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1  Economy / Speculation / Re: Everyone is panic selling their BTC on: August 15, 2014, 09:22:37 PM
if they can manipulate gold and silver price, just figure what they can do with the btc market. And just like with gold and silver, their aim is to scare little ppl out of the real value to keep them in their fiat ponzi scam. On the long term they're losing anyway with pm (looking at asian imports), so i hodl or buy both btc and pm when nice discounts appear and i've fiat surplus.

[edit] Related:
http://www.reddit.com/r/Bitcoin/comments/2cpew8/game_changer_bitcoin_research_at_the_federal/


I have no doubt that central banks and governments are afraid.  But, when he starts his writing with "I'm a trained economist with a B.S. in Computer Science, a M.S. in Operations Research, and a PhD in Econometrics" that almost guarantees that his "employer" could figure out who he is instantly, yet he claims he wants to remain anonymous.  Thats a pretty rare combo of degrees.  To me, it makes me VERY skeptical of this story

yes, it's probably bogus, but the fact that it seems plausible at first sight is good enough for me :-)

Actually I would believe this. In any paper you write, informal or not, you have to give your credentials and why people should listen to you. Pretty rare combo, sure.. The US government does not just hire anyone that "applies" - often they come to you. But yes, I am sure it is rare enough to single out who it is. But you have to realize it is probably not a big enough story to make the government "research" to figure out who he was. Now if he published the report and etc, than I am sure he would have to be a lot more anonymous.

The US government (IRS) has ruled BTC as property mainly for tax reasons. For them to even talk about something, research had to be done at some point. Truth or not, I am sure this has happened, and really - is it that hard to believe the government would try to hide something??
2  Economy / Speculation / Re: Everyone is panic selling their BTC on: August 15, 2014, 07:04:54 PM
And even if that happened, how would they 'hack' an exchange. .-.

Get a hold of their cold storage keys.. Would not take much..
3  Economy / Speculation / Re: Everyone is panic selling their BTC on: August 14, 2014, 01:28:10 PM
What happen to BTC price, cmon!!!
4) Big money won't get in yet...they likely will get in with the facebook twins EFT and say someone like amazon or ebay takes BTC
but they won't get in with all the hype about BTC being evil/regulations/and a no one knows WTF is going on...

Nice story, but ebay will probably never accept btc, unless they let go of PayPal. PayPal is owned by the same people as ebay - right now, they force all new users to use PayPal too. I think you need to have an account from like 2007 if you want to use a different merchant - it is a scam, but they make the extra 2.9% + .34$ on every single transaction!

How low will it go, before it rises again? that's the question.

It will go back up, half past yo' face!

I love how people ask this. Like if anyone knows. People only know things from past references, but here with BTC, nobody has many references (history) to base predictions off of. Sure they has been many little scares like this will likely be, but bitcoin rewrites history every day. If everyone knew, nobody would really sell coin in the first place. I am mad that I still had .2 btc in the past 2 days, but hey I only lost $20. I will probably buy more coin today and wait a few days, and I will sell in about 2-3 days personally (what ever the price).
4  Other / Beginners & Help / Re: Bitcoin Businesses and Developers, Let's Get Started! on: November 03, 2013, 04:22:06 PM
I run servers for several other projects and would like to start offering a small scale rental server for starting btc miners so they do not have to rent equipment themselves. Just had a few questions so I figured I would start here.  Roll Eyes
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