Bitcoin Forum

Yes It Is

Well I see you are from Indonesia and the Biggest Bitcoin Exchange in Indonesia, has more than 1.000.000 members registered. Does that mean that a large amount of people in your country is scammers?

You should do some more research about this technology. What did your people use to operate most of the scams in your country, before Bitcoin was developed? I will tell you, the Rupiah.  ^smile^

Is your local currency a scam, because it is used in scams? Nope, it is still only a currency.

No, because already so many peoples are joined participated cryptocurrency, even many people going rich from cryptocurrency, many proof about that out there, if like that, How some people says if cryptocurrency are scam? You should learn more about technology and cryptocurrency, there is many people thinking if cryptocurrency will change the real currency, if you want to invest, so please don't invest in ICO which isn't really real. You can  Invesment to trusted and famous coin, like bitcoin, litecoin, ethereum and etc so you will not scared with scamers.

How? Cryptocurrencies like bitcoin itself is not a scam but it becomes scam because of greedy people. Greedy people use it to take advantage of other people’s trust and weakness and to satisfy their selfish greedy desire and it created a bad image to cryptocurrency whenever a certain crime is being reported in the news that is connected to crypto.

Q. All CryptoCurrencies are scam?

A. Yes It Is

1. Fucked up capitalization
2. Answered your own question in the same post
3. Called all crypto a scam baselessly
4. Called a plural "it"

You're either autistic or retarded.

It would be highly unfair to describe all cryptocurrencies as SCAM. we've had genuine ones that has created some millionaires across the globe. Talk of Bitcoin, ethereum, litecoin and many others; such coins have been tried and tested. Although there are some bad nuts, not all crypto's are scam

In my opinion you ask invalid question. What is your main purpose by joining here? This is not make a sense coz simply it means you are the most scammers. Look if you don't believe go away in this crypto discussion and focus on the real job. Pretty sure if that is the way you think about cryptocurrencies you won't contibute good discussion.

There are cryptocurrencies that are scam but not all of them. Most of them actually are legit and can be trusted by people. Some of them are already tried and tested by most of people. We can enumerate some such as bitcoin, ethereum, ripple, bitcoin cash, litecoin, cardano, and others (coincapmarket.com). You can look at their statistics if you are looking for a great cryptocurrency. It is not true that all of them are just scam.

Crypto currencies looks like well-disguised Ponzi schemes or HYIPs

Why you think like this?
Some crypto currencies are scam, not ALL. Maybe a tons of shitcoins that peoples creates everyday with no reason, no project is scam.
At least almost TOP 100 coins aren't scam.

You can say all that you want - nobody cares about it  :) However, you can miss opportunity to earn money and get knowledge about new innovation technologies. May be in 10 years you will use blockchain in everyday life

if you are smart to look for it you will definitely get ico / company that use cryptocurrency is definitely all original or real and if you are originally looking without seeing good potential what it is and make sure you look at altcoin and make sure that ico runs smoothly, because cryptocurrency is transparent system so I think you sala write the title if cryptocurrency is paslu when you do not know the meaning of cryptocurrency and blockchain I explain again cryptocurrency is transparent while blockchain is block chain and that agree with me please in my merit and i will merit back you piss😉✌️

If you say all cryptocurrencies but all of them are scam, then dollar is the biggest scam ever. You can use cryptocurrencies in realy life, you can pay for bills or you can do many things. So it means that it is not a scam. But some projects collects money from people and then they get lost. They are big scammers. But it doesnt mean that all cryptocurrencies are scam!

LOL, not all of them but a few too many are, this is now, just think what it was like 2 and 3 years ago!

So some regulations are in force and more coming, but unfortunately all cryptos are treated as scams, even Facebook and google will not allow digital currency adverts - this is bad for us all but things and standards will get better!

no no but some are scammer and your question is also valuless if you are a crypto trader or bitcoin holder u must know the scam coin and real coin.
thank you.

I see many of answers about your question and also answers against your own topic answer by you! If you join this community and want to know something about cryptocurrency then why you answered your question by himself. how can you explain that all cryptocurrency are scam ubi many of peoples around the world main source of income come from cryptocurrency. and now a days many of company and institutions around the world are accept cryptocurrency for payment. and also I think day by day it's also increase to cryptocurrency payment for various activities.

