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HN in 2010: don't touch bitcoin. HN in 2019: it's Dutch Tulip Bubble! (in the midst of the next bull run) Meanwhile, those who followed contrarian advice did
by devereaux 7y ago
HN in 2010: don't touch bitcoin.
HN in 2019: it's Dutch Tulip Bubble! (in the midst of the next bull run)
Meanwhile, those who followed contrarian advice did great.
It feels like Slashdot calling the iPod lame.
Sometimes, it's not irrationality, but a true change.
- geezerjay 7y ago> Meanwhile, those who followed contrarian advice did great. ...except everyone who did not. "Bitcoin crash: This man lost his savings when cryptocurrencies plunged" https://money.cnn.com/2018/09/11/investing/bitcoin-crash-victim/index.html https://money.cnn.com/2018/09/11/investing/bitcoin-crash-vic... Some people do great in pump-and-dump schemes, and they keep pumping even when everyone got fleeced.