Daniel91
Legendary
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Activity: 3374
Merit: 1824
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June 13, 2016, 02:34:06 PM |
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Bitcoin isn't SCAM, definitely!
Why?
There is no owner of bitcoin, no bank or company etc.
It's just virtual currency based on revolutionary technology and there is no owner.
So, if nobody is owner or control it, you can't call it scam.
We all invest here with hope that bitcoin will be great success but it's our own decision, nobody forced us to invest here.
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lol1yatme
Member
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Activity: 200
Merit: 10
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June 15, 2016, 07:37:03 AM |
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If bitcoin was a scam, then we would not have seen it's growth in last 7 years. A ponzi may hardly survive for 7 weeks. Now a days a lot of ponzi could not survive even for 7 days. A scam may convince few people, but not possible more people from entire world.
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barbara44
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June 15, 2016, 07:40:34 AM |
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I think this not to commit fraud, because if Bitcoin SCAM. Bitcoin owner automatically will not have a big advantage, because all the sales site not under the auspices of the maker of the bitcoin Bitcoin. So this is just crap and are the people who are frustrated against the growth of an increasingly high bitcoin
How can it be scam as its market now is very high and most of the business runs in it ! By imagination if anything like scam, all investors will be left bankrupt with nothing and I know many people will commit suicide for sure !! |
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hyudien (OP)
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June 15, 2016, 09:16:10 AM |
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Bitcoin isn't SCAM, definitely!
Why?
There is no owner of bitcoin, no bank or company etc.
It's just virtual currency based on revolutionary technology and there is no owner.
So, if nobody is owner or control it, you can't call it scam.
We all invest here with hope that bitcoin will be great success but it's our own decision, nobody forced us to invest here.
Do you understand with my question? I don't claim or say bitcoin as scam. I ask if bitcoin as scam, may you will read my thread one more time, please |
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ObscureBean
Legendary
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Activity: 1148
Merit: 1000
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June 15, 2016, 09:40:50 AM |
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If Bitcoin turned out to be a scam the majority of people would just lose their money. That's actually a constant background uneasiness for a lot of people and businesses, what if Satoshi is just waiting for the right time to dump his 1 million coins? It's happened plenty of times with altcoins where the dev just dumps his share at the first chance he gets, crashing the market in the process. Unfortunately at this point there is no real way to defend against this (hypothetical?) threat. You just have to hope that if it does happen you're among the first to know, so you can sell your stash before the price drops to 0  |
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fkvidar
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June 15, 2016, 09:43:18 AM |
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I think this not to commit fraud, because if Bitcoin SCAM. Bitcoin owner automatically will not have a big advantage, because all the sales site not under the auspices of the maker of the bitcoin Bitcoin. So this is just crap and are the people who are frustrated against the growth of an increasingly high bitcoin
How can it be scam as its market now is very high and most of the business runs in it ! By imagination if anything like scam, all investors will be left bankrupt with nothing and I know many people will commit suicide for sure !! Very true, people have invested huge amount of money into bitcoin, and if bitcoin turns out to be scam then all of us would go crazy and would be begging on streets for food. |
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hyudien (OP)
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June 15, 2016, 09:45:40 AM |
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If Bitcoin turned out to be a scam the majority of people would just lose their money. That's actually a constant background uneasiness for a lot of people and businesses, what if Satoshi is just waiting for the right time to dump his 1 million coins? It's happened plenty of times with altcoins where the dev just dumps his share at the first chance he gets, crashing the market in the process. Unfortunately at this point there is no real way to defend against this (hypothetical?) threat. You just have to hope that if it does happen you're among the first to know, so you can sell your stash before the price drops to 0 Hahaha........ For now i just collect profit from it, if some day it will going to be scam i don't lost anything. |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
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ImHacked
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June 15, 2016, 09:47:14 AM |
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If bitcoin was or will be a scam.Then i can provably say that it would be the biggest scam of century.Since bitcoins now have market value.of $11Billion.Thats huge
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dearbesz1219
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June 15, 2016, 06:18:16 PM |
