Bitcoin Forum

Economy => Trading Discussion => Topic started by: elmstreet on December 07, 2017, 11:24:45 AM



Title: Bitcoin has turned into a scam coin
Post by: elmstreet on December 07, 2017, 11:24:45 AM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit


Title: Re: Bitcoin has turned into a scam coin
Post by: Wittycoin on December 07, 2017, 11:38:55 AM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
I am sorry for that but you can not say that bitcoin is a scam just because of what you have experienced. Bitcoin is not a scam. 


Title: Re: Bitcoin has turned into a scam coin
Post by: kevoh on December 07, 2017, 11:43:34 AM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
The reasons you have given are not enough to call it a scam. Bitcoin's success and its shortcomings are the major reasons why all the other coins exist in the first place, so calling it a gimmick means the other coins are also gimmicks.

Exchanges getting hacked, banks also get robbed should we also blame the dollar for the banks getting robbed?  :-\


Title: Re: Bitcoin has turned into a scam coin
Post by: elmstreet on December 07, 2017, 12:17:10 PM
Bitcoin cannot be compared with Dollars The fact is that the big players are holding big chucks of bitcoin that can be dumped any time just do yourself a favor and find the Rich list on bitcoin you will see massive amount there The moment all those are sold bitcoin will not be more then 1000 usd or even less The Goverment is launching Bitcoin Futures to get the most out of bitcoin so the goverment can control massive chucks of bitcoin and then they can do anything with it They can kill it yes offcourse as they are very much wanting to control bitcoin from a long time ITS A BIG CONSPIRACY therefore it will be the goverment that will have the decentralized rights on the cryptocurrency Bitcoin futures will actually KILL BITCOIN  . This is the main moment where goverment will have massive amount of bitcoins and manipulate it heavily.
Bitcoin Futures will not only centralized bitcoin but it will also start taxing bitcoin The whole motive here of decentralization has failed.
People are speculating that bitcoin will eventually become digital gold and litecoin will become a cryptocurrency.. There are things that we need to think right now. I don't even think what we started as decentralization movement against goverment has just been similar to a Pump and Dump
Pumped the idea of Decentralization and dumped to become centralized.


Title: Re: Bitcoin has turned into a scam coin
Post by: filharvey on December 07, 2017, 12:22:34 PM
Bitcoin's price is surging high due to wall street companies entering it and the very high media exposure its getting nowadays.

I don't know which sites have problem in sending and receiving bitcoins.

Exchanges getting hacked could not be mentioned as a problem of bitcoin.If only bitcoins in our wallet gets hacked,we could see it as a serious issue.

With lightning network soon to be activated,all the transaction problems would get solved.


Title: Re: Bitcoin has turned into a scam coin
Post by: BobBct on December 07, 2017, 12:32:30 PM
BITCOIN is NOT a scam coin, The reason is BTC is very very bullish and there is NO proof that BTC is a scam! Yes, there's a bit of people who are making BTC to MLM.

But i think the reason you made this is because your part of a bank or you knew BTC since it started and you thought it is rigged and scam until now. It's your choice if you don't want to be rich.


Title: Re: Bitcoin has turned into a scam coin
Post by: elmstreet on December 07, 2017, 12:38:33 PM
BITCOIN is NOT a scam coin, The reason is BTC is very very bullish and there is NO proof that BTC is a scam! Yes, there's a bit of people who are making BTC to MLM.

But i think the reason you made this is because your part of a bank or you knew BTC since it started and you thought it is rigged and scam until now. It's your choice if you don't want to be rich.
Everything that has happenned looks a scam Firstly the bitcoin is all popular for its decentralization if the decentralization is wiped off bitcoin then who will want to use it and wait several days to receive their GOLD.. It has a problem and the problem in their outdated source has never been able to retrieve And making it now a centralized currency has made bitcoin a failure in terms of its aspects what it promised to be..
I am not buying the idea of thinking it will become 1 million USD when the main motive has been wiped off bitcoin what remains is the cover of a new technology that happens to have issues REST FAILS


Title: Re: Bitcoin has turned into a scam coin
Post by: chris200x9 on December 07, 2017, 01:18:13 PM
No one forced you to buy bitcoins and it up to an individual because it is their hard earned money so they can decide where they want to invest.

But I don't think that Governments can control these bitcoins because not everyone going to sell so that one or two guys can control bitcoin prices. Now there are plenty of people are holding bitcoins. Since prices went up a lot so we can expect some correction in short-term after all those new features launches.


Title: Re: Bitcoin has turned into a scam coin
Post by: DaMut on December 07, 2017, 01:20:12 PM
i do not think so mate,
because of the jam you said Bitcoin turned into scam coin while basically it did not take anything from you.
the transaction very slow due to traffic and of course the fees itself.
i sent a quite many Bitcoin lately using 100.000 satoshi and i got this for only around 2 hours or less than that.
it's all about the transaction fees and the traffic itself not because of 'Ponzi' or something like that.

many exchanges get hacked,
so what is the relation between Bitcoin and them ?
it's their mistake and their problem with their security not because of Bitcoin.
they get hacked due to hold a lot of Bitcoins in their wallets,
because of that the hacker targeting their system to get a lot of money in return.
it has nothing to do with Bitcoin at all.

yeah there're a lot of coins that can be used to send our money fast,
they fast because not many people use it unlike Bitcoin.
if we're using it,and there're no place to encash it in our local exchanges or international exchanges does that mean it's a scam coin?
because it has zero value.
so it's all about viewer perspective and for me i disagree with your comment


Title: Re: Bitcoin has turned into a scam coin
Post by: hasmukh_rawal on December 07, 2017, 01:20:19 PM
Everything that has happenned looks a scam Firstly the bitcoin is all popular for its decentralization if the decentralization is wiped off bitcoin then who will want to use it and wait several days to receive their GOLD.. It has a problem and the problem in their outdated source has never been able to retrieve And making it now a centralized currency has made bitcoin a failure in terms of its aspects what it promised to be..
I am not buying the idea of thinking it will become 1 million USD when the main motive has been wiped off bitcoin what remains is the cover of a new technology that happens to have issues REST FAILS
Did I just read that right or were you really calling BTC a centralized currency. Who says that Bitcoin transactions are taking over 24 hours ? You should put enough fees to make the transactions done on time. You can call high fees an issue but not delayed transactions as that depends on the amount of fees you put on for the transaction.
For example : you can't just put 10 sats per byte as the fee and wait for your transaction to be confirmed within minutes. I just did a transaction last night and it was done by when I woke up.
The increase in price of BTC is becuase many big investors are buying BTC these days and the fact that supply is limited to 21 million BTC is surging the price more than it should. Stop calling BTC a scam and do a proper research. I do accept that are issues with BTC but then they can be solved with proper attention and support from people.


Title: Re: Bitcoin has turned into a scam coin
Post by: EinWert on December 07, 2017, 01:26:49 PM
I like analitics like you. You dont have any information, but you can say what gonna happen. Lol


Title: Re: Bitcoin has turned into a scam coin
Post by: Memenya on December 07, 2017, 01:32:34 PM
I am sorry for that but you can not say that bitcoin is a scam just because of what you have experienced. Bitcoin is not a scam. 

