Reports had claimed that the 33-year-old may look to either call time on his career or play lower down the divisions after being informed of Ipswich's decision.
However, the centre-forward believes that he is still capable of scoring goals if given a regular chance.
"I spoke the gaffer and told him that I wanted to be playing football," Scotland told the East Anglian Daily Times. "He's been sound with me and I thank him for that.
"My chances were becoming limited at Ipswich and I want to be enjoying my football at this stage of my career.
"I still feel like I have a lot to give. I came on against Brighton recently, I thought I did well and the gaffer said I did alright too. I still feel like I've got goals in me."
Scotland's services have been linked with a number of teams in the Championship and League One.