I think the pyramind scheme here was the exchange itself and not bitcoins. The bitcoins played the currency role in the scheme pretty much like fiat currently plays its role in other pyramid schemes. People were conned of their bitcoins by a pyramid exchange scheme pretty much they are conned of money by similar schemes, though not necessarily exchange oriented. It goes ahead only to prove bitcoins becoming more valuable to the extents of people creating pyramid scheme to con people of it. On Wed, Nov 13, 2013 at 5:32 PM, motobaridi <motobaridi@gmail.com> wrote:
And like all "pyramid schemes", be prepped to lose some...
http://www.ibtimes.co.uk/articles/521557/20131112/chinese-bitcoin-exchange-g...
On 11/7/13, William Warero <wwarero@gmail.com> wrote:
Like all pyramid schemes, jump in while its still early, why not go for the BitCoin upcoming rival, Ripple.
http://www.pcworld.com/article/2033820/bitcoin-rival-ripple-looks-to-make-wa...
On Tue, Nov 5, 2013 at 11:22 AM, Okechukwu <okechukwu@gmail.com> wrote:
The best you can do on bitcoins is to buy them, wait till the value goes down bait and buy as much as you can, at least that is my game plan :-)
./Ok3ch
On Mon, Nov 4, 2013 at 12:00 PM, James Nzomo <kazikubwa@gmail.com>
wrote:
Not only do you need a dedicated box, it has to be a box with specific bc-mining hardware and ASICs. http://www.butterflylabs.com/
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2013/11/1 mash lists <mashlists@gmail.com>
Yeah. Had read about it.
On 1 November 2013 13:20, Kinuthia Ngugi <kinuthia.ngugi@gmail.com>wrote:
Try, all the best.
http://www.telegraph.co.uk/news/worldnews/europe/norway/10413026/Norwegian-c...
On Fri, Nov 1, 2013 at 11:56 AM, mash lists <mashlists@gmail.com>wrote:
> Hi, > Anyone tried investing on bitcoins or even mining them? I'm thinking > of trying it out. > > _______________________________________________ > skunkworks mailing list > skunkworks@lists.my.co.ke > ------------ > List info, subscribe/unsubscribe > http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks > ------------ > > Skunkworks Rules > http://my.co.ke/phpbb/viewtopic.php?f=24&t=94 > ------------ > Other services @ http://my.co.ke >
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