use ad blocker software to avoid them online.

Did you notice how whenever anyone criticizes BitConnect you change the subject to some other Ponzi that nobody is talking about? That's offtopic. If laser.online is a scam, go tell the people on their thread about it. Nobody here is interested in it. Let's try to stay on topic here.

Quote from: AGM76 on February 08, 2018, 09:36:40 AM

With Bitconnect, at one point they were around 6th place and overtaking Dash so Dash posted something on their twitter about bitconnect (you can guess what) and coinmarketcap recalculated the circulating supply and they went down to around 16th (I don't know if they guessed the supply or not or how they figured it out). I'm sure some of the less blatant scammers feel it is justified since they realise bitcoin is a Ponzi and people shouldn't be fooled by marketing.

I don't care about what some site reports as the marketcap of a scam. What is important is whether it is a scam or not. You still seem to think it wasn't, and change the subject (to how its marketcap was reported of all things?)

Quote from: AGM76 on February 08, 2018, 09:36:40 AM

The lending platforms should work properly if the people running them know what they are doing and I still think they are a good model as they generate profits for the company with the lending so are not real ponzis and they should be able to control the gain in the coin price (rising too fast is not good and that was what happened with Davor - although they did a lot of things that were scammy in the end).

That's where you're wrong, and what you should focus on. The model only works if their token keeps increasing in value faster than the interest payments accrue. When the token price stops rising fast enough the scammers have to decide whether to start taking a loss or doing an exit scam. Which of the two do you think they choose?

Quote from: AGM76 on February 08, 2018, 09:36:40 AM

https://www.bloomberg.com/news/articles/2018-02-07/bitcoin-may-evolve-into-what-everyone-fears-mathematicians-say
"The cryptocurrencies may simply be a mechanism for a transfer of wealth from the late-comers to the early entrants and nimble traders," the authors, Carey Caginalp and Gunduz Caginalp, said in the paper published Wednesday.

And you're offtopic again. Bitcoin isn't a Ponzi scheme, but that's not the subject of discussion in this thread.