Post
Topic
Board Bitcoin Discussion
Re: FUCK! The Bitcoin is dead again. This time for sure.
by
berserkinterbuy
on 07/01/2017, 20:31:03 UTC
investment of over $14 billion

See, that is the problem right there.  Many people here are very unsophisticated.  They can't discern the difference between '$14 Billion investment' and '$14 Billion valuation'. 

Because these very stupid people can't understand these very different concepts, they just keep on buying, and buying.  Thus, we have a 'natural Ponzi scheme'.  Bitcoin offers no utility nor function to anyone.  It is simply a 'buy and hope' speculator's tool.  There is no revenue.  There are no earnings.  It is just a more inflated 'market cap' day after day.  A total Ponzi scheme. 



Its the first time i do see someone saying soo many bullshit into one single post, soo my question to you is what the hell are you doing here, since this is a bitcoin forum and crypto currencies? Anyway, bitcoin has a structure and it has value, you wanna a revenue lend your coins at poloniex, invest into casinos bankroll, the fact bitcoin is growing results into a big demand that makes the price raise.
Price for investments has a lot of weight if you are sure which plan to invest their bitcoin. This is a special thing when you get to the exit, too bitcoin.