Have you ever thought about metacalfe's law? If you are trying to equate bitcoin with other currencies then you are going to be off base because bitcoin is way fucking early to be pigeon-holed like that.. and to act like it is same ole same ole.
Yeah and no market goes up forever. What goes up comes down. Being in this permabull/shill mentality is very wrong. It the same as those foolish traders before the 2008 crisis.
Don't be ridiculous. No one is saying that the market is going go up forever, even though we are currently in an upwards trajectory and currently in a bull market. Still way too fucking early to be saying that the bull market has come to an end, even though it could come to an end at any time...
Why don't just communicate with the rest of us like you are a normal person rather than attempting imbue status upon yourself and to patronize the rest of us.
I have already explained it, I wrote a few posts about it in my blog. I don't think this thread is the best place to explain it in detail.
There is such a thing as cut and paste, and there is also such a thing as explanation.. Apparently you are too good to attempt either one.
But I don't even care if you believe in me or not. I have put out my opinions, everyone does what he wants with them. I don't care if you lose or win money at this point. I know I will make money if the market goes down.
You have asserted mere conclusions, and too bad for you to bet in only one direction (that is down), especially in an asset that has a lot of ongoing upwards price pressures and upwards potential. Later, several of us will likely be more than willing to give you our condolences for your quite likely upcoming loss... and maybe you are at a loss already because you have a lack of insightfulness regarding this innovation that they call the bitcoins.