Pages:
Author

Topic: Bitcoin is creating money out of thin air - page 4. (Read 1503 times)

newbie
Activity: 56
Merit: 0
The absence of a central node of the administration of the administration means that they are not legally and regionally banned from Bitcoin's Internet money when transferring within the Bitcoin system is not subject to jurisdiction.
member
Activity: 266
Merit: 10
Bitcoin yes it turns out creates money from the air because in the first place it is a digital currency and secondly it is money that is taken from long or fast waiting and raising prices for bitcoins.
member
Activity: 266
Merit: 32
US dollar, Euro, UK pound, Chinese Yuan, Yen, Indian Rupee and others are digital currency when you pay at shops, bills, online shopping by credit cards or debit cards. Who says Bitcoin is the only digital currency ??

There is all kinds of "Water Filters store" (commercial systems also with 10,000 gallons/day pure water capacity) on my Twitter page. See it (below) to know how international payments and buying is done with digital currency.
newbie
Activity: 64
Merit: 0
US dollar, Euro, UK pound, Chinese Yuan, Yen, Indian Rupee and others are digital currency when you pay at shops, bills, online shopping by credit cards or debit cards.

Who says Bitcoin is the only digital currency ??
member
Activity: 476
Merit: 17
What he said is applicable to everything that has value. So in that sense he is wrong. Anything is valued on what people are willing to pay them.If a Superman comics can cost up to $2,000,000 then why not bitcoin.
25,000,000 people worldwide accept Bitcoin. how does Bitcoin become money Huh??

USA and Saudi Arabia signed $350,000,000,000 deal for 10 years in US Dollars. That's money.
If you look at the essence of Bitcoin, you can understand that Bitcoin does not create money, Bitcoin is money, digital money based on mathematical code. Once people paid with silver and gold coins, but they were replaced by paper banknotes, later bank cards appeared, but all these types of money had a centralized system of issuing and controlling the amount of money being issued. That's why Bitcoin came to replace the old money, which is based on the revolutionary blockchain technology and the emission is strictly subject to the mathematical code laid down in Bitcoin, so it can not be compared with the traditional dollar, euro, pound, etc.
hero member
Activity: 840
Merit: 520
Ex-RBI chairman said "Bitcoin is creating money out of thin air". It is biggest scam of all.   Angry
Bitcoin is not the scam, it's just the rubbish rumor because BTC is the boon for the humanity and BTC could never be the scam because investing into BTC has provided employment and so huge profit to millions of people so BTC could never be the scam, moreover BTC is an asset which can be saved for the future generation and a resource and obviously the day will come when BTC would be able to replace paper currency and would be used by everyone.
member
Activity: 266
Merit: 10
The big scammers are the government they scam the poor to their pocket,the rich also scam the poor to their own pocket.For bitcoin it is no scam. 
sr. member
Activity: 1330
Merit: 258
Ex-RBI chairman said "Bitcoin is creating money out of thin air". It is biggest scam of all.   Angry

Wrong!
How can make money from air? Grin
Bitcoin is powerful blockchain system.. and very huge bussines machine using new technolodgy.
It's not scam this is really, dude
member
Activity: 266
Merit: 32
Ex-RBI chairman said "Bitcoin is creating money out of thin air". It is biggest scam of all.   Angry
Big investors do not dare invest in things that are too risky like the crypto, and they start to scoff at things they do not. So do not worry too much about this, it's like a circular investment, the failed investors will profit the winners.

