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re: Oh No, Bitcoins Trading <$100...

Posted on 5/2/13 at 8:41 pm to
Posted by joshnorris14
Florida
Member since Jan 2009
45277 posts
Posted on 5/2/13 at 8:41 pm to
quote:

id shite myself if my networth was in bitcoins and swung 15% in either direction in a day


Imagine the geeky early adopter who's seen his bitcoins from being worth a few cents to $266.
Posted by TigerDeBaiter
Member since Dec 2010
10268 posts
Posted on 5/2/13 at 8:49 pm to
Yes, getting in early on a Ponzi scheme can be advantageous.
Posted by LSURussian
Member since Feb 2005
126968 posts
Posted on 5/2/13 at 10:28 pm to
quote:

Imagine the geeky early adopter who's seen his bitcoins from being worth a few cents to $266.
It works both ways.
Imagine those bitcoinistas who were gullible enough to buy at $266 and tonight see it down to $98 as I type this having seen their "currency" lose over 60% of its purchasing power in three weeks.
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