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Topic: "If" Bitcoin as scam - page 6. (Read 6883 times)

hero member
Activity: 672
Merit: 500
June 15, 2016, 02:20:30 PM
If bitcoin was or will be a scam.Then i can provably say that it would be the biggest scam of century.Since bitcoins now have market value.of $11Billion.Thats huge

That's true but we all know that bitcoin is not a scam, its a genuine way to earn money and make some investment into it and if it would be scam it would not have survived this long.
hero member
Activity: 924
Merit: 500
June 15, 2016, 02:18:16 PM
no its not a scam,,,,certainly not, because many people in here are enjoying using it as currency.
Bitcoin also changed a lot of things in different people in cryptocurrencies... Wink
full member
Activity: 231
Merit: 100
June 15, 2016, 05:47:14 AM
If bitcoin was or will be a scam.Then i can provably say that it would be the biggest scam of century.Since bitcoins now have market value.of $11Billion.Thats huge
hero member
Activity: 1974
Merit: 591
Leading Crypto Sports Betting & Casino Platform
June 15, 2016, 05:45:40 AM
If Bitcoin turned out to be a scam the majority of people would just lose their money. That's actually a constant background uneasiness for a lot of people and businesses, what if Satoshi is just waiting for the right time to dump his 1 million coins? It's happened plenty of times with altcoins where the dev just dumps his share at the first chance he gets, crashing the market in the process. Unfortunately at this point there is no real way to defend against this (hypothetical?) threat. You just have to hope that if it does happen you're among the first to know, so you can sell your stash before the price drops to 0  Cheesy
Hahaha........
For now i just collect profit from it, if some day it will going to be scam i don't lost anything.  Cheesy
hero member
Activity: 924
Merit: 1000
June 15, 2016, 05:43:18 AM
I think this not to commit fraud, because if Bitcoin SCAM. Bitcoin owner automatically will not have a big advantage, because all the sales site not under the auspices of the maker of the bitcoin Bitcoin. So this is just crap and are the people who are frustrated against the growth of an increasingly high bitcoin
How can it be scam as its market now is very high and most of the business runs in it ! By imagination if anything like scam, all investors will be left bankrupt with nothing and I know many people will commit suicide for sure !!

Very true, people have invested huge amount of money into bitcoin, and if bitcoin turns out to be scam then all of us would go crazy and would be begging on streets for food.
legendary
Activity: 1148
Merit: 1000
June 15, 2016, 05:40:50 AM
If Bitcoin turned out to be a scam the majority of people would just lose their money. That's actually a constant background uneasiness for a lot of people and businesses, what if Satoshi is just waiting for the right time to dump his 1 million coins? It's happened plenty of times with altcoins where the dev just dumps his share at the first chance he gets, crashing the market in the process. Unfortunately at this point there is no real way to defend against this (hypothetical?) threat. You just have to hope that if it does happen you're among the first to know, so you can sell your stash before the price drops to 0  Cheesy
hero member
Activity: 1974
Merit: 591
Leading Crypto Sports Betting & Casino Platform
June 15, 2016, 05:16:10 AM
Bitcoin isn't SCAM, definitely!
Why?
There is no owner of bitcoin, no bank or company etc.
It's just virtual currency based on revolutionary technology and there is no owner.
So, if nobody is owner or control it, you can't call it scam.
We all invest here with hope that bitcoin will be great success but it's our own decision, nobody forced us to invest here.
 


Do you understand with my question?
I don't claim or say bitcoin as scam. I ask if bitcoin as scam, may you will read my thread one more time, please
hero member
Activity: 2366
Merit: 605
June 15, 2016, 03:40:34 AM
I think this not to commit fraud, because if Bitcoin SCAM. Bitcoin owner automatically will not have a big advantage, because all the sales site not under the auspices of the maker of the bitcoin Bitcoin. So this is just crap and are the people who are frustrated against the growth of an increasingly high bitcoin
How can it be scam as its market now is very high and most of the business runs in it ! By imagination if anything like scam, all investors will be left bankrupt with nothing and I know many people will commit suicide for sure !!
member
Activity: 200
Merit: 10
June 15, 2016, 03:37:03 AM
If bitcoin was a scam, then we would not have seen it's growth in last 7 years. A ponzi may hardly survive for 7 weeks. Now a days a lot of ponzi could not survive even for 7 days. A scam may convince few people, but not possible more people from entire world.
legendary
Activity: 3374
Merit: 1824
June 13, 2016, 10:34:06 AM
Bitcoin isn't SCAM, definitely!
Why?
There is no owner of bitcoin, no bank or company etc.
It's just virtual currency based on revolutionary technology and there is no owner.
So, if nobody is owner or control it, you can't call it scam.
We all invest here with hope that bitcoin will be great success but it's our own decision, nobody forced us to invest here.
 

