Reddit Posts
Why Celsius was a Total PONZI SCHEME 😳 | Tiffany Fong
Buy Bitcoin before the rest of the world wakes up to the massive PONZI scheme the U.S has been running!!
Our "meme" one-liners exist for a reason, stop thinking you're over that if you're a newbie
Crypto Fight Night 2022: How To Tune In
Why is Crypto INFATUATED WITH INSANE APY's?
Why is CRYPTO INFATUATED with INSANE APY'S?
Kraken is a Ponzi scheme about to collapse. 1000s of cancelled withdrawal complaints all over
Crypto games are still early; IT TAKES TIME TO MAKE GOOD GAMES, CALM TF DOWN
Celsius former employee accused them of being insolvent since January 2021, but increased the % yield to attract new investors so they can payback old investors – Textbook definition of a PONZI
Former employee of Celsius accused them of increasing % yield while already insolvent to attract new investors so they can use the money to pay old investors – The very definition of PONZI
Cryptocurrency has 20,000+ individual coins or tokens on the market.. When I was looking at the market data today.. much thoughts on many things came to mind.. how much of them coins at the bottom of pits are legit..? And don’t get scammed next bull run..
Crypto Bubble VS the Dot Com Bubble (How they correlate)
BITCOIN IS THE INSURANCE OVER FIAT PONZI | Greg Foss
Anyone thinking of degen into USDD as they did in UST think again it's another PONZI
$TRAFU | Trading Fund |Launching at 9 March | 18:00 UTC | Uniswap
ELI5 : How is Anchor, LUNA and UST 20% yield not a PONZI
Banking the Unbanked with DeFi how its going
Banking the Unbanked with DeFi how its going
💩Please don’t buy this token| terrible team| founder publicly refuses to do any marketing| complete community censorship| one month after launch and still zero volume!💩
Educate me: How is LUNA and UST not a long drawn-out PONZI scheme?
We're all being played. Prove me wrong.
Mentions
CRYPTOCURRENCY SCAMS COME IN VARIOUS FORMS, AIMING TO DECEIVE USERS INTO FRAUDULENT SCHEMES. PONZI SCHEMES PROMISE HIGH RETURNS WITH LITTLE RISK SCAMMERS TAKE ADVANTAGE OF THIS LACK OF OVERSIGHT BY CREATING INTRICATE CRYPTOCURRENCY SCAMS THAT PREY ON INDIVIDUALS LOOKING TO INVEST IN CRYPTOCURRENCIES WITHOUT FULLY UNDERSTANDING THE RISKS INVOLVED, I'VE ALSO BE A VICTIM I LOST $75,600 BEFORE BUT THANKS TO ( send a dm on WhatsApp. +1 (253) 882‑5733) WHO SUCCESSFUL HELP ME RECOVER ALL MY CRYPTOCURRENCY SUCCESSFULLY
CRYPTOCURRENCY SCAMS COME IN VARIOUS FORMS, AIMING TO DECEIVE USERS INTO FRAUDULENT SCHEMES. PONZI SCHEMES PROMISE HIGH RETURNS WITH LITTLE RISK SCAMMERS TAKE ADVANTAGE OF THIS LACK OF OVERSIGHT BY CREATING INTRICATE CRYPTOCURRENCY SCAMS THAT PREY ON INDIVIDUALS LOOKING TO INVEST IN CRYPTOCURRENCIES WITHOUT FULLY UNDERSTANDING THE RISKS INVOLVED, I'VE ALSO BE A VICTIM I LOST $75,600 BEFORE BUT THANKS TO ( send a dm on WhatsApp. +1 (253) 882‑5733) WHO SUCCESSFUL HELP ME RECOVER ALL MY CRYPTOCURRENCY SUCCESSFULLY
