Bitcoin Forum

Bitcoin => Press => Topic started by: mccorvic on March 21, 2013, 08:07:23 PM



Title: 2013-03-21 Quartz "Bitcoin is Out of Control"
Post by: mccorvic on March 21, 2013, 08:07:23 PM
http://qz.com/65709/bitcoin-is-out-of-control-soaring-57-this-week/

Quote
Bitcoin, the alternative currency hailed either as the future of money or speculative nonsense, has soared 57% this week, continuing its puzzling climb in 2013.

Analysts and people who help administer bitcoin have been at a loss to explain its newfound strength, beyond vague theories about increasing confidence in bitcoin’s viability as an accepted currency. This week’s surge is even harder to figure out.



Title: Re: 2013-03-21 Quartz "Bitcoin is Out of Control"
Post by: jwzguy on March 21, 2013, 08:13:25 PM
They are correct, it's out of authoritarian control.  :) That's why it's going up.


Title: Re: 2013-03-21 Quartz "Bitcoin is Out of Control"
Post by: Frequency on March 21, 2013, 08:19:19 PM
Must say the 2011 crash seems to look smaller in the graph...every day that pasts...



Title: Re: 2013-03-21 Quartz "Bitcoin is Out of Control"
Post by: RodeoX on March 21, 2013, 08:21:23 PM
Sweet Jesus control it!  :o


Title: Re: 2013-03-21 Quartz "Bitcoin is Out of Control"
Post by: tutkarz on March 21, 2013, 08:37:33 PM
Why some people have to control everything? Cant they just let things go?


Title: Re: 2013-03-21 Quartz "Bitcoin is Out of Control"
Post by: n8rwJeTt8TrrLKPa55eU on March 22, 2013, 09:56:02 PM
Not out of control.  Not a bubble.  Simply moving quickly towards its fair value, like other disruptive innovations in history.

http://community.marketsmith.com/telligent/cfs-file.ashx/__key/CommunityServer.Components.UserFiles/00.00.00.34.27.Attached+Files/0841.Netscape-chart_2D00_-IPO-period.jpg


Title: Re: 2013-03-21 Quartz "Bitcoin is Out of Control"
Post by: foggyb on March 22, 2013, 10:25:12 PM
Nuke it from orbit. Its the only way to be sure.


Title: Re: 2013-03-21 Quartz "Bitcoin is Out of Control"
Post by: Mike Christ on March 22, 2013, 10:46:07 PM
That's it.  Bitcoin is a terrorist.  Quick, iBama, use your e-drones to destroy the cyber threat!