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This is nothing to do with Bitcoin. You basically won the lottery. Some people mined or bought Bitcoin, it got a lot of media hype so the price sky rocketed, an

• pmorici 12y ago
  "If I bought 200 BTC now and waited a few years I doubt I'd have the same experience." Why? This is like the 5th or 6th boom bust cycle in Bitcoin and each boom has been bigger than the last. even the current long price decline is not unprecedented.
  • cyphunk 12y ago
    and many of those boom's were propped up by bots on mtgox desperately trying to recover itself. it's easier to manufacturer a boom when you have a monopoly on the market with little to no transparency. Point is, there are reasonable doubts.
  • cmdkeen 12y ago
    This is like the 100th boom busy cycle in the stock market and each boom has been bigger than the last. Why not invest in equities? Because past performance is not an indication of future performance, and because you don't know when the cycles are going to fall. Unless you're willing to lock up that capital whilst waiting for the uptick you're taking a huge risk.
  • sanswork 12y ago
    Because this boom was the first time it was really in the publics eye. The previous ones happened when very few people had ever heard of bitcoin. This one happened when most people in the western world have heard of it. If they were going to get on board they would have done it but they didn't because for most people with money bitcoin offers very little upside over their existing systems with huge risk.