That's not rational though. There's been no rational reason to think bitcoin can yield those returns. You're talking about a 10000% return on investment.
There is no investment in human history that works like that.
There is no investment in human history that works like that.
Sure there is. Just none that is not also extremely likely to fail.
The obvious example would be a lottery ticket.
Oracle has returned around 80,000% since IPO. Dell, Cisco, Microsoft, AOL, numerous others all pulled a greater than 10,000% return post IPO.
Las Vegas Sands managed around a 7,000% return from the 2009 bottom to recent top.
What do you suppose Andy Bechtolsheim's $100k check / investment into Google returned?
There are in fact plenty of examples in recent history of extraordinary returns on par with or far exceeding that 10,000% level.
I am not saying it is rational I am just saying you are wrong :)
Also, every successful startup ever has had those kinds of returns at some point. So I suspect you are only considering traditional or stable investments, like post IPO stock or whatever.
Satoshi may disagree with you