Bitcoin Forum

Let's just it is scam
How Long from Today we have left until Bitcoin will be done?
Let's say its scam we know today so how long we have time until it collpse?
Just humble speculation Let's play out the worse case scenario hope for the best prepare for the worse!

Let's say it's not, because IT IS NOT.

Even if it was (IT IS NOT), you cannot decide or predict "when will it be done" nor "when will it collapse".

There is no worsT* case scenario. The only WORSE scenario is that people start overselling it and there is not enough demand for it which will just bring prices down. That can happen in extreme case if something much much better becomes widely popular.

Not sure how this "topic" is good for this forum.

EDIT:
Oh nvm, scratch this, I just checked your trust. There is no way I can explain it to ponzi promoter why is Bitcoin not a scam.

There were many topics created about Bitcoin being a ponzi, being a scam, fraud and such.
People will always have something to say about anything which they don't understand. So if you know people who are considering this technology as one, then leave them be. We just cannot force everyone orto please them to appreciate the way we see Bitcoin and other cryptos because they won't get it. It is ofcourse, not. Those who are talking negatively have their own reasons and more likely one of those reasons are related to expectations which are not met. The idea of Bitcoin as an investment is easy profit in which we know that it is not. It would be okay to share your knowledge but forcing them will be nonsense if in the first place interest is already lacking.

If Bitcoin was a scam it would've imploded years ago already. But obviously, it isn't. Hence why it's still standing strong after receiving 11 years of name-calling from ignorant so called "critics".

The only thing I'm preparing for is hyperbitcoinization.

Hahahaha .....ok i am follow your game  ;D

Just say if bitcoin scam, i think we have time to pull back all of assets in 6 months (soonest).
You can track back in 2018-2019 to get more information.

Even in the worst case scenario, I don't think it will fall to the point of disappearing easily, as there will be a large group of fans who believe in bitcoin

I can't understand why anyone would think that bitcoin is scam or ponzi. There are many other similar topic about it on this forum and any are all well answered by top member of the forum. There is no reason to think that Bitcoin is scam. If it was scam this could be exposed years ago bitcoin is also open source and anyone can see the the codes, so there is no chance of any backdoor on it. People talking about this case in social media just trying to bring FUD and make people to sell bitcoins so they can buy bitcoin for cheaper price themselves(smart people).  

If Bitcoin was a scam then it has eventually turned legit with people already trusting it. Gold is nothing but a stone which is actually very abundant underneath the earth. The same goes for silver, pearls, diamonds, etc. They're nothing special really. They're stones and minerals. Maybe many of them are not that abundant but they're just stones and metals. In other words, nothing really special. But they eventually gained value because they're scarce and people became interested with them.

If Bitcoin were a scam, that definition has already ended before. Value is nothing but a mere agreement among people. If people suddenly agreed that a piece of paper or leaf is precious, it becomes so.

Whether or not something is scam depends on it's usefulness and how much people have confidence on it.
Bitcoin at current time is a universally accepted value which have often been prioritized than the national currencies issued by some nations. People in nations with high inflation currency and low confidence has been choosing bitcoin for safeguarding the value of their money. For the Bitcoin is more legit than their fiat.

Sorry but never that will cross my mind about Bitcoin being scam,So i won't even support every single thoughts about this.
Bitcoin has been around for more than 10 years and talking about this as scam will bring bad image and obsession to those Anti bitcoin to have their chances bringing this down.
Disappearing will never come to reality and also not in a single thought.

Maybe Rise and Fall will happen from time to time but always there a recovery in each fall.

I would ride this line of thinking that you have with bitcoin. If it really is a ponzi, then one sign of its impending collapse would be the disappearance or the massive sell-offs of the mining machines that people are using to create new bitcoins. Those ASIC miners have little versatility within them that repurposing them for other coins is not really viable. Next, you would see exchanges closing off and huge amounts of bitcoins being transferred or offloaded somewhere. Most of these exchanges would file for bankruptcy to get something off of their exit plan.

The market would be the last to know if this 'scam' is going to end. It will be started by institutions who built tens of millions of dollars worth of infrastructure around it, then the exchanges, then you, if all of it is already collapsing on its own since the giant pillars are already out in this game.

I can't imagine that it is a scam.

If it is, then you have to change some features of bitcoin that will make it a scam. Remove the miners, remove the transaction confirmation and it will only become a total transfer that requires nothing.

We've heard a lot of people telling that bitcoin is a scam. And even until now, there are still many of them that never stops telling that bitcoin is a scam and a useless asset. I think the question is for them, if you find any of them, start a discussion with your question.

The only reason why bitcoin were frequently called as scam was due to uneducated people knowing no idea at all about bitcoin. There so much accusations about the legitimacy of bitcoin, does it really true or does it really profitable? Someone i know approach me and asked me about bitcoin, and i answer him as much as i know about bitcoin. There so much question from them but none of my words seem to prove to their questions. Well its okay i did already my part to share what i have know to them.

If bitcoin is a scam then large businesses won't include Bitcoin in their portfolios this year and Paypal should ignore Bitcoin instead of including it in their payment systems.
Bitcoin was created during economic downturns and exists in the skepticism of both economists and technologists. Looking at Bitcoin's current value, I think that Bitcoin is not a scam because it is so valuable since it was born.

since it seems like you care very much about hypothetical situations lets assume another thing, lets assume you are have sold the small amount of bitcoin you had and now for quite some time you have been very desperate to buy back but since price keeps going up now you can no longer afford to buy even half of what you sold.
how long would it take for you to panic buy in at a much higher price?

Everyone can say bitcoin is a scam, but as Linux Torvalds says "talk is cheap, show me the code"...

If you prove that bitcoin is a scam then it will instantly collapse, but since no one can prove it, then it will not happen. The code behind the coin is what proves it fairness. So, you can try if you want but is a game where you will lose.

We can’t say it’s scam because Satoshi never address it as scam, so you don’t have the right to say it’s scam. Bitcoin is a cyber currency and can be used by scammers to commit havoc in the internet but doesn’t make it scam. There are millions of people worldwide that use bitcoin as their occupation, they trade with bitcoin and many other are fully into mining using the system to solve higher mathematics just to generate new bitcoin. Lots of energy is been put into during these exercise.

Bitcoin primarily is to be used for trading, investment, transactions etc and not to be used as a tool to scam. So with these understanding it’s wont be fair to say bitcoin is scam. Everyone needs to be properly educated about bitcoin.

No one knows until it would happen but for sure it wont really be that lasting that long when it comes to crashing yet we know that characteristic of crypto
where it can crash in a shortest time as possible so its safe to presume that it would really happen on that way.

Well this is just a presumption but its hard to believe that Bitcoin would really go scam. On what reason? If this one will talk about some
network compromises or attacks then we might see this one but we know that wont happen with Btc.

Prepare for the worst? Ive been prepared already but bitcoin wont really be getting this big if people are
still hesitant.

IMO by the definition of what a "scam" is Bitcoin will never fit it since it's not kind of a a deceptive scheme to fool a person for their money because it in itself has a value made purely by its supply and demand. If you are thinking it will all go down to 0 in some day I doubt it will ever happen as Bitcoin and the crypto industry is still growing and there is no signs that it is slowing down when the government is trying to adapt for it as it is in line with the digital age.

Is always that you can make a choice must what you want to believe or take to heart. About bitcoin, not many will listen to any story that bitcoin can be scam or fraud because they all have heard that a long time and stood off without investing but now they are. For them, it is either you join or you stay outside. The worst case scenario is a fall in price called retracement and the good part is the bull that is riding at this time.

Don't you guys think the fiat system is a scam?

All the currency around the world is backed by USD and USD backed by nothing. It used to be backed by gold though but when Richard Nixon decided to break the connection the entire fiat currency turned into jokes. Only a handful of the people have the power to print the money whenever they want and how they want.

Don't you think it's a crazy system and will break anytime?
Here is something you wanna read
https://www.youtube.com/watch?v=4-cB1Z9qceI

Bitcoin is definitely not a scam, the blockchain makes that virtually impossible.  However let's say that by some crazy way that it IS a scam, bitconnect is probably a pretty good example of how things would play out.  Most people would have such a hard time making withdraws , exchanges would be frozen for days, it would take a while to cash out and most people would lose a substantial amount of money.

Okay, let's say it's a scam. At the same time you have to consider that if it's a scam, there are a lot of businesses and services built around bitcoin. For example, mining companies, exchanges, etc. There is ton of money behind it, really a ton of money and a lot of employees. Turning of bitcoin into scam = turning of banks or Paypal or amazon or ebay into scam. Do you think such things will ever happen? If we consider the structure of bitcoin, how do you think that it will turn into a scam projects? Especially when it's decentralized and not a centralized.

Lets assume that this question is stupidy to the maximum, can we assume and correlates to the fact that the author is stupid as well :P.
Even if you want to assume that bitcoin is a scam, why here ::).

If you want to speculate the worst case scenario is that we will see a huge correction, i am all for that no worries and if someone is dumb enough to do anything with the coins they hold then it is their fault.

How can?
You are trying to change everyone's mindset about the worse situation about bitcoin and that is not the solution, everyone has a strategy for overcoming bad situations but they wouldn't say bitcoin is a scam. Please answer, bitcoin has hit a low price in 2019 but how many people have complained about losses because of it?

I understand that this is just a mere speculative discussion but let avoid creating similar discussion in the future as it serves no benefits to the forum nevertheless, if bitcoin was to be a scam, it won't have survived upto this level, none of them do. They all end in the soonest time possible especially so they can cook up another similar scam to continue their defrauding.

Then assuming it was able to survive all and have made it to this point then we should all know the bubble is getting ready to burst at any time possible but since that ain't happenjng as a result of the authenticity of the project, we just have to keep supporting and believing.

with the billions of bitcoin users around the world and other are in different timezones or let say others are busy , it will take more than 24 hrs before the total collapse happen . those who are early to know can sell to early and can still get some profit but late sellers are going to suffer on losses .

but who are going to start the scam ? satoshi will show up and say it was a scam and exchange will delist it ? because there are random people that say btc was a scam before but btc still didnt collapse .

