Bitcoin, or The 4 Main Stages of a Bubble(en.wikipedia.org)
en.wikipedia.org
Bitcoin, or The 4 Main Stages of a Bubble
https://en.wikipedia.org/wiki/File:Stages_of_a_bubble.png
2 comments
http://upload.wikimedia.org/wikipedia/commons/1/1f/Median_an...
I'm surprised so many people in the tech community have fallen for this Ponzi Scheme.
For example, many heard about "some guy bought a $25 pizza with 10,000 bitcoins", but no one has thought about what this means. It means someone now has that 10,000 "coins" (which is close to 2'000,000).
This also means someone had this amount (and possibly much more).
And, finally, no one questions who posseses the first "coins".
That's why the creator is anonymous.
Just my 2 cents.
For example, many heard about "some guy bought a $25 pizza with 10,000 bitcoins", but no one has thought about what this means. It means someone now has that 10,000 "coins" (which is close to 2'000,000).
This also means someone had this amount (and possibly much more).
And, finally, no one questions who posseses the first "coins".
That's why the creator is anonymous.
Just my 2 cents.