Is Bitcoin a Scam - No more - page 20.

fernandoaleixo

jr. member

Activity: 126

Merit: 4

Community Manager at Bitsurf.eu

Quote from: labilaab on May 15, 2018, 10:30:19 PM

As time goes on, people cannot deny the fact Bitcoin's value anymore.It become like gold's worth already.

It may has gold's worth, but in the physical world it's not even that close, gold it's just a too rare and valuable asset to be beaten, it's in another level.

West0813

full member

Activity: 504

Merit: 100

If bitcoin is a scam. No smart people will invest into it. And if this is a scam it will live long. I think bitcoin will disappear if this a scam.

richminded

sr. member

Activity: 798

Merit: 268

Quote from: Xenrise on May 16, 2018, 12:51:54 PM

Bitcoin is never be a scam. It have lived so many years and right now you'll call it scam? Nothing in this world living like that and be a scam. If you don't believe in bitcoin then get out of this community.

Bitcoin is amazing, and if this thing is a scam I'm willing to become a victim. People is scam and not bitcoin, I will stay as long as I'm earning with bitcoin. Those who still think bitcoin is a scam requires another study about cryptocurrency, bitcoin doesn't need you to believe on it because in the end of the day bitcoin will still succeed.

Cheenguboc143

newbie

Activity: 126

Merit: 0

If bitcoin is a scam, so why there's still people here stayed for a long time? Do they need to stay here if it is a scam? Do they need to waste their time to invest or to put some of their time and effort here? You will probably ask it to your self. But I know some people here is a scammers, that was the answer, but it doesn't affect the true meaning of bitcoin. Hope those scammers doesn't exist, they are not helpful and heard hearted.

Atang Sulaeman

full member

Activity: 910

Merit: 101

bitcoin will never be a scam, if it's your thinking as good as you think again,
because that use bitcoin very much. and may not be bitcoin to be a scam

Tukang Becak

hero member

Activity: 896

Merit: 500

Most people do not understand about bitcoin and then they buy or invest, but when they lose money then they say that bitcoin is a scam, mentally like this of course that makes bitcoin prices continue to decline.

goymas

newbie

Activity: 28

Merit: 0

No , I never thought that bitcoin was a scam . well, few were thinking that it was . but yeah recently the value went high and many who were thinking that it was a scam are now believing in it . still there are people who think it's a scam .

5ensei

full member

Activity: 728

Merit: 103

Bitcoin itself was not considered to be a scam, but used as a method to scam other people. Due to the complexities involves newbies are betting scammed via Ponzi schemes and fake investments. True that sentiment has changed though, it is all about the price now and when it will hit $60k!

marjil

member

Activity: 454

Merit: 13

Quote from: Vertex_ICO on May 16, 2018, 04:57:46 AM

Bitcoin is definitely not a scam.

bitcoin is not scam any more it is currency

Jalal ud din

newbie

Activity: 20

Merit: 0

Bitcoin is not a scam.
Let us suppose a while that bitcoin is a scam then what happens with these following thing

Bitcoin circulating suplly is about 16,858,762 (Wikipedia)

Total bitcoin worth goes to 1.2 trillion USD at the end of 2018 as expert says.

Number of bitcoin users to reach 200 million by 2024 as expert says.

If you thinks about theses figure ,you will get your answer.

irenegaming

full member

Activity: 476

Merit: 102

Kuvacash.com

Quote from: pooya87 on May 15, 2018, 10:09:10 PM

Quote from: Boomerang Capital on May 15, 2018, 08:01:24 PM

The narrative has changed. It used to be “Is Bitcoin a scam?”

the narrative has never been "is bitcoin scam". and those who have been saying it are still saying the same and nothing has changed about them.
also the price has always been something that people were talking about. for example back in 2012-2013 onward the speculation was about bitcoin reaching $10k and people were saying it is impossible. now that that target is reached we are talking about higher prices.

If you have been here for long than you will know that "bitcoin is a scam" is one of the most common phrase used around here. But the last years pump has shut everyones mouth and you don't see that phrase used around here anymore. And it feels good that the community has come a long way from those times.

TheGodFather

hero member

Activity: 854

Merit: 500

Quote from: Boomerang Capital on May 15, 2018, 08:01:24 PM

#consensus2018

The narrative has changed. It used to be “Is Bitcoin a scam?” now it’s “ how high do you think the price will go”.
Institutional money is on its way people.

