Let's Say Bitcoin is scam

[manfredmann]

Not really, bitcoin is an asset like gold. The value of it determine by the exchange that has happening between fiat and bitcoin. Basicallt, if bitcoin could be traded kr exchange to fiat then bitcoin will have now its value like gold. The better demand from it the higher market price it will get to bitcoin. So, do not underestimate the bitcoin system and its value which is more than 13k at the moment.

[noorman0]

If bitcoin is a scam, who cares? people will stay on the enjoying line of this scam for a long time and it won't collapse. After all, if bitcoin is really a scam, who should we put in prison, who should return as much money as market cap to the early investors?

Satoshi never keeps your money, never promises returns hundreds of times the rate.

[Peanutswar]

If Bitcoin is a scam why it takes and reaches this a lot of years into the world of industry?
This is the common mistake of the newbies if someone scams them with the name of the bitcoin the thing they all of the different things relayed on the bitcoin is just a scam.
It's better if you want to join the bitcoin community you just need to keep aware of the possible risk you will take.
I've been almost a year into the part of the bitcoin and still, right now I didn't experience losing something because I know what are the possible challenges that might encounter.

[Karartma1]

I have never thought for a single moment that bitcoin was a scam or a Ponzi scheme. It requires a bit of intelligence to understand the many different intricacies of the bitcoin world, I know that. When you get how it brilliantly uses economic incentives, game theory, energy consumption to secure the network and fixed supply you could never believe it is a scam.
Go and read the whitepaper, that's all in there.

[YOSHIE]

Take two questions only, the others watch.

Let's just it is scam

Has not crossed my mind, maybe for people who are disappointed, because they lack knowledge of how to trade, but not for me.

Let's say its scam we know today so how long we have time until it collpse?

You have read history (thomas alva edison), he is the inventor and maker of the incandescent lamp, which is used for lighting all over the world, never collapses, although now there are many other models of lighting lamps.

Bitcoin was created by satoshi to illuminate the economy of people in the world, although at present many are similar to Bitcoin, Bitcoin never collapses, like an incandescent lamp to illuminate society.

[shoreno]

If Bitcoin is a scam why it takes and reaches this a lot of years into the world of industry?

because the scamer is verry greedy and wants to pull off a big time scam . on the past there are long running scams that are reported , it also take alot of years before people know that they are investing on a scam asset but lets hope that btc is not the same as that and so far there are no solid signs that tells that btc is a scam .

This is the common mistake of the newbies if someone scams them with the name of the bitcoin the thing they all of the different things relayed on the bitcoin is just a scam.

what are that things that are related to btc ? coins with a btc name on it ? not altcoin that have a different name , blockchain , etc although some of them are part of the btc but some of them are not scam . blockchain for example because its only technology in order for btc to work

[Wesleyeric]

Nobody has the right to decide the nature, We just need to continue with the bitcoin activities.
What ever that comes out is the best at time. We have been doing this, nobody should call bitcoin a scam ok,nobody knows the next thing that happens tomorrow. Let just continue and never to give up, bitcoin as a scam has nothing to do with your personal activities in your bitcoin wallet. Do what you want and don’t listen to any side talk anywhere.

[Dorodha]

Bitcoin is not a scam Bitcoin is one of the most popular currencies in the crypto market most traders do not choose Bitcoin to invest. Although Fiat is introduced in every country the demand for Bitcoin is higher than Fiat currency Currently with the rise in the price of Bitcoin the demand for it is doubling. the market collapses if the demand for Bitcoin is high, it will not take long for the market to rise. The crypto market for Bitcoin is improving bitcoin is not a scam but many people fall victim to scams when it comes to usage.

[FlightyPouch]

If it is then the people behind it will be done and we will not be having this conversation anymore. The word and idea of bitcoin will be covered in the depths of the internet and no one will ever know what it is although we all know it is not a scam and it is been going strong for a lot of years now. Let's just pretend I didn't say this.

