12 Aug '17, 3pm

Bitcoin Spikes Over $3800 As Institutional Investor Interest Soars

Looney, pyramid schemes pay out dividends or commissions to entice more people to join. Bitcoin is an investment and does not pay out dividends. Returns are from capital gains. Pyramid schemes have no real business value. You can buy goods and service with bitcoins. Pyramid schemes are centralized systems. A con artist pulls the strings, collecting payments and paying out dividends. He can collapse the scheme anytime by running away with the money. Bitcoin is a decentralized system. The innovators (the early adopters are yet to happen) of bitcoin are unable to collapse the system even if they wished to. You are obviously just butthurt because you think you missed the boat. But the truth is, you can still get in now and make out like a bandit, or you can hold and start planning your retirement.

Full article: http://www.zerohedge.com/news/2017-08-12/bitcoin-spikes-o...

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