Bitcoin Forum

Bitcoin => Press => Topic started by: botany on October 10, 2014, 07:01:12 PM



Title: [2014-10-09] CNBC: Bitcoin's 'BearWhale' and the future of a cryptocurrency
Post by: botany on October 10, 2014, 07:01:12 PM
Bitcoin's 'BearWhale' and the future of a cryptocurrency
http://www.cnbc.com/id/102070437#.

In an epic battle, bitcoin believers slayed a $9 million BearWhale on Monday morning.

http://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2014/10/08/102071453-slaying-bearwhale.530x298.jpg?v=1412791913


Title: Re: [2014-10-09] CNBC: Bitcoin's 'BearWhale' and the future of a cryptocurrency
Post by: LiteCoinGuy on October 11, 2014, 06:14:40 AM
https://i.imgur.com/4JGbNKb.jpg


Title: Re: [2014-10-09] CNBC: Bitcoin's 'BearWhale' and the future of a cryptocurrency
Post by: BareWail on October 11, 2014, 09:11:06 AM
x

I think you mean "because Bitfury".

There comes a point when you can shake down every VC in the bitcoin space by threatening to tank the price.  Most of these guys would rather pony up than see a month-long price plunge.


Title: Re: [2014-10-09] CNBC: Bitcoin's 'BearWhale' and the future of a cryptocurrency
Post by: cbeast on October 11, 2014, 10:09:42 AM
Manbearwhale was The Giver.


Title: Re: [2014-10-09] CNBC: Bitcoin's 'BearWhale' and the future of a cryptocurrency
Post by: busterzzz on October 11, 2014, 06:44:06 PM
Of course Peter Schiff chimes in with his negative spin... I used to like this guy but he is just a hater on bitcoin.

Quote
"(The market is) not going to be able to come up with enough new buyers."


Title: Re: [2014-10-09] CNBC: Bitcoin's 'BearWhale' and the future of a cryptocurrency
Post by: LiteCoinGuy on October 11, 2014, 07:47:02 PM
Mike Maloney is alot wiser.


Title: Re: [2014-10-09] CNBC: Bitcoin's 'BearWhale' and the future of a cryptocurrency
Post by: lucaspm98 on October 11, 2014, 09:28:39 PM
Actually a pretty good article. The artwork is hilarious.