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Using bitstamp to buy ripple | The whole thing fails because there is no longer sufficient demand for the product. There is no group of people behind bitcoin trying to bring new people into the system to pay off previous investors. In January, a man in Hong Kong was accused of a similar mining pool scam that allegedly included an advertising stunt that involved throwing money off of a skyscraper. Due to this enormous value, a growing number of investors are using their real money to purchase cryptocurrencies. The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. He enticed his clients to give him money by promising them a supposedly lucrative arbitrage deal. Is bitcoin a pyramid scheme? |
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Reddit first crypto currency to buy | Paresh Dave. Finding a traditional financial pyramid scheme today is quite challenging. Considering the design and workings of this framework, definitely not. Facebook pages based around BitClub Network communities in countries including Malaysia and South Africa remain active, with tens of thousands of members. Staff Writer X. |
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