But to see an investment fund develop around it makes me laugh out loud 
I think it's interesting to see all this develop and I really do wish them good luck.
I think it's interesting to see all this develop and I really do wish them good luck.
This all started for the lulz. It's like a running gag or joke or something. Now, why 12 people actually sent me some bitcoins, that is interesting. The name came up because it was a nice acronym, and someone else said "do not use the words gambling and security in the same sentence."
Anyway, everyone was (and now is) aware that while we have a greater than 99% chance of winning, there is that 1% chance of losing, and the longer we keep this up, (reverse gambler's fallacy?) the more likely we are to get to that "magic" 1% and lose in a streak.
But everyone knew that coming in.
Still, yes, I am a dragon (the golden one comes once every 144 years), and we have magic seeds.
It's also an excuse for me to come up with a collective "Group Bet". We plan to beat the largest bet, which is, to date, a 640 BTC bet that lost.