Post
Topic
Board Economics
Re: I think Bitcoin is the biggest bubble and ponzi in the universe or it isn't?
by
rc4739
on 13/04/2021, 00:10:49 UTC
can you just tell me   which investment in this world can up 60000 fold in just  ten years
and is it for real?

but bitcoin did it..

when the price of a single bitcoin reach par with the dollar on 2011 and it's now trading at over 60,000 dollar

if you don't call it a bubble   then what you call it?   a miracle?


many buyers of bitcoin nowaday doesn't seems to know that
they just want to make a quick profit out of it

also if you look at the trading pattern  most people just buy a small amount of it   

the volume looks like this

0.001
0.018
0.008
0.005

just a few hundred dollar mostly     no serious buyer outthere

and the so call bitcoin exchange outthere     they execute the buy and sell order by matching it and  then cancel it out
before put it into the blockchain so that it looks like the transaction is in real time but actually it isn't

YOUR TRANSACTION NEVER APPEAR IN THE BLOCKCHAIN