2013-03-12 ZeroHedge: Bitcoin 'Glitch' Sparks 23% Flash Crash

[Logik]

http://www.zerohedge.com/news/2013-03-12/bitcoin-glitch-sparks-23-flash-crash

As usual, full of ignorant and techno-phobic comments, collated here for your convenience

Yes, the concept is great but why should I trust anything about a virtual currency?

Bitcoin, Shitcoin, if it ain't gold or silver and you ain't holding it in your hand, it is fiat

Nothing digital is safe. Nothing digital is secure. Nothing digital is private.

I personally feel that the government is using Bitcoin as a way to get people to accept the idea of a digital currency. If Bitcoin ever becomes popular, the government will make it illegal and replace it with their own digital currency. Or maybe the government will force Bitcoin to give them the ability to track every Bitcoin transaction, control the number of Bitcoins, etc.

[Logik]

We should do some reverse-trolling, where we go on ZH articles about Gold and Silver and say the exact same things.

ZeroHedge: Silver up 2% today, blah blah

ZH Commenter: Silver Bitches!!11

Logik: Silver is a ponzi scheme. Just the other day I heard it was part of a government experiment! Who even invented silver?! It all sounds like a scam to me. I can't even pay my rent or groceries with silver!!!

[totaleclipseofthebank]

We should do some reverse-trolling, where we go on ZH articles about Gold and Silver and say the exact same things.

ZeroHedge: Silver up 2% today, blah blah

ZH Commenter: Silver Bitches!!11

Logik: Silver is a ponzi scheme. Just the other day I heard it was part of a government experiment! Who even invented silver?! It all sounds like a scam to me. I can't even pay my rent or groceries with silver!!!

+1, except let's actually do this

[Bitcoinpro]

gold and silver are for when bitcoin is unable to be used 

and if it was fiat it wouldn't have a 10 million coin limit

[Bitcoinpro]

this is wat people at zerohedge are saying about bitcoin



this is wat they are thinking

[inge]

We should do some reverse-trolling, where we go on ZH articles about Gold and Silver and say the exact same things.

ZeroHedge: Silver up 2% today, blah blah

ZH Commenter: Silver Bitches!!11

Logik: Silver is a ponzi scheme. Just the other day I heard it was part of a government experiment! Who even invented silver?! It all sounds like a scam to me. I can't even pay my rent or groceries with silver!!!

Lol, I bet they try to “talk” the price of Bitcoins down so that they can buy them cheap…

Regards, Inge

[n8rwJeTt8TrrLKPa55eU]

gold and silver are for when bitcoin is unable to be used 

Insightful statement tat deserves highlighting.

[Haole]

ZeroHedge is a bad joke with regards to BTC and even The Tyler's article was a POS hit piece. 

It's almost like they're using Bitcoin so all the doomtards over there can vent some of the frustration of the "system" not collapsing fast enough and/or not getting rich off their metals holdings yet thanks to the historic manipulation.

The reverse troll idea is a great one for kicks if for no other reason. 

[Mike Christ]

10 bucks says ZH commenters are all white and over the hill   Nobody else can be that technophobic.

[Logik]

The thing that baffles me the most is that, in theory, ZH readers should be fervent supporters of Bitcoin. If we assume the ZH reader to be anti-central planning, anti-manipulation, pro-financial transparency, then it makes completely no sense to bash Bitcoin so much, since these are all staples of Bitcoin's philosophy

If I try and put myself in the mind of someone who understands very little about Bitcoin and did none of their own research, then I can kind of understand the type of comments I see on ZH. But they are so seriously misinformed it's not funny. How can you not "trust" something which is open source and not 'owned' by anyone?

But actually the comments on ZH seem to be slowly getting better.

[Dusty]

But actually the comments on ZH seem to be slowly getting better.

Rest assured that as the value of BTC increseases, more and more ppl will regard it as a viable alternative.

The race to (almost) 50$ has attracted a great deal of the "austrian" folks, even if they were really ridiculously hostile to Bitcoin, initially.