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I personally feel this is another BTC holder trying to raise the value of his investment by attracting more attention to Bitcoin and crypto currencies.
by vecinu 13y ago
I personally feel this is another BTC holder trying to raise the value of his investment by attracting more attention to Bitcoin and crypto currencies.
- aosmith 13y agoI don't hold that much BTC (<100 BTC). Honestly think the best uses are in the third world where "bad" money is more prevalent.
- cheesylard 13y agoSince you said <100 BTC and not <10 BTC I'm gonna assume you have at least 10. Which is a lot.
- aosmith 13y agoIt's much closer to 10 BTC right now than 100. I am a miner who liquidates frequently.
- asperous 13y agoDoesn't that show your Bias? If you are a miner you have huge amounts of money invested in sha-256 specific ASICs. Perhaps ten of thousands of dollars worth. Also by inflating the value of btc you hope to gain more money per liquidation.
- aosmith 13y agoMost of my hardware is already paid off. My effective cost per BTC has been well below market prices. Sure I have continued revenue to gain, but I'm only in this position because I believe in bitcoin and want to see the world become a better place.
- deleted 13y ago[deleted]
- deleted 13y ago[deleted]
- Aqueous 13y agoAt this point I really don't think a single blogger has all that much effect. What's going on here is being driven by forces much larger than this blog post.
- aosmith 13y agoNope, and that's not my intention here. I want market prices to stabilize. Trying to artificially inflate the rate is counter-intuitive.
- the_cat_kittles 13y agothe ~1,000,000,000 usd worth of bitcoin transactions (https://blockchain.info/charts/estimated-transaction-volume-usd https://blockchain.info/charts/estimated-transaction-volume-...) that happened today alone should be evidence enough that you would have to be stupid or ignorant to think you can move the price of bitcoin with a blog post like that