Bitcoin is never a scam. Are you insane or out of your mind? As long as people trust bitcoin, it is worth on this planet and no one can replace its position. So, stop saying nonsense things on the forum. You are so annoying

Just put OP on ignore.  Attempting to decipher their obnoxious posts kills brain cells.  Every topic they've ever posted is trash.  They're never going to make any worthwhile contributions to the forum.

I think you should know some type of scam involving bitcoin. 1.  fake exchange. 
2.Phishing: Cammers using phishing methods will redirect you to a fake page that looks like an official website belonging to a trusted company. 
3.Ponzi schemes, Pincoin from the Philippines and Onecoin which are proven ponzi schemes are two examples of major scams in the cryptocurrency world.
4. fake bitcoin wallet. 
5. Fake cloud mining. 
Have you ever experienced that type of thing? I think you should not say bitcoin is a scam if you never experienced that event.

Bitcoin its not scam period.
How do you know it is a scam ? Ever since I enter in crypto some of my friends said bitcoin was not a scam and even me because we earn in bitcoin by trading or investing.

The only thing they called a scam are those people are no belong in crypto but they using the name of bitcoin for doing some bad or for scamming people are want only easily money.

Until whenever Bitcoin remains legit, so I can't imagine that Bitcoin is a scam. I think forget to think that Bitcoin is a scam,
because it will never happen. Only people who lack knowledge of Bitcoin think Bitcoin is a scam. If we think about the worst
case scenario that will happen to Bitcoin, maybe the price could drop back to the price of $ 5000. Although the possibility is
very small, if you look at the price right now that continues to rise. But we can make preparations using the stop-loss feature
that will save us from experiencing big losses.

No matter how bad it gets, I don't think it's going to fall to the point off disappearing, it always bounce back stronger and better, and also stop calling  bitcoin BTC a scam , cus its not one, for over 11 years now it has been up and standing strong and keep proving the critics wrong, after all nobody promised you "buy 1 bitcoin and get 2 bitcoins free" kinda thing, it's your choice tho, so if you still think or feel it's a scam, fine that's up to you, you can leave it for us who are the believers. ???

How can someone say that software is a scam?
Bitcoin is open source and does not contain malware.
It is a system that uses nodes around the world to validate transactions and it is the most decentralized network humanity ever had.
There is no one taking the decisions alone. It is a system of communication inside a consensus based governance.
All of these should convince you that bitcoin is not a scam but from what I see you have a clear picture of what is a scam and what is not already and you are just trying to justify your actions.

+1

He keeps on making the same threads like:

People Say btc is Not ponzi but its look like ponzi
https://bitcointalk.org/index.php?topic=5280498.msg55330235#msg55330235

What are his motives? He reveals some of them.

OP didn't buy BTC and witnessed a recent pump. Is that anger of someone who feels like he missed the train? Is OP a sore loser?  ;)

Envy isn't healthy OP, just find something you like doing and do it!

Many people are emphasising that bitcoin is scam but from my perspective bitcoin never be a scam  because if bitcoin is totally a scam its obvious that all cryptocurrencies are scam and also a fiat currency its also a scam of highest order, and no one should look at bitcoin because it's very influential and tagged it as a scam.

Funny how you come here and accuse bitcoin probably because you were told that you'll make lots of money from bitcoin. You know it very well that bitcoin is not a scam but no, you won't listen to yourself. This has always been a problem. People are being told different stories about bitcoin. The true story remains that bitcoin is not a means of making money. It is money; a means of making payments. If you look at it this way, you'll see.

As I have seen the following feedback about bitcoin, all I can say that people did not see btc as a scam. It is a digital currency that provides transparency and decentralisation. Bitcoin becomes scam when you buy it on fake exchange or somewhere else and stored it. There are many scammers around this industry but for bitcoin, it is impossible to become scam.

You do not have to think or assume that Bitcoin is a scam for there are already lots of people including different governments have think of that towards Bitcoin but still they do not have any proof to state that their claim or argument is good to be true. Those were only here says and opinions for the fact that many of us are still here just only because we know the truth behind those lies and we are the living proof of how real and reliable Bitcoin is. The misconception of people towards Bitcoin is locking them to discover and explore the reality about Bitcoin not being a scam but a real deal. That information is only for those who are willing to understand it.

many people think bitcoin is a scam and they don't know bitcoin has only heard of negative issues, the current reality is that bitcoin can be profitable and bitcoin can obviously be exchanged for fiat, what they say Boitcoin is a scam can not prove the truth.

Not really, bitcoin is an asset like gold. The value of it determine by the exchange that has happening between fiat and bitcoin. Basicallt, if bitcoin could be traded kr exchange to fiat then bitcoin will have now its value like gold. The better demand from it the higher market price it will get to bitcoin. So, do not underestimate the bitcoin system and its value which is more than 13k at the moment.

If bitcoin is a scam, who cares? people will stay on the enjoying line of this scam for a long time and it won't collapse. After all, if bitcoin is really a scam, who should we put in prison, who should return as much money as market cap to the early investors?

Satoshi never keeps your money, never promises returns hundreds of times the rate.

If Bitcoin is a scam why it takes and reaches this a lot of years into the world of industry?
This is the common mistake of the newbies if someone scams them with the name of the bitcoin the thing they all of the different things relayed on the bitcoin is just a scam.
It's better if you want to join the bitcoin community you just need to keep aware of the possible risk you will take.
I've been almost a year into the part of the bitcoin and still, right now I didn't experience losing something because I know what are the possible challenges that might encounter.

I have never thought for a single moment that bitcoin was a scam or a Ponzi scheme. It requires a bit of intelligence to understand the many different intricacies of the bitcoin world, I know that. When you get how it brilliantly uses economic incentives, game theory, energy consumption to secure the network and fixed supply you could never believe it is a scam.
Go and read the whitepaper, that's all in there.

Take two questions only, the others watch.

Has not crossed my mind, maybe for people who are disappointed, because they lack knowledge of how to trade, but not for me.

You have read history (thomas alva edison), he is the inventor and maker of the incandescent lamp, which is used for lighting all over the world, never collapses, although now there are many other models of lighting lamps.

Bitcoin was created by satoshi to illuminate the economy of people in the world, although at present many are similar to Bitcoin, Bitcoin never collapses, like an incandescent lamp to illuminate society.

because the scamer is verry greedy and wants to pull off a big time scam . on the past there are long running scams that are reported , it also take alot of years before people know that they are investing on a scam asset but lets hope that btc is not the same as that and so far there are no solid signs that tells that btc is a scam .

what are that things that are related to btc ? coins with a btc name on it ? not altcoin that have a different name , blockchain , etc although some of them are part of the btc but some of them are not scam . blockchain for example because its only technology in order for btc to work

Nobody has the right to decide the nature, We just need to continue with the bitcoin activities.
What ever that comes out is the best at time. We have been doing this, nobody should call bitcoin a scam ok,nobody knows the next thing that happens tomorrow. Let just continue and never to give up, bitcoin as a scam has nothing to do with your personal activities in your bitcoin wallet. Do what you want and don’t listen to any side talk anywhere.

Bitcoin is not a scam Bitcoin is one of the most popular currencies in the crypto market most traders do not choose Bitcoin to invest. Although Fiat is introduced in every country the demand for Bitcoin is higher than Fiat currency Currently with the rise in the price of Bitcoin the demand for it is doubling. the market collapses if the demand for Bitcoin is high, it will not take long for the market to rise. The crypto market for Bitcoin is improving bitcoin is not a scam but many people fall victim to scams when it comes to usage.

If it is then the people behind it will be done and we will not be having this conversation anymore. The word and idea of bitcoin will be covered in the depths of the internet and no one will ever know what it is although we all know it is not a scam and it is been going strong for a lot of years now. Let's just pretend I didn't say this.

To say that Bitcoin is a Scam is the worst thing that you'll ever did. Why? Because it is Not. Think of all the growing numbers of people who keep on using and trusting bitcoin across the globe. Those people who keep on getting more profits despite the negative thoughts about Bitcoin. I think, its not right to always think that bitcoin is a scam where infact, we are still here in this platform...and it means that we are bitcoin believers and we earned from it. It maybe used by some scammers to implement their evil deeds but it cant change the way how we trusted it.

That statement is rather absurd in itself. It's like claiming money is scam.
Bitcoin IS used in some rotten scam projects, but in the same way as fiat money is used.

How can we say it is scam if many are believing on it and using it. As I read about bitcoin, it started a long time ago, and yet bitcoin is still existing, so how it can be happened that this is just a scam. I think bitcoin is not a scam but the person who using it to take advantage or to deceive others is the scam.

 if Bitcoin is scam,what is junk bonds and fiat money system?

You're one funny person.
Okay I would join your imagination and give you a nice answer to it,
Let's say that it is a scam does any scam project/schemes give out time to let us know when would they run?
Do you know any scam project or investment that told their investor about their time limit on how long would they give out profit to their investor before they run?

Fiat money system and occurance of Bitcoin mass adoption has their different advantages and disadvantages so we have to consider the factors of being advantage to each other. The advantage of fiat currency is we don't need to adopt but bitcoin has more advantage than fiat currency just like having a faster money transfer wherever you are, has a bigger wallet that can also make you earn and last is it is tradable it means we can earn using it.

I don't think that bitcoin will be eliminated easily even if it is a scam, many people will still be fooled by it.

But we are blessed that bitcoin is not a fraud, it is not a scam, we are really benefiting its advantages in the market. Many people are getting successful on investing to it although it is volatile in the market. I just can't imagine if this bitcoin is a scam because it has a lot of potential to become the best and the most used cryptocurrency in the world.

