The new Cartel?

[cryptograd]

KnC, BFL, bASIC, Avalon

Is history repeating itself

 

BTCitcoin doomed?

[bit_wizard]

KnC, BFL, , Avalon

Is history repeating itself

 

BTCitcoin doomed?

Stay tuned.

[cryptograd]

KnC, BFL, , Avalon

Is history repeating itself

 

BTCitcoin doomed?

Stay tuned.

re quote for pic

[goxed]

KnC, BFL, , Avalon

Is history repeating itself

 

BTCitcoin doomed?

Stay tuned.

re quote for pic

now where's BitFury? or is he the good guy?

[cryptograd]

Hopefully

I'm keeping My fingers triple crossed!

[crazyates]

bASIC? Ya, there's a memory we TOTALLY want to bring up and stick in people's heads. Or did you mean BitFury?

[FreedomCoin]

hah.. the good fellas

[AchrafB]

Strange alliance

[DeathAndTaxes]

No.  

In the absence of governmental protectionism or a "natural monopoly" (google it) cartels/monpolies can't exist.

A simplified rational is that either the existing competitors will charge a "fair rate" (at which point they are hardly a "cartel") OR the massive margins will attract new competitors which give exactly zero fucks about any cartel agreement and look to undercut their bloated overpriced competitors.  The free market to resolve this rather effectively EXCEPT when the government tries to step in an regulate things.  For every "problem" they solve they create new ones, distorting the market, and creating new cartels.

[kaerf]

No. 

In the absence of governmental protectionism or a "natural monopoly" (google it) cartels/monpolies can't exist.

Simple version is either the existing competitors will charge a "fair rate" for their products/services OR the massive margins will bring in new competitors which give exactly zero fucks about any cartel agreement and look to undercut their bloated overpriced competitors.

until the cartels shoot you in the head.