Bitcoin is Big Scam

[tanil]

In my opinion Bitcoin is a big scam which created by drug dealers, hackers, illegal money resources.We buy bitcoin to sell it.  It likes gambling. Everyone wants to make money easly. But there is no way to make money with buy bitcoin. We just beleive it and pray like the religion. Nobody really knows how to work bitcoin system.It is just there is a thing that value XXX or XXXX. But need to realize that we do that. There is no real thing.

I am lucky because I quit bitcoin buy and sell.

Do not angry me it is reality. I respect if you agree or disagree.

[1714262234]

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[1714262234]

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[1714262234]

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[1714262234]

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[bitsmichel]

Hi Tanil, send your bitcoins here 1FpEXDujHN6mr7EmVgvfJuaY9bMmYztn9q if you dont need them  

[escrow.ms]

Check this video.  http://video.cnbc.com/gallery/?video=3000267430

[bitsmichel]

Tanil, you cant say A without B.. send them 

[Vod]

In my opinion Bitcoin is a big scam which created by drug dealers, hackers, illegal money resources.We buy bitcoin to sell it.  It likes gambling. Everyone wants to make money easly. But there is no way to make money with buy bitcoin. We just beleive it and pray like the religion. Nobody really knows how to work bitcoin system.It is just there is a thing that value XXX or XXXX. But need to realize that we do that. There is no real thing.

You are a fool.  Religion is based on faith - no one knows the truth.  Bitcoin is based on science - there is nothing mysterious about it.

[kwukduck]

Try an education some day please.

[RockHound]

Isn't the USD essentially a debt that can never be repaid, by design?

Don't know about scam but sounds like a con.



ps. sorry if I'm going a bit too Illuminati there    

[pedrog]

Good for you.

[Meuh6879]

[Joshuar]

Try an education some day please.

'

+1

Bitcoin offers something Fiat could never offer, a secure method of transferring money within minutes of which transferring through wire would take days...

You OP, also need to watch a documentary on how the U.S creates money..

Basically, all USD in existence is money created out of debt. Every single dollar and penny. The U.S treasury literally makes money out of thin air electronically..Not to mention the entire U.S economy is based upon a ponzi scheme.

The U.S government borrows more money from other nations than it has to pay back...so it sells something called government bonds, which is a bond that you can buy to gain back say 110% interest within 2 months. Buy selling those bonds, the U.S uses the money to pay back the countries it originally borrowed money from. That cycle keeps repeating indefinitely..

Because of that, the U.S could never be out of debt.

Please research before you make threads like this OP, thanks!

[Beliathon]

Is it?

[franky1]

all money is faith..

read an american bank note

"in god we trust"

the banks are not asking you to trust a bank, because they know banks will scam you, so they ask people to trust in god...

however bitcoin is not money, its a valuable possession, such as art, a car, gold.. if its in your sole possession, its yours. no if's or buts.. bitcoin does not require people to trust a person, entity, corporation or omni-present being. you dont have to trust a damned thing.. you can read the code and know the absolute truth, and not stay ignorant using only trust..

bitcoin needs no trust to hold bitcoin. its been factually proven. read the code!
the only trust you have is in dealing with people you have not met, and unable to slap with a wet fish.. it is your decision to trade with faceless entities requiring trust. OR only trade with people you know, and have the truth of who they are and the ability to wetfish slap them as a tool to not require trust.

[jonald_fyookball]

Try an education some day please.

'

+1

Bitcoin offers something Fiat could never offer, a secure method of transferring money within minutes of which transferring through wire would take days...

You OP, also need to watch a documentary on how the U.S creates money..

Basically, all USD in existence is money created out of debt. Every single dollar and penny. The U.S treasury literally makes money out of thin air electronically..Not to mention the entire U.S economy is based upon a ponzi scheme.

The U.S government borrows more money from other nations than it has to pay back...so it sells something called government bonds, which is a bond that you can buy to gain back say 110% interest within 2 months. Buy selling those bonds, the U.S uses the money to pay back the countries it originally borrowed money from. That cycle keeps repeating indefinitely..

Because of that, the U.S could never be out of debt.

Please research before you make threads like this OP, thanks!

I think the United States could get out of debt if it simply stopped spending so much money. 
For whatever reason there seems to be complete apathy
when it comes to balancing the budget.  Maybe that is on purpose. 
It used to all really bother me, but now that I have some bitcoins,
I don't care what they do their stupid currency.

[leoragraves666]

At least I know that bitcoin can't be printed for some goverment.

[haploid23]

In my opinion Bitcoin is a big scam which created by drug dealers, hackers, illegal money resources.We buy bitcoin to sell it.  It likes gambling. Everyone wants to make money easly. But there is no way to make money with buy bitcoin. We just beleive it and pray like the religion. Nobody really knows how to work bitcoin system.It is just there is a thing that value XXX or XXXX. But need to realize that we do that. There is no real thing.

I am lucky because I quit bitcoin buy and sell.

Do not angry me it is reality. I respect if you agree or disagree.

How is it possible to make every sentence a wrong statement? This shows zero understanding of bitcoin.

Luckily for us, you quit.

[MrBea]

I like bitcoin.  It makes my phone vibrate when I send or receive. Cash cant do that.

Ya know?  And it confuses the shit out of people.  So that makes it fun.

I also like that it scares the shit out of bankers.

Bankers suck dong

[Joshuar]

Try an education some day please.

'

+1

Bitcoin offers something Fiat could never offer, a secure method of transferring money within minutes of which transferring through wire would take days...

You OP, also need to watch a documentary on how the U.S creates money..

Basically, all USD in existence is money created out of debt. Every single dollar and penny. The U.S treasury literally makes money out of thin air electronically..Not to mention the entire U.S economy is based upon a ponzi scheme.

The U.S government borrows more money from other nations than it has to pay back...so it sells something called government bonds, which is a bond that you can buy to gain back say 110% interest within 2 months. Buy selling those bonds, the U.S uses the money to pay back the countries it originally borrowed money from. That cycle keeps repeating indefinitely..

Because of that, the U.S could never be out of debt.

Please research before you make threads like this OP, thanks!

I think the United States could get out of debt if it simply stopped spending so much money. 
For whatever reason there seems to be complete apathy
when it comes to balancing the budget.  Maybe that is on purpose. 
It used to all really bother me, but now that I have some bitcoins,
I don't care what they do their stupid currency.

