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re: Why bitcoin is worse than a Madoff-style Ponzi scheme
Posted on 12/23/21 at 5:34 am to go ta hell ole miss
Posted on 12/23/21 at 5:34 am to go ta hell ole miss
quote:Every Wall Street "expert" would sell their children to the zoo if they could match that.
Seems like a very drastic decline in Bitcoin gains based on that chart. Would next year’s expectations be in the 20-50% range?
1
Posted on 12/23/21 at 8:18 am to tigerpawl
quote:
Every Wall Street "expert" would sell their children to the zoo if they could match that.
Which has absolutely nothing to do with my statement. It’s an observation of how far we are in the wealth generating cycle, which based on the chart appears to be pretty far into the cycle and moving to more ordinary type returns with each passing year for Bitcoin. It’s also a question about next year’s expectations. If this is true then I think as Bitcoin slows in percentage gains things like SOL and LUNA will be the ones to run massively and further solidify the utility of Bitcoin and crypto as being far from anything close to a Ponzi scheme.
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