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"with no fundamentals whatsoever" It's a sad state of the HN community that this post isn't already downvoted into oblivion. edit: Oh look, a throwaway accoun
by agorabinary 9y ago
"with no fundamentals whatsoever"
It's a sad state of the HN community that this post isn't already downvoted into oblivion.
edit: Oh look, a throwaway account!
- missandei 9y agoWouldn't you agree that probably 90% of the current price is driven by FOMO and people putting money in bitcoin because "it's rising" or "my friend doubled his money while sitting on the toilet, so ill buy some of it" ? There are other currencies with vastly superior usage properties (for example ethereum), for which I could understand an investment based on the fact they might actually be adopted as infrastructure
- golergka 9y agoNo. I'm constantly buffled how HN audience completely misses the fact that Bitcoin is nowadays used in most of street-level drug transactions that give it most of it's liquidity.