CRYPTOCURRENCY SCAMS COME IN VARIOUS FORMS, AIMING TO DECEIVE USERS INTO FRAUDULENT SCHEMES. PONZI SCHEMES PROMISE HIGH RETURNS WITH LITTLE RISK SCAMMERS TAKE ADVANTAGE OF THIS LACK OF OVERSIGHT BY CREATING INTRICATE CRYPTOCURRENCY SCAMS THAT PREY ON INDIVIDUALS LOOKING TO INVEST IN CRYPTOCURRENCIES WITHOUT FULLY UNDERSTANDING THE RISKS INVOLVED, I'VE ALSO BE A VICTIM I LOST $75,600 BEFORE BUT THANKS TO ( send a dm on WhatsApp. +1 (253) 882‑5733) WHO SUCCESSFUL HELP ME RECOVER ALL MY CRYPTOCURRENCY SUCCESSFULLY
CRYPTOCURRENCY SCAMS COME IN VARIOUS FORMS, AIMING TO DECEIVE USERS INTO FRAUDULENT SCHEMES. PONZI SCHEMES PROMISE HIGH RETURNS WITH LITTLE RISK SCAMMERS TAKE ADVANTAGE OF THIS LACK OF OVERSIGHT BY CREATING INTRICATE CRYPTOCURRENCY SCAMS THAT PREY ON INDIVIDUALS LOOKING TO INVEST IN CRYPTOCURRENCIES WITHOUT FULLY UNDERSTANDING THE RISKS INVOLVED, I'VE ALSO BE A VICTIM I LOST $75,600 BEFORE BUT THANKS TO ( send a dm on WhatsApp. +1 (253) 882‑5733) WHO SUCCESSFUL HELP ME RECOVER ALL MY CRYPTOCURRENCY SUCCESSFULLY
CRYPTOCURRENCY SCAMS COME IN VARIOUS FORMS, AIMING TO DECEIVE USERS INTO FRAUDULENT SCHEMES. PONZI SCHEMES PROMISE HIGH RETURNS WITH LITTLE RISK SCAMMERS TAKE ADVANTAGE OF THIS LACK OF OVERSIGHT BY CREATING INTRICATE CRYPTOCURRENCY SCAMS THAT PREY ON INDIVIDUALS LOOKING TO INVEST IN CRYPTOCURRENCIES WITHOUT FULLY UNDERSTANDING THE RISKS INVOLVED, I'VE ALSO BE A VICTIM I LOST $75,600 BEFORE BUT THANKS TO ( send a dm on WhatsApp. +1 (253) 882‑5733) WHO SUCCESSFUL HELP ME RECOVER ALL MY CRYPTOCURRENCY SUCCESSFULLY
CRYPTOCURRENCY SCAMS COME IN VARIOUS FORMS, AIMING TO DECEIVE USERS INTO FRAUDULENT SCHEMES. PONZI SCHEMES PROMISE HIGH RETURNS WITH LITTLE RISK SCAMMERS TAKE ADVANTAGE OF THIS LACK OF OVERSIGHT BY CREATING INTRICATE CRYPTOCURRENCY SCAMS THAT PREY ON INDIVIDUALS LOOKING TO INVEST IN CRYPTOCURRENCIES WITHOUT FULLY UNDERSTANDING THE RISKS INVOLVED, I'VE ALSO BE A VICTIM I LOST $75,600 BEFORE BUT THANKS TO ( send a dm on WhatsApp. +1 (253) 882‑5733) WHO SUCCESSFUL HELP ME RECOVER ALL MY CRYPTOCURRENCY SUCCESSFULLY
CRYPTOCURRENCY SCAMS COME IN VARIOUS FORMS, AIMING TO DECEIVE USERS INTO FRAUDULENT SCHEMES. PONZI SCHEMES PROMISE HIGH RETURNS WITH LITTLE RISK SCAMMERS TAKE ADVANTAGE OF THIS LACK OF OVERSIGHT BY CREATING INTRICATE CRYPTOCURRENCY SCAMS THAT PREY ON INDIVIDUALS LOOKING TO INVEST IN CRYPTOCURRENCIES WITHOUT FULLY UNDERSTANDING THE RISKS INVOLVED, I'VE ALSO BE A VICTIM I LOST $75,600 BEFORE BUT THANKS TO ( send a dm on WhatsApp. +1 (253) 882‑5733) WHO SUCCESSFUL HELP ME RECOVER ALL MY CRYPTOCURRENCY SUCCESSFULLY
CRYPTOCURRENCY SCAMS COME IN VARIOUS FORMS, AIMING TO DECEIVE USERS INTO FRAUDULENT SCHEMES. PONZI SCHEMES PROMISE HIGH RETURNS WITH LITTLE RISK SCAMMERS TAKE ADVANTAGE OF THIS LACK OF OVERSIGHT BY CREATING INTRICATE CRYPTOCURRENCY SCAMS THAT PREY ON INDIVIDUALS LOOKING TO INVEST IN CRYPTOCURRENCIES WITHOUT FULLY UNDERSTANDING THE RISKS INVOLVED, I'VE ALSO BE A VICTIM I LOST $75,600 BEFORE BUT THANKS TO ( send a dm on WhatsApp. +1 (253) 882‑5733) WHO SUCCESSFUL HELP ME RECOVER ALL MY CRYPTOCURRENCY SUCCESSFULLY
