the FUD campaign started

[bootlace]

"An obscure digital currency – used mostly for running drugs and laundering money for dictators –" LOL, yea I'm sure all the dictators in the world are sitting in front of their computer, checking out Bitcoin charts, and wondering how they can launder their money in an ecosystem that's smaller than the amount of money they spend in a week.

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[d5000]

The Guardian article is really a shame for this newspaper. Used to be a good-quality one...

[piramida]

Why suddenly 20% daily move (third one in a month of March alone) is a historic crash? These "journalists" don't even bother looking at the chart for a second. Pathetic attempt.

[pera]

The Guardian should apology for publishing the Heidi Moore's article.

[jinni]

FUD in the media is good.

Like others have said before me, when mainstream media starts praising Bitcoin is when we should start to get worried about bubbles.

[ehoffman]

FUD is made by people pissed off by not buying when it was low, or who sold thinking the bubble would burst (which has obviously not occurred) and want to jump back in

[ElectricMucus]

This thread is the best reason to sell since BTC broke 20.

[Kazu]

"An obscure digital currency – used mostly for running drugs and laundering money for dictators –" LOL, yea I'm sure all the dictators in the world are sitting in front of their computer, checking out Bitcoin charts, and wondering how they can launder their money in an ecosystem that's smaller than the amount of money they spend in a week.

WTF? Why would a dictator want to 'launder money?' They are the ones that define 'money laundering' in the first place.

[EuroTrash]

This thread is the best reason to sell since BTC broke 20.

OK, I hold so.
Thanks ElectricMucus.  

[jinni]

This thread is the best reason to sell since BTC broke 20.

There has never been, and there will never be a good reason to sell BTC...even if it says so in the small print.

[RodeoX]

At this stage I no longer care about stupid reporting. Bitcoin has succeed in finding a path to the main stream. Players with strong hands, deep pockets, and keen minds are moving into bitcoin and some sophomoric reported is not going to dissuade them.

Let the fools talk and suppress the price a little longer. More cheep coins for us, right?

[humanitee]

At this stage I no longer care about stupid reporting. Bitcoin has succeed in finding a path to the main stream. Players with strong hands, deep pockets, and keen minds are moving into bitcoin and some sophomoric reported is not going to dissuade them.

Let the fools talk and suppress the price a little longer. More cheep coins for us, right?

Pretty much.
The level of lol from the bears and press is reaching epic proportions.

Won't sell even if it drops to $50. Freedom is a beautiful thing.

[zenith92]

I knew I should've stopped reading that Guardian article the moment I read the title. *facepalm*

[Transisto]

The first time I'd prefer to see Bruce Wagner's face.

+1 If this is not FUD I don't know what is.

[ruski]

An obscure newspaper – used mostly for spreading lies and scaring an ignorant populace – suffered a sudden embarassment on Wednesday, causing a minor sensation mostly among their financial backers and their uneducated readership.

The Guardian is a rag created years ago by an obscure hack in the spirit of subversion, to manipulate public opinion while dodging the responsibility of good journalism. While theoretically it can publish respectable news and articles, it is too complicated to think up and write for people who don't have a clue about journalism, so it is used primarily to spread FUD and ignorance. It has dropped drastically in value. You can barely read a page without finding some pundit opining on how "Bitcoin is the worst thing in existence" or how the Guardian writers will someday splooge out a good article. Maybe someday, but no time soon.

[Mike Christ]

At least the majority of commenters are pointing out Heidi's a hack.  If everyone was screaming in agreement, I'd be a saaaad panda.

[b!z]

FUD is working. the masses are going to get their information from news, they don't have time to research this and that.
the illuminati is working with the press to destroy bitcoin, we can't do anything now.

[EuroTrash]

FUD is working. the masses are going to get their information from news, they don't have time to research this and that.
the illuminati is working with the press to destroy bitcoin, we can't do anything now.

I don't think the Russian mafia cares of the FUD, nor do the corrupted Chinese diplomats. Because so far, Bitcoin as a money laundering method works wonders.

While money laundering is a questionable/despicable use, I speculate that in short term the price will be sustained by it, thus counterbalancing the bad press effect - and geez we got loads more bad press today 

[ruski]

FUD is working. the masses are going to get their information from news, they don't have time to research this and that.
the illuminati is working with the press to destroy bitcoin, we can't do anything now.

I don't think the Russian mafia cares of the FUD, nor do the corrupted Chinese diplomats. Because so far, Bitcoin as a money laundering method works wonders.

While money laundering is a questionable/despicable use, I speculate that in short term the price will be sustained by it, thus counterbalancing the bad press effect - and geez we got loads more bad press today 

Bitcoin is nowhere near large enough to be useful for money laundering in the amounts these people have. It wouldn't be difficult to track 10% of the entire money supply moving around no matter how you divided it, unless you were willing to wait a year or two to get your money back.

[Jobe7]

First they ignore you.
Then they try to fight you.
Then you win.