Bitcoin is the 'mother of all scams' and blockchain is most hyped tech ever

Discussion in 'CryptoCurrency' started by Asif WILSON Khan, Oct 12, 2018.

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  1. sysco32

    sysco32 Power Member

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    Can you please check the price movement at the big companies like 2009-2012 - If i remember the movement was around 90% loss? HOw much are they now?
     
  2. Asif WILSON Khan

    Asif WILSON Khan OG Blue Tick Exec VIP Jr. VIP

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  3. bullsbears

    bullsbears Power Member

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    You either buy bitcoins or spend your money in casinos...it's the same thing...

    If you want to waste your money, pick any.
     
  4. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    I think you are wasting your time with these experts. They have been gambling (sorry trading) for the past six months. They know everything there is to know. One of them even quotes pages on medium as a genuine source of information. Medium posts that are purely there for a backlink to some shite blog written by some Macdonalds employee.
     
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  5. artur core

    artur core Junior Member

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    Whats btw the reason to cry around here?
    Just wondering why somebody shittalks for 3 pages without any clue about the topic.
     
  6. Asif WILSON Khan

    Asif WILSON Khan OG Blue Tick Exec VIP Jr. VIP

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  7. artur core

    artur core Junior Member

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    People surely happy to have you around them if you make jokes about financial problems.
    To be honest, talking with you is like arguing with trump supporters. I'm out. Keep on hating if you feel better at night.
     
  8. Asif WILSON Khan

    Asif WILSON Khan OG Blue Tick Exec VIP Jr. VIP

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    Make Bitcoin Great Again !!!
    https://www.google.com/search?q=Make+Bitcoin+Great+Again




    BTW not hating, I love BTC,
     
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  9. Gogol

    Gogol Jr. VIP Jr. VIP

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    I only invest in KFC (and it's not a coin haha).
     
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  10. Lamelo Ball

    Lamelo Ball Newbie

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    I don't think Bitcoin is a scam. It is important to have an alternative money system where govt want to take control of everything pertaining to our life. The problem is that it is susceptible to manipulation by a few big players.
     
  11. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    If you don't agree with me that Bitcoin is amazing and the future then you are stupid and a hater? :eek::eek::eek::eek::eek:
     
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  12. Vampirion

    Vampirion Junior Member

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    Fun fact: China has 'banned' bitcoin like 100x over the past 2 years.
    Also fun fact: Bitcoin has been declared dead pretty much every year so far.
    We all know what happened so far with the price.

    No one knows where this will go exactly because it's a completely new industry.
     
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  13. davids355

    davids355 Moderator Staff Member Moderator Jr. VIP

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    A friend of mine is working on quite a few projects implementing blockchain tech for some big (Fortune 500) companies. So I would say that tech is not over-hyped.

    As for bitcoin, I’m on the fence - I can’t disagree with the skeptics, but even so my gut feeling is still that it will bounce back at least in some form.

    And that’s not from someone who desperately wants their investment to come right as I have already sold most of my btc because It was too uncertain. But I just like the idea of btc and I think it makes sense.
     
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  14. Vampirion

    Vampirion Junior Member

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    I feel there are a lot of self-claimed experts who invested in 2017 and now know all about trading lmao

    "When do you decide to cut your losses"
    Mate even if you only invested 1 year ago you are still in profit.
    The ones complaining here about losses obviously jumped in late 2017 lol - everyone else is still in good profits.
     
  15. virtualpurity

    virtualpurity Jr. VIP Jr. VIP

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    Bitcoin has existed for close to 10 years now, and year after year it was called a scam , a bubble etc etc but here we are now 12.10.2018 Bitcoin still exists with a price of 6285 USD at the moment of writing.
    Heck couple of years ago it was worth only a few bucks and no body seemed to call Btc a scam back then or even cared.

    Only now when the price has risen and politics got involved and saw the blockchain potential,they started using mass media to do their "dirty" work.
    I do agree that it was over hyped last year with all the ICO`s and what we see now is just a result of the correction that needs to be made, but a drop is hardly proof that its a SCAM.

    I miss the old days when hardly anyone know about BTC, and everyone were just minding their own business, now suddenly everyone`s an "expert".
     
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  16. Wooten

    Wooten Junior Member

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    It's like warrior forum all over the place lol. From what I've seen ( and I am involved in crypto to some extent ) those so-called "experts" are mostly those, who managed to ride last years uptrend and made bank by taking the leap of faith. Now since everything's not going so good, creating courses and memberships and tools ( and why not? ) is a way to go.

    But please, anyone, explain to me in a legitimate way, why is people involved in crypto sees it as some sort of panacea of financial industry?

    I'm not calling crypto a scam, but believing that it will stay in this "unregulated", "private", "ungoverned" way is just being too emotionally attached to the thing and just straight naive, IMHO.

    But any arguments on that regard are super welcome.
     
  17. Asif WILSON Khan

    Asif WILSON Khan OG Blue Tick Exec VIP Jr. VIP

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  18. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    That is the laugh that Bitcoin investors make when they whip the rug from under the little people, crashing the price yet again and walking away with all their MacDonalds wages. And still they go back for more.
     
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  19. Wooten

    Wooten Junior Member

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  20. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP

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    If it's a scam, then who's the scammer?

    There's no one behind Bitcoin? It's just a bunch of people who attributed value to something.

    It may well end up like Dutch tulips, but in this case the tulip does have some practical use.

    Heck, even BHW is accepting crypto payments now!
     
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