Post
Topic
Board Altcoin Discussion
Re: By far THE biggest crypto scam EVER…
by
talkbitcoin
on 28/03/2019, 08:57:02 UTC
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

Do you know what scam means ?  Scam means people looses money after they invest onto something shady . how can bch scam people where its only a crypto  . people can buy and invest on it but they didnt loose money . crypto volatility is not a kind of scam . its normal if bch investors loose just because the price falls  .

no my friend, a scam is when people are misled by lies and deceit.
losing money is only a side-product of that which is not even necessary to make something a scam. for instance i could have made a lot of money from BitConnect but that doesn't change the fact that it was indeed a big scam.

as for the "how" i have already explained it in points #3 and 6 and partly 5