Let's Say Bitcoin is scam

[nelson4lov]

Let's just it is scam
How Long from Today we have left until Bitcoin will be done?

Bitcoin will be done? done with what when it's just getting started, we are still in the early stages bitcoin is just 11 years old now, so we can't say bitcoin its done yet, and stop labeling bitcoin as a scam cus it's not, I have been seeing several posts on this forum from newbies and it's obvious you guys don't get the concept behind bitcoin, I think its high time people like you leave the technology for those who believe it.

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

I disagree with you mate, there's no way bitcoin is ever going to collapse, no matter how bad it gets, if it was going to collapse it won't be around till today, this is just the beginning.

[tanjiran]

Anything can happen.
preparation for the worst-case scenario is a good strategy, it makes us aware that everything comes at a risk and we have to prepare for it with another plan.

This decade has provided ample evidence that bitcoin is legitimate and promising, despite its high risk. At least if we can use the right timing to enter and exit the market then we can make a profit. Moreover, the adoption of bitcoin has become more widespread, many people are aware that bitcoin can provide good opportunities and be an effective alternative in the financial system.

Well, even if it's a scam, what can you do? that's the risk. the principle is never investing more than you can afford to lose

[7788bitcoin]

after all nobody promised you "buy 1 bitcoin and get 2 bitcoins free" kinda thing, it's your choice tho, so if you still think or feel it's a scam, fine that's up to you, you can leave it for us who are the believers.

I agree with your assessment, the stupid people that claim bitcoin is a scam fell for doubling ponzi schemes that promises to multiply the coins in a short period of time and and then calling out bitcoin as the culprit when they do not identify their foolishness other than that how could anyone make any claims like that.

 

Just humble speculation Let's play out the worse case scenario hope for the best prepare for the worse!

Don't be stupid with your investment and everything will be fine. This is not the case with bitcoin alone but it is the same with other financial assets as well.

[ghost424]

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!

If that situation happened, most Whales would instantly sell their savings since somebody proved that Bitcoin won't be usable and labeled as a scam.

That is a situation that would only happen if they proved that Bitcoin is a scam. However, things would not go like that since most users are still using and proving that Bitcoin is essential for their financial help.

[pinggoki]

For the past 7 years, many people are saying that the bitcoin is scam just because there are some people who are using it for some illegal activities so that bitcoin has been built a negative feedback to the people, but now that people are getting open minded with the internet things and what this so called bitcoin is they are establishing the good and positive feed back about this.

Let's just it is scam
How Long from Today we have left until Bitcoin will be done?

If bitcoin was a scam then probably from the past years there are so many news that has been reported this as a scam but no one does, if ever there was then probably they just use bitcoin as a front to scam people not necessarily that the bitcoin is a scam.

[Kong Hey Pakboy]

Let's just it is scam
How Long from Today we have left until Bitcoin will be done?

If bitcoin was a scam then probably from the past years there are so many news that has been reported this as a scam but no one does, if ever there was then probably they just use bitcoin as a front to scam people not necessarily that the bitcoin is a scam.

Indeed. If bitcoin were a scam, no one would probably buy bitcoin, and it has never helped other people become wealthy by investing their money in it. If bitcoin were a scam, no one would probably use cryptocurrency to deceive or scam people; the only reason why people used bitcoin in their illegal activities because it has a good value.

[vlast01]

Let's just it is scam

Then lets say bitcoin is scam.. Do you think no one will notice it from the earlier year of its existence? As of now there's no way for Bitcoin to be a scam due to the existence of cryptocurrencies.

How Long from Today we have left until Bitcoin will be done?

Well if ever bitcoin will be discovered as a scam even if its impossible their are slim chance for bitcoin to lost its value on the market, because there are plenty of people who already hold a huge amount of it and most of these hodlers are bigshot/have a great reputation and power to change fraud to legit and fake to real.

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

As I mention above I think there's no possibility for a bitcoin to collapse it may drop its price but it will never die or disperse.

Just humble speculation Let's play out the worse case scenario hope for the best prepare for the worse!

[sapnu]

Bitcoin is successful and well-known bitcoin is recognized by the world as a digital currency whose price is so fantastic that even bitcoin is called the king of alcoin. I don't think Bitcoin deserves a scam rumor.

That is because bitcoin has so many benefits to the users especially the payment method wherein they can send money all around the globe by using only their gadgets and with an internet connection, less hassle, more secure. This is also an investment to some people who really want to earn by just learning some techniques on how they can support a certain project and by supporting that particular project they can gain income. That scam rumor only comes to those who tried investing and unfortunately supported a scam project, so they are thinking that bitcoin itself is a scam which is not true.

[Twentyonepaylots]

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.

Lacking of fundamental knowledge about bitcoin will make the people call it a scam lol this is where " we are afraid of what we don't know" saying goes. Bitcoin isn't a scam, and will never be but people can scam using bitcoin and you should know it since you have been part of this forum in a while. Creating threads like this is pointless.

Better know what decentralization is, and how it won't be a scam.

[Genemind]

If Bitcoin is a scam, we wouldn't be here talking about it at the moment. In wouldn't go this far if it's a scam. It has passed all the tests of time so I believe that its foundation is now too strong and it wouldn't be ending that easy. It has proven us a lot and that's also the reason why it's developing continuously and being adopted by different platforms.

[Fatemablabla]

Do you know what I will say? I will say no, bitcoin is not a scam. I will say the people who say bitcoin is scam is the real scammer -_- don't get offended.
I like the bitcoin ecosystem and it's decentralisation. I don't think any other thing in the world can maintain a good decentralised ecosystem like bitcoin. It's an asset, so price up down is a common things for it. And it doesn't means bitcoin is a scam.

