Oddbean new post about | logout
 The thing I see out in the wild the most is people say they missed the boat because they ‘heard’ about it, and ‘could have bought’ X number of year’s ago so they refrain from getting in now. 
 Agreed. This is the most common response.

Talked to a guy yesterday who knew a guy in 2010 that was mining it.

Thinks he has missed out so has been ignoring it.  
 And then I respond with one of the following depending on my mood and audience. 

1.  It’s going up forever because fiat has no bottom. 

2. Buying bitcoin is like winning the lottery in slow motion. You must have a 10 year horizon.