Absolutely Not!
CloudFish LLC, a leading player in the cloud security and blockchain technologies announced that it plans to launch its own token via an initial coin offering during the current quarter.

For more details about the ICO, please check out:
www.cloud-fish.io

Try Ours!

If so, I wonder why you're here ::)

its not how can you say that all of it is scam ?
there a lot cryptocurrencies that solve some problem using blockchain technology
help other people a way to earn for living you just need to look for good project

Thanks for the high quality post.

Most of thdm are like 95% of them really but its just like internet companies in the mid 90s because greed takes over but most of it will be burned away once the bubble bursts and the ones that actually solve problems will be like amazon and google are today

Every single new innovation is called a scam at some point of time, yet all the innovations prevail. Same thing will happen for cryptocurrencies.

If it's a scam, then, it's a good scam because a lot of people are getting rich through it. LOL! Of course there are scam ICOs, scam investment, and a lot of hackers in cryptocurrency. That is why you should always keep your credentials safe, do a safe trade and investment, and make sure to do your own research before diving in.

No they aren´t scam, some coins just do not have the success they hoped for. There was and there will be some scams but with further professionalisation in crypto currencies the amount of scam coins will be reduced.

Wow, this is quote a weird post  ???

All world economic is scum, bro. Look at dollar. Look at a bill. Everything is just paper with zero's on it. It's made for our "convinience". Think wider about simple things around u.

The biggest fraud is the constant and uncontrolled issue of "green bills" and the imposition of all that they have some value. In fact, people are tired of the existing artificial and centralized economic model, so they increasingly switch to bitcoin, as a decentralized currency of modern times.

It is worth reminding, however, that bitcoin has been losing since when China took two very important decisions for the cryptocurrency market. First, the state banned the emission of cryptocurrencies and ICO, and then announced the closure of all exchanges of digital assets.

Jamie Dimon is not the only one who looks skeptically at Bitcoin. Nobel Prize winner Robert Shiller, who predicted property and technology bubbles (the famous dotcom bubble), recently said in an interview with Quartz that "bitcoin is currently the best example of a bubble". At the same time, some analysts argue that bitcoin can still rise by 45 percent. - although such forecasts do not exclude that the largest cryptocurrency will eventually collapse.

In this case, you do not have to deal with crypto currencies and write in the forums of those who deal with such deceptive things.  ;D ;D

It depends on the intention/purpose of the team wheter a ICO is gonna be scam or not... where there is money, there always be scammers/thiefs/younameit...

I don't think all cryptocurrency are scam because if they scam for sure we can't get profit from the altcoins and bitcoin.  Yes they have scam but most of coins are legit or trusted and worth it to invest.

Thank you for confirming the reason of existence of the Merit system.

This post is so stupid honestly. What is the point of posting this?
Just came in to assert w/o providing any arguments to support your view at all. -_-

Well my response to this would thus simply be "NOPE".

What kind of question is this?

Are there some 100% scam coins out there? Sure

But a lot of the cryptos are legitimate companies using crypto to raise funds

Shit post. If you feel that way get out. If you lost money investing in coins you can blame yourself. Start taking responsibility of your life instead of claiming everything is a scam. It's impossible for every coin to be a scam. You obviously aren't very well educated. Go to school. Gain some knowledge.


Lol. Proof that merits don't bring up post quality right?

LOL, I thought exactly the same, and I really cannot understand how someone can say "yes it is" without adding a single byte of explanation.

People who believe that cryptocurrencies are all a scam have a problem much bigger than the danger it could ever be if that was true as they seriously live completely detached from today's fast evolving world.

Be honest. How much did you lose?
You have no back up of what you are trying to imply.
No links to prove that they are all scam.
I bet you are just hurt for the loss that happened to you.
You might want to reconsider creating FUD's like this or you might be bash for so many people here are all crypto supporters. Just an advice to you.

