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Topic: BCH scam awareness (Read 1617 times)

sr. member
Activity: 686
Merit: 277
November 19, 2017, 01:49:31 AM
#41
Perhaps we cannot call Bitcoin Cash as a scam, because it wasn't swindling money from anyone, and the truth it gave an equally amount for anyone who own Bitcoin.

What ever the reason of Bitcoin Cash drastic soaring value are cannot be tell by anyone. If you own BTC during the fork, you definitely enjoying now.   
Bitcoin cash is actually a hard fork introduced by a group to give a hard competition to bitcoin, but truly its not a scam, it is a digital currency trying to make its way smooth to success and will try hard to take the throne from bitcoin, but my personal opinion is that it would not be able to replace bitcoin because bitcoin is more promising and is providing good chances to the investors
member
Activity: 130
Merit: 10
Future of Gambling | ICO 27 APR
November 15, 2017, 05:44:18 AM
#40
BCH has become a scam. Since its price growth is overhyped by those who already profited many also engaged into BCH and when the price drop many has lost their investments.
newbie
Activity: 39
Merit: 0
November 14, 2017, 05:59:59 AM
#39
BHC Scam Cool
centralized with owners and promoters that are lyers and traitors.
they pump it around 2.2k and then they start dumping it, the scammers that they are.
the nubies that started buying around 1.7k are played by the scammers.
full member
Activity: 546
Merit: 100
November 14, 2017, 05:52:37 AM
#38
I would like to get involved in any groups or campaigns which might be raising awareness of the truth behind the current attempt of BCH to takeover BTC, and how BCH is fundamentally a scam, or at best, a centralised coin.

Other than the obvious posting on Reddit and Twitter, does anyone here know where I should go to optimise my efforts to raise awareness for newbies?

Cheers

thanks for the concern, but it is very obvious that bch is a total scam, i dont know why do people believe in this altcoin, or just because more and more investors are switching in bch just to get more profits in a smartest ways.  Grin then the other newbie are just following the flow that do not know what they really doing. for me i hate altcoins from the fork, they are just want to be rich by copying the others.
legendary
Activity: 1218
Merit: 1003
November 14, 2017, 04:53:40 AM
#37
I would like to get involved in any groups or campaigns which might be raising awareness of the truth behind the current attempt of BCH to takeover BTC, and how BCH is fundamentally a scam, or at best, a centralised coin.

Other than the obvious posting on Reddit and Twitter, does anyone here know where I should go to optimise my efforts to raise awareness for newbies?

Cheers

You can start here by actually stating a case!
How is Bitcoin cash trying to take over Bitcoin? I can see that they would like to take over from Bitcoin as the top cryptocurrency, but they can't take over Bitcoin...

To me Bitcoin cash is what it is. It is an Alt but it is also probably what Bitcoin should have become. Paying $20 to spend my Bitcoin isn't much fun. Basically whenever the mempool gets too full, Bitcoin Cash will look more attractive.

I don't think that Bitcoin Cash will ever take over from Bitcoin, but people buy it due to deficiencies in Bitcoin.

Or am I wrong?
member
Activity: 101
Merit: 10
November 14, 2017, 04:48:42 AM
#36

It's scammy because they are trying so hard to convince newcomers to buy into it as either the original Bitcoin, or the inevitable replacement of BTC, whereas in truth, it's a forked copy of bitcoin, with an entirely different team.


This is even worse with SegwitBitcoin. They are trying so hard to convince everyone that it is the original Bitcoin, yet, the team behind it has nothing to do with the original bitcoin, and they have made much greater changes to the protocol (than BCH).

And what segwit will lead to is Lightning Network. Lightning network will allow centralized hubs (banks) to make accounts and transactions for you, and the banks will settle on the blockchain.
So in essence, everyone will be robbed of the blockchain, because it will be for banks. Your account will then be controlled, regulated and censored.
Goodby freedom and decentralization.

And some people have the audacity to call this the original bitcoin. Its preposterous.
hero member
Activity: 894
Merit: 501
November 14, 2017, 04:34:12 AM
#35
i laugh when people say "what group can i join to do X"
its like asking what cabin can i trap myself in and circle jerk the same thoughts to others who think the same. whereby the outside world hears nothing.

but to answer the OP's question. he can suck eggs with core devs if he really wants to circle jerk the narrow mindset.

