Topic: A Late Show with Stephen Colbert calls bitcoin a scam - page 3. (Read 575 times)
It's irritating, but understandable that it happened. TV personalities are expected to give an opinion on whatever is the topic of the day. Of course they can't be experts in all (or really any) of these, the subjects are many and varied, so there is only the time to develop a superficial understanding. It's little different from the modern TV news phenomenon of vox pops. If you want an informed opinion on something, get an expert, or preferably experts from both sides, and a mediator, and then have an informed debate. On the other hand, if you want light entertainment with little substance, that's what you get.
They can call bitcoin whatever they want, but they will change their mind when they look at the price increase.
I watched the video mate, I never heard Stephen Colbert called bitcoin a scam, what he said is a bitcoin scam, and he explains it that a bitcoin scam is anything involving bitcoin. So it my understanding, it does not mean bitcoin is a scam.
same
I'm wondering if you guys watch the video.
Have you heard about dollar scams, those ones involving dollar? I have, actually, but never heard of someone calling them that way - dollar scam. It would make us thinking that dollar is used for illicit purposes. As we all know, it is widely used for such purposes but no media will point on that fact. Why would media do that in case of bitcoin then? In fact, there is no significant difference between two currencies, because sometimes both are being used by some bad guys to decieve good ones. Maybe someone trying to deliberately render bitcoin bad currency by calling some hacker attack bitcoin scam? And what does it mean, anyway? Bitcoin scam is anything involving bitcoin. same
Yup, and to clarify, he starts off the segment by saying: "Now if you're not familiar, a Bitcoin scam is anything involving Bitcoin."
I'm wondering if you guys watch the video.
Quote
Bitcoin mining is something involving bitcoin. Is it scam too?
No, because bitcoin mining is not a scam in general, but if there scammers out there will use bitcoin mining to scam people, Stephen might call it bitcoin mining scam, but it does address to the general bitcoin mining as a scam.
My conclusion is, BITCOIN SCAM is not BITCOIN IS SCAM. These two has different meaning.
"A bitcoin scam is anything involving Bitcoin."
And he even said that line with a straight face lol. Yeap, that's either just pure ignorance, or they know what they're doing and he said that line mostly to spark discussions in crypto-communities(like what we're doing right now).
And he even said that line with a straight face lol. Yeap, that's either just pure ignorance, or they know what they're doing and he said that line mostly to spark discussions in crypto-communities(like what we're doing right now).
I replayed it like 4 times trying to understand and asking myself. "Is he serious or just joking?"
Yeah, that was the script.
Hardcore statements without knowledge.
So if they ask for USD.
Anything involving United States of America?
I'll go hardcore too! 
I watched the video mate, I never heard Stephen Colbert called bitcoin a scam, what he said is a bitcoin scam, and he explains it that a bitcoin scam is anything involving bitcoin. So it my understanding, it does not mean bitcoin is a scam.
same
I'm wondering if you guys watch the video.
Have you heard about dollar scams, those ones involving dollar? I have, actually, but never heard of someone calling them that way - dollar scam. It would make us thinking that dollar is used for illicit purposes. As we all know, it is widely used for such purposes but no media will point on that fact. Why would media do that in case of bitcoin then? In fact, there is no significant difference between two currencies, because sometimes both are being used by some bad guys to decieve good ones. Maybe someone trying to deliberately render bitcoin bad currency by calling some hacker attack bitcoin scam? And what does it mean, anyway? Bitcoin scam is anything involving bitcoin. Bitcoin mining is something involving bitcoin. Is it scam too? same
Yup, and to clarify, he starts off the segment by saying: "Now if you're not familiar, a Bitcoin scam is anything involving Bitcoin."
I'm wondering if you guys watch the video.
Nothing to do with the anti-Bitcoin because they are blind enough to see the reality out from these scamming and hacking issues brought by these scammers.
Should we need to push Stephen Colbert to change his mind? probably he's not and probably we can't make it. But for those who know already about crypto/Bitcoin, they surely ignore him and his show.
It was a dumb thing to see that people can't move on from this twitter account hacking event. It has been moving into a resolution and thinks we need to forget about it.
Should we need to push Stephen Colbert to change his mind? probably he's not and probably we can't make it. But for those who know already about crypto/Bitcoin, they surely ignore him and his show.
It was a dumb thing to see that people can't move on from this twitter account hacking event. It has been moving into a resolution and thinks we need to forget about it.