OP your post is not constructive and this forum is to help other for their knowledge about crypto so i think better for you to study crypto here in forum like read different topics then use that knowledge to earn here,You only spend your time to post nonsense so better for you to study then back after you gain already a lot of knowledge,If you get bored try also some faucets and gambling first there's a lot here in forum and you can earn by that while you get some knowledge also

To be honest I must admit that I am not a great sympathizer of the current massive invasion of new altcoins that seem to emerge every day as mushrooms, however I think it is not a bad idea to diversify to find solutions to the most pressing problems to which this emerging economy is facing. It is the most efficient way to incentivize the evolutionary mechanism between cryptocurrencies, which in the end will allow only very few of the current altcoins to survive in the long term.

Give us some proper arguments why cryptocurrencies are a scam. In my opinion, they are not a scam. Did you think that cars are scam because they are faster than horses and they are not life creatures? I guess not. Cars are way more convenient and so are cryptocurrencies. Cryptocurrencies are a new way to process money. We can finally take the full control and not depend on some external institutions such as banks. Fiats are scam, nobody controls their supply and everyone could forge them.

Ye bro ;D Sell all your altcoins and bitcoin and go to work in the factory. There you can just become a millionaire and ensure the future of your children. 8) :o

Your statement is incorrect, sometimes there are coin missing and not in the same developer, but it is only low quality coin, and many good coin that will not scam like bitcoin, ethereum, and many more good coin, I think your statement is not quite right.

Are there any good ideas that can be helpful in the crypto community aside from that? Why the hell would you post such nonsense when there are lot of things to talk about in here. Or you have been scammed for you being foolish and ignorant and that is why you want to gain attention and putting doubts and fears on people that might help grow the community. Crab mentality sucks and you are one of them, that's why you sucks too. Try and remove BTC in the world so you may prove your justifications.

If you say crypto are scam, so why you still in this forum hah?
If you don't like something, just leave it. Ez thing


How do you if he comes from indonesia? I didn't see any information in his profile that say he is from indonesia

Do you even know what the definition of scam is? A fraudulent scheme performed by a dishonest individual, group, or company in an attempt obtain money or something else of value. While some people use crypto currencies to scam people, this does notmean that they are a scam in general. But the fiat money system is for sure a scam, because it loses its value every year by default! :D

Ok good for you then all of us who have invested will one day get a huge loss and you wouldn't have to worry about anything you could just see other people crying and complaining about cryptocurrency and feel more happy for not investing
But seriously let's get to the point this surely isn't the first topic on this forum similar to thia title go do on search on top right people used similar terms years ago but they are surely regretting it now I'm hope you don't want to be that person after few years

NO!. if you say that CryptoCurrencies are scam why you are joining here. i believe that there are many scams but not all. You should study cryptocurrency first and its technology. there are only scams its because their coin is really did great in ICOs. there are many kinds of scam here.

No it is not. Cryptocurrencies don't do scam.  How can  you say these things? These cryptocurrencies are helping us to have a better life. Do you have any proof that it is a scam? Many people became successful because of these cryptocurrencies you are talking about. I think you lack knowledge about it so that's why you are saying the things like this. Read more articles about crypto for you to have the right knowledge about it.

This is not true, a lot of people already had the mind the making money on internet is one way or the other a scam or fraud. Now come to cryptocurrencies the ignorants still take it to be a scam. We have no one we dupe and the necessary procedures to make it we follows. We have duty to disCharge to make the coin

No, all cryptocurrency isn't a scam. Some people are misinterpreted bitcoin as a scam because it was operated in digital technology or in network. I thought the same way too but when I'm already here in this kind of job I can say that it wasn't. Scammed issue comes to those people who are greedy.

Many different issues about cryptocurrencies are scam, but as what happening today that there are some institutions starting adapt cryptocurrencies, like for example the UNION BANK, they are now started to train their staffs on how to accept and adapt cryptocurrencies transactions like bitcoin, so meaning crypto is not a scam.

Absolutely not, there are so many proofs that cryptos is real like how it changes many people from poor to wealthy. They just called scam maybe because they did not handle their bitcoin wisely, or  maybe because they lost their bitcoins because of being negligence

No, you are totally wrong, mate. Cryptocurrency is a billion dollars market, It is not a scam. Lots of people are being rich from Cryptocurrencies. So, Please don't say that all cryptocurrencies are a scam, it hurts actually  ;D but yes, there has scam coins/Projects also. That's why you need to research more before invest. Bitcointalk forum is the best Place to learn about all cryptocurrencies. Spend time here and read more and then after few days, your mind will say the positive words, That "cryptocurrencies are the future. "

not all cryptocurrency is a scam. I see a lot of altcoin that have a good future and useful for society. you can read whitepaper, roadmap, team, etc.

