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A comment on Bitcoin study: Period of exclusivity encourages early adopters. Parent comment

Re:Bitcoin study: Period of exclusivity encourages early ado... by TylerE on Thursday July 13, 2017 @09:36PM (#14766782)
Wealth isn't being created. For every person getting rich there's someone else buying in at the current price which is.... euphoric for a "digital commodity" with no inherent value.
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Re:Bitcoin study: Period of exclusivity encourages early ado... by ahartman00 on Friday July 14, 2017 @05:18PM (#14773269)
"The greater fool theory is the theory that states it is possible to make money by buying securities, whether overvalued or not, and later selling them at a profit because there will always be someone (a bigger or greater fool) who is willing to pay the higher price"

http://www.investopedia.com/terms/g/greaterfooltheory.asp

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Re:Bitcoin study: Period of exclusivity encourages early ado... by Frogolocalypse on Friday July 14, 2017 @03:01AM (#14768082)
The same logic could be applied to any forex purchase.
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Re:Bitcoin study: Period of exclusivity encourages early ado... by TylerE on Friday July 14, 2017 @03:22PM (#14772447)
So? Forex is gambling.
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Re:Bitcoin study: Period of exclusivity encourages early ado... by Frogolocalypse on Friday July 14, 2017 @08:54PM (#14774433)
what you call gambling other people call liquidity.
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