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Topic: Let's Say Bitcoin is scam - page 9. (Read 1901 times)

sr. member
Activity: 1596
Merit: 335
November 05, 2020, 01:47:19 PM
#70
If Bitcoin is a scam, we wouldn't be here talking about it at the moment. In wouldn't go this far if it's a scam. It has passed all the tests of time so I believe that its foundation is now too strong and it wouldn't be ending that easy. It has proven us a lot and that's also the reason why it's developing continuously and being adopted by different platforms.
sr. member
Activity: 1918
Merit: 370
November 05, 2020, 12:49:27 PM
#69
The bitcoin ecosystem is fully based on the Bitcoin community. This is a decentralized cryptocurrency. So we can't imagine its scam, and we can't imagine what will happen if it's become a scam as well.
Lacking of fundamental knowledge about bitcoin will make the people call it a scam lol this is where " we are afraid of what we don't know" saying goes. Bitcoin isn't a scam, and will never be but people can scam using bitcoin and you should know it since you have been part of this forum in a while. Creating threads like this is pointless.

Better know what decentralization is, and how it won't be a scam.
sr. member
Activity: 1050
Merit: 286
November 05, 2020, 12:43:40 PM
#68
Bitcoin is successful and well-known bitcoin is recognized by the world as a digital currency whose price is so fantastic that even bitcoin is called the king of alcoin. I don't think Bitcoin deserves a scam rumor.
That is because bitcoin has so many benefits to the users especially the payment method wherein they can send money all around the globe by using only their gadgets and with an internet connection, less hassle, more secure. This is also an investment to some people who really want to earn by just learning some techniques on how they can support a certain project and by supporting that particular project they can gain income. That scam rumor only comes to those who tried investing and unfortunately supported a scam project, so they are thinking that bitcoin itself is a scam which is not true.
full member
Activity: 364
Merit: 105
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November 05, 2020, 11:16:13 AM
#67
Let's just it is scam
Then lets say bitcoin is scam.. Do you think no one will notice it from the earlier year of its existence? As of now there's no way for Bitcoin to be a scam due to the existence of cryptocurrencies.
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How Long from Today we have left until Bitcoin will be done?
Well if ever bitcoin will be discovered as a scam even if its impossible their are slim chance for bitcoin to lost its value on the market, because there are plenty of people who already hold a huge amount of it and most of these hodlers are bigshot/have a great reputation and power to change fraud to legit and fake to real.
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Let's say its scam we know today so how long we have time until it collpse?

As I mention above I think there's no possibility for a bitcoin to collapse it may drop its price but it will never die or disperse.
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Just humble speculation Let's play out the worse case scenario hope for the best prepare for the worse!
member
Activity: 1120
Merit: 68
November 05, 2020, 09:49:39 AM
#66
Let's just it is scam
How Long from Today we have left until Bitcoin will be done?
If bitcoin was a scam then probably from the past years there are so many news that has been reported this as a scam but no one does, if ever there was then probably they just use bitcoin as a front to scam people not necessarily that the bitcoin is a scam.
Indeed. If bitcoin were a scam, no one would probably buy bitcoin, and it has never helped other people become wealthy by investing their money in it. If bitcoin were a scam, no one would probably use cryptocurrency to deceive or scam people; the only reason why people used bitcoin in their illegal activities because it has a good value.
sr. member
Activity: 1666
Merit: 426
November 05, 2020, 09:17:49 AM
#65
For the past 7 years, many people are saying that the bitcoin is scam just because there are some people who are using it for some illegal activities so that bitcoin has been built a negative feedback to the people, but now that people are getting open minded with the internet things and what this so called bitcoin is they are establishing the good and positive feed back about this.

Let's just it is scam
How Long from Today we have left until Bitcoin will be done?
If bitcoin was a scam then probably from the past years there are so many news that has been reported this as a scam but no one does, if ever there was then probably they just use bitcoin as a front to scam people not necessarily that the bitcoin is a scam.
full member
Activity: 630
Merit: 103
November 05, 2020, 08:55:27 AM
#64
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 that situation happened, most Whales would instantly sell their savings since somebody proved that Bitcoin won't be usable and labeled as a scam.

That is a situation that would only happen if they proved that Bitcoin is a scam. However, things would not go like that since most users are still using and proving that Bitcoin is essential for their financial help.
legendary
Activity: 2282
Merit: 1023
November 05, 2020, 05:42:37 AM
#63
after all nobody promised you "buy 1 bitcoin and get 2 bitcoins free" kinda thing, it's your choice tho, so if you still think or feel it's a scam, fine that's up to you, you can leave it for us who are the believers. Huh
I agree with your assessment, the stupid people that claim bitcoin is a scam fell for doubling ponzi schemes that promises to multiply the coins in a short period of time and and then calling out bitcoin as the culprit when they do not identify their foolishness other than that how could anyone make any claims like that.

 
Just humble speculation Let's play out the worse case scenario hope for the best prepare for the worse!
Don't be stupid with your investment and everything will be fine. This is not the case with bitcoin alone but it is the same with other financial assets as well.
full member
Activity: 770
Merit: 113
November 04, 2020, 05:48:22 PM
#62
Anything can happen.
preparation for the worst-case scenario is a good strategy, it makes us aware that everything comes at a risk and we have to prepare for it with another plan.

This decade has provided ample evidence that bitcoin is legitimate and promising, despite its high risk. At least if we can use the right timing to enter and exit the market then we can make a profit. Moreover, the adoption of bitcoin has become more widespread, many people are aware that bitcoin can provide good opportunities and be an effective alternative in the financial system.