Matthew Goetz from 'Block Tower Capital' stated in front of a capacity crowd at Consensus;
"Bitcoin to 60k in 2018"

Goldman Sachs are already well and truly in the space.
https://www.forbes.com/sites/michaeldelcastillo/2018/05/15/circle-raised-110m-to-build-ethereum-coin-backed-by-dollars/?utm_source=TWITTER&utm_medium=social&utm_content=1535467440&utm_campaign=sprinklrForbesCrypto#597a81f81ee1

Twitter:@BoomerCapital
Web: boomerangcapital.org

I think bitcoin has earned that right to be able to have that ability to not be called a scam with its pedigree in both the continuity and the growth that it has shown and showcased to all the cryptocurrency users and to the rest of the world. That is why I really feel that bitcoin should be given a chance to expand and to grow and to have all its haters and doubters be silenced with the profits that we are all gaining and experiencingo

makolz26

sr. member

Activity: 714

Merit: 254

Quote from: Xenrise on May 16, 2018, 12:51:54 PM

Bitcoin is never be a scam. It have lived so many years and right now you'll call it scam? Nothing in this world living like that and be a scam. If you don't believe in bitcoin then get out of this community.

It was never an scam as to what people are saying, we just speculated it during those early years of bitcoin that it was scam when in fact it is not and we only proven enough for that, for nine years of its existence and how it change our life depending on our belief and capacity.

donpepe

newbie

Activity: 16

Merit: 10

Quote from: randyjayag3 on May 15, 2018, 10:36:20 PM

Bitcoin is not a scam. Bitcoin is a digital currency and if you go through the transaction you will find out. You have to think before you click. Go Research.

It's really annoying to see comments who didn't understand the topic. Comprehend before you reply. He's not saying that bitcoin is a scam. Your "You have to think before you click." backfires. Yes Go Research for Pete's sake.

Kethek

newbie

Activity: 70

Merit: 0

bitcoin is not a scam but bitcoin is the only digital currency that exists on the internet but bitcoin has real and very safe value with a decentralized system

Xenrise

sr. member

Activity: 672

Merit: 251

Bitcoin is never be a scam. It have lived so many years and right now you'll call it scam? Nothing in this world living like that and be a scam. If you don't believe in bitcoin then get out of this community.

username134

member

Activity: 96

Merit: 10

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First of all the forbes link that you mentioned isn't about bitcoin at all but atleast it deals with cryptocurrency. Now, regarding the topic that "The narrative has changed. It used to be “Is Bitcoin a scam?” now it’s “ how high do you think the price will go”.", it is true that many had changed their opinion about bitcoin and changed their side but still a lot of people still think that bitcoin is a scam. For me I don't believe that bitcoin is a scam because it is about innovation and the possible change it might bring if everyone will willingly accept bitcoin as a currency. And as for "Matthew Goetz from 'Block Tower Capital' stated in front of a capacity crowd at Consensus; "Bitcoin to 60k in 2018"." He made a very bold prediction about the price of bitcoin, I think that he truly believe about bitcoin or he just wanted to hype bitcoin more. I woudn't say that it is impossible for bitcoin to be priced 60k in 2018 as bitcoin has already proved many people's prediction wrong that it woudn't reach some "X" price but I would say that it will be very difficult for bitcoin to reach 60k this 2018.

carriebee

sr. member

Activity: 1148

Merit: 251

Quote from: Kamote_1102 on May 16, 2018, 12:02:49 PM

At first, I thought that Bitcoin was a scam too. But it's the other way around. I thought can only be used by illegal investors or in the dark web only, but I was wrong again. Now, all I can say that Bitcoin is legit. It's the people who use Bitcoin to do their Evil schemes and to scam others.

Many people always says bitcoin a scam when price suddenly down. I agree with that bitcoin is legit and really worthy of our time and money. A lot of users enjoying the benefits of bitcoin these days since it can be use anytime and in an online transactions. Not a scam rather to look forward on the future ahead of bitcoin and I am certain bitcoin is good for the users but other people treated it as scam.

Kamote_1102

full member

Activity: 392

Merit: 100

At first, I thought that Bitcoin was a scam too. But it's the other way around. I thought can only be used by illegal investors or in the dark web only, but I was wrong again. Now, all I can say that Bitcoin is legit. It's the people who use Bitcoin to do their Evil schemes and to scam others.

raidarksword

member

Activity: 2044

Merit: 16

Some people or institution might say that bitcoin is a scam and they are just saying because of the denial. They might afraid of it because they don't know what bitcoin is in the first place. Literally some people used bitcoin as an alibi to scam other people just to make benefits of their own personal motives and clearly that bitcoin was just the victim on that kind of agenda.

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