Bitcoin Forum

Economy => Speculation => Topic started by: waspoza on April 17, 2013, 08:31:24 AM



Title: Rally?
Post by: waspoza on April 17, 2013, 08:31:24 AM
Not sure if this is joke or not: http://ireport.cnn.com/docs/DOC-957375


Title: Re: Rally?
Post by: Krabby on April 17, 2013, 08:34:40 AM
Dear lord...
Quick, what is their GDP.

Can I trade in my wheel barrow of notes?


Title: Re: Rally?
Post by: Akka on April 17, 2013, 08:35:58 AM
Not sure if this is joke or not: http://ireport.cnn.com/docs/DOC-957375

Is CNN making fun of us? Was it hacked and someone placed this?

This can't be legit.


Title: Re: Rally?
Post by: Ivica on April 17, 2013, 08:37:23 AM
Hahahahaha. Hilarious, but it's a bit late for 1st april? :D


Title: Re: Rally?
Post by: mb300sd on April 17, 2013, 08:38:06 AM
Pretty sure iReport is user-submitted articles.


Title: Re: Rally?
Post by: BubbleBoy on April 17, 2013, 08:38:54 AM
That's IReport, where the I stands for any douchebag having something to say.


Title: Re: Rally?
Post by: Ivica on April 17, 2013, 08:39:46 AM
Pretty sure iReport is user-submitted articles.
It sure is (http://ireport.cnn.com/people/BitCoinSachs).


Title: Re: Rally?
Post by: Brushan on April 17, 2013, 08:41:01 AM
Yeah and it was posted yesterday. What happened with the afternoon conference which would confirm everything? Looks like a late april joke.


Title: Re: Rally?
Post by: waspoza on April 17, 2013, 08:54:35 AM
Pretty sure iReport is user-submitted articles.
It sure is (http://ireport.cnn.com/people/BitCoinSachs).

Damn, thought it's too good to be true.


Title: Re: Rally?
Post by: Le Happy Merchant on April 17, 2013, 08:55:13 AM
If true: fantastic news for Zimbabwe.
If false: only for now.


Title: Re: Rally?
Post by: simplydt on April 17, 2013, 11:48:14 AM
Not sure if this is joke or not: http://ireport.cnn.com/docs/DOC-957375

lol good prank. :) Would be more beliavable if they used a technologically advanced nation, i wonder what % of zimbabwe has regular access to the net...


Title: Re: Rally?
Post by: Piper67 on April 17, 2013, 12:05:23 PM
Not even Mugabe could be that dumb. This is a joke.

Don't get me wrong, Bitcoin is a really, really good idea. But why would a country adopt a currency that could be controlled by any of a number of people holding a significant portion of it (like the Winkleviis)?


Title: Re: Rally?
Post by: Gabi on April 17, 2013, 12:07:51 PM
In my opinion it is false

Posted by BitCoinSachs wich uploaded only 1 report: this one. Totally fake.


Title: Re: Rally?
Post by: BitcoinAshley on April 17, 2013, 12:17:15 PM
Don't get me wrong, Bitcoin is a really, really good idea. But why would a country adopt a currency that could be controlled by any of a number of people holding a significant portion of it (like the Winkleviis)?


1) You miss the point - if an entire country adopted it, the Winklevii and the early adopter/big holders would have very little power any more. In a low liquidity market the big players have some control but even now we're seeing that it takes bigger and bigger sells to do ANYTHING to the market.

2) You're right, they wouldn't adopt a currency that can be controlled by the people holding it - they'd rather adopt a currency that's controlled by their central banksters and organized financial crime  ;D ;D ;D


Title: Re: Rally?
Post by: awakening on April 17, 2013, 12:18:13 PM
Not sure if this is joke or not: http://ireport.cnn.com/docs/DOC-957375

lol good prank. :) Would be more beliavable if they used a technologically advanced nation, i wonder what % of zimbabwe has regular access to the net...

In Africa It's used some forms of money based on mobiles and sms I think.. So It shouldn't be a big change anyway.


Title: Re: Rally?
Post by: molecular on April 17, 2013, 12:46:29 PM
Not sure if this is joke or not: http://ireport.cnn.com/docs/DOC-957375

lol good prank. :) Would be more beliavable if they used a technologically advanced nation, i wonder what % of zimbabwe has regular access to the net...

In Africa It's used some forms of money based on mobiles and sms I think.. So It shouldn't be a big change anyway.

In Africa It's used some forms of money payment network (mpesa) based on mobiles and sms I think.. So It shouldn't be a big change anyway.


Title: Re: Rally?
Post by: w00t on April 17, 2013, 02:21:21 PM
It doesn't make any sense to use BTC in Africa as BTC requires stable Internet to operate.

Nobody thought of that?


Title: Re: Rally?
Post by: arepo on April 17, 2013, 02:25:06 PM
It doesn't make any sense to use BTC in Africa as BTC requires stable Internet to operate.

Nobody thought of that?

are you under some impression that the entire continent of africa is tribal bushmen? :P


Title: Re: Rally?
Post by: smoothie on April 17, 2013, 02:28:46 PM
Wrong title. Not Rally? R A L L Y !!!


