Why Some People Dont Believe BTC is SCAM?

[DonFacundo]

Because they believe the future of bitcoin, bitcoin is not a scam it's a virtual currency and it just the price down, bitcoin still alive and very useful so those who think that bitcoin is a scam are no knowledge about bitcoin.

[audaciousbeing]

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?

But you also forget to talk about how it went from about next to nothing till it reached the $20K mark. You also didn't put into consideration the various factors responsible for the increment at the time and several hurdles that had to be crossed to reached that level. In addition to that, you have not make reference to the several developments happening in the field of blockchain which undoubtedly cannot be said to the scam and if that cannot be scam, I don't see any basis why bitcoin should be.

Its true that the fall is something to be weary of because of the magnitude of what has happened but at the same time, people who are conversant enough knows the dynamics of the market and are always prepared for the trying times like the one being faced currently. I wonder what you will talk about when things starts looking green again.

[Sony.UK]

Some peoples are beginners in crypto platform so they do not know about the Bitcoin so they are all spread the rumours in Bitcoin and some social medias are blindly announce the wrong news so many investors also afraid in this situation. It will change soon again all are understand the Bitcoin potential.

[tonyosa]

BITCOIN IS NOT A SCAM, price dipped from 20,000 USD to 6000 USD does not define it as being a scam,it only means it is volatile,.Crude oil for sold for 25$ at some point,then went as high as 200$, does that mean it is a scam?

[Lucius]

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?

Maybe for you BTC is a scam, and I know why you think like that - you probably invested some money when the price was high and now you can not wait to see that price again. This is problem with people who do not understand anything about BTC or cryptocurrency in general, but it is very easy for them to call something scam just because it lost value temporarily.

That pump was big, and correction which has followed after that was expected, but just look in past and check price over the years. Today price is actually something that most of users did not even dream at start of 2017, so we are more then good at this moment.

I do not know how you predict 500$ per BTC and why this should happen, are you in contact with Mr.Buffett maybe?

[maarx]

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?

Appreciate you on analyzing the growth trend of Bitcoin. What really made you to feel its a scam when everyone is benefiting out of bitcoin and have enhanced their wealth and life style with just BITCOIN. Dude i would say, you need to get more deeper into it. Study more on each altcoin's growth especially bitcoin's growth. What really made you to get into this community unless and until you truly believe that bitcoin would yield you something? Just do not spoil the community members especially the new beginners with negative thoughts and impressions.

[LogitechMouse]

A newbie posting again about BTC being a scam. You're saying that BTC is a scam just because of the price movement of it??? Try to see the trend and you will see idiot.

The DotCom Bubble occurred roughly from 1997 to 2001. So you are saying that is a scam too then??

[Yinkadaada]

Whoever said BTC is a scam doesn't understand how this amazing Blockchain technology works,  this is just like you investing in Gold and other physical assets, whenever the price/value reduces  will you say its scam? No! So think about it well before you claim its scam..

[ShineftChaos]

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?

There are several people who experience a bad luck in cryptocurrency, maybe ico's scam their money or they failed on trading and they give up which leads for them to spread fake news like it was a scam.

[arinalwa]

I really can not believe that bitcoin is a scam, if we look at bitcoin price before 20k we surely know that bitcoin price is very cheap compare to current price.

Bitcoin is basically backed by blockchain technology and this technology will take over the whole world in the future. It is not possible that they promote a scam crypto. The world is turning towards digital currency and bitcoin is the leading crypto in the world. People from all over the world will use only bitcoin as their legal and regular currency in the future.

[Rrtt]

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?

People dont believe btc is a scam because they knew and understand what btc is ,and for me its not really a scam the dumping of price its just part of a cycle, if you are knowledgeable enough in crypto you know whats happening in the market and you will not always complain why the price is low ,people who still believe in bitcoin meaning they found it out how btc important in their lives financially.

[LuciferEveningStar]

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?

Not every people are lucky with cryptocurrency, some of them are not wealthy enough to invest or other are being scammed by an ico so people have different mind set towards cryptocurrency.

[Maldini07]

A Falling btc prices on the market does not mean btc is a scam, just like any other cryptocurrency there will always be a drastic increase and decrease, so it's important to know that digital asset trading is a high risk activity, do research before investing in crypto, don't let only because we suffered losses we judge to an coin is a scam, because we never know what will happen future whether a significant increase or a drastic decline, no one can predict with certainty

[ajochems]

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?

I don't believe BTC is Scam.Just keep in mind,this price fluctuation in the price of bitcoin is due to decentralized concept.And don't come into conclusion,the price fluctuation is due to lack of support of bitcoin in the market.Sometimes the price fluctuation is due to the FUD in the market.

[Maximo1]

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?

Why do you say so? If you think that bitcoin is a scam then why are you here. You are just spreading FUD and it does not do good.

[gabmen]

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?

Why do you say so? If you think that bitcoin is a scam then why are you here. You are just spreading FUD and it does not do good.

Lol. Let him be. Probably lost a lot of money when he bought in close to 20k though anything is possible, people who have been in crypto for years understand what's going on and as long as people and whales are in btc, which most likely will be the case for a long time, it will stay.

[hisuka]

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?

Not every people are lucky with cryptocurrency, some of them are not wealthy enough to invest or other are being scammed by an ico so people have different mind set towards cryptocurrency.

Well this is right, we have different point of views about bitcoin that others they easily believe that btc is a scam. It so happen it did not meet on our expectation about the price but does not mean it is a scam. A lot of things can happen actually and we have more months to go price of btc can have rapid growth this year ends.

[coconutter]

Because it is not a SCAM and it will never be, the best thing that you can do is just to stay away from bitcoin if you do not know how it works and the way that this technology works, better to stay away from it, and from this community, you don't undersstand how it works

[developer101dev]

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?

Because they already knew that cryptocurrency is very profitable since there are a lot of people already who are wealthy today because they invest before when the market price is still cheap.

[BitcoinMarketer39]

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?

Those people knew the truth about how bitcoins is very profitable and maybe they are earning a huge amount of profit through trading in the market which they can actually use to sustain their daily needs.