News for hackers. Stuff that matters.

A comment on Bitcoin Payment Processor BIPS Attacked, Over $1M Stolen. Parent comment

Re:Bitcoin Payment Processor BIPS Attacked, Over $1M Stolen by VMG on Monday November 25, 2013 @11:07AM (#6794827)
Why would early adopter cash out instead of keeping their savings in a deflationary currency that is gaining value? They didn't in the April crash.
[ Parent | on HN ]
Re:Bitcoin Payment Processor BIPS Attacked, Over $1M Stolen by fat0wl on Monday November 25, 2013 @05:36PM (#6797593)
eh cuz its just too good to be true. why not sneak out a few $700 now and then just in case tomorrow its worthless? keep enough for a large fortune but just take like 100 coins out every year. that would be what now, $70k/year? Just for selling off something that 2 years ago was worthless and in 2 years may be worthless? At a certain point you gotta just take the money & run.
[ Parent | on HN ]