Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
pera
on 26/11/2017, 00:42:55 UTC
[...]

It's disturbing that talking about red flags regarding the practices of an exchange and a potentially fraudulent currency they have created is considered 'whining'. To me it seems that it's dismissed so quickly because it would mean a (healthy) correction and everyone just wants that quick easy money.

I've read sentiments on this forum that bitcoin is 'too big to fail' now and earlier in this thread someone said something to the effect that even if it's true that bitfinex is printing their own money to prop up the market that perhaps they are doing it out of benevolence... 'too big to fail'? ...Defending a centralized authority controlling market direction? If the community refuses to take this seriously and demand clarity then even if bitcoin reaches $500k it's a failure imo.

Meet the new boss, same as the old boss.

I'm sorry to tell you this but, that's exactly how the Bitcoin community have been for various years already: pretty much nobody cares about any cypherpunk principles nor even if the biggest exchange is printing fiat while the price is going up, this is now exclusively about getting-rich-quick bullshitism. You can even find people telling you to never do anything with your btcs except for "HODLing" them forever, go figure...