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    Thread: Is Bitcoin a pyramid scheme?

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      Sendo12 is offline
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      Quote Originally Posted by Aya View Post
      That's good to hear. Definitely, the cryptocurrency market is not a pyramid scheme. Not at all! But we also cannot deny the fact that there are many fraud companies. This is what we should be wary of.
      That's right. We don't profit from Bitcoin by bringing in new traders and getting commission from their profit. That is not how this works at all. We profit through our trades.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Trader_Rob View Post
      That is true. I too, have almost become a victim. If I did not do my own research and really learned deeply about cryptocurrency, I probably would have been scammed and would abhor crypto coins now. Thankfully, I was able to have a decent start in this industry.
      That's good to hear. Definitely, the cryptocurrency market is not a pyramid scheme. Not at all! But we also cannot deny the fact that there are many fraud companies. This is what we should be wary of.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Newbie_trader View Post
      We cannot blame them. Some people introduce Bitcoin to trick other people for money. They represent themselves as a financial expert. Some of them are using fake ledger to convince the poor soul to invest for him/her.
      That is true. I too, have almost become a victim. If I did not do my own research and really learned deeply about cryptocurrency, I probably would have been scammed and would abhor crypto coins now. Thankfully, I was able to have a decent start in this industry.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      In my view, most of those who invest in bitcoin are effectively participating in a pyramid scheme either as a future victim or a perpetrator. Some no doubt truly believe that bitcoin will function as a currency for enabling transactions, rather than a “store of value.” But I wonder whether such people truly understand economics, our monetary system, or our business environment

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Mr. Cid View Post
      Obviously, they do not have deep-knowledge about Bitcoin.
      We cannot blame them. Some people introduce Bitcoin to trick other people for money. They represent themselves as a financial expert. Some of them are using fake ledger to convince the poor soul to invest for him/her.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Bitcoin can not be likened to a pyramid scheme since it is a digital asset that can be bought and sold online and can be stored in a digital wallet where as a pyramid scheme is is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by PALM View Post
      Funny thing is after all the news, after all the videos all over internet and social media. Some people “doubters” still think Bitcoin is a pyramid scheme.
      Obviously, they do not have deep-knowledge about Bitcoin.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Funny thing is after all the news, after all the videos all over internet and social media. Some people “doubters” still think Bitcoin is a pyramid scheme.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Bitcoin is one of the trading currencies that we can invest in. There's no way that it can be a pyramid scheme. What I know about the pyramid scheme is it requires a core group like down-line.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Is Bitcoin a pyramid scheme?

      Is Bitcoin a pyramid scheme?

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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