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Topic: What is the worst thing you have heard about bitcoin - page 5. (Read 1183 times)

sr. member
Activity: 756
Merit: 250
In the city where I live, I have read the news that a few murders have been committed for bitcoin. That was the worst of all. Exchange hack happenings are also scary enough.
So far at my place bitcoin has being used for money laundring and terrorism. Which is bad. Bitcoin anonymity has being used in a wrong way making it gain a bad reputation. Creating a negative look to someone that want to invest in cryptos.
yes, many use bitcoin as a crime. as you say, bitcoin anonymity is exploited by many bad people for money laundering and terrorism. many people become victims and they become traumatized
that's the risk when we invest in the crypto world because there are so many bad people here. of course we must be super careful and careful if that doesn't want to happen to us. if we neglected in the slightest then what would happen to us.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Everytime i heard bitcoin being compared to altcoins.ffor me the is the worst thing ever pointed for bitcoin as this to coin is un compared.blockchain is the best technology people has ever created and this is a slap on a face comparing to not deserving
full member
Activity: 420
Merit: 100
In the city where I live, I have read the news that a few murders have been committed for bitcoin. That was the worst of all. Exchange hack happenings are also scary enough.
So far at my place bitcoin has being used for money laundring and terrorism. Which is bad. Bitcoin anonymity has being used in a wrong way making it gain a bad reputation. Creating a negative look to someone that want to invest in cryptos.
yes, many use bitcoin as a crime. as you say, bitcoin anonymity is exploited by many bad people for money laundering and terrorism. many people become victims and they become traumatized
member
Activity: 434
Merit: 10
the worst thing I've heard from bitcoin is that many countries in the world ban bitcoin for fear that the government will adopt this bitcoin for future currency, and many more I've ever met such as saying that bitcoin is just a fraud and won't give satisfactory result.
full member
Activity: 630
Merit: 100
In the city where I live, I have read the news that a few murders have been committed for bitcoin. That was the worst of all. Exchange hack happenings are also scary enough.
So far at my place bitcoin has being used for money laundring and terrorism. Which is bad. Bitcoin anonymity has being used in a wrong way making it gain a bad reputation. Creating a negative look to someone that want to invest in cryptos.
sr. member
Activity: 728
Merit: 264
In the city where I live, I have read the news that a few murders have been committed for bitcoin. That was the worst of all. Exchange hack happenings are also scary enough.
sr. member
Activity: 620
Merit: 250
Negative news about bitcoin like a big bubble that is about to die is the worst thing I've ever heard, other than that the vulnerability to security and misuse of bitcoin, such as money laundering and funding of terrorist activities is the worst part that is always preached by bitcoin opponents. But I still believe that bitcoin is a good hope for the future to get big profits.
member
Activity: 322
Merit: 12
As per observation, the most common worst thing that I had read about btc is that according to some people that it is a scam and will soon become a bubble. Others were saying, btc has been used by bad elements of the society  as way of doing transaction payments using the btc currency.  So much of the negative things thrown to BTC, I just keep it in mind as a FUD performed by btc manipulators to hit it's purpose to let btc currency to go down trend. Thus, once these manipulators were successful with it, they were also the once buying more btc at a lower price while waiting for it to pump again.
jr. member
Activity: 232
Merit: 1
'Bitcoin is used for illegal transactions" -  cash is/was most used platform for illegal transactions. Bitcoin is infamous for illegal transactions (that is the only thing bad about it to be honest).

however, if you compare bitcoin and cash 'illegal spending', you can see traces of transactions on bitcoin blockchain but there is no trace of cash transaction.

But, people still like to bash bitcoin because it is a new thing. 
member
Activity: 336
Merit: 10
Though Bitcoin has a "lot" of positive reviews, perhaps the worst thing I heard about it was bitcoin will be erased in the market sooner. For they think bitcoin is like a bubble. Yet, I beg to disagree. High hopes to the King of All Altcoins!
full member
Activity: 518
Merit: 106
WWW.BLOCKCHAIN021.COM
The biggest worst thing I ever heard about bitcoin was that bitcoin could not mined by 2030 because of the complexity problem need to be solve by miners GPU so complex that their computer could not handled anymore.
full member
Activity: 457
Merit: 100
Many people say Bitcoin is a bubble, This is the worst word for bitcoin, in my opinion. I can't hear fraud and dead words about bitcoin. My little heart is angry why do so many people hate Bitcoin? Whereas Bitcoin has turned many poor people into new millionaires. Do they lose in investment, or do they just talk? I don't know, for sure I will stay here to stay in the fastest vehicle towards a better future.
the ugly thing I've ever had about bitcoin is that bitcoin will end because a lot of market prices continue to fall and can't go back to normal.
member
Activity: 526
Merit: 10
Lifestyle & Wellness Platform
Well a lot of critics has come out to state a lots of rumours about bitcoin and in some way caused panic well that's among the newbies.
So said bit coin is a bubble just like tulips, some says it is a ponzi scheme and will soon be banned

