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Author Topic: Thinking Bitcoin is Scam  (Read 838 times)
J.Amador
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October 23, 2020, 01:33:37 PM
 #41

Why people the word crypto they think it's a scam? Simply cuz the target of the scammer to have a victim is the crypto they uses crypto cuz many prople are using crypto. That's why people think crypto and bitcoin is scam cause by false accusations.

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October 23, 2020, 01:44:06 PM
 #42

the benefit is for all not only for early adopters . early adopter does not mean investor and investor does not mean they are still investing till now  . new adopters can benefit much more than early adopters but this is a slap to the new adopters that suddenly became a crypto lover .

 they can be called as crypto wanabee for now but the label of being a wanabee can also wear off if these people are going to be sincere and will support crypto in the long run with or without hype .

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October 23, 2020, 01:48:43 PM
 #43

As we know as a crypto Community most of people's think that a Bitcoin (any crypto currency) is illegal and scam. But Now Paypal officially integrated inbuilt features to buy/sell Bitcoin , Etherium , USDT and etc. So It is a great slap to the mostly people who think Crypto is illegal. Now they understand the power of crpyto in upcoming less than 2 years and it will change whole market , the early adopters will take great benefit.

I don't need a public recognition by Paypal to understand that bitcoin/blockchain is something really valuable.
I don't care about opinion of people that have never read a page about bitcoin, but they said "it's a scam".
We have already taking great benefit from bitcoin! Financial freedom, Priceless Wink

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October 23, 2020, 02:01:14 PM
 #44

In the years since Bitcoin's inception, many have called it a scam. At the same time, there were thousands of people buying into Bitcoin and rich with that choice.
Bitcoin has liquidity around the world and is accepted by many institutions for payment in Bitcoin. Bitcoin is created by investing in machines and using electrical energy to create it. Bitcoin is essentially a store of value because the difficulty of Bitcoin mining increases every 4 years and the limit is 21 million BTC.
Looking at the amount of cash, no one knows how much more money the world will print in the future. Cash is used by people and is also supported by banks for crimes they commit such as human trafficking, smuggling, money laundering, arms trafficking, ...
Bank cash is made of paper and regulation, they are valuable because people admit it. Bitcoin also admits its value and liquidity increase over time so it can't be a scam.





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October 23, 2020, 02:21:23 PM
 #45

Don`t worry its just your thinking because many people already knew that bitcoin is not scam. Bitcoin is a digital currency and it made in order to have a peer to peer network transactions. Only people made it a source of income through investment. There are a decade since bitcoin was introduced to the public and until now, it never ran the money of the people. If that happens, probably the whole market of crypto will die. It is slap to the people who believed that bitcoin was a scam before, thinking that it was a bubble thing. Look at btc nowadays, it has massive adoption and even paypal have interest to put btc to their currency lists.

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October 23, 2020, 02:58:32 PM
 #46

As we know as a crypto Community most of people's think that a Bitcoin (any crypto currency) is illegal and scam. But Now Paypal officially integrated inbuilt features to buy/sell Bitcoin , Etherium , USDT and etc. So It is a great slap to the mostly people who think Crypto is illegal. Now they understand the power of crpyto in upcoming less than 2 years and it will change whole market , the early adopters will take great benefit.
I do not think this move by PayPal gives any kind of legitimacy to cryptocurrencies in the eyes of the people, what this could do is to raise awareness of this new form of money, I do not know how this is going to be implemented but if anyone can see a section that says something like buy and sell cryptocurrencies then that will be a great step forward because even those that do not know anything about it will wonder what that is and make a small research about it.

After that many will not care about cryptocurrencies or invest in them but now on the back of their minds they have the knowledge that something like that exists and they will use it when they are finally ready to enter this market.


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October 23, 2020, 03:18:55 PM
 #47

As we know as a crypto Community most of people's think that a Bitcoin (any crypto currency) is illegal and scam. But Now Paypal officially integrated inbuilt features to buy/sell Bitcoin , Etherium , USDT and etc. So It is a great slap to the mostly people who think Crypto is illegal. Now they understand the power of crpyto in upcoming less than 2 years and it will change whole market , the early adopters will take great benefit.

