Post
Topic
Board Speculation
Re: So.. what the hell happened today?
by
dropt
on 15/04/2014, 14:30:33 UTC



Isn't this the second time in one month that you've "had it" with Bitcoin?

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  • Speculators (currently getting royally fucked with by Chinese Bitcoin Bandits)

Bandits? What are you on about? They're just "speculators" like yourself.  Maybe they've got bigger pockets, or enjoy a little more risk than you, but they're just the same.  How do you think all the people who aren't traders feel when people like you take out leveraged positions and fuck the market sideways for your own personal gain?  

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  • Silk Road
This is such a ridiculously small part of the market now that the original Silk Road is done and gone, the successors have fucked their customers, and the market has fragmented into multiple sketchy sites.

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The one thing I have left off that list is 'Capital Flight' from non USD hegemony compliant economies. Mark my fucking words, it will be from these situations that Bitcoin will experience real future inflations in value (after the Chinese are done playing their games), which was exactly the reason why the NSA floated Bitcoin out into the public arena through a libertarian back door in the first place. Bitcoin is not 'against The Man', it is by The Man and for The Man. If folks are thinking that the USD dominated fiat currency system is vaporous, they aint seen nothing yet!

I will take a much longer break from Bitcoin than 6 months. I have been against Bitcoin philosophically for some time but was addicted to trading it cos I was winning. Now that I am losing, I have no further interest in it. I will be back here to indulge in some empty gloating when Bitcoin hits $200 range like I said it would....and it will.

Uh-huh.  Don't let the door hit you on the way out.