Posted On: 07/19/2014 3:10:17 AM
Post# of 776
Quote:
"Trouble started when people began speculating that the value of bitcoin would rise, thereby raising the demand for bitcoin and making the value-rise a self-fulfilling prophesy. In other words, what we witnessed recently in the bitcoin phenomenon fits the standard definition of a speculative bubble.”
http://www.coindesk.com/world-bank-report-bit...ing-ponzi/
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