What Is A Ponzi Scheme & Is Bitcoin a Ponzi Scheme?

Bitcoin & Cryptocurrency Ponzi Schemes

Discussion of ponzi schemes that operate using cryptocurrency.
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At last a company where you trade Bitcoin from your own Crypto Exchange Via API ... Booom game over for the Ponzi scams where you send your deposit and pray 😜💯🔥

submitted by towlawrian to CryptoCurrencyTrading [link] [comments]

Esquema Ponzi PlusToken utiliza exchanges regulamentadas para despejar Bitcoin no mercado

Esquema Ponzi PlusToken utiliza exchanges regulamentadas para despejar Bitcoin no mercado submitted by MundoMoedas to bitcoinportugal [link] [comments]

12-19 09:53 - 'Better than a whale or exchange or ponzi scammers.' by /u/Bitcoinrapedgrandma removed from /r/Bitcoin within 413-423min

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Better than a whale or exchange or ponzi scammers.
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Author: Bitcoinrapedgrandma
submitted by removalbot to removalbot [link] [comments]

Chinese Ponzi Scam Floods Exchanges And Hits Bitcoin Price

Chinese Ponzi Scam Floods Exchanges And Hits Bitcoin Price submitted by n4bb to CoinPath [link] [comments]

Chinese Ponzi Scam Floods Exchanges And Hits Bitcoin Price

Chinese Ponzi Scam Floods Exchanges And Hits Bitcoin Price submitted by Link0000054 to Bitcoin_2019 [link] [comments]

One Year Ago the Crypto Community Saw the Inevitable BitConnect Crypto Ponzi Scheme Collapse - Bitcoin Exchange Guide

One Year Ago the Crypto Community Saw the Inevitable BitConnect Crypto Ponzi Scheme Collapse - Bitcoin Exchange Guide submitted by prnewswireadmin to cryptonewswire [link] [comments]

Fantastic Bitcoin chain analysis effort. Worth having a look at what investigating a Bitcoin exchange Ponzi scheme… https://t.co/KS7E9JGNOP - Crypto Dynamic Info - Whales's

Posted at: February 4, 2019 at 12:29AM
By:
Fantastic Bitcoin chain analysis effort. Worth having a look at what investigating a Bitcoin exchange Ponzi scheme… https://t.co/KS7E9JGNOP
Automate your Trading via Crypto Bot : http://bit.ly/2GynF9t
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submitted by cryptotradingbot to cryptobots [link] [comments]

Caution! Exchange hacks have greatly contributed to Bitcoin’s rising price. It’s much easier to pump up the Ponzi when the poor shmucks who had the unfortunate idea to invest, get their coins stolen and can never sell.

Caution! Exchange hacks have greatly contributed to Bitcoin’s rising price. It’s much easier to pump up the Ponzi when the poor shmucks who had the unfortunate idea to invest, get their coins stolen and can never sell. submitted by scgco to GGCrypto [link] [comments]

Exchange hacks have greatly contributed to Bitcoin’s rising price. It’s much easier to pump up the Ponzi when the poor shmucks who had the unfortunate idea to invest, get their coins stolen and can never sell.

Exchange hacks have greatly contributed to Bitcoin’s rising price. It’s much easier to pump up the Ponzi when the poor shmucks who had the unfortunate idea to invest, get their coins stolen and can never sell. submitted by AshrafRammo to CryptoCurrency [link] [comments]

Exchange hacks have greatly contributed to Bitcoins rising price. Its much easier to pump up the Ponzi when the poor shmucks who had the unfortunate idea to invest, get their coins stolen and can never sell.

Exchange hacks have greatly contributed to Bitcoins rising price. Its much easier to pump up the Ponzi when the poor shmucks who had the unfortunate idea to invest, get their coins stolen and can never sell. submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

As Singapore Sees An Influx of Bitcoin Brokerages, Exchanges & Trading Desks, DBS Bank (Development Bank of Singapore) Labels Bitcoin a Ponzi Scheme

As Singapore Sees An Influx of Bitcoin Brokerages, Exchanges & Trading Desks, DBS Bank (Development Bank of Singapore) Labels Bitcoin a Ponzi Scheme submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[uncensored-r/Bitcoin] Do you know what a Ponzi scheme is? The real reason China banned exchanges

