Post
Topic
Board Speculation
Re: So.. what the hell happened today?
by
Mervyn_Pumpkinhead
on 15/04/2014, 19:05:45 UTC
Ok, tell me about these important news, that have taken place in the previous months and that I have missed then, and how they are causing positive effects to the bitcoin price  Grin

How are you ever going to learn to find them on your own if people just conveniently hand them over?

A typical mindless religious zealot Smiley Not actually debating the arguments or answering the questions, but instead desperately trying to insult the opponent Smiley

I have been following the news, and like I said, there are no news that would have an strong enough positive effect on the price.
And we confirm this by... *drums.....* ...by looking at the past price history and not seeing any sustainable positive effects on the price.  Grin


You guys are like characters from an absurd comedy!

Not exactly.  I'm actually at work right now and don't have time to hold your hand and guide you to the relevent news you're looking for.  You want to talk history, what piece of "news" brought Bitcoin out of the 2$ slump?  What piece of "news" brought the chinese bitcoin rush of 2013?  Good news is irrelevant at this point, this is a subjective bear market, not the objective one you're suggesting.

You're at work and you are unable to copy some of the important news here, but you have enough time to repeatedly insult me. Having some problems with time managment, are we?

And now, I see that you are already saying that no news is needed. Having some problems with consistency are we?

I really don't care what triggered the rise out of 2$, but considering the time, it could have very well been a successful trade for couple of pounds of coke on Silk Road.

The rise in China was more interesting though. It was actually triggered by rumors about couple of rather important but half-witted Chinese officials, who ate up the hype and who really thought that BTC could actually threaten the dollar, and therefor serve the goals of CPC. That was the reason on why there was actually a thorough piece about bitcoin on a news program that has a reputation of spreading the word of CPC, and that actually created the bigger surge upwards.
It was all over when smarter officials got involved and explained that by pumping BTC, they are actually helping the dollar by buying something with only virtual value, and buying it mainly from westerners. Meaning that money was actually flowing out of China and into the hands of Americans  Grin
Wasn't exactly a proud moment for China Tongue