Quote:
Originally Posted by jscott
I still find it funny that DVTimes says he hates Bitcoin and it's a scam, yet he admits to creating a wallet to receive Bitcoin before.
Creating a Bitcoin wallet and transacting with Bitcoin is a show of support.
Just sayin ;)
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I stated I got bit coins sent to me ages ago.
And?
I have never done anything with them.
But bitcoin is a scam now. Its a scam as its the same as a pyramid scheme, in the sense that for you to make money, you have to get as many suckers buy (and not sell) in order for you to make a profit (as long as you purchased low).
Its why those involved with bitcoin tell you its great and you will get rich and everyone is stupid and do not understand. You know, the same words people use in pyramid schemes.
Look. If you want to buy bitcoin or any other electric coin, feel free. Buy cheap, then sell if it rises. If your lucky you may make a profit.
But most people are greedy in such scams, and never sell. In truth those who said buy, should now be millionaires and no time to post on gfy.com. So one suspects they bought cheap and were too thick to sell when the coin rose and now are stuck hoping it will rise, or purchased high and now seen the value gone.
Look matey, you purchased into a scam. You may make money, or you may loose it. But I would not be giving out advise for people to buy, as if they do and they loose money, are you going to refund them?
As I say, its your cash. If you want to invest in a quick rich scheme, then feel free.
But one thing is clear. Bitcoin is no longer for buying and selling. Most people who get bitcoin, will keep hold, hoping to get rich.