Post
Topic
Board Economics
Re: Bitcoin's Real Value, Quantitative Analysis
by
Daichi
on 25/11/2013, 23:16:41 UTC
Absolutely right, Impaler.

Bitcoiners have no economics training. It's like the blind leading the blind. This is too funny.
Many companies spend billions of dollars on R&D and the products fail and never make back the investment. What a fantasy world, if your wealth increases with increase in spending.

Bitcoiners are so blinded by greed that they refuse to see that Bitcoin is a pyramid scheme.

All they look at are the rising prices at the exchanges.
The exchanges are not regulated, no government oversight.
I can open my own exchange have group of friends buy and sell to each other, bid up the price, and wait for the suckers to buy into Bitcoin with real world currency. You are sheeps, helpless against the wolves.