N12
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Activity: 1610
Merit: 1010
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May 12, 2014, 02:00:20 PM |
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can't help pointing out that I predicted the event will happen, one month ago: possibility of insolvency of Chinese exchange FxBTC examed (they are 4th biggest in China) https://bitcointalk.org/index.php?topic=557067.0(No, I don't know if the rest are insolvent, but they have a chance to save themselves by forming a league, as they did in self-regulation, thanks to the fact that Chinese traders do not use wallets, instead they transfer coins to the most trusted one when they are worried, hence if they "help each other" a real bank run can be delayed - but, it is also a golden opportunity to take down a competitor, e.g. "Hey, Huobi just came to me saying they want a league to fight bank run! They must have a problem, let's make their plead public". FxBTC is known aloof, not working together with other exchanges, it is their bane as it turns out) Chinese news system alread received instruction from central on what/how to report Bitcoin, whether state media secure the opportunity to paint Bitcoin black or not depends on their judgement of the noise Bitcoin made: Big noise -> paint Bitcoin black, now you see the ponzi scheme; small noice -> no report of Bitcoin allowed, let it die without much debate. (No I don't think Bitcoin will die, but more bad news from China expected) Dude dont give a flying fruit cake about your CHINA problems Us white devils are moving one...you need to sort your own shit out ..let us know when u can contribute constructively to crypto Otherwise we have all had enough & really dont care...overthrow your repressive regime or something of that nature ...the rest is blah blah blah That is quite interesting, as China was quite welcome here back in winter 2013. People here are not willing to take the good with the bad, they live in some kind of fantasy world where everything must be positive. |
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Ibian
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Activity: 2268
Merit: 1278
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May 12, 2014, 02:24:33 PM |
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can't help pointing out that I predicted the event will happen, one month ago: possibility of insolvency of Chinese exchange FxBTC examed (they are 4th biggest in China) https://bitcointalk.org/index.php?topic=557067.0(No, I don't know if the rest are insolvent, but they have a chance to save themselves by forming a league, as they did in self-regulation, thanks to the fact that Chinese traders do not use wallets, instead they transfer coins to the most trusted one when they are worried, hence if they "help each other" a real bank run can be delayed - but, it is also a golden opportunity to take down a competitor, e.g. "Hey, Huobi just came to me saying they want a league to fight bank run! They must have a problem, let's make their plead public". FxBTC is known aloof, not working together with other exchanges, it is their bane as it turns out) Chinese news system alread received instruction from central on what/how to report Bitcoin, whether state media secure the opportunity to paint Bitcoin black or not depends on their judgement of the noise Bitcoin made: Big noise -> paint Bitcoin black, now you see the ponzi scheme; small noice -> no report of Bitcoin allowed, let it die without much debate. (No I don't think Bitcoin will die, but more bad news from China expected) Dude dont give a flying fruit cake about your CHINA problems Us white devils are moving one...you need to sort your own shit out ..let us know when u can contribute constructively to crypto Otherwise we have all had enough & really dont care...overthrow your repressive regime or something of that nature ...the rest is blah blah blah That is quite interesting, as China was quite welcome here back in winter 2013. People here are not willing to take the good with the bad, they live in some kind of fantasy world where everything must be positive. What is your specific complaint? Former allies turn into enemies all the time. |
Look inside yourself, and you will see that you are the bubble.
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MatTheCat
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May 12, 2014, 02:31:39 PM |
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That is quite interesting, as China was quite welcome here back in winter 2013. People here are not willing to take the good with the bad, they live in some kind of fantasy world where everything must be positive.
And the negative gleaned over, ignored, and/or attacked? Is this Fantasy world the USA? What is your specific complaint? Former allies turn into enemies all the time.
Perhaps his complaint is the inherent ability of the mainstream here to acknowledge that there is two sides to every coin, and then act in total surprise, shock, disgust, when the coin it is ultimately revealed to them that the coin did indeed have two sides. |
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N12
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Activity: 1610
Merit: 1010
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May 12, 2014, 02:32:45 PM |
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That it's hypocritical to ignore bad news and say people shouldn't post them while doing the opposite with good news from the same source. Also, this isn't war. When you speculate on Bitcoin, are you thinking of enemies and allies?  |
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MatTheCat
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May 12, 2014, 02:35:41 PM |
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That it's hypocritical to ignore bad news and say people shouldn't post them while doing the opposite with good news from the same source. Also, this isn't war. When you speculate on Bitcoin, are you thinking of enemies and allies? Yes he is. He is long with a cost average of $800 or something. To him, this is a very personal battle and it would be to me also if I were in his shoes. But I aint cos I never drunk the Kool-Aid. |
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Ibian
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Activity: 2268
Merit: 1278
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May 12, 2014, 02:43:58 PM |
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That it's hypocritical to ignore bad news and say people shouldn't post them while doing the opposite with good news from the same source. Also, this isn't war. When you speculate on Bitcoin, are you thinking of enemies and allies? War is always about some form of resources. Money is how we trade resources in the modern world. Bitcoin could very easily become worth more than any one nations money supply, le states included. So yes, this is war. |
Look inside yourself, and you will see that you are the bubble.
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N12
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Activity: 1610
Merit: 1010
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May 12, 2014, 02:55:09 PM |
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That it's hypocritical to ignore bad news and say people shouldn't post them while doing the opposite with good news from the same source. Also, this isn't war. When you speculate on Bitcoin, are you thinking of enemies and allies? War is always about some form of resources. Money is how we trade resources in the modern world. Bitcoin could very easily become worth more than any one nations money supply, le states included. So yes, this is war. So where's your army, cultist? Me, I think I prefer looking at things as they are and not being the shill/propagandist for one side as the other in your "war". I much prefer doing well for myself rather than being a heroic soldier being sent off to death. |
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