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Author Topic: "If" Bitcoin as scam  (Read 6882 times)
bravehearth0319
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July 25, 2016, 04:10:04 PM
 #141

Well if ever that bitcoin will become scam,  I will still continue to invest it since I saw the inreasing value of it nowadays. And literally the structure of bitcoin actually was really a pyramiding structure.  But since mr. Nakamoto invented this kind of digital currency He teached many people here including me, for us to become a financially independent in online digital currency for us to have savings. Wink
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July 25, 2016, 05:18:09 PM
 #142

All he did was he created a currency and handed it out to people. How is it going to be a scam ? There is nothing hidden about it.
yes how can it be possible. i also dont think so. i think if it was scam then it will not stay for such a long time. but you can see that people are entering in the world of bitocin continuously and that is the proof that bitocin is not a scam. hope in future we will see that it has become legalize by the countries.
I hope so, but if it would be like that what will yo do?
Many people had a bad idea that bitcoin is a scam or may be ponzi scheme, this is not a truth, if so it can't be smart still now, bitcoin is a currency which gives us only profit.
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August 03, 2016, 08:30:17 AM
 #143

All he did was he created a currency and handed it out to people. How is it going to be a scam ? There is nothing hidden about it.
yes how can it be possible. i also dont think so. i think if it was scam then it will not stay for such a long time. but you can see that people are entering in the world of bitocin continuously and that is the proof that bitocin is not a scam. hope in future we will see that it has become legalize by the countries.
I hope so, but if it would be like that what will yo do?
Many people had a bad idea that bitcoin is a scam or may be ponzi scheme, this is not a truth, if so it can't be smart still now, bitcoin is a currency which gives us only profit.

So far, bitcoin is not a scam. The creator has not sold any of the coins. It is different from other scam coins.
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August 03, 2016, 09:41:30 AM
 #144

All he did was he created a currency and handed it out to people. How is it going to be a scam ? There is nothing hidden about it.
yes how can it be possible. i also dont think so. i think if it was scam then it will not stay for such a long time. but you can see that people are entering in the world of bitocin continuously and that is the proof that bitocin is not a scam. hope in future we will see that it has become legalize by the countries.
I hope so, but if it would be like that what will yo do?
Many people had a bad idea that bitcoin is a scam or may be ponzi scheme, this is not a truth, if so it can't be smart still now, bitcoin is a currency which gives us only profit.

So far, bitcoin is not a scam. The creator has not sold any of the coins. It is different from other scam coins.
Many  altcoin maker do a networking scheme coin .but honestly bitcoin is not one of them but if bitcoin price will decrease back to 1$ the trust of people using crypto currency will be gone only few people will stay. And it will hard for bitcoin to pump again .



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August 03, 2016, 09:47:43 AM
 #145

Well, many people are using bitcoin, and bitcoin I think has been reliable, even more countries begin to accept bitcoin as a means of transaction. Well, I can not imagine if bitcoin be a scam, probably a lot of people into unemployment again, and bereft of any business, perhaps they will return as a target adsense earnings
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August 03, 2016, 09:50:36 AM
 #146

Bitcoin Scam = The End of Cryptocurrency.

Tell me how will someone EVER trust again a cryptocurrency. With thousands of millions of $$ in total, Bitcoin's scam would be a big mess for all of us. Except the fact that we'd loose all we've got in our wallets, the Bitcoin miners would have to pay THOUSANDS of dollars for the month of the scam..

I don't totally trust BTC as it's basically just a number, but I do think it's legit.
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August 05, 2016, 06:54:12 PM
 #147

How if sathosi claim bitcoin as scam? How many your invest money to bitcoin? Are some dev altcoin will stay with their coin? Will sathosi go to jail after claimed it?
 

I don't think Mr. Satoshi Nakamoto will go to jail. Having a lots of money he can do anything for sure to be pardon. And for sure not all dev. will leave their coins.
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August 05, 2016, 07:26:52 PM
 #148

Bitcoin is a decentralized currency and all of its users are the owners of bitcoin not Satoshi, if satoshi claim that bitcoin is scam then it will have the same effect as a normal person claim , i mean will not have effect be on it, but if each and every user of bitcoin claim together that bitcoin is scam then there will be no one to adopt it and no one will face lose but only those users who claim for it to be scam.

By the way now it is impossible that someone claim tat bitcoin is scam. bitcoin is now a world currency.
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August 12, 2016, 08:27:25 PM
 #149

Bitcoin is a decentralized currency and all of its users are the owners of bitcoin not Satoshi, if satoshi claim that bitcoin is scam then it will have the same effect as a normal person claim , i mean will not have effect be on it, but if each and every user of bitcoin claim together that bitcoin is scam then there will be no one to adopt it and no one will face lose but only those users who claim for it to be scam.

