The problem with NASDAQ, and all stock markets, is that they are nothing but a Ponzi scheme where people are looking to sell it to the next guy for a higher price. (/s)

Have you even researched about bitcoin? Isnt it that people only uses bitcoin to scam? Knowing that bitcoin is a currency, it will never be a ponzi since it is only used as inveyment and you need not to misguide people to buy the product but let you decide yourself on how much you invest or buy. What ponzi do is misguide those people with lowly mind and want to earn easily, and ponzi is a doing of people with scam mindset. So before you accuse make sure you have researched everything and stop throwing false accusation to something you dont know!

You are basically saying how markets work - this is how we create value for the fiat currency as well. Bitcoin was made to be a currency and if we will want to use it of course it has to have value tied to it. Because there was no value people started to trade between each other and this is how the market formed itself from the beginning. You can't expect bitcoin to go around markets and be traded because this is how the value is created in the first place.

based on your statement your not a fan of crypto currencies so why would you waste your time to create an account, participated in the forums and posted until you now have member status ? This is mind boggling to me if you know something is not right , why are you here?. A ponzi scheme by definition is a fraudulent investment operation where the operator generates returns for older investors through revenue paid by new investors , rather from legitimate business activities or profit from financial trading. so are you suggesting that the great America gave a green light to ponzi scheme operation? , in fact the state of Arizona passed a bill this week which could allow its residents to use bitcoins to pay their taxes.We all know the seriousness and the prison time involved with trying to run a ponzi scheme in America ,im sure all these learned individuals would have recognized if it was a ponzi scheme and based on the definition of what a ponzi scheme its clear bitcoin isn't, if its a case where you just don't understand what your talking about just post the question can some one please tell me what bitcoin is and how it operates, ill be more than happy to assist

What bitcoin is backed by? The answer is nothing at all, but that's actually not a bad thing. You don't understand bitcoin because you think fiat money is real.

Are you just trolling? So odd to see something like that written on a forum like this.

Existence is reasonable. The existence of BTC has positive significance!

Many people around the world are investing in BTC and other digital currencies, and are they willing to go into a ponzi scheme?

The value of BTC is to create a digital bank that is independent of any system. The number of BTC is limited. The demand for BTC is limited, and the price of BTC is increasing, which is in line with the market rule!

I was going to say just the same but you, you said it all.
 

I think your opinion is very wrong, we know for ourselves that Ponzi is just a game of money in a ball round, and here pure bitcoin as a means of payment, investment and trade.

I think you are not getting any money from this and that's your answer to all this? Millions of people are in this and your statement make all them stupid. It's not even a close to a Ponzi. I need to read all your old post's just to make my day.

I edit my answer here after reading your post's on this forum.

You are wasting your life, time and energy on all of this crypto world in general, I suggest you to do something different and smarter in your life than answering people here. That's shortest answer it can be.
That's my opinion.