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Author Topic: 2013-03-21 Quartz "Bitcoin is Out of Control"  (Read 1786 times)
mccorvic
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March 21, 2013, 08:07:23 PM
 #1

http://qz.com/65709/bitcoin-is-out-of-control-soaring-57-this-week/

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Bitcoin, the alternative currency hailed either as the future of money or speculative nonsense, has soared 57% this week, continuing its puzzling climb in 2013.

Analysts and people who help administer bitcoin have been at a loss to explain its newfound strength, beyond vague theories about increasing confidence in bitcoin’s viability as an accepted currency. This week’s surge is even harder to figure out.


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March 21, 2013, 08:13:25 PM
 #2

They are correct, it's out of authoritarian control.  Smiley That's why it's going up.

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March 21, 2013, 08:19:19 PM
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Must say the 2011 crash seems to look smaller in the graph...every day that pasts...


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March 21, 2013, 08:21:23 PM
 #4

Sweet Jesus control it!  Shocked

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March 21, 2013, 08:37:33 PM
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Why some people have to control everything? Cant they just let things go?

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March 22, 2013, 09:56:02 PM
 #6

Not out of control.  Not a bubble.  Simply moving quickly towards its fair value, like other disruptive innovations in history.

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March 22, 2013, 10:25:12 PM
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Nuke it from orbit. Its the only way to be sure.
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March 22, 2013, 10:46:07 PM
 #8

That's it.  Bitcoin is a terrorist.  Quick, iBama, use your e-drones to destroy the cyber threat!

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