Thinking Bitcoin is Scam

[GeorgeJohn]

I think people are considering bitcoin as a point of  scam due to wrong interpretation or information given to the particular individual, even before I joined forum I really know that bitcoin is not scam and it can never be because since 2009 btc came in existence and know one can testify that it's a scam, people are just castigating bitcoin because of its improvement in societies so therefore I suggest that those have to be given bitcoin to hold in their wallet for period of time. I think when they have btc transactions with people and those people scam them, they generalized it to bitcoin, not knowing that bitcoin is transparent in terms of management and transactions in appropriate platform.

[illnino]

ignorant people who think bitcoin is a scam, bitcoin has clearly been proven legitimate and exchangeable for fiat and it's real.
people who don't know bitcoin that person will say bitcoin is a scam.

I think that mostly people, who were lazy and impatient enough to wait for the times when Bitcoin climbs up and sold it and lost, think that it it the scam. The whole world started taking BTC as the best virtual version of the currency. It is great.

[Nhor1011]

As we know as a crypto Community most of people's think that a Bitcoin (any crypto currency) is illegal and scam. But Now Paypal officially integrated inbuilt features to buy/sell Bitcoin , Etherium , USDT and etc. So It is a great slap to the mostly people who think Crypto is illegal. Now they understand the power of crpyto in upcoming less than 2 years and it will change whole market , the early adopters will take great benefit.

Those who think that bitcoin is scam are those people without enough knowledge what bitcoin really is and what is the purpose why bitcoin was created. That's why if you were going to use bitcoin and other crypto, it is important to learn first and do some research to have some knowledge and understanding about that matter. Also those impatient people like some of my friends. They thought what I'm doing in crypto is just a waste of time because they thought that it is a scam like other project but they are wrong because bitcoin is very legit decentralized digital currency.

[24Kt]

As we know as a crypto Community most of people's think that a Bitcoin (any crypto currency) is illegal and scam. But Now Paypal officially integrated inbuilt features to buy/sell Bitcoin , Etherium , USDT and etc. So It is a great slap to the mostly people who think Crypto is illegal. Now they understand the power of crpyto in upcoming less than 2 years and it will change whole market , the early adopters will take great benefit.

Those who think that bitcoin is scam are those people without enough knowledge what bitcoin really is and what is the purpose why bitcoin was created. That's why if you were going to use bitcoin and other crypto, it is important to learn first and do some research to have some knowledge and understanding about that matter. Also those impatient people like some of my friends. They thought what I'm doing in crypto is just a waste of time because they thought that it is a scam like other project but they are wrong because bitcoin is very legit decentralized digital currency.

Ignorance is the main reason why a lot of people are having different view on bitcoin. But yes, the Paypal's integration of btc and other alts, may have change other's perception towards crypto. Don't bother the point of view of your friends, as later on, they will ask your assistance on how to deal with crypto. I have encountered the same also with my friends. So now, I don't mention this to them anymore unless, they will initiate the discussion.

[Axelseseclevz]

Bitcoin is now more than ten years of existence and those who still says that bitcoin is scam , I think they are just envious with bitcoin and to those who already earned a lot in bitcoin. Maybe the think that if they are believe in bitcoin earlier and invest on it , they are also rich now or they have some gains now. What I mean is that those person who always said bitcoin is scam has a lot of regrets in their hearts and mind.

[k@suy]

I think people are considering bitcoin as a point of  scam due to wrong interpretation or information given to the particular individual, even before I joined forum I really know that bitcoin is not scam and it can never be because since 2009 btc came in existence and know one can testify that it's a scam, people are just castigating bitcoin because of its improvement in societies so therefore I suggest that those have to be given bitcoin to hold in their wallet for period of time. I think when they have btc transactions with people and those people scam them, they generalized it to bitcoin, not knowing that bitcoin is transparent in terms of management and transactions in appropriate platform.

Well based on my own conclusion people were too fascinated of having an instant profit even if they are sleeping their account were generating an income for them which is so impossible to happened in a world of cryptocurrency or even in bitcoin. Here we need to do our part to be able to get a profit, an overnight generating profit were not applicable here. That's why i can't blame those victim who being catch by the trap of scammers since it was their sweet words in attracting investors.

[ice098]

Since I invested in bitcoin, I have been ready to accept all forms of risk so that the information that supports the existence of bitcoin makes me motivated and keeps trying to maintain time efficiency in getting results and always hope bitcoin will be more advanced in various parts of the world in the future

Bitcoin is clearly going to be more advanced and almost all countries are familiar with bitcoin and its actions, but maybe there are still some who have not been able to accept it with much consideration and it is not easy to determine the regulations that will be carried out if bitcoin is accepted as a legal means of exchange. usually bitcoin is accepted as crypto trading in general and is not directly connected to banking and that does not matter, meaning bitcoin is still recognized.

