Can you create fake bitcoin?

[BTC Future 3946]

The Blockchain is run by consensus rules and validates transactions through PoW making it unable for a malicious miner to create fake coins or reverse transactions and double spent existing ones. The possibility of this happening is unrealistic as it can only be achieved through a 51% attack, meaning for a single entity to be able to keep under control for many hours 51% of the total hash rate of the network. Even if this is achieved the profit won't be enough to cover the cost making it a worthless effort.

[Shaza Ahmad 1682]

Yes you are right, and we must maintain safety and protection, and search for the reputation of each site before depositing.

[Razan alikac 1899]

You are right, my friend, and this is new information I acquire now. everyone should be very careful and attentive in these cases.

[MrGeany 297]

no that is not possible to create fake bitcoin cause your bitcoin becomes bitcoin th emoment blockchain and every server sees it as bitcoin and not other coins or outsider. it they don't recognize your bitcoin than it is not bitcoin at all and you can't use them in real life.

[Waqar Qainth 0]

Yes this is possible to create fake bit coin. Hacker create fake bitcoin and do scam with new members as well as old members.

New members should be very careful about this scaming otherwise you will lost your precious coins. 

[Rickso 768]

On 12/15/2019 at 1:29 PM, Lubruselu said:

Yes of course you can create the fake bitcoin, but you can did that's if you create your fake exchange or fake wallets platforms also.

But you cannot create the fakes bitcoins and be able to use them in the blockchain technology network.

no, you can't. since if you replicate a "fake bitcoin" there will be still the "real bitcoin" so you will know which is the real one and the fake one. so you really can't do that.

there are also a lot of bitcoin forks (same thing but different improves) but those are just new coins and not fakes one

[magd 5231]

I do not think it is a good idea to create any fake websites or wallets. This will not give us any benefit, especially since cryptocurrencies are not easy to obtain, so they cannot be made fake. This is why I recommend official websites and work correctly and more credible.

[MrGox 880]

Roger did it with creating a BCH and there is no need to do the same thing one more time. The fake BTC will not be interesting for anyone except scammers. So be careful with scam coins, especially if it is free.

 

Edited March 13, 2020 by MrGox

[jacker 1095]

I don't know how to create fake bitcoins, but I know that I can create them. I consider this fraud to be a fraud so I confess that I do not care much, whether the purpose is good or bad.

[AkaCrafterCZ 1140]

Yes, you could make your own node and host the Bitcoin blockchain on it. You could also edit some specifics and make a fork out of it. But you can't use your "fake" Bitcoins in the mainnet of the original Bitcoin.

[harzallah 161]

SO funny no  way that happen but you can create a fake currency like BTT and it will be scam but bitcoin you realy dream so this is impssible and thnx.

[khan188 536]

Well, I don't think this can be possible, as per my knowledge. But the real and accurate answer can be given by the blockchain experts. 

[Trader21 1199]

1 hour ago, harzallah said:

SO funny no  way that happen but you can create a fake currency like BTT and it will be scam but bitcoin you realy dream so this is impssible and thnx.

It is not impossible to copy the current chain of BTC and make a another fork with the similar symbol. Maybe I am wrong but it is not impossible, AFAIK.

[Ayush Singh 1175]

Yes it's very easy to make a fake Bitcoin or any other Crypto coins there are many users who are well technified and use there technical activities for scamming and hacking they are the ones who can easily make a fake coins and can trap user to invest in it.

[Honny143 13612]

Create fake bitcoin and create fake exchange also, its really interesting topic bro, but you can't give full information about this process, because I can't heard previously so I want full details like how we create fake bitcoin,and what use this coin can we sell this bitcoin like we do other coins, so give all information.

[Dj abol 10]

Because I haven't heard before so we want full details on how to make fake Bitcoin and what currency to use. We can sell this Bitcoin just like we do other currencies, so give all the information, make fake Bitcoin and make fake currency tooThis is a really interesting topic, brother, but you can't give full details about the process

[Fedor00 74]

You cannot create fake bitcoin. Because bitcoins are created by mining them and only miners are able to do that. Each bitcoin is registered on blockchain so you cannot fake it

[Brushless4500KV 4214]

Creating a fake bitcoin is impossible because no one has ever managed to hack bitcoin's protocol or blockchain network. Penetrating into blockchain involves manipulating a massive number of chains (blocks) that are all connected together as a whole and if you change one of them, all others will be affected. So, manipulating such a big system requires months or even years of hard work which isn't worth the try.

[MrGox 880]

Neither BTC nor any altcoin you can not make. That is why it is something change reaction and all of them has own smart contract, which we can not do with alone. 

[BTC Future 3946]

2 hours ago, MeiLynh said:

If you want to just create bitcoin and use it, you will even fall into patent issues. If someone were to send something else instead of bitcoin, he would have to go to jail. This can be a terrible problem for the use of bitcoin at the government and according to the various desires in which bitcoin recognition is empowered.

I think you should read again what I've written and you quoted, as it is important to understand these Bitcoin fundamentals. You should do more research to realize how things work as judging from what you've posted it has nothing to do with the information I provide.

Try and find out 1) what is consensus 2) how mining works 3) why noone can hack the Bitcoin blockchain 4) How Satoshi solved the double spenting problem 5) how miners are rewarded

Edited March 23, 2020 by BTC Future

[KURTAULI 1297]

You can create a Demo version of Bitcoin. Bitcoin is open source Everyone has the right to create cryptocurrencies on Bitcoin blockchain. The demo version of Bitcoin will have no value and usage

[jamesvince 2389]

You can't create fake btc as i know the blockchain technology. Because new projects are launched their project they can scam with us but the reaction of fake btc is not possible due to decentralized and famous currency of crypto market. 

[Saboor 511]

There is no way you can create a fake bitcoin and people will be using it without being notice, there will be a difference in their blockchain and it utilization won't be possible

[pablomarwan 3082]

How is it possible that I have not heard of the existence of a counterfeit digital currency? If only it was a promotion of a name and it was not originally created
It can be included in potential frauds, transfer of funds to unknown recipients and the existence of non-executable or fake contracts. I agree with you .

[Upright 2688]

That's true as fugitary  or counterfeiting is not actually possible on doing so on the blockchain and also to as make such moves will be nearly impossible to broadcast fake coins on the blockchain

That's true as fugitary  or counterfeiting is not actually possible on doing so on the blockchain and also to as make such moves will be nearly impossible to broadcast fake coins on the blockchain