[sockopen]

I invested a few thousand dollars just before they hit a dollar each. I hoped they would hit $10. It still amazes me they ever hit $100.

[gitfan86]

In the HBO show Silicon Valley there is a joke about how it is better to be pre-revenue because your valuation is tied to an idea, nothing real. Companies with revenue have P/E ratios, tying them to reality in some way. If Bitcoin is a "store of value" and also " a hedge against inflation" the price in USD could go up to infinity as the dollar goes down in value.

Obviously at this point neither of those things are true. It is basically just a poker game. The miners are the casinos taking their percentages and the players are all colluding by talking about how much fun the game is in hopes of getting more people to buy in to the game.

[JoeyBananas]

so basically you're rich beyond your wildest dreams now?

[ntoskrnl]

Not if he doesn't sell

[sockopen]

I sold most of it at $100 and the rest of it at $1000. I made less than 2 million, knowing about it since near inception.

[lelanthran]

> so basically you're rich beyond your wildest dreams now?

Doubt it. People who've made a thousandfold gain probably think that's the best it is going to do, so they sell.

If you bought into BTC at $1, chances are you never held it all the way up to $20k.