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Topic: Let's Say Bitcoin is scam - page 3. (Read 1901 times)

sr. member
Activity: 1904
Merit: 256
Vave.com - Crypto Casino
September 22, 2021, 07:35:09 AM
Can't imagine that, it seems impossible for now. We have 500 million bitcoin holders. It won't be easy, and all of us here already fully believe in the action of bitcoin which is often said to be a scam. It has survived until now. This proves bitcoin to be powerful as a business financial technology.
sr. member
Activity: 1701
Merit: 308
September 22, 2021, 06:13:20 AM
Those who do not understand about the world of bitcoin do consider that bitcoin is a ponzi fraud whose process is not directly but which is done gradually, but the events that we see today the value of bitcoin is increasing every year, and those of us who already understand it always take advantage if there is a dump on the value of bitcoin, then before assessing something we certainly have to learn first how the performance in a system that we are doubting, Don't easily judge negatively first.
hero member
Activity: 1344
Merit: 565
September 22, 2021, 04:44:02 AM
Let's just it is scam
How Long from Today we have left until Bitcoin will be done?
Let's say its scam we know today so how long we have time until it collpse?
Just humble speculation Let's play out the worse case scenario hope for the best prepare for the worse!
Grin Grin Grin Are you hoping that Bitcoin was a Scam? this seems like what those people that are against Bitcoin would want to think. OK, so we already know for a fact that it is not a Scam to trying to speculate and calculate how long it would take to get out is unattainable so it defeats the purpose of trying to assume what you know it's not.
jr. member
Activity: 82
Merit: 2
September 22, 2021, 02:40:33 AM
If it is then also people invest to Bitcoin because in future we will go in digital currency ,maybe you don't know if bitcoin has been recognized as a commodity, like gold.  Bitcoin is not a scam but there are some people who use bitcoin for scam.  I am sure that in the future bitcoin will become more famous and more people are investing in bitcoin because large companies have started accepting bitcoin. So we are acknowledge about that but we not stop to invest Bitcoin .
full member
Activity: 1708
Merit: 105
September 22, 2021, 02:23:01 AM
Let's just it is scam
How Long from Today we have left until Bitcoin will be done?
Let's say its scam we know today so how long we have time until it collpse?
Just humble speculation Let's play out the worse case scenario hope for the best prepare for the worse!
it's a joke of people who don't know the conditions of the crypto market.  they say it's a scam, scammer and others.  I think it has no effect on anything.  because there are more people who believe in bitcoin than those who don't like bitcoin
It's a natural thing that if you get better known, there will be a lot of shocks that will occur, that's a normal thing in business matters. Bitcoin is now increasingly known and there are even countries that have legalized it to be used as a legal and recognized currency, of course it sounds strange that there are still those who say that bitcoin is a scam.

whatever is said by people who are not directly related, will not make bitcoin go down, but instead will be more known and trade will increase, and those who benefit from bitcoin trading will be more and more.
legendary
Activity: 2828
Merit: 1515
September 21, 2021, 10:22:40 AM
Easiest response to a fool suggesting Bitcoin is a scam would be to refute their argument citing any inflation crisis with any currency.

You can work out the math yourself with whatever inflation rate your country has, but generally speaking most central banks will target at 2 percent or more. So by virtue of retention, meaning saving all the money you have, you actually lose money by not spending it.

