Why Some People Dont Believe BTC is SCAM?

[YuginKadoya]

I can not blame you for doubting bitcoin just because the price is too low at the moment and there might not have any recovery for the price to pump and for us to see another bull run, But thinking this way can not change the fact that we are in a bear market, And do you have any proof for saying such accuse towards bitcoin, We are only in the midst of the Bear Market, What if the Bull Market would come can you still say that is is a scam or fraud? Because in my opinion it is a good time to buy more for the upcoming bull run to come.

[Kingofbitcoin12345]

Why Some People Dont Believe BTC is SCAM?

Why would we believe it to be a scam when we’re profiting from it.. And why would anyone in this forum believe someone who even have problem with constructing a simple sentences.. Your action justify your hate on bitcoin for an unknown reason and that shows how desperate you’re to prove a point..

It’s the first time that I would not respect someone’s opinion when all that it show is all LIE..

[fabiorem]

Because they worship the State as a almight god. So, for them, fiat money is "safe", and bitcoin is a "scam".

My guess is that half of humanity are State worshippers, but bitcoin only needs 20% adoption to reach the price of 1 million dollars.

Even when we reach 2% adoption (100k price), they will still say its a scam. They will only stop saying its a scam, if nation-states adopt it, as a alternate "national" currency.

[mrcash02]

20k$ dumped to 6K$ was difficult but happened, 6k$ to 500$ is very easy soon will be worthless,  So  Why Some People Dont Believe BTC is SCAM?

If it's so easy to have a decrease in price from $6000 to $500, why didn't it happen yet?
There is no reason to believe BTC is a scam, simply because it's not. Bitcoin doesn't promise you any guaranteed return. It's not like a scam scheme that says you will earn 10% daily profit for a month or lifetime. The risks and rules here are clear.

[bozo333]

BTC is not a scam because it was successfully run in the market and still is continue in market so no one is accept this probability.
But 2009 many of them said it is scam one at the same after 2015 everyone believe the Bitcoin potential so no one is oppose the Bitcoin.

[Theb]

I have three questions for you and if you satisfy me with some reasonable anseer then I would believe Bitcoin is a scam.

• If Bitcoin is a Scam then why are some countries (even some Developed countries recognized Bitcoin as some kind of asset?
• If Bitcoin is a scam then why some governments have found a way to regulate cryptocurrencies through livensed crypto exchanges?
• If Bitcoin is a scam then why have a lot of people not even connected to each other became rich with it ?

I'll be waiting for your answers and expect that I will have a rebut your reply. I just hope that you have a proper explanation.

[wildflower18]

BTC is not a scam because it was successfully run in the market and still is continue in market so no one is accept this probability.
But 2009 many of them said it is scam one at the same after 2015 everyone believe the Bitcoin potential so no one is oppose the Bitcoin.

This is right, we cannot called it as scam because it is still existing and working through this year. Even the market suffer from bloodbath price it can recover. We can see a good show anytime in bitcoin and those believe it was scam due to lack of knowledge about btc.

[Pancheng]

It's not about the dropping of the value of BTC that makes it a scam as we see that price affected by many factors... And a lot competition is on the market unlike valuable jewelries that has only one of its kind that support its price increase...

[samycoin]

20k$ dumped to 6K$ was difficult but happened, 6k$ to 500$ is very easy soon will be worthless,  So  Why Some People Dont Believe BTC is SCAM?

Bitcoin is not scam yes we can dumping now of the price but it doesn't mean bitcoin scam us it's depending on demand in the crypto market so bitcoin price is flow to what in demand in market if people always dumping of course it will cause of dropping of price. So I don't believe that bitcoin is scam.

[Biscutard]

20k$ dumped to 6K$ was difficult but happened, 6k$ to 500$ is very easy soon will be worthless,  So  Why Some People Dont Believe BTC is SCAM?

What is your reason why do you said that? Do you have any proof that it is? You don't know the factor of the fluctuation of bitcoin if could just say so. Most factors of why bitcoin's denying the market was of the FUD that hits in every news and the hacking incident always brings down the market of bitcoin.

[Shinpako09]

Those who say btc is scam are those hater. I suggest don't pay much attention on them. We'd better focus on earning while they are not. Also for you op, you're also a bitcoiner but why are you asking such things like you aren't bitcoiner too or maybe not.

[Wind_FURY]

OP, why always consider the price crash and think "scam". Maybe you are correct if you said the market is a "scam". But Bitcoin? No. Provable scarcity, censorship resistance, immutability and trust-minimized. There is no "scam", and sorry for your loss.

[zakariajaki]

20k$ dumped to 6K$ was difficult but happened, 6k$ to 500$ is very easy soon will be worthless,  So  Why Some People Dont Believe BTC is SCAM?

whether bitcoin is a scam, I think not, but if there is some say bitcoin scam due to falling prices I think not, some countries have legalized bitcoin or crypto as one of alternative trading or exchange tool, my opinion scam is not seen from price but from how the project can be trusted and how the system with the wider community, with the volume amount, may be useful and successful for all of us

[BlackPanda]

20k$ dumped to 6K$ was difficult but happened, 6k$ to 500$ is very easy soon will be worthless,  So  Why Some People Dont Believe BTC is SCAM?

The person who only thinks Bitcoin is a SCAM then that person has no sense of wanting to get a far better life. They are people who do not want to learn a new thing, but in the current era of technology then crypto is an answer to facilitate various financial transactions. Digitalization is a thing that must be applied soon and it is now proven that when someone can use it well they are one step closer to success.

[thefaucetrunner]

i think you are the only person that never get profit from bitcoin. even from trading or investing...why should bitcoin has to be scam if most of users here are getting rich with bitcoin? or you just the unlucky person that bought from all time high price and now you have cut your loss? think twice or thousand times before you make thread, and why did some people stil mining bitcoin if btc was scam?

[celtic99]

20k$ dumped to 6K$ was difficult but happened, 6k$ to 500$ is very easy soon will be worthless,  So  Why Some People Dont Believe BTC is SCAM?

Most people I talk to in real life still think bitcoin is a scam.  It will take a long time to change their minds.  Then you add the fact that the founder still has  about one millions coins to himself, it makes this look like a giant ponzi.

[AjithBtc]

What's been mentioned in the Op doesn't make sense. Bitcoin is a technological innovation that has made a big change upon the financial system that's been followed around the world. With the growth it attained over years, the use of bitcoin increased through different ways. If it's a scam at some point it could have exploded and have gone out of use.

[TooDumbForBitcoin]

20k$ dumped to 6K$ was difficult but happened, 6k$ to 500$ is very easy soon will be worthless,  So  Why Some People Dont Believe BTC is SCAM?

lol, who scammed you? If you bought an asset very high this doesn't mean that something wrong with an asset

[ansdb]

price dumping isn't a factor to consider something as scam 

[0xBitcoins]

20k$ dumped to 6K$ was difficult but happened, 6k$ to 500$ is very easy soon will be worthless,  So  Why Some People Dont Believe BTC is SCAM?

No I don’t believe that bitcoin is scam because I believe that you are looking only the big dip in the price but you are not looking the big jump in the price. That was totally unnatural and investors were happy because of the big profit but suddenly people saw big dump in the price. That was because of the correction of the huge pump in the price. Why you didn’t say anything about the big pump in the price last year?