On: Mt. Gox Halts Bitcoin Withdrawals, Price Drop Follows

[weavie]

You would probably have sold when they got to $5.

[unclebucknasty → weavie]

That's a very good point. We have a tendency to think we would have gotten out at the highest price, with perfect foresight. In truth, a 5x increase would have felt like a huge, nearly irresistible payday. Even a 2x increase would.

[mml → weavie]

that's how i sleep at night.

2 years ago i turned over my bitcoins at 5x return in 3 months. there's no way i would have held on to them for a 5000x return.