Bitcoin

And what can I say? Bitcoin is a digital currency, or cryptocurrency as they say. It is extracted by complex mathematical calculations on the power of computers, in particular, calculations of the video processor or mining. It is expensive, but it constantly fluctuates in its course. It is better to invest in its growth than mine.

Bitcoin is dangerous at best.
Yes, there are massive profits to be made by a very few, but those profits are generally paid by the losses the vast majority of people suffer by trying to trade in what is essentially a scam.
Bitcoin has no value as such, is backed up by nothing, is mostly unregulated, is illegal in many countries, and trading in them is a fools game for most.
Then add the lost wallets, the scams, the dodgy advertising, the fake news about lost computers, the dead men and locked computers with a fortune in coins but no password and no data backup, and all the rest.

You have listed everything too, which can be with ordinary money, shares and other securities. Wherever there are super-profits, there will be scammers who will profit from this. Yes, Bitcoin is not noticeable, but it does not mean that it is unreal. It brings quite tangible dividends, which means it is real enough. Moreover, there are whole communities of investors, investors, analysts, user ratings, cryptocurrency trades, pairs of trading indicators, they are traded on real exchanges like https://www.crypto-rating.com/ , which make it real. It is dangerous and unreal only for some - the owners and holders of capital, who through him control all the processes in the world. And since Bitcoin is anonymous, it is impossible to control capital. As dangerous for the 7-9 largest banking systems in the world, but not for ordinary users.

The day bitcoin will be real to me is the day I can bring one on a USB key to my local shop to buy a few beers... until then, bitcoin is just a virtual, abstract resource that only a few are trading in their private casino.

WillyBaldy :

The day bitcoin will be real to me is the day I can bring one on a USB key to my local shop to buy a few beers... until then, bitcoin is just a virtual, abstract resource that only a few are trading in their private casino.

Plenty of cashless options around, all of which are backed up by banks with solid cash reserves and somewhere to go if things go pear shaped.

Bitcoin is, was always was, a sham, a scam, a mess, a perfect way for thieves, drug dealers, and other nasty low life scum to hide transactions. The main bitcoin scam artists are at everything, mostly creating wallets that get locked, lost, or the owner seems to die without any way to open his laptop that contains a load of people's money.
Are these scammers really trying to tell us there are millions of dollars held on one laptop with nothing to back up the information?
Of course not, it's a stupid lie to excuse a large theft from people idiotic enough to trust scammers with their money.
Basically, you'd have to be a moron to get involved with this rubbish.

All you have to do is look at the wild fluctuations to realise it's a scam, the many reports of massive ripoffs and scams by bitcoin agencies doing nothing but confirm the stupidity of the very thought of investing in the scam.

https://i.kinja-img.com/gawker-media/image/upload/s--REqCM4Wa--/c_fill,fl_progressive,g_center,h_900,q_80,w_1600/juvi9vpm9nmyr7l80coh.png

Vellie :

And what can I say? Bitcoin is a digital currency, or cryptocurrency as they say. It is extracted by complex mathematical calculations on the power of computers, in particular, calculations of the video processor or mining. It is expensive, but it constantly fluctuates in its course. It is better to invest in its growth than mine.

So, what's your point?
Bitcoin has dropoed from a high of 20,000 usd down to a low of  4000 usd.

Pleasure to awnser your question. In the legal aspect, the Vietnamese government has no acceptance for the bitcoin or any other cryptocurrencies as the payment currency in the Vietnam terrority. So far, any as of using this kind of currency to make the payment; providing this kind of currency or establing this kind of currency will be considered as an act of valid and will be governed by the government , hope this helps your curiousness.***

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Thousands duped by cryptocurrency scams in Vietnam in 2018:

https://e.vnexpress.net/news/business/c … 59459.html

CJ8 :

Thousands duped by cryptocurrency scams in Vietnam in 2018:

https://e.vnexpress.net/news/business/c … 59459.html

According to investors, Modern Tech guaranteed a profit of 48 percent a month, with a maximum payback period of 4 months

and they moaned?
It's a bit obvious

If someone actually believes he can make 48% profit a month (from any investment) without a very high probability of a total loss, then he is infinitely stupid and naive and deserves no regrets.

Because then it's either fraud or a Ponzi scheme. In the former, only one will get rich and in the latter, only very few of the first investors.

It's called natural selection and I'm all for it. Like this guy who bought his Filipina girlfriend a house then she locked him out, brought her family and called the cops on him when he'd 'trespass'. Natural selection  :lol:

A fool and his money are easily parted.

WillyBaldy :

It's called natural selection and I'm all for it. Like this guy who bought his Filipina girlfriend a house then she locked him out, brought her family and called the cops on him when he'd 'trespass'. Natural selection  :lol:

I read such stories in Thai forums a few years ago, when I wanted to marry my girlfriend and build a house. But that was my wish and came in no way from my girlfriend.

I do believe that such fates do exist. But I think it's not the norm. I certainly didn't know anybody who has had this kind of fate.
These are stories that people know from hearsaying and then they are passed it on.

AkaMaverick :
WillyBaldy :

It's called natural selection and I'm all for it. Like this guy who bought his Filipina girlfriend a house then she locked him out, brought her family and called the cops on him when he'd 'trespass'. Natural selection  :lol:

I read such stories in Thai forums a few years ago, when I wanted to marry my girlfriend and build a house. But that was my wish and came in no way from my girlfriend.

I do believe that such fates do exist. But I think it's not the norm. I certainly didn't know anybody who has had this kind of fate.
These are stories that people know from hearsaying and then they are passed it on.

I know first hand of a guy in Saigon who did the same thing with a restaurant. His gf told him it was hers after he purchased it and she told him to get lost.

It definitely happened a few times last year for real.

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