The following post by nolimitnp is being replicated because the post has been silently greylisted(for 0.7 hours).
(It was approved by the mods at: 2017-09-17T00:25:54.000Z)
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/70j4b5
The original post's content was as follows:
This is extremely important for your financial future so I ask you take this extremely seriously with an open mind.
Firstly, KNOW AND UNDERSTAND front to back, top to bottom exactly what a Ponzi scheme is or don't even bother reading further. I recommend this video or if you don't click links, go to YouTube and search for "money week Ponzi scheme". If you can watch this entire video start to finish without thinking "holy shit, you have my attention" then you deserve to lose your money.
https://www.youtube.com/watch?v=jBGgHT2UT7o&t=18s
Secondly, in absolutely zero way am I saying cryptocurrency is worthless. It clearly has real world value. In hindsight, mixing cryptocurrency with the very thing it was designed to replace (fiat) was a huge mistake.
The overwhelming majority of Bitcoin in existence was obtained for essentially nothing by miners and early adopters for mere pennies. Until mid 2016, the price had remained mostly steady, although still volatile. In just the last year Bitcoins value has increased from $500 to almost $5000. But what is causing the price to rise so quickly to there incredible levels? You want to believe its because more people are entering the market, but that's not how it works. Cryptocurrency is unregulated, meaning it's completely possible for there not to be a market at all, but a market simulation. I'm telling you the market IS a simulation. People are seeing the consistent price increases in pretty much everything and don't want to miss out, so more and more people are buying in. We all have dreams of Bitcoin hitting $100,000 or higher. Then we've got people like Roger Ver, Jeff Berwick, Andreas M. Antonopoulos touting Bitcoin as the savior of humanity, which not only convinces more people to buy in, but also hold. And to be fair, maybe Berwick and Andreas are as naive as we are, but they were in early. This creates market liquidity. Meanwhile, they can sell their bitcoins obtained for mere pennies for ungodly profits. As long as the price continues to increase, people aren't converting back to fiat and new people will continue to buy in. Like on this recent dip, I always hear "buy on the dips". Suckers!! At some point, the "market" will decrease significantly causing millions of people to sell and attempt to convert back to fiat. But there won't be any liquidity left as the original investors have been cashing out. New investors giving their money to old investors. It's a classic ponzi scheme, the largest in history.
So you have a $1,000,000 portfolio and understand it's a ponzi scheme. Oh shit, time to sell!! Well, good luck. Coinbase withdrawal limit is only $10k per day. There just isn't an easy way to convert large amounts, a fact that is always overlooked. The fact of the matter is most people have already lost most of their money. They just don't know it yet.
Poloniex updated their ToS to include the inability to be involved in class action lawsuits the day before Bitcoin forked. Why, coincidence? If you went to sleep with 1 BTC @ $2800, you woke up with 1 BTC @ $2800 and 1 BCH @ $400. $400 of "free money". From where? Coinbase, one of the few exchanges that allows conversion back to fiat, refused to release their customers BCH until January. Why so long? Because that $400 doesn't exist, they don't want anyone selling, for obvious reasons. If Roger Ver is Satoshi Nakomoto he probably has more than 1,000,000 BTC, so he had a $400,000,000 pay day, just for owning it. Makes more sense as to why he'd push so hard for BCH now doesn't it? And you better believe he's already cashed out. But have any of you? Poloniex refused to release their BCH until August 14th, my best guess being they were waiting for someone to question where the $400 came from. Seriously, am I the only one questioning it? We dodged a bullet. And remember, that $400 from nowhere is also sloshing around in other cryptocurrencies. Ethereum will fork not once, but twice the end of this month. Why twice? Knowing what you know now about Bitcoin Cash, makes a little more sense doesn't it.
Roger Ver has parts in Bitpay, BitStamp, Kraken, Shapeshift, Purse, Ripple...everything Bitcoin. He's, well, Bitcoin Jesus. But he'd be prosecuted and hung by his balls, right? Well, not exactly.
https://qz.com/221598/marriott-is-helping-bitcoin-jesus-sell-cheap-citizenship-in-the-caribbean/
The only reason I know is because stole $17k that would be $250k today from me and I've been trying to prove it ever since. Yeah I went a little bigger, huh? We've been had fellas. Sure, laugh, but you better pray I'm wrong.
BTC: 1NHmYxrnxiBkGjhEed3VPso3oY9mnbuqSx ETH: 0xb6F4a3974Da40Ba92377bF8E61C3E8323f1ba326
We still have until at least the Ethereum fork, unless word gets out sooner. Jmbullion.com accepts bitcoin for gold and silver.
Nope, not accepting comments. Ya'll are mean as fuck. STOP SHOOTING THE MESSENGER, I did not cause this, I'm trying to help you.
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

Indian Exchange Zebpay: Bitcoin is Legal; Refuses Local Ponzi Reports

Indian Exchange Zebpay: Bitcoin is Legal; Refuses Local Ponzi Reports submitted by xezirone to Bitcoin [link] [comments]

Indian Exchange Zebpay: Bitcoin is Legal; Refues Local Ponzi Reports

Indian Exchange Zebpay: Bitcoin is Legal; Refues Local Ponzi Reports submitted by strateganer to CryptoCurrency [link] [comments]

Indian Exchange Zebpay: Bitcoin is Legal; Refutes Local Ponzi Reports

Indian Exchange Zebpay: Bitcoin is Legal; Refutes Local Ponzi Reports submitted by BobsBurgers3Bitcoin to btc [link] [comments]

