Topic: Sunk in the South Sea by Chinese iceberg - page 2. (Read 2589 times)
Good god that's the dumbest graph overlay I've ever seen.
Bitcoin is definitely a stock so this is an apt comparison! Good job OP you are a bona fide genius!
wha happened to the crash. which sons of biscuits is buying? caveat emptoris! who is buying now is going to lose big.
yeah funny that the author put two graphs that don't look similar at all, besides that both are of growth, and concludes things from that 
take any exponential graph now, for example - number of people on earth - it would be even more similar!
but nobody is running around crying "humanity is doomed". well, some crazies are, but the general consensus is it will last a while, given food production advancements...
take any exponential graph now, for example - number of people on earth - it would be even more similar!
but nobody is running around crying "humanity is doomed". well, some crazies are, but the general consensus is it will last a while, given food production advancements...
Actually, he liked that the "price" was the same. Especially that it crashed right after $1000.
You know, I'm gonna say that if 50 countries went bankrupt simultaneously that bitcoin might not fare so well either. That's kind of the way it works with things that aren't a necessity in hard times.
yeah funny that the author put two graphs that don't look similar at all, besides that both are of growth, and concludes things from that
take any exponential graph now, for example - number of people on earth - it would be even more similar!
but nobody is running around crying "humanity is doomed". well, some crazies are, but the general consensus is it will last a while, given food production advancements...
take any exponential graph now, for example - number of people on earth - it would be even more similar!
but nobody is running around crying "humanity is doomed". well, some crazies are, but the general consensus is it will last a while, given food production advancements...
You mean that you can find things that failed their adoption curve? No way...
"She's going down by the head cap'n". Check this out comparing btc to the South Sea bubble. South Sea stock had a meteoric rise like btc and promptly fell 90%.
http://www.mebanefaber.com/2013/11/26/bitcoin-vs-south-seas-stock/
Waiting for $100 to buy some btc yip yip
http://www.mebanefaber.com/2013/11/26/bitcoin-vs-south-seas-stock/
Waiting for $100 to buy some btc yip yip
Jump to: