Re:Bitcoin Falls Below $400
by Ologn on Thursday April 10, 2014 @09:55PM
(#7570840)
I see the bagholders and snake oil peddlers have downvoted me into oblivion (Edit: Actually my parent post is ping-ponging but in negative territory at the time of this edit)
Here is a post I made 143 days ago, at a time when Bitcoin was seeing high after high every day -
Bitstamp Bitcoin was worth $460 that day. Today it is worth $350.
People who would have listened to me and those who agree with me then would be a lot better off now, especially if they had shorted Bitcoin (which is doable, sort of).
I was right saying Bitcoin will go down. It will continue to go down. That the Bitcoin bagholders and snake oil peddlers of HN will downvote me into oblivion is instructive. Not that I mind, I am only losing a little bit of HN karma while they have obviously lost thousands of dollars. They would be better off cutting their losses and trying to learn a lesson about their mistaken belief system then deciding to remove karma from those who observe that the emperor wears no clothes.
Re:Bitcoin Falls Below $400
by ssully on Thursday April 10, 2014 @11:54PM
(#7571137)
I think your down votes are coming because of your hostile tone. You make plenty of fair points, but your tone and insults are making them meaningless.
Here is a post I made 143 days ago, at a time when Bitcoin was seeing high after high every day -
https://news.ycombinator.com/item?id=6753545
Bitstamp Bitcoin was worth $460 that day. Today it is worth $350.
People who would have listened to me and those who agree with me then would be a lot better off now, especially if they had shorted Bitcoin (which is doable, sort of).
I was right saying Bitcoin will go down. It will continue to go down. That the Bitcoin bagholders and snake oil peddlers of HN will downvote me into oblivion is instructive. Not that I mind, I am only losing a little bit of HN karma while they have obviously lost thousands of dollars. They would be better off cutting their losses and trying to learn a lesson about their mistaken belief system then deciding to remove karma from those who observe that the emperor wears no clothes.