Correct, anybody can not blame bitcoin as scam just because small thing like this. Its happen because so many transaction are waiting due to many people are using that platform.


Title: Re: Bitcoin has turned into a scam coin
Post by: Mattia92 on December 07, 2017, 01:32:47 PM
I guess you opened this topic just beacuse you blame yourself you didn't buy BTC in time and now it's the best asset. And if it's a scam, don't buy it, leave it to us!


Title: Re: Bitcoin has turned into a scam coin
Post by: Aura on December 07, 2017, 01:36:12 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
Bitcoin is not a scam coin, it's actually the first crypto coin that was created that made use of a blockchain. It's the technique that every other altcoin uses to make their currency decentralized. If you think that Bitcoin is a shitcoin, then you shouldn't use any other coin because these are just copies of Bitcoin. Yes it's true that Bitcoin faces scalability issues but Bitcoin developers have found a solution for it, which currently being developed called the 'Lightning network'. Although you're not right about the altcoins being better because these coins don't have to handle the extreme amount of transactions Bitcoin has. Some coins might have increased the block-size but that doesn't really solve the problem permanently, it's just a way to handle the current flood of transactions temporary. This increase also brings side-effects with it, like more centralization which is basically the opposite of what Satoshi intended his currency to be.


Title: Re: Bitcoin has turned into a scam coin
Post by: TIDOVEE on December 07, 2017, 01:42:19 PM
it is not bitcoin itself that turned into any scam coin, bitcoin cannot hack anyone but people hack bitcoin users account. bitcoin is attractive to hackers, thats why they want it and wouldn't want to do the needful andf i their coveteousness hack bitcoin accounts.


Title: Re: Bitcoin has turned into a scam coin
Post by: TravelMug on December 07, 2017, 01:45:18 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit

LOL. Are you trying to scare us and not to get bitcoin? Or are you butthurt that you are late getting into bitcoin. How can it be a scam when its been with us for almost a decade now? I agree that transaction are very slow but it can't be the only reason for calling it a scam.

Just go back to your altcoins and enjoy the fastest transaction you can have. But there's no doubt that people are going into bitcoin because of profit. If you don't like profit then what are you doing here? This is a bitcoin forum, then why hate it? I'm sure that you are one paid schill to create FUD here.


Title: Re: Bitcoin has turned into a scam coin
Post by: RenaiSHITechnology on December 07, 2017, 01:46:03 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit

I agree with you.
It ll switch to a better technology,
Some of Atlcoins are better


Title: Re: Bitcoin has turned into a scam coin
Post by: supermine on December 07, 2017, 01:51:16 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit

Bitcoin transactions maybe slow due to more number of pending transactions but it will be resolved in a day or two,so it is not a good reason to say it is a scam coin,if you think it is scam just stop using bitcoins.Bitcoins price is reaching new high due to the upcoming fork so all the people are selling their altcoin to buy bitcoin which causes demand for bitcoin.
I never faced any problem with bitcoin exchanges and wallets,if your wallet being hacked you need to keep your bitcoins in a software or hardware wallet then it is impossible to hack your wallet.


Title: Re: Bitcoin has turned into a scam coin
Post by: bitcoinking11 on December 07, 2017, 01:59:16 PM
It is not a scam coin. But recent upward trend is quite unnatural. Within a month or two, it has gone from 3k-4k to 15k. Nobody expected such an abnormal growth.


Title: Re: Bitcoin has turned into a scam coin
Post by: eternalgloom on December 07, 2017, 01:59:36 PM
Everybody should start using segwit addresses, you'd pay a lot less fees that way.
Also, hopefully lightning network will come pretty soon, then we'll pay even less fees than we are with just segwit addresses.

There are a couple of wallets that support segwit, though I don't think any mobile wallets do yet (IOS & Android) But correct me if I'm wrong.

Here's a short video about using segwit addresses:
https://www.youtube.com/watch?v=hlFcgbeuHQM (Title: Bitcoin SegWit Transaction Fees Are Low!)


Title: Re: Bitcoin has turned into a scam coin
Post by: pantek talacuik on December 07, 2017, 02:00:48 PM
why you can think bitcoin is a scam. if you are having difficulty in beta transaction instead of bitcoin it is fraud. it can happen because there are obstacles like expensive bitcoin make everyone very much to do transaction. and if many people betransaksi certainly difficult for us to make transactions.


Title: Re: Bitcoin has turned into a scam coin
Post by: mjglqw on December 07, 2017, 02:16:07 PM
You clearly just simply don't know what a "scam" and "ponzi scheme" is. No one is forcing you to buy and or invest in bitcoin, you decided for yourself. Also, how are exchanges getting hacked the fault of bitcoin? Guess what! Banks have been robbed in the past too! Does it mean that fiat is a scam? NOPE! It doesn't sound like you understand the basics of bitcoin either. There are many other coins which has faster transactions? Why are you here then? Go hop on to those coins then!


Title: Re: Bitcoin has turned into a scam coin
Post by: shezu007 on December 07, 2017, 04:05:35 PM
Bitcoin's cost is surging high because of divider road organizations entering it and the high media introduction its getting these days.
I don't know which locales have issue in sending and accepting bitcoins.
Trades getting hacked couldn't be specified as an issue of bitcoin.If just bitcoins in our wallet gets hacked,we could consider it to be a difficult issue.
With lightning system destined to be activated,all the exchange issues would get illuminated.


Title: Re: Bitcoin has turned into a scam coin
Post by: Souldream on December 07, 2017, 04:22:34 PM
why you can think bitcoin is a scam. if you are having difficulty in beta transaction instead of bitcoin it is fraud. it can happen because there are obstacles like expensive bitcoin make everyone very much to do transaction. and if many people betransaksi certainly difficult for us to make transactions.

What? Really bitcoin is scam? How come? In my 3 years of actively participating and trading I didn't found out that bitcoin is a scam. Maybe they only had found those scam or not legit groups or pages in online world that they choose to join with. Maybe they didn't make a massve research about bitcoin and they easily just believe for what they readvon some articles. And above all of these unlegit pages is the spread of people telling false news about bitcoin.


Title: Re: Bitcoin has turned into a scam coin
Post by: KesoNie on December 07, 2017, 04:33:39 PM
You clearly just simply don't know what a "scam" and "ponzi scheme" is. No one is forcing you to buy and or invest in bitcoin, you decided for yourself. Also, how are exchanges getting hacked the fault of bitcoin? Guess what! Banks have been robbed in the past too! Does it mean that fiat is a scam? NOPE! It doesn't sound like you understand the basics of bitcoin either. There are many other coins which has faster transactions? Why are you here then? Go hop on to those coins then!
Definitely, what my insight about what others perception regarding bitcoin is they have lack of knowledge of what bitcoin is. Maybe they don't know about the market strategy, maybe they didn't know that it's price are consistently varying anytime. And for the issue that they proclaim bitcoin is a scam, i font think so because its true that no kne forced them to buy bitcoin.


