Quote from: Elwar on September 24, 2013, 04:16:58 AM

The worst thing the government could do which would completely destroy Bitcoin (and I do so hope that there are no government or federal reserve agents reading this and passing it along to their bosses to be hailed as heros for destroying Bitcoin) is to pour billions of dollars into buying bitcoins.

If they were to skyrocket the price to say $10k-$100k each, then nobody would be able to afford them and Bitcoin would begin a slow fall toward uselessness. And if they were to go so far as to drive the price up to, say, a million dollars each Bitcoin, then Bitcoin would cease to exist immediately.

Please do not let the federal reserve in on this secret. I would hate to see the price of a single bitcoin worth a million dollars tomorrow. Do not question the logic of this, I have done much research and know this to be true.

LOL! That was funny

I almost fell for it, mainly because I actually hear such arguments against bitcoin stated legitimately.