“So, for what it is worth, be warned. If you have investments in crypto currencies, you are invested in a Ponzi scheme. At the end of this, for every winner, there will have to be the same amount of losers. The only way to not end up on the losing side is, to sell before everyone else does.”
Nico Metten, Blogger · Bitcoin since: +1,630%
As published by Libertarian Home
A little perspective.
Bitcoin on that day$4,632September 3, 2017
$100 at that price$1,730At our latest price check
Illustrative value using a Bitcoin price of $80,138, checked Oct 29, 2026, 1:23 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin – A Textbook Example Of Investing Psychology” — Nico Metten, Libertarian Home, September 3, 2017. Bitcoin: $4,631.7. https://bitcoindeaths.com/posts/2017-09-03-bitcoin-a-textbook-example-of-investing-psychology