The U.S could never get out of debt because of human greed. People run the government, I'm sure that there's a bit of corruption there too, heard about the secret service scandals? Or the watergate scandals? Humans make tons of mistakes.

Automated protocols that's been tested completely and is open source doesn't..aka Bitcoin.

[MrBea]

OP def def an early adopter

[freedomno1]

Well Guess OP knows Engrish but probably cannot understand it so ignores it
The kind of painful truth where its more easy to live in ignorance of something than be aware of it, well see you in a few years 

[tzortz]

I'm sick of such threads.

[mitzie]

It likes gambling.

First of all, learn some basic English. Secondly, yes, I agree that there are some dice/gambling sites etc, but gambling exists with fiat currencies too. So I don't understand where is the problem with that. If you don't want to gamble, then don't. And bitcoin is not gambling. Gambling is ~0.5% of bitcoin. Maybe less

[casinocoin]

Like Religion?
You do know we are smarter then that.

[zubelutte]

We buy bitcoin to sell it.

This is what you do. There are other uses with Bitcoin, and not only buying dark stuff.

[zzojar]

When I wire transfer $1000 from one bank account to another, I don't understand what is going on. It makes no sense to me because I thought dollars consisted of paper money, not digital currency. But apparently my American bank account is full of 'digital currency.' I just push the button to transfer the cash and "beleive it and pray like the religion" that it gets where I'm sending it. That sounds identical to bitcoin.

Honestly, I understand bitcoin a lot better than the global e-commerce banking system.

[jdun]

It likes gambling.

First of all, learn some basic English. Secondly, yes, I agree that there are some dice/gambling sites etc, but gambling exists with fiat currencies too. So I don't understand where is the problem with that. If you don't want to gamble, then don't. And bitcoin is not gambling. Gambling is ~0.5% of bitcoin. Maybe less

This makes be chuckle. Trading stocks is a gambling, yet it is a globally accepted norm. In fact, everything in life is a gamble. Taking out student loans for college is gambling. Driving your car down the street is gambling. Even just going to the mall is a gamble because I could get infected with a nasty virus that someone there might be carrying. But, in my opinion, gambling is what makes life enjoyable.

[Joshuar]

It likes gambling.

First of all, learn some basic English. Secondly, yes, I agree that there are some dice/gambling sites etc, but gambling exists with fiat currencies too. So I don't understand where is the problem with that. If you don't want to gamble, then don't. And bitcoin is not gambling. Gambling is ~0.5% of bitcoin. Maybe less

This makes be chuckle. Trading stocks is a gambling, yet it is a globally accepted norm. In fact, everything in life is a gamble. Taking out student loans for college is gambling. Driving your car down the street is gambling. Even just going to the mall is a gamble because I could get infected with a nasty virus that someone there might be carrying. But, in my opinion, gambling is what makes life enjoyable.

+1 my friend, +1. That is entirely true, if you think about it everything is a "gamble"

[mitzie]

It likes gambling.

First of all, learn some basic English. Secondly, yes, I agree that there are some dice/gambling sites etc, but gambling exists with fiat currencies too. So I don't understand where is the problem with that. If you don't want to gamble, then don't. And bitcoin is not gambling. Gambling is ~0.5% of bitcoin. Maybe less

This makes be chuckle. Trading stocks is a gambling, yet it is a globally accepted norm. In fact, everything in life is a gamble. Taking out student loans for college is gambling. Driving your car down the street is gambling. Even just going to the mall is a gamble because I could get infected with a nasty virus that someone there might be carrying. But, in my opinion, gambling is what makes life enjoyable.

Ok, I meant gambling in bitcoin like dice games etc. Of course bitcoin is a gamble then

[franky1]

I think the United States could get out of debt if it simply stopped spending so much money.  
For whatever reason there seems to be complete apathy
when it comes to balancing the budget.  Maybe that is on purpose.  
It used to all really bother me, but now that I have some bitcoins,
I don't care what they do their stupid currency.

the governments wont stop buying things. for these reasons
1. its not their debt. no  MP, senator, governor is saying they owe money, they say 'the peoples debt' making them not personally liable
2. if they buy large buildings. houses, warehouses filled with many years of food, water and ammo. then when the dollar crashes they can still run the country. so buying crap 'the people dont need like enough warships, missiles and planes to survive 25 years of war, is in their interest
3. they know they cant repay the debt so they might aswell profit from it, and then make it obsolete.

i know many people in credit card debt, that before claiming bankruptcy, they get more credit and buy things, hide it all.. and then claim bankruptcy, knowing they can live the high life and not repay.

this is what the governments are doing, on a grander scale

[twiifm]

I think the United States could get out of debt if it simply stopped spending so much money.  
For whatever reason there seems to be complete apathy
when it comes to balancing the budget.  Maybe that is on purpose.  
It used to all really bother me, but now that I have some bitcoins,
I don't care what they do their stupid currency.

the governments wont stop buying things. for these reasons
1. its not their debt. no  MP, senator, governor is saying they owe money, they say 'the peoples debt' making them not personally liable
2. if they buy large buildings. houses, warehouses filled with many years of food, water and ammo. then when the dollar crashes they can still run the country. so buying crap 'the people dont need like enough warships, missiles and planes to survive 25 years of war, is in their interest
3. they know they cant repay the debt so they might aswell profit from it, and then make it obsolete.

i know many people in credit card debt, that before claiming bankruptcy, they get more credit and buy things, hide it all.. and then claim bankruptcy, knowing they can live the high life and not repay.

this is what the governments are doing, on a grander scale

National debt & household debt are not the same thing.  In macro economics, you can have debt as big as you want as long as the debt is denominated in the currency you can print.  Japan's debt is 300% of their GDP.  The worst thing for people is unemployment not debt

[the joint]

In my opinion Bitcoin is a big scam which created by drug dealers, hackers, illegal money resources[/b].We buy bitcoin to sell it.  It likes gambling. Everyone wants to make money easly. But there is no way to make money with buy bitcoin. We just beleive it and pray like the religion. Nobody really knows how to work bitcoin system.It is just there is a thing that value XXX or XXXX. But need to realize that we do that. There is no real thing.

I am lucky because I quit bitcoin buy and sell.