Anything that will become scam at the end always a sign facilitator will surely understand that a particular currency is a scam. Since 2009 many bitcoin user are still there impacting many people about bitcoin who it work and things to be avoid not to be disqualify from the forum. Assume bitcoin be a scam by now the currency would have been showing the users that the currency is a scam.
I think bitcoin can never be a scam according to my research concerning the creator of bitcoin which is Satoshi Nakamoto. Many facilitator have help many people to achieve their goal in bitcoin family which is still making other people have interest on bitcoin. With envidence many bitcoin investors have experienced which is many than 7 years.

The bitcoin ecosystem is fully based on the Bitcoin community. This is a decentralized cryptocurrency. So we can't imagine its scam, and we can't imagine what will happen if it's become a scam as well. I am not preparing what will happen after the scam, but I am preparing how I will accumulate more bitcoin for the future. Bitcoin is adopting continuously, and the community has been increasing rapidly. So even it doesn't come into my dream that Bitcoin will be a scam.

Yeah I agree with you. How can people say that bitcoin is scam if they do not have evidence on their hands. If it is proven to be a scam then it should be shutdown a long time ago. Bitcoin is not a scam, but it is those people who use bitcoin's name or other crytocurrency coins to attract people and get money from them.

I don't even want to think that Bitcoin is scam. It sounds ridiculous to me. Bitcoin is the number one cryptocurrency in the market. It has a 11-year history. More people get to know about Bitcoin day by day. Bitcoin usage continues to increase. The number of Bitcoin ATMs in the world is increasing too. We also have many places that we can use Bitcoin as a payment method. In short, Bitcoin is the most powerful cryptocurrency and it seems that it will continue to be like that for a long time.

Bitcoin will be done? done with what when it's just getting started, we are still in the early stages bitcoin is just 11 years old now, so we can't say bitcoin its done yet, and stop labeling bitcoin as a scam cus it's not, I have been seeing several posts on this forum from newbies and it's obvious you guys don't get the concept behind bitcoin, I think its high time people like you leave the technology for those who believe it.
I disagree with you mate, there's no way bitcoin is ever going to collapse, no matter how bad it gets, if it was going to collapse it won't be around till today, this is just the beginning.

Anything can happen.
preparation for the worst-case scenario is a good strategy, it makes us aware that everything comes at a risk and we have to prepare for it with another plan.

This decade has provided ample evidence that bitcoin is legitimate and promising, despite its high risk. At least if we can use the right timing to enter and exit the market then we can make a profit. Moreover, the adoption of bitcoin has become more widespread, many people are aware that bitcoin can provide good opportunities and be an effective alternative in the financial system.

Well, even if it's a scam, what can you do? that's the risk. the principle is never investing more than you can afford to lose

I agree with your assessment, the stupid people that claim bitcoin is a scam fell for doubling ponzi schemes that promises to multiply the coins in a short period of time and and then calling out bitcoin as the culprit when they do not identify their foolishness other than that how could anyone make any claims like that.

 Don't be stupid with your investment and everything will be fine. This is not the case with bitcoin alone but it is the same with other financial assets as well.

If that situation happened, most Whales would instantly sell their savings since somebody proved that Bitcoin won't be usable and labeled as a scam.

That is a situation that would only happen if they proved that Bitcoin is a scam. However, things would not go like that since most users are still using and proving that Bitcoin is essential for their financial help.

For the past 7 years, many people are saying that the bitcoin is scam just because there are some people who are using it for some illegal activities so that bitcoin has been built a negative feedback to the people, but now that people are getting open minded with the internet things and what this so called bitcoin is they are establishing the good and positive feed back about this.

If bitcoin was a scam then probably from the past years there are so many news that has been reported this as a scam but no one does, if ever there was then probably they just use bitcoin as a front to scam people not necessarily that the bitcoin is a scam.

Indeed. If bitcoin were a scam, no one would probably buy bitcoin, and it has never helped other people become wealthy by investing their money in it. If bitcoin were a scam, no one would probably use cryptocurrency to deceive or scam people; the only reason why people used bitcoin in their illegal activities because it has a good value.

Then lets say bitcoin is scam.. Do you think no one will notice it from the earlier year of its existence? As of now there's no way for Bitcoin to be a scam due to the existence of cryptocurrencies.
Well if ever bitcoin will be discovered as a scam even if its impossible their are slim chance for bitcoin to lost its value on the market, because there are plenty of people who already hold a huge amount of it and most of these hodlers are bigshot/have a great reputation and power to change fraud to legit and fake to real.

As I mention above I think there's no possibility for a bitcoin to collapse it may drop its price but it will never die or disperse.

That is because bitcoin has so many benefits to the users especially the payment method wherein they can send money all around the globe by using only their gadgets and with an internet connection, less hassle, more secure. This is also an investment to some people who really want to earn by just learning some techniques on how they can support a certain project and by supporting that particular project they can gain income. That scam rumor only comes to those who tried investing and unfortunately supported a scam project, so they are thinking that bitcoin itself is a scam which is not true.

Lacking of fundamental knowledge about bitcoin will make the people call it a scam lol this is where " we are afraid of what we don't know" saying goes. Bitcoin isn't a scam, and will never be but people can scam using bitcoin and you should know it since you have been part of this forum in a while. Creating threads like this is pointless.

Better know what decentralization is, and how it won't be a scam.

If Bitcoin is a scam, we wouldn't be here talking about it at the moment. In wouldn't go this far if it's a scam. It has passed all the tests of time so I believe that its foundation is now too strong and it wouldn't be ending that easy. It has proven us a lot and that's also the reason why it's developing continuously and being adopted by different platforms.

Do you know what I will say? I will say no, bitcoin is not a scam. I will say the people who say bitcoin is scam is the real scammer -_- don't get offended.
I like the bitcoin ecosystem and it's decentralisation. I don't think any other thing in the world can maintain a good decentralised ecosystem like bitcoin. It's an asset, so price up down is a common things for it. And it doesn't means bitcoin is a scam.

Yes, for those who are not familiar with it, they will call bitcoin a scam.

People say that an ignorant people will hate a certain thing that they are not knowledgeable about especially if it doesn't benefit them.

There are a lot of people who are against it because they think that it is only a fraud, but little did they know that it is really a good source of profit once it is in a good price. If you challenged bitcoin with that kind of mindset then you will probably fail.

It's 12 years since Satoshi released Bitcoin whitepaper and since then, the numbers of believers have been increasing. Which turns out that it's good.
Cryptocurrency is freedom, and who doesn't?
Decentralization isn't scam. It's open source. It's the best gift. Only a person without proper understanding will think it's a scam.

In my opinion everything could be a scam, even bitcoin, bitcoin was born as a decentralized cryptocurrency ,now many things have changed since 2009, the spirit of bitcoin is no longer the same as when it was born, now it has become a very speculative cryptocurrency. Many sniffed the deal and threw themselves in.

Well if you talk about scam then there are many scam here worst than bitcoin. However, I can't say that bitcoin is scam because people are exchanging it with their fiat and that how bitcoin market was decided. Bitcoin became like a gold and that like an asset. If anything that is connected to fiat currency that thing will have the value already. This is the reason why bitcoin too became volatile. And when you check the bitcoin feautures then we can say that it has a good feature which you can take advantage.

And that is indirectly saying that the OP has no proper understanding.  :P If you will look at his post history, he has some bitterness to bitcoin or crypto but wonder why he is still here wasting his time, if he doesn't believe in bitcoin. Anyway, we don't have to assume that bitcoin is scam because it is not. Plain and simple.

Why we must say it is scam? We have no reasons to claim it a "scam".
You are stupid if calling it is a scam just thinking someday the Bitcoin may collapse. Everything has an end and Bitcoin probably won't survive a long time. But this is a general thing, not a reason to say something a scam based on the fact. IMO, you speak carelessly without thinking much of the proofs or strong reasons first.

Not sure about what you state above! Sorry, I don't really understand what you mean exactly.
But surely no one must spend all their money to invest in Bitcoin. Everyone must know if it is a high risk of crypto investment, then I believe if everybody here already plans everything before they join it. It is a fundamental thing in crypto investment!

Member like OP are very easy to spot. I didn't even check post history. It's just bad energy coming from OP. Guess OP had a bad experience lately.

Does this mean you're in support of OP that bitcoin could end up being scam?
If Bitcoin is scam, then what about the fiat? What about the financial system?
Decentralization is the best thing to happen in this century.

lets say you are the Scam and not Bitcoin?  ;D

it is not because you can make money from bitcoin but the utility use of these currency that can save us from the pandemic.

and also the option of making this coin as asset to be hold for long term.

Let's say that Bitcoin is a scam (which technically not) then I think this will leave a devastating result on everyone not only on every single individual but also on those big corporations who already adopt this technology, in short everything will be messed up. However, it is clear that Bitcoin was not a scam because if it does then it will have been discovered by someone else before.
Bitcoin was once received a lot of criticism before that it is fraud and just a scam, creating a FUD all over the market but look at it now everyone is eagerly going for it.

No one knows, did anyone predict that Bitcoin will go beyond and will set its ATH at $20k? Therefore, we also don't know when it will collapse.

at first, it was only natural that someone would think Bitcoin was a scam. that's a natural thing, especially for people who don't know the details.
they only see bad assumptions or news that are lies, not according to facts. however over time, bitcoins prove that they are an important part of the cryptocurrency world. and breaking public lies regarding scam bitcoin. the proof is that until now, bitcoin is still the number one digital currency in the world.

It reasonable for someone who dont understand a bit about Bitcoin to say its a scam and i said cause i was once among those that have such believe about Bitcoin before I later understand it true concept and it hurt that my naive act hindered me from making Millions of USD through BTC cause I would have be among the early adopters if i take my time to study Bitcoin.

