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Author Topic: Let's Say Bitcoin is scam  (Read 1846 times)
jaytw
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August 30, 2021, 01:35:12 AM
 #141


The only thing I'm preparing for is hyperbitcoinization.


What is hyperbitcoinization? Bitcoin was created in the Bitcoin forum. It is currently a zero-sum game in the investment world. However, it is only underdeveloped countries that pay more attention to Bitcoin. What is the scene of hyperbitcoinization? Can you explain it? Mr. MK4
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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big kid
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August 30, 2021, 10:52:41 AM
 #142

Lol. Pretty weird topic. BTC is not a scam. It's pointless to discuss it. And BTC is here for a long time. The worst scenarion for now is if a lot of whales will sell BTC and it will drop it's price. But it will come back at some point anyway.
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August 30, 2021, 11:09:52 AM
 #143

Let's just it is scam
How Long from Today we have left until Bitcoin will be done?
Let's say its scam we know today so how long we have time until it collpse?
Just humble speculation Let's play out the worse case scenario hope for the best prepare for the worse!

Lets say you are the scam?




promoting scam projects lol.

Bitcoin will never be a scam so there is no conversation to move on .

Bitcoin itself is not a scam but malwares that tricks you to sending Bitcoins to the hacker's address and quick rich schemes like Bitconnect are the scams.
Yes those are the scam and bitcoin was being use as a tool for their scamming , but bitcoin itself will never be a scam.

there are altcoin that scam but this 1st ranking coin is never come a scam.

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August 30, 2021, 06:23:36 PM
 #144

I think, at first, for those who don't know enough about bitcoin, yes, you might think it's a "scam", especially those who make their judgments based on negative news about the subject. When people start studying about it, when they research how it works, how many big companies are involved in this ecosystem and are studying the technology behind bitcoin and other assets, she will feel safer to make her investments. I think that just studying the subject and understanding the complexity of “digital gold” will be possible to demystify the idea that bitcoin would be a scam. But for now, the vast majority who are uninformed and do not study will only understand over the years with great regret for not having known bitcoin from the beginning.
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August 30, 2021, 06:37:54 PM
 #145

Scam is only to those people who invested on ponzi or hyip scams  which uses up bitcoin and when they do ended up on losing money they they would took the blame directly to bitcoin which is totally shit.

If bitcoin was scam on first place then this forum wouldnt exist and it wouldnt really last up a decade plus when it comes to its existence.Come to think off about its structure and total
relevance and utility then using up your common sense would tell you that it is totally non sense on saying its a scam.

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August 30, 2021, 10:23:09 PM
 #146

They have been speculating time and again that Bitcoin is a scam. It is not, and it will never be. Many of the Bitcoin maximalists here has stressed many many times that Bitcoin is not a scam and they have been proven many times that it is not so. These post and run tactics might be their vague attempt to get merit by writing something that can be sensationalized and be talked over and over, even though it has already been done many times before.

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grabpopcorn536
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September 01, 2021, 07:23:55 AM
 #147

If Bitcoin is a scam then miners, blockchain architects, traders, and even governments that regulate crypto are scammers. They are deceiving themselves. The argument that Bitcoin is a scam is false because Bitcoin's technology has been proven throughout the time Bitcoin was born and exists today. We need to let go of skepticism and believe in the technological value that Bitcoin brings.
If anyone can prove bitcoin is a scam then he will definitely get NOBEL in economics, math Smiley))

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September 01, 2021, 01:39:10 PM
 #148

There were many topics created about Bitcoin being a ponzi, being a scam, fraud and such.
People will always have something to say about anything which they don't understand. So if you know people who are considering this technology as one, then leave them be. We just cannot force everyone orto please them to appreciate the way we see Bitcoin and other cryptos because they won't get it. It is ofcourse, not. Those who are talking negatively have their own reasons and more likely one of those reasons are related to expectations which are not met. The idea of Bitcoin as an investment is easy profit in which we know that it is not. It would be okay to share your knowledge but forcing them will be nonsense if in the first place interest is already lacking.