Do not angry me it is reality. I respect if you agree or disagree.

It's really not a matter about agreeing or disagreeing.  I'm just not sure you understand the difference between an opinion and a guess.

You can have an opinion that Bitcoin is bad or good, but 'opinion' is irrelevant to things like whether it's a scam, who it's created by, etc.

It seems nobody here really knows who created it, but we do know that the code is open-source and can be demonstrably proven to not be a scam.  If someone creates a scam using Bitcoin, then the scam is the scam, not Bitcoin.

You're also demonstrably wrong that there is no way to make money buying BTC.  I bought, I made money, so you're demonstrably wrong there, too.  There is nothing to have an opinion about, here.

Comparing Bitcoin to religion is absurd.  I assume you mean that people pray for the price to go up just like people pray to God and hope for a positive outcome.  What do you think 'any' investor 'anywhere' does?  They buy into an investment because they believe the price will go up, and they pray/hope it does.   When you ask a girl out on a date, you pray/hope she says yes.  When you apply for a job, you pray/hope you get hired.  Your analogy is entirely useless.

"It" likes gambling?  Who?  Bitcoin?  Do you think Bitcoin is a person or something?  

I know how to "work bitcoin system."  I've never been scammed, hacked, or anything, and every transaction I've ever made has been flawless and more cost-effective than traditional payment systems.

Regarding your comment that "there is no real thing," what do you mean by "real"?  Do you mean something needs to be physical to have value or be real?  If that's what you believe, and if you are correct (hint: you're not), then it follows that your thoughts and opinions aren't real, thereby rendering this entire thread useless.

I am lucky because I quit bitcoin buy and sell.

Now THAT'S an opinion!

[BittBurger]

Tanil, where are you, come back. 

[atp1916]

Tanil, where are you, come back. 

The troll is cashing out his winnings on this one. 

[5w00p]

It is just there is a thing that value XXX or XXXX. But need to realize that we do that. There is no real thing.

Can you hold an mp3 file in your hand?  And I don't mean the device that stores the mp3 file (ipod, flash disk, hard drive, etc).

Can you hold the information on your computer monitor in your hand? Sure, you can pick up your monitor, but if it gets unplugged or turned-off, *poof* there went that info on the screen.

Can you hold in your hand the ledger that a bank keeps in digital format to keep track of your bank account?  Sure, you can get a printout, keep a pen-and-paper ledger, etc.  But, you can't hold that bank account in your hands, because it is ELECTRONIC.

My point is:

With the invention and adoption of technology in time in which we exist, MANY MANY things in our life exist only as bits, minute electrical signals on wires and in devices, yet we have completely adopted these things into our daily lives.  If you could go back 250 years and showed those people credit and debit cards, fractional reserve banking, etc, YOU WOULD BLOW THEIR MINDS.

I guess the OP's mind has been blown.   

[leopard2]

OP describes fiat money, precisely 

Originally created to finance wars and other criminal activities against human beings, and so on

[imbladednow]

When I wire transfer $1000 from one bank account to another, I don't understand what is going on. It makes no sense to me because I thought dollars consisted of paper money, not digital currency. But apparently my American bank account is full of 'digital currency.' I just push the button to transfer the cash and "beleive it and pray like the religion" that it gets where I'm sending it. That sounds identical to bitcoin.

Yes, except you can borrow dollars from bank that never existed before. Now try this with Bitcoin.

[Nancarrow]

We just beleive it and pray like the religion. Nobody really knows how to work bitcoin system.It is just there is a thing that value XXX or XXXX. But need to realize that we do that. There is no real thing.

Even after a bottle of Leffe, this STILL makes more sense than the last part of the Matrix trilogy.

[apsvinet]

Your logic is based on that it only has a value because we think it does? Just like all other sorts of currency? The Tinkerbell effect?
It doesn't prove anything. I'll take your Bitcoins as well if you don't want them, but then again I suppose you don't have a lot, or else you wouldn't hate it.

[btcxyzzz]

Will somebody ban OP and delete this ridiculous thread. Apply some ecology, garbage is garbage!

[btcxyzzz]

Basically, all USD in existence is money created out of debt. Every single dollar and penny. The U.S treasury literally makes money out of thin air electronically..Not to mention the entire U.S economy is based upon a ponzi scheme.

It's important to say it's worldwide case with every fiat currency out there, not just USD. Hence that's why Chinese and Russians too are fighting Bitcoin because it converts sick economy to healthy one.

[Beliathon]

all money is faith..

read an american bank note

"in god we trust"

I'm not sure which bullshit concept gives me worse nausea, trust-notes from amerikan bankz or god.

I think I'll go with fiat. Fiat disgusts me more deeply than god, because religion is already on its way out, while fiat kurrency has years of fighting left in it.

[jbrnt]

In my opinion Bitcoin is a big scam which created by drug dealers, hackers, illegal money resources.
I am lucky because I quit bitcoin buy and sell.

Yes, it is a big scam. Thanks for your confirmation. Bitcoin was created by a genius colombian drug lord who named himself Satoshi to cover his tracks. He phoned me personally to warn me against day trading and start mining drugcartelcoin.

You should send me all your coins. I will help you get out of bitcoin before it is too late 

(Sarcasm Level: lllllllllllllll 99.8%)

[nuff]

In my opinion Bitcoin is a big scam which created by drug dealers, hackers, illegal money resources.We buy bitcoin to sell it.  It likes gambling. Everyone wants to make money easly. But there is no way to make money with buy bitcoin. We just beleive it and pray like the religion. Nobody really knows how to work bitcoin system.It is just there is a thing that value XXX or XXXX. But need to realize that we do that. There is no real thing.

I am lucky because I quit bitcoin buy and sell.

Do not angry me it is reality. I respect if you agree or disagree.

No I'm not angry at you but maybe a little sad for you, because you do not understand bitcoin that you're so quick to dismiss it. If you truly understand bitcoin, you wouldn't call it a scam, because it really does not make any sense. It's like calling gravity a scam, just makes no literal sense. Just because you don't understand how it works doesn't mean "nobody really knows how to work bitcoin system". But I don't blame you because not everyone has the capability to understand all the workings of the world we live in. If you feel that you are much happier and less stressed after leaving bitcoin, more power to you. We don't necessarily have to believe what others believe, and we don't necessarily have to convince others to believe what we believe.

