bitcoin is a scam

[dragonlord123]

bitcoin is a scam. when bitcoin prices are low, everything gets jacked up to like 80 bitcoins. when bitcoin is high, everything gets lowered to like 0.15. wtf is the point when you can use real money? wtf are you mining? did you literally buy a computer server for somebody else and think you're getting your money back when they give you like 5 bucks a month ahah.. good luck. what a bunch of bullshit.

[knight22]

bitcoin is a scam. when bitcoin prices are low, everything gets jacked up to like 80 bitcoins. when bitcoin is high, everything gets lowered to like 0.15. wtf is the point when you can use real money? wtf are you mining? did you literally buy a computer server for somebody else and think you're getting your money back when they give you like 5 bucks a month ahah.. good luck. what a bunch of bullshit.

Welcome to the illiquid market of bitcoin. You're up to come back in a few years when the market will become more liquid therefore more stable.

[CtrlAltBernanke420]

^ what guy one post above said.


Welcome to what is known as a "shallow pool" When the few whales in the market move, the whole pool moves. Put the whales in the ocean... Free market forces at play.

It is also a very young and quite immature market. There is no central point to bitcoin. It has a very strict set in stone concept, which offers some very unique properties to create a new financial instrument. You need to think about money and wealth differently.

As OP mentioned, 6 months ago you could buy something for a lot less bitcoin than today. Which is true... To a point, Go before that, prices were 98-115/btc. 12-14 months ago. So if you bought then and just didnt spend your coin, perhaps in this weekend price dip you bought a few more. and other people also bought small chunks of it. Some to use, some to save. Then the price goes up, however, if and when the mainstream adopts bitcoin, it will occur largely in the span of only 3-5 years. So yes perhaps rocky for a few years, perhaps certain disruptions to the economy based on how strong the currency is, but once that period is over and everyone knows how to use bitcoin, demand will kick in, and a new economy will be born... With MOST people not having any more than .0001btc...

In todays terms, OP makes a genuine point, to use dollars, however over the next few years or so, dollars may become less and less attractive as the world spins into hell.

[DannyHamilton]

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plonk

[Vod]

bitcoin is a scam. when bitcoin prices are low, everything gets jacked up to like 80 bitcoins. when bitcoin is high, everything gets lowered to like 0.15. wtf is the point when you can use real money? wtf are you mining? did you literally buy a computer server for somebody else and think you're getting your money back when they give you like 5 bucks a month ahah.. good luck. what a bunch of bullshit.

You realize because you were too cowardly to post with your main account, your words mean nothing?   

[Beliathon]

bitcoin is a scam.

https://en.bitcoin.it/wiki/Myths

[itsAj]

Bitcoin is far from being a scam it is accepted by major companies.

[h4xx0r]

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plonk

lol. i'm gonna troll the forum posting this as a reply to every post Vod. makes.

[Vod]

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plonk

lol. i'm gonna troll the forum posting this as a reply to every post Vod. makes.

People are going to use the "Report to Moderator" link for the SPAM, and your account will be banned.   

[h4xx0r]

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plonk

lol. i'm gonna troll the forum posting this as a reply to every post Vod. makes.

People are going to use the "Report to Moderator" link for the SPAM, and your account will be banned.   

 

[Connor936]

bitcoin is a scam. when bitcoin prices are low, everything gets jacked up to like 80 bitcoins. when bitcoin is high, everything gets lowered to like 0.15. wtf is the point when you can use real money? wtf are you mining? did you literally buy a computer server for somebody else and think you're getting your money back when they give you like 5 bucks a month ahah.. good luck. what a bunch of bullshit.

You realize because you were too cowardly to post with your main account, your words mean nothing?   

The OP's word does not mean anything one way or another. What he is saying does not contain any logic. It is nothing more then a bunch a random sentences that do not even make any sense

[seriouscoin]

Someone with a username "Dragonlord" sure sounds like a kid living in his mom's basement.

Gotta love this kinda thread.

[reg]

bitcoin is a scam. when bitcoin prices are low, everything gets jacked up to like 80 bitcoins. when bitcoin is high, everything gets lowered to like 0.15. wtf is the point when you can use real money? wtf are you mining? did you literally buy a computer server for somebody else and think you're getting your money back when they give you like 5 bucks a month ahah.. good luck. what a bunch of bullshit.

the number of posts of this op (1) indicates to some extent the depth of his research into btc. It is plain nonsense imo what he has stated. it is true that very early adopters paid more btc for goods when the price was a few dollars or less. But if that was the going rate and you received your item that is not a "scam".  Similarly today because of the phenomenal increase in btc value as a currency you pay less but again if you receive your item its not a scam. mining including cloud mining is something every participant has to decide if the roi is suitable for them. Again its an individual choice to do it or not so that is not a scam either!.

[bitkilo]

Biggest bullshit post i've ever wasted my time reading.
Thanks, i will never get the 10 seconds of my life back it took me to read that.
Damn trolls.

[susan234]

“what a bunch of bullshit."

Only this  sentence is true。

[windytime]

“what a bunch of bullshit."

Only this  sentence is true。

Totally agree

[snappa4ever]

I cannot believe people actually say these things anymore.

[moriartybitcoin]

bitcoin is a scam. when bitcoin prices are low, everything gets jacked up to like 80 bitcoins. when bitcoin is high, everything gets lowered to like 0.15. wtf is the point when you can use real money? wtf are you mining? did you literally buy a computer server for somebody else and think you're getting your money back when they give you like 5 bucks a month ahah.. good luck. what a bunch of bullshit.

If by 'real money' you mean FIAT MONEY, then you are vulnerable to a hidden tax (ie, inflation). The government can simply print more fiat money and inflate away your wealth.

Obviously you know nothing about Bitcoin and you are just a fool.

[SpyPacked]

This post, I just can't even...

I can't believe I just read that.

[philiveyjr]

huh?? what?? this post gave me cancer.!!