PIRATE BUSTED: Bullish or Bearish? - page 3.

DavidBAL

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Always riding the Bull...

Quote from: ElectricMucus on July 23, 2013, 12:34:45 PM

It also reinforces the association by the public: Bitcoin that's a ponzi - now confirmed by the SEC.

They didn't make that assertion, on the contrary they make it clear this was a specific entity operating on top of bitcoin.. just like madoff. They could have made that release sound much worse then they did.. instead they made it seem like they are going to be policing btc fraud.. which from a utility point of view is a huge value add..

ElectricMucus

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Marketing manager - GO MP

It also reinforces the association by the public: Bitcoin that's a ponzi - now confirmed by the SEC.

DavidBAL

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Always riding the Bull...

Quote from: Chalkbot on July 23, 2013, 12:30:44 PM

I don't think it matters if the coins come back or not. It's bullish in the sense that the SEC saw fit to get involved. If this was a WoW gold ponzi, the chances of that happening are highly unlikely, despite the fact that they are traded for dollars on the secondary market. This will work as an indirect endorsement for bitcoin legitimacy.

Exactly.

Chalkbot

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I don't think it matters if the coins come back or not. It's bullish in the sense that the SEC saw fit to get involved. If this was a WoW gold ponzi, the chances of that happening are highly unlikely, despite the fact that they are traded for dollars on the secondary market. This will work as an indirect endorsement for bitcoin legitimacy.

thefiniteidea

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