[notbatman]

an autonomous entity has escaped form a super secret scientific research facility and is now propagating itself in the wild. the entity is able to infect the mind due to its intense shininess. once infected the subject is motivated into showing it to others. the entity is non-physical giving it the ability to move at the speed of light. the entity has a code like the dna in a virus. the entity is an idea with wheels and gears like a machine.

i'm sorry i drifted off there, what was that about bitcom being a scam?  

[vnvizow]

Will somebody ban OP and delete this ridiculous thread. Apply some ecology, garbage is garbage!

Well dig far enough in the forum since most garbage posts can't be deleted you'll lose your faith in humanity  

[Shogen]

In my opinion Bitcoin is a big scam which created by drug dealers, hackers, illegal money resources.We buy bitcoin to sell it.  It likes gambling. Everyone wants to make money easly. But there is no way to make money with buy bitcoin. We just beleive it and pray like the religion. Nobody really knows how to work bitcoin system.It is just there is a thing that value XXX or XXXX. But need to realize that we do that. There is no real thing.

I am lucky because I quit bitcoin buy and sell.

Do not angry me it is reality. I respect if you agree or disagree.

Why are you still here then?

[tanil]

Everybody says same thing. " We know bitcoin system. "

If you know the system of bitcoin why don't you fix mtgox problem? Where is 850.000 bitcoins?

Why bitcoin value depens on buy and sell orders?  Was bitcoin depends on difficulty? Why bitcoin need buyers?

Come on guys face to real!

[the joint]

Everybody says same thing. " We know bitcoin system. "

If you know the system of bitcoin why don't you fix mtgox problem? Where is 850.000 bitcoins?

Why bitcoin value depens on buy and sell orders?  Was bitcoin depends on difficulty? Why bitcoin need buyers?

Come on guys face to real!

Mt. Gox is a business, Bitcoin is not.

ALL bitcoins and bitcoin transactions are visible on the Blockchain where they will forever stay.  Go throw $850,000 paper cash into a fire and see what happens.

Anything in the world, not just bitcoins, are valued by what people are willing to exchange for them.

"Was bitcoin depends on difficulty?" is a question I don't understand, so I won't respond to it.

"Why bitcoin need buyers?" is just a *bad* question.

TL;DR:   You have no idea what you're talking about.

[psybits]

The underlying disruptive technology behind Bitcoin is what makes it special - and this technology will most likely become ubiquitous in the future and applied to things we haven't dreamed of yet.

The BTC / USD exchange rate you're talking about OP, and calling a scam, is just a side effect of this.

It is only one very small part of what Bitcoin and cryptocurrencies actually are.

[notbatman]

does cryptozoology play a role in any of this?

[apsvinet]

Everybody says same thing. " We know bitcoin system. "

If you know the system of bitcoin why don't you fix mtgox problem? Where is 850.000 bitcoins?

Why bitcoin value depens on buy and sell orders?  Was bitcoin depends on difficulty? Why bitcoin need buyers?

Come on guys face to real!

Mt. Gox is a business, Bitcoin is not.

ALL bitcoins and bitcoin transactions are visible on the Blockchain where they will forever stay.  Go throw $850,000 paper cash into a fire and see what happens.

Anything in the world, not just bitcoins, are valued by what people are willing to exchange for them.

"Was bitcoin depends on difficulty?" is a question I don't understand, so I won't respond to it.

"Why bitcoin need buyers?" is just a *bad* question.

TL;DR:   You have no idea what you're talking about.

Of course he doesn't, or he would spend his time obtaining bitcoins while they're relatively cheap rather than bash on the system.

[gagalady]

You think bitcoin is a Bubble to profit for creators as "they can manipulate the price"? I don't think so. Bitcoin price should depend on the market and its price is described with specific factors. Atleast I believe in this. How It is i can't guarantee.

[nuff]

Everybody says same thing. " We know bitcoin system. "

If you know the system of bitcoin why don't you fix mtgox problem? Where is 850.000 bitcoins?

Why bitcoin value depens on buy and sell orders?  Was bitcoin depends on difficulty? Why bitcoin need buyers?

Come on guys face to real!

“If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.” - Satoshi Nakamoto

https://bitcointalk.org/index.php?topic=532.msg6306#msg6306

[SnakePlisken]

Some forms of money are based on gold, others on faith and credit, Bitcoin is based on math. I'll take math over faith and credit any day.

[Dogtanian]

Everybody says same thing. " We know bitcoin system. "

If you know the system of bitcoin why don't you fix mtgox problem? Where is 850.000 bitcoins?

Why bitcoin value depens on buy and sell orders?  Was bitcoin depends on difficulty? Why bitcoin need buyers?

Come on guys face to real!

“If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.” - Satoshi Nakamoto

https://bitcointalk.org/index.php?topic=532.msg6306#msg6306

Ha, nice quote. Might use it in the future or maybe put it in my sig. Those who dont get it will probably live to regret it one day.

[crunchynut]

it's not a scam. is just the free market.

[apsvinet]

Everybody says same thing. " We know bitcoin system. "

If you know the system of bitcoin why don't you fix mtgox problem? Where is 850.000 bitcoins?

Why bitcoin value depens on buy and sell orders?  Was bitcoin depends on difficulty? Why bitcoin need buyers?

Come on guys face to real!

“If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.” - Satoshi Nakamoto

https://bitcointalk.org/index.php?topic=532.msg6306#msg6306

That's the spirit!

Thing is though there's no point explaining something to someone who doesn't want to understand you. That goes for all the haters wasting their time posting on this forum.

[leopard2]

[bananas]

Op is somewhat right, bit that's just 'cause as bitcoin is not mainstream the dark side is predominant.

[apsvinet]

Op is somewhat right, bit that's just 'cause as bitcoin is not mainstream the dark side is predominant.

Well you can't make it mainstream with that attitude, which is why these posts are just annoying and unhelpful.

[franky1]

Op is somewhat right, bit that's just 'cause as bitcoin is not mainstream the dark side is predominant.

darknet market place sales DO NOT exceed legit retail sales.

good luck proving me wrong. and if you do try, atleast use factual statistics... but you wont because the statistics of over 50,000 legit businesses outweighs the trades of a couple darknet sites.

