Fake Bitcoin can be generated like a Fiat Currency Note?

[BTC Future 3946]

On 12/30/2019 at 7:14 PM, Oxygen said:

This an interesting question, that like fiat currency some scammers produce fake notes and spread them. could fake bitcoin or any other fake coin be generated and spread? any one knows about it?

Noone can counterfeit Bitcoin. The blockchain validates all blocks that contain transactions through consensus rules. If a malicious miner is trying to produce more Bitcoins then the network will not accept the block he found and proceed with another one. The only way for the Bitcoin network to be compromised is the infamous 51% attack which other blockchains have suffered in the past (Bitcoin Cash, Ethereum Classic, Bitcoin Gold, Verge, etc).

It is proven that it is not profitable to 51% attack Bitcoin, and perhaps a few more blockchains as Ethereum, Litecoin and Monero, so these networks are totally secure. This is the reason they are always featured on the top of the cryptocurrency lists too. People trust the technology and the security they offer.

[NIVLEM 172]

 I think they cannot fake the bitcoin unlike the fiat currency. Possible is fake site that offers bitcoin in return of certain amount, a scammers.

[Benjamin 84]

On 12/31/2019 at 1:27 AM, Sourovdeb890 said:

In a crypto currency like Fiat currency, counterfeit currency will not be released, so you can be sure that no fake currency will come to the market, maybe new coins may come in the name, but the coins will never be fake.

Well, there are no fake crypto coins are released to the market literally but people thinking this is a scam by having a no or small value of it because they didn't get some money here and its worth it if they are participating to other than this coins that is newly released.

[maxiway 44]

if it can be done, they send you almost identical information to projects and things like that to win and fill your eyes with money, but first you must find out or ask to see if it's true, you can't go lightly.

[Afrizal rahman 2636]

Chances are they only sell the name of Bitcoin only, they launch the action by saying that it is Bitcoin but in fact just a fraud. So we do not be easily tempted by the benefits they provide.

[miskyming 1588]

The market is already had a fake cryptocurrencies, we should careful when choosing a cryptocurrency for investment. You will get scam for sure if you don't research it. 

[Imaankhan 208]

On 12/30/2019 at 10:14 PM, Oxygen said:

This an interesting question, that like fiat currency some scammers produce fake notes and spread them. could fake bitcoin or any other fake coin be generated and spread? any one knows about it?

I dont think so that any fake bitcoin can be made because it is the authenticity of the coin that people have mostly believed on and that is the reason why it is the king.

[Brushless4500KV 4214]

On 12/30/2019 at 8:44 PM, Oxygen said:

This an interesting question, that like fiat currency some scammers produce fake notes and spread them. could fake bitcoin or any other fake coin be generated and spread? any one knows about it?

Anyone who is aware of cryptocurrency nature and has studied about it knows well that all cryptocurrencies are completely virtual and electronic and there is no physical crypto coin. In crypto world, we only have paper wallets not paper coins!

So, it doesn't matter if any scammer tries to print fake currencies and pretends that they are real because he can't fool genuine crypto users. I doubt that anyone does such a foolish thing because it will be detected soon and will hit the headlines of newspapers.

[Syedbesharat 5423]

On 12/30/2019 at 10:14 PM, Oxygen said:

This an interesting question, that like fiat currency some scammers produce fake notes and spread them. could fake bitcoin or any other fake coin be generated and spread? any one knows about it?

This can't be happened because the BTC is not be cloned .The BTC is originally generated from minning their is no other method for BTC clonning .May be the scammers use this kind of tricks on newbies.

[Badhon420 126]

fraudulent bitcoin unachievable considering localized values external take note of though bitcoin is known as an online digital fx through fraudulent gold and silver coins may be several fraudulent gold and silver coins included in crypto.

[aniksh001 40]

No there are no way fake bitcoin can be created and use with original one. Blockchain is very high secured and that is why people liking and adopting it.

[Ali_hmwi 966]

For scam coins you just need to buy the coins from trusted platforms, Maybe Yobit not that good but if you saw an old coin okay then.

We don't need to make a mistake just because we need fast money..

[Mercello Blyat 21]

A speculative cult currency like bitcoin is only valuable when you cash it out to a real currency, like the US dollar, and use it to buy something useful like a nice house or a business. When the supply of foolish speculators dries up the value evaporates – often very quickly.

[lifelline1262 15]

You can get your fake bitcoin buy by any literate cryptocurrency enthusiasts, these is not like any fiat currency you can easily sell

[Lover840 0]

On 12/30/2019 at 10:44 PM, Oxygen said:

This an interesting question, that like fiat currency some scammers produce fake notes and spread them. could fake bitcoin or any other fake coin be generated and spread? any one knows about it?

Hello my dear friend. In my opinion crypto currency fiat version won't be made in the future. So there is no way hackers or scammers use the fake bitcoin to scam peoples. 

[Babubu609 0]

On 12/31/2019 at 7:48 AM, Soaib khan said:

maybe fake bitcoin not possible because local currencies physical note but bitcoin is a digital currency but fake coins is possible many fake coins available in crypto

Bitcoin is very bad sometime especially now as the price is not steady

[Ayush Singh 1175]

It's not impossible making a fake Bitcoin currency its very much possible for any scammers for hackers and we also see so much of various digital coins available in the market which are not original and to achieving high profit from it we users get trapped into it.

[Hanan951 841]

Alot of coins are fake they work a month two then dead all coins are the same but the section is their own different that is my opinion.

[CryptoMaxim 3829]

I think this is impossible. These currencies have different technologies. And there was no more fake bitcoin. If such a thing were possible, then bitcoin would be devalued because it is anonymous.

[Aleebit 25]

Despite the fact that i am still a novice in the world of cryptocurrency i don't think will be possible.

[Prince90 668]

Well i don't think that anyone can create a fake bitcoin. Because it is generated by mining through only. And it requires some really advanced and highly advanced gpu to generate bitcoin. And also don't forget that bitcoin is a digital currency so there is no chance of making a kfake bitcoin even the future.

[Babubu609 0]

On 2/16/2020 at 10:59 AM, Emon iu said:

There are great possibility to do that. We know that many scammers create fishing website and fall trouble the others people. Like that they can make false coin and can cheat with us.    

fake coins are nonetheless in the marketplace which does no longer have any work and that they thieve your amount.

[BrolySSJ 7899]

I think one of the advantages of bitcoin is that there can be no fake bitcoin that is created as there is the process of having the bitcoin in the blockchain market, which is very different from fiat currency and therefore i think that in this way, forgery is much more controlled and limited int eh crypto world. I do however, think that there are many fake coins which are created by scammers and introduced into the crypto market and people should be wary of this.

[magd 5231]

A lot of people have tried to create fake currencies, but those attempts are unsuccessful. What is the benefit of this behavior? It is harmful to many people. People may buy these currencies and then discover that they are fake. This is really painful. We should all stand up to fake currencies. We want the encryption to remain pure.

[pablomarwan 3082]

Paper currencies can be counterfeited, but electronic currencies do not know how they will be counterfeited. Perhaps it can be focused on you by saying one of the fraudsters, uh, will send it or not. You can't falsify electronic currencies, or maybe I just don't know how it looks and how you can discover it