sr. member
Activity: 364
Merit: 250
June 13, 2016, 10:26:26 AM
if bitcoin scam i just lost my time, because im not invest in bitcoin with my money Smiley

but don't worry, bitcoin will not be a scam, it is only a question, but I will suggest to not to create thread like that as they are not beneficial for the newcomers in bitcoin, who do not have enough knowledge about bitcoin.
Bitcoin will be more worth and more popular and that is nice because you have to know that Bitcoin will be the most used payment method in the future and that is nice.
You see that Bitcoin is becoming more worth so that is really nice, but of course it is hard to know what will happen later.
full member
Activity: 126
Merit: 100
June 13, 2016, 07:50:31 AM
#99
if bitcoin scam i just lost my time, because im not invest in bitcoin with my money Smiley

but don't worry, bitcoin will not be a scam, it is only a question, but I will suggest to not to create thread like that as they are not beneficial for the newcomers in bitcoin, who do not have enough knowledge about bitcoin.

Yep! Even the term of it could scare the new comers, though that scam thing isn't even possible. I don't understand what OP was thinking at the time of thinking of that title Tongue

It's possible to get your bitcoins scammed on investments programs, but the bitcoin itself turning into scam? duh! I don't even get it xD
hero member
Activity: 798
Merit: 500
June 13, 2016, 07:46:56 AM
#98
if bitcoin scam i just lost my time, because im not invest in bitcoin with my money Smiley

but don't worry, bitcoin will not be a scam, it is only a question, but I will suggest to not to create thread like that as they are not beneficial for the newcomers in bitcoin, who do not have enough knowledge about bitcoin.
member
Activity: 70
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
June 13, 2016, 07:07:47 AM
#97
if it is a scam the satoshi will have a lot  of  complaint but I dont know how bitcoin will become a  scam .
hero member
Activity: 616
Merit: 500
To God Be The Glory!
June 13, 2016, 05:34:17 AM
#96
Well if bitcoin is a scam we have nothing to do but accept it. but the things is it will never be a scam it a currency where we can buy almost anything! like everyone here saying it will only be use as scam when used on ponzi site etc... it is not different when using your real money on ponzi.
Bitcoin is Money
Money is Bitcoin
hero member
Activity: 756
Merit: 502
June 13, 2016, 05:25:38 AM
#95
bitcoin does not own the company and no control bitcoin. so bitcoin will not be a scam. but exchanger or investment sites that could be a scam.
hero member
Activity: 574
Merit: 500
June 13, 2016, 05:13:31 AM
#94
How if sathosi claim bitcoin as scam? How many your invest money to bitcoin? Are some dev altcoin will stay with their coin? Will sathosi go to jail after claimed it?

Well, why would satoshi claim that bitcoin is scam under any circumstances? He is the founder of this technology, and somehow he just one day realises that his project has been a total scam?

Bitcoin can't be a scam, because it is decentralized. Also satoshi won't go to jail, because WE DON'T KNOW WHO HE IS!
hero member
Activity: 756
Merit: 500
June 13, 2016, 02:57:48 AM
#93
I think this not to commit fraud, because if Bitcoin SCAM. Bitcoin owner automatically will not have a big advantage, because all the sales site not under the auspices of the maker of the bitcoin Bitcoin. So this is just crap and are the people who are frustrated against the growth of an increasingly high bitcoin
hero member
Activity: 1974
Merit: 591
Leading Crypto Sports Betting & Casino Platform
June 13, 2016, 02:55:29 AM
#92
It could be a scam, maybe that's why he doesn't want to reveal his identity. But there is no way for him to get the Bitcoins back from the investors of Bitcoin.
i think so. because there is so many reason to be scam. but for now i still belive if bitcoin can a be scam  Cheesy
hero member
Activity: 1022
Merit: 538
June 13, 2016, 12:49:39 AM
#91
It could be a scam, maybe that's why he doesn't want to reveal his identity. But there is no way for him to get the Bitcoins back from the investors of Bitcoin.
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