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Board Beginners & Help
Re: Any counter-proof that Satoshi Nakamoto did not design a ponzi scheme on purpose
by
AnonyMint
on 25/03/2013, 19:45:48 UTC
The long-term and short-term expectations polls, both show extreme ponzi valuations.

I see links to two very unscientific, self-selecting polls with small sample sizes. Basically useless.

Agreed except not totally useless when factored in with other information, such as the lower-bound of 60% dormancy, which means it is in reality much higher do to sending to self and FX not being goods & services.

The short term and long term expected value of bitcoins is currently 75 USD per BTC. That is what the market is telling us. Some people may be overexcited and expect to make 1000% returns, but if the overall consensus was that the price would be over $1000 in a couple years, then the price would quickly correct to over $1000 now.

That is not correct. Try to cite a reference on that, you won't find it. You can't project the current market price as the future market price, you need discounting, such as a future's market. Geez, learn what an option is.