Post
Topic
Board Beginners & Help
Re: SO if people sell off their coins the price will drop and.........
by
thesum
on 24/06/2011, 02:19:37 UTC
If it drops, there's a chance for a quick profit.  If not, that's the game.  Maybe time to find another investment.

Yeah, I had a post on another not bitcoin forum thread from a guy who ALMOST started to very seriously mine bitcoin six months ago when they were going for 30 cents each, but he didn't do it.  I wish I had run across this six months ago.  Probably would have seemed even more risky then though.  It says on wikipedia that about six million coin out of a total of 21 million have been mined so far.  So if bitcoin keeps growing, there's a lot of mining still to be done.  The people who developed this project must be multimillionaires
by now.  I read somewhere in the beginning one guy would go get pizzas for lunch for 10,000 bitcoin.