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Title: The new Cartel? Post by: cryptograd on August 12, 2013, 10:27:10 PM https://i.imgur.com/hJrW9nK.jpg
KnC, BFL, bASIC, Avalon Is history repeating itself :o :o :o BTCitcoin doomed? Title: Re: The new Cartel? Post by: bit_wizard on August 12, 2013, 10:30:28 PM http://ow.ly/i/2KBu6/original KnC, BFL, ???, Avalon Is history repeating itself :o :o :o BTCitcoin doomed? Stay tuned. Title: Re: The new Cartel? Post by: cryptograd on August 12, 2013, 10:32:06 PM http://ow.ly/i/2KBu6/original KnC, BFL, ???, Avalon Is history repeating itself :o :o :o BTCitcoin doomed? Stay tuned. re quote for pic :) Title: Re: The new Cartel? Post by: goxed on August 13, 2013, 03:13:33 AM http://ow.ly/i/2KBu6/original KnC, BFL, ???, Avalon Is history repeating itself :o :o :o BTCitcoin doomed? Stay tuned. re quote for pic :) Title: Re: The new Cartel? Post by: cryptograd on August 13, 2013, 03:32:34 AM Hopefully
I'm keeping My fingers triple crossed! Title: Re: The new Cartel? Post by: crazyates on August 13, 2013, 04:50:37 AM bASIC? Ya, there's a memory we TOTALLY want to bring up and stick in people's heads. Or did you mean BitFury?
Title: Re: The new Cartel? Post by: FreedomCoin on August 13, 2013, 01:43:06 PM hah.. the good fellas
Title: Re: The new Cartel? Post by: AchrafB on August 16, 2013, 03:46:14 AM Strange alliance
Title: Re: The new Cartel? Post by: DeathAndTaxes on August 16, 2013, 03:52:26 AM No.
In the absence of governmental protectionism or a "natural monopoly" (google it) cartels/monpolies can't exist. A simplified rational is that either the existing competitors will charge a "fair rate" (at which point they are hardly a "cartel") OR the massive margins will attract new competitors which give exactly zero fucks about any cartel agreement and look to undercut their bloated overpriced competitors. The free market to resolve this rather effectively EXCEPT when the government tries to step in an regulate things. For every "problem" they solve they create new ones, distorting the market, and creating new cartels. Title: Re: The new Cartel? Post by: kaerf on August 16, 2013, 07:28:53 AM No. In the absence of governmental protectionism or a "natural monopoly" (google it) cartels/monpolies can't exist. Simple version is either the existing competitors will charge a "fair rate" for their products/services OR the massive margins will bring in new competitors which give exactly zero fucks about any cartel agreement and look to undercut their bloated overpriced competitors. until the cartels shoot you in the head. |
