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Old 05-12-2020, 02:00 PM  
Ferus
Bye - Left to do stuff
 
Industry Role:
Join Date: Feb 2013
Posts: 4,108
Quote:
Originally Posted by jscott View Post
You clearly don't know the meaning of "ponzi". I'd like to know who's promising massive returns in Bitcoin? The Bitcoin CEO? (There is no central entity running Bitcoin)

Pls research "ponzi" man, lets have a good discussion.
Dont be mad...

Ponzi scheme in my book = "to rob Peter to pay Paul" / "pump and dump" - call it what you want. Those buying in now, thinking it will reach 100.000 are paying for all the smart people to exit with cash in hand.

Again, if you want to daytrade it, you can still make money from people fear and market movement, but it over soon (less than 3000 in two years).

Bookmark the topic and revisit it in two years.
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