The S curve is a good tool to show growth of companies. Bitcoin is not a company. It has no earnings, and never will. It is impossible to value other than using the "greater fool theory." If usage for purchases go through the roof, how does that make it more valuable? Pure Ponzi. I would like to know how it isn't if you think it isn't. Thanks.
Once it has some sort of utility, which it does not now, it can start on the curve. Right now we only have a ponzi scheme. No one actually purchases anything. Miniscule amounts by groupies.
The S curve is a good tool to show growth of companies. Bitcoin is not a company. It has no earnings, and never will. It is impossible to value other than using the "greater fool theory." If usage for purchases go through the roof, how does that make it more valuable? Pure Ponzi. I would like to know how it isn't if you think it isn't. Thanks.
Once it has some sort of utility, which it does not now, it can start on the curve. Right now we only have a ponzi scheme. No one actually purchases anything. Miniscule amounts by groupies.
i'm new to the whole crypto thing... when you're talking bitcoin in this article, do specifically mean Bitcoin or cryptocurrencies in general? Thanks