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Author Topic: Can fake bitcoins be created?  (Read 13739 times)
isaac_clarke22
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November 10, 2017, 02:27:29 AM
 #401

I don't think Bitcoins can be tampered for its value and validity. If someone tries to make it, I think it might cause bug especially to the miners when they process a transaction.

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November 10, 2017, 02:29:56 AM
 #402

Its a virtual one.not that real money which is made of paper.how can you duplicate a virtial thing.and you cant make that blockchain

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November 10, 2017, 02:49:41 AM
 #403

Its a big NO, bitcoins are created with codes and it cannot be faked easily like making another one copy, you must be very genuis for you to create lines of codes that can be used to fake blockchain and I doubt it even satoshi itself cannot alter his own creation. 







            
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November 10, 2017, 02:51:38 AM
 #404

We can never make another bitcoin so in short no one can fake it, though we can make another coin that has the same use as bitcoin and has a lot of feature but still bitcoin will not going anywhere because this is the 1st every crypto created so people will still choose bitcoin over something else.

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November 10, 2017, 03:06:00 AM
 #405

As we all know that everything have a blueprint. It's not that much difficult to make fake money if you have blueprints(in case of real cash). I was wondering if anyone found blueprints(algorithm/code) of bitcoins.

Is it possible to duplicate bitcoins?




No you can fake a bitcoins because there are so many process and there are so many verification so how can they fake a single account? Is it possible to duplicate? I think they can't duplicate just like on faking a bitcoin you can't duplicate it because there are so many process. I think they can only hack a bitcoin account but they can't duplicate or fake it.

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November 10, 2017, 03:58:58 AM
 #406

In my opinion, no you can’t create a fake bitcoin. Bitcoin is unique, it will be difficult to duplicate. Because there will be many confirmations about it.  But you can create or just get some information about bitcoin and create another coin. By getting the principal information of bitcoin, you can create a new coin, and the result is altcoin and many more.

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November 10, 2017, 04:03:03 AM
 #407

It is not possible to create another Bitcoin that's why they are creating another coins with the name of Bitcoin like Bitcoin Cash, Bitcoin Gold etc. Bitcoin is unique coin that's countries legalizing it.


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cutecute
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November 10, 2017, 04:13:38 AM
 #408

As we all know that everything have a blueprint. It's not that much difficult to make fake money if you have blueprints(in case of real cash). I was wondering if anyone found blueprints(algorithm/code) of bitcoins.

Is it possible to duplicate bitcoins?



No, no one can fake bitcoin just like what they said bitcoin is a secured and there's so many process before you have one. If someone fake it I'm sure that the moderator will notice this and they will banned the fake account. And I think that they can't duplicate it also because just like what I said we have a moderator and our moderator is so active so they will notice it too.

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November 11, 2017, 03:19:11 AM
 #409

I think that it is not worth replicating. I think that it is worth it because development is actively carried out and there is a promising future.
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November 11, 2017, 03:34:08 AM
 #410

nothing is impossible in technology but i think no one can fake bitcoin. i believe that they cannot fake bitcoin but they can add once more. i mean the producer can add some bitcoin but it can affect to the price and also the value of bitcoin so it is hard to do this decision.

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November 11, 2017, 03:55:54 AM
 #411

i dont think that is impossible for hackers to create a new fake bitcoin, but that will take a very hard time to do that because bitcoin core system changes everyyear,  and everytime we complete a transaction we create a new code, many new codes create a bitcoin, so bitcoin code is always changing. not easy to create bitcoin in such a little time.

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November 13, 2017, 09:01:41 AM
 #412


I do not know why you thought this? Bitcoin transaction is so much that it is impossible to make a copy of it. You can never do this because it is not possible. If it was possible to make a copy of Bitcoin, then its usage would be abolished. That was not the whole bit of money invested. Therefore, this idea is a complete mistake.

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November 13, 2017, 09:03:10 AM
 #413

It is impossible. The main protocol will not accept forgery

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November 13, 2017, 09:07:36 AM
 #414

Something digital will not be made imitate. We will not find fake bitcoins, that's the bitcoin advantage that real money does not have. Money is easily faked and easily spread everywhere, that's why we often find counterfeit money. But bitcoin can not be faked. Any incoming transaction using bitcoin is definitely ORIGINAL.

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November 13, 2017, 09:30:10 AM
 #415

You can make your own coin. I heard many people are making to they can scam with it, but fake bitcoin is impossible the code is well made and for now safe from hackers.

Sometimes people want to sell their coins first search about the coin you can then get more information.
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November 13, 2017, 09:39:37 AM
 #416

no,, its impossible to duplicated or created fake bitcoin
thats why many Devs just make simliar name like bitcoin cash, btc gold, ebtc, etc
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November 13, 2017, 09:57:41 AM
 #417

No!  Because, they are very strict in this trade, so that no one can destroy or make also a fake. So they are very careful.

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November 13, 2017, 10:01:28 AM
 #418

This is a pretty interesting topic, i have always wondered if it was possible.

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November 13, 2017, 10:02:44 AM
 #419

i think its hard to face digital currency or cryptocurrency, because its digital, like money it can be fake because its a thing, but bitcoin is digital and its to possible to fake a digital currency. maybe fake trading will do but fake bitcoin is impossible.

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November 13, 2017, 10:09:08 AM
 #420

In my opinion it is possible, do not underestimate human brain our brain evolves time to time. The only thing that's impossible to create is world peace.


Probably you're right. But bitcoin is different from fiat money you know. It doesn't mean that we underestimate people's mind but it is not very easy to fake bitcoin because unlike fiat money there is really a specific design and materials to be used so you can make a real and valid fiat money with the real signature of some of the government authority especially president. There would be possible websites that will try to deceive you that they will pay bitcoin but the truth is no, then it is not a fake bitcoin it is just a scam.

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