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Author Topic: Some of my friends still think Bitcoin is scam and Ponzi  (Read 1503 times)
Linhkej
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February 12, 2018, 05:19:49 AM
 #21

Dear all,

I just heard some of my friends chatting in a gathering and they think Bitcoin is scam and Ponzi. I just give them a smile and wish they will educate themselves a bit.

So, I would like you to give me some suggestions, how I can give them some hints with soft words which can change their mind or at least give them some more space to think twice?
Maybe that will happen. We should not believe in bitcoin blindly. I doubt that bitcoin is a scam and ponzi. But I still do not dare to affirm my opinion and I still have to learn every day to know the information.
If really bitcoin is ponzi then I will never invest in them anymore. Because the result of bitcoin will be the same as bitcoinnect.
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February 12, 2018, 05:27:29 AM
 #22

Dear all,

I just heard some of my friends chatting in a gathering and they think Bitcoin is scam and Ponzi. I just give them a smile and wish they will educate themselves a bit.

So, I would like you to give me some suggestions, how I can give them some hints with soft words which can change their mind or at least give them some more space to think twice?

My friends are actually thinking the same about bit coin, I cant blame them, recently news are saying that bit coin and cryptocurrencies are scams and many people are investing on it and people are being scammed. Actually, its true that there are many people that are being scammed using bitcoin, but bitcoin itself is not a scam as well as other cryptocurrencies. As for me, I just let them say whatever they wanna say, but one day, they noticed that Im starting to get new things then just recently I have just invested on a business and they are now all very much interested in learning about the cryptoworld, but they still ask me if bitcoin is a scam, but the thing now is, they actually believe me now.

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February 12, 2018, 05:30:56 AM
 #23

Well we couldn't really convince everybody if they are closed minded people ,
I mean even if we could show them some proof and explain it to them if they already made up their minds and don't want to know the truth,
There is absolutely nothing that we could do for them to like bitcoin.

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February 12, 2018, 05:33:16 AM
 #24

The best way to convince anyone is to show them the result. I've experienced the same thing, in which my colleagues are telling me that it is a scam, well, I will just reply that "It's because you don't know". If only they will try to learn cryptocurrency, they will be able to say that it's all worth it. I'm not yet earning for now since I just started in this community this year, so if it happens, I'll just go back to them and show them how my money grows. For sure, they will be interested to learn immediately.

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February 12, 2018, 05:41:30 AM
 #25

You have to explain to them how fiat money works and how fiat currencies are the biggest scam that this world have ever seen. A bunch of government puppets are printing pretty pictures on a piece of cloth and then they tell you that it is worth something.

There is no difference between a $1 or a $10 note, apart from the fact that some government are promising people that it has some value. Not just that, they have full control over the value of those notes, because they control the supply.

The price of bitcoins are determined by supply & demand on a open market. There will only be 21,000,000 coins mined, so you know what the total supply will be. Educate them. ^smile^

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February 12, 2018, 05:55:08 AM
Last edit: February 12, 2018, 07:34:41 AM by ChiBitCTy
 #26

Skeptics will always be skeptics. The thing is, if you are having a hard time trying to convince them of the BTC, then show them how much it is worth, and that it can be legally sold for a high price. If something is a scam or a ponzi, then why does it have value, it is as simple as that.
You do not need to care about them. All you need to do is show them your return on investment in the crypto market. Action and results are things that appeal to people.
Do not say much and just act. Their friends are lazy and do not want to work for the crypto market. That is my opinion and hope you will refer and apply them.

This is the exact way one should not going about it.  This shows them literally nothing at all and doesn't prove a thing.   I hope that you do not take advice like this.  Be engaging, ask them why they feel the way they do in regard to bitcoin being a "ponzi"... and answer their concerns.  As another poster mentioned educate yourself first and foremost so that you'll be able to speak with them intelligently.

REMEMBER PEOPLE- If you're here as a believer than you need to spread the word and educate others.  Look at what Andreas antonopoulos has done in the name of bitcoin all along he wasn't profiting from it!  This is a global revolution and arming yourself with knowledge to hit back at the pundits is whats of utter importance right now.



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February 12, 2018, 06:04:26 AM
 #27

Here's a great quote you could pass along to your friends  "At the end of the day, bitcoin is programmable money. When you have programmable money, the possibilities are truly endless. We can take many of the basic concepts of the current system that depend on legal contracts, and we can convert these into algorithmic contracts, into mathematical transactions that can be enforced on the bitcoin network. As I’ve said, there is no third party, there is no counterparty. If I choose to send value from one part of the network to another, it is peer-to-peer with no one in between. If I invent a new form of money, I can deploy it to the entire world and invite others to come and join me. Bitcoin is not just money for the internet. Yes, it’s perfect money for the internet. It’s instant, it’s safe, it’s free. Yes, it is money for the internet, but it’s so much more. Bitcoin is the internet of money. Currency is only the first application. If you grasp that, you can look beyond the price, you can look beyond the volatility, you can look beyond the fad. At its core, bitcoin is a revolutionary technology that will change the world forever. Join”  Andreas A.

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February 12, 2018, 06:10:31 AM
 #28

Thank you very much for all your input. They are really valuable.
I am not trying to convince them, it is not my duty and intention. I just want to point them to a right direction and discover by themselves.

Most of you maybe correct, they are mostly close minded and are not ready for new stuff which is changing the world.

When we are at the very front edge, many people will laugh at us. But it is ok. Because we are the one to laugh at last.

