Should Have Bought – Hindsight to see what you should have bought | Hacker News Reader

Should Have Bought – Hindsight to see what you should have bought

shouldhavebought.com

52 pointsdavkap9224 comments

"Should have bought" is nowhere near as painful as "had but didn't see the point and lost the wallet."

We were one of the relatively early businesses to accept BTC as a payment option, and even though we only took a few hundred dollars worth of BTC in 2011, it boggles the mind what it would have been worth today.

On the other hand, finding ones old wallet is even more of a delight. I lost mine (luckily I kept the keys in a backup, but I forgot about it until now) somewhere around 2015, with about 20€. When I managed to recover it a few days back, I was happy to see that it was now nearly worth 130€!

And the best thing was that I didn't even spend a cent to buy the coins in the first place, but instead someone just gifted them to me on /r/Bitcoin when they were worth around 15€. One time it even fell down to 6€...

https://news.ycombinator.com/item?id=14452969

Tools like this just add to the bubble. Pretty much all "ICOs" are just pump and dump. Very few people actually know what they are getting in to.

Exactly the type of FOMO and greed that's driving up prices now.

Fear of missing awt?

Fear of missing alpha?

https://en.wikipedia.org/wiki/Alpha_(finance)

If everyone who should have bought bought then the prices would have been sky high so it's all irrelevant. I guess that's what's happening now. Looking forward to watching the shake out.

I've been waiting for that for years, but it never happened.

Huge ICO's based on promises with no concrete proofs will change all of that.

Agreed. The fact that the site only supports Bitcoin, Litecoin, and Ether makes me even suspect that it's only purpose is to fan the flames.

Well, someone has to buy these coins for earlier investors to realize their profits.

It's because its a thin layer ontop of a Coinbase Referral (Coinbase only has BTC/ETH/LTC)

It's a Coinbase commercial. Good work.

Beyond that, it seems that it's actually been set up by someone called Jason van den Berg(@jayvdb1 on twitter) to bait people into using their referral link.

My bad, wasn't intended to come across as just baiting people. Put this together 2 days ago as an experiment using the coinbase api. Figured couldn't hurt putting the referral in. I'm going to add more investments like Apple shares and a few other popular ones. Would that make it less scammy? Appreciate the feedback

I think the only thing this shows is that there's no bad moment to get in :P

These are the kinds of tools who's design is such that I can't tell if they're evil or brilliant. On one hand, I know it's a manipulation of "could have, should have" -- the fear of missing out or having missed out -- and much like a visual illusion you know it's a completely fake form of regret. At the same time, no matter how much you stare at it, even knowing it's completely fake, you can't make it go away.

Made something similar for visualizing a dollar-cost averaging strategy: https://docs.google.com/spreadsheets/d/1Uic759wn21aJo6COMtxg... (see 2nd sheet)

This is kind of amusing; they should add more currencies and maybe other types of assets. Although, as others have mentioned, the kind of thinking this encourages isn't healthy to the cryptocurrency ecosystem. Very few important developments are driven by a fear of missing out.

> Very few important developments are driven by a fear of missing out.

Space program? Code-breaking? Nuclear weapons? Dot-com boom? Real-estate? Search-engines? Social media? Oil? Gold-rush?

It's a cleverly disguised landing page for coinbase affiliate program. Three coins on coinbase are already listed.

this is depressing (gif) http://gph.is/2c6rAL9

It's meant to be. No different from an "app" showcasing whether you should or should not have bought apple stock in 2004.

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