As a phenomenon bitcoin has all the attributes of a pyramid scheme, requiring a constant influx of converts to push up the price, based on the promise of its use by future converts. So the ultimate value for bitcoin will be the same as all pyramid schemes: zero.
Find the best exchange to buy Bitcoins
Latest posts by Ofir Beigel (see all)
- Best Ethereum Wallets (2017 Update) – 5 Options Reviewed - April 25, 2017
- “The Rise And Fall Of Bitcoin (And The New Kid On The Blockchain)” – Forbes | $1234.36 - April 20, 2017
- BitPanda Review – Buy Bitcoin with Skrill, SEPA or a Credit Card - April 18, 2017