bitcoin cash is the biggest crypto scam as far as i am concerned!
- it is centralized ✓
- it was created without consensus ✓
- it is abusing the name of a popular cryptocurrency ✓
- it has been damaging that popular cryptocurrency's image ✓
- it has also been damaging it other ways like taking the hashrate and slowing the mining process a couple of times causing backlog ✓
- it has been sold under false pretense as something else ✓
- it goes against bitcoin's vision of decentralization ✓
- .... a lot more
- it is centralized ✓
- it was created without consensus ✓
- it is abusing the name of a popular cryptocurrency ✓
- it has been damaging that popular cryptocurrency's image ✓
- it has also been damaging it other ways like taking the hashrate and slowing the mining process a couple of times causing backlog ✓
- it has been sold under false pretense as something else ✓
- it goes against bitcoin's vision of decentralization ✓
- .... a lot more
Actually, it is my idea like that. If there is a SCAM in the market, I think it should be BCH.
... and its still happening!
by Jonald Fyookball Oct 20, 2018
[Btw, this article answers all kinds of questions in this section of the Bitcointalk forum. OP]
Wanna know whats the greatest scam in the entire world of cryptocurrency?
Take a guess Is it MtGox? OneCoin? Nope. How about Bitconnect?
No theres a scam thats much bigger than all of those put together, and its still going on to this very day.
Its one of those illusions that hides in plain sight.
The closest thing I can compare it to is when you find out the federal reserve isnt federal, its a private institution that holds a monopoly on the issuance of currency in the USA, and has never been audited.
The persistent of such institutionalized, parasitic schemes can only continue because of ignorance of the masses.
Im talking about something so insidious that its almost unbelievable
Ok, I wont hold you in suspense any longer. Here it is:
The biggest scam in crypto is that BTC is no longer Bitcoin!
You can read the whole article at https://medium.com/@jonaldfyookball/by-far-the-biggest-crypto-scam-ever-and-its-still-happening-a23ed102d039.
So, what do you think?
by Jonald Fyookball Oct 20, 2018
[Btw, this article answers all kinds of questions in this section of the Bitcointalk forum. OP]
Wanna know whats the greatest scam in the entire world of cryptocurrency?
Take a guess Is it MtGox? OneCoin? Nope. How about Bitconnect?
No theres a scam thats much bigger than all of those put together, and its still going on to this very day.
Its one of those illusions that hides in plain sight.
The closest thing I can compare it to is when you find out the federal reserve isnt federal, its a private institution that holds a monopoly on the issuance of currency in the USA, and has never been audited.
The persistent of such institutionalized, parasitic schemes can only continue because of ignorance of the masses.
Im talking about something so insidious that its almost unbelievable
Ok, I wont hold you in suspense any longer. Here it is:
The biggest scam in crypto is that BTC is no longer Bitcoin!
You can read the whole article at https://medium.com/@jonaldfyookball/by-far-the-biggest-crypto-scam-ever-and-its-still-happening-a23ed102d039.
So, what do you think?
I've red all of it now. And I may agree with some points. But, we have over 100 coins that forked from BTC and all claims is same. "We Are Real Bitcoin", "Real Bitcoin Has Just Returned", "BTC Dead, Hail New BTC" ...etc.
Let's talk then with honest. I assume you are right that BCH is real BTC. Well, what is SV then? And do you think it is the end? I am sure that both Cash and SV will happen new forks. New coins and new claims will arrived soon! %100!
To me, what was to be done was obvious. Leaving the original Bitcoin team was a big mistake. If something was to be done, they would stay together and be persuaded by other community members. This is democracy. We may don't like rules and management our countries but we don't try to create new one, splitted from mainland... We try to create a new order. We can change the government, not country. So we should try to make good things for our country... (I know it may not good example but it suits well)
I'm not talking about other garbage forks. But Bitcoin Cash, Gold and a few powerful forks have damaged Bitcoin mining and image.
I'm very sorry about something because I don't know the technical part of what you're talking about in the article. In my busy work life, I don't have the chance to do any more detailed research. But if I put aside the technical side of the work. I think we would be in a much better state today if Bitcoin and all the fork's mind and miners' power came together.
But there is one thing that never we should forget about it. It has all started with Bitcoin! Even BCH took their name from Bitcoin. They took the idea from Bitcoin. And I guess they won't live without Bitcoin (at least just for now.). Block size, transaction time, traceability, scalability, or any other issue... They are all meaningless. Bitcoin is a brand which known by all world. BCH is an another brand but we should accept that the idea was not original. Original idea made by Satoshi name as Bitcoin! If anyone wants to join and contribute, it still there and standing up...