Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
dloghwak
on 28/10/2015, 18:23:55 UTC
I'm 100% convince this is a BTC bubble

Someone on the wall observer thread was talking about some MMM ponzi. I couldn't follow it and I have no idea what effect that might have. Does anyone think that has any merit?

Given the critical role BTC has in trading XMR it seems we ought to understand if there is some large (?) unsustainable factor driving current BTC prices, and how close that might be to reversing.
https://www.reddit.com/r/BitcoinMarkets/comments/3qd7cc/this_week_at_okcoin_china_update_mmm_ponzi/
http://cointelegraph.com/news/115425/btcc-ceo-bobby-lee-warns-bitcoin-investors-about-mmm-ponzi-scheme

Could be the reason for the current rally. But it seems no one analyzed the input/output of the ponzis adresses yet.