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February 12, 2018, 06:13:11 AM
 #29

I stopped convincing friends and relatives to invest in cryptocurrency in December of last year. No point in wasting time and effort on them skeptics. I just let the business headlines do the convincing for me. Now, some of them are asking me for advise. Not now, too busy on fulfilling my travel goals because of bitcoins.

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February 12, 2018, 06:13:35 AM
 #30

Dear all,

I just heard some of my friends chatting in a gathering and they think Bitcoin is scam and Ponzi. I just give them a smile and wish they will educate themselves a bit.

So, I would like you to give me some suggestions, how I can give them some hints with soft words which can change their mind or at least give them some more space to think twice?

I noticed that only those people who don’t know about crypto or tech at all, they are all claiming that this is a ponzi scheme or a new bubble of this century. Hope we will be laughing on them in the next 3-5 years.
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February 12, 2018, 06:16:50 AM
 #31

Dear all,
I just heard some of my friends chatting in a gathering and they think Bitcoin is scam and Ponzi. I just give them a smile and wish they will educate themselves a bit.
So, I would like you to give me some suggestions, how I can give them some hints with soft words which can change their mind or at least give them some more space to think twice?
Well there are people that don't have enough knowledge about Bitcoin and how it really works, they think Bitcoin is scam or ponzi scheme because there are lots of scamming happening but it is not really Bitcoin that scam people, that is those investment program that takes advantage of decentralized nature of Bitcoin and being hard to trace. Honestly you cannot change some peoples mind on how they think about Bitcoin because what they only see is the bad side or disadvantage of using it but if they are open about learning more about cryptocurrency then you can, maybe they are just scared and just want someone to enlighten them.
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February 12, 2018, 06:21:36 AM
 #32

Dear all,

I just heard some of my friends chatting in a gathering and they think Bitcoin is scam and Ponzi. I just give them a smile and wish they will educate themselves a bit.

So, I would like you to give me some suggestions, how I can give them some hints with soft words which can change their mind or at least give them some more space to think twice?
Ohhh no,still people thinking bitcoin is a scam coin.But this is just normal we can't expect all the people in the world to accept all the things everything has their haters so bitcoin also has.
If you want to teach them about the bitcoin success just show the price chart of bitcoin then they will get interested by its growth percentage.









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February 12, 2018, 06:25:20 AM
 #33

whatever they think about bitcoin will not dampen my spirits in krypto because they will just waste time so I will never think about them because they always think negatively about what I do Cheesy
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February 12, 2018, 06:26:52 AM
 #34

Dear all,
I just heard some of my friends chatting in a gathering and they think Bitcoin is scam and Ponzi. I just give them a smile and wish they will educate themselves a bit.
So, I would like you to give me some suggestions, how I can give them some hints with soft words which can change their mind or at least give them some more space to think twice?

Yes and I feel it also that I did share about this Bitcoin and Cryptocurrency stuff but they never believed as we are. They just knew that Bitcoin exist and people earn money on it but on the other hand they thought that this things were just part of scams and global ponzi schemes.
We can't force them to believe because for me - we don't lose any of our Crypto Assets when they don't want to believe.
For me that the important is they know that Bitcoin exist and let them realize that this Cryptocurrency is our future, they accept it or not - they must adapt Cryptocurrency as the future of our monetary system.
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February 12, 2018, 06:31:23 AM
 #35

That's a very tough situation to be honest and that's why I don't really talk about it someone else and if they found out, I just tell them I'm experimenting to avoid heated arguments. On your situation, I suggest that find friends that understands bitcoin.
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February 12, 2018, 06:31:34 AM
 #36

whatever they think about bitcoin will not dampen my spirits in krypto because they will just waste time so I will never think about them because they always think negatively about what I do Cheesy

Indeed, I shared Bitcoin to my friends but we don't have to force them because soon enough whether they accept or not - they must adapt the future of our monetary system that which Cryptocurrency is the new way of making and earning money and to be used as payments for items, products and other services locally or international.
They already knew that Bitcoin exist but they're not willing to adapt because they heard more news and read some articles that pointing Bitcoin is a fraud and like a global ponzi scams that  which partly correct because scammers are indeed using Cryptocurrency to take advantage from people who aren't educated well about cryptocurrency and other related things around Blockchain.
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February 12, 2018, 06:33:08 AM
 #37

it is true so far so many friends who still think this is just a joke but I never break the spirit because I already have high confidence about what I do here is a very noble thing because with satisfactory results I can make happy family and the rest all back to them how to see what I do most important is I do not harm others Smiley Smiley
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February 12, 2018, 06:35:01 AM
 #38

Its up to them if they don't believe in you and in our bitcoin. Atleast from the start we believe in bitcoin and maybe after a year/s you have better life than to them. And they will be too late to invest in bitcoin.
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February 12, 2018, 06:46:34 AM
 #39

For some who are just new to this for sure after they seen what happen previously without tracing any information they will think that bitcoin is a scam, but for us who already knew it much earlier we are believing that its just a normal situations from our investment, if you want to give them some idea
just point them to the direction where they can simply see the potentials, personal experience will be more convincing than giving them any tips, showing what you already got and how you are enjoying it will give them interest.
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February 12, 2018, 06:52:41 AM
 #40

Again buddy we cant force our opinion on anyone according to your friends bitcoin is a ponzi because they either dont know that the price depends on demand and supply according to the market another reason might be they dont understand how bitcoin works finally they are losing the profit opportunities nothing is happening to us as market still continues even if your friends dont invest
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