Bitcoin Forum

Coindesk release an article attacking people emotions on bitcoin price and that bitcoin price is headed for bust because retarded perma bulls ruined it:

http://www.coindesk.com/bitcoin-fated-boom-bust/

Boycott coindesk

They say it's headed for a boom and bust - a bubble

that means going to $6k, down to $3k then pick up again

did you even read the article?

Discussions about bitcoin and its impact are everywhere at the moment.

If you are a supporter, bitcoin is a digital messiah and an unprecedented paradigm shift in the evolution of currency. The rapid escalation in its price over the last year is based on clear fundamentals, such as its clear advantages over traditional currency and its growing permeation into wider society.

The recent spate of unwelcome headlines, like the ones inspired by Mt. Gox, is an unfortunate part of building this brave new world, the broken fortunes of a few paving the path to good money for us all.

    “Hyperbole is the clearest evidence yet that bitcoin is fated to repeat the perennial cycle of boom and bust.”

If you are a detractor, bitcoin is an irrational delusion. It is anarchic and the tool of choice for the modern cyber criminal. It destabilises our attempts to forge a more resilient economy, particularly after the last few years of financial turmoil, with Mt. Gox being but the latest example to show how truly Wild West this digital frontier is. Our only hope lies in effectively corralling Pandora’s new technology genie before it can do too much harm.

Both are partisan positions, charged with emotion. Their hyperbole is the clearest evidence yet that bitcoin is fated to repeat the perennial cycle of boom and bust, seen with every hopeful innovation since records began.


Coindesk is fine, please read the article before posting.  ;)

I think we need to introduce an element of accountability. It seems these days people just read a few words from somewhere and then start to talk as if they're subject matter experts.

I'm thinking a name and shame thread.

Blame the internet for your ADHD and excessive "active/scaning" reading habits (in contrast to passive reading on books)  ;D

http://library.wrdsb.ca/files/2010/02/ScanWebpage.jpg

this is true  ;)

I'm going to file you away in the cosmofly/fonzi/iggor cabinet.

LMAO....awesome.

He he that's cool and true

says it all

You got me wrong all of you I am bull but I don't like coindesk they should shutdown  >:(