[JuSayCo]

To say that Bitcoin is a Scam is the worst thing that you'll ever did. Why? Because it is Not. Think of all the growing numbers of people who keep on using and trusting bitcoin across the globe. Those people who keep on getting more profits despite the negative thoughts about Bitcoin. I think, its not right to always think that bitcoin is a scam where infact, we are still here in this platform...and it means that we are bitcoin believers and we earned from it. It maybe used by some scammers to implement their evil deeds but it cant change the way how we trusted it.

[Cratoon]

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!

That statement is rather absurd in itself. It's like claiming money is scam.
Bitcoin IS used in some rotten scam projects, but in the same way as fiat money is used.

[Yamust]

How can we say it is scam if many are believing on it and using it. As I read about bitcoin, it started a long time ago, and yet bitcoin is still existing, so how it can be happened that this is just a scam. I think bitcoin is not a scam but the person who using it to take advantage or to deceive others is the scam.

[KIZILAGA]

 if Bitcoin is scam,what is junk bonds and fiat money system?

[Gotumoot]

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!

You're one funny person.
Okay I would join your imagination and give you a nice answer to it,
Let's say that it is a scam does any scam project/schemes give out time to let us know when would they run?
Do you know any scam project or investment that told their investor about their time limit on how long would they give out profit to their investor before they run?

[Serious475]

 if Bitcoin is scam,what is junk bonds and fiat money system?

Fiat money system and occurance of Bitcoin mass adoption has their different advantages and disadvantages so we have to consider the factors of being advantage to each other. The advantage of fiat currency is we don't need to adopt but bitcoin has more advantage than fiat currency just like having a faster money transfer wherever you are, has a bigger wallet that can also make you earn and last is it is tradable it means we can earn using it.

[AniviaBtc]

Even in the worst case scenario, I don't think it will fall to the point of disappearing easily, as there will be a large group of fans who believe in bitcoin

I don't think that bitcoin will be eliminated easily even if it is a scam, many people will still be fooled by it.

But we are blessed that bitcoin is not a fraud, it is not a scam, we are really benefiting its advantages in the market. Many people are getting successful on investing to it although it is volatile in the market. I just can't imagine if this bitcoin is a scam because it has a lot of potential to become the best and the most used cryptocurrency in the world.

[proTECH77]

Anything that will become scam at the end always a sign facilitator will surely understand that a particular currency is a scam. Since 2009 many bitcoin user are still there impacting many people about bitcoin who it work and things to be avoid not to be disqualify from the forum. Assume bitcoin be a scam by now the currency would have been showing the users that the currency is a scam.
I think bitcoin can never be a scam according to my research concerning the creator of bitcoin which is Satoshi Nakamoto. Many facilitator have help many people to achieve their goal in bitcoin family which is still making other people have interest on bitcoin. With envidence many bitcoin investors have experienced which is many than 7 years.

[The Cryptovator]

The bitcoin ecosystem is fully based on the Bitcoin community. This is a decentralized cryptocurrency. So we can't imagine its scam, and we can't imagine what will happen if it's become a scam as well. I am not preparing what will happen after the scam, but I am preparing how I will accumulate more bitcoin for the future. Bitcoin is adopting continuously, and the community has been increasing rapidly. So even it doesn't come into my dream that Bitcoin will be a scam.

[Darkelf11]

How can we say it is scam if many are believing on it and using it. As I read about bitcoin, it started a long time ago, and yet bitcoin is still existing, so how it can be happened that this is just a scam. I think bitcoin is not a scam but the person who using it to take advantage or to deceive others is the scam.

Yeah I agree with you. How can people say that bitcoin is scam if they do not have evidence on their hands. If it is proven to be a scam then it should be shutdown a long time ago. Bitcoin is not a scam, but it is those people who use bitcoin's name or other crytocurrency coins to attract people and get money from them.

[ILuckyGuyI]

I don't even want to think that Bitcoin is scam. It sounds ridiculous to me. Bitcoin is the number one cryptocurrency in the market. It has a 11-year history. More people get to know about Bitcoin day by day. Bitcoin usage continues to increase. The number of Bitcoin ATMs in the world is increasing too. We also have many places that we can use Bitcoin as a payment method. In short, Bitcoin is the most powerful cryptocurrency and it seems that it will continue to be like that for a long time.