Many would have said a lot of things about bitcoin the moment they discovered the market price is going down because of the Fall of the market, without knowing this is just a matter of the season and time, the bull is also around the corner to soon override the bear, that is why we have to always verify any information source received online because not everyone fighting against bitcoin really understand how the network is, it's volatility is not a yardstick to talk about Bitcoin negatively, when we know that it's already all about rising and falling.

Bitcoin volatility is not one thing that should scare you away from investing in it, because it's volatility never remains permanent, as it's what happens regularly, hence allowing the coin to either skyrocket very high during the bull period and likewise fall also I price value during the bear market too. So Bitcoin's volatility is not what should scare you from investing in it. So it's because o its volatility that we always advise people not to borrow money and invest in Bitcoin. Because you could borrow money now to invest, and while expecting it's price to increase after a month , it could fall drastically in value. Hence making you unable to get the complete capital and interest. Hence, the more reason why we always advocate newbies invest an amount they can afford to lose or not be in immediate need of it in Bitcoin. Because the only way to enjoy Bitcoin is when you hold it long term.

Unfortunately, only us here in the bitcointalk community are seeing this way. Majority are still seeing bitcoin as a big scam. Most especially if your local government is supporting that kind of misinterpretation. That's why its difficult to defend bitcoin in some debates or arguments, but as long as we know the real truth about bitcoin, I guess that's what most important is.

However, extreme volatility with bitcoin really scares everyone, even me. This thing I won't argue, because this is actually true. But what we don't know, because of volatility we are seeing bitcoin reaching new peaks and all time highs, those prices that seem just a dream when we are still starting with bitcoin.

Bitcoins offers equal opportunities and benefits to everyone, so expect that people will use it for their biggest advantage. And the criminals are never an exception, they will take advantage of bitcoin's decentralized technology, and let bitcoin face the consequences after, while leaving them totally free from allegations and scams.

So its not bitcoin that is actually the true villain here, its the people who are using bitcoin for bad deeds.

Yes, Bitcoin was originally created so that people can get financial freedom and complete transactions very easily. Bitcoin is an attractive currency as an alternative to fiat currency. It is not controlled by any authority, so its demand is increasing day by day and its price is also going up. However, everyone is using Bitcoin according to their convenience. There are many people who use it for their financial freedom, while some do it to be in harmony with the criminal world. Some save money through Bitcoin and some circulate money through it, basically the person who uses Bitcoin psychologically will get the result in that way. Yes, of course it depends on the users how they will use it and for what purpose it will be used. It is completely their personal matter. Since Bitcoin is an independent currency, any government can control it, so those who come here for good purposes will do good, those who will do bad things with Bitcoin will focus on that. It is completely personal to the person.

I don't know that scammers request Bitcoin as Telegram groups and scams there are mostly with altcoins as I know. Surely they have same purposes, stealing money from naive and careless people. They can steal your altcoins, and sell altcoins for bitcoins, it only needs some more steps that are easy with them.

They don't need to directly steal bitcoin from you or ask you sending bitcoin to them. There are many scam methods used by scammers, and money is what they want. After stealing money from victims, they have many options to do next, converting it to stablecoins, bitcoin or physical things like gold, real estates, luxurious cars ...

https://www.chainsec.io/scams

Bitcoin is not subject to any consequences, and criminals will be held fully responsible for their illegal actions. Anyone who believes Bitcoin should be held responsible simply because criminal use it for illegal activities lacks basic understanding. As OP has already admitted.

There is no need to overcomplicate the issue. Bitcoin is simply a form of money and a financial instrument, and it is inanimate. It cannot choose who will use it or what it is used for. It all revolves around human behavior and how they use it.

That is what I always say that those who are investing for long term are not much effected because of price volatility of Bitcoin. If we look at historical price chart of Bitcoin then its very clear that price of Bitcoin always go up with time. The ongoing market situation is not good for people who always look for quick return from Bitcoin. If you understand Bitcoin then you can easily figure out that this is very much normal behaviour of Bitcoin and we have seen this many times before.


Such tools are a great help in understanding pattern of Bitcoin. Through this tools can have idea that volatility decreases if we analyse Bitcoin price over longer duration. 

It is true that telegram is filled with scammers, and getting a new phone number is very cheap and doesn't really require much neither. I think it is clear that we are going to see a lot of people making a lot of mistakes when it comes to this, because we do not really know how we are going to react to it completely.

We should realize that things that we are dealing with aren't really that easy to handle, and for that reason we need to make sure that we are dealing with something that takes time and patience to reach there.