Post
Topic
Board Economics
Re: I think Bitcoin is the biggest bubble and ponzi in the universe or it isn't?
by
Dusang1998
on 17/04/2021, 14:20:10 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.
for now it is, will see how willl stand in few years from now, new currencies are growing. Lips sealed