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Title: 2013-03-25: Zero Hedge BitCoin Mania Accelerates Post by: MaxCoins on March 25, 2013, 05:19:59 PM http://www.zerohedge.com/news/2013-03-25/bitcoin-mania-accelerates (http://www.zerohedge.com/news/2013-03-25/bitcoin-mania-accelerates)
Title: Re: 2013-03-25: Zero Hedge BitCoin Mania Accelerates Post by: BTC Books on March 25, 2013, 05:27:44 PM I know the idea doesn't have a lot of supporters here, but ZH has been banging that drum pretty hard: that the price rise is tied to the Cyprus issue more than anything else.
And true or not, they're making a decent case. It could have more effect on serious money coming into bitcoin than Cyprus actually does, at this point. Title: Re: 2013-03-25: Zero Hedge BitCoin Mania Accelerates Post by: vokain on March 25, 2013, 05:42:20 PM Yeah.... correlation =/= causation and all that. Cyprus is only but one factor, though a very public and recognized factor that has many network effects. Main Street does not yet understand that bitcoins are really that safe haven for wealth, so I don't really think the "new hope" thing was a cause of that selloff, but rather just multiple people thinking it has gone up way too high and selling off to hope they can catch a lower buying point. Cyprus should prove to become a bigger factor as time progresses I'd imagine.
Title: Re: 2013-03-25: Zero Hedge BitCoin Mania Accelerates Post by: labestiol on March 25, 2013, 06:21:54 PM MillionDollarBonus on top of his game :
Quote If a meteor hits the earth and destroys all computers running the bitcoin client at the same time, then your bitcoins are gone. No thanks. Title: Re: 2013-03-25: Zero Hedge BitCoin Mania Accelerates Post by: Gabi on March 25, 2013, 06:26:59 PM What a fail :D
Title: Re: 2013-03-25: Zero Hedge BitCoin Mania Accelerates Post by: Piper67 on March 25, 2013, 06:41:26 PM MillionDollarBonus on top of his game : Quote If a meteor hits the earth and destroys all computers running the bitcoin client at the same time, then your bitcoins are gone. No thanks. First world problems ;D Title: Re: 2013-03-25: Zero Hedge BitCoin Mania Accelerates Post by: Rincewind on March 25, 2013, 07:00:27 PM Title: Re: 2013-03-25: Zero Hedge BitCoin Mania Accelerates Post by: kibblesnbits on March 25, 2013, 08:40:55 PM MillionDollarBonus on top of his game : Quote If a meteor hits the earth and destroys all computers running the bitcoin client at the same time, then your bitcoins are gone. No thanks. I don't know what's better, his posts, or the following comments from people that haven't figured it out yet. I'd like to believe most anti-BTC posters are doing the same thing - they can't be that short-sighted. Some of my favorites are the EMP excuse - if all the computers are taken out with an EMP, you've got more to worry about than your PM holdings. The CIA controls it. It's a Ponzi. Bankers won't tolerate competition. Buttcoin. It's taking all self-control to start a ZH account. Title: Re: 2013-03-25: Zero Hedge BitCoin Mania Accelerates Post by: mccorvic on March 25, 2013, 08:43:23 PM You, sir, are a TA wizard and I look forward to more of your analysis in the future. Title: Re: 2013-03-25: Zero Hedge BitCoin Mania Accelerates Post by: ThickAsThieves on March 25, 2013, 09:01:14 PM More like T&A wizard. ::)
Title: Re: 2013-03-25: Zero Hedge BitCoin Mania Accelerates Post by: Seal on March 26, 2013, 02:30:34 PM You, sir, are a TA wizard and I look forward to more of your analysis in the future. Most accurate I've seen so far. +1 for more |
