Quote from: The Pharmacist on December 19, 2018, 06:55:40 AM

Quote from: DKREBEL86 on December 18, 2018, 04:38:47 PM

Trust me, I’m an economist.

Ehhh....I don't believe you on that one unless you prove it.

Some holders look stupid now, depending when they bought in. The ones from 2010 will look pretty damn smart; those who bought in at $20k will look like suckers. And if bitcoin were to spike to $10,000 tomorrow, that would change the perspective quite a bit

Can't disagree more with this, and while we are at it, agree more with OP

Provided it was written by him of course. Holders since 2010 are just as stupid as who are the ones since December 2017. The difference between them is that the former were lucky while the latter not so much. And no, that wouldn't change the perspective even a little bit if the price went to 100k tomorrow. How come? Because traders have already multiplied their startup capital x1000, and I mean relative to the lucky holders, not unlucky ones or their initial investment in the market