Re: Does Google really not get it? (clicking ads)
So, who clicks ads? Probably bots and scam networks, or even competitors with no intention of buying, but driving up their competitor's advertising costs.
Why do companies pay for the ads? Well, someone is clicking them, so it must be working right?
It's the same with the Bitcoin bubble. Why did the price go up? Because people kept saying the price would go up, so more people bought bitcoin, driving up the price. Then when people stopped seeing their returns, they sold off/stopped buying, lowering the price, priming it for a nice price increase, assuming people start buying bitcoin again in the anticipation of increased prices.
I could go on, but you see the pattern, right?