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Topic: Let's Say Bitcoin is scam - page 6. (Read 1901 times)

member
Activity: 101
Merit: 18
August 28, 2021, 01:18:51 AM
A few years ago, most people thought Bitcoin was a Ponzi scheme. Bitcoin is the "tulip".
In this case, Bitcoin still has made great progress. These rumors have no effect on Bitcoin.
More and more people believe in Bitcoin. There are also many national companies that use Bitcoin.
Even the whole world says that Bitcoin is a scam. There are still people who believe in Bitcoin from start to finish.
jr. member
Activity: 238
Merit: 1
August 27, 2021, 10:59:04 PM
Bitcoin is not a scam if it is a scam then why would billionaire support it why they have announced that they will accept bitcoin as a payment method for their company even i have heard that many big companies will pay to employees in bitcoin.
member
Activity: 790
Merit: 44
August 27, 2021, 09:52:08 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 the mindset of people who are astray and misleading, that kind of mindset has been born since 2009 in fact that kind of mindset disappears like salt in water, let's just say you can't buy Bitcoin or can't see people who are successful in Bitcoin, what is a scam, as far as I know a scam is not like Bitcoin token maybe.
sr. member
Activity: 1792
Merit: 255
August 27, 2021, 09:35:02 AM
No let's no to say that Bitcoin is scam because it is a legitimate currency which offers many advantages over traditional money but there are some people who uses Bitcoin for scam and in every field you got some these types of scam people that doesn't mean Bitcoin is bad or it's a scam.

Bitcoin is money accepted by hundreds of millions of communities globally, this is equal to the population of one large country, with a daily transaction volume that reaches $50 billion, of course, it makes anyone interested in bitcoin so they do anything including making various scam projects.
member
Activity: 200
Merit: 11
August 27, 2021, 06:53:12 AM
No let's no to say that Bitcoin is scam because it is a legitimate currency which offers many advantages over traditional money but there are some people who uses Bitcoin for scam and in every field you got some these types of scam people that doesn't mean Bitcoin is bad or it's a scam.
full member
Activity: 770
Merit: 100
WFC [World Family Coin]
May 27, 2021, 03:33:00 AM
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 and more famous and more and more people are investing in bitcoin because large companies have started accepting bitcoin.
jr. member
Activity: 50
Merit: 2
May 27, 2021, 03:27:46 AM
Actually I don't really know until today and said the currency is a scam, if you think that the currency is a scam, why will you stay in the currency BBS posts, this is to my very confusing, the currency compared to other investment projects have more advanced technology as the support, and he was decentralized, is not worried by the manipulation of some people.
copper member
Activity: 770
Merit: 1
May 26, 2021, 10:03:44 PM
I don't think bitcoin can be called a scam because it is a great innovation of decentralized payments where you have control over your money. It can be accepted world wide as payments method. You can send payments in any parts of world where bitcoin accepted. earlier who purchased bitcoin at low price and one who has purchased on high price. we can not say scam now if the price is gone high. We should respect everyone money who invested at low or high price.
newbie
Activity: 20
Merit: 0
May 26, 2021, 09:48:34 PM
For those who don't know BTC, it may be a scam. For those who know BTC well, it's not a scam.
Let's assume it's a scam, so why do some countries support BTC's payment method.
BTC is just a voucher, just like the passbook given by the bank, except that the credit endorsement is different. BTC credit endorsement is blockchain technology, while the credit endorsement of passbook is the national government.
member
Activity: 1162
Merit: 58
May 25, 2021, 06:49:35 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!
If bitcoin is scam this will not last for long like now, 11 years and still being supported?

698 billion market capitalization ? is this not enough to prove the legitimacy of coin?

Blockchain is the general trend. Just like the Internet ten years ago, it is a gold mine, but there are also many scams. This is a stage that the industry must go through. Therefore, identify scams and actively participate in the development of blockchain to obtain wealth through blockchain.
So this is not a Scam right?
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
May 25, 2021, 06:34:55 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!