CRYPTOCURRENCY SCAMS COME IN VARIOUS FORMS, AIMING TO DECEIVE USERS INTO FRAUDULENT SCHEMES. PONZI SCHEMES PROMISE HIGH RETURNS WITH LITTLE RISK SCAMMERS TAKE ADVANTAGE OF THIS LACK OF OVERSIGHT BY CREATING INTRICATE CRYPTOCURRENCY SCAMS THAT PREY ON INDIVIDUALS LOOKING TO INVEST IN CRYPTOCURRENCIES WITHOUT FULLY UNDERSTANDING THE RISKS INVOLVED, I'VE ALSO BE A VICTIM I LOST $75,600 BEFORE BUT THANKS TO ( send a dm on WhatsApp. +1 (253) 882‑5733) WHO SUCCESSFUL HELP ME RECOVER ALL MY CRYPTOCURRENCY SUCCESSFULLY
$PONZI to the moon!
Lol Bitcoin sucked wind compared to XRP last bull spike. Oh and XRP is buying billion dollar companies and dropping ETF's. Shitcoin? Idfk man seems like your useless store of value is a shit fucking coin. PLEASE NUMBER GO UP WITH NO UTILITY, PLEASE SAYLOR LET ME GET ON MY KNEES FOR YOUR LEVERAGED PONZI SCHEME.
I think it's a lost cause and Bitcoin needs to go the way of VHS. Unfortunately, it's a giant PONZI scheme and someone will want to continue to perpetuate that scheme. The money power will likely dictate what happens. Burning the coins could make Bitcoin even more scarce while violating the very principals blockchain was built on. It's not going to be Bitcoin anymore imo...just another fork like BCH or Ravencoin. Either the money power will transition to a Quantum Resistant chain, or it will continue with the Bitcoin charade.
Yet they celebrate the moment bitcoin goes up so they can cash out in fiat. "I'm in it for the tech"...it's a peer to peer payment system..no wait..."it's a store of value". This is the greatest PONZI scheme in human history we are witnessing. Sure Social Security and Pensions are PONZI schemes too...one more can't hurt.
Bitcoin needs to go the way of VHS. It's holding the entire blockchain space back. It's an old obsolete dinosaur that no one uses and does absolutely. The greatest PONZI in human history.
I can agree that THERE ARE PONZI SCHEMES in the crypto market, ie; Hawk tua, Luna, FTX, and an endless name of other shit projects that have rug pulled people. The market itself isn’t one though, and I believe we’ll see a flush out of all the crap once there are clear regulations and new advancements/adoption in technology.
The cycle has played out perfectly so far so I have no reason to believe anything has changed yet. I actually think the ETFs might cause more volatility, because it’s basically for normies who don’t know or care about crypto but just want to make money off of it, so they might crap themselves on a -10% day “OMG ITS GOING TO ZERO I KNEW IT WAS A PONZI!!” and sell off which would cause a snowball effect of selling.
ETF allow PONZI or fake crypto ie IOU
A new way to PONZI. Pump and Dump. Whatis the old say: “ the dumbest fool end keeping the hot 🔥 🥔 “
the chain model and scalability make solana a little bitch... a median for unconstructive babble. thievery its a loophole to " technically considered a PONZI scheme loophole.
Most of crypto is a ponzi….99.9%. If a project does nothing, offers nothing, has no real product offerings….no regulation….no licenses…no real partnerships…..its a PONZI….
