Why most people think Bitcoin is a scam?

[Aya]

It is affected by both fraudsters and novices who failed in their investment. One, there are really some horrible people who try to deceive newbies by offering to trade Bitcoins with them. This is one reason why people think that Bitcoin is a scam. However, there is another one. One wherein novices who lose their money on trading accuse Bitcoin of being a malicious scheme. They lose their money because of trading mistakes but they put the blame on the coin. Sadly, they think that they have been scammed.

[Trader_Rob]

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.

[AbdulShiek]

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?

One of the reasons is some fake people has been giving negative reviews on Bitcoin to bring it down.

[Alexthedefender04]

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?

[Mr. Cid]

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.

The Bitcoin is a trading instruments and not included in the darkweb currency. Many people have recognized it as the most profitable digital currencies.

[darexgeorgieviya04]

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.

[Newbie_trader]

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.

I was wondering why some people easily believe in unfounded accusations without verifying the information.

[AbdulShiek]

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.

[PALM]

Why most people think Bitcoin is a scam?

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.

[Mr. Cid]

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.