[justjim]

Originally Posted by Cuervo

I know lots of people made a lot of money and lots of people also lost a lot of money.
I'm one of those who believe it the old idiom, "If it sounds too good to be true it usually is".
To me this sounds like a pyramid scheme on steroids.
Though the dollar does not have the supporting value it once had, it still does have value.
Bitcoin's value as I understand it is based on demand, which means if the demand diminishes so does the value.

You are spot on.