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SirMaster 2 days ago

But it's more than just a binary. Do you not think that the chance that bitcoin blew up big was more or less than my chance at winning a million on a $1000 lottery gamble?

I bought bitcoin because I perceived more potential around blockchain tech becoming either useful or at least drawing hype to explode the value. I wouldn't buy a lottery ticket because the odds of winning are astronomically low. I perceived there to be a far greater chance in bitcoin blowing up than winning the lottery, or even winning big at a casino.

Do you think I really over-estimated bitcoin's odds early on? At least with blockchain there were some potential real-world possibilities to it and that was a big factor in my choice to gamble on it. Is that kind of thought not at least somewhat more sound than buying a simple lottery ticket? To me it was.