rickrollin (OP)
Newbie
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Activity: 41
Merit: 0
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June 17, 2011, 07:08:59 PM |
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man, seems like bitcoin is crashing continuously. I know it was $9 steady not long ago and its not even below 9 now but why the sudden drop from 30? I noticed a lot of negative media coverage with ties to silk road etc.. could it be that we have an army of trolls on this forum warping the image of bitcoin security with fake posts?
Has anyone even considered the possibility of highly organized social engineering and manipulation of bitcoin for various hidden agendas?
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Chick
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Activity: 70
Merit: 10
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June 17, 2011, 07:09:43 PM |
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man, seems like bitcoin is crashing continuously. I know it was $9 steady not long ago and its not even below 9 now but why the sudden drop from 30? I noticed a lot of negative media coverage with ties to silk road etc.. could it be that we have an army of trolls on this forum warping the image of bitcoin security with fake posts?
Has anyone even considered the possibility of highly organized social engineering and manipulation of bitcoin for various hidden agendas?
Lets hope it goes near to 0 so then I can buy 999,999,999 Bitcoins. |
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evoorhees
Legendary
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Activity: 1008
Merit: 1021
Democracy is the original 51% attack
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June 17, 2011, 07:11:29 PM |
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Has anyone even considered the possibility of highly organized social engineering and manipulation of bitcoin for various hidden agendas?
Sometimes market prices fall, dude. |
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TraderTimm
Legendary
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Activity: 2408
Merit: 1121
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June 17, 2011, 07:18:45 PM |
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I heard it was two nefarious groups:
Buyers
and
Sellers
What can be done? I suggest we ban all markets until this obvious collusion is disbanded!
(Yeah, I'm being sarcastic.)
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fortitudinem multis - catenum regit omnia
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done
Newbie
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Activity: 56
Merit: 0
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June 17, 2011, 07:21:15 PM |
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Buy some. If it goes lower buy more.  |
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Freakin
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June 17, 2011, 07:38:39 PM |
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I know it was $9 steady not long ago and its not even below 9 now but why the sudden drop from 30?
Why the sudden run up to 30? |
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RodeoX
Legendary
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Activity: 3066
Merit: 1145
The revolution will be monetized!
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June 17, 2011, 07:48:57 PM |
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Has anyone even considered the possibility of highly organized social engineering and manipulation of bitcoin for various hidden agendas?
Yes, it may have already happened durrig the big drop. LulzSec sent a tweet at the bottom of the market with instructions to buy BTC while the "morons" were in a panic. That was the same weekend when a flood of new accounts showed up saying the sky was falling. |
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done
Newbie
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Activity: 56
Merit: 0
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June 17, 2011, 08:07:40 PM |
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Has anyone even considered the possibility of highly organized social engineering and manipulation of bitcoin for various hidden agendas?
Yes, it may have already happened durrig the big drop. LulzSec sent a tweet at the bottom of the market with instructions to buy BTC while the "morons" were in a panic. That was the same weekend when a flood of new accounts showed up saying the sky was falling. Again just buy and hold (and use) and you will be a happy camper |
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KingFisher9
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Activity: 280
Merit: 10
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June 17, 2011, 08:11:14 PM |
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man, seems like bitcoin is crashing continuously. I know it was $9 steady not long ago and its not even below 9 now but why the sudden drop from 30? I noticed a lot of negative media coverage with ties to silk road etc.. could it be that we have an army of trolls on this forum warping the image of bitcoin security with fake posts?
Has anyone even considered the possibility of highly organized social engineering and manipulation of bitcoin for various hidden agendas?
Lets hope it goes near to 0 so then I can buy 999,999,999 Bitcoins. there can't be 21,000,000 in existence |
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kwukduck
Legendary
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Activity: 1937
Merit: 1001
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June 17, 2011, 09:24:02 PM |
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There indeed has been a lot of bad attention to bitcoin, drugs, money laundering, the recent thefts. and a lot more FUD and lies too being spread.
People, specially those with large stashes and thieves will cash out, it was never their goal to establish a stable future currency, all they want is quick money.
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14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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TheBitMan
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June 17, 2011, 09:26:55 PM |
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man, seems like bitcoin is crashing continuously. I know it was $9 steady not long ago and its not even below 9 now but why the sudden drop from 30? I noticed a lot of negative media coverage with ties to silk road etc.. could it be that we have an army of trolls on this forum warping the image of bitcoin security with fake posts?
Has anyone even considered the possibility of highly organized social engineering and manipulation of bitcoin for various hidden agendas?
Lets hope it goes near to 0 so then I can buy 999,999,999 Bitcoins. theres only 6 million  |
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tymothy
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June 17, 2011, 09:33:13 PM |
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Has anyone even considered the possibility of highly organized social engineering and manipulation of bitcoin for various hidden agendas?
Sometimes market prices fall, dude. Nope, pretty sure it's an Illuminati/CIA/FBI co-conspiracy, the same one that faked the moon landings, shot Kennedy, set up 9/11 and faked the Osama bin Laden assassinations. I also forgot to take my meds today. |
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RodeoX
Legendary
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Activity: 3066
Merit: 1145
The revolution will be monetized!
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June 17, 2011, 11:55:44 PM |
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Again just buy and hold (and use) and you will be a happy camper
Yes, I just treat it like normal money. Thinking about buying some shoes with BTC tonight. |
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