Post
Topic
Board Speculation
Re: OK my apology Bitcoin is not a PONZI but I still call it a huge bubble
by
sheenshane
on 16/04/2021, 15:35:16 UTC
please accept my apology for calling bitcoin a ponzi scheme

but I still call it a huge bubble
It seems like your apology isn’t sincere and you just meant to add fire.  Big bubble and Ponzi scheme are still connected on how you say it even though they had totally different meanings.

Just to let you know, pioneers already knew about how Bitcoin works and the bubbles that you've said are expected beyond what you know.  Besides, we studied a lot before we came in that’s why we know how this stuff works.

Going back, it might you'd to study how currencies started and how much risk they have to bubble.  It’s actually almost more than Bitcoin when it comes to possibility.  One last thing, Bitcoin is a more secured investment to be honest, as it is being backed by mining compared to currencies being backed by trust?  Like who would trust that.