[mihaic]

After so many cycles, Bitcoin has become one of the most respectable pyramid schemes available to the general public (only behind real estate speculation maybe).

I think we'll see another even worse cycle unfortunately within the next 10 years.

[pessimizer]

At least it may have peaked before we got to the point where we had 15 "Flip this Token" shows airing on the Bitcoin & Garden network.

[triceratops]

Real estate has at least one thing going for it: you can live in a house.

[prottog]

Not only can you live in a house, literally every economic activity requires land on top of which you set up your capital and perform your labor. It's not the same thing at all as Bitcoin.

[mihaic]

Yes, it's not called "imaginary estate", but even practical things can be speculated.

I'm sure I would pay $500 per month for internet or drinking water for instance, but in general this type of rent-seeking behavior is not good for the economy.