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no its not a scam,,,,certainly not, because many people in here are enjoying using it as currency. Bitcoin also changed a lot of things in different people in cryptocurrencies...  |
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peta4e
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June 15, 2016, 06:20:30 PM |
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If bitcoin was or will be a scam.Then i can provably say that it would be the biggest scam of century.Since bitcoins now have market value.of $11Billion.Thats huge
That's true but we all know that bitcoin is not a scam, its a genuine way to earn money and make some investment into it and if it would be scam it would not have survived this long. |
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Oilacris
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June 22, 2016, 06:57:48 AM |
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If bitcoin was or will be a scam.Then i can provably say that it would be the biggest scam of century.Since bitcoins now have market value.of $11Billion.Thats huge
That's true but we all know that bitcoin is not a scam, its a genuine way to earn money and make some investment into it and if it would be scam it would not have survived this long. I think the bitcoin was not created to make the creator rich. Even though he owns 1 million coins, he has not used it. |
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groll
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June 22, 2016, 08:43:20 AM |
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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?
It is impossible for satoshi to show up and claim bitcoin as a scam. Bitcoin as a scam is out of the issue, bitcoin has existed in the market more than 5 years and many people have already benefitted from the usefulness of bitcoin. Even if nakamoto satoshi will go out in the public and will tell all of us that bitcoin is a scam people will not mind it since bitcoin has spoken for itself since its existence. |
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Galiatram
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June 22, 2016, 09:33:10 AM |
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if bitcoin as scam what is the bitcoin is a scam we are all screwed because ther are allot of people with bitcoins not just a couple but there are more than 10 milion users.
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Xinarae
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June 22, 2016, 09:34:25 AM |
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It's too imposibble . Cause bitcoin choose better than another money. |
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Snorek
Legendary
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Activity: 1400
Merit: 1001
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June 22, 2016, 09:36:11 AM |
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If Satoshi (or whoever with the access to his private keys) will show someday and claim that +1 million of coins and then start to dump them resulting in market crash.
This will be probably the closest thing people could call a 'bitcoin scam'. But that action would be perfectly fine from a legal point of view anyway.
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hasiramasenju
Legendary
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Activity: 980
Merit: 1000
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June 22, 2016, 03:58:15 PM |
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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 bitcoin become scam i think many people will losing millions dollar of their money because between all of bitcoin users some of them be holders bitcoin and if it does really happened satoshi will not got in jail because till now people still looking for who is satoshi and does he really exist or not |
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Nevis
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June 22, 2016, 05:03:35 PM |
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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 the scam is bitcoin? I will not play bitcoin, but if I can ear a lot of money, I still play even if it is a scam, |
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Nevis
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June 22, 2016, 05:07:56 PM |
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It's too imposibble . Cause bitcoin choose better than another money. yah! you're right bro. bitcoin is impossible to be scams. because bitcoin made so much better than money. |
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KaliLinux
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June 22, 2016, 05:49:02 PM |
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It's too imposibble . Cause bitcoin choose better than another money. yah! you're right bro. bitcoin is impossible to be scams. because bitcoin made so much better than money. Yup, It never be a scam. Satoshi has created BTC and let the people to use. There is nothing illegal on this. I don't know what gonna reward whoever stops are hates BTC. |
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serjent05
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Activity: 2856
Merit: 1255
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June 22, 2016, 06:16:25 PM |
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I think if ever satoshi announced to the world that Bitcoin is a scam, won't affect the Bitcoin economy. Why? Reason is that Bitcoin economy were created without even knowing who satoshi is. So, when all of a sudden someone claiming to be Satoshi said that Bitcoin is a scam, Bitcoin community might think the one claiming to be Satoshi is a scam himself but not Bitcoin.
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