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mbaeichapareiko (OP)
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September 26, 2014, 01:52:38 AM
 #1
Written almost 1 year to date of   oct/2014.


http://www.technologyreview.com/news/520296/leading-economist-predicts-a-bitcoin-backlash/

I believe this is some of what we are experiencing.  What is the bitcoin networks strategy to combat this?
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mbaeichapareiko (OP)
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September 26, 2014, 02:11:39 AM
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sell me yours I'll buy,  you can discount if you like since its going down right?  haha


(the next financial meltdown)
https://www.youtube.com/watch?v=M8HekexIUy8
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September 26, 2014, 02:29:40 AM
 #3
Quote from: mbaeichapareiko on September 26, 2014, 01:52:38 AM
Written almost 1 year to date of   oct/2014.


http://www.technologyreview.com/news/520296/leading-economist-predicts-a-bitcoin-backlash/

I believe this is some of what we are experiencing.  What is the bitcoin networks strategy to combat this?

Wait for the government to make a move. Prepare some popcorn for the lolz  Cheesy
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justusranvier
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September 26, 2014, 02:51:59 AM
 #4
"Economist Simon Johnson says governments will feel the urge to suppress the crypto-currency Bitcoin."

OMG, really?

I always thought they'd welcome Bitcoin with open arms. What a surprise!
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September 26, 2014, 03:41:30 AM
 #5
Quote from: justusranvier on September 26, 2014, 02:51:59 AM
"Economist Simon Johnson says governments will feel the urge to suppress the crypto-currency Bitcoin."

OMG, really?

I always thought they'd welcome Bitcoin with open arms. What a surprise!

Governments are indifferent to bitcoin because it is no threat.
Sindelar1938
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September 26, 2014, 04:32:56 AM
 #6
Some academics make a good living from stating the blindingly obvious
This dude certainly fits into that camp
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September 26, 2014, 05:00:07 AM
 #7
The professor is an ignorant idiot who chose something useless to study.
Feel free to quote me and send him a mail. Sheep chose to remain sheep.

Yeah I was really expecting the governments to openly accept a decentralized currency which should replace their government issued ones. I was surprised that they did not do it.  Roll Eyes
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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September 26, 2014, 05:09:00 AM
 #8
I think he was actually trying to make a name for himself. By making such a bold prediction that he felt had somewhat of a chance of happening he would potentially become known for being able to predict price crashes. Regardless he generated a lot of press for himself
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