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Author Topic: No, There is no manipulator  (Read 2311 times)
Matthew N. Wright
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October 20, 2011, 06:22:02 AM
 #21

... words ...
bitcoin wants to be unregulated
.. words ...

Is that why the entire community knowingly cooperates in regulation (FinCEN) and centralization (exchanges)?

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October 20, 2011, 06:38:28 AM
 #22

Is that why it allows such blatant control and centralization?

who invented the trading of bitcoins? the bitcoins or the greed of the market / of us?

whos sayin you must use mtgox? bitcoins or we all together because with more than 1k bitcoins you can not use an other exchange?

at the moment bitcoins are used 95% for speculation. thats why we must use mtgox. if bitcoins would be used for buying goods there would be not that problem. its a chicken and egg problem.

im sorry for the speculation, but i can not change. so i live with it and dont cry like a baby.

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October 20, 2011, 07:42:17 AM
 #23

im sorry for the speculation, but i can not change. so i live with it and dont cry like a baby.


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October 20, 2011, 03:00:12 PM
 #24

Why doesn't he just let it fall to nothing and scoop it up for cheap?  It eventually will climb back up in a few years anyway.  Why does he want to catch a falling knife?

Imagine, just for a moment, that you have money and give Bitcoin a decent success chance. Then imagine multiple people of the kind exist, competing to be the lowest to execute a major buy.

Voilà! That's all the magic. We're closing in on a potential end of the bust, and people compete to strike the bottom. Panic sells into large bidwalls have high volumes. It's an invitation to early adopters to do a massive panic sell.

Why is everyone so upset about this? Everyone is free to place orders wherever he wants. I personally would not choose a round sum or be so visible, but then again, I'm not the one throwing 100k USD at the market, so I don't get to choose.
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