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re: Bitcoin is a Ponzi scheme—the Internet’s favorite currency will collapse.

Posted on 4/18/13 at 9:24 am to
Posted by gizmoflak
Member since May 2007
11685 posts
Posted on 4/18/13 at 9:24 am to
back to sqaure 1:

Who is the fraudster?


Posted by LSURussian
Member since Feb 2005
128380 posts
Posted on 4/18/13 at 9:36 am to
quote:

back to sqaure 1:

Who is the fraudster?
The entity(ies) who created the scam. They allowed themselves the window to hoard a substantial number of bitcoins with the hope that the delusional paranoids of the world would bid its price up just so they could sell their large stash at select price points as new money came in to pay them off.
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