Post
Topic
Board Speculation
Topic OP
Same old song and dance.
by
KBundy
on 07/08/2011, 18:18:59 UTC
Greetings all,

First off I would like to thank everyone of you who supports the BTC not only for hope in a personal gain, but as an idea that currency should be free and decentralized.  All of you are what make this whole machine keep on ticking.

That being said, I would like to state my firm affirmation that speculator trading of the BTC against the USD, and the bots that have grown up around these trades will be the end of BTC as we know it.  These numerous and continuous trades creates a volatility that scares many people away.  Not only that, the people who have an honest confidence in BTC as a way to improve the world will be driven out by the people who are consumed by the same greed as banks and wallstreet traders.

This started as an idea to end corruption and greed and create an whole new economy of p2p transfers, and has now so far gone to ruin.

If anyone can and is willing to put themselves aside and think about how EVERYONE can gain from doing this right, I call you to lay down your arms and together we can make anything possible.

-KBundy