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Author Topic: What is the worst thing you have heard about bitcoin  (Read 1109 times)
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October 03, 2018, 02:28:13 PM
 #61

That Bitcoin currently stable dies and is no longer how to correct this situation. It is doomed to extinction and all have as soon as possible to leave this sinking ship. This is not my words, but I'm really sure I found this somewhere in this forum. So this is what I have heard the most terrible and stupid at the same time.

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October 03, 2018, 02:33:59 PM
 #62

The list might keep on going if you ask such questions  Grin
There would be so many things  every crypto enthusiast would have heard about bitcoin. I have myself encountered a few situations where people called bitcoin a scam, HYIP, ponzi, MLM(like seriously ? those guys don't even know what BTC is and they call it MLM  Grin)
If you keep adding all these statements, I am sure the list would cross hundreds of statements.

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October 04, 2018, 03:29:37 AM
 #63

Well a lot of critics has come out to state a lots of rumours about bitcoin and in some way caused panic well that's among the newbies.
So said bit coin is a bubble just like tulips, some says it is a ponzi scheme and will soon be banned

Other where critical about it's security level and it's vulnerability to hackers well over nine years bitcoin still is the top coin in the cryptocurrency and those critics are still trying to purchase more bitcoin

What is the worst thing you have heard about bitcoin


The worst thing i've heard about bitcoin is, bitcoin is used for paying criminal actions in the dark.
I think using bitcoin as a payment system has done mostly in there. But if bitcoin get massive adopted by peoples, it will functioning as a global currency in the world.

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October 04, 2018, 03:41:26 AM
 #64

One thing that makes me feel sad with bitcoin is when people think bitcoin is haram and only as gambling.
Even though the good side of bitcoin is very much, the value movement is not stable especially if the increase makes everyone's heart gymnastics.

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October 04, 2018, 04:28:58 AM
 #65

Well a lot of critics has come out to state a lots of rumours about bitcoin and in some way caused panic well that's among the newbies.
So said bit coin is a bubble just like tulips, some says it is a ponzi scheme and will soon be banned

Other where critical about it's security level and it's vulnerability to hackers well over nine years bitcoin still is the top coin in the cryptocurrency and those critics are still trying to purchase more bitcoin

What is the worst thing you have heard about bitcoin


the worst thing I heard about bitcoin was when news emerged that bitcoin would be banned in my country, it was a very bad thing I heard about bitcoin
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October 04, 2018, 04:43:30 AM
 #66

Well a lot of critics has come out to state a lots of rumours about bitcoin and in some way caused panic well that's among the newbies.
So said bit coin is a bubble just like tulips, some says it is a ponzi scheme and will soon be banned

Other where critical about it's security level and it's vulnerability to hackers well over nine years bitcoin still is the top coin in the cryptocurrency and those critics are still trying to purchase more bitcoin

What is the worst thing you have heard about bitcoin


Bitcoin is a bubble , a big scam , is very much manipulated.  Well bitcoin being manipulated sounds very not good for me before
But it seems it cannot be helped ,spreading fake news about it and the effect of this to investors cause  the price to go down.
If only investors have enough knowledge and have enough fiat to support them while this bear market dumping would not be an option


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October 04, 2018, 04:46:53 AM
 #67

I heard that bitcoin transaction is use to buy illegal drugs since the government can't track transactions. bitcoin is also being used by the black market and that scammers and hackers have their way to steal your btc without you even knowing.



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October 04, 2018, 05:14:13 AM
 #68

Well a lot of critics has come out to state a lots of rumours about bitcoin and in some way caused panic well that's among the newbies.
So said bit coin is a bubble just like tulips, some says it is a ponzi scheme and will soon be banned

Other where critical about it's security level and it's vulnerability to hackers well over nine years bitcoin still is the top coin in the cryptocurrency and those critics are still trying to purchase more bitcoin

What is the worst thing you have heard about bitcoin


the worst thing I heard about bitcoin was when news emerged that bitcoin would be banned in my country, it was a very bad thing I heard about bitcoin
 
 I heard a lot of romoured news about bitcoin around the world of crypto that can make people feel unpleasantly. But I am strongly believe on bitcoin's capacity, that it can surpass along the inconvenience happenings and will grow persistently.
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October 04, 2018, 05:48:41 AM
 #69

The worst thing that I have heard about Bitcoin was the accusations that it was used to fund terrorism. Now thinking back about it, it makes me laugh.  Grin