There will be people who will always stand against Bitcoin and that is normal. Cryptocurrency itself can't please everyone especially those who don't have any knowledge about it. However, Bitcoin and other altcoins will always prove its worth and value through its developments. We're lucky that we're able to see its value and importance because I'm sure that more adoptions and developments will happen soon.

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October 23, 2020, 03:29:32 PM
 #48


  They said bitcoin is a scam, but we don't think so. If you can see, the crypto industry is growing rapidly, so let them say what ever they like but we know that crypto as a whole is taking over the world.

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October 23, 2020, 03:37:15 PM
 #49

I don't think bitcoin is a scam. It is simply a new and adventurous field of finance. If you do not have such high expectations of it, you will realize many opportunities to make life better thanks to bitcoin. Bitcoin was created to have a peer-to-peer transaction. Bitcoin  has never used people's moneyfrom the first time that it has appeared.
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October 23, 2020, 04:07:09 PM
 #50

I think people that's say bitcoin or cryptocurrency are scam is because they are victims of pyramiding, doubles investment scam that use bitcoin or any other cryptocurrency that's why what we need to do is enlightening them to what is the realy use of bitcoin. And now that PayPal join in our community this is big change.

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October 23, 2020, 04:11:55 PM
 #51


  They said bitcoin is a scam, but we don't think so. If you can see, the crypto industry is growing rapidly, so let them say what ever they like but we know that crypto as a whole is taking over the world.
Some people are thinking that bitcoin is illegal and a scam, probably because of how the news shows it. As we know that some countries prohibited the use of bitcoin because of its anonymity, meaning it can be used to buy illegal things anonymously. It also has been used on some scams. No wonder that some people think that way.

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October 23, 2020, 04:23:10 PM
 #52

As we know as a crypto Community most of people's think that a Bitcoin (any crypto currency) is illegal and scam. But Now Paypal officially integrated inbuilt features to buy/sell Bitcoin , Etherium , USDT and etc. So It is a great slap to the mostly people who think Crypto is illegal. Now they understand the power of crpyto in upcoming less than 2 years and it will change whole market , the early adopters will take great benefit.
People can say bitcoin or other cryptocurrency is illegal and scam because they don't even know the truth about bitcoin, what benefits bitcoin offers to them, and don't learn about bitcoin. They are free to say like that as they still prefer the existing payment system. But if they learn a little about bitcoin, I think they will not say that, and they will learn more to find out the other benefits to them.

With the news from Paypal, which offers their member to buy bitcoin directly from their account, I think that can open their eyes, that the famous Paypal now allows their user to buy bitcoin. That means Paypal admitted the existence of bitcoin, and they integrated it with their system.

I think that is a big innovation from Paypal about the allowing of buying bitcoin, and maybe there will be another big company that will integrate their payment system to them like what Paypal did. Maybe that will need time before the big company does the same as Paypal, but it is still a positive sign to the other company to follow behind Paypal. Sooner or later, we will see a big change in the payment system on the internet, which will use bitcoin as the alternative payment system.


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October 23, 2020, 04:51:26 PM
 #53


  They said bitcoin is a scam, but we don't think so. If you can see, the crypto industry is growing rapidly, so let them say what ever they like but we know that crypto as a whole is taking over the world.
Some people are thinking that bitcoin is illegal and a scam, probably because of how the news shows it. As we know that some countries prohibited the use of bitcoin because of its anonymity, meaning it can be used to buy illegal things anonymously. It also has been used on some scams. No wonder that some people think that way.

Maybe there are still people who will see bitcoin as a scam but those are the people who have small brains honestly, there's just a few of them. What I hated most are those people who understands that bitcoin isn't a scam but decided to spread lies that it is a scam as a whole because they lose a few dollars jumping right away into a scam or into trading without even knowing what it is.