Other where critical about it's security level and it's vulnerability to hackers well over nine years bitcoin still is the top coin in the cryptocurrency and those critics are still trying to purchase more bitcoin

What is the worst thing you have heard about bitcoin

That "This is the grave of Bitcoin". It took place at the discount stage before and now I hear it when they look at it in the market now. There is always a lot of information around it but it still exists today. They also say it is a "giant bubble". But it has not exploded and disappeared.
member
Activity: 350
Merit: 10
Well a lot of critics has come out to state a lots of rumours about bitcoin and in some way caused panic well that's among the newbies.
So said bit coin is a bubble just like tulips, some says it is a ponzi scheme and will soon be banned

Other where critical about it's security level and it's vulnerability to hackers well over nine years bitcoin still is the top coin in the cryptocurrency and those critics are still trying to purchase more bitcoin

What is the worst thing you have heard about bitcoin

Bitcoin is always considered to be an innovation for the future. So, around it always appear negative predictions. It's all against it. "Bitcoin is a huge bubble," "It will destroy the economy" ... And recently, the period of the downturn has not stopped people saying it will be its burial mound. Anyhow, it will continue to exist and increase in 4 months.
member
Activity: 588
Merit: 18
Bitcoin has been a digital asset, across the globe, and was perfectly trading and maintain the position as number one Coin among other alt-coin in the Crypto communities, therefore the worst thing i observed from bitcoin is whenever panic or bad news occur, bitcoin price we dropped with out looking back and it affects other alt-coin.
full member
Activity: 434
Merit: 100
The worst thing that i heard about bitcoin is its name being involved in a scam by a group of scammers who have fooled thosands of investors. In our country, an alleged multi million scam using bitcoin’s name is busted by authorities and put the criminals behind bars.
newbie
Activity: 24
Merit: 0
The worst I've heard about bitcoin is the Mt. Gox has repeatedly encountered serious hacking incidents. As this is a large trading platform in Japan is quite a lot of people believe. The incident of this transaction makes me not reassured about the amount of his investment.
newbie
Activity: 6
Merit: 0
The worst thing that I have heard about bitcoin is that their investment was lost because of crashing the value of bitcoin .investor said that lot of their investment was lost
hero member
Activity: 1722
Merit: 528
The worst thing I've ever heard is that Bitcoin will end in 2020. And that might have an impact on other cryptocurrency. Whether it's just gossip or facts, but I'm worried about it, because right now I'm only focusing on the world of cryptocurrency.

2020? Even the mining of the Bitcoin that is still not mined will not be ending in that time, I think that is so early to end that and with a lot of investors and supporters of Bitcoin all over the world, I don't think that will happen.

You don't need to worry since there will be a lot of things that will make the price of Bitcoin pump. For me, the worst thing I heard about Bitcoin is Bitcoin being a scam. It is funny at first but when a lot of people will be having the same thought, it is really pissing me off. I don't know why would they think that Bitcoin is a scam while the people that is really scamming them they don't hate.
sr. member
Activity: 644
Merit: 263
I think this ponzi scheme in bitcoin is only because there are exchange places that make transaction fees when making withdrawals and when selling instant, so those who start like this are exchange places, bitcoin or blockhain does not make ponzi or pyramid schemes.

What do you mean by ponzi or pyramid scheme? Are you referring that bitcoin is pyramid scheme? Well I dont believe it at all and this is where the criticism of bitcoin actually starts. I cant understand from your statement whether you are against those schemes or you are calling the Bitcoin Pyramid scheme itself, because I am 100% sure it is not the one. Bitcoin works with straight protocol as like stocks exchange would work in the real world. People come, they invest, they liquify the market, condense it, make profits and sell for the more money. This is complete circle of bitcoin and its associated investment. Its also a currency with value which attracts investors and keeps the circle rotating forever.
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