Why is it most of the people when they heard Bitcoin still they're thinking that is a scam!

[Syedbesharat 5423]

The lack of knowledge and presentation is preventing  people to join crypto when you invite someone you must have facts and figure to convince them. They would listen and make judgement rather then giving them talk which contain your own imagination. Show them your actions and result with earning best thing is to show your account with withdraw. They will listen and willingly join crypto. 

[Onden 2098]

Ignorance makes them distrust about bitcoin, they consider bitcoin a scam because they have never benefited from Bitcoin, try telling your friends or family to join the CryptoTalk campaign, after they join and get bitcoin they will believe that bitcoin is not a scam.

[VijithaVarghese 1994]

That I think is because of the lack of experience in the cryptotalk world and the fact that they aren't much informative about the cryptocurrency. The scams are always a part anything that helps us earn money so people tend to misinterpret things. But this forum is legitimate and reliable.

[yonkii 3205]

I didn't hear from many people that Bitcoin is a scam but a relative I was talking to told me that. Then I asked a few questions if he knows what it is about and he didn't. He had no idea about Bitcoin being open source and didn't know what decentralize meant. I tried to explain and just told him to look it up because he was wrong and he might be missing on something very good.

[zhoutong 2188]

Most people think that Bitcoin is a scam because they are ignorant. They've been told something like that by a few people that have them in a high spot like Roubini or Trump and they think that this is it and they don't need to know anything else. This is their mistake and when they find that this idea was wrong they start to read more about it.

[leakydonney 1402]

Due to lack of knowledge and ideas about Bitcoin most and a lot of people think it as still a scam project so I suggest every crypto member should give knowledge to it's close friends and family about it to increase high market circulation

[glyk85 166]

Most of the people thought the same you say, but they are not the user and traders. May be they didn't find the positive side of the crypto. Its true that there is lots of scam projects, but its not related with cyrpto, the scammers are ruining the reputation of the crypt o

[Cryptic 0]

I think the reason why some people thought that the cryptocurrency is just a scam because they only based on some scamming incidents they don't really know how the cryptocurrency works. So the culprit behind those misunderstanding about the cryptocurrency is the scammers. Well, we the people who have been benefited from cryptocurrency are only the people who would appreciate the cryptocurrency. 

[bogdanoff 3173]

It is not like that anymore, things have changed and slowly more people that have questions about bitcoin appear instead of just denial that we were met until recently. They now understand that Samsung, Paypal, Jpmorgan and more of these giant companies are talking good about Bitcoin and want to learn why and what is going on.

[pacific 2268]

10 minutes ago, Cryptic said:

I think the reason why some people thought that the cryptocurrency is just a scam because they only based on some scamming incidents they don't really know how the cryptocurrency works. So the culprit behind those misunderstanding about the cryptocurrency is the scammers. Well, we the people who have been benefited from cryptocurrency are only the people who would appreciate the cryptocurrency. 

@Cryptic You're absolutely right in this regard. For those who knows the value of bitcoin, they will surely find it as much worthy and of great potential. Preferentially, they would like to invest on bitcoins for gaining profits. But for those, who knew nothing about cryptocurrency and how it works, it's always a scam or let's say more or less a useless thing.

[annayks 2314]

I don't know why some people think that the code that is running by thousands like the bitcoin code and the blockchain can be a scam. It is unlikely they are and yet some still say that when every expert that audited the bitcoin code has said that it is clean code. There are a few bugs still obviously as no code is perfect but this doesn't mean that the bank system is better. In fact bitcoin is 100 times better from banks.

[cryptovlek 2597]

Some think it is a scam and miss their opportunity so let them think this way, they are caught in old ways of finances and don't want to change because they think it still works well for them. Until it doesn't.

[Edwinvicky 819]

They called it scam because they don't have enough information about bitcoin and cryptocurrency. Which made them thinks that bitcoin is definitely a scam.

[leakydonney 1402]

7 hours ago, Syedbesharat said:

The lack of knowledge and presentation is preventing  people to join crypto when you invite someone you must have facts and figure to convince them. They would listen and make judgement rather then giving them talk which contain your own imagination. Show them your actions and result with earning best thing is to show your account with withdraw. They will listen and willingly join crypto. 

I agree with you my friend that lack of knowledge is a major problem to a lot of people to think that Bitcoin as a scamming project also scammers create bad picture about crypto trading as when more people get interested in cryptocurrency, scammers are finding more ways to use it. 

[kryptonick 2659]

They are doubtful because you probably told them that it is a way to make money and you didn't explain anything technical. If you don't know what it is yourself and can't explain it then of course they will be doubtful. But anyway I don't see many adopting Bitcoin for many reasons and one is that most are doing what their government is always telling and use as money only government fiat that they think it will never have a problem.

[khan22 3478]

Crypto market is not a scam but i just say that those peoples which invest in the fake coin project and they think that it is a good project and they loss their money and so many peoples make loss in this business and this is true. So i just say that invest always in good and best projects in the crypto market.

[Viscount 1357]

Well in the case of our country, a lot of people doesn't believe that Bitcoin is legit because there are a lot of scammers in our country that is using Bitcoin as a front to scam other people. Well, I cannot blame them for why they are thinking that way, but that it wrong.

[saradz 2259]

In fact, some people consider Bitcoin as a currency for criminals and it is used in money laundering, and it is a currency for technology professionals and is not available to everyone. All these are misconceptions about Bitcoin, as Bitcoin proves day by day that it will compete in the future with fiat currencies, especially the dollar.

[Braulio Eurea 720]

Unfortunately the crypto world is riddled with scams and this is why people distrust the operations of the crypto world, there is a negative fame that will cost to beat. These scams in the crypto world are real and present every day and this has to be attacked in a timely manner because it is a negative thing in the crypto world. People have to understand that of course there is a crypto world that is responsible and serious and that it constitutes a business with a great future.

[Goyaa 2414]

Try to introduce more bitcoin to your family and friends, for example by introducing the yobit exchange and following the Airdrop on yobit, when they know that airdrops make money, they will be more interested in bitcoin. Their ignorance makes them unable to distinguish between a scam and a legitimate one.

[percare 3192]

The way you hear about something first time from media becomes embedded in your mind. If the media discuses Bitcoin in a negative way then it will be like that for some people for many years until they finally realize the mistake and look for more and better information.

[entrepreneur 634]

I think that this happens because they do not understand it, and therefore they think it's a scam. But it's just like nay other currency in the real world! Except it's way better

[Tine0313 3053]

Well i think people tend to say bitcoin is a scam because they are uneducated or illiterate about this, most people says this are not that engage in technology so that is the reason many people do not believe in cryptocurrency.

[Waqar Qainth 0]

Most people think bitcoin is scam because they had been scam from other coins. So they don't believe in bitcoin. They afraid of losing their money again. It's natural when a person is scam by someone then he don't believe anyone. 

[Mella 3680]

I have listen the same response by some. They were only think it is scam and they do not need to know even why it is better from banks. I do not think there is hope for these business and people that feel this way to be ahead of competition this way.