Well, even if it's a scam, what can you do? that's the risk. the principle is never investing more than you can afford to lose
hero member
Activity: 2212
Merit: 805
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November 04, 2020, 03:19:53 PM
#61
Let's just it is scam
How Long from Today we have left until Bitcoin will be done?
Bitcoin will be done? done with what when it's just getting started, we are still in the early stages bitcoin is just 11 years old now, so we can't say bitcoin its done yet, and stop labeling bitcoin as a scam cus it's not, I have been seeing several posts on this forum from newbies and it's obvious you guys don't get the concept behind bitcoin, I think its high time people like you leave the technology for those who believe it.
Let's say its scam we know today so how long we have time until it collpse? 
I disagree with you mate, there's no way bitcoin is ever going to collapse, no matter how bad it gets, if it was going to collapse it won't be around till today, this is just the beginning.
hero member
Activity: 2030
Merit: 402
November 04, 2020, 03:09:26 PM
#60
I don't even want to think that Bitcoin is scam. It sounds ridiculous to me. Bitcoin is the number one cryptocurrency in the market. It has a 11-year history. More people get to know about Bitcoin day by day. Bitcoin usage continues to increase. The number of Bitcoin ATMs in the world is increasing too. We also have many places that we can use Bitcoin as a payment method. In short, Bitcoin is the most powerful cryptocurrency and it seems that it will continue to be like that for a long time.
member
Activity: 512
Merit: 44
November 04, 2020, 12:35:36 PM
#59
How can we say it is scam if many are believing on it and using it. As I read about bitcoin, it started a long time ago, and yet bitcoin is still existing, so how it can be happened that this is just a scam. I think bitcoin is not a scam but the person who using it to take advantage or to deceive others is the scam.

Yeah I agree with you. How can people say that bitcoin is scam if they do not have evidence on their hands. If it is proven to be a scam then it should be shutdown a long time ago. Bitcoin is not a scam, but it is those people who use bitcoin's name or other crytocurrency coins to attract people and get money from them.
legendary
Activity: 2408
Merit: 2226
Signature space for rent
November 04, 2020, 11:14:24 AM
#58
The bitcoin ecosystem is fully based on the Bitcoin community. This is a decentralized cryptocurrency. So we can't imagine its scam, and we can't imagine what will happen if it's become a scam as well. I am not preparing what will happen after the scam, but I am preparing how I will accumulate more bitcoin for the future. Bitcoin is adopting continuously, and the community has been increasing rapidly. So even it doesn't come into my dream that Bitcoin will be a scam.
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
November 04, 2020, 11:13:48 AM
#57
Anything that will become scam at the end always a sign facilitator will surely understand that a particular currency is a scam. Since 2009 many bitcoin user are still there impacting many people about bitcoin who it work and things to be avoid not to be disqualify from the forum. Assume bitcoin be a scam by now the currency would have been showing the users that the currency is a scam.
I think bitcoin can never be a scam according to my research concerning the creator of bitcoin which is Satoshi Nakamoto. Many facilitator have help many people to achieve their goal in bitcoin family which is still making other people have interest on bitcoin. With envidence many bitcoin investors have experienced which is many than 7 years.
sr. member
Activity: 1120
Merit: 272
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November 04, 2020, 10:16:28 AM
#56
Even in the worst case scenario, I don't think it will fall to the point of disappearing easily, as there will be a large group of fans who believe in bitcoin

I don't think that bitcoin will be eliminated easily even if it is a scam, many people will still be fooled by it.

But we are blessed that bitcoin is not a fraud, it is not a scam, we are really benefiting its advantages in the market. Many people are getting successful on investing to it although it is volatile in the market. I just can't imagine if this bitcoin is a scam because it has a lot of potential to become the best and the most used cryptocurrency in the world.
full member
Activity: 574
Merit: 101
November 04, 2020, 09:26:20 AM
#55

 if Bitcoin is scam,what is junk bonds and fiat money system?
Fiat money system and occurance of Bitcoin mass adoption has their different advantages and disadvantages so we have to consider the factors of being advantage to each other. The advantage of fiat currency is we don't need to adopt but bitcoin has more advantage than fiat currency just like having a faster money transfer wherever you are, has a bigger wallet that can also make you earn and last is it is tradable it means we can earn using it.
sr. member
Activity: 1372
Merit: 261
November 04, 2020, 09:08:05 AM
#54
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!
You're one funny person.
Okay I would join your imagination and give you a nice answer to it,
Let's say that it is a scam does any scam project/schemes give out time to let us know when would they run?
Do you know any scam project or investment that told their investor about their time limit on how long would they give out profit to their investor before they run?
jr. member
Activity: 210
Merit: 6
November 04, 2020, 09:06:01 AM
#53

 if Bitcoin is scam,what is junk bonds and fiat money system?
newbie
Activity: 16
Merit: 0
November 04, 2020, 08:53:19 AM
#52
How can we say it is scam if many are believing on it and using it. As I read about bitcoin, it started a long time ago, and yet bitcoin is still existing, so how it can be happened that this is just a scam. I think bitcoin is not a scam but the person who using it to take advantage or to deceive others is the scam.
full member
Activity: 865
Merit: 104
https://paradice.in/?c=bitcointalk
November 04, 2020, 08:46:02 AM
#51
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!

That statement is rather absurd in itself. It's like claiming money is scam.
Bitcoin IS used in some rotten scam projects, but in the same way as fiat money is used.
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