Your purchasing power can only go down, meaning the value of your money is higher today than it will be tomorrow, which is a built in function of any currency. Sounds unfair, right?
full member
Activity: 588
Merit: 100
September 21, 2021, 09:54:18 AM
Let's just it is scam
How Long from Today we have left until Bitcoin will be done?
Let's say its scam we know today so how long we have time until it collpse?
Just humble speculation Let's play out the worse case scenario hope for the best prepare for the worse!
it's a joke of people who don't know the conditions of the crypto market.  they say it's a scam, scammer and others.  I think it has no effect on anything.  because there are more people who believe in bitcoin than those who don't like bitcoin
maybe because the market situation they are facing is different from the bitcoin market now. it's all because he made this thread in November 2020 which means the current state of the market is not better than now. I guess he regretted it after seeing the current market. Bitcoin will always be hype and people who say scams are people who fail to take profit of the crypto market
hero member
Activity: 3010
Merit: 794
September 20, 2021, 05:31:39 PM
Bitcoin has never fooled anyone and has never scam anyone, but people can use bitcoin to fool others and deceive others in various ways. This is tantamount to abuse of bitcoin in illegal activities and ponzi investments. It is unnatural to blame bitcoin as an asset that should be held responsible for the lack of user knowledge and abuse by scammers. If anyone says it's a scam, then they really don't understand this technology properly. If there are, don't feed them.
The misuse of bitcoin which is used as a tool for fraud and systems, PONZi has been very often done by various groups of scammers. Such illegal activities will indeed have a bad impact on Bitcoin so that it will give a negative view of bitcoin to new users who do not fully understand the bitcoin network. or cryptocurrencies.
Until now, illegal practitioners who act in the name of bitcoin and use bitcoin as the main tool continue to emerge. ponzi projects, fraudulent investments etc all will be scams except Bitcoin.
People would really be having that misconception regarding on things that they are seeing specially to those who dont have much knowledge about Bitcoin which they would really be ending up on having that conclusion
that it is a scam generally without even realizing that it is just a tool on making out transactions and not the scam itself.

Its just a wrong or misconception on why there are these kind of rumors or telltales about bitcoin but once they do actually know even just on the basics of this market then they would surely
tell to themselves that they are really very wrong.

Cryptospace wont really make this big if Bitcoin was scam since from the beginning.
legendary
Activity: 2716
Merit: 1859
Rollbit.com | #1 Solana Casino
September 20, 2021, 05:23:42 PM
Bitcoin has never fooled anyone and has never scam anyone, but people can use bitcoin to fool others and deceive others in various ways. This is tantamount to abuse of bitcoin in illegal activities and ponzi investments. It is unnatural to blame bitcoin as an asset that should be held responsible for the lack of user knowledge and abuse by scammers. If anyone says it's a scam, then they really don't understand this technology properly. If there are, don't feed them.
The misuse of bitcoin which is used as a tool for fraud and systems, PONZi has been very often done by various groups of scammers. Such illegal activities will indeed have a bad impact on Bitcoin so that it will give a negative view of bitcoin to new users who do not fully understand the bitcoin network. or cryptocurrencies.
Until now, illegal practitioners who act in the name of bitcoin and use bitcoin as the main tool continue to emerge. ponzi projects, fraudulent investments etc all will be scams except Bitcoin.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
September 17, 2021, 03:36:39 PM
Bitcoin is not a scam, it is a good project that has a potential to change the way we do our financial transactions today. Bitcoin is a pioneer in the crypto industry and there are other good projects solving some different problems.

honestly I don't know how anyone on this earth would believe in something as nonsensical as saying that bitcoin is a scam when we see clearly how this project is a great genius, there are dozens of good projects in this crypto market that prove how this market is something fantastic. I currently don't hear anyone speaking ill of this market because hundreds of companies and the rich are already in this market because they saw the potential and legitimacy of this market.
If it is scam then surely it's could be exposed years ago because we have too many postmortems which fail to prove bitcoin is scam its open source and anyone can check codes just because of this there is not backdoor on it. There are so many questions from different peoples about this, sadly most of them are not answerable but still it's OK because we have some better mind about this.

