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Topic: Bitcoin is for scammers, yea right! - page 9. (Read 14131 times)

newbie
Activity: 17
Merit: 0
May 09, 2019, 12:52:12 AM
#63
For me, it’s up to you if you can be scam on bitcoin for we have escrow that acts as the third party when it comes to products that you want to buy online because bitcoin transactions are irreversible. Sometimes I ask myself if those people that believes bitcoin is a scam really knows about bitcoin or they’re just stereotyping it as others do. I use bitcoin to buy things online and play games, and I’ve never been scam.
full member
Activity: 714
Merit: 100
May 08, 2019, 10:18:38 PM
#62
Scam or fraud does not only happen using bitcoin but also using fiat money.

yes and i think criminals prefer to use fiat more oftenly because it is easy and it does not require any technical knowledge while bitcoin is mainly being used by hackers or to those criminals thats are knowledgeable enough because they are the ones that concious for thier privacy and security  .

Why are those people pushing that bitcoin is for scammers. It's digital money, yes, but it doesn't mean it's scam. Scammers are all around the world so regardless of what currency a person use whether it's bitcoin or fiat money, scam is unavoidable.

its because bitcoin looks so unbelievable  , i mean bitcoin is only digital and many people think that it was fake  . these people are only lacking of knowledge on what really the bitcoin was   .
newbie
Activity: 10
Merit: 0
May 08, 2019, 09:11:05 PM
#61
Scam or fraud does not only happen using bitcoin but also using fiat money. Why are those people pushing that bitcoin is for scammers. It's digital money, yes, but it doesn't mean it's scam. Scammers are all around the world so regardless of what currency a person use whether it's bitcoin or fiat money, scam is unavoidable.
full member
Activity: 742
Merit: 144
May 08, 2019, 04:56:49 PM
#60
Well, I guess they are just not holding bitcoin that's why they are creating so many FUDS on the internet to decrease the value of bitcoin and finally buy some of it. I saw many popular people did that.  The only thing that we can do about this is just to ignore those not optimistic.
Its hard to ignore that honestly because even if the market are good now if people react on the FUD it will still dump. I think they really want to make the market cheap that’s the main reason for them to do that. Those who think negative will not last in the market, newbies should ignore any FUD and avoid selling.
sr. member
Activity: 994
Merit: 257
Best Bitcoin Casino www.coinsaga.com
May 08, 2019, 04:05:05 PM
#59
We just need to tell them that every currency could be use  for scam.
Anything is being used Fiat and gold is also being used so don't just point on crypto.
Fiat is being used to money laundering like crypto and used for scam investment.
The only difference is crypto is much more easier to use.
Scammers would use anything that they could use to get some money.
sr. member
Activity: 840
Merit: 252
May 08, 2019, 03:50:29 PM
#58
Well, I guess they are just not holding bitcoin that's why they are creating so many FUDS on the internet to decrease the value of bitcoin and finally buy some of it. I saw many popular people did that.  The only thing that we can do about this is just to ignore those not optimistic.
hero member
Activity: 2310
Merit: 886
May 08, 2019, 02:27:17 PM
#57
We regularly read FUD articles in the popular media about Bitcoin being used in scams and that it is a perfect tool for scammers to hide their activities and the movie industry already labelled Bitcoin as the Internet of Money for the DarkNet.  Roll Eyes

I am currently watching a series called, "Undercover: Nailing the Fraudsters" and most of the scams featured there are done within a regulated environment. Boiler room scammers are not requesting payment in Crypto currencies to hide their activities, they get the victims to deposit money via their Bank accounts into their Bank accounts.  Roll Eyes

In business, the term boiler room refers to an outbound call center selling questionable investments by telephone. It usually refers to a room where salesmen work using unfair, dishonest sales tactics, sometimes selling penny stocks, private placements or committing outright stock fraud. - Source : https://en.wikipedia.org/wiki/Boiler_room_(business)

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.  Wink
Governments are a huge scam with their banking systems.
All they want is to make image of bitcoin very bad, that's all. Everyone knows history of deutche bank and others, how well were millions laundered. But no, bitcoin is still main target.
Then logically linux is an operating system that supports scammers + VPN and proxies are automatically in list. But if we think like them, then it seems electricity is an huge supporter of scam/criminal. When it is at night, you can do bad things online, when it's not available at night, it's easier to steal/robe and etc. Very illogical.
full member
Activity: 980
Merit: 114
May 08, 2019, 01:59:49 PM
#56
As every process associated to cryptocurrency happens through internet connectivity and are interconnected scammers find it easy to trap the users. In recent days around the world there is more number of scams got promoted with the name of bitcoin. More users have suffered it and has lost big. With this people term bitcoin is for scammers which is truly not the right thing.
Yes one can not deny that fact that there have been great number of scams in recent time and all through the use of bitcoin but even at that it not that scamming activities is not taken place in the traditional financial system e.g the bank. But bitcoin is seen as evil due to it nature as it exist only on the internet.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
May 08, 2019, 01:34:03 PM
#55
As every process associated to cryptocurrency happens through internet connectivity and are interconnected scammers find it easy to trap the users. In recent days around the world there is more number of scams got promoted with the name of bitcoin. More users have suffered it and has lost big. With this people term bitcoin is for scammers which is truly not the right thing.
full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
May 08, 2019, 12:31:41 PM
#54
It is hypocrites I read the title with ironic, I supposed ts want to prove something like contradicting the general opinion, and showing Bitcoin is not for scammer. So bitcoin is definitely for scammer, it didn't change anything when you try to justify it by calling the bitcoin a better option than the worst of all scams.
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
May 08, 2019, 11:52:08 AM
#53
Scams happen in every platform with every type of money whether it be gold, fiat or crypto. The thing is that cryptocurrency scams are highlighted in a way that people give it more importance and make a big fuss out of it.
Bank robberies, chain snatching, printing duplicate fiat currencies etc.. are some crimes that we all would have heard quite often. Although it makes a difference but crypto scams grabs more attention.
I think one of the reason this happen because less people invest in crypto and hence the others get a chance to say that this is why I don't invest in crypto because crypto is a scam.
Why do they don't realize that scams happen all the time with all the types of money. I am sure the wise ones would still invest in bitcoin which is the reason they are wise  Grin

The reason why Bitcoin crimes are highlighted are simple :

1. Bitcoin is not a single organisation that can sue you for deformation or slander.  Roll Eyes
2. Not enough people know how it works and what it is all about, so they make up shit.
3. Bitcoin has a lot of competition from companies and people with hidden agendas.
4. It is a technology that offers anonymity features and anonymity are linked to crimes.  Tongue

Some sharks are on the brink of extinction, because the movie industry sensationalized it's killer instinct and this gave those sharks a very bad reputation.  Angry
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
May 08, 2019, 11:18:36 AM
#52
Lol😂😂😂, That's what everyone think in the province i live. They all think Bitcoin is scam. But everytime they see someone spend few thousands of money from bitcoin or from crypto they also thought might doing some scam or illegal stuff.

Indeed, even at the lace of my work, there are many people who are skeptical about my survival and have explained to them time without number that, Bitcoin is not for scammers even though many bad guys uses it for illicit activities. Bitcoin is not for scammers, Bitcoin is for serious minded people that need freedom, transparency and stay anonymous.
legendary
Activity: 2282
Merit: 2196
Signature Space For Rent
May 08, 2019, 11:09:47 AM
#51
This FUD spreading by anti bitcoin community, that bitcoin using for scam. If someone scam with fiat/USD so it does mean that fiat/USD isn't potential? Same like bitcoin also, peoples using bitcoin to scam others. Its nothing with bitcoin. It's true due to anonymity bitcoin become easier and popular way to scam peoples. But it doesn't mean just bitcoin is responsible for that. There is lot of scam with other currency as OP describe but they are not highlighted like bitcoin.  
member
Activity: 994
Merit: 11
Daxetoken.net
May 08, 2019, 10:59:10 AM
#50
Bitcoin is for scammers? Why there are people that become millionaire through bitcoin,do you think they are scammers? Bitcoin adoption keep on increasing which means bitcoin is for everyone who believes and has knowledge about it and not just for scammers who wants to make millions out of bitcoin. Also being scammed maybe is our responsibility to avoid.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
May 08, 2019, 10:57:42 AM
#49
Scams happen in every platform with every type of money whether it be gold, fiat or crypto. The thing is that cryptocurrency scams are highlighted in a way that people give it more importance and make a big fuss out of it.
Bank robberies, chain snatching, printing duplicate fiat currencies etc.. are some crimes that we all would have heard quite often. Although it makes a difference but crypto scams grabs more attention.
I think one of the reason this happen because less people invest in crypto and hence the others get a chance to say that this is why I don't invest in crypto because crypto is a scam.
Why do they don't realize that scams happen all the time with all the types of money. I am sure the wise ones would still invest in bitcoin which is the reason they are wise  Grin
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
May 08, 2019, 10:20:12 AM
#48
Lol😂😂😂, That's what everyone think in the province i live. They all think Bitcoin is scam. But everytime they see someone spend few thousands of money from bitcoin or from crypto they also thought might doing some scam or illegal stuff.

