[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 7 KB, 225x225, 1487335122011.jpg [View same] [iqdb] [saucenao] [google]
2820458 No.2820458 [Reply] [Original]

This is beginning to sound more and more like a pyramid scheme.

>> No.2820465

As long as you can buy drugs with Bitcoin it isn't. If went away yea it's pretty much a pyramid scheme.

>> No.2820471
File: 364 KB, 499x395, ECigPic.png [View same] [iqdb] [saucenao] [google]
2820471

we gonna be rich, mang

>> No.2820501

its simple
you buy bitcoins from someone who's chashing out after doubled their money
they did this by shilling bitcoin online and getting two idiots to buy half a bitcoin for the price they paid for one bitcoin
then you shill bitcoin two two people, they buy it for double of what you paid for it
continue on and everyone becomes rich!

>> No.2820517

>>2820458
No no no...see its just important to be there first...whadya mean you didn't invest in BTC in 2010?

>> No.2820522

>>2820458
y-y-you just don't understand le blockchain!!

>> No.2820554

>>2820458
So is fiat currency anon

Just look at the bond market and the fed interest rate

>> No.2820573

Yepp. Getting out as soon as my portfolio is back to 100k.

>> No.2820574

>>2820554
At least fiat is useful. Crypto is useless except for speculation.

>> No.2820602

>>2820554
Fiat currency slowly looses its value over time (1913 - 2013, 95% loss).

It's a jewish scam, but not a pyramid scheme.