Bitcoin Forum

Economy => Speculation => Topic started by: billyjoeallen on August 24, 2015, 04:34:59 AM



Title: cripplecoin
Post by: billyjoeallen on August 24, 2015, 04:34:59 AM
1900 bitcoin bought in the last hour per fiatleak so this is something to be happy about. Now, we press forward.
Monday is coming now, it should be an interesting week with all the stock market woes and so on. I still believe BTC is as good or better an investment, as in any other time, despite the core vs. XT debate.  :)

Playing the stock market amounts to guessing which way the Fed will go and when: print or raise rates. The fact that the current BTC market amounts to guessing which way Core will go and when should tell you that they already have too much power.


Title: Re: cripplecoin
Post by: tvbcof on August 24, 2015, 04:43:47 AM
1900 bitcoin bought in the last hour per fiatleak so this is something to be happy about. Now, we press forward.
Monday is coming now, it should be an interesting week with all the stock market woes and so on. I still believe BTC is as good or better an investment, as in any other time, despite the core vs. XT debate.  :)

Playing the stock market amounts to guessing which way the Fed will go and when: print or raise rates. The fact that the current BTC market amounts to guessing which way Core will go and when should tell you that they already have too much power.

You didn't know this going in?  I mean, what are the alternatives?  Guessing which way the know-nothing sheep will go when a well funded psyop campaign to ruin Bitcoin (e.g., XT) is undertaken?

I proposed exactly that this was coming and stated it in the thread where Gavin was proposing the Bitcoin Foundation in the first place and I was dissenting.  My call was for transparency which would allow me, as a user, to accurately gauge the direction 'core' was likely to go.  I also posited that a problem with TBF was that there would be limited transparency which would make it harder to understand the dispositions of the participants.  When Hearn's call for a discussion of his 'redlisting' was leaked to the public I had total vindication.