Quote from: pheaonix on April 12, 2013, 06:10:33 AM

Quote from: silverback on April 12, 2013, 05:35:53 AM

Too many bitcoins were given out too easily at the beginning. Whenever bitcoin starts attracting interest there's a huge sell off that drives investment away. I guess the bitcoin economy will keep crashing down until people who got in early can cash out their million dollars.

I don't blame people who got in early, who doesn't want 500k for doing pretty much nothing? It was a design flaw. Not much can be done to fix it now.

it was intended for early miners/investors to profit.

we are seeing things in the short term because things are moving so quickly.

in a few years most of the early investors will sell off, and that wealth will be spread as the markets decides after that.

100 % agreed