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Exactly! Which doesn't make it a Ponzi. And you buying 1 Bitcoin (for $5600) doesn't change the price one bit, at all. For that you have to buy more than 1800 coins a day. The number of newly mined coins each day (inflation). This in contrast of you buying one share IBM (fixed supply).

It’s all about entrepreneurship. Just the same as so many entrepreneurs around the world trying to build on an already existing idea (say Facebook) giving it another twist and some added features and market it. Some will succeed to eat some part of the pie, but most looses money and those...

Nobody, means nobody. Of course that includes me as well.

That's BS. I do not get paid anything if you buy 1 Bitcoin. Just the same as I do not get paid by you if you buy an IBM share. By the way: the IMF has research that fraudulent-Ponzi idea already, and concluded that Bitcoin doesn't fall in that category (otherwise it would have been brought to...

That of the EU is from this Summer, and tells just the same! Bitcoin is too early and too complex for criminals, and a bad choice by it's semi-anonymity (FBI told that they liked it if it was used: tracking the blockchain).

Your prejudices are contradicted by the facts! All the major institutions: EU, IMF, FBI and Central banks have researched bitcoin criminal use. And all conclude that it happens but it's relatively to other assets very rare!. Just see what the BankOfEngland and the EU said:

No, joking.... because Pekelo is a Bitcoin troll/skeptic from 2013. But recently his stance is more moderated. I would be very surprised if he really buys some Bitcoins now...

This is why "Hodler" (written the wrong way) is a thing among my friends in the Bitcoin world. We buy and hold, and understand that its inherent volatility isn't important for technologies/innovations with an S-curve. With this knowledge I sleep very well, also. I myself bought at $100 and at...

You are joking, right?

You should educate yourself before posting...

More likely: 6,200 3,000 5,000 4,000 7,500 5,000 10,000

Pfff...nobody beliefs you. Also: it was never a gamble for me: just a calculated certainty (Metcalfe's law, network effect) of an S-curve.

No, "we" not you. You will left behind...

No, S for Sumptuous

No not at all. Bitcoin (or crypt currencies in general) will have an S-curve, not a Bell-curve.

Buy the way: I have heard that Goldman is working on a crypto trading desk for 3th quarter 2018. That would be an eye opener for many :-)

The years 2014 and 2015 were huge bear markets! Bitcoin dumped from $1200 to $150. But we still kept trading and believing it. Many bought hugely ending 2015 on $200. Bull market started just after that and will not end until 2021. My guess is that we will see $20000.

From 2013 (that's 4 years) there is a huge traders scene. Only a few here on ET, but that changed last year and will become bigger and bigger. It very well applies to this post especially because the OP likes to know/learn from others doing the "unbelievable". And, as you say yourself, crypto...

There are here on ET several Bitcoin freaks (their posts you don't see in the "new posts" section, but in the thread: Cryptocurrencies). Some already posted in 2011. I started posting about Bitcoin from 2013 when Bitcoin was at $100. It's not that rare....

IB has an infrastructure for Forex very tightly integrated into the clients budget/margin administration. You don't trade forex-contracts with IB but instead swap/move your EUR-budget to JPY-budget. Using the infrastructure they already have would mean that Bitcoin should be handled like a real...