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| Why I’m Putting All My Savings Into Bitcoin (falkvinge.net) | ||
| recommended by 1 user | 2011 | 116 points by mazsa | crypto | original thread | | ||
| One user recommended this thread. What they said: |
| 1996 Dec 6, 2020 | on: Bitcoin still makes no sense | context |
To the people who really want to learn: you won't get quality advice here.
BTC has been hated on HN since it's creation. Even over 10 years later, the crypto luddites keep coming at it.
Learn by yourself instead of listening to the doomsayers: some people thought independently, like this person in 2011 who was ridiculed here: https://news.ycombinator.com/item?id=2596475
Check the discussion from 2017: https://news.ycombinator.com/item?id=15976946
Then the new one from 2020, 3 months before the current rally: https://news.ycombinator.com/item?id=24259700
Then make your own judgement, as most of the people here won't learn. They refuse to - they are too emotionally invested in their past lapse of judgement, so they need to rationalize it and double down, in the hope that maybe it will crash and everybody will know they were right all along!
It's been going on for over 10 years, so follow their advice at your own risk.