How much have you made/lost on investing in BTC? (including any hacking losses)

stic.man (OP)

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How much have you made/lost on investing in BTC? (including any hacking losses)

August 06, 2011, 10:57:09 PM

#1

curiosity

stic.man (OP)

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Re: How much have you made/lost on investing in BTC? (including any hacking losses)

October 17, 2011, 07:32:16 PM

#2

bump

grod

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Re: How much have you made/lost on investing in BTC? (including any hacking losses)

October 18, 2011, 01:53:20 AM

#3

Typical pyramid. A few winners, a whole lot of losers, and a few lucky people breaking even.

Cluster2k

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Re: How much have you made/lost on investing in BTC? (including any hacking losses)

October 18, 2011, 02:09:45 AM

#4

Quote from: grod on October 18, 2011, 01:53:20 AM

Typical pyramid. A few winners, a whole lot of losers, and a few lucky people breaking even.

Sounds a bit like most financial markets. The one really important distinction between a classic pyramid scheme and bitcoin is that a pyramid scheme usually has an entry fee to pay the people further up the pyramid. Bitcoin software has always been free. There's also some valueless product being sold at the heart of the pyramid to make it look legitimate.

Minsc

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Re: How much have you made/lost on investing in BTC? (including any hacking losses)

October 18, 2011, 06:04:24 AM

#5

Cluster2k, that's true. The price is collapsing and it will eventually rise again like the phoenix.

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