PIPCOINS

Yes
When you cashout (sell) you get paid in rands or bitcoins

Is this not dependant on if there is a market for PipCoins.
Could you also explain why you would recommend this system to anyone you know?
 
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I ponder what coin are they using as a base for this as it isn't on any PipCoin in the big exchanges
 
So is bitcoin
Ugh.
Just because something is sometimes fickle and unpredictable doesn't mean it's a ponzi scheme.
Not sure why I'm taking your bait.
How about we keep this the PIPCOINS thread?
 
See the other thread. Mines years back and was still able so sell for real ZAR today.

Think you need to relearn that definition mate
People using the term in here needs to learn what the definition is. Pipcoin might fail but so may bitcoin and that doesn't make either of them a ponzi scheme.
 
HOW on EARTH can you compare this crap a 20 year old billionaire made to BITCOIN?

You must be trolling.

Here is the creator of Pipcoin:

https://www.linkedin.com/in/secretmillionaire

https://www.youtube.com/watch?v=_AR6RzjEuqg
I never said if it was crap or not. It's not a ponzi scheme because if it is then so is bitcoin. You're forgetting that bitcoin also had the same comments and detractors and still does. I still think it will fail in the end. Heck we don't even have an idea where it comes from. Perhaps this will get the same adoption creating millionaires from first adopters.
 
I never said if it was crap or not. It's not a ponzi scheme because if it is then so is bitcoin. You're forgetting that bitcoin also had the same comments and detractors and still does. I still think it will fail in the end. Heck we don't even have an idea where it comes from. Perhaps this will get the same adoption creating millionaires from first adopters.

This is NOTHING like bitcoin I suggest you read up and register on the site first before you comment further.

This is a text book pyramid scheme with the levels and sign up bonuses. Again NOTHING even remotely the same as bitcoin.

Not sure why I'm replying as I suspect your just trolling. In which case well baited.
 
Ok, we'll see...

Still does not fit the definition or pyramid scheme.
 
Ok, we'll see...

Still does not fit the definition or pyramid scheme.

Yes it does. As I stated earlier perhaps you should go read up what multi level marketing is.
 
Tried to register on the site now to check it out. Doesn't work AT ALL.
 
Is this not dependant on if there is a market for PipCoins.
Could you also explain why you would recommend this system to anyone you know?

LOL!...go back and check my comments... I didn't recommend PIPCOINS to anyone, I simply answered that PIPCOINS IS a pyramid scheme & I have been a member since Feb when it started.
 
LOL!...go back and check my comments... I didn't recommend PIPCOINS to anyone, I simply answered that PIPCOINS IS a pyramid scheme & I have been a member since Feb when it started.

Wasn't saying you are recommending it to people. Was asking why people would? Some kind of referral bonus?
Apologies if it came out sounding the other way.
 
Do you own physical coins? Do you own anything physical? How is the price determined?

How sustainable is the 35% and where does the 35% number come from?

No, the word PIPCOINS is just a name, you dont own anything physical in the form of coins or anything.
Owner of the website sets the price & the % growth per month....like I said...its a pyramid scheme.
You just buy and sell amongst yourselves as members & get referral bonuses when new people join under you.
 
Wasn't saying you are recommending it to people. Was asking why people would? Some kind of referral bonus?
Apologies if it came out sounding the other way.

lol...referral bonus (5% of what the newcomer buys for each time - not just once off) & obviously recommending to people who are in the same circles as you.

I wouldn't advise people to recommend such stuff to people who have never experimented with pyramid schemes before. You are just looking for trouble.
 
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