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unk
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April 11, 2013, 04:22:00 AM |
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it's bizarre, conspiracy-theory nonsense. just ignore it.
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knight22
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April 11, 2013, 04:24:00 AM |
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it's bizarre, conspiracy-theory nonsense. just ignore it.
Please read more about fractional reserve system before saying it's non sens. Central banks are getting really affraid of bitcoin |
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unk
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April 11, 2013, 04:26:07 AM |
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if you read back over my old posts, you will see that i'm as well informed about monetary policy as anyone. this post is nonsense by an uneducated lunatic.
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knight22
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April 11, 2013, 04:28:37 AM |
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if you read back over my old posts, you will see that i'm as well informed about monetary policy as anyone. this post is nonsense by an uneducated lunatic.
hmmmm |
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unk
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April 11, 2013, 04:29:11 AM |
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i stand by that statement, but i can't prove it to you without disclosing my identity, which i'm not going to do.
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Matthew N. Wright
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Hero VIP ultra official trusted super staff puppet
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April 11, 2013, 04:29:55 AM |
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Central banks are getting really affraid of bitcoin
Link? |
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frozen
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April 11, 2013, 04:39:37 AM |
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I find labelling this event as a crash a bit deceptive. Not 30 days ago bitcoin was at $45. Now it's at $175. That's a 340% increase, after a suppose crash. Even if bitcoin had fallen down to $60, it would still be positive from its 30 day "low." "Eventually it's going to crash hard. I bet my reputation on that, Alex. I am 100% sure we are going to see a massive bitcoin crash at some point with an ultra-accelerated velocity. It will be the fastest crash of any currency in the history of human civilization. It will be a high-velocity crash. People are buying bitcoins who don't know what bitcoins are and who have no use for them. These are speculators." On April 1st, bitcoin passed $100. Sometime on April 7 late or early April 8, bitcoin passed $175. We're back at $175 now. I wouldn't call this a "massive bitcoin crash" with an "ultra accelerated velocity." Was it a large correction? Absolutely. It's wonderful that it happened. |
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jojo69
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diamond-handed zealot
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April 11, 2013, 04:46:05 AM |
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yawn
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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Atruk
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April 11, 2013, 04:49:43 AM |
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That kind of stunt wouldn't make much of a dent. The real culprits are probably panic sellers using marketorders combined with quite a bit of ;;goxlag. |
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benjamindees
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April 11, 2013, 04:58:47 AM |
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Personally I entertained the notion that it could have been caused by bitcoinbillionaire after reading that he distributed 13,000 bitcoins. But that was just mistaken reporting, and $13,000 is an irrelevant blip on the order book, so yeah this theory is nonsense.
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Civil Liberty Through Complex Mathematics
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HappyBitCoinUser
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April 11, 2013, 05:23:36 AM |
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People that like to accuse of conspiracy are basically in denial. Probably easier for them that way than facing the truth.
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yona
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April 11, 2013, 06:20:25 AM |
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'I say, let the chips fall where they may'
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threeip
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April 11, 2013, 06:21:36 AM |
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Nice catch. I don't buy the coin giveaway theory, even if i gave 1 coin each to 13000 people how many would sell? Not enough to affect price in this manner. |
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farfiman
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April 11, 2013, 06:30:07 AM |
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i stand by that statement, but i can't prove it to you without disclosing my identity, which i'm not going to do.
Bernanke, How many times did we tell you to stay away from cryptocurrencies... |
"We are just fools. We insanely believe that we can replace one politician with another and something will really change. The ONLY possible way to achieve change is to change the very system of how government functions. Until we are prepared to do that, suck it up for your future belongs to the madness and corruption of politicians."
Martin Armstrong
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tjohej
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Magic Staff
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April 11, 2013, 08:16:32 AM |
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Could it be worth somebody's time and money to do something "weird", as they are a fan of Bitcoin and want it to succeed, to "invest" in its stability? Also you decide yourself if you wanna call this a "crash" or a "market correction". Me personally since I'm usually a person who brags my views I'll happily go for the latter  bitcoinbillionaire is Satoshi Nakamoto. (joke) Thx to all contributing factors for this market correction. Finally I can buy some Steam games, if Valve can see that this is a serious and stable currency. |
There may still be hope for the 1st decentralized cryptocurrency which is Bitcoin. How to approach different subjects is key to progress.
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briannguyen
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April 11, 2013, 10:27:12 AM |
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mobile4ever
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April 11, 2013, 12:55:40 PM |
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It was trust in a old-fashioned system... |
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b!z
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April 11, 2013, 12:57:10 PM |
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It was trust in a old-fashioned system... not to mention it's unreliable too |
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