With this crypto being involved in paypal, at least those few small brains who believe that crypto is a scam as a whole will be left thinking about if they are right or wrong. Cause fiat and crypto both have scammers, they can't blame the currency as a whole.

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October 23, 2020, 05:16:26 PM
 #54

As we know as a crypto Community most of people's think that a Bitcoin (any crypto currency) is illegal and scam. But Now Paypal officially integrated inbuilt features to buy/sell Bitcoin , Etherium , USDT and etc. So It is a great slap to the mostly people who think Crypto is illegal. Now they understand the power of crpyto in upcoming less than 2 years and it will change whole market , the early adopters will take great benefit.

There will be people who will always stand against Bitcoin and that is normal. Cryptocurrency itself can't please everyone especially those who don't have any knowledge about it. However, Bitcoin and other altcoins will always prove its worth and value through its developments. We're lucky that we're able to see its value and importance because I'm sure that more adoptions and developments will happen soon.

As i was expecting, there were some people that would agree to this kind of statement but i do believe that this kind of people are those who haven't any idea on how cryptocurrency was made for surreal. Btw, whatever we have talked about cryptocurrency it doesn't stop cryptocurrencies popularity and its useful. Public recognation wasn't a problem anymore because bitcoin and cryptocurrency can its own way to be known by all.

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October 23, 2020, 05:21:52 PM
 #55

I don't think that the majority of people think that Bitcoin is a illegal/scam. They more likely think it is too complicated or risky for them. Bitcoin is now more than 10 years old and nobody got scammed unless they participated in ponzi schemes, gambled or traded with insane leverage.  Cheesy

PayPal adopting Bitcoin is nevertheless another stone that adds to the trustworthiness of cryptocurrencies.
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October 24, 2020, 06:08:35 AM
 #56

No matter what other people may say against bitcoin, especially those non-believers, Bitcoin will always here to stay and will continue to spread all throughout the Universe. No one can stop its awesome features and profits, not even those who always think negative about it. Bitcoins bashers are only few compared to those who trusted to it nowadays, so it will never be shaken nor stop being the largest cryptocurrency.
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October 24, 2020, 06:28:26 AM
 #57

But in fact, many people don't know about bitcoin. those who want to try to dig up information about the benefits of bitcoin, have already found bad news about bitcoin (that's why some people think bitcoin is a scam).
This is the reason why I remain in the crypto space, because I believe that slowly cryptocurrency will become more recognized by the world and I believe the world needs cryptocurrency (especially bitcoin). currently paypal that accepts bitcoin and several other cryptos, maybe in the next few years there will be other companies that will provide space for cryptocurrency to enter into it.

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October 24, 2020, 06:28:29 AM
 #58

At least we have now a companion which is a big company that adopted bitcoin.

We can now have a valid argument to them that if they say that bitcoin is a scam. It's not actually bitcoin that they're talking about. But probably the scam company that they have encountered.

Or the scam company where they have wrongfully deposited their bitcoin.

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October 24, 2020, 07:17:38 AM
 #59

There are really people who think of Bitcoin as a scam even during the bull run years ago. That only proves that no matter how well known the digital currency because of legitimacy, it couldn't still please everyone. It's still us who believe in it will benefit from it and those who are doubting it will surely regret their decisions when Bitcoin will be adopted by more platforms and huge merchants.


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October 24, 2020, 07:26:06 AM
 #60

I think people that's say bitcoin or cryptocurrency are scam is because they are victims of pyramiding, doubles investment scam that use bitcoin or any other cryptocurrency that's why what we need to do is enlightening them to what is the realy use of bitcoin. And now that PayPal join in our community this is big change.
Not only because they were victims but most probably because of ignorance for others. Some really just don't know what bitcoin is truly about and just basing their ideas on what they see or what they hear and not on what they should know.

I'm just glad PayPal did this. They are a well-known name and with this, let's all hope that many will turn their heads and have a change of heart about bitcoin and other cryptocurrency.


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