4 ms·

My favorite part of bitcoin is just how wild west it always feels. Real money, in very massive quantities is stolen, and there's no authorities who will do any

by swalsh 13y ago

My favorite part of bitcoin is just how wild west it always feels. Real money, in very massive quantities is stolen, and there's no authorities who will do anything about it. Old school scams are new again. Crashes happen on a monthly basis. I'm staying out of it in any serious quantities because frankly i'm having too much fun watching it.

emhart 13y ago
It's even more fun with skin in the game.
- NathanKP 13y ago
  Just remember to never invest more than you can afford to lose.
  - dopamean 13y ago
    Heh.. "invest."
- StavrosK 13y ago
  That's true, I had half a bitcoin from back when it was worth $20, and I'm having loads of fun with it.
dreamdu5t 13y ago
You can do something about it, you just can't offload those costs onto other people you've never met. Anyone is free to attempt to investigate and go after this guy.
- comicjk 13y ago
  Yeah, just like anyone is free to keep their sheep off the commons. It's still going to get grazed flat.
jakejake 13y ago
There are certainly fortunes to be made as well as lost. I probably would not put "serious" quantities into bitcoin myself either, but it definitely is more interesting to watch it when you have a small amount in it.