Title: Re: Bitcoin has turned into a scam coin
Post by: Traslavin on December 07, 2017, 04:38:48 PM
You clearly just simply don't know what a "scam" and "ponzi scheme" is. No one is forcing you to buy and or invest in bitcoin, you decided for yourself. Also, how are exchanges getting hacked the fault of bitcoin? Guess what! Banks have been robbed in the past too! Does it mean that fiat is a scam? NOPE! It doesn't sound like you understand the basics of bitcoin either. There are many other coins which has faster transactions? Why are you here then? Go hop on to those coins then!
Definitely, what my insight about what others perception regarding bitcoin is they have lack of knowledge of what bitcoin is. Maybe they don't know about the market strategy, maybe they didn't know that it's price are consistently varying anytime. And for the issue that they proclaim bitcoin is a scam, i font think so because its true that no kne forced them to buy bitcoin.
For whatsoever people says about bitcoin it didn't change in my mind set that bitcoin is a legit matter to me even our government didn't recognize it as legit or not. But talking bitcoin has turned as a scam coin i am puzzled with this news? But as what my ftiend told me the source of the news are not legit so i wouldnt believe it, bitcoin is not a scam!


Title: Re: Bitcoin has turned into a scam coin
Post by: bribed on December 07, 2017, 04:50:09 PM
What you say about the exchanges is true, its terrible to trade at the moment. I stepped away from trading at the moment, it has no point for me. I also think that the price of Bitcoin is artificially created. This is not an organic growth, this is just pumping too hard. I definitely dislike the priceride. However, Bitcoin is no scam coin!


Title: Re: Bitcoin has turned into a scam coin
Post by: bamboylee on December 07, 2017, 04:52:40 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit

That is your opinion. You are free to dump your bitcoins as you wish if you really think that bitcoin is a scam. There are lots of people here willing to take it out of your hand.

We cannot deny that bitcoin has big problems on confirmation time and transaction fees. It has been a lingering problem since the volume of users started to come up (sometimes just scam tx bloating the mempool). It is a problem the devs should solve. But it is definitely not a scam.


Title: Re: Bitcoin has turned into a scam coin
Post by: ReLieD on December 07, 2017, 04:58:11 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
You are just complaining because of the transaction time !? Dude don't you understand that people have gone crazy and they want to completely utilize their btc now because of its price. You just just call something a scam just like that or you don't know what scam is . Bitcoin is the world's best Cryotocurrency and no stupid aligations would affect it.


Title: Re: Bitcoin has turned into a scam coin
Post by: Rana590 on December 07, 2017, 05:11:44 PM
Bitcoin is not a scam coin till now. It has a lot of user and popularity. It is not enough to call Bitcoin as scam coin. Price can be up or down. But right that it is not so good such kind of increasing. Hope Bitcoin will last.


Title: Re: Bitcoin has turned into a scam coin
Post by: btcjocan on December 07, 2017, 06:41:51 PM
Bitcoin is not a scam coin till now. It has a lot of user and popularity. It is not enough to call Bitcoin as scam coin. Price can be up or down. But right that it is not so good such kind of increasing. Hope Bitcoin will last.


Definitely bitcoin isn't a scam because if it is a scam, then many investors nowadays are reporting because they were deceived. But as you can see, there's no investors claiming that they were scammed in bitcoin. Same as you I am also hoping that bitcoin will last because it helps us a lot.


Title: Re: Bitcoin has turned into a scam coin
Post by: robliu88 on December 07, 2017, 06:58:58 PM
The high volatility of this market doesn't make it a scam. It separates the good investors from the scared


Title: Re: Bitcoin has turned into a scam coin
Post by: weredo911 on December 07, 2017, 07:39:32 PM
haha. you should be calm down. The demand of Bitcoin is too high now, and you know why. After the hard forks, everything will be better.


Title: Re: Bitcoin has turned into a scam coin
Post by: Dodoymabs on December 07, 2017, 08:58:13 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
Your not the only one experiencing this kind of technical issue. Never judge btc that it is a scam just because of this recent problem. Just be patience and everything will be fine. This problem has occurred due to increasingly high demand of transaction.


Title: Re: Bitcoin has turned into a scam coin
Post by: bribed on December 07, 2017, 08:59:37 PM
haha. you should be calm down. The demand of Bitcoin is too high now, and you know why. After the hard forks, everything will be better.

Demand for BTC is huge nowadays, thats true. However what makes you think that after the hard forks people will stop buying Bitcoin and things will settle? Would be happy if you evaluate it, because I dont really understand the impact that those hardforks have on Bitcoin.


Title: Re: Bitcoin has turned into a scam coin
Post by: poplolnman on December 07, 2017, 09:27:07 PM
You clearly just simply don't know what a "scam" and "ponzi scheme" is. No one is forcing you to buy and or invest in bitcoin, you decided for yourself. Also, how are exchanges getting hacked the fault of bitcoin? Guess what! Banks have been robbed in the past too! Does it mean that fiat is a scam? NOPE! It doesn't sound like you understand the basics of bitcoin either. There are many other coins which has faster transactions? Why are you here then? Go hop on to those coins then!
I think he just expressed a disappointment, he should make a lot of money but instead get something that what he expected, he simply blame the Bitcoin network that indeed it's very slow confirming the transaction especially a huge amount one even with high fee , he just throw that words emotionally I believe and that's reasonable too.


Title: Re: Bitcoin has turned into a scam coin
Post by: GirlBitcoin on December 07, 2017, 09:34:32 PM
I think you are feeling anxious when bitcoin is constantly rising and reaching new heights. I can understand this is the normal psychology of investors when new entrants into the crypto market. But you will find that this is the true value of bitcoin.


Title: Re: Bitcoin has turned into a scam coin
Post by: Theb on December 07, 2017, 09:41:42 PM
Wow a "shit coin" that is worth 15500$ is really a big statement. Judging bitcoin based on its transaction speed is kinda a bad way to judge Bitcoin because Bitcoin has a lot to offer and obviously a lot of people are in need of sending and receiving Bitcoin that is why the transfers slowed down. And why will it be a scam coin if you will still receive your Bitcoin just not at the speed that you wanted. Obviously right now you are feeling mad as you have expected your Bitcoins to early. Maybe trying one of those Transaction Accelerators can help you.


Title: Re: Bitcoin has turned into a scam coin
Post by: Dart18 on December 07, 2017, 09:44:21 PM
A good way to take out the anger. Yes post it here.

But that doesnt mean everyone will believe you.
It takes a lot of proof just so you could prove it is a scam.
If you have a bad experience then it is not just you. It also happened to many of us here. But that doesnt mean we will stop.
Take it for experience them get over it and make it as a lesson.


Title: Re: Bitcoin has turned into a scam coin
Post by: batang_bitcoin on December 07, 2017, 11:23:18 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
What are those altcoins that you are trying to say that has the fastest transactions eh? Bitcoin isn't a scam but bitconnect is a ponzi scheme and they are two different coins right? Is this the first time that you experience network congestion for transactions? It happened before but it was doubled today. Everyone is transacting and riding with the increase of bitcoin before it's too late. And with those altcoins that you are trying to say, once they are also crowded they'll experience this too.


Title: Re: Bitcoin has turned into a scam coin
Post by: adaseb on December 07, 2017, 11:33:10 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit

I am seeing these posts everywhere. All over Reddit and other forums as well.

I honestly think that these people sold their BTC at like $1500 at the beginning of 2017 and wanted to buy back at $500 and it never happened and they missed out.

