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Author Topic: Let's Say Bitcoin is scam  (Read 1850 times)
BitcoinGirl.Club
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November 03, 2020, 06:33:23 PM
 #21

Don't you guys think the fiat system is a scam?

All the currency around the world is backed by USD and USD backed by nothing. It used to be backed by gold though but when Richard Nixon decided to break the connection the entire fiat currency turned into jokes. Only a handful of the people have the power to print the money whenever they want and how they want.

Don't you think it's a crazy system and will break anytime?
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ChiBitCTy
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November 03, 2020, 06:36:38 PM
 #22

Bitcoin is definitely not a scam, the blockchain makes that virtually impossible.  However let's say that by some crazy way that it IS a scam, bitconnect is probably a pretty good example of how things would play out.  Most people would have such a hard time making withdraws , exchanges would be frozen for days, it would take a while to cash out and most people would lose a substantial amount of money.

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November 03, 2020, 06:48:10 PM
 #23

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!
Okay, let's say it's a scam. At the same time you have to consider that if it's a scam, there are a lot of businesses and services built around bitcoin. For example, mining companies, exchanges, etc. There is ton of money behind it, really a ton of money and a lot of employees. Turning of bitcoin into scam = turning of banks or Paypal or amazon or ebay into scam. Do you think such things will ever happen? If we consider the structure of bitcoin, how do you think that it will turn into a scam projects? Especially when it's decentralized and not a centralized.

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uray
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November 03, 2020, 07:00:50 PM
 #24

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?
Lets assume that this question is stupidy to the maximum, can we assume and correlates to the fact that the author is stupid as well Tongue.
Even if you want to assume that bitcoin is a scam, why here Roll Eyes.

Just humble speculation Let's play out the worse case scenario hope for the best prepare for the worse!
If you want to speculate the worst case scenario is that we will see a huge correction, i am all for that no worries and if someone is dumb enough to do anything with the coins they hold then it is their fault.
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November 03, 2020, 07:13:16 PM
 #25

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!
How can?
You are trying to change everyone's mindset about the worse situation about bitcoin and that is not the solution, everyone has a strategy for overcoming bad situations but they wouldn't say bitcoin is a scam. Please answer, bitcoin has hit a low price in 2019 but how many people have complained about losses because of it?
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November 03, 2020, 07:28:11 PM
 #26

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 understand that this is just a mere speculative discussion but let avoid creating similar discussion in the future as it serves no benefits to the forum nevertheless, if bitcoin was to be a scam, it won't have survived upto this level, none of them do. They all end in the soonest time possible especially so they can cook up another similar scam to continue their defrauding.

Then assuming it was able to survive all and have made it to this point then we should all know the bubble is getting ready to burst at any time possible but since that ain't happenjng as a result of the authenticity of the project, we just have to keep supporting and believing.

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November 03, 2020, 07:42:19 PM
 #27

with the billions of bitcoin users around the world and other are in different timezones or let say others are busy , it will take more than 24 hrs before the total collapse happen . those who are early to know can sell to early and can still get some profit but late sellers are going to suffer on losses .

but who are going to start the scam ? satoshi will show up and say it was a scam and exchange will delist it ? because there are random people that say btc was a scam before but btc still didnt collapse .
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November 03, 2020, 07:48:40 PM
 #28

Bitcoin is never a scam. Are you insane or out of your mind? As long as people trust bitcoin, it is worth on this planet and no one can replace its position. So, stop saying nonsense things on the forum. You are so annoying
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November 03, 2020, 09:23:46 PM
 #29

Just put OP on ignore.  Attempting to decipher their obnoxious posts kills brain cells.  Every topic they've ever posted is trash.  They're never going to make any worthwhile contributions to the forum.

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November 03, 2020, 10:03:37 PM
 #30

I think you should know some type of scam involving bitcoin. 1.  fake exchange. 
2.Phishing: Cammers using phishing methods will redirect you to a fake page that looks like an official website belonging to a trusted company. 
3.Ponzi schemes, Pincoin from the Philippines and Onecoin which are proven ponzi schemes are two examples of major scams in the cryptocurrency world.
4. fake bitcoin wallet. 
5. Fake cloud mining. 
Have you ever experienced that type of thing? I think you should not say bitcoin is a scam if you never experienced that event.
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November 03, 2020, 10:06:32 PM
 #31

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!
Bitcoin its not scam period.
How do you know it is a scam ? Ever since I enter in crypto some of my friends said bitcoin was not a scam and even me because we earn in bitcoin by trading or investing.

The only thing they called a scam are those people are no belong in crypto but they using the name of bitcoin for doing some bad or for scamming people are want only easily money.
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November 03, 2020, 10:30:57 PM
 #32

Until whenever Bitcoin remains legit, so I can't imagine that Bitcoin is a scam. I think forget to think that Bitcoin is a scam,
because it will never happen. Only people who lack knowledge of Bitcoin think Bitcoin is a scam. If we think about the worst
case scenario that will happen to Bitcoin, maybe the price could drop back to the price of $ 5000. Although the possibility is
very small, if you look at the price right now that continues to rise. But we can make preparations using the stop-loss feature
that will save us from experiencing big losses.

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November 03, 2020, 10:41:45 PM
 #33

No matter how bad it gets, I don't think it's going to fall to the point off disappearing, it always bounce back stronger and better, and also stop calling  bitcoin BTC a scam , cus its not one, for over 11 years now it has been up and standing strong and keep proving the critics wrong, 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. Huh

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November 03, 2020, 10:54:17 PM
 #34

How can someone say that software is a scam?
Bitcoin is open source and does not contain malware.
It is a system that uses nodes around the world to validate transactions and it is the most decentralized network humanity ever had.
There is no one taking the decisions alone. It is a system of communication inside a consensus based governance.
All of these should convince you that bitcoin is not a scam but from what I see you have a clear picture of what is a scam and what is not already and you are just trying to justify your actions.
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November 03, 2020, 10:57:54 PM
 #35

Just put OP on ignore.  Attempting to decipher their obnoxious posts kills brain cells.  Every topic they've ever posted is trash.  They're never going to make any worthwhile contributions to the forum.

+1

He keeps on making the same threads like:

People Say btc is Not ponzi but its look like ponzi
https://bitcointalk.org/index.php?topic=5280498.msg55330235#msg55330235

What are his motives? He reveals some of them.
We are all btc Community but most are poor and broke only few fat cats with their bitcoins.

Really I dont see Nothing good or useful of btc.

OP didn't buy BTC and witnessed a recent pump. Is that anger of someone who feels like he missed the train? Is OP a sore loser?  Wink

Envy isn't healthy OP, just find something you like doing and do it!
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November 03, 2020, 10:59:10 PM
 #36

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!
Many people are emphasising that bitcoin is scam but from my perspective bitcoin never be a scam  because if bitcoin is totally a scam its obvious that all cryptocurrencies are scam and also a fiat currency its also a scam of highest order, and no one should look at bitcoin because it's very influential and tagged it as a scam.

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November 03, 2020, 11:13:17 PM
 #37

Funny how you come here and accuse bitcoin probably because you were told that you'll make lots of money from bitcoin. You know it very well that bitcoin is not a scam but no, you won't listen to yourself. This has always been a problem. People are being told different stories about bitcoin. The true story remains that bitcoin is not a means of making money. It is money; a means of making payments. If you look at it this way, you'll see.

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November 03, 2020, 11:32:39 PM
 #38

As I have seen the following feedback about bitcoin, all I can say that people did not see btc as a scam. It is a digital currency that provides transparency and decentralisation. Bitcoin becomes scam when you buy it on fake exchange or somewhere else and stored it. There are many scammers around this industry but for bitcoin, it is impossible to become scam.

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November 03, 2020, 11:59:18 PM
 #39

You do not have to think or assume that Bitcoin is a scam for there are already lots of people including different governments have think of that towards Bitcoin but still they do not have any proof to state that their claim or argument is good to be true. Those were only here says and opinions for the fact that many of us are still here just only because we know the truth behind those lies and we are the living proof of how real and reliable Bitcoin is. The misconception of people towards Bitcoin is locking them to discover and explore the reality about Bitcoin not being a scam but a real deal. That information is only for those who are willing to understand it.

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Mr.sprin
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November 04, 2020, 02:16:09 AM
 #40

many people think bitcoin is a scam and they don't know bitcoin has only heard of negative issues, the current reality is that bitcoin can be profitable and bitcoin can obviously be exchanged for fiat, what they say Boitcoin is a scam can not prove the truth.

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