Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is unfair to the non tech-savvy
by
giveBTCpls
on 14/07/2014, 11:44:41 UTC
More than unfair what's being discussed is it was just pure fucking luck. Most people that got rich forgot about their wallets and got the coins for mundane shit, such as buying drugs in SilkRoad or mining some for shits and giggles, not because they knew the price would explode.

If someone has managed to hold a large chunk of coins from 2010-11 until today, it has nothing to do with luck.

I understand that it's easier for you to pretend that it does though.


If someone managed to hold a large chunk of coins from 2010-11 until today, it has to do 100% with luck, aka forgeting about it and then finding out you are rich thanks to mainstream news.

http://news.sky.com/story/1161340/bitcoin-man-buys-flat-with-forgotten-fortune


Quote
Mr Koch, now 29 and working as an engineer, only remembered the investment in April this year when he read an article about the soaring value of bitcoins.

His 5,000 bitcoins were suddenly worth around £430,000.

After spending a full day trying to remember his password, Mr Koch cashed in £116,000 by selling a fifth of his newly-acquired fortune.

This is the typical guy that got rich off Bitcoin. At least this guy was somewhat involved in crypto as an engineer, but the rest where just random people wanting to buy ilegal shit on SilkRoad and mining them then forgeting about them. Get real.