Sure, the people that bought algo at 2$ are at breakeven. They just need to chill 😂😂😂 SELL EVERYTHING AND THE FUCK OUT OF THIS PONZI BEFORE YOU LOSE ALL AND BECOME A BAGHOLDER
The only crypto news I've seen lately on mainstream papers is about SBF and "Bitcoin reaches a new ATH - is it for real this time?" and comments all say "IT'S A PONZI SCHEME TULIPS BERNIE MADOFF BLABLABLA"
ETH died last cycle. Let’s be real. POS = PONZI.
Say what you will but i for one think its gonna be cool to see a "PONZI" ticker on cointelgraph
Damn it, THAT'S NOT WHAT A PONZI SCHEME IS. A Ponzi scheme is a very specific form of systemic embezzlement by a centralized institution that takes customer deposits. What you're describing (a bunch of people have to lose money for others to make money) is a Zero-Sum Game.
* Bitcoin is dead * It is a bubble * Obvious PONZI! Numbers speak louder than words.
Fiat money is more PONZI than crypto
“Blue chip cryptos” a CIA / CCP PONZI SCHEME
Man I really dipped for the worst part of the bear market lol my last 2021 reward was GRT, then I cashed out all crypto early May 2021, then came back July 2022 and got SAND learning rewards and bought HELLA eth at like $1k-$1100 lol can’t imagine how I’d feel if I rode all that shit to -90%.. Remember boys, whenever u see crypto in the news, see celebs shilling shitcoins, and have ur normie friends tellin u to buy, it’s time to SELL. I sold most my crypto the day before Elon was on SNL, cuz I’d seen how that goes previous cycles. That was the absolute top of Doge and about 10-15% from the eth, link and btc tops. SELL WHEN NORMIES WANNA BUY! ITS THE ONLY WAY TO MAKE IT! ITS ALL A PONZI!!
Bitcoin is the biggest PONZI in human history.
Despite your in depth explanation, I predict the following situation will keep happening: Degen A buys shitcoin DogeCumInsideElon at 0.10 with 69x leverage DogeCumInsideElon falls 10% to 0.09 but it wipes out Degen A’s capital because it is 69x leverage Degen A: “DOGECUMINSIDEELON IS A FUCKING PONZI WTF SEC DO YOUR JOB!!!!”
What are your opinion on WorldCoin (WLD) is it worth a small investment or a new PONZI scheme?
What are your opinions on WorldCoin (WLD) is it worth a small investment or a new PONZI scheme?
Reminds me of PONZI coin that was popular back in the day
US wants to protect and promote their own PONZI scheme!! Otherwise known as the USD.
I've seen better con arguments on here. Arguments talking about the actual tech, an issue with the way a coin works, an issue with a specific piece of regulation. Not people just going 'REEEEEEEEE PONZI".
These transactions are bullshit. People mint their NFTs and then buy those from a different wallet to create FOMO in the market. Utter nonsense and fucking bullshit. That's why there are no words that describe my frustration about this fucking PONZI NFT shit. I believe in the concept and potential but right now, it's all shit-show.
Anyone wanna jump on my new coin? It’s called PONZI. This is such a scam it’s ridiculous.
Thank God they are banning it...CRYPTO IS ALL A GIANT SCAM !!! FUCKING PONZI SCHEME !!
OP needs to ask his friend if he knows that FIAT is the greatest PONZI scheme running for a couple of centuries, at least. It is even directly funded by the government. After that, walk away. Just walk away. Real slow. Let it sink in for your friend.
yeah this is completely normal behaviour and doesn't scream PONZI at all...
