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Author Topic: Thinking Bitcoin is Scam  (Read 853 times)
TIDOVEE
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October 28, 2020, 02:54:09 PM
 #121

We, bitcoin users are pretty sure that bitcoin is not a scam, bitcoin is real, I don't blame those who see bitcoin as scam because, that's their distance view, most of them are thinking it as Ponzi that will soon run away with their investments. There are so many scam investment that has polarized the world and this has affected so many minds, making the real blur.
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October 28, 2020, 03:01:21 PM
Merited by Viscore (1)
 #122

Bitcoin is just a scam for those who don't want to change their lives and those who ignore opportunities. I called myself one of those before but I realize that I was certainly wrong, I've opened up my mind, and finally, I was truly amazed about Bitcoin.
The negativity of our minds is our first enemy and it brought us nowhere. If we would like to change, as I did, there are no regrets because we decided to invest in Bitcoin but instead, regrets ourselves because we wasted a lot of time on nonsense things before and ignored this great opportunity.

R


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October 28, 2020, 03:18:09 PM
 #123

The should be said, those without a little knowledge about this Bitcoin will continue with this slogan of calling Bitcoin scam. Don't blame them for this because they lack the needed understanding which will give them the true nature of this technology, sometimes ago a friend called me to explained how this tech never agreed with some terms in the world of currency but with little orientation from me he was able to see light at the end of the day.

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October 28, 2020, 03:22:26 PM
 #124

Just came across a reddit post which also mentioned this. To be honest, those who are advocating against btc are themselves crooked scammers. They hate btc but support the banking system lol.

These are vested interests.
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October 28, 2020, 04:36:02 PM
 #125

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 are reasons why some people think bitcoin is illegal. Like my parents who are born before the internet, they think it's a scam because it's not tangible and can't be used somewhere. I can't blame them because even if you explain it to them, they will find it difficult to understand. There are others too who become a victim of a scam so they only think of bitcoin as a scam. We should not be gatekeeping or belittle those who hate bitcoin instead we should enlighten them that it is not and it has a lot of benefits in the future.

That's actually an opportunity to teach them but it would be hard since they would have a hard time how Bitcoin is useful as of now. We can't blame them for not knowing something new since their generation is different from ours. I also do not like belittling people who calls Bitcoin as a scam but I actually wanted them to have the opportunity to talk to them about why do they think Bitcoin is a scam. They might have other friends that are scammed with investments opportunity with Bitcoin but taught wrongly regarding topics about investments which is sad and might really place people under a wrong understanding on how Investments on Bitcoin works.

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October 28, 2020, 08:14:51 PM
 #126

I think illegal and scandalous things are completely different. No one has been able to control or modify Bitcoin individually, So those who have little idea about Bitcoin Many of them may think that Bitcoin may be scammed in the future. You can make your own money by associating yourself with Bitcoin if you want and many people are doing it. Bitcoin's scandal has not been created yet. However, some countries have not yet approved Bitcoin, so Bitcoin is illegal in all those countries. And it is very inappropriate to mean a scam .

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October 28, 2020, 08:38:57 PM
 #127

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.

Bitcoin is a very good alternative to fiat money. Yes, it is volatile but people choose Bitcoin to use it because of its decentralized system and being easy-to-use. I think Bitcoin proved itself long time ago. But there is some people who still thinks Bitcoin is scam. I hope they will learn Bitcoin in a nice way and stop trying to blemish it.

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October 28, 2020, 08:58:53 PM
 #128

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.

Bitcoin is a very good alternative to fiat money. Yes, it is volatile but people choose Bitcoin to use it because of its decentralized system and being easy-to-use. I think Bitcoin proved itself long time ago. But there is some people who still thinks Bitcoin is scam. I hope they will learn Bitcoin in a nice way and stop trying to blemish it.

Sooner or later they would really able to realize on Bitcoins good side specially when its already flying out with colors or in full adoption scale.

Feeling of regrets? that would surely happen on someone that will be having thoughts that he had missed out lots of opportunities on making money.

Lets accept that majority is really interested on how to make bucks rather than on its true usage or utility.

