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Title: what effect has the recent cypress news had on the price of bitcoin? Post by: shmadz on March 20, 2013, 03:41:32 AM I was gonna start this out with a bunch of links to this whole cypress situation, but there are far too many...
I figured if you just google:> cypress bank account confiscation (https://startpage.com/do/search) <:you can go and look for yourself... My question is, do you think this is the reason for the most recent spike? or is this just a symptom of the greater problem that is causing the prolonged rise in price? Title: Re: what effect has the recent cypress news had on the price of bitcoin? Post by: Spaceman_Spiff on March 20, 2013, 03:45:12 AM My question is, do you think this is the reason for the most recent spike? or is this just a symptom of the greater problem that is causing the prolonged rise in price? I guess both. The last part is certainly true. Confiscation is a symptom of economic and financial crisis. The counterparty risk and fiat dilution that are accompanied by such a crisis is the reason why people look for alternatives such as bitcoin. Title: Re: what effect has the recent cypress news had on the price of bitcoin? Post by: BitPirate on March 20, 2013, 04:20:50 AM I was gonna start this out with a bunch of links to this whole cypress situation, but there are far too many... I figured if you just google:> cypress bank account confiscation (https://startpage.com/do/search) <:you can go and look for yourself... My question is, do you think this is the reason for the most recent spike? or is this just a symptom of the greater problem that is causing the prolonged rise in price? You won't find much if you search for the name of a tree. Title: Re: what effect has the recent cypress news had on the price of bitcoin? Post by: Spaceman_Spiff on March 20, 2013, 04:32:40 AM I was gonna start this out with a bunch of links to this whole cypress situation, but there are far too many... I figured if you just google:> cypress bank account confiscation (https://startpage.com/do/search) <:you can go and look for yourself... My question is, do you think this is the reason for the most recent spike? or is this just a symptom of the greater problem that is causing the prolonged rise in price? You won't find much if you search for the name of a tree. You might find a hill ... |