Spreading nothing but FUD after FUD.


Title: Re: Bitcoin has turned into a scam coin
Post by: Oni89 on December 07, 2017, 11:35:08 PM
Bitcoin is not a scam lol.Its been dominating the cryptoworld for years to be called a scam.Yes the current rise of its value is quite unnatural but to be called as such is ridiculous.


Title: Re: Bitcoin has turned into a scam coin
Post by: Domenc on December 07, 2017, 11:55:52 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit

Only, few hours ago price was at 15550 USD and at this time Bitcoin has crossed 17100 USD. All these things have put Bitcoin under many question, like such a tremendous growth is taking place and will it survive or burst. All the things which used to happen in alt coin like pumping and dumping might take place in Bitcoin. But bitcoin cannot be called into a scam coin, a scam coin is where developers turn their back and run away with the money but in the case of Bitcoin it is completely decentralized and cannot be turned down until all the miners work for Bitcoin.


Title: Re: Bitcoin has turned into a scam coin
Post by: JTEN18 on December 08, 2017, 12:27:28 AM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit

Only, few hours ago price was at 15550 USD and at this time Bitcoin has crossed 17100 USD. All these things have put Bitcoin under many question, like such a tremendous growth is taking place and will it survive or burst. All the things which used to happen in alt coin like pumping and dumping might take place in Bitcoin. But bitcoin cannot be called into a scam coin, a scam coin is where developers turn their back and run away with the money but in the case of Bitcoin it is completely decentralized and cannot be turned down until all the miners work for Bitcoin.
It cannot really, the rise of its price is due to many reasons of course because a lot of demands nowadays as people are now hooked with this kind of crypto. Because the price is really high doesn't mean that bitcoin is a scam it is not an accurate reason to accuse like that, if it is a scam for sure is not existing now.


Title: Re: Bitcoin has turned into a scam coin
Post by: Coin12 on December 08, 2017, 12:48:17 AM
Bitcoin is high volatile. Everybody know that before you enter this world of cryptocurrency.
I kmow the price movement is a bit strange. More than 40% a day now.
But at least we understand that bitcoin is high volatile so it is normal and dont blame bitcoin with such word of "scam".


Title: Re: Bitcoin has turned into a scam coin
Post by: spring07 on December 08, 2017, 01:21:22 AM
Mate trust me, BITCOIN is not a scam and can never be a scam. You better accept this fact.


Title: Re: Bitcoin has turned into a scam coin
Post by: ruthbabe on December 08, 2017, 01:39:42 AM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit

I strongly disagree with you that Bitcoin has turned into a scam coin. If its price continues to soar it's because lot people are adopting and investing in it every day. Bitcoin has nothing to do with those exchanges that are being hacked and those scams websites that use the name Bitcoin. This is only Bitcoin site that I know, https://bitcoin.org/en/

"Bitcoin is extremely secure, using dual-sided cryptography for each transaction, and there is also only a finite amount ever in existence", https://www.express.co.uk/finance/city/874249/bitcoin-price-record-high-why-is-bitcoin-rising-BTC-value


Title: Re: Bitcoin has turned into a scam coin
Post by: Granxis on December 08, 2017, 04:08:27 PM
Bitcoin is high volatile. Everybody know that before you enter this world of cryptocurrency.
I kmow the price movement is a bit strange. More than 40% a day now.
But at least we understand that bitcoin is high volatile so it is normal and dont blame bitcoin with such word of "scam".
Certainly Bitcoin is not a scam, it has already proven you are not scam. There were people who blamed Bitcoin for balloons, I was very angry with them, but now I give them rights. Because Bitcoin is now out of its reach, everyone gets Bitcoin to make money without getting tired.


Title: Re: Bitcoin has turned into a scam coin
Post by: FrueGreads on December 08, 2017, 05:25:57 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit

If you want to sent bitcoin faster, just select higher fees in order to get it on the first or second block and you should be fine. Of course that you must be prepared to pay high fees in order to get priority, but if it is urgent then it might be worth it. Also don't forget that the number of outputs also influences the fees you pay, so you must take that into consideration.

As for the trades, I don't know what you are talking about. As far as I know, when you are trading you are not really making transactions, otherwise exchanges would be paying huge amount of fees, and that wouldn't work. I'm sure they keep the transaction internal, and they only make real transactions when they really need to. So if you are blocked it's not because of the bitcoin network, and the problem should be on the side of the exchange.

As for hacks, they happen all the time and on a lot of areas. Of course bitcoin exchanges are very attractive for hackers, because there is a lot of money there, but the reports on big exchanges being hacked has been quite small these days.

I don't know were all this bitcoin rage is coming from, but I think you should reconsider what you are saying, because if you think well, you can't support any of the accusations you made.


Title: Re: Bitcoin has turned into a scam coin
Post by: Dudeperfect on December 08, 2017, 05:34:10 PM
I can understand your pain but understand that things are yet in the development phase and not a fine product at this point but since more and more people are realising the potential of it, they are pouting their money in it with the expectations of earning multifold returns for their investment. Even you know that Bitcoin is not a Ponzi scheme and how it works so it's better to keep calm wait for the development. I am not underestimating the alt-coins but blaming Bitcoin just for the sake of alt-coins is not a good idea in my opinion.


Title: Re: Bitcoin has turned into a scam coin
Post by: btcone111 on December 08, 2017, 06:12:05 PM
Well I think it's a little bit extreme to say BTC is a scam coin.
BTC needs improvement I think  we all agree. As a community we should stay close together and stand behind BTC to encourage positive developments.


Title: Re: Bitcoin has turned into a scam coin
Post by: aardvark15 on December 08, 2017, 06:39:59 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit

I donít think Bitcoin is a scam but I agree about the transaction times. I have one unconfirmed for more than a day so I am frustrated about that too. They will eventually get confirmed. Sometimes itís slower than others. Iíve said in the past that Bitcoin needs to get this figured out or Bitcoin could level off in price and other altcoins that have faster transaction times and lower fees could pass Bitcoin in market cap. I think Bitcoin could still be worth a lot as just a store of value.


Title: Re: Bitcoin has turned into a scam coin
Post by: Hasvak K on December 08, 2017, 06:46:25 PM
There are no tested and working solution for scalibity issue without compromising security of the network. Bitcoins still has the best tech and developers.


Title: Re: Bitcoin has turned into a scam coin
Post by: JoyofCrypto on December 08, 2017, 06:49:15 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
If any other coin would get the same daily volume is bitcoin is getting it would face the same problems. Exchanges getting hacked isn't bitcoins fault, it's exchanges fault. And didn't anybody tell you to keep your coins safe, inside a wallet?


Title: Re: Bitcoin has turned into a scam coin
Post by: arpon11 on December 08, 2017, 06:57:05 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
I bought Bitcoin today and the transaction was confirmed immediately! I disagree with you, calling bitcoin a ponzi scheme as you may not have read bitcoin's white paper to know what Bitcoin stand for. I have been reading comments from those that have little knowledge on how bitcoin works and the way to trade it successfully and one thing that I have find out is that " They did not know the price that has been paid by Bitcoin enthusiasts in other to put bitcoin's image at were it is today" I think ponzi schemes are those investment platform that does not normally last more than a year and scaming sites has a link from the beneficiary But bitcoin has proof not to be any of this.


