Ninjastic
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Re: 2013-10-23 Yahoo Finance: How Bitcoin Could Become a Viable Currency
by
aigeezer
on 28/10/2013, 16:19:18 UTC
Quote from: Arvicco on October 28, 2013, 01:58:32 PM
Quote from: odolvlobo on October 28, 2013, 06:20:49 AM
Quote from: alexanderanon on October 28, 2013, 01:21:34 AM
If stability is considered a valuable aspect of a fledgling currency, then that value would drive its demand, and would unravel its stability.

That's a very interesting point.

Damned if you do, damned if you don't. Wink At least in the eyes of the media...

Nice catch, alexanderanon. They have to write - something - every cycle, which is every day for many of them. If nothing happens, they have to pretend something did happen. BTC surges on news of X. BTC plummets on news of Y. BTC is too much this. BTC is not enough that. After a while the contradictions and fallacies become relatively easy to notice. The biggest danger (I think) is in casually looking to a media outlet for news of the day, forgetting temporarily about their deadline-driven practices.