bitcoin CRASHING LOL, page-73

  1. 4,558 Posts.
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    Lol "by definition" is your defence.

    Ponzi / pyramid schemes work on principle:
    They require flow of money from new participants to generate profits for old participants.

    If there is no new money coming in, the whole system crumbles.
    As the operation doesn't generate profits, value or anything that might pay the divident on investment.

    Sounds familiar?

    Regardless if you wanna call it a ponzi scheme or virtual sharemarket.
    Trading shares of a profitless entity that does nothing of value, requires incoming money from new participants.
    It can only operate on the same principle as ponzi or pyramid scheme.

    Tho in old days crooks needed to trick people by lying and false info, now people are willing participants.
    The only difference
 
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