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btc scam, is it possible? in General Cryptocurrency Discussion_67f83ac065b44

btc scam, is it possible?

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Ikhtiar

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Quote from: Lordmishi on February 10, 2019, 04:54:34 AM
Btc scam ? Of course not. Its the people who use it for scam another people, i still believe that bitcoin will rise again, one day tough.

My advice is, for now dont do something like mining on bitcoin, choose other coin. Because its hard to mine bitcoin now
Belief that Bitcoin could rise again in the future is understandable, given its historical cyclical price movements, which are influenced by adoption, market sentiment, and macroeconomic factors. However, this belief should be tempered with an understanding of the risks, as there is no guarantee of price increases within a specific timeframe or scale.
#856 - February 09, 2026, 02:37:16 AM

Ikhtiar

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Quote from: eoyk on August 23, 2019, 01:17:24 PM
looking at current prices, bitcoin is not likely to scam. we can invest in bitcoin.
It is true that Bitcoin is not a scam project because it is the first cryptocurrency that has an open, transparent blockchain network and has been used globally for many years.
#857 - March 09, 2026, 09:41:14 PM

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Quote from: mantu on August 22, 2019, 10:57:06 AM
bitcoin can indeed be lost or no longer desirable even though it is unlikely, but if the word scam means fraud is not suitable for bitcoin.
Bitcoin does have risks like any other asset (it can lose value or be abandoned), but calling it a scam is inaccurate. What we need to be wary of are those who use Bitcoin's name to commit fraud.
#858 - March 21, 2026, 10:46:25 PM

Ikhtiar

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Quote from: Arafah on August 03, 2019, 08:46:31 AM
BTC scam is difficult, because it's not a company.
It's true that Bitcoin isn't a company, but rather a decentralized system. Therefore, Bitcoin itself can't be scammed like a fraudulent company. However, that doesn't mean scams are impossible. In fact, many scams use Bitcoin's name.
#859 - March 24, 2026, 11:51:23 AM

Ikhtiar

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Quote from: Kahfi on August 22, 2019, 02:43:04 AM
BTC will not be a scam as long as there is internet.
Bitcoin can't be called a scam just because it's internet-based, and the internet certainly supports its existence. However, security and trust aren't solely determined by the internet, and fraud can still occur in the crypto ecosystem even if Bitcoin itself isn't a scam.
#860 - March 28, 2026, 10:08:37 AM

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#861 - Today at 10:04:10 PM

Ikhtiar

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Quote from: Javlin on August 14, 2019, 05:26:02 PM
looking at current prices, bitcoin will never be a scam. we can also invest in bitcoin.
A high price or price increase doesn't automatically prove an asset isn't a scam. Throughout financial history, many assets or schemes have experienced sharp increases before ultimately collapsing. Therefore, using price as the sole basis for assessing validity is weak. However, in the case of Bitcoin, there's a stronger reason why it's generally not considered a scam.
#861 - March 29, 2026, 11:47:08 PM

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Quote from: Uxgo on August 09, 2019, 01:50:33 PM
if I don't think bitcoin will be a scam, maybe a trading provider website that will scam.
The risk of scams often comes from the platform or intermediary, not from Bitcoin itself. However, a critical approach and thorough research are still needed to distinguish between trustworthy services and those with the potential for harm.
#862 - April 01, 2026, 11:55:47 PM

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Quote from: Rejis on August 22, 2019, 04:32:55 AM
BTC cannot be a scam because BTC is not regulated by anyone.
It's true that Bitcoin isn't controlled by a single entity. Bitcoin is decentralized, meaning it's not controlled by any government, central bank, or specific institution. However, it's precisely because there's no central authority that the claim that it's "impossible to scam" becomes less accurate.
#863 - April 03, 2026, 11:20:31 PM

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Quote from: iis on August 11, 2019, 02:04:40 PM
BTC can indeed plummet its price but it won't scam.
Bitcoin can fall sharply, but it's not a scam. However, it's important to remember that just because it's not a scam doesn't mean it's safe. High volatility remains a major risk, and security depends heavily on the platform and how you manage your investments.
#864 - April 04, 2026, 10:37:13 PM

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Quote from: Emblem on September 09, 2019, 04:09:39 PM
BTC can indeed be a scam as long as there isn't much demand anymore.
It's true that if demand for Bitcoin drops drastically, its price could fall, and investments could suffer losses. However, this isn't a scam; it's market risk or volatility. So, the risk of losing money remains, but it's different from fraud.
#865 - April 05, 2026, 11:15:43 PM

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Quote from: vigging on August 18, 2019, 08:51:44 PM
BTC may also not be a scam as long as it can be used for transactions and other needs.
BTC isn't a scam because it has clear functionality and technology. However, it still carries a high risk, and many parties are exploiting its popularity to commit fraud. Therefore, the most important thing is not just to determine whether it can be used for transactions, but also to understand how it works, the risks, and the environment in which it's used.
#866 - April 09, 2026, 11:06:31 PM

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If someone only looks at one side, it's easy to say BTC is a scam. Learning about BTC from various perspectives will certainly broaden your understanding of how to utilize it.
#867 - April 09, 2026, 11:41:56 PM
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Ikhtiar

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Quote from: eaforex5 on April 09, 2026, 11:41:56 PM
If someone only looks at one side, it's easy to say BTC is a scam. Learning about BTC from various perspectives will certainly broaden your understanding of how to utilize it.
Judging something from only one perspective often leads to biased conclusions, including regarding Bitcoin. Many people immediately label BTC a scam based on its high volatility, cases of fraud in the name of crypto, or negative personal experiences without understanding the broader context.
#868 - April 11, 2026, 10:17:20 PM
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