Why People Are Saying Bitcoin Is A Pump and Dump or Scam

in bitcoin •  7 years ago 

Few people around me have asked why is Bitcoin being called a pump and dump or a scam, so I decide to dive in and give my two cents into this in a video.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

There are people from every fraction of the community (The one who does the research, the newcomers and the one that never got a hold of cryptocurrency) saying that Bitcoin is a Pump and Dump and a Bubble for a reason. History tend to repeat itself and the graph shows and replicates what happened in the past(Tulip) but we can never know the future. Maybe it's the time and Bitcoin is the revolutionary evolution and it may Pump and Dump but it wil never bubble. Or it will at some point. We can only hope for the best.

It seems like a potential big shift in our culture and how we want a new way to exchange value with each other.