Indeed. A lot of illegal activities are often forced to be associated with bitcoin by the haters that is why most people really think it is a scam, when in fact it is not. The majority are just not knowledgeable enough about it and do not accept to be educated on which is often the cause of the argument and the spread of fake news. At the present, we have so many ways to verify information that we heard or read online. It's just up to us if we will countercheck and see for ourselves if the things we knew about it were true or just lies. Bitcoin isn't a get-rich-quick type of scheme that most people claim it to be, hence, people should avoid that high expectation which is to get rich and profit highly quickly. It takes time. It isn't an overnight process. Patience, effort, strategy, and trust are needed to hold so that in the future, we will be able to harvest everything we've sowed.
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September 01, 2021, 02:02:06 PM
 #149

if someone says bitcoin is a scam, maybe people who say bitcoin is a scam, maybe they don't understand bitcoin, or maybe they are people who feel rivaled by the presence of bitcoin, because for me there is no reason to say bitcoin is a scam, because I know, if bitcoin is a scam, it's certain that bitcoin won't last long, and people definitely don't want to invest in bitcoin. But the proof is that bitcoin has been here for more than 11 years, and over time, many people have jumped into bitcoin, even the government. have adopted bitcoin..
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September 02, 2021, 06:03:02 PM
 #150

if someone says bitcoin is a scam, maybe people who say bitcoin is a scam, maybe they don't understand bitcoin, or maybe they are people who feel rivaled by the presence of bitcoin, because for me there is no reason to say bitcoin is a scam, because I know, if bitcoin is a scam, it's certain that bitcoin won't last long, and people definitely don't want to invest in bitcoin. But the proof is that bitcoin has been here for more than 11 years, and over time, many people have jumped into bitcoin, even the government. have adopted bitcoin..
If we are to assume that bitcoin is a scam (which it is not), we won’t still be able to know when it is going to end. Why? Because, you are not one of the scammers that owns it, they are the ones who would decide when they are to stop. If you have read about all these Ponzi scheme and the rest of them types of scams, you will come to know that some of those scams had to even run for years before people realized that they were scam.

And people only came to realize that, because the owners were not able to keep it going for long and then they get caught. So you can’t tell when it’s going to crash. But bitcoin is not a scam and it will never be.

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September 05, 2021, 01:28:22 PM
 #151

A word scam means to deceive trick used to cheat Specially Money. We not heared any news about Bitcoin scam. There are some scammers who scam Your money through Bitcoin. They tell you they are selling Bitcoin in half payment because they need money immediately and also use these types of sentences to convence you.

If Bitcoin was a scam, it would have never grown this big, if it was considered a big scam, like a fake crypto, just imagine the amout of crypto and cryptocurrency itself won't be this big today, or if Bitcoin was a scam, Ethereum would have been the biggest cryptocurrency today, that's the simplest answer you can get if your speculation about Bitcoin is a scam.
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September 05, 2021, 02:21:54 PM
 #152

A word scam means to deceive trick used to cheat Specially Money. We not heared any news about Bitcoin scam. There are some scammers who scam Your money through Bitcoin. They tell you they are selling Bitcoin in half payment because they need money immediately and also use these types of sentences to convence you.

If Bitcoin was a scam, it would have never grown this big, if it was considered a big scam, like a fake crypto, just imagine the amout of crypto and cryptocurrency itself won't be this big today, or if Bitcoin was a scam, Ethereum would have been the biggest cryptocurrency today, that's the simplest answer you can get if your speculation about Bitcoin is a scam.
How will Bitcoin be a scam and still top all other Cryptocurrencies? Some people are out there to poison the mind of Bitcoin Investors, so that they can panic and sell their bitcoin with the intention that Bitcoin is not legit. Which is a big lie, If Bitcoin is scam, can then did it gained popularity through out the world? Bitcoin is definitely a legitimate digital asset. It have been in existence for a long time, and it continue to grow.



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September 05, 2021, 02:42:00 PM
 #153

A word scam means to deceive trick used to cheat Specially Money. We not heared any news about Bitcoin scam. There are some scammers who scam Your money through Bitcoin. They tell you they are selling Bitcoin in half payment because they need money immediately and also use these types of sentences to convence you.