The post really captures what I was saying in this sub, These sub is too invested deep into Crypto and blockchain that they themselves cannot see the negative or the non-applicability of it, or even overhype the application. People are mis interpretting me as a "hater" but I have been in this industry way before these people, I invested Bitcoin since it was less than 10USD, I was part of the early gamedev revolution with blockchain post CryptoKittens and pre Axie, I was/am a blockchain/core dev working on the nodes itself for 2 layer 0 companies, Im still in the industry, but I myself can say, NOT ALL things needs blockchain and most of all, MOST if not all web3 projects are scam-ish. The points are; \- Most Web3 projects are initiated to sell NFT and tokens and not focus on the product, it is an advantage to the seller, the company only. This is why companies who wants to grab the quick opportunity to learn INVESTED in web3, the opportunity to earn and not to revolutionize things. \- Play to earn games are PONZI-sh, giving rewards to players means they need to MINT tokens out of thin air, the value of these tokens depended on the previous or existing Liquidity, which means the more tokens minted the values are causing Inflation. The early investors can sell their tokens quickly to Earn, those late in the game will be selling it less or worst to no value. The value of the token is based on early adopters or investors, it sounds like Ponzi if you think about it. Play to earn doesnt really make sense, where do you think the money equivalent of these tokens that these games are giving away for free came from? Some medium article even defended it by saying these games have "reserves" but lets get real about it, if its real money, do you think companies will just giving away free money like that? Heck its worst than Ponzi as it just mint coins not even in the liquidity pool yet, but its value is from the ones people are already trading. Case in point in Axie: The only money that comes in the game is when user purchase/trade an Axie which is an NFT, but that money is only for THAT NFT, where do you think the rewards and free token came from? NFT may not be a scam as it practices the philosophy of "rarity" in the game, but P2E is. \- NFTs may not be centralized, but games are, developed and produced by one company, and that company needs to recoup its development expenses. \- We can use BItcoin for web3 to reward decentralization and nodes, Example, a decentralize streaming, where each node owner be rewarded for hosting one. But we dont need NFTs for it.
If u have watched the latest Coffezilla Episode about Celsius and the CEL token shenanigans u know what a PONZI scheme is.
HEX is a PONZI… let the hate messages begin!
I read all this. You’re wildly inaccurate. You start with the hypothesis that crypto is garbage and fraud. Except you never prove that point. You SAY it, over and over. But there is no PROOF in any of this. 1. Bitcoin transfers are days faster than current money transfers, which are ALREADY digitally transferred, so if efficiency is your metric, then there is NOTHiNG slower than fiat transfers. You don’t understand crypto. 2. Not all crypto is Bitcoin. This is just another point that you DONT understand. There are many consensus mechanisms, and they affect each protocol in different ways. 3. Fiat money isn’t money. Every single dollar is a SECURITY of the issuing country. It’s not money. It’s a promise of debt that will be paid at the face value. And with fractional banking, fiat is THE LARGEST PONZI on the planet. Another thing you don’t understand but use every day. 4. If scarcity is “irrelevant” why do you want to go back to the gold standard? Because it is the traceability, permanence, and SCARCITY of gold that make it the ideal substance to base a monetary system. So again, you don’t understand the very thing you argue against and for. 5. Crypto has many “real world” use cases. Last month the state of California announced it would be using black chain and NFT’s to streamline the vehicle registration and licensing process. They lose a lot of money in hidden sales, and this would earn them all that tax revenue. And that’s just one blockchain in one state and one application. Again, you just don’t understand. 6. Crypto is not the pathway to monetary freedom. But investing is. And crypto is a completely legitimate place to try to invest. Are there scams? Yes. Are there scams on Wall Street? Yes. And stock exchanges are over 500 years old. Should people ignore an entire sector for investments just because you don’t understand it? This is one long opinion. And it’s the opinion of an uneducated, loud mouth. who has taken ZERO time to learn ANYTHING about the topic of discussion. So, despite your long winded attempt at explanation, I reiterate; YOU DONT UNDERSTAND, SO YOU SHOULD BE QUIET AND LET THE ADULTS TALK.
With a name like that what could possibly go wrong? 🤔🤷♂️ I guess the only question is "which exchange"? I personally am all in on Programmable Oceanic Network Zen Innovations (PONZI) coin
If more people are selling oranges than buying oranges, the price of oranges falls. ORANGES ARE A PONZI SCHEME. THEY REQUIRE MORE PEOPL BUYING ORANGES THAN PEOPLE GROWING ORANGES. FACK WE NEED TO REPORT THIS IMMEDIATELY. ORANGES ARE A PONZI THAT HAVE GONE ON FAR TOO LONG
BTC has been profitable for 3,750 days, or 83% of its existence Same argument can be made for almost any PONZI. This is not a qualifier for anything anywhere: past performance does not indicate future performance. The post is just mindless shilling
That's not how a PONZI works. The vast amount of Bitcoin was held by Satoshi's wallets. Finding old articles to shill even more is well...showing your intentions.
