Oh dear , this sounds exactly like a penny-stock scam X-/
"RIGHT NOW" (in all caps, no less), "an amazing time to get in", "strong possibility", "can get in close to the bottom"....
Plenty of people on less wrong have heard about bitcoin for years now, and most probably have done nothing about it, and feel like they missed the boat.
Maybe people should think about taking it seriously for a bit, and actually consider whether it is a worthwhile investment.
I think it is far better for us as a community, ad for our collective ability to support effective altruism and the causes we believe in, if a lot of people here this advice at a time when bitcoin is relatively low, than that they get interested at a peak when all of the media is talking about it.
LW readers have unusual views on many subjects. Efficient Market Hypothesis notwithstanding, many of these are probably alien to most people in finance. So it's plausible they might have implications that are not yet fully integrated into current asset prices. And if you rightfully believe something that most people do not believe, you should be able to make money off that.
Here's an example for a different group. Feminists believe that women are paid less than men for no good economic reason. If this is the case, feminists should invest in companies that hire many women, and short those which hire few women, to take advantage of the cheaper labour costs. And I can think of examples for groups like Socialists, Neoreactionaries, etc. - cases where their positive beliefs have strong implications for economic predictions. But I struggle to think of such ones for LessWrong, which is why I am asking you. Can you think of any unusual LW-type beliefs that have strong economic implications (say over the next 1-3 years)?
Wei Dai has previously commented on a similar phenomena, but I'm interested in a wider class of phenomena.