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Topic: does anyone remember... - page 3. (Read 1939 times)

copper member
Activity: 924
Merit: 1007
hee-ho.
June 06, 2016, 06:29:04 AM
#10
When Bitcoin was called a scam, a ponzi-scheme, a joke? Does anyone remember back in 2013: The greater fools that ended up paying $1200/BTC? Or the time several million BTC just appeared out of nowhere and the entire system had to be restored?

I remember the first two, but not about the last. someone have a link for that? can't find a thing using google.
I'm not sure I get your point though.
legendary
Activity: 3136
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
June 06, 2016, 06:21:52 AM
#9
When Bitcoin was called a scam, a ponzi-scheme, a joke? Does anyone remember back in 2013: The greater fools that ended up paying $1200/BTC? Or the time several million BTC just appeared out of nowhere and the entire system had to be restored?
Yeah, some people say if bitcoin is scam I think, for now, their fucking screamed to know bitcoin is so valuable. It's a gold season for bitcoin when bitcoin price is $ 1200/BTC , I hope that season is come back again.
legendary
Activity: 3206
Merit: 1213
Enterapp Pre-Sale Live
June 06, 2016, 06:07:36 AM
#8
Why to go long back. Even this year's starting few of the higher authorities and one among the best developer itself made some foolish statements and made most of the users get panic. Now it has reached an enormous growth from those days.
legendary
Activity: 1876
Merit: 1308
Get your game girl
June 06, 2016, 06:05:45 AM
#7
P.S: Bitcoin was called a Ponzi scheme but banks investigated and withdrew this statement. Bitcoins being used for numerous illegal activities and not requiring any kind of verification makes it exposed to such crimes. But I'm glad that the currency is not banned in my country but they are still monitoring its use.
No Erika,the currency is still being called as  taboo in India.If you ever go to the police station and tell them you have been scammed for bitcoins,they will investigate your internet history first and tell you that you're equally at fault for using bitcoins.I mean they won't even consider your case if they find out you are using bitcoins.Since you're a Software Engineer you are used to tech stuff and people like you use it,apart from that most people still call it a scam and ponzi at least in the 3rd world countries.
legendary
Activity: 2632
Merit: 1094
June 06, 2016, 06:01:58 AM
#6
^^On 29 November 2013, the cost of one bitcoin rose to the all-time peak of US$1,242 (https://en.wikipedia.org/wiki/Bitcoins#Price_and_volatility)


P.S: Bitcoin was called a Ponzi scheme but banks investigated and withdrew this statement. Bitcoins being used for numerous illegal activities and not requiring any kind of verification makes it exposed to such crimes. But I'm glad that the currency is not banned in my country but they are still monitoring its use.
legendary
Activity: 1134
Merit: 1000
June 06, 2016, 06:01:43 AM
#5
When Bitcoin was called a scam, a ponzi-scheme, a joke? Does anyone remember back in 2013: The greater fools that ended up paying $1200/BTC? Or the time several million BTC just appeared out of nowhere and the entire system had to be restored?

I remember not only that time but even the today's days when there are people who do the same or put in discussion the value of bitcoin as an wonderful invention and as a qualitative currency. As for the bough at that price I think that are not fools that who have bought. In the times to came I believe that it will be normal that bitcoin will be bought even with the double or the triple of that price.
full member
Activity: 232
Merit: 105
Solarcoin.org
June 06, 2016, 06:00:09 AM
#4
When Bitcoin was called a scam, a ponzi-scheme, a joke? Does anyone remember back in 2013: The greater fools that ended up paying $1200/BTC? Or the time several million BTC just appeared out of nowhere and the entire system had to be restored?

I remember that very well, because I joined the community just before the "HYPE" after a friend of mine told me that he bought 100 crypto coins called Litecoin at 3$ - I was like "dafuq is this shit?" Cheesy After a couple of days of reading and informing myself about what Bitcoin is I started mining some altcoins with my crappy Nvidia which at the time was struggling getting more than ~20 KH Cheesy One or two weeks later Bitcoin exploded and I was like "damn why I didn't know about this back in 2010 or something". My friend who could made 1000% profit with his Litecoins waited for too long to sell, because he tought that china will bring them to 100$ per coin and eventually the throne will be held by Litecoin... Well everyone knows what happened and my friend sold his coins almost at the bottom at 6$ per LTC, but the important thing is he made a profit Smiley I remember asking him "For how long do you know about Bitcoin?" and he told me "Well I heard about it back in 2011" and I wanted to beat the shit out of him for not getting in early and most importantly for not telling me about it... SO YES I REMEMBER  Grin
legendary
Activity: 1876
Merit: 1308
Get your game girl
June 06, 2016, 05:49:15 AM
#3
Why go back to 2013 ? I can present you a few corporate fools who label bitcoins as a ponzi even today.Hey you can't ignore the fact bitcoins are banned officially in a lot of countries assuming its a spam and money laundering business.About the next part not sure what you mean ,I don't recall bitcoin rate - $1200 but I could be wrong.I started using the coins only after late 2014's.
sr. member
Activity: 294
Merit: 250
June 06, 2016, 05:34:20 AM
#2
When Bitcoin was called a scam, a ponzi-scheme, a joke? Does anyone remember back in 2013: The greater fools that ended up paying $1200/BTC? Or the time several million BTC just appeared out of nowhere and the entire system had to be restored?
i can't remember that,because at that time i not yet know and hear about bitcoin,the end of 2013 is my time,and velue at that time was $600 if i dont wrong,always happy to remember how expensive bitcoin price on that year.
full member
Activity: 140
Merit: 100
June 06, 2016, 04:28:19 AM
#1
When Bitcoin was called a scam, a ponzi-scheme, a joke? Does anyone remember back in 2013: The greater fools that ended up paying $1200/BTC? Or the time several million BTC just appeared out of nowhere and the entire system had to be restored?
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