[apsvinet]

Op is somewhat right, bit that's just 'cause as bitcoin is not mainstream the dark side is predominant.

darknet market place sales DO NOT exceed legit retail sales.

good luck proving m wrong. and if you do try, atleast use factual statistics... but you wont bcause the statistics of over 50,000 legit businesses outweighs the trades of a couple darknet sites.

Well, people won't close their eyes and pretend darknet isn't a fact when it comes to bitcoins, atleast mainstream people with no deeper knowledge, cause that's what the media likes to report.

[bananas]

Illegal businesses/deals and money laundry in factually predominant, no research is needed. And it will be until our grand mothers start using bitcoin instead of credit cards.

Right now people just don't have many reasons to use bitcoin for legal deals, even those into bitcoin.


  

[franky1]

Illegal businesses/deals and money laundry in factually predominant, no research is needed. And it will be until our grand mothers start using bitcoin instead of credit cards.

Right now people just don't have many reasons to use bitcoin for legal deals, even those into bitcoin.

.. research.. IS needed to be done by you

more drug deals are done on just 3 streets of detroit, compared to what silkroad done.

more money has been laundered by HSBC in one case. then has ever been laundered through bitcoin in 5 years

[apsvinet]

Illegal businesses/deals and money laundry in factually predominant, no research is needed. And it will be until our grand mothers start using bitcoin instead of credit cards.

Right now people just don't have many reasons to use bitcoin for legal deals, even those into bitcoin.

.. research.. IS needed to be done by you

more drug deals are done on just 3 streets of detroit, compared to what silkroad done.

more money has been laundered by HSBC in one case. then has ever been laundered through bitcoin in 5 years

I actually don't see any sources from either one of you, do you have any?

[feina24h]

in my opinion money is a scam and created by bloody greedy people, they just suck and suck blood of poor people, Viva Bitcoin Viva la Revolucion

[apsvinet]

in my opinion money is a scam and created by bloody greedy people, they just suck and suck blood of poor people, Viva Bitcoin Viva la Revolucion

You don't like money but you like Bitcoins? You realize they're a type of currency, right?

[tvbcof]

In my opinion Bitcoin is a big scam which created by drug dealers, hackers, illegal money resources.We buy bitcoin to sell it.  It likes gambling. Everyone wants to make money easly. But there is no way to make money with buy bitcoin. We just beleive it and pray like the religion. Nobody really knows how to work bitcoin system.It is just there is a thing that value XXX or XXXX. But need to realize that we do that. There is no real thing.

I am lucky because I quit bitcoin buy and sell.

Do not angry me it is reality. I respect if you agree or disagree.

One of the SomethingAwful guys came up with the following characterization a few years ago which I'll paraphrase:

  "Bitcoin involves smart criminals, dumb Libertarians, and people of ambiguous intellect taking advantage of both."

I'm still no prepared to reject the implication (that Bitcoin is fundamentally a scam) outright.  One way or another I find the statement wildly  amusing.  It's also worth note that I personally am certainly not a criminal, am not a Libertarian (in spite of certain areas of agreement) and I've made hundreds of large in pure profit so far.

[feina24h]

in my opinion money is a scam and created by bloody greedy people, they just suck and suck blood of poor people, Viva Bitcoin Viva la Revolucion

You don't like money but you like Bitcoins? You realize they're a type of currency, right?

i dont like the people who created fiat paper money and controls it, Bitcoin is decentralized and thats why i Like it.

[apsvinet]

in my opinion money is a scam and created by bloody greedy people, they just suck and suck blood of poor people, Viva Bitcoin Viva la Revolucion

You don't like money but you like Bitcoins? You realize they're a type of currency, right?

i dont like the people who created fiat paper money and controls it, Bitcoin is decentralized and thats why i Like it.

That's what I thought, now it's clearer.

[bananas]

Illegal businesses/deals and money laundry in factually predominant, no research is needed. And it will be until our grand mothers start using bitcoin instead of credit cards.

Right now people just don't have many reasons to use bitcoin for legal deals, even those into bitcoin.

.. research.. IS needed to be done by you

more drug deals are done on just 3 streets of detroit, compared to what silkroad done.

more money has been laundered by HSBC in one case. then has ever been laundered through bitcoin in 5 years

I never said anything about Detroit or HSBC, i'm talking about Bitcoin on the internet.

[deemac87]

Isn't the USD essentially a debt that can never be repaid, by design?

Don't know about scam but sounds like a con.



ps. sorry if I'm going a bit too Illuminati there    

No thats just the truth, the USD is a scam. Theres only a small group of ppl who profit from the production of the USD, andnot just anybody can get in on that profit unless ur born into it or invited. At least with bitcoin anybody can profit(eventually) from bitcoin production through mining.

[apsvinet]

Isn't the USD essentially a debt that can never be repaid, by design?

Don't know about scam but sounds like a con.



ps. sorry if I'm going a bit too Illuminati there    

No thats just the truth, the USD is a scam. Theres only a small group of ppl who profit from the production of the USD, andnot just anybody can get in on that profit unless ur born into it or invited. At least with bitcoin anybody can profit(eventually) from bitcoin production through mining.

What did I just read? Of course anyone can make profits and get rich with the current regular currencies in the world. Just because everyone doesn't have an equal opportunity due to social factors and where you're born and raised doesn't mean that the currency is 'a scam' ( which by the way makes no sense whatsoever ). History is full of examples of people breaking out with their own hands of a poor environment, and becoming part of the most successful people in the world. Most obvious example would be Abraham Lincoln.

[5w00p]

an autonomous entity has escaped form a super secret scientific research facility and is now propagating itself in the wild. the entity is able to infect the mind due to its intense shininess. once infected the subject is motivated into showing it to others. the entity is non-physical giving it the ability to move at the speed of light. the entity has a code like the dna in a virus. the entity is an idea with wheels and gears like a machine.

i'm sorry i drifted off there, what was that about bitcom being a scam?  

I enjoyed your little story, but my $0.02 is that your statement: "the entity is able to infect the mind due to its intense shininess" is hogwash.  Bitcoin is a tool, really, nothing more, when you get down to it.  It is a tool to allow free and unrestricted, decentralized exchange of currency.  It was created by humans, reviewed by many many other humans, and propagates due to many many humans' desire to exchange currency freely between one another, without the use of a single trusted third party entity, but rather through the combined transparent outputs of the source code that was originally reviewed by many humans and ultimately spread willingly through the compilation of the code and execution thereof on thousands of computing units throughout the world.

