People call bitcoin a fraud or ponzi scheme

[devinks]

People call Bitcoin fraud or ponzi scheme because they lack understanding in the actual concept of Bitcoin and the Blockchain technology. Most of these people are affected and carried away by the false news coming from the governments. It is the duty of every crypto user to keep spreading the good news (concept and significance) about Bitcoin and the entire crypto space to the people.

people like that because they have never tried it so they consider it a fraud. just try them try and know what the results are like, surely the person will be silent and think that bitcoin is very useful and safe if we use it wisely and carefully.

[thuat86]

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. Such people have little knowledge about how the Blockchain technology works, they need to be enlightened

Yes, I agree with you. People fight against bitcoin because they are not aware of its breaking technology, and because of fucking media.

[pedangrusak]

they do not understand about crypto and only listen to bad information so that they take wrong conclusions, but this is natural because a lot of similar information is circulating in the community.
our job is to straighten that information to be a good learning about crypto and show the clear benefits of crypto and bitcoin.
this is a difficult task but must be done for the progress of crypto

[nellakarisma]

according to them. but I personally prefer to call bitcon a digital currency. as well as an investment place to seek profits. With bitcoin, I can make all my dreams come true, bro ..

[idontcare]

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 admit to having met many people saying that bitcoin is a scam, that is a fact but the simple reason that I conclude for that person is that "you do not know what bitcoin is". Most of the components have said that bitcoin is a scam and is ignorant.

[hastag_80]

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.

Actualy there are some people or  investor called a bitcoin a scam or ponzi and we called not argue about it,because of some experience of some bitcoiners in scamming using the name of bitcoin,and im the one experience about this kind of scamming alert,while in the other hand when we buy bitcoin we pay only to the miners the processing of our transaction in the block chain,in order to make the transaction relief or complete.

[market-beta]

please rate them as you like. but I also have my own opinion. if bitcoin is a place of investment and employment for everyone. even providing opportunities for the poor to become millionaires in the near future

[Sevarchik]

Bitcoin is the brand new technology and most of peoples who say that dont know how btc work.
bitcoin dont have nothing common with ponzi scheme.
btc look like how new eth smart ponzi, it fails when admin cash out, but we dont see for long time Satoshi

[Rooster101]

Lack of knowledge or understanding on cryptocurrencies is the real reason why some people call bitcoin a ponzi scheme. Some of my friends also think that bitcoin is scam because they heard that many people are victimized by some individual that uses bitcoin as their mode of payment. Most of the people are still not aware that there another of currency that can be use for transaction in the internet and it may take more years before majority of the people may get used to this new kind of technology called cryptocurrency.

[budi691]

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.

Yes, I think bitcoin is more than an asset, hopefully in the future everyone will be surprised by what Bitcoin does. and make the hatters suddenly silent like a statue.

[Nnedaddy1]

I have come across people who say that bitcon is scam or ponzi scheme .
Technically, those set of people do not usually know zilch about bitcoin .
They lack basic understanding of how bitcoin work.
So no one should listen to them.

[CryptoSmile]

Those who call bitcoin a fraud or ponzi scheme, are people who don't like bitcoin or those who have experienced bad stories about bitcoin, so they try to destroy bitcoin. But whatever they do, will not change the fact that bitcoin is trusted by many people and is a long-term investment choice, because it promises considerable profits.

[readygoaw]

they do not understand about crypto and only listen to bad information so that they take wrong conclusions, but this is natural because a lot of similar information is circulating in the community.
our job is to straighten that information to be a good learning about crypto and show the clear benefits of crypto and bitcoin.
this is a difficult task but must be done for the progress of crypto

Simply do not pay attention to these people. They do not understand anything. These fellows will always exist, and you will not change anything here. Bitcoin haters can tell you anything but listen to yourself only.

[h3llo]

Stupid people always say stupid things. Because they do not understand the essence of things. Maybe that's why it's so interesting to live))

[bitfocus]

Yes, sorry to say that the percentage of such people is huge, but there are a few catches. Some of them invested in BTC or any other crypto to get rich quick - they had no heart to take the risks or they never thought there will be any losses. Also, a lot of Ponzy Scammers are out there telling that BTC or ICOs are a huge opportunity to get rich with slim chances of loss and everybody believes that they will be the winners as they has very little knowledge of investment.

well, time will help BTC to slim down these issues and prove that BTC was never a ponzy.

[yowelfree]

Yes people call bitcoin lots of names, but I think it is when one is ignorant of something.

[Wilanda]

I don't think that the concept of bitcoin has any similarities with Ponzi scheme. I think people who call bitcoin a fraud or a ponzi scheme have a very minimum knowledge of blockchain and cryptocurrency.

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[NH]

for those people that dont know about bitcoin is ponzi. but for people that know how bitcoin works is cryptocurrent, or opportunity.
up to people call it ponzi or what, but many people success cause of bitcoin.
in some village, bitcoin is like illegal for their religion. but in a fact, there is some legal, and the other is illegal. but they kick all things to illegal. so if you work on bitcoin, your soul is full of sins

[stigmacryptonight]

since they're knowing this towards the degree these people understand or even realize, that is their own viewpoint, in the future, these people will start to understand much better.

[syntac]

in my opinion, at any time bitcoin will not die, because so far the development of bitcoin has progressed very rapidly, and reduced the number of poverty in the country.