Author Topic: “What the hell is a bitcoin?”  (Read 22307 times)

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Re: “What the hell is a bitcoin?”
« Reply #330 on: February 12, 2018, 03:13:24 PM »
It’s a pyramid. Nothing more.

When the entire system is rigged and controlled by criminals  it is too. ;)

Re: “What the hell is a bitcoin?”
« Reply #331 on: February 12, 2018, 03:51:02 PM »
the entire system is rigged


https://www.zerohedge.com/news/2018-02-11/economist-it-appears-market-conspiracy-theorists-were-right


Quote
The paper examines conduct at 497 financial institutions between 2005 and 2011, paying particular attention to individuals who had previously worked in the federal government, in institutions including the Federal Reserve. In the two years prior to the TARP, these people’s trading gave no evidence of unusual insight. But in the nine months after the TARP was announced, they achieved particularly good results. The paper concludes that “politically connected insiders had a significant information advantage during the crisis and traded to exploit this advantage.”


Who could have ever guessed???

Re: “What the hell is a bitcoin?”
« Reply #332 on: February 20, 2018, 06:49:27 PM »
https://www.wsj.com/articles/south-korean-cryptocurrency-regulator-found-dead-at-home-1519093020
"A South Korean official who guided Seoul’s regulatory clampdown on cryptocurrencies was found dead on Sunday, according to a government spokesman."