P.S if you really idolise decentralisation avoid joining core, avoid grouping yourself together in a small part of the internet, avoid trying to control the narrative with propaganda campaigns and instead spend your time actually learning what things are

looks like I touched a nerve... get your emotions in check and form a rational basis for discussion please. thanks.

I'm not idolising decentralisation. I simply recognise that it is possibly the most valuable characteristic to cryptocurrencies. To my mind, it is valuable because it prevents an individual or small group (cartel) from controlling it for their own means. Even if starting out with a hypothetical benevolent and trustworthy noble 'president', who has allot of control over what happens to the coin, as well as the mining, BCH will always be at risk, as that 'president' could be compromised, corrupted, or usurped. If that happens, and in time it always does inevitably given time (see fiat currencies!), then the currency looses its trustworthiness and value. 

Decentralised mining is even more important than decentralised leadership. Without decentralisation of mining, there's not actually any point to having a blockchain. You might as well just print a finite number of coins which are then run from a centralised server, like Ripple, which does fairly well for such purposes.

For these reasons, I would prefer Bitcoin Gold ideally, though its dev team seems to be too inexperienced at the moment. I actually consider BTC ASIC mining to be too centralised.


while I'm not into BCH and I sold all my share at the beginning , I still don't know why some people try to call it scam
where is the scam with it ?? it wasn't premine and if you were btc holder you already got your share so people didn't even pay for it in the past ??

I started to feel like some people are regretting that they sold their share early and now they are shocked with the price , cause you can call BCH whatever you want but not scam at all !!

It's scammy because they are trying so hard to convince newcomers to buy into it as either the original Bitcoin, or the inevitable replacement of BTC, whereas in truth, it's a forked copy of bitcoin, with an entirely different team. Bitcoin Gold, on the other hand, are not trying to claim the 'Bitcoin' brand as it were, nor, unlike BCH, are they actively trying to attack BTC and confuse people as the BCH camp have obviously been doing. That's the difference between a friendly fork and a hostile fork. The guys running BCH are deliberately trying to mislead people. Had it not been for such underhanded tactics I might not be so against it! (I also hate r/Bitcoin as it's way to tightly moderated)
newbie
Activity: 39
Merit: 0
November 12, 2017, 10:40:27 AM
#34
bitcoin boat has abandoned , they all move to bch , sooner or later bch will reach btc prize and vice verza  Cool
just imagine that BTC will fall what trust can we have in any coin?

None at all. You are correct there is no way we can be 100% sure that btc core is not going to turn out scam, but since it's the first coin people tend to lean towards it. I think at this point it's best if you are holding both BCH and BTC. I never sold my BCH after the fork, I was planing to sell now but I think I am going to wait this out.

i agree i will hold on to my BTC...one problem must be solved before we all lose out...this chinees miners are tempering with our btc infrastructure...we should block them from mining BTC and give others a chance..this mining centralisation is bad news
member
Activity: 140
Merit: 12
November 12, 2017, 04:25:03 AM
#33
I would like to get involved in any groups or campaigns which might be raising awareness of the truth behind the current attempt of BCH to takeover BTC, and how BCH is fundamentally a scam, or at best, a centralised coin.

Other than the obvious posting on Reddit and Twitter, does anyone here know where I should go to optimise my efforts to raise awareness for newbies?

Cheers

BCH go tothemoon. BTC down. I will buy BTC on 4500$

No you don't Sir - you don't get to call the price - BTC has already gone up.  You have missed the boat !!
sr. member
Activity: 1008
Merit: 297
Grow with community
November 12, 2017, 04:21:16 AM
#32
Perhaps we cannot call Bitcoin Cash as a scam, because it wasn't swindling money from anyone, and the truth it gave an equally amount for anyone who own Bitcoin.

Yeah, they don't swindle, but if you lose your money the feeling is the same.

Quote
What ever the reason of Bitcoin Cash drastic soaring value are cannot be tell by anyone. If you own BTC during the fork, you definitely enjoying now.   

The way i look at it, it is somewhat a bait, any trader can interpret it and don't bite them for long term, its an aggressive attempt
full member
Activity: 476
Merit: 101
November 12, 2017, 12:21:51 AM
#31
Perhaps we cannot call Bitcoin Cash as a scam, because it wasn't swindling money from anyone, and the truth it gave an equally amount for anyone who own Bitcoin.

