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Topic: 2013-03-25: Zero Hedge BitCoin Mania Accelerates (Read 1405 times)

donator
Activity: 848
Merit: 1078
The Tylers have no idea what makes the Bitcoin market move.



You, sir, are a TA wizard and I look forward to more of your analysis in the future.

Most accurate I've seen so far. +1 for more
hero member
Activity: 518
Merit: 500
More like T&A wizard.  Roll Eyes
hero member
Activity: 518
Merit: 500
The Tylers have no idea what makes the Bitcoin market move.



You, sir, are a TA wizard and I look forward to more of your analysis in the future.
hero member
Activity: 557
Merit: 500
MillionDollarBonus on top of his game :

Quote
If a meteor hits the earth and destroys all computers running the bitcoin client at the same time, then your bitcoins are gone. No thanks.

I don't know what's better, his posts, or the following comments from people that haven't figured it out yet.  I'd like to believe most anti-BTC posters are doing the same thing - they can't be that short-sighted.  Some of my favorites are the EMP excuse - if all the computers are taken out with an EMP, you've got more to worry about than your PM holdings.  The CIA controls it. It's a Ponzi. Bankers won't tolerate competition.  Buttcoin.  It's taking all self-control to start a ZH account. 
newbie
Activity: 56
Merit: 0
The Tylers have no idea what makes the Bitcoin market move.

http://fullmetalslacker.org/charts.png
legendary
Activity: 1106
Merit: 1001
MillionDollarBonus on top of his game :

Quote
If a meteor hits the earth and destroys all computers running the bitcoin client at the same time, then your bitcoins are gone. No thanks.

First world problems  Grin
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
What a fail  Cheesy
sr. member
Activity: 434
Merit: 251
MillionDollarBonus on top of his game :

Quote
If a meteor hits the earth and destroys all computers running the bitcoin client at the same time, then your bitcoins are gone. No thanks.
legendary
Activity: 1834
Merit: 1019
Yeah.... correlation =/= causation and all that. Cyprus is only but one factor, though a very public and recognized factor that has many network effects. Main Street does not yet understand that bitcoins are really that safe haven for wealth, so I don't really think the "new hope" thing was a cause of that selloff, but rather just multiple people thinking it has gone up way too high and selling off to hope they can catch a lower buying point. Cyprus should prove to become a bigger factor as time progresses I'd imagine.
member
Activity: 84
Merit: 10
I know the idea doesn't have a lot of supporters here, but ZH has been banging that drum pretty hard:  that the price rise is tied to the Cyprus issue more than anything else.

And true or not, they're making a decent case.  It could have more effect on serious money coming into bitcoin than Cyprus actually does, at this point.
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