TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

So About My Prediction Last Year That Bitcoin at $16,000 Was Ripe for a Crash

5 pointsby chrisyehover 6 years ago

2 comments

nostrademonsover 6 years ago
This kind of gloating is lame, because it's the same sort of empty words that the Bitcoin bulls of last year were spouting off. If you really wanted to bet $10K that the price of Bitcoin would be less in a year, you would've shorted $10K worth of Bitcoin on one of the many exchanges that allowed it last December, and you'd be up about $50K today. Similarly, if you want to bet $10K today that it'll be higher in 2019, just go buy $10K worth of Bitcoin. If you're ultra confident do it on margin, and then "not having $10K to bet" is no impediment.
评论 #18633471 未加载
simonblackover 6 years ago
Bitcoin (and all the rest) have no intrinsic worth, being merely a series of numbers.<p>True wealth does not rely on having &#x27;notional&#x27; value, but on reality. Thus a rentable property is &quot;real&quot; estate. A ton of iron ore, a ton of titanium, and similar things have &quot;real&quot; value.