What ever the reason of Bitcoin Cash drastic soaring value are cannot be tell by anyone. If you own BTC during the fork, you definitely enjoying now.   
full member
Activity: 304
Merit: 100
November 12, 2017, 12:11:11 AM
#30
It's a matter of great concern. But I think Bitcoin is not a cash scam. Because it is actually because of Bitcoin Fork. So it's really hard to say that Bitcoin Cash Scam So it is necessary to study without hearing anything.

BCH was made for hype and speculation for the most part. Roger Ver isn't "Bitcoin Jesus". He is just a rich person who exploits the market as strong as he can. Fundamental value of BCH isn't stronger than original BTC for sure. They timed it now because there is no certain plan for BTC right now. They will pump it and than dump it. Just my opinion.
hero member
Activity: 1008
Merit: 1000
November 12, 2017, 12:07:05 AM
#29
BCH is a whale game, just hold tight to your real bitcoin and don't get duped into donating your coin.

You have to consider that bitcoin is worth what it is because of 8 years of adoption across the globe.  Once the games end then bch will get dumped hard because at the end of the day there is nothing you can actually do with it.
hero member
Activity: 1064
Merit: 529
November 11, 2017, 11:58:31 PM
#28
bitcoin boat has abandoned , they all move to bch , sooner or later bch will reach btc prize and vice verza  Cool
just imagine that BTC will fall what trust can we have in any coin?

None at all. You are correct there is no way we can be 100% sure that btc core is not going to turn out scam, but since it's the first coin people tend to lean towards it. I think at this point it's best if you are holding both BCH and BTC. I never sold my BCH after the fork, I was planing to sell now but I think I am going to wait this out.
full member
Activity: 138
Merit: 100
November 11, 2017, 11:53:45 PM
#27
Legacy Bitcoin is the true sham.

Bitcoin Cash has now surpassed Ethereum in Market cap!

https://twitter.com/BitCoinBCH/status/929557140796329985
member
Activity: 98
Merit: 10
November 11, 2017, 11:49:46 PM
#26
I would like to get involved in any groups or campaigns which might be raising awareness of the truth behind the current attempt of BCH to takeover BTC, and how BCH is fundamentally a scam, or at best, a centralised coin.

Other than the obvious posting on Reddit and Twitter, does anyone here know where I should go to optimise my efforts to raise awareness for newbies?

Cheers

When do you think it will be dump?
newbie
Activity: 39
Merit: 0
November 11, 2017, 11:34:44 PM
#25
bitcoin boat has abandoned , they all move to bch , sooner or later bch will reach btc prize and vice verza  Cool

I do not agree, al exchanges are running on BTC and this fact can not change without them changing to BCH in concert.
dont see this happening. + we must not forget what Bitcoin has done for us, if we do it will be a big mistake.

just imagine that BTC will fall what trust can we have in any coin?
full member
Activity: 224
Merit: 100
November 11, 2017, 11:16:48 PM
#24
whales already accumulated tons of bitcoin cash at 600$ per bch even roger ver i think has tons of holding bch, this is clearly a whale game, once this hype is done watch how they will dump their bch again pity to those who will buy at  this bch hype

BCH is not a scam. A scam is telling others bch is a scam just because you don't like the coin. If you don't like the coin, don't buy it. I am not a whale, but nothing stopped anyone from accumulating. I bought some $300. The truth is that people need to stop listening to stupid advice. BCH has better fundamentals than most coins. People must realise bch is here to stay.
full member
Activity: 406
Merit: 100
homt.net
November 11, 2017, 11:13:19 PM
#23
It's a matter of great concern. But I think Bitcoin is not a cash scam. Because it is actually because of Bitcoin Fork. So it's really hard to say that Bitcoin Cash Scam So it is necessary to study without hearing anything.
full member
Activity: 448
Merit: 100
Virtual Assistant | Remote Admin Support
November 11, 2017, 11:08:18 PM
#22
bitcoin boat has abandoned , they all move to bch , sooner or later bch will reach btc prize and vice verza  Cool
Absulutely false bud. This was they same situation last September when the first fork was launch. Everybody was in chaos when btc was dropping. But surprisingly bitcoin was able to recover and even hit the $7000 mark. No wonder bitcoin will increase again in few days.
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