Three Reasons why Bitcoin is Programmed to Pump



I saw an article online and it was well articulated about Bitcoin being programmed to pump.

I made a video about it. Highlighting the view of the writer.

Despite non-stop criticism, obituaries, and competition from altcoins, Bitcoin has undeniable advantages — ensuring that its value will keep rising for decades to come.

It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy.

Satoshi Nakamoto, 1/17/2009

Here are the reasons

1. The Hard Supply Cap

2. No One is in Control

3. The Lindy Effect

Comments

Popular posts from this blog

Four Events that will trigger the next Global Financial Crises

When the Game is Rigged, you don't have to Play by the Rules