Bitcoin Forum
May 13, 2024, 07:45:02 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15]  All
  Print  
Author Topic: Bitcoin is creating money out of thin air  (Read 1439 times)
Gatot84
Full Member
***
Offline Offline

Activity: 188
Merit: 100



View Profile
April 23, 2018, 10:42:05 AM
 #281

For me bitcoin as a great miracle for the crowd, therefore there is some description about it. This question is incorrect when you look at the bitcoin of the investment approach is money is pushed from the outside to bitcoin to increase its value and bitcoin does not create money. Cool
1715586302
Hero Member
*
Offline Offline

Posts: 1715586302

View Profile Personal Message (Offline)

Ignore
1715586302
Reply with quote  #2

1715586302
Report to moderator
1715586302
Hero Member
*
Offline Offline

Posts: 1715586302

View Profile Personal Message (Offline)

Ignore
1715586302
Reply with quote  #2

1715586302
Report to moderator
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
s4l1wu
Newbie
*
Offline Offline

Activity: 294
Merit: 0


View Profile WWW
April 23, 2018, 10:45:17 AM
 #282

yeah im agree sir. that was too much scam on project right now, it was so rude i think
TomUyamot
Sr. Member
****
Offline Offline

Activity: 504
Merit: 252


View Profile
April 23, 2018, 10:59:06 AM
 #283

Ex-RBI chairman said "Bitcoin is creating money out of thin air". It is biggest scam of all.   Angry

From somebody's point of view, it could also be true. To be fair with these people who are not yet deeply involved with Bitcoin, they must be wondering why the price is so high and yet there is really nothing valuable in a monetary way that each Bitcoin is representing. This was also my question before I came into Bitcoin and trusted it. But it seems to me that the value comes basically from the agreement among people, and eventually of the rising demand. 
Arifulislam1010
Newbie
*
Offline Offline

Activity: 280
Merit: 0


View Profile
April 23, 2018, 11:22:36 AM
 #284

Bitcoin is not generate money out of air . I think bitcoin is double our money . Somesay bitcoin is bubble and Gambling but i dont think so bitc oin is the best asset for our future its have no doubt if we save it and hodl it for long term.
money1122
Newbie
*
Offline Offline

Activity: 84
Merit: 0


View Profile
April 23, 2018, 11:24:38 AM
 #285

They key is to have enough converted to fiat, land, and gold before the music stops.   What's funny are the people who complain about the music.
humakaita
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
April 23, 2018, 11:50:58 AM
 #286

Bitcoin creates money with reality and bitcoin is completely without fraud because all transaction data can be viewed transparently in blockchain, and this is really real technological advancement and bitcoin is not inflationary like paper money.
artichandra
Newbie
*
Offline Offline

Activity: 173
Merit: 0


View Profile
April 23, 2018, 12:06:38 PM
 #287

Hopefully that person assumes wrong and not yet know the bitcoin completely. Or maybe he just saw a lot of scam that is on bitcoin so think that way.
Rarahumaira
Newbie
*
Offline Offline

Activity: 114
Merit: 0


View Profile
April 23, 2018, 12:34:35 PM
 #288

Maybe he does not know what a bitcoin is so he can only say that bitcoin is a scam. If you understand how to find bitcoin. It will prove that bitcoin is not a scam.
First77 (OP)
Member
**
Offline Offline

Activity: 266
Merit: 32


View Profile
April 23, 2018, 12:47:02 PM
 #289

Maybe he does not know what a bitcoin is so he can only say that bitcoin is a scam. If you understand how to find bitcoin. It will prove that bitcoin is not a scam.

Reserve Bank of India has instructed banks not to support Bitcoin transactions.
kamilah147
Full Member
***
Offline Offline

Activity: 700
Merit: 102



View Profile
April 23, 2018, 01:13:16 PM
 #290

Hopefully that person assumes wrong and not yet know the bitcoin completely. Or maybe he just saw a lot of scam that is on bitcoin so think that way.
as you say, that people who do not know bitcoin any further, sometimes the person just concludes what he has heard in any respect, and does not see in terms of positive.

███ ███ ██ ██ █     PLATA Ø CRYPTO    ▀▀▀▀▀    T h e   C a s i n o   i s   Y O U R S   ▄▄▄▄▄     █ ██ ██ ███ ███
NFT Shares  |  Become a Casino Co-Owner  |  Crash & Casino Games  |  Earn on Volume

███ ███ ██ ██ █     ❱❱❱❱❱❱❱❱     [    Twitter    ]     ❱❱❱❱❱   PLAY   ❰❰❰❰❰     [    Discord    ]     ❰❰❰❰❰❰❰❰     █ ██ ██ ███ ███
Choghonl
Newbie
*
Offline Offline

Activity: 94
Merit: 0


View Profile
April 23, 2018, 01:31:11 PM
 #291

Creating bitcoin out of thin air? its actually correct in someway because you can just actually wait and earn as the price of the currency rise up but it isnt actually just that way to earn bitcoin you actually need to cost some sweat for you to be successful in bitcoin you need to put some effort in mining and if your willing to invest you should perhaps it boost your chances its not creating money out of thin air its creating money through hardwork and passion just like any other jobs.
1C6fV5DtakfKANLJ8GUV7hCaA
Full Member
***
Offline Offline

Activity: 462
Merit: 104


Crypto Marketer For Whales


View Profile WWW
April 23, 2018, 01:34:43 PM
 #292

He's an idiot not knowing the technology behind it. Man why are these people not researching enough before they make such bold statements like that.

Buy Reddit Accounts & Upvotes
Discord: Playerup#6929
Skype: AWH2010
Telegram: @redditfactory
CyM99
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
April 23, 2018, 01:52:44 PM
 #293

Before saying bitcoin is an air, people have to re-evaluate the true value of bitcoin, the advantages it gives investors. At present the world is accepting and using bitcoin, in the future bitcoin will prove the advantages that it brings.
kakajones25
Newbie
*
Offline Offline

Activity: 70
Merit: 0


View Profile
April 23, 2018, 02:54:59 PM
 #294

The stability of the system is based on the number of users who have an official client running. While their majority, Bitcoin does not threaten anything.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!