Notices by Charbax (charbax@noagendasocial.com)

@yukiame @SierraKiloBravo you can go if you want (which you don't) but then don't expect us to play with you if you don't like to play by the same rules as us, you can just play with yourself. Also, surely your cousins Scotland, Northern Ireland and Wales won't like this idea to leave Europe so that will mean the end of UK.

@yukiame gobble it up before Brexit!!

@yukiame I'd'd love to but Brexit and the BTC crash of 18 kicked me out of the UK 😬

@yukiame @bob @TurdFerguson Chapalyptha, Winklevoss brothers,Yifu Guo,Tony Gallippi, Jered Kenna, Dave Carlson, Charlie Shrem, Roger Ver, Mt Gox scammera and every other Bitcoin exchange scammers who claimed they got hacked when in fact they all stole all the bitcoins and all these people i list here since made many Millions of real $$ since on the backs of many recent Bitcoin bozos who bought BTC more recently thinking it'll continue to go up forever.

@bob @TurdFerguson @yukiame in my experience 99.9% of crypto schemes I have covered are made by 2 programmers in a basement trying to raise $40 million, thud using the crypto BS trend to promote each their own pyramid schemes more than them actually using blockchain in any really useful nor revolutionary way. And companies like IBM and Wells Fargo or whatever are compelled by invedtors to announce their invest R&D in any nee BS trend coming out.

@yukiame When the scheme inevitably runs out of new recruits, lacking other sources of revenue, it collapses. Since the biggest terms in a geometric sequence are at the end, most people will be in the lower levels of the pyramid; accordingly, the bottom layer of the pyramid contains the most people. The people working for pyramid schemes try to promote the actual company instead of the product they are selling. Eventually all the lower levels make no money, only the people at the top. CHECK

@yukiame @TurdFerguson The behavior of pyramid schemes follows the mathematics concerning exponential growth quite closely. Each level of the pyramid is much larger than the one before it. For a pyramid scheme to make money for everyone who enrolls in it, it would have to expand indefinitely. This is not possible because the population of Earth is finite. CHECK

@yukiame @TurdFerguson Without creating any goods or services, the only revenue streams for the scheme are recruiting more members or soliciting more money from current members. (ergo all bitcoin investors can't stop promoting how awesome bitcoin is and trying to convince everybody to buy crypto) CHECK

@yukiame @TurdFerguson The directors of the organization (those at the top of the pyramid) also receive a share of these payments. For the directors, the scheme is potentially lucrative—whether or not they do any work, the organization's membership has a strong incentive to continue recruiting and funneling money to the top of the pyramid. CHECK

Such organizations seldom involve sales of products or services with value. CHECK

@yukiame @TurdFerguson In a pyramid scheme, an organization compels individuals who wish to join to make a payment. In exchange, the organization promises its new members a share of the money (Bitcoin value going up) taken from every additional member that they recruit. CHECK

@yukiame @TurdFerguson A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products. CHECK

As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal. CHECK

@yukiame @TurdFerguson A Ponzi scheme can maintain the illusion of a sustainable business as long as new investors contribute new funds, and as long as most of the investors do not demand full repayment and still believe in the non-existent assets they are purported to own. CHECK

Every sentence in the description of Ponzi Scheme and Pyramid scheme fits perfectly with the Bitcoin crypto scam.

@yukiame @TurdFerguson from Ponzi scheme on wikipedia describes crypto perfectly:

A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. CHECK

The scheme leads victims to believe that profits are coming from product sales or other means, and they remain unaware that other investors are the source of funds. CHECK

@yukiame @TurdFerguson every sentence describing a ponzi scheme fits with crypto.

@yukiame's pyramid scheme

@TurdFerguson @yukiame what you're promoting is a burger pyramid scam based on continued forever increasing buy-in by criminals and wannabe tax cheats in India.

@bob yes the oligarchy of @yukiame's who mined a few lambos worth of doggycoins early.

@bob @yukiame yes the oligopoly of @yukiame's who mined a few lambos worth of doggycoins early.

@yukiame comon every time I see Ron Paul I can't understand how he'd want millions of poor to die in the streets, saying just charities will take care of it is crazy

@yukiame it's just a financial tax heaven to trade chinese stuff with the western world and not pay taxes on the transactions and etc. None of it is any good for the people of Hong Kong.