Just curious if anyone else caught A Late Show with Stephen Colbert a few days ago where he spoke about the twitter hack where the hacker requested payment in bitcoin. During the segment he calls bitcoin a scam. A pretty uneducated statement that was unfortunate to see. Obviously it didn't have much of an impact on bitcoin, but still kinda noteworthy.
https://www.youtube.com/watch?v=F8DDvJkx07U
Jump forward to 3:24
I think the Man don't trust Bitcoin at all?because before the show begins the Host already studied the topic and surely he had idea what bitcoin is all about?https://www.youtube.com/watch?v=F8DDvJkx07U
Jump forward to 3:24
Or he had researched in a wrong place thats why what he had is negatives about Bitcoin?
But you are correct this is very unprofessional because in Live TV you will speak as if you know what you are talking but the truth is all you know is shit.
He don't deserve to be a Host if he only Looks in single side though it is His right to give own opinion.
One day He will realize what is wrong in His statement now.
During the segment he calls bitcoin a scam.
I watched the video mate, I never heard Stephen Colbert called bitcoin a scam, what he said is a bitcoin scam, and he explains it that a bitcoin scam is anything involving bitcoin. So it my understanding, it does not mean bitcoin is a scam.
same
Yup, and to clarify, he starts off the segment by saying: "Now if you're not familiar, a Bitcoin scam is anything involving Bitcoin."
I'm wondering if you guys watch the video.
Just curious if anyone else caught A Late Show with Stephen Colbert a few days ago where he spoke about the twitter hack where the hacker requested payment in bitcoin. During the segment he calls bitcoin a scam. A pretty uneducated statement that was unfortunate to see. Obviously it didn't have much of an impact on bitcoin, but still kinda noteworthy.
To be frank i am hearing this name for the first time, like all the media personalities there is another person who wants his walk of fame bashing bitcoin and cryptocurrency and there is no point in discussing all these negative whores who does not have any idea about the market and still have their opinion because it is a free country . 
Just curious if anyone else caught A Late Show with Stephen Colbert a few days ago where he spoke about the twitter hack where the hacker requested payment in bitcoin. During the segment he calls bitcoin a scam. A pretty uneducated statement that was unfortunate to see. Obviously it didn't have much of an impact on bitcoin, but still kinda noteworthy.
https://www.youtube.com/watch?v=F8DDvJkx07U
Jump forward to 3:24
https://www.youtube.com/watch?v=F8DDvJkx07U
Jump forward to 3:24
This signifies that these bitches doesnt know or doesnt even tend to make up a little bit of basic research and trying to show up that they do know about much more on what theyve been talking.
Yeah this one is another thing that do give out bad impression towards Bitcoin and also this isnt something new though and you are right that things like these wont really give out significant impact on
its image.
The one who knows the real thing will surely just ignore these words.
People on TV should be careful with what they are talking, they have a lot of viewers so it could influence the mind of his followers.
But actually it's not the first time, and in fact it only make bitcoin stronger because despite there's a lot of criticism from big names in the past, bitcoin still survives and we are even performing better compared to the stock market where people think the most legit investment.
Maybe we should educate this guy with a graph comparing the stock market which are performing at its worst.
But actually it's not the first time, and in fact it only make bitcoin stronger because despite there's a lot of criticism from big names in the past, bitcoin still survives and we are even performing better compared to the stock market where people think the most legit investment.
Maybe we should educate this guy with a graph comparing the stock market which are performing at its worst.
For those who may not know Stephen, he used to do parody show, satirising everything, so including this Twitter scam and so called Bitcoin is a scam, so I wouldn't take his words seriously. And as @Wind_FURY has said, honey badger, doesn't care,
https://www.youtube.com/watch?v=4r7wHMg5Yjg
https://www.youtube.com/watch?v=4r7wHMg5Yjg
Yup, and to clarify, he starts off the segment by saying: "Now if you're not familiar, a Bitcoin scam is anything involving Bitcoin."
Maybe I'm wrong but that tone and look after he said that, and the rest of his show, is all tongue in cheek.
It's news, come on. Twitter scam, Bitcoin scam, bitcointalk scam. If that keeps people away from these things because they're not willing to find out more, well, then these things aren't for them =)
I guess we should expect that always coming from uneducated folks. They are free to say things that they want to say and describe bitcoin at the best of their definition. But, that doesn't mean they are intelligent which we obviously know what's the truth.
He should address more the Twitter hack rather than bitcoin. The twitters system not bitcoin. If he has a logic, he will understand why the hackers are asking for bitcoin because, it is money not a scam.
