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Wikileaks makes 50000% return on Bitcoin
- Waterluvian 9y agoHow much coin did they hold?
- noitsnot 9y ago5 million percent is meaningless to me unless its realized gains at this point.
- shubhamjain 9y agoAt every new high, I am advising people who own Bitcoins to sell it because the crash is inexorable and its better to exit with a handsome return but Bitcoin surprises me time and again. It crashes but bounces back soon enough. I wonder what will be the point when people realise that thousands of dollars for what is essentially a reward for finding a meaningless number just doesn't make sense.
- Js22 9y agoI understand why they do it. Cows do what the cows around them do. How can you warn a cow not be a cow, is what I don't understand?
- yest 9y agoyou are talking about yourself - you don't get new tech, you keep doing what others do. If some group of people is doing something weird like `mine virtual currency` you say wtf is that? If I can't touch it, it aint there. Keep it on buddy
- whamlastxmas 9y agoThis is a pretty ridiculous way to look at it. Bitcoin holds value for a lot of obvious reasons.
- zzalpha 9y agoThose reasons being...?
- guidopallemans 9y agoThat it holds value. Why does cash hold value? Because it has value. Just like Bitcoin
- zzalpha 9y agoFiat currency holds value because (among other reasons): 1. It's used by a sovereign government as a means of receiving tax payments. 2. It's a common medium of exchange for products and services. Neither of these things is true of Bitcoin. I invite you to try again!
- yest 9y ago>I wonder what will be the point when people realise that... ...Bitcoin is a true tech revolution bigger than Internet. You can transfer unlimited wealth in a matter of seconds to anyone anywhere without knowing who he is or need to trust some usurers or beg for permission from some govt. But I guess you will be one of the last to understand it. You already gave a lot of bad advice to your friends and caused them to lose money, keep doing that
- xiphias 9y agoIf I would have listened to people who ,,advise me'x financially without taking risk himself, I would be broke. If you're so sure of your knowledge about the crash, you can short Bitcoin, and start advising selling it _after_ you are in a short position (and make a lot of money at the same time)
- deleted 9y ago[deleted]
- gervase 9y agoSome context: - Last traditional donation account frozen Dec 2010 - Started accepting Bitcoin Jun 2011 Address history: https://www.blocktrail.com/BTC/address/1HB5XMLmzFVj8ALj6mfBsbifRoD4miY36v https://www.blocktrail.com/BTC/address/1HB5XMLmzFVj8ALj6mfBs...
- jayess 9y agoThat site blocks me because I use a VPN. https://blockchain.info/address/1HB5XMLmzFVj8ALj6mfBsbifRoD4miY36v https://blockchain.info/address/1HB5XMLmzFVj8ALj6mfBsbifRoD4... 4,024.99113737 BTC 4024 x 5628 = $22,647,072
- labster 9y agoDear world, please stop using percent with values > 200. 500x return is much clearer than 500000%, or however many zeroes the headline has. Thanks.
- noitsnot 9y agoIt would be nice if we didn't quote tweets as news, also.