Forbes Magazine calls Bitcoin a "Great Scam"

[rickn]

The BTC will never be unanimous as well as any other risky investments, like Stocks, Forex and Options.

[NiceSoft12]

I don't think BTC is a "great scam" but I think it is similar to a ponzi in the sense that minority controls the majority of assets and controls the market as well.

[Juggy777]

https://www.forbes.com/sites/jayadkisson/2017/12/28/the-great-bitcoin-scam/#1c08edf75c1e

Forbes who? Look what happened to out favorite Jamie, he's so lost and confused now doesn't even speak about Bitcoins anymore, Jp Morgan came out in support of Bitcoin than him, so honestly I don't really care about Forbes, they were great but now they are just another magazine. Who even reads it now these day's, so it's just for another publicity stunt, I don't really read much into it, ignore them no need to give them any publicity.

[boakyei]

Investment bankers from top banks are all doing anything possible to bring bitcoins down , More people investing in bitcoins means their profit and revenue in the banks will be reducing. Why wont they be publishing scandalous work on bitcoins to discourage new entrants.

[audrey12]

Forbes did not point out that bitcoin is really a scam it only says that a lot of pinzi scheme has been developed and involve bitcoin in marketing them. Bitcoin is not made to control the currency we are having or tolerate illegal activities it is just that the technology it uses has been abuse by people who wants to take advantage to other people. I hope someday the issue will be settle so that crypto community will remain in the market

[eann014]

That is a wrong thinking of some people who doesn't believe in the potential of bitcoin. They are regreting that they don't buy bitcoin before, they believe that is a scam just like my aunt thinking before, but mow she already have a bitcoin and now earning.

[Crypto-2X]

Actually we don't care about it at all because they can say anything they can write anything.
So just do the right think you want. That's it.

[josephinerosdy]

whatever he wrote, it was just his opinion, still many people believe potential of bitcoin.
many articles like that just make people afraid to try buy cryptocurrency afraid to invest in crypto.

[dreamer81]

Forbes writes articles for the banks, we all know that. Dont believe everything you read. I can write an article that is called "banks is a great scam", would that make it correct no. Forbes is no more respected than any gossip magazine

[batman12345]

Many famous people have spoken negatively about bitcoin, but so many people say positive things. No one knows what will happen, time will tell.

before the famous bitcoin, everyone says it's a coin this is a scam. since public confidence has increased about the concept and use of bitcoin. then many say bitcoin is legit.

[Spoetnik]

They are made by mad peoples who are jealous of other peoples who have gain wealth using bitcoin while they don't have any, they want to crash bitcoin price so that they can affort it.


So don't listen to any mad peoples, only sell or buy your bitcoin when you see profit and not what mad peoples say.

Profiteers can not see ideology or even basic functionality.
The investarded can't see nor have any interest in what the thing is or how it works or how *well it works.
They see pointless tokens that can make them FIAT profits.
MLM scammers wet dream.

In the 80's i seen the water filter scam goin' around and in the 90's seen it on the TV show "King of Queens".

90% of you have no clue what a scam is.
You think if someone out there is profiting from the scheme then it's legit.

This is "crypto"..
Did i make profit ? ..then it's legit.
Did i lose money ? ..scam.

That's it.. there is nothing more to it than that.
HOW something actually works is irrelevant to you all.

Oh and the Washington Post and others posted similar stories up to 5 years ago too.. nothing new.

[icoDealDeckcom]

Forbes writes articles for the banks, we all know that. Dont believe everything you read. I can write an article that is called "banks is a great scam", would that make it correct no. Forbes is no more respected than any gossip magazine

"Do not believe everything you read and only half of what you see" Columbo.

If something (coins, tulips, etc.) and be traded for something else (coins, tulips, etc.) and there is a mutual exchange of value, is that a scam?

Crowd Think:   Winning=Good Investment  / Losing=Scam

[Low Sigma]

The purpose of the article writers is to attract readers, of course he will use a catchy headline.
Just mind your own business, make money and ignore the ignorants.

[KingScorpio]

https://www.forbes.com/sites/jayadkisson/2017/12/28/the-great-bitcoin-scam/#1c08edf75c1e

forbes magazine is a great scam of the federal reserve, that scams everybody in america

same shit is in europe (bafin in germany in particular)

they scam everyone.

[Calligiato]

We will soon see what the great scam is. Crypto Currency or the world you built on banks and corruption. BTC/Crypto and GOLD will rule you all !

[batman12345]

so you know banker can print as they like.. if you work for money  , banker will print money for you just a few second.. surprised?? but bitcoin supply limit 21 million in this world. no more no less. so you know who is scam the banker or bitcoin??

[Malsetid]

We will soon see what the great scam is. Crypto Currency or the world you built on banks and corruption. BTC/Crypto and GOLD will rule you all !

Person who wrote the article possibly hasn't done any research to come up with such an inaccurate story. Bitcoin or cryprtocurrencies, is far from.being a scam. I'm only hearing this from tbose that doesn't know how.the crypto market works

[elie_s]

People will always doubt wat they can see
They think since bitcoin can t be touched like real money it's fake
Well let them fight it soon theybwill join the btc world

[Anti-Cen]

Did Forbes mention the mega high transactions fees or do they just want punters to move along and
play on the other slot machines and remain unaware about the fees for moving BTC that we have been
hot with.

I think we are being played when the elephant in the room is fees 

[jasonmattson]

Haha This is normal case and a few years ago many news portal and news paper blame about bitcoin so what btc down ?  no when its down its always go back ow position bcz btc demand and supply gap is the main reason . no one can pause it its a vice versa