Quote from: freightjoe on November 15, 2017, 03:08:23 PM

That perfectly sums up the discourse in every single thread on this entire forum

More name calling and reckless generalization.

Quote from: freightjoe on November 15, 2017, 03:08:23 PM

The US economy collapsed because immoral people tricked ordinary citizens to take on loans which they had no hope of ever repaying - but packaging it in a way so people did not understand what was going on. They were simply lured in by the prospect of easy access to money. Same thing repeating now, only with different tools.

Another inapplicable analogy. In this case people took on loans based on greed and their conviction that the bubble would continue. They were not innocent bystanders.
In this case, there is not a huge FIRE (Finance, Insurance, Real Estate) industry pushing bitcoin and encouraging people to take on debt.

You are correct that it may be a bubble. You are incorrect in labelling every person who believes in the future of bitcoin as a bad actor.