Polo7, everything thats scam will only be done or closed down when people decide not to use it or be among the victim

I can say its normal and I'm sure you are doubting it also when you first heard about bitcoin, many are just scared to lose that's why they are so careful on where they  are putting their money. But for sure once they see a person who can teach them about the things they need to learn and what to do about some certain situation especially on investment then provably they will join us here for long time period and try to earn on mysterious market of bitcoin.

if bitcoin is a scam what about other altcoins? is it also likely to collapse? but now big companies really believe in bitcoin and other investors and whales also believe in bitcoin and it took months with the collapse of bitcoin for everyone to withdraw their assets and it could be 50% losing money or the worst case scenario could be up to 10- 20% separated from our assets

Usually, those who say Bitcoin is a scam have fallen victim to Ponzi projects and end up scams. If they studied bitcoin and cryptocurrency thoroughly, they would realize that getting into a Ponzi project would be very risky. Before they understood the whole technology in bitcoin. they only think about multiplying money and are influenced by a project that they think will get rich instantly. finally, they fall victim to a scam and say that bitcoin is a scam.

As for the other altcoins, there really is a lot of scam!
As for the fact that the bitcoin might collapse - in fact it might really get cheaper, like up to $1000 or $100, but the network will still work! That is, this working technology cannot be destroyed!  And it is quite possible to manipulate the price...

I don't think so that bitcoin is a scam. I have seen a lots of proof payment through bitcoin and I experienced to earn bitcoin on my own. Some people may think that bitcoin is a scam if they dont know how the bitcoin currency works and I believe that its natural that people may think that a bitcoin is a scam.

i think the question to ask the @op is that how many scam project he has come across that lasted for more than 10 years and still going strong? before people start making irrelevant post about what they have less knowledge about, it will be best to make some inquiries and research as well, the op just lack understanding just as you already stated, he is just seeking attention and nothing more.

I wonder why would OP assume that it is a scam when it has already been more than a decade and the price has been growing yearly.
Isn't it enough proof to say that it isn't a scam? What more does OP need to believe that it isn't scam.

Bitcoin is simply not a scam because it is continuously improving as time goes by. Its improvement is getting bigger and bigger because before, the price of bitcoin is just 50$ and now it is hitting 14,000$ and not yet giving a sign of it that getting lower so it still can fight until it hits 15,000$. If it hits 15,000$ we will earn a lot and it will be the proof that bitcoin is not a scam. People will only say that it is a scam if the price goes down to the floor.

I am just like you OP when I was also new in bitcoin. I did lost in investment as I was so hot believing on the FOMO or HYIP. Yet, I did not regret and instead I learn to it and now still alive and kicking with bitcoin. If you really wanted to learn about bitcoin then take it slow and observe the market first. Later on you will be able to understand and grasp the bitcoin system and will be amaze what could it bring in the future or at the current time. We do not know what will going to happen with bitcoin but for me this is something very big.

When one is new to bitcoin, easily they get under traps. This very first involvement into bitcoin usage at times end as a big failure or loss. This happens as a result of the users mistake, and the same makes people term bitcoin as scam. Once after such an experience very few will continue to use it. This is where people require good learning about bitcoin.

Since most newbies are eager to get money easily, they became more vulnerable to become victims of scammers that uses bitcoin as their front, promising such high returns that for catches the eye of newbies.
Worst case is they invested on it (commonly they cannot afford to lose that money that they invested), resulting them to be devastated as they found out that they have been scammed.
Because of this, they will take bitcoin as bad investment and will tell others that bitcoin is scam, which in reality, is not. Not even an inch.

Bitcoin is not a scam Bitcoin is scam is a decentralized open source and everyone can invest independently. In many places Bitcoin is not legalized, so they think bitcoin is a scam. Currently the crypto market is improving a lot through blockchain technology. As demand increases so do prices. By investing and retaining, traders are making a lot of profit those who do not know the proper use of these currencies think they are scams. The crypto market Bitcoin is on top other cryptocurrencies increase their price depending on the price of Bitcoin.

there has been a lot of news about Bitcoin is a scam and if you invest in Bitcoin your money will be lost, but it turns out that Bitcoin is still surviving and growing, because investors still believe to investing in Bitcoin, so even though there is a lot of negative news about Bitcoin, if it still many people believe to investing in Bitcoin, so I believe Bitcoin will still survive and never collapse.

I will never believe that Bitcoin scams, because with the high demand for Bitcoin and the number of Bitcoin ATMs continuing to grow,
it seems unlikely that Bitcoin is a scam. If you want to speculate about the worst that will happen to Bitcoin that's fine, but to mention
a Bitcoin scam is ridiculous.

Bitcoin is being characterized as an speculative bubble because of being volatile. But it is not a Scam. I think, its legitimacy are depending on those numerous people who trusted it so much. However, if you do believe that its a Scam, maybe you should stay away from it and don't you ever get involved in Crypto industry. Its the best thing that you can do, if you are thinking that way. As for me, never will I think negative to bitcoins because I can see how useful and beneficial it is and it really gave me a financial freedom so I must stick to it until the end.

What do you mean by scam

Bitcoin is 11 years old and have become a new kind of investment and payment methode for many people arround the world and almost everything about it is clear so how we can consider it as a scam

if bitcoin is a scam it will already collapse a long time ago
but it's not a scam that's why it's still here because it has its roots and ground to support the price that's is what we called the demand
in the worst-case scenario, the price will drop when every supporter will stop accepting bitcoin but it will never happen
because even we start again from the start some of us will still use bitcoin because it's convenient and better than the others.

Bitcoin is scam this was moving around for many years because too many rumours and few big whales around the globe was scared with this all and sadly they have no enough information about this all lack of knowledge so few was crying its ponzi and this will be disappear soon but its exist and working around globe without any problem even too many laws and regulations going to control this but good thing its really doing good and bringing new ways of better life for common peoples I never though about this bitcoin is scam or any thing related to this all.

bitcoin is definitely not a scam and bitcoin has a high price and can be directly exchanged for fiat and that's real, what proof of bitcoin scam is absurd I don't understand people who say bitcoin scam what they have in mind.

No it’s be fair to say Bitcoin is scam because it’s not scam. Although I’m still trying to understand your point but whatever you’re trying to figure, you should know Bitcoin is a legit Cryptocurrency. Yes I have heard of cases where people where defraud of their finance using bitcoin but that doesn’t make bitcoin a scam

Cyber criminals will always device a way to defraud others and considering the nature of bitcoin, they find it easier to use for their illegal activities. Bitcoin is decentralized and anonymous is nature.

Lets say you tell shit...
How long from today we have left, until Shitcoins will are be done away?

https://media.giphy.com/media/26FPBDkw3OF35BJpS/giphy.gif

If you say bitcoin is a scam scam and other negative things, bitcoin will not survive until now, because the name scam may last a long time, because bitcoin is an asset like gold because its value is determined by the exchange that occurs between fiat and bit coin. We need intelligence for the ins and outs of understanding about bitcoin. Let us be easy to believe about the opinion that bitcoin is a scam.

There has been no such thing as declaring Bitcoin a scam.  One of the reasons behind the skyrocketing bitcoin market is the direct approval of various agencies and government banks.  Moreover, people's confidence and trust in Bitcoin has increased a lot compared to the past, as a result of which the investors of Bitcoin have increased a hundred times more than in the past.

Scam to those who had invested into those Ponzi and other easy-money scheme websites that they had just joined or to those who had bought into the peak and

seeing their ports in read and telling that they lost money and saying its a scam.Sooner or later they would realized on what are the things that do spit out into their mouths.

They would  really be changing up those kind of thoughts once they do make up a bit little research about bitcoin, they'll for sure changing up those words later on.

Let's just say Bitcoin is a legit asset, and people use Bitcoin or use its name to scam others? Now for me that is a much preferrable question. I am simply not in a position to argue with a guy that has more negatives than me. I earned my share of fiat because of Bitcoin, and many others too. So thank you Bitcoin for providing me with a comfortable life. Of course you need to be proficient with the market and with cryptocurrency in general to become successful. Oh also, thanks to the OP as well. Another one of the FUD'ders that I can argue with here tonight. So many of them lost their satoshis so they rant all about it on this forum.

Bitcoin is one of the few digital currencies recognized by the United States, Japan, Germany, the United Kingdom and other countries. It has already been recognized by the country, so naturally it is not a scam.

true what you say bro, but they just say, that bitcoin is a scam, they only dream of it, people who say bitcoin is a scam, are people who want to take advantage, looking for opportunities in the narrow ...

Just ignore the OP, personally if bitcoin was a scam I wouldn't have anything I wanted before and bitcoin made it happen and besides that my life has become much better than before especially in finance.
And it seems that I feel that until now all bitcoin users feel the same way even more than that, besides that bitcoin growth is progressing and developing, and bitcoin users are growing from various circles and getting more popular from year to year.
Maybe the OP has had a sad personal experience or loss of ownership that has a negative impact on bitcoin, it all depends on the intelligence of ownership how to maintain and use it and remain vigilant.

It is upon the way one take it, as well as the trust/understanding one have over it. If he consider it a scam and starts using it, surely the user will get into the hands of scammers. If he understands it in the wrong way then no one can help him realise how valuable is Bitcoin. If he believe on the network and starts investing, automatically he/she'll be benefitting out of it.

People have difference of opinion about bitcoin, with time this has been changing drastically. Years back people feared of talking about bitcoin, then they feared of using it. Now things were common and people are used to it. Likewise the transition will happen making people know better about bitcoin.

The emergence of Bitcoin has a certain inevitability and is a product of the rapid development of the world. Similarly, because it is a new thing, everyone's views and even usage may not be unified. But Bitcoin is not a scam. The idea of decentralization and blockchain technology have all proven their value with visible changes to our naked eyes. Bitcoin will do the same. In addition, investment needs to be cautious.

Currency is a commodity. Bitcoin is no different from gold and diamonds. It is no different from the US dollar and RMB. No one thinks that more and more people invest in gold to win scams, nor do they think that gold is a bubble and the value of Bitcoin itself is nothing like gold. The risk of distinguishing Bitcoin comes from the risk that every new thing has to bear when it enters people’s lives rather than Bitcoin itself. In terms of practicality, gold itself is not necessarily more decorative than silver, and the reason why gold is valuable is because it is obtained. People’s recognition also applies to Bitcoin, so Bitcoin is no different from any currency or commodity we have, and the value behind it is not a lot, but at the same time Bitcoin has also become worthless. Risk, but this kind of risk is also of any commodity, but there are more and less, and Bitcoin as a fresh product, the risk is undeniably greater.

