what is the difference between a cryptocurrency and a pyramid scheme?

>>3428845
You can overtake the leader.

Pyramid schemes are illegal. Coinz are not (yet).

Pyramid schemes directly reward you for bringing new people into the scheme. Cryptocurrency doesn't.

>>3428878
To go a bit further, this makes crypto more like a Ponzi scheme.

No recruiting or multi level marketing. They have nothing in common.

>>3428845

What is the diffrence between a stock share and a pyramid scheme? Fck this logic.

Then everything that has marketing would be a pyramid scheme

>>3428900
Stock represents partial ownership of a revenue-generating company. Wealth is actually being increased.

Pyramid schemes are really just money being shuffled around.

>>3428891
It's not a ponzi if there are no dividends

ITT: what is speculation?

>>3428924
I would argue that system for transactions where partial owners receive a percentage of transaction costs is revenue generating. So any PoS coin is not that different from your revenue-generating company.
s

>>3428932
Hence why it's like a Ponzi, not actually a Ponzi.

Zero-sum games are fun.

>>3428937
Only when the coins gained from staking are actually being paid by people making transactions. Coins that are gained from new coins being created is not.

Is this a low-key nocoiner cope thread?

>>3428958
True I should have been specific. So another example would be any PoW coin where every coin has already been mined.

It's a fraud of some sort since people are buying btc thinking they'll earn money but the only way for them to earn money is to get new suckers into bitcoin.

>>3428991
Except I guess that is different because the profits don't go to coin holders, only miners.

File: dgb.png (20KB, 1069x367px) Image search: [Google]

20KB, 1069x367px

You tell me

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93KB, 800x600px

>>3428845
https://pastebin.com/ZUxTmR99

>>3429037
Yes this time it's different

>>3428938
it's not even like a ponzi, which is based on deception (that your returns are from investment not just new investors money). It's more like a voluntary version of social security.

crypto is more like a reverse funnel system

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7KB, 260x200px

>>3428920
crypto is as much as a pyramid scheme as any other stock investment . early investors disproportionately rewarded , requires continuously more money added to appease shareholders and increase in value. can collapse if this criteria fails . Enron, WorldCom , Madoff ... risk is in any investment and stock funboys can suck their mothers dicks if they think it's rock solid...like their mothers dick

>>3429067
Do read carefully: https://pastebin.com/ZUxTmR99

>>3429085
>>3428900
>>3428924
Jackpot. First guy got it.

>>3428924
but if you calculate price of company you will see it less than 1% from price of stock now

>>3429120
so rest 99% it pyramid scheme

how ot estimate Bitcoin price?
Take capitalisation of all banks in the world

>>3429141
include central banks with gold reserves

>>3429148
Ok. You are clearly drunken. Stop it.

if price of forced sell of company on bankrot less than capitalisation - you buy shit stock

>>3429131
At the moment it's around 25x so nrt asset value is about 4 percent of stock value

>>3429154

Do read carefully: https://pastebin.com/ZUxTmR99

>>3429097
>>3429184
Read carefully:
1. Bitcoin is a bubble
2. In order to prevent a bubble from popping you need to get more idiots into buying whatever overpriced asset you're sitting on.
3. The supply of idiots is - like bitcoin - finite.
4. The supply of idiots will run out.
5. When no more idiots buy overpriced asset the bubble will pop
6. 95 % of all idiots will lose their investment.

>>3429574
You read not carefully.
Do read carefully: https://pastebin.com/ZUxTmR99
https://www.youtube.com/watch?v=C6ju2-IjWhs