This is like the saying since the beginning even some experts are saying that bitcoin would disappear and the owner will just take the money of all people who invested in it. I mean don't you know that there are some experts who just give up saying that bitcoin would disappear and scam people? They are now investing in it and one of the hodler today.
Well, I am just saying that those people who said this should give up also saying that bitcoin is a scam. This is the evolution of money. Digital payments will be our future.
Topic: Bitcoin is for scammers, yea right! - page 3. (Read 14133 times)
To be honest, whatever can be used as a scam depends on the personalities of each person.
It is very easy to deceive people in modern times, such as utilizing the issue of bitcoin or cryptocurrency, but later you will get karma or your own bad reply for your actions.
Stay good and wise.
It is very easy to deceive people in modern times, such as utilizing the issue of bitcoin or cryptocurrency, but later you will get karma or your own bad reply for your actions.
Stay good and wise.
So, next time when someone tells you that Crypto currencies are used for scams, please highlight the fact that most scams are still being done under the nose of the regulated financial industry.
I totally agree! The world was already full of scammers and fraudsters before we met cryptocurrency. Sometimes media just acts like they were no criminals or scammers before crypto. It’s so stupid. Scammers always find ways to get what they want, they do it even with the most legalized businesses. No need to blame Btc for this type of stupid things.
I don't think it is as easy to launder money as people think it is with crypto. You have to go to fiat so how do you do that? If you make a lot of money and want to buy crypto that's fine nothing wrong with that.
If you buy the crypto before paying tax that won't work. You will have to pay your capital gains when you go to fiat eventually. It is the same as with a normal bank account. If you have a huge transaction it doesn't matter where it comes from the bank might ask about it. It doesn't matter if it came from another bank account of anyone or from an exchange bank. Makes no difference. At the end of the day fiat needs to move.
A scammer will take anything of value, you can't blame that thing. Only blame the person who does it. You cannot blame a thing or object for someone's behaviour. This is only as an excuse and not taking responsibility.
If you buy the crypto before paying tax that won't work. You will have to pay your capital gains when you go to fiat eventually. It is the same as with a normal bank account. If you have a huge transaction it doesn't matter where it comes from the bank might ask about it. It doesn't matter if it came from another bank account of anyone or from an exchange bank. Makes no difference. At the end of the day fiat needs to move.
A scammer will take anything of value, you can't blame that thing. Only blame the person who does it. You cannot blame a thing or object for someone's behaviour. This is only as an excuse and not taking responsibility.
I recently heard on TV news in my country that some criminals, drug dealers, bought drugs in the dark web and paid with bitcoin.
Because of such news, many people have negative image about bitcoin and think that bitcoin is mostly used by scammers.
We have to try our best to change such image about bitcoin or we will have more legal problems in the future.
Because of such news, many people have negative image about bitcoin and think that bitcoin is mostly used by scammers.
We have to try our best to change such image about bitcoin or we will have more legal problems in the future.
Due to the anonymity advantage of Bitcoin, a lot many scammers have attempted to include the currency in their scam attempts. And the lack of legalization of cryptocurrency in some of the nations have helped them in their pursuits. The most tragic thing is that almost always, it is the new users and the vulnerable ones who mostly become the victims to such scams.
As price is looking bullish once again, we can't disagree that scammers are taking interest in Bitcoins. There are scams which are identifiable but if ignored can cause you a lot.
Some of these are:
1.Hardware wallet theft
2.Exchange Scams
3.Fake ICOs
4.Cloud mining schemes
5.Multi-level marketing
And I totally agree that all the scammers should just leave this and actually let us do something healthy here , we are already tired of dealing with government accusations about how it is not something that should exist.
Only if we could filter it out and regulate it personally.
These are just scams techniques?Some of these are:
1.Hardware wallet theft
2.Exchange Scams
3.Fake ICOs
4.Cloud mining schemes
5.Multi-level marketing
And I totally agree that all the scammers should just leave this and actually let us do something healthy here , we are already tired of dealing with government accusations about how it is not something that should exist.
Only if we could filter it out and regulate it personally.
?
Why does the government or any authorities are too reluctant about the used of cryptocurrency Bitcoin to be specific is that they cannot control it. It is true that all the scams around the world involves FIAT or any financial institutions because in reality even if bitcoin was being used as the main tool for scam payments, Scammers will obviously still be saving the said fundings to Banking system using different names.
As price is looking bullish once again, we can't disagree that scammers are taking interest in Bitcoins. There are scams which are identifiable but if ignored can cause you a lot.
Some of these are:
1.Hardware wallet theft
2.Exchange Scams
3.Fake ICOs
4.Cloud mining schemes
5.Multi-level marketing
And I totally agree that all the scammers should just leave this and actually let us do something healthy here , we are already tired of dealing with government accusations about how it is not something that should exist.
Only if we could filter it out and regulate it personally.
These are just scams techniques?Some of these are:
1.Hardware wallet theft
2.Exchange Scams
3.Fake ICOs
4.Cloud mining schemes
5.Multi-level marketing
And I totally agree that all the scammers should just leave this and actually let us do something healthy here , we are already tired of dealing with government accusations about how it is not something that should exist.
Only if we could filter it out and regulate it personally.
?
No this is not right.. bitcoin is not for scammers rather it is for the people who wants to invest and who wants to earn from bitcoin.. rather we can purchase many things from bitcoin..
As price is looking bullish once again, we can't disagree that scammers are taking interest in Bitcoins. There are scams which are identifiable but if ignored can cause you a lot.
