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Waterluvian
How much coin did they hold?
noitsnot
5 million percent is meaningless to me unless its realized gains at this point.
shubhamjain
At every new high, I am advising people who own Bitcoins to sell it because the crash is inexorable and its better to exit with a handsome return but Bitcoin surprises me time and again. It crashes but bounces back soon enough. I wonder what will be the point when people realise that thousands of dollars for what is essentially a reward for finding a meaningless number just doesn't make sense.
Js22
I understand why they do it. Cows do what the cows around them do. How can you warn a cow not be a cow, is what I don't understand?
[dead] yest
you are talking about yourself - you don't get new tech, you keep doing what others do. If some group of people is doing something weird like `mine virtual currency` you say wtf is that? If I can't touch it, it aint there. Keep it on buddy
whamlastxmas
This is a pretty ridiculous way to look at it. Bitcoin holds value for a lot of obvious reasons.
zzalpha
Those reasons being...?
guidopallemans
That it holds value. Why does cash hold value? Because it has value. Just like Bitcoin
zzalpha
Fiat currency holds value because (among other reasons):

1. It's used by a sovereign government as a means of receiving tax payments.

2. It's a common medium of exchange for products and services.

Neither of these things is true of Bitcoin.

I invite you to try again!

[dead] yest
>I wonder what will be the point when people realise that...

...Bitcoin is a true tech revolution bigger than Internet. You can transfer unlimited wealth in a matter of seconds to anyone anywhere without knowing who he is or need to trust some usurers or beg for permission from some govt. But I guess you will be one of the last to understand it. You already gave a lot of bad advice to your friends and caused them to lose money, keep doing that

xiphias
If I would have listened to people who ,,advise me'x financially without taking risk himself, I would be broke.

If you're so sure of your knowledge about the crash, you can short Bitcoin, and start advising selling it _after_ you are in a short position (and make a lot of money at the same time)

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labster
Dear world, please stop using percent with values > 200. 500x return is much clearer than 500000%, or however many zeroes the headline has. Thanks.
noitsnot
It would be nice if we didn't quote tweets as news, also.