Title: Re: Bitcoin has turned into a scam coin
Post by: Quidat on December 08, 2017, 07:06:26 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
Its not a scam coin and how you can say such thing? Transactions are rising and the the price is rising up high too. Its normal for which there are lots of people making transactions. After all these years bitcoin still remain strong and i dont know whats up on your mind why you do said that bitcoin has turn into scam coin.lol. and also can you point out recent exchange that have been hacked?


Title: Re: Bitcoin has turned into a scam coin
Post by: Drnice on December 08, 2017, 07:16:05 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit

Bitcoin has been in existence for over 8 years now and has survived and is still surviving. So, if you call it a scam or ponzi scheme, no one who has invested into it for the last 2-3 years that held their coins till this year/now will say that bitcoin is a scam. OP, Your view has no point to make/call bitcoin a scam.


Title: Re: Bitcoin has turned into a scam coin
Post by: Greendays on December 08, 2017, 08:02:51 PM
Really frustrating sometimes.. it is all and every thing is good in bitcoin except the transection time. Still i wonder this coin has a system. So the transection time may also affect the magical process of bitcoin.. maybe.. just asumming..


Title: Re: Bitcoin has turned into a scam coin
Post by: Inkdatar on December 08, 2017, 08:47:07 PM
Really frustrating sometimes.. it is all and every thing is good in bitcoin except the transection time. Still i wonder this coin has a system. So the transection time may also affect the magical process of bitcoin.. maybe.. just asumming..
This is the problem about bitcoin transactions too long sometimes it took more than 48 hours to confirm the transactions. Also, the fees are huge when sending, when the price of bitcoin skyrocket problem do exists and did'nt get resolved. But we cannot say it is scam bitcoin exists still.


Title: Re: Bitcoin has turned into a scam coin
Post by: taktik on December 08, 2017, 09:09:59 PM
Really frustrating sometimes.. it is all and every thing is good in bitcoin except the transection time. Still i wonder this coin has a system. So the transection time may also affect the magical process of bitcoin.. maybe.. just asumming..
This is the problem about bitcoin transactions too long sometimes it took more than 48 hours to confirm the transactions. Also, the fees are huge when sending, when the price of bitcoin skyrocket problem do exists and did'nt get resolved. But we cannot say it is scam bitcoin exists still.
maybe the long term of the transaction depends on the amount of Bitcoin? if I recently spent quite a few coins, the transactions lasted only two or three hours.


Title: Re: Bitcoin has turned into a scam coin
Post by: light22man on December 08, 2017, 10:15:10 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
You reasons doesn't proof anything.
Quote
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
Ability to trade doesn't depend from transaction speed. When you trade on exchange you don't move your bitcoin.
Quote
Exchangers Being Hacked Many sites having problem sending and receiving bitcoins
If exchanges  being hacked - its problem of the central exchanges and their security  but not currency.
You dont understand at all  how bitcoin work. Bitcoin it's not just currency or technology, it's much more on it.


Title: Re: Bitcoin has turned into a scam coin
Post by: 4better on December 08, 2017, 10:24:33 PM
I don't think bitcoin has turned into a scam. That may be the way you see it but I don't see it that way. Very, very few people are into this scam thoughts and I'm just glad I'm not one of them.


Title: Re: Bitcoin has turned into a scam coin
Post by: dissgo on December 09, 2017, 12:12:22 PM
you can't say bitcoin is scam or sh*tcoin by what the problem you faced.
because the fact is bitcoin getting bullish and people who don't know what it was before and even government and almost all of media expose about bitcoin, then it's volatile in short.
that's what makes the network traffic been high.
So, if you want to be the priority one, you need to send your bitcoin with higher fee.


Title: Re: Bitcoin has turned into a scam coin
Post by: duyduc256 on December 09, 2017, 01:04:23 PM
If Bitcoin is a fraud, Bitcoin prices have increased in the past few days. I think Bitcoin is of international interest and I am sure that Bitcoin will soon be legalized around the world by 2020 because people will trust Bitcoin more.


Title: Re: Bitcoin has turned into a scam coin
Post by: JTEN18 on December 09, 2017, 01:34:49 PM
If Bitcoin is a fraud, Bitcoin prices have increased in the past few days. I think Bitcoin is of international interest and I am sure that Bitcoin will soon be legalized around the world by 2020 because people will trust Bitcoin more.
that is right if it is really a scam or faud the owner of this can have the chance to take away all the btc that we have right not. But now for sure all our doubts had gone cause it proves enough that bitcoin is stable enough. We are also aiming here in our country that bitcoin would be legalize soon.


Title: Re: Bitcoin has turned into a scam coin
Post by: hisuka on December 09, 2017, 02:00:37 PM
I don't think bitcoin has turned into a scam. That may be the way you see it but I don't see it that way. Very, very few people are into this scam thoughts and I'm just glad I'm not one of them.
Bitcoin is not a scam though there are problem encountered during this moment of bitcoin at a peak price. But doesnt mean it is a scam coin. Yes Im also not one of those who thinks btc is scam, but people thinking of its a scam just because of this many issues encountered. So hope this will resolved immediately.


Title: Re: Bitcoin has turned into a scam coin
Post by: Shamburis on December 09, 2017, 02:41:34 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
as far as i'm concern i don't even hear about that bitcoin is scam coin and that this is all gimmick.                             Maybe sometimes there are troubles in bitcoin. Maybe the way you see it that bitcoin is scam and there is people that they thought that this is scam and I'm glad that I'm not one of them.


Title: Re: Bitcoin has turned into a scam coin
Post by: Md.Esamul Haque on December 09, 2017, 02:45:05 PM
Bitcoin isn't a trick coin, it's really the primary crypto coin that was made that made utilization of a blockchain. The strategy each other altcoin uses to make their money decentralized. On the off chance that you surmise that Bitcoin is a shitcoin, at that point you shouldn't utilize some other coin in light of the fact that these are simply duplicates of Bitcoin. Indeed it's actual that Bitcoin faces adaptability issues yet Bitcoin designers have discovered an answer for it, which right now being produced called the 'Lightning system'. In spite of the fact that you're wrong about the altcoins being better on the grounds that these coins don't need to deal with the extraordinary measure of exchanges Bitcoin has. A few coins may have expanded the piece measure however that doesn't generally take care of the issue for all time, it's only an approach to deal with the present surge of exchanges brief. This expansion likewise carries symptoms with it, similar to more centralization which is essentially the opposite Satoshi proposed his money to be.


Title: Re: Bitcoin has turned into a scam coin
Post by: cryptoblue on December 09, 2017, 03:15:12 PM
No, not yet. It has not turned into a scam coin. But we have seen unnatural growth in recent months. We may see correction soon.


