Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Spaceman_Spiff_Original
on 15/09/2017, 08:08:23 UTC
Perhaps by checking what a Ponzi scheme actually is and seeing whether bitcoin matches the criteria?

In my humble opinion its current price is partly based on a pyramid schmeme...but that is the property of every bubble
So now it it not a Ponzi but a pyramid schmeme?
No, a pyramid scheme is not part of every bubble.  
The worst you could accuse bitcoin of is being a pump-and-dump (but you could make that accusation of any investment vehicle).

EDIT: bottom in?