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A comment on Ask HN: What similarities might the crypto market have with the dot com bubble?. Parent comment

Re:Ask HN: What similarities might the crypto market have wi... by cylinder on Wednesday December 27, 2017 @12:23AM (#16013036)
"it's not a bubble because the people at the top are doing very well and some people missed out"

Fantastic argument!

[ Parent | on HN ]
Re:Ask HN: What similarities might the crypto market have wi... by seibelj on Wednesday December 27, 2017 @12:32AM (#16013080)
My point is that HN will say it’s a ponzi / bubble / scam no matter what the value. First it was “it will go to zero”. Now the argument is “all the smart people already made money so don’t bother” but HN was saying that at $1k, $5k, $10k, etc.

Maybe crypto is simply a better way to transact for many use cases. If we all agree it has value, then it does, and it’s really as simple as that.

[ Parent | on HN ]