bryant.coleman
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Activity: 3752
Merit: 1217
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October 28, 2019, 04:53:32 AM |
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There are two parts to this. There are people who claim that Bitcoin is a scam, just like the various HYIPs and Ponzi/Pyramid schemes out there. And there are groups of people out there who claims that it is very difficult to store Bitcoin on your own, as there is a very high chance that they can get stolen. These two are entirely different topics and should be treated as such.
Now does anyone still believe that Bitcoin is a Ponzi? BTC has been in existence for more than 10 years, and if it was actually a ponzi scheme, then it wouldn't have survived for this long. Typical pyramid schemes last for only a few weeks, or a few months at the most. Now coming to the security part, I have been using BTC for 7 years now and till now no one has managed to hack in to my wallets. Take the basic security precautions and you should be fine.
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tambok
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October 28, 2019, 05:01:32 AM |
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I am the type of person who does not like to argue where what he says has a point, even though my understanding is also true. Cryptocurrency does not have proprietary letters so the risk of hackers is correct but not a scam. Bitcoin was also initially built on people's trust, that's the benefit of peer-to-peer transactions. Everyone can see the point of view where the point of view is comfortable for them.
Likewise, we cannot blame those people who will say that Bitcoin is a scam as there are lots of scam out there using Bitcoin as a tool to get fund from the people, so their mindset will be negative and we cannot force them to believe unless they will see, do research and conduct investigation at their own discretion.
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ice098
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October 28, 2019, 05:08:51 AM |
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I am the type of person who does not like to argue where what he says has a point, even though my understanding is also true. Cryptocurrency does not have proprietary letters so the risk of hackers is correct but not a scam. Bitcoin was also initially built on people's trust, that's the benefit of peer-to-peer transactions. Everyone can see the point of view where the point of view is comfortable for them.
Likewise, we cannot blame those people who will say that Bitcoin is a scam as there are lots of scam out there using Bitcoin as a tool to get fund from the people, so their mindset will be negative and we cannot force them to believe unless they will see, do research and conduct investigation at their own discretion. Some of them knows bitcoin at first that is only use for crime , we dont need to blame them or get pity them because of what they are thinking. Just tell them the advantages of it, it could be for long term and short term investment, for purchasing online goods and all the rest will follow. Know their reason too before judge them, then educate them.
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SaShiRaJaVu
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October 28, 2019, 06:34:24 AM |
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Some of them knows bitcoin at first that is only use for crime , we dont need to blame them or get pity them because of what they are thinking. Just tell them the advantages of it, it could be for long term and short term investment, for purchasing online goods and all the rest will follow. Know their reason too before judge them, then educate them.
If people are having a negative judgement about bitcoin without even knowing what it is all about how can we change their misinterpretation who has no interest about the new market nor interested to know about it and all they know and hear is the negative news, bitcoin as a financial asset is well documented several time in many financial magazines about the market and still they are least bothered to understand it, then it is better to leave them alone.
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YOSHIE
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October 28, 2019, 07:12:33 AM |
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what do you think about finding people like that and how will you react to them?
Bitcoin does not, cheat, This statement is a little wrong with people who have experienced darkness. Cryptocurrency like Bitcoin, is a form of digital asset, which is traded in hundreds of well-known and ordinary markets. There are official markets and some are not official, there are 100% security guarantees and security is also weak. This is a very big problem faced by bitcoin investments and bitcoin trading. by the customer. So it's not Bitcoin that cheats, the Bitcoin investment market must be really safe and controlled, if this is guaranteed certain people will definitely experience security and avoid fraud.
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bitcoinposts
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Activity: 448
Merit: 10
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October 28, 2019, 07:50:24 AM |
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People simply call btc as scam supporting blockchain but they should understand blockchain is so famous it is only because of bitcoin transactions
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Inkdatar
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October 28, 2019, 10:24:05 AM |
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People simply call btc as scam supporting blockchain but they should understand blockchain is so famous it is only because of bitcoin transactions
This is given that people call btc as a scam. And we know that we cannot please everyone on what they think about bitcoin. Some people use btc as an instrument to scam and they should be aware of how to manage this kind of situation. Indeed they should understand how blockchain transactions work and if they will understand they will know that bitcoin has many to offer and it’s good features.
