How is bitcoin not multi level marketing?

[Kprawn]

Ask yourself this question : Do you get rewarded for every person you introduce to Bitcoin and do they form part of your "downline" network of

referrals? The 10% increase in the price is not guaranteed, because the Bitcoin price is determined by supply & demand. It works like any other

commodity, but the only difference is... we know the 21 000 000 will be the supply cap. { In this way it is better than gold... because new gold

deposits are found frequently and this increase the possible supply. }   

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[ImHash]

Not really, we're milking them like the cows they are by marketing something like bitcoin people will have to see for themselves and decide, no one forcing them to buy and invest. If I tell my friend(s) to buy bitcoin is not because I'm marketing it but I want them to benefit like I do.
At least they can easily earn a few percents just by holding their coins., do you think if bitcoin was some kind of ponzi or like pyramid programs we'd told our friends and family to get in? In bitcoin I believe that risk is much lees than potential of earning profit, if you invest you could make sure that price won't crash over night because there are already a few large companies invested enough to not let that happen, but price going up is something inevitable. so why not?

[mrcash02]

There are Multi Level Marketing schemes using Bitcoin, but Bitcoin isn't one itself. It's not even necessary to invest to start earning Bitcoins, different from MLM, which you need to pay some money to join the scheme.

Better to stay away from MLMs, especially those scams using Bitcoins, if you join it you will be just wasting your precious satoshis that could price a lot in the future. If you want to receive comission over your friends earnings, join some paying BTC sites like FreeBitco.in and Crypto Casinos, send your referral link to your friends and you will receive some % over their earnings. It's not MLM anyway. 

[hatshepsut93]

We tell our friends about it and they buy it at 10% more than you paid for it just because you have the in.

Did they really need this in their lives?

Because Bitcoin is a p2p currency protocol, it was create with a purpose of allowing people to transfer value without middleman. While MLM schemes are created with a sole purpose of generating profit to people on the top. Bitcoin doesn't care if you are talking about it to your friends, it increases in price because investors all over the world see its potential, not because its users are luring newcomers to buy it.

[xuan87]

Many of my friends consider bitcoin as MLM but I don't see it that way for me bitcoin is just another currency, all of us got more advantage when more people join bitcoin, so it doesn't matter what it is called as long as everyone got advantage, but we need clarify that bitcoin is legit some people think MLM is a scam thing

[Weatherby]

We tell our friends about it and they buy it at 10% more than you paid for it just because you have the in.
Did they really need this in their lives?

I am not mad at you because by the level of doubt you have i can understand that your are just a kid,it is good to understand more things,hope you have heard about real estate,do you know how it works,do you consider that as a multi level marketing platform,if you have a product which has less volume and more users wanting those then the price will rise,it is not astrophysics and that is happening in bitcoin too.

[Chin Cheng]

Many of my friends consider bitcoin as MLM but I don't see it that way for me bitcoin is just another currency, all of us got more advantage when more people join bitcoin, so it doesn't matter what it is called as long as everyone got advantage, but we need clarify that bitcoin is legit some people think MLM is a scam thing

There is no advantage in more people joining bitcoin and it is evident with the increase in transaction fees and the delays we are encountering because the amount of transaction increased and it began the ripple effect we are facing right now,so what do we need instead of more number of users,we need huge investors.
People without knowing the basics of economics are trying to figure out things and so is the reason we hear all these terms.@ OP is stock exchange a multi level marketing ,just want to know what you think about that.

[GreenBits]

Many of my friends consider bitcoin as MLM but I don't see it that way for me bitcoin is just another currency, all of us got more advantage when more people join bitcoin, so it doesn't matter what it is called as long as everyone got advantage, but we need clarify that bitcoin is legit some people think MLM is a scam thing

I for the life of me don't understand how bitcoin could ever be construed as a mlm. It has literally none of the features of a multi level marketing scheme; no down line, no dependence on others to purchase in order to maintain value. Most importantly, no greatest fool (I'm referring specifically to pyramid schemes) as the last guys to mine bitcoin will be just as good as the first (well, not quite so lovely, but well enough).

[TastyChillySauce00]

Many of my friends consider bitcoin as MLM but I don't see it that way for me bitcoin is just another currency, all of us got more advantage when more people join bitcoin, so it doesn't matter what it is called as long as everyone got advantage, but we need clarify that bitcoin is legit some people think MLM is a scam thing

That's actually because some shitty ponzis back then entitling themselves that they're officially supported by bitcoin or even the local exchanges company. Therefore, so many people who're pretty lazy to read or I often call it denial just blindly accepting the fake fact that Bitcoin is part of MLM and denying the truth that bitcoin is mere currency but in digital form.
Pretty confused about how this kind of people could survive nowadays despite their close-minded brain which could drive human to extinction LOL.

[Yanisumin]

To know the difference between the two, you must know what multi level marketing is and know what bitcoin is. Bitcoin is more of like a stock investment because we are buying into the share of 21m mineable coins in existence and the value just keeps on appreciating due to trading. MLM is pure scam, people controlling an organization and recruiting people to buy in in hopes of greater returns. The last one who joins the pyramid ends up losing, the top of the chain would rake in all the profits. See, there is a big difference between the two.

Very well said. I think, there's a reason why he has that idea and it is maybe because there are so many pure scam online that is usings bitcoins name. When you look at the social medias there are so many pyramiding and ponzi scheme, that ask for profit and a higher return. Well, in my opinion bitcoin itself is not a multi level marketing but we can use it to have one. The bright plans that bitcoin can bring can be turned into a bad ones because of its versatility of usage.