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>the main concern you ought to have in your calculations is bitcoin being killed by a government or a competing service that offers the same and better benefits
by bcbrown 13y ago
>the main concern you ought to have in your calculations is bitcoin being killed by a government or a competing service that offers the same and better benefits that using bitcoin does. Very different from SatoshiDice.
Those seem pretty unpredictable to me.
- Jach 13y agoYes, it's hard to predict and the odds change every day, which makes it quite different from SatoshiDice or any casino game where the odds and rewards are in full display. It's also hard to predict which company is going to be the next Google and not get killed from the outside by a patent troll or would-be competitors who use the government to hammer down any new competition or something else, but a lot of VCs still make money regardless. I certainly wouldn't suggest anyone put all their eggs into the bitcoin basket, but mine and others' best guesses on the odds indicate the risks don't outweigh the potential rewards.
- vbuterin 13y agohttp://en.wikipedia.org/wiki/Ludic_fallacy http://en.wikipedia.org/wiki/Ludic_fallacy
- deleted 13y ago[deleted]