By the way now it is impossible that someone claim tat bitcoin is scam. bitcoin is now a world currency.
But if satoshi claim like that and then sell all of her bictoin, is it not have any effect?

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August 12, 2016, 08:44:45 PM
 #150

All he did was he created a currency and handed it out to people. How is it going to be a scam ? There is nothing hidden about it.
yes how can it be possible. i also dont think so. i think if it was scam then it will not stay for such a long time. but you can see that people are entering in the world of bitocin continuously and that is the proof that bitocin is not a scam. hope in future we will see that it has become legalize by the countries.
I hope so, but if it would be like that what will yo do?
Many people had a bad idea that bitcoin is a scam or may be ponzi scheme, this is not a truth, if so it can't be smart still now, bitcoin is a currency which gives us only profit.
Right. Bitcoin is not just an easy website that offers you x% from you deposit. Thats ponzi schemes. Bitcoin has millions of users and bitcoins is used on many websites and it cant be a scam
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August 12, 2016, 08:48:05 PM
 #151

Bitcoin is decentralized currency, no one can control it, even satoshi can't doing so in my opinion. So it's pretty impossible that Bitcoin turn into scam , it's not an investment program but a real currency.
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August 12, 2016, 09:02:00 PM
 #152

That "if" is the main reason for me to not hold many bitcoins. I use bitcoin in many occasions and i like it but why would i trust bitcoin? I don't trust banks or governments too and what would make me to trust bitcoin? They say bitcoin is a threat to banking system, so i should convert my money to bitcoin. That may be true but still there is a one big "if". I don't trust anything but my eyes.

I will use bitcoin when i need it, same as always.

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August 13, 2016, 01:25:57 AM
 #153

Well in my opinion bitcoin cant be a scam, because its already make it debut and being used quite vast, and some country already adapt bitcoin, so in this case its impossible to declare bitcoin as a scam
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August 13, 2016, 02:57:42 AM
 #154

bitcoin might not scam. it is quite impossible. bitcoin is controlled by all parties and bitcoin is not owned by one person. bitcoin owned by everyone. and until whenever bitcoin would never scam.
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August 13, 2016, 03:07:51 AM
 #155

bitcoin might not scam. it is quite impossible. bitcoin is controlled by all parties and bitcoin is not owned by one person. bitcoin owned by everyone. and until whenever bitcoin would never scam.

Thats right, bitcoin is not controlled by one person even though he created bitcoin maybe he could do some changes but for him to stopped bitcoins state as of now is  really impossible to happen since it grows rapidly and  also very vast to stop it now.  Bitcoin could never be a scam as of today.

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August 13, 2016, 03:11:58 AM
 #156


For me it is not becoming problem because bitcoin and another cryptos coins are instrument of Investment. And on Investment there are risk, should every people who make Investment on bitcoin it is will not becoming problem too.
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August 13, 2016, 03:23:46 AM
 #157

bitcoin might not scam. it is quite impossible. bitcoin is controlled by all parties and bitcoin is not owned by one person. bitcoin owned by everyone. and until whenever bitcoin would never scam.
yes I agree with you. bitcoin is anonymous and can not be controlled. bitcoin possess unique properties compared to other investment media.
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August 13, 2016, 03:51:11 AM
 #158

Bitcoin Scam = The End of Cryptocurrency.

Tell me how will someone EVER trust again a cryptocurrency. With thousands of millions of $$ in total, Bitcoin's scam would be a big mess for all of us. Except the fact that we'd loose all we've got in our wallets, the Bitcoin miners would have to pay THOUSANDS of dollars for the month of the scam..

I don't totally trust BTC as it's basically just a number, but I do think it's legit.

Yeah, bitcoin is the biggest cryptocurrency for now, and if it turns out to be a scam, that will be the end of cryptocurrency. People would lose their faith to cryptocurrency and leave it, and cryptocurrency will hard to regain back. Even there might be other better cryptocurrency, but I don't think it will works.
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August 13, 2016, 04:25:58 AM
 #159

i think op is right he got a point if satoshi hacks someone 2-3btc and sold to in exchange do we will think it was someone else but he can have money like this and he will not even go to jail bit i know he will not do such things
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August 13, 2016, 05:34:58 AM
 #160

How if sathosi claim bitcoin as scam? How many your invest money to bitcoin? Are some dev altcoin will stay with their coin? Will sathosi go to jail after claimed it?
if satoshi claim bitcoin as scam then satoshi need to expalain and if bitcoin is scam why many people are still and kept using bitcoin as a currency for their investment , trading and gambling etc. bitcoin is the father of all alt coins if bitcoin died then i think some alt coin will died too bitcoin will never be scam as you think bitcoin will become popular someday and more country are going to unbanned bitcoin.
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