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RE: Hello everyone, Here is a great passive income to double your bitcoin
Seems to me a classic ponzi.
What exactly makes this not a ponzi?
Seems to me a classic ponzi.
What exactly makes this not a ponzi?
What makes it not a ponzi first we most ask our selves what is a ponzi?From Wikipedia, the free encyclopedia
1920 photo of Charles Ponzi, the namesake of the scheme, while still working as a businessman in his office in Boston
A Ponzi scheme (/ˈpɒn.zi/; also a Ponzi game)[1] is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent.
Now how this works is If Exchange A has a bitcoin price of USD 700 and Exchange B has a bitcoin price of USD 800, you can take advantage and exploit the price difference, by taking the USD 100 difference for yourself, easy and free money / bitcoin. You simultaneously buy bitcoin on the cheaper exchange and sell bitcoin on the more expensive exchange. If you buy 1 bitcoin for USD 700 on Exchange A and sell 1 bitcoin for USD 800 on Exchange B, you still end up having 1 bitcoin, except you also have an additional USD 100 that you didn’t have before. Free money, right?! If you have time, you can do this all day, keeping your starting amount and multiplying your earnings. Important point: the more capital you have, the more profit you make! GladiaCoin is composed of a group of highly specialized professionals from all over the world who operate a large volume of bitcoins trading daily.
Now this group of people has decided to expand its activities and, for this, it needs a bigger volume of bitcoins to maximize its gains. Therefore, it is only fair that these profits be divided among the people who contribute to this expansion.
In this way, part of this profit is divided among all people thus ensuring the contracted plan value doubles in 90 days! This is how this Gladiacoin is not a ponzi :) I hope this answers your question about how is it not a ponzi. I am very happy with the results if you choose join in on the passive income or follow me on you-tube for updates and my success with Gladiacoin 100% daily passive income. Thank you for the question.
Good question