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Distinctin
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October 28, 2019, 11:24:13 AM |
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People simply call btc as scam supporting blockchain but they should understand blockchain is so famous it is only because of bitcoin transactions
This is given that people call btc as a scam. And we know that we cannot please everyone on what they think about bitcoin. Some people use btc as an instrument to scam and they should be aware of how to manage this kind of situation. Indeed they should understand how blockchain transactions work and if they will understand they will know that bitcoin has many to offer and it’s good features. That's their appreciation and we can make some twist to that if they would like to listen to us and even tried to look deeper inside what Bitcoin or crypto be meant to us right now. We can't live to that argument if they still pursuing that it was a scam rather than to set aside and let them find in some other ways to know more about. Will have to respect them either, we know already the importance of bitcoin and it sounds like we are the one to give them the way and think differently.
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agentx44
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October 28, 2019, 02:30:24 PM |
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I always find people who think that Bitcoin or cryptocurrency assets are busting money and sometimes there are people who always assume that investing in bitcoin is fraught with hacker risk. on the other hand I cannot assume that their opinions are wrong, but on the other hand I cannot justify their statements. I always think that people who have opinions like that are people who don't really know about blockchain technology, or they just read from one of the articles that happens to provide news about a "dark" case in bitcoin, so they often assume that bitcoin is a range against hackers and scam.
what do you think about finding people like that and how will you react to them?
If ever I will meet one, I wouldn't mind wasting my time explaining to them that what they believe is definitely a lie. Bitcoin is not a scam and we all know that, informing those who has their ears closed is such a huge waste of time and energy, they don't really know what they are missing out. They will be those people who will be the most regretful when the time come that bitcoin gets to the very top and become legalized all over the world.
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bitbrawlers
Copper Member
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Activity: 154
Merit: 7
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October 28, 2019, 02:58:08 PM |
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It's amazing that there are still people out there who think bitcoin is a scam. It's clearly not.
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BigBos
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October 28, 2019, 04:06:47 PM |
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what do you think about finding people like that and how will you react to them?
never mind, they are people who do not understand technology and may always watch the FUD on the news. IMO they are just wasting their chance to get a chance to utilize one of the best technologies on the internet. Well, I feel like they only play tiktok or something. Who would have thought that bitcoin was a tool for fraud or the current Ponzi scheme? come on, I think they need more education than just seeing FUDs spread out there.
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barbara44
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October 29, 2019, 03:46:40 PM |
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Some people are just being fed at what they see in the news, and the funny thing is that many people that has been shouting if bitcoin being a scam actually has never had an experience of scam in their life, and some might not even know what the whole blockchain technology is about, which is why we think that we need to educate people more on the use of blockchain itself and how it is related to bitcoin for them to understand that bitcoin was never meant to scam people.
It is only people that took advantage of the system to create bad characters out of it in which bitcoin is not the only system that is being used to perpetuate such act, the fiat is also used for fraudulent cases too. If they want to really know what bitcoin is for and understand that it is not used for fraud, we should get regulation, then the real effect of bitcoin will be fully shown.
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pundit
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October 29, 2019, 05:14:58 PM |
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I always find people who think that Bitcoin or cryptocurrency assets are busting money and sometimes there are people who always assume that investing in bitcoin is fraught with hacker risk. on the other hand I cannot assume that their opinions are wrong, but on the other hand I cannot justify their statements. I always think that people who have opinions like that are people who don't really know about blockchain technology, or they just read from one of the articles that happens to provide news about a "dark" case in bitcoin, so they often assume that bitcoin is a range against hackers and scam.
what do you think about finding people like that and how will you react to them?