Bitcoin is not a fraud. Some people don't approve of bitcoin because they don't understand bitcoin, but think it is a fraud; In fact, bitcoin, like money, can be used in daily life in some countries; If it's a scam, why do some countries use bitcoin for trading and why don't they ban bitcoin. In this way, the person who says bitcoin is a fraud is also a liar. :)

What if you are the scam , How long will it take for you to Get banned?

Just a Humble speculation and no personal feelings mate.  ;D

But you are talking naturally while OP is asking about scam issue.

If Bitcoin is a scam, I don't think it would last until now. It has been through a lot and I believe that that's more than enough to prove its real value and function. It wouldn't attract or even catch the attention and trust of most investors if it's obviously a scam. It's hard to imagine the worst-case scenario because the goodness of having Bitcoin as an investment is really visible. 

Yes Bitcoin can never be a scam bitcoin is king at the crypto market and tops all currencies. By investing in bitcoin traders make more profit than other currencies not just for investment but if supported by the government will help a lot to improve the country's economy no one would call bitcoin a scam if they had a good idea about bitcoin and its proper use. They have no idea about bitcoin so they call bitcoin a scam.

Bitcoin is better than any fiat, and the blockchain is decentralized so no one can hack it and never be scam. The price raised from a penny to athousand dolar in less than 11 years. Bitcoin is the second of Gold that beat with the inflation,  and Bitcoin can be better than Gold because possible to transfer it from amount of sathosi to very large amount from and to around the world  just take a few minute. Bitcoin help amillion of people from in a global crisis.

Blockchain is the general trend. Just like the Internet ten years ago, it is a gold mine, but there are also many scams. This is a stage that the industry must go through. Therefore, identify scams and actively participate in the development of blockchain to obtain wealth through blockchain.

I don't know how did you come up with this idea but if that would be the case then every cryptocurrency coin would fall apart and no one will try to talk about it. Bitcoin scams or even frauds made by other people are possible but BTC being branded as a scam is not realistic since it's a digital coin used as a medium of exchange for transactions.

If bitcoin is scam this will not last for long like now, 11 years and still being supported?

698 billion market capitalization ? is this not enough to prove the legitimacy of coin?

So this is not a Scam right?

For those who don't know BTC, it may be a scam. For those who know BTC well, it's not a scam.
Let's assume it's a scam, so why do some countries support BTC's payment method.
BTC is just a voucher, just like the passbook given by the bank, except that the credit endorsement is different. BTC credit endorsement is blockchain technology, while the credit endorsement of passbook is the national government.

I don't think bitcoin can be called a scam because it is a great innovation of decentralized payments where you have control over your money. It can be accepted world wide as payments method. You can send payments in any parts of world where bitcoin accepted. earlier who purchased bitcoin at low price and one who has purchased on high price. we can not say scam now if the price is gone high. We should respect everyone money who invested at low or high price.

Actually I don't really know until today and said the currency is a scam, if you think that the currency is a scam, why will you stay in the currency BBS posts, this is to my very confusing, the currency compared to other investment projects have more advanced technology as the support, and he was decentralized, is not worried by the manipulation of some people.

maybe you don't know if bitcoin has been recognized as a commodity, like gold.  Bitcoin is not a scam but there are some people who use bitcoin for scam.  I am sure that in the future bitcoin will become more and more famous and more and more people are investing in bitcoin because large companies have started accepting bitcoin.

No let's no to say that Bitcoin is scam because it is a legitimate currency which offers many advantages over traditional money but there are some people who uses Bitcoin for scam and in every field you got some these types of scam people that doesn't mean Bitcoin is bad or it's a scam.

Bitcoin is money accepted by hundreds of millions of communities globally, this is equal to the population of one large country, with a daily transaction volume that reaches $50 billion, of course, it makes anyone interested in bitcoin so they do anything including making various scam projects.

It the mindset of people who are astray and misleading, that kind of mindset has been born since 2009 in fact that kind of mindset disappears like salt in water, let's just say you can't buy Bitcoin or can't see people who are successful in Bitcoin, what is a scam, as far as I know a scam is not like Bitcoin token maybe.

Bitcoin is not a scam if it is a scam then why would billionaire support it why they have announced that they will accept bitcoin as a payment method for their company even i have heard that many big companies will pay to employees in bitcoin.

A few years ago, most people thought Bitcoin was a Ponzi scheme. Bitcoin is the "tulip".
In this case, Bitcoin still has made great progress. These rumors have no effect on Bitcoin.
More and more people believe in Bitcoin. There are also many national companies that use Bitcoin.
Even the whole world says that Bitcoin is a scam. There are still people who believe in Bitcoin from start to finish.

I'm curious about what's happening to the OP now, is he healthy? :D

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btw, I can't understand that there are still people who don't believe in Bitcoin even though that person has been paying attention to the Bitcoin price for a long time
spreading FUD about Bitcoin is a scam that is currently not effective anymore because of the fact Bitcoin is the most high value asset today and also the most in-demand

I consider this and the rudest assumption I have ever heard. It is a discretion in thought and expression. Who can doubt bitcoin when it is the origin of this ecosystem called cryptocurrency - bitcoin is at the forefront of creating a blockchain industry as it is today. Basic Bitcoin has always been good and efficient. Without bitcoin, this space would be completely absent, and human civilization would also be in the dark of a financial dead end and inflation.

To say Bitcoin is a scam is to say blockchain is a scam which is totally not true. because blockchain is far to real even to the world outside crypto currency. Even the world government wouldn't dare to think it is a scam seeing many of them see crypto as a threat to their their local currency.
To think bitcoin is a scam is quiet belittling. If Bitcoin could pull through all these years without coming off as a scam it wouldn't start now.

If Bitcoin is scam firstly am done like it not going to be funny because many things going to happen to me which i can't even explain, but thank God Bitcoin isn't scam Despite its reputation in mainstream media, Bitcoin and the technology behind it is being used by more and more people.  Because Bitcoin isn't a scam, it's a legitimate currency which offers many advantages over traditional money.

You should understand one certain thing first. There is no need for Bitcoin to be scam to collapse in the future. Not only scam projects collapse in the end. It is about supply and demand equilibrium. As time goes on, more and more people are demanding Bitcoin and it leaves a very positive affect on its price also. Bitcoin adoption also reaches higher levels as more people get to know Bitcoin. But on some day in the future, the demand might start dropping down to zero percent and it would also affect Bitcoin's existence deeply. Bitcoin would be even erased from the market in that case.

Bitcoin is not a scam. It is real and used by many. Investors already gain a lot. Someday it will become more popular more useful than today.

in 2009 BTC was born and started to develop many people think BTC is a form of ponzi but in fact you look at 2011-2020 BTC has grown tremendously in recent years and never think BTC is a scam if you are longtime market participants and an experienced investor. You are having very negative thoughts and will affect a lot of people on the forum I don't like about this, especially new members to this forum . I am a crypto lover and i believe in it.

And if bitcoin is a scam then we're all gone on this space long time ago. Only a few would likely stay on a scam if they're the ones that have been benefiting from it. But if you've been a victim of a scam before, you're going to know how to spot a scam.
But forget about thinking of these situational moment about bitcoin being a scam, we're all fed up with it that it had been called in the past many times as a scam but in reality, it isn't. Although there are scam schemes that uses bitcoin to trick people.

Why is there even a need for such a post???

Makes no sense to speculate about something that we all on here know is not true. There are other theoretical, and more important things to ask about in this forum like what will happen to BTC in x amount of time, who is going to be the next big investors, why are people not believing in it, or what we can do as a community to help spread the crypto awareness...

Of course, it is not a scam and the OP doesn't say it was either but his question is based on assumption.

For Bitcoin to gained everything you said each and everyone one of us needs to play an important role. When was the last time you tell someone about the benefit and potential of Bitcoin?

What is hyperbitcoinization? Bitcoin was created in the Bitcoin forum. It is currently a zero-sum game in the investment world. However, it is only underdeveloped countries that pay more attention to Bitcoin. What is the scene of hyperbitcoinization? Can you explain it? Mr. MK4

Lol. Pretty weird topic. BTC is not a scam. It's pointless to discuss it. And BTC is here for a long time. The worst scenarion for now is if a lot of whales will sell BTC and it will drop it's price. But it will come back at some point anyway.

Lets say you are the scam?

https://i.imgur.com/pTtj7Tl.png


promoting scam projects lol.

Bitcoin will never be a scam so there is no conversation to move on .

Yes those are the scam and bitcoin was being use as a tool for their scamming , but bitcoin itself will never be a scam.

there are altcoin that scam but this 1st ranking coin is never come a scam.

I think, at first, for those who don't know enough about bitcoin, yes, you might think it's a "scam", especially those who make their judgments based on negative news about the subject. When people start studying about it, when they research how it works, how many big companies are involved in this ecosystem and are studying the technology behind bitcoin and other assets, she will feel safer to make her investments. I think that just studying the subject and understanding the complexity of “digital gold” will be possible to demystify the idea that bitcoin would be a scam. But for now, the vast majority who are uninformed and do not study will only understand over the years with great regret for not having known bitcoin from the beginning.

Scam is only to those people who invested on ponzi or hyip scams  which uses up bitcoin and when they do ended up on losing money they they would took the blame directly to bitcoin which is totally shit.

If bitcoin was scam on first place then this forum wouldnt exist and it wouldnt really last up a decade plus when it comes to its existence.Come to think off about its structure and total
relevance and utility then using up your common sense would tell you that it is totally non sense on saying its a scam.

They have been speculating time and again that Bitcoin is a scam. It is not, and it will never be. Many of the Bitcoin maximalists here has stressed many many times that Bitcoin is not a scam and they have been proven many times that it is not so. These post and run tactics might be their vague attempt to get merit by writing something that can be sensationalized and be talked over and over, even though it has already been done many times before.