No, not all cryptocurrencies are scam. There some few ICOs that are scam but those coins that are already listed in exchanges are not scam. They already have value and patronized by many people. Many coins have been created by good developers and really promising ones. I also got a lot of profit from cryptocurrencies so I beleive it is not a scam.

Bitcoin itself  it's not bro  but a lot of those smart people out there using there knowledge to take advandage members in crypto world scamers are those person who not contended what they got and even the fruit of hard work of other member  want to gain and no matter for them if they  got with bad way scammer be like

I agree with your exposure, but you are wrong, he is Russian. I think the OP should be looking for a lot more information about that with regard to crypto. in this forum there is a lot of knowledge and insight you can get. try to spend your time if you are really interested in crypto.

if all cryptocurrency are scam, it means you yourself is also scam... Lol.... You dont need to say than man  they are so many developers with real project and good use case.... Check medichain for instance to see the problem they are trying to solve... It a good buy if you try to check their whitepaper...

Cryptocurrencies are backed by nothing so they are scam? YES
Fiat are backed by GOLD? those days are long gone
Fiat backed by government and accepted by banks but with nothing of real value so even they are scam :)

As far as what I can tell they are traders and not scammers, if all cryptocurrencies will go down then those traders will be scammed by the developers of that coin. So far OP just answered directly without any explanation to support his answer which is really not a good way to start a conversation. We should be open to this topic as he is partly right but not all crypcourrencies are a scam as only a few acts like a pump and dump coin which really don't have any use at all. I would wait for OP to update his answer so that he won't get bad replies in his thread.

I disagree, its not true. I'm able to cash out my bitcoin in converting it to money. If its a scam, then you cannot do it. You will able to cash in but its hard to cash out in scam.

They are scam to the same extend as fiat currencies.

A few scam doesnt mean all crypto scam. Many people get success from cryptocurrency and now bitcoin and crypto traded on Futures. Is that you scam? I am believe that bitcoin can change our life.

I beg to disagreed, there are still good altcoin which can give profit to anyone here in this field of industry like Ethereum, Waves, Neo , Nem, Omisego and more altcoins that are potentials which has a good future like Utk, Trx, The key and Adex.

It is true that there are a plethora of shitcoins in the crypto world which were designed with the main intention of stealing money from investors, but this does not mean that all crypto coins are scams. Bitcoin, Ethereum, Neo, Litecoin etc are all popular coins which have already proved their legitimacy and have won over a huge group of investors. You must do your own research before investing into any coin since this is an extremely volatile market and it is easy to get trapped by ponzies. Be careful while investing. Just remember that there are always a few legit coins among the plethora of scams in the crypto world.

It depends who you dealing with, most people i talk over 35+, think it's scam. But younger people think digital currency is the future and they love it. I know lots of young people who invested in crypto and have high hope. So it depends on the person.

  :)  I see in the forum and this question answer a lot of question and repeated answer everyone if you join community and want to know something about a cryptocurrency and then why do we answer the question in our self and how we describe an all cryptocurrency is a scam .many people around the world have main source for income to cryptocurrency and now it has passed several companies and institutions around our world to cryptocurrency payment .at also I think everyday it also increase the crypto payment for various activities and some crypto are scam.but not all I mean .maybe a tons of coins to people creates everyday passed without reason not a project or scam and least almost the most 100coins aren't scam .I can only say here a bearer of scammer people or site such as currencies that are non existent and may be wise you choose the right path like a bitcoin cryptocurrency you will not regret the course you entering .

When I see such a post the very first thing that comes to my mind is Dam Theymos should have kept the demerits option, boy I would gladly give maximum demerits to this post.

My reasons would be a) what a shit post. b) a statement with no understanding. c) look where're you posting seriously here.

Do you know the meaning of scam? Scam is when someone cheats you, induces to cheat you.

Does crypto currency do that no, do they tell you to invest no.

