Only some people who don't even have the basic knowledge of what bitcoin is,how bitcoin works would only say bitcoin as a ponzi scheme.Its sad to see that even a member of parliament in india termed bitcoin as a ponzi scheme and requested to ban bitcoin in india.But luckily,the government didn't pay attention to that.Some like putin,russian president term bitcoin even as a pyramid scheme.Whatever terms they use for bitcoin,motto is just to criticize bitcoin and even some like big whales try to just spread FUD.Even nowadays,banking officials have started to term bitcoin as a fraud just like jamie dimon.Whatever people say about bitcoin,just turn a deaf year to them and just invest in bitcoin.
That is what i am hearing for the first time. In fact some people have missed the opportunities to trade bitcoin in a low price, they were not so much sure about bitcoin that it will gain such a good value but now when the see the bitcoin price they are regretting and trying to lower down the price of bitcoin so as that they can get a chance to trade it in a low price, but i think now the investors are wise enough, they know the importance of bitcoin and therefore they are not going to sell bitcoin in panic like condition. In fact now we can see that the price of bitcoin get strong supports whenever there is some panic selling in the market.