/biz/ - Business & Finance

>>3834666

>>3834666
just like any type of goods on our planet

>>3834666
https://pastebin.com/ZUxTmR99
2. GOLD EXACTLY SAME A PYRAMID SCHEME AS A BITCOIN BUT ALREADY ABSORB ALL IN

Why do you think people buy gold or silver? It's not to use it themselves. They just want to resell it at a similar or higher value.

>>3834666
>The price only rises if more people pay more money for this shit
so like literally anything on the planet?

persuasive argument

>>3834666
Wow, you must be genuinely retarded, anon.

>>3834666
ponzi here ponzi there
the whole world is a ponzi sceme buy or die u fucking faggot

>>3834666
>When will this scam end?
...said the increasingly nervous nocoiner

>>3834858

>>3834681
fpbp

It doesn't end until the FBI loots the deepest wallet.

>>3834666
you can't cash out or spend your entire investment from a ponzi at anytime faggot

I guess everything we buy is a Ponzi scheme. I don't think gas should be worth what it is, but people still buy it. Milk went up 10 cents? Motherfucking Ponzi scheme with all their pasteurization shilling. Bread? Fuck that scam food.

I bought lots of bitcoin in 2013-2014 but I never kept any of it, always spent it immediately.

>tfw get punished for using bitcoin as a currency rather than a get rich quick scheme

>>3834666
No. The definition of a Ponzi scheme is not "the price only rises if more people pay more money". That definition would include gold, stocks, etc.

Ponzi schemes require fraud. There is no centralized group driving or uniquely benefiting from bitcoin's growth. Furthermore, If bitcoin is hypothetically distributed to enough people, the price should stabilize.

>>3834666
you don't even know what a ponzi scheme is. 11/10 bait mate.

>>3836029
>There is no centralized group driving or uniquely benefiting from bitcoin's growth
What is Bitcoin core

>>3834666
If demand increases then price increases. That's not a Ponzi scheme, that's how fucking economy works. You forgot to throw a "muh tulip mania" in there

>>3836029
>There is no centralized group driving or uniquely benefiting from bitcoin's growth.

t. Adam Back

>>3836928
>>There is no centralized group driving or uniquely benefiting from bitcoin's growth.
>t. Adam Back

you're a... and i mean this..A FUCKING CUM GUZZLING IDIOT!

do you have any idea who that is? the only person sited both on the Bitcoin and the TOR white papers.

LITERALLY KILL YOURSELF FOR BEING THIS RETARDED

>>3835960
My take is bitcoin is not as successful as a currency today as it is a store of value.

>>3834666
>The price only rises if more people pay more money for this shit.

That's stocks m8

BTC could be worth nothing and i'd still pay you USD for 1

I feel like BTC is overvalued as fuck. Its true value is as an untraceable, anonymous currency, but how many people actually use it for that as opposed to merely buying in to in as an investment and not putting it to any use? Its a bubble and im not touching it with a 10 foot stick.

>>3837817

And now you realise how cheap Monero is.

>>3837817
This, number of transactions is actually in decline.

>>3837045
i know who he is, no2xcuck

>>3834666

It's a speculative bubble not a ponzi scheme you dunce.

>mark of the beast get

ayy lmao

By your definition, when I harvest my rice and sell it to people, that's a ponzi scheme.

Aka you're retarded.

>>3835960
>tfw you spent all your bitcoins on drugs immediately and now you're broke with an opiate problem and residual eye twitching from etizolam abuse

>>3834666
Please look up the general returns (charts) for a ponzi scheme and compare it to bitcoins chart

If you’ll still tell me that it’s a ponzi scheme i’m afraid you’re beyond help