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Author Topic: MMM responsible?  (Read 387 times)
frenulum
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November 04, 2015, 03:50:24 PM
 #1

Not FUD. Just interested to hear peoples thoughts on this...

http://uk.businessinsider.com/this-convicted-ponzi-schemer-may-be-responsible-for-bitcoins-massive-price-spike-2015-11?r=US&IR=T

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This convicted Ponzi-schemer may be responsible for bitcoin's massive price spike

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November 04, 2015, 03:56:02 PM
 #2

speculation  Smiley

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November 04, 2015, 04:11:59 PM
 #3

Nope

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November 04, 2015, 04:16:33 PM
 #4

nah, MMM might attract some people to join and use bitcoin but I doubt their number is wnoigh to manipulate the price like this. There is something big against this and I don't know what it is but it's doing a great job with the price trend.

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frenulum
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November 04, 2015, 05:47:56 PM
 #5

OK thanks for the reassurance Smiley

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November 04, 2015, 05:56:59 PM
 #6

At this point it's clear this isn't simply a ponzi. There are billions being traded daily on Bitcoin, the volumes are astounding. It's looking really healthy, it's a solid uptrend, it's not like the last 2013 November bubble. Of course a correction will eventually happen but no one knows when. Holding all the way up and beyond.

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