Right.. Like does he even hear the words that are coming out of his mouth? It's just like when he PREVIOUSLY described a PONZI.
Start a new business so he can pay off the old debt? Where have we heard that one before 🤔 PONZI
OMG. Who would have thought that a game which constantly require new players to spend their money in order for older players to get their money back can be a PONZI. It was totally unpredictable. /s
It's a PONZI out of many. They come and go. The biggest before was the one that caused the great recession. That was before the internet era. The only difference with this Ponzi is that it took place in the internet-era. There will be bigger ones. Within your lifetime. Don't worry.
Bulls market: "Decentralization/Block Chain revolution/Future reserve currency/Digital ownership/Digital Assets" Bears market: "FUCKING PONZI SCAM WITH NO INTRINSIC VALUE!"
“FTX failed because Sam Bankman-Fried’s supporters lost confidence in him.” That’s literally how Ponzi schemes work. FTX WAS A PONZI SCHEME!
tldr; A class action lawsuit has been filed against celebrities like Steph Curry, Tom Brady, and Naomi Osaka for endorsing Ponzi scheme FTX, a Bahamas-based cryptocurrency exchange that collapsed last week. The suit claims that these stars duped people by endorsing, well…a PONZI scheme. Another name in the class actions suits is Seinfeld and Curb Your Enthusiasm creator Larry David. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
HOLY SHIT, HASN'T EVERYONE FIGURED OUT THAT IT'S A PONZI SCHEME YET? HAVE THE FAILURES OF CRYPTO TO HOLD ANY VALUE BEYOND WHAT THE EMOTION OF THE DAY IS, AND THE TREMENDOUSLY OBVIOUS FALSE CLAIMS OF BLOCKCHAIN SECURITY NOT GIVEN A HINT? None of you intend to use crypto you "own" in a commercial transaction. You're just hoping it goes up in value so you can unload it on some other sucker. When people demand their MONEY back, they ain't asking for it in cryptocurrency.
FTX WAS A PONZI SCHEME! How are these people not in prison??!!?!!??
>I can't understand how someone so incompetent was running a multi-billion dollar exchange as long as he did. Congratulations OP.... You have fallen for the scam AGAIN! SBF isn't incompetent! 1 - He made very calculated decisions to set up back doors in FTX's books so he could move customers money to his hedge fund and use. All so it wouldn't alert internal compliance teams or external auditors! 2 - He fuckin USED customers funds when specifically stating he didn't and they were segregated! 3 - He artificially manipulated the price of FTT so as to increase the valuation of it as a asset to then borrow against! This literally built his entire business on top of a PONZI! 4 - He was traded BTC between FTX and Armidale so as to artificially move BTC price from $29k to $69k! Just let that sink in as to the financial damage he has done GLOBALLY to anyone who purchased above $29k.... Those are just a few of the very deliberate crimes he has committed! Now, he is attempted to sow the narrative that he is incompetent/not intelligent/hacked.... He is a master manipulator! PERIOD! Do not listen to a person's words when assessing truth, rather look to their ACTIONS! Words are empty, you can say anything and manipulate/deceive others with them! A person's actions expose their inner intent and can't be hidden!
Name it PONZI, you will be rich.
>Now look at BNB and draw your conclusions. CZ is currently deflecting attention form the scheme he invented. The problem isn't the exchange having its own token..... - The problem is when the exchange retains ownership of a significant % of the token release. - Carries that token on their books as an "asset". - Owns a majority % of the token, that then also allows then to manipulate the tokens price. - Once that tokens price is manipulated higher, they then use mark-to-market accounting to value the asset value on their books. - Then then go to lenders and borrow against that asset on their books What SBF and FTX did was a PONZI criminal enterprise right from the release of FTT! The entire FTX house of cards was built on retaining a controlling % of the total FTT in existence and being able to manipulate price of FTT because of that! That literally financed the entire house of cards for SBF!
