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Showing 6 of 6 results by morde_glbse
What I am wondering is, if this was actually illegal, since the money was not "fiat currency." If it is, would that mean that a ponzi scheme based on, I don't know, WoW gold, would be illegal too?
Ponzi schemes are illegal regardless of whether they involve "real" money or not. Whether it's dollars, bitcoins, WoW gold, actual gold, or pork bellies, it's still illegal.Does that mean all those websites that don't even accept money, but say "you visit this link, and the next 2 visitors will visit yours" are illegal too, because they are ponzi-ing website pageloads?
That's a pyramid scheme, not a Ponzi scheme, which is also illegal for the same reason, though these site probably get away with it since there's nothing of real value involved.The strangest part of Pirate's scam is that apparently nobody is willing to admit to the authorities that they were scammed, though I don't blame them. I mean, 3300% interest? Seriously? If I fell for a scam as stupidly obvious as that, I wouldn't admit it either.
While I agree with you on the legality of ponzi schemes, and pyramid schemes, I have to wonder what makes you say nobody is willing to admit to the authorities they were scammed. Did the authorities getting involved come from their keen detective work, or due to complaints. Out of all those involved you think none have lawyers? It sounds like you would be an ideal mark given that you wouldn't seek any recourse. You have found the right forum in such a case.
should you be able to buy bit coins with Paypal safely
No, that would lessen paypals hold on the market, moving business from one less than reputable entity to another.
I began visiting this forum a few months ago, and since I have been here I have been baffled by the proliferation of banking and security scams and frauds. Every "business" I have looked at has been nothing more than a poorly hidden scheme to seperate fools from their money.
So, why do you think scams are operated so freely here?
So, why do you think scams are operated so freely here?
Keep reading and you will see how the administrators/moderators of this forum are profiting from many of the scams.
Hello and welcome to BTCTalk. If you prefer I can save you a lot of time by providing a BTC address for you to send any BTC you come across directly to. I assure you this will be less painful and time consuming than attempting to conduct legitimate business among the scams.
Don't let a couple as$holes discourage the adoption of digital currencies!
A couple? The list of scams is far bigger than any list of legitimate bitcoin related businesses.