Re:Sam Bankman-Fried found guilty on all charges
by alvah on Friday November 03, 2023 @02:36AM
(#38125255)
It says the bloody Washington Post has no obvious skill at predicting the future, therefore any statements they make should be taken with a hefty dose of salt.
Re:Sam Bankman-Fried found guilty on all charges
by chx on Friday November 03, 2023 @03:11AM
(#38125471)
The article was not predicting the future, though.
https://www.washingtonpost.com/news/wonk/wp/2015/06/08/bitco...
> The thing is, I don't actually use it. I just hoard it. I'm waiting for some greater fools to push up the price by using theirs.
Re:Sam Bankman-Fried found guilty on all charges
by read_if_gay_ on Friday November 03, 2023 @04:33AM
(#38125981)
And what is this made up quote (not to call it a strawman, as the wapo is certainly a prestigious outlet with very high standards) supposed to prove?
Re:Sam Bankman-Fried found guilty on all charges
by icelancer on Friday November 03, 2023 @02:31AM
(#38125229)
The price of Bitcoin in 2015 was ~$350. To have significant losses after buying at that price point would have taken very serious skill.
Re:Sam Bankman-Fried found guilty on all charges
by beefield on Friday November 03, 2023 @03:35AM
(#38125624)
Could you elaborate a bit the "very serious skill" needed to store your bitcoin in e.g. Bitfinex or CuadrigaCX?
Re:Sam Bankman-Fried found guilty on all charges
by read_if_gay_ on Friday November 03, 2023 @04:34AM
(#38125986)
Since it's apparently not obvious, long term holding your coins in a centralized exchange misses the entire point of crypto. Not understanding that takes some skill indeed.
Re:Sam Bankman-Fried found guilty on all charges
by the_gastropod on Friday November 03, 2023 @08:47AM
(#38127908)
Oh, neat. So misplacing your hardware wallet also requires lots of skill. Gotta love that rugged libertarian individualism that turns bad luck into stupidity and good luck into galaxy brains.
Re:Sam Bankman-Fried found guilty on all charges
by read_if_gay_ on Saturday November 04, 2023 @05:51AM
(#38139493)
You mean to say you didn't make any backups?
I did and I had significant losses. What does that say about your statement?