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jerguismi
on Oct 17, 2011
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Bitcoin value falls from above $33 to below $3
Well, I guess that most startups are pyramid scams, since the founders (early adopters) end up controlling massive proportion of the total worth of the company.
dpark
on Oct 17, 2011
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If the startup founders create the company specifically to sell a worthless product to investors, then yeah, it's a scam.
Also Bitcoin is not a company, any more than US Dollar is.
icebraining
on Oct 18, 2011
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Only if they say they aren't worthless. Which in this case they don't.
Tichy
on Oct 18, 2011
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How is BitCoin worthless? It's a tool that can be used for a variety of things.
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