People call bitcoin a fraud or ponzi scheme

[paparexon0414]

Maybe people who called bitcoin a fraud is a victim of such. But i guess, bitcoin is used to scam people that is why bitcoin is not liable for this fraud. There are scammers will do anything to have an easy money and as to bitcoin new forms of investments with big potential, this evil genius thought of people is taking advantage of this. Its for the people if they will be trapped in this scheme. Its either you can avoid it or just be eaten alive by those scammers.

[Goodwin54]

Not every people but some people among them some are the haters of bitcoin and some are that kind of people who use bitcoin but don't want others to use so, distracted them.

[naruto7676]

When someone says that bitcoin is a scam you do not want to notice that issues are not true because they do not know about the whole bitcoin.

[Flashback54]

Those who called bitcoin I just want to say them to show five reasons that can prove bitcoin as a fraud or ponzi scheme but I can show ten reason that can prove bitcoin is not.

[G2z_Riya]

People call it a ponzi or a fraud without using it. If these people use it once, there after these people will not indicate bitcoin as a ponzi scheme. What it provides for the users as well the investors is big compared to many other investment schemes that are available in the market.

[cryptogayan98]

I do not accept it. Because bitcoin is a whole world recognized. It is already in the world. Today the bitcoin dropped, but it was around $ 20000 from last year. At that time everyone who invested in it got a huge profit due to bitcoin. It has already established success. Do not be fooled by people's frauds. bitcoin is a coin that can earn a trusted and profitable venture. Invest in here today.

[@ophiuchuss13]

it's easier to call it ponzi scheme and fraud, to panic the masses, and to earn money on those who will sell bitcoin.you need to love this technology for a  making good money with bitcoin trading and investmenty.It will thrive when blockchain technology is applied whole world.

[arc67583]

Anyone can call it ponzi scheme and fraud but if you think of it, everything worldly is fraud. You buy apple products with thousands of dollars but how much are they really worth? Why would people give out thousands of dollars for a macbook when they can buy a laptop for $300? Is it really worth that much or is it just another ponzi scheme that apple is bringing to the world better gadgets than any other brands? So we're talking about bitcoin now. What are we really paying for when we buy bitcoin? We pay for an online program and the people running the program helping transactions go through, or we call mining. Miners put in so much time and most especially the cost of mining is so much. That is merely the reason why bitcoin will cost much and if incase it will dive too low and will not be enough to pay for miners, then that could be the time bitcoin will die, or not.

Of course if Bitcon prices will drop too low and not be enough to pay Miners then there will be a huge problem for the future of Bitcoin but some people saying Bitcoin is a fraud is something can be ignorable because the once who say that have no idea about Bitcoins true worth or potential qualities and if the entire world population wants to see that it might take more time because the journey of Bitcoin just started and many individuals and organizations starting to benefit from it

[Teriyanone]

Anyone can call it ponzi scheme and fraud but if you think of it, everything worldly is fraud. You buy apple products with thousands of dollars but how much are they really worth? Why would people give out thousands of dollars for a macbook when they can buy a laptop for $300? Is it really worth that much or is it just another ponzi scheme that apple is bringing to the world better gadgets than any other brands? So we're talking about bitcoin now. What are we really paying for when we buy bitcoin? We pay for an online program and the people running the program helping transactions go through, or we call mining. Miners put in so much time and most especially the cost of mining is so much. That is merely the reason why bitcoin will cost much and if incase it will dive too low and will not be enough to pay for miners, then that could be the time bitcoin will die, or not.

I have heard many media news says that even reputed business people and the main point they show that Bitcoin has no value and no use in the real world but the sad story is true and it is not its fault because the world needs some time to include get use with Bitcoin with there businesses but at the moment Bitcoin is an investment for the world and the crypto community and If this situation continues and most people keep using Bitcoin as just an investment end of Bitcoin will come soon because when it comes to reality there is nothing considerable can be done using Bitcoin so how can a currency can exist when there is nothing can be done using it. But we see few businesses that providing payment options in Bitcoin so only the time will decides what will be the path that Bitcoin will select and no matter what that is there will be a significant effect in the crypto currency market and the community

[stayeduptolate]

Anyone can call it ponzi scheme and fraud but if you think of it, everything worldly is fraud. You buy apple products with thousands of dollars but how much are they really worth? Why would people give out thousands of dollars for a macbook when they can buy a laptop for $300? Is it really worth that much or is it just another ponzi scheme that apple is bringing to the world better gadgets than any other brands? So we're talking about bitcoin now. What are we really paying for when we buy bitcoin? We pay for an online program and the people running the program helping transactions go through, or we call mining. Miners put in so much time and most especially the cost of mining is so much. That is merely the reason why bitcoin will cost much and if incase it will dive too low and will not be enough to pay for miners, then that could be the time bitcoin will die, or not.

Bitcoin was introduced in year 2009 and since then bitcoin has made tremendous progress and made its existence since more than a decade, though the journey was not that easy as it seem to be as it has also gone through many ups and downs and this is simply justified by this simple thing that when bitcoin was introduced, no one was ready to believe it a decade before and those who believed on it are the bitcoin billionaires and I think this simple example is sufficient to tell the potential of bitcoin so morons are the people who call bitcoin a fraud or a Ponzi scheme.