If Bitcoin is a scam then miners, blockchain architects, traders, and even governments that regulate crypto are scammers. They are deceiving themselves. The argument that Bitcoin is a scam is false because Bitcoin's technology has been proven throughout the time Bitcoin was born and exists today. We need to let go of skepticism and believe in the technological value that Bitcoin brings.
If anyone can prove bitcoin is a scam then he will definitely get NOBEL in economics, math :)))

Indeed. A lot of illegal activities are often forced to be associated with bitcoin by the haters that is why most people really think it is a scam, when in fact it is not. The majority are just not knowledgeable enough about it and do not accept to be educated on which is often the cause of the argument and the spread of fake news. At the present, we have so many ways to verify information that we heard or read online. It's just up to us if we will countercheck and see for ourselves if the things we knew about it were true or just lies. Bitcoin isn't a get-rich-quick type of scheme that most people claim it to be, hence, people should avoid that high expectation which is to get rich and profit highly quickly. It takes time. It isn't an overnight process. Patience, effort, strategy, and trust are needed to hold so that in the future, we will be able to harvest everything we've sowed.

if someone says bitcoin is a scam, maybe people who say bitcoin is a scam, maybe they don't understand bitcoin, or maybe they are people who feel rivaled by the presence of bitcoin, because for me there is no reason to say bitcoin is a scam, because I know, if bitcoin is a scam, it's certain that bitcoin won't last long, and people definitely don't want to invest in bitcoin. But the proof is that bitcoin has been here for more than 11 years, and over time, many people have jumped into bitcoin, even the government. have adopted bitcoin..

If we are to assume that bitcoin is a scam (which it is not), we won’t still be able to know when it is going to end. Why? Because, you are not one of the scammers that owns it, they are the ones who would decide when they are to stop. If you have read about all these Ponzi scheme and the rest of them types of scams, you will come to know that some of those scams had to even run for years before people realized that they were scam.

And people only came to realize that, because the owners were not able to keep it going for long and then they get caught. So you can’t tell when it’s going to crash. But bitcoin is not a scam and it will never be.

If Bitcoin was a scam, it would have never grown this big, if it was considered a big scam, like a fake crypto, just imagine the amout of crypto and cryptocurrency itself won't be this big today, or if Bitcoin was a scam, Ethereum would have been the biggest cryptocurrency today, that's the simplest answer you can get if your speculation about Bitcoin is a scam.

How will Bitcoin be a scam and still top all other Cryptocurrencies? Some people are out there to poison the mind of Bitcoin Investors, so that they can panic and sell their bitcoin with the intention that Bitcoin is not legit. Which is a big lie, If Bitcoin is scam, can then did it gained popularity through out the world? Bitcoin is definitely a legitimate digital asset. It have been in existence for a long time, and it continue to grow.

This thread is all about "what if" and none of them are really saying that Bitcoin is a scam.

But I agree with what you're saying: it was already legit before it became a popular cryptocurrency, based on the chain and the people that invested in it. So it's quite unlikely that bitcoin will be a hoax right now, given its big bull run and the large number of people who have invested in it. If bitcoin is a scam then no one will ever try to develop projects like ETH right now and people will get to afraid and avoid cryptocurrency forever.

if indeed bitcoin is a scam then I don't think it will last long until now and not many people will want it. although there are many other profitable investments, bitcoin investment is still a coveted investment. Looking at the worst case scenario for bitcoin, we can see that the crypto market is up and down and that's a normal thing and it often happens in the crypto world, so we just need to be vigilant and careful. if we ourselves don't believe in bitcoin then how will we benefit from it, that's what I have in mind.

Its too late now to call bitcoin a scam. If anyone called bitcoin a scam in early days like 2012-2015, then people might believe in it, but now bitcoin is one of the major currency / asset of the world and no one can deny this.
After retail and institutions, now the countries are also adapting bitcoin. This shows major adoption in bitcoin.

I think it's just an expression or a sign of feeling tired and feeling hopeless with Bitcoin price fluctuations, which is actually still showing the best side at a certain time, let's turn this towards a more optimistic direction than having to lower optimism. Bitcoin is still heading and gives bright hope for humans towards a more advanced life

According to my millionaire friend, there's no such thing as legit in crypto currency. Read, study and learn, That's the best thing we can do before investing. Well, here in our country just 10% of the population believe in crypto, when I ask them let's invest in bitcoin all of them said Bitcoin is a scam. But in my mind Crypto is not a scam it's just you need to know how it works. Many in my country was scammed, it's because they invest in a person to do the thing, But betrayed them. That's why Bitcoin is a scam for people who don't know how crypto and trading works.

I see your impasse and not enough positive thinking to see the problem here, It is not clear. That's speculation without ideas. Ponzi or bitcoin bubble was an explosion that happened like an accident that non-believers couldn't witness what happens to bitcoin today.

What determines the price of BTC is the law of demand and supply. In addition, its price is also dependent on how people purchase it on the market. That is why, BTC has been associated as the new era's "digital gold" where people have been investing it for long-term.

The question is, is BTC a scam? I don't think so. With its price steadily increasing on the market and more establishments have been accepting it as an alternative currency, BTC won't be tagged as a scam anytime soon.

It was only reasonable for someone to believe Bitcoin was a rip-off. That's a normal reaction, especially for those who aren't familiar with the specifics.
They only perceive incorrect assumptions or news that is based on falsehoods, not on facts. Bitcoins, on the other hand, have proven to be an essential component of the cryptocurrency industry over time. and debunking public falsehoods about the bitcoin fraud The fact that bitcoin is still the world's most popular digital money is confirmation of this.

If anyone says bitcoin is a scam, then I just tell them to turn around and then I will kick off their as* and tell them to go to h***. It is my currency, and it is a currency for the world. It's financial freedom for me and for the world. It's an investment assest for me and for the investors. So what do you expect from the things that they provide? This is a thing for everything related to finance and for everyone. It does not matter which category, proffesion, or position you fall into. It's for everyone. So my dear friend, don't tell anyone it's a scam. because it's a thing that changed my life.

honestly I don't know how anyone on this earth would believe in something as nonsensical as saying that bitcoin is a scam when we see clearly how this project is a great genius, there are dozens of good projects in this crypto market that prove how this market is something fantastic. I currently don't hear anyone speaking ill of this market because hundreds of companies and the rich are already in this market because they saw the potential and legitimacy of this market.

Hysteria is the word in the worse case scenario of bitcoin being a “scam”. While it might take some folks 3- 8 months hypothetically to pull out their assets, the “skeptics" would never. They would rather buy more coins believing that it’s a hoax and it will end.

If its a scam its long gone from the point when the creator makes profit but as the years go by it is still standing strong. I never ever saw a scam that profits the victim.

Maybe you avoided the black book and didn't become a victim and bitcoin becomes your pride but many people are official victims, bitcoin becomes their disgust and condemnation, however this story is not the malice of bitcoin, bitcoin as well as a game by the developers, it is not meant to be a scam, it provides an environment, scam is the play of investors, they know the advantages and exploitation as well as the developer has randomly opened such a path. The scam is just a conflict in aspects and opinions, Bitcoin is only the broker in this conflict

It is launched about 11 years ago but still I don't hear any complaint of Bitcoin. It is trusted platform for investors. There are some scammers in Crypto Market who scam innocent users we can't say that Bitcoin is scam.

I don't see it as a scam.Bitcoin exist for how many years and there are proofs that it is good in gaining some profits in trading. I really don't see any reasons that bitcoin will be done someday because bitcoin is still popular until now.

if bitcoin was a scam wouldn't you think that by now people would haven't figured it out by now, if it was a scam wouldn't it creator has gone and used his coins to get profit from it at some point, now in the worst case scenario that i can think about that could bring bitcoin down is if all the countries come together and agree on banning it so all companies related to it would go out of business and its price would start to go down and people will start selling it until it crashes.

I love the game but assuming it was truly a scam
How long would it take to devaluate
If it was a scam how come the government never succeeded in banning it
If bitcoin was really a scam why are banks keep some reserve
If truely Bitcoin was a scam El salvador wouldn't have thought of making it a major legai tender.

Bitcoin is an eye opener to the revolution coming upon Earth space and it would really be absord if many even after the success bitcoin has achieved in just 11years of existence still lose of this opportunity

I have never thought about this problem, because Bitcoin has derived more products and can even form an ecosystem. If it is a scam, are so many super tech geeks and investment institutions in the world all fools?

If bitcoin was a scam (IT IS NOT) then it still would have not been the rage it is now. You would ask why. Well, it’s because the people who believed in it at the initial days and are earning huge amounts, would be the ones incurring huge losses, but they aren’t.

Are you making this bad news to buy at low prices? Many people talk like you but the BTC community is still going strong. As long as the trustworthiness of blockchain technology and its perks I'm not sure BTC will be a Scam. I think this is just the beginning, it will grow bigger. Mass adoption will make a transaction revolution. Just look at El Salvador, he dared to legalize BTC for payments, then there was news that Ukraine wanted to follow. That's one proof that more and more people believe in Bitcoin. So I don't agree BTC Scam

Not just that but also the fact that the long-term hodlers and people who have invested big money should've been duped by now because bitcoin was just an elaborate ploy to scam millions of people with their money.

if you say bitcoin is a scam, maybe bitcoin will explode from the first, from the beginning there may be someone who is at a loss, and no one will ever want to invest in bitcoin, but the proof is now bitcoin is very popular, and many companies have accept bitcoin, there are even countries that have legalized bitcoin, if someone says bitcoin is a scam, surely no one will believe it..

If someone says bitcoin is a scam right now, you can be sure that person has never known about bitcoin or has invested in bitcoin but has suffered huge losses.
Bitcoin or cryptocurrency has a big risk, therefore investing in Bitcoin must have basic understanding and knowledge about how to manage assets in crypto.
Everything can be a scam, depending on how they view it.

