Comment

Comment by geezerjay

> $50k is not really that far fetched...

No, it actually is a ludicrous bet. No rational investor would ever make this investment. The absolute max value stands at less than a third of that. This sort of call only makes sense if it's designed to manipulate fools into a buy spree to supply liquidity to mask a massive cashout.

> Bitcoin tripled in value

Ah yes, and lightning will certainly hit the same person again and again.

Do you happen to have any money on bitcoin by any chance?

parent geezerjay 9 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton