Is it true that Bitcoin is a Ponzi Scheme?

[Mostee501]

I don't think the know the meaning of ponzi,bitcoin has stayed over twelve years, which ponzi platforms have they seen stay that long,plus there are those that invest upto 1.5 million worth of bitcoin.

 

[Good-Person]

I don't think the know the meaning of ponzi,bitcoin has stayed over twelve years, which ponzi platforms have they seen stay that long,plus there are those that invest upto 1.5 million worth of bitcoin.

Bitcoin is a digital asset, according to me. There is no evidence that suggests that Bitcoin is a ponzi scheme. Moreover, Bitcoin is a decentralized cryptocurrency that is not controlled by anyone whereas ponzi schemes are controlled by a single body of organization. So I really do not think that Bitcoin is a ponzi scheme.

 

[Sincerem]

Is just a question the poster asked. Is bitcoin a ponzi scheme? We all know Bitcoin is in no way ponzi. Even if its risky but it is a legitimate investment scheme. That if well invested the dividends is very much.

 

[Victor001]

The motive behind Bitcoin been a Ponzi scheme is a bad notion, Ponzi scheme generally allows you to do nothing and you earn for it,Ponzi scheme as no leader nor source of income,no portfolio concerning the channel flow of income.

 

[Sincerem]

The motive behind Bitcoin been a Ponzi scheme is a bad notion, Ponzi scheme generally allows you to do nothing and you earn for it,Ponzi scheme as no leader nor source of income,no portfolio concerning the channel flow of income.

The poster made this thread to clear his doubt around Bitcoin. Bitcoin is never a ponzi scheme and can never be seen as ponzi scheme.

 

[ahmedo24]

Bitcoin is not a Ponzi scheme and I don't think it will ever be a Ponzi scheme it is pushed by the market forces of the buying and selling pressure and all the activities almost all TV stations now report trading activities of Bitcoin and other cryptocurrencies so they are not Ponzi.

 

[MercySmith]

It's not a Ponzi scheme. It's a decentralized market although, for the market to be favorable to investors, it needs more investors to come in.

 

[Senator]

That theory that the bitcoin is a ponzi scheme is very far from the truth about bitcoin and cryptocurrency in general. Wether people fail to invest in bitcoin, does not stop those trading it from making money. That is a fact

 

[Bigabigs]

The Bitcoin cryptocurrency as a chryptocurrency does not in any way fit into the definition of what a Ponzi scheme is if people really understand the definition of what a Ponzi scheme really is. If they don't, they should go and check it up then come back and tell us how Bitcoin is a Ponzi scheme

 

[Setfragil]

Bitcoin is not a ponzi scheme. Ponzi scheme is a scheme that promises ridiculous return on investment within short period of time while bitcoin profits comes when there is a bullish run which make the price to increase so also the profits.

 

[Aaron625]

I dont think so , bitcoin is not at all a ponzi scheme. Its true there are many ponzi schemes and sites that are designed and accepting bitcoin as payment method , that doesnt mean bitcoin itself is a scam and ponzi.

 

[Sincerem]

I dont think so , bitcoin is not at all a ponzi scheme. Its true there are many ponzi schemes and sites that are designed and accepting bitcoin as payment method , that doesnt mean bitcoin itself is a scam and ponzi.

Anyone who labelled BTC as ponzi scheme doesn't want to get involve into online investment scheme and earn the benefits surrounding it long term.

 

[Stylex]

Well
Don't know

 

[eLdavis]

You actually answered the question. Like you said, ponzi scheme are fraudulent activities or investment where by he so called company or organization pays older investors or the first investors with the money gotten from new investors. Clearly we all know Bitcoin does not work this way.

 

[Aaron625]

Anyone who labelled BTC as ponzi scheme doesn't want to get involve into online investment scheme and earn the benefits surrounding it long term.

Yeah they have just misunderstood the worth of bitcoin and its working and related it to ponzi scheme. Anyway its up to them to decide ,we all know how powerful the crypto is.

 

[Setfragil]

Anyone who labelled BTC as ponzi scheme doesn't want to get involve into online investment scheme and earn the benefits surrounding it long term.

You are right. Some people just labelled bitcoins a ponzi scheme without even bothering to ask or read about how bitcoin works. Some will buy bitcoin and expect it to increase in market price by 100% in two days.

 

[Shigobad2020]

As for me I wouldn't say Bitcoin is a Ponzi scheme because it's operation structure does not in any way go with that of a Ponzi scheme, Ponzi scheme is totally different from crypto currency and can never be considered to be same thing from it's mode of operations

I understand the poster opinion and your opinion ,somenpeople are calling bitcoin a ponzi scheme because they beleieve bitcoin is a coin that cannot be hold or seen , but to me its far more better than a ponzi scheme, because a ponzi scheme doesn't last.

 

[Aaron625]

Yeah many people think Bitcoin is just a hyip and works like hyip sites , they are completely misunderstood for sure. Bitcoin is a long term investment to be honest and it requires patience to get profit from trading.

 

[Sincerem]

You are right. Some people just labelled bitcoins a ponzi scheme without even bothering to ask or read about how bitcoin works. Some will buy bitcoin and expect it to increase in market price by 100% in two days.

Laughs, I laugh those kind of people who invest around BTC and expect such kind of increment with in two days cos they'll shout when their investment is dipping down.

 

[Senator]

It is obvious to me now that these so called persons don't even know what the meaning of something called a Ponzi scheme truly is. If they do, they would not have made that assertion