The bankers don't support libertarian technology as pet projects and if it was one of theirs you'd see hints of their mindset in the design of the project itself.
In addition, no central banker could ever conceive of releasing a decentralized currency and diminishing their own power. It's like imagining that a priest would tell people to just go start their own religion. Why not? Central bankers are just trying to de-legitimatize the idea of decentralized currency. Why not release their own version of one, then smack it down to prove a point.
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It's possible that Bitcoin itself is a pet project of the bankers. Its volatility, association with SR, and general shakiness is a good way to establish to the public that currencies only work in the hands of a centralized entity, to destroy the public's confidence in any sort of decentralized currency. It's also a very clever way to disclose the opinions of the public, sort of like detecting thought-crime. Just one theory. So who knows.
Not likely. The bankers don't support libertarian technology as pet projects and if it was one of theirs you'd see hints of their mindset in the design of the project itself. It would reek of centralization and centralized power. There was a new Bitcoin video that popped up on Youtube recently. All computer graphics, much of which have a lot of Masonic symbolism in it. Just saying.
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Only fools take Cramer's opinions seriously. I see him dissing Bitcoins as a good sign. People who are interested and willing to research will now have reason to take a look at BTCs.
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Must be related to "Joe the Plumber" during the '08 Obama campaign.
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Sorry if this is posted somewhere else. bitcoin-24.com bank account closed by Polish authority !!! https://bitcoin-24.com/Nice "sensationalism" there. It says the 24 website is having issue, nothing about Bitcoin (the technology) being under attacked. These thread topics read like FUD.
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The spewing heads on CNBC are comparing BTC to Beanie Babies.
Jesus McChrist........
LOL
Was there any doubt that they would?
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There seems to be too much neutral or even positive news about Bitcoins in the mainstream currently. I don't think the ATH is too far away, perhaps it will be here even in a month's time.
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Bitcoin rises.
Bitcoin Returns
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not any more
It will be still the flagship. In the 2011 flash crash, people said Gox is done for sure, that was when TradeHill was supposedly the next best thing. But Gox still came out squarely on top. Besides, any time you see even hear the name of any Bitcoin exchanges in the media, it's almost always going to be about Mt.Gox.
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People have been pointing out that Gox is one of Bitcoin's biggest setback for a very very time long time (especially after the '11 crash).
I don't expect another big exchange to replace Gox any time soon. Not unless some truly motivated big players with a lot of capital move in.
Even then, there's nothing to guarantee that the next big exchange will be any better.
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It's possible that Bitcoin itself is a pet project of the bankers. Its volatility, association with SR, and general shakiness is a good way to establish to the public that currencies only work in the hands of a centralized entity, to destroy the public's confidence in any sort of decentralized currency. It's also a very clever way to disclose the opinions of the public, sort of like detecting thought-crime. Just one theory. So who knows.
Now there's a thought! You sir win my tinfoil hat. Wear it with pride. Hehe. I know it sounds nuts. But I like to just speak my mind. On the other hand, even if bankers aren't behind Bitcoin, they would be wise to seize any opportunity to discredit it. Hey, why not? Better create negative public opinion of something while it's still in its infancy than let it grow.
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It's possible that Bitcoin itself is a pet project of the bankers. Its volatility, association with SR, and general shakiness is a good way to establish to the public that currencies only work in the hands of a centralized entity, to destroy the public's confidence in any sort of decentralized currency. It's also a very clever way to disclose the opinions of the public, sort of like detecting thought-crime. Just one theory. So who knows.
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I think 'the man' could have done this, and could in the future do this sort of thing, but that it wasn't the case here.
Really it was just classic bubble. It followed the classic bubble graph almost exactly.
Thing is: Bitcoin does have incredible use and value and is an amazing new currency. This over-correction seems almost reasonable to me. It was getting a lot of media attention. Something -- anything-- just can not sustain that rate growth (ok well maybe besides the U.S debt perhaps).
I think the community learned how bad it was to have one exchange dominating the market. With all the decentralized appeal of bitcoin it doesn't help to have so few exchanges...
Bubble for the modern time: the last week has been an incredible rollacoaster. And I don't even have any guess what prices will be like tomorrow. I could believe anything from $1 - $250 .
Well I hope guys like Keiser and now the "Twins" can help create a few more very professional and reliable exchanges. Gox is definitely among the weakest link in Bitcoin's growth at the moment, as it always has been for the past few years.
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Yeah, this is about the third bubble I've seen. It doesn't mean Bitcoin is doomed. It'll be back, and each time, it comes back higher. (Although I agree with many who say a little more stability in the exchange rate would be good for taking it seriously as a currency for use in trade.)
If Bitcoin gets air time then it will slowly correct itself. It is still in price-searching mode. We simply don't know what its true value is as nothing like it has appeared before. There's nothing to worry. If it can survive "bubble" after bubble, it means that it does have a good future.
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Reptilian shape changers what do you smoke guys? that must be some serious shit. can I have some of it too? Who said anything about reptilians?
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I met Jones in Denver when he was hanging out at Joby Weeks' house (an admitted mason descended from William Sinclair of Rosslyn chapel fame).
Jones is a mason and CIA asset. Hate to break the news to his fanboys.
I would not doubt that Jones is a mason. He's got that oof-ish righteous and paranoid demeanor.
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You want stability? You can't have stability until we have price discovery - that is what we have now - also known as pretty bubbles! As soon as enough people have had their say about the value of bitcoin, people will start spending, and the price will stabilise - so that is at least another few years away! You can't build a currency from scratch in only a few years, with no public support and no political agenda - it take time, but it will be worth it! Yes I totally agree. We will see more of these instability cycles for some time to come. We're still price-searching.
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I doubt the people who run the country would invent bitcoin just to shoot it down. Besides, its open source so people can just create a new one.
Besides, if that were the case, why the desperate attempts at bashing it by agents like Alex Jones??
Because Jones, in the minds of the everyman, represent the "alternate thinker". The mainstream media is just the "normative thinker". If both are against Bitcoin due to whatever reason, then there's no reason to believe in cryptocurrency. That's how they do it: they corner both sides of thought, they control the mainstream thoughts, and they control the alternative thoughts.
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For all we know Bitcoin might have been the banking cartel's pet project from the start (as Jones have said).
it was average people who crashed it, but only because the NWO have been poisioning their minds through chemicals in their water. NWO made bitcoin and now they crash it just for the lolz I think you both have been eating too many lead paint chips. We have no idea who Satoshi is. The best way to show that a decentralized currency won't work is by introducing one - associate it with volatility, drugs, illegal activities, so on and so forth, then crash it down to the ground. Of course I could be wrong. The burst that's going on right now could be just because Gox is incompetent and there isn't some greater power at hand trying to fuck Bitcoin. Yeah, but maybe they knew you would think this so they didn't do it. Or maybe they wanted you to think this...... Wait what were we talking about again? I don't know anymore.
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For all we know Bitcoin might have been the banking cartel's pet project from the start (as Jones have said).
it was average people who crashed it, but only because the NWO have been poisioning their minds through chemicals in their water. NWO made bitcoin and now they crash it just for the lolz I think you both have been eating too many lead paint chips. We have no idea who Satoshi is. The best way to show that a decentralized currency won't work is by introducing one - associate it with volatility, drugs, illegal activities, so on and so forth, then crash it down to the ground. Of course I could be wrong. The burst that's going on right now could be just because Gox is incompetent and there isn't some greater power at hand trying to fuck Bitcoin.
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