Title: Re: Bitcoin has turned into a scam coin
Post by: krayzie32 on December 09, 2017, 03:36:23 PM
No, not yet. It has not turned into a scam coin. But we have seen unnatural growth in recent months. We may see correction soon.
Yes, it just a pump now. As you know, there is much good news recently, so it makes the demand for Bitcoin increase. Now, the market is adjusting and the price has reduced to $15000


Title: Re: Bitcoin has turned into a scam coin
Post by: CrowdFunder on December 09, 2017, 03:40:32 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit

It's not a scam but you are right the network congestion is ridiculous, we need 2 mb blocks to hold it over until offchain solutions can be reliably developped. Ethereum is similarly congested and also needs a boost in block size (gas limit per block) until PoS or other solutions to merge multiple transactions into 1.


Title: Re: Bitcoin has turned into a scam coin
Post by: albermaze on December 09, 2017, 04:37:03 PM
It's not a scam. But it seems that it is overvalued and we will see it's real price till the spring. Moreover, it seems that bitcoin has lost for what it was designed for... It is look like nobody uses bitcoin for transactions but only as an assert to hold with the aim to gain value. Yes, we see a high demand on it, but the main function of money is to serve for transactions but not to store value....


Title: Re: Bitcoin has turned into a scam coin
Post by: bribed on December 09, 2017, 04:38:01 PM
It's not a scam but you are right the network congestion is ridiculous, we need 2 mb blocks to hold it over until offchain solutions can be reliably developped. Ethereum is similarly congested and also needs a boost in block size (gas limit per block) until PoS or other solutions to merge multiple transactions into 1.

I think you are right here. The accusations the OP makes are not the case, it looks more like personal frustration. I agree that there are huge scalability issues on both blockchains that have to be addressed by the devs, as we are heading towards mainstream adoption this should be the number one concern.

On the other hand I think that the latest surge of BTC was insane, the price seems out of control and like nobody can predict where we are heading. The huge swings we see daily are showing this quite nicely. Im really curious where we will stand pricewise at the end of this month.


Title: Re: Bitcoin has turned into a scam coin
Post by: hitrawal91 on December 09, 2017, 06:52:09 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit

Just because you are having some issues with bitcoin or you have some bad experience with bitcoin doesn't prove the bitcoin as a scam coin. You need to have a strong and valid reason for making this kind of statement. Maybe your problem might be because of some other reasons and bitcoin is not responsible for any kind of hacking of sites. Anyways the big bull run by the bitcoin is being supported by the big corporate players and professional traders as they all are expecting a good future in bitcoin.


Title: Re: Bitcoin has turned into a scam coin
Post by: filharvey on December 10, 2017, 06:40:05 AM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
Since bitcoin's price is very high,most people are trying to sell their bitcoins at once and this has temporarily led to congestion in transactions.It would get solved soon.Exchanges get hacked very rarely and it is always advised not to store bitcoins in exchange wallet.Bitcoin could be in no way blamed for that.When lighting network gets activated,transactions would get confirmed quickly.


Title: Re: Bitcoin has turned into a scam coin
Post by: polymerbatt on December 10, 2017, 07:02:33 AM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit

What are you talking about lol, the price of bitcoin is going down right now. Are you happy now? The bitcoin price is reach 15550 USD before is not because of shady thing or Ponzi like you said, it's all about hold, demand and "whale" of course. It seems you hate bitcoin so much lol


Title: Re: Bitcoin has turned into a scam coin
Post by: vhiancs on December 10, 2017, 10:01:54 AM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
the transaction takes an 24 hours because of the excessive number of transactions, you can not complain because you are not the only person experiencing such a delay. so how do you say that the bitcoin currency turn into a scam? if the problem is a slow transaction.


Title: Re: Bitcoin has turned into a scam coin
Post by: bitfocus on December 10, 2017, 10:06:26 AM
Banks get robbed, accounts get hacked and people become the victim of Ransome - and it's happening since the dark age. and you need to help yourself to get at least basics of crypto, the blockchain, investment, and Bitcoin. No one forces you to buy Bitcoin, no one forces you to invest in Bitcoin, if you make any tragic case of losing your savings - well, it's really up to you.


Title: Re: Bitcoin has turned into a scam coin
Post by: Valzzz005 on December 10, 2017, 10:23:55 AM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit

When the bitcoins became tbis much expensive in the market a lot of things happen bad things actually because of those people who wants to comitt bad things. I do not know why they do that shame on them. Yes the butcoins price now are falling because of them they are ruining the price of the bitcoins. And those transactions it become worst we cannot do anything but to wait for untill the problem will be resolved because are just an ordinary users so we cannot do anthing but compain about it. I am thinking quitting bitcoins after i get my loss.


Title: Re: Bitcoin has turned into a scam coin
Post by: tibor on December 10, 2017, 11:52:12 AM
If we go to a technical analysis where we see that the bitcoin structure is old fashioned because the size of the blocks, then I would recommend to buy bitcoin cash and im a fan of it, but since when the stock markets are racional?


Title: Re: Bitcoin has turned into a scam coin
Post by: malikusama on December 10, 2017, 01:18:07 PM
I strongly disagree, you are clearly targeting the whole network by pointing rare problems occurring nowadays. Not every transaction needs 24 hours to confirm, some are having problems due to low fee or other reasons.
So in this way we should shut all online payment systems like online banking because hackers can hack them, don't forget that it is more secure than online banking system. Yes many coins have fast transaction rate but those coins are not widely used as bitcoin is being used all over the world having maximum number of the users.


Title: Re: Bitcoin has turned into a scam coin
Post by: eddyhalim on December 10, 2017, 01:37:51 PM
i dont agree with your idea, we can still using bitcoin until nowadays and we still bitcoin is developing in blockchain platform, providing us more convinient and fast transactions, and it is an investment for anybody have brave enough to get money from cryptocurrencies.


Title: Re: Bitcoin has turned into a scam coin
Post by: classictv613 on December 10, 2017, 01:42:58 PM
This thread has gotten a little dramatic. This really shouldn't be a discussion. Bitcoin is not a scam, just a method of of currency, just like any other currency. With the difference being no physical Bitcoin exists.


Title: Re: Bitcoin has turned into a scam coin
Post by: KaliLinux on December 10, 2017, 02:42:44 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
Do not try to show this as a SCAM. There might be a hackers but it's not the thing bitcoin is worse. Just like if any one stole your own fiat currency and saying bad about fiat instead of theif. So exchanges might be unsecure. Lets see the problem
It's really worst to hear about delay in trasactions. You need to think about the fluctuation and its not permanent to down always because it was low in trend.
As you see right now its driving up to hit $15k again. It touched almost as per preev.com


Title: Re: Bitcoin has turned into a scam coin
Post by: Fatunad on December 10, 2017, 02:50:33 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
Do not try to show this as a SCAM. There might be a hackers but it's not the thing bitcoin is worse. Just like if any one stole your own fiat currency and saying bad about fiat instead of theif. So exchanges might be unsecure. Lets see the problem
It's really worst to hear about delay in trasactions. You need to think about the fluctuation and its not permanent to down always because it was low in trend.
As you see right now its driving up to hit $15k again. It touched almost as per preev.com

He takes all the blame generally into bitcoin with just seeing on the situation of those hacking incidents and with its volatile price which isnt really right to blame it as a scam coin.It do really matter on exchange security why they are being hacked and bitcoin has nothing to do with it and its normal for hackers or criminal minds to took illegal action just to take those bitcoin knowing that it do have high value. Even on fiat cases this thing do really happen.


Title: Re: Bitcoin has turned into a scam coin
Post by: eaLiTy on December 10, 2017, 04:25:11 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
The price of bitcoin is increasing and the network delay is bigger,are you trading for the first time,when ever the price of bitcoin rises the number of transactions increases and the network becomes congested because of that and it takes a long time to get a single confirmation and the transaction charges are usually higher,if you are getting your coins from the exchanges why does anyone move the coin to other location,they can trade directly without moving their coins,if you are looking for cheap and fast transaction and not valuations,look for dogecoin and other small coins with unlimited coins. :P


Title: Re: Bitcoin has turned into a scam coin
Post by: Hassan02 on December 10, 2017, 04:32:38 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
Do not try to show this as a SCAM. There might be a hackers but it's not the thing bitcoin is worse. Just like if any one stole your own fiat currency and saying bad about fiat instead of theif. So exchanges might be unsecure. Lets see the problem
It's really worst to hear about delay in trasactions. You need to think about the fluctuation and its not permanent to down always because it was low in trend.
As you see right now its driving up to hit $15k again. It touched almost as per preev.com

He takes all the blame generally into bitcoin with just seeing on the situation of those hacking incidents and with its volatile price which isnt really right to blame it as a scam coin.It do really matter on exchange security why they are being hacked and bitcoin has nothing to do with it and its normal for hackers or criminal minds to took illegal action just to take those bitcoin knowing that it do have high value. Even on fiat cases this thing do really happen.
this kind of scenario are very common , but this is not a reason to say that bitcoin is a scam i thought that it was not a scam cause if this was a scam why  a lot of people take this currency and believe, and yet what really the thing that was been being so annoying about bitcoin is the hackers only so dont be fall on that n just because of being scammed for.


Title: Re: Bitcoin has turned into a scam coin
Post by: adiksau0414 on December 10, 2017, 04:41:18 PM
We hear your sentiments. But it doesn't provide A good basis that bitcoin is a scam or as you what it called shit coins. Basically, through congestion and traffic in the blockchain, thats why its having a hard time to distribute or send bitcoins to where it supposed to be. You are just having you impatience ran into you, thats why you think bitcoin is a scam. I think you also like bitcoin deep inside, you are just worried in the possible upcome of all the transactions or rather the increase/decrease in value of bitcoin. We all been to that stage, because we want to have profit in what we invested to. Just calm down.


Title: Re: Bitcoin has turned into a scam coin
Post by: Idrisu on December 10, 2017, 06:28:32 PM
Bitcoin cannot be a scam coins and I think we need to have little patience as this networks conjunction problems should be resolved and that is why we are advocating for scaling as the network is too narrow and a lot of demand for bitcoin currently. We should know that there is no human system that is perfect and bitcoin is one of those systems and if we term every thing a scams then all human system are scams. Bitcoin has proven to most of its haters that it is not a scams and the more you guys attack it the more acceptability it get.


Title: Re: Bitcoin has turned into a scam coin
Post by: anitaraymonds on December 10, 2017, 07:21:02 PM
If scam can last for more than 10yrs and people are still partaken in it, then the scam is a genuine scam. The scam that has changed the way transaction are carried in the business world.


Title: Re: Bitcoin has turned into a scam coin
Post by: fullhdpixel on December 11, 2017, 10:38:55 AM
Mate trust me, BITCOIN is not a scam and can never be a scam. You better accept this fact.
Donít worry there are always some parties who donít wish to see a fame of some particular thing. Right in this case, bitcoin is being affected with such roamers and notorious news. Every other day we listen some stupidity about bitcoin and then after a time that would be disappear. This is one the block from that chain and this will come to an end with in a week. Just relax.


Title: Re: Bitcoin has turned into a scam coin
Post by: ivanst776 on December 11, 2017, 11:58:13 AM
No, not yet. It has not turned into a scam coin. But we have seen unnatural growth in recent months. We may see correction soon.
Do you really consider bitcoin price as a problem. Like if the prices are getting higher more and more than do you believe this is unnatural and it is harmful? No, it is not like that. I must say there are better facts that can be used as an evidence in this case. Bitcoin is not scam, and it will never be, rather bitcoin is getting famous and people are getting into this world. It seems so nice.


Title: Re: Bitcoin has turned into a scam coin
Post by: bsetyawan on December 11, 2017, 12:37:53 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
the most bullshit word in the world :D how much you know about bitcoin? it's just a normal error


Title: Re: Bitcoin has turned into a scam coin
Post by: GregH37 on December 11, 2017, 12:54:37 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
You were mistaken in your statements. The currency itself has absolutely nothing with the cases of exchanges that have been hacked or left the air without giving any explanation, much less this loss of values when sending or receiving that are normally diverted by the exchange itself.

Already the case of the delays in the transactions can be happening to you because you are not putting the fee of agreement. Until today since the btc data traffic rose never happened from any of my caisse transactions in limbo.


Title: Re: Bitcoin has turned into a scam coin
Post by: syaripudin on December 11, 2017, 01:28:20 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
I think this is just a panic you feel with a very significant rise in bitcoin price so you give an assumption as you say that bitcoin is a scam. and you say it without being accompanied by a pact that can convince us all especially bitcoin holders and I do not understand why you say bitcoin is a scam but in fact we all know bitcoin is the very first crypto currency that ever existed and of course as the icon of altcoin bitcoin will be able to overcome all the problems that will surely happen. and about what you have said about the site you think has a problem in a bitcoin submission this I do not really understand about which site you are referring to. so why do not you explain in detail about a site that you mean if you have bad experience on the delivery of bitcoin with one of the sites you use should you question is about the problems that exist on the site and of course the point is not a problem on bitcoin but that is on the site you are using.


Title: Re: Bitcoin has turned into a scam coin
Post by: -Redacted- on December 11, 2017, 03:34:03 PM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit

It's obvious that this hype works well if people still believe in this currency  ::)


Title: Re: Bitcoin has turned into a scam coin
Post by: stan_almighty1 on December 11, 2017, 07:47:26 PM
I don't know where you get this ideal from but it looks bullshit to me, since the moment bitcoin has reached to 15k$.


Title: Re: Bitcoin has turned into a scam coin
Post by: nidacoinlove on December 11, 2017, 08:21:00 PM
No, not yet. It has not turned into a scam coin. But we have seen unnatural growth in recent months. We may see correction soon.
Do you really consider bitcoin price as a problem. Like if the prices are getting higher more and more than do you believe this is unnatural and it is harmful? No, it is not like that. I must say there are better facts that can be used as an evidence in this case. Bitcoin is not scam, and it will never be, rather bitcoin is getting famous and people are getting into this world. It seems so nice.
I don't know why people call it a scam? We have news about bitcoin popularity from various news channels like BBC, CNN, FOX news, CNBC, DW and many more highly reputed news agencies. The news reports of all these news channels proves that people are after bitcoin, which is the only strength of bitcoin. The demand for it currently is higher than ever before that forces price graph to go high.
Sometime you may feel this abrupt price growth freaky but if you look at how crazy people are for bitcoin, it will make you understand why is price going high.