If Bitcoin was a scam, it would have never grown this big, if it was considered a big scam, like a fake crypto, just imagine the amout of crypto and cryptocurrency itself won't be this big today, or if Bitcoin was a scam, Ethereum would have been the biggest cryptocurrency today, that's the simplest answer you can get if your speculation about Bitcoin is a scam.
How will Bitcoin be a scam and still top all other Cryptocurrencies? Some people are out there to poison the mind of Bitcoin Investors, so that they can panic and sell their bitcoin with the intention that Bitcoin is not legit. Which is a big lie, If Bitcoin is scam, can then did it gained popularity through out the world? Bitcoin is definitely a legitimate digital asset. It have been in existence for a long time, and it continue to grow.
This thread is all about "what if" and none of them are really saying that Bitcoin is a scam.

But I agree with what you're saying: it was already legit before it became a popular cryptocurrency, based on the chain and the people that invested in it. So it's quite unlikely that bitcoin will be a hoax right now, given its big bull run and the large number of people who have invested in it. If bitcoin is a scam then no one will ever try to develop projects like ETH right now and people will get to afraid and avoid cryptocurrency forever.
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September 06, 2021, 12:00:08 AM
 #154

if indeed bitcoin is a scam then I don't think it will last long until now and not many people will want it. although there are many other profitable investments, bitcoin investment is still a coveted investment. Looking at the worst case scenario for bitcoin, we can see that the crypto market is up and down and that's a normal thing and it often happens in the crypto world, so we just need to be vigilant and careful. if we ourselves don't believe in bitcoin then how will we benefit from it, that's what I have in mind.

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September 12, 2021, 01:03:05 PM
 #155

Bitcoin has the most community, some media mention that there are more than 500 million bitcoin holders. This makes bitcoin have strong fundamentals. Bitcoin may collapse, but it will be accompanied by the demise of technology.

Its too late now to call bitcoin a scam. If anyone called bitcoin a scam in early days like 2012-2015, then people might believe in it, but now bitcoin is one of the major currency / asset of the world and no one can deny this.
After retail and institutions, now the countries are also adapting bitcoin. This shows major adoption in bitcoin.

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September 12, 2021, 03:47:43 PM
 #156

I think it's just an expression or a sign of feeling tired and feeling hopeless with Bitcoin price fluctuations, which is actually still showing the best side at a certain time, let's turn this towards a more optimistic direction than having to lower optimism. Bitcoin is still heading and gives bright hope for humans towards a more advanced life
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September 12, 2021, 04:03:06 PM
 #157

According to my millionaire friend, there's no such thing as legit in crypto currency. Read, study and learn, That's the best thing we can do before investing. Well, here in our country just 10% of the population believe in crypto, when I ask them let's invest in bitcoin all of them said Bitcoin is a scam. But in my mind Crypto is not a scam it's just you need to know how it works. Many in my country was scammed, it's because they invest in a person to do the thing, But betrayed them. That's why Bitcoin is a scam for people who don't know how crypto and trading works.
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September 12, 2021, 04:25:06 PM
 #158

Let's just it is scam
How Long from Today we have left until Bitcoin will be done?
Let's say its scam we know today so how long we have time until it collpse?
Just humble speculation Let's play out the worse case scenario hope for the best prepare for the worse!
I see your impasse and not enough positive thinking to see the problem here, It is not clear. That's speculation without ideas. Ponzi or bitcoin bubble was an explosion that happened like an accident that non-believers couldn't witness what happens to bitcoin today.

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September 12, 2021, 05:06:55 PM
 #159

Let's just it is scam
How Long from Today we have left until Bitcoin will be done?
Let's say its scam we know today so how long we have time until it collpse?
Just humble speculation Let's play out the worse case scenario hope for the best prepare for the worse!

What determines the price of BTC is the law of demand and supply. In addition, its price is also dependent on how people purchase it on the market. That is why, BTC has been associated as the new era's "digital gold" where people have been investing it for long-term.

The question is, is BTC a scam? I don't think so. With its price steadily increasing on the market and more establishments have been accepting it as an alternative currency, BTC won't be tagged as a scam anytime soon.

R


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September 12, 2021, 07:20:19 PM
 #160

It was only reasonable for someone to believe Bitcoin was a rip-off. That's a normal reaction, especially for those who aren't familiar with the specifics.
They only perceive incorrect assumptions or news that is based on falsehoods, not on facts. Bitcoins, on the other hand, have proven to be an essential component of the cryptocurrency industry over time. and debunking public falsehoods about the bitcoin fraud The fact that bitcoin is still the world's most popular digital money is confirmation of this.

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