imsoulrebel (OP)
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December 08, 2013, 01:36:34 PM |
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-This was an article from LA Times Business Section Seriously, what kind of crap is this. First bitcoin was really at 1000 (yeah touched 1200 but it also dropped to 850 back up so it was really oscillating at 1000), now at 750 which most people are saying seems much more comfortable right now. If this is a "crash" then bitcoin is freaking made out of teflon code with a parachute and one hell of a helmet. That crap article was written by Michael Hiltzik of LA Times. Michael your an idiot! link http://www.latimes.com/business/hiltzik/la-fi-mh-the-bitcoin-crash-20131207,0,7011276.story#axzz2mqmUsnWt-sorry just needed a good little rant
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CMMPro
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December 08, 2013, 01:45:35 PM |
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Yeah I read that last night...total idiocy. I don't know why but garbage journalism fiction like that gets me way more pissed off than it should.
Someone needs to remind the author that bitcoin was $13 at the start of the year.
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ElectricMucus
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Marketing manager - GO MP
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December 08, 2013, 01:48:16 PM |
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that gets me way more pissed off than it should.
Since you can still write whole sentences it does so not nearly enough.
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beaconpcguru
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Hello
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December 08, 2013, 01:52:41 PM |
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You have to sort through the Bear journalists from the Bulls
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GigaCoin
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Giga
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December 08, 2013, 01:54:45 PM |
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Good, this will keep the masses out for now more time to get cheaper coins ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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salsacz
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December 08, 2013, 01:55:49 PM |
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combine people who have a power to publish and a little knowledge - and get a stupid article ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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marcovaldo
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December 08, 2013, 01:56:27 PM |
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combine people who have a power to publish and a little knowledge - and get a stupid article ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) You can not be an expert on everything...
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keystroke
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December 08, 2013, 03:20:47 PM |
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I'm always happy when I see the public misunderstand bitcoin as it means we have a long way to grow. Reminds me of the time when websites were said outloud as "h t t p colon slash slash double you double you....". Or even better, backslash backslash, as it sounded more technical even though it is wrong. Good times!
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"The difference between a castle and a prison is only a question of who holds the keys."
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zhinkk
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December 08, 2013, 03:35:50 PM |
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He's sort of correct on volatility, but everything else is just plain dumb.
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bitkoinz
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December 08, 2013, 03:49:55 PM |
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I dont know how someone at the "great" LA times allowed this to be published. i was watching the news the other day and one of the top stories was a horse being lifted by a crane out of a ditch, theyll publish anything.
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zeroday
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December 08, 2013, 03:51:55 PM |
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7000% return of investment for people who bought BTC in January 2013 is silly ? Ok. I'm glad to be silly but filthy rich ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Lethn
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December 08, 2013, 03:56:53 PM |
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Whenever someone releases a bullshit article like this about Bitcoin being a bubble I look at the price and go "Oh no! I'm slightly less rich!" yeah, with the way Bitcoin is designed I doubt very much it's a bubble.
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RHCwebhosting
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December 08, 2013, 04:54:34 PM |
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You have to sort through the Bear journalists from the Bulls
He probably had the chance to buy them at <$13, instead he held onto his worthless USD and is now a perma-bear denial seeking every chance he gets to rationalize his past mistakes! "BTC crashing 50%! USD holders were right! Hah!"
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JimboToronto
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You're never too old to think young.
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December 08, 2013, 04:57:12 PM |
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Nothing new here. Same old FUD spam.
Could just as easily been Forbes, Bloomberg, FT, etc.
I wonder if they all talked about this out in the Bohemian Grove at last year's Cremation of Care?
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ablewasiereisawelba
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December 08, 2013, 05:00:04 PM |
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This guy is @hiltzikm on Twitter, if anyone cares.
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btcprice
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December 08, 2013, 05:12:47 PM |
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The LA Times is a crap newspaper. This is typical of most of its reporting. Every once in awhile they have an interesting story but other than that it's only bird cage liner.
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bitjoint
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December 08, 2013, 05:17:26 PM |
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We should open and keep updating a thread with all the owneds that these so-called "experts" are getting... this is a joke. It's like Krugman's Internets quote ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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the_sunship
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December 08, 2013, 05:29:36 PM |
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the media loves to build things up and tear them down again. Politicians, sports heroes, musicians - many are praised when they excel and then crucified when they slip up. It is to be expected.
Bitcoin is all that X 10,000 because people are making money off of the idea. It's going to catch a lot of wrath when it "slips" by those on the outside. And also, there won't be a lot of "I'm sorry for not believing you" when we hit $2,000.
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slikes
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December 09, 2013, 09:50:56 AM |
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Stay away from the press subforum, you might have an aneurism. The media sensationalizing bitcoin will probably end up being an obstacle to long term adoption.
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GriTBitS
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December 09, 2013, 12:09:31 PM |
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I'm always happy when I see the public misunderstand bitcoin as it means we have a long way to grow. Reminds me of the time when websites were said outloud as "h t t p colon slash slash double you double you....". Or even better, backslash backslash, as it sounded more technical even though it is wrong. Good times!
hahahaha
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