Have you read the whitepaper?  Doesn't seem like S. Nakamoto was trying to infect anyone with anything, but was rather suggesting a method that humans might more easily trade currency freely and without the use of a trusted third party.

Have you read the whitepaper?

[jonald_fyookball]

an autonomous entity has escaped form a super secret scientific research facility and is now propagating itself in the wild. the entity is able to infect the mind due to its intense shininess. once infected the subject is motivated into showing it to others. the entity is non-physical giving it the ability to move at the speed of light. the entity has a code like the dna in a virus. the entity is an idea with wheels and gears like a machine.

i'm sorry i drifted off there, what was that about bitcom being a scam?  

I enjoyed your little story, but my $0.02 is that your statement: "the entity is able to infect the mind due to its intense shininess" is hogwash.  Bitcoin is a tool, really, nothing more, when you get down to it.  It is a tool to allow free and unrestricted, decentralized exchange of currency.  It was created by humans, reviewed by many many other humans, and propagates due to many many humans' desire to exchange currency freely between one another, without the use of a single trusted third party entity, but rather through the combined transparent outputs of the source code that was originally reviewed by many humans and ultimately spread willingly through the compilation of the code and execution thereof on thousands of computing units throughout the world.

Have you read the whitepaper?  Doesn't seem like S. Nakamoto was trying to infect anyone with anything, but was rather suggesting a method that humans might more easily trade currency freely and without the use of a trusted third party.

Have you read the whitepaper?

Are you incapable of recognizing sarcasm/banter ?

[5w00p]

Your sarcasm/banter was difficult to for me to recognize, and I ultimately failed to do so, but I do not believe that I am incapable of recognizing it.

Apparently I did in this case.

[apsvinet]

Your sarcasm/banter was difficult to for me to recognize, and I ultimately failed to do so, but I do not believe that I am incapable of recognizing it.

Apparently I did in this case.

It happens. Text, especially when written over the internet can be very hard to interpret correctly. People think they're being so clear because the sarcasm is obvious to the author, while in reality it's not easy at all for the reader to know.

[jonald_fyookball]

Your sarcasm/banter was difficult to for me to recognize, and I ultimately failed to do so, but I do not believe that I am incapable of recognizing it.

Apparently I did in this case.

it wasn't my banter...but he did say "intense shininess" and you said directly it was hogwash ...lol...

didnt mean to sound like a dick btw

[notbatman]

i've been doing some research on this scam and this video was the best source of information i could find.

http://putlocker.bz/watch-heavy-metal-online-free-putlocker.html

[smoothie]

OP's title to this thread is grammatically incorrect and is a scam. lol

If the OP can't even get that right why should anyone consider their opinion valid or worth noting. They will likely botch their own points in the translation process.

[5w00p]

Your sarcasm/banter was difficult to for me to recognize, and I ultimately failed to do so, but I do not believe that I am incapable of recognizing it.

Apparently I did in this case.

it wasn't my banter...but he did say "intense shininess" and you said directly it was hogwash ...lol...

didnt mean to sound like a dick btw

Yes, he did say "intense shininess."  But if you pay just a slight bit more attention and read the words before "intense shininess," he says "the entity is able to infect the mind."  I tend to interpret the OP's words of "intense shininess" as an attempt to draw parallels between Bitcoin and gold.  I understood it to mean that the OP was making an allusion to the history of gold causing human beings to do some pretty crazy things in order to obtain it, things that others would consider "mad."  Here's a reference:
http://io9.com/5805477/alchemists-astronomers-and-wild-men-a-history-of-the-mad-scientist-part-one

And I don't think I need to go into the innumerable wars that have been fought worldwide and throughout history over gold, wealth, and riches.

And now it makes two of us not trying to seem like a dick, btw.
 lol

[notbatman]

i didn't see a single mention of tesla in that long rant. the linguistical equivalent of a box of styrofoam peanuts; lots of bulk but not much weight.

without tesla there would be no mad scientist.

[5w00p]

i didn't see a single mention of tesla in that long rant. the linguistical equivalent of a box of styrofoam peanuts; lots of bulk but not much weight.

without tesla there would be no mad scientist.

No comment.

[jonald_fyookball]

all money is faith..

read an american bank note

"in god we trust"

I'm not sure which bullshit concept gives me worse nausea, trust-notes from amerikan bankz or god.

I think I'll go with fiat. Fiat disgusts me more deeply than god, because religion is already on its way out, while fiat kurrency has years of fighting left in it.

Yeah plus youre blessed and highly favored enough to be an early adopter of bitcoin.  God should get at least enough points that you wouldn't be disgusted with him.

[Mjbmonetarymetals]

You mentioned here you were sending money into mt gox after they shut down btc withdrawals - https://bitcointalk.org/index.php?topic=477200.0

Traders take greater risks by holding funds on exchanges but reep rewards by making money from the vast majority of armchair traders who don't have a clue what they are doing.

Sadly many new to Bitcoin think it simply as a trading instrument then quickly lose what they invested leaving a bad taste and zero enthusiasm for this innovative new form of currency.

[Dogtanian]

Traders take greater risks by holding funds on exchanges but reep rewards by making money from the vast majority of armchair traders who don't have a clue what they are doing.

Arent most people who trade Bitcoins armchair traders?

