SCAM
A Decentralized Ponzi Scheme “Smart” Ponzi schemes.
The spread of smart contracts, i.e., computer programs whose correct execution is automatically enforced without relying on a trusted authority, creates new opportunities for fraudsters. Indeed, implementing Ponzi schemes as smart contracts would have several attractive features:
1.
The initiator of a Ponzi scheme could stay anonymous, since creating the contract and withdrawing money from it do not require to reveal her identity;
2.
Since smart contracts are “unmodifiable” and “unstoppable”, no central authority (in particular, no court of law) would be able to terminate the execution of the scheme, or revert its effects in order to refund the victims. This is particularly true for smart contracts running on permissionless blockchains, which are controlled by a peer-to-peer network of nodes.
3.
Investors may gain a false sense of trustworthiness from the fact that the code of smart contracts is public and immutable, and their execution is automatically enforced. This may lead investors to believe that the owner cannot take advantage of their money, that the scheme would run forever, and that they have a fair probability of gaining the declared interests.
All these features are made possible by a combination of factors, among which the growth of platforms for smart contracts , which advertise anonymity and contract persistence as main selling points, and the fact that these technologies are very recent, and still live in a grey area of legal systems .
This is a list of 184 known ponzi schemes based on Ethereum blockchain . Others less recognizable . For instance, they could mix multi-level marketing, token sales, and games, to realize complex smart contracts, which would be very hard to correctly classify as Ponzi schemes or legit investments
imgur.com
Check out my twitter for more info about my trades : twitter.com
And trade with me or counter trade me here because it's better then bitmex and have no overloads and have USD as collateral (Alameda CEO) ftx.com/#a=1289183 - FTX
Or here if you want to trade $SPX $GOLD and $BTC at the same palce with btc as collateral and participate in paper trading competitions with 25k$ prizes with no special requirments or deposits : t.co
Could it be now that we see this ponzi scheme collapse?Beyond Meat, Net Income...
Q2 2019: -$9.4 million
Q1 2019: -$6.6 million
Q4 2018: -$7.4 million
Q3 2018: -$9.3 million
Q2 2018: -$7.4 million
Q1 2018: -$5.7 million
Q4 2017: -$7.0 million
Hu Hu Hu.
Beyond meat market capitalization (14B) places it above 30% of S&P500 companies.
Not overvalued at all. Scaaaaam. What idiots bought? Robinbros?
Beyond Ponzi just announced a secondary share offering of 3.45 million shares.
I wonder what could go wrong?
The GoPro experience (another CNBC favorite):
Reminds me of ripple also (aaaand another CNBC favorite), with founders (also early adopters still up 10,000% with the price down more than 90% from ath) just dumping since their ponzi made them billionaires.
I am eager to see the clowns that joyfully and aggressively bought get slapped in the face and learn a harsh lesson about reality.
Week-end possibility, read description.Not very keen of this price action, I would typically wait for the week-end close / Monday open before forming any directional bias.
That said, from a ranging standpoint, a break and close above 9470$ would open the door for scalp-longs towards 9800$ with a stop below Sunday low.
Tiny size if I ever trigger, will probably half risk it considering I would typically sit this out.
XRP/BTC to ZeroNot advice for your financials, only for entertainment, my opinion.
A few months ago I made an XRPBTC Chart that had a little bit of potential and optimism, but even to my surprise it sunk below 3850 sats significantly into the mid 2000s. Even with Ripple announcing slower dumps on the market, I think it's too little too late and enough people have realized it for the scam that it is. XRP ultimately will not be useful or necessary for international banking or anything else other than pumping Ripples pockets until someone can prove it was illegal. Even then the fine will be nothing compared to what they've stolen from you.
If your coin isn't decentralized, it's poopoo.
This chart is a bit of a meme, but maybe this is the curve that no one else is looking at. A curve perpetually averaging out to zero, which is what XRP is intrinsically worth.
Thanks for coming to my TEDx Talk.
Buy bitcoin you fools.
Alt Market Cap Divided by BTCUSD to Exclude Bitcoin DistortionsAlt market capitalisation divided by the Bitcoin market price to exclude Bitcoin price distortions.