[EEEian]

Anyone can call it ponzi scheme and fraud but if you think of it, everything worldly is fraud. You buy apple products with thousands of dollars but how much are they really worth? Why would people give out thousands of dollars for a macbook when they can buy a laptop for $300? Is it really worth that much or is it just another ponzi scheme that apple is bringing to the world better gadgets than any other brands? So we're talking about bitcoin now. What are we really paying for when we buy bitcoin? We pay for an online program and the people running the program helping transactions go through, or we call mining. Miners put in so much time and most especially the cost of mining is so much. That is merely the reason why bitcoin will cost much and if incase it will dive too low and will not be enough to pay for miners, then that could be the time bitcoin will die, or not.

It's really sad because the vast majority of the people involved are completely sincere and still think the product they're pushing (BTC) has value, they're not consciously scammers. But in practice it's become a Ponzi, and it's going to be a desperate scramble to see who's able to get out the door. If you think they're angry now imagine how much they'll be yelling at us when their shit coin is crashing and there's a crush at their tiny tiny exits.

[rinkeshkashyap01]

People called bitcoin as a fraud or ponzi because they don't understand about bitcoin, they only make their own conclusions without learning the true of bitcoin. The fact is that everyone is entitled to their own opinion, that they call Bitcoin a ponzi scheme doesn't change any thing about the originality of Bitcoin. people have little knowledge about how the Blockchain technology works, they need to be enlightened.

[NelfiNovita]

we buy bitcoin for a profit, but the profit model is not a fraud or ponzi scheme. and bitcoin does not have such a concept.

anyone who says that bitcoin is a fraud and ponzi scheme, then he is a victim of a conspiracy in the world of crypto. FUD will not stop to make bitcoin fall and die.

so please fix again your assumption about bitcoin.

yes I really agree with you that bitcoin is not a fraud and ponzi scheme. people who say bitcoin is a fraud and ponzi scheme are people who have experienced failure in the crypto world so he hates bitcoin and wants to kill bitcoin.
bitcoin is not a fraud and ponzi scheme, bitcoin is a crypto currency that is very valuable and has a mission in the future that is to become a global currency.

[BeGoods]

I do not accept it. Because bitcoin is a whole world recognized. It is already in the world. Today the bitcoin dropped, but it was around $ 20000 from last year. At that time everyone who invested in it got a huge profit due to bitcoin. It has already established success. Do not be fooled by people's frauds. bitcoin is a coin that can earn a trusted and profitable venture. Invest in here today.

Of course all bitcoin users don't accept the statement, because the reality is different from reality, but it's just a speculation of someone who doesn't know anything about bitcoin. they see that bitcoin is an adverse investment. there are many scams in the crypto world so they generalize on bitcoin as well. they just don't know the benefits of bitcoin investment

[BeGoods]

I do not accept it. Because bitcoin is a whole world recognized. It is already in the world. Today the bitcoin dropped, but it was around $ 20000 from last year. At that time everyone who invested in it got a huge profit due to bitcoin. It has already established success. Do not be fooled by people's frauds. bitcoin is a coin that can earn a trusted and profitable venture. Invest in here today.

Of course all bitcoin users don't accept the statement, because the reality is different from reality, but it's just a speculation of someone who doesn't know anything about bitcoin. they see that bitcoin is an adverse investment. there are many scams in the crypto world so they generalize on bitcoin as well. they just don't know the benefits of bitcoin investment

[pooja1982]

Life depends on thinking and the result of our good as well as bad experience which we are faced in our life during the dealing someone. People call bitcoin ponzi scheme because many of cheat fund company run the fake website which is related to investment in bitcoin. And also people who have lack of knowledge and experience about cryptocurrency they called bitcoin fraud or ponzi scheme in their misunderstanding manners.

[knggtrrz]

Life depends on thinking and the result of our good as well as bad experience which we are faced in our life during the dealing someone. People call bitcoin ponzi scheme because many of cheat fund company run the fake website which is related to investment in bitcoin. And also people who have lack of knowledge and experience about cryptocurrency they called bitcoin fraud or ponzi scheme in their misunderstanding manners.

Yeah, because other people already experience being scammed using bitcoin but bitcoin is just a currency used by scammers, people must learn the difference from this.

[kamoto]

Well ... so it is. However, this scheme will exist if people believe in it. After all, if you think then the dollar is just a paper that, without regular use by people, would simply not be necessary and relevant. Consequently, it is not a fact that bitcoin will sooner or later cease to exist.

[matthewoz101]

Anyone can call it ponzi scheme and fraud but if you think of it, everything worldly is fraud. You buy apple products with thousands of dollars but how much are they really worth? Why would people give out thousands of dollars for a macbook when they can buy a laptop for $300? Is it really worth that much or is it just another ponzi scheme that apple is bringing to the world better gadgets than any other brands? So we're talking about bitcoin now. What are we really paying for when we buy bitcoin? We pay for an online program and the people running the program helping transactions go through, or we call mining. Miners put in so much time and most especially the cost of mining is so much. That is merely the reason why bitcoin will cost much and if incase it will dive too low and will not be enough to pay for miners, then that could be the time bitcoin will die, or not.

Bitcoin does not qualify as a "Ponzi Scheme". However, it may qualify as a "Scheme". Did you see the craziness that happened yesterday? With the manipulation?

[Dudeperfect]

Well, fraud or scam has a basic intention of scamming the people and stealing their money but when it comes to the Bitcoins are cryptocurrencies, it is something that is still in the basic phase of development and no one is sure what is going to happen down the road. Classifying it as a scam doesn't make any sense because those who argue don't have satisfactory evidence to support their argument. I am not saying that Bitcoin will succeed for sure but it is highly likely to transform the way we live today. Exponential growth over the period of time is the positive indicator of what might happen in the future.