Posted by Ken C on May 26, 2025, 1:57 pm, in reply to "It is backed by NOTHING. It is only the Greater Fool Theory in action." It's worth about 5 or 10 times as much as it was five years ago. https://en.wikipedia.org/wiki/History_of_bitcoin#Prices_and_value_history Most investments have some risk. The most profitable investments have more risk. Message Thread Some people who used to condemn BITCOIN are now recommending it. - Ken C March 15, 2021, 5:50 pm Re: Some people who used to condemn BITCOIN are now recommending it. - Aiden Butler May 25, 2025, 9:05 pm It is backed by NOTHING. It is only the Greater Fool Theory in action. - DFM May 25, 2025, 9:17 pm I wish I bought it the first time you criticized it. - Ken C May 26, 2025, 1:57 pm Understand that it can drop to ZERO at any moment. - DFM May 26, 2025, 6:50 pm Read "Extraordinary Popular Delusions and the Madness of Crowds" - DFM March 18, 2021, 9:53 pm « Back to index
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