Forex Bitcoin Forum

Bitcoin Forex Forum

  • Forex Games
  • Forum
  • Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
      Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
    Results 1 to 10 of 10

    Thread: Is Bitcoin a pyramid scheme?

    1. #10 Collapse post
      Sendo12 is offline
      Senior Member Sendo12's Avatar
      Join Date
      Sep 2018
      Posts
      906
      Thanks
      43
      Thanked 88 Times in 82 Posts
      SubscribeSubscribe
      0
      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.


    2. #9 Collapse post
      Aya is offline
      Senior Member Aya's Avatar
      Join Date
      Sep 2018
      Posts
      931
      Thanks
      32
      Thanked 89 Times in 84 Posts
      SubscribeSubscribe
      0
      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.


    3. #8 Collapse post
      Trader_Rob is offline
      Senior Member Trader_Rob's Avatar
      Join Date
      Oct 2018
      Posts
      703
      Thanks
      60
      Thanked 75 Times in 58 Posts
      SubscribeSubscribe
      1
      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.


    4. #7 Collapse post
      Alexthedefender04 is offline
      Senior Member Alexthedefender04's Avatar
      Join Date
      Nov 2017
      Posts
      557
      Thanks
      0
      Thanked 28 Times in 22 Posts
      SubscribeSubscribe
      0
      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.


    5. #6 Collapse post
      Newbie_trader is offline
      Senior Member Newbie_trader's Avatar
      Join Date
      Nov 2017
      Posts
      1,496
      Thanks
      4
      Thanked 187 Times in 133 Posts
      SubscribeSubscribe
      2
      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.


    6. #5 Collapse post
      sashavich04 is offline
      Senior Member sashavich04's Avatar
      Join Date
      Jan 2018
      Posts
      601
      Thanks
      0
      Thanked 27 Times in 22 Posts
      SubscribeSubscribe
      0
      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.


    7. #4 Collapse post
      Mr. Cid is offline
      Senior Member Mr. Cid's Avatar
      Join Date
      Dec 2017
      Posts
      2,032
      Thanks
      7
      Thanked 218 Times in 166 Posts
      SubscribeSubscribe
      2
      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.


    8. #3 Collapse post
      PALM is offline
      Senior Member PALM's Avatar
      Join Date
      Jul 2018
      Posts
      500
      Thanks
      0
      Thanked 33 Times in 18 Posts
      SubscribeSubscribe
      0
      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.


    9. #2 Collapse post
      AbdulShiek is offline
      Senior Member AbdulShiek's Avatar
      Join Date
      Dec 2017
      Posts
      1,954
      Thanks
      6
      Thanked 205 Times in 153 Posts
      SubscribeSubscribe
      1
      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.


    10. #1 Collapse post
      darexgeorgieviya04 is offline
      Senior Member darexgeorgieviya04's Avatar
      Join Date
      Feb 2018
      Posts
      625
      Thanks
      0
      Thanked 16 Times in 16 Posts
      SubscribeSubscribe
      0

      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.


    Subscribe to this Thread (3)

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •