Post
Topic
Board Bitcoin Discussion
Re: "TheInternet" Bot - Doing Something with Trades - How long? What happens after?
by
elk-tamer
on 15/07/2011, 22:16:21 UTC

Son, you have to realize that most of the people here are mouth-breathers who found a vehicle for their impotent societal frustrations. They basically lack the critical thinking ability to understand why the bitcoin exchanges are HILARIOUSLY corrupt ON PRINCIPAL and certainly are not in their best interests to use. Especially Gox.

The majority of the market is miners selling to speculators.  The miners don't care about the trustworthiness of the exchanges because they're just convenient BTC to USD machines.  The speculators are generally just amateur day-traders who aren't intelligent or affluent enough to play in a real market like FOREX, and will use whatever is available to then, trustworthy or not.

And the zealots that foresee a glorious future for bitcoin?  Well, generally cult members lack the cognitive capacity to understand their plight, despite the protestations of those around them.
Well thank God you're here to balance things out then.