Post
Topic
Board Economics
Re: I think Bitcoin is the biggest bubble and ponzi in the universe or it isn't?
by
Oilacris
on 13/04/2021, 22:24:57 UTC
why I call it a ponzi     because late comers pay for the early adapters with their cost of bitcoin is almost nothing
in early days of bitcoin people just mine it for fun........

why I call it a bubble    have you ever seen any investment can start with almost nothing and went up all the way to over 60,000 dollar per coin  in a decade time?

even if you count it from $1 per coin  to over $60,000   that is over 6,000,000% return in investment 


what do you think?

may be it is just my silly thought....

please comment.    thank you.
Well, this is a forum and anyone could really make their own inputs or insights on various things and i cant say that you're totally wrong but saying on the other side of things
then no ponzi would really last up for a decade and with that alone you can tell that this isnt the same to those ponzi that you had known or experienced.

This is a revolutionary project which does focuses on decentralization and anonymity which should be enough for you to tell that this one isnt a ponzi.

It does have relevant usage which could the entire community would able to enjoy and this is what makes popular.