But seriously, it takes time work over all the emotionally damaged speculators.

Yes I know, taking money from damaged speculators is time consuming  ;)


Title: Re: Rally?
Post by: Frozenlock on April 17, 2013, 02:31:45 PM
Wrong title. Not Rally? R A L L Y !!!


But seriously, it takes time work over all the emotionally damaged speculators.

That's why we have a new shipment everyday!
New speculators emotionally intact!  ;D


Title: Re: Rally?
Post by: w00t on April 17, 2013, 02:34:32 PM
It doesn't make any sense to use BTC in Africa as BTC requires stable Internet to operate.

Nobody thought of that?

are you under some impression that the entire continent of africa is tribal bushmen? :P

Looking at the stats at: http://www.netindex.com/

I came to conclusion it's not good. Most African countries have low single digits download speed.

And that is average which will be probably too far from median for which I expect is no connectivity at all.


Title: Re: Rally?
Post by: RodeoX on April 17, 2013, 02:34:50 PM
We all know Robert Mugabe is a financial genius!   ;D


Title: Re: Rally?
Post by: ffernandex on April 17, 2013, 02:56:58 PM
Perhaps they meant zimcoins?

jokes apart, I know some bitcoin advocates are trying to convice some smaller nations to declare BTC as their official currency. I heard they were looking for small islands in the pacific, but Africa could be an option. This would prevent any attempt to declare bitcoins illegal.

Cheers!



Title: Re: Rally?
Post by: molecular on April 18, 2013, 08:03:22 PM
Not sure if this is joke or not: http://ireport.cnn.com/docs/DOC-957375

Interesting if true. Imagine 5 years down the road and Zimbabwe using Bitcoin together with a bunch of other formerly impoverished nations. They all enjoy lively economy, stability and persecuted elsewhere bitcoiners relocate en masse to Africa. (as someone else "predicted" somewhere in other thread).  ;D



It would be a brilliant move, but maybe only on first sight.

Consider Lybia: Gadhafi wanted to make a Gold Dinar togetehr with other African countries. What did he and his country get for trying that? Nato (imf? world bank?) bombed them to shit, killed Gaddhafi, took the gold. Western media spun it as "protecting civilians", lol. I know, I know, take off the tinfoil hat. But it makes sense, does it not?




Title: Re: Rally?
Post by: Brushan on April 18, 2013, 08:05:12 PM
Not sure if this is joke or not: http://ireport.cnn.com/docs/DOC-957375

Interesting if true. Imagine 5 years down the road and Zimbabwe using Bitcoin together with a bunch of other formerly impoverished nations. They all enjoy lively economy, stability and persecuted elsewhere bitcoiners relocate en masse to Africa. (as someone else "predicted" somewhere in other thread).  ;D



It would be a brilliant move, but maybe only on first sight.

Consider Lybia: Gadhafi wanted to make a Gold Dinar togetehr with other African countries. What did he and his country get for trying that? Nato (imf? world bank?) bombed them to shit, killed Gaddhafi, took the gold. Western media spun it as "protecting civilians", lol. I know, I know, take off the tinfoil hat. But it makes sense, does it not?




I never heard this theory. Any idea where i can read more about it?


Title: Re: Rally?
Post by: molecular on April 19, 2013, 04:59:54 PM
Not sure if this is joke or not: http://ireport.cnn.com/docs/DOC-957375

Interesting if true. Imagine 5 years down the road and Zimbabwe using Bitcoin together with a bunch of other formerly impoverished nations. They all enjoy lively economy, stability and persecuted elsewhere bitcoiners relocate en masse to Africa. (as someone else "predicted" somewhere in other thread).  ;D



It would be a brilliant move, but maybe only on first sight.

Consider Lybia: Gadhafi wanted to make a Gold Dinar togetehr with other African countries. What did he and his country get for trying that? Nato (imf? world bank?) bombed them to shit, killed Gaddhafi, took the gold. Western media spun it as "protecting civilians", lol. I know, I know, take off the tinfoil hat. But it makes sense, does it not?




I never heard this theory. Any idea where i can read more about it?

I think I saw someone talk about it on Russia Today a while back (might've been that Webster Tarpley character). John Perkins also talks about it:

According to the IMF, Libya’s Central Bank is 100% state owned. The IMF estimates that the bank has nearly 144 tons of gold in its vaults. It is significant that in the months running up to the UN resolution that allowed the US and its allies to send troops into Libya, Muammar al-Qaddafi was openly advocating the creation of a new currency that would rival the dollar and the euro. In fact, he called upon African and Muslim nations to join an alliance that would make this new currency, the gold dinar, their primary form of money and foreign exchange. They would sell oil and other resources to the US and the rest of the world only for gold dinars.

It makes sense for the US: protecting the USD while at the same time acquiring some badly needed gold (many countries want their gold back and it's quite likely (if not apparent), that not all the gold that is stored in the name of these countries in New York or whereever is actuall available (as in: there)).