Fake Bitcoin can be generated like a Fiat Currency Note?

[Zaino34 0]

I think that this cannot happen because Bitcoin is a currency of good value and it cannot be wiped out compared to other currencies, especially new ones, many of which are counterfeit and without value and are created in order to deceive their members.

[imr 43]

I think currencies cannot be lied like fake money that is easily false, because Bitcoin cannot be published and the amount is limited so we are sure about Bitcoin, only the new crypto currency can be lied.So we are sure about Bitcoin, only the new crypto currency can be falseed right.

 

 

[imr 43]

Of course, many coins that are produced that show the genuine but are really fake. And also beware of fake coin investments that crash even before they even start. Always request for white paper and for the researchers.Most people try to steal the wealth and create fake coin to fully fill their needs and sell them to people. 

 

 

[Tine0313 3053]

I think fake bitcoin is still hard to believe because it is hard to make a fake one of crypto. Unlike fiat currency which you can copy the same physical identity of it. If fake bitcoin really exist, i think scammers use it for a change of stable money when they start selling it to a person.

[Shivam1 428]

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?

I think its not possible. There are many coins are in crypto market but every coins are real and verified. In future may be fake coins will come. But I did not see fake coin.

[BitcryptoHan 2557]

Yes, there can be fake bitcoin. But no fake bitcoin in reality digitally, but some will send bitcoin to you and you will see them sending it but nothing will appear on your account and no incoming transaction. There is not fake bitcoin but scammers can be trickery. 

[issa123h 0]

Yes there is alot of scammers 

In coinmarketcap and fake coins

Those coins Do Not have any value

In btc markets so you will lost by using it

[Hasmizara 64]

Bitcoin is much less likely to be a good currency counterfeit than other currencies. Fia Bitcoin cannot be made like fiat currency notes because bitcoin is never used as a currency. And Fiat is what we use through paper notes. This is why it is very difficult to convert to Fia Bitcoin.

[Treat1234 0]

9 hours ago, EZAZ1212 said:

Fake Fiat currency can be made because it can be touchable but in case of Bitcoin or any other cryptocurrency it's not possible to make a duplicate or face coin because it's generated in internet and blockchain technology.

And even do it was created it won't merged together in the same blockchain, it will have the different blockchain and  that will not be used by many people

[Virgil dijk 1431]

Well I think there is no fake bitcoin in Crypto but there are other fake cryptocurrencies which are being produced to scam people who invest in it, so Investors should really be careful of the coin they invest in.

[Ridam 7455]

At first you should know that Bitcoin can't be spend likes fiat currency (like in notes). Yes the coins of Bitcoin symbol are made but they are only for marketing purposes and if anyone is selling notes saying it's Bitcoin immediately you should contact authority or take two step back from the person.

[rekter 8129]

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?

I am not sure why many people in here think it's possible just because someone is promising free bitcoin and doesn't deliver. It has nothing to do with the question.

 

And answer to question is no, blockchain is immutable. There are no "fake coins" in Bitcoin blockchain. Every bitcoin in your wallet will be real if it's a legit bitcoin wallet.

[Whited35 15285]

On 5/7/2020 at 6:35 PM, Ridam said:

At first you should know that Bitcoin can't be spend likes fiat currency (like in notes). Yes the coins of Bitcoin symbol are made but they are only for marketing purposes and if anyone is selling notes saying it's Bitcoin immediately you should contact authority or take two step back from the person.

So we are calling it the virtual currency and here the main issue is, whether they can be also duplicated even in the form of virtual currency.Bitcoin are produced when the miners are actively performing their job so there has to be verified block. It indicates, duplicate of Bitcoin is completely impossible. 

[jamesvince 2389]

Although fiat currencies fake are generated but if you thinking about fake btc creating then this is not possible because blockchain technology is so strong then fiat currencies. Because online virtual currency don't have physical shape so no chance of fake btc.

[CryptoLover21 0]

There are many coins which are fake and scams. As number of people joining cryptocurrency are increasing, many scammers are creating the fake coins and generating coins for free which should restrictly prohibited.

[Tunuu 2235]

That can be happen and there are some sites already doing this scam. You may receive an email with a bitcoin pending transaction with a message telly you to pay some amount so that your transaction can be confirmed. But those are scammers, fake transaction, fake bitcoins and fake promotion.

[Moaz 7239]

Fake Bitcoin cannot be created. This is impossible in my opinion, because Bitcoin is a virtual currency that is created online and depends on the blockchain technology in its transactions and it is a network with a high level of security, and that any Bitcoin will move from wallet to another, needs to 6 confirmations in the blockchain network

[TimopheyKa 3900]

I think it's possible, but the point is, how relevant is it? If the hacker could somehow replace it, thereby selling it at the price of the original! So this is a shocking situation, because many people can lose their profits this way!

[Abdul41x 0]

Scammers have different ways to trick people they might not use fake Bitcoin but they will use another means to defraud people so that one can believe them but I have not heard of any fake Bitcoin yet.

 

[gourav789 2834]

I didn't think that their is any fake bitcoin or we can copy exact same programming of real Bitcoin . fake bitcoin are useless , we can't used them for trading , mining or any other purposes like real bitcoin .

this is just a amount ( or we can say a dead coin ( forever ) 

[Guru2050 8284]

It's not that simple to create fake BTC, because this is block chain technology, unlike fiat currency which goes in to hands of masses circulating physically. But I can denied the facts that there are some shit, dead and duplicate tokens project that has failed on the way .

[Cryptomint 433]

I didn't see anything anywhere like you are saying and of there is like that so we all should be careful about it and should keep safe ourselves from scammers.

[lange_marck 40]

Bitcoin at this time does not accomplish the criteria of alive mortal a currency as it does not give out as a intermediate of exchange, a unit of account, and a stockroom of value...

[candyguyyy 43]

well i do not think so even it exist for while you can find it easily with just little experience

[hasaan 289]

Fake btc is not quite possible, i can ensure about of that. But there is some potential coins in the market which is not gonna provide you any kind of profit, that's why the investor should be aware about of the coins. The investors should choose the potential coins like btc.