Post
Topic
Board Service Discussion
Re: GAW Zen Hashlet Hashcoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
by
puwaha
on 17/11/2014, 23:48:05 UTC
You're making a broad assumption here that everyone's doing the same thing. The decision to hold or not hold BTC does not depend on putting one's faith into a very opaque company that seems to be changing its business strategy every few weeks. Anyone is free to dump or buy or otherwise gamble with BTC at any time, there are no major problems with liquidity or any significant lack of information as far as trading is concerned. Try cashing out your hashpoints and let us know how far you got.


Eh, I think that's a dangerous assertion to make.  Lots of people had put their faith into Mt Gox, and well, you know...  There are periods of time where even the remaining existing exchanges have problems with liquidity, or put holds on "questionable" transactions.  It's part of the game/gamble.

But the basic gamble is that all of us have faith that the BTC that you keep in a wallet, or have invested elsewhere has any sort of intrinsic value.  I'm not here to argue this point, but I think people are being a little shortsighted with GAW's customers.  A lot of them have gone "all in" with tremendous gambles, and only time will tell if it paid off.