Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
cbeast
on 16/04/2015, 05:34:44 UTC
Why do I get the feeling that everyone on this thread is an obsessive gambler, but no one ever wants to be truly wealthy?

For all the fkn around with bitcoin you guys do day trading (and mostly losing), I could have pointed you to at least 5 stocks that in 2014 would have doubled your money going long and holding.

I bolded the part that pertains to me.

I sold hundreds of coins at five bucks, and I felt great. Even when price started moving up to 50 bucks I thought "this is awesome, I'm gonna be rich!"

But when the price got to a thousand, I just felt nervous and scared. People that were only casual acquaintances started trying to become much more "friendly". One of my co-workers even made the comment that he could hack my private keys with a crowbar. (He said he was joking)

If bitcoin goes up at the expense of a dollar collapse, you might be surprised at how desperate people can get.

Bitcoin only had a $9B market cap at it's peak. That wasn't even enough wealth to attract Wall Street. Bitcoin holders are a long way from "truly wealthy" by their standards.