I don't think this sentence is true. Because of some people who thought that Bitcoin is scam doesn't mean Bitcoin is really scam. Bitcoin is best platform many people earn from Bitcoin it helps to many. See scamming is everywhere in every platform.

It's just a speculation game and anything could happen in cryptocurrency, even the professional bitcoin and cryptocurrency traders always warn us to invest money that we can afford to lose that means there are no guarantee that bitcoin could disappear anytime.
What if it's really happen, do we ready for that moment or we still rely our financial economic to bitcoin / cryptocurency ?
We all hope that won't happen but it's not bad to prepare the worst case

Why will you say bitcon is a scam, don't you think is funny you calling bitcoin a scam. Bitcoin have been in market since 2009 which as at then it worth less than a dollar today bitcoin is $47k if bitcoin is a scam do you think it will survive the market since then. Don't you see other coins which are unable to survive the market and they are not even scam coin. If bitcoin is a scam it will have been dead by now.

Bitcoin has never fooled anyone and has never scam anyone, but people can use bitcoin to fool others and deceive others in various ways. This is tantamount to abuse of bitcoin in illegal activities and ponzi investments. It is unnatural to blame bitcoin as an asset that should be held responsible for the lack of user knowledge and abuse by scammers. If anyone says it's a scam, then they really don't understand this technology properly. If there are, don't feed them.

No bitcoin will never be scammed, because bitcoin is now created big hype in the whole world ,and afte us dollar bitcoin is the second world most popular currency,and now there are many biggest multinational companies have been involved in the bitcoin so if anyone says bitcoin is scam it's sononsance.
And online world bitcoin is one of the most famous currency,and you can see near future the world Will be excepted bitcoin like ud dollar so no need to worry about bitcoin,and bitcoin is my most favourite currency for reading.

If it is scam then surely it's could be exposed years ago because we have too many postmortems which fail to prove bitcoin is scam its open source and anyone can check codes just because of this there is not backdoor on it. There are so many questions from different peoples about this, sadly most of them are not answerable but still it's OK because we have some better mind about this.

Purpose of bitcoin is very quick transfer of payments and with very fewer fees just because of this now we have too many new technologies and better things in life which are helping us in many fields.

The misuse of bitcoin which is used as a tool for fraud and systems, PONZi has been very often done by various groups of scammers. Such illegal activities will indeed have a bad impact on Bitcoin so that it will give a negative view of bitcoin to new users who do not fully understand the bitcoin network. or cryptocurrencies.
Until now, illegal practitioners who act in the name of bitcoin and use bitcoin as the main tool continue to emerge. ponzi projects, fraudulent investments etc all will be scams except Bitcoin.

People would really be having that misconception regarding on things that they are seeing specially to those who dont have much knowledge about Bitcoin which they would really be ending up on having that conclusion
that it is a scam generally without even realizing that it is just a tool on making out transactions and not the scam itself.

Its just a wrong or misconception on why there are these kind of rumors or telltales about bitcoin but once they do actually know even just on the basics of this market then they would surely
tell to themselves that they are really very wrong.

Cryptospace wont really make this big if Bitcoin was scam since from the beginning.

maybe because the market situation they are facing is different from the bitcoin market now. it's all because he made this thread in November 2020 which means the current state of the market is not better than now. I guess he regretted it after seeing the current market. Bitcoin will always be hype and people who say scams are people who fail to take profit of the crypto market

Easiest response to a fool suggesting Bitcoin is a scam would be to refute their argument citing any inflation crisis with any currency.

You can work out the math yourself with whatever inflation rate your country has, but generally speaking most central banks will target at 2 percent or more. So by virtue of retention, meaning saving all the money you have, you actually lose money by not spending it.

Your purchasing power can only go down, meaning the value of your money is higher today than it will be tomorrow, which is a built in function of any currency. Sounds unfair, right?

It's a natural thing that if you get better known, there will be a lot of shocks that will occur, that's a normal thing in business matters. Bitcoin is now increasingly known and there are even countries that have legalized it to be used as a legal and recognized currency, of course it sounds strange that there are still those who say that bitcoin is a scam.

whatever is said by people who are not directly related, will not make bitcoin go down, but instead will be more known and trade will increase, and those who benefit from bitcoin trading will be more and more.

If it is then also people invest to Bitcoin because in future we will go in digital currency ,maybe you don't know if bitcoin has been recognized as a commodity, like gold.  Bitcoin is not a scam but there are some people who use bitcoin for scam.  I am sure that in the future bitcoin will become more famous and more people are investing in bitcoin because large companies have started accepting bitcoin. So we are acknowledge about that but we not stop to invest Bitcoin .

;D ;D ;D Are you hoping that Bitcoin was a Scam? this seems like what those people that are against Bitcoin would want to think. OK, so we already know for a fact that it is not a Scam to trying to speculate and calculate how long it would take to get out is unattainable so it defeats the purpose of trying to assume what you know it's not.

Those who do not understand about the world of bitcoin do consider that bitcoin is a ponzi fraud whose process is not directly but which is done gradually, but the events that we see today the value of bitcoin is increasing every year, and those of us who already understand it always take advantage if there is a dump on the value of bitcoin, then before assessing something we certainly have to learn first how the performance in a system that we are doubting, Don't easily judge negatively first.

Can't imagine that, it seems impossible for now. We have 500 million bitcoin holders. It won't be easy, and all of us here already fully believe in the action of bitcoin which is often said to be a scam. It has survived until now. This proves bitcoin to be powerful as a business financial technology.

If bitcoin is a scam, bitcoin will not exist until now and gain trust from us. Bitcoin can not survive and the price will not be reached to $64k. No one will even use bitcoin after they know bitcoin is a scam and will leave it right away. Perhaps, we will not see bitcoin can give us profit instead of stealing our money. Bitcoin will have time to grow more than today and once that time comes, people will see that they are late to join in bitcoin.

Bitcoin is the most popular virtual currency of modern civilization. Why I would call Bitcoin a scam Depending on Bitcoin, I was able to pay for my education with my family support. So who am I in Bitcoin Recognize it as the most important turning point in my life.

A scam is probably not a suitable term for Bitcoin - there is no dishonest scheme with malicious intent from those who are behind the technology.

I don't think Bitcoin will collapse, but rather will lose its popularity. Now, Bitcoin is more of an asset than a currency, like a collectible. It is worth what other people are willing to pay for it. Like Beanie babies or fine art.

It has fundamental issues that make it difficult to be adapted as currency (those "issues" are seen as "advantages" by many). If Bitcoin proves difficult to be adopted by a large portion of population, it will start dwindling down until forgotten by most.

It will still be used for transactions that people want to keep hidden from the authorities. I'd speculate this will happen in 10-15 years.

Scam could only be tagged up into those activities that surrounds on bitcoin market on where it is been mainly used for those criminals on making use of its anonymity feature which it is really sad
but cant really be avoided this kind of reality on where people would really be taking some advantage on regarding with this but talking about bitcoin on being directly as a scam isnt really that
appropriate or doesnt really fit out because demand is there and you could see on how big the community is that do support this coin.

It is not directed at Bitcoin but...

Collectible vinyl records, Beanie Babies, comic books, Hess trucks, post stamps, Coca-Cola memorabilia, and many others once also were solid investments, some of which lasted for many decades.

Just because many people believe in something - doesn't mean it is always be around.

Bitcoin is definitely NOT a scam. There's no single entity behind it after all. With decentralization, everyone benefits in the long run. Those who say Bitcoin is a scam are nothing more than haters or people who don't understand what Bitcoin is all about. It's been 12 years since Bitcoin's inception, and it's still going strong as sound money anyone can use worldwide. Blockchain technology at its core is truly a work of art. How people make use of that technology is another story. Bitcoin may not be a scam, but it's possible to scam other people with it. What matters is decentralization and censorship-resistance. As long as Bitcoin stays true to its roots, it'll last a lifetime. Just my thoughts ;D

I remember way back in year 2018, it has similar topic like this in Bitcoin discussion. Since I was a newbie that time I did gave time to read each conversation to learn about Bitcoin and how it works. I believed that it was not l, that is why until now I am here. I might not be successful because there were times that I have to focus on my career plus this pandemic made it hard the most for workers like me to report to duty but still, I am still holding into my beliefs that Bitcoin is real and not a scam. Anyways, even though I stopped for a meanwhile in working with bitcoin, it let me experienced the rewards for my hard work for 2 year in doing so.. What did I do to those reward? Ofcourse, I shared it to my family and now that I have time and more energy to live, I'm here again! Alive and kicking and still believes that Bitcoin is not a Scam.

Bitcoin will not be a scam, this setting is not established! We cannot promote the impossible to affect everyone's mood. This is really bad. We should have enough confidence to hold Bitcoin. If you choose Bitcoin, you should trust him. It's not about researching hypotheses that don't make sense.

Love these threads waking up after a year of bullish moves. Bitcoin. When using it as a method of sending money, or value, I see it as less risky than others, cheaper, and less restrictive.

But instead of wondering if it's a scam or not, here's a simpler way to approach Bitcoin when looking at it as investment: assume it has as much chance to fail as it has to succeed, same like any other financial instrument. And unlike a conventional scam, there isn't one entity capable of pulling the rug out from under you, so you're actually diversifying your risk by choosing Bitcoin (in addition to other forms of investment).

Anyone can determine Bitcoin's future path by participating in a decentralized network without third-parties. How can people say Bitcoin is a scam this way? This is nothing more than an attempt to spread FUD in order to stifle Bitcoin's mainstream adoption. Believe me, those who say Bitcoin is a scam don't truly know what it's all about. Either they hate Bitcoin or simply don't understand how it works. Bitcoin's been doing fine even with mainstream criticism, largely because of its decentralized and censorship-resistant nature. As long as Bitcoin stays true to its roots, nothing else matters. Just my thoughts ;D

apart from that, there will certainly be many people who abuse their right of opinion when talking about speculation. it is true that there is no prohibition against this, but of course speculation must be accompanied by data and facts.
when they say it's a scam just because they saw a small correction happening today I don't think it makes sense to the results received during the increase from year to year.
when you look at the bitcoin chart in longer TF, it is clear from year to year that the increase continues to occur, then where is the scam? :)

Why would I declare Bitcoin a scam, Bitcoin is a popular virtual currency that has been used directly or indirectly in more than 100 countries around the world. Developed countries like the United States and Japan are bitcoin Coming up with recognition as an acceptable currency. In that case I will tell you how to declare Bitcoin a worthless iskam.