Why would a terrorist use a technology to fund terrorism, if that technology can be traced back to him? All tx's are entered into the Blockchain and there are very sophisticated forensic tools to track the flow of the bitcoins. <Most of these terrorist have no clue about the technology, so they will expose themselves>

It is much easier to smuggle a few diamonds or expensive items over the borders to fund terrorists.  Roll Eyes

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October 04, 2018, 06:15:00 AM
 #70

Well the worst thing I heard about bitcoin was when my friend said " Hey you have lost everything. More then 70% of your investment is in vane by now due to price of bitcoin" and that was the day my belief over luck became more firm.
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October 04, 2018, 06:18:57 AM
 #71

According to my experience, bitcoin has nothing about worst apart from volatility in price.
All other aspects in bitcoin are pleasant, even we can overcome government's regulations by many ways but can't regret badness of volatility when in puts you into loss
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October 04, 2018, 06:24:23 AM
 #72

I am using bitcoin as currency as investment and many other features of this currency and i have not heard any worst thing about bitcoin and it is very important to take benefits from bitcoin and bitcoin is doing best for world economies.

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October 04, 2018, 06:39:56 AM
 #73

The worst I heard about bitcoin is that, they say it is a pyramid scheme. That thing is so untrue because I myself earned from bitcoin. They usually say that because they are the ones who suffer and incurred loss from bitcoin. Nonetheless, bitcoin is not a pyramid scheme. Smiley

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October 04, 2018, 06:51:37 AM
 #74

I've read articles on the internet, that there is one investor who states that bitcoin is a bubble and a scam, one day it will disappear and you will lose big.
lol Cheesy

I can never believe it. let's say the price that fell this year, but in fact bitcoin persists and still maintains its market cap. which means bitcoin is very strong.
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October 04, 2018, 07:09:21 AM
 #75

Well a lot of critics has come out to state a lots of rumours about bitcoin and in some way caused panic well that's among the newbies.
So said bit coin is a bubble just like tulips, some says it is a ponzi scheme and will soon be banned

Other where critical about it's security level and it's vulnerability to hackers well over nine years bitcoin still is the top coin in the cryptocurrency and those critics are still trying to purchase more bitcoin

What is the worst thing you have heard about bitcoin

the worst thing that I've seen in my country is, a scramble for hospital data that hackers do. the pereta asked for a ransom in the form of bitcoin and would return the data.

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October 04, 2018, 07:18:11 AM
Last edit: October 04, 2018, 07:36:09 AM by BITSSA : BITCOIN EXCHANGE
 #76

The worst thing ever said about Bitcoin is that it is used for terror financing, black money laundering, and illegal transactions. These are absolutely ludicrous and baseless rumors. Even if there is an iota of truth in it then such illegal activities take place through hawala route also. So, if naysayers say that only bitcoin is to blame for such illegal activities then they are absolutely wrong.  Another speculation about Bitcoin which is again quite unfair is that it is a bubble which might burst in future. Again, we can see that Bitcoin has stayed in the market for almost a decade and despite having many ups and downs the digital currency has managed to maintain its position at the top. People never lost trust in Bitcoin as a safe value storing digital asset. Despite all the negative publicity, Bitcoin has not lost its sheen. None of the altcoins have been able to topple Bitcoin from its position. People are still buying it and they will continue to do so. As long as there is a structured and a secured technology like the blockchain nothing will happen to its scope. Also, likening it to the Tulip mania or calling it a ponzi is unjust and quite unfair. Skeptics anywhere in the world will speak negatively about anything which is new and revolutionary.
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October 04, 2018, 07:22:05 AM
 #77

The worst thing I have heard about bitcoin is the people being scammed and many people being hacked. I really hate hearing news about it like why they do that such thing. Lots of users will be affected because of it and maybe stop investing. I hope this will stop and I hope next time i hear good news.

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October 04, 2018, 08:03:51 AM
 #78

The worst thing that I heard about Bitcoin, when people said that it was not real money, also heard how many people said that it was all a pyramid and soon it would all disappear and people would lose a lot of money.
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October 04, 2018, 08:27:19 AM
 #79

The bad thing I always hear from people who don't understand crypto says that bitcoin is just a gamble and can make us lose a lot of money and it shouldn't be done.

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October 04, 2018, 02:15:19 PM
 #80

The worst thing I heard about bitcoin is they say bitcoin is scam, is ponzi. The reason is that they have to suffer a huge when bought with high price and sold with low price. They can not blame for bitcoin, it is their faulse for not patient enough. They had to pay the price
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