Do they give you fabulous returns Yes, Do they outperform all other investments opportunities YES.

Do they force you to pay Tax NO, Do they let public know you're rich NO

Be warned OP when demerits come you and posts like this shall be slaughtered.

You should learn more about technology and cryptocurrency, there is many people thinking if cryptocurrency will change the real currency, if you want to invest,It is not true that all of them are just scam.

I think you are too stupid not to try to read or seek knowledge about crypto. I think, chances are you only know from social media news or local television show. try to find more information about crypto and bitcoin. here there is knowledge that you can get through the reading.

commented but did not explain why you said all cryptocurrency scam is a folly.
not all crypts are a scam, but there are a handful of people who take advantage of situations where crypto is in demand by people around the world and they make a fake offer.
you can not say all crypto is a scam, because you may be stuck in one of those scam.

Good point there. More than the age, this is rooted on the fact that based on studies, people who are older or those at an advanced age do not want to gamble on something they are definitely unsure of especially when it is something beyond the norms or normalcy of things. You see, cryptos are new creations, and they are not backed up by new studies. So I think it is STILL inaccurate to relate the age, although I do not deny it is a factor on why people either accept or not accept cryptos.

As to the issue pointing all cryptos as scams, please do your research. You have to know what the definition of scam is before you even refer to it as a scam. There are lots of modus nowadays in which people are enticing others to invest with the use of cryptos when in fact they have only illegitimate concerns. Hence, you have to put yourself on guard. But then again, it is so wrong to impute all cryptos as scams when there isn't any proof to prove the same.

Not all cryptocurrencies are scam if they were why more people get involved in this trend?Some people rely on cryptocurrencies as their source of income and some as their other side of job and making them successful financially through it specifically bitcoin and etherium.I have proofs that it is not a scam because even myself already profited in it and my friends have change their life because of bitcoin.

How could you say so? Maybe there are few sites and other promotions that are not true or should we say it fits your accusations, but it doesn't generalize or can be considered that all of the cryptocurrencies are like that. Aside from that it has already been proved that crypto is not like what you think it is, even though the risks are high still it can't be considered as scam.

there is no scam! But I will explain why people think so, many companies that raise funds for the release of their own coins do not cope and their company closes its activities, so investors are upset and cease to believe in the whole of the crypto currency!

No, i can't say all cryptocurrencies are scam because i have seen many persons making cool cash from it..

It's kind of like saying every app on the app store is a scam, there really no way to prove it and overall it's just a completely meaningless statement. I don't understand why people get so butthurt about cryptocurrencies.

All cryptocurrency are not scam but most of the ICO's of nowadays are scam. They now scam in a big style after or before the end of the ICO you see something like spreadsheet has be deleted,  this thread does not longer exist so many things happening in cryptocurrency community today. Some people sell bitcoin when they have non they end up discouraging those that have interest in cryptocurrency because you can't expect someone for first time scammed millions of dollars and you what that person to believe cryptocurrency is not a scam No.

I hope that it is clear for you that you are wrong. With my experiences in Cryptocurrency, im still here I am doing work in this industry. Because I am happy and even contented with my earnings. With your rank today, I think you need more reseaech anout Cryptocurrency and atleast try to do stuff before you judge.

Some of them are scam, but not all of them are scam, if it's a scam people won't using it, Bitcoin and some famous alt coins are being used in different platform and even Bitcoin already being legalized in Japan, a lot of famous company are preparing to adopt crypto currencies, so most crypto currencies are legit

It is very important to understand the word "SCAM". Of course, if you look at the dictionary, we will find a clear explanation of this word, but how does each of us perceive it? If you judge that crypto-currencies are a dummy, the same can be said about the shares of some enterprises. Personally, I do not think that the Crypto-currency is SCAM, rather it is the next stage of the development of mankind, and in the near future all developed countries will switch to crypto-currencies.

Ripple (XRP), for instance, if you got to know about that alternate coin that is backed by huge banks globally is a scam? And so the banks that backed it are also scam? How could that be?

How? Or why are you saying that all of the cryptocurrency was a scam?  What is your basis to say that even bitcoin is scam? Or it is depending to those who using crytocurrency to victim or to scam people. Like here in bitcoin i don't think that is is a scam because i am also earning here and never be a victim of those scammer so i think it ia depend on you on how you choose or predict who is the scammer and the real one.