I don't know how did you come up with this idea but if that would be the case then every cryptocurrency coin would fall apart and no one will try to talk about it. Bitcoin scams or even frauds made by other people are possible but BTC being branded as a scam is not realistic since it's a digital coin used as a medium of exchange for transactions.
jr. member
Activity: 65
Merit: 5
May 25, 2021, 02:22:36 AM
Blockchain is the general trend. Just like the Internet ten years ago, it is a gold mine, but there are also many scams. This is a stage that the industry must go through. Therefore, identify scams and actively participate in the development of blockchain to obtain wealth through blockchain.
member
Activity: 476
Merit: 10
May 25, 2021, 12:52:44 AM
Bitcoin is better than any fiat, and the blockchain is decentralized so no one can hack it and never be scam. The price raised from a penny to athousand dolar in less than 11 years. Bitcoin is the second of Gold that beat with the inflation,  and Bitcoin can be better than Gold because possible to transfer it from amount of sathosi to very large amount from and to around the world  just take a few minute. Bitcoin help amillion of people from in a global crisis.
sr. member
Activity: 1414
Merit: 326
May 24, 2021, 10:31:53 PM
bitcoin is definitely not a scam and bitcoin has a high price and can be directly exchanged for fiat and that's real, what proof of bitcoin scam is absurd I don't understand people who say bitcoin scam what they have in mind.
Yes Bitcoin can never be a scam bitcoin is king at the crypto market and tops all currencies. By investing in bitcoin traders make more profit than other currencies not just for investment but if supported by the government will help a lot to improve the country's economy no one would call bitcoin a scam if they had a good idea about bitcoin and its proper use. They have no idea about bitcoin so they call bitcoin a scam.
full member
Activity: 1708
Merit: 126
May 24, 2021, 10:19:55 PM
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!

If Bitcoin is a scam, I don't think it would last until now. It has been through a lot and I believe that that's more than enough to prove its real value and function. It wouldn't attract or even catch the attention and trust of most investors if it's obviously a scam. It's hard to imagine the worst-case scenario because the goodness of having Bitcoin as an investment is really visible. 
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
May 24, 2021, 10:07:49 PM
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!
What if you are the scam , How long will it take for you to Get banned?

Just a Humble speculation and no personal feelings mate.  Grin

Bitcoin will fall, but it will not collapse, nor will it become worthless. This is our belief. If you don't buy it, others will buy it. Bitcoin is more stable and less risky than other currencies. No real experience, please don't say that about Bitcoin.
But you are talking naturally while OP is asking about scam issue.
newbie
Activity: 6
Merit: 0
May 24, 2021, 09:15:15 PM
Bitcoin is not a fraud. Some people don't approve of bitcoin because they don't understand bitcoin, but think it is a fraud; In fact, bitcoin, like money, can be used in daily life in some countries; If it's a scam, why do some countries use bitcoin for trading and why don't they ban bitcoin. In this way, the person who says bitcoin is a fraud is also a liar. Smiley
jr. member
Activity: 83
Merit: 3
May 24, 2021, 08:38:49 PM
Currency is a commodity. Bitcoin is no different from gold and diamonds. It is no different from the US dollar and RMB. No one thinks that more and more people invest in gold to win scams, nor do they think that gold is a bubble and the value of Bitcoin itself is nothing like gold. The risk of distinguishing Bitcoin comes from the risk that every new thing has to bear when it enters people’s lives rather than Bitcoin itself. In terms of practicality, gold itself is not necessarily more decorative than silver, and the reason why gold is valuable is because it is obtained. People’s recognition also applies to Bitcoin, so Bitcoin is no different from any currency or commodity we have, and the value behind it is not a lot, but at the same time Bitcoin has also become worthless. Risk, but this kind of risk is also of any commodity, but there are more and less, and Bitcoin as a fresh product, the risk is undeniably greater.
jr. member
Activity: 75
Merit: 1
May 24, 2021, 08:27:09 PM
The emergence of Bitcoin has a certain inevitability and is a product of the rapid development of the world. Similarly, because it is a new thing, everyone's views and even usage may not be unified. But Bitcoin is not a scam. The idea of decentralization and blockchain technology have all proven their value with visible changes to our naked eyes. Bitcoin will do the same. In addition, investment needs to be cautious.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
May 24, 2021, 06:44:34 PM
It is upon the way one take it, as well as the trust/understanding one have over it. If he consider it a scam and starts using it, surely the user will get into the hands of scammers. If he understands it in the wrong way then no one can help him realise how valuable is Bitcoin. If he believe on the network and starts investing, automatically he/she'll be benefitting out of it.

People have difference of opinion about bitcoin, with time this has been changing drastically. Years back people feared of talking about bitcoin, then they feared of using it. Now things were common and people are used to it. Likewise the transition will happen making people know better about bitcoin.
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