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Re:China bans new Bitcoin deposits by Fuxy on Wednesday December 18, 2013 @04:01AM (#6926543)
Depends on your wager. If you think bit-coin will never rise again sell now and walk away wounded.

But that wager makes no sense at all since people accidentally delete there wallets all the time and there's a limited supply of bit-coins.

If you factor in time bit-coin can only go up as long as people are still using it and i have confidence bit-coin will reach wide adoption.

Re:China bans new Bitcoin deposits by Bockit on Wednesday December 18, 2013 @04:50AM (#6926708)
A case where it would make sense, if bitcoin ends up worth nothing. It doesn't matter if they're scarce when they're still worth nothing.

I hope it doesn't end up so, luckily I'm not in a position where I need to try and work it out!

Re:China bans new Bitcoin deposits by Nursie on Wednesday December 18, 2013 @04:27AM (#6926633)
The wager makes perfect sense if you don't think BTC will rise again though...
Re:China bans new Bitcoin deposits by camus2 on Wednesday December 18, 2013 @05:08AM (#6926767)
TLDR; you are gambling.
Re:China bans new Bitcoin deposits by Fuxy on Wednesday December 18, 2013 @06:52AM (#6927050)
I find the odds on this a lot more favorable then a casino in Vegas.