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"it's not a bubble because the people at the top are doing very well and some people missed out" Fantastic argument!
by cylinder 9y ago
"it's not a bubble because the people at the top are doing very well and some people missed out"
Fantastic argument!
- seibelj 9y agoMy point is that HN will say it’s a ponzi / bubble / scam no matter what the value. First it was “it will go to zero”. Now the argument is “all the smart people already made money so don’t bother” but HN was saying that at $1k, $5k, $10k, etc. Maybe crypto is simply a better way to transact for many use cases. If we all agree it has value, then it does, and it’s really as simple as that.