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A comment on Bitcoin windfall for Mt. Gox creditors after 10 year wait, 10,000% price spike. Parent comment

Re:Bitcoin windfall for Mt. Gox creditors after 10 year wait... by bearjaws on Saturday June 29, 2024 @04:32PM (#40833177)
They only lose their shirts because its speculative gambling... They are scared the same way the person betting on red is.
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Re:Bitcoin windfall for Mt. Gox creditors after 10 year wait... by bboygravity on Saturday June 29, 2024 @05:02PM (#40833336)
You're describing anybody investing in anything (except those who cheat).
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Re:Bitcoin windfall for Mt. Gox creditors after 10 year wait... by amanaplanacanal on Saturday June 29, 2024 @05:32PM (#40833469)
I like to distinguish investing from speculating. Investing is putting money into a business which actually makes money. Speculating is buying something because you think the price will go up.
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Re:Bitcoin windfall for Mt. Gox creditors after 10 year wait... by cwalv on Saturday June 29, 2024 @06:37PM (#40833746)
If the price does go up, did it "actually make money"?
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Re:Bitcoin windfall for Mt. Gox creditors after 10 year wait... by manuelmoreale on Sunday June 30, 2024 @02:30AM (#40835485)
Not necessarily.
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Re:Bitcoin windfall for Mt. Gox creditors after 10 year wait... by ekianjo on Saturday June 29, 2024 @07:52PM (#40834152)
investing is not just that. its putting money where you expect the business to make MORE money in the future. if they dont, you dont make money in the end.
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Re:Bitcoin windfall for Mt. Gox creditors after 10 year wait... by garydevenay on Sunday June 30, 2024 @11:22AM (#40837697)
It’s also not just that! theres no requirement for a business to be involved for it to be an investment (e.g Gov bonds)
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Re:Bitcoin windfall for Mt. Gox creditors after 10 year wait... by ekianjo on Monday July 01, 2024 @04:39AM (#40843769)
sure. But when talking about stocks which is usually one of the main investment devices, its business related.
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