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Author Topic: 2013-03-25: Zero Hedge BitCoin Mania Accelerates  (Read 1317 times)
MaxCoins
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March 25, 2013, 05:19:59 PM
 #1

http://www.zerohedge.com/news/2013-03-25/bitcoin-mania-accelerates
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BTC Books
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March 25, 2013, 05:27:44 PM
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I know the idea doesn't have a lot of supporters here, but ZH has been banging that drum pretty hard:  that the price rise is tied to the Cyprus issue more than anything else.

And true or not, they're making a decent case.  It could have more effect on serious money coming into bitcoin than Cyprus actually does, at this point.

Dankedan: price seems low, time to sell I think...
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March 25, 2013, 05:42:20 PM
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Yeah.... correlation =/= causation and all that. Cyprus is only but one factor, though a very public and recognized factor that has many network effects. Main Street does not yet understand that bitcoins are really that safe haven for wealth, so I don't really think the "new hope" thing was a cause of that selloff, but rather just multiple people thinking it has gone up way too high and selling off to hope they can catch a lower buying point. Cyprus should prove to become a bigger factor as time progresses I'd imagine.
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March 25, 2013, 06:21:54 PM
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MillionDollarBonus on top of his game :

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If a meteor hits the earth and destroys all computers running the bitcoin client at the same time, then your bitcoins are gone. No thanks.

1BestioLC7YBVh8Q5LfH6RYURD6MrpP8y6
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March 25, 2013, 06:26:59 PM
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What a fail  Cheesy

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March 25, 2013, 06:41:26 PM
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MillionDollarBonus on top of his game :

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If a meteor hits the earth and destroys all computers running the bitcoin client at the same time, then your bitcoins are gone. No thanks.

First world problems  Grin
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March 25, 2013, 07:00:27 PM
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The Tylers have no idea what makes the Bitcoin market move.

http://fullmetalslacker.org/charts.png
kibblesnbits
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March 25, 2013, 08:40:55 PM
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MillionDollarBonus on top of his game :

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If a meteor hits the earth and destroys all computers running the bitcoin client at the same time, then your bitcoins are gone. No thanks.

I don't know what's better, his posts, or the following comments from people that haven't figured it out yet.  I'd like to believe most anti-BTC posters are doing the same thing - they can't be that short-sighted.  Some of my favorites are the EMP excuse - if all the computers are taken out with an EMP, you've got more to worry about than your PM holdings.  The CIA controls it. It's a Ponzi. Bankers won't tolerate competition.  Buttcoin.  It's taking all self-control to start a ZH account. 

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mccorvic
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March 25, 2013, 08:43:23 PM
 #9

The Tylers have no idea what makes the Bitcoin market move.



You, sir, are a TA wizard and I look forward to more of your analysis in the future.

Offering Video/Audio Editing Services since 2011 - https://bitcointalk.org/index.php?topic=77932.0
ThickAsThieves
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March 25, 2013, 09:01:14 PM
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More like T&A wizard.  Roll Eyes
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March 26, 2013, 02:30:34 PM
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The Tylers have no idea what makes the Bitcoin market move.



You, sir, are a TA wizard and I look forward to more of your analysis in the future.

Most accurate I've seen so far. +1 for more

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