SBF and Do Kwon should seriously be jailed for life for causing millions of peoples life lose their money. I can’t see any fairer judgement for them running a “PONZI” like scheme without knowing. I am sure both were aware of what they were doing and they took the risk to use good people’s money for their own benefit. So ask SBF and Do Kwon to stopped their bullshit. They wouldn’t and shouldn’t get their sentence lighten!
Headlines: "Drunken taxi driver ran over a pedestrian" OP: "TAXIS ARE A PONZI"
Yes when it comes to the PONZI i think no one came near to the UST
I super appreciate you making this post solely cause it feels like finding “summarized” info on HNT has been very difficult. Super tempting to jump into but these numbers just don’t add up to a good investment let alone a fucking PONZI
There is another PONZI sports coin already: STEPN
If you work in finance you should know what a Ponzi is. Bitcoin is not a Ponzi. Even if you think it's going to zero and is a crappy proposition and will never work as a currency that DOES NOT MAKE IT A PONZI.
I remember a guy who was like ust is a shining star luna is great with it and stuff then he said ust is not all about luna its PONZI
If you think moons are bad, wait until one of your crypto friends gets into Drip Network and won’t shut the fuck Up about it, now that is a PONZI SCHEME
>One of the biggest drawbacks is that on-chain transactions will become more expensive as a result of this measure. It doesn't have any real use cases then but who cares? Now it's just a plain PONZI
They just kept borrowing without collateral from one lender to the next. It's alot like, oh what's it called? Oh yeah PONZI ..... no wonder they won't cooperate
If anyone wondering, yes, that's a textbook definition of a PONZI
That’s…..a………PONZI SCHEME!!
They are all PONZI until the exchange you kept ur money into, falls in the list...💔
Dude.....fools were getting paid 18% interest in a ZRIP environment, and didn't ask how that was happening....it was a PONZI. You millennials are beyond hope.
This is almost laughable. How many of these exchanges have to go belly up and steal your money, before you finally accept that crypto is a PONZI scheme FRAUD? Does someone have to smash your face in with a hammer before you understand the threat.
simple answer, because unless you were born yesterday, fiat has probably collapsed 3 times during your lifetime for millions of people on the planet. Can you imagine LOSING ALL YOUR LIFE SAVINGS because of a politician and how they decide to print money with no regard for the effect, and then thinking "nothing wrong with that" my original response to OP was complaining that redditors turn in Paris Hilton not knowing what Walmart is... and then you proceed to ask me what's wrong with millions of people losing everything because of FILTHY PONZI GOVERNMENT MONEY. I would have thought it's pretty obvious.
ATTENTION ALL PARTY GOERSSS. STOP WHAT YOU ARE DOING AND GET A COLD WALLETT SO YOU CAN GET YOUR MONEY OUT OF A PONZI HOPEFULLY BEFORE THEY STOP WITHDRAWLS Ight chief Just remember anything above a 4% APY is a scam. They take your coins and trade with them to try and make enough money to pay off your APY. This is what a ponzi is. Do not put your money into BS APYs.
Strictly, PONZI is based on luring new people into a scheme and using their money to pay people out who got in before them. There are definitely some schemes using crypto as a way to facilitate this kind of activity. But generally, no. Bitcoin is just a speculative investment. It's worth what you and everybody else think it's worth (ignoring the likely manipulation of the value that probably happens by the large financial institutes). The people that got in early don't make money because they got you to join late. They make money by investing low and selling high.
No, just wanted to see what peoples feelings were in a crypto sub. Lots of people in /r/conspiracy just say "ALL CRYPTO IS A PONZI GOVERNMENT CIA SCAM, SELL EVERYTHING FOR GOLD".
