Re: PETER SCHIFF IS RIGHT... All Ponzi Schemes eventually FAIL even BlockChain Ponzi
• First Peter Schiff was right,
• Then, we Bitcoin people were right;
• Now, Peter Schiff is right again.
The inconsistency in your ideas and opinions with tweets from people or price actions shows you should not invest in Bitcoin at all, and that's perfectly fine.
Not everyone needs to invest in Bitcoin.
A pomzi scheme, functions similar to a pyramid scheme, where a central authority lures investors with the incentive of profits, which are gained from earlier investors.
Bitcoin is an asset which appreciates in value over time with more adoption and popularity, just like stocks of public companies and many other assets. Bitcoin also has utility besides buying and selling as it allows borderless P2P transactions between users
There is no central authority or promise of profit.
• Then, we Bitcoin people were right;
OMG, You guys were right about BitCoin price going up 
I wish I had bought in back in march 
I wish I had bought in back in march • Now, Peter Schiff is right again.
The inconsistency in your ideas and opinions with tweets from people or price actions shows you should not invest in Bitcoin at all, and that's perfectly fine.
Not everyone needs to invest in Bitcoin.
It does not matter if a Ponzi Scheme is based on Tulips, Based on Chain Letters, or Based on Blockchain. No matter what method you use to run a PONZI SCHEME... Nothing changes the fact that BitCoin has zero intrinsic value, is a PONZI and will collapse like every PONZI in history.
People throw the word 'ponzi' around, without understanding what it actually is.A pomzi scheme, functions similar to a pyramid scheme, where a central authority lures investors with the incentive of profits, which are gained from earlier investors.
Bitcoin is an asset which appreciates in value over time with more adoption and popularity, just like stocks of public companies and many other assets. Bitcoin also has utility besides buying and selling as it allows borderless P2P transactions between users
There is no central authority or promise of profit.