based on what i have seen only people who have been scammed by some scammer think bitcoin is scam and usually that involves them investing in something fake like cloud mining, bitcoin doublers, or many of the altcoins. when they get dumped on or when the scammer runs away with their money, instead of blaming themselves for being stupid they start blaming bitcoin!
full member
Activity: 322
Merit: 101
May 08, 2019, 09:45:13 AM
#47
Lol😂😂😂, That's what everyone think in the province i live. They all think Bitcoin is scam. But everytime they see someone spend few thousands of money from bitcoin or from crypto they also thought might doing some scam or illegal stuff.

People need to change their point of view about bitcoins. Bitcoin is not for scammers only. I agree that scammer use bitcoins to perform illegal activities but the fact is that they only use bitcoin to perform illegal activity and we cannot blame bitcoin for it. The scammer can also use Fiat for bad purpose too.
jr. member
Activity: 275
Merit: 2
"Trade with profit"
May 08, 2019, 09:33:54 AM
#46
Lol😂😂😂, That's what everyone think in the province i live. They all think Bitcoin is scam. But everytime they see someone spend few thousands of money from bitcoin or from crypto they also thought might doing some scam or illegal stuff.
legendary
Activity: 2954
Merit: 1153
May 08, 2019, 07:22:10 AM
#45
We regularly read FUD articles in the popular media about Bitcoin being used in scams and that it is a perfect tool for scammers to hide their activities and the movie industry already labelled Bitcoin as the Internet of Money for the DarkNet.  Roll Eyes

I am currently watching a series called, "Undercover: Nailing the Fraudsters" and most of the scams featured there are done within a regulated environment. Boiler room scammers are not requesting payment in Crypto currencies to hide their activities, they get the victims to deposit money via their Bank accounts into their Bank accounts.  Roll Eyes

In business, the term boiler room refers to an outbound call center selling questionable investments by telephone. It usually refers to a room where salesmen work using unfair, dishonest sales tactics, sometimes selling penny stocks, private placements or committing outright stock fraud. - Source : https://en.wikipedia.org/wiki/Boiler_room_(business)

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.  Wink

I agree, one of example is bank. Banking sytem is one of the largest scam next to the government financial institution.  I say it because, when you saved money to bank they only offers you small  annual interest while when you borrow your own money from them, they add huge monthly interest.  When we failed to pay our loan to these financial institution they file a case against us or put a penalty with huge interest and when they gone bankrupt and close their institution, we can only get the amount that is insured by the institution.  Aside from that, they can freeze or seize our account anytime they wanted. 
full member
Activity: 798
Merit: 182
May 08, 2019, 06:29:11 AM
#44
We regularly read FUD articles in the popular media about Bitcoin being used in scams and that it is a perfect tool for scammers to hide their activities and the movie industry already labelled Bitcoin as the Internet of Money for the DarkNet.  Roll Eyes

I am currently watching a series called, "Undercover: Nailing the Fraudsters" and most of the scams featured there are done within a regulated environment. Boiler room scammers are not requesting payment in Crypto currencies to hide their activities, they get the victims to deposit money via their Bank accounts into their Bank accounts.  Roll Eyes

In business, the term boiler room refers to an outbound call center selling questionable investments by telephone. It usually refers to a room where salesmen work using unfair, dishonest sales tactics, sometimes selling penny stocks, private placements or committing outright stock fraud. - Source : https://en.wikipedia.org/wiki/Boiler_room_(business)

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.  Wink
Movie producers just create movie which the content are what people want to see although it is not the true fact. There are many industry that accept bitcoin as medium of exchange so that bad image should be removed. Scammers use anything to scam people so it is not bitcoin fault.
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