He should address more the Twitter hack rather than bitcoin. The twitters system not bitcoin. If he has a logic, he will understand why the hackers are asking for bitcoin because, it is money not a scam.
Bitcoin scam. Bitcoin scam. Bitcoin scam.
It is an absurd statement, which proves the fact that most media talking about Bitcoin technology are ignorant. They don't want to invest time to obtain understanding of such a complex ecosystem and keep publishing ridiculous news. That is the reason why I stopped reading news about Bitcoin long time ago, it is just waste of time. It gives you absolutely nothing in terms of figuring out what bitcoin actually is, what role it plays in scams and hacks, why it is being widely used by hackers and scamers of all sorts. Stop reading shit media unless you want to be ignorant like they are.
Media outlets like this wanted more publicities, they don't know
what they're talking but still insist to
proceed and continue attacking something that never been cleared
to them.
the reason why more people forget about reading news especially
those who are into this business.
Their ignorance to this technology isn't our fault, as followers we don't
give any value to this kind of statement
We are continuing and still enjoying all the benefits that we are getting
while to those who don't know anything
they are losing the luxuries that we are taking from time to time.
All this really does is it shows how much you should ever rely on personalities' mindsets and how ignorant they are. I wouldn't say something's a scam if I never even done a quick research over the subject.
It obviously doesn't impact BTC price-wise - it would have been a shame if we still were at the stage where one person's thoughts influenced BTC's price.
Just do your own research and stop being so easily influenced. We all have brains, we don't need others to tell us whether BTC is or isn't a scam. The way celebrities are able to change the mindset of a significant amount of people through a few words is truly scary.
It obviously doesn't impact BTC price-wise - it would have been a shame if we still were at the stage where one person's thoughts influenced BTC's price.
Just do your own research and stop being so easily influenced. We all have brains, we don't need others to tell us whether BTC is or isn't a scam. The way celebrities are able to change the mindset of a significant amount of people through a few words is truly scary.
This statement really bring a huge impact towards bitcoin's reputation to those ignorant people.
Once they don't try to hold bitcoin, then they will just still see bitcoin as a scam.
As long as they are not making transactions where they can earn money with their own manipulation, they will not know the true essence and value of bitcoin in our society. That's also the reason why governments are scared to engage with the use of cryptocurrency in their country, because they are afraid that scamming can really affect their community. If we don't make some changes towards this mindset then bitcoin will really have a bad image in their point of views.
Once they don't try to hold bitcoin, then they will just still see bitcoin as a scam.
As long as they are not making transactions where they can earn money with their own manipulation, they will not know the true essence and value of bitcoin in our society. That's also the reason why governments are scared to engage with the use of cryptocurrency in their country, because they are afraid that scamming can really affect their community. If we don't make some changes towards this mindset then bitcoin will really have a bad image in their point of views.
I don't think what he said is such a big deal since it was just a short statement about the Twitter hacking issue. Although based on what he said, we can say that he perhaps lacks knowledge about bitcoin since it was short yet misleading.
We know that bitcoin is usually involved in a lot of scamming or illegal activities. It's really difficult to change the mindset of the majority about bitcoin when all they hear and see on the news are those negative things.
People like that don't even know what bitcoin is. It is just like a 4 months old baby wanting to eat a pizza. How could he relate social media attack with a scam. Bitcoin is not a scheme which could be regarded as a scam if your money is stolen but scenario surrounding the hacks had given so many people audacity to speak bad about bitcoin just because they ain't know or successful holding bitcoin. If we could turn back the year and go back to 2011, I bet he will be among the people who will be ready to sell all he has to buy bitcoin
He should have shut his mouth when he doesn't have any idea what he is talking about. This is a serious matter man, especially when BTC is increasing its price in the market. Thankfully his statement is just some wind in the ear of his listener and it never takes any bad effect in the market. but still, they need to shut their mouth or someone will. They cannot speak badly about bitcoin in public without knowledge, they confusing their viewers out of ignorance on what they talking about.
Nothing new here. Bitcoin's adoption is inevitable. Sooner or later, those ignorant people will most likely get educated ones a lot of people starts using Bitcoin or cryptocurrency. Though this might influence many people, it's still won't affect Bitcoin that much in the long run. Just let them be. They will eventually use Bitcoin ones they know how this technology works.
That is normal thinking of a person who doesn't know things about bitcoin, that is why there are many people who do not use or explore cryptocurrency because they don't think that online money is legit. Just like my friend, he knows that there is a word online money but he doesn't want to try or even explore it because of thinking that it is fake. The only real-world is legit for them.
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