The co-founder of bitcoins told everybody to sell and that it's a dog.
That guy is the co-founder of bitcoin.com a website, not bitcoin the cryptocurrency.
Bictoin was created by Satoshi Nakamoto, and the second guy to use it was Hal Finney.
By the way, both these guys knew in advance that if bitcoin grew and became successful, the early holders would become unimaginably rich. That's why they started mined millions of coins virtually for free on their home PCs.
"...there will be deflation and early holders of money will see its value increase." -
Satoshi Nakamoto 2008-11-08 16:38:26 UTC"...imagine that Bitcoin is successful and becomes the dominant payment system in use throughout the world. Then the total value of the currency should be equal to the total value of all the wealth in the world. Current estimates of total worldwide household wealth that I have found range from $100 trillion to $300 trillion. With 20 million coins, that gives each coin a value of about $10 million.
So the possibility of generating coins today with a few cents of compute time may be quite a good bet, with a payoff of something like 100 million to 1! Even if the odds of Bitcoin succeeding to this degree are slim, are they really 100 million to one against? Something to think about..." -
Hal Finney Sun, 11 Jan 2009 10:22:14 -0800
Hal Finney, mining thousands of bitcoin from day 1 for free, 10 JAN 2009“Since we're all rich with bitcoins, or we will be once they're worth a million dollars like everyone expects, we ought to put some of this unearned wealth to good use.” -
Hal Finney, January 2011Thus, a "Nakamoto scheme" was born.
