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A comment on What does HN think about Bitcoin and other cryptocurrencies?.

Re:What does HN think about Bitcoin and other cryptocurrencies? by Viliam1234 on Saturday April 30, 2022 @06:29PM (#31220068)
The past is not a 100% reliable predictor of the future, but HN has a really bad track record at recommending whether to buy Bitcoin.

When Bitcoin went dramatically up, HN said "nope". Now Bitcoin is mostly stable, and HN seems to go "maybe". One day, when HN says "yes", it will probably be the best moment to sell.

[ Parent | on HN ]
Re:What does HN think about Bitcoin and other cryptocurrencies? by anon2020dot00 on Monday May 02, 2022 @08:29AM (#31234250)
This argument is based on nothing but price which is flawed.

Remember Bernie Madoff? Not saying that Bitcoin is a Ponzi scheme but just that price alone can be misleading and so better to assess it based on its' technical merits.

Credit to HN for not looking at the price alone and this makes HN less easy to fool.

[ Parent | on HN ]