Quote from: strunzdumm on October 30, 2014, 11:30:11 PM

Bitcoin is a farce. The "free market economy" in miniature. There is nothing new, it isnt "decentralized" or whatever you thought. It is nothing more then a big scam, initiated by some inteligent guyz, but let me explain this to you:

The mining pools are the governmental institutions, they create BTC out of nothing (federeal reserve). The exchangers are the banks, they trade with BTC like shares. That means there is no consideration for those who "believe" in Bitcoin, early birds do their profit, all the others have to pay the bill. If you guys would know what I know... All exchangers manipulate the prize (because there is no regulation), yea you hear right, they can write whatever they want on their website! Bitcoin has no value, exact as FIAT. Its only the people who believe it has! Exchanger make $$$ out of nothing because of high-speed trades between each other. At the end there is the blackmarket (silk road). And all is controlled by a very very little amount of people, but there have their fingers in..
You guys should stop supporting it.

So, let me get this straight. It's unregulated, but it isn't decentralized? It's open source, but it's a scam? Mining pools are government institutions, but that's where most of the individual miners mine? It's like the Federal Reserve, but the supply is mathematically predictable and capped? Exchanges make "$$$," but that's from sending their own money back and forth to themselves (uh, what?)?