[Latviand]

Everyone can say bitcoin is a scam, but as Linux Torvalds says "talk is cheap, show me the code"...

If you prove that bitcoin is a scam then it will instantly collapse, but since no one can prove it, then it will not happen. The code behind the coin is what proves it fairness. So, you can try if you want but is a game where you will lose.

Yes, for those who are not familiar with it, they will call bitcoin a scam.

People say that an ignorant people will hate a certain thing that they are not knowledgeable about especially if it doesn't benefit them.

There are a lot of people who are against it because they think that it is only a fraud, but little did they know that it is really a good source of profit once it is in a good price. If you challenged bitcoin with that kind of mindset then you will probably fail.

[Krislaw]

It's 12 years since Satoshi released Bitcoin whitepaper and since then, the numbers of believers have been increasing. Which turns out that it's good.
Cryptocurrency is freedom, and who doesn't?
Decentralization isn't scam. It's open source. It's the best gift. Only a person without proper understanding will think it's a scam.

[ostrogoto2012]

In my opinion everything could be a scam, even bitcoin, bitcoin was born as a decentralized cryptocurrency ,now many things have changed since 2009, the spirit of bitcoin is no longer the same as when it was born, now it has become a very speculative cryptocurrency. Many sniffed the deal and threw themselves in.

[erikoy]

In my opinion everything could be a scam, even bitcoin, bitcoin was born as a decentralized cryptocurrency ,now many things have changed since 2009, the spirit of bitcoin is no longer the same as when it was born, now it has become a very speculative cryptocurrency. Many sniffed the deal and threw themselves in.

Well if you talk about scam then there are many scam here worst than bitcoin. However, I can't say that bitcoin is scam because people are exchanging it with their fiat and that how bitcoin market was decided. Bitcoin became like a gold and that like an asset. If anything that is connected to fiat currency that thing will have the value already. This is the reason why bitcoin too became volatile. And when you check the bitcoin feautures then we can say that it has a good feature which you can take advantage.

[Twinkledoe]

It's 12 years since Satoshi released Bitcoin whitepaper and since then, the numbers of believers have been increasing. Which turns out that it's good.
Cryptocurrency is freedom, and who doesn't?
Decentralization isn't scam. It's open source. It's the best gift. Only a person without proper understanding will think it's a scam.

And that is indirectly saying that the OP has no proper understanding.  If you will look at his post history, he has some bitterness to bitcoin or crypto but wonder why he is still here wasting his time, if he doesn't believe in bitcoin. Anyway, we don't have to assume that bitcoin is scam because it is not. Plain and simple.

[kawetsriyanto]

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

Why we must say it is scam? We have no reasons to claim it a "scam".
You are stupid if calling it is a scam just thinking someday the Bitcoin may collapse. Everything has an end and Bitcoin probably won't survive a long time. But this is a general thing, not a reason to say something a scam based on the fact. IMO, you speak carelessly without thinking much of the proofs or strong reasons first.

Let's play out the worse case scenario hope for the best prepare for the worse!

Not sure about what you state above! Sorry, I don't really understand what you mean exactly.
But surely no one must spend all their money to invest in Bitcoin. Everyone must know if it is a high risk of crypto investment, then I believe if everybody here already plans everything before they join it. It is a fundamental thing in crypto investment!

[Krislaw]

It's 12 years since Satoshi released Bitcoin whitepaper and since then, the numbers of believers have been increasing. Which turns out that it's good.
Cryptocurrency is freedom, and who doesn't?
Decentralization isn't scam. It's open source. It's the best gift. Only a person without proper understanding will think it's a scam.

And that is indirectly saying that the OP has no proper understanding.  If you will look at his post history, he has some bitterness to bitcoin or crypto but wonder why he is still here wasting his time, if he doesn't believe in bitcoin. Anyway, we don't have to assume that bitcoin is scam because it is not. Plain and simple.

Member like OP are very easy to spot. I didn't even check post history. It's just bad energy coming from OP. Guess OP had a bad experience lately.

In my opinion everything could be a scam, even bitcoin, bitcoin was born as a decentralized cryptocurrency.

Does this mean you're in support of OP that bitcoin could end up being scam?
If Bitcoin is scam, then what about the fiat? What about the financial system?
Decentralization is the best thing to happen in this century.

[peter0425]

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 and not Bitcoin? 

But the opposite when many say scam.  precisely from Bitcoin, many people who WFH can make money.  because many out there were fired from companies due to the economic impact during the pandemic.  And I'm grateful that from crypto I can still survive

it is not because you can make money from bitcoin but the utility use of these currency that can save us from the pandemic.

and also the option of making this coin as asset to be hold for long term.

[blckhawk]

Let's just it is scam
How Long from Today we have left until Bitcoin will be done?
Just humble speculation Let's play out the worse case scenario hope for the best prepare for the worse!

Let's say that Bitcoin is a scam (which technically not) then I think this will leave a devastating result on everyone not only on every single individual but also on those big corporations who already adopt this technology, in short everything will be messed up. However, it is clear that Bitcoin was not a scam because if it does then it will have been discovered by someone else before.
Bitcoin was once received a lot of criticism before that it is fraud and just a scam, creating a FUD all over the market but look at it now everyone is eagerly going for it.

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 collapse?

No one knows, did anyone predict that Bitcoin will go beyond and will set its ATH at $20k? Therefore, we also don't know when it will collapse.