Some of these are:
1.Hardware wallet theft
2.Exchange Scams
3.Fake ICOs
4.Cloud mining schemes
5.Multi-level marketing
And I totally agree that all the scammers should just leave this and actually let us do something healthy here , we are already tired of dealing with government accusations about how it is not something that should exist.
Only if we could filter it out and regulate it personally.
Some of these are:
1.Hardware wallet theft
2.Exchange Scams
3.Fake ICOs
4.Cloud mining schemes
5.Multi-level marketing
And I totally agree that all the scammers should just leave this and actually let us do something healthy here , we are already tired of dealing with government accusations about how it is not something that should exist.
Only if we could filter it out and regulate it personally.
I think those who called Bitcoin a scam are not well educated about it. I find it pathetic how they simply judging it without knowing it first. I challenge them to enumerate the reasons why they say that Bitcoin is a scam. Maybe its just better to accept that you don't know about it than judging it without taking the reason.
I don't think they are not educated it's that they are not well informed about bitcoin, they only base their judgement mainly on rumors and didn't do a little research that's why they say is scam, but for me I don't really dwell on these people instead I pity them for being ignorant and not being able to see and experience bitcoin's potential and greatness.
Actually, both of them are the same in my opinion, whether it's regulated or not. Honestly, I am also a bitcoiner and I realize that there is still fraud in crypto but I also realize that Fiat is far more fraudulent because only a few criminals understand about crypto.
All currencies have their own bad side, such as fiat which still has a lot of corruption, even that is clearly done by state officials.
Fraudsters have many other ways to commit illegal actions. It is possible that bitcoin is also used for illegal purposes, but this does not mean that bitcoin is dangerous.
I agree with your opinion that bitcoin is often a target that discredits it as fraud, but actually it is spread by people who don't like bitcoin or bitcoin players but often lose and go bankrupt so they issue information that bitcoin is fraudulent.Bitcoin is digital money and it will become commonplace in the future, no need to worry that it will be a place of fraud. Business is a business, there is a profit and there is a loss. So, think smart and fair because bitcoin trading is one of the profitable trades.
This is a comment made by those who are not fully educated or at least know the basics about cryptocurrency. They openly accept and absorb the opinions of other people without even taking the initiative to make their own research. A judgemental point of view based on the ignorance of others! Negativity surely lurks the crypto space since the beginning and it seems nothing or no one will be able to extract it from this system. Something that most of us, if not all, should be able to adopt to.
The table have turned again and I think it's the second time because the media only started covering bitcoin in the midst of its all time high. Now they say, bitcoin is going to $100k and up. All about positive things. I barely see any FUD right now and it's much more about upcoming partnerships related to crypto. Everyone wants to get in and these could continue on the event when Libracoin is released.
I think those who called Bitcoin a scam are not well educated about it. I find it pathetic how they simply judging it without knowing it first. I challenge them to enumerate the reasons why they say that Bitcoin is a scam. Maybe its just better to accept that you don't know about it than judging it without taking the reason.
I don't think they are not educated it's that they are not well informed about bitcoin, they only base their judgement mainly on rumors and didn't do a little research that's why they say is scam, but for me I don't really dwell on these people instead I pity them for being ignorant and not being able to see and experience bitcoin's potential and greatness.
have you read the comments above you ? they said that not all people said that bitcoin is a scam are unknowledgeable or dont know anything about bitcoin . well id say its true because ive witnessed alot of pro investors online which claims that bitcoin is a scam and they say bad stuffs to bitcoin but i also agree on you that we shouldnt care too much for them becauase we already know to our selves that bitcoin is not really a scam or bad . bitcoin is a currency and also an investment asset and its only up to the user if what use he/she prefer for bitcoins .
Broiler in our local is a Ponzi scheme investment where you can buy chicks and then earn profit to almost 50% in just a short period of time. Yes, they are now block chain as I check their investment feature emphasizing the block chain in the form of pay ins and pay out.
You will be scammed if you are not well informed. Bitcoin was used before by a lot of fraudsters promising that they will double or triple your money in just 24-72 hours. A few years ago, a lot will fall for that even here in this forum, but also because of this forum, those sites cannot stand a chance anymore because of the warnings given here. Maybe newbies will still fall for those kind of schemes.
Newbies might have all the chances to be scammed since they are still in the learning process but if they can be very careful with their investment, scammers won't see chances to deceive them. This is a natural thing in crypto world so we should be more responsible with our investments right now to keep them safe all the time.
I think those who called Bitcoin a scam are not well educated about it. I find it pathetic how they simply judging it without knowing it first. I challenge them to enumerate the reasons why they say that Bitcoin is a scam. Maybe its just better to accept that you don't know about it than judging it without taking the reason.
I don't think they are not educated it's that they are not well informed about bitcoin, they only base their judgement mainly on rumors and didn't do a little research that's why they say is scam, but for me I don't really dwell on these people instead I pity them for being ignorant and not being able to see and experience bitcoin's potential and greatness.
I think those who called Bitcoin a scam are not well educated about it. I find it pathetic how they simply judging it without knowing it first. I challenge them to enumerate the reasons why they say that Bitcoin is a scam. Maybe its just better to accept that you don't know about it than judging it without taking the reason.
I don't think they are not educated it's that they are not well informed about bitcoin, they only base their judgement mainly on rumors and didn't do a little research that's why they say is scam, but for me I don't really dwell on these people instead I pity them for being ignorant and not being able to see and experience bitcoin's potential and greatness.
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