As far as I know, it's a prank tool to trick their victims into pretending they've sent Bitcoin, but that's not true. In short, they are just fooling people. So poor those who will believe in this style of scammer.
But this has been going on for a long time; we shouldn't be wasting time on such matters, to be honest. Just focus on more important things, not these silly things that people think of to cheat people; I'm not sure if anyone is still being cheated by them. I last read this on Twitter last year.
Topic: Flash Bitcoins r not a threat? - page 2. (Read 241 times)
Now if these do exist, crypto market will crash!
Anyone see this as a threat?
Everyone denying?
Should I Short BTC on the long run?
Any relations with the Joeyp account because your behavior is just as odd. Coming up with something very arbitrary that obviously has no effects on bitcoin (or is not even related) then trying to tie it with some imaginary "crash" that warrants shorting bitcoin!Anyone see this as a threat?
Everyone denying?
Should I Short BTC on the long run?
I heard flash bitcoins (Fake bitcoins) are circulating.
Copycat coins aka shitcoins have existed for ever and they are not affecting bitcoin price in any way. They are just garbage people like to bet on when they want to lose money! 
I heard flash bitcoins (Fake bitcoins) are circulating.
They disappear after 90 days.
Now if these do exist, crypto market will crash!
Anyone see this as a threat?
Everyone denying?
Should I Short BTC on the long run?
They disappear after 90 days.
Now if these do exist, crypto market will crash!
Anyone see this as a threat?
Everyone denying?
Should I Short BTC on the long run?
There's nothing like flash bitcoin, they may engage in making a fake transaction by showing a newbie that they have sent it and it went through and even showing them previous transaction id, but a newbie may not understand how to verify that through the use of block explorer or on the mempool, some also use the trick in double spending to deceive newbies as well, all i can see is that this kind of attack can only be done to beginners if at all it exists, because bitcoin transactions are irreversible, but in this case, they wouldn't send it, but yet claim they have sent it to newbies in other to scam them.
Looks like you need to learn more about what the bitcoin blockchain is.
If you are interested in Bitcoin, I suggest you read the whitepaper.
And also https://learnmeabitcoin.com/
Bitcoins aren't just created out of a thin air and also those other tokens and shitcoins mimicking Bitcoin can never be BTCitcoin and they are not a threat to Bitcoin but rather a threat to people who are not vigilant enough to distinguish between Bitcoin network and other fake chains.
If you are interested in Bitcoin, I suggest you read the whitepaper.
And also https://learnmeabitcoin.com/
Bitcoins aren't just created out of a thin air and also those other tokens and shitcoins mimicking Bitcoin can never be BTCitcoin and they are not a threat to Bitcoin but rather a threat to people who are not vigilant enough to distinguish between Bitcoin network and other fake chains.
I heard flash bitcoins (Fake bitcoins) are circulating.
They disappear after 90 days.
Now if these do exist, crypto market will crash!
Bitcoin is Bitcoin and there is no altcoin can become Bitcoin.They disappear after 90 days.
Now if these do exist, crypto market will crash!
I never heard about flash bitcoins but you know there are many altcoins that use Bitcoin open source code and make their altcoins, name them as Bitcoin forks. Two most famous Bitcoin 'forks' are Bitcoin Cash and Bitcoin SV. They are all failed altcoins.
How many Bitcoin forks are there?
There are many tokens, Wrapped Bitcoin tokens and they are not Bitcoin. They are even worse than Bitcoin (Proof of Work) forks because Wrapped Bitcoin tokens are mintable and their token pegs can be lost (de-pegged).
ok thank you.
I heard flash bitcoins (Fake bitcoins) are circulating.
They disappear after 90 days.
Now if these do exist, crypto market will crash!
Anyone see this as a threat?
Everyone denying?
Should I Short BTC on the long run?
Any information is appreciated.
Thanks
They disappear after 90 days.
Now if these do exist, crypto market will crash!
Anyone see this as a threat?
Everyone denying?
Should I Short BTC on the long run?
Any information is appreciated.
Thanks
There's no such thing as a chain of disappearing transactions in BTC. And it you heard something about it, most likely it's a scam.
Although there is a good discussion about a Fake walle.dat can trick bitcoin core client?.
So to answer the question is it a threat? No.
The best advise is that continue to accumulate we are getting to the block halving, and next year could be the start of a massive bull run. Better be ready.
I heard flash bitcoins (Fake bitcoins) are circulating.
They disappear after 90 days.
They disappear after 90 days.
I just did a quick search on “flash bitcoin” and I couldn’t get anything useful from the results and when I checked YouTube I saw that it was something that I have heard about in the past.
Flash bitcoin is mostly used by scammers to pretend as if they have truly completed a transaction so as to convince their victims into sending them money and I believe that the set of people that will mostly be affected by it are those that don’t know how to confirm their transactions on the blockchain rather they just rely on screenshots from the sender (which I’m sure only few people do).
I don’t see it affecting the price/market of bitcoin, they have been cases where counterfeit fiats were being used to purchased things by scammers and it’s still being done. So the fact that someone was lazy enough not to check his/her transaction on the blockchain before proceeding with a deal does not mean that the whole market system will crumble. And I do hope the “flash bitcoin” I saw on YouTube is the same one you’re talking about because that’s what my post is for.
I totally agree with you.
Agree with what?
Flash bitcoin is a threat to newbies, and it’s can’t be seen less than that, but one thing is if you look careful enough you should be able to detect the flash bitcoin transaction and notice that it’s a scam and not a real bitcoin transaction.
Don’t use because of flash bitcoin and it’s scam and deprive your self from buying and holding bitcoin, always buy your bitcoin from direct source using real address and make sure you confirm the transaction on blockchains explorer’s before you pay the person selling bitcoin to you, better still use P2P platform like Bsq and others which have been their for years and you can be a little assured that you can’t be scammed with the fake bitcoin.
Don’t be like me who regretted not buying and holding bitcoin when I have the time to, so don’t use what scammers are doing and stop your self from buying bitcoin you might leave to regret it, which will take you a long time to move on, but I have and have realize my mistake so I won’t allow anyone to fall into such mistake again.
Don’t use because of flash bitcoin and it’s scam and deprive your self from buying and holding bitcoin, always buy your bitcoin from direct source using real address and make sure you confirm the transaction on blockchains explorer’s before you pay the person selling bitcoin to you, better still use P2P platform like Bsq and others which have been their for years and you can be a little assured that you can’t be scammed with the fake bitcoin.
Don’t be like me who regretted not buying and holding bitcoin when I have the time to, so don’t use what scammers are doing and stop your self from buying bitcoin you might leave to regret it, which will take you a long time to move on, but I have and have realize my mistake so I won’t allow anyone to fall into such mistake again.
I heard flash bitcoins (Fake bitcoins) are circulating.
They disappear after 90 days.
Now if these do exist, crypto market will crash!
Anyone see this as a threat?
Everyone denying?
Should I Short BTC on the long run?
Any information is appreciated.
Thanks
They disappear after 90 days.
Now if these do exist, crypto market will crash!
Anyone see this as a threat?
Everyone denying?
Should I Short BTC on the long run?
Any information is appreciated.
Thanks
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