Quote from: rremus91 on December 12, 2017, 09:16:07 PM

Dont get me wrong, Im holdig bitcoin and I am amazed of it. Anyways, I dont get it why Bitcoin is not a ponzi scheme. How ponzi scheme works? By bringing new and new investors to the scheme/market. How does the bitcoin price rise? By buying/brining new people into the network. So if anyone could give me a good explanation why bitcoin isnt a Ponzi scheme I would appreciate it.

If all the poeple would sell their bitcoin holdings, the price would crash to 0 and ~70% of people would remain with loss.

Would you make the same argument about stocks and shares? Of course not, Bitcoin isn't a ponzi in any sense of the term. However if bitcoin ever does collapse at some point and become worthless or worth very little then people will certainly try their best to smear it as one, but that would only be the ever time the term would be even vaguely justifed (but still wrong in my humble opinion).