3 ms·

What are they going to do with $160M worth of bitcoins?

by RIMR 6y ago

nikolay 6y ago
HODL! Edit: Don't you have a sense of humor?!
- belval 6y ago
  HN as a community does not have a high tolerance for short reddit-like replies that could be considered funny. The general opinion being that it lowers the overall quality of the discussion.
  - nikolay 6y ago
    Well, sometimes a short reply like "HODL!" hodls (!) paragraphs of meaning.
    - RIMR 6y ago
      You're right, when I see "HODL!" I think: "This person is addicted to online gambling. 'Investing' doesn't involve screaming 'hold the line!' on web forums 15 times per day, it involves patience and confidence and research. This person is investing based off of internet memes, and is treating a highly volatile security as if it were some sort of get-rich guarantee, because they see a select few winners rise to the top, and ignore the numerous losers that never made a dime." Is that the kind of paragraph a reasonable person might extract when they see "HODL!"?
      - nikolay 6y ago
        Yeah, a form of a get-rich-quick scheme.
  - eroded 6y ago
    Have fun staying poor.
    - RIMR 6y ago
      If I had a Bitcoin for every time some crypto-gambler dropped this line on the Internet, I would have more than the maximum number of Bitcoins that will ever be minted. Everyone has a story about how Bitcoin could have made them a billionaire. Only like 2 people actually got that rich. You folks are playing the lottery. If you win, good for you, but everyone not gambling is still doing better than everyone gambling.
    - deleted 6y ago
      [deleted]
    - belval 6y ago
      I am puzzled by the meaning of your reply, what does HN guidelines have to do with my personal wealth? Unless you mean HN has a website will "stay poor" due to a lack of users in which case I highly recommend reading up on YCombinator and its founders.
TylerE 6y ago
Well, in a few months they'll have $100m of bitcoins. Maybe $50m.
- eroded 6y ago
  Lol!
tryptophan 6y ago
Waste their investor's money.
- deleted 6y ago
  [deleted]
lallysingh 6y ago
Probably some BTC-related payment experiments.
hossbeast 6y ago
Liquidity to facilitate taking customer payments in bitcoin?

What are they going to do with $160M worth of bitcoins?

by RIMR 6y ago

What are they going to do with $160M worth of bitcoins?

nikolay 6y ago

HODL! Edit: Don't you have a sense of humor?!

belval 6y ago
HN as a community does not have a high tolerance for short reddit-like replies that could be considered funny. The general opinion being that it lowers the overall quality of the discussion.
- nikolay 6y ago
  Well, sometimes a short reply like "HODL!" hodls (!) paragraphs of meaning.
  - RIMR 6y ago
    You're right, when I see "HODL!" I think: "This person is addicted to online gambling. 'Investing' doesn't involve screaming 'hold the line!' on web forums 15 times per day, it involves patience and confidence and research. This person is investing based off of internet memes, and is treating a highly volatile security as if it were some sort of get-rich guarantee, because they see a select few winners rise to the top, and ignore the numerous losers that never made a dime." Is that the kind of paragraph a reasonable person might extract when they see "HODL!"?
    - nikolay 6y ago
      Yeah, a form of a get-rich-quick scheme.
- eroded 6y ago
  Have fun staying poor.
  - RIMR 6y ago
    If I had a Bitcoin for every time some crypto-gambler dropped this line on the Internet, I would have more than the maximum number of Bitcoins that will ever be minted. Everyone has a story about how Bitcoin could have made them a billionaire. Only like 2 people actually got that rich. You folks are playing the lottery. If you win, good for you, but everyone not gambling is still doing better than everyone gambling.
  - deleted 6y ago
    [deleted]
  - belval 6y ago
    I am puzzled by the meaning of your reply, what does HN guidelines have to do with my personal wealth? Unless you mean HN has a website will "stay poor" due to a lack of users in which case I highly recommend reading up on YCombinator and its founders.

TylerE 6y ago

Well, in a few months they'll have $100m of bitcoins. Maybe $50m.

eroded 6y ago
Lol!

tryptophan 6y ago

Waste their investor's money.

deleted 6y ago
[deleted]

lallysingh 6y ago

Probably some BTC-related payment experiments.

hossbeast 6y ago

Liquidity to facilitate taking customer payments in bitcoin?