Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Dynamite on June 20, 2018, 07:43:11 AM
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There are people that already experienced the whole benefits of having bitcoins including the down trend and moon. There life testimonies all about the life changing from nothing to something because of bitcoin. It was proven already by millions of bitcoiners that it wasn't a scam but why we can still hear news that bitcoin is scam?
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I dont think bitcoin is a scam it is the people who built websites/companies that attracts people to invest in bitcoins, promises them with fast and high income and once they get the desired number of investors and amount these investors put in, they would just disappear with the money and leaving their investors with nothing.
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Because bitcoin fails to deliver the highest expectation of new investors. With their rumors,it reached out the palace of media and in the kingdom of government, forcing them to declare bitcoin is a scam and spreading FUD with the trembles feeling in their spirit that bitcoin is a threat for the growth of economy.
Lack of understanding about the use of bitcoin due to the emotional investors will lead to war against it. But the more this things is happening the more bitcoin will become famous and leading all the crypto currencies outside from misunderstanding of each individual mind into fullest illumination, seeing how this system is greater than the Old one.
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Why people still thinking bitcoin is a scam? I don't know how they tend to believe that. My suggestion is to first spend some time learning about blockchain technology and cryptocurrencies.
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Bitcoin is not scam and will be not scam for it wasn't a scam. It was just used to scam people by the person who knowns how to manipulate people to bring them in lose at the end. By putting their money and went to nothing. Normally they won't believe anymore.
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We hear news about bitcoin being a scam because all major media is controlled indirectly through banks. Media companies cannot make money the way they used to with subscriptions and rely on investors to fund their companies. The companies that fund news corporations are related to both big banking companies and politicians. They still haven't realized that all media is good media and the more they talk about the negatives, the more interest they generate. All in all, it doesn't really matter what they say, the proof is in the pudding.
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We can't please everybody even we do our best part, still there are criticism about our efforts. Even bitcoin performed it's purpose and went to moon, there are still rumors against it.
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It is so because probably people have inadequate knowledge about it or perhaps because of the numerous reported incidences of people been scammed on the blockchain.
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The insecurities is what the battle of the person. They became insecure when there are bitcoiners who become successful and they did not success. Normally they will spread negative accusations to bitcoin.
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That is what we called "FUD"
It is needed by others to see the price of bitcoin sink and they can buy more. But of course there are other reasons aside from this one.
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Bitcoin is not scam. I think the decision will fall to individuals categories about missing the point of truthfulness of bitcoin people's testimonies. We can drop our ideas and speak what we think is right but actually we should not base our idea by our self definition of bitcoin.
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There are people that already experienced the whole benefits of having bitcoins including the down trend and moon. There life testimonies all about the life changing from nothing to something because of bitcoin. It was proven already by millions of bitcoiners that it wasn't a scam but why we can still hear news that bitcoin is scam?
New people in most bitcoin investment who think like that,most do not know the nature of the Bitcoin is easy to change, that's what causes people to panic when the market goes down and is in a hurry to sell it despite loss.But for those who know it,will benefit greatly from this investment.
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It is the people who built websites and companies that attracts people to invest in bitcoins. Promises them with fast and high income and once they get the desired number of investors and amount these investors put in.They would just disappear with the money and leaving their investors with nothing.My suggestion is to first spend some time learning about blockchain technology and cryptocurrencies.I dont think bitcoin is a scam.