Post
Topic
Board Speculation
Re: S3052 and Manipulation Techniques
by
Sock Puppet
on 12/02/2012, 20:14:52 UTC
Speculation serves a valuable purpose. Besides, what do you suggest, that we ban exchanging Bitcoin for other currencies?

No.  I agree that speculation serves a valuable purpose.  I'm arguing against manipulation.  Perhaps it is intentional, or perhaps it is simply a flock of fools fulfilling the prophecy of their leader.  It doesn't matter which.

I'm not asking to ban or regulate anything.  Regulations cannot end this behavior.  They only make it more perverse.

I am simply appealing to reason:  Realize that creating coordinated mass movements creates a little profit for a few, but damages the future of BitCoin as a whole.  We have an opportunity to create something much bigger than day to day profits.

Instead of creating artificial waves to exploit, speculate on BitCoin's future.  Buy the rumor, sell the news.  Create your own charts.  Analyze web boards.  I don't care what your strategy is.  Just stop participating in the coordinated attacks.