Quote from: Searing on January 04, 2017, 12:41:30 AM

It's started

Let the angst and missed boat FUD begin with the press. The all hail btc is petering out
Now we need to sell media content www eyeballs/magazines/ etc on why it will fail for more hype
and sales.

https://www.google.com/amp/s/amp.ft.com/content/b5d66ed8-d1b3-11e6-b06b-680c49b4b4c0?client=safari

https://www.technologyreview.com/s/603295/why-bitcoins-1000-value-doesnt-matter/

These articles drive me nuts - they are manifestly hit pieces. Yes, at $16B, Bitcoin total value pales against broad money of the globe. What these news articles lie about by omission is that the same CIA list they are using for the global broad money figures puts a $16B broad money value as slightly above half of all central-bank currencies in money supply - #95.5 out of 193 (or 194 including this Bitcoin interloper).

(BTW, it is currently $16,860M - or #93.5 in rank)

https://www.cia.gov/library/publications/the-world-factbook/rankorder/2215rank.html

When do they flip from worried enough to spout disinfo to outright panicked? When we hit #67 in rank? Larger than 2/3 of central bank currencies?