Zuckerberg's nemesis' The Winkelvoss's have lost $20million with this Bitcoin drop.
 

Watching CNN now. They had roughly $28 Million in bitcoins at the height this week, now they have around $8 million.

ouch. :1orglaugh

The haven't lost anything until they cash out. :)

I saw that as well, kind of funny indeed

Well they can take comfort knowing Zuckerberg lost much more after the facebook ipo

why is that funny? they bought in last summer when the price was sub-$30.

actually, looks like they may have bought in at <$13.

How much can you sell per day on popular trade markets? Is there some limit?

Last Price: 91 USD

probably going to rise until the kids hit it again next week. lol

so they bought when it was highest?

That's how people go bankrupt, :p
When you have that mentality and bitcoin goes to $1/coin and you're still holding... Tisk Tisk

A lot safer to sell during the crash and rebuy at the bottom. You either don't lose very much or you gain a lot more bitcoins/money.

no, they bought over a year ago, super low, but the *story* is based on crunching the #s at the peak and valley of this several week price fluctuation.

So they're still FAR in the black but the media is making it seem the complete opposite?


Sounds about right.

guys backed there way into 300 million. wonder if the money is coming from their private equity group.