People call bitcoin a fraud or ponzi scheme

[ethereumhunter]

let them call bitcoin is a fraud or ponzi scheme and let them know what is bitcoin by themselves. I don't think too serious about what they call bitcoin, as long as it gives a good things for me and I can get something benefits from bitcoin, I still continue to get involve in bitcoin. maybe in the end, they will regret to not join in bitcoin and they are too late to join in bitcoin because in that time, I am sure that bitcoin will fly high and touch the sky. they will learn to not underestimated something new and it is better they don't say anything about bitcoin.

[koreacryptofan]

Most of people, who call Bitcoin a fraud or ponzi, don't even know and understand what Bitcoin and blockchain (DLT) are all about.

[maxilopez]

I completely agree with the fact that bitcoin technology itself pushes that it should always grow in price but I do not consider bitcoin a ponzi scheme or something like that

[mojo2208]

these are stupid people. Perhaps in the lives of such people, there were cases of unsuccessful experience in such areas, where they were deceived. But in any case, such words, this is an indicator of stupidity

[dgreat]

I would start by saying everyone has his or her own opinion about something. You would agree with me to a saying that says if you are not informed, you are deformed. People who call bitcoin a fraud or scam have no idea or clues how it works so therefore  they are quick at calling and labelling bitcoin a fraud, ponzi and scam. You would agree with me that if you really want to know more about something you go into research a d findings about that thing but the reverse is the case. They are not ready to do so but some may have gotten some experience of fraud that is why they just concluded that it is so and maybe they just did not listen to advice and have fallen victim to scammers. Some really do not. I see no reason arguing with them as you can't argue with a blind man. You can only show a blind man the way by assisting him or her but if they refuse you leave them as it is not by force to help them grow. It is a thing of choice.

[Teebass001]

It's only lack of knowledge and education that can make someone to say that Bitcoin is Ponzi. Bitcoin is no Ponzi. I stand to be corrected

[westril688]

It is absolutely true that everything around us can be called a Pyramid or a Ponzi scheme. Pension system, banking system, currency system of Fiat money, credit and Deposit in the Bank. Generally any system where there is money, can be considered scheme fraud. The only question is legitimate is fraud or not.

Many people don't know bitcoin but hear from the media about rising bitcoin prices, then call it fraud or ponzi scheme. How wise before commenting on first know bitcoin from A to Z, its history, how to use it, its advantages and disadvantages, etc., so that it can be concluded that bitcoin is truly a digital currency.

[Layers318]

Ignorance breeds false talks and that is was crypto is experiencing now. A lot of people out there are ignorant about the real concept of Bitcoin and the entire crypto. These people are not ready to learn but rather give an attentive ear to the false claims about Bitcoin coming from the governments, banks and media.

[cherryfer]

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.

We don't blame  the people called them a fraud I think they would experienced a victim a fraud that's why they call it bitcoin is fraud but i reality bitcoin is useful and very big help for individual in terms of financial but not all the time because like what happen this time bitcoin price is too much lower but of course there is a big chances to rise again. 

[Olalomi]

This one of the wrong perceptions of some people towards bitcoin and it had been an herculean task to change this perceptions, some people believed that the instability of the price of btc is likened to a ponzi scheme or hyip and to make matters worst this  fraudulent MMM  scheme adopted bitcoin as a mode of payment thus tarnishing the image of btc further as a scam.

[binhvo1505]

I do not think Bitcoin is a scam. Instead of looking at the fees and its value, look at the potential and future of Blockchain technology. I find that Blockchain is solving a lot of important parts in large enterprises and that is an indispensable technology in the future. I think Bitcoin is potential and good in the future.

[Roboabhishek]

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.

Yes some people call bitcoin a fraud because they have been looted online by some jerks that's why they curse bitcoin . Its not true that bitcoin is fraud it's just because some peesons associated with bitcoin fraud peoples and they think all this is happening because of bitcoin .

[Arafat01775]

Bitcoin is a worldwide best crypto currency. Most of people are known about bitcoin and also they are involved with bitcoin. It is a very trusted and profitable coin in the world. If those people who call bitcoin is a fraud,i think he is totally mad or he is don't know about bitcoin.

[lamcouz]

Some time back I traded few bitcoins, each price was 9000$ but now price is 6000$. Already I lost my money, it is very bad for me. But market is going his own rules. Bitcoin going down it is not bad for all. Bitcoin price down it is good for long-term purpose.

[stigmacryptonight]

People who manufacturer bitcoin like a greatest rip-off or even scams may rue this later on simply because bitcoin is actually actual and also the technologies at the rear of it's effective. It's the cash for the future.

[Joeyvicky]

I do not really think far if people will regardbitcoin as a ponzi scheme then i can not believe it but since opinions are just like nose that might from their point or angle of view but for me after seeing and beig a victim of most ponzi schemes and how prudent bitcoin is, i clearly state without doubt that bitcoin can never and is not a ponzi schems but rather the hope of the future.

[Eranoba02]

Until I started trading with bitcoin I never knew it wasn't a scam, When you have a currency that can be used to buy products and has some of the wealthiest billionaires Bill Gates, heavily invested in it, it is as safe as any currency in my opinion.though every business has a risk,I have tried to take out all the risks with Bitcoin Ascension. The corruption of a matrix by making it manual has been taken away. I have double security on my site to prevent any sort of hacking, which can happen with anything online. I have the site monitored for this each day.so if I have been investing in it for a long time ago with a maximum profit, I will tell bitcoin wasn't  a scam, fraud or ponzi scheme

[Crungcrungtin]

the true  ponzi and fraud are the website like when you invest, you get profit...
bitcoin is not easy as you know....

[dohh]

Until I started trading with bitcoin I never knew it wasn't a scam, When you have a currency that can be used to buy products and has some of the wealthiest billionaires Bill Gates, heavily invested in it, it is as safe as any currency in my opinion.though every business has a risk,I have tried to take out all the risks with Bitcoin Ascension. The corruption of a matrix by making it manual has been taken away. I have double security on my site to prevent any sort of hacking, which can happen with anything online. I have the site monitored for this each day.so if I have been investing in it for a long time ago with a maximum profit, I will tell bitcoin wasn't  a scam, fraud or ponzi scheme

where does your "profit" come from?

Now, when You have answered that, I have another question: "what, if BTC is not meant to become a viable product?" What would it make out of you? A scammer.

[cryptocurrencyguru]

Those who don't know anything about cryptocurrencies will stay bitcoin is scam and Ponzi but in reality now people are more matured to say such words so we can't say bitcoin is Ponzi because bitcoin  is completely limited supply and high demand cryptographic value