R


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October 28, 2020, 08:59:10 PM
 #129

As we know as a crypto Community most of people's think that a Bitcoin (any crypto currency) is illegal and scam.
i don't think this is true. most people don't even know about bitcoin and those who do mostly are afraid of it because of the volatile price. the days of people thinking it is a "scam" are long gone.
Oh no, those days aren't gone. I know a person who graduated in Business Administration in Harward in 2016, has an enormous experience in the financial field but believe it or not, she thinks that bitcoin is a scam and pyramid scheme. People dream to study in Harward and idk if these are the conclusions that they make after getting so high-quality education. And to be fair, there are a lot of people who think that bitcoin is scam. Also, at the same time most of them have no idea what the hell are altcoins and people even don't know that there exists bitcoin forks like bitcoin cash and others.

The fact that PayPal implemented cryptocurrencies will make people believe that bitcoin is not an evil thing, that's the pros of it, otherwise I don't see much pros because of personal reasons and opinions around this task.

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October 28, 2020, 11:29:57 PM
 #130

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 are reasons why some people think bitcoin is illegal. Like my parents who are born before the internet, they think it's a scam because it's not tangible and can't be used somewhere. I can't blame them because even if you explain it to them, they will find it difficult to understand. There are others too who become a victim of a scam so they only think of bitcoin as a scam. We should not be gatekeeping or belittle those who hate bitcoin instead we should enlighten them that it is not and it has a lot of benefits in the future.
In that case, knowledge beats ignorance. Gine are the days where "old dogs can't be taught new tricks" because ypu have to ride the wave to survive. Just because you have no idea of how it works you'll be condemning the whole idea and the product. That's not how it works. We have the internet for that which I'm sure even old people are able to use with relative ease. DYOR, that's the best treatment and measure to ensure that you are on the right track.

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TimeTeller
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October 28, 2020, 11:35:06 PM
 #131

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 are reasons why some people think bitcoin is illegal. Like my parents who are born before the internet, they think it's a scam because it's not tangible and can't be used somewhere. I can't blame them because even if you explain it to them, they will find it difficult to understand. There are others too who become a victim of a scam so they only think of bitcoin as a scam. We should not be gatekeeping or belittle those who hate bitcoin instead we should enlighten them that it is not and it has a lot of benefits in the future.
In that case, knowledge beats ignorance. Gine are the days where "old dogs can't be taught new tricks" because ypu have to ride the wave to survive. Just because you have no idea of how it works you'll be condemning the whole idea and the product. That's not how it works. We have the internet for that which I'm sure even old people are able to use with relative ease. DYOR, that's the best treatment and measure to ensure that you are on the right track.

The media has major role why bitcoin or crypto is deceived to be in the negative side.
Most people don't do their own reading towards crypto, so whatever is laid out by media, they thought is true.
And now, with the integration of one of the popular networks, which is PayPal, a lot will change their stance towards crypto.
That it is not only used for illegal activities or by terrorists, but a legal entity is now openly promoting the usage of crypto.
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October 28, 2020, 11:56:05 PM
 #132

It happens to most people in my country, thinking Bitcoin and crypto as a scam, something illegal, and also something worst because itis used for crime.

But for now, we are so relieved because the government has legalized Bitcoin and also other cryptocurrencies as digital assets and there is the law about it. So, we can get into the crypto world more easily.

However, sometimes, many people that do not like BTC will always say that BTC is a scam, BTC is worst, and better to buy Gold than BTC. Moreover for they have bad experiences with BTC such as scammed and also lost their funds on trading. It will be different.

..But Now Paypal officially integrated inbuilt features to buy/sell Bitcoin , Etherium , USDT and etc. ..
Well yeah, actually this is one of the good news that happens these days. Many people around the world have been using PayPal as a method of payment transactions. ANd many people trust PayPal most. that is why it really gives a positive effect on Crypto when Paypal announced that great news.


R


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October 29, 2020, 01:43:46 PM
 #133

Bitcoin is not a scam And it is right that you take your time testing the platform before you trust it. Bitcoin is known to be a legit and trustworthy platform that helps you make money by Bitcoin trading. The settings are flexible, allowing you to make good money.
ReLieD
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October 29, 2020, 02:02:11 PM
 #134

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 are reasons why some people think bitcoin is illegal. Like my parents who are born before the internet, they think it's a scam because it's not tangible and can't be used somewhere. I can't blame them because even if you explain it to them, they will find it difficult to understand. There are others too who become a victim of a scam so they only think of bitcoin as a scam. We should not be gatekeeping or belittle those who hate bitcoin instead we should enlighten them that it is not and it has a lot of benefits in the future.
In that case, knowledge beats ignorance. Gine are the days where "old dogs can't be taught new tricks" because ypu have to ride the wave to survive. Just because you have no idea of how it works you'll be condemning the whole idea and the product. That's not how it works. We have the internet for that which I'm sure even old people are able to use with relative ease. DYOR, that's the best treatment and measure to ensure that you are on the right track.

