Wikileaks makes 50000% return on Bitcoin(twitter.com)
twitter.com
Wikileaks makes 50000% return on Bitcoin
https://twitter.com/JulianAssange/status/919247873648283653
4 comments
At every new high, I am advising people who own Bitcoins to sell it because the crash is inexorable and its better to exit with a handsome return but Bitcoin surprises me time and again. It crashes but bounces back soon enough. I wonder what will be the point when people realise that thousands of dollars for what is essentially a reward for finding a meaningless number just doesn't make sense.
[deleted]
If I would have listened to people who ,,advise me'x financially without taking risk himself, I would be broke.
If you're so sure of your knowledge about the crash, you can short Bitcoin, and start advising selling it _after_ you are in a short position (and make a lot of money at the same time)
If you're so sure of your knowledge about the crash, you can short Bitcoin, and start advising selling it _after_ you are in a short position (and make a lot of money at the same time)
This is a pretty ridiculous way to look at it. Bitcoin holds value for a lot of obvious reasons.
Those reasons being...?
That it holds value. Why does cash hold value? Because it has value. Just like Bitcoin
Fiat currency holds value because (among other reasons):
1. It's used by a sovereign government as a means of receiving tax payments.
2. It's a common medium of exchange for products and services.
Neither of these things is true of Bitcoin.
I invite you to try again!
1. It's used by a sovereign government as a means of receiving tax payments.
2. It's a common medium of exchange for products and services.
Neither of these things is true of Bitcoin.
I invite you to try again!
Some context:
- Last traditional donation account frozen Dec 2010
- Started accepting Bitcoin Jun 2011
Address history: https://www.blocktrail.com/BTC/address/1HB5XMLmzFVj8ALj6mfBs...
- Last traditional donation account frozen Dec 2010
- Started accepting Bitcoin Jun 2011
Address history: https://www.blocktrail.com/BTC/address/1HB5XMLmzFVj8ALj6mfBs...
That site blocks me because I use a VPN.
https://blockchain.info/address/1HB5XMLmzFVj8ALj6mfBsbifRoD4...
4,024.99113737 BTC
4024 x 5628 = $22,647,072
https://blockchain.info/address/1HB5XMLmzFVj8ALj6mfBsbifRoD4...
4,024.99113737 BTC
4024 x 5628 = $22,647,072
How much coin did they hold?
5 million percent is meaningless to me unless its realized gains at this point.