Post
Topic
Board Bitcoin Discussion
Re: The Rise of Bitcoin
by
Marma Kalari
on 13/11/2020, 23:25:14 UTC
and now bitcoin is real, it will slowly peak like it was in late 2017, when it hit $ 20K.  not in 2018. the value and bullish bitcoin now, will answer every negative perception about bitcoin.  bitcoin is not a ponzi scheme, not a seasonal bubble, etc.  but bitcoin is a crypto asset that has value and is very profitable because of its volatility.  we will see bitcoin trending later in the year to $ 20K.
The people who claim that bitcoin is a ponzi does not even understand the basic structure of ponzi schemes and i pity if anyone claims that and there were times i used to tell them to explain what they understand about finance and the different schemes and only by that way you could shut them down but if times goes on and more people have these stupid ideas without even understanding what bitcoin is, it is better to ignore them.
The price is not an indicator whether bitcoin is a ponzi, but the fundamentals of bitcoin.