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Topic: Bitcoin conspiracy theory - page 2. (Read 3055 times)

hero member
Activity: 518
Merit: 500
April 03, 2013, 02:34:21 PM
#6
hoohoooo... big conspiracy... mad iranians... selling oil for bitcoins which they change back to petrodollars at mtgox...

Let's have another theory: Obama who runs the bear trap on mtgox. That's the way they will save the budget...


You fool! It's obviously the robot prototype JFK that has traveled to the future to hoard bitcoins, sell them on Gox, then use the USD to buy the pope mobile, and then take the pope mobile back with him to the past...to change the future. I can't believe I even have to spell this out for you!
newbie
Activity: 20
Merit: 0
April 03, 2013, 02:32:47 PM
#5
This is the most wild but compelling conspiracy theory that might have legs, all in a single chart.

In a nutshell, Bitcoins are backed by oil. Literally weeks after the European Union implemented sanctions against Iran, the price of Bitcoins started to explode.

Until that point, the Iranians were able to sell their oil to Europe as only the United States had the hard hitting sanctions. However you’ll notice almost immediately after those sanctions were implemented the price of Bitcoin went up.

http://www.tribbleagency.com/?p=8854


correlation != causation 

It is correlation does not imply causation. To state that correlation never equals causation is just as ignorant as the OP.
sr. member
Activity: 399
Merit: 250
April 03, 2013, 02:31:02 PM
#4
hoohoooo... big conspiracy... mad iranians... selling oil for bitcoins which they change back to petrodollars at mtgox...

Let's have another theory: Obama who runs the bear trap on mtgox. That's the way they will save the budget...
sr. member
Activity: 448
Merit: 251
Bitcoin
April 03, 2013, 02:27:20 PM
#3
This is the most wild but compelling conspiracy theory that might have legs, all in a single chart.

In a nutshell, Bitcoins are backed by oil. Literally weeks after the European Union implemented sanctions against Iran, the price of Bitcoins started to explode.

Until that point, the Iranians were able to sell their oil to Europe as only the United States had the hard hitting sanctions. However you’ll notice almost immediately after those sanctions were implemented the price of Bitcoin went up.

http://www.tribbleagency.com/?p=8854


correlation != causation 

 correlation and causation =  conspiracy theory

 ... which exactly is as advertised in the article. 

sr. member
Activity: 364
Merit: 250
April 03, 2013, 02:22:42 PM
#2
This is the most wild but compelling conspiracy theory that might have legs, all in a single chart.

In a nutshell, Bitcoins are backed by oil. Literally weeks after the European Union implemented sanctions against Iran, the price of Bitcoins started to explode.

Until that point, the Iranians were able to sell their oil to Europe as only the United States had the hard hitting sanctions. However you’ll notice almost immediately after those sanctions were implemented the price of Bitcoin went up.

http://www.tribbleagency.com/?p=8854


correlation != causation 
sr. member
Activity: 448
Merit: 251
Bitcoin
April 03, 2013, 02:18:06 PM
#1
This is the most wild but compelling conspiracy theory that might have legs, all in a single chart.

In a nutshell, Bitcoins are backed by oil. Literally weeks after the European Union implemented sanctions against Iran, the price of Bitcoins started to explode.

Until that point, the Iranians were able to sell their oil to Europe as only the United States had the hard hitting sanctions. However you’ll notice almost immediately after those sanctions were implemented the price of Bitcoin went up.

http://www.tribbleagency.com/?p=8854
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