This has been asked to me many times before especially in the early years of Bitcoin. I mean those early years I am starting to trade Bitcoin. But I can tell that people asking this question has decreased in number because Bitcoin is being introduced by many using social media. I also watched interviews about Bitcoin in local and international channels. That could be proof that Bitcoin is not a Ponzi scheme.
People will keep asking questions like that because they cannot understand how something that they cannot touch with their hands can be so valuable, if you give them an explanation two things can happen, if the person has an open mind then that person can easily recognize why bitcoin has such a high value but there are also many people that are very set in their ways and no matter what you say to them they will not change their mind. 
Topic: Is Bitcoin a Ponzi scheme? - page 13. (Read 1849 times)
I agree with you because there is no way Bitcoin can be like Ponzi Scheme. Bitcoin provides daily news about its pricing for selling and buying exchange. It also provides real time proof for every transactions for both parties involved worldwide and holds transparency.
Bitcoin is not a Ponzi. It depends on the person or company if it will use this kind of scam. Some people who are hungry for money often joins a bitcoin program that is hosted by a ponzi. Bitcoin's price always depends on market so if you are investing on bitcoin, it is hard since it is hard to predict unlike on ponzi style, the profit is guaranteed but it is too good to be true. Always be aware from those bitcoin related that you are joining into to prevent your savings to be depleted and swears bitcoin if you are an idiot caught by the ponzi operations.
I had arguments with my friends who are always tagging bitcoin with negativity. Today, we argued and I educated them on bitcoin and Ponzi scheme. To me Ponzi scheme is when developers takes money from new entrance to pay early birds,rinse and repeat until they raise enough and vanish. But bitcoin is not like that. Do you think I am right?
Sometimes my friends i thought of something like that, but eventually I understood what the digital money was really going through, the ponzi schemes were like pyramiding scams, so you would invest a little bit but you gain more that is pyramiding scheme/ponzi scam , but the bitcoin forum friend receives investors like icos to promote their tokens to be known as bitcoin.
I think there is a price game on bitcoin, pump and dump there definitely is. However I do not think that bitcoin is ponzi because of how far bitcoin falls, bitcoin will persist and get better again.
You're right. Bitcoin has no leader and no pyramid model. As I know, the ponzi model is a pyramid model, who come first will enjoy high returns from later arrivals. Bitcoin is a product based on Blockchain technology so it is not possible to call Bitcoin a ponzi model.
Bitcoin is not a ponzi scheme because with the blockchain technology applied by Bitcoin, the Banking, Government and other conventional financial institutions are worried, because people can switch to variants of Bitcoin, Ethereum, Litecoin and the like, because the bitchin blockchain technology is more transparent, low-cost, fast-paced and profitable to every user, and the value of bitcoin assets that continue to grow significantly (not just benefit the bank and government alone).
Bitcoin itself is far from being labeled as a ponzi scheme. Bitcoin is utilized as a paying medium world wide. Bitcoin though, is used by ponzi schemes through mining services and ICOs. Only non-crypto people would say that Bitcoin is a ponzi scam due to lack of knowledge and probably a cryptocurrency hater.
I had arguments with my friends who are always tagging bitcoin with negativity. Today, we argued and I educated them on bitcoin and Ponzi scheme. To me Ponzi scheme is when developers takes money from new entrance to pay early birds,rinse and repeat until they raise enough and vanish. But bitcoin is not like that. Do you think I am right?
haters will be a hater. ponzi scheme is like a pyramid. The earlier you join, you will get more earnings.
i think bitcoin is not a ponzi or pyramid scheme because if you buy bitcoin from the dips, you will get good profit too later.
People who say bitcoin is a ponzi scheme can be ascertained that they do not understand about bitcoin, but to make them stop thinking about ponzi schemes so when bitcoin can last for a long time and prices keep rising, because ponzi schemes are always short-lived.
Bitcoin is not a ponzi scheme because it involves stock market and even exchange, ponzi scheme is entirely different from bitcoin
This has been asked to me many times before especially in the early years of Bitcoin. I mean those early years I am starting to trade Bitcoin. But I can tell that people asking this question has decreased in number because Bitcoin is being introduced by many using social media. I also watched interviews about Bitcoin in local and international channels. That could be proof that Bitcoin is not a Ponzi scheme.
Cmon guys, till this far BTC ha gone, someone still thinks its a ponzi??
You should never underestimate people and their disbelief, take for example the current economic system anyone that takes the time to study for sometime how things work knows that the system cannot last forever at some point it is going to crash, but the people that do not took that time do not want to believe that could happen and they are going to deny it until it happens.
if you think that bitcoin is a ponzi scheme maybe gold is a ponzi scheme as well, hahaha. that's just my opinion, I do not know people thinking about bitcoin and I hope your argument with your friend will be removed soon
There was a Youtube video in 2013 that said Bitcoin was a Ponzi Scheme. It does seem like it if you bought Bitcoin when it reached $20,000. But Bitconnect was definitely a Ponzi Scheme.
I had arguments with my friends who are always tagging bitcoin with negativity. Today, we argued and I educated them on bitcoin and Ponzi scheme. To me Ponzi scheme is when developers takes money from new entrance to pay early birds,rinse and repeat until they raise enough and vanish. But bitcoin is not like that. Do you think I am right?
ponzi scheme never lasting long. when most of them have referral, they will out of referral and the scheme will crush.
ponzi = the earlier join, the more profit. bitcoin = earlier or later, both will gain profit.
The Nakamoto scheme is an automated hybrid of the Ponzi scheme and the pyramidal scheme. From the point of view of the management of a criminal organization, it combines the strengths of both schemes and (at present) lacks their weaknesses.
No it is not a ponzi scheme bitcoin what you invest in bearing in mind that you may make profit or lose as the case may be while because at times the price of the bitcoin goes up and some times it comes down so if you invest when the price is up probably you are making your profit vise-visa that is how it is, it is not a ponzi and can not be.
What about the fact that those who bought bitcoin early have made huge amounts of money? Well, people who invested with Bernie Madoff also made lots of money, or at least seemed to, for a long time.
Bitcoin is a Ponzi scheme, and it will collapse like one.it will stay afloat only as long as enough people buy the fiction that bitcoin represents real value.
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