I appreciate yourself that you always believe and support the totality of bitcoin and believe that bitcoin is a very profitable investment. bitcoin is of course very interesting now because it is in a period of movement to increase and at least don't miss holding bitcoin so you can enjoy a period of sharp increase.

This will open the eyes for anyone who has underestimated bitcoin that bitcoin can contribute to its holders and is not a dream and might make you disappointed, that's not true.

Well i guess the fact that people concluded that bitcoin was a scam was all due to wide spread of scams using bitcoin as a front page on their agenda. Today i do really believed that this scams were really into action to catch as much victim as they can in their trap. Some of the link using bitcoin as their front page are proposing multilevel marketing and even binary trading which in fact were already suspicious to think of.

[bitzizzix]

Since there are different forms and modes of news about bitcoin, you need to learn first what are the models and how to recognize Bitcoin scams and on the other hand each form of fraud requires different anticipation.
so you have to arm yourself with
knowledge of a specific bitcoin scam model, and all that for gullible newbies who think Bitcoin is a scam.

[mikelpol]

After this news, Bitcoin began to grow non-stop, this definitely gave it a much-needed boost. Now even more people have learned about Bitcoin and will be able to buy and sell it through PayPal. This is undoubtedly a huge step forward for the entire cryptocurrency.

[Innocant]

Too many people saying bitcoin is a scam and also dead but they dont know of whats going on in cryptocurrency there are some big happen that would be acceptedly bitcoin are using as payment and now paypal also become one of supported in bitcoin they doing a buy and sell using bitcoin, etherium or USDT and Ill think there are more positive news we heard again from bitcoin in the next year, And now the prices of bitcoin are still up many people doing trade and sell or they wanted to hold also.

[arwin100]

After this news, Bitcoin began to grow non-stop, this definitely gave it a much-needed boost. Now even more people have learned about Bitcoin and will be able to buy and sell it through PayPal. This is undoubtedly a huge step forward for the entire cryptocurrency.

The acceptance of PayPal is a big event happened in history of cryptocurrency since imagine how big the scope gotten by PayPal and for sure many got a good confidence when they see Bitcoin is listed on the platform. Hopefully this move made by them will create another window of opportunity for Bitcoin to be know on much bigger merchants.

[Emmychris]

Well bitcoin has grown much popular and many people have benefited from it, so I think the amount of people who thinks bitcoin is a scam is very less, because in this present time people has gotten to know the value of bitcoin and has started earning a Fortune from it, it's very obvious that the few people who thinks bitcoin is a scam, has no knowledge about bitcoin and are just being ignorant.

[NelfiNovita]

When BTC was launched people were busy speaking that this is a new techniques of scammers, when gradually it started to grow they said it's a new technology let's see how it goes.

After all when it went over the moon in 2017, all started worrying. This is nothing new people are always there to speak negative of every stuff, it's always better to research on our own and plan accordingly rather than trusting others.

yes, we should not immediately believe the news we just saw, most bad news about BTC is fake news. Many people who want to drop the price of bitcoin when the crypto market is improving, they want the price of bitcoin to fall even further so that they can buy huge amounts of bitcoin. This is my message: "We'd better find the truth from the news we just saw so that we won't be harmed".

[AicecreaME]

Having this perspective is understandable especially to those who aren't knowledgeable enough about the nature of bitcoin and the community itself. Majority of the people who don't understand how bitcoin works are the same people who think that it is a kind of scam. I can't invalidate these people's feelings as bitcoin really have a bad reputation especially to the mainstream media because of different schemes scammers are trying to connect and relate to it.

For example, there are spam messages on comment sections and even facebook groups about bitcoin saying they could earn a good amount of money in just a short span of time and they just have to pay a certain amount. Most people are easily blinded by the offer, hence, are falling to their trap, without them knowing their money is getting scammed already. And then, they will blame the entire bitcoin community. They'll start to generalize and lose trust whenever the term bitcoin is involved.

I guess we really need to have some sort of spreading bitcoin-awareness so that people won't fall for too good to be true offers and will know what could be the benefits of bitcoin on their lives.

[budi691]

from the first time I got to know Bitcoin many people said Bitcoin is a scam and it continues to this day, but what's happening Bitcoin continues to grow,
but with many people hating Bitcoin, bitcoin will not lose its fans