Purpose of bitcoin is very quick transfer of payments and with very fewer fees just because of this now we have too many new technologies and better things in life which are helping us in many fields.
jr. member
Activity: 546
Merit: 1
September 17, 2021, 02:45:25 PM
No bitcoin will never be scammed, because bitcoin is now created big hype in the whole world ,and afte us dollar bitcoin is the second world most popular currency,and now there are many biggest multinational companies have been involved in the bitcoin so if anyone says bitcoin is scam it's sononsance.
And online world bitcoin is one of the most famous currency,and you can see near future the world Will be excepted bitcoin like ud dollar so no need to worry about bitcoin,and bitcoin is my most favourite currency for reading.
legendary
Activity: 1974
Merit: 1150
September 17, 2021, 01:30:45 PM
If someone says bitcoin is a scam right now, you can be sure that person has never known about bitcoin or has invested in bitcoin but has suffered huge losses.
Bitcoin or cryptocurrency has a big risk, therefore investing in Bitcoin must have basic understanding and knowledge about how to manage assets in crypto.
Everything can be a scam, depending on how they view it.
Bitcoin has never fooled anyone and has never scam anyone, but people can use bitcoin to fool others and deceive others in various ways. This is tantamount to abuse of bitcoin in illegal activities and ponzi investments. It is unnatural to blame bitcoin as an asset that should be held responsible for the lack of user knowledge and abuse by scammers. If anyone says it's a scam, then they really don't understand this technology properly. If there are, don't feed them.
hero member
Activity: 1484
Merit: 928
September 17, 2021, 01:06:51 PM
Why will you say bitcon is a scam, don't you think is funny you calling bitcoin a scam. Bitcoin have been in market since 2009 which as at then it worth less than a dollar today bitcoin is $47k if bitcoin is a scam do you think it will survive the market since then. Don't you see other coins which are unable to survive the market and they are not even scam coin. If bitcoin is a scam it will have been dead by now.
sr. member
Activity: 980
Merit: 252
September 17, 2021, 12:55:53 PM
if you say bitcoin is a scam, maybe bitcoin will explode from the first, from the beginning there may be someone who is at a loss, and no one will ever want to invest in bitcoin, but the proof is now bitcoin is very popular, and many companies have accept bitcoin, there are even countries that have legalized bitcoin, if someone says bitcoin is a scam, surely no one will believe it..

It's just a speculation game and anything could happen in cryptocurrency, even the professional bitcoin and cryptocurrency traders always warn us to invest money that we can afford to lose that means there are no guarantee that bitcoin could disappear anytime.
What if it's really happen, do we ready for that moment or we still rely our financial economic to bitcoin / cryptocurency ?
We all hope that won't happen but it's not bad to prepare the worst case
member
Activity: 200
Merit: 11
September 17, 2021, 12:51:43 PM
I don't think this sentence is true. Because of some people who thought that Bitcoin is scam doesn't mean Bitcoin is really scam. Bitcoin is best platform many people earn from Bitcoin it helps to many. See scamming is everywhere in every platform.
legendary
Activity: 2716
Merit: 1859
Rollbit.com | #1 Solana Casino
September 17, 2021, 10:09:26 AM
if you say bitcoin is a scam, maybe bitcoin will explode from the first, from the beginning there may be someone who is at a loss, and no one will ever want to invest in bitcoin, but the proof is now bitcoin is very popular, and many companies have accept bitcoin, there are even countries that have legalized bitcoin, if someone says bitcoin is a scam, surely no one will believe it..
If someone says bitcoin is a scam right now, you can be sure that person has never known about bitcoin or has invested in bitcoin but has suffered huge losses.
Bitcoin or cryptocurrency has a big risk, therefore investing in Bitcoin must have basic understanding and knowledge about how to manage assets in crypto.
Everything can be a scam, depending on how they view it.
hero member
Activity: 1442
Merit: 510
September 17, 2021, 09:01:52 AM
if you say bitcoin is a scam, maybe bitcoin will explode from the first, from the beginning there may be someone who is at a loss, and no one will ever want to invest in bitcoin, but the proof is now bitcoin is very popular, and many companies have accept bitcoin, there are even countries that have legalized bitcoin, if someone says bitcoin is a scam, surely no one will believe it..
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
September 17, 2021, 08:52:39 AM
I have never thought about this problem, because Bitcoin has derived more products and can even form an ecosystem. If it is a scam, are so many super tech geeks and investment institutions in the world all fools?
Not just that but also the fact that the long-term hodlers and people who have invested big money should've been duped by now because bitcoin was just an elaborate ploy to scam millions of people with their money.
hero member
Activity: 1400
Merit: 770
September 17, 2021, 08:41:13 AM
Are you making this bad news to buy at low prices? Many people talk like you but the BTC community is still going strong. As long as the trustworthiness of blockchain technology and its perks I'm not sure BTC will be a Scam. I think this is just the beginning, it will grow bigger. Mass adoption will make a transaction revolution. Just look at El Salvador, he dared to legalize BTC for payments, then there was news that Ukraine wanted to follow. That's one proof that more and more people believe in Bitcoin. So I don't agree BTC Scam
newbie
Activity: 24
Merit: 0
September 17, 2021, 01:59:17 AM
If bitcoin was a scam (IT IS NOT) then it still would have not been the rage it is now. You would ask why. Well, it’s because the people who believed in it at the initial days and are earning huge amounts, would be the ones incurring huge losses, but they aren’t.
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