Why is the amount of stablecoins that fucking high in comparsion to the past when "Cash is King"? Or do you think Cash = Stablecoins? Stablecoins are meant to be invested, I highly doubt the majority of people will sit in their Stablecoins for a lot of months or even years with more sinking prices. There are 150 Billion (!!) in total of stablecoins. That's fucking insane, at peak in 2017 with BTC at 20k, it were 900 million. If you are fundamentelly convinced about a coin, now it's actually a good time to start dollar cost averaging in. Don't get emotionally influenced with attention grapping posts like this. I just bought with my first 10% of my stable coins (I also plan to get more fiat in that big PONZI scheme called crypto :P) and it feels fucking amazing to buy at such low prices again. (but I still expect lower prices too)
bro... literally ELI5 how it's a PONZI SCHEME hint you can't, cause it's not. it's no more a ponzi scheme than gold is... simple... go 1800$? you get 1 oz of gold. got 20k$? you get 1 bitcoin what's the difference? .... ponzi scheme... you give me X amount of money and in Z amount of time i give you Y amount of money back.... but you never get Y amount of money back, or X amount of money back... you get nothing. ELI5 how the first 2 are like that last? are you a retread or an artist?
Nobody: No, seriously, nobody: this sub: **IS THIS A PONZI??????!!**
PONZI!!! ETH IS A PONZI OMG. ​ ​ ​ ​ /s
Media channel syndicates owned by the same huge banks? Sure makes one wonder what else they try to make sure we don't know...US Treasury, bailed out banks and corrupt wall street, yep the biggest PONZI scheme in the world.
Bullish on $PONZI ?
>Many users on this sub use “ponzi” in a different meaning. By that meaning, everything would be a ponzi. Real estate? Ponzi. Gold? Ponzi. Prostitute? PONZI.
but if theter does it... AAAAAA PONZI, SCAM, DEPEGGING
I believe that if we have a recession it will be very short lived because we have never had a recession with this much debt and this low of interest rates. Normally the Fed could lower interest rates to get out of a recession, and they cant raise interest rates to even put us in on. They can only print money now and that is all they know. Did anyone ever see the remark by Jerome Powell to change the target inflation rate from 2% to 3%? And soon to be 4%. Just imagine what the target rate would be if they gave is real CPI numbers because hosing inflation is a complete Joke. Do you like being lied too? Think about Biden wanted to give 1 trillion dollars worth of student loan forgiveness. Who is going to pay for it. THE USE DEBT MARKET AND USD IS A PONZI SCHEME. YOU CANNOT TAPER A PONZI SCHEME.
Remember, the Madoff ponzi only offered slightly better returns than the S&P 500 anually. I think the Madoff ponzi was %10 yield per year. If you are offered 64% yield per year, you have to ask yourself where is this money coming from and how is this sustainable? I would stay away from this staking scheme. \*NOT FINANCIAL ADVICE YOU CAN GAMBLE ON ANY PONZI YOU LIKE\*
The new pyramids… big ASSS PONZI STEPN!!!
Wish someone would create 'Ponzi bot' that responds to every comment/post with the ACTUAL definition. Sure fiat has its problems, but at least be clear on what they are instead of lazily shouting "ITS TEH PONZI!!!11!!"
Terra is a stinkbomb from the start. Surely its not a rug pull..better to say that LUNA was a straight out PONZI SCHEME..Not getting into anything that bad, just ETH and BTC for me, others are useless, like 99% of NFTs...That's why im hodling only BAYC ,CryptoPunk and now gonna ape in into AngelBlock NFTs on May 24th, only secure options for me, not gettin rugged by no DoKwon = NowKo'd (spelled backwards LOL )
Do Kwan was taunting billionaires and VCs on Twitter, begging them to use that exploit. It was publicly known about for a very long time. Investors should have known about it, and the project knew about it and refused to fix it. Yeah the project should have fixed it, but investors should have left when they saw it wasn’t fixed. They should have sprinted away when DooDoo was on Twitter literally calling for an attack using that exploit. Investors could have saved themselves but chose not to out of greed. 100% their decision, therefore 100% their responsibility. Even before all that, IT WAS STILL A PONZI SCHEME. I’ll say it again. EVEN FROM THE BEGINNING, TERRA FELL UNDER THE LITERAL DEFINITION OF A PONZI SCHEME. People knew the 20% “guaranteed risk free” APY was unsustainable and extremely sketchy. But people wanted those returns, and chose to ignore the red flags. There. Is. No. Excuse.
https://www.newspapers.com/newspage/65099739/ "PONZI WILL NOT REVEAL BUSINESS SECRET" :D
its not a PONZI SCHEME you muppet