In my opinion, its a colossal pump-and-dump scheme, the likes of which the world has never seen. In a pump-and-dump game, promoters pump up the price of a security creating a speculative frenzy, then dump some of their holdings at artificially high prices.But i think, before investing in bitcoin educate first your self how this work right?
It seems like a pump-and-dump scheme if we look at the global chart, but blockchain is definitely not a scam. And given this, and the fact that bitcoin is the brightest representative of blockchain, it may have the right to live.