Post
Topic
Board Bitcoin Discussion
Re: Prove Bitcoin is not a bubble
by
metalglowd
on 26/08/2018, 18:04:25 UTC
Bitcoin fans keep saying "prove it is a bubble" because they do not believe it is - but this is a false question.

The real question all you bitcoin fans should be able to answer is: Prove that bitcoin is not a bubble.

A bubble is when the price of something is far higher than the fundamental value.

Bitcoin gives you ownership of nothing (a stock gives you ownership of tangible assets)
Bitcoin pays no dividend
Bitcoin gives you no right to future payments (bonds give you the right to payments)
Bitcoin gives you no patents or trademarks
Bitcoin gives you no legal rights

Given these facts, you Bitcoin fans need to prove that the fundamental value is different from zero (or close to zero) - otherwise it is a by definition a bubble



I know, but right now exactly. people are getting smarter. they believe on proof, data, statistics, charts,  paper, news, file, etc.

because you just cant believe on a group of people who always give same reason. meanwhile data said another and always came with different proof.