Bitcoin Forum

bitcoin is a scam. when bitcoin prices are low, everything gets jacked up to like 80 bitcoins. when bitcoin is high, everything gets lowered to like 0.15. wtf is the point when you can use real money? wtf are you mining? did you literally buy a computer server for somebody else and think you're getting your money back when they give you like 5 bucks a month ahah.. good luck. what a bunch of bullshit.

Welcome to the illiquid market of bitcoin. You're up to come back in a few years when the market will become more liquid therefore more stable.

^ what guy one post above said.


Welcome to what is known as a "shallow pool" When the few whales in the market move, the whole pool moves. Put the whales in the ocean... Free market forces at play.

It is also a very young and quite immature market. There is no central point to bitcoin. It has a very strict set in stone concept, which offers some very unique properties to create a new financial instrument. You need to think about money and wealth differently.

As OP mentioned, 6 months ago you could buy something for a lot less bitcoin than today. Which is true... To a point, Go before that, prices were 98-115/btc. 12-14 months ago. So if you bought then and just didnt spend your coin, perhaps in this weekend price dip you bought a few more. and other people also bought small chunks of it. Some to use, some to save. Then the price goes up, however, if and when the mainstream adopts bitcoin, it will occur largely in the span of only 3-5 years. So yes perhaps rocky for a few years, perhaps certain disruptions to the economy based on how strong the currency is, but once that period is over and everyone knows how to use bitcoin, demand will kick in, and a new economy will be born... With MOST people not having any more than .0001btc...

In todays terms, OP makes a genuine point, to use dollars, however over the next few years or so, dollars may become less and less attractive as the world spins into hell.

plonk

You realize because you were too cowardly to post with your main account, your words mean nothing?   :-\

https://en.bitcoin.it/wiki/Myths

Bitcoin is far from being a scam it is accepted by major companies.

lol. i'm gonna troll the forum posting this as a reply to every post Vod. makes.

People are going to use the "Report to Moderator" link for the SPAM, and your account will be banned.   :-\

http://www.troll.me/images/angry-samuel-l-jackson/and-i-will-strike-down-upon-thee-with-great-vengeance-and-furious-anger-thumb.jpg

 ;)

The OP's word does not mean anything one way or another. What he is saying does not contain any logic. It is nothing more then a bunch a random sentences that do not even make any sense

Someone with a username "Dragonlord" sure sounds like a kid living in his mom's basement.

Gotta love this kinda thread.

the number of posts of this op (1) indicates to some extent the depth of his research into btc. It is plain nonsense imo what he has stated. it is true that very early adopters paid more btc for goods when the price was a few dollars or less. But if that was the going rate and you received your item that is not a "scam".  Similarly today because of the phenomenal increase in btc value as a currency you pay less but again if you receive your item its not a scam. mining including cloud mining is something every participant has to decide if the roi is suitable for them. Again its an individual choice to do it or not so that is not a scam either!.

Biggest bullshit post i've ever wasted my time reading.
Thanks, i will never get the 10 seconds of my life back it took me to read that.
Damn trolls.

“what a bunch of bullshit."

Only this  sentence is true。 ;D

Totally agree :D

I cannot believe people actually say these things anymore.

If by 'real money' you mean FIAT MONEY, then you are vulnerable to a hidden tax (ie, inflation). The government can simply print more fiat money and inflate away your wealth.

Obviously you know nothing about Bitcoin and you are just a fool.

This post, I just can't even...

I can't believe I just read that.

huh?? what?? this post gave me cancer.!!  :o

Yes, it is S-C-A-M  ;D

ಠ_ಠ ... I just read that?..

Wow, okay.

it sounds like people are frustrated. bitcoin is not a scam, but the people behind it all are doing. and I think it's reasonable. The bitcoin there are also political, and most politically earn big profits for themselves and dropping the opponent

Yes it is! Now get out while you can.  :-[

thank you for visiting us and warning us. what a noble gesture.

Every time this happens, any time something goes wrong we get a swarm of users coming in ( probably only a few people in reality lets be honest ) and they come along and spam about how we're all full of shit and Bitcoin is a scam blah blah blah. Then when the price goes back up, they vanish as well timed as they came along to rant, becoming notably quiet.

I have seen this pattern regarding:

. ASICs

. Scrypt Coins

. MTGOX

. Fake news articles regarding central banks banning Bitcoin

. This most recent price drop, I have yet to see the evidence regarding this one because there are multiple theories at the moment coming into conflict with each other

Come on guys, you aren't fooling anyone who actually knows about Bitcoin, so don't even try because you're just making yourselves look desperate :P The world hasn't ended, I can still comfortably use Bitcoin and 1 Bitcoin is still worth more than a dollar which is more than can be said for most paper money, not bad for a 'scam'.

Your informations are wrong, bitcoin is future

Doesnt mean it isnt bullshit...

I agree bitcoin is BULLSHIT, but what does that mean....

BTC is not a scam. any one  can have it, and can be traded freely in the whole world! If you didn't like it, you can sell it.if it's a scam,i meas,you can't easyly to sell it after you bought  it.

how can something that is free to use for everyone be a scam ?

how did you even find this forum?

the government is a scam, the bank is a scam! money is a scam!