2026-01-16 08:23:50

Blockchain technology itself is not at fault; the problem lies with those virtual currencies that are hyped as "hundredfold miracle coins" or "airdrop dividends." Seemingly promising promises are actually just old tricks in disguise—using the funds of later participants to fill the losses of earlier ones. This game has been repeatedly played in the crypto world and has never changed. Every time, people believe; every time, people get harvested. No matter how fancy the packaging, fundamentally it is still the logic of a Ponzi scheme. Be sure to keep your eyes open before participating.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

17 Likes

Reward
17
5
Repost
Share

Comment

0/400

MEVHunterLucky

· 9h ago

Basically, it's just a rebranded Ponzi scheme; the tricks haven't changed at all.

View OriginalReply0

FlippedSignal

· 9h ago

You're absolutely right. It's the same old script every time, just different packaging. All those promises of "100x coins" are complete BS. Just look around at how many people in your circle have gotten rugged to see for yourself.

View OriginalReply0

SatoshiLeftOnRead

· 9h ago

Well said, a hundredfold coin is just a joke, every time there are new retail investors rushing in. --- Ponzi schemes disguised as Web3 can only fool people? Wake up, everyone. --- It's just a rebranding, the same old tricks in the crypto world have been used for ten years and are still being used. --- Really, the airdrop dividends still manage to fool people, I didn't expect that. --- There are many who see through but don't say anything, few can actually avoid it. --- Yes, yes, yes, every time they say this time is different, but it's still the same old stuff. --- The problem isn't with blockchain, it's with people's greed.

View OriginalReply0

ExpectationFarmer

· 9h ago

That's right, the hundredfold divine coin scheme really should be abandoned. It's always the same old wine in a new bottle.

View OriginalReply0

SchrodingerWallet

· 10h ago

It's really heartbreaking. The so-called 100x miracle coin can actually scam so many people, it's truly incredible. It's always the same script every time. --- Ponzi schemes with a new coat of paint, and the leeks still rush forward one after another. This is the crypto world. --- The key is that those marketing phrases are indeed brilliant. Claims of airdrops and community governance sound so high-end, but in reality, it's still the same old stuff. --- It's the truth, but it's easy to say and hard to do. How many people just can't open their eyes? --- Every time they say it won't happen again next time, but by the next month, they're already scouting for the next "opportunity" haha. --- Blockchain itself is not wrong, but this industry is basically a vampire's paradise. --- Just want to know, those promoting 100x returns, would your family members dare to participate? --- Wake up, everyone. There is no free lunch, and there are no sudden windfalls.

View OriginalReply0