Tell me why you haven’t bought #bitcoin
yet 
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I think a 51% attack is more likely than people think, it’s not lindy, and it’s a real hassle.
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It’s hard to corner these markets. Why gold is not cornered? Hunt brothers tried silver market and got blown up. But you never know about Bitcoin since it’s not that liquid.
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I don’t think that’s a good analogy. If gold is cornered my gold (I cornered) is still valuable. If bitcoin is cornered, my bitcoin is worthless. I don’t have a strong opinion on this, just saying the things in my head about bitcoin. There’s another reason why the analogy is bad.
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Looking at the history of mistakes and blow-ups in crypto I assign a prior of a 25% per annum risk of failure to the eco system. But IMO the current QE technical makes risk-reward attractive for a fixed supply product vulnerable to a short squeeze but position size is important.
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