Hacker News new | ask | show | jobs
by kolinko 4360 days ago
Source?

Satoshi dice outperformed holding btc, and that was during the period when btc skyrocketted from 10 to 100. Also, but I may be wrong here, asicminer did a similar trick.

2 comments

Over a very short time frame, you mean? Show me a single example of a Bitcoin stock price chart that looks anything like this: http://bitcoincharts.com/charts/bitstampUSD#rg730zczsg2012-0...

ASICMiner is in the gutters, as is literally every other Bitcoin stock. Who benefited from the company going public? Over a short time frame, those who exploited the pump and dump; over a modest time frame of 1-2 years, the company profits at the expense of investors, every single time, without exception.

I held ASIC miner and I got huge dividends AND it increased in value while I held and ended up selling