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Topic: 2013-04-05 CNBC: Bitcoin Only Good for Narco Dollar Traffickers: Pro (Read 1167 times)

full member
Activity: 168
Merit: 100
Who would spend their weekend waiting in the mtgox queue... It only counts business days anyway! Wink
sr. member
Activity: 406
Merit: 250
yeah I can imagine that the weekend is when most will be doing some thorough research then be ready to roll next week, as long as they don't intend to wait in the MtGox queue
full member
Activity: 168
Merit: 100
News hasn't been too bad.  CNN is doing their best to play fair, Al Jazeera isn't doing bad, even Fox is taking a modestly neutral position (shocking, I know), BBC is lols but they're trying, I'd say NPR is doing well...  But CNBC... holy crap they're drooling on themselves.   Embarrassed

the mere fact that all those news agencies are talking about Bitcoin is fantastic.

who thought we'd see this so soon?  Cheesy
Yea, after this week we can safely say that everybody in financial news has heard about Bitcoin, and maybe even actually understands it to some degree.  A huge week for Bitcoin.

Next week will be the reaction, and from there on... that's when we'll see.

Despite all the serious news blunders on Bitcoin, there has finally started to be some legitimate discussion and coverage.  Quite a few journalists are taking their crash-course on bitcoin seriously, and I love watching them have the lightbulb moments.
sr. member
Activity: 379
Merit: 250
How interesting? Just cannot understand whether Narco Dollar or Narco Bitcoin traffickers are meant?

Self contradiction in the headline?
hero member
Activity: 661
Merit: 500
I would have loved to debate that smug little douche on air. 
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪

the mere fact that all those news agencies are talking about Bitcoin is fantastic.

who thought we'd see this so soon?  Cheesy

+1, never thought I would see bitcoin mentioned on national television this soon.
legendary
Activity: 1764
Merit: 1002
News hasn't been too bad.  CNN is doing their best to play fair, Al Jazeera isn't doing bad, even Fox is taking a modestly neutral position (shocking, I know), BBC is lols but they're trying, I'd say NPR is doing well...  But CNBC... holy crap they're drooling on themselves.   Embarrassed

the mere fact that all those news agencies are talking about Bitcoin is fantastic.

who thought we'd see this so soon?  Cheesy
full member
Activity: 280
Merit: 102
Quote
"Someone who tries to buy it comes on TV, pushes the story and hopefully tomorrow you can sell it for a higher price. That's not a currency—that's a ponzi scheme," Serra said.

Quote
On the other hand, Serra said, gold has been successful over the years as it stores value.

Gold = ponzi scheme
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
Not only it is wrong, but is unclear. 5 march? 3 may? Dunno.
sr. member
Activity: 453
Merit: 250
full member
Activity: 168
Merit: 100
News hasn't been too bad.  CNN is doing their best to play fair, Al Jazeera isn't doing bad, even Fox is taking a modestly neutral position (shocking, I know), BBC is lols but they're trying, I'd say NPR is doing well...  But CNBC... holy crap they're drooling on themselves.   Embarrassed
legendary
Activity: 1106
Merit: 1001
Yep, trolling. Kind of strange how the financial press seem to have all jumped on the FUDwaggon together, any tinfoil hat wearer would think they're trying to keep interest down until they've had a chance to get in themselves.

I think this might be a case of "Never assign malice to that which can be successfully explained by incompetence". FUD is, among other things, much EASIER. It's easier to write, easier to understand, easier to sell.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
hero member
Activity: 588
Merit: 500
Here's the video of the interviewers and Davide Serra making fools of themselves for posterity.  Alistair Cotton comes off as over his head, but relatively reasonable by comparison.

http://video.cnbc.com/gallery/?play=1&video=3000159292
hero member
Activity: 588
Merit: 500
At this point, I think they're just trolling, they must've figured out that yellow journalism on the Bitcoin topic  increases their otherwise plummetting ratings and pageviews.

http://www.cnbc.com/id/100618934
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