Post
Topic
Board Speculation
Re: You guys don't get it - Bitcoin will act like a Ponzi scheme until Dec 2012
by
fastandfurious
on 13/12/2011, 08:33:08 UTC
high inflation? 25% APR is tiny considering how new bitcoin is.  Most disruptive technologies fail. But the ones that don't fail, usually grow a lot faster than 25% APR in the first few years.  

Bitcoin today is not that tiny. The total market cap of Bitcoin is around 24 million dollars at this exchange rate. And the inflation is 33% not 25%.