Let's Say Bitcoin is scam

[Congyang]

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!

it's a joke of people who don't know the conditions of the crypto market.  they say it's a scam, scammer and others.  I think it has no effect on anything.  because there are more people who believe in bitcoin than those who don't like bitcoin

maybe because the market situation they are facing is different from the bitcoin market now. it's all because he made this thread in November 2020 which means the current state of the market is not better than now. I guess he regretted it after seeing the current market. Bitcoin will always be hype and people who say scams are people who fail to take profit of the crypto market

apart from that, there will certainly be many people who abuse their right of opinion when talking about speculation. it is true that there is no prohibition against this, but of course speculation must be accompanied by data and facts.
when they say it's a scam just because they saw a small correction happening today I don't think it makes sense to the results received during the increase from year to year.
when you look at the bitcoin chart in longer TF, it is clear from year to year that the increase continues to occur, then where is the scam?

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[Tybi]

Why would I declare Bitcoin a scam, Bitcoin is a popular virtual currency that has been used directly or indirectly in more than 100 countries around the world. Developed countries like the United States and Japan are bitcoin Coming up with recognition as an acceptable currency. In that case I will tell you how to declare Bitcoin a worthless iskam.

[Fatunad]

Love these threads waking up after a year of bullish moves. Bitcoin. When using it as a method of sending money, or value, I see it as less risky than others, cheaper, and less restrictive.

But instead of wondering if it's a scam or not, here's a simpler way to approach Bitcoin when looking at it as investment: assume it has as much chance to fail as it has to succeed, same like any other financial instrument. And unlike a conventional scam, there isn't one entity capable of pulling the rug out from under you, so you're actually diversifying your risk by choosing Bitcoin (in addition to other forms of investment).

Anyone can determine Bitcoin's future path by participating in a decentralized network without third-parties. How can people say Bitcoin is a scam this way? This is nothing more than an attempt to spread FUD in order to stifle Bitcoin's mainstream adoption. Believe me, those who say Bitcoin is a scam don't truly know what it's all about. Either they hate Bitcoin or simply don't understand how it works. Bitcoin's been doing fine even with mainstream criticism, largely because of its decentralized and censorship-resistant nature. As long as Bitcoin stays true to its roots, nothing else matters. Just my thoughts

They are connecting it on scams that do happens in the market specially with those ponzi and other investment that do offer high returns and bitcoin was the main payment for those which means noobs could really have
that kind of normal expression on where tagging or generalizing that bitcoin is a scam.If it was indeed a scam in the first place then it wouldnt really last a decade and that alone proves out that
this is something not really that connected and just an online currency that had been used same as fiat but all of those frauds and scams do normally exist.

[buwaytress]

Anyone can determine Bitcoin's future path by participating in a decentralized network without third-parties. How can people say Bitcoin is a scam this way? This is nothing more than an attempt to spread FUD in order to stifle Bitcoin's mainstream adoption. Believe me, those who say Bitcoin is a scam don't truly know what it's all about. Either they hate Bitcoin or simply don't understand how it works. Bitcoin's been doing fine even with mainstream criticism, largely because of its decentralized and censorship-resistant nature. As long as Bitcoin stays true to its roots, nothing else matters. Just my thoughts

Well, it's all semantics if you want to call decentralisation a scam. And depending on your intentions and what you hope to gain from it, with implementation still in infancy and much to improve in many areas, like all experiments, social, mathematical, ideological, financial, it may or it may not work. If a scam in its simplest terms mean that BTC goes to zero, or in a more complex way, its creators never meant for it to succeed, then all these possibilities aren't non-existent. We all can believe what we want, but that doesn't make any possibility any more, or less, real.

[GamblersArea]

It's a currency and can't really be a scam at all. Real money is just paper that people believe in and place value. If tomorrow everyone in the world agreed to forsake the dollar (it would of course not happen) then dollar would have no power since no one will accept it. The same can be said for gold, after all, it's just a stone that's very abundant and doesn't have that many actual practical uses. Same goes for other stones like diamonds or pearls. That's why bitcoin has so much potential since no one can really stop it.

[JohnBitCo]

If Bitcoin is a scam, I will sell the coins in my hand as soon as possible. I believe that anyone will do so, because no one wants to believe in a scam, unless very few people do it!

Many newbies don't understand but bitcoin is not a scam but there are many ponzi schemes which are based on bitcoin and they are a scam. We should avoid those scam investment plans.
Investing directly in bitcoin is never a scam, rather it could be the best investment ever.

[Abiky]

They are connecting it on scams that do happens in the market specially with those ponzi and other investment that do offer high returns and bitcoin was the main payment for those which means noobs could really have
that kind of normal expression on where tagging or generalizing that bitcoin is a scam.If it was indeed a scam in the first place then it wouldnt really last a decade and that alone proves out that
this is something not really that connected and just an online currency that had been used same as fiat but all of those frauds and scams do normally exist.