I just listen to such people's statement and sometimes tries to convince them but its very hard to get them into the BTC stream. Most of my friends just do not talk about Bitcoin due to no or little knowledge about it and some friends related to banking sectors have its legalization concern which may be right to some extent. As far as blockchain technology is concerned most of the people around just know its name and do not know the real purpose and benefits of blockchain technology. I think it will take sometime to make common man understand blockchain and its benefits over tradition methods of financial transactions.
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JohnSegWick
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Activity: 15
Merit: 3
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October 31, 2019, 04:35:46 PM |
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Usually they simply just don't have enough information or get the wrong information from unreliable sources. They don't understand something, but that doesn't make it a scam.
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wozzek23
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November 03, 2019, 04:21:16 PM |
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how id Investment development now?
Looking at how bitcoin is recovering, I would say that investment in bitcoin is really getting so interesting and people can now see that bitcoin is not a scam as it is really responding to actions of people’s buy and sell order which is what we need to get use to that is creating volatility. The only investment that is yet to recover now, is the ones of altcoins, which are the ones that is really full of scam, but the top ones that are not scam will not be making anything tangible until maybe sometimes next year when the altcoin market is really recovering. If there is extra cash for anyone now, I think this is the time they still need to make more investment in bitcoin because this recovery is really heeding straight to about $15000 within the next few weeks.
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Kambal2000
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November 03, 2019, 05:02:16 PM |
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Usually they simply just don't have enough information or get the wrong information from unreliable sources. They don't understand something, but that doesn't make it a scam.
Although there's a lot of ways for them to learn and have known about crypto, but people chooses not to. So, this thing will really depend on them if they want to know it then Google is the key, if they don't then they won't find a way to get through it. Anyway, as for my family and friends that still don't believe in Bitcoin up to this date, time will come they will tell to me that why I didn't push them to believe in me.
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acroman08
Legendary
Online
Activity: 2464
Merit: 1104
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November 03, 2019, 05:22:45 PM |
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Usually they simply just don't have enough information or get the wrong information from unreliable sources. They don't understand something, but that doesn't make it a scam.
True, it's either misinformation or lack of knowledge about the subject. but the thing is most of these people calling bitcoin a scam are not really interested in bitcoin and even if you try to explain it properly to them they will simply ignore whatever you tell them and will stick to what they believe. but I don't also blame them since bitcoin has been associated with different kind of illegal activities including scams.
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jhonjhon
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November 03, 2019, 05:27:18 PM |
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I'll ignore them, they aren' worthy of your time and effort because these type of people are close minded and no matter how good you educate them, they won't accept it, it's not my lost anyway its there's. For me, what matters most is that I know bitcoin isn't a scam and if people will insist it's a scam then let them be, i'll do my thing and I know they will only swallow there words and realize that bitcoin is 100% legit and very far from scam.
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Orange Mango
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November 03, 2019, 06:49:42 PM |
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Usually they simply just don't have enough information or get the wrong information from unreliable sources. They don't understand something, but that doesn't make it a scam.
If they do not make money immediately then it must be a scam. People can be crazy sometimes with their beliefs and way they make excuses just so they do not blame themselves. How can someone get involved in something they have such a lack of understanding? I'll ignore them, they aren' worthy of your time and effort because these type of people are close minded and no matter how good you educate them, they won't accept it, it's not my lost anyway its there's. For me, what matters most is that I know bitcoin isn't a scam and if people will insist it's a scam then let them be, i'll do my thing and I know they will only swallow there words and realize that bitcoin is 100% legit and very far from scam.
Their opinion doesn't matter to us. Let them believe as they wish and live their life and we live ours. Out chance of financial freedom is much closer than theirs.
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ufaiz50
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November 04, 2019, 03:53:23 AM |
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Fraud and hacking can happen it's most likely the user's own fault, we can't just blame bitcoin for granted. Almost the same as you, should people who think like that should be given positive side information from bitcoin. As we know there will be positive and negative sides to something, so understanding them is necessary so as not to cause misunderstandings.
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