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Author Topic: 2013-04-20 The Week - Everything you need to know about the bitcoin boom  (Read 791 times)
kiko (OP)
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April 20, 2013, 07:22:50 PM
 #1

http://theweek.com/article/index/242846/everything-you-need-to-know-about-the-bitcoin-boom

This one is trashy, don't waste your time other than helping bump it up their most read list.  Wink

Edit:date typo.
The-Real-Link
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April 20, 2013, 11:54:16 PM
 #2

Just saw this via Yahoo.  Thanks, beat me to it.

Oh Loaded, who art up in Mt. Gox, hallowed be thy name!  Thy dollars rain, thy will be done, on BTCUSD.  Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins.  And lead us into quadruple digits
solex
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April 21, 2013, 12:54:14 AM
 #3

The author plumbs new depths of trash journalism:

"One is that Bitcoins' value has been soaring because of what many financial experts think is an unsustainable bubble. You used to be able to buy a Bitcoin for less than a cent, but last week they briefly traded at $266 each, before plunging to $55, and seesawing back and forth in the $100 range.
....
In fact, some critics are calling Bitcoins the digital equivalent of a Ponzi scheme. Bitcoins' value plummeted 77 percent in just two days last week, due to technical problems with a Bitcoin exchange server,..."


Is that covering all bases when you know zero about your subject?

Do these people even read what they write before hitting the publish button?

tjohej
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April 21, 2013, 01:40:34 PM
 #4

Do these people even read what they write before hitting the publish button?
They are upset that nobody wants to help them understand Bitcoin so that's why they write these articles, to get attention.

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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