or playing with house money. In South Korea, the biggest exchanges opened storefronts to make investment easier for people who didnt feel comfortable doing it online. Kim Hyon-jeong, a 45-year-old teacher and mother of one who lives on the outskirts of Seoul, said she put about 100 million won, or 90,000, into cryptocurrencies last fall.
Bitcoin losers reddit
We can remember when someone dumping 10,000 bitcoin on the market was a 'whale'. If bitcoin goes to zero, I will live with that. Ignore stupid people who just want your btc for cheap" 'Dieyoung' continues to offer up a smart contract bet that BTC will never touch 5,000 before the end of 2018. The damage from the big price drops in virtual currencies is likely to be particularly bad in places like South Korea, where ordinary investors jumped in with editJung Yeon-Je/Agence France-Presse Getty Images. I won't even talk about how stupid it is to borrow money to invest. Despite this pessimism, the social networks where cryptocurrency fanatics gather to trade information are full of people talking about their intention to hold on to their coins, in the hope that they will recover once the technology has time to catch up with the hype. It's like I went into the casino, won a few big hands, krugman bitcoin reddit pocketed my original wager with some profit, and then just kept playing. Ive made a mistake, and now Im going to have to unfortunately pay the cost for the next few years.