Post
Topic
Board Speculation
Re: 2014-06-04 Crash
by
rocks
on 04/06/2014, 16:54:31 UTC
Was there any fundamental reason why Bitcoin crashed today from $680 to $620-630?

Bitcoin is a project created by the NSA in order to take money from the crazy anti-government libertarian movement, by getting them to invest all of their money into the project and then pulling the plug.

The problem is those wacko libertarians then invested not just their money but also their time building more and more services on top of bitcoin and popularizing it into a larger movement. Seriously who builds things anymore? No one in the government foresaw that coming.

Now the NSA is desperately trying to shut bitcoin down, but too many people are supporting the network and more and more people keep viewing every price drop as a buying opportunity, so their attacks are less and less impactful.


At least that is my theory for today's crash, it is as good as anyone else's theory and just as provable as far as I can tell.

You are an idiot.

I wouldnt agree or disagree with everything he says. Some may have some truth, while some parts might be a little to out there. Who knows what the truth is until it unfolds.

No, get out.

Congratulations Gingermod on being today's internet fool.

The post is obviously a joke, if you need a /sarc tag in every post to explain that to you then you have a bit of growing up to do.

To explain it to you in the very simple terms you obviously need, the last line is the point of the post:
Quote
At least that is my theory for today's crash, it is as good as anyone else's theory and just as provable as far as I can tell.

Meaning it is pointless for the OP to ask for reasons for the dump yesterday because there are a million different possibilities none of which are more or less provable than any others. The point is to say something absurd and then point out it is as valid as anything else that could be proposed.