[blaze_power]

BitCoin is the way forward just like FREE energy it empowers people against greedy governments. My company has invented FREE energy it scared the U.S government so much that they shut down Liberty Reserve and stole over $2million USD in hard currency from me (All evidence is on our website) yes my company is the REAL reason they shut down Liberty Reserve we have invented FREE energy something they said in school was IMPOSSIBLE read more about it here http://www.blaze-power.org and http://www.blaze.technology we are also about to make an IPO through a bank we believe has the balls to fight the U.S government and win visit http://www.e-bank.si to buy shares in the biggest thing yet since the internet (YES BitCoins accepted) they also have REALISTIC investments to grow your BitCoins from 4.5% interest which is normal and realistic unlike HYIP that offers unrealistic non market indicative targets. Imagine an electric car that runs forever and never needs a recharge or run your home on FREE electricity and NEVER pay the energy companies again. We have started the revolution with OUR OWN money to prove that we are not profit seekers but freedom fighters. Check it out today and empower yourselves

[Dogtanian]

BitCoin is the way forward just like FREE energy it empowers people against greedy governments. My company has invented FREE energy it scared the U.S government so much that they shut down Liberty Reserve and stole over $2million USD in hard currency from me (All evidence is on our website) yes my company is the REAL reason they shut down Liberty Reserve we have invented FREE energy something they said in school was IMPOSSIBLE read more about it here http://www.blaze-power.org and http://www.blaze.technology we are also about to make an IPO through a bank we believe has the balls to fight the U.S government and win visit http://www.e-bank.si to buy shares in the biggest thing yet since the internet (YES BitCoins accepted) they also have REALISTIC investments to grow your BitCoins from 4.5% interest which is normal and realistic unlike HYIP that offers unrealistic non market indicative targets. Imagine an electric car that runs forever and never needs a recharge or run your home on FREE electricity and NEVER pay the energy companies again. We have started the revolution with OUR OWN money to prove that we are not profit seekers but freedom fighters. Check it out today and empower yourselves

Lol free energy. Blatant scam.

[apsvinet]

BitCoin is the way forward just like FREE energy it empowers people against greedy governments. My company has invented FREE energy it scared the U.S government so much that they shut down Liberty Reserve and stole over $2million USD in hard currency from me (All evidence is on our website) yes my company is the REAL reason they shut down Liberty Reserve we have invented FREE energy something they said in school was IMPOSSIBLE read more about it here http://www.blaze-power.org and http://www.blaze.technology we are also about to make an IPO through a bank we believe has the balls to fight the U.S government and win visit http://www.e-bank.si to buy shares in the biggest thing yet since the internet (YES BitCoins accepted) they also have REALISTIC investments to grow your BitCoins from 4.5% interest which is normal and realistic unlike HYIP that offers unrealistic non market indicative targets. Imagine an electric car that runs forever and never needs a recharge or run your home on FREE electricity and NEVER pay the energy companies again. We have started the revolution with OUR OWN money to prove that we are not profit seekers but freedom fighters. Check it out today and empower yourselves

What the hell did I just read?

[DanielVG]

In my opinion Bitcoin is a big scam which created by drug dealers, hackers, illegal money resources.We buy bitcoin to sell it.  It likes gambling. Everyone wants to make money easly. But there is no way to make money with buy bitcoin. We just beleive it and pray like the religion. Nobody really knows how to work bitcoin system.It is just there is a thing that value XXX or XXXX. But need to realize that we do that. There is no real thing.

I am lucky because I quit bitcoin buy and sell.

Do not angry me it is reality. I respect if you agree or disagree.

got goxxed?

[tzortz]

BitCoin is the way forward just like FREE energy it empowers people against greedy governments. My company has invented FREE energy it scared the U.S government so much that they shut down Liberty Reserve and stole over $2million USD in hard currency from me (All evidence is on our website) yes my company is the REAL reason they shut down Liberty Reserve we have invented FREE energy something they said in school was IMPOSSIBLE read more about it here http://www.blaze-power.org and http://www.blaze.technology we are also about to make an IPO through a bank we believe has the balls to fight the U.S government and win visit http://www.e-bank.si to buy shares in the biggest thing yet since the internet (YES BitCoins accepted) they also have REALISTIC investments to grow your BitCoins from 4.5% interest which is normal and realistic unlike HYIP that offers unrealistic non market indicative targets. Imagine an electric car that runs forever and never needs a recharge or run your home on FREE electricity and NEVER pay the energy companies again. We have started the revolution with OUR OWN money to prove that we are not profit seekers but freedom fighters. Check it out today and empower yourselves

What the hell did I just read?

An electric free unicorn.

[apsvinet]

BitCoin is the way forward just like FREE energy it empowers people against greedy governments. My company has invented FREE energy it scared the U.S government so much that they shut down Liberty Reserve and stole over $2million USD in hard currency from me (All evidence is on our website) yes my company is the REAL reason they shut down Liberty Reserve we have invented FREE energy something they said in school was IMPOSSIBLE read more about it here http://www.blaze-power.org and http://www.blaze.technology we are also about to make an IPO through a bank we believe has the balls to fight the U.S government and win visit http://www.e-bank.si to buy shares in the biggest thing yet since the internet (YES BitCoins accepted) they also have REALISTIC investments to grow your BitCoins from 4.5% interest which is normal and realistic unlike HYIP that offers unrealistic non market indicative targets. Imagine an electric car that runs forever and never needs a recharge or run your home on FREE electricity and NEVER pay the energy companies again. We have started the revolution with OUR OWN money to prove that we are not profit seekers but freedom fighters. Check it out today and empower yourselves

What the hell did I just read?

"My company has invented FREE energy, it scared the US government[…]" What is this guy smoking?


An electric free unicorn.

[bryant.coleman]

got goxxed?

Who knows how many of the users here actually got goxxed. According to the Japanese authorities, a total of 69,266 people lost coins at Mt Gox. I am sure that at least 50,000 were Bitcointalk members (Myself lost around BTC0.001). 

[tzortz]

got goxxed?

Who knows how many of the users here actually got goxxed. According to the Japanese authorities, a total of 69,266 people lost coins at Mt Gox. I am sure that at least 50,000 were Bitcointalk members (Myself lost around BTC0.001). 

How many are the Bitcointalk users??

[BeataTX91]

"Bitcoin is a big scam which created by drug dealers, hackers, illegal money resources" that's what my granny say to me, when i try to speak about bitcoin with her

[billysweird]

Try an education some day please.

'

+1

Bitcoin offers something Fiat could never offer, a secure method of transferring money within minutes of which transferring through wire would take days...

You OP, also need to watch a documentary on how the U.S creates money..

Basically, all USD in existence is money created out of debt. Every single dollar and penny. The U.S treasury literally makes money out of thin air electronically..Not to mention the entire U.S economy is based upon a ponzi scheme.

The U.S government borrows more money from other nations than it has to pay back...so it sells something called government bonds, which is a bond that you can buy to gain back say 110% interest within 2 months. Buy selling those bonds, the U.S uses the money to pay back the countries it originally borrowed money from. That cycle keeps repeating indefinitely..

Because of that, the U.S could never be out of debt.