The media has major role why bitcoin or crypto is deceived to be in the negative side.
Most people don't do their own reading towards crypto, so whatever is laid out by media, they thought is true.
And now, with the integration of one of the popular networks, which is PayPal, a lot will change their stance towards crypto.
That it is not only used for illegal activities or by terrorists, but a legal entity is now openly promoting the usage of crypto.

I completely agree to your point here but we should also consider that bitcoin is the most private way in which people carry transactions. We should also consider the fact that the Bitcoin is also an investment asset and many people out here completely rely on it too.
When it comes to the word scam, it completely depends on the person with whom a guy is currently trading bitcoins with. You need to have enough info before u actually go first in a trade. Most people usually mess up by acting fast and not having enough info about the trader.

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October 29, 2020, 02:13:39 PM
 #135

Peoples views had changed a lot because of the wider and bolder range of bitcoin adoption in any places across the globe. And now that PayPal had added a great additional features which is attracting more investors to buy in their platform with all the convenience it offered, it would definitely a more big boosting points to Bitcoins popularity in the market and in the mainstream world. I strongly believe that Bitcoin will continue to grow bigger and wider as the years goes by.
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November 09, 2020, 01:37:01 PM
 #136

Bitcoin can never be a stunt. The people who oversee stunts have no data on bitcoin and their country has not been legitimized. Associations that have placed assets into it can moreover be deluded the crypto market Bitcoin's first right on the money the rundown. Bitcoin has no negative impact on its usage and trades are immeasurably improved if the crypto market isn't consistent whether or not there is a qualification in cost if the premium forms bitcoin will increase again. The people who have caused an advantage by placing assets into Bitcoin can never think of it as a stunt.
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November 09, 2020, 02:46:28 PM
 #137

Bitcoin is a digital assets, which is a very legitimate business across the nation, and bitcoin is a price movement, which really need to understand the price range to invest on the any given exchange. Therefore bitcoin is a real money, not scam.
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November 17, 2020, 01:23:25 AM
 #138

Since I invested in bitcoin, I have been ready to accept all forms of risk so that the information that supports the existence of bitcoin makes me motivated and keeps trying to maintain time efficiency in getting results and always hope bitcoin will be more advanced in various parts of the world in the future

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November 17, 2020, 05:22:10 AM
 #139

Since I invested in bitcoin, I have been ready to accept all forms of risk so that the information that supports the existence of bitcoin makes me motivated and keeps trying to maintain time efficiency in getting results and always hope bitcoin will be more advanced in various parts of the world in the future

Bitcoin is clearly going to be more advanced and almost all countries are familiar with bitcoin and its actions, but maybe there are still some who have not been able to accept it with much consideration and it is not easy to determine the regulations that will be carried out if bitcoin is accepted as a legal means of exchange. usually bitcoin is accepted as crypto trading in general and is not directly connected to banking and that does not matter, meaning bitcoin is still recognized.

I appreciate yourself that you always believe and support the totality of bitcoin and believe that bitcoin is a very profitable investment. bitcoin is of course very interesting now because it is in a period of movement to increase and at least don't miss holding bitcoin so you can enjoy a period of sharp increase.

This will open the eyes for anyone who has underestimated bitcoin that bitcoin can contribute to its holders and is not a dream and might make you disappointed, that's not true.
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November 17, 2020, 06:20:12 AM
 #140


Quote
But Now Paypal officially integrated inbuilt features to buy/sell Bitcoin
unfortunately that is not proof of anything. case and point they added shitcoins alongside bitcoin. for example we all know bcash is a fraudulent project, ethereum is centralized and mutable, Tether is owned by a shady company that has never been able to prove the tokens they keep printing is backed by actual USD,... and yet they added them to their platform just like any other cryptocurrency exchange would just for the profit.
  In my opinion Paypal doesn't exactly do everything for profit. If they thought about profits in the first place, why didn't they choose Bitcoin early? I think they went through the analysis of the crowd's needs as well as Bitcoin to make this bold decision.
We all know Paypal is the most reputable international payment channel and they must also choose reputable currencies to serve their platform. Therefore, providing the service of buying / selling Bitcoin is also an indirect way of saying that Bitcoin is reputable.

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