They are connecting it on scams that do happens in the market specially with those ponzi and other investment that do offer high returns and bitcoin was the main payment for those which means noobs could really have
that kind of normal expression on where tagging or generalizing that bitcoin is a scam.If it was indeed a scam in the first place then it wouldnt really last a decade and that alone proves out that
this is something not really that connected and just an online currency that had been used same as fiat but all of those frauds and scams do normally exist.

Well, it's all semantics if you want to call decentralisation a scam. And depending on your intentions and what you hope to gain from it, with implementation still in infancy and much to improve in many areas, like all experiments, social, mathematical, ideological, financial, it may or it may not work. If a scam in its simplest terms mean that BTC goes to zero, or in a more complex way, its creators never meant for it to succeed, then all these possibilities aren't non-existent. We all can believe what we want, but that doesn't make any possibility any more, or less, real.

It's a currency and can't really be a scam at all. Real money is just paper that people believe in and place value. If tomorrow everyone in the world agreed to forsake the dollar (it would of course not happen) then dollar would have no power since no one will accept it. The same can be said for gold, after all, it's just a stone that's very abundant and doesn't have that many actual practical uses. Same goes for other stones like diamonds or pearls. That's why bitcoin has so much potential since no one can really stop it.

Many newbies don't understand but bitcoin is not a scam but there are many ponzi schemes which are based on bitcoin and they are a scam. We should avoid those scam investment plans.
Investing directly in bitcoin is never a scam, rather it could be the best investment ever.

Noobs simply don't understand how Bitcoin works. Just because someone else scams people with Bitcoin, doesn't mean the cryptocurrency itself is a fraud. The same can be said about Fiat. Bitcoin empowers anyone to take control of their financial lives without restrictions or limitations whatsoever. It's decentralized, meaning no single entity or third-party can benefit from it. Everyone can have a say in the future direction of the project. Those who say Bitcoin is a scam are nothing more than haters or ignorant people who don't know what they're talking about. It doesn't matter what someone else says about Bitcoin, as long as it work as intended. The pioneer cryptocurrency has been doing fine since 2009, so it's likely it'll last for generations. As long as it stays true to its roots, we'll have nothing to worry about. Just my opinion :)

It's been well proven not to be a scam. I already wrote about it in my book, it's about meeting the qualifications of what a currency is. A unit of account, a medium of exchange and a store of value. One day far off in the future after trillions of the globe's currency supply is put online and stored. Sounds like something I would have said before but now it's possible. The question is will bitcoin be replaced. I don't think it will.

What's the point of saying this if I don't think so? At least during the time that I have been working in this industry, I was able to get quite a good result of work.

if bitcoin is a scam then why is it still around today and its still coveted by many people? That's because bitcoin can be trusted and can be used properly. let's say we have had failures from bitcoin investments, but that does not mean bitcoin itself is a scam. if we look at the development of bitcoin from its inception until now then we will know why the price of bitcoin is now getting higher and many new altcoins are popping up on the market, it's because at this time crypto is something that is profitable and also useful.

So it would be a good scam because I have been involved with Bitcoin since 2017 and to this day I have made a good profit  :P , although sometimes we lose if we trade Bitcoin when the market is volatile, but I never had such thoughts of thinking if Bitcoin was a scam just because of loss or anything else. People, we are scams, but Bitcoin is just a coin  ;)

No it is only your assumption and we will never partake of that Idea that bitcoin is a scam, but for the benefits of the discussion if this is a scam then it will be ended early than this year because for sure people will brightful mind will obviously find this out and will expose the reality of being scam.
but all we have here are only those pretending to be knowledgeable bringing Fud to bring the price down so they can buy with cheaper price.
meaning this is not a scam and will never be one.

This belief hinders me in the past to believe and invest in bitcoin back early days , because of this kind of News and some words from colleagues ? i once ignore investing in this market and that is the same as your thought.
But eventually when i get deeper and try to find more valuable knowledge? it comes out that what is scam? those people like you who spread this kind of beliefs , you are the one who hinders people around you to trust this market in invest inside.
in short? you are the reason why many people miss their chances to earn and collect their profit these days.

Only fools say boitcoin is a scam because now there are countries that have legalized bitcoin in their country and many people have invested in bitcoin for the future because they believe bitcoin can be used as an asset for the future, so now it has been proven that bitcoin is not a scam.

That is something we cannot predict. Even though Cryptos are going through bubble, it is difficult to predict how much it can inflate until it bursts? IMO I see it having a big dip before hitting the 100k mark. Let's hope I'm wrong and it goes straight to 100K before any dips :P

Currently even the fools have stopped talking nonsense that bitcoin Is scam, bitcoin is already being bought by hundreds of rich people, paypal accepted bitcoin, there are many banks that accepted bitcoin, there are governments that accepted bitcoin, only the SEC needs to accept bitcoin physical ETF for close once and for all any chance of some madman showing up to say bitcoin Is scam... in a few years this market, which was small, became a big market.

it's really hard to tell people who don't know the facts and the truth that already exists ,they don't know bitcoin will not live by itself nor will it walk alone to other places without the owner allowing it ,I think they dont even know what scam really mean LoL ,"bitcoin will never be a scam"

It isn't.

There will be those people that want to create an argument because they believe so with their fallacy on their minds.

It will be an unstoppable argument for them just to prove that they have a sense of argument.

if you say bitcoin is a scam then it can lead to a negative perception even though it is clearly wrong. bitcoin is not a scam and many people have proven it. it is difficult to give confidence to ordinary people about bitcoin especially with negative news like this. why until now there are still people who talk like that as if bitcoin is a scam. but I'm sure here and out there are many smart people and not easily provoked by things like this. bitcoin can not be owned by people who do not believe in bitcoin itself.

All scam projects have got someone at the receiving end which means, it exists within a centralized system and bitcoin have got non of these attributes. This fact about bitcoin lives me vague of imaginations as, i don't see an angle to look at it thT could promote the scam accusation towards it.

As such, threads like this are the type that I don't encourage so much as, it could promote some FUD to the litw minds who might be too quick to conclusions without looking at the context of it.

Bitcoin is no scam, have never been and would never be in the nearest or far future. Its self sustaining and would continue to change humanised the better.

Unlike it, because we live can not be separated from the pros and cons.
And they could say that, it does not mean they are stupid but they are sure of effort or indeed the activities they live and they do not like Bitcoin because they can disturb the electability of the business they run.
This is a wild argument for us when saying Bitcoin scam but we cannot forbid them (who don't like Bitcoin) say this because everyone is free to suggest their arguments.

Bitcoin can't be a scam based on some massive evidence we had experienced during pandemic that was collapsing some countries economy where bitcoin was seriously pumping to at the moment, show to the world that decentralized currency is cannot be a scam. Many bitcoin users have tested bitcoin in different ways of investment that makes many people to put full confidence on bitcoin that it can never be a scam in the community.
Assuming it's a scam many users would have drop out from bitcoin investment some years ago, Now that bitcoin has proved to the world it came to eliminate errors from transaction and also improve economy of any countries that make it legalized.

I don't think it's a bitcoin scam right now. This is just a made-up scenario, news about issues that aim to make bitcoin users panic and sell their assets, so the value of bitcoin goes down and those issuers will flock to buy bitcoins at low prices. So I think this is camouflage for people who have an interest. will bitcoins.

Maybe those who don't know can say that. At first I heard I didn't believe it either, but after learning and using eating it was all wrong. Bitcoin is a technology of the future. Bitcoin is a pioneer in blockchain technology that has developed and created various types of blockchain. I agree with you, it's just an ongoing process, they should look into more detail before saying it's not true. Currently several countries have legalized bitcoin and other types of crypto. This is a sign that trust in the blockchain world has grown rapidly.

This is so unrealistic. Bitcoin have gone too far to be or be tagged a scam. So many real world businesses and institutions are now accepting Bitcoin, being a scam at this point is impossible.
If for any reason Bitcoin turned out a scam, i think it will take a period of 1 month for people to fully abandon Bitcoin

If you think that Bitcoin is scam that left it brother. Don't promote it as a scam. Because in this way, more people like this currency. If this is a scam currency then why every country is adopting this currency as a payment method. This is a big question on your post

No let's NOT say it is a scam.
Fact is that BTC is NOT a scam and is becoming more and more widely accepted even by governments as a legitimate and legal thing. Scams are not regulated as they are illegal. Only legitimate financial things are regulated (and taxed).

Facts be facts, all discussion of this topic should have ended many many years ago...  ::)

this is a wild opinion aimed at undermining btc, and if i'm not mistaken there are several billionaires and some influencers who say this.
but maybe something like this I don't need to answer with long-winded arguments by explaining how bitcoin grew.
I think we just need to show the current value is enough to answer whether bitcoin is a scam or not. because if bitcoin is a scam the price will not be possible to reach $61k (when I last saw ).

Bitcoin itself isn’t a scam, but every financial system has its share of scam attempts: fake exchange, fake investment projects, mining scams, phishing. For this reason, it’s important to do a reaserch before you buy from an exchange or invest in a BTC project.

never that bitcoin will be scam because after more than 11 years , Bitcoin proves to be legit and even more profitable than anything in this world.
Give any chances that there is a place where you can invest and earn more than what Bitcoin can give?
hundreds of Hundreds of profit in a year of holding.
and also there are even Bigger companies that once denied the use of Bitcoin but now becomes investors?
is the what you called a scam?