So for discussion purposes, Do you think the players back then had no idea about the future value, or they just didn’t care?
I don't think so or perhaps they thought of doubling their Bitcoin amount to increase their portfolio because of the speculation of Bitcoin price in the future, and unknowing to them that doubling of hustle in crypto is the greatest scam of the century. If they had known, they would have not tried it. But they where tempted to gamble just like people of nowadays are still Gambling and hoping to win more crypto and HODL. The truth of the matter is that people act according to their understanding and the value of money at the current time and not think about the future. If they can be doing things and thinking about the future, they wouldn't have been making some financial mistake. One thing now is that we keep complaining about the 100s of Bitcoin that was gambled away those day and the current value
today, but we don't also consider the amount we are gambling away today in fraction
and what the outcome will also be in future. What make us think that people will not still regret again in the nearest future when Bitcoin will have hit $1m? Because definitely history will repeat itself again.