Post
Topic
Board Economics
Re: I think Bitcoin is the biggest bubble and ponzi in the universe or it isn't?
by
Lanatsa
on 14/04/2021, 22:07:49 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.
This isn't something that typical triangle scheme or simply a ponzi where people who are on the top are making out money which does simply shows the structure of a ponzi.

Try to look and figure it out this market first before making some conclusions for it to be a ponzi.No it isn't and this market wont really make this big if people do find it out in the first place

or does have that kind of impression.People had trusted up much this project which I cant really blame them off and recognition is on the move and this isn't
something that you can see with those obvious ponzi scams.