Indian Exchange Zebpay: Bitcoin is Legal; Refutes Local Ponzi Reports

Indian Exchange Zebpay: Bitcoin is Legal; Refutes Local Ponzi Reports submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Documenting Bitcoin scams (exchanges, cloud mining exit scams, ponzi schemes, etc.). /r/Bitcoin

Documenting Bitcoin scams (exchanges, cloud mining exit scams, ponzi schemes, etc.). /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Chances of Recovery Bleak for Investors in MyCoin Ponzi, Exchange Likely Never Held a Single Bitcoin

Chances of Recovery Bleak for Investors in MyCoin Ponzi, Exchange Likely Never Held a Single Bitcoin submitted by voyagerdoge to DogeNews [link] [comments]

The Market Oracle claims Bitcoin is the 'Perfect Scam' and Exchanges are a "Ponzi scam"

A friend who I have been discussing BTC with sent me this link today, I can't hardly tell if the guy is joking or not, especially when he starts talking about the 800K BTC that were stolen from MTGox never existed in the first place!
http://www.marketoracle.co.uk/Article44647.html
submitted by stein411 to Bitcoin [link] [comments]

Alleged Scammers Behind Bitcoin Exchange Ponzi, MyCoin, Arrested in Taiwan

Alleged Scammers Behind Bitcoin Exchange Ponzi, MyCoin, Arrested in Taiwan submitted by MuchBitcoin to MuchBitcoin [link] [comments]

Hong Kong bitcoin exchange MyCoin believed to be a $386M ponzi scheme

source link: Hong Kong bitcoin exchange MyCoin believed to be a $386M ponzi scheme
poster: IntellisaurDinoAlien, original conspiracy link
Discourse level: 0%
Shills: 0%
submitted by conspirobot to conspiro [link] [comments]

New Bitcoin Ponzi scheme? Exchange MyCoin vanishes along with $387 million

New Bitcoin Ponzi scheme? Exchange MyCoin vanishes along with $387 million submitted by BTCNews to BTCNews [link] [comments]

First BTC Ponzi Bust - 700,000 Bitcoins!! Is Bitcoin a Ponzi? Bitcoin - A Ponzi Scheme  HINDI How Ponzi Scheme Bitcoin Collapses in the Coming Recession! 8/21/19 BIS - Bitcoin is a Ponzi

The US regulatory body, FinCEN has fined the owner of two bitcoin exchange services with $60 million due to his participation in laundering crypto that was then used in illegal transactions. One of the main criticisms of Bitcoin is how easy it is to use it to pay for illegal activities. Read more. Nearly 2000 Robinhood accounts hacked Oct 16 2020 11:49:40. Trading app Robinhood admitted that a ... That’s what the Winklevoss twins of Facebook fame and founders of the Gemini exchange did: They are, historically, the first believers and biggest investors in Bitcoin and today, now that they’ve turned bitcoin billionaires in 2017 (the only ones so far), they continue to believe in it, saying they won’t give it up, that “long-term, directionally, it’s a multi-trillion dollar asset”. PlusToken: Ponzi That Shook the Bitcoin Exchange Rate PlusToken is a scam project that can be compared with ICO TON in terms of the amount of raised funds. The pyramid collapsed in the summer of 2019, and we could safely forget about it if we do not take into account the losses of defrauded investors. People associated with PlusToken still launder dirty capital, and on such a scale that they ... Total Exchange Blog. Trade The World . in Cryptocurrency ‘Bitcoin is just one big Ponzi scheme’ by Total Exchange; on September 25, 2020; Comments Off on ‘Bitcoin is just one big Ponzi scheme’ Popular day trader and founder of Barstool Sports Dave Portnoy revealed that he bought $1.25 million worth of Bitcoin even though he thinks its “just one big Ponzi scheme” in an interview ... Mutmaßliche betrüger hinter bitcoin exchange ponzi, mycoin, in taiwan verhaftet - Bitcoin - 2020. Abrupte Abschaltung von MyCoin im Februar 2015; Modus Operandi von Mycoin ; Warnruf: Bleib weg von MyCoin-Typ Ponzi Schemes; Sie protzten mit Uhren und teuren Autos: Der größte Betrüger-Clan Deutschlands (September 2020). Die chinesische Zeitung China Times hat dies am 20. August gemeldet ...

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First BTC Ponzi Bust - 700,000 Bitcoins!!

2) Bitcoin's pricing is determined by buyers and sellers around the world, rather than by a single clearing house or exchange. 3) The Bitcoin network and software are open source and transparent. Instead, bitcoins are bought and sold on public exchanges amongst members of the general public who must all obey the same rules. If someone has told you that BitCoin is a moneymaking scheme, they ... Laser.Online had a top affiliate named 12dailypro, which relates back to a wonderful lady from 2006 that operated a $50MN Ponzi. She disappeared after 9 months, and so did her company, 12dailypro ... This video is unavailable. Watch Queue Queue This is my journey into Crypto Space and I have managed to live on my income from Bitcoin and Crypto full-time. Although many may be seeking wealth from this world I also find it fascinating the ...

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