(I have money on cryptocurrency as almost half a billion people does just I’m sick of checking the latest result so I’ll commit myself not to look it until next three months even if it crashes or North Korea bombs everywhere, Idunntcare! )
Do I need to send all those money that you’ve just transferred to exchange platform (bittrex, binance, bitpanda bitblabla bitflala)
Of course not!
Then why do I send? Probably to earn more, it’s a hype everybody knows it, but unless there’s a considerable dropout or cancer risk, I’ll keep throwing more money because of my hunger to chance to earn more from what we have.
I’m not saying you should do something about it, no maybe it’s the best thing ever because we can perhaps categorise people with their attitude towards such a devil’s toy like gambling.
Gambling is not gambling for gamblers because they know statistics and implications etc. But at the end, the result will be hatched by luck!
But I believe it’s more like a Ponzi Scheme where it’s a bubble it will end up being lowered by people who bloat it up. Although first kick starters are still not known, I’ve come across with this essay which explains first shots of BTC when it was just a baby and dates are going back to 2013 – 2014 …
Maybe BTC doesn’t need any other kick what about others!!
Ref : https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwjw1I-lh8HYAhWCBSwKHaIGAnsQFggqMAA&url=http%3A%2F%2Fweis2017.econinfosec.org%2Fwp-content%2Fuploads%2Fsites%2F3%2F2017%2F05%2FWEIS_2017_paper_21.pdf&usg=AOvVaw3CT2sUv5kvVd6zTgV-Gn0S