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Topic: Crypto is a scam - page 2. (Read 739 times)

hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
January 17, 2024, 10:32:48 AM
#30
The gap for what?

Crypto is meant not to be like that. There's much more and better reason why crypto has been started and even before the popularity of it has risen, there were the same concepts in the past that have been seen and made.

People really have to change their minds and understand more things clearly when they all assume that it's always about the money why crypto has been made.
jr. member
Activity: 56
Merit: 3
January 17, 2024, 08:46:20 AM
#29
Well i think its 50/50

But to be fair I too lost a fortune when I invested.

I can't say its a scam. but it's all luck that favors.
jr. member
Activity: 89
Merit: 2
January 17, 2024, 04:56:32 AM
#28
Do you really know how much is the average transaction made through each crypto currency? you will find out how you are wrong. It looks like you lost your money in it with bad decisions
member
Activity: 1218
Merit: 49
Binance #Smart World Global Token
January 16, 2024, 10:24:49 PM
#27
The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see.

I don't think that is really THE goal of cryptocurrency based on the things I learned so far from the very vision of Satoshi Nakamoto though anybody can have a program or a project using cryptocurrency for that certain goal but so far those type of projects never made a light in the market. Even if all Bitcoin will be distributed among all the poor, it will never make a big difference at all to bridge the gap between the rich and the poor as there is no simplistic solution to this global problem knowing how complex human nature is and the dire situations many people are into. Now, am interested to know what are your good ideas to address the poverty problem.
newbie
Activity: 29
Merit: 5
January 15, 2024, 04:43:02 PM
#26
The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see

Crypto is more than that, is an idea, project, master plan .... whatever you want to call it, something mathematical and logical, crypto is freedom, freedom equals peace so the Op's I guess he just want some 5 minutes attention.  Sometimes it is better to get the information from the right source and not this 2024 social media content, it is an innovative technology that you can search through github or whitepapers.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
January 13, 2024, 10:18:28 AM
#25
Crypto is a technology made by humans for other human's convenient, Crypto and Bitcoin itself cannot be a scam.. now it is on people that how they choose to use them. some people used them for good purpose and some people use them for scamming others, but those scammers should be blamed not crypto. if we blame a currency because people use that for scamming people then it won't be fair.
now speaking of the gap between poor, and rich, I think that gap was also made by humans. and crypto cannot remove that gap unless we don't want to.. I think that gap will be here forever because that became part of human nature now.

The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see
I think you are misunderstanding something since you don't have concrete idea about cryptocurrency. Those that invest in cryptocurrency and are very patient are the ones that would profit from the market. Not everyone is ready tominvest in cryptocurrency and not everyone has the money to invest so sometimes they think that crypto is just for a particular group of persons. We need to keep that thought under the carpet.
Well said. Patience and ability to take risk are very important to gain profit in crypto. without them it is very difficult to survive in crypto.
legendary
Activity: 2758
Merit: 1228
January 13, 2024, 07:30:04 AM
#24
The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see
I think you are misunderstanding something since you don't have concrete idea about cryptocurrency. Those that invest in cryptocurrency and are very patient are the ones that would profit from the market. Not everyone is ready tominvest in cryptocurrency and not everyone has the money to invest so sometimes they think that crypto is just for a particular group of persons. We need to keep that thought under the carpet.
Its understandable their frustration towards the whole crypto market especially if they lost a lot from it. But they should consider their mistake made while investing on crypto since they would not lose their money if they just do right decisions and to acquire proper knowledge about crypto. Those people commit a lot of mistakes usually do a shortcut on investment since they think crypto is easy for them and they just need to buy low and sell high but sudden unexpected came they lose and now they act the same with OP.

I can say that crypto is not for everyone so research is important here and only those hard working people will get the real benefits of this industry. Those people want easy money will surely collapsed then quit easily.
sr. member
Activity: 1008
Merit: 262
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January 12, 2024, 10:19:46 AM
#23
The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see
I think you are misunderstanding something since you don't have concrete idea about cryptocurrency. Those that invest in cryptocurrency and are very patient are the ones that would profit from the market. Not everyone is ready tominvest in cryptocurrency and not everyone has the money to invest so sometimes they think that crypto is just for a particular group of persons. We need to keep that thought under the carpet.
legendary
Activity: 3094
Merit: 1127
January 11, 2024, 03:57:53 PM
#22
The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see

Well, it is how you think about it. Let's see on the macro perspective, with Fiat money, the government keeps on printing it and those on the higher authorities keep enjoying the free printed money. With Bitcoin, this cannot be done as its supply is limited and if you want to have a lot of bitcoin BTC, you need to buy it from the market at the current market prices. This means that Bitcoin does not have inflation. and hence you can see the difference quite clearly.

However, don't think that crypto will be evenly distributed between rich and poor, you need to have skills, business or any other form where you have the money to invest in crypto. Just like you have to work for paper money, you need to work for bitcoins too but the difference is that your bitcoin will be valuable over the period of time while fiat money just depreciates with time.
Usually these kind of lines came from into those people who dont appreciate nor really that even aware on what cryptocurrency is or simply they had really that lost up huge or bigtime into their investment and this is why
they would really be saying up such things on which it is really just that obvious that they would really be saying up things on witch on the things that the do have in mind. Its a  common approach and its a common
words with those people who didnt been able to slurp up some profits on this crypto space. Scam on the sense that they had been experience scams literally. Just like been said that just let them be able to realize
those things ahead on their own and sooner or later they would really be just jumping in again into this market just because they have realized something.

Crypto is a scam on which you would say and it would really be just that normal that you would really be having those thoughts if you werent that been informed
on what crypto is or just basically molding up those words on which you are really that believing into something which it isnt really
even true.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
January 07, 2024, 02:38:55 PM
#21
The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see

Well, it is how you think about it. Let's see on the macro perspective, with Fiat money, the government keeps on printing it and those on the higher authorities keep enjoying the free printed money. With Bitcoin, this cannot be done as its supply is limited and if you want to have a lot of bitcoin BTC, you need to buy it from the market at the current market prices. This means that Bitcoin does not have inflation. and hence you can see the difference quite clearly.

However, don't think that crypto will be evenly distributed between rich and poor, you need to have skills, business or any other form where you have the money to invest in crypto. Just like you have to work for paper money, you need to work for bitcoins too but the difference is that your bitcoin will be valuable over the period of time while fiat money just depreciates with time.
sr. member
Activity: 448
Merit: 691
In ₿ we trust
January 07, 2024, 06:55:55 AM
#20
Apparently you only live in the past, you have to start looking forward... Remember that today you can buy satoshis for a cheap price...

Always remember that in the future the mining reward will be less than 1 BTC.

So you can already imagine what will happen, right?
legendary
Activity: 2702
Merit: 4002
January 03, 2024, 05:50:54 AM
#19

With proper background knowledge crypto can be used easily and with great effects. But if you are only here for the riches, then you are in the wrong place.
Such concepts are fueled by YouTube channels. Search for Bitcoin/cryptocurrencies and you will find that synonyms for these words are always linked to positive income, how to become rich, how to achieve $100 an hour and other false promises and dreams that beginners believe and soon find themselves losing everything.
full member
Activity: 630
Merit: 103
January 02, 2024, 10:50:28 AM
#18
Imagine posting on the Bitcoin Forum just to spite people. Hahaha bro, they will eat u here alive. Most people here have created a living out of cryptocurrency and its only a matter of time that it is accepted well into establishments.
hero member
Activity: 1456
Merit: 940
🇺🇦 Glory to Ukraine!
January 01, 2024, 04:24:22 PM
#17
Crypto itself is not a scam.  It's a new technology that could make finance more fair and available to regular people.  But like with any new thing, there's always folks looking to take advantage for themselves.  But some people see crypto as a get-rich-quick scheme, which gives the whole thing a bad name.  People like you specifically. They are a real scam!
legendary
Activity: 2338
Merit: 1081
#SWGT CERTIK Audited
January 01, 2024, 11:10:28 AM
#16
The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see
I would consider this an argument if you posted some facts and figures or at least some examples along with it. It's just a generic statement. I hate 20 degree C weather, unfortunate that someone likes it.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
January 01, 2024, 07:45:04 AM
#15
I guess the OP started their journey on the get-rich-quick path and go washed away quickly, which is obvious and hence for them, it all seems like a scam. A very childish way of thinking but a primitive and feral one indeed. If they had applied the logic they would see that crypto was never meant to make the rich poor and the poor, rich. It only helps bridge some gaps in fiat currencies properties which lead to problems.

With proper background knowledge crypto can be used easily and with great effects. But if you are only here for the riches, then you are in the wrong place.
legendary
Activity: 1792
Merit: 1296
Playbet.io - Crypto Casino and Sportsbook
December 31, 2023, 08:02:24 AM
#14
You are the type of people who rush to crypto thinking you will become miraculously Millionaire overnight without even putting any much effort yourself and then after a reality check, all of a sudden, crypto is scam.
Unfortunately, this happens to many people when their cherished desire to become a millionaire immediately after buying a couple of shitcoins doesn't come true. Once they got into shitcoin, such people begin to think that all cryptocurrencies are scams.

Not all cryptocurrencies are garbage and among them there are decent coins with good potential. Just need to be able to discern these diamonds in a mountain of shit, which not everyone can do, especially beginners.

The purpose of Bitcoin was to make you have complete control over your money. Now whatever you do or how you become rich is all on you.
Bitcoin is truly unique and stands out from other cryptocurrencies. In skillful hands, this financial instrument provides unimaginable opportunities. And in the inept, of course, even bitcoin will turn out to be "Crypto is a scam".
sr. member
Activity: 1708
Merit: 295
https://bitlist.co
December 31, 2023, 03:05:35 AM
#13
The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see
Can you be more specific? I noticed a lot of this user's posts express judgmental opinions without explanation. What would you think if someone called you crazy or a scam? ,bad things that aren't sure about you but they keep making that assessment.

This space has both positive and negative things, but rather that assessment is determined and imposed by people themselves, what do we seek from it, yes but the goals in mind and This is like a playground for everyone to show off their abilities. I have also encountered a lot of dissenting opinions in this space, but I don't like to follow one-sided trends without any basis. It only causes more misunderstanding than sharing useful things.
copper member
Activity: 36
Merit: 4
December 30, 2023, 06:23:22 PM
#12
The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see

crypto is not a 'scam.' e.g. btc is a permission-less way to transfer value. there is of course speculative price activity in this relatively new domain.
hero member
Activity: 1316
Merit: 379
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December 30, 2023, 01:58:30 PM
#11
The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see
Crypto is like a game for the smart people and if you aren't smart and ready for it I don't think you will be among those who will make money from cryptocurrency, also have this in mind that your lose is another's benefits while your benefits is another man lost, it depends planning if you sets yourself properly you would see that it's not scam rather a game of survival for the fittest so you have to map out when is good for your investment and when to take profits because I can understand that those with little or no experience will call it scam.
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