Strawman strawman everywhere. Come on guys. No one's saying the cypriot fiasco DIRECTLY CAUSED the recent bubble. But you cannot deny that it had a significant effect. Ok - wait for it - ok, time to respond to cyprus strawman #2 - "But, you just said that cypriot citizens buying bitcoins caused the 2013 bubble! That's bullshit!" Strawman strawman everywhere. Did not say that. Cypriots didn't buy bitcoins. At least, very few of them did. But the cypriot fiasco did set a SIGNIFICANT precedent for banks and governments to go around grabbing money. People around the world saw this, and saw bitcoin, and said, "hey, I think I'll protect some of my money."
Bubble. Pop.
Most people aren't saying:
(1) Cypriot fiasco was the direct, only, 100%, single, cause for the 2013 bubble,
(2) Cypriot citizens buying bitcoins were a significant part of the 2013 bubble.
That is what most of the pathetic cypriot strawmen address, though. You know, an invisible non-existent argument that no one is actually making. It's kind of like you erect a man made of straw in front of your opponent, call it by your opponent's name, and then proceed to set it on fire. God do I seriously have to spell this stuff out?
What most folks
are saying is:
"The effect of Cyprus's deposit theft on precedent and worldwide perception of the safety of government-insured bank deposits partially but significantly contributed to a widespread renewal of interest in Bitcoins as a safe haven."
Now, can we please have a discussion without a million people jumping on and posting something to the effect of: "Lol u idiot, cyprus didn't cause the bubble." Demonstrate some critical reading and thinking skills, for once.
