François Chollet on Twitter: "The price of BTC is 100% disconnected from the utility it creates (to enable online payments for the crime economy). So we can't really say what price level it will or won't reach. It's 100% about hype and greed. There could be an even bigger hype bubble in a couple years.… https://t.co/40pn6puvVF"

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1. Dow‏Verified account @mark_dow May 23
  Replying to @fchollet
  
  1 like
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1. gbm‏ @gradient_boost May 23
  Replying to @fchollet @mark_dow
  
  It is difficult to model it
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1. Jackson Taylor‏ @AJacksonTaylor May 23
  Replying to @fchollet @mark_dow
  
  Lol are you stuck in 2013?
  
  2 likes
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1. Victoriano Izquierdo‏Verified account @victorianoi May 23
  Replying to @fchollet @mark_dow
  
  my theory is that it could become an infinite recurring Ponzi scheme that will never stop
  
  2 likes
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1. Carlos Salazar ‏ @sicarlosluis May 23
  Replying to @fchollet @mark_dow
  
  I'm agree with you about the btc price, but dollar has been use for crime economy too, or not?
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1. Marco Pegoraro‏ @pegoraro_marco May 23
  Replying to @fchollet @mark_dow
  
  It may literally go to 10 million and then to zero.
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1. edrr‏ @edrraagg May 23
  Replying to @fchollet @mark_dow
  
  It’s not totally disconnected because the higher the price the larger the spot volume is (in USD) the easier it is to transfer large amounts of money (without slippage) the better it is at being a payment system for the crime economy
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1. Francis McRyan‏ @francis_mcryan May 23
  Replying to @fchollet @mark_dow
  
  What if not a bubble but growth of a new asset class.
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