4 ms·

Why would it ever be late to get rich if it's not a bubble?

• mavdi 9y ago
  I think the price will stabilise at some point with small fluctuations (just like gold). So soon you won't be able to make money from buying in early.
  • singularity2001 9y ago
    no the price can't stabilize. Its hyper-deflationary by Design. it will either go way up or completely down.
    • mavdi 9y ago
      Fair enough :) You should write a long educated article about it!
    • popol12 9y ago
      yes, just like gold, right ?
  • rsynnott 9y ago
    > I think the price will stabilise at some point with small fluctuations (just like gold). Have you ever looked at the price history of gold in inflation-adjusted terms? That is VERY much not what gold does.
• bryanrasmussen 9y ago
  Well the industrial revolution was not a bubble, but it's pretty late in general to get rich at the industrializing your local handy-crafts. Not that I have an opinion on Bitcoin not being a bubble.
  • gspetr 9y ago
    > it's pretty late in general to get rich at the industrializing your local handy-crafts. In general, yes. But now you can get rich when you deindustrialize: http://instapaint.com/ http://instapaint.com/