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kingsbtc

Crypto-currency is a very big scam

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Such people are losers in their lives, and they want others to be like them.

Such people are losers in their lives, and they want others to be like them.

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I do not think so, Bitcoin is a very valid alternative as an asset along with many other cryptos, I particularly see Bitcoin as a haven of value, which protects us against inflation, and I believe that what gives it the greatest sustenance is ourselves, the community

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People usually say that because there are a lot of pages that end up being scam, asking for money in advance to be able to withdraw or making you see advertisements in order not to pay what was promised, but with experience you will already know which are the pages that give a good indication of payment . People must be well informed, because this crypto world is full of opportunities. 

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On 3/9/2020 at 4:03 PM, Lubruselu said:

Cryptocurrencies is not the scammer, but sometimes there have some of biggest traders that's are pumping and dumping cryptocurrencies very massively as scam

Those who are dumping and pumping the crypto market they are not called scammers, but they are called whales, who are trade huge amount of bitcoins per single trade, I guess they can trade up to 10000 bitcoins within a single trade. 

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I think they are speaking without experience. 

I am also a beginner in crypto world, working for months in cryptocurrency. I find it very interesting field to learn or to earn good money. 

There is also a scam in this crypto world, fake coins, scam exchanges, airdrops, bounties, etc. But this is a good and interesting field for those who learn and gain good knowledge in it. 

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It is not a scam at all. I don't know why you make a post that is named like that and then you try to make logic saying that it is not you but others say that. Even banks are saying now that crypto is a good market and they want a part of it. Why do you think it is a scam anyway?

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The more you learn the more you know, have you asked these people why they think that cryptocurrencies are a scam and what is the reason to think like that? There are many scams of course but you can't judge everything to be a scam. There are scams and banks that help scammers and criminals too and there is action against some do we call all banks a scam?

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I think this kind of views are becoming less common. They have been fueled by people like Peter Schiff that has attributes no intrinsic value to bitcoin beyond speculation. If one actually takes some time to investigate bitcoin fundaments, it's easy to understand why bitcoin is not a scam by any means. In my view, fiat money could fit better in the concept of scam, as it is printed out of thin air, causing its value to be lost over time due to inflation, such that people lose purchasing power by holding fiat currency.

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I see that you say that in your title just to bait and recieve angry responses too. What do you say to someone that tells that something is a scam? You ask him why does he think this is so?

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On 1/3/2020 at 1:36 PM, Benjamin said:

I think that persons are not getting some money here in cryptocurrency world so that they will make some fake news about it, they didn't know the importance of it in terms of money by giving some help to the people to sustain the daily expanses and allowances.

I think from my opinion there is scamming in the crypto currency. But we have to be so careful about these things. Also there be a fake airdrops and scame on the telegram. But I didn't faced any kind of these scamming so far. Might be there is a small.

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On 1/3/2020 at 8:28 AM, kingsbtc said:

Why do you think they say all that?

Who are they my dear? I have hear a few that say this but they are wrong and they are not make discuss but only say that this is a scam. Prove it is a scam then. What is a scam Bitcoin? It is a program that run on computers and creates currencies where is the scam there?

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Usually they say this for a reason. Some are related to banks that given this direction in the past but now that they changed their view these scam voices have stopped. But we can't deny that there are many scams in crypto and that some of the arguments made about the early adopters are not false. I mean really it was known to 50 people for two years and they mined half the bitcoins. It is a good argument to make that this was about the first there to get rich very easily. 

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Brother, I've heard it too and when I asked a few people they were all in denial. I told them I'm going to buy Bitcoin and they were acting like I was a thug. I thought this was good reaction so here I am now a couple of days later learning and ready to invest in Bitcoin.

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16 hours ago, blessing95 said:

Those people might have their reasons why they think crypto currency is a scam mainly from scams and losses from trading. But if you get to understand how the currency works and the pros and cons then you'll see that its not a scam

Yes I am agree with what you say my dear. This is the reason many even us that know a little more from them are some times think it may is a scam with the way the prices are behave. I am see the trader very danger and there is a high risk of lose a lot of money. We are have to buy not the top when trader but have patients.

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On 1/3/2020 at 2:11 PM, Tine0313 said:

Well i think they just says words like that because they don't have that much knowledge in crypto currency that's why they lost their money in crypto industry. Well, if they are just more careful in crypto industry, i think they will earn money here and you can't say crypto is a scam when you are earning.

That is correct my friend they are not that much knowledged about the cryptotalk and also about cryptocurreny. They would be angry of some thing what had happened, as per my opinion cryptocurreny are the best digital currency which could be helpful to all people in the society and also helps to reduce poverty and unemployment of people.

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Nowadays many projects are just nonsense and a good project  is hard to find. But not all crypto is a scam, just  the time is not right now because investors have no confidence in the new project and prefer the old altcoins.

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Cryptocurrencies are not a scam, people who have said it is because they do not know how to invest in cryptocurrencies and they have only had losses and that is why they say they are a scam when it is not true since they are only angry about the losses they start saying that  Those who have been in the crypto world for a long time will know that this is a lie.

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Some crypto projects out there are scammer, But not crypto ecosystem as a whole. Paper money is also always involved in scamming but it does not affect its reputation. The same goes for crypto, people just need to learn to fully understand cryptocurrency and change their perspective about it.

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the invention of cryptocurrencies is the most important invention, crypto is the future in transfer of money

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The crypto world is plagued with scams, the different modes of operations in the crypto world have a high level of risk, but they also have their lawful, honorable, honest and responsible side. Users have to be one hundred percent alert in the world of cryptocurrencies. Take the necessary precautions not to be a victim of scams, investigate about the business in which we get into, meet the other party, do business or work with people of reputation and prestige, the question is to investigate and inquire to ensure operations, ask and see the history of the entities with whom you do business or work.

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All those who are saying that crypto currency is a scam are right as according to the market movement and the price drop rate indicate to the same way that people will think about it as scam.


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I think people who say cryptocurrency are a big scam are people who have invested in a new coin project and then they failed and thought cryptocurrency was a scam. Cryptocurrency is not a scam, I have benefited a lot. That is why getting into the crypto world is not easy, you need to keep trying to make a profit.

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Cryptocurrency & blockchain are real inventions. I don't know a reason to say crypto fake or scam. Crypto is trailblazing invention for a global crypto community for the progress. 

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For me, cryptocurrencies are not a scam, being misinformed leads to a scam, therefore you always have to be aware and not believe in any opportunity that seems very generous.

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