Please research before you make threads like this OP, thanks!

+1

Luckily for us，you are quit.

[Trance]

In my opinion Bitcoin is a big scam which created by drug dealers, hackers, illegal money resources.We buy bitcoin to sell it.  It likes gambling. Everyone wants to make money easly. But there is no way to make money with buy bitcoin. We just beleive it and pray like the religion. Nobody really knows how to work bitcoin system.It is just there is a thing that value XXX or XXXX. But need to realize that we do that. There is no real thing.

I am lucky because I quit bitcoin buy and sell.

Do not angry me it is reality. I respect if you agree or disagree.

How is it possible to make every sentence a wrong statement? This shows zero understanding of bitcoin.

Luckily for us, you quit.

haha, I wanted to say the same thing!

[5w00p]

all money is fail, or at least all currency thus far. 

The trick is that they got you to refer to FRN's as "money."  The USD is not a store of value and therefore it is not money, by definition.  Since Nixon took the US off the Bretton Woods accord that tied the dollar to gold and all other currencies to the dollar, FRN's have no connection at all to gold, which is something that has intrinsic value, unlike all fiat currencies since 1971.

So if BTC has no intrinsic value, then it is nothing new, since 1971 was 43 years ago as of now.

[apsvinet]

"Bitcoin is a big scam which created by drug dealers, hackers, illegal money resources" that's what my granny say to me, when i try to speak about bitcoin with her

Does your grandmother know that much about bitcoins? Impressive.

[Nas]

How sad you don't even know what Bitcoin is. Goodbye.

[keithers]

Is it just me, or does the OP kind of talk like the original "hodler?"

[neighborrr]

Nobody really knows how to work bitcoin system? I know!

[lczeng]

Do you know what is scam?

[QuestionAuthority]

Why is this stupid thread six pages long?

OP, I think you're just upset because your mother used to fondle you as a young boy.

[RomertL]

Why are people even posting replies in threads like this (ooops I think I just did)

[grifferz]

BitCoin is the way forward just like FREE energy it empowers people against greedy governments.

[pandacoin]

OP registered on December 2013, so he must bought at high times. Sorry for your lost but it's not scam.

[ecrick3]

sure , send your bitcoins 

[Lauda]

In my opinion Bitcoin is a big scam which created by drug dealers, hackers, illegal money resources.We buy bitcoin to sell it.  It likes gambling. Everyone wants to make money easly. But there is no way to make money with buy bitcoin. We just beleive it and pray like the religion. Nobody really knows how to work bitcoin system.It is just there is a thing that value XXX or XXXX. But need to realize that we do that. There is no real thing.

I am lucky because I quit bitcoin buy and sell.

Do not angry me it is reality. I respect if you agree or disagree.

Who decides what the reality is? You, the average Joe? Purely because you're mad that you didn't buy in when a BTC was trading in decimal $.

Nobody really knows how to work bitcoin system.

What are you talking about?
We know exactly how the system is working.

[apsvinet]

sure , send your bitcoins 

If OP had any bitcoins he wouldn't be so mad. Probably missed the 2usd value period and is extremely bitter.

[GigaBit]

In my opinion Bitcoin is a big scam which created by drug dealers, hackers, illegal money resources.We buy bitcoin to sell it.  It likes gambling. Everyone wants to make money easly. But there is no way to make money with buy bitcoin. We just beleive it and pray like the religion. Nobody really knows how to work bitcoin system.It is just there is a thing that value XXX or XXXX. But need to realize that we do that. There is no real thing.

I am lucky because I quit bitcoin buy and sell.

Do not angry me it is reality. I respect if you agree or disagree.

This message is brought to you by J.P. Morgan Bank and U.S. Federal Reserve

Sounds like Diane Feinstein talking FFS....

Socialist Lieberals - We Don't Know What We're Doing so Make Everything Illegal Instead of Learning.

[tanil]

Bitcoin for the unemployed people

[pandacoin]

Bitcoin for the unemployed people

LOL. OP came back and just said this. We are all unemployed.

[apsvinet]

Bitcoin for the unemployed people

LOL. OP came back and just said this. We are all unemployed.

Yep he's right. That's why the bitcoin investors can buy bitcoins at high rates, because we don't have any money and are unemployed. Logic at it's finest.

[tanil]

I always tell the truth !

[rgm108]

Simple actually. People are always scared of new stuff...

http://www.coindesk.com/cash-invented-seen-media-today/

~rgm

[Lauda]

Bitcoin for the unemployed people

Yes, I have no job, no money. 
How do you think that I bought [insert amount] bitcoins then?

[Rulishix]

How is bitching a scam or Ponzi scheme? It's a currency like any other and the price is affected by the interest of the people that decide to use it. It rises when bought and lowers when sold. No scam. It's been around too long and survived too much!

[apsvinet]

Simple actually. People are always scared of new stuff...

http://www.coindesk.com/cash-invented-seen-media-today/

~rgm

I love that one, it's great to link in the hate posts that these newbies create on a daily basis.

[Nas]

Hahaha this thread is hilarious.

[Bitcoinpro]

not all 2 minute noodles and stir fry sauce are wat they are cracked up to be

shop around and stick with the ones that worked

[Skele]

Bitcoin for the unemployed people

Oh you are wrong dude, Bitcoin is an awesome add in for clerks, employers and CEOs, if Bitcoin is the only thing that feeds you then you need to hold tight your balls, stand up and find a job...

[LiteCoinGuy]

In my opinion Bitcoin is a big scam which created by drug dealers, hackers, illegal money resources.We buy bitcoin to sell it.  It likes gambling. Everyone wants to make money easly. But there is no way to make money with buy bitcoin. We just beleive it and pray like the religion. Nobody really knows how to work bitcoin system.It is just there is a thing that value XXX or XXXX. But need to realize that we do that. There is no real thing.

I am lucky because I quit bitcoin buy and sell.

Do not angry me it is reality. I respect if you agree or disagree.

How is it possible to make every sentence a wrong statement? This shows zero understanding of bitcoin.

Luckily for us, you quit.

because he is a Troll  

[Eric2013]

yes mate, i would doubt for what u said, but u need to see something more positive, before bitcoin, none have ever notice this area! like a lot of inventions, bitcoin must be one of the greatest ones. That is what u cant deny at all.