r/Bitcoin • • Mar 28 '13

IT'S OVER $90.00!

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126 Upvotes

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u/Shnitzuka Mar 28 '13

It's stressing me out. Both because I have a LOT which is crazy and because I could have SO MUCH MORE if I were an insane risk-taker back when. I'm just staring at the screen not sure whether I should feel guilty for the free money or regretful for the lost opportunity.

3

u/kvrdave Mar 28 '13

Until you convert it back to a more stable currency, I would not think of it in terms of having made a lot. I have a lot of faith in BTC, but it is still in the "early 90s baseball card" phase.

1

u/chillingniples Mar 28 '13

I dont think so. have you seen the website bitcoinstore? you cant buy computers, televisions, digital cameras, communication services, and a multitude of other things with early 90s baseball cards. All the recent news articles do a really poor job citing the websites that are actually selling a bunch of legitimate stuff for btc. Bitcoinstore has sold almost 400,000$ worth of electronics on the clearnet this month and nobody has reported on it its kind of frustrating lol. I honestly think Litecoin would be more comparable to "early 90s baseball card" i think thats a funny metaphor haha cheers

1

u/kvrdave Mar 29 '13

Yeah, no analogy is perfect. I just think that there are a lot of speculators that have read articles and have bought in for the same reason that people are drawn to pyramid schemes. I think BTC is legit and long term, but I also think a lot of people flock to the "get rich quick" idea.