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This is a hoax. One drawback to BTC is the entire Bitcoin community is full of scam artists. Like this poster, who tries to do things like influence public sent
by Throwadev 14y ago
This is a hoax. One drawback to BTC is the entire Bitcoin community is full of scam artists. Like this poster, who tries to do things like influence public sentiment to move the markets in a direction that benefits them. You see this kind of thing a ton on the bitcoin message boards, where they post "Guys! I heard that such and such is happening. Watch out!!! Your BTC is going to be worthless soon!!" or they just post fake articles without attributing a source to them.
It's weird but for some reason that community is full of enough people who tolerate this kind of thing and even fall for it that it made me sick of Bitcoin. I like the idea behind BTC but the sleaze factor was too high for me to stick around.
- kls 14y agoIn the end this could actually serve to strengthen the currency, if their is huge signal-to-noise ration it may make people cynical to news about the currency in which case it could stabilize it in time of true crisis as the little boy could have cried wolf too many times. That being said, it's not like the same issue is not present in traditional financial markets its just that the club of people that can affect the market in their favor is fairly exclusive. As well over time their strategies had to become more sophisticated.
- BrokenPipe 14y agoWhat doesn't kill bitcoins makes it harder.
- tudorizer 14y agoNew currencies bring these types of people. It's ok. We get to filter them in time. It's like porn and new media: if it's not porn on it, it doesn't have enough users.