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Re:SecondMarket CEO: Wall Street Will Put 'Hundreds of Milli... by harryh on Wednesday December 11, 2013 @10:26PM (#6892617)
Picking a number on a roulette wheel pays 35x in about 1 minute.

If your number happens to come up was it a good investment?

Re:SecondMarket CEO: Wall Street Will Put 'Hundreds of Milli... by etherael on Wednesday December 11, 2013 @10:48PM (#6892684)
Because the concept of an instantly transferable easily stored and hidden immune from state control pseudonymous electronic currency having any amount of success is clearly just as random and unpredictable as the result of a roulette wheel spin.
Re:SecondMarket CEO: Wall Street Will Put 'Hundreds of Milli... by harryh on Wednesday December 11, 2013 @10:58PM (#6892718)
Maybe, maybe not. That's certainly a topic worth discussing.

I was just refuting a3voices's assertion that a rise in value alone made it a good investment. That's outcome based thinking and it's wrong.

Re:SecondMarket CEO: Wall Street Will Put 'Hundreds of Milli... by brador on Thursday December 12, 2013 @12:43AM (#6892988)
You're picking out the positives and purposefully avoiding the negatives.
Re:SecondMarket CEO: Wall Street Will Put 'Hundreds of Milli... by etherael on Thursday December 12, 2013 @03:49AM (#6893494)
No analysis no matter how biased is going to seriously come to the conclusion that bitcoin having any success is purely as random as a roulette wheel. I challenge you to come up with something even vaguely plausible along these lines, no matter how pessimistic you want to get.
Re:SecondMarket CEO: Wall Street Will Put 'Hundreds of Milli... by a3voices on Wednesday December 11, 2013 @11:00PM (#6892724)
Yes if you had good enough information that it was likely. Anyone following Bitcoin for the past few years knew there was a very high chance of this happening.
Re:SecondMarket CEO: Wall Street Will Put 'Hundreds of Milli... by harryh on Wednesday December 11, 2013 @11:01PM (#6892728)
Really? And how many bitcoins did you buy in 2011?
Re:SecondMarket CEO: Wall Street Will Put 'Hundreds of Milli... by a3voices on Wednesday December 11, 2013 @11:07PM (#6892738)
About 600
Re:SecondMarket CEO: Wall Street Will Put 'Hundreds of Milli... by harryh on Wednesday December 11, 2013 @11:11PM (#6892752)
OK, so if we're talking about $5 per bitcoin you thought there was a "very high chance" of a 200 to 1 gain and you only put three grand in?

Weird choice there.

Re:SecondMarket CEO: Wall Street Will Put 'Hundreds of Milli... by a3vioces on Wednesday December 11, 2013 @11:25PM (#6892784)
Not everyone is rich. It was a very significant portion of my savings at the time.
Re:SecondMarket CEO: Wall Street Will Put 'Hundreds of Milli... by bobbles on Thursday December 12, 2013 @12:40AM (#6892978)
Protip: As a newly registered user, it's obvious you're trying to be someone you're not.
Re:SecondMarket CEO: Wall Street Will Put 'Hundreds of Milli... by harryh on Wednesday December 11, 2013 @11:34PM (#6892807)
a3voices != a3vioces
Re:SecondMarket CEO: Wall Street Will Put 'Hundreds of Milli... by a3voices on Thursday December 12, 2013 @12:35AM (#6892965)
Yeah, I didn't post that. Kind of weird.
Re:SecondMarket CEO: Wall Street Will Put 'Hundreds of Milli... by zch on Thursday December 12, 2013 @03:36AM (#6893464)
What's interesting about this is that you can show us...