Tulip mania on steroids and raised to an exponential level.
Will the last person stuck with Bitcoin please turn out the lights as they leave the building.
This is vaporware, no matter how many encryptions are bound up to protect what is essentially wish and hope.
I hope to move beyond just Bitcoin to the other coins, mining, etc...
BUT the reactions here to Bitcoin are so entertaining, I have posted BTC articles!
If anything, it tells you we are not in a bubble. The level of skeptics is still too high.
{Tulip_Mania * Steroids} ^3 + (hopium * wishfullness * Musical_Chairs)
Result:
It’s not a panic if you’re the first one out the door.
As an investment, I’d be careful about Bitcoin. But it has lots of potential as a medium of exchange as it gains acceptance. That’s the value of Bitcoin (and other cryptocurrency).
This is vaporware, no matter how many encryptions are bound up to protect what is essentially wish and hope.
As opposed to paper money whose value (thanks to the Gutenberg principle of letting printers go 24x7) is getting more worthless by the day..