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Comment by AlwaysRock | Hacker News Reader

I invested a small (hundreds) into Ethereum and a few other coins earlier this year. They've since doubled in value. I can imagine if you were a very high risk investor and believed in crypto's right now you could be making a lot of money.

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I am up 6,200% ytd.

Some like NEO and Waves did that for me. It took me cycling through 25+ altcoins to reach that level.

NEO is interesting if for no reason other than it doesn't even exist yet, and the market price has risen so quickly. One can easily imagine a scheme with any of the premined networks where the price is manipulated by only releasing a small percentage of the total supply and than buying up what's available on the exchanges with BTC to pump the price and than as rubes buy in, slowly selling off at the inflated prices.

The 50,000,000 units were arbitrary distributed to unknown parties within China.

Yep. A lot of ppl making a killing right now

It's a lot less risky than the US dollar.

You're joking right? The US dollar is the least risky place on the planet to put your money

Inflation, manipulation by the federal reserve, civil asset forfeiture, bank account seizures. The purchasing power of the US dollar has consistently declined over time. Only a fool would place complete trust in the US government.

Relevant Reddit thread: https://www.reddit.com/r/CryptoCurrency/comments/6wo4od/have...

> /r/CryptoCurrency/

Potentially the worst source one can provide. Cryptocurrency buzzwords aren't an argument against the USD

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