Quote from: pealr12 on Today at 06:04:15 PM

Quote from: rc4739 on April 12, 2021, 03:40:53 PM

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.

And have you ever seen a bubble that lasted a decade? If you think btc is a bubble that will soon burst then tell me how many bubble or ponzi have you seen that lasted a decade? If you can find out and while you are at it take some time to ponder if btc is ponzi why institutional investors and companies like PayPal, Greyscale, Tesla, and others are part of it,
I don't think this reputable companies will have anything to do with ponzi.

Right. Big companies won't suicide having to interfere with only ponzi or bubbles because it's only a big waste of time. They must have seen the high potentials of bitcoin because they trusted in it and now, bitcoin is still leading the crypto market. There's no ponzi like bitcoin who's still up in the market after 10 years of existence.