Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: cryyptoexpert2020 on April 25, 2018, 12:23:36 AM
-
In my opinion, it’s a colossal pump-and-dump scheme, the likes of which the world has never seen. In a pump-and-dump game, promoters “pump” up the price of a security creating a speculative frenzy, then “dump” some of their holdings at artificially high prices. And some cryptocurrency are pure frauds. ernst and young estimates that 10 percent of the money raised for initial coin offerings has been stolen.
(https://i.imgur.com/QLW0rgU.jpg)
The losers are ill-informed buyers caught up in the spiral of greed. The result is a massive transfer of wealth from ordinary families to internet promoters. And “massive” is a massive understatement — 1,500 different cryptocurrencies now register over $300 billion of “value
reference: https://www.recode.net/2018/4/24/17275202/bitcoin-scam-cryptocurrency-mining-pump-dump-fraud-ico-value
-
In my opinion, I think it is not a scam because there are people earn a living out of it. Although, there are also people who lose there money. For me its a win or lose battle. The one who lacks knowledge about it will surely lose.
-
Nope! Bitcoin is not a scam. It is use in front of the people whom the desires is to scam other. Some investors wants to earn money easily without any idea on how bitcoin works and what is bitcoin? That is why they fall easily to scammers and lose instantly the money.
-
Bitcoin is not a scam. But some of the people on it is a scammers , they are not easily notice but work silently stealing 😥 I hope they cannot be successful all the time, coz many hardworking people will supper to their unfaithful behavior.
-
What?bitcoin isn't a scam because many prople in different countries are earn in bitcoin and also me.For me bitcoin is not a scam because of bitcoin a buy a cool car and house & lot .
-
How can btc be a scam? Considering the fact you are not so much into it doesn't mean its a scam. Just invest and see how it works
-
bitcoin is not a scam million of people investing in bitcoin and they believe in btc if btc scam theres no crypto but we see the crypto is still alive so it means this is not a scam.
-
If it works, do not fix it. You have seen bitcoin working. People are investing into it and they are making money. Some countries and banks has accepted it as a means of payment and you still call it a scam?
-
I think your wrong .Bitcoin is not the greatest scam in history because does a big rule in our lives which provides us wealth and riches .
-
And all the Fiat Currency who've made by papers are scam too! Can you imagine since A.D the fiat money rule the world.. Bitcoin is an algorithm and has an Technology that we can use it today to safeguard our data and financing online, why you called it scam..