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frenulum (OP)
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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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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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Bitcoinpro
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November 04, 2015, 03:56:02 PM
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speculation  Smiley
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November 04, 2015, 04:11:59 PM
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Nope
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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November 04, 2015, 04:16:33 PM
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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.
frenulum (OP)
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November 04, 2015, 05:47:56 PM
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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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