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Is Bitcoin Being Manipulated?

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Is Bitcoin Being Manipulated?



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If you wanna buy RE in South America for Bitcoin.

"We’ve moved beyond the Mises textbook. We’re running in the open market." - Erik Voorhees

How About Sheepcoin?

When the internet goes down and Internet 2 is the only thing left, Who's in control, Will those Bitcoins still exist?

buddy

Grumpy Cat responds

bitcoin made you lose money? good - bitcoin made you lose money? good  Grumpy Cat

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

Is that chris' cat?

Or a different one?

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should have bought bitcoins

i should have bought bitcoins  - i should have bought bitcoins   I should buy a boat cat

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

boy, statist bootlickers sure do hate bitcoin

Andrew Couts
i feel sorry for this kid. "everyday people" who know he's a tech guy have probably been asking him about btc lately thinking he must be a btc millionaire but embarrassingly he has to make excuses and bash btc. how sad.

"The price of a Bitcoin is at an all-time high right now – and it could quite possibly jump ten or a hundred times higher, making this anti-Bitcoin screed seem ridiculous. Even if that happens, however, I won’t feel an ounce of regret for recommending that everyday people keep their life savings out of Bitcoin"

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

the La Times article was worse!

Their objections are not the same as mine

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Dude you're entering the area of being pathetic

Why do you insist on always bumping your own posts multiple times, When they wither away and die let them rest in peace.

You should take this as a market signal that your content sucks.

I almost want feel like your desperate attempts to knock Bitcoin always is about wallowing in your own self pity for not being smart enough to get in early.

We understand you don't like Bitcoin, Don't get involved then.

No one is forcing you to.

oh come on, join the anti-btc fun

FLECKENSTEIN: Everyone Betting On Bitcoin Will Lose All Of Their Money

Fleckenstein

Yeah, it’s a giant chain-letter. Everyone will lose all of their money that puts money in it. It’s a complete joke. Even a crappy currency has government taxing ability behind it, or some sort of a standing army or something like that.

Bitcoin is nothing. It’s dot-com mania 3.0
http://www.businessinsider.com.au/fleckenstein-on-bitcoin-20...

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

I saw that

he calls bitcoin a chain letter.It's at the end of this video
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries...

Business insider makes the point that you can be anti fed and not pro bitcoin

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lol, yeah he hates the fed so bad that

he prefers to use their fiat blood money instead of bitcoin. yeah that totally makes sense. you late adopters are so fickle.

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

I suppose if you "almost want feel"

you are right, I won't get involved with bitcoin.

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can we make this the official anti-bitcoin thread, pretty please

post one of those ridiculous articles about bitcoin being counterfeited and by the power invested in me i will declare this to be the official daily paul anti-bitcoin thread.

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

Not a bad idea but this is the wrong thread

If you listen to the podcast it really doesnt trash bitcoin at all
There are better thread suited than this one

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nobody in their right mind

would listen to an hour of that bs, i couldn't even make it past the first 5 min.

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

you got that right

Fleck is always anti-Fed and pro-gold/pro-silver and not much else. He's been that way for many, many years. He was blisteringly anti-dot-com during that bubble. Booooooring. I have it from a highly vocal source that Bitcoin was very possibly going to go to $3000 last week, because it had just fallen and every time before that a sharp fall was immediately followed by an even sharper recovery. Like money in the bank.

The night is still young, Fortune favours the bold

what are your predictions for the end of the year 2013? dec 2014? don't be shy.

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

The night may be young, but last week is over

so your $3000 "this next week" didn't happen. There's always next week, of course.

My prediction for a year from now? The pricing is purely speculative. It's disconnected from the actual demand and into speculation about where bitcoin might be years from now. There's no predicting it. I can imagine scenarios in which it goes to $10,000 by a year from now, or scenarios in which it goes to $10. It's like predicting the future price of a dot com that has no revenues but a *great* story, as long as you don't look too closely, during that bubble.

If the bitcoin foundation succeed with the "tainted" coins thing, it's huge good news for bitcoin speculators. Bad news for liberty, and bad news for crypto currency in general, but huge good news for the speculators.

Will mt gox and the rest start accepting litecoin and other alts, and making it easy to exchange between them? Bad news for bitcoin speculators, huge good news for digital currencies in general. Real competition would make things happen faster than anything else possibly could, and also keep regulators and manipulators scrambling to play catch-up.

Will amazon or ebay or some big retailer announce that they're going to start accepting bitcoin? That would be huge good news for bitcoin, especially if bitcoin is the only one they accept.

Etc.

to be clear

in never said btc would go to $3000 by the end of the week. i said it could based on what happened after the last panic sale. i think you too would agree btc has that kind of explosive growth potential.

at the end of the day my "prediction" was closer than yours.

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

Tainted coins?

don't worry, it's mostly overblown scare tactics

there will be work arounds like dark wallet and all kinds of other stuff. it's not cool but it won't stop btc.
the gov regulators seem to get that if they try and regulate btc too much they will piss away a great opportunity and they don't want to do that.

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

no that's not possible, it's been debunked

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

What he actually says

Is that it's "mostly theoretical." Not quite the same as debunked.

HE also says: "And even then you'd still need 20 to 30 percent of the bitcoin network and that's pretty insane and that's kind of impossible."

There are two existing bitcoin pools that have curently each individually done this pretty insane, kind of impossible thing. Also, the 20 to 30% figure is what the paper says would be needed *if their suggested fix was put into place*, but that as things currently stand without that fix it doesn't take a large network at all. I agree that the "selfish miner" thing seems to be overblown but this isn't a very good source for the debunking.

What's really interesting is that at the end he says that in response to one concern "you could create an another crypto currency and use that, so there's really nothing that could stop bitcoin." Which only makes sense if when he says "bitcoin" he means crypt-currency in general. If that's the case, I agree with him 100%.

yes, if you scare easily

btc may not be for you.

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

Check out Bitcoin & Digital Currencies By James Cox

He makes the point that the biggest threat to bitcoin is other alternative crypto currencies.

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those evil altcoins

which one is your favorite? primecoin, right?

Beyond Bitcoin: A Guide to the Most Promising Cryptocurrencies

http://www.dailypaul.com/306558/beyond-bitcoin-a-guide-to-th...

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

I do like the concept of expending resources

for a purpose not just to expend them in an artificial scarcity computing game that wastes electricity like the Bitcoin model requires

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