Why most people think Bitcoin is a scam?
Why most people think Bitcoin is a scam?
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Most people think Bitcoin is a scam because of the people who have taken advantage of the vulnerability of the newbies. They have been presenting a portfolio with promising results.
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What do you mean by "Most People" ?? Do you refer to most btc users or to people in general?
Your opinion seems not to be based on a valid reason.
In general, negative comments came from govs and bankers who are negatively infected by bitcoin. However, many of them start accepting it and even legalise it.
Bitcoin is unstoppable and maintained by its users, not like traditional currencies controlled by a single authority. And if we compare it to Dollars for instance, dollar currency is the biggest scam in humain history, although we are stucked in and we can't really change it.
Even the one you mentioned doesn't confirm that bitcoin is a scam when he says "will become worthless", which is a general prediction without any solid reason.
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Some people choose not to entrust their funds online due to the negative reviews made by naive people. More often, they claim that they failed to make money, because of technical issues. When the reality unfolded, it found out that they don't have enough knowledge to manage their account.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Because they heard about dome scams which have been done with bitcoin or they have heard about hack where bitcoin was demanded. In my country, the very basic idea about bitcoin is- it is way of earning money, it is a darkweb currency. I doubt this people ever had any investigation other than hearing one or two times about bitcoin.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
No matter how crypto enthusiasts try to convince people to believe that Bitcoin is legitimate, everything seems to be the same. I'm starting to wonder why most people have this kind of mentality towards Bitcoin?
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I think it is because of how the media portrayed it before. We all know that Bitcoin was used mainly in the black market before and it has brought a negative connotation on the coin. Aside from that, there are some people who deceive other people through bitcoin and in turn it gives a bad image to the coin.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.