Hacker News new | ask | show | jobs
by aiofgniaotnio 3107 days ago
A Bitcoin fortune on paper. It remains to be see if anyone will come out of this with real money.

I'm sure they'll still be rich. But $1.65 billion rich? Probably not.

1 comments

Plenty of people already have. Even if they come out with only 10% of the value of their holdings that is still a Huge return for what they initially put into it
I suspect many people are holding BTC waiting for it to go to $400k or whatever.
> Plenty of people already have.

Sure, by selling to greater fools. Every dime they made came out of some other fools pocket. Eventually the music is gonna stop playing and some fool is going to be left holding the bag.