Noobs simply don't understand how Bitcoin works. Just because someone else scams people with Bitcoin, doesn't mean the cryptocurrency itself is a fraud. The same can be said about Fiat. Bitcoin empowers anyone to take control of their financial lives without restrictions or limitations whatsoever. It's decentralized, meaning no single entity or third-party can benefit from it. Everyone can have a say in the future direction of the project. Those who say Bitcoin is a scam are nothing more than haters or ignorant people who don't know what they're talking about. It doesn't matter what someone else says about Bitcoin, as long as it work as intended. The pioneer cryptocurrency has been doing fine since 2009, so it's likely it'll last for generations. As long as it stays true to its roots, we'll have nothing to worry about. Just my opinion

[travisbatterson]

It's been well proven not to be a scam. I already wrote about it in my book, it's about meeting the qualifications of what a currency is. A unit of account, a medium of exchange and a store of value. One day far off in the future after trillions of the globe's currency supply is put online and stored. Sounds like something I would have said before but now it's possible. The question is will bitcoin be replaced. I don't think it will.

[zaesvlas]

What's the point of saying this if I don't think so? At least during the time that I have been working in this industry, I was able to get quite a good result of work.

[nurilham]

if bitcoin is a scam then why is it still around today and its still coveted by many people? That's because bitcoin can be trusted and can be used properly. let's say we have had failures from bitcoin investments, but that does not mean bitcoin itself is a scam. if we look at the development of bitcoin from its inception until now then we will know why the price of bitcoin is now getting higher and many new altcoins are popping up on the market, it's because at this time crypto is something that is profitable and also useful.

[Jawadu]

So it would be a good scam because I have been involved with Bitcoin since 2017 and to this day I have made a good profit  , although sometimes we lose if we trade Bitcoin when the market is volatile, but I never had such thoughts of thinking if Bitcoin was a scam just because of loss or anything else. People, we are scams, but Bitcoin is just a coin 

[kotajikikox]

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!

No it is only your assumption and we will never partake of that Idea that bitcoin is a scam, but for the benefits of the discussion if this is a scam then it will be ended early than this year because for sure people will brightful mind will obviously find this out and will expose the reality of being scam.
but all we have here are only those pretending to be knowledgeable bringing Fud to bring the price down so they can buy with cheaper price.
meaning this is not a scam and will never be one.

[rodskee]

This belief hinders me in the past to believe and invest in bitcoin back early days , because of this kind of News and some words from colleagues ? i once ignore investing in this market and that is the same as your thought.
But eventually when i get deeper and try to find more valuable knowledge? it comes out that what is scam? those people like you who spread this kind of beliefs , you are the one who hinders people around you to trust this market in invest inside.
in short? you are the reason why many people miss their chances to earn and collect their profit these days.

[amihada]

Only fools say boitcoin is a scam because now there are countries that have legalized bitcoin in their country and many people have invested in bitcoin for the future because they believe bitcoin can be used as an asset for the future, so now it has been proven that bitcoin is not a scam.

[Blawpaw]

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 is something we cannot predict. Even though Cryptos are going through bubble, it is difficult to predict how much it can inflate until it bursts? IMO I see it having a big dip before hitting the 100k mark. Let's hope I'm wrong and it goes straight to 100K before any dips

[Slow death]

Only fools say boitcoin is a scam because now there are countries that have legalized bitcoin in their country and many people have invested in bitcoin for the future because they believe bitcoin can be used as an asset for the future, so now it has been proven that bitcoin is not a scam.

Currently even the fools have stopped talking nonsense that bitcoin Is scam, bitcoin is already being bought by hundreds of rich people, paypal accepted bitcoin, there are many banks that accepted bitcoin, there are governments that accepted bitcoin, only the SEC needs to accept bitcoin physical ETF for close once and for all any chance of some madman showing up to say bitcoin Is scam... in a few years this market, which was small, became a big market.

[Doell]

So it would be a good scam because I have been involved with Bitcoin since 2017 and to this day I have made a good profit   , although sometimes we lose if we trade Bitcoin when the market is volatile, but I never had such thoughts of thinking if Bitcoin was a scam just because of loss or anything else. People, we are scams, but Bitcoin is just a coin  

it's really hard to tell people who don't know the facts and the truth that already exists ,they don't know bitcoin will not live by itself nor will it walk alone to other places without the owner allowing it ,I think they dont even know what scam really mean LoL ,"bitcoin will never be a scam"

[jossiel]

Only fools say boitcoin is a scam because now there are countries that have legalized bitcoin in their country and many people have invested in bitcoin for the future because they believe bitcoin can be used as an asset for the future, so now it has been proven that bitcoin is not a scam.

It isn't.

There will be those people that want to create an argument because they believe so with their fallacy on their minds.

It will be an unstoppable argument for them just to prove that they have a sense of argument.

[chanler]

if you say bitcoin is a scam then it can lead to a negative perception even though it is clearly wrong. bitcoin is not a scam and many people have proven it. it is difficult to give confidence to ordinary people about bitcoin especially with negative news like this. why until now there are still people who talk like that as if bitcoin is a scam. but I'm sure here and out there are many smart people and not easily provoked by things like this. bitcoin can not be owned by people who do not believe in bitcoin itself.

[CryptocurencyKing]

All scam projects have got someone at the receiving end which means, it exists within a centralized system and bitcoin have got non of these attributes. This fact about bitcoin lives me vague of imaginations as, i don't see an angle to look at it thT could promote the scam accusation towards it.

As such, threads like this are the type that I don't encourage so much as, it could promote some FUD to the litw minds who might be too quick to conclusions without looking at the context of it.

Bitcoin is no scam, have never been and would never be in the nearest or far future. Its self sustaining and would continue to change humanised the better.