Post
Topic
Board Announcements (Altcoins)
Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed.
by
ThrowAwayThisCoin
on 04/10/2014, 00:24:41 UTC
I'm concerned. I'm going to sell my coins. If all this coins do to promise profit is mining and trading other coins then there is no future in qbk. I'm sorry, but this is too much of a gamble for me.
What if they have a bad day or week or month of trading, then there will be no profits for the investors but I bet the core team will still get paid.

This is a ponzi scheme. It's using future traders to buy into this coin. It's like what this crook Bernie Madoff did...
Good bye group. Nice knowing you and good luck to the rest of you.


I'm not so sure you really understand what a ponzi scheme is.

Profit is gained outside of qbk itself, so whether new investors come into qbk or not, it shouldn't necessarily matter. Of course it may not always be profit every month... but again, that doesn't make it a ponzi scheme.

If they are selling QBK for btc then it is exactly a ponzi.  Without proof of anything in the last month, ponzi suspicions are justified. How long will the dividends keep pouring??

And FYI we know that QBK is trading for btc because they have "stabilize fund".