After figuring out how the mining works, that it becomes increasingly more difficult obtain, wouldn't that just cause the price to keep on increasing, like it will never stabilize and outside of the speculative fluctuations, the price will always continue to rise and the guys who set it up and invested early sit on an asset that will continually appreciate in value. The distribution won't ever be even and prices will never stabilize for it to be an viable currency for trade. So the guys who created bitcoin really made a Ponzi scheme for themselves as the price is always set to rise due to the increasing mining difficulty
Please do a search before making posts like this. Your assertion has been proven wrong a hundred times already.
Look up the definition of a Ponzi scheme (but not the investopedia version because it is confused). This one is good:
http://en.wikipedia.org/wiki/Ponzi_schemeBitcoin is not that.
Cased closed.
You might consider Bitcoin a pyramid scheme, but then you would have to apply that label to any asset with limited supply, such as real estate or gold.
Also, the cost of mining does not affect the price of bitcoin. because the supply of bitcoins is independent of the cost of mining.