Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Ragnar Danneskjold
on 13/09/2014, 21:23:52 UTC
It seems r/bitcoin is trending, apparently on the back of a perfect storm of attention because of Paypal, Apple, Bank Of England, Satoshi hack, etc. within a few days of each-other. Lots of noobs are showing up asking to know what bitcoin is all about. Now we don't know for sure if financial types will be doing the same to their brokers right now, but it seems a pretty daft time to sell this weekend. No wonder the shadowy puppetmasters of the noisy beartrolls in this forum are bribing them extra to lure your precious coins into their ravenous maws.

I noticed a pattern on google trends too which would suggest a price surge in no less then 2-3 weeks.

It will happen slowly at first as those who have been attracted by the recent news tentatively and slowly buy in. There will be many bear traps along the way but once we exceed $680 the fun will start. It will become clear that $500's are gone forever and people will wonder why they could not see earlier that the price is ready for a major and permanent reevaluation into the 4 digits

For the Bears: pay close attention, because this is how it happens. This is how you will get left behind with nothing but a bitter story about how you could have been rich and free. Cut loose your ghastly gun-backed, blood-soaked, freedom-destroying, toilet-paper of a currency: it has and ignoble past, an evil present, but it has no future! It has caused death, and mental and physical impoverishment to your ancestors and continues to enslave us more than ever. expell this evil from your life by becoming part of the only viable non-institutional currency that exists anywhere on earth. Cut the loose. Your time is running out

Bitcoin is definitely no cult.

(lol)

It certainly isn't. Does passion make a cult? I am open about aspects of bitcoin that trouble me. But the evil of state-backed currency needs to be exorcized and expelled for something better. Do you have any suggestions besides bitcoin? The qualities of bitcoin are unparalleled amongst the thousands of currencies of history, it leaves even the gold-standard severely lacking. I don't say this will always be the case, but if something better comes along then great.

Pirate Ragnar