Title: Re: Bitcoin has turned into a scam coin
Post by: shan05 on December 11, 2017, 11:18:33 PM
If it is a scam, maybe no one will buy btc anymore and no one will say they have profited from it. If you have that experience,  then you cannot say that bitcoin is all scam. Every person in the community has different experiences about 1st trading and holding of cryptocurrency. Maybe yours was just not that lucky.


Title: Re: Bitcoin has turned into a scam coin
Post by: hastag_80 on December 12, 2017, 02:22:24 AM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit

This is only your speculation ,but for us bitcoin is real and not a fonzi or fraud,its give's us a lot of help  in our daily needs specialy in trading of investment.bitcoins is give a profit to us and not a scam coin as what you definitly accused and this is not a gimmick.people in this bitcoin community is always buy and sell there investment trading because they trusted so much in bitcoin legacy to grow  its fame in the world of cryptocurrency.


Title: Re: Bitcoin has turned into a scam coin
Post by: santieevanz on December 12, 2017, 03:06:53 AM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
If bitcoin turned into a scam coin then it won't achieve it's value now. Do you know the bitcoin's value today? It reached $16,975.22 which means that it is getting more popular and company keeps on investing due to its capabilities of having a high value in the next 5 years. Those people who said that bitcoin is a scam are those people who never experienced and doesn't have enough knowledge about it.


Title: Re: Bitcoin has turned into a scam coin
Post by: mharz on December 12, 2017, 04:53:59 AM
I strongly disagree, you are clearly targeting the whole network by pointing rare problems occurring nowadays. Not every transaction needs 24 hours to confirm, some are having problems due to low fee or other reasons.
So in this way we should shut all online payment systems like online banking because hackers can hack them, don't forget that it is more secure than online banking system. Yes many coins have fast transaction rate but those coins are not widely used as bitcoin is being used all over the world having maximum number of the users.
Like you I was disagree because bitcoin is strongly legit, if you notice more people are wants to have this coin due to continues increasing of their value. Moreover they want to have this bitcoin because this coin is also a good investment. Otherwise due to good rates of bitcoin in the market more huge capitalist and investors are encourage to invest this coin.

I'm sure that even how long bitcoin runs in the crypto currency community this coin will not be turned into scam.


Title: Re: Bitcoin has turned into a scam coin
Post by: MidKnight on December 12, 2017, 07:45:52 AM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit


Why are you blaming bitcoin for a hack incident in exchanges when you can use reputable ones? And remember that there's a massive fomo so there's so much transactions going on. And just like you said, there are many coins out there so leave btc alone.


Title: Re: Bitcoin has turned into a scam coin
Post by: Sleepy18 on December 12, 2017, 07:57:12 AM
For me, my opinion is that bitcoin is a cryptocurrency that changes the style of whole industry when it comes to market and our lifestyle. Many of the investment site on the internet are ponzi scheme which will give you high return of investment but in few days will be out on the internet. If you experience this, my friend me too thats why we need to be more careful in investing. We should do a lot of research and specially we should take risk that we can afford so that we wont be miserable what ever happens. Its not bad if we have too many question and i wont judge you if you will criticize them because you need to earn trust!


Title: Re: Bitcoin has turned into a scam coin
Post by: justdimin on December 14, 2017, 06:06:43 PM
BITCOIN is NOT a scam coin, The reason is BTC is very very bullish and there is NO proof that BTC is a scam! Yes, there's a bit of people who are making BTC to MLM.

But i think the reason you made this is because your part of a bank or you knew BTC since it started and you thought it is rigged and scam until now. It's your choice if you don't want to be rich.
Everything that has happenned looks a scam Firstly the bitcoin is all popular for its decentralization if the decentralization is wiped off bitcoin then who will want to use it and wait several days to receive their GOLD.. It has a problem and the problem in their outdated source has never been able to retrieve And making it now a centralized currency has made bitcoin a failure in terms of its aspects what it promised to be..
I am not buying the idea of thinking it will become 1 million USD when the main motive has been wiped off bitcoin what remains is the cover of a new technology that happens to have issues REST FAILS
It totally seems you have no idea of a single thing you are saying. What has made bitcoin centralized ? What has bitcoin promised you right now that it is not fulfilling for you ? When you have been using you traditional system of banking, what has it done for you better than bitcoin ?

Also, I am sure you were one of those vouching for Ethereum, and I hope you have gotten your questions answered now.

The thing is that you may think some coins are quite better now, but you should consider the establishment first and the facts that they have not been used on a large scale before you even start judging and I really do not know why you are complaining, I am sure BCH has already given you an option you are looking for, so you might as well just shift base. Simple!


Title: Re: Bitcoin has turned into a scam coin
Post by: mheymhai19 on December 14, 2017, 06:10:42 PM
If bitcoin is really a scam, being scam is my new favorite activity because this scam coin your pointing has change my life so much in a good way.


Title: Re: Bitcoin has turned into a scam coin
Post by: Reatim on December 15, 2017, 04:08:30 AM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
The network is congested because bitcoin is gaining popularity, many people like you and me are doing transactions daily. But if you are in a hurry because you needed the money right away, then you should pay with the highest fees so that your transaction could be included in the next block. Problems solved. No name calling needed. Look at how the community reacts. I also have my transactions stuck in 3 days, causing me to lose money. But I didn't say that its a Ponzi or scam.

ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit
I would say that crypto is not for you mate. Go somewhere else and never come back. Or try altcoins, its been pumping lately and I'm sure they are all fast in terms of confirmations, or go to stock market. Let's see how will it go for you. And if it didn't work your way, call them scam or Ponzi as well. LOL.


Title: Re: Bitcoin has turned into a scam coin
Post by: naidray on December 15, 2017, 09:57:53 AM
BITCOIN is NOT a scam coin, The reason is BTC is very very bullish and there is NO proof that BTC is a scam! Yes, there's a bit of people who are making BTC to MLM.

But i think the reason you made this is because your part of a bank or you knew BTC since it started and you thought it is rigged and scam until now. It's your choice if you don't want to be rich.
There goes another one. Who are the people making BTC MLM? No one is turning bitcoin to a Ponzi, and if people are not able to understand that adoption is increasing hugely and the value is increasing as a result, then there is really nothing to tell them.

This is a world of choice, and no one is forcing anyone to make any decision, but for the fact that someone will just drop a statement that does not sound reasonable because of some tiny little experience that does not even suck as much as using a bank for international transaction, that is intolerable. OP can just switch to the likes of Ethereum that is battling scaling right now because of kittens.


Title: Re: Bitcoin has turned into a scam coin
Post by: streazight on December 15, 2017, 02:02:59 PM
Bitcoin's price is surging high due to wall street companies entering it and the very high media exposure its getting nowadays.

I don't know which sites have problem in sending and receiving bitcoins.

Exchanges getting hacked could not be mentioned as a problem of bitcoin.If only bitcoins in our wallet gets hacked,we could see it as a serious issue.

With lightning network soon to be activated,all the transaction problems would get solved.
I really wonder why people are explaining all these to this guy. If because an exchange is vulnerable enough to get hacked or someone is using a low level of security on their account to get it compromised.

Or because you have to send a transaction that requires you to wait a bit or send it with higher fee call bitcoin a scam, then I really wonder why you have not gone back to using PayPal or just tell anyone you want to send something to, to accept the coin of your choice.