Cryptocurrencies: 27289
Markets: 108940
Market Cap: $3,811,914,659,354     
24h Vol: $95,467,003,561
Seeking Alpha 2021-02-11 21:21:04

The Yellow Bitcoin Road To Nowhere

There is no scarcity value - there are thousands of perfect substitutes for Bitcoin.There is no use case for Bitcoin, making it worthless.Institutional investors' interest is largely exaggerated and likely only speculative.Even if Bitcoin were widely adopted as an asset, prices are set on the margin. Prices will revert to near $0, even if everyone bought Bitcoin right now, pushing prices up in the meantime.While the upside is theoretically higher than the downside, which is true of every single gamble, the risk-adjusted return is still dismal as the expected return is negative 100%.
esptco-banner img

Videos
  • What are Blockchain Forks? Hard Fork Vs Soft Fork!

  • ASIMI: What is Asimi Coin?

  • What is a Shiba Inu Coin & How Does it Work? Simply Explained!

  • What is an ICO, IEO, STO, IDO? Which one is the Best?

Our Partners