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Honestbit
Posts: 1
Joined: Tue Mar 22, 2016 4:00 pm

Donate BTC of your choice to 1HonestG4Qw4J6pT1DnAC8C3ArKtWhDtuK

HONEST BITCOIN: DOUBLE YOUR BITCOINS. YES IT IS A PONZI

Wed Mar 23, 2016 5:07 am

Ok. I get that you're hesitant. After all, this section of the forum is devoted to scams. But Honest Bitcoin strives to be, well, honest.

First, like all the “investments” in this section, Honest Bitcoin is a ponzi scheme. In case you didn’t know what that was, here: https://en.wikipedia.org/wiki/Ponzi_scheme. Now you know.

Those of you who have had prior experience with ponzi schemes know that they eventually collapse or deteriorate since they run out of investors, or people to scam. Or the people running them just vanish without a trace. The collapse is unavoidable, so instead of avoiding them, Honest Bitcoin anticipates them. Every 24 hours, at 10 p.m. EST, the entire payout pool is distributed to investors on a first come first serve basis. In addition, the entire system resets, starting anew the system. Note: this means that those who deposit late will probably not receive their money back, since the payout pool isn’t going to magically double every 24 hours. Oh, also we take 5% from the payout pool to keep us going. But otherwise, Honest Bitcoin is your ordinary ponzi system, where you deposit some bitcoins and hopefully get twice as much in return.

Please, voice all of your concerns below, or rate me down if you don’t believe me.

Otherwise, visit http://honestbitcoin.com. Or just deposit to 1HonestG4Qw4J6pT1DnAC8C3ArKtWhDtuK.

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