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Looking at ROI(or any indicator alone) is possibly the worst way to spend your time, because it doesn't mean anything. It's such a poor idea that you aren't ev
by thiagooffm 9y ago
Looking at ROI(or any indicator alone) is possibly the worst way to spend your time, because it doesn't mean anything.
It's such a poor idea that you aren't even factoring the risks in. And can barely factor it, as it's bitcoin. What is the chance of this entirely thing breaking down tomorrow as people just give up believing on it? Big chance.
It's completely unusable. I can write a bash script which does more transactions than bitcoin on a calculator. The blockchain model it uses has no scale.
As soon as mining becomes more difficult and we hit close to 90% of the coins and use doesn't increase up(because usage didn't take off, like the prices), this is all worth 0.
Who has hit the jackpot is the one who sells before this ponzi scheme falls down and entered early enough.