Well if your telling a yes then you better get out soon, there could be more members or almost all of the members of this forum will hunt and oppose to your opinion because they or we believe that bitcoin is not scam. The scammers are the people who use crypto to gain money in support to their future product or services but ending up broke or unsuccessful. Bitcoins is just the way how you invested in just  like dollar, one can be get scammed using dollars but the dollar itself is not scam.

I don`t agree with you because so many coins have their real businesses where they create a solution for enterprises and offer a service to them as well as to people. So if some of them sell just dreams it doesn`t mean that all are the same.

It will ve out of place to categorised all crytocurrencies as scam. You should expect that whatever is thriving will attract scam because of lazy people who wouldn't want to follow the rules that guides it. Is just like saying all banks are scam. Its left for you to scrutinise well before investing in any crypto currency

why

That would be like you said all the people that are in crypto are scam. Could live people be a scam.

https://twitter.com/cryptowhaletips/status/964620964095918080?t=1&cn=ZmxleGlibGVfcmVjc18y&refsrc=email&iid=a32d2100b10e44fbb39c53145904e425&uid=916354302465200130&nid=244+285282305

Yep and there's that.  FUDERS >:(

Not all cryptocurrencies are scam. Some just turns out to be not that successful. Not all coins are for long term, some dies sooner than expected. But yed there are some that are intentionally created by scammers to trick people. This is why it is very important to know which coin to invest to avoid being fooled.

I'm not sure crypto is a scam, many successful people in my country, it's a real proof

There is a lot of successful people in investing in bitcoin and one of them is me. Just last night I gain 152 dollars in a night. So I can say that if you study and analyze the exchange in bitcoin, you can be successful

Definitely not all crypto currencies are scam because bitcoin, ethereum and ripple are coins that are popular in the crypto world. It was an obvious that there are lots of people who keep on investing on bitcoin. I know that there is a sudden dropping of the price of other crypto coins, but if you are aware and updated to the movement of coins in the market, there is an increase value happened. I know it is not that huge, but at least, there is a progress.

How can you say it crypto currencies are scam? Maybe you bought lousy coin or token or join ICO then it went bankruptcy and you lose your money out of it.

i think your wrong, lots of people already joined in cryptocurrency like trading, and i'm one of them. but i never been scammed, you just need to learn about altcoins and care joining those new trading site, you know more people wanted to join cryto world more scammers making sites just to scam people.

I think its not a scam. Its clever people with great invention s and they are taking the risk and we just buy the product.

it looks like OP has experienced a bad thing about cryptocurrency, so assuming all cryptocurrencies are SCAM. think clearly before you say something, because there is a lot of evidence that there are still many cryptoes traded in many markets.

All cryptocurrencies are not scammed. But some greedy people make it a scam. I Think, if it was a scam then everyday soo many people can't join it and also can't earn. From here many people earn and invest their money and they are satisfied with it. So how anybody can be called it's a scam.

I think that if all these cryptocurrencies were a fraud, it would not have developed such a global scale and someone would have stopped it. However, for so many years the cryptocurrency has been developing and is not going to stop.

Cryptocurrencies are a new way to process money or also known as new Digital Currency. It is not a scam. Lots of people are being rich from

Cryptocurrencies. So, Please don't say that all cryptocurrencies are a scam, Then you should learn about cryptocurrency first much better

because it easy to invest in Crypto world once you know all about cryptocurrency. You read more articles about crypto for you to have the right

knowledge about it.

For me not all cryptocurrencies are scam, you should know first if the crypto has a value, but it the crypto has no value tjen it is a scam but for you that alm cryto is a scam that is a big no no because I have already earn crypto. You should look fist the value to say that all the crypto is a big scam.

No Bro Few Currencies Scam but real king is Bitcoin dude

Absolutely nOt brO.
You can't say that all crypto currencies are scam, I agree with you partially that some crypto currencies are scam while some of them are real.
Don't spread negative words untill you have evidence about anything.
Thanks

Totaly agree with you. How could he ask about bitcoin for bieng a scam when so many people already involve in there country maybe this man want only a post like so that more pople will comment.