Quite often alts and Bitcoin are strongly coupled. Here the altoin market cap is divided by the Bitcoin price to remove any such coupling from the trend.
Bitcoin Manipulation Exposed...Yes, Bitcoin has been exposed as the most manipulated asset by far. However, It is very interesting how it is being done.
First, you must put Bitcoin in its rightful place as a "CURRENCY". Then you need to think about how to trade it like it is on FOREX. BTCUSDT is no different than EURUSD. To make the value of the Euro go up, all that has to be done is to make some bad news happen in the US and then the value of the Dollar goes down and then the EUR goes up.
With BTC all that needs to be done here is that some entity needs to convert a bunch of their USDT into US Dollars or Euros or whatever, causing the value of the USDT to drop and then the value of BITCOIN will go up.
Who has the ability to affect the value of USDT......The Federal Reserve....and maybe DB.
Yield Curve Inversion or Planned Implosion?Fed Funds rate divided by the value of the Dow Jones Industrial Average. Seems to be that the DJI is where they are stashing wealth after each crisis. The process would allow them to tank an index like the Dow, buy it up cheap because everyone and thing sold recently and then they fill all their cracks with stolen money. What do you think?
And we were told that war is profitable. Straight up theft is way more profitable....lol
Scam project NXSScam project NXS ?
how do you think?
I spent site analytics
chat rooms
and many other links
my conclusion is that the team merged the project
All in the Iraqi DinarToo early? :)
Disclaimer: As obvious as it is, every one isn't bright or even as smart as a rock, so before the FBI comes to kidnap me, I want to make it clear I am not promoting the Iraqi Dollar scam. Anyone that falls for it is a cretin. Society provides too much support for these people, they clearly should never have passed natural selection. Dumbest investment of the century.
BTC, what do I know?This "bull run" (laughs) is a complete fabrication fueled by manipulation.
The top is most likely in, and it's all downhill from here. Bulls are in a state of elation and it's time for "them" to pull the rug. There will be a series of bulltraps as we fall down, with less and less strength as bulltards lag behind trying to long the "dips" until the reality of the situation sets in.
First target is 7k
Second is 6.3k
Third is 5.7k
NOTES
- Breakouts from the bounces from each of those levels is possible.
- Third level very well might not hold as sentiment will be heavily damaged by then
- We could be back in the 3-4k region by August
"They" will be laughing their asses off and reminiscing the execution of the biggest bulltrap in history.
This entire idea invalidates with a close above $8.7k, and the scam bullrun probably continues in that case.
Betkin Ponzi: Is it Possible to Hit $11,446.55 by Mid June?The nature of The Ponzi's 2017 tether/ scam pump / euphoria blowoff changes and elongates all the characteristics of prior crypto market cycle structures like that of the 2013/2014 cycle.
These aren't much different times for crypto, and still retained within its underground corridors mirror many of the same problems and ghosts which haunted its seedy underbelly from years past.
Big changes are coming in the not so distant future, and for some of the obvious fraudsters it will mean the end of their dynasties, of which without warning will be extracted from the scene with a surgical blade potentially leaving many screwed and coinless.
I think people while blinded by profits forget how dangerous some of these exchanges truly are. Binance may be an exception, and CZ actually seems to really care about his customers but I doubt it because of the BSV delisting. Bitfinex and Bitmex really give zero fxcks.
Everyone is expecting much volatility in the coming 3 weeks. Whether the top is in now, or at $11.5k or even 25k, I do not know. I'd like to think another big pullback will likely be necessary before any such 35% expansion occurs.. There may be a potential that BTFD is safe all the way up to sub $9, or $10k
Noobs will be dumped on again. Do not buy the top, noob. If you do, use a stop loss. It will keep you from sucking your thumb under your covers while all your fiat money is evaporated.
These ideas are speculation, not at all financial advice and for my own personal use. After two years fxcking around in these markets, I still have no idea what Im doing. I can tell you that I have only realized gains and never lost money, so I do have that going for me.
Cheers, and may all your trades be profitable.
Oh, and btw.. Bitcoin SV is the real Bitcoin , and Craig Steven Wright was Satoshi Nakamoto ;) Get triggered.