Super-HYIP
jr. member
Activity: 308
Merit: 1
Ex-RBI chairman said "Bitcoin is creating money out of thin air". It is biggest scam of all.   Angry

I think he got it all wrong. Bitcoin value is increasing fast due to the cause of supply and demand. While bitcoin is increasing drastically in demand and people are now learning about it everyday, investments grow too he just misunderstood bitcoin thats why it seems like a scam for him.
newbie
Activity: 196
Merit: 0
   If you look at the people are busy with different work in the bitcoine ecosystem, count how much they spend on it time and resources,
how much energy is spent, how large is the already large infrastructure around this whole community.
   Is this money from the air?
full member
Activity: 504
Merit: 100
February 28, 2018, 09:48:06 AM
Ex-RBI chairman said "Bitcoin is creating money out of thin air". It is biggest scam of all.   Angry

You can't make money out of thin air. You technically lose the bitcoin you sell for money. You sell your bitcoins to something that is as temporary as money. It's not about getting where the money is but the fact that you traded pure potential for money.
full member
Activity: 403
Merit: 100
February 28, 2018, 09:45:11 AM
Ex-RBI chairman said "Bitcoin is creating money out of thin air". It is biggest scam of all.   Angry
Big investors do not dare invest in things that are too risky like the crypto, and they start to scoff at things they do not. So do not worry too much about this, it's like a circular investment, the failed investors will profit the winners.
legendary
Activity: 1638
Merit: 1001
February 28, 2018, 09:42:53 AM
Ex-RBI chairman said "Bitcoin is creating money out of thin air". It is biggest scam of all.   Angry

 Grin It is like Jamie Dimon's (JP Morgan CEO) statement about "bitcoin is a fraud" for which he after apologized. Just wait some time..
member
Activity: 252
Merit: 44
February 28, 2018, 09:35:59 AM
it's the same thing that Facebook share cost 1 dollar and became 10 dollars! 9 dollars from where did they come if the number of users remained the same?
jr. member
Activity: 126
Merit: 4
February 28, 2018, 09:35:03 AM
Maybe he needs to understand the technology behind cryptocurrencies. Creating something out of nothing is possible but if people don't give value to it that means it would be useless. the reason why bitcoin is going up in value is it's limited supply and the technology behind it.
member
Activity: 266
Merit: 32
February 25, 2018, 09:16:07 PM
Mining  of bitcoin is not a thin air, and remittance  of bitcoin from one end to another  too a thin air. Bitcoin in an is a pure business

FBI/Federal police shut down "12dailypro HYIP' that was paying 25% profit every month. HYIP are ponzi scams

Past 3 years, Bitcoin profit was 55% every month ($1000 to $20,000)
jr. member
Activity: 193
Merit: 1
February 21, 2018, 09:57:21 AM
It's not.Let's put it this way, if you have credit card you can so transactions using it then you have to pay for it with actual money. Bitcoin is like the other way around, you have to pay/invest first then you can do transactions with stores/shops that accepts bitcoin as payment though.
member
Activity: 179
Merit: 10
February 21, 2018, 09:35:05 AM
Fist ask here for our country that bitcoin is not a scam and way to earn bitcoins .and bitcoin is not actually a scam .people are really scams because they know how to lie and by using that anything like bitcoin or Fiat currency is bitcoin always and what is the good cryptocurrency this is the reason people need to be aware and study it should be the real scam on site etc.and how to earn and spend bitcoin in legit way and many people accept or use bitcoin than other cryptocurrency everyone is dislike other people to mislead information its a shared  with people I know not about it and as for scammer we should worry about things that we have made something wrong and please do what should change your life.
full member
Activity: 313
Merit: 100
February 21, 2018, 12:40:40 AM
Yes, you are right. Bitcoin create money in just a glance if we do the right way and right decision making in investing. Earn income more than what we think it doubled, doubled or more. It is a futuristic way to help every body's financial problem.

Man selling 8000 Bitcoins

https://bitcointalksearch.org/topic/i-have-around-8000-btcbut-my-country-are-too-small-cap-to-cash-out-2698402
If you have ICO tokens it is good for you to hold, holding is best for investors as they hold and wait it will be sure that profit will become your future, bitcoin is money generators, but I think by creating money in the thin air it does not mean that it is being mined